Shared Space Arrangement Sample Clauses

Shared Space Arrangement. Notwithstanding anything to the ------------------------ contrary in this Xxxxxxxxx 00, Xxxxxx may from time to time permit third parties with whom Tenant will share office services to use a portion of the Premises and such use shall not be deemed to be a sublease so long as (i) no more than 1,500 rentable square feet of the Premises is so used at any one time, and (ii) the space Occupied by such parties is not separately demised from the balance of the Premises (i.e. separated from the balance of the space by a wall or other constructed device and having separate entrances to the common areas) and (iii) the use of the space is not a use which increases (a) the operating costs for the Building, (b)the burden on the Building services, or (c) the foot traffic, elevator usage or security concerns in the Building, or creates an increased probability of the comfort and/or safety of the Landlord and other tenants in the Building being unreasonably compromised or reduced, and (iv) Tenant does not realize a profit with respect to the space so used. The rights set forth in this paragraph are personal to Digital Island, Inc., a California corporation, and shall not inure to the benefit of any successor, assignee or subtenant of Tenant. Tenant shall be fully responsible for the conduct of such parties within the Premises and the Real Property, and Tenant's indemnification obligations set forth in Paragraph 14 of this Lease shall apply with respect to the conduct of such parties. Tenant shall supply Landlord with the terms of any such space sharing arrangement. If such arrangement indicates that the sums payable thereunder for the value of the use of the space exceed the Monthly Rent and Additional Rent payable under Paragraphs 5 and 7 hereof for such space, that particular space sharing arrangement will be deemed to be a sublease for the purpose of applying the provisions of Paragraph 13.e. above. Notwithstanding the foregoing, Tenant shall not permit any party to occupy space in the Premises (or conduct business in the Premises) pursuant to the above until Tenant delivers to Landlord a fully executed counterpart of Landlord's waiver and acknowledgement form for space sharing arrangements.
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Shared Space Arrangement. Notwithstanding anything to the contrary ------------------------ in this Paragraph 13, Tenant may from time to time permit third parties with whom Tenant is working on particular projects and with whom Tenant will share office services to use a portion of the Premises and such use shall not be deemed to be a sublease so long as (i) no more than fifteen percent (15%) of the rentable square footage of the Premises is so used at any one time and (ii) the space occupied by such parties is not separately demised from the balance of the
Sample 1
Shared Space Arrangement. Following the Closing Date and through February 29, 1996 (the "Period"), Astrosystems agrees that it shall permit Buyer to use the premises located at 0 Xxxxxx Xxxxx, Xxxx Xxxxxxx, Xxx Xxxx (the "Premises") on the following terms and conditions: (a) During the Period, Astrosystems agrees to: (i) maintain telephone, heat, light and janitorial services; (ii) provide work space to all Transferred Employees in a manner consistent with that currently provided to them; and (iii) use its best efforts to retain the Astrosystems support staff employees listed on Schedule 8.22 attached hereto (the "Support Employees") (such best efforts obligation not to include the granting of any additional remuneration or other benefits). The Support Employees shall perform such services for the benefit of Buyer as are related to the department in which they are a member, as set forth on Schedule 8.22. Schedule 8.22 also reflects the weekly salary for each Support Employee as well as the anticipated percentage of time that each Support Employee shall perform services for the benefit of Buyer. Astrosystems' best efforts obligation as set forth above shall continue throughout the Period with regard to each Support Employee until such time as a particular Support Employee voluntarily leaves Astrosystems' employment or Astrosystems is notified by the Buyer that retention of the particular Support Employee is no longer required. (b) In consideration for the foregoing, if Buyer elects to use the Premises, Buyer agrees as follows: (i) Buyer promptly will pay to Astrosystems the sum of $10,000 per week in advance for as long as any Transferred Employee uses the Premises. A proportionate amount thereof shall be due and payable for any partial week of use. (ii) Buyer promptly will reimburse Astrosystems for all direct pay of Support Employees and will, in addition, pay to Astrosystems a sum equal to 25% of all direct pay due. The parties acknowledge and agree that the percentages set forth on Schedule 8.22 are estimates only and, accordingly, shall not be determinative of the amount due from Buyer to Astrosystems hereunder. For the purpose of determining the amount due from Buyer hereunder, Astrosystems shall supply to Buyer on a weekly basis copies of the time cards of the Support Employees for the preceding week. Any time spent by Support Employees on matters not relating to either of the Acquired Businesses will be excluded from the calculation of amounts due. (iii) Buyer will be liable...
Sample 1

Related to Shared Space Arrangement

  • Shared Loss Arrangement 1 2.1 Accounting for and Management of Shared-Loss Assets 1

  • Provisioning Line Splitting and Splitter Space 3.8.1 The Data LEC, Voice CLEC or BellSouth may provide the splitter. When EZ Phone or its authorized agent owns the splitter, Line Splitting requires the following: a non-designed analog Loop from the serving wire center to the NID at the End User’s location; a collocation cross connection connecting the Loop to the collocation space; a second collocation cross connection from the collocation space connected to a voice port; the high frequency spectrum line activation, and a splitter. The Loop and port cannot be a Loop and port combination (i.e. UNE-P), but must be individual stand-alone Network Elements. When BellSouth owns the splitter, Line Splitting requires the following: a non designed analog Loop from the serving wire center to the NID at the End User’s location with CFA and splitter port assignments, and a collocation cross connection from the collocation space connected to a voice port.

  • SINGLE FAMILY SHARED-LOSS AGREEMENT This agreement for the reimbursement of loss sharing on certain single family residential mortgage loans (the “Single Family Shared-Loss Agreement”) shall apply when the Assuming Institution purchases Single Family Shared-Loss Loans as that term is defined herein. The terms hereof shall modify and supplement, as necessary, the terms of the Purchase and Assumption Agreement to which this Single Family Shared-Loss Agreement is attached as Exhibit 4.15A and incorporated therein. To the extent any inconsistencies may arise between the terms of the Purchase and Assumption Agreement and this Single Family Shared-Loss Agreement with respect to the subject matter of this Single Family Shared-Loss Agreement, the terms of this Single Family Shared-Loss Agreement shall control. References in this Single Family Shared- Loss Agreement to a particular Section shall be deemed to refer to a Section in this Single Family Shared-Loss Agreement, unless the context indicates that it is intended to be a reference to a Section of the Purchase and Assumption Agreement.

  • Flexible Work Arrangements (1) Work-life strategies are important to allow staff to harmonise their family and work commitments, while maintaining operational efficiency and work force productivity.

  • Construction Management Plan Contractor shall prepare and furnish to the Owner a thorough and complete plan for the management of the Project from issuance of the Proceed Order through the issuance of the Design Professional's Certificate of Material Completion. Such plan shall include, without limitation, an estimate of the manpower requirements for each trade and the anticipated availability of such manpower, a schedule prepared using the critical path method that will amplify and support the schedule required in Article 2.1.5 below, and the Submittal Schedule as required in Article 2.2.3. The Contractor shall include in his plan the names and resumés of the Project Superintendent, Project Manager and the person in charge of Safety.

  • Tenant Improvement Plans Tenant, at Tenant's sole cost and expense, shall retain an interior architect ("Architect") to prepare plans and outline specifications to be attached as Exhibit "C" ("Tenant Improvement Plans and Specifications") with respect to the construction of initial interior improvements to the Premises ("Tenant Improvements"). The Tenant Improvement Plans and Specifications shall be completed for all aspects of the work (either in one package or in phases as provided below) by June 30, 2001 with all detail necessary for submittal to the city, within three (3) days thereafter, for issuance of building permits and for construction, and shall include any information required by the relevant agencies regarding Tenant's use of Hazardous Materials if applicable. The Tenant Improvements shall: (i) be reasonably compatible with (and not damaging to) the structural, mechanical, electrical, plumbing and other systems of the Building, (ii) not materially adversely impact (in Landlord's reasonable judgment) the exterior appearance or operations of the Building, the currently existing interior improvements in the Building, or the appearance or operations of the public areas of the Building and (iii) comply with all any law, statute, ordinance, order, rule, regulation or requirement of any governmental or quasi-governmental authority. All Tenant Improvements shall be subject to Landlord's reasonable approval, which shall not be unreasonably withheld or delayed beyond five (5) business days following receipt of Tenant's Plans and Specifications, provided the above conditions are met. Landlord's failure to approve, or reasonably disapprove, the Tenant Improvement Plans and Specifications (or revised Plans and Specifications) within five (5) business days following Landlord's receipt thereof shall be deemed Landlord's approval. The Tenant Improvement Plans and Specifications shall include all detail required by the City of Santa Clara necessary to obtain a Certificate of Occupancy. Construction ox xxx Tenant Improvements shall be performed by a general contractor ("General Contractor") selected by Tenant, subject to Landlord's reasonable approval. Tenant shall not be required to use union labor as a condition of receiving Landlord's approval hereunder. The Tenant Improvement Plans and Specifications shall be prepared in sufficient detail to allow General Contractor to construct the Tenant Improvements. The Tenant shall contract directly with General Contractor for construction of the Tenant Improvements and shall cause the General Contractor to construct the Tenant Improvements in accordance with all Tenant Improvement Plans and Specifications. Tenant shall have no obligation to remove the Tenant Improvements at the expiration or earlier termination of the Lease. The Tenant Improvements (other than Tenant's trade fixtures, equipment and furnishings and other personal property of Tenant that can be removed without permanent damage to the Premises) shall not be removed or altered by Tenant without the prior written consent of Landlord as provided in Section 7. Tenant shall have the right to depreciate and claim and collect any investment tax credits in the Tenant Improvements during the Lease Term. Upon expiration of the Lease Term or any earlier termination of the Lease, the Tenant Improvements (other than Tenant's trade fixtures, equipment and furnishings and other personal property of Tenant that can be removed without permanent damage to the Premises) shall become the property of Landlord and shall remain upon and be surrendered with the Premises, and title thereto shall automatically vest in Landlord without any payment therefore.

  • Improvement Plans A. A professional improvement plan is a clearly articulated assistance program for a teacher whose student growth measure dimension of the evaluation is below the expected level of student growth. For the purposes of this agreement, improvement plans shall be based on the individual student growth measure level, and not for overall subjects or classes taught.

  • Arrangement Agreement This Plan of Arrangement is made pursuant to, and is subject to the provisions of, the Arrangement Agreement, except in respect of the sequence of the steps comprising the Arrangement, which shall occur in the order set forth herein.

  • Lease Agreement On the terms stated in this Lease, Landlord leases the Premises to Tenant, and Tenant leases the Premises from Landlord, for the Term beginning on the Commencement Date and ending on the Termination Date unless extended or sooner terminated pursuant to this Lease.

  • Final Space Plan Tenant shall supply Landlord with four (4) copies signed by Tenant of its final space plan for the Premises before any architectural working drawings or engineering drawings have been commenced. The final space plan (the “Final Space Plan”) shall include a layout and designation of all offices, rooms and other partitioning, their intended use, and equipment to be contained therein. Landlord may request clarification or more specific drawings for special use items not included in the Final Space Plan. Landlord shall advise Tenant within five (5) business days after Landlord’s receipt of the Final Space Plan for the Premises if the same is unsatisfactory or incomplete in any respect. If Tenant is so advised, Tenant shall promptly (i) cause the Final Space Plan to be revised to correct any deficiencies or other matters Landlord may reasonably require, and (ii) deliver such revised Final Space Plan to Landlord.

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