Law.com Subscribers SAVE 30%

Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.

Exhibits: Details and Timing

By Steven J. Roberts
July 02, 2014

The first part of this article discussed the purpose of, need for and some of the items included in, the exhibits to a lease. The conclusion herein addresses finalizing the lease and the exhibits.

Mesh the Lease with the Exhibits

Once you have the construction exhibit input (including permitting and governmental approval processes), you need to review the lease and make sure the exhibit and the lease document mesh for purposes of concepts, timing, and definitions. Depending on the input received and the timing of that input, you may not be able to coordinate the lease with the exhibit when the first draft goes out, but try to “mesh” the two documents as soon as possible, taking into consideration the timing of comments from the other side and responsibilities for redrafting the lease document. Efficiency in the hours spent is always a consideration but sometimes it pays to undertake constant review and updating to “mesh” the lease with the exhibits. Last, always attempt to get a “sign-off” on the construction exhibit from your client's construction group prior to execution of the lease.

This premium content is locked for Entertainment Law & Finance subscribers only

  • Stay current on the latest information, rulings, regulations, and trends
  • Includes practical, must-have information on copyrights, royalties, AI, and more
  • Tap into expert guidance from top entertainment lawyers and experts

For enterprise-wide or corporate acess, please contact Customer Service at [email protected] or 877-256-2473

Read These Next
Major Differences In UK, U.S. Copyright Laws Image

This article highlights how copyright law in the United Kingdom differs from U.S. copyright law, and points out differences that may be crucial to entertainment and media businesses familiar with U.S law that are interested in operating in the United Kingdom or under UK law. The article also briefly addresses contrasts in UK and U.S. trademark law.

Strategy vs. Tactics: Two Sides of a Difficult Coin Image

With each successive large-scale cyber attack, it is slowly becoming clear that ransomware attacks are targeting the critical infrastructure of the most powerful country on the planet. Understanding the strategy, and tactics of our opponents, as well as the strategy and the tactics we implement as a response are vital to victory.

The Article 8 Opt In Image

The Article 8 opt-in election adds an additional layer of complexity to the already labyrinthine rules governing perfection of security interests under the UCC. A lender that is unaware of the nuances created by the opt in (may find its security interest vulnerable to being primed by another party that has taken steps to perfect in a superior manner under the circumstances.

Removing Restrictive Covenants In New York Image

In Rockwell v. Despart, the New York Supreme Court, Third Department, recently revisited a recurring question: When may a landowner seek judicial removal of a covenant restricting use of her land?

Fresh Filings Image

Notable recent court filings in entertainment law.