Common use of REPAIRS AND IMPROVEMENTS Clause in Contracts

REPAIRS AND IMPROVEMENTS. Repairs, replacements and general maintenance for the Premises, Building and Project (except for those repairs expressly made the financial responsibility of Landlord pursuant to the terms of this Lease, repairs to the extent paid for by proceeds of insurance or by Tenant or other third parties, and alterations attributable solely to tenants of the Project other than Tenant). Such repairs, replacements, and general maintenance shall include the cost of any capital improvements made to or capital assets acquired for the Project, Building, or Premises after the Term Commencement Date that reduce any other Basic Operating Cost, are reasonably necessary for the health and safety of the occupants of the Project, or are made to the Building by Landlord after the date of this Lease and are required under any governmental law or regulation, such costs or allocable portions thereof to be amortized over such reasonable period as Landlord shall determine, together with interest on the unamortized balance at the "prime rate" charged at the time such improvements or capital assets are constructed or acquired by Xxxxx Fargo Bank, N.A. (San Francisco), plus two (2) percentage points, but in no event more than the maximum rate permitted by law.

Appears in 2 contracts

Samples: Lease (Spectrian Corp /Ca/), Depomed Inc

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REPAIRS AND IMPROVEMENTS. Repairs, replacements and general maintenance for the Premises, Building and Project (except for those repairs expressly made the financial responsibility of Landlord pursuant to the terms of this Lease, repairs to the extent paid for by proceeds of insurance or by Tenant or other third parties, and alterations attributable solely to tenants of the Project other than Tenant). Such repairs, replacements, replacements and general maintenance shall include the cost of any capital improvements made to or capital assets acquired for the Project, Building, Building or Premises before or after the Term Commencement Date that reduce any other Basic Operating Cost, are reasonably necessary for the health and safety of the occupants of the Project, or are made to the Project, Building or Premises by Landlord before or after the date of this Lease and are required under any governmental law or regulationRegulation, such costs or allocable portions thereof to be amortized over such reasonable period as Landlord shall determine, together with interest on the unamortized balance at the "β€œprime rate" ” charged by Wxxxx Fargo Bank, N.A. (San Francisco) at the time such improvements or capital assets are constructed or acquired by Xxxxx Fargo Bank, N.A. (San Francisco)acquired, plus two (2) percentage points, but in no event more than the maximum rate permitted by law.

Appears in 1 contract

Samples: Lease (Dragonfly Energy Holdings Corp.)

REPAIRS AND IMPROVEMENTS. Repairs, replacements and general maintenance for the Premises, Building and Project (except for those repairs expressly made the financial responsibility of Landlord pursuant to the terms of this Lease, repairs to the extent paid for by proceeds of insurance or by Tenant or other third parties, and alterations attributable solely to tenants of the Project other than Tenant). Such repairs, replacements, and general maintenance shall include the cost of any capital improvements made to or capital assets acquired for the Project, Building, or Premises after the Term Commencement Date that reduce any other Basic Operating Cost, are reasonably necessary for the health and safety of the occupants of the Project, Project or are made to the Building by Landlord after the date of this Lease and are required under any governmental law or regulation, such costs or allocable portions thereof to be amortized over such reasonable period as Landlord shall determine, determine together with interest on the unamortized balance at the "prime rate" charged at the time such improvements or capital assets are constructed or acquired by Xxxxx Wells Fargo Bank, N.A. (San Xan Francisco), plus two (2) percentage points, but in no event more than the maximum rate permitted by law.

Appears in 1 contract

Samples: Sublease (Spectrian Corp /Ca/)

REPAIRS AND IMPROVEMENTS. Repairs, replacements and general maintenance for the Premises, Building and Project (except for those repairs expressly made the financial responsibility of Landlord pursuant to the terms of this Lease, repairs to the extent paid for by proceeds of insurance or by Tenant or other third parties, and alterations attributable solely to tenants of the Project other than Tenant). Such repairs, replacements, and general maintenance shall include the cost of any capital improvements made to or capital assets asset acquired for the Project, Building, Building or Premises after the Term Commencement Date that reduce any other Basic Operating Cost, are reasonably necessary for the health and an safety of the occupants of the Project, or are made to the Building Building, by Landlord after the date of this Lease and are required under any governmental law or regulation, such costs or allocable portions thereof to be amortized over such reasonable period as a Landlord shall determine, together with interest on the unamortized balance at the "prime rate" charged at as the time such improvements or capital assets are constructed or acquired by Xxxxx Fargo Bank, N.A. (San Francisco), plus two (2) percentage points, but in no event more than the maximum rate permitted by law.. (4)

Appears in 1 contract

Samples: Worldwide Manufacturing Usa Inc

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REPAIRS AND IMPROVEMENTS. Repairs, replacements and general maintenance for the Premises, Building and Project (except for those repairs or improvements expressly made the financial responsibility of Landlord pursuant to the terms of this Lease, repairs to the extent paid for by proceeds of insurance or by Tenant or other third parties, and alterations attributable solely to tenants of the Project other than Tenant). Such repairs, replacements, and general maintenance shall include the cost of any capital improvements made to or capital assets acquired for the Project, Building, or Premises after the Term Commencement Date that reduce any other Basic Operating Cost, are reasonably necessary for the health and safety of the occupants of the Project, or are made to the Building by Landlord after the date of this Lease and are required under any governmental law or regulation, such costs or allocable portions thereof to be amortized over such reasonable period as Landlord shall determine, together with interest on the unamortized balance at the "prime rate" charged at the time such improvements or capital assets are constructed or acquired by Xxxxx Fargo BankBank of America, N.A. N. T. S. A. (San Francisco), plus two (2) percentage points, but in no event more than the maximum rate permitted by law.

Appears in 1 contract

Samples: Conceptus Inc

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