Common use of Repairs by Lessor Clause in Contracts

Repairs by Lessor. Unless otherwise stipulated herein, Lessor shall not be required to make any improvements to or repairs of any kind or character on the Premises during the term of this lease, except such repairs as may be deemed necessary by Lessor for normal maintenance operations. The obligation of Lessor to maintain and repair the Premises shall be limited to building standard items. Special leasehold improvements shall, at Lessee’s written request, be maintained by Lessor at Lessee’s expense, at a cost or charge equal to the costs incurred in such maintenance plus an additional charge to cover overhead, not to exceed fifteen percent (15%).

Appears in 2 contracts

Samples: Lease Agreement (Dexterity Surgical Inc), Lease Agreement (Dexterity Surgical Inc)

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Repairs by Lessor. Unless otherwise stipulated herein, Lessor shall not be required to make any improvements to or repairs of any kind or character on the Premises during the term of this lease, except such repairs as may be deemed necessary by Lessor for normal maintenance operations. The obligation of Lessor to maintain and repair the Premises shall be limited to building standard items. Special leasehold improvements shall, at Lessee’s 's written request, be maintained by Lessor at Lessee’s 's expense, at a cost or charge equal to the costs incurred in such maintenance plus an additional charge to cover overhead, not to exceed fifteen percent overhead NOT TO EXCEED FIFTEEN PERCENT (15%).

Appears in 2 contracts

Samples: Lease Agreement (Pinnacle Global Group Inc), Lease Agreement (Tanknology Environmental Inc /Tx/)

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