Office Units definition
Examples of Office Units in a sentence
Subject to the terms, conditions, restrictions and limitations elsewhere contained in this Lease, Landlord shall indemnify Tenant and save Tenant harmless from and against any and all liability, actual damages (not consequential damages), costs or expenses, including reasonable attorneys’ fees, to third parties arising from the negligence of Landlord or its officers, contractors, agents or employees in or about the FC Office Units (other than the Premises).
A Lease Option Notice shall not be effective to exercise the Lease Option unless such Lease Option Notice shall identify the applicable Office Unit(s) with respect to which Optionee is exercising the Lease Option (the “Lease Option Exercise Space”).
The Condominium Regime shall contain one or more Residential Units, one or more Parking Units, one or more Office Units, one or more Commercial Units, one or more Public Units and a Surf Park Unit.
In the event any material part of the Project shall have been taken in condemnation proceedings, then at Purchaser's option, Purchaser may either (i) terminate this Agreement, or (ii) elect to purchase the Property, but the Purchase Price shall be reduced by the Office Unit's undivided common element percentage interest of the amount of the award and the balance of the award shall be retained by Seller.
Upon request or demand of Mortgagee after the occurrence and during the continuance of an Event of Default, Mortgagor shall, at its expense, assemble the Collateral and make it available to Mortgagee at a convenient place (at the Office Units if tangible property) reasonably acceptable to Mortgagee.
Utilities costs for General Common Elements that do not serve the Office Units exclusively will be allocated among the Unit Owners in accordance with their Common Interest Percentage.
Cleaning costs for General Common Elements that do not serve the Office Units exclusively will be allocated among the Unit Owners in accordance with their Common Interest Percentage.
In the event of a condemnation in which less than a material part of the Project shall have been taken the Purchase Price shall be reduced by the Office Unit's undivided common element percentage interest of the amount of the condemnation award retained by Seller.
Cleaning costs for General Common Elements that serve the Office Units exclusively will be allocated by Office Unit Proportionate Share, subject to Section 6.1(g) of the By-Laws.
Costs allocated by “Legacy Total Costs” (i.e., legal costs of outside counsel to the Third Party Lender) will be allocated based on the total overall percentage of Project Costs allocated to the Coach Unit, the Additional Office Units, the Retail Unit and the Parking Unit.