Alterations and Additions by Tenant. Tenant shall make no alterations in or additions to the Premises without the prior written consent of Landlord which shall not be unreasonably withheld or delayed; provided, however, with regard to alterations or additions that would affect the Building’s structure or its HVAC, plumbing, electrical or mechanical systems, Landlord’s consent shall be in its sole and absolute discretion. All alterations, additions, and improvements made to or fixtures or improvements placed in or upon the Premises by either party (except only moveable trade fixtures of Tenant) shall be deemed a part of the Building and the property of the Landlord at the time they are placed in or upon the Premises, and they shall remain upon and be surrendered with the Premises as a part thereof at the termination of this Lease, unless Landlord shall elect otherwise, whether such termination shall occur by the lapse of time or otherwise. In the event Landlord shall elect that certain alterations, additions and improvements made by Tenant in the Premises shall be removed by Tenant, Tenant shall remove them and Tenant shall restore the Premises to its original condition, at Tenant’s own cost and expense, prior to the termination of the Lease Term. Alterations and additions to the Premises will be performed by Landlord at Tenant’s cost and expense. Tenant acknowledges that Landlord’s approval of any alterations or additions shall not be a representation by Landlord that such alterations, additions or improvements comply with applicable laws.
Appears in 4 contracts
Samples: Sublease Agreement (Elevate Credit, Inc.), Sublease Agreement (Elevate Credit, Inc.), Sublease Agreement (Elevate Credit, Inc.)
Alterations and Additions by Tenant. Tenant shall not, without on each occasion first presenting to Landlord plans and specifications therefor and obtaining Landlord’s prior written consent thereto, which consent shall not unreasonably be withheld, delayed or conditioned, make no alterations in any structural alterations, improvements or additions to the Premises; except as provided in Section 10 relating to fixtures, and except that Tenant may, without Landlord’s consent and without providing plans and specifications to Landlord, perform interior, non-structural alterations up to a value of One Hundred Fifty Thousand Dollars ($150,000) in the aggregate to the Premises, in any one year. Any addition, alteration or improvement to the Premises without done by Tenant under this Lease, shall be at Tenant’s sole cost and expense and shall be in accordance with plans and specifications prepared by and at the expense of Tenant and consented to in writing by Landlord prior written to the commencement of any work, unless consent of Landlord which shall is not be unreasonably withheld required for such work. Except as provided in Section 10 relating to fixtures, all improvements, repairs, alterations and additions and all other property attached to or delayed; provided, however, used in connection with regard to alterations the Premises or additions that would affect the Building’s structure any part thereof by or its HVAC, plumbing, electrical or mechanical systems, Landlord’s consent on behalf of Tenant shall be in its sole and absolute discretion. All alterations, additions, and improvements made to or fixtures or improvements placed in or upon the Premises by either party (except only moveable trade fixtures of Tenant) shall be deemed a part of the Building and the property of Tenant until the Landlord at the time they are placed in expiration or upon the Premises, and they shall remain upon and be surrendered with the Premises as a part thereof at the sooner termination of this Lease, unless Landlord at which time all such alterations and additions permanently attached to the building shall elect otherwise, whether such termination shall occur by the lapse of time or otherwise. In the event Landlord shall elect that certain alterations, additions and improvements made by Tenant in remain on the Premises shall be removed and become the property of Landlord without payment therefor by Tenant, Tenant shall remove them and Tenant shall restore the Premises to its original condition, at Tenant’s own cost and expense, prior to the termination of the Lease Term. Alterations and additions to the Premises will be performed by Landlord at Tenant’s cost and expense. Tenant acknowledges that Landlord’s approval of any alterations or additions shall not be a representation by Landlord that such alterations, additions or improvements comply with applicable laws.
Appears in 2 contracts
Samples: Lease and Asset Transfer Agreement, Lease and Asset Transfer Agreement
Alterations and Additions by Tenant. Tenant shall make no alterations in or additions to the Premises without the With prior written consent of Landlord which shall not be unreasonably withheld Landlord, Tenant may make at its expense additional improvements or delayed; provided, however, with regard alterations to alterations the Premises. Any repairs or additions that would affect the Building’s structure or its HVAC, plumbing, electrical or mechanical systems, Landlord’s consent new construction by Tenant shall be done in its sole conformity with plans and absolute discretionspecifications approved by Landlord, by contractors approved by Landlord, and subject to Landlord's reasonable rules and regulations regarding such construction. All alterationswork performed shall be done lien-free in a workmanlike manner and shall become the property of Landlord. Landlord may require that Tenant provide to Landlord, at Tenant's expense, a lien and completion bond in an amount equal to 150% of the estimated cost of any improvements, additions, or alterations in the Premises. Landlord shall not unreasonably withhold its consent to Tenant's proposed alterations or improvements if the conditions of this Section 13 are satisfied. All such alterations and improvements made to or fixtures or improvements placed in or upon the Premises by either party (except only moveable trade fixtures of Tenant) shall be deemed a part of the Building and become the property of the Landlord; provided that Landlord may require Tenant to remove any improvements or alterations at the time they are placed in expiration or upon termination of the PremisesTerm (except those improvements which Landlord has agreed may remain, either as provided herein or after the date hereof), such removal to occur at Tenant's expense; and they Tenant shall remain upon and be surrendered with repair all damage to the Premises or Building occurring as a part thereof at the termination result of this Lease, unless Landlord shall elect otherwise, whether such termination shall occur by the lapse of time or otherwiseremoval. In the event Tenant fails to remove any improvements or alterations as required by Landlord or repair any damage occurring during such removal, Landlord shall elect that certain alterations, additions and be entitled to remove any improvements made by Tenant in the Premises shall be removed by Tenant, Tenant shall remove them and Tenant shall restore the Premises to its original conditionor alterations or make such repairs, at Tenant’s own cost and 's expense, prior and shall further be entitled to draw upon the termination of the Lease Term. Alterations and additions to the Premises will be performed by Landlord at Tenant’s cost and expense. Tenant acknowledges that Landlord’s approval of any alterations or additions shall not be a representation by Landlord that such alterations, additions or improvements comply with applicable lawsDeposit.
Appears in 2 contracts
Samples: Lease Agreement (Benchmark Electronics Inc), Lease (Advanced Digital Information Corp)
Alterations and Additions by Tenant. Tenant shall not make no alterations or allow to be made any alterations, improvements or additions in or additions to the Premises Building without first obtaining the prior written consent of Landlord which shall not be unreasonably withheld or delayed; providedLandlord, however, with regard to alterations or additions that would affect the Building’s structure or its HVAC, plumbing, electrical or mechanical systems, Landlord’s consent shall be in its sole and absolute discretion. All all alterations, additions, additions and improvements made to or fixtures or other improvements placed in or upon the Premises Building, whether temporary or permanent in character, by either party (except only moveable trade fixtures of Tenantoffice furniture and equipment not attached to the Building) shall be deemed a part of the Building and the property of the Landlord at the time they are placed in or upon the Premiseswith respect to Tenant's alterations, additions, improvements and fixtures, they shall remain upon and be surrendered with Tenant's property until the Premises as a part thereof at the termination of this Lease, unless Landlord shall elect otherwise, whether such termination shall occur by the lapse of time expiration or otherwise. In the event Landlord shall elect that certain alterations, additions and improvements made by Tenant in the Premises shall be removed by Tenant, Tenant shall remove them and Tenant shall restore the Premises to its original condition, at Tenant’s own cost and expense, prior to the earlier termination of the Lease Termat which time they shall become the property of Landlord without compensation to Tenant. Alterations Alterations, improvements and additions in and to the Premises Building requested by Tenant shall be in accordance with plans and specifications which have been previously submitted to and approved in writing by Landlord. Such work shall be performed at Tenant's expense and accomplished either by Landlord or by contractors and subcontractors approved in writing by Landlord. If such work is performed by Landlord, Landlord shall be entitled to a construction supervision fee in the amount of five percent (5%) of the cost of any alterations, improvements or additions. If such work is not performed by Landlord, then all work performed by other contractors and subcontractors shall be subject to the following conditions:
(a) A certificate of insurance for each contractor and subcontractor must be submitted to the Landlord for approval prior to commencement of construction;
(b) Tenant must insure that all workmen will be performed cooperative with Building personnel and comply with all Building rules and regulations;
(c) All construction must be done in a good and workmanlike manner and shall be subject to approval by Landlord at Tenant’s cost in its sole discretion upon completion;
(d) Lien releases in recordable form from each contractor and expense. Tenant acknowledges that Landlord’s approval of any alterations or additions shall not subcontractor must be a representation by submitted to the Landlord that such alterations, additions or improvements within five (5) days after completion; and
(e) All construction must comply with all applicable governmental laws, rules and regulations.
Appears in 2 contracts
Samples: Office Building Lease (Allstar Systems Inc), Office Building Lease (I Sector Corp)
Alterations and Additions by Tenant. (a) This Section 3.1 shall apply before and during the Term. Tenant shall not make no alterations and additions to Tenant's Space except in accordance with plans and specifications and a time schedule therefor first approved by Landlord in writing. All alterations and additions to Tenant's Space shall equal or exceed the specifications and quantities provided in Exhibit D. No amendments or additions to the Premises Tenant's approved plans shall be made without the prior written consent of Landlord. Landlord which shall not be unreasonably withheld or delayed; provided, however, with regard to alterations or additions that would affect the Building’s structure or its HVAC, plumbing, electrical or mechanical systems, Landlord’s consent shall be in its sole and absolute discretion. All alterations, additions, and improvements made to or fixtures or improvements placed in or upon the Premises by either party (except only moveable trade fixtures of Tenant) shall be deemed a part of the Building and the property of the Landlord at the time they are placed in or upon the Premises, and they shall remain upon and be surrendered with the Premises as a part thereof at the termination of this Lease, unless Landlord shall elect otherwise, whether such termination shall occur by the lapse of time or otherwise. In the event Landlord shall elect that certain alterations, additions and improvements made by Tenant in the Premises shall be removed by Tenant, Tenant shall remove them and Tenant shall restore the Premises to its original condition, at Tenant’s own cost and expense, prior to the termination of the Lease Term. Alterations and additions to the Premises will be performed by Landlord at Tenant’s cost and expense. Tenant acknowledges that Landlord’s unreasonable for withholding approval of any alterations or additions which (a) involve or might affect any structural or exterior element of the Building, any area or element outside of the Premises, or any facility serving any area of the Building outside the Premises, or (b) will delay completion of the Premises or Building or (c) will require unusual expense to readapt the Premises to normal office use on Lease termination or increase the cost of construction or of insurance or taxes on the Building or of the services called for by Section 4.1 unless Tenant first gives assurance acceptable to Landlord for payment of such increased cost and that such readaption will be made prior to such termination without expense to landlord.
(b) All alterations and additions shall be part of the Building unless and until Landlord shall specify the same for removal pursuant to Section 5.2. Landlord may elect to require Tenant at the expiration or sooner termination of the term of this Lease to restore the Premises to substantially the same condition as existed at the Term Commencement Date.
(c) All of Tenant's alterations and additions and installation of furnishings shall be coordinated with any work being performed by Landlord in such manner as to not damage the Property or interfere with Building construction or operation and, except for installation of furnishings, shall be performed by Landlord's general contractor or by contractors or workmen first approved by Landlord. In the event that Tenant shall engage its own contractors to perform such work, Tenant shall pay to Landlord the cost of services provided by Landlord or Landlord's contractor to Tenant and to Tenant's contractors while performing such work, which services shall include, but not be limited to, cleaning, security, rubbish removal, electricity, toilet facilities, and elevators. Tenant's contract with any such contractors shall include the Required Tenant Work General Conditions attached hereto as Exhibit G, and Landlord shall have the right to enforce such General Conditions directly against any of Tenant's contractors. Tenant shall defend, save harmless, exonerate and indemnify Landlord from all injury, loss or damage to any person or property occasioned by or growing out of such work. Tenant agrees that it will not, either directly or indirectly, use any contractors and/or materials if their use will create any difficulty, whether in the nature of a representation labor dispute or otherwise, with other contractors and/or labor engaged by Tenant or Landlord or others in the construction, maintenance and/or operation of the Building or any part thereof. Except for work by Landlord's general contractor, Tenant, before its work is started, shall: secure all licenses and permits necessary therefor; deliver to Landlord a statement of the names of all its contractors and subcontractors and the estimated cost of all labor and material to be furnished by them; and cause each contractor to carry Workmen's Compensation insurance in statutory amounts covering all the contractor's and subcontractor's employees, Automobile Liability Insurance and comprehensive public liability insurance and property damage insurance with such limits as Landlord may reasonably require but in no event less than, with respect to public liability insurance, the applicable Minimum Liability Insurance Limit, as hereinafter defined and with respect to property damage insurance, the applicable Minimum Liability Insurance Limit (all insurance to be written in companies approved by Landlord that and insuring Landlord and Tenant as well as the contractors, and to deliver to Landlord certificates of all such alterationsinsurance. With respect to any alteration, additions addition, or improvements installation made by, or on behalf of Tenant, the cost of which exceeds One Hundred Thousand ($100,000.00) Dollars (referred to herein as "Bonded Project"), no installations or work shall be undertaken or begun by Tenant until Tenant has either: (i) procured appropriate surety payment and performance bonds which shall name Landlord as an additional obligee and filed xxxx xxxxx on behalf of such contractors, laborers and suppliers, or (ii) obtained other appropriate protective measures, approved by Landlord. The "Minimum Liability Insurance Limit" for any general contractor which performs construction work within the Premises shall be $5,000,000.00, and the Minimum Liability Insurance Limit for all other contractors (e.g. furniture movers, telecommunications installation contractors, etc.) and all subcontractors shall be $2,000,000.00.
(d) In no event shall any material or equipment be incorporated in or added to the Premises, so as to become a fixture or otherwise a part of the Building, in connection with any such alteration, decoration, installation, addition or improvement which is subject to any lien, charge, mortgage or other encumbrance of any kind whatsoever or is subject to any security interest or any form of title retention agreement. Any mechanic's lien filed against the Premises or the Building for work claimed to have been done for, or materials claimed to have been furnished to, Tenant shall be discharged by Tenant within ten (10) days thereafter, at Tenant's expense, by filing the bond required by law or otherwise. If Tenant fails so to discharge any lien, Landlord may do so at Tenant's expense and Tenant shall reimburse Landlord for or any expense or cost incurred by Landlord in so doing within fifteen (15) days after rendition of a xxxx therefor.
(e) All installations or work done by Tenant shall be at its own expense and shall at all times comply with applicable (i) laws, rules, orders and regulations of governmental authorities having jurisdiction thereof; (ii) orders, rules and regulations of any Board of Fire Underwriters, or any other body hereafter constituted exercising similar functions, and governing insurance rating bureaus; (iii) Rules and Regulations of Landlord; and (iv) plans and specifications prepared by and at the expense of Tenant theretofore submitted to and approved by Landlord. All construction work required or permitted by this Lease shall be done in a good and workmanlike manner. Tenant agrees to pay promptly when due the entire cost of any work done on the Premises by Tenant, its agents, employees, or independent contractors.
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Alterations and Additions by Tenant. Following installation of the initial tenant improvements, Tenant shall not make no any additional improvements or alterations in or additions to the Premises without the prior written consent of Landlord which, with respect to any alterations that do not impact Building systems or structure or reduce the value of the Building or reduce the RSF of the laboratory space, shall not be unreasonably withheld or delayed but may be subject to such reasonable conditions as Landlord deems necessary or desirable. Any repairs or new construction by Tenant shall be done (a) at Tenant’s sole cost and expense in conformity with plans and specifications approved by Landlord which approval shall not be unreasonably withheld (so long as the changes do not impact Building systems or structure) or delayed but may be subject to such reasonable conditions as Landlord deems necessary or desirable, (b) by contractors approved by Landlord which shall not be unreasonably withheld or delayed; provideddelayed but may be subject to such reasonable conditions as Landlord deems necessary or desirable, however, with regard and (c) subject to alterations or additions that would affect the Building’s structure or its HVAC, plumbing, electrical or mechanical systems, Landlord’s consent reasonable rules and regulations regarding such construction. All work performed shall be done lien-free in its sole a good and absolute discretion. All alterations, additions, and improvements made to or fixtures or improvements placed in or upon workmanlike manner consistent with the Premises by either party (except only moveable trade fixtures of Tenant) shall be deemed a part overall quality of the Building and shall become the property of Landlord. Prior to commencing any work costing more than Fifty Thousand Dollars ($50,000) or the supply or furnishing of any labor, services and/or materials in connection with any such work, Landlord at the time they are placed in or upon the Premises, and they shall remain upon and be surrendered with the Premises as a part thereof at the termination of this Lease, unless Landlord shall elect otherwise, whether such termination shall occur by the lapse of time or otherwise. In the event Landlord shall elect may require that certain alterations, additions and improvements made by Tenant in the Premises shall be removed by Tenant, Tenant shall remove them and Tenant shall restore the Premises provide to its original conditionLandlord, at Tenant’s own cost and expense, prior a lien and completion bond in an amount equal to the termination 120% of the Lease Term. Alterations and additions to the Premises will be performed by Landlord at Tenant’s estimated cost and expense. Tenant acknowledges that Landlord’s approval of any improvements, additions, or alterations or additions shall not be a representation by Landlord that such alterations, additions or improvements comply with applicable lawsin the Premises.
Appears in 1 contract
Alterations and Additions by Tenant. Tenant shall make no alterations in or additions to the Premises without the prior written consent of Landlord which shall not be unreasonably withheld or delayedthe Landlord; provided, however, with regard to alterations or additions that would affect the Building’s structure or its HVAC, plumbing, electrical or mechanical systems, Landlord’s consent shall be in its sole and absolute discretion. All all alterations, additions, and improvements made to or fixtures or improvements placed in or upon the Premises by either party (except only moveable trade fixtures of Tenantinstalled by Tenant and removable without material damage to the Premises) shall be deemed a part of the Building Premises and the property of the Landlord at the time they are placed in or upon the Premises, and they shall remain upon and be surrendered with the Premises as a part thereof at the termination of this Lease, unless Landlord shall elect otherwise, whether such termination shall occur by the lapse of time or otherwise. In the event Landlord shall elect that certain alterations, fixtures, additions and improvements made or added by Tenant in the Premises shall be removed by Tenant, Tenant shall remove them and Tenant shall restore the Premises to its their original condition, at Tenant’s 's own cost and expense, prior to the termination of the Lease Term. Alterations Approved alterations and additions to the Premises will may at Landlord's option be performed by Landlord at Tenant’s 's cost and expense. Tenant acknowledges that Landlord’s approval of any alterations or additions shall not be a representation by Landlord that such alterations, additions or improvements comply with applicable laws.
Appears in 1 contract
Samples: Lease Agreement (Lmi Aerospace Inc)
Alterations and Additions by Tenant. Tenant shall make no alterations in or additions to the Premises without With the prior written consent of Landlord which Landlord, Tenant may make at its expense additional improvements or alterations to the Premises. Any repairs or new construction by Tenant shall not be unreasonably withheld or delayed; done in conformity with plans and specifications approved by Landlord, by contractors approved by Landlord, (provided, however, with regard that Landlord may require that such work be performed by Landlord's employees or contractor(s) employed by Landlord) and subject to alterations or additions that would affect the Building’s structure or its HVAC, plumbing, electrical or mechanical systems, Landlord’s consent 's reasonable rules and regulations regarding such construction. All work performed shall be done lien-free in its sole a workmanlike manner and absolute discretionshall become the property of Landlord. All alterationsLandlord may require that Tenant provide to Landlord, at Tenants expense, a lien and completion bond in an amount equal to 150% of the estimated cost of any improvements, additions, and improvements made or alterations in the Premises. Landlord shall not unreasonably withhold its consent to or fixtures Tenant's proposed alterations or improvements placed in if the conditions of this Section 13 are satisfied. Landlord may require Tenant to remove any improvements or upon alterations at the expiration or termination of the Term, such removal to occur at Tenant's expense; and Tenant shall repair all damage to the Premises by either party (except only moveable trade fixtures of Tenant) shall be deemed a part of the or Building and the property of the Landlord at the time they are placed in or upon the Premises, and they shall remain upon and be surrendered with the Premises occurring as a part thereof at the termination result of this Lease, unless Landlord shall elect otherwise, whether such termination shall occur by the lapse of time or otherwiseremoval. In the event Tenant fails to remove any improvements or alterations as required by Landlord or repair any damage occurring during such removal, Landlord shall elect that certain alterations, additions and be entitled to remove any improvements made by Tenant in the Premises shall be removed by Tenant, Tenant shall remove them and Tenant shall restore the Premises to its original conditionor alterations or make such repairs, at Tenant’s own cost and 's expense, prior and shall further be entitled to draw upon the termination of the Lease Term. Alterations and additions to the Premises will be performed by Landlord at Tenant’s cost and expense. Tenant acknowledges that Landlord’s approval of any alterations or additions shall not be a representation by Landlord that such alterations, additions or improvements comply with applicable lawsDeposit.
Appears in 1 contract
Samples: Lease (Vsource Inc)
Alterations and Additions by Tenant. Tenant shall make no alterations in or additions to the Premises in excess of $20,000 per annum without the prior written consent of Landlord Landlord, which consent shall not be unreasonably withheld or delayed; provided, however, with regard to alterations or additions that would affect the Building’s structure or its HVAC, plumbing, electrical or mechanical systems, Landlord’s consent shall be in its sole and absolute discretion. All all alterations, additions, and improvements made to or fixtures or improvements placed in or upon the Premises by either party (except only moveable trade fixtures of Tenant) shall be deemed a part of the Building and the property of the Landlord at the time they are placed in or upon the Premises, and they shall remain upon and be surrendered with the Premises as a part thereof at the termination of this Lease, unless Landlord shall elect otherwise, whether such termination shall occur by the lapse of time or otherwise. All work done by Tenant shall be performed in a good and workmanlike manner by a contractor approved by Landlord, in compliance with applicable laws and at such times and in such manner as to not cause interference with other tenants in the Building. In the event Landlord shall elect that certain alterations, additions and improvements made by Tenant in the Premises shall be removed by Tenant, Tenant shall remove them and Tenant shall restore the Premises to its original condition, at Tenant’s 's own cost and expense, prior to the termination of the Lease Term. Alterations and additions to the Premises will be performed by Landlord at Tenant’s 's cost and expense. Tenant acknowledges that Landlord’s approval of any alterations or additions shall not be a representation by Landlord that such alterations, additions or improvements comply with applicable laws.
Appears in 1 contract
Alterations and Additions by Tenant. Tenant shall make no alterations in or additions to the Premises without the prior written consent of Landlord Landlord, which consent shall not be unreasonably withheld or delayed; provided, however, with regard Landlord may withhold its consent to alterations any alteration or additions addition that would adversely affect (in the reasonable discretion of Landlord) (a) the Building’s structure or its HVAC, plumbing, electrical the Building’s systems (including the Building’s restrooms or mechanical systemsrooms), Landlord(b) the exterior appearance of the Building, (c) the appearance of the Building’s consent shall be in its sole and absolute discretioncommon areas or elevator lobby areas, or (d) the provision of services to other occupants of the Building. All alterations, additions, and improvements made to or fixtures or improvements placed in or upon the Premises by either party (except only moveable trade fixtures of Tenant) shall be deemed a part of the Building and the property of the Landlord at the time they are placed in or upon the Premises, and they shall remain upon and be surrendered with the Premises as a part thereof at the termination of this Lease, unless Landlord shall elect otherwise, whether such termination shall occur by the lapse of time or otherwise. In the event Landlord shall elect that certain alterations, additions and improvements made by Tenant in the Premises shall be removed by Tenant, Tenant shall remove them and Tenant shall restore the Premises to its original condition, at Tenant’s own cost and expense, prior to the termination of the Lease Term. Alterations and additions to the Premises will be performed by Landlord at Tenant’s cost and expense. Tenant acknowledges that Landlord’s approval of any alterations or additions shall not be a representation by Landlord that such alterations, additions or improvements comply with applicable laws.
Appears in 1 contract
Alterations and Additions by Tenant. Following installation of the initial tenant improvements, Tenant shall not make no any additional improvements or alterations in or additions to the Premises without the prior written consent of Landlord which, with respect to any alterations that do not impact Building systems or structure or reduce the value of the Building or reduce the RSF of the laboratory space, shall not be unreasonably withheld or delayed but may be subject to such reasonable conditions as Landlord deems necessary or desirable. Any repairs or new construction by Tenant shall be done (a) at Tenant's sole cost and expense in conformity with plans and specifications approved by Landlord which approval shall not be unreasonably withheld (so long as the changes do not impact Building systems or structure) or delayed but may be subject to such reasonable conditions as Landlord deems necessary or desirable, (b) by contractors approved by Landlord which shall not be unreasonably withheld or delayed; provideddelayed but may be subject to such reasonable conditions as Landlord deems necessary or desirable, however, with regard and (c) subject to alterations or additions that would affect the Building’s structure or its HVAC, plumbing, electrical or mechanical systems, Landlord’s consent 's reasonable rules and regulations regarding such construction. All work performed shall be done lien-free in its sole a good and absolute discretion. All alterations, additions, and improvements made to or fixtures or improvements placed in or upon workmanlike manner consistent with the Premises by either party (except only moveable trade fixtures of Tenant) shall be deemed a part overall quality of the Building and shall become the property of Landlord. Prior to commencing any work costing more than Fifty Thousand Dollars ($50,000) or the supply or furnishing of any labor, services and/or materials in connection with any such work, Landlord at the time they are placed in or upon the Premises, and they shall remain upon and be surrendered with the Premises as a part thereof at the termination of this Lease, unless Landlord shall elect otherwise, whether such termination shall occur by the lapse of time or otherwise. In the event Landlord shall elect may require that certain alterations, additions and improvements made by Tenant in the Premises shall be removed by Tenant, Tenant shall remove them and Tenant shall restore the Premises provide to its original conditionLandlord, at Tenant’s own cost and 's expense, prior a lien and completion bond in an amount equal to the termination 120% of the Lease Term. Alterations and additions to the Premises will be performed by Landlord at Tenant’s estimated cost and expense. Tenant acknowledges that Landlord’s approval of any improvements, additions, or alterations or additions shall not be a representation by Landlord that such alterations, additions or improvements comply with applicable lawsin the Premises.
Appears in 1 contract
Alterations and Additions by Tenant. Tenant shall make no material alterations (e.g., structural, mechanical, electrical, plumbing) in or additions to the Premises without the prior written consent of Landlord which shall not be unreasonably withheld or delayedLandlord; provided, however, with regard to alterations or additions that would affect the Building’s structure or its HVAC, plumbing, electrical or mechanical systems, Landlord’s consent shall be in its sole and absolute discretion. All all alterations, additions, and improvements made to or fixtures Fixtures or improvements placed in or upon the Premises by either party (except only moveable trade fixtures of Tenant) shall be deemed a part of the Building and the property of the Landlord at the time they are placed in or upon the Premises, and they shall remain upon and be surrendered with the Premises as a part thereof at the termination of this Lease, unless Landlord shall elect otherwise, whether such termination shall occur by the lapse of time or otherwise. In the event Landlord shall elect that certain alterations, additions and improvements made by Tenant in the Premises shall be removed by Tenant, Tenant shall remove them and Tenant shall restore the Premises to its original condition, at Tenant’s 's own cost and expense, prior to the termination of the Lease Term; provided, however, that Tenant shall not be obligated to remove any improvements which are specified in the Approved Working Drawings contemplated in EXHIBIT D-l and EXHIBIT D-2. Alterations and additions to the Premises will be performed by Landlord at Tenant’s 's cost and expense. Tenant acknowledges that Landlord’s approval of any alterations or additions shall not be a representation by Landlord that such alterations, additions or improvements comply with applicable laws.
Appears in 1 contract
Samples: Sublease Agreement (Viewlocity Inc)
Alterations and Additions by Tenant. Tenant shall make no alterations in or additions to the Premises without With the prior written consent of Landlord which Landlord, Tenant may make at its expense additional improvements or alterations to the Premises. Any repairs or new construction by Tenant shall not be unreasonably withheld or delayed; done in conformity with plans and specifications approved by Landlord, by contractors approved by Landlord, (provided, however, with regard that Landlord may require that such work be performed by Landlord's employees or contractor(s) employed by Landlord) and subject to alterations or additions that would affect the Building’s structure or its HVAC, plumbing, electrical or mechanical systems, Landlord’s consent 's reasonable rules and regulations regarding such construction. All work performed shall be done lien-free in its sole a workmanlike manner and absolute discretionshall become the property of Landlord. All alterationsLandlord may require that Tenant provide to Landlord, at Tenant's expense, a lien and completion bond in an amount equal to 150% of the estimated cost of any improvements, additions, and improvements made or alterations in the Premises. Landlord shall not unreasonably withhold its consent to or fixtures Tenant's proposed alterations or improvements placed in if the conditions of this Section 13 are satisfied. Landlord may require Tenant to remove any improvements or upon alterations at the expiration or termination of the Term, such removal to occur at Tenant's expense; and Tenant shall repair all damage to the Premises by either party (except only moveable trade fixtures of Tenant) shall be deemed a part of the or Building and the property of the Landlord at the time they are placed in or upon the Premises, and they shall remain upon and be surrendered with the Premises occurring as a part thereof at the termination result of this Lease, unless Landlord shall elect otherwise, whether such termination shall occur by the lapse of time or otherwiseremoval. In the event Tenant fails to remove any improvements or alterations as required by Landlord or repair any damage occurring during such removal, Landlord shall elect that certain alterations, additions and be entitled to remove any improvements made by Tenant in the Premises shall be removed by Tenant, Tenant shall remove them and Tenant shall restore the Premises to its original conditionor alterations or make such repairs, at Tenant’s own cost and 's expense, prior and shall further be entitled to draw upon the termination of the Lease Term. Alterations and additions to the Premises will be performed by Landlord at Tenant’s cost and expense. Tenant acknowledges that Landlord’s approval of any alterations or additions shall not be a representation by Landlord that such alterations, additions or improvements comply with applicable lawsDeposit.
Appears in 1 contract