Office Sharing definition

Office Sharing means the use of portions of the Leased Premises by Business Partners, if, with respect to such Business Partners, such use is in connection with the services being provided to Tenant by the applicable Business Partners, the services being provided to the applicable Business Partners by Tenant, or the services being jointly provided by Tenant and the applicable Business Partners; provided, however, that no Business Partners shall be deemed to be engaging in Office Sharing if such Business Partners enter into a sublease with Tenant (as opposed to a provision in a contract for goods or office services that contemplates co-location) or has any written leasehold interest in the Leased Premises or any portion thereof. Tenant agrees to notify Landlord, promptly upon Landlord’s written request therefor, as to the approximate amount of Office Sharing by Business Partners and to certify to Landlord that such use or occupancy constitutes Office Sharing by Business Partners and does not constitute a sublease, assignment or other leasehold interest. Notwithstanding anything to the contrary in this Section 18.11, (i) Tenant, and/or any parent or subsidiary of Tenant, shall at all times occupy at least seventy percent (70%) of the Leased Premises and such Business Partners shall not collectively occupy more than thirty percent (30%) of the rentable square feet in the Leased Premises; (ii) Tenant does not separately demise such space; (iii) the Business Partners shall occupy space in the Leased Premises for the permitted use as permitted under this Lease and for no other purpose; (iv) all notices required of Landlord under this Lease shall be forwarded only to Tenant in accordance with the terms of this Lease and in no event shall Landlord be required to send any notices to any Business Partners; (v) in no event shall any use or occupancy of any portion of the Leased Premises by any Business Partners release or relieve Tenant from any of its obligations under this Lease; and (vi) under no circumstances shall any Business Partners have any right to signage in connection with this Lease.

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Office Sharing means the use of portions of the Premises by Clients and Business Partners, if, with respect to such Clients and Business Partners, such use is in connection with the services being provided to Tenant by the applicable Clients and Business Partners, the services being provided to the applicable Clients and Business Partners by Tenant, or the services being jointly provided by Tenant and the applicable Clients and Business Partners.

Office Sharing shall have the meaning ascribed to it in Section 18.11 of this Lease.

Examples of Office Sharing in a sentence

Notwithstanding the foregoing, Tenant shall not have the right to engage in Office Sharing with respect to any particular Clients and Business Partners as aforesaid if such Clients and Business Partners are engaged in a business, or the Premises will be used in a manner, that is inconsistent with the Permitted Use.
Upon Landlord’s request, Clients and Business Partners who are Office Sharing shall provide to Landlord satisfactory evidence of insurance covering their activities within the Premises.
Notwithstanding anything in this Article 5 to the contrary, provided no Event of Default has occurred and is continuing, Tenant may, without Landlord’s consent but upon at least ten (10) days’ prior notice to Landlord, permit up to ten percent (10%) of the total leasable area of the Premises to be used for Office Sharing by Clients and Business Partners, without the same constituting a Transfer.
Tenant shall provide Landlord with a copy of each such license or occupancy agreement together with Tenant’s prior written notice of such Office Sharing and/or Lab Sharing.
T▇▇▇▇▇ agrees to notify Landlord, promptly upon L▇▇▇▇▇▇▇’s written request therefor, as to the approximate amount of Office Sharing by Clients and Business Partners and to certify to Landlord that such use or occupancy constitutes Office Sharing by Clients and Business Partners and does not constitute a sublease, assignment or other leasehold interest.
Notwithstanding anything in this Article 18 to the contrary, without being subject to Landlord’s rights and Tenant’s obligations set forth in this Article 18, upon not less than thirty (30) days’ prior written notice thereof to Landlord, but without Landlord’s consent, Tenant may permit Office Sharing (as hereinafter defined) by Business Partners (as hereinafter defined), without the same constituting a subletting within the meaning of this Article 18.
In no event shall the use of any portion of the Premises by any such Shared User create or be deemed to create any right, title or interest of such Shared User in any portion of the Premises or this Lease, and any such Office Sharing or Lab Sharing shall not give rise to a landlord-tenant relationship between Landlord and any Shared User.
Agency shall utilize the services of its own employees to collect the Portfolio and shall utilize Client's Euless collection center location pursuant to an Office Sharing Agreement of even date herewith for purposes of performing a substantial portion of the services to be provided hereunder.
Tenant agrees to notify Landlord, promptly upon Landlord’s written request therefor, as to the approximate amount of Office Sharing by Business Partners and to certify to Landlord that such use or occupancy constitutes Office Sharing by Business Partners and does not constitute a sublease, assignment or other leasehold interest.
As all the applicable percentage ratios (other than the profit ratio) in respect of the proposed annual caps under the Office Sharing Agreement are more than 0.1% but less than 5%, the transactions contemplated under the Office Sharing Agreement are exempt from the circular (including independent financial advice) and independent shareholders’ approval requirements, and are only subject to the annual review, reporting and announcement requirements.

More Definitions of Office Sharing

Office Sharing has the meaning set forth in Section 7.2(c).

Office Sharing means the use of portions of the Premises (including use of the Tenant’s receptionist and conference rooms), without separate demising of walls by Tenant’s consultants, strategic partners, clients, advisors, other professionals, or other third parties who have an ongoing professional or business relationship with Tenant (the “Shared Users”). Tenant agrees to notify Landlord, promptly upon Landlord’s written request therefor, as to the approximate amount and the identity of the Shared Users. Each such Shared User shall be deemed an invitee of Tenant, and in no event shall the use or occupancy of any portion of the Premises by any Shared User be deemed to create a landlord/tenant relationship between Landlord and any Shared User or be deemed to vest in any Shared User any right or interest in this Lease, and Shared Users shall have no recourse directly against Landlord for any failure by Landlord to perform any of its obligations under this Lease. In no event shall Landlord be required to send any notices to any Shared User.

Office Sharing means the use of portions of the Premises, without separate demising of walls (nor shall any Shared User(s) be permitted to maintain a separate reception area in the Premises), by occupants that have an on-going business relationship with Tenant such as current clients, vendors and contractors of Tenant (the “Shared User(s)”) pursuant to a written license or other written occupancy agreement. Notwithstanding the foregoing, Tenant shall not have the right to engage in Office Sharing with any entity (i) if the proposed Shared User is engaged in a business, or if it would result in the Premises being used in a manner, that is inconsistent with character of the Building as a first-class office and laboratory project; or (ii) the proposed use of the Premises is not in compliance with the Permitted Use; or (iii) any entity that would result in a material increase in traffic in the common areas of the Project over the amount of such traffic that would be generated if Tenant itself occupied such portion of the Premises. For purposes of this Lease, the acts or omissions of the employees or other personnel of persons or entities engaged in Office Sharing shall be deemed to be the acts or omissions (as applicable) of Tenant’s employees. However, any Office Sharing which would result in an aggregate amount of space which is greater than ten percent (10%) of the rentable square feet of the Premises to be subject to Office Sharing, shall require Landlord’s prior written consent and shall be deemed a Transfer under this Article 15 (unless otherwise deemed to not be a Transfer pursuant to the express terms of Subsection (g) of this Lease above).

Office Sharing means the use of portions of the Sublet Premises, not to exceed ten (10%) of the rentable areas of the Sublet Premises in the aggregate, by Office Share Occupants, if such use is in connection with services being provided to BroadSoft by the applicable Office Share Occupants, the services being provided to the applicable Office Share Occupants by BroadSoft, or the services being jointly provided by BroadSoft and the applicable Office Share Occupants to third parties. Prior to allowing an Office Sharing by any Office Share Occupant, BroadSoft shall notify MIASI, which notice shall identify the Office Share Occupant and the approximate amount of Office Sharing by such Office Share Occupant. Notwithstanding the foregoing, BroadSoft shall not have the right to engage in Office Sharing with respect to any particular Office Share Occupants as aforesaid if such Office Share Occupants are Prohibited Users or are engaged in a business, or the Sublet Premises will be used in a manner, that is inconsistent with the use permitted under the Lease or this Sublease. For purposes of this Sublease, the acts or omissions of the employees or other personnel of Office Share Occupants shall be deemed to be the acts or omissions (as applicable) of BroadSoft’s employees.

Office Sharing means the use of portions of the Premises by Affiliates and/or Clients and Business Partners, if, with respect to such Clients and Business Partners, such use is in connection with the services being provided to Tenant by the applicable Clients and Business Partners, the services being provided to the applicable Clients and Business Partners by Tenant, or the services being jointly provided by Tenant and the applicable Clients and Business Partners; provided, however, that no Affiliates, Clients and Business Partners shall be deemed to be engaging in Office Sharing if such Affiliates, Clients and Business Partners enter into a sublease with Tenant or has any written leasehold interest in the Premises or any portion thereof, Tenant agrees to notify Landlord, promptly upon Landlord’s written request therefor, as to the approximate amount of Office Sharing by Affiliates, Clients and Business Partners and to certify to Landlord that such use or occupancy constitutes Office Sharing by Affiliates, Clients and Business Partners and does not constitute a sublease, assignment or other leasehold interest. Notwithstanding the foregoing, Tenant shall not have the right to engage in Office Sharing with respect to any particular Affiliates, Clients and Business Partners as aforesaid if such Affiliates, Clients, and Business Partners are engaged in a business, or the Premises will be used in a manner, that is inconsistent with the primary use set forth in Article VI. For purposes of this Lease, including, without limitation, ▇▇▇▇▇▇’s indemnification obligations hereunder, the acts or omissions of the employees or other personnel of Affiliates, Clients and Business Partners shall be deemed to be the acts or omission (as applicable) of Tenant’s employees. Under no circumstances shall any Clients and Business Partners have any right to exterior Building signage in connection with this Lease.