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Build-TO-Suit Lease

 

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Title:

Build-TO-Suit Lease

Entities:

Saxon Capital Inc

Date:

2005

Size:

203KB total

Price:

$66

ID:

#1544840

 

 

► Leasing ► Miscellany ► Build-to-Suit Lease Agreements

 

 

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HIGHWOODS REALTY LIMITED PARTNERSHIP


SCI SERVICES, INC.

BUILD-TO-SUIT LEASE


 





TABLE OF CONTENTS



Section 1: Basic Definitions and Provisions
 
1.1
Base Building
 
1.2
Building
 
1.3
Commencement Date
 
1.4
Common Areas
 
1.5
Delivery Date(s)
 
1.6
Land
 
1.7
Premises
 
1.8
Project
 
1.9
Project Architect
 
1.10
Project Plans and Project Outline Specifications
 
1.11
Project Schedule
 
1.12
Rent Comments Data
 
1.13
Space Plans
 
1.14
Substantial Completion or Substantially Complete
Section 2. Leased Premises
 
a.
Lease of the Premises
 
b.
Rentable Square Foot Determination
 
c.
Common Areas
Section 3: Construction: Space Plan
 
a.
Construction of the Project
 
b.
Completion Dates; Delayed Completion
 
c.
Condition Precedent
Section 4: Term
 
a.
Initial Term
 
b.
Option to Renew
 
c.
Landlord Assignment Rights
Section 5: Use
 
a.
Permitted Use
 
b.
Prohibited Uses
 
c.
Prohibited Equipment in Premises
Section 6: Rent
 
a.
Payment Obligations
 
b.
Base Rent
 
c.
Additional Rent
Section 7: Security Deposit
 
a.
Security Deposit
 
b.
Letter of Credit
Section 8: Services by Landlord
 
a.
Base Services
 
b.
Landlord's Maintenance
 
c.
No Abatement
 
d.
Tenant's Obligation to Report Defects
 
e.
Limitation on Landlord's Liability
 
f.
Tenants Self-Help Rights
Section 9: Tenants Acceptance and Maintenance of Premises
 
a.
Acceptance of Premises
 
b.
Tenants Maintenance
 
c.
Alterations to Premises
 
d.
Restoration of Premises
 
e.
Landlord's Performance of Tenant's Obligations
 
f.
Construction Liens
Section 10: Property of Tenant
 
a.
Property Taxes
 
b.
Removal
Section 11: Signs
Section 12: Access to Premises
 
a.
Tenant's Access
 
b.
Landlord's Access
 
c.
Emergency Access
Section 13: Tenants Compliance
 
a.
Laws
 
b.
Rules and Regulations
Section 14: ADA Compliance
 
a.
Tenant's Compliance
 
b.
Landlord's Compliance
 
c.
ADA Notices
Section 15: Insurance Requirements
 
a.
Tenant's Liability Insurance
 
b.
Tenant's Property Insurance
 
c.
Certificates of Insurance
 
d.
Insurance Policy Requirements
 
e.
Landlord's Property Insurance
 
f.
Landlords Liability Insurance
 
g.
Mutual Waiver of Subrogation
Section 16: Indemnity
a. Tenants Indemnity
b.Defense Obligation
c.Landlords Indemnity
d.Defense Obligation
Section 17: Quiet Enjoyment
Section 18: Subordination; Attornment; Non-Disturbance; and Estoppel Certificate
a. Subordination and Attornment
b. Non-Disturbance
c. Estoppel Certificates
Section 19: Assignment - Sublease
a. Landlord Consent
b. Definition of Assignment
c. Permitted Assignments/Subleases
d. Notice to Landlord
e. Prohibited Assignments/Subleases
f. Limitation on Rights of Assignee/Sublessee
g. Tenant Not Released
h. Landlord's Right to Collect Sublease Rents Upon Tenant Default
i. Excess Rents
j. Landlord's Fees
k. Unauthorized Assignment or Sublease
Section 20: Damages to Premises
a. Landlord's Restoration Obligations
b. Termination of Lease by Landlord
c. Termination of Lease by Tenant
d. Rent Abatement
e. Waiver of Claims
f. Highwoods II Casualty
Section 21: Eminent Domain
a. Effect on Lease
b.Right to Condemnation Award
c.Highwoods II Taking
Section 22: Environmental Compliance
a. Environmental Laws
b. Tenant's Responsibility
c. Tenant's Liability
d. Limitation on Tenant's Liability
e. Inspections by Landlord
f. Landlord's Liability
g. Property
h. Tenant's Liability after Termination of Lease
Section 23: Default
a. Tenant's Default
b. Landlord's Remedies
c. Attorneys Fees/Costs
d. Remedies Cumulative
e. No Accord and Satisfaction
f. No Reinstatement
g. Unlawful Detainer
Section 24: Landlord Default
Section 25: Bankruptcy
a. Trustee's Rights
b. Adequate Assurance
c.Assumption of Lease Obligations
Section 26: Notices
 
a.
Addresses
 
b.
Form; Delivery; Receipt
 
c.
Address Changes
 
d.
Notice by Legal Counsel
 
e.
Notice During Construction Period
 
f.
Rent Payment Address
Section 27: Holding Over
Section 28: Rooftopp Licenseight to Relocate
 
a.
Grant
 
b.
Gran Non-Exclusive
 
c.
Term
 
d.
Use
 
e.
Termination
 
f.
Rent
 
g.
Equipment
 
h.
Equipment Installation
 
i.
Tenants Covenants
 
j.
Utility Service
 
k.
Acces
 
l.
Relocation
 
m.
Removal
 
n.
Assignment - Sublicense
Section 29: Brokers Commissions
 
a.
Broker
 
b.
Landlord's Obligation
 
c.
Indemnity
Section 30: Miscellaneous
 
a.
No Agency
 
b.
Force Majeure
 
c.
Limitation on Damages
 
d.
Satisfaction of Judgments Against Landlord
 
e.
Interest
 
f.
Legal Costs
 
g.
Sale of Premises or Building
 
h.
Time of the Essence
 
i.
Transfer of Security Deposit
 
j.
Tender of Premises
 
k.
Tenants Financial Statements
 
l.
Recordation
 
m.
Partial Invalidity
 
n.
Binding Effect

 

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