Shared Facilities and Services Clause Samples
Shared Facilities and Services. LGI shall provide access to and support related to the following (collectively, the “Shared Facilities”): • Information technology (“IT”) staff, network infrastructure, communications, equipment (computers, laptops, fixed and mobile phones and tablets, as applicable), security, software maintenance and supplies (hereinafter in the aggregate referred to as the “LGI Technology Support”), • certain leasehold improvements, • furniture, fixtures, appliances, equipment and other movable personal property not owned by SplitCo or SplitCo Sub (“LGI Personal Property”), • cafeteria and gym facilities staff and related services, security personnel and related services (hereinafter in the aggregate referred to as the (“LGI Cafeteria and Gym Facilities”), • janitorial services, maintenance and repairs, office equipment rent, office supplies, • food and drink supplies for copy and breakout rooms, copier supplies, postage (not including overnight or bulk mailings), • receptionist and receptionist related services on the 10th floor of the Building, and • building and support services, mailroom services and medical supplies located within the Premises.
Shared Facilities and Services. The Parties acknowledge and agree that maintenance, repair, replacement and upkeep of the Shared Facilities as well as certain operating costs and services which benefit the assets and operations of both Seller and SMEP at each Terminal should be a shared responsibility as both Parties benefit therefrom. Therefore, the Parties agree that SMEP, as owner of the Terminals, shall be responsible for performing Routine O&M Services (as hereinafter defined) and Non-Routine M&R Services (as hereinafter defined) which pertain to the Shared Facilities and such other mutually beneficial costs and services. Each Seller shall reimburse SMEP for its share of SMEP’s costs of performing and providing Routine O&M Services and Non-Routine M&R Services at the Terminals as provided in Section 4(g) below and as set forth in this Agreement. SMEP shall perform or cause to be performed all Routine O&M Services and Non-Routine M&R Services (i) in accordance with all applicable federal, state or local laws, regulations or rules, (ii) in a manner that is reasonably consistent with Sellers’ historical practices in terms of quality and cost, (iii) in a good and workmanlike manner, and (iv) in a manner consistent with normal and customary practices in the asphalt industry in the United States.
Shared Facilities and Services. On the Closing Date, BioTime and AgeX shall enter into the Shared Facilities and Services Agreement. [ * ] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended.