Common use of Risk and Loss of Tenant’s Personal Property Clause in Contracts

Risk and Loss of Tenant’s Personal Property. All of Tenant’s personal property which may at any time be in the Demised Premises shall be at Tenant’s sole risk, or at the risk of those claiming under Tenant. Landlord shall not be liable for any damage to said property or loss of business suffered by Tenant which may be caused by water from any source whatsoever including the bursting, overflowing, or leaking of sewer or steam pipes or from the heating or plumbing fixtures or from electric wires or from gas or odor or leaking of the fire suppression system. C) Fixtures and Furnishings Provided by Landlord. (Check one) ☐ Landlord shall provide the following fixtures and furnishings: (Check all that apply) ☐ Bathroom Fixtures ☐ Bookcases ☐ Commercial Stove ☐ Furniture ☐ Furnace ☐ Lighting ☐ Office Desks ☐ Showcases ☐ Other: ☐ Landlord shall NOT provide fixtures or furnishings. D) Personal Property Taxes of Tenant. (Check one) ☐ Landlord shall pay before delinquency all taxes assessed against Landlord’s fixtures, furnishings, equipment and stock-in-trade placed in or on the Demised Premises. ☐ Tenant shall pay before delinquency all taxes assessed against Landlord’s fixtures, furnishings, equipment and stock-in-trade placed in or on the Demised Premises. Any such taxes paid by Landlord shall become due and payable by Tenant within days after written notice from Landlord. Repairs and Maintenance. With respect to repair and maintenance obligations: A) Landlord’s Obligation to Repair and Maintain. Landlord shall be responsible for repairing and maintaining the Demised Premises in good condition and for making such modification or replacements thereof as may be necessary or required by law or ordinance, specifically for the following: (Check all that apply) ☐ Foundation and structural components of the building ☐ Exterior walls but excluding (windows, doors, window and door frames, plate glass) ☐ Roof, gutters and downspouts ☐ Parking lot ☐ Driveway ☐ Sidewalks ☐ Other: (Check or cross out) ☐ However, Tenant shall reimburse Landlord for any such maintenance, repairs, or replacements made necessary by any acts of Tenant. Landlord reserves and at all times shall have the right to enter the Demised Premises in any emergency and also during regular business hours upon advance written notice to inspect the same, and to repair the Demised Premises and any portion of the Real Property or Common Area, without abatement of Rent. B) Tenant’s Obligation to Repair and Maintain. All maintenance, repairs, or replacements relating to the Demised Premises which are not the obligation of Landlord shall be the obligation of Tenant and shall be made by Tenant at Tenant’s sole cost and expense. Tenant shall keep and maintain the Demised Premises in good repair and order at all times. Tenant shall be responsible for the maintenance, repair and replacement of the following: (Check all that apply) ☐ Heating, ventilation and air conditioning systems ☐ Plumbing ☐ Electrical systems ☐ The replacement of all broken glass and cracked glass relating to the interior or exterior of the demised premises ☐ Other:

Appears in 2 contracts

Samples: Business Lease Agreement, Godown Rent Agreement

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Risk and Loss of Tenant’s Personal Property. All of Tenant’s personal property which may at any time be in the Demised Premises shall be at Tenant’s sole risk, or at the risk of those claiming under Tenant. Landlord shall not be liable for any damage to said property or loss of business suffered by Tenant which may be caused by water from any source whatsoever including the bursting, overflowing, or leaking of sewer or steam pipes or from the heating or plumbing fixtures or from electric wires or from gas or odor or leaking of the fire suppression system. C) Fixtures and Furnishings Provided by Landlord. (Check one) ☐ Landlord shall provide the following fixtures and furnishings: (Check all that apply) ☐ Bathroom Fixtures ☐ Bookcases ☐ Commercial Stove ☐ Furniture ☐ Furnace ☐ Lighting ☐ Office Desks ☐ Showcases ☐ Other: ☐ Landlord shall NOT provide fixtures or furnishings. D) Personal Property Taxes of Tenant. (Check one) ☐ Landlord shall pay before delinquency all taxes assessed against Landlord’s fixtures, furnishings, equipment and stock-in-trade placed in or on the Demised Premises. ☐ Tenant shall pay before delinquency all taxes assessed against Landlord’s fixtures, furnishings, equipment and stock-in-trade placed in or on the Demised Premises. Any such taxes paid by Landlord shall become due and payable by Tenant within days after written notice from Landlord. Repairs and Maintenance. With respect to repair and maintenance obligations: A) Landlord’s Obligation to Repair and Maintain. Landlord shall be responsible for repairing and maintaining the Demised Premises in good condition and for making such modification or replacements thereof as may be necessary or required by law or ordinance, specifically for the following: (Check all that apply) ☐ Foundation and structural components of the building ☐ Exterior walls but excluding (windows, doors, window and door frames, plate glass) ☐ Roof, gutters and downspouts ☐ Parking lot ☐ Driveway ☐ Sidewalks ☐ Other: (Check or cross out) ☐ However, Tenant shall reimburse Landlord for any such maintenance, repairs, or replacements made necessary by any acts of Tenant. Landlord reserves and at all times shall have the right to enter the Demised Premises in any emergency and also during regular business hours upon advance written notice to inspect the same, and to repair the Demised Premises and any portion of the Real Property or Common Area, without abatement of Rent. B) Tenant’s Obligation to Repair and Maintain. All maintenance, repairs, or replacements relating to the Demised Premises which are not the obligation of Landlord shall be the obligation of Tenant and shall be made by Tenant at Tenant’s sole cost and expense. Tenant shall keep and maintain the Demised Premises in good repair and order at all times. Tenant shall be responsible for the maintenance, repair and replacement of the following: (Check all that apply) ☐ Heating, ventilation and air conditioning systems ☐ Plumbing ☐ Electrical systems ☐ The replacement of all broken glass and cracked glass relating to the interior or exterior of the demised premises ☐ Other:

Appears in 1 contract

Samples: Commercial Lease Agreement

Risk and Loss of Tenant’s Personal Property. All of Tenant’s personal property which may at any time be in the Demised Premises shall be at Tenant’s sole risk, or at the risk of those claiming under Tenant. Landlord shall not be liable for any damage to said property or loss of business suffered by Tenant which may be caused by water from any source whatsoever including the bursting, overflowing, or leaking of sewer or steam pipes or from the heating or plumbing fixtures or from electric wires or from gas or odor or leaking of the fire suppression system. C) Fixtures and Furnishings Provided by Landlord. (Check one) ☐ Landlord shall provide the following fixtures and furnishings: (Check all that apply) ☐ Bathroom Fixtures ☐ Bookcases ☐ Commercial Stove ☐ Furniture ☐ Furnace ☐ Lighting ☐ Office Desks ☐ Showcases ☐ Other: ☐ Landlord shall NOT provide fixtures or furnishings. D) Personal Property Taxes of Tenant. (Check one) ☐ Landlord shall pay before delinquency all taxes assessed against Landlord’s fixtures, furnishings, equipment and stock-in-trade placed in or on the Demised Premises. ☐ Tenant shall pay before delinquency all taxes assessed against Landlord’s fixtures, furnishings, equipment and stock-in-trade placed in or on the Demised Premises. Any such taxes paid by Landlord shall become due and payable by Tenant within days after written notice from Landlord. Repairs and Maintenance. With respect to repair and maintenance obligations: A) Landlord’s Obligation to Repair and Maintain. Landlord shall be responsible for repairing and maintaining the Demised Premises in good condition and for making such modification or replacements thereof as may be necessary or required by law or ordinance, specifically for the following: (Check all that apply) ☐ Foundation and structural components of the building ☐ Exterior walls but excluding (windows, doors, window and door frames, plate glass) ☐ Roof, gutters and downspouts ☐ Parking lot ☐ Driveway ☐ Sidewalks ☐ Other: (Check or cross out) ☐ However, Tenant shall reimburse Landlord for any such maintenance, repairs, or replacements made necessary by any acts of Tenant. Landlord reserves and at all times shall have the right to enter the Demised Premises in any emergency and also during regular business hours upon advance written notice to inspect the same, and to repair the Demised Premises and any portion of the Real Property or Common Area, without abatement of Rent. B) Tenant’s Obligation to Repair and Maintain. All maintenance, repairs, or replacements relating to the Demised Premises which are not the obligation of Landlord shall be the obligation of Tenant and shall be made by Tenant at Tenant’s sole cost and expense. Tenant shall keep and maintain the Demised Premises in good repair and order at all times. Tenant shall be responsible for the maintenance, repair and replacement of the following: (Check all that apply) ☐ Heating, ventilation and air conditioning systems ☐ Plumbing ☐ Electrical systems ☐ The replacement of all broken glass and cracked glass relating to the interior or exterior of the demised premises ☐ Other:advance

Appears in 1 contract

Samples: Godown Rent Agreement

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Risk and Loss of Tenant’s Personal Property. All of Tenant’s personal property which may at any time be in the Demised Premises shall be at Tenant’s sole risk, or at the risk of those claiming under Tenant. Landlord shall not be liable for any damage to said property or loss of business suffered by Tenant which may be caused by water from any source whatsoever including the bursting, overflowing, or leaking of sewer or steam pipes or from the heating or plumbing fixtures or from electric wires or from gas or odor or leaking of the fire suppression system. C) Fixtures and Furnishings Provided by Landlord. (Check one) ☐ Landlord shall provide the following fixtures and furnishings: (Check all that apply) ☐ Bathroom Fixtures ☐ Bookcases ☐ Commercial Stove ☐ Furniture ☐ Furnace ☐ Lighting ☐ Office Desks ☐ Showcases ☐ Other: ☐ Landlord shall NOT provide fixtures or furnishings. D) Personal Property Taxes of Tenant. (Check one) ☐ Landlord shall pay before delinquency all taxes assessed against Landlord’s fixtures, furnishings, equipment and stock-in-trade placed in or on the Demised Premises. ☐ Tenant shall pay before delinquency all taxes assessed against Landlord’s fixtures, furnishings, equipment and stock-in-trade placed in or on the Demised Premises. Any such taxes paid by Landlord shall become due and payable by Tenant within days after written notice from Landlord. Repairs and Maintenance. With respect to repair and maintenance obligations: A) Landlord’s Obligation to Repair and Maintain. Landlord shall be responsible for repairing and maintaining the Demised Premises in good condition and for making such modification or replacements thereof as may be necessary or required by law or ordinance, specifically for the following: (Check all that apply) ☐ Foundation and structural components of the building ☐ Exterior walls but excluding (windows, doors, window and door frames, plate glass) ☐ Roof, gutters and downspouts ☐ Parking lot ☐ Driveway ☐ Sidewalks ☐ Other: (Check or cross out) ☐ However, Tenant shall reimburse Landlord for any such maintenance, repairs, or replacements made necessary by any acts of Tenant. Landlord reserves and at all times shall have the right to enter the Demised Premises in any emergency and also during regular business hours upon advance written notice to inspect the same, and to repair the Demised Premises and any portion of the Real Property or Common Area, without abatement of Rent. B) Tenant’s Obligation to Repair and Maintain. All maintenance, repairs, or replacements relating to the Demised Premises which are not the obligation of Landlord shall be the obligation of Tenant and shall be made by Tenant at Tenant’s sole cost and expense. Tenant shall keep and maintain the Demised Premises in good repair and order at all times. Tenant shall be responsible for the maintenance, repair and replacement of the following: (Check all that apply) ☐ Heating, ventilation and air conditioning systems ☐ Plumbing ☐ Electrical systems ☐ The replacement of all broken glass and cracked glass relating to the interior or exterior of the demised premises ☐ Other:: C) Remodeling. Tenant shall not do the following: (Check all that apply) ☐ Paint, decorate, or in any way change the exterior (or the appearance) of the Demised Premises without prior written consent of Landlord. ☐ Remodel, make additions, alterations or structural changes to the interior of the Demised Premises without prior written consent of Landlord, which consent will not be unreasonably withheld; however, the Tenant is permitted to paint and decorate the interior of the Demised Premises without prior consent of Landlord. ☐ Enter upon the roof or install or place any equipment, lines, wires, displays, advertising or anything else whatsoever thereon without the prior written consent of Landlord, which consent may be denied, conditioned or withheld at Landlord’s sole discretion. D) No Liens Permitted. No person shall ever be entitled to any lien, directly or indirectly, derived through or under Tenant, or through or under any act or omission of Tenant, upon the Demised Premises, or any improvements now or hereafter situated thereon, or upon any insurance policies taken out upon the Demised Premises, or the proceeds thereof, for or on account of any labor or materials furnished to the Demised Premises, or for or on account of any matter or thing whatsoever; and nothing in this Agreement contained shall be construed to constitute a consent by Landlord to the creation of any lien. In the event that any such lien shall be filed, Tenant shall cause such lien to be released within days after actual notice of the filing thereof, or shall within such time certify to Landlord that Tenant has a valid defense to such claim and such lien and furnish to Landlord a bond, satisfactory to Landlord, indemnifying Landlord against the foreclosure of such lien. In addition to any other remedy herein granted, upon failure of Tenant to discharge such lien or to post a bond indemnifying Landlord against foreclosure of any such lien as above provided, Landlord, after notice to Tenant, may discharge such lien, and all expenditures and costs incurred thereby, with interest thereon, shall be payable as further Rent hereunder at the next Rent payment date. Insurance and Indemnification. With respect to insurance and indemnification: A) Tenant’s Public Liability and Property Damage Insurance. Tenant shall purchase and maintain public liability and property damage insurance insuring against loss, cost and expense by reason of injury to or the death of persons or damage to or the destruction of property arising out of or in connection with the occupancy or use by Tenant, its employees, agents and assigns, of the Demised Premises and/or the Common Area, such insurance (☐ to include Landlord as an additional Insured, to be carried with an insurer and) to have: (Check one) ☐ A minimum aggregate policy in the amount of no less than $ ☐ Limits of liability of not less than $ per occurrence on a combined single limit basis and a deductible no greater than $ . B) Certificate of Insurance. Tenant shall furnish to Landlord a certificate of insurance evidencing such coverage which provides that such policies may not be canceled on less than days prior written notice to Landlord. Should Tenant fail to carry the insurance required herein and furnish Landlord with the policies or certificates of insurance after a request to do so, Landlord shall have the right to obtain such insurance and collect the cost thereof from Tenant as additional Rent. C)

Appears in 1 contract

Samples: Commercial Lease Agreement

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