Alteration of Improvements. (i) Without the prior written consent of Lender, Borrower will not remove any building, structure or other improvement forming part of the Mortgaged Property.
(ii) Borrower may from time to time make alterations, replacements, additions, changes, and improvements (collectively, "Alterations") in and to the Mortgaged Property as Borrower may find necessary or convenient for its purposes; provided, however, that no such Alterations shall decrease the value of the Mortgaged Property. All work with respect to any Alteration shall be done in a good and workmanlike manner by properly qualified and licensed personnel, and such work shall be diligently prosecuted to completion.
(iii) Borrower shall pay the costs of any Alterations done on the Mortgaged Property, and shall keep the Mortgaged Property free and clear of liens of any kind. Borrower shall indemnify and defend Lender from and against any liability, loss, damage, costs, attorneys' fees, and any other expense incurred as a result of claims of lien by any person performing work or furnishing materials or supplies for Borrower or any person claiming under Borrower.
(iv) No Alteration shall be undertaken until Borrower shall have procured and paid for all required permits and authorizations of all municipal departments and governmental subdivisions having jurisdiction. Any Alteration involving an estimated cost of more than Twenty-Five Thousand and 00/100 Dollars ($25,000.00) shall be conducted under the supervision of a licensed architect or engineer selected by Borrower and satisfactory to Lender and shall be made in accordance with detailed plans and specifications ("Plans and Specifications") and cost estimates prepared by such architect or engineer and approved in writing in advance by Lender. Any Alteration shall be made promptly and in a good workmanlike manner and in compliance with all applicable permits and authorizations and building and zoning laws and all laws and in accordance with the orders, rules and regulations of the Board of Fire Insurance Underwriters and any other body hereafter exercising similar functions having or asserting jurisdiction over the Mortgaged Property.
(v) In connection with any Alteration involving an estimated cost in excess of Twenty-Five Thousand and 00/100 Dollars ($25,000.00), Lender shall have the right to require Borrower to post a bond or other security reasonably satisfactory to Lender to insure the completion of such Alteration.
Alteration of Improvements. Tenant may make alterations and additions to the Improvements (“Alterations”) which affect only the interior, non-structural elements of the Improvements or which are otherwise consented to by Landlord in writing. Tenant warrants that all Alterations shall be constructed in accordance with and shall comply with all applicable Laws and building codes. With respect to any Alterations which require Landlord’s prior written consent, Tenant shall submit to Landlord, prior to commencement of any such Alterations, and at Tenant’s sole cost, any building plans and all permits and authorizations of all municipal departments and governmental agencies, including any University Entity, as may have jurisdiction over the Alterations. Landlord reserves the right to grant or withhold its consent required in this Section 9.1 for any Alteration that requires Landlord’s prior written consent in its sole and absolute discretion. However, without limiting the generality of the foregoing, Landlord may disapprove any proposed Alteration which requires Landlord’s prior written consent which is not in harmony with: (a) the design of existing or proposed structures in adjacent areas of the University campus, (b) any provision of the campus master plan, (c) any regulation or ordinance of the State of California, the City or the County or the federal government of the United States of America if any such regulation or ordinance is applicable to the Premises, or (d) then current good engineering practice.
Alteration of Improvements. Lessee shall not have the right to make any alterations, improvements and/or additions to the Improvements without first obtaining Authority’s prior written approval. Prior to making any such alterations, improvements or additions, Lessee shall submit to Authority plans and specifications therefor for Authority’s prior written approval. Lessee shall not make any alterations, improvements or additions the Improvements prior to receiving Authority’s prior written approval.
Alteration of Improvements. 7.4.1 Lessee shall not make or permit to be made any alteration of, addition to or change in the Improvements without prior written notice to Lessor other than (i) alterations, additions or changes to any sign face(s) as necessary in the normal course of business to implement a change in advertising copy or upgrading of a digital display; (ii) routine maintenance or repair; or (iii) alterations, additions or changes not open to public view which cost in the aggregate less than or equal to Ten Thousand Dollars ($10,000.00), and which do not require approval or permit from Lessor in its governmental capacity, which amount shall be escalated annually from the date of this Lease in accordance with annual percentage increases in the CPI. Lessee shall not demolish all or any part of the Improvements except such demolition as necessary to implement a change in advertising copy, without the prior written consent of Lessor or (per the terms of this Lease) upon the expiration or earlier termination of this Lease. In requesting consent for work subject to this § 7.4, Lessee shall submit to Lessor detailed plans and specifications of the proposed work and an explanation of the need and reasons thereof.
7.4.2 Notwithstanding the prohibition in this § 7.4, upon prior written notice to Lessor, Lessee may make such alterations to the Improvements as are required by reason of any law, ordinance, regulation or order of a competent government authority.
7.4.3 Nothing in this § 7.4 shall affect the obligation of Lessee to obtain all governmental permits and approvals (including any requirements of Lessor in its governmental capacity).
Alteration of Improvements. Borrower shall not commit, suffer or permit any waste on the Property nor take any actions that might invalidate any insurance carried on the Property. Borrower shall maintain the Property in good condition and repair. No part of the Improvements may be removed, demolished or materially altered, without the prior written consent of Lender. Borrower shall not commence construction of any improvements on the Land (other than improvements required for the maintenance or repair of the Property) without the prior written consent of Lender.
Alteration of Improvements. District shall not materially alter the Improvements from their original condition, as accepted by City, without the prior written approval of City.
Alteration of Improvements. Except as provided in Section 7.1, Tenant shall not make or permit to be made any material exterior alteration of, addition to or change in, the Improvements which would affect the exterior elevations (including materials selection and
Alteration of Improvements. Following the construction of the Improvements contemplated by the Reimbursement Agreement, without the prior written consent of the Bank, which consent shall not be unreasonably withheld, no additional Improvements may be constructed hereafter on the Land. In addition, without the prior written consent of the Bank, the Borrower shall not change the architectural design of any Improvements or other structures now or hereafter situated on the Land and shall not alter or remove the structural portions of any Improvements now or hereafter situated thereon.
Alteration of Improvements. Lessor reserves the right at anytime to construct on the Premises or Building additional improvements, and to alter or modify any improvements constructed on the Premises or the Building.
Alteration of Improvements. Mortgagor shall not commit, suffer or permit any waste on the Mortgaged Property nor take any actions that may reasonably invalidate any insurance carried on the Mortgaged Property. Mortgagor shall maintain the Mortgaged Property in good condition and repair. No part of the Improvements may be removed, demolished or materially altered, without the prior written consent of Mortgagee unless promptly replaced with construction of equal or greater utility or value or required in connection with Mortgagor's ongoing leasing activities conducted in accordance with the provisions of Section 1.12 hereof, or unless otherwise required to comply with the Loan Documents. Without the prior written consent of Mortgagee, Mortgagor shall not commence construction of any improvements on the Premises other than improvements required for the maintenance or repair of the Mortgaged Property, or required in connection with Mortgagor's ongoing leasing activities conducted in accordance with the provisions of Section 1.12 hereof, or required to comply with the Loan Documents.
