Landlords Maintenance definition
Examples of Landlords Maintenance in a sentence
Section 7.1 Tenant's Maintenance and Repair Section 7.2 Landlord's Maintenance and Repair Section 7.3 Alterations Section 7.4 Mechanic's Liens Section 7.5 Entry and Inspection ARTICLE VIII.
Furthermore, if Landlord's Maintenance Costs cannot be verified due to the insufficiency or inadequacy of Landlord's records, then Landlord shall pay the cost of the audit.
Subtenant shall at all times and at its own expense clean, keep and maintain in good order, condition and repair every part of the Premises (including Subtenant's trade fixtures and personal property) which is not within Landlord's Maintenance Obligation pursuant to Section 8A.
REPAIRS AND MAINTENANCE Landlord's Maintenance and Repair Obligation.
As additional rent, Tenant shall reimburse Landlord for Tenant's Share of the costs and expenses reasonably incurred by Landlord after the Commencement Date to discharge its repair and obligations under this Lease with respect to the Common Area (see paragraph 9) and with respect to the Building (see paragraph 11) (collectively referred to herein as "Landlord's Maintenance Expenses").
The expenses and costs of every kind and nature paid or incurred by Landlord in performing such maintenance and repairs are hereinafter called "Landlord's Maintenance Costs." In no event shall development costs of Landlord constitute Landlord's Maintenance Costs.
A - Office Building B - Premises C - Operating Costs D - Landlord's Maintenance Obligations E - Utilities F - Tenant Improvements PLACE RENAISSANCE, LTD.
Subject to paragraph 10.A, Costs which --------------------- are properly capitalized under generally accepted accounting principles, except to the extent that (i) Landlord's Maintenance Expenses otherwise payable by Tenant under the Lease are reduced and (ii) Tenant's share of such Landlord's Maintenance Expense is based upon an equitable amortization of the cost of such item over its useful life.
Said additional rent shall, with respect to the Operating Year during which the term of this Lease is to expire, be apportioned such that Tenant shall pay that proportion of Landlord's Maintenance Costs as shall be equal to the portion of the term of this Lease falling within the Operating Year bears to the full Operating Year.
As between Sublandlord and Subtenant, Sublandlord shall be responsible for performance of Landlord's Maintenance Obligations if Landlord fails to do so and shall be entitled to charge Subtenant the cost of such work to the same extent as Landlord under the Master Lease and on the terms and conditions of this Sublease.