Additional Building definition
Examples of Additional Building in a sentence
Employing or procuring agents, contractors or others as the Landlord decides in connection with the Building Services and the Additional Building Services.
Providing accommodation for staff, plant, furniture, equipment and vehicles used in providing the Building Services and the Additional Building Services, and all outgoings on them.
Building 543, the Additional Building and Building 154 are individually referred to herein as a “Building” and are collectively referred to herein as the “Buildings.” Property (section 1.1): The land, the buildings and other improvements known as NASA ▇▇▇▇ Research Center, ▇▇▇▇▇▇▇ Field, California 94035-1000.
Monthly Base Rent (dollars per month) (section 3.1): $42,351.61; provided, however, during the period beginning on November 1, 2012 and ending on January 30, 2013 during which Tenant intends to construct the Additional Building, the monthly Base Rent for the Premises shall be reduced to $41,643.86.
If the Additional Building is not completed during the Construction Period, Tenant may continue to perform such work thereafter; provided, however, Tenant shall pay the full monthly Base Rent with respect to the Premises.
Tenant shall not use any portion of the Property other than the Premises in connection with the construction of the Additional Building.
Such builder’s risk insurance shall be written on a completed value basis in an amount not less than the full estimated replacement cost of the Additional Building.
Landlord shall then have the right to post and maintain on the Premises and other portions of the Property any notices that are required to protect Landlord and Landlord’s interest in the Property from any liens for work and labor performed or materials furnished in completing the Additional Building.
As used in this Amendment, the phrase “Construction Period” means the period of time beginning on the Effective Date and ending on the earlier of: (1) the date on which NASA’s Fire Marshal completes a final inspection of the Additional Building and determines that the Additional Building is substantially complete; or (2) ninety (90) days following the Permit Issue Date.
During the Construction Period, Landlord has agreed to reduce the monthly Base Rent applicable to the Additional Building as set forth on the amended Basic Lease Information attached to this Amendment as Exhibit 1.