Common use of Operation of Project Clause in Contracts

Operation of Project. During the Term, and so long as no Event of Default shall exist, and so long as no event shall occur which, with the passage of time or the giving of notice or both, would constitute an Event of Default, the Landlord shall operate and maintain the Project in accordance with applicable laws and regulations and with standards from time to time prevailing for similar projects in the area in which the Project is located and, subject to payment by the Tenant of Rent, shall provide the Services set out in this Article 6.00; provided that the Landlord shall not be responsible for operating, maintaining, repairing or replacing any systems, facilities or equipment to the extent that the operation, maintenance, repair or replacement thereof are specifically stated in this Lease to be the responsibility of the Tenant.

Appears in 2 contracts

Samples: SmartCool Systems, Inc., Strategy International Insurance Group Inc

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Operation of Project. During the Term, and so long as no material Event of Default shall exist, and so long as no event shall occur which, with the passage of time or the giving of notice or both, would constitute an a material Event of Default, the Landlord shall operate and maintain the Project in accordance with applicable laws and regulations and with standards from time to time prevailing for similar projects in the area in which the Project is located and, subject to payment by the Tenant of Rent, shall provide the Services set out in this Article 6.00; provided that the Landlord shall not be responsible for operating, maintaining, repairing or replacing any systems, facilities or equipment to the extent that the operation, maintenance, repair or replacement thereof are specifically stated in this Lease to be the responsibility of the Tenant.

Appears in 1 contract

Samples: Shopify Inc.

Operation of Project. During the Term, and so long as no Event of Default (as defined in Section 11.04) shall exist, and so long as no event shall occur which, with the passage of time or the giving of notice or both, would constitute an Event of Default, the Landlord shall operate and maintain the Project in accordance with applicable laws and regulations and with standards from time to time prevailing for similar projects in the area in which the Project is located and, subject to payment by the Tenant of Rent, shall provide the Services set out in this Article 6.00; provided that the Landlord shall not be responsible for providing those Services or operating, maintaining, repairing or replacing any the systems, facilities or equipment for the provision of such services to the extent that the such Services, operation, maintenance, repair or replacement thereof are specifically stated in this Lease to be the responsibility of the Tenant.

Appears in 1 contract

Samples: Lease Amending and Extension Agreement (Ym Biosciences Inc)

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Operation of Project. During the Term, and so long as no Event of Default shall exist, and so long as no event shall occur which, with the passage of time or the giving of notice or both, would constitute an Event of Default, the Landlord shall operate and maintain the Project in accordance with applicable laws and regulations and with standards from time to time prevailing for similar projects in the area in which the Project is located and, subject to payment by the Tenant of Rent, shall provide the Services set out in this Article 6.00; provided that the Landlord shall not be responsible for providing those Services or operating, maintaining, repairing or replacing any the systems, facilities or equipment for the provision of such Services to the extent that the such Services, operation, maintenance, repair or replacement thereof are specifically stated in this Lease to be the responsibility of the Tenant.

Appears in 1 contract

Samples: Lease Extension and Amending Agreement (Nevada Geothermal Power Inc)

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