FF&E AGREEMENT Sample Clauses

An FF&E Agreement is a contract that outlines the terms and conditions for the purchase, delivery, and installation of furniture, fixtures, and equipment (FF&E) in a property or project. This clause typically specifies the types of items included, the responsibilities of each party regarding procurement and installation, and the timeline for completion. For example, it may detail who selects the furniture, how costs are allocated, and what happens if items are delayed or defective. The core function of this clause is to ensure that all parties have a clear understanding of their obligations related to FF&E, thereby minimizing disputes and ensuring the timely and proper outfitting of the property.
FF&E AGREEMENT. Any default in payment by Sublessee within five (5) business days of written demand therefor by Sublessor under the FF&E Agreement shall constitute a default under this Sublease.