BIND AND BENEFIT THE SUCCESSORS AND ASSIGNS OF
THE PARTIES HERETO; PROVIDED, HOWEVER, THAT NO ASSIGNMENT, SUBLEASE OR OTHER
TRANSFER IN VIOLATION OF THE PROVISIONS OF ARTICLE 14 SHALL OPERATE TO VEST ANY
RIGHTS IN ANY PUTATIVE ASSIGNEE, SUBTENANT OR TRANSFEREE OF TENANT.
25.27
DEVELOPMENT OF THE BUILDING COMPLEX.
25.27.1
SUBDIVISION.
TENANT ACKNOWLEDGES THAT THE BUILDING COMPLEX IS
COMPRISED OF SEPARATE LEGAL LOTS.
LANDLORD RESERVES THE RIGHT TO FURTHER
SUBDIVIDE OR SELL ALL OR A PORTION OF THE BUILDINGS AND COMMON AREAS IN THE
BUILDING COMPLEX.
TENANT AGREES TO EXECUTE AND DELIVER, UPON DEMAND BY LANDLORD
AND IN THE FORM REQUESTED BY LANDLORD, ANY ADDITIONAL DOCUMENTS NEEDED TO
CONFORM THIS LEASE TO THE CIRCUMSTANCES RESULTING FROM SUCH A SUBDIVISION OR
SALE AND ANY ALL ANCILLARY TRANSACTIONS IN CONNECTION THEREWITH.
25.27.2
OTHER IMPROVEMENTS.
IF PORTIONS OF THE BUILDING COMPLEX OR PROPERTY
ADJACENT TO THE BUILDING COMPLEX (COLLECTIVELY, THE "OTHER IMPROVEMENTS") ARE
OWNED BY AN ENTITY OTHER THAN LANDLORD, LANDLORD, AT ITS OPTION, MAY ENTER INTO
AN AGREEMENT WITH THE OWNER OR OWNERS OF ANY OF THE OTHER IMPROVEMENTS TO
PROVIDE (I) FOR RECIPROCAL RIGHTS OF ACCESS, USE AND/OR ENJOYMENT OF THE
BUILDING COMPLEX AND THE OTHER IMPROVEMENTS, (II) FOR THE COMMON MANAGEMENT,
OPERATION, MAINTENANCE, IMPROVEMENT AND/OR REPAIR OF ALL OR ANY PORTION OF THE
BUILDING COMPLEX AND ALL OR ANY PORTION OF THE OTHER IMPROVEMENTS, (III) FOR THE
ALLOCATION OF A PORTION OF THE PROJECT EXPENSES TO THE OTHER IMPROVEMENTS AND
THE ALLOCATION OF A PORTION OF THE OPERATING EXPENSES AND TAXES FOR THE OTHER
IMPROVEMENTS TO THE BUILDING COMPLEX, (IV) FOR THE USE OR IMPROVEMENT OF THE
OTHER IMPROVEMENTS AND/OR THE BUILDING COMPLEX IN CONNECTION WITH THE
IMPROVEMENT, CONSTRUCTION, AND/OR EXCAVATION OF THE OTHER IMPROVEMENTS AND/OR
THE BUILDING COMPLEX, AND (V) FOR ANY OTHER MATTER WHICH LANDLORD DEEMS
NECESSARY.
NOTHING CONTAINED HEREIN SHALL BE DEEMED OR CONSTRUED TO LIMIT OR
OTHERWISE AFFECT LANDLORD'S RIGHT TO SELL ALL OR ANY PORTION OF THE BUILDING
COMPLEX OR ANY OTHER OF LANDLORD'S RIGHTS DESCRIBED IN THIS LEASE.
25.27.3
LANDLORD RENOVATIONS.
IT IS SPECIFICALLY UNDERSTOOD AND AGREED THAT
LANDLORD HAS MADE NO REPRESENTATION OR WARRANTY TO TENANT AND HAS NO OBLIGATION
TO ALTER, REMODEL, IMPROVE, RENOVATE, REPAIR OR DECORATE THE PREMISES, BUILDING,
BUILDING COMPLEX OR ANY PART THEREOF, OR TO ADD ANY ADDITIONAL PHASES OR OFFICE
BUILDINGS TO THE BUILDING COMPLEX, AND THAT NO REPRESENTATIONS RESPECTING THE
CONDITION OF THE PREMISES OR THE BUILDING COMPLEX HAVE BEEN MADE BY LANDLORD TO
TENANT EXCEPT AS SPECIFICALLY SET FORTH HEREIN OR IN THE TENANT WORK LETTER.
HOWEVER, TENANT ACKNOWLEDGES THAT LANDLORD MAY DURING THE LEASE TERM RENOVATE,
IMPROVE, ALTER, OR MODIFY (COLLECTIVELY, THE "RENOVATIONS") THE BUILDING,
PREMISES, AND/OR REAL
33
PROPERTY, INCLUDING WITHOUT LIMITATION THE BUILDING COMPLEX PARKING AREA, COMMON
AREAS, SYSTEMS AND EQUIPMENT, ROOF, AND STRUCTURAL PORTIONS OF THE SAME, WHICH
RENOVATIONS MAY INCLUDE, WITHOUT LIMITATION, (I) MODIFYING THE DRIVEWAYS AND
OTHER COMMON AREAS AND TENANT SPACES TO COMPLY WITH APPLICABLE LAWS AND
REGULATIONS, INCLUDING REGULATIONS RELATING TO THE PHYSICALLY DISABLED, SEISMIC
CONDITIONS, AND