Common use of Alterations and Trade Fixtures Clause in Contracts

Alterations and Trade Fixtures. Licensee shall have the right, at its own cost and expense, to make alterations, additions, installations and changes (hereinafter collectively called “Alterations”) in, on and to the Premises as it shall deem expedient or necessary for its business purposes, however to the extent that such Alterations shall impair the structural integrity of the Building, or cause a material interruption in facility/building systems or the use of Common Areas, Licensee must first obtain Licensor’s written consent thereto, Licensor agreeing that it will not unreasonably withhold or delay such consent. All such work shall be done in a good and workmanlike manner and in accordance with all applicable laws. Licensee may remove any or all Alterations and any signage from the Premises at any time prior to the expiration of the Term, provided that any damage caused by such removal shall be repaired by Licensee. Licensee shall remove, prior to expiration of the Term, all such Alterations which required Licensor’s prior consent and which consent was granted upon the condition that such Alterations be so removed. Alterations not so removed shall become the property of Licensor upon Licensee’s surrender of the Premises. Prior to the commencement of any work on any Alterations approved by Licensor, Licensee shall supply Licensor with satisfactory evidence of the following items: (a) the procurement of all necessary licenses, permits and approvals from the various governmental departments having jurisdiction over the Premises, and (b) worker’s compensation insurance, public liability insurance and property damage insurance in amounts, form and content, and with companies reasonably satisfactory to Licensor.

Appears in 2 contracts

Samples: Pottsville Site Sharing and Services Agreement (AdvanSix Inc.), Pottsville Site Sharing and Services Agreement (AdvanSix Inc.)

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Alterations and Trade Fixtures. Licensee shall have the right, at its own cost and expense, to make alterations, additions, installations and changes (hereinafter collectively called “Alterations”) in, on and to the Premises as it shall deem expedient or necessary for its business purposes, however to the extent that such Alterations shall impair the structural integrity of the Building, Building or cause a material interruption in facility/building systems or the use of Common Areas,, Licensee must first obtain Licensor’s written consent thereto, Licensor agreeing that it will not unreasonably withhold or delay such consent. All such work shall be done in a good and workmanlike manner and in accordance with all applicable laws. Licensee may remove any or all Alterations and any signage from the Premises at any time prior to the expiration of the Term, provided that any damage caused by such removal shall be repaired by Licensee. Licensee shall remove, prior to expiration of the Term, all such Alterations which required Licensor’s prior consent and which consent was granted upon the condition that such Alterations be so removed. Alterations not so removed shall become the property of Licensor upon Licensee’s surrender of the Premises. Prior to the commencement of any work on any Alterations approved by Licensor, Licensee shall supply Licensor with satisfactory evidence of the following items: (a) the procurement of all necessary licenses, permits and approvals from the various governmental departments having jurisdiction over the Premises, and (b) worker’s compensation insurance, public liability insurance and property damage insurance in amounts, form and content, and with companies reasonably satisfactory to Licensor.

Appears in 2 contracts

Samples: Chesterfield Site Sharing and Services Agreement (AdvanSix Inc.), Chesterfield Site Sharing and Services Agreement (AdvanSix Inc.)

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Alterations and Trade Fixtures. Licensee shall have the right, at its own cost and expense, to make alterations, additions, installations and changes (hereinafter collectively called “Alterations”) in, on and to the Premises as it shall deem expedient or necessary for its business purposes, however to the extent that such Alterations shall impair the structural integrity of the Building, Building or cause a material interruption in facility/building systems or the use of Common Areas, Licensee must first obtain Licensor’s written consent thereto, Licensor agreeing that it will not unreasonably withhold or delay such consent. All such work shall be done in a good and workmanlike manner and in accordance with all applicable laws. Licensee may remove any or all Alterations and any signage from the Premises at any time prior to the expiration of the Term, provided that any damage caused by such removal shall be repaired by Licensee. Licensee shall remove, prior to expiration of the Term, all such Alterations which required Licensor’s prior consent and which consent was granted upon the condition that such Alterations be so removed. Alterations not so removed shall become the property of Licensor upon Licensee’s surrender of the Premises. Prior to the commencement of any work on any Alterations approved by Licensor, Licensee shall supply Licensor with satisfactory evidence of the following items: (a) the procurement of all necessary licenses, permits and approvals from the various governmental departments having jurisdiction over the Premises, and (b) worker’s compensation insurance, public liability insurance and property damage insurance in amounts, form and content, and with companies reasonably satisfactory to Licensor.

Appears in 2 contracts

Samples: Sharing and Services Agreement (AdvanSix Inc.), Sharing and Services Agreement (AdvanSix Inc.)

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