GENERATOR SPACE Clause Samples
The GENERATOR SPACE clause defines the specific area or location allocated for the installation and operation of a generator within a property or facility. Typically, this clause outlines the boundaries, access rights, and any restrictions or requirements related to the use of the designated space, such as compliance with safety regulations or maintenance responsibilities. Its core practical function is to ensure both parties clearly understand where the generator may be placed and under what conditions, thereby preventing disputes and ensuring safe, efficient operation.
GENERATOR SPACE. Section 46.01. Tenant acknowledges that Reuters America, Inc., a --------------------- tenant in the Building, has leased a portion of the mezzanine of the Building in which it has installed a generator and a portion of the basement in the Building in which it has installed a diesel tank (the "Reuter's Tank"). Such space is indicated on the floor plan initialed by the parties, annexed hereto and made a part hereof as Exhibit 9 and is referred to, collectively, as the "Generator --------- Space"; and the generator installed therein is referred to as the Reuters ----- ------- Generator. Provided
(a) Tenant is not then in default under any of the terms, --------- covenants or conditions of this Lease on Tenant's part to be observed and performed beyond applicable grace periods, and (b) Tenant (or its affiliates) in contradistinction to any subtenants or other occupants, shall then be in occupancy of at least four (4) entire floors in the Building, Tenant shall have the option to lease the Generator Space, and the Reuter's Generator and Reuter's Tank therein as provided in this Article.
Section 46.02. In the event that the Generator Space shall become or is about to become available for leasing, Owner shall give notice ("Generator --------- Availability Notice") to Tenant which may be given not earlier than twelve (12) ------------------- months prior to the date set forth in such notice on which such space is expected to become vacant and available for leasing and, in such event, Tenant shall have the option, exercisable only by notice to Owner, within thirty (30) days next following the date of such Generator Availability Notice to lease and add the Generator Space to the Demised Premises. Any such date set forth in the Generator Availability Notice is referred to as the "Generator Expected Vacancy -------------------------- Date"; and any notice given by Tenant to Owner exercising such option is ---- referred to as the "Generator Option Notice". In the event that the Generator ----------------------- Space shall become available for leasing sooner than the Generator Expected Vacancy Date because of the termination of the term of the lease affecting such space as the result of the occurrence of an event of default thereunder, or a voluntary agreement to surrender resulting from the imminent bankruptcy of the tenant thereunder, as opposed to the expiration of said lease prior to its original expiration date, Owner shall have the right to accelerate the Genera...
GENERATOR SPACE. 88 --------------- -- SCHEDULE A Building Rules SCHEDULE B Cleaning Services to be Furnished by Owner SCHEDULE C Rentable Square Footage Schedule EXHIBIT 1 Floor Plan of Basement Space EXHIBIT 2 Description of Shaft Space EXHIBIT 3 List of Approved Contractors EXHIBIT 4 Description of Tenant's Satellite Equipment EXHIBIT 5 Description of Tenant's Reception Desk EXHIBIT 6 [Intentionally Deleted] EXHIBIT 7 Tenant's Emergency contact list EXHIBIT 8 Description of Tenant's exterior and lobby signs EXHIBIT 9 Floor Plan of Generator Space LEASE dated as of the 3rd day of May, 2000, between ▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ L.P., a Delaware limited partnership having its principal office at ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ of Manhattan, City, County, and State of New York, as landlord (referred to as "Owner"), and BLACKROCK, INC., a Delaware corporation ----- having its principal office at ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇, ▇▇▇▇▇▇ and State of New York, as tenant (referred to as "Tenant"). ------
GENERATOR SPACE. For the sole purpose of installing a generator and fuel storage tank, the Tenant shall lease approximately 200 square feet of space in the Building. The location of such space shall be determined by the Landlord by notice to the Tenant and is subject to the following terms and conditions
(a) such space shall be subject to all terms and conditions of this Lease, including without limitation the payment of Basic Rent and Additional Rent;
(b) the Tenant shall construct at its own expense an enclosed, secure room designed to contain the said generator and fuel storage tank, subject to the terms and conditions contained in this Lease; and
(c) such secure room shall be for the sole use of the Tenant and may not be used by the Landlord for any other purpose. Access to such secure room shall be restricted to the Tenant and/or its agents, subject to the Landlord's life safety and security requirements.
GENERATOR SPACE. 52 OFFICE LEASE