Alteration and Improvements. Tenant will make no alterations in, or additions to, the Premises without first obtaining Landlord's written consent. All such alterations shall be made in accordance with all governmental laws, ordinances, rules and regulations. All erections, additions, fixtures, and improvements, (excluding, without limitation, telephone and telecommunication equipment and cabling) (collectively, the "alterations") whether temporary or permanent in character (except only movable office furniture and equipment of Tenant), made in or upon the Premises, either by Tenant or Landlord, shall be Landlord's property, and shall remain upon said Premises at the termination of the Term by lapse of time or otherwise, without compensation to Tenant. At Landlord's election, Tenant shall, at its sole expense, cause to be removed from the Premises at the end of the Term all such alterations, provided Landlord notifies Tenant of its duty to remove such alterations at the time of Landlord's consent. As a condition to granting consent to the making of such alteration or additions, Landlord may impose such requirements as Landlord may in its sole reasonable discretion deem reasonable or necessary including, by way of illustration and not limitation, requirements as to the manner in which or time at which such work is performed, the design of such alterations, the quality of materials and workmanship utilized in making such alterations, the selection of the contractor who shall perform the work required to complete such alterations, and the providing for all lien waivers and evidence of insurance with respect to each contractor employed by Tenant. If, in connection with the initial build-out of the Premises for Tenant or in connection with any subsequent alterations or additions to the Premises, Tenant uses a contractor other than Landlord or its affiliate, or an affiliate of PC Associates, then Landlord shall be paid a supervisory fee equal to five percent (5%) of the total of the construction contract with Tenant's third-party contractor or contractors. Said fee shall be due and payable as and when payments are made under Tenant's construction contract or contracts. Tenant shall pay, in addition to any sums due pursuant to Paragraph 3 herein, any increase in real estate taxes attributable to any such alteration for so long, during the Term, as such increase is ascertainable; at Landlord's election said sums shall be paid in the same way as sums due under Paragraph 3(b) herein.
Appears in 1 contract
Sources: Lease Agreement (Novient Inc)
Alteration and Improvements. Subject to Paragraph 46 of this Lease, Tenant will shall not make no or allow to be made any alterations in, or physical additions to, in or to or outside the Premises without first obtaining the written consent of Landlord, which consent shall not be unreasonably withheld or delayed. Any alterations, physical additions or improvements to the Premises made by Tenant (other than Tenant's written consent. All such alterations material handling systems, shelving and other trade fixtures) and which are permanent in nature shall at once become property of Landlord and shall be made in accordance with all governmental laws, ordinances, rules and regulations. All erections, additions, fixtures, and improvements, (excluding, without limitation, telephone and telecommunication equipment and cabling) (collectively, the "alterations") whether temporary or permanent in character (except only movable office furniture and equipment of Tenant), made in or surrendered to Landlord upon the Premises, either by Tenant or Landlord, shall be Landlord's property, and shall remain upon said Premises at the termination of the Term by lapse of time or otherwise, without compensation to Tenantthis Lease. At Landlord's election, Tenant shall, at its sole expense, cause option (and provided notice is given to be removed from the Premises at the end of the Term all such alterations, provided Landlord notifies Tenant of its duty to remove such alterations at the time of Landlord's consent. As a condition approval), to granting consent be exercised using reasonable discretion, may require Tenant to remove any physical additions and/or to repair any alterations in order to restore the Premises to the making condition existing at the time Tenant took possession (reasonable wear and tear excepted), all costs of such alteration or additions, Landlord may impose such requirements as Landlord may in its sole reasonable discretion deem reasonable or necessary including, by way of illustration and not limitation, requirements as removal and/or alterations to the manner in which or time at which such work is performed, the design of such alterations, the quality of materials and workmanship utilized in making such alterations, the selection of the contractor who shall perform the work required to complete such alterations, and the providing for all lien waivers and evidence of insurance with respect to each contractor employed be borne by Tenant. If, in connection with the initial build-out of the Premises for This clause shall not apply to moveable equipment or furniture and other trade fixtures owned by Tenant or in connection with any subsequent alterations or additions which may be removed by Tenant without material damage to the Premises. Notwithstanding the foregoing, Landlord hereby consents to the erection by Tenant uses of a contractor other than Landlord or its affiliate, or an affiliate of PC Associates, then Landlord shall be paid a supervisory fee equal to five percent (5%) security fence surrounding the truck court and rear portions of the total of the construction contract with Tenant's third-party contractor or contractors. Said fee shall be due and payable as and when payments are made under Tenant's construction contract or contracts. Tenant shall payPremises, in addition subject to any sums due pursuant to Paragraph 3 herein, any increase in real estate taxes attributable to any such alteration for so long, during the Term, as such increase is ascertainable; at Landlord's election said sums shall be paid reasonable review of plans therefor and any applicable restrictions set forth in the same way as sums due under Paragraph 3(b) hereintitle covenants affecting the property.
Appears in 1 contract
Sources: Lease Agreement (Drugstore Com Inc)
Alteration and Improvements. Tenant will shall not make no alterations inany additions, alterations, improvements or additions to, changes ("improvements") in or to the Demised Premises without first obtaining the prior written approval of Landlord's written consent, which approval shall not be unreasonably withheld. All In no event shall any consent be granted if Tenant is in default hereunder. Notwithstanding the foregoing, Tenant shall have the right to make improvements without Landlord’s consent where such alterations improvements: (i) are non-structural; (ii) do not affect the electrical, mechanical, plumbing, HVAC or other systems of the building containing the Demised Premises; and (iii) cost no more than One Hundred Thousand Dollars ($100,000) in any calendar year. Any improvements shall be made promptly and in accordance a good and workmanlike manner and in compliance with all insurance requirements and with all applicable permits, authorizations, building regulations, zoning laws and all other governmental lawsrules, regulations, ordinances, rules statutes and regulationslaws, now or hereafter in effect pertaining to the Demised Premises or Tenant's use thereof shall be performed in such manner as not to delay or impose any additional expense upon Landlord in construction, maintenance or operation of the building containing the Demised Premises. All erectionsThroughout the performance of improvements, additionsTenant, fixturesat its expense, shall carry, or cause to be carried, workers' compensation insurance in statutory limits, and improvements, (excluding, without limitation, telephone and telecommunication equipment and cabling) (collectively, the "alterations") whether temporary or permanent in character (except only movable office furniture and equipment of Tenant), made general liability insurance for any occurrence in or upon about the Demised Premises, either by Tenant or Landlord, of which Landlord and its managing agent shall be Landlordnamed as additional parties insured, in such limits as Landlord may reasonably prescribe. Tenant further covenants and agrees that any mechanic's propertylien filed against the Demised Premises for work claimed to have been done for, and shall remain upon said Premises at the termination of the Term or materials claimed to have been furnished to Tenant, will be discharged by lapse of time Tenant, by bond or otherwise, without compensation to Tenant. At Landlord's election, Tenant shallwithin ten (10) days after the filing thereof, at its sole expense, cause to be removed from the Premises at the end cost and expense of the Term all such alterations, provided Landlord notifies Tenant of its duty to remove such alterations at the time of Landlord's consent. As a condition to granting consent to the making of such alteration or additions, Landlord may impose such requirements as Landlord may in its sole reasonable discretion deem reasonable or necessary including, by way of illustration and not limitation, requirements as to the manner in which or time at which such work is performed, the design of such alterations, the quality of materials and workmanship utilized in making such alterations, the selection of the contractor who shall perform the work required to complete such alterations, and the providing for all lien waivers and evidence of insurance with respect to each contractor employed by Tenant. If, in connection with the initial build-out of the Premises for Tenant or in connection with any subsequent alterations or additions to the Premises, Tenant uses a contractor other than Landlord or its affiliate, or an affiliate of PC Associates, then Landlord shall be paid a supervisory fee equal to five percent (5%) of the total of the construction contract with Tenant's third-party contractor or contractors. Said fee shall be due and payable as and when payments are made under Tenant's construction contract or contracts. Tenant shall pay, in addition to any sums due pursuant to Paragraph 3 herein, any increase in real estate taxes attributable to any such alteration for so long, during the Term, as such increase is ascertainable; at Landlord's election said sums shall be paid in the same way as sums due under Paragraph 3(b) herein.
Appears in 1 contract
Sources: Lease Assignment and Amendment (Global Medical REIT Inc.)
Alteration and Improvements. Tenant will shall not make no alterations inany additions, alterations, improvements or additions to, changes (“improvements”) in or to the Demised Premises without first obtaining the prior written approval of Landlord's written consent, which approval shall not be unreasonably withheld. All In no event shall any consent be granted if Tenant is in default hereunder. Notwithstanding the foregoing, Tenant shall have the right to make improvements without Landlord’s consent where such alterations improvements; (i) are non-structural; (ii) do not affect the electrical, mechanical, plumbing, HVAC or other systems of the building containing the Demised Premises; and (iii) cost no more than One Hundred Thousand Dollars ($]00,000) in any calendar year. Any improvements shall be made promptly and in accordance a good and workmanlike manner and in compliance with all insurance requirements and with all applicable permits, authorizations, building regulations, zoning laws and all other governmental lawsrules, regulations, ordinances, rules statutes and regulationslaws, now or hereafter in effect pertaining to the Demised Premises or Tenant’s use thereof shall be performed in such manner as not to delay or impose any additional expense upon Landlord in construction, maintenance or operation of the building containing the Demised Premises. All erectionsThroughout the performance of improvements, additionsTenant, fixturesat its expense, shall carry, or cause to be carried, workers’ compensation insurance in statutory limits, and improvements, (excluding, without limitation, telephone and telecommunication equipment and cabling) (collectively, the "alterations") whether temporary or permanent in character (except only movable office furniture and equipment of Tenant), made general liability insurance for any occurrence in or upon about the Demised Premises, either by Tenant or Landlord, of which Landlord and its managing agent shall be Landlord's propertynamed as additional parties insured, in such limits as Landlord may reasonably prescribe. Tenant further covenants and shall remain upon said agrees that any mechanic’s lien filed against the Demised Premises at the termination of the Term for work claimed to have been done for, or materials claimed to have been furnished to Tenant, will be discharged by lapse of time Tenant, by bond or otherwise, without compensation to Tenant. At Landlord's election, Tenant shallwithin ten (10) days after the filing thereof, at its sole expense, cause to be removed from the Premises at the end cost and expense of the Term all such alterations, provided Landlord notifies Tenant of its duty to remove such alterations at the time of Landlord's consent. As a condition to granting consent to the making of such alteration or additions, Landlord may impose such requirements as Landlord may in its sole reasonable discretion deem reasonable or necessary including, by way of illustration and not limitation, requirements as to the manner in which or time at which such work is performed, the design of such alterations, the quality of materials and workmanship utilized in making such alterations, the selection of the contractor who shall perform the work required to complete such alterations, and the providing for all lien waivers and evidence of insurance with respect to each contractor employed by Tenant. If, in connection with the initial build-out of the Premises for Tenant or in connection with any subsequent alterations or additions to the Premises, Tenant uses a contractor other than Landlord or its affiliate, or an affiliate of PC Associates, then Landlord shall be paid a supervisory fee equal to five percent (5%) of the total of the construction contract with Tenant's third-party contractor or contractors. Said fee shall be due and payable as and when payments are made under Tenant's construction contract or contracts. Tenant shall pay, in addition to any sums due pursuant to Paragraph 3 herein, any increase in real estate taxes attributable to any such alteration for so long, during the Term, as such increase is ascertainable; at Landlord's election said sums shall be paid in the same way as sums due under Paragraph 3(b) herein.
Appears in 1 contract
Sources: Lease Assignment and Amendment (Global Medical REIT Inc.)