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
Sources: 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
Sources: 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, 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
Sources: 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, 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
Sources: Office Lease (Graybug Vision, Inc.), Office Lease (Graybug Vision, 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 Tenant’s expense, and except as otherwise notified by Landlord, remove such Tenant-Requested 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 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. 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 that, in Landlord’s judgment, are not Building- standard and therefore subject to be removed removal by Tenant at the expiration or earlier termination of this Lease pursuant to the terms of this Section 88 (and if Landlord fails to do so, Landlord shall do so when it provides such approval. Nothing herein Tenant Improvements or Alterations 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”Building-standard), 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
Sources: Office Lease (Evommune, Inc.), Office Lease (Evommune, 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
Sources: 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, if any Tenant-Insured Improvements (other than any supplemental HVAC 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 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 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 Improvements or Alterations, Tenant specifically requests that Landlord identify any such Tenant Improvements or Alterations that Landlord Tenant will require not be required to be removed pursuant to remove under 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 2 contracts
Sources: Office Lease (Apigee Corp), Office Lease (Apigee Corp)
Landlord’s Property. All Leasehold Improvements shall become Landlord’s property upon installation and without compensation to Tenant. Notwithstanding the foregoing, except as 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 remove any Tenant-Insured Improvements (other than any Unit, which shall be governed by Section 25.5)Alterations, repair any resulting damage to the Premises or Building, and restore the affected portion of the Premises to to, at Landlord’s election, either (a) its configuration and condition existing before the installation of such Alterations or (b) a “Standard Office/R&D Configuration”, which, for purposes of this Lease, means a drop ceiling open-office environment with materials and finishes consistent, as reasonably determined by Landlord, with the general office improvements located in the remainder of the Building or, if there are no general office improvements located in the remainder of the Building, then such materials and finishes must be consistent with the general office improvements located in other buildings in the Project. If Tenant-Insured Improvements’s request for Landlord’s approval of any proposed Alterations contains a request that Landlord identify any portion of such Alterations that Landlord will require Tenant to remove as provided above, then Landlord will, at the time it approves such Alterations, identify such portion of the Alterations, if any, that Landlord will require Tenant to so remove. If Tenant fails to timely perform any work required to be performed by Tenant under the preceding sentenceforegoing provisions of this Section, Landlord may perform such work at Tenant’s expense. IfNotwithstanding the foregoing, 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 and other personal property installed in the Premises (“Tenant’s Property”)) shall at all times be and remain Tenant’s property, or (b) prohibit at any time Tenant from removing may remove Tenant’s Property from the Premises, provided that Tenant repairs all damage caused by its installation such removal, and (c) Landlord shall have no lien or removalother interest in any item of Tenant’s Property.
Appears in 2 contracts
Sources: Office Lease (Ubiquiti Networks, Inc.), Office Lease (Ubiquiti Networks, 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 '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
Sources: 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, 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
Sources: Office Lease (Geron Corp)
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
Sources: Lease Agreement (Netgear, 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. 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
Sources: Office Lease (Actuate Corp)
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
Sources: Office Lease (Trintech Group PLC)
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
Sources: Sublease Agreement (Model N, 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 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).
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Sources: Office Lease (Qualys, Inc.)
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
Sources: Lease Agreement (Bion Environmental Technologies 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. 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.
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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
Sources: 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
Sources: Sublease Agreement (Telik Inc)