Common use of OWNER'S INITIAL WORK Clause in Contracts

OWNER'S INITIAL WORK. A. Owner shall at its own expense perform the -------------------- following work at the demised premises: (a) removal of the single cinder block wall running north-to-south at the basement level; and (b) patch all ceiling holes (collectively, "Owner's Initial Work"). Owner's Initial Work shall be performed by Owner only once, it being understood that Owner's obligation to perform the work is a single, non-recurring obligation.

Appears in 2 contracts

Sources: Store Lease (Craig Corp), Lease Agreement (Reading Entertainment Inc)