|
Owner stall have the right to charge the name, number or designation of the Building or the Property,
<br />without notice or liability to Te;aant. In addition, Tenant shall not, without Owner"s prior written
<br />consent, use the name of the Balding or the Property for any purpose other than as the address of
<br />the business to be conducted by Tenant in the Premises, and in no event shall Tenant acquire any
<br />rights in or to such name(s).
<br />Qaner shalt have the right at any time to change the arrangement aria/or location of entrances or
<br />passageways, doors and doorways, corridors, elevators, stairs, toilets, or other public parts of the
<br />Building, and Owner hereby reserves the right at any time to make alterations or additions to and to
<br />build additional stories on the Building and to building adjoining the same. Owner also reserves
<br />the right to construct other buildings or improvements in the vicinity of the 1killdinv from time to
<br />time, to make alterations thereof or additions thereto, and to build additional stories on any such
<br />building(s) and to build adjoining same. (leaner further reserves the exclusive right to the roof of
<br />the add i
<br />No easement for light, air or view is included in the leasing of the Premises to Tenant. Accord-
<br />ingly, any diminution or shastting off of light, air or view by any structure which may be erected on
<br />lands In the vicinity of the Building (regardless of whether or not such structure is on the Prop-
<br />erty) shall in no way affect this lease or impose any liability upon Owner.
<br />Ai CIZ 30. SIJBSZZ= PRRIMS.
<br />If the Premises contain an area of 2,500 square feet or less, Owner shall have the right at any tijPe
<br />during the term hereof, upon giving Tenant not less than 30 days" notice in writing, to provide and
<br />furnish Tenant with reasonably comparable space elsewhere on the Property of approximately the same
<br />size as the Premises, and to remove and place Tenant in such space. Should Tenant refuse to permit
<br />Owner to move Tenant to such new space at the end of said 30-day period, Oaner shall have the right
<br />to terminate this lease, effective 50 days from the date of original modification by Owner. If
<br />Owner moves Tenant to such new space, (i) Owner shall pay all reasonable moving expenses of Tenant
<br />which are directly attributable to such substitution of Premises, (ii) this lease and all of its
<br />terms, covenants and conditions shall remain in full force and effect, and shalt be deemed applica-
<br />ble to such new space, except that a revised Exhibit "A" shall became part of this lease and shall
<br />reflect the location of the new space, (III) the Basic lease Provisions shall be amended to include
<br />and state all correct data as to the new space, aria (iv) such new space shall thereafter be deemed
<br />to be the "Premises".
<br />owner and Tenant hereby waive their rights (and, to the extent permitted by law, the subrogation
<br />rights of their respective insurer(s) against each other mad any other tenant of space on the prop-
<br />erty (as well as the of€icers, employees, agents, authorized representatives, and invitees of see)
<br />with respect to any elaitrtc (including, but not limited to, claims for injury to any person(s),
<br />and/or damage to the Premises or any part of the Property, and/or any fixtures, equipment, personal
<br />property, furniture, improvements and/or alterations in or to the Premises or the Property) which
<br />are caused by or result from risks insured against under any valid and collectible insurance corr-
<br />tract or policy carried by owner or Tenant (whichever the case may be) and in force at the time or
<br />any such injury and/or damage. However, the above waiver shall apply only to the extent that such
<br />claim is covered by such insurance contracts or policies. Tenant shall obtain (for Owner), from its
<br />insurer(s) under each policy required to be obtained under Section 45A and 45B hereof (i.e., liabil-
<br />MAR 1988
<br />-17-
<br />
|