First Class Buildings

First Class Buildings. The following office buildings located in the "Central Business District of Downtown Los Angeles, California" (as defined below): 555 West Fifth Street, 725, 777, 801 and 865 South Figueroa Street, 444 South Flower Street, 333 and 550 South Hope Street, 300, 333 and 350 South Grand Avenue. Provided, however, where the term First Class Building is used to reference the standard that Landlord must meet in performing obligations under this Lease, in no event shall such reference require that... Landlord upgrade, improve or otherwise alter the Base Building or the Building Systems of the Building (through use of material capital expenditures) to a level higher than the level of maintenance, replacement and repair standards followed by prudent owner's of First Class Building, given the original age, capacity, design and quality of the Building and Building Systems. Notwithstanding the foregoing, Landlord shall, subject to Section 10.2 replace particular Building Systems (or ------------ components thereof) or components of the Base Building where needed consistent with the prudent industry practices of institutional owners of first class projects, in order to avoid (or rectify) material deteriorations of the proper performance of such systems or components. View More