Common use of Ownership Removal Surrender and Restoration Clause in Contracts

Ownership Removal Surrender and Restoration. (PARAGRAPH 7.4, CONTINUED) Lessor's right under Paragraph 7.4(b) to require that any or all Lessee Owned Alterations or Utility Installations be removed by Lessee by the expiration or earlier termination of this Lease applies to all tenant improvements, including but not limited to improvements which were made to the Premises by Lessor at the request of Lessee and improvements the cost of which was amortized over the Lease term or a portion thereof in the form of additional rent. If Lessee desires to install wallpaper in the Premises, Lessor may require the removal and restoration of the walls upon Lessee's vacancy of the Premises, which shall be done at Lessee's sole cost and expense.

Appears in 2 contracts

Sources: Standard Industrial/Commercial Single Tenant Lease (International Remote Imaging Systems Inc /De/), Standard Industrial/Commercial Single Tenant Lease (International Remote Imaging Systems Inc /De/)