Additional Lessee Improvements Sample Clauses
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Additional Lessee Improvements. Except as provided in Section 6.01 above, Lessee shall not make or allow to be made any material alterations or physical additions in or to the Leased Premises without complying with all local, state and federal ordinances, laws, statutes and without first obtaining the written consent of Lessor, which consent may not be unreasonably withheld. In any event, Lessee shall provide Lessor with a copy of the plans and specifications for any such alterations or improvements. Any alterations, physical additions or improvements to the Leased Premises (including Lessee Improvements) made by Lessor or Lessee become the property of Lessor and must be surrendered to Lessor upon the termination of this Lease without credit to Lessee. This clause does not apply to moveable equipment, trade fixtures, personal property or furniture owned by Lessee, which may be removed by Lessee at the end of the term of this Lease if Lessee is not then in default, if such equipment and furniture are not then subject to any other rights, liens and interest of Lessor and such removal can be accomplished without material damage to the Leased Premises and, if there shall exist any damage caused by such removal, such damage shall be repaired by Lessee. Upon completion of any such work by Lessee, Lessee shall provide Lessor with "as built plans", copies of all construction contracts and proof of payment for all labor and materials. Notwithstanding the above, Lessee shall be allowed, without prior approval of Lessor, to make $5,000.00 in non-structural alterations in any one calendar year, not to exceed an aggregate of $25,000.00 over the initial term of the Lease.
Additional Lessee Improvements. Upon Lessee's request, Lessor shall construct certain additional improvements in the Premises (the "Additional Lessee Improvements") substantially in accordance with the Approved Plans, and all applicable rules, regulations, laws or ordinances. Lessor shall contribute up to $800,000 ("Additional Lessee Improvement Allowance") towards the costs of the Additional Lessee Improvements and any such amounts contributed will be repaid by Lessee, plus 10% interest per annum, in equal monthly installments amortized over the Term of the Lease (the Initials: _______ Initials: _______ 54 "Monthly Improvement Payment"). Such additional payments will be made at the same time and in the same manner as Rent under this Lease. Lessee shall be required to pay any costs in excess of the Additional Lessee Improvement Allowance within fifteen (15) days after receiving written notice from Lessor describing such excess costs.
Additional Lessee Improvements. Upon Lessee's request, Lessor shall construct certain additional improvements in the Premises (the "Additional Lessee Improvements") substantially in accordance with the Approved Plans, and all applicable rules, regulations, laws or ordinances. Lessor shall contribute up to $800,000 ("Additional Lessee Improvement Allowance") towards the costs of the Additional Lessee Improvements and any such amounts contributed will be repaid by Lessee, plus 10% interest per annum, in equal monthly installments amortized over the Term of the Lease (the -4- 16 "Monthly Improvement Payment"). Such additional payments will be made at the same time and in the same manner as Rent under this Lease. Lessee shall be required to pay any costs in excess of the Additional Lease Improvement Allowance within fifteen (15) days after receiving written notice from Lessor describing such excess costs.
