Neighboring Properties Sample Clauses

Neighboring Properties. Landlord may, from time to time, modify Landlord’s calculation and allocation procedures for Operating Expenses, so long as such modifications produce Dollar results substantially consistent with Landlord’s then-current practice at the Project. Landlord or an affiliate(s) of Landlord currently own other property(ies) adjacent to the Project or its neighboring properties (collectively, “Neighboring Properties”). In connection with Landlord performing services for the Project pursuant to the Lease, similar services may be performed by the same vendor(s) for Neighboring Properties. In such a case, Landlord shall reasonably allocate to each Building and the Project the costs for such services based upon the ratio that the square footage of the Building or the Project (as applicable) bears to the total square footage of all of the Neighboring Properties or buildings within the Neighboring Properties for which the services are performed, unless the scope of the services performed for any building or property (including the Building and the Project) is disproportionately more or less than for others, in which case Landlord shall equitably allocate the costs based on the scope of the services being performed for each building or property (including the Building and the Project). Since the Project consists of multiple buildings, certain Operating Expenses may pertain to a particular building(s), certain Operating Expenses may pertain to the North Campus, and other Operating Expenses to the Project as a whole. Landlord reserves the right in its sole discretion to allocate any such costs applicable to any particular building within the Project to such building, any costs applicable to the North Campus to the buildings comprising the North Campus (including the Building), and other such costs applicable to the Project to each building in the Project (including the Building), with the tenants in each building being responsible for paying their respective proportionate shares of their buildings to the extent required under their leases. Landlord shall allocate such costs to the buildings (including the Building) in a reasonable, non-discriminatory manner, and such allocation shall be binding on Tenant.

Neighboring Properties. The Site is surrounded primarily by industrial and commercial areas. GWRC’s main refinery operation plant that comprised the PUA was located to the north across East Xxxxxx Road. Consistent with a prior prospective purchaser agreement, the former PUA property is being developed for light industrial and commercial office park uses. The Site is bordered to the east by the concrete-lined Coyote Creek and a Water Tank and storage yard owned by the City of Santa Fe Springs. Along the southern boundary of the Site is the Metrolink railroad line, with industrial and commercial facilities south of these tracks. Carmenita Road marks the western edge of the Site. The West Tank Farm is located to the west across Carmenita Road. Consistent with three prior prospective purchaser agreements, the West Tank Farm property has been redeveloped for light manufacturing industrial and commercial warehouse facility uses.