Common use of Setback Waiver Clause in Contracts

Setback Waiver. To the extent that any applicable law, ordinance, regulation or permit establishes, or has established, minimum setbacks from the exterior boundaries of the property of which the Leased Premises is a part, from any structures on the property of which the Leased Premises is a part (occupied or otherwise), or from any other point of measurement for Improvements constructed on property of which the Leased Premises is a part, Landlord hereby waives any and all such setbacks and setback requirements (the “Setback Waiver”). The Setback Waiver is for the benefit of Tenant, the owner(s) of any adjacent properties, and their respective successors and assigns, and shall run with the land. Further, if requested by Tenant, Landlord shall execute and deliver to Tenant one or more separate setback waivers and/or easements in a form provided by Tenant, which Tenant may then record at its expense. This waiver shall survive the termination of this Lease for so long as Improvements exist on real property adjacent to the Leased Premises.