Common use of Ownership of Alterations Clause in Contracts

Ownership of Alterations. Unless Landlord shall elect that all or part of any alteration made by Tenant to the premises (including any alteration consented to by Landlord pursuant to paragraph 9 hereof) shall remain on the premises after the termination of this Lease, the premises shall be restored to their original condition by Tenant before the expiration of this Lease at Tenant's sole expense. Tenant shall not, however, have any responsibility to remove any improvements constructed by Landlord as part of the original fit out of the premises for Tenant. Notwithstanding anything herein to the contrary, Landlord shall advise Tenant if Tenant so requests, at the time Landlord approves any alterations to be made by Tenant ("Approved Alterations") whether or not Tenant will be required to remove such Approved Alterations at the expiration of lease term or any earlier termination thereof. Any alterations, improvements, betterments or mechanical equipment, including but not limited to, heating and air conditioning systems, but excluding trade fixtures and other personalty of Tenant used in the operation of Tenant's business, shall become the property of Landlord as soon as they are affixed to the premises, and all right, title and interest thereof of Tenant shall immediately cease, unless otherwise agreed to in writing by Landlord. Tenant shall promptly pay any franchise, minor privilege or other tax or assessment resulting directly or indirectly from any alterations or improvements made by Tenant to the premises subsequent to the initial improvements constructed by Landlord. Tenant shall repair promptly, at its own expense, any damage to the premises or Building caused by Tenant or its agents or contractors bringing into the premises any property for Tenant's use, or by the installation or removal of such property, regardless of fault or by whom such damage shall be caused.

Appears in 1 contract

Samples: Lease (Sequoia Software Corp)

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Ownership of Alterations. Unless Landlord shall elect that all or part of any alteration made by Tenant to the premises (including any alteration consented to by Landlord pursuant to paragraph Paragraph 9 hereof) shall remain on the premises after the termination of this Lease, the premises shall be restored to their original condition by Tenant before the expiration of this Lease at Tenant's sole expense. Landlord and Tenant shall notagree, however, that with respect to the Tenant Work set forth in Section 33 of this Lease, such Tenant Work shall be deemed as having been completed prior to the commencement date of this Lease and therefore Tenant will not have any responsibility to remove any of such improvements constructed by Landlord as part of the original fit out of the premises for Tenant. Notwithstanding anything herein to the contrary, Landlord shall advise Tenant if Tenant so requests, at the time Landlord approves any alterations to be made by Tenant ("Approved Alterations") whether or not Tenant will be required to remove such Approved Alterations at upon the expiration of lease term or any earlier termination thereofof this Lease. Any Upon such election by Landlord, any such alterations, improvements, betterments or mechanical equipment, including but not limited to, heating and air conditioning systems, but excluding trade fixtures and other personalty of Tenant used in the operation of Tenant's business, shall become the property of the Landlord as soon as they are affixed to at the premisesexpiration or sooner of the termination of this Lease, and all right, title and interest thereof of Tenant shall immediately cease, unless otherwise agreed to in writing by Landlord. Tenant shall promptly pay any franchise, minor privilege or other tax or assessment resulting directly or indirectly from any alterations or improvements made by Tenant to the premises subsequent to the initial improvements constructed by Landlord. Tenant shall repair promptly, at its own expense, any damage to the premises or Building caused by Tenant or its agents or contractors bringing into the premises any property for Tenant's use, or by the installation or removal of such property, regardless of fault or by whom such damage shall be caused. Tenant, upon the expiration or earlier termination of the Term, and/or at any time during the Term, shall have the right to remove from the premises all trade fixtures belonging to Tenant (including, but not limited to, movable furniture, other personalty, tailor shop equipment, light fixtures and any other property of Tenant which may be removed without substantial alteration or damage to the premises) and all personal property of Tenant. In the event Tenant shall effect any such removal, Tenant shall be required to repair any damage to the premises caused by such removal.

Appears in 1 contract

Samples: Lease Agreement (Bank Jos a Clothiers Inc /De/)

Ownership of Alterations. Unless In the event Landlord consents to the making of any alterations to the Premises by Tenant in accordance with Section 9 hereof, Landlord shall elect that also advise Tenant in writing at the time of such written consent, if Tenant requests Landlord to do so, whether or not all or part of any such alteration made by Tenant to the premises (including any alteration consented to by Landlord pursuant to paragraph 9 hereof) shall remain on the premises Premises after the termination of this Lease, . If Landlord requires that the premises shall be restored to their original condition by Tenant before the expiration of this Lease at Tenant's sole expense. Tenant shall not, however, have any responsibility to remove any improvements constructed by Landlord as part of the original fit out of the premises for Tenant. Notwithstanding anything herein to the contrary, Landlord shall advise Tenant if Tenant so requests, at the time Landlord approves any alterations alteration to be made by Tenant ("Approved Alterations") whether or not Tenant will be required to remove such Approved Alterations removed at the termination or expiration of lease term the Lease term, Tenant shall do so at its own cost without damage to the Building. Upon election by Landlord, that any such alterations shall remain on the Premises after the expiration or termination of the Lease term, any earlier termination thereof. Any such alterations, improvements, betterments or mechanical equipment, including but not limited to, heating and air conditioning systems, but excluding trade fixtures and other personalty of Tenant used in the operation of Tenant's business, shall become the property of Landlord as soon as they are affixed to the premisesPremises, and all right, title and interest thereof of Tenant shall immediately cease, unless otherwise agreed to in writing by Landlord. Tenant shall promptly pay any franchise, minor privilege or other tax or assessment resulting directly or indirectly from any alterations or improvements made by Tenant to the premises subsequent to the initial improvements constructed by LandlordPremises. Tenant shall repair promptly, at its own expense, any damage to the premises Premises or Building caused by Tenant or its agents or contractors bringing into the premises Premises any property for Tenant's ’s use, or by the installation or of removal of such property, regardless of fault or by whom such damage shall be caused.

Appears in 1 contract

Samples: Office Lease (Howard Bancorp Inc)

Ownership of Alterations. Unless Landlord shall may elect in writing, at the time Landlord consents to any alteration pursuant to Section 9, that all or part of any such alteration made by Tenant to the premises (including any alteration consented to by Landlord pursuant to paragraph 9 hereof) shall not remain on the premises after the termination of this Lease. In the event of such election, the premises shall be restored to their original condition by Tenant before the expiration of this Lease at Tenant's sole expense. Notwithstanding the foregoing, Tenant shall not, however, have any responsibility to remove any improvements constructed by Landlord as part of the original fit out of the premises for Tenant. Notwithstanding anything herein to the contrary, Landlord shall advise Tenant if Tenant so requests, at the time Landlord approves any alterations to be made by Tenant ("Approved Alterations") whether or not Tenant will be required to remove or restore non-structural building improvements. With respect to any such Approved Alterations at the expiration of lease term or any earlier termination thereof. Any alterations, improvements, betterments or mechanical equipmentequipment that are to remain on the premises, including but not limited to, heating and air conditioning systems, but excluding trade fixtures and other personalty of Tenant used in the operation of Tenant's businessfixtures, they shall become the property of Landlord as soon as they are affixed to the premises, and all right, title and interest thereof of Tenant shall immediately cease, unless otherwise agreed . Tenant shall be permitted to in writing remove trade fixtures provided that Tenant shall repair any damage caused by Landlordthe removal. Tenant shall promptly pay any franchise, minor privilege or other tax or assessment resulting directly or indirectly from any alterations or improvements made by Tenant to the premises subsequent to the initial improvements constructed by Landlordpremises. Tenant shall repair promptly, at its own expense, any damage to the premises or Building caused by Tenant or its agents or contractors bringing into the premises any property for Tenant's use, or by the installation or removal of such property, regardless of fault or by whom such damage shall be caused.

Appears in 1 contract

Samples: Lease (Tessco Technologies Inc)

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Ownership of Alterations. Unless Landlord shall elect in writing that all or part of any alteration made by Tenant to the premises (including any alteration consented to by Landlord pursuant to paragraph Section 9 hereof) excluding, however, Landlord's work and installations in accordance with Exhibit B hereto, which Tenant shall have no obligation to remove, shall remain on the premises after the termination of this LeaseLease (which election shall be made by Landlord, if at all, at the time Tenant seeks Landlord's consent), the premises shall be restored to their original condition by Tenant before the expiration of this Lease Lease, at Tenant's sole expense. Tenant shall not, however, have any responsibility expense to remove any improvements constructed by Landlord the condition that existed as part of the original fit out date Tenant took possession of the premises for Tenantpremises, reasonable wear and tear and/or damage from casualty or condemnation excepted. Notwithstanding anything herein to the contraryUpon such written election by Landlord, Landlord shall advise Tenant if Tenant so requests, at the time Landlord approves any alterations to be made by Tenant ("Approved Alterations") whether or not Tenant will be required to remove such Approved Alterations at the expiration of lease term or any earlier termination thereof. Any alterations, improvements, betterments or mechanical equipment, including but not limited to, heating and air conditioning systems, but excluding excluding, however, Tenant's trade fixtures fixtures, equipment, furniture and other personalty of Tenant used in the operation of Tenant's businesspersonal property, shall become the property of Landlord as soon as they are affixed to the premises, and all right, title and interest thereof of Tenant shall immediately cease, unless otherwise agreed to in writing by Landlord. Tenant shall promptly pay any franchise, minor privilege or other tax or assessment resulting directly or indirectly from any alterations or improvements made by Tenant to the premises subsequent to the initial improvements constructed by Landlordpremises. Tenant shall repair promptly, at its own expense, any damage to the premises or Building caused by Tenant or its agents or contractors bringing into the premises any property for Tenant's use, or by the installation or removal of such property, regardless of fault or by whom such damage shall be caused, except to the extent that such damage was caused by Landlord, its agents, contractors or employees.

Appears in 1 contract

Samples: Lease by And (Neogen Corp)

Ownership of Alterations. Unless Landlord shall elect in writing, at the time Landlord consents to any alteration pursuant to Section 9, that all or part of any such alteration made by Tenant to the premises (including any alteration consented to by Landlord pursuant to paragraph 9 hereof) shall remain on the premises after the termination of this Lease, the premises shall be restored to their original condition by Tenant before the expiration of this Lease at Tenant's ’s sole expense. Tenant shall notUpon such election by Landlord, however, have any responsibility to remove any improvements constructed by Landlord as part of the original fit out of the premises for Tenant. Notwithstanding anything herein to the contrary, Landlord shall advise Tenant if Tenant so requests, at the time Landlord approves any alterations to be made by Tenant ("Approved Alterations") whether or not Tenant will be required to remove such Approved Alterations at the expiration of lease term or any earlier termination thereof. Any alterations, improvements, betterments or mechanical equipment, including but not limited to, heating and air conditioning systems, but excluding trade fixtures and other personalty of Tenant used in the operation of Tenant's business, shall become the property of Landlord as soon as they are affixed to the premises, and all right, title and interest thereof of Tenant shall immediately cease, unless otherwise agreed to in writing by Landlord. Tenant shall promptly pay any franchise, minor privilege or other tax or assessment resulting directly or indirectly from any alterations or improvements made by Tenant to the premises subsequent to the initial improvements constructed by Landlordpremises. Tenant shall repair promptly, at its own expense, any damage to the premises or Building caused by Tenant or its agents or contractors bringing into the premises any property for Tenant's ’s use, or by the installation or removal of such property, regardless of fault or by whom such damage shall be caused. Notwithstanding the foregoing provisions, so long as Tenant is not in default hereunder beyond any applicable cure and notice period, Tenant shall be entitled to remove any fixtures, equipment or furnishings furnished or supplied by Tenant at any time during the term hereof, and Xxxxxx further agrees that unless any such default exists and has not been cured as aforesaid.

Appears in 1 contract

Samples: www.bcps.org

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