Common use of Lessor Repairs Clause in Contracts

Lessor Repairs. Lessor shall maintain only the roof (but not the HVAC Units which shall be maintained at the sole cost and expense of Lessee, except that Lessor shall be responsible for ensuring that all parts of the leased premises, including without limitation the HVAC Units, plumbing and electrical systems, sprinkler system and doors to the leased premises, are initially in good working order and Lessor will promptly repair same for a period of ninety (90) days following the Commencement Date of this Lease), foundation, and the structural soundness of the exterior walls (excluding windows, window glass, plate glass and doors) of the building comprising a part of the leased premises, except for damages caused by the negligence of Lessee, its agents, employees, contractors, guests and invitees which damage shall be repaired at the sole cost and expense of Lessee and which will constitute additional rent due hereunder upon demand by Lessor therefor. Lessor agrees to utilize reasonable efforts to effectuate and promptly complete any maintenance or repairs required to be performed by Lessor hereunder in a manner calculated to cause as little interruption and interference with the conduct of business by Lessee in the leased premises as is reasonably practicable. In addition, if Lessor fails to perform any of its repair and maintenance obligations hereunder and such default is not cured by Lessor in accordance with the terms and provisions of section 11.03 hereinbelow, then Lessee shall have the right to perform such repair and maintenance obligations as are reasonably necessary to either (a) prevent any damage to Lessee's inventory or other personal property and/or (b) obviate any material and adverse effects to Lessee's business operations resulting therefrom. Any and all reasonable costs and expenses paid or incurred by Lessee in performing any of Lessor's maintenance obligations in accordance with the terms, conditions and requirements of the immediately preceding sentence, may be offset by Lessee against the next accruing installments of rent hereunder.

Appears in 1 contract

Sources: Commercial Lease (Gulfstream Aerospace Corp)

Lessor Repairs. Lessor shall maintain only keep (a) the foundations, exterior walls (including exterior windows except to the extent broken, cracked or damaged by TTPU or its respective employees, agents or subtenant), (b) the roof (but not the HVAC Units which shall be maintained at the sole cost and expense of Lessee, except that Lessor shall be responsible for ensuring that all parts of the leased premisesLeased Premises, including without limitation (c) the heating, ventilating, and cooling equipment and systems (the "HVAC UnitsSystems") serving the Leased Premises, plumbing and electrical systems, sprinkler system and doors (d) all other portions of the Building other than the Leased Premises (except those portions of the Building that TTPU has otherwise agreed to the leased premises, are initially in good working order and Lessor will promptly repair same for a period of ninety (90) days following the Commencement Date of maintain pursuant to this Lease), foundationin good repair and condition, ordinary wear and tear excepted. In the structural soundness event that the Leased Premises or Project should become in need of the exterior walls (excluding windows, window glass, plate glass and doors) of the building comprising a part of the leased premises, except for damages caused by the negligence of Lessee, its agents, employees, contractors, guests and invitees which damage shall be repaired at the sole cost and expense of Lessee and which will constitute additional rent due hereunder upon demand by Lessor therefor. Lessor agrees to utilize reasonable efforts to effectuate and promptly complete any maintenance or repairs required to be performed by Lessor hereunder in a manner calculated to cause as little interruption and interference with the conduct of business by Lessee in the leased premises as is reasonably practicable. In addition, if Lessor fails to perform any of its repair and maintenance obligations hereunder and such default is not cured made by Lessor in accordance with this Lease, TTPU shall give prompt written notice thereof to Lessor and Lessor shall not be responsible in any way for failure to make any such repairs until a reasonable time shall have elapsed after receipt by Lessor of such written notice. Notwithstanding the terms foregoing, Lessor shall not be obligated to make repairs, replacements or improvements of any kind: (i) to or for any trade fixtures contained in the Leased Premises; (ii) to glass, doors, or any improvements to the Leased Premises made by or on behalf of TTPU, including, without limitation, the TTPU Work; or (iii) that are the result of any damages to the Building, including the roof, or Leased Premises caused by any act or omission of TTPU or their employees, agents, contractors, invitees, or licensees. TTPU shall have the sole responsibility for all repairs, replacements, or improvements to the Leased Premises that are not specified in this Section 7.1 to be the responsibility of Lessor. TTPU understands and provisions of section 11.03 hereinbelow, then Lessee agrees that Lessor shall have the right (and TTPU shall permit Lessor or its employees, agents or contractors reasonable access to perform the Leased Premises for the purpose of exercising such rights), to install, maintain, repair and maintenance obligations replace in the ceiling space and/or under the concrete slab in the Leased Premises, all such electrical, plumbing, HVAC Systems, as are reasonably necessary defined hereafter, and other system components that may be required to either (a) prevent service the Common Areas or other tenants in the Project. Lessor shall use its best efforts to minimize any disruption of TTPU's business resulting from the exercise of such right and shall be responsible for any damage to Lessee's inventory TTPU or other personal property and/or (b) obviate any material their respective merchandise, inventory, fixtures and adverse effects to Lessee's business operations equipment resulting therefrom. Any and all reasonable costs and expenses paid or incurred by Lessee in performing any of Lessor's maintenance obligations in accordance with the terms, conditions and requirements of the immediately preceding sentence, may be offset by Lessee against the next accruing installments of rent hereunder.

Appears in 1 contract

Sources: Lease Agreement