Removal and Restoration by Tenant. All alterations, decorations, additions, installations and improvements made by Tenant, or made by Landlord on Tenant's behalf by agreement under this Lease, shall remain the property of Tenant for the term of the lease, and any extension or renewal thereof. Such alterations, decorations, additions, installations and improvements shall not be removed from the Leased Premises prior to the end of the term hereof without the prior written consent of Landlord. Upon expiration of this Lease, or any renewal term thereof, Tenant shall surrender possession of the Leased Premises to Landlord in the condition required pursuant to Section 1.2.03 and remove all alterations, decorations, additions, installations and improvements which are specific to Tenant's use of the Leased Premises as a bank (as opposed to another retail use) such as, by way of example and not limitation, automatic teller machines, vaults and drive-up facilities, repair all damage, and restore the Leased Premises as provided in Section 12.03 hereof. If Tenant fails to remove such alterations, decorations, additions, installations and improvements and restore the Leased Premises, then upon the expiration of this Lease, or any renewal thereof, and upon Tenant's vacating the Leased Premises, all such alterations, decorations, additions, installations and improvements shall, at Landlord's option, become the property of Landlord.
Removal and Restoration by Tenant. All alterations, changes and additions and all improvements, including leasehold improvements, made by Tenant, or made by Landlord on Tenant's behalf, 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. Any alterations, changes, additions and improvements shall immediately upon the termination 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. If Tenant fails to remove any shelving, decorations, equipment, trade fixtures or personal property from the Premises prior to the end of the Lease Term, they shall become Landlord's property and Tenant shall repair or pay for the repair of any damage done to the Premises resulting from removing same but not for painting or redecorating the Premises. Upon expiration of the Lease Term or prior termination of this Lease, Tenant shall have the right to remove any simulators or fixtures, whether or not attached to the Premises, (but not permanently affixed leasehold improvements) provided Tenant repairs any damage resulting from such removal.
Removal and Restoration by Tenant. (a) All Leasehold Improvements shall immediately become the property of the Landlord upon affixation or installation without compensation therefor to the Tenant, but the Landlord is under no obligation to repair, maintain or insure any Leasehold Improvements. Leasehold Improvements and trade fixtures shall not be removed from the Leased Premises either during or at the expiration or earlier termination of the Term except that:
Removal and Restoration by Tenant. All alterations, changes and additions and all improvements, including leasehold improvements, made by Tenant, or made by Landlord on Tenant's behalf, 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. Any alterations, changes, additions and improvements shall immediately upon the termination 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 unless Landlord requests Tenant to remove the same. If Tenant fails to remove any shelving, decorations, equipment, trade fixtures or personal property from the premises prior to the end of this Lease Term, they shall become Landlord's property.
Removal and Restoration by Tenant. All lighting fixtures and air conditioning equipment, any and all alterations, decorations, additions or trade fixtures, other than attached movable trade fixtures improvements and decorations installed or paid for by the Tenant or made by the Landlord on the Tenant's behalf by agreement under this lease shall, upon the expiration or earlier termination of this lease, become the sole property of the Landlord, Such alterations, decorations, additions, improvement and trade fixtures, shall not be removed from the premises prior to the end of the term hereof without the prior consent in writing from the Landlord.
Removal and Restoration by Tenant. (a) All alterations, decorations, additions, erections, fixtures, improvements and appurtenances made by the Tenant, or made by the Landlord on the Tenant's behalf (other than the Tenant's trade fixtures), in, on, to, for or which serve the Premises, shall immediately become the property of the Landlord upon affixation or installation, without compensation therefor to the Tenant. Such alterations, decorations, additions, erections, fixtures, improvements and appurtenances shall not be removed from the Premises either during or at the expiration or earlier of this Lease except that:
Removal and Restoration by Tenant. (a) As provided for elsewhere in this Lease, the Tenant accepts that, except for the Tenant’s moveable trade fixtures, any repairs, alterations, leasehold improvements (which shall include but not be limited to demising walls within the Leased Premises, doors, ceilings, lighting and plumbing fixtures, floor coverings etc), additions, decorations, and fixtures (hereafter collectively referred to as the “Alterations” and which shall include all work done within the Premises after the signing of the Lease or at any time during the term of the Lease or any renewal thereof whether such Alterations are being done by the Tenant, its contractors or by the Landlord on behalf of the Tenant) shall, when made or installed in the Leased Premises, be and become the property of the Landlord without any payment or compensation to the Tenant being made and that unless specifically instructed, in writing, by the Landlord, the Tenant shall not remove any such Alterations from the Leased Premises either during or after the term of the Lease. Notwithstanding this, the Landlord shall be under no obligation to repair, maintain, or insure the Alterations. The Tenant also accepts that upon the termination of this Lease, whether at expiry or otherwise, the Landlord may, at its option, require the Tenant to remove all or part of such Alterations whether or not such Alterations were installed by the Tenant or any other person including but not limited to the Landlord on behalf of the Tenant) and to require the Tenant to repair any damage caused to the Leased Premises or the Building by such Alterations or removal. Alternatively, the Landlord may request that the Tenant pay to the Landlord at Lease expiry or termination, the amount of money estimated by the Landlord to perform the removal, restoration and /or replacement work required for the Tenant to comply with the Landlord’s surrender requirements as outlined herein. Such Landlord’s estimate must be either, at the Landlord’s sole discretion, based on bona fide, arms length, written quotes from reputable contractors and or an estimate from a certified engineer or architect chosen by the Landlord. The Tenant’s obligation to observe and perform this covenant shall survive the expiration or earlier termination of the Term. Should the Tenant fail to perform such repair or restoration work requested by the Landlord in accordance with provisions of the Lease, then the Landlord may do such work at the expense of the Tenant and collect fro...
Removal and Restoration by Tenant. Anything in this Lease to the contrary notwithstanding, all Tenant’s Work and any trade fixtures, equipment, machinery, goods and effects whenever installed or placed in, on or about the Leased Premises by Tenant, whether attached to the Leased Premises or not, shall remain the personal property of Tenant and shall be removable by Tenant, at Tenant’s election, from time to time, and also upon the Termination Date of the Initial Term or the Extension Term, as the case may be; provided, however, that Tenant shall repair, or cause to be repaired, at Tenant’s sole cost and expense, any damage to the Leased Premises caused by the removal of said additions and improvements, personal property, trade fixtures, equipment, machinery, goods and effects, and, provided further, that any additions or improvements remaining on the Leased Premises upon the Termination Date shall become the personal property of the Landlord and there shall be no obligation of Tenant to remove said additions and/or improvements. Notwithstanding the foregoing, Tenant specifically acknowledges its obligation to restore removed areas of the second floor in accordance with Paragraph 6 of the Agreement of Lease, and to remove all of Tenant’s personal property, trade fixtures, equipment, machinery, goods and effects upon the Termination Date.
Removal and Restoration by Tenant. All alterations, changes and --------------------------------- additions and all improvements, including Leasehold improvements made by Tenant, or made by Landlord on Tenant's behalf (all such items collectively referred to as "Tenant's Additions"), whether or not paid for wholly or in part by Landlord, shall remain Tenant's properly for the term of this Lease. Tenant's Additions (but not including items used primarily in the conduct of Tenant's business and commonly considered "trade fixtures") shall immediately upon the termination 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 term of this Lease without Landlord's prior written consent. Upon termination of the Lease, Tenant shall remove its trade fixtures and shall repair any damages to the Premises caused thereby.
Removal and Restoration by Tenant a) All alterations, decorations, additions and improvements made by the Tenant, or by the Landlord on the Tenant's behalf (other than the Tenant's Movable Trade Fixtures) shall immediately become the property of the Landlord without compensation therefore to the Tenant but the Landlord is under no obligation to repair, maintain or insure such alterations, decorations, additions or improvements. Such alterations, decorations, additions or improvements shall not be removed from the Premises either during or at the expiration or earlier termination of the Term except that: (i) the Tenant may during the Term in the usual or normal course of its business and with the prior written consent of the Landlord remove its Movable Trade Fixtures provided that such Movable Trade Fixtures have become excess for the Tenant's purposes or the Tenant is substituting new and similar Movable Trade Fixtures therefore, and provided that in each case, the Tenant is not in default under this Lease, and such removal is done at the Tenant's sole cost and expense; and, (ii) the Tenant shall, at the expiration of the Term, at its own cost, remove all its Movable Trade Fixtures, and such of its leasehold improvements and fixtures installed in the Premises as the Landlord by notice requires to be removed.
