Improvements and Personal Property. Landlord may dispose of any Personal Property remaining on the Premises after the Expiry Date or date of earlier termination of this Lease in accordance with applicable statutes relating to the disposition of abandoned property. If no such statutes exist, Landlord may retain or dispose of such Personal Property and title to any such Personal Property which Landlord elects to retain shall vest in Landlord. Tenant waives all claims against Landlord for any damage or loss to Tenant arising out of Landlord’s retention or disposition of any such Personal Property as provided for in this Article 13 and shall be liable to Landlord for Landlord’s costs of removing, storing, and disposing of any such Personal Property which Tenant fails to remove from the Premises prior to the Expiry Date or date of earlier termination of this Lease, as well as all costs of restoring the Premises required as a result of removing such Personal Property. All Improvements (including any Attached Fixtures) shall become the property of Landlord upon the Expiry Date or date of earlier termination of this Lease.
Improvements and Personal Property. That certain building containing office and retail space and parking and consisting of approximately six hundred seventy thousand (670,000) square feet, more or less, along with all other buildings and other improvements, fixtures and structures of every kind presently owned by Seller and situated on or in the Real Property (the “Improvements”), and all of Seller’s right, title and interest in and to any and all tangible personal property that is (a) located at the Real Property, (b) owned by Seller, and (c) used in the operation and maintenance of the Real Property (the “Personal Property”).
Improvements and Personal Property. Lessee will be solely responsible for any risk of loss, damage to, or destruction of any of the improvements located upon the Premises and to Xxxxxx’s personal property located upon the Premises. Lessor shall not be responsible for any damage to or destruction of any improvements located upon the Premises or to any personal property of Lessee, its employees or invitees, or for any compensation or claim for inconvenience, loss of business, or annoyance arising from the Lessee’s loss of use of the Premises or any such personal property.
Improvements and Personal Property. Seller has good and marketable title to the Personal Property and the Improvements, and such Improvements and Personal Property are free of Liens. Except as set forth in this Agreement, the Improvements and Personal Property are being transferred "AS IS" AND WITH ALL FAULTS AND SELLER MAKES NO WARRANTY WITH RESPECT TO THE PHYSICAL CONDITION OF THE IMPROVEMENTS AND PERSONAL PROPERTY, OR TO THE MERCHANTABILITY OF SUCH IMPROVEMENTS AND PERSONAL PROPERTY OR FITNESS OF SUCH IMPROVEMENTS AND PERSONAL PROPERTY FOR ANY PARTICULAR PURPOSE.
Improvements and Personal Property. 12 5.2 Owner's Advances............................................................................... 12
Improvements and Personal Property. It is the intention of the parties that Owner will provide the Improvements and Personal Property necessary to operate the Property to the high quality standards recited herein. Therefore, Owner hereby agrees, at its expense, to (i) construct any additional improvements, renovations or reconfigurations deemed necessary by Owner and Operator for the development and operation of the Property, (ii) to furnish and equip same with the Personal Property, and provide any additional furniture, fixtures and equipment required for the operation of the Property, and (iii) to obtain and/or maintain all certificates of occupancy or other permits required for Operator to operate the Property. Both parties acknowledge that the funds allocated to the Capital Reserve shall be utilized first for additional repair and replacement expenditures to the Improvements and the Personal Property, and then for additional improvements. However, Owner acknowledges that it is responsible for all reasonable and necessary capital expenditures required for or on behalf of the Property if such expenditures have not been contemplated in an approved budget prepared by Operator in accordance with the provisions hereof and/or if there are insufficient funds in the Capital Reserve or insufficient Gross Receipts, Owner shall fund the costs required for said repairs, maintenance and capital expenditures as part of Owner's Advances.
Improvements and Personal Property. The buildings and all other improvements, structures, foundation, parking areas, sidewalks, utilities and fixtures of every kind and nature presently situated on, in or under or hereafter erected, installed or used in, on or about the Real Property (the "Improvements"), all furniture and personal property located on or used in connection with the operation of the Real Property (the "Tangible Personal Property"), all as-built plans, drawings and specifications for the Improvements, and all architectural, structural, mechanical, electrical, and landscaping plans and specifications, surveys, engineering studies and reports and applicable flood plain maps relating to the Property (collectively, the "Plans") and all of Seller's right, title and interest in any intangible personal property now or hereafter owned by Seller or used in connection with the ownership, use and operation of the Improvements, Real Property or Tangible Personal Property, including, without limitation, the right to use any trade name now used in connection with the Improvements, all warranties or guarantees received by Seller from any contractors, subcontractors, suppliers or materialmen in connection with any construction, repairs or alterations of the Improvements, licenses, franchises, permits, tenant lists, advertising materials and other similar property and rights relating to the ownership, use and operation of the Improvements, Real Property and Tangible Personal Property (collectively, "Intangible Property"). The Tangible Personal Property, Intangible Property, and the Plans shall be collectively referred to as the "Personal Property".
Improvements and Personal Property. 9 2.4 MEMORANDUM.................................................10 2.5
Improvements and Personal Property. Simultaneously herewith, Landlord is selling to Tenant all improvements and fixtures owned by Landlord located on the Real Property (the "IMPROVEMENTS"), all personal property and additional property interests located on and related to the Real Property and assigning all leases, service contracts and other agreements related to the Real Property pursuant to a Bill of Sale and Assignment of Related Property Rights (the "BILL OF XXXE AND ASSIGNMENT AGREEMENT"). To the extent that Landlord xxxnsfers any rights, such as zoning, site plan and subdivision approvals and related rights, Tenant shall cooperate in good faith with Landlord to transfer (pursuant to a document in similar form to the Bill of Sale and Assignment Agreement reasonably acceptable to the Pxxxxes) such rights and approvals back to Landlord to the extent necessary to achieve the Map Events upon Landlord's request, together with reasonable evidence of the necessity therefor.
Improvements and Personal Property. 23 5.06 Liens.................................... 24 5.07
