Common use of Ownership of Alterations and Improvements Clause in Contracts

Ownership of Alterations and Improvements. In all cases of alterations, improvements, changes, accessories and the like that cannot be removed from the Premises without destroying or otherwise deteriorating the Premises or any surface thereof shall, upon creation, become the Lessor’s property without need for any further transfer, delivery or assignment thereof.

Appears in 62 contracts

Sources: Commercial Lease Agreement (Silvaco Group, Inc.), Commercial Lease Agreement (Silvaco Group, Inc.), Commercial Lease Agreement