Two Building Development Clause Samples

Two Building Development. The parties acknowledge that Exhibit "C" hereto contains a proposed site plan for Landlord's entire construction project to be known as Landlord's two building development (hereinafter referred to as the "Development"). Tenant acknowledges that the site plan for the Development is subject to change and that Landlord may construct the Development in a totally different configuration or may not develop certain portions. During of after construction of the Development, Landlord reserves the right to sell the Development or portions thereof as developed with buildings or as undeveloped property. The parties understand that in the event of Landlord's sale of portions of the property developed as an integral part of the Development, prior to such sale, Landlord shall place cross easement, access and parking easements, suitable to Landlord upon released and unreleased portions of the Development to facilitate its continued integral use. Common Area Maintenance provisions contained in the next immediate paragraphs of this Lease shall be unaffected by any such partial sale and the Landlord shall exercise his best efforts to ensure the parking and common areas of the entire Development, as built, will be under common management.