Ownership of Tenant’s Improvements. (a) The Tenant acknowledges and agrees that the Council may, at the end of Lease, elect (in its sole discretion) by notice in writing to the Tenant, for ownership of the Tenant’s Improvements to vest in the Council unencumbered (Council’s Election).
Ownership of Tenant’s Improvements. Removal and Restoration by Tenant All alterations, changes and additions and all improvements, including leasehold improvements made by Tenant to the Premises, whether part of Tenant's Work or not and whether or not paid for wholly or in part by Landlord, shall remain Tenant's property for the Lease Term. With the exception of Excluded Personal Property, any alterations, changes, additions and improvements shall immediately upon the termination or expiration of this Lease become Landlord's property, be considered part of the Premises, and not be removed at or prior to the end of the Lease Term without Landlord's written consent. Tenant shall not be entitled during the Lease Term, or after termination of same, to remove permanent improvements, fixtures or any air conditioning equipment, plumbing, electrical wiring, curtain walls, storefronts, or other elements of the TALP Improvements (as that term is defined in the Ground Lease), but, at the end of the Lease Term, Tenant shall have the right to remove all Removable Improvements (as that term is defined in the Ground Lease) such as the Excluded Personal Property.
