PREPARATION OF THE DEMISED PREMISES. 3.01 Tenant has examined the Demised Premises and agrees to accept the same in their condition and state of repair existing as of the date hereof subject to normal wear and tear and to the removal therefrom of the property of the existing tenant or occupant thereof, if any, and understands and agrees that, except for “Landlord’s Work” (as such quoted term in hereinafter defined), and its obligations otherwise under this Lease, Landlord shall not be required to perform any work, supply any materials or incur any expense to prepare the Demised Premises for Tenant’s occupancy except that, prior to the Term Commencement Date, Landlord shall cause the Demised Premises to be delivered in vacant, broom clean condition, and shall deliver an NYC DEP Form ACP-5 to Tenant showing that the Demised Premises is asbestos free.
PREPARATION OF THE DEMISED PREMISES. 2.1. Tenant shall accept the demised premises as is" on the Commencement Date and Landlord shall not be required to perform any work, install any fixtures or equipment or render any services to make the Building or the demised premises ready or suitable for Tenant's use or occupancy. All other installations, materials and work which may be undertaken by or for the account of Tenant to prepare, equip, decorate and furnish the demised premises for Tenant's occupancy shall be at Tenant's expense.
PREPARATION OF THE DEMISED PREMISES. 3.01. The Demised Premises shall be completed and prepared for Tenant's occupancy in the manner, and subject to the terms, conditions and covenants, set forth in Exhibit C. The facilities, materials, and work so to be furnished, installed, and performed in the Demised Premises by Landlord at its expense are hereinafter and in Exhibit C referred to as "Landlord's Work". Such other installations, materials, and work which may be undertaken by or for the account of Tenant to equip, decorate, and furnish the Demised Premises for Tenant's occupancy, commonly called finishing trades work, are hereinafter and in Exhibit C called "Tenant's Finish Work."
PREPARATION OF THE DEMISED PREMISES. 2.01. Tenant has examined the demised premises and, subject to the provisions of Article 7 of this Lease, agrees to accept the same in their condition and state of repair existing as of the date hereof subject to normal wear and tear and to the removal therefrom of the property of the existing tenant or occupant thereof, if any, and understands and agrees that Landlord shall not be required to perform any work, supply any materials or incur any expense to prepare the demised premises for Tenant's occupancy.
PREPARATION OF THE DEMISED PREMISES. 3.01. The Demised Premises shall be completed and prepared for Tenant's occupancy in the manner, and subject to the terms, conditions and covenants, set forth in Exhibit C and any attachments thereto. The facilities, materials, and work so to be furnished, installed, and performed in the Demised Premises by Landlord at its expense are hereinafter and in Exhibit C referred to as "Landlord's Work". Such other installations, materials, and work which may be undertaken by or for the account of Tenant to equip, decorate, and furnish the Demised Premises for Tenant's occupancy, commonly called finishing trades work, are hereinafter and in Exhibit C called "Tenant's Finish Work." All terms and provisions relating to allowances, bidding and construction, if any, shall be set forth on Exhibit C and any attachments thereto. After review and completion of the final construction drawings, Landlord shall notify Tenant in writing of any restoration Tenant shall be responsible for upon the termination of this Lease. In any event, Tenant shall remove from the Demised Premises all equipment comprising Tenant's Voice, Data and Security Systems, including associated outlets, wires, wiring trays and other equipment, materials and facilities, whether located in the ceiling, floor and/or walls which in any way relates, pertains to, constitutes or is connected with Tenant's Voice, Data and/or Security Systems and regardless of whether Landlord or Tenant installed and/or paid for the installation of such systems.
PREPARATION OF THE DEMISED PREMISES. 3.01 Tenant acknowledges that it has made a full and complete inspection of the Demised Premises, and Tenant agrees to accept same on the Commencement Date in their present “as-is” condition except as otherwise set forth herein. Tenant acknowledges that neither Landlord, nor Landlord’s agent, has made any representations or promises in regard to the Demised Premises and neither Landlord nor Landlord’s agent shall be required to perform any work to prepare, alter or improve the Demised Premises for Tenant’s use, except for Landlord’s Work (“Landlord’s Work”) as set forth on Exhibit B. Such other installations, materials and work which may be required to be undertaken by or for the account of Tenant to equip, decorate and furnish the Demised Premises for Tenant’s occupancy are hereinafter referred to as ‘‘Tenant’s Work” and shall be performed by Tenant at Tenant’s expense subject to the terms and provisions of Article 13 thereof promptly after the Commencement Date has occurred. Except for the performance by Landlord of Landlord’s Work, Tenant covenants and agrees that Tenant’s Work shall result in a first class retail store in keeping with the nature of Bleecker Street. Tenant is familiar with the condition of the Demised Premises and agrees to accept possession of the Demised Premises on the Commencement Date in its then “as is” condition.
PREPARATION OF THE DEMISED PREMISES. 3.01. Prior to the Commencement Date, Landlord will substantially perform all the work in the Demised Premises as set forth in Exhibit "C" (the "Work Letter") upon the terms and conditions specified in the Work Letter.
PREPARATION OF THE DEMISED PREMISES. 4.01 Tenant has fully inspected the Demised Premises and is satisfied with the condition thereof and agrees to accept possession of the Demised Premises in their “as is” condition. Tenant acknowledges that neither Landlord nor any of its agents or employees have agreed to undertake any alterations or construct any Tenant improvements or Landlord’s work in or to the Demised Premises. Notwithstanding the foregoing Landlord agrees, at its cost and expense, to perform and substantially complete the following work (“Landlord’s Building Work”) in the Building on or before the Commencement Date, but in no event later than five (5) months after the Commencement Date. Tenant acknowledges and agrees that the substantial completion of Landlord’s Building Work is not a condition for the Commencement Date. In the event Landlord’s Building Work is not substantially complete on or before the date that is one hundred fifty (150) days after the Commencement Date, Tenant shall be entitled to an abatement of the Fixed Rent, in an amount equal to one (1) day of Fixed Rent for each day of such delay beginning on the one hundred fifty-first (151st) day and ending on the date that Landlord’s Building Work is substantially completed. Notwithstanding anything to the contrary contained herein, Tenant shall have access to the common area bathrooms on the first (1st) floor of the Building as of the Commencement Date. All of Landlord’s Building Work shall be completed in a good and workmanlike manner, using materials which are Building standard quality and grade. Landlord’s Building Work shall be as follows: Landlord shall upgrade both the existing men’s women’s bathrooms located on the on the first floor of the Building by installing new floor tiles, wall tiles, mirrors, sink fixtures and countertops. Any installations, materials or work which may be undertaken by or for the account of Tenant to equip, decorate or furnish the Demised Premises for Tenant’s occupancy (hereinafter referred to as “Tenant’s Work”) shall be performed by Tenant, at its sole cost and expense, in accordance with all the terms, covenants and conditions of this Lease, including without limitation, Articles 13 and 14 hereof, as if such Tenant’s Work was a “Tenant’s Change” as defined in Article 13. Landlord’s Work shall be deemed substantially complete notwithstanding the fact that minor or insubstantial details of construction, mechanical adjustment, or decoration remain to the performed, the noncompletion of w...
PREPARATION OF THE DEMISED PREMISES. 2.01. Tenant acknowledges that Tenant has inspected the demised premises, is fully familiar with the condition thereof and accepts the demised premises absolutely "as is". Landlord is to perform no work in readying the demised premises for Tenant's occupancy.
PREPARATION OF THE DEMISED PREMISES. 2.01 Tenant has examined the demised premises and agrees to accept the same in their condition and state of repair existing as of the date hereof subject to the representations and responsibilities of Landlord under this Lease and to normal wear and tear and to the removal therefrom by Landlord of the property of the existing tenant or occupant thereof, if any, and understands and agrees that Landlord shall not be required to perform any work, supply any materials or incur any expense to prepare the demised premises for Tenant's occupancy, except that Landlord, at Landlord's sole cost and expense, shall:
