Common use of Maintenance and Improvements Clause in Contracts

Maintenance and Improvements. Licensee shall at all times maintain the interior and exterior of each Store and the surrounding premises used in connection therewith in safe, good, clean, and attractive condition, consistent with Licensor’s standards and, at a minimum, equal to the local standard of leading apparel shops, and shall do such lighting, painting, decorating, embellishing, repairing, and restoration as may from time to time be required to maintain such high standards and the standards of Licensor. Licensee shall comply with all of Licensor’s reasonable requests respecting the maintenance of the physical plant of each Store and improvements thereto, and shall, at its expense, maintain the Store and make regular display and interior changes in a manner consistent with Licensor’s standards for such maintenance and changes. Without limiting the generality of the foregoing, License shall make window display changes approximately four (4) times a year and shall, as applicable, periodically update and promptly conduct all necessary repairs, cleaning and maintenance of rugs, floors and fixtures (“Updates and Maintenance”). Licensee shall regularly consult with Licensor regarding its plans with respect to Updates and Maintenance. In addition to such regular Updates and Maintenance, at all times during the Term, Licensee shall be required to refurbish and renovate the showroom and all Stores and Shops to the extent that regular Updates and Maintenance have not been adequate to keep their appearance consistent with the high standards and then current design and merchandising concepts in effect for Licensor’s own showrooms, stores and fixtures in the United States and, in any event, except as may otherwise be agreed by Licensor, not less than every five (5) years.