Common use of Project or Building Name and Signage Clause in Contracts

Project or Building Name and Signage. Landlord and Tenant agree that if Tenant leases on a direct basis (i.e., not including any space leased by Tenant pursuant to a sublease) at least two-thirds (2/3) of any space then constructed for lease at the Project, the name of the Project shall be "Peregrine Systems Corporate Center." However, if at any time (after the Lease Commencement Date for Building 1) Tenant fails to lease on a direct basis at least two-thirds (2/3) of such space, Landlord shall have the right, at Landlord's sole cost and expense, to change the name of the Project to "Carmel Center", whether or not Tenant subsequently meets the leasing requirement specified above. Except as provided in this Section 29.20 above, Landlord shall not have the right at any time to change the name of the Project or Building without first obtaining Tenant's written consent. Except for signs identifying the Project or the owner or manager of the Project, Landlord shall not install, affix and maintain any signs on the exterior or on the interior of the Building, except as expressly contemplated by this Lease and/or may be required by law.

Project or Building Name and Signage. Landlord and Tenant agree that if Tenant leases on a direct basis (i.e., not including any space leased by Tenant pursuant to a sublease) at least two-thirds (2/3) of any space then constructed for lease at the Project, the name of the Project shall be "Peregrine Systems Corporate Center." However, if at any time (after the Lease Commencement Date for Building 1) Tenant fails to lease on a direct basis at least two-thirds (2/3) of such space, Landlord shall have the right, at Landlord's sole cost and expense, to change the name of the Project to "Carmel Center", whether or not Tenant subsequently meets the leasing requirement specified above. Except as provided in this Section 29.20 above, Landlord shall not have the right at any time to change the name of the Project or Building without first obtaining Tenant's written consent. Except for signs identifying the Project or the owner or manager of the Project, Landlord shall not install, affix and maintain any signs on the exterior or PEREGRINE SYSTEMS CORPORATE CENTER [Peregrine Systems] on the interior of the Building, except as expressly contemplated by this Lease and/or may be required by law.

Project or Building Name and Signage. Landlord and Tenant agree that if Tenant leases on a direct basis (i.e., not including any space leased by Tenant pursuant to a sublease) at least two-thirds (2/3) of any space then constructed for lease at the Project, the name of the Project shall be "Peregrine Systems Corporate Center." However, if at any time (after the Lease Commencement Date for Building 1) Tenant fails to lease on a direct basis at least two-thirds (2/3) of such space, Landlord shall have the right, at Landlord's sole cost and expense, to change the name of the Project to "Carmel Center", whether or not Tenant subsequently meets the leasing requirement specified above. Except as provided in this Section 29.20 above, Landlord shall not have the right at any time to change the name of the Project or Building without first obtaining Tenant's written consent. Except for signs identifying the Project or the owner or manager of the Project, Landlord shall not install, affix and maintain any signs on the exterior or on the interior of the Building, except as expressly contemplated by this Lease and/or may be required by law.. PEREGRINE SYSTEMS CORPORATE CENTER [Peregrine Systems]