Common use of Improvements and Alterations Clause in Contracts

Improvements and Alterations. Tenant shall not make or allow to be ---------------------------- made (except as otherwise provided in this Lease) any improvements, alterations or physical additions (including fixtures) in or to the Premises or the Project in excess of $50,000 for any one alteration, addition or improvement or which affect any structural or building system components of the Premises or Project (mechanical, electrical or plumbing) or which under applicable laws require a building, electrical, plumbing or other permit, without first obtaining the written consent of Landlord, including Landlord's written approval of Tenant's contractor(s) and of the plans, working drawings and specifications relating thereto except as set forth in Exhibit E. Approval by Landlord of any of Tenant's drawings and plans and specifications prepared in connection with any alterations, improvements, modifications or additions to the Premises or the Project shall not constitute a representation or warranty of Landlord as to the adequacy or sufficiency of such drawings, plans and specifications, or alterations, improvements, modifications or additions to which they relate, for any use, purpose or conditions, but such approval shall merely be the consent of Landlord as required hereunder. Except as otherwise expressly provided in Exhibit E attached hereto, any and all furnishing, equipping and improving of or --------- other alteration and addition to the Premises shall be: (i) made at Tenant's sole cost, risk and expense, and in the case of alterations, improvements or additions requiring a permit by Tenant and if it is necessary for Landlord to employ a third party consultant to review Tenant's plans and specifications, then Tenant shall reimburse Landlord for Landlord's actual reasonable costs incurred in connection with such consultant; (ii) performed in a prompt, good and workmanlike manner with labor and materials of such quality as the initial tenant improvements; (iii) constructed in accordance with all plans and specifications approved in writing by Landlord, which approval shall not be unreasonably withheld, delayed, or conditioned prior to the commencement of any such work only if such work is in excess of $50,000 (as described hereinabove); (iv) prosecuted diligently and continuously to completion so as to minimize interference with the normal business operations of other tenants in the Building; and (v) performed by contractors approved in writing by Landlord which approval shall not be unreasonable withheld, delayed or conditioned. Landlord and Tenant will mutually agree to a list of contractors or subcontractors who may be employed by Tenant for any such work at the time the proposed work is to be completed. Tenant shall have no (and hereby waives all) rights to payment or compensation for any such item. Tenant shall notify Landlord upon completion of such alterations, improvements, modifications or additions and Landlord shall inspect same for workmanship and compliance with the approved plans and specifications. Tenant and its contractors shall comply with all reasonable requirements Landlord may impose on Tenant or its contractors with respect to such work (including but not limited to, insurance, indemnity and bonding requirements) only if modification is in excess of $50,000, and shall deliver to Landlord a complete copy of the "as-built" or final plans and specifications for all alterations or physical additions so made in or to the Premises within thirty (30) days of completing the work. Tenant shall not place safes, vaults, filing cabinets or systems, libraries or other heavy furniture or equipment within the Premises after the initial occupancy of the Premises without Landlord's prior written consent which consent shall not be unreasonably withheld, delayed or conditioned.

Appears in 1 contract

Samples: Lease Agreement (Wells Real Estate Investment Trust Inc)

AutoNDA by SimpleDocs

Improvements and Alterations. Tenant shall not make or allow to be ---------------------------- made (except as otherwise provided in this LeaseLease or in the Work Letter Agreement) any improvements, alterations or physical additions (including fixtures) in or to the Premises or the Project in excess of $50,000 for any one alteration, addition or improvement or which affect any structural or building system components of the Premises or Project Building (mechanical, electrical or plumbing"Alterations") or which under applicable laws require a building, electrical, plumbing or other permit, without first obtaining the prior written consent of Landlord, including Landlord's Landlord written approval of Tenant's contractor(s) and of the plans, working drawings and specifications relating thereto thereto; provided, however, Tenant may make non-structural Alterations to the Premises without Landlord's consent unless such Alteration involves the HVAC system, the electrical system or the telephone and telecommunication systems in the Building (except as set forth that Landlord's consent shall not be required for minor adjustments or additions to such systems which do not increase capacity or decrease efficiency or cause an increase in Exhibit E. our insurance rates or our liability under the National Electric Code), or is for Alterations costing in excess of $10,000.00 in the aggregate. Landlord agrees to notify Tenant of its approval or disapproval of such plans for Alterations within ten (10) business days of receipt of Tenant's plans. Any disapproval notice shall include Landlord's suggestions for changes to such plans. Approval by Landlord of any of Tenant's drawings and drawings, plans and specifications prepared in connection with any alterations, improvements, modifications or additions to the Premises or the Project Building which require Landlord's consent shall not constitute a representation or warranty of Landlord as to the adequacy or sufficiency of such drawings, plans and specifications, or alterations, improvements, modifications or additions to which they relate, for any use, purpose or conditionscondition, but such approval shall merely be the consent of Landlord as required hereunder. Except as otherwise expressly provided in Exhibit E attached heretothe Work Letter Agreement, any and all furnishing, equipping and improving of of, or --------- other alteration Alteration and addition to the Premises and/or the Building shall be: (i) made at Tenant's sole costrisk, risk cost and expense, and in the case of alterations, improvements or additions requiring a permit by Tenant and if it is necessary for Landlord to employ a third party consultant to review Tenant's plans and specifications, then Tenant shall reimburse Landlord for Landlord's actual reasonable costs incurred in connection with such consultant; (ii) performed in a prompt, good and workmanlike workman-like manner with labor and using materials of such similar quality as to materixxx xxxd in the initial tenant improvementsTenant Finish or otherwise existing in the Building; (iii) constructed in accordance with all plans and specifications approved in writing by Landlord, which approval shall not be unreasonably withheldif required, delayed, or conditioned prior to the commencement of any such work only if such work is in excess of $50,000 (as described hereinabove)work; (iv) prosecuted diligently and continuously to completion so as to minimize interference with the normal business operations performance of other tenants Landlord's obligations under this Lease or any mortgage or ground lease covering or affecting all or any part of the Building or the Land and any work being done by contractors engaged by Landlord with respect to or in connection with the Building; and (v) performed by contractors approved in writing by Landlord which approval shall not be unreasonable withheld, delayed or conditioned. Landlord and Tenant will mutually agree to a list of contractors or subcontractors who may be employed by Tenant for any such work at the time the proposed work is to be completed. Tenant shall have no (and hereby waives all) rights to payment or compensation for any such itemLandlord. Tenant shall notify Landlord upon completion of such alterations, improvements, modifications or additions and Landlord shall may inspect same for workmanship and compliance with the approved plans and specifications, if any. With respect to any Alteration which requires Landlord's consent hereunder, Tenant and its contractors contractor shall comply with all reasonable requirements Landlord may impose on Tenant or its contractors contractor with respect to such work (including including, but not limited to, insurance, indemnity and bonding requirements) only if modification is in excess of $50,000), and shall deliver to Landlord a complete copy of the "asAs-builtBuilt" or final plans and specifications for all alterations Alterations or physical additions so made in or to the Premises and/or the Building within thirty sixty (3060) days of after completing the work. Tenant shall not place safes, vaults, filing cabinets or and systems, libraries or other excessively heavy furniture or equipment within on the Premises after the initial occupancy second floor of the Premises Building without Landlord's prior written consent which consent shall not be unreasonably withheld, delayed or conditionedconsent.

Appears in 1 contract

Samples: Lease Agreement (NTS Realty Holdings Lp)

Improvements and Alterations. Tenant shall not make or allow to be ---------------------------- made (except as otherwise provided in this Lease) any improvements----------------------------- alterations, alterations additions or physical additions (including fixtures) in or improvements to the Premises or the Project in excess of $50,000 for any one alteration, addition or improvement or which affect any structural or building system components of the Premises or Project (mechanical, electrical or plumbing) or which under applicable laws require a building, electrical, plumbing or other permit, without first obtaining the written consent of Landlord, including Landlord's written approval of Tenant's contractor(s) and of the plans, working drawings and specifications relating thereto except as set forth in Exhibit E. Approval by Landlord of any of Tenant's drawings and plans and specifications prepared in connection with any . Any alterations, improvementsadditions, modifications or additions improvements made to the Premises or the Project shall not constitute a representation or warranty of Landlord as to the adequacy or sufficiency of such drawings, plans and specifications, or alterations, improvements, modifications or additions to which they relate, for any use, purpose or conditions, but such approval shall merely be the consent of Landlord as required hereunder. Except as otherwise expressly provided in Exhibit E attached hereto, any and all furnishing, equipping and improving of or --------- other alteration and addition to the Premises shall be: (i) made at Tenant's sole cost, risk and expense, and in the case of alterations, improvements or additions requiring a permit by Tenant and if it is necessary for Landlord to employ a third party consultant to review Tenant's plans and specifications, then Tenant shall reimburse Landlord for Landlord's actual reasonable costs incurred in connection with such consultant; (ii) performed in a prompt, good and workmanlike manner with labor and materials of such quality as the initial tenant improvements; (iii) constructed in accordance with all plans and specifications approved in writing by Landlord, which approval shall not be unreasonably withheld, delayed, or conditioned prior to the commencement of any such work only if such work is in excess of $50,000 (as described hereinabove); (iv) prosecuted diligently and continuously to completion so as to minimize interference with the normal business operations of other tenants in the Building; and (v) performed by contractors approved in writing by Landlord which approval shall not be unreasonable withheld, delayed or conditioned. Landlord and Tenant will mutually agree to a list of contractors or subcontractors who may be employed by Tenant for any such work at the time the proposed work is to be completed. Tenant shall have no (and hereby waives all) rights to payment or compensation for any such item. Tenant shall notify Landlord upon completion expense of such alterationsTenant, improvements, modifications or additions and Landlord shall inspect same for workmanship and compliance with the approved plans and specifications. Tenant and its contractors shall comply with all reasonable requirements Landlord may impose on Tenant or its contractors with respect to such work (including but not limited to, insurancewall covering, indemnity carpeting or other floor covering, paneling and bonding requirements) only if modification is built-in excess cabinets shall be deemed a part of $50,000, the real estate and the property of Landlord and shall deliver to Landlord a complete copy of the "as-built" or final plans and specifications for all alterations or physical additions so made in or to be surrendered with the Premises within unless Landlord, by notice given to Tenant no later than thirty (30) days prior to the end of completing the workTerm, shall elect to have Tenant remove such alterations, additions, or improvements. Tenant shall not place safes, vaults, filing cabinets or systems, libraries or other heavy furniture or equipment within thereupon accomplish such removal at its sole cost and repair any damage to the Premises after or the initial occupancy Building of which the Premises without may be a part caused by such removal. In the event that Landlord consents in writing to any alterations, additions, or improvements to the Premises by Tenant, they shall be made at the sole cost of Tenant by licensed contractors or workmen approved by Landlord. Tenant shall secure all appropriate governmental approvals and permits and shall complete such alterations with due diligence. Any consent or approval given by Landlord hereunder shall not give rise to rights to third parties to file mechanic's or materialman's liens, nor waive Landlord's prior written consent which consent shall not be unreasonably withheldprohibition against such liens, delayed or conditionednor -4- GROSS LEASE (NEW JERSEY) in any manner abrogate that Section of this Lease requiring Tenant to keep Premises free of liens.

Appears in 1 contract

Samples: NRT Inc

Improvements and Alterations. During the Term of this Lease, Tenant shall not at all times and without Landlord’s prior consent have the sole and exclusive right to make any interior, non‑structural, non-MEP (mechanical, electrical, plumbing) alterations (decorative or allow to be ---------------------------- made (except as otherwise provided cosmetic in this Lease) any improvements, alterations or physical additions (including fixturesnature) in or and to the Premises or that Tenant deems advisable and which do not affect the Project in excess of $50,000 for any one alteration, addition or improvement or which affect any structural or building system components of the Premises or Building. All other modifications and/or alterations to the Building and/or the Project (mechanical, electrical or plumbing) or which under applicable laws shall require a building, electrical, plumbing or other permit, without first obtaining the Landlord’s prior written consent of (which consent shall not be unreasonably withheld, conditioned or delayed). In connection with any alterations requiring Landlord’s approval, including Landlord's Landlord shall have written approval of rights over Tenant's ’s contractor(s) and of the plans, working drawings and specifications relating thereto except as set forth in Exhibit E. thereto. Approval by Landlord of any of Tenant's ’s drawings and plans and specifications prepared in connection with any alterations, improvements, modifications or additions to the Premises or the Project requiring Landlord’s approval shall not constitute a representation or warranty of Landlord as to the adequacy or sufficiency of such drawings, plans and specifications, or alterations, improvements, modifications or additions to which they relate, for any use, purpose or conditions, but such approval shall merely be the consent of Landlord as required hereunder. Except as otherwise expressly provided in Exhibit E attached hereto, any Any and all furnishing, equipping and improving of or --------- other alteration and addition to the Premises shall be: (iA) made at Tenant's ’s sole cost, risk and expense, and in the case of alterations, improvements or additions requiring a permit by Tenant and if it is necessary for Landlord to employ a third party consultant to review Tenant's plans and specifications, then Tenant shall reimburse Landlord pay for Landlord's ’s actual reasonable costs incurred in connection with and as a result of such consultantalterations or additions; (iiB) performed in a prompt, good and workmanlike manner with labor and materials of such quality as the initial tenant improvementsLandlord may reasonably require; (iiiC) constructed in accordance with all plans and specifications approved in writing by Landlord, which approval shall not be unreasonably withheld, delayed, or conditioned Landlord prior to the commencement of any such work only if such work to the extent Landlord’s approval is in excess of $50,000 (as described hereinaboverequired under this Section 6.1(b); (ivD) prosecuted diligently and continuously to completion so as to minimize interference with the normal business operations of other tenants in the Building, the performance of Landlord’s obligations under this Lease or any mortgage or ground lease covering or affecting all or any part of the Building or the Land and any work being done by contractors engaged by Landlord with respect to or in connection with the Building; and (vE) performed by contractors approved in writing by Landlord which (such approval shall not be unreasonable unreasonably withheld, delayed conditioned or conditioned. delayed) only to the extent Landlord and Tenant will mutually agree to a list of contractors or subcontractors who may be employed by Tenant for any has approval rights regarding such work at the time the proposed work is to be completedalterations. Tenant shall have no (and hereby waives all) rights to payment or compensation for any such item. Tenant shall notify Landlord upon completion of such alterations, improvements, modifications or additions and Landlord shall inspect same for workmanship and compliance with the approved plans and specifications. Tenant and its contractors shall comply with all reasonable requirements Landlord may impose on Tenant or its contractors with respect to such work (including but not limited to, insurance, indemnity and bonding requirements) only if modification is in excess of $50,000, and shall deliver to Landlord a complete copy of the "as-built" or final plans and specifications for all alterations or physical additions so made in or to the Premises within thirty (30) days of completing the work). Tenant shall not place safes, vaults, filing cabinets or systems, libraries or other heavy furniture or equipment within the Premises after the initial occupancy of the Premises without Landlord's ’s prior written consent which consent shall not be unreasonably withheld, delayed or conditionedconsent.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Texas Roadhouse, Inc.)

Improvements and Alterations. Tenant shall not make or allow to be ---------------------------- made (except as otherwise provided in this Lease) any improvements, alterations or physical additions (including fixtures) in or to the Premises or the Project in excess of $50,000 for any one alteration, addition or improvement or which affect any structural or building system components of the Premises or Project (mechanical, electrical or plumbing) or which under applicable laws require a building, electrical, plumbing or other permitProject, without first obtaining the written consent of Landlord, including Landlord's ’s written approval of Tenant's ’s contractor(s) and of the plans, working drawings and specifications relating thereto except thereto, which consent shall not be unreasonably withheld, conditioned or delayed, so long as set forth such improvements, alterations or physical additions do not affect the Building’s structure or the mechanical, electrical or plumbing components of the Building. If Landlord does not respond in Exhibit E. writing with reasonable specificity to Tenant’s request for approval of plans and specifications within ten (10) business days after submission of Tenant’s plans, Landlord’s approval therefor shall be deemed granted. Approval by Landlord of any of Tenant's ’s drawings and plans and specifications prepared in connection with any alterations, improvements, modifications or additions to the Premises or the Project shall not constitute a representation or warranty of Landlord as to the adequacy or sufficiency of such drawings, plans and specifications, or alterations, improvements, modifications or additions to which they relate, for any use, purpose or conditions, but such approval shall merely be the consent of Landlord as required hereunder. Except as otherwise expressly provided in Exhibit E attached hereto, any Any and all furnishing, equipping and improving of or --------- other alteration and addition to the Premises shall be: (i) made at Tenant's ’s sole cost, risk and expense, and in the case of alterations, improvements or additions requiring a permit by Tenant and if it is necessary for Landlord to employ a third party consultant to review Tenant's plans and specifications, then Tenant shall reimburse Landlord pay for Landlord's ’s actual reasonable out-of-pocket third-party costs incurred in connection with and as a result of such consultantalterations or additions; (ii) performed in a prompt, prompt good and workmanlike manner with labor and materials of such quality as the initial tenant improvementsLandlord may reasonably require; (iii) constructed substantially in accordance with all plans and specifications approved in writing by Landlord, which approval shall not be unreasonably withheld, delayed, or conditioned Landlord prior to the commencement of any such work only if such work is in excess of $50,000 (as described hereinabove)work; (iv) prosecuted diligently and continuously to completion so as to minimize interference with the normal business operations of other tenants in the Building, the performance of Landlord’s obligations under this Lease or any mortgage or ground lease covering or affecting all or any part of the Building or the Land and any work being done by contractors engaged by Landlord with respect to or in connection with the Building; and (v) performed by contractors approved in writing by Landlord which approval shall not be unreasonable withheld, delayed or conditioned. Landlord and Tenant will mutually agree to a list of contractors or subcontractors who may be employed by Tenant for any such work at the time the proposed work is to be completedLandlord. Tenant shall have no (and hereby waives all) rights to payment or compensation for any such item. Tenant shall notify Landlord upon completion of such alterations, improvements, modifications or additions and Landlord shall inspect same for workmanship and compliance with the approved plans and specifications. Notwithstanding the foregoing, Tenant shall have the right to make or allow to be made any interior, non‑structural, non-MEP (mechanical, electrical, plumbing) alterations (decorative or cosmetic in nature) without the prior consent of Landlord so long as (i) such alterations do not cost in excess of $10,000.00; (ii) do not require any Building electrical, plumbing or other permit; (iii) Tenant notifies Landlord in writing of its intention to do such work at least ten (10) days prior to the initiation of such work; and (iv) Tenant provides to Landlord a list of the contractors and subcontractors who will require access to the Building. Tenant and its contractors shall comply with all reasonable requirements Landlord may impose on Tenant or its contractors with respect to such work (including but not limited to, insurance, indemnity and bonding requirements) only if modification is in excess of $50,000), and shall deliver to Landlord a complete copy of the "as-built" or final plans and specifications for all alterations or physical additions so made in or to the Premises within thirty (30) days of completing the work. Tenant shall not place safes, vaults, filing cabinets or systems, libraries or other heavy furniture or equipment within the Premises after the initial occupancy of the Premises without Landlord's ’s prior written consent which consent shall not be unreasonably withheld, delayed or conditionedconsent.

Appears in 1 contract

Samples: Lease Agreement (Texas Roadhouse, Inc.)

AutoNDA by SimpleDocs

Improvements and Alterations. Tenant shall not make or allow to be ---------------------------- made (except as otherwise provided in this Lease) any improvements, alterations alterations, additions, or physical additions (including fixtures) in or repairs to the Premises or the Project in excess of $50,000 for make any one alteration, addition or improvement or which affect any structural or building system components of the Premises or Project (mechanical, electrical or plumbing) or which under applicable laws require a building, electrical, plumbing or other permit, contract therefor without first obtaining the written consent of Landlord, including procuring Landlord's written approval of Tenant's contractor(s) consent and of delivering to the plans, working drawings and specifications relating thereto except as set forth in Exhibit E. Approval by Landlord of any of Tenant's drawings and the plans and specifications prepared in connection with any alterations, improvements, modifications or additions to the Premises or the Project shall not constitute a representation or warranty and copies of Landlord as to the adequacy or sufficiency of such drawings, plans and specifications, or alterations, improvements, modifications or additions to which they relate, for any use, purpose or conditions, but such approval shall merely be the consent of Landlord as required hereunder. Except as otherwise expressly provided in Exhibit E attached hereto, any and all furnishing, equipping and improving of or --------- other alteration and addition to the Premises shall be: (i) made at Tenant's sole cost, risk and expense, and in the case of alterations, improvements or additions requiring a permit by Tenant and if it is necessary for Landlord to employ a third party consultant to review Tenant's plans and specifications, then Tenant shall reimburse Landlord for Landlord's actual reasonable costs incurred in connection with such consultant; (ii) performed in a prompt, good and workmanlike manner with labor and materials of such quality as the initial tenant improvements; (iii) constructed in accordance with all plans and specifications approved in writing by Landlord, which approval shall not be unreasonably withheld, delayed, or conditioned prior to the commencement of any such work only if such work is in excess of $50,000 (as described hereinabove); (iv) prosecuted diligently and continuously to completion so as to minimize interference with the normal business operations of other tenants in the Building; and (v) performed by contractors approved in writing by Landlord which approval shall not be unreasonable withheld, delayed or conditioned. Landlord and Tenant will mutually agree to a list of contractors or subcontractors who may be employed by Tenant for any such work at the time the proposed work is to be completed. Tenant shall have no (contracts and hereby waives all) rights to payment or compensation for any such item. necessary permits unless an emergency situation exists, in which event Tenant shall notify Landlord upon completion of any such improvement or alteration as promptly as possible. All alterations, improvementsadditions, modifications improvements and fixtures, which may be made or additions installed by either of the parties hereto upon the Premises, and which in any manner are attached to the floors, walls or ceilings, at the termination of the Lease shall become the property of the Landlord, unless Landlord shall inspect same for workmanship and compliance with requests the approved plans and specifications. Tenant and its contractors shall comply with all reasonable requirements Landlord may impose on Tenant or its contractors with respect to such work (including but not limited to, insurance, indemnity and bonding requirements) only if modification is in excess of $50,000removal, and shall deliver remain upon and be surrendered with the Premises as a part thereof, without damage or injury; any linoleum or other floor covering of similar character which may be cemented or otherwise fitted or adhesively affixed to Landlord a complete copy the floor shall likewise become the property of Landlord, all without compensation or credit to Tenant. Notice is hereby given that no construction or other lien sought to be imposed on the Premises shall in any manner affect the right, title or interest of the "as-built" or final plans and specifications for all alterations or physical additions so made in or to the Premises within Landlord therein. Within thirty (30) days after the completion of completing any work on the work. Premises, Tenant shall not place safesprovide Landlord, vaultsin form satisfactory to Landlord, filing cabinets or systemswith the contractor's statements, libraries or other heavy furniture or equipment within affidavits and waivers of lien and shall also provide supporting waivers of lien and affidavits from all sub-contractors and material men. In the Premises after event that any capital improvements (i.e. additional paved area, repaving, new building space, etc.) are made by the initial occupancy Landlord and agreed upon by the tenant, the monthly Rent will be adjusted and an amount equal to 1% of the Premises without Landlord's prior written consent which consent cost of the improvement shall not be unreasonably withheld, delayed or conditionedadded to the monthly base rent.

Appears in 1 contract

Samples: Lease

Improvements and Alterations. Tenant Lessee's right to make improvements or alterations to the Premises shall be subject to the following conditions: (A) Lessee shall not make any improvements or allow to be ---------------------------- made (except as otherwise provided in this Lease) any improvements, alterations or physical additions (including fixtures) in or to on the Premises without the prior written approval of Lessor, provided, however, that Lessor shall not unreasonably withhold such approval if such improvements or alterations do not affect the Project structural components and elements, or electrical, plumbing or mechanical systems of the Building. (B) No improvement or alteration involving an expenditure in excess of $50,000 for any one alteration, addition or improvement or which affect any structural or building system components of the Premises or Project (mechanical, electrical or plumbing) or which under applicable laws require a building, electrical, plumbing or other permit, 1,000 shall be made without first obtaining the written consent of Landlord, including LandlordLessor's written approval of Tenant's contractor(s) and of the plans, working drawings and specifications relating thereto except as set forth in Exhibit E. Approval by Landlord of any of Tenant's drawings and plans and specifications prepared in connection with any alterations, improvements, modifications or additions to the Premises or the Project shall not constitute a representation or warranty of Landlord as to the adequacy or sufficiency of such drawings, plans and specifications, or alterations, improvements, modifications or additions to which they relate, for any use, purpose or conditionstherefor, but such approval shall merely not be unreasonably withheld by Lessor. Lessee shall furthermore first obtain Lessor's written approval before any modification or changes are made in such plans after Lessor's approval thereof. (C) All improvements and alterations shall be consistent with the consent operation of Landlord as a first-class medical office building. (D) No improvement or alteration shall be undertaken until Lessee shall have procured and paid for all required hereundermunicipal and other governmental permits and authorizations of the various municipal departments and governmental agencies having jurisdiction. Except as otherwise expressly provided in Exhibit E attached hereto, any and all furnishing, equipping and improving of or --------- other alteration and addition to the Premises shall be: (iE) made at Tenant's sole cost, risk and expense, and in the case of alterations, improvements or additions requiring a permit by Tenant and if it is necessary for Landlord to employ a third party consultant to review Tenant's plans and specifications, then Tenant shall reimburse Landlord for Landlord's actual reasonable costs incurred All work done in connection with such consultant; (ii) performed any improvements or alterations shall be done in a prompt, good and workmanlike manner and in compliance with labor condominium documents (if applicable), all building and materials of such quality as the initial tenant improvements; (iii) constructed in accordance zoning laws, and with all plans other laws, ordinances, rules, requirements of any federal, state or municipal agency having jurisdiction and specifications approved in writing by Landlord, which approval shall not be unreasonably withheld, delayed, completed free of all mechanics' or conditioned prior materialmen's liens. (F) Any improvements or alteration to the commencement Premises, except movable furniture, trade fixtures, medical equipment and any readily removable cabinets placed by Lessee in the Premises, shall at once become the absolute property of any such work only if such work is in excess of $50,000 (as described hereinabove); (iv) prosecuted diligently Lessor and continuously to completion so as to minimize interference remain upon and be surrendered with the normal business operations Premises as a part thereof at the termination of other tenants in this Lease without disturbance or injury, but Lessor reserves the Building; right to require Lessee to remove any improvement or alteration made by Lessee and (v) performed by contractors approved in writing by Landlord which approval shall not be unreasonable withheld, delayed or conditioned. Landlord to repair and Tenant will mutually agree restore the Premises to a list of contractors or subcontractors who may be employed by Tenant for any such work at the time the proposed work is to be completed. Tenant shall have no (and hereby waives all) rights to payment or compensation for any such item. Tenant shall notify Landlord upon completion of such alterations, improvements, modifications or additions and Landlord shall inspect same for workmanship and compliance with the approved plans and specifications. Tenant and its contractors shall comply with all reasonable requirements Landlord may impose on Tenant or its contractors with respect to such work (including but not limited to, insurance, indemnity and bonding requirements) only if modification is in excess of $50,000, and shall deliver to Landlord a complete copy of the "as-built" or final plans and specifications for all alterations or physical additions so made in or condition substantially equivalent to the Premises within thirty (30) days of completing the work. Tenant shall not place safes, vaults, filing cabinets or systems, libraries or other heavy furniture or equipment within the Premises after the initial occupancy condition of the Premises without Landlord's prior written consent which consent shall not be unreasonably withheld, delayed to such improvement or conditionedalteration. 7.

Appears in 1 contract

Samples: Acceptance Agreement (Eagle Financial Services Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.