Common use of Trade Fixtures Clause in Contracts

Trade Fixtures. Tenant may install trade fixtures, machinery or other trade equipment in conformance with the ordinances of all applicable duly constituted public authorities. Tenant may remove any of such trade fixtures or machinery upon the termination of this Lease. In the event that Tenant installs improvements, machinery or trade fixtures, or makes any alterations, Tenant shall, at Landlord’s option, return the Premises on termination of this Lease to substantially the same condition as existed on the Commencement Date, reasonable wear and tear and damage caused by casualty and condemnation excepted, including the removal of improvements or alterations approved by Landlord in Section 6.1; provided, however, if such improvements or alterations were approved by Landlord, Tenant shall only be required to remove such improvements or alterations if Landlord’s approval was conditioned upon Tenant’s removal of such improvements or alterations. In the event Landlord’s approval is not required, Tenant may provide written notice to Landlord of such improvement or alteration and request confirmation on whether such improvement or alteration will be required to be removed at the termination of this Lease. Tenant shall, in any event, repair any damage resulting from the removal of machinery or trade fixtures of Tenant. Tenant shall have the absolute right before the end of the Term to repair or remove any Tenant owned equipment or machinery from the Premises. Notwithstanding the foregoing, in no event shall Tenant remove any Other Property from the Premises.

Trade Fixtures. Tenant may install trade fixtures, machinery or other trade equipment in conformance with the ordinances of all applicable duly constituted public authorities. Tenant may remove any of such trade fixtures or machinery upon the termination of this Lease. In the event that Tenant installs improvements, machinery or trade fixtures, or makes any alterations, Tenant shall, at Landlord’s option, return the Premises on termination of this Lease to substantially the same condition as existed on the Commencement Date, reasonable wear and tear and damage caused by casualty and condemnation excepted, including the removal of improvements or alterations approved by Landlord in Section 6.1; provided, however, if such improvements or alterations were approved by Landlord, Tenant shall only be required to remove such improvements or alterations if Landlord’s approval was conditioned upon Tenant’s removal of such improvements or alterations. In the event Landlord’s approval is not required, Tenant may provide written notice to Landlord of such improvement or alteration and request confirmation on whether such improvement or alteration will be required to be removed at the termination of this Lease. Tenant shall, in any event, repair any damage resulting from the removal of machinery or trade fixtures of Tenant. Tenant shall have the absolute right before the end of the Term to repair or remove any Tenant owned equipment or machinery from the PremisesPremises (other than the Tenant Leased Equipment, provided, however, that Tenant may from time to time move Tenant Leased Equipment to Tenant’s other facilities in Mxxxxxxxxx County, Maryland so long as (i) Tenant replaces such Tenant Leased Equipment with a comparable item of equal quality and quantity as existed as of the time of such removal) and (ii) Tenant promptly provides Landlord written notice of the new location of the Tenant Leased Equipment. Notwithstanding the foregoing, in no event shall Tenant remove any Other Property from the PremisesPremises at or before the end of the Lease Term.

Trade Fixtures. Trade Fixtures" shall mean any and all Signs (hereinafter defined) placed by Tenant in, upon or about the Leased Premises pursuant to provisions hereof and any and all items of property used by Tenant in, upon or about the Leased Premises for the carrying on of its business and which may install trade or may not be annexed to the Site by the Tenant but in any event can be removed without material injury to the Leased Premises, including but not limited to furniture, equipment, shelves, bins and machinery; provided, however, that the term Trade Fixtures shall not include any permanent leasehold improvements, including but not limited to any floor, wall or ceiling coverings, any interior walls or partitions, any lighting fixtures, machinery track lights or other trade equipment any property a part of or associated with any electrical, plumbing or mechanical system, notwithstanding that the same may have been installed in, upon or about the Leased Premises. Notwithstanding anything in conformance this Article XI to the contrary, Tenant, at its own cost and expense, may erect such Trade Fixtures as it desires provided that (a) such Trade Fixtures do not alter the basic character of the Leased Premises, (b) such Trade Fixtures do not overload or damage the Leased Premises, (c) such items may be removed without injury to the Leased Premises, and (d) the construction, erection or installation thereof complies with the ordinances of all applicable duly constituted public authoritiesLegal Requirements and with Landlord's specifications and requirements. Tenant may shall have the right to remove any of such trade fixtures or machinery upon at the termination of this Lease. In the event that Tenant installs improvements, machinery or trade fixtures, or makes any alterations, Tenant shall, at Landlord’s option, return the Premises on termination expiration of this Lease such Trade Fixtures owned by Tenant and so installed (other than replacements for any such items originally installed by Landlord), provided Tenant is not in default under this Lease and such removal is made within five (5) days after the termination or expiration of the Lease; provided, however, Tenant shall promptly repair any damage caused by such removal and restore the Leased Premises to substantially the same condition as existed on the Commencement Dateits original condition, reasonable wear and tear excepted. Any Trade Fixtures which are not removed from the Leased Premises and damage caused by casualty and condemnation excepted, including the removal of improvements or alterations approved those which are removed by Landlord in Section 6.1; provided, however, if such improvements or alterations were approved by pursuant to Landlord, Tenant shall only be required 's right to remove such improvements or alterations if Landlord’s approval was conditioned upon Tenant’s removal of such improvements or alterations. In the event Landlord’s approval is not required, Tenant may provide written notice to Landlord of such improvement or alteration and request confirmation on whether such improvement or alteration will be required to be removed at the termination of this Lease. Tenant do so shall, in any eventat Landlord's option, repair any damage resulting from the removal of machinery or trade fixtures of Tenant. Tenant shall have the absolute right before the end of the Term to repair or remove any Tenant owned equipment or machinery from the Premises. Notwithstanding the foregoing, in no event shall Tenant remove any Other Property from the Premisesbecome Landlord's property.

Trade Fixtures. Alterations. Tenant may install necessary trade fixtures, machinery equipment and furniture in the Premises, provided that such items are installed and are removable without structural or other trade equipment in conformance with material damage to the ordinances of all applicable duly constituted public authoritiesPremises, the Building, the Common Area or the Project. Tenant shall not construct, nor allow to be constructed, any alterations or physical additions in, about or to the Premises without obtaining the prior written consent of Landlord, which may remove be given or withheld in Landlord's sole discretion, and which consent may be conditioned upon, among other things, Tenant's compliance with Landlord's reasonable requirements regardinx xxxxtruction of improvements and alterations. Tenant shall submit plans and specifications to Landlord with Tenant's request for approval and shall reimburse Landlord for all cxxxx xhich Landlord may incur in connection with granting approval to Tenant for any such alterations and additions, including any costs or expenses which Landlord may incur in electing to have outside architects and engineers review said matters. If Landlord shall consent to Tenant's request for approval, it shall have the right, but not the xxxxxxtion, to construct the relevant improvements or alterations, in which case Tenant shall promptly reimburse Landlord for its expenses in connection therewith (including hard and soft costs) plus an administrative fee equal to fifteen percent (15%) of such trade fixtures or machinery upon the termination of this Leaseexpenses. If Landlord does not respond to a written request from Tenant within ten (10) business days, then Landlord shall be deemed to disapprove such request. In the event that Tenant installs improvements, machinery or trade fixtures, or makes any alterations, Tenant shall, at Landlord’s option, return alterations or improvements to the Premises on termination of this Lease that trigger or give rise to substantially a requirement that the same condition Building, the Premises, the Common Area or the Project come into compliance with any governmental laws, ordinances, statutes, orders and/or regulations (such as existed on the Commencement Date, reasonable wear and tear and damage caused by casualty and condemnation excepted, including the removal of improvements or alterations approved by Landlord in Section 6.1; provided, however, if such improvements or alterations were approved by LandlordAmericans with Disabilities Act requirements), Tenant shall only be required to remove such improvements or alterations if Landlord’s approval was conditioned upon Tenant’s removal of such improvements or alterations. In the event Landlord’s approval is not requiredfully responsible for complying, Tenant may provide written notice to Landlord of such improvement or alteration at its sole cost and request confirmation on whether such improvement or alteration will be required to be removed at the termination of this Lease. Tenant shallexpense, in any event, repair any damage resulting from the removal of machinery or trade fixtures of Tenantwith same. Tenant shall have the absolute right before the end file a notice of the Term completion after completion of any alterations or improvements constructed pursuant to repair this Section 10.1 and provide Landlord with a copy thereof. Tenant shall provide Landlord with a set of "as-built" drawings for any alterations or remove any Tenant owned equipment or machinery from the Premises. Notwithstanding the foregoing, in no event shall Tenant remove any Other Property from the Premisesimprovements constructed pursuant to this Section 10.1.

Trade Fixtures. Trade Fixtures" shall mean any and all items of property placed by Tenant in the Leased Premises and used by Tenant in, upon or about the Leased Premises for the carrying on of its business and which may install trade or may not be annexed to the realty by the Tenant, but in any event can be removed without material injury to the Leased Premises, including but not limited to signs, furniture, equipment, shelves, steel storage racking, telecommunication equipment, computer systems, bins and machinery; provided, however, that the term Trade Fixtures shall not include any permanent leasehold improvements, including but not limited to any floor, wall or ceiling coverings, any interior walls or partitions, any lighting fixtures, machinery track lights or other trade equipment any property which is a part of or associated with any electrical, plumbing or mechanical system, notwithstanding that the same may have been installed in, upon or about the Leased Premises. Notwithstanding anything in conformance this Article V to the contrary, Tenant, at its own cost and expense, may erect such Trade Fixtures on the Leased Premises as it desires provided that (a) such Trade Fixtures do not alter the basic character of the Leased Premises, (b) such Trade Fixtures do not overload or damage the Leased Premises, (c) such items may be removed without injury to the Leased Premises, and (d) the construction, erection or installation thereof complies with the ordinances of all applicable duly constituted public authoritiesLegal Requirements and with Landlord's specifications and requirements. Tenant may shall have the right to remove any of such trade fixtures or machinery upon at the termination or expiration of this Lease such Trade Fixtures owned by Tenant and so installed (other than replacements for any such items originally installed by Landlord), provided Tenant is not in default under this Lease and such removal is made within five (5) days after the termination or expiration of this Lease. In the event that Tenant installs improvements; provided, machinery or trade fixtures, or makes any alterationshowever, Tenant shall, at Landlord’s option, return shall repair any damage caused by such removal and restore the Leased Premises on termination of this Lease to substantially the same condition as existed on the Commencement Dateits original condition, reasonable wear and tear and damage caused by casualty and condemnation excepted, including subject to the removal provisions of improvements or alterations approved by Landlord in Section 6.1; provided, however, if such improvements or alterations were approved by Landlord, Tenant shall only be required to remove such improvements or alterations if Landlord’s approval was conditioned upon Tenant’s removal of such improvements or alterations. In the event Landlord’s approval is not required, Tenant may provide written notice to Landlord of such improvement or alteration and request confirmation on whether such improvement or alteration will be required to be removed at the termination of this Lease. Tenant shall, in any event, repair any damage resulting from the removal of machinery or trade fixtures of Tenant. Tenant shall have the absolute right before the end of the Term to repair or remove any Tenant owned equipment or machinery from the Premises. Notwithstanding the foregoing, in no event shall Tenant remove any Other Property from the PremisesArticle VI.

Trade Fixtures. Tenant may shall have the right, at any time and from time to time during the Lease Term, at Tenant’s sole cost and expense, to install and affix in, to, or on the Leased Premises trade fixtures, machinery equipment or personal property necessary or appropriate for Tenant’s trade or business (collectively, “Trade Fixtures”). Trade Fixtures or any other trade equipment installed in conformance with but not affixed to the ordinances Leased Premises by Tenant shall remain the property of all applicable duly constituted public authorities. Tenant and may remove be removed at the expiration of the Lease Term, provided that any damage to the Leased Premises caused by the removal of such trade fixtures Trade Fixtures or machinery upon equipment shall be repaired by Tenant, and further provided that Landlord shall have the termination of this Lease. In right, but not the event obligation, to keep any Trade Fixtures or equipment that Tenant installs improvementsotherwise elects to abandon. Any Trade Fixtures that are not removed from the Leased Premises by Tenant within ten (10) business days after the Expiration Date or earlier termination date, machinery or trade fixtures, or makes any alterations, shall be deemed abandoned by Tenant shall, at and shall automatically become the property of Landlord as the owner of the real property to which they are affixed. At Landlord’s option, return Landlord may cause any such Trade Fixtures remaining in the Leased Premises on for any period of time after the Expiration Date or earlier termination of this Lease to substantially the same condition as existed on the Commencement Date, reasonable wear and tear and damage caused by casualty and condemnation excepted, including the removal of improvements or alterations approved by Landlord in Section 6.1; provided, however, if such improvements or alterations were approved by Landlord, Tenant shall only be required to remove such improvements or alterations if Landlord’s approval was conditioned upon Tenant’s removal of such improvements or alterations. In the event Landlord’s approval is not required, Tenant may provide written notice to Landlord of such improvement or alteration and request confirmation on whether such improvement or alteration will be required date to be removed from the Leased Premises and stored in a public warehouse or elsewhere at the termination expense and for the account of this Lease. Tenant shalland, if not removed by Tenant within 30 days thereafter, disposed of in any event, repair any damage resulting from accordance with the removal provisions of machinery or trade fixtures of applicable law at Tenant’s expense. Tenant shall have reimburse Landlord as Rent promptly upon demand for all such costs (plus a supervisory fee in the absolute right before the end amount of the Term to repair or remove any Tenant owned equipment or machinery from the Premises. Notwithstanding the foregoing, in no event shall Tenant remove any Other Property from the Premisesten percent of such costs).

Trade Fixtures. Tenant may install trade fixtures, machinery or other trade equipment in conformance with the ordinances of all applicable duly constituted public authorities. Subject to the terms of this Section 6.3, Tenant may remove any of such trade fixtures or machinery upon the termination of this Lease. In the event that Tenant installs improvements, machinery or trade fixtures, or makes any alterations, Tenant shall, at Landlord’s 's option, return the Premises on termination of this Lease to substantially the same condition as existed on the Commencement Daterequired under Section 7.1, reasonable wear and tear and damage caused by casualty and condemnation exceptedbelow, including the removal of improvements or alterations approved by Landlord in Section 6.1; provided, however, if such improvements or alterations were approved 6.1 and not otherwise elected to be retained by Landlord, Tenant shall only be required to remove such improvements or alterations if Landlord’s approval was conditioned upon Tenant’s removal of such improvements or alterations. In the event Landlord’s approval is not required, Tenant may provide written notice to Landlord of such improvement or alteration and request confirmation on whether such improvement or alteration will be required to be removed at the termination of this Lease. Tenant shall, in any event, repair any damage resulting from the removal of machinery or trade fixtures of Tenant. If Tenant fails to repair any such damage prior to the expiration of the Term, Landlord may, but shall not be obligated to, perform such repairs on Tenant's behalf, in which case, Tenant shall have reimburse Landlord for all costs incurred by Landlord within five (5) days after receipt of written demand from Landlord. Notwithstanding anything to the absolute right before contrary contained in this Lease, the end terms "trade fixtures", "machinery" or "trade equipment" as used both in Article 6 and otherwise in this Lease shall mean Tenant's specific trade fixtures, business equipment and personal property which can be removed without substantial damage to the Premises (including, without limitation, the "Movable Equipment" listed on page 1 of Schedule 1 (Project Budget) attached to the Work Letter Agreement, which "Movable Equipment" shall remain the sole property of Tenant), and shall not include, without limitation and without regard to whether the following can be removed without substantial damage to the Premises, any fill-finish suites, autoclaves and other similar items, which items shall become part of the realty and belong to Landlord upon the expiration of the Term unless Landlord otherwise elects pursuant to repair or remove any Tenant owned equipment or machinery from the Premises. Notwithstanding the foregoingSection 6.1, in no event shall Tenant remove any Other Property from the Premisesabove.