Landlord’s Property. All Leasehold Improvements shall become Landlord’s property upon installation and without compensation to Tenant. Notwithstanding the foregoing, Tenant, before the expiration or earlier termination hereof, at its expense, and except as otherwise notified by Landlord, shall remove any Tenant-Insured Improvements (other than any Unit, which shall be governed by Section 25.5), repair any resulting damage to the Premises or Building, and restore the affected portion of the Premises to its configuration and condition existing before the installation of such Tenant-Insured Improvements. If Tenant fails to timely perform any work required to be performed by Tenant under the preceding sentence, Landlord may perform such work at Tenant’s expense. If, when it requests Landlord’s approval of any Tenant Improvements or Alterations, Tenant specifically requests that Landlord identify any such Tenant Improvements or Alterations that Landlord will require to be removed pursuant to this Section 8, Landlord shall do so when it provides such approval. Nothing herein shall be deemed to (a) transfer to Landlord ownership of any of Tenant’s trade fixtures, furniture, equipment or other personal property installed in the Premises (“Tenant’s Property”), or (b) prohibit Tenant from removing Tenant’s Property from the Premises, provided that Tenant repairs all damage caused by its installation or removal.
Appears in 4 contracts
Samples: Office Lease (Nutanix, Inc.), Office Lease (Nutanix, Inc.), Office Lease (Nutanix, Inc.)
Landlord’s Property. All Leasehold Improvements shall become Landlord’s property upon installation and without compensation to Tenant. Notwithstanding the foregoing, Tenant, before the expiration or earlier termination hereof, at its expense, and except as otherwise notified by Landlord, shall remove if any Tenant-Insured Tenant- Requested Improvements (other than any Unit, which shall be governed by Section 25.5) are not, in Landlord’s reasonable judgment, Building-standard, then before the expiration or earlier termination hereof, Tenant shall, at Landlord’s election and at Tenant’s expense, and except as otherwise notified by Landlord, remove such Tenant-Requested Improvements (other than the Excluded Items, defined below), repair any resulting damage to the Premises or Building, and restore the affected portion of the Premises to its configuration and condition existing before the installation of such Tenant-Insured Requested Improvements. If Tenant fails to timely perform any work required to be performed by Tenant under the preceding sentence, Landlord may perform such work at Tenant’s expense. IfAs used herein, when it requests the term “Excluded Items” means the Tenant Improvement Work shown with reasonable specificity on the Approved Space Plan (as initially described in Section 2.3 of Exhibit B hereto). When Landlord approves any Tenant-Requested Improvements or Alterations (or, in the case of any Tenant-Requested Improvements or Alterations not requiring Landlord’s approval of any Tenant Improvements or Alterationshereunder, Tenant specifically requests that within 10 business days after Tenant’s request), Landlord shall identify any such Tenant Tenant-Requested Improvements or Alterations that Landlord will require to be removed pursuant to this Section 8that, Landlord shall do so when it provides such approval. Nothing herein shall be deemed to (a) transfer to Landlord ownership of any of Tenantin Landlord’s trade fixturesjudgment, furniture, equipment or other personal property installed in the Premises (“Tenant’s Property”), or (b) prohibit Tenant from removing Tenant’s Property from the Premises, provided that Tenant repairs all damage caused by its installation or removalare not Building-standard.
Appears in 3 contracts
Samples: Office Lease (Mirum Pharmaceuticals, Inc.), Office Lease (Mirum Pharmaceuticals, Inc.), Office Lease (Mirum Pharmaceuticals, Inc.)
Landlord’s Property. All Leasehold Improvements shall become Landlord’s property upon installation and without compensation to Tenant. Notwithstanding the foregoing, if any Tenant-Insured Improvements are not, in Landlord’s reasonable judgment, Building-standard, then before the expiration or earlier termination hereof, Tenant shall, at its Tenant’s expense, and except as otherwise notified by Landlord, shall remove any such Tenant-Insured Improvements (other than any Unit, which shall be governed by Section 25.5)Improvements, repair any resulting damage to the Premises or Building, and restore the affected portion of the Premises to its configuration and condition existing before the installation of such Tenant-Insured ImprovementsImprovements (or, at Landlord’s election, to a Building-standard tenant-improved condition as reasonably determined by Landlord; provided further, however, that notwithstanding the foregoing, upon request by Tenant at the time of Tenant’s request for Landlord’s consent to any Alteration or improvement, Landlord shall notify Tenant whether the applicable Alteration or improvement will be required to be removed pursuant to the terms of this Section 8. If Tenant fails to timely perform any work required to be performed by Tenant under the preceding sentence, Landlord may perform such work at Tenant’s expense. IfNotwithstanding anything set forth in this Lease to the contrary, when it requests Landlord’s approval of any Tenant shall not be obligated to remove the Tenant Improvements or Alterations, constructed by Tenant specifically requests that Landlord identify any in the Premises pursuant to the Work Letter to the extent such Tenant Improvements or Alterations that Landlord will require to be removed pursuant to this Section 8, Landlord shall do so when it provides such approval. Nothing herein shall be deemed to (a) transfer to Landlord ownership are a natural and logical extension of any of Tenant’s trade fixtures, furniture, equipment or other personal property installed in the Premises (“Tenant’s Property”), or (b) prohibit Tenant from removing Tenant’s Property from the Premises, provided that Tenant repairs all damage caused by its installation or removalApproved Space Plans.
Appears in 2 contracts
Samples: Office Lease (Responsys Inc), Office Lease (Responsys Inc)
Landlord’s Property. All Leasehold Improvements shall become Landlord’s property upon installation and without compensation to Tenant. Notwithstanding the foregoing, Tenant, before the expiration or earlier termination hereof, at its expense, and except as otherwise notified by Landlord, shall remove if any Tenant-Insured Improvements (other than any Unit, which shall be governed by Section 25.5) are not, in Landlord’s reasonable judgment, Building-standard, then before the expiration or earlier termination hereof, Tenant shall, at Landlord’s election, either (a) at Tenant’s expense, and except as otherwise notified by Landlord, remove such Tenant-Insured Improvements (other than the Excluded Items (defined below)), repair any resulting damage to the Premises or Building, and restore the affected portion of the Premises to its configuration and condition existing before the installation of such Tenant-Insured ImprovementsImprovements (or, at Landlord’s election, to a Building-standard tenant-improved configuration and condition as determined by Landlord), or (b) pay Landlord an amount equal to the estimated cost of such work, as reasonably determined by Landlord. If Tenant fails to timely perform any work required to be performed by Tenant under clause (a) of the preceding sentence, Landlord may perform such work at Tenant’s expense. If, when it requests Landlord’s approval If Tenant provides Landlord with a reasonably specific description of any proposed Tenant Improvements or Alterations, Tenant specifically requests together with a specific request that Landlord identify any such Tenant Improvements or Alterations that Landlord will require to be removed pursuant to this Section 8that, Landlord shall do so in Landlord’s judgment, are not Building-standard, Landlord, within 15 business days after receiving such description and request (or, if Tenant, when it provides providing such approval. Nothing herein shall be deemed to (a) transfer to Landlord ownership of any of Tenant’s trade fixtures, furniture, equipment or other personal property installed in the Premises (“Tenant’s Property”), or (b) prohibit Tenant from removing Tenant’s Property from the Premises, provided that Tenant repairs all damage caused by its installation or removal.description and request,
Appears in 2 contracts
Samples: Office Lease (Medallia, Inc.), Office Lease (Medallia, Inc.)
Landlord’s Property. All Leasehold Improvements shall become Landlord’s property upon installation and without compensation to Tenant. Notwithstanding the foregoing, unless otherwise notified by Landlord, Tenant, at its expense and before the expiration or earlier termination hereof, at its expense, and except as otherwise notified by Landlord, shall (a) remove any Tenant-Insured Improvements Improvements, (other than any Unit, which shall be governed by Section 25.5), b) repair any resulting damage to the Premises or Building, and (c) restore the affected portion of the Premises to its configuration and condition existing before the installation of such Tenant-Insured Improvements. If Tenant fails to timely perform any work required to be performed by Tenant under the preceding sentence, Landlord may perform such work at Tenant’s expense. If, when it requests Landlord’s approval of any Tenant Improvements or Alterations, Tenant specifically requests that Landlord identify any such Tenant Improvements or Alterations that Landlord will require not be required to be removed pursuant to this Section 8the preceding sentence, Landlord shall do so when it provides such approval. Nothing herein shall be deemed If Tenant fails to (a) transfer to complete any removal, repair or restoration when required under this Section 8, Landlord ownership of any of may do so at Tenant’s trade fixturesexpense. Notwithstanding the foregoing, furniture, equipment or other personal property installed Tenant shall have no obligation to remove any improvements existing in the Premises (“Tenant’s Property”), or (b) prohibit as of the date Tenant from removing Tenant’s Property from the Premises, provided that Tenant repairs all damage caused by its installation or removaltakes possession thereof.
Appears in 2 contracts
Samples: Office Lease (Quinstreet, Inc), Office Lease (Quinstreet, Inc)
Landlord’s Property. All Leasehold Improvements shall become Landlord’s property upon installation and without compensation to Tenant. Notwithstanding the foregoing, Tenant, before the expiration or earlier termination hereof, at its expense, and except as otherwise notified by Landlord, shall remove if any Tenant-Insured Improvements (other than any Unit, which shall be governed by Section 25.5) are not, in Landlord’s reasonable judgment, Building-standard, then before the expiration or earlier termination hereof, Tenant shall, at Landlord’s election, either (a) at Tenant’s expense, and except as otherwise notified by Landlord, remove such Tenant-Insured Improvements (other than the Excluded Items (defined below)), repair any resulting damage to the Premises or Building, and restore the affected portion of the Premises to its configuration and condition existing before the installation of such Tenant-Insured ImprovementsImprovements (or, at Landlord’s election, to a Building-standard tenant-improved configuration and condition as determined by Landlord), or (b) pay Landlord an amount equal to the estimated cost of such work, as reasonably determined by Landlord. If Tenant fails to timely perform any work required to be performed by Tenant under clause (a) of the preceding sentence, Landlord may perform such work at Tenant’s expense. IfWhen Landlord approves any Tenant Improvements or Alterations (or, when it requests Landlord’s approval in the case of any Tenant Improvements or AlterationsAlterations not requiring Landlord’s approval hereunder, Tenant specifically requests that within 10 business days after Tenant’s request), Landlord shall identify any such Tenant Improvements or Alterations that Landlord will require to be removed pursuant to this that, in Landlord’s judgment, are not Building-standard. As used herein, “Excluded Items” means the Tenant Improvements shown with reasonable specificity on the Approved Space Plan (as initially described in Section 8, Landlord shall do so when it provides such approval. Nothing herein shall be deemed to (a) transfer to Landlord ownership 2.3 of any of Tenant’s trade fixtures, furniture, equipment or other personal property installed in the Premises (“Tenant’s Property”Exhibit B hereto), or (b) prohibit Tenant from removing Tenant’s Property from the Premises, provided that Tenant repairs all damage caused by its installation or removal.
Appears in 2 contracts
Samples: Office Lease (Graybug Vision, Inc.), Office Lease (Graybug Vision, Inc.)
Landlord’s Property. All Leasehold Improvements Landlord and Tenant hereby acknowledge and agree that all Alterations, improvements, and/or appurtenances which may be permanently installed in or about the Premises, from time to time, shall be at the sole cost of Tenant and shall be and become part of the Premises and the property of Landlord’s property upon installation and without compensation to Tenant. Notwithstanding ; provided, however, that notwithstanding the foregoing, Tenant, before the expiration or earlier termination hereof, at its expense, and except as otherwise notified by Landlord, shall Tenant may remove any Alterations, furniture, fixtures and/or equipment (regardless of whether the same is built-in or free standing) (which removal items shall include, but not be limited to, any of Tenant-Insured Improvements 's movable furniture, furnishings, trade fixtures and equipment at the Premises (other than any Unitcollectively, which shall be governed by Section 25.5"Tenant's Property"), repair provided Tenant repairs any resulting damage to the Premises or Building, caused by such removal and restore returns the affected portion of the Premises to its configuration and a condition existing before consistent with the installation of such Tenant-Insured ImprovementsBuilding Specifications (as hereinafter defined). If Tenant fails to timely perform any work required to be performed by Tenant under the preceding sentenceFurthermore, Landlord may perform may, by written notice to Tenant (provided such work notice is given to Tenant at the time of Landlord's consent to the subject Alterations), require Tenant, at Tenant’s 's expense. If, when it requests Landlord’s approval upon the expiration or sooner termination of any Tenant Improvements or Alterationsthis Lease, Tenant specifically requests that Landlord identify any such Tenant Improvements or Alterations that Landlord will require to be removed pursuant to this Section 8, Landlord shall do so when it provides such approval. Nothing herein shall be deemed to (ai) transfer to Landlord ownership of remove any of Tenant’s trade fixtures, furniture, equipment or other personal property installed non-general office use Alterations in the Premises (“Tenant’s Property”), or (b) prohibit Tenant from removing Tenant’s Property from the Premises, provided that Tenant repairs all damage caused by its installation or removaland (ii) return the affected portion of the Premises to a condition consistent with the Building Specifications.
Appears in 1 contract
Landlord’s Property. All Leasehold Improvements fixtures, equipment (other than telecommunications, computer, and office equipment, and movable trade fixtures referred to in Section 11.02), appurtenances, alterations, installations, additions, improvements and betterments attached to or built into the Demised Premises at the Lease Commencement Date during the Lease Term ("Fixtures"), shall not be removed by Tenant regardless of whether the Fixtures were installed by Tenant or at Tenant's expense, and shall become the property of Landlord’s property , and shall remain upon installation and without compensation to Tenantbe surrendered with the Demised Premises as a part thereof at the end of the Lease Term. Notwithstanding the foregoing, Tenant, upon notice to Tenant at least 30 days before the expiration last day of the Lease Term, Landlord may require Tenant to remove all or earlier termination hereofany part of any Fixtures or any other alterations made by Tenant to the Demised Premises other than the initial alterations and alterations for which Tenant requests consent unless at the time consent is given Landlord specified such alterations must be removed at the end of the Term in which event Tenant shall remove the foregoing from the Demised Premises before the end of the Lease Term, at its Tenant's expense, and except as otherwise notified by Landlord, shall remove any Tenant-Insured Improvements (other than any Unit, which shall be governed by Section 25.5), repair any resulting damage to the Premises or Building, and restore the affected portion of the Demised Premises to its configuration condition (reasonable wear and condition existing tear and casualty excepted) before the such installation of and repair any damage resulting from such Tenant-Insured Improvements. If Tenant fails to timely perform any work required to be performed by Tenant under the preceding sentence, Landlord may perform such work at Tenant’s expense. If, when it requests Landlord’s approval of any Tenant Improvements or Alterations, Tenant specifically requests that Landlord identify any such Tenant Improvements or Alterations that Landlord will require to be removed pursuant to this Section 8, Landlord shall do so when it provides such approval. Nothing herein shall be deemed to (a) transfer to Landlord ownership of any of Tenant’s trade fixtures, furniture, equipment or other personal property installed in the Premises (“Tenant’s Property”), or (b) prohibit Tenant from removing Tenant’s Property from the Premises, provided that Tenant repairs all damage caused by its installation or removal.
Appears in 1 contract
Samples: Agreement of Lease (Bion Environmental Technologies Inc)
Landlord’s Property. 8.5.1 All Leasehold Improvements Alterations, improvements, fixtures, equipment and/or appurtenances which may be installed or placed in or about the Premises, from time to time, shall be at the sole cost of Tenant and shall, except to the extent the same constitutes Tenant’s personal property, be and become the property of Landlord’s property upon installation and without compensation ; provided, however, that Landlord may, by written notice to Tenant. Notwithstanding Tenant given at the foregoingtime Landlord approves such Alterations or other improvements, require Tenant, before at Tenant’s expense, to remove such Alterations and/or improvements at the expiration or earlier termination hereof, at its expense, and except as otherwise notified by Landlord, shall remove any Tenant-Insured Improvements (other than any Unit, which shall be governed by Section 25.5)of this Lease, repair any resulting damage to the Premises or Buildingcaused by such removal, and restore return the affected portion of the Premises to its configuration and substantially the condition existing before prior to the installation of such TenantAlterations or improvements or, at Landlord’s election, to a building-Insured Improvementsstandard tenant improved condition as reasonably determined by Landlord. If Tenant fails to timely perform any work required to be performed by Tenant under Notwithstanding the preceding sentenceforegoing, however, Landlord may perform such work at agrees that, unless the same are made in connection with Tenant’s expense. If, when it requests Landlord’s approval subleasing of less than the entirety of the Premises or otherwise separately demising any Tenant Improvements or Alterations, Tenant specifically requests that Landlord identify any such Tenant Improvements or Alterations that Landlord will require to be removed pursuant to this Section 8, Landlord shall do so when it provides such approval. Nothing herein shall be deemed to (a) transfer to Landlord ownership portion of any of Tenant’s trade fixtures, furniture, equipment or other personal property installed in the Premises (“Tenant’s Property”i.e., creating a multi-tenant Building) (in which event, Landlord reserves all rights hereunder), or (b) prohibit Tenant from removing Tenant’s Property from any Alterations and/or improvements that constitute customary general office improvements to the interior of the Premises, provided that and result in a customary general office layout (i.e., improvements and a layout usable by a typical office tenant, without significant demolition or other alterations), all as reasonably determined by Landlord, shall not be required to removed by Tenant repairs all damage caused by its installation at the expiration or removalearlier termination of this Lease.
Appears in 1 contract
Samples: Office Lease (KBS Real Estate Investment Trust II, Inc.)
Landlord’s Property. All Leasehold Improvements shall become Landlord’s property upon installation and without compensation to Tenant. Notwithstanding the foregoing, Tenant, before the expiration or earlier termination hereof, at its expense, and except as otherwise notified by Landlord, shall remove if any Tenant-Insured Improvements (other than any Unit, which shall be governed by Section 25.5)) are not, in Landlord’s reasonable judgment, typical office improvements, then before the expiration or earlier termination hereof, Tenant (at Tenant’s expense) shall remove such Tenant-Insured Improvements, repair any resulting damage to the Premises or Building, and restore the affected portion of the Premises to its configuration and condition existing before the installation of such Tenant-Insured Improvements. If Tenant fails to timely perform any work required to be performed by Tenant under the preceding sentence, Landlord may perform such work at Tenant’s expense. IfWhen Landlord approves any Tenant Improvements or Alterations (or, when it requests Landlord’s approval in the case of any Tenant Improvements or AlterationsAlterations not requiring Landlord’s approval hereunder, Tenant specifically requests that within 10 business days after Tenant’s request), Landlord shall identify any such Tenant Improvements or Alterations that Landlord will require to that, in Landlord’s judgment, are not typical office improvements (and therefore must be removed by Tenant pursuant to this Section 8, Landlord shall do so when it provides such approval. Nothing herein shall be deemed to (a) transfer to Landlord ownership of any of Tenant’s trade fixtures, furniture, equipment or other personal property installed in the Premises (“Tenant’s Property”), or (b) prohibit Tenant from removing Tenant’s Property from the Premises, provided that Tenant repairs all damage caused by its installation or removal8).
Appears in 1 contract
Samples: Office Lease (Qualys, Inc.)
Landlord’s Property. All Leasehold Improvements shall become Landlord’s property upon installation and without compensation to Tenant. Notwithstanding the foregoing, Tenant, unless otherwise notified by Landlord before the expiration or earlier termination hereof, Tenant, at its expense, and except as otherwise notified by Landlord, shall (a) remove any Tenant-Insured Improvements Alterations, (other than any Unit, which shall be governed by Section 25.5), b) repair any resulting damage to the Premises or Building, and (c) restore the affected portion of the Premises to its configuration and condition existing before the installation of such TenantAlterations (or, at Landlord’s election, to a building-Insured Improvementsstandard tenant-improved condition as determined by Landlord). If Tenant fails to timely perform any work required to be performed by Tenant under the preceding sentencecomplete such removal, repair or restoration when required, Landlord may perform such work do so at Tenant’s expense. IfFor the avoidance of doubt, when it requests Landlord’s approval of any Tenant shall not be required to remove the Tenant Improvements or Alterationsconstructed pursuant to Exhibit B. In addition, Tenant specifically requests may request in writing at the time it submits its plans and specifications for an Alteration, that Landlord identify any such advise Tenant Improvements or Alterations that whether Landlord will require Tenant to be removed pursuant to remove, at the expiration or earlier termination of this Section 8Lease, such Alteration or any particular portion thereof and Landlord shall do so when it provides advise Tenant within ten (10) days after receipt of Tenant’s request as to whether Landlord will require removal. Landlord’s failure to respond within such approval. Nothing herein ten (10) day period shall be deemed to (a) transfer to be a notice by Landlord ownership that removal of any of Tenant’s trade fixtures, furniture, equipment or other personal property installed in the Premises (“Tenant’s Property”), or (b) prohibit Tenant from removing Tenant’s Property from the Premises, provided that Tenant repairs all damage caused by its installation or removalsuch Alteration shall not be required.
Appears in 1 contract
Landlord’s Property. All Leasehold Alterations, Improvements and fixtures which may be made, installed or placed in or about the Premises from time to time, shall be at the sole cost of Tenant and shall be and become the property of Landlord’s property ; however, Landlord may, by written notice to Tenant at the time of Landlord's consent to any Improvements or Alterations (provided Tenant requests that Landlord make such determination at the time of Tenant's request for consent) or in the case of Cosmetic Alterations, by written notice to Tenant within ten (10) business days after Landlord's receipt of Tenant's notice of such Cosmetic Alterations (including cabling) (provided Tenant requests that Landlord make such determination at the time of Tenant's notice), or given upon installation any earlier termination of this Lease, require Tenant at Tenant's expense to remove any such Alterations or fixtures and/or the Improvements constructed pursuant to Exhibit B if applicable. If Tenant fails to complete such removal and/or to repair any damage caused by the removal of any Alterations or Improvements which Tenant is obligated to remove pursuant to the terms of this Lease, Landlord may do so and without compensation may charge the reasonable cost of such removal to Tenant. Notwithstanding the foregoing, Tenant, before This Section 8.3 shall survive the expiration or earlier termination hereof, at its expense, and except as otherwise notified by Landlord, shall remove any Tenant-Insured Improvements (other than any Unit, which shall be governed by Section 25.5), repair any resulting damage to the Premises or Building, and restore the affected portion of the Premises to its configuration and condition existing before the installation of such Tenant-Insured Improvements. If Tenant fails to timely perform any work required to be performed by Tenant under the preceding sentence, Landlord may perform such work at Tenant’s expense. If, when it requests Landlord’s approval of any Tenant Improvements or Alterations, Tenant specifically requests that Landlord identify any such Tenant Improvements or Alterations that Landlord will require to be removed pursuant to this Section 8, Landlord shall do so when it provides such approval. Nothing herein shall be deemed to (a) transfer to Landlord ownership of any of Tenant’s trade fixtures, furniture, equipment or other personal property installed in the Premises (“Tenant’s Property”), or (b) prohibit Tenant from removing Tenant’s Property from the Premises, provided that Tenant repairs all damage caused by its installation or removalLease.
Appears in 1 contract
Samples: Office Lease (INX Inc)
Landlord’s Property. All Leasehold Improvements shall become Landlord’s property upon installation and without compensation to Tenant. Notwithstanding Alterations, improvements, fixtures and/or equipment which may be installed or placed in or about the foregoing, Tenant, before the expiration or earlier termination hereof, at its expensePremises, and all signs installed in, on or about the Premises, from time to time, shall be at the sole cost of Tenant and, except as otherwise notified expressly provided in this Lease, shall be and become the property of Landlord, except that Tenant may remove any Alterations, improvements, fixtures and/or equipment which Tenant can substantiate to Landlord have not been paid for with any Tenant improvement allowance funds provided to Tenant by Landlord, shall remove provided Tenant repairs any Tenant-Insured Improvements (other than any Unit, which shall be governed by Section 25.5), repair any resulting damage to the Premises and Building caused by such removal. If Landlord, as a condition to Landlord’s consent to any Alteration, requires that Tenant remove any Alteration upon the expiration or Building, and restore the affected portion early termination of the Lease Term, Landlord may, by written notice to Tenant prior to the end of the Lease Term, or given following any earlier termination of this Lease, require Tenant, at Tenant’s expense, to remove such Alterations and to repair any damage to the Premises to its configuration and condition existing before the installation of Building caused by such Tenant-Insured Improvementsremoval. If Tenant fails to timely perform complete such removal and/or to repair any work required to be performed damage caused by Tenant under the preceding sentenceremoval of any Alterations, Landlord may perform such work at Tenant’s expense. If, when it requests Landlord’s approval of any Tenant Improvements or Alterations, Tenant specifically requests that Landlord identify any such Tenant Improvements or Alterations that Landlord will require to be removed pursuant to this Section 8, Landlord shall do so when it provides such approval. Nothing herein and Tenant shall be deemed to (a) transfer to reimburse Landlord ownership for the cost thereof, as an obligation which shall expressly survive termination of any of Tenant’s trade fixtures, furniture, equipment or other personal property installed in the Premises (“Tenant’s Property”), or (b) prohibit Tenant from removing Tenant’s Property from the Premises, provided that Tenant repairs all damage caused by its installation or removalthis Lease.
Appears in 1 contract
Samples: Office Lease (Doma Holdings, Inc.)
Landlord’s Property. All Leasehold Improvements shall become Landlord’s property upon installation and without compensation to Tenant. Notwithstanding the foregoing, if any Tenant-Insured Improvements are not, in Landlord’s reasonable judgment, Building-standard, then before the expiration or earlier termination hereof, Tenant shall, at its Landlord’s election, either (a) at Tenant’s expense, and except as otherwise notified by Landlord, shall remove any such Tenant-Insured Improvements (other than any Unit, which shall be governed by Section 25.5)Improvements, repair any resulting damage to the Premises or Building, and restore the affected portion of the Premises to its configuration and condition existing before the installation of such Tenant-Insured ImprovementsImprovements (or, at Landlord’s election, to a Building-standard tenant-improved condition as determined by Landlord), or (b) pay Landlord an amount equal to the estimated cost of such work, as reasonably determined by Landlord. If Tenant fails to timely perform any work required to be performed by Tenant under clause (a) of the preceding sentence, Landlord may perform such work at Tenant’s expense. IfNotwithstanding the foregoing, when except for Lines (defined in Section 23), Landlord shall not require Tenant to remove any Tenant Improvements or Alterations unless Landlord, at the time that it requests Landlord’s granted approval of any for such Tenant Improvements or Alterations, advised Tenant specifically requests in writing that Landlord identify any such removal would be required by Tenant Improvements or Alterations that Landlord will require to be removed pursuant to this Section 8, Landlord shall do so when it provides such approval. Nothing herein shall be deemed to (a) transfer to Landlord ownership at the end of any of Tenant’s trade fixtures, furniture, equipment or other personal property installed in the Premises (“Tenant’s Property”), or (b) prohibit Tenant from removing Tenant’s Property from the Premises, provided that Tenant repairs all damage caused by its installation or removalTerm.
Appears in 1 contract
Landlord’s Property. All Leasehold Improvements shall become Landlord’s property upon installation and without compensation to Tenant. Notwithstanding the foregoingfixtures, Tenantmachinery, before the expiration or earlier termination hereofequipment, at its expenseimprovements, and except as otherwise notified by Landlordappurtenances attached or affixed to the Property or Building, shall remove any Tenant-Insured Improvements (other than any Unit, which shall be governed by Section 25.5), repair any resulting where the removal of such attachment or affixed improvement would cause irreparable damage to the Premises Property or Building, at the commencement of, or during the Term, whether or not placed there by or at the expense of Tenant, shall become and restore the affected portion remain a part of the Premises to its configuration and condition existing before the installation of such Tenant-Insured Improvements. If Tenant fails to timely perform any work required to be performed by Tenant under the preceding sentence, Landlord may perform such work at Tenant’s expense. If, when it requests Landlord’s approval of any Tenant Improvements Property or Alterations, Tenant specifically requests that Landlord identify any such Tenant Improvements or Alterations that Landlord will require to be removed pursuant to this Section 8, Landlord shall do so when it provides such approval. Nothing herein Building; shall be deemed to the property of Landlord (a) transfer to Landlord ownership of any of Tenant’s trade fixtures, furniture, equipment or other personal property installed in the Premises (“TenantLandlord’s Property”), without compensation or credit to Tenant; and shall not be removed by Tenant at the Term Expiration Date unless (i) such item(s) constitute(s) a Trade Fixture (as defined in Section 8.2 below); or (bii) prohibit Tenant from removing Landlord, in its sole discretion, requires in writing at the time of approval of the plans for such item(s) removal of all or some of such item(s) by Tenant, at Tenant’s Property from cost and expense. Tenant shall not be required to remove any fixtures, machinery, equipment, improvements or appurtenances existing as of the PremisesExisting Tenant Move Out Date. In no event shall Tenant remove any of the following materials or equipment without Landlord’s prior written consent (which consent may be given or withheld in Landlord’s sole discretion): any cabling, provided that Tenant repairs all damage caused by its installation power wiring or removalpower panels, lighting or lighting fixtures, wall or window coverings, carpets or other floor coverings, heaters, air conditioners or any other HVAC Equipment, fencing or security gates, or other similar building operating equipment and decorations.
Appears in 1 contract
Landlord’s Property. All Leasehold Improvements Alterations, improvements, fixtures, equipment and/or appurtenances which may be installed or placed in or about the Premises, from time to time, shall be at the sole cost of Tenant and shall be and become the property of Landlord’s property upon installation and without compensation , except that Tenant may remove any Alterations, improvements, fixtures and/or equipment which Tenant can substantiate to Tenant. Notwithstanding the foregoing, Tenant, before the expiration or earlier termination hereof, at its expense, and except as otherwise notified Landlord have not been paid for with any Tenant improvement allowance funds provided to Tenant by Landlord, shall remove provided Tenant repairs any Tenant-Insured Improvements (other than any Unit, which shall be governed by Section 25.5), repair any resulting damage to the Premises or Building, and restore Building caused by such removal and returns the affected portion of the Premises to its configuration and a building standard tenant improved condition existing before the installation of such Tenant-Insured Improvementsas reasonably determined by Landlord. If Tenant fails to timely perform any work required to be performed by Tenant under the preceding sentenceFurthermore, Landlord may perform such work may, by written notice to Tenant prior to the end of the Lease Term, or given following any earlier termination of this Lease, require Tenant, at Tenant’s expense. If, when it requests Landlord’s approval of to remove any Tenant Improvements or Alterations, Tenant specifically requests that Landlord identify any such Tenant Improvements or Alterations that Landlord will require to be removed pursuant to this Section 8, Landlord shall do so when it provides such approval. Nothing herein shall be deemed to (a) transfer to Landlord ownership of any of Tenant’s trade fixtures, furniture, and/or improvements and/or systems and equipment or other personal property installed in within the Premises (“Tenant’s Property”), or (b) prohibit Tenant from removing Tenant’s Property from and to repair any damage to the Premises, provided that Tenant repairs all damage Premises and Building caused by its installation or removal.such removal and return the affected portion of the Premises to a building standard tenant improved condition as reasonably determined by Landlord; provided; however, that notwithstanding the foregoing, upon request by
Appears in 1 contract
Samples: Office Lease (Opentv Corp)
Landlord’s Property. All Leasehold Improvements shall become Landlord’s property upon installation and without compensation to Tenant. Notwithstanding Alterations, improvements, fixtures and/or ------------------- equipment which may be installed or placed in or about the foregoing, Tenant, before the expiration or earlier termination hereof, at its expensePremises, and all signs installed in, on or about the Premises, from time to time, shall be at the sole cost of Tenant and shall be and become the property of Landlord at the end of the Lease Term, except as otherwise notified that Tenant may remove any Alterations, improvements, fixtures and/or equipment which Tenant can substantiate to Landlord have not been paid for with any tenant improvement allowance funds provided to Tenant by Landlord, shall remove provided Tenant repairs any Tenant-Insured Improvements (other than any Unit, which shall be governed by Section 25.5), repair any resulting damage to the Premises and Building caused by such removal. Furthermore, if Landlord, as a condition to Landlord's consent to any Alteration, requires pursuant to the standard and in the manner provided in Section 8.2 that Tenant remove any ----------- Alteration upon the expiration or Building, and restore the affected portion early termination of the Lease Term, Landlord may, by written notice to Tenant prior to the end of the Lease Term, or given upon any earlier termination of this Lease, require Tenant at Tenant's expense to remove such Alterations and to repair any damage to the Premises to its configuration and condition existing before the installation of Building caused by such Tenant-Insured Improvementsremoval. If Tenant fails to timely perform complete such removal and/or to repair any work required to be performed damage caused by Tenant under the preceding sentenceremoval of any Alterations, Landlord may perform such work at Tenant’s expense. If, when it requests Landlord’s approval of any Tenant Improvements or Alterations, Tenant specifically requests that Landlord identify any such Tenant Improvements or Alterations that Landlord will require to be removed pursuant to this Section 8, Landlord shall do so when it provides such approval. Nothing herein shall be deemed and may charge the cost thereof to (a) transfer to Landlord ownership of any of Tenant’s trade fixtures, furniture, equipment or other personal property installed in the Premises (“Tenant’s Property”), or (b) prohibit Tenant from removing Tenant’s Property from the Premises, provided that Tenant repairs all damage caused by its installation or removal.
Appears in 1 contract
Landlord’s Property. All Leasehold Improvements shall become Landlord’s property upon installation and without compensation to Tenant. Notwithstanding the foregoing, Tenant, before the expiration or earlier termination hereof, at its expense, and except as otherwise notified by Landlord, shall remove if any Tenant-Insured Improvements (other than any Unit, which shall be governed by Section 25.5) are not, in Landlord’s reasonable judgment, Building-standard, then before the expiration or earlier termination hereof, Tenant shall, at Landlord’s election, either (a) at Tenant’s expense, and except as otherwise notified by Landlord, remove such Tenant-Insured Improvements (other than the Excluded Items, defined below), repair any resulting damage to the Premises or Building, and restore the affected portion of the Premises to its configuration and condition existing before the installation of such Tenant-Insured ImprovementsImprovements (or, at Landlord’s election, to a Building-standard tenant-improved configuration and condition as determined by Landlord), or (b) pay Landlord an amount equal to the estimated cost of such work, as reasonably determined by Landlord. If Tenant fails to timely perform any work required to be performed by Tenant under clause (a) of the preceding sentence, Landlord may perform such work at Tenant’s expense. IfAs used herein, when it requests Landlord’s approval of “Excluded Items” means any Tenant Leasehold Improvements or Alterations, Tenant specifically requests that Landlord identify any such Tenant Improvements or Alterations that Landlord will require to be removed pursuant to this Section 8, Landlord shall do so when it provides such approval. Nothing herein shall be deemed to either (a1) transfer to Landlord ownership of any of Tenant’s trade fixtures, furniture, equipment or other personal property installed existing in the Premises as of the date hereof, (“Tenant’s Property”), or 2) shown with reasonable specificity on the Work List (bas initially defined in Section 2.1 of Exhibit B hereto) prohibit and/or (3) those potential Alterations (if built by Tenant from removing Tenant’s Property from the Premises, provided that Tenant repairs all damage caused by its installation or removalpursuant to Exhibit B-1 hereto) shown with reasonable specificity on Exhibit B-4 hereto.
Appears in 1 contract
Landlord’s Property. All Leasehold Improvements shall become Landlord’s property upon installation and without compensation to Tenant. Notwithstanding the foregoing, if any Tenant-Insured Improvements are not, in Landlord’s reasonable judgment, Building-standard, then before the expiration or earlier termination hereof, Tenant shall, at its Landlord’s election, either (a) at Tenant’s expense, and except as otherwise notified by Landlord, shall remove any such Tenant-Insured Improvements (other than any Unit, which shall be governed by Section 25.5)Improvements, repair any resulting damage to the Premises or Building, and restore the affected portion of the Premises to its configuration and condition existing before the installation of such Tenant-Insured ImprovementsImprovements (or, at Landlord’s election, to a Building-standard tenant-improved condition as determined by Landlord), or (b) pay Landlord an amount equal to the estimated cost of such work, as reasonably determined by Landlord. If Tenant fails to timely perform any work required to be performed by Tenant under clause (a) of the preceding sentence, Landlord may perform such work at Tenant’s expense. If, when it requests Landlord’s approval of any Tenant Improvements or Alterations, Tenant specifically requests that Landlord identify any such Tenant Improvements or Alterations that Landlord will require to be removed pursuant to this Section 8that, in Landlord’s judgment, are not Building-standard, Landlord shall do so when it provides such approval. Nothing herein approval and such determination shall be deemed to final (a) transfer to Landlord ownership in the context of any removal of Tenant’s trade fixtures, furniture, equipment -Insured Improvements before the expiration or other personal property installed in earlier termination of the Premises (“Tenant’s Property”Lease), or (b) prohibit Tenant from removing Tenant’s Property from the Premises, provided that Tenant repairs all damage caused by its installation or removal.
Appears in 1 contract
Samples: Office Lease (Actuate Corp)
Landlord’s Property. All Leasehold Improvements shall become Landlord’s 's property upon installation and without compensation to Tenant. Notwithstanding the foregoing, Tenant, before the expiration or earlier termination hereof, at its expense, and except as otherwise notified by Landlord, shall remove any Tenant-Insured Improvements (other than any Unit, which shall be governed by Section 25.5), repair any resulting damage to the Premises or Building, and restore the affected portion of the Premises to its configuration and condition existing before the installation of such Tenant-Insured Improvements. If Tenant fails to timely perform any work required to be performed by Tenant under the preceding sentence, Landlord may perform such work at Tenant’s 's expense. If, when it requests Landlord’s 's approval of any Tenant Improvements or Alterations, Tenant specifically requests that Landlord identify any such Tenant Improvements or Alterations that Landlord will require to be removed pursuant to this Section 8, Landlord shall do so when it provides such approval. Nothing herein shall be deemed to (a) transfer to Landlord ownership of any of Tenant’s 's trade fixtures, furniture, equipment or other personal property installed in the Premises (“"Tenant’s 's Property”"), or (b) prohibit Tenant from removing Tenant’s 's Property from the Premises, provided that Tenant repairs all damage caused by its installation or removal.
Appears in 1 contract
Samples: Office Lease (Nutanix, Inc.)
Landlord’s Property. All Leasehold Improvements shall become Landlord’s property upon installation and without compensation to Tenant. Notwithstanding the foregoing, Tenant, before the expiration or earlier termination hereof, at its expense, and except as otherwise notified by Landlord, shall remove if any Tenant-Insured Requested Improvements (other than any Unit, which shall be governed by Section 25.5) are not, in Landlord’s reasonable judgment, customary and typical general office improvements (for example, internal staircases, rolling file systems, showers, vaults, non-Building standard finishes, etc.) then before the expiration or earlier termination hereof, Tenant shall, at Landlord’s election, at Tenant’s expense, and except as otherwise notified by Landlord, remove such Tenant-Requested Improvements (other than the Excluded Items (defined below)), repair any resulting damage to the Premises or Building, and restore the affected portion of the Premises to its configuration and condition existing before the installation of such Tenant-Insured ImprovementsRequested Improvements (or, at Landlord’s election, to a Building-standard tenant-improved configuration and condition as determined by Landlord). If Tenant fails to timely perform any work required to be performed by Tenant under the preceding sentence, Landlord may perform such work at Tenant’s expense. If, when it requests Landlord’s approval of any Tenant Improvements or Alterations, Tenant specifically requests that Landlord identify any such Tenant Improvements or Alterations that Landlord will require to be removed pursuant to this Section 8that, in Landlord’s reasonable judgment, are not customary and typical general office improvements, Landlord shall do so when it provides such approval. Nothing herein shall be deemed to (a) transfer to Landlord ownership of any of Tenant’s trade fixtures, furniture, equipment or other personal property installed in the Premises (“Tenant’s Property”), or (b) prohibit Tenant from removing Tenant’s Property from the Premises, provided that Tenant repairs all damage caused by its installation or removal.
Appears in 1 contract
Samples: Office Lease (Poshmark, Inc.)
Landlord’s Property. All Leasehold Improvements shall become Landlord’s property upon installation and without compensation to Tenant. Notwithstanding the foregoing, unless otherwise notified by Landlord, Tenant, at its expense and before the expiration expiation or earlier termination hereof, at its expense, and except as otherwise notified by Landlord, shall (a) remove any Tenant-Insured Improvements (other than any Unit, which shall be governed by Section 25.5the Excluded Items (defined below), (b) repair any resulting damage to the Premises or Building, and (c) restore the affected portion of the Premises to its configuration and condition existing before the installation of such Tenant-Insured Improvements. If Tenant fails Improvements (or, at Landlord’s election, to timely perform any work required to be performed a building-standard tenant-improved condition as determined by Tenant under the preceding sentence, Landlord may perform such work at Tenant’s expenseLandlord). If, when it requests Landlord’s approval of any Tenant Improvements or Alterations, Tenant specifically requests that Landlord identify any such Tenant Improvements or Alterations that Landlord will require not be required to be removed pursuant to this Section 8the preceding sentence, Landlord shall do so when it provides such approval. Nothing herein shall be deemed If Tenant fails to (a) transfer to complete any removal, repair or restoration when required under this Section 8. Landlord ownership of any of may do so at Tenant’s expense. As used herein, “Excluded Items” means the Tenant Improvements shown with reasonable specificity on the Space Plan attached hereto as Exhibit B-1, except for any trade fixtures, furniture, equipment or other personal property installed in the Premises (“Tenant’s Property”), or (b) prohibit Tenant from removing Tenant’s Property from the Premises, provided that Tenant repairs all damage caused by its installation or removal.
Appears in 1 contract
Samples: Office Lease (Telik Inc)
Landlord’s Property. All Leasehold Improvements shall become Landlord’s property upon installation and without compensation to Tenant. Notwithstanding the foregoing, unless otherwise notified by Landlord, Tenant, at its expense and before the expiration or earlier termination hereof, at its expense, and except as otherwise notified by Landlord, shall (a) remove any Tenant-Insured Improvements (other than any Unit, which shall be governed by Section 25.5the Excluded Items (defined below)), (b) repair any resulting damage to the Premises or Building, and (c) restore the affected portion of the Premises to its configuration and condition existing before the installation of such Tenant-Insured Improvements. If Tenant fails Improvements (or, at Landlord’s election, to timely perform any work required to be performed a building-standard tenant-improved condition as determined by Tenant under the preceding sentence, Landlord may perform such work at Tenant’s expenseLandlord). If, when it requests Landlord’s approval of any Tenant Improvements or Alterations, Tenant specifically requests that Landlord identify any such Tenant Improvements or Alterations that Landlord will require not be required to be removed pursuant to this Section 8the preceding sentence, Landlord shall do so when it provides such approval. Nothing herein shall be deemed If Tenant fails to (a) transfer to complete any removal, repair or restoration when required under this Section 8, Landlord ownership of any of may do so at Tenant’s trade fixturesexpense. As used herein, furniture“Excluded Items” means the Tenant Improvements shown with reasonable specificity on the preliminary space plan dated August 22, equipment or other personal property installed in the Premises (“Tenant’s Property”), or (b) prohibit Tenant from removing Tenant’s Property from the Premises, provided that Tenant repairs all damage caused 2008 prepared by its installation or removalAP+I Design.
Appears in 1 contract
Samples: Office Lease (Trintech Group PLC)
Landlord’s Property. All Leasehold Alterations, improvements, fixtures and/or equipment which may be installed or placed in or about the Premises shall be at the sole cost of Tenant and shall be and become the property of Landlord. Furthermore, Landlord may require that Tenant remove any improvement (including the initial Tenant Improvements installed pursuant to the Tenant Work Letter) or Alterations upon the expiration or early termination of the Lease Term, and repair any damage to the Premises and Buildings caused by such removal; provided, however, with respect to any improvements (including the initial Tenant Improvements installed pursuant to the Tenant Work Letter) or Alterations made or caused to be made by Tenant with Landlord's consent, Tenant shall become have no obligation to remove any such improvements or Alterations unless at the time Landlord approved the final working drawings for any such improvements or Alterations, Landlord’s property upon installation and without compensation , by written notice to Tenant. Notwithstanding the foregoing, Tenant, before identified those improvements or Alterations which Landlord would require Tenant to remove at the expiration or earlier termination hereofof this Lease, at its expense, and except as otherwise notified by Landlord, in which event Tenant shall remove any Tenant-Insured Improvements such identified improvements and/or Alterations (other than any Unit, which shall as the case may be) on or before the expiration of the Lease Term (as may be governed by Section 25.5), extended) and repair any damage resulting damage to the Premises or Building, and restore the affected portion of the Premises to its configuration and condition existing before the installation of from such Tenant-Insured Improvementsremoval. If Tenant fails to timely perform any work required complete such removal and/or to be performed repair by Tenant under the preceding sentenceend of the Lease Term, Landlord may perform such work at Tenant’s expense. If, when it requests Landlord’s approval of any Tenant Improvements or Alterations, Tenant specifically requests that Landlord identify any such Tenant Improvements or Alterations that Landlord will require to be removed pursuant to this Section 8, Landlord shall do so when it provides such approval. Nothing herein shall be deemed and may charge the cost thereof to (a) transfer to Landlord ownership of any of Tenant’s trade fixtures, furniture, equipment or other personal property installed in the Premises (“Tenant’s Property”), or (b) prohibit Tenant from removing Tenant’s Property from the Premises, provided that Tenant repairs all damage caused by its installation or removal.
Appears in 1 contract
Samples: Tenant Work Letter (Biotime Inc)
Landlord’s Property. All Leasehold Improvements shall become Landlord’s property upon installation and without compensation to Tenant. Notwithstanding the foregoing, if any Tenant-Insured Improvements are not, in Landlord’s reasonable judgment, Building-standard, then before the expiration or earlier termination hereof, Tenant shall, at its Landlord’s election, either (a) at Tenant’s expense, and except as otherwise notified by Landlord, shall remove any such Tenant-Insured Improvements (other than any Unit, which shall be governed by Section 25.5the Excluded Items (defined below)), repair any resulting damage to the Premises or Building, and restore the affected portion of the Premises to its configuration and condition existing before the installation of such Tenant-Insured Improvements (or, at Landlord’s election, to a Building-standard tenant-improved configuration and condition as determined by Landlord, but only to the extent that the cost of such restoration does not exceed the cost of restoring the affected portion of the Premises to its configuration and condition existing before the installation of such Tenant-Insured Improvements), or (b) pay Landlord an amount equal to the estimated cost of such work, as reasonably determined by Landlord. If Tenant fails to timely perform any work required to be performed by Tenant under clause (a) of the preceding sentence, Landlord may perform such work at Tenant’s expense. If, when it requests Landlord’s approval of any Tenant Improvements or Alterations, Tenant specifically requests that Landlord identify any such Tenant Improvements or Alterations that Landlord will require to be removed pursuant to this Section 8that, in Landlord’s judgment, are not Building-standard, Landlord shall do so when it provides such approval. Nothing herein shall be deemed to (a) transfer to Landlord ownership of any of Tenant’s trade fixturesAs used herein, furniture, equipment or other personal property installed “Excluded Items” means the Tenant Improvements described with reasonable specificity in the Premises Approved Space Plan (“Tenant’s Property”defined in Section 2.2 of Exhibit B), or (b) prohibit Tenant from removing Tenant’s Property from the Premises, provided that Tenant repairs all damage caused by its installation or removal.
Appears in 1 contract
Samples: Office Lease (Model N, Inc.)
Landlord’s Property. All Leasehold Alterations, improvements, fixtures (other than Tenant's trade fixtures) and/or equipment which may be installed or placed in or about the Premises shall be at the sole cost of Tenant and shall be and become the property of Landlord, unless, prior to the expiration or earlier termination of the Lease Term, Landlord provides written notice to Tenant requiring Tenant to remove the same. If Tenant is required to remove any such alterations or improvements (including those portions of the initial Tenant Improvements pertaining to the operation of laboratory use within the Premises) pursuant to the foregoing provisions of this Section 8.3, then Tenant shall become Landlord’s property upon installation and without compensation to Tenant. Notwithstanding the foregoing, Tenant, remove same on or before the expiration or earlier termination hereofof the Lease Term and repair any damage resulting from such removal; provided, however, with respect to alterations, additions or improvements made or caused to be made by Tenant with Landlord's consent, Tenant shall have no obligation to remove such alterations, additions or improvements unless at its expensethe time Landlord approved the final working drawings for any alterations, additions and except as otherwise notified by improvements, Landlord, by written notice to Tenant, identified those alterations, additions and improvements which Landlord would require Tenant to remove at the expiration or earlier termination of this Lease, in which event Tenant shall remove any Tenant-Insured Improvements (other than any Unitsuch identified alterations, which shall be governed by Section 25.5), additions and improvements on or before the expiration of the Lease Term and repair any damage resulting damage from such removal. Notwithstanding any provision herein to the Premises or Buildingcontrary, and restore the affected portion Tenant shall not be required to remove those portions of the Premises to its configuration and condition existing before the installation of such Tenant-Insured Improvements. If Tenant fails to timely perform any work required to be performed by Tenant under the preceding sentence, Landlord may perform such work at Tenant’s expense. If, when it requests Landlord’s approval of any Tenant Improvements or Alterations, Tenant specifically requests that Landlord identify any such Tenant Improvements or Alterations that Landlord will require pertaining to be removed pursuant to this Section 8, Landlord shall do so when it provides such approval. Nothing herein shall be deemed to (a) transfer to Landlord ownership the operation of any of Tenant’s trade fixtures, furniture, equipment or other personal property installed in the Premises (“Tenant’s Property”), or (b) prohibit Tenant from removing Tenant’s Property from the Premises, provided that Tenant repairs all damage caused by its installation or removal.laboratory
Appears in 1 contract
Samples: Tenant Work Letter (Netgear, Inc.)
Landlord’s Property. All Leasehold Improvements shall become Landlord’s property upon installation and without compensation to Tenant. Notwithstanding the foregoing, Tenant, before the expiration or earlier termination hereof, at its expense, and except as otherwise notified by Landlord, shall remove if any Tenant-Insured Improvements (other than any Unit, which shall be governed by Section 25.5) are not, in Landlord’s reasonable judgment, Building-standard, then before the expiration or earlier termination hereof, Tenant shall, at Landlord’s election, either (a) at Tenant’s expense, and except as otherwise notified by Landlord, remove such Tenant-Insured Improvements (other than the Excluded Items, defined below), repair any resulting damage to the Premises or Building, and restore the affected portion of the Premises to its configuration and condition existing before the installation of such Tenant-Insured Improvements, or (b) pay Landlord an amount equal to the estimated cost of such work, as reasonably determined by Landlord. If Tenant fails to timely perform any work required to be performed by Tenant under clause (a) of the preceding sentence, Landlord may perform such work at Tenant’s expense. IfAs used herein, when it requests Landlord’s approval “Excluded Items” means the Tenant Improvements shown with reasonable specificity on the Approved Space Plan (as initially defined in Section 2.3 of Exhibit B hereto). When Landlord approves any Tenant Improvements or Alterations (or, in the case of any Tenant Improvements or AlterationsAlterations not requiring Landlord’s approval hereunder, Tenant specifically requests that within 10 business days after Tenant’s request), Landlord shall identify any such Tenant Improvements or Alterations that Landlord will require to be removed pursuant to this Section 8that, Landlord shall do so when it provides such approval. Nothing herein shall be deemed to (a) transfer to Landlord ownership of any of Tenantin Landlord’s trade fixturesjudgment, furniture, equipment or other personal property installed in the Premises (“Tenant’s Property”), or (b) prohibit Tenant from removing Tenant’s Property from the Premises, provided that Tenant repairs all damage caused by its installation or removalare not Building-standard.
Appears in 1 contract
Landlord’s Property. All Leasehold Improvements Alterations, improvements and/or fixtures (excluding Tenant’s personal property and trade fixtures) which may be installed or placed in or about the Premises by Tenant, from time to time, shall be at the sole cost of Tenant and shall become the property of Landlord upon expiration of the Lease Term or earlier termination of this Lease; provided, however: (i) except as provided in clause (ii) hereinbelow, Tenant may not remove any tenant improvements (including the initial Tenant Improvements described in the Work Letter) or Alterations paid for by Landlord with Landlord’s property own funds and/or out of any tenant improvement allowances provided by Landlord; and (ii) Landlord may, by written notice to Tenant prior to the end of the Lease Term, or given upon installation and without compensation any earlier termination of this Lease, require Tenant at Tenant’s expense to Tenant. Notwithstanding remove any such Alterations (but not any of initial Tenant Improvements), provided that Landlord notifies Tenant of the foregoingrequirement to remove such Alterations concurrently with providing to Tenant consent to such Alterations, Tenantin which event Tenant shall, before at its expense, on or prior to the expiration or earlier termination hereofof this Lease, at its expense, cause such removal and except as otherwise notified by Landlord, shall remove any Tenant-Insured Improvements (other than any Unit, which shall be governed by Section 25.5), repair any resulting damage to the Premises or Building, and restore the affected portion of the Premises to its configuration and condition existing before the installation of Project caused by such Tenant-Insured Improvementsremoval. If Tenant fails to timely perform any work required to be performed by Tenant under the preceding sentencecomplete such removal and/or repair, Landlord may perform such work at Tenant’s expense. If, when it requests Landlord’s approval of any Tenant Improvements or Alterations, Tenant specifically requests that Landlord identify any such Tenant Improvements or Alterations that Landlord will require to be removed pursuant to this Section 8, Landlord shall do so when it provides such approval. Nothing herein shall be deemed and may charge the cost thereof to (a) transfer to Landlord ownership of any of Tenant’s trade fixtures, furniture, equipment or other personal property installed in the Premises (“Tenant’s Property”), or (b) prohibit Tenant from removing Tenant’s Property from the Premises, provided that Tenant repairs all damage caused by its installation or removal.
Appears in 1 contract
Landlord’s Property. All Leasehold Improvements Alterations, improvements and fixtures which may be installed or placed in or about the Premises shall be at the sole cost of Tenant and shall be and become the property of Landlord’s property upon installation and without compensation to Tenant. Notwithstanding the foregoing, Landlord may, by written notice to Tenant prior to the end of the Lease Term, require Tenant at Tenant's expense to remove any improvements or Alterations from the Premises and repair any damage to the Premises and Building caused by such removal if Landlord's consent to such improvement or Alteration was not obtained. With respect to any improvement or Alteration made or caused to be made by Tenant with Landlord's consent, Tenant shall have no obligation to remove such improvement or Alteration unless at the time Landlord approved the final working drawings for any such improvement or Alteration, Landlord, by written notice to Tenant, before identified those improvements or Alterations which Landlord would require Tenant to remove at the expiration or earlier termination hereofof this Lease, in which event Tenant, at its Tenant's sole cost and expense, and except as otherwise notified by Landlord, shall remove any Tenant-Insured Improvements (other than any Unit, which shall be governed by Section 25.5), such identified improvements or Alterations on or before the expiration of the Lease Term and repair any damage resulting damage to the Premises or Building, and restore the affected portion of the Premises to its configuration and condition existing before the installation of from such Tenant-Insured Improvementsremoval. If Tenant fails to timely perform any work required to be performed complete such removal and/or repair by Tenant under the preceding sentenceend of the Lease Term, Landlord may perform such work at Tenant’s expense. If, when it requests Landlord’s approval of any Tenant Improvements or Alterations, Tenant specifically requests that Landlord identify any such Tenant Improvements or Alterations that Landlord will require to be removed pursuant to this Section 8, Landlord shall do so when it provides such approval. Nothing herein shall be deemed and may charge the cost thereof to (a) transfer to Landlord ownership of any of Tenant’s trade fixtures, furniture, equipment or other personal property installed in the Premises (“Tenant’s Property”), or (b) prohibit Tenant from removing Tenant’s Property from the Premises, provided that Tenant repairs all damage caused by its installation or removal.
Appears in 1 contract
Samples: Office Lease (Sierra Oncology, Inc.)
Landlord’s Property. All Leasehold Improvements Subject to Section 12.2, all fixtures, machinery, equipment, improvements and appurtenances attached to, or built into, the Premises at the commencement of, or during the Term, whether or not placed there by or at the expense of Tenant, shall become Landlord’s property upon installation and without compensation to Tenant. Notwithstanding the foregoing, Tenant, before the expiration or earlier termination hereof, at its expense, and except as otherwise notified by Landlord, shall remove any Tenant-Insured Improvements (other than any Unit, which shall be governed by Section 25.5), repair any resulting damage to the Premises or Building, and restore the affected portion remain a part of the Premises to its configuration and condition existing before the installation of such Tenant-Insured Improvements. If Tenant fails to timely perform any work required to be performed by Tenant under the preceding sentence, Landlord may perform such work at Tenant’s expense. If, when it requests Landlord’s approval of any Tenant Improvements or Alterations, Tenant specifically requests that Landlord identify any such Tenant Improvements or Alterations that Landlord will require to be removed pursuant to this Section 8, Landlord shall do so when it provides such approval. Nothing herein Premises; shall be deemed to the property of Landlord (a) transfer to Landlord ownership of any of Tenant’s trade fixtures, furniture, equipment or other personal property installed in the Premises (“TenantLandlord’s Property”), without compensation or (b) prohibit credit to Tenant; and shall not be removed by Tenant from removing Tenant’s Property from upon, or at any time prior to, the Expiration Date unless Landlord requests their removal; provided, however, if prior to attaching or building any such fixtures, machinery, equipment, improvements or appurtenances in or to the Premises, Tenant requests the removal thereof at any during the Lease or upon the Expiration Date, and Landlord consents to such removal. Tenant may remove the same at such time provided that Tenant, at Tenant’s expense, repairs any damage to the Premises resulting from such removal. Further, any personal property in the Premises on the Commencement Date, movable or otherwise, unless installed and paid for by Tenant, shall be and shall remain the property of Landlord and shall not be removed by Tenant. In no event shall Tenant repairs all damage caused by its installation remove any of the following materials or removalequipment without Landlord’s prior written consent: any power wiring or power panels, lighting or lighting fixtures, wall or window coverings, carpets or other floor coverings, heaters, air conditioners or any other HVAC equipment fencing or security gates, or other similar building operating equipment and decorations.
Appears in 1 contract
Samples: Bway Corp
Landlord’s Property. All Leasehold Improvements shall become Landlord’s property upon installation and without compensation to Tenant. Notwithstanding the foregoing, Tenant, before the expiration or earlier termination hereof, at its expense, and except as otherwise notified by Landlord, shall remove if any Tenant-Insured Requested Improvements (other than any Unit, which shall be governed by Section 25.5) are not, in Landlord’s reasonable judgment, Building-standard, then before the expiration or earlier termination hereof, Tenant shall, at Landlord’s election, either (a) at Tenant’s expense, and except as otherwise notified by Landlord, remove such Tenant-Requested Improvements (other than the Excluded Items, defined below), repair any resulting damage to the Premises or Building, and restore the affected portion of the Premises to its configuration and condition existing before the installation of such Tenant-Insured ImprovementsRequested Improvements (or, at Landlord’s election, to a Building-standard tenant-improved configuration and condition as determined by Landlord), or (b) pay Landlord an amount equal to the estimated cost of such work, as reasonably determined by Landlord. If Tenant fails to timely perform any work required to be performed by Tenant under clause (a) of the preceding sentence, Landlord may perform such work at Tenant’s expense. If, when it requests Landlord’s approval of any Tenant Tenant-Requested Improvements or Alterations, Tenant specifically requests that Landlord identify any such Tenant Tenant-Requested Improvements or Alterations that Landlord will require to be removed pursuant to this Section 8that, in Landlord’s judgment, are not Building-standard, Landlord shall do so when it provides such approval. Nothing herein shall be deemed to As used herein, the term “Excluded Items” means the Tenant Improvements shown with reasonable specificity on Approved Space Plan (aas initially defined in Section 2.3 of Exhibit B hereto) transfer to Landlord ownership of and any of Tenant’s trade fixtures, furniture, equipment or other personal property installed in the Premises (“Tenant’s Property”), or (b) prohibit Tenant from removing Tenant’s Property from the Premises, provided that Tenant repairs all damage caused by its installation or removalsimilar improvements thereto.
Appears in 1 contract
Samples: Office Lease (Geron Corp)
Landlord’s Property. All Leasehold Improvements alterations, additions, fixtures and improvements, including improvements made pursuant to Exhibit B (if any), whether temporary or permanent in character, made in or to the Premises by Landlord or Tenant, shall become pan of the Property and Landlord’s property upon installation 's property. Upon termination of this Lease, Landlord shall have the right, at Landlord's option, by giving written notice to Tenant at any time before or within sixty (60) days after such termination, to retain all such alterations, additions, fixtures, built-ins, and improvements in the Premises (provided said alterations, additions, fixtures, built-ins, and improvements, including any built-in items, have been paid for by Landlord pursuant to any tenant improvement or construction allowance), without compensation to Tenant. , or to remove all such alterations, additions, fixtures, built-ins and improvements from the Premises, repair all damage caused by any such removal, and restore the Premises to the condition in which the Premises existed before such alterations, additions, fixtures, built-ins and improvements were made, and in the latter case Tenant shall pay to Landlord, upon billing by Landlord, the cost of such removal, repair and restoration (including a reasonable charge for Landlord's overhead and profit), Notwithstanding the foregoing, all built-in movable furniture (paid for exclusively by Tenant, before the expiration or earlier termination hereof, at its expense, and except as otherwise notified by Landlord, shall remove any Tenant-Insured Improvements (other than any Unit, which shall be governed by Section 25.5), repair any resulting damage to the Premises or Buildingequipment, and restore the affected portion of the Premises to its configuration and condition existing before the installation of such Tenant-Insured Improvements. If Tenant fails to timely perform any work required to be performed by Tenant under the preceding sentence, Landlord may perform such work at Tenant’s expense. If, when it requests Landlord’s approval of any Tenant Improvements or Alterations, Tenant specifically requests that Landlord identify any such Tenant Improvements or Alterations that Landlord will require to be removed pursuant to this Section 8, Landlord shall do so when it provides such approval. Nothing herein shall be deemed to (a) transfer to Landlord ownership of any of Tenant’s trade fixtures, furniturecomputers, equipment or office machines and other personal property installed shall remain the properly of Tenant. Upon termination of this Lease, Tenant shall, at Tenant's expense, remove all such built-in the Premises (“Tenant’s Property”)movable furniture, or (b) prohibit Tenant from removing Tenant’s Property equipment, trade fixtures, computers, office machines and other personal property from the Premises, provided that Tenant repairs Property and repair all damage caused by its installation or any such removal. Termination of this Lease shall not affect the obligations of Tenant pursuant to this section 7.2 to be performed after such termination.
Appears in 1 contract
Samples: Lease (Build a Bear Workshop Inc)