Common use of Alteration and Improvements Clause in Contracts

Alteration and Improvements. Tenant shall not make any additions, alterations, improvements or changes ("improvements") in or to the Demised Premises without the prior written approval of Landlord, which approval shall not be unreasonably withheld. In no event shall any consent be granted if Tenant is in default hereunder. Notwithstanding the foregoing, Tenant shall have the right to make improvements without Landlord’s consent where such improvements: (i) are non-structural; (ii) do not affect the electrical, mechanical, plumbing, HVAC or other systems of the building containing the Demised Premises; and (iii) cost no more than One Hundred Thousand Dollars ($100,000) in any calendar year. Any improvements shall be made promptly and in a good and workmanlike manner and in compliance with all insurance requirements and with all applicable permits, authorizations, building regulations, zoning laws and all other governmental rules, regulations, ordinances, statutes and laws, now or hereafter in effect pertaining to the Demised Premises or Tenant's use thereof shall be performed in such manner as not to delay or impose any additional expense upon Landlord in construction, maintenance or operation of the building containing the Demised Premises. Throughout the performance of improvements, Tenant, at its expense, shall carry, or cause to be carried, workers' compensation insurance in statutory limits, and general liability insurance for any occurrence in or about the Demised Premises, of which Landlord and its managing agent shall be named as additional parties insured, in such limits as Landlord may reasonably prescribe. Tenant further covenants and agrees that any mechanic's lien filed against the Demised Premises for work claimed to have been done for, or materials claimed to have been furnished to Tenant, will be discharged by Tenant, by bond or otherwise, within ten (10) days after the filing thereof, at the cost and expense of Tenant.

Appears in 1 contract

Samples: Lease Agreement (Global Medical REIT Inc.)

AutoNDA by SimpleDocs

Alteration and Improvements. Tenant shall not make any additions, alterations, improvements or changes ("improvements") in or to the Demised Premises without the prior written approval of Landlord, which approval shall not be unreasonably withheld. In no event shall any consent be granted if Tenant is in default hereunder. Notwithstanding the foregoing, Tenant shall have the right to make improvements without Landlord’s consent where such improvements: ; (i) are non-structural; (ii) do not affect the electrical, mechanical, plumbing, HVAC or other systems of the building containing the Demised Premises; and (iii) cost no more than One Hundred Thousand Dollars ($100,000]00,000) in any calendar year. Any improvements shall be made promptly and in a good and workmanlike manner and in compliance with all insurance requirements and with all applicable permits, authorizations, building regulations, zoning laws and all other governmental rules, regulations, ordinances, statutes and laws, now or hereafter in effect pertaining to the Demised Premises or Tenant's ’s use thereof shall be performed in such manner as not to delay or impose any additional expense upon Landlord in construction, maintenance or operation of the building containing the Demised Premises. Throughout the performance of improvements, Tenant, at its expense, shall carry, or cause to be carried, workers' compensation insurance in statutory limits, and general liability insurance for any occurrence in or about the Demised Premises, of which Landlord and its managing agent shall be named as additional parties insured, in such limits as Landlord may reasonably prescribe. Tenant further covenants and agrees that any mechanic's ’s lien filed against the Demised Premises for work claimed to have been done for, or materials claimed to have been furnished to Tenant, will be discharged by Tenant, by bond or otherwise, within ten (10) days after the filing thereof, at the cost and expense of Tenant.

Appears in 1 contract

Samples: Lease Agreement (Global Medical REIT Inc.)

Alteration and Improvements. Subject to Paragraph 46 of this Lease, Tenant shall not make or allow to be made any additions, alterations, improvements alterations or changes ("improvements") physical additions in or to or outside the Demised Premises without first obtaining the prior written approval consent of Landlord, which approval consent shall not be unreasonably withheldwithheld or delayed. In no event Any alterations, physical additions or improvements to the Premises made by Tenant (other than Tenant's material handling systems, shelving and other trade fixtures) and which are permanent in nature shall at once become property of Landlord and shall be surrendered to Landlord upon the termination of this Lease. Landlord, at its option (and provided notice is given to Tenant at the time of approval), to be exercised using reasonable discretion, may require Tenant to remove any consent physical additions and/or to repair any alterations in order to restore the Premises to the condition existing at the time Tenant took possession (reasonable wear and tear excepted), all costs of removal and/or alterations to be granted if borne by Tenant. This clause shall not apply to moveable equipment or furniture and other trade fixtures owned by Tenant is in default hereunderwhich may be removed by Tenant without material damage to the Premises. Notwithstanding the foregoing, Landlord hereby consents to the erection by Tenant shall have of a security fence surrounding the right to make improvements without Landlord’s consent where such improvements: (i) are non-structural; (ii) do not affect the electrical, mechanical, plumbing, HVAC or other systems truck court and rear portions of the building containing the Demised Premises; and (iii) cost no more than One Hundred Thousand Dollars ($100,000) in any calendar year. Any improvements shall be made promptly and in a good and workmanlike manner and in compliance with all insurance requirements and with all applicable permits, authorizations, building regulations, zoning laws and all other governmental rules, regulations, ordinances, statutes and laws, now or hereafter in effect pertaining to the Demised Premises or Tenant's use thereof shall be performed in such manner as not to delay or impose any additional expense upon Landlord in construction, maintenance or operation of the building containing the Demised Premises. Throughout the performance of improvements, Tenant, at its expense, shall carry, or cause to be carried, workers' compensation insurance in statutory limits, and general liability insurance for any occurrence in or about the Demised Premises, subject to Landlord's reasonable review of which Landlord plans therefor and its managing agent shall be named as additional parties insured, any applicable restrictions set forth in such limits as Landlord may reasonably prescribe. Tenant further the title covenants and agrees that any mechanic's lien filed against affecting the Demised Premises for work claimed to have been done for, or materials claimed to have been furnished to Tenant, will be discharged by Tenant, by bond or otherwise, within ten (10) days after the filing thereof, at the cost and expense of Tenantproperty.

Appears in 1 contract

Samples: Lease Agreement (Drugstore Com Inc)

AutoNDA by SimpleDocs

Alteration and Improvements. 15. Tenant shall not will make any additionsno alterations in, alterationsor additions to, improvements or changes ("improvements") in or to the Demised Premises without the prior first obtaining Landlord's written approval of Landlord, which approval shall not be unreasonably withheldconsent. In no event shall any consent be granted if Tenant is in default hereunder. Notwithstanding the foregoing, Tenant shall have the right to make improvements without Landlord’s consent where All such improvements: (i) are non-structural; (ii) do not affect the electrical, mechanical, plumbing, HVAC or other systems of the building containing the Demised Premises; and (iii) cost no more than One Hundred Thousand Dollars ($100,000) in any calendar year. Any improvements alterations shall be made promptly and in a good and workmanlike manner and in compliance accordance with all insurance requirements and with all applicable permits, authorizations, building regulations, zoning laws and all other governmental rules, regulationslaws, ordinances, statutes rules and lawsregulations. All erections, now additions, fixtures, and improvements, (excluding, without limitation, telephone and telecommunication equipment and cabling) (collectively, the "alterations") whether temporary or hereafter permanent in effect pertaining to character (except only movable office furniture and equipment of Tenant), made in or upon the Demised Premises Premises, either by Tenant or Tenant's use thereof Landlord, shall be performed in such manner as not to delay or impose any additional expense Landlord's property, and shall remain upon Landlord in construction, maintenance or operation said Premises at the termination of the building containing the Demised PremisesTerm by lapse of time or otherwise, without compensation to Tenant. Throughout the performance of improvementsAt Landlord's election, TenantTenant shall, at its sole expense, shall carry, or cause to be carriedremoved from the Premises at the end of the Term all such alterations, workers' compensation insurance in statutory limitsprovided Landlord notifies Tenant of its duty to remove such alterations at the time of Landlord's consent. As a condition to granting consent to the making of such alteration or additions, and general liability insurance for any occurrence in or about the Demised Premises, of which Landlord and its managing agent shall be named as additional parties insured, in may impose such limits requirements as Landlord may reasonably prescribein its sole reasonable discretion deem reasonable or necessary including, by way of illustration and not limitation, requirements as to the manner in which or time at which such work is performed, the design of such alterations, the quality of materials and workmanship utilized in making such alterations, the selection of the contractor who shall perform the work required to complete such alterations, and the providing for all lien waivers and evidence of insurance with respect to each contractor employed by Tenant. If, in connection with the initial build-out of the Premises for Tenant or in connection with any subsequent alterations or additions to the Premises, Tenant uses a contractor other than Landlord or its affiliate, or an affiliate of PC Associates, then Landlord shall be paid a supervisory fee equal to five percent (5%) of the total of the construction contract with Tenant's third-party contractor or contractors. Said fee shall be due and payable as and when payments are made under Tenant's construction contract or contracts. Tenant further covenants and agrees that shall pay, in addition to any mechanicsums due pursuant to Paragraph 3 herein, any increase in real estate taxes attributable to any such alteration for so long, during the Term, as such increase is ascertainable; at Landlord's lien filed against election said sums shall be paid in the Demised Premises for work claimed to have been done for, or materials claimed to have been furnished to Tenant, will be discharged by Tenant, by bond or otherwise, within ten (10same way as sums due under Paragraph 3(b) days after the filing thereof, at the cost and expense of Tenantherein.

Appears in 1 contract

Samples: Lease (Novient Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.