Building B1 definition
Examples of Building B1 in a sentence
Ltd., a limited liability company incorporated and existing under the PRC laws, with its registered address at 11th floor, Building B1, Software Industry Phase 4.1, ▇▇.▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇.
The $200,000 annual rent shall commence following the issuance of the Certificate of Occupancy for Building B2, and for that first year thereafter shall be a pro-rata payment of the $200,000 annual rent based on the percentage of Building B1 that is leased.
The Developer and the City will also enter into a Master Deed converting the improvements to be made to the ▇▇▇▇▇▇ Avenue Property into a condominium project with the following three units, all as more fully described below: (i) Building B1 on the ▇▇▇▇▇▇ Retail Property in accordance with Exhibit C-2, (ii) Building B2 - the ▇▇▇▇▇▇ Parking Property in accordance with Exhibit C-3, and (iii) Building B3 - the ▇▇▇▇▇▇ Active Adult Housing Property in accordance with Exhibit C-2.
Building B1 will be owned by the Developer, or its assignee, or any successor thereto, until the expiration of the Master Ground Lease and the retail space will be leased by the Developer to retail tenants.
The parties agree that in the event the Developer fails to build Building B3 and obtain the certificate of occupancy within the specified time limits contained in the MDA, the City shall have, as one of its remedies for a breach of the MDA, cancellation of the Master Ground Lease pursuant to Section 12.1(iii) and Section 12.2 of the Master Ground Lease and thus forfeiture of Building B1 to the City.
If the as-built rentable square footage of the Building B-1 Premises is greater than or less than the rentable square footage stipulated in Section 1.1 hereof, the Minimum Annual Rent shall be adjusted, as appropriate, based on the Minimum Annual Rent Per Square Foot set forth in Section 2 hereof.
Sections 4, 5, 6(a), 32, and 37 of the Lease do not apply to Building B-1.
However, the conditioned spaces in Building B1 need not have LEED Certification if the HVAC systems, including but not limited to the cooling tower, chillers, air handlers, condenser and chilled water pumping systems, of those conditioned spaces are separate from and independent of the HVAC system designed for heating and cooling of the office building.
Following the construction of Buildings A, C and D, Landlord may construct all or a portion of Building B at any time (Landlord agrees that if only a portion of Building B is so constructed, Landlord will construct Building B-2 before constructing Building B-1), and shall have no obligation to wait for Tenant to exercise its expansion option with respect thereto.
Building B1 will be an approximately 23,917 gross square feet single-story building or buildings containing retail space and a residential lobby for Building B3 (defined below).