Preparation of the Premises Clause Examples
The "Preparation of the Premises" clause outlines the responsibilities and requirements for readying a property before it is occupied or used by a tenant, contractor, or other party. Typically, this clause specifies which party must perform tasks such as cleaning, making repairs, ensuring utilities are operational, or completing any necessary modifications to meet agreed standards. For example, a landlord may be required to repaint walls, repair fixtures, or ensure compliance with safety codes before handing over the premises. The core function of this clause is to ensure that the premises are in an appropriate and agreed-upon condition at the start of occupancy or use, thereby preventing disputes and clarifying expectations between the parties.
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Preparation of the Premises. (A) Landlord shall perform Landlord's Work, as set forth in the Tenant Improvement Agreement annexed hereto as Exhibit C. Tenant agrees to comply with all of the terms and provisions of the Tenant Improvement Agreement.
(B) Landlord shall not be required to commence Landlord's Work unless (i) the parties shall have agreed upon the cost of Landlord's Additional Work, and (ii) said cost, less Landlord's Allowance, as defined in the Tenant Improvement Agreement, is paid to Landlord.
(C) Landlord shall give Tenant ten (10) days' written notice of the anticipated date of substantial completion of Landlord's Work, and Tenant shall have the right during said ten-day period to enter into the Premises for the purpose of installing its personal property and equipment and otherwise preparing the Premises for its occupancy. During said ten-day period, (i) neither Tenant nor its agents or employees shall interfere with Landlord's Work or with any other work being done by Landlord and Landlord's agents and employees in other parts of the Building, (ii) Tenant shall comply with all reasonable rules and regulations promulgated by Landlord, its agents or employees, (iii) the labor employed by Tenant shall be harmonious and compatible with the labor employed by Landlord in the Building, it being agreed that if in Landlord's judgment such labor is incompatible, Tenant shall forthwith upon Landlord's demand withdraw Tenant's labor from the Premises, (iv) Tenant shall procure and deliver to Landlord workmen's compensation, public liability, property damage and such other insurance policies, in such amounts, as shall be reasonably acceptable to Landlord in connection with the preparation work being done by Tenant in the Premises, and shall cause Landlord to be named as an insured thereunder, and (v) all the terms, provisions and agreements of this Lease, except for the obligation to pay Rent, shall apply.
Preparation of the Premises. (a) Tenant shall, at its sole cost and expense, arrange for ▇▇▇▇▇/▇▇▇▇▇▇ Associates, Inc. (the "TENANT'S ARCHITECT") to prepare, at Tenant's sole cost and expense, plans and specifications for the interior finish and layout of the initial improvements (the "INITIAL WORK") which Tenant desires to have performed in the Premises (the "PLANS"). Notwithstanding any provision herein to the contrary, the interior and exterior test pits to be reflected on the Plans (the "TESTS PITS") shall not comprise part of the Initial Work, but shall be Alterations installed by Tenant, at its sole cost and expense, pursuant to SECTION 6.
Preparation of the Premises. LESSOR’S WORKS
Preparation of the Premises. LESSEE shall have prepared, at its sole cost and expense, plans, ("LESSEE'S Plans") for improvements to be made in the Premises and adjacent areas of the Building to prepare the Premises for LESSEE'S occupancy. Upon completion of LESSEE'S Plans, LESSEE shall submit the same to LESSOR for LESSOR'S approval, which approval shall not be unreasonably delayed or withheld. To the extent that LESSOR does not disapprove LESSEE'S Plans in writing, and provide specific remedies that will make LESSEE' Plans acceptable, within five (5) Business Days after submission of the same by LESSEE, LESSOR shall be conclusively deemed to have approved LESSEE'S Plans. Promptly after approval of LESSEE'S Plans, LESSOR shall exercise all reasonable efforts to complete, at its sole cost and expense the work specified in LESSEE'S Plans. The work shall collectively be referred to as "LESSOR'S Work." LESSEE shall have no claim against LESSOR for failure so to complete such work.
Preparation of the Premises. (a) Tenant acknowledges that it has inspected the Premises, that Landlord has made no representations or warranties whatsoever respecting the condition thereof or otherwise and that, except as may be expressly provided to the contrary in the Work Schedule, Landlord has no obligation or duty to make any alterations, improvements or repairs whatsoever in and to the Premises to make same ready for Tenant's use and occupancy and Tenant takes and accepts the Premises in their present "as is" condition. By occupying the Premises, Tenant shall be deemed conclusively to have accepted the Premises as complying fully with Landlord's covenants and obligations.
(b) Initial improvements to the Premises, if any, shall be governed by the Work Schedule.
(c) If the installation of improvements in the Premises causes an increase in the ad valorem taxes levied or assessed on the Building, Tenant shall reimburse any such increase to Landlord within thirty (30) days following written demand by Landlord as contemplated by Section 3.4(c).
(d) Within thirty (30) days after the Commencement Date, Tenant will execute and deliver to Landlord the Commencement Date Agreement.
Preparation of the Premises. Tenant shall accept the Premises in its "as is" condition as of the Term Commencement Date, and Landlord shall have no obligation to perform any work or construction to prepare the Premises for Tenant, except as defined in “Exhibit C”.
Preparation of the Premises. Landlord shall perform Landlord's Work as set forth in Exhibit E. All other work must be of a quality, equal to or better than the Building Standard Tenant Finishes. Landlord further agrees to do, at Tenant's request, any Special Work, Tenant shall pay the amount of Tenants Cost to Landlord as the work progresses. Landlord's work shall be completed in a good and workmanlike manner and in compliance with all Legal and Insurance Requirements
Preparation of the Premises. Except for the work to be performed by Landlord as expressly set forth and described in EXHIBIT I hereto ("Base Building Work"), the Premises shall be delivered to and accepted by Tenant "as is," in their then state of construction, finish and decoration, without any additional obligation on the part of Landlord to prepare or construct the Premises for Tenant's occupancy. Tenant acknowledges that the Premises are to be delivered in so-called "shell" condition and substantial work must be performed by Tenant before the Premises can be occupied by Tenant for the conduct of its business. All of such work necessary to prepare the Premises for Tenant's occupancy shall be performed by Tenant in accordance with the provisions of EXHIBIT C hereto including the obligation to obtain an amendment to the certificate of occupancy for the Building allowing occupancy and use of the Premises. Landlord shall cooperate with Tenant in its application for any certificate of occupancy including prompt execution of any necessary applications therefor or filings in connection therewith requested reasonably by Tenant. Notwithstanding the foregoing, Section 5.2(a) of this Lease and the provisions of this Lease setting forth Tenant's insurance obligations (i.e., Sections 10.2 and 10.3) shall not apply during the performance of Tenant's Work and such matters shall, during such time, be governed by the applicable provisions of EXHIBIT C hereto.
Preparation of the Premises. Except as provided in Exhibit B and C and subject to (i) Landlord’s obligation to complete the Landlord’s Work and deliver the Premises to Tenant with Building HVAC and all life safety systems in good working order and (ii) Landlord’s ongoing obligations for repairs and compliance with the ADA in the Common Areas, the Premises shall be leased in its present “as is” condition as of the date hereof, and Landlord shall have no obligation to perform any work or construction in the Premises to prepare it for Tenant’s occupancy.
Preparation of the Premises. (a) Landlord shall exercise all reasonable efforts to complete the work (collectively, “Landlord’s Work”) specified in the plans attached hereto as Exhibit A-l (“Plans”), but Tenant shall have no claim against Landlord for failure so to complete Landlord’s Work except the right to terminate this Lease in accordance with Section 3.2(d). Tenant agrees that Landlord may make any changes in Landlord’s Work from that shown on the Plans, upon prior written notice to Tenant for nonsubstantial changes and with the approval of Tenant (which approval shall not be unreasonably withheld or delayed) for substantial changes.