Common use of Ownership Removal Surrender and Restoration Clause in Contracts

Ownership Removal Surrender and Restoration. 8.4.1 Subject to Lessor’s right to require removal or elect ownership as hereinafter provided, all Alterations and Utility Installations made by Lessee shall be the property of Lessee, but considered a part of the Premises. Lessor may, at any time, elect in writing to be the owner of all or any specified part of the Lessee Owned Alterations and Utility Installations. Unless otherwise instructed per Section 8.4.2 hereof, all Lessee Owned Alterations and Utility Installations shall, at the expiration or termination of this Lease, become the property of Lessor and be surrendered by Lessee with the Premises.

Ownership Removal Surrender and Restoration. 8.4.1 Subject to Lessor’s right to require removal or elect ownership as hereinafter provided, all Alterations and Utility Installations made by Lessee shall be the property of Lessee, Lessee but considered a part of the Premises. Lessor may, at any time, elect in writing to be the owner of all or any specified part of the Lessee Owned Alterations and Utility Installations; provided, however, that the modular clean room and the permanent electrical generator installed adjacent to the Premises (as shown on Exhibit A) shall remain the property of the Lessee and which the Lessee agrees to remove from the premises upon Lease termination. Unless otherwise instructed per Section 8.4.2 hereof, all Lessee Owned Alterations and Utility Installations shall, at the expiration or termination of this Lease, become the property of Lessor and be surrendered by Lessee with the Premises.

Ownership Removal Surrender and Restoration. 8.4.1 (a) Ownership, Subject to Lessor’s 's right to require their removal or elect ownership and to cause Lessee to become the owner thereof as hereinafter providedprovided in this Paragraph 7.4, all Alterations and Utility Installations installations made to the Premises by Lessee shall be the property of and owned by Lessee, but considered a part of the Premises. Lessor may, at any timetime and at its option, elect in writing to Lessee to be the owner of all or any specified part of the Lessee Lessee-Owned Alterations and Utility Installationsinstallations. Unless otherwise instructed per Section 8.4.2 Subparagraph 7.4(b) hereof, all Lessee Lessee-Owned Alterations and Utility Installations shall, installations shall at the expiration or earlier termination of this Lease, become the property of Lessor and remain upon the Premises and be surrendered by Lessee with the PremisesPremises by Lessee.

Ownership Removal Surrender and Restoration. 8.4.1 (a) Ownership Subject to Lessor’s right to require removal or elect ownership as hereinafter provided, . all Alterations and Utility Installations installations made by Lessee shall be the property of Lessee, . but considered a part of the Premises. Lessor may, at any time, elect in writing to be the owner of all or any specified part of the Lessee Owned Alterations and Utility Installations. Unless otherwise instructed per Section 8.4.2 paragraph 7 4(b) hereof, all Lessee Owned Alterations and Utility Installations installations shall, at the expiration or termination of this Lease, become the property of Lessor and be surrendered by Lessee with the Premises.

Ownership Removal Surrender and Restoration. 8.4.1 Subject to Lessor’s 's right to require removal or elect ownership as hereinafter provided, all Alterations and Utility Installations made by Lessee shall be the property of Lessee, but considered a part of the Premises. Lessor may, at any time, elect in writing to be the owner of all or any specified part of the Lessee Owned Alterations and Utility Installations. Unless otherwise instructed per Section 8.4.2 hereof, all Lessee Owned Alterations and Utility Installations shall, at the expiration or termination of this Lease, become the property of Lessor and be surrendered by Lessee with the Premises.