Storage Area. Subject to Tenant complying with all of the provisions of this Lease including, without limitation, Section 12 hereof, and all applicable Legal Requirements and Landlord’s rules and regulations, Tenant shall have the right, with funds from the TI Allowance, to construct and/or install, from time to time, a Hazardous Materials storage container and a general storage facility in the location depicted on Exhibit J attached hereto (the “Storage Area”), which may be used by Tenant for Hazardous Materials storage, storage of Tenant’s liquid nitrogen tanks or other liquid or compressed gas storage tanks, installation of supplemental equipment for the Building systems, equipment storage, and other storage facilities associated with Tenant’s occupancy of the Building, at no additional Base Rent for the use of such facilities. All such improvements to the Storage Area shall be of a design and type and with screening acceptable to Landlord, in Landlord’s sole and absolute discretion. Landlord shall have the right, in its sole and absolute discretion, to require Tenant to remove any such improvements installed by Tenant in the Storage Area and restore all such areas to their original use and condition upon the expiration or earlier termination of the Term. Tenant’s pro rata share of parking spaces (i.e. the 150 spaces) provided for in this Lease shall be reduced by the number of parking spaces impacted by the Storage Area and Tenant shall not be entitled to any additional parking rights in the Project. Landlord shall have no obligation to make any repairs or improvements to the Storage Areas and Tenant shall maintain the same, at Tenant’s sole cost and expense, in good repair and condition during the Term as though the same were part of the Premises. At the expiration or earlier termination of the Term, Tenant shall, at Tenant’s sole cost and expense, remove all of Tenant’s personal property from the Storage Area and deliver the Storage Area to Landlord free of any debris and trash and free of any Hazardous Materials.
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Sources: Lease Agreement (Verenium Corp)
Storage Area. Subject Notwithstanding anything to Tenant complying the contrary contained in the Lease, in connection with all Tenant’s use and occupancy of the provisions of this Lease including, without limitation, Section 12 hereof, and all applicable Legal Requirements and Landlord’s rules and regulationsPremises, Tenant shall have the right, with funds from right to use that portion of the TI Allowance, to construct and/or install, from time to time, a Hazardous Materials storage container and a general storage facility in underground parking garage located beneath the location depicted Building identified on Exhibit J H attached hereto (the “Storage Area”), which may be used by Tenant ) for Hazardous Materials storage, the storage of Tenant’s liquid nitrogen tanks or other liquid or compressed gas storage tanksproperty. Tenant may not store Hazardous Materials in the Storage Area. Tenant shall install, installation of supplemental equipment for the Building systems, equipment storage, and other storage facilities associated with at Tenant’s occupancy cost, fencing around the perimeter of the Building, at no additional Base Rent for Storage Area. Tenant shall have all of the use of such facilities. All such improvements obligations under the Lease with respect to the Storage Area shall be of a design and type and with screening acceptable to Landlord, in Landlord’s sole and absolute discretion. Landlord shall have the right, in its sole and absolute discretion, to require Tenant to remove any such improvements installed by Tenant in as though the Storage Area and restore all such areas to their original use and condition upon the expiration or earlier termination were part of the TermPremises, excluding the obligation to pay additional Base Rent and Operating Expenses. Tenant’s pro rata share Tenant shall maintain appropriate records, obtain and maintain appropriate insurance, implement reporting procedures, and take or cause to be taken all other actions necessary or required under applicable Legal Requirements in connection with the use of the Storage Area. The number of parking spaces (i.e. which Tenant has the 150 spaces) provided for in this Lease right to use pursuant to Section 10 shall be reduced by the number of parking spaces impacted by the Storage Area and Tenant shall not be entitled to any additional parking rights in the ProjectArea. Landlord shall have no obligation to make any repairs or other improvements to the Storage Areas Area and Tenant shall maintain the same, at Tenant’s sole cost and expense, in good repair and substantially the same condition as received during the Term term as though the same were part of the Premises. At the expiration or earlier termination of the Term, Tenant shall, at Tenant’s sole cost and expense, remove all of Tenant’s personal property from surrender the Storage Area and deliver at the Storage Area to Landlord expiration or earlier termination of the term of the Lease free of any debris and trash and free of any Hazardous MaterialsMaterials in accordance with the requirements of Section 28 of this Lease.
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Storage Area. Subject Notwithstanding anything to Tenant complying with all of the provisions of contrary contained in this Lease includingLease, without limitation, Section 12 hereof, and all applicable Legal Requirements and Landlord’s rules and regulationscommencing on the Commencement Date, Tenant shall have the right, with funds from right to use the TI Allowance, to construct and/or install, from time to time, a Hazardous Materials storage container and a general storage facility in the location depicted area described on Exhibit J I attached hereto (the “Storage Area”), which may be used by Tenant for Hazardous Materials storage, the storage of Tenant’s liquid nitrogen tanks property and for no other use or other liquid or compressed gas storage tanks, installation of supplemental equipment for the Building systems, equipment storage, and other storage facilities associated with Tenant’s occupancy of the Buildingpurpose, at no additional Base Rent for cost. Tenant may not store Hazardous Materials in the use of such facilitiesStorage Area. All such improvements to Tenant may install, at Tenant sole cost or expense, a locking fence or gate around the Storage Area shall be of a design and type and with screening acceptable to Landlord, in Landlord’s sole and absolute discretion. Landlord shall have the right, in its sole and absolute discretion, to require Tenant to remove any such improvements fence or gate installed by Tenant in and restore all the Storage Area and restore all such areas to their its original use and condition upon the expiration or earlier termination of the Term. Tenant’s pro rata share The Storage Area shall be confined to 2 parking spaces, and the number of parking spaces (i.e. which Tenant has the 150 spaces) provided for in this right to use pursuant to Section 10 of the Lease shall be reduced by the number of 2 parking spaces impacted by during the Term of the Lease with respect to the Storage Area and Tenant shall not be entitled to any additional parking rights in the ProjectArea. Landlord shall have no obligation to make any repairs or improvements to the Storage Areas Area and Tenant shall maintain the same, at Tenant’s sole cost and expense, in an orderly manner and good repair and condition during the Term as though the same were part of the Premises. At the expiration or earlier termination of the Term, Tenant shall, at Tenant’s sole cost and expense, remove all of Tenant’s personal property from the Storage Area and deliver the Storage Area to Landlord free of any debris and trash and free of any Hazardous Materials.
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