Seismic Upgrade Sample Clauses
A Seismic Upgrade clause outlines the requirements and responsibilities for improving a building's structural integrity to better withstand earthquakes. Typically, this clause specifies the standards or codes that must be met, assigns responsibility for performing and paying for the upgrades (such as to the landlord or tenant), and may set deadlines for completion. Its core practical function is to ensure that the property is brought up to current seismic safety standards, thereby reducing risk to occupants and protecting the value of the asset.
Seismic Upgrade. No later than December 31,1998, Lessee shall, at Lessee's sole cost and expense, perform or cause to be performed all repairs and other actions as may be necessary or appropriate to cause the Premises to be in compliance with all applicable laws, ordinances, rules and regulations relating to earthquake or seismic safety to the satisfaction of the appropriate governmental entities or as otherwise required by Lessor.
Seismic Upgrade. The Building has been seismically upgraded to conform to City of Berkeley requirements for Tenant’s use. Landlord will construct additional upgrades if additional upgrades are required by applicable law, at Landlord’s sole cost.
Seismic Upgrade. Without limiting paragraph 45(b), --------------- Tenant acknowledges that governmental approval of the Construction Documents will result in some mandatory seismic upgrades to 863 Mitten. Accordingly, Tenant agrees to give Landlord reasonable prior notice of all conversations and meetings with applicable governmental agencies regarding approval of the Space Plans, Final Preliminary Plans and Construction Documents to permit Landlord or its representative to participate in such governmental approval process. Landlord and Tenant shall cooperate with each other and act in good faith in obtaining governmental approval of the Construction Documents and negotiating the scope of any seismic upgrade work. Landlord and Tenant agree that (i) all work shown on those certain plans approved by the City of Burlingame during November, 1993 for the issuance of a building permit with respect to the Building (the "Approved Seismic Work"); and (ii) any additional or different work in the nature of seismic upgrade work which the City of Burlingame may require be done to the Building in conjunction with its later issuance of a building permit for any Landlord's Work or Tenant Improvements, or in conjunction with the approval by city inspectors of any of the same, shall be herein collectively referred to as the "Mandatory Seismic Work." The Mandatory Seismic Work shall be part of Landlord's Work; provided, however, (i) Landlord shall not be responsible for any costs of relocating any then installed Approved Seismic Work caused by the design of the Tenant Improvements and (ii) Tenant may elect, by delivering written notice (the "Seismic Election Notice") to Landlord within five (5) business days after receipt by Tenant of the Mandatory Seismic Work Cost Estimate (as defined below), to cause Contractor (as defined in paragraph 45(d) to perform, at Tenant's sole cost and in accordance with the Seismic Report and applicable laws, that portion of the Mandatory Seismic Work to upgrade the Premises from 1973 Uniform Building Code standards to 1985 Uniform Building Code standards. Landlord shall, as soon as reasonably practicable, notify Tenant of the reasonably estimated cost of performing the Mandatory Seismic Work, and of the estimated cost of the portion of the Mandatory Seismic Work to upgrade the Premises from 1973 Uniform Building Code Standards to 1985 Uniform Building Code Standards ("Landlord's Seismic Work Cost Estimate"). Landlord's failure to so receive Tenant's Seismic E...