ALTERATIONS AND PERSONAL PROPERTY Sample Clauses

ALTERATIONS AND PERSONAL PROPERTY. Tenant shall have the right, without Landlord's consent, to make (i) any alterations, additions or improvements that do not diminish the fair market value of the Premises and are completed in compliance with all applicable building and zoning codes and other Laws, and (ii) any non-structural alterations, additions or improvements involving, in the aggregate, expenditures of less than $200,000, which are completed in compliance with all applicable building and zoning codes and other Laws. Except as set forth in the previous sentence, Tenant shall not make or suffer to be made any alterations, additions or improvements to the Premises without the prior written consent of Landlord, which Landlord shall not unreasonably withhold. Any alterations, additions or improvements to the Premises, but not including movable furniture and trade fixtures, shall at the termination or expiration of this Lease or of Tenant's right to possession become a part of the realty and belong to Landlord. All alterations, additions or improvements to the Premises shall be made by Tenant at Tenant's sole cost and expense, without any obligation of Landlord to reimburse Tenant therefor (provided that the foregoing shall not limit Landlord's obligation to reimburse Tenant for improvements expressly contemplated by Section 7 in the manner set forth therein). Tenant shall not permit any mechanic's or materialmen's lien to stand against the Premises for any labor or materials provided to the Premises by any contractor or other person hired or retained by Tenant. All alterations and improvements shall be constructed in a good workmanlike manner, in accordance with applicable laws and codes. Upon the expiration or sooner termination of the term of this Lease or of Tenant's right to possession, Tenant shall, upon demand by Landlord, at Tenant's sole cost and expense, forthwith remove any alterations, additions or improvements made by Tenant, designated by Landlord to be removed, and Tenant shall forthwith at its sole cost and expense, repair any damage to the Premises caused by such removal and restore the Premises to their condition at the commencement of the Lease.
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ALTERATIONS AND PERSONAL PROPERTY. Section 5.1 Licensee shall not make any changes, additions, improvements, alterations or other physical changes (including installing window coverings or hanging items or making holes in the walls) to the Licensed Space or any portions thereof, or any of the systems therein or thereon, or bring any furniture or equipment (including laboratory equipment) onto the Licensed Space without the prior written consent of Licensor and Manager. The only signage that will be allowed with respect to the Dedicated Space will be the interior sign installed by Licensor as provided in Schedule III.
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ALTERATIONS AND PERSONAL PROPERTY. 16 Section 14. INSURANCE.........................................17 Section 15. DAMAGE OR DESTRUCTION.............................20 Section 16. INDEMNIFICATION...................................21 Section 17. CONDEMNATION......................................25 Section 18. LIENS.............................................26 Section 19. EXISTING SPACE LEASES; ASSIGNMENT AND SUBLETTING...................................27 Section 20.
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ALTERATIONS AND PERSONAL PROPERTY. (a) Tenant, at its sole expense and without Landlord's approval, shall have the right to make any alterations, additions, installations or other improvements ("Alterations") to the Installations Premises, including, but not limited to, constructing or installing additional Auxiliary Buildings and Communications Facilities on the Installations Premises. In addition, Tenant, at its sole expense and without Landlord's approval, may remove or demolish all or any portion of the Auxiliary Buildings or Communications Facilities. All buildings constructed on the Installations Premises after the Effective Date shall be of a similar or better quality of construction as the Auxiliary Buildings located on the Installations Premises as of the Effective Date.
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ALTERATIONS AND PERSONAL PROPERTY. Section 5.1 Participant shall not make any changes, additions, improvements, alterations or other physical changes (including installing window coverings or hanging items or making holes in the walls) to the TMCx Program Space or any portions thereof, or any of the systems therein or thereon, or bring any furniture or equipment (other than personal computers, cell phones and similar personal use devices) onto the TMCx Program Space without the prior written consent of TMC. No Participant signage is allowed with respect to the Workstation or otherwise under this Agreement without the prior written consent of TMC.
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ALTERATIONS AND PERSONAL PROPERTY. Subject to the proviso of the first sentence of Section 6, Tenant shall have no right to make any structural alterations to the Building without the prior written consent of Landlord and Prime Landlord, which may be withheld in their sole discretion. If Landlord and Prime Landlord approve any such alterations, Tenant must obtain from Landlord and Prime Landlord approval in writing in advance of plans and specifications for the work, and shall keep the Premises free and clear of any lien or claim of lien arising out of any such work occurring, or allegedly occurring, by, through or under Tenant. Tenant shall immediately pay and discharge any such lien or claim of lien that is filed. All inventory, equipment, fixtures and furnishings installed in or attached to the Premises by and at the expense of Tenant may be removed by Tenant at any time during the Lease term provided Tenant is not in default hereunder, and provided that such removal will not damage the Premises or that any damage caused by such removal will be promptly repaired by Tenant at its expense. Any such property not so removed before the expiration of the term of this Lease or the Exhibit 2.4 (continued) earlier termination of this Lease shall, as Landlord's option, become the property of Landlord, or shall be removed by Tenant. Tenant shall repair any damage caused by removal, and these obligations shall survive termination of this Lease or expiration of the Lease term. All personal property owned by Tenant shall be brought onto the Premises at Tenant's sole risk, and Tenant hereby releases Landlord from any liability for damage to such property, no matter how caused.
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Related to ALTERATIONS AND PERSONAL PROPERTY

  • Fixtures and Personal Property All machinery, equipment, fixtures (including, but not limited to all heating, air conditioning, plumbing, lighting, communications and elevator fixtures) and other property of every kind and nature whatsoever owned by Borrower, or in which Borrower has or shall have an interest, now or hereafter located upon the Land or the Improvements, or appurtenant thereto, and used in connection with the present or future operation and occupancy of the Land and the Improvements and all building equipment, materials and supplies of any nature whatsoever owned by Borrower, or in which Borrower has or shall have an interest, now or hereafter located upon the Land and the Improvements, or appurtenant thereto, or used in connection with the present or future operation and occupancy of the Land and the Improvements (collectively, the "Personal Property"), and the right, title and interest of Borrower in and to any of the Personal Property which may be subject to any security interests, as defined in the Uniform Commercial Code, as adopted and enacted by the state or states where any of the Property is located (the "Uniform Commercial Code"), superior in lien to the lien of this Security Instrument and all proceeds and products of the above;

  • Real and Personal Property The Company has good and marketable title to, or has valid rights to lease or otherwise use, all items of real and personal property that are material to the business of the Company free and clear of all liens, encumbrances, claims and defects and imperfections of title except those that (i) do not materially interfere with the use of such property by the Company or (ii) would not reasonably be expected to have a Material Adverse Effect.

  • Replacement of Fixtures and Personalty Mortgagor shall not, without the prior written consent of Mortgagee, permit any of the Fixtures or Personalty owned or leased by Mortgagor to be removed at any time from the Land or Improvements, unless the removed item is removed temporarily for maintenance and repair or is permitted to be removed by the Credit Agreement.

  • Title to Real and Personal Property The Company and its subsidiaries have good and marketable title in fee simple (in the case of real property) to, or have valid and marketable rights to lease or otherwise use, all items of real and personal property and assets that are material to the respective businesses of the Company and its subsidiaries, in each case free and clear of all liens, encumbrances, claims and defects and imperfections of title except those that (i) do not materially interfere with the use made and proposed to be made of such property by the Company and its subsidiaries or (ii) could not reasonably be expected, individually or in the aggregate, to have a Material Adverse Effect.

  • Personal Property 16 5.15 Significant Customers; Material Contracts and Commitments.......16 5.16

  • Real Property; Personal Property (a) Neither the Company nor any of its Subsidiaries owns any real property.

  • Leased Personal Property Other than Personal Property owned by the Company or the Company Subsidiary, the Company or the Company Subsidiary has good and valid leasehold title to all of the tangible personal property Assets used by the Company or the Company Subsidiary, free and clear of any and all Encumbrances other than Permitted Encumbrances which would not permit the termination of the lease therefor by the lessor. Disclosure Schedule 3.9(c) sets forth all Leases for personal property. With respect to each Lease listed on Disclosure Schedule 3.9(c), (i) there has been no breach or default under such Lease by the Company, the Company Subsidiary or by any other party, (ii) the execution, delivery and performance of this Agreement and the consummation of the transactions contemplated hereby will not cause (with or without notice and with or without the passage of time) a default under any such Lease, (iii) such Lease is a valid and binding obligation of the applicable lessor, is in full force and effect and is enforceable by the Company or the Company Subsidiary in accordance with its terms, (iv) no action has been taken by the Company or the Company Subsidiary and no event has occurred which, with notice or lapse of time or both, would permit termination, modification or acceleration by a party thereto other than by the Company or the Company Subsidiary without the consent of the Company or the Company Subsidiary, (v) no party has repudiated any term thereof or threatened to terminate, cancel or not renew any such Lease, and (vi) neither the Company nor the Company Subsidiary has assigned, transferred, conveyed, mortgaged or encumbered any interest therein or in any leased property subject thereto (or any portion thereof).

  • Real and Personal Property Taxes (A) All general and special real and personal property taxes and assessments (collectively, the “Taxes”), based on the regular tax xxxx for the current fiscal year (or, if such tax xxxx has not been issued as of the date of the Closing, the regular tax xxxx for the fiscal year preceding the current fiscal year) shall be prorated between Seller and Buyer at the Closing as of the Proration Date. Without limiting the foregoing, any and all accrued and unpaid supplemental or special real property taxes or assessments that relate to any time period prior to the Proration Date shall be the responsibility of Seller and, if not paid prior to or at Closing, shall be credited to the Buyer at Closing, and any and all supplemental or special real property taxes or assessments that relate to any time period on or after the Proration Date shall be the responsibility of Buyer and if paid by Seller prior to or at Closing, shall be credited to Seller at Closing. Without limiting the foregoing, in the event any supplemental or special real property taxes or assessments are levied prior to Closing, but are due and payable in one or more installments subsequent to the Closing, such supplemental or special real property taxes or assessments shall be allocated on a pro rata basis over the applicable payment period in question and prorated between Seller and Buyer as of the Proration Date. Notwithstanding any of the terms and conditions to the contrary contained in this Section 11.2(a)(iii), in the event any such Taxes are paid for directly by the Tenants to the applicable taxing authorities, such Taxes shall be not prorated between Seller or Buyer

  • Real Estate and Personal Property Taxes A. Except as specifically set forth in Section 4.07.B below, all real estate and personal property taxes, levies, assessments (including special assessments (regardless of when due or whether they are paid as a lump sum or in installments over time) imposed because of facilities that are constructed by or on behalf of the assessing jurisdiction (for example, roads, sidewalks, sewers, culverts, etc.) which directly benefit the Hotel (regardless of whether or not they also benefit other buildings)), “Impact Fees” (regardless of when due or whether they are paid as a lump sum or in installments over time) which are required of Owner as a condition to the issuance of zoning variances or building permits, and similar charges on or relating to the Hotel (collectively, “Impositions”) during the Term shall be paid by Manager from Gross Revenues, before any fine, penalty, or interest is added thereto or lien placed upon the Hotel or upon this Agreement, unless payment thereof is in good faith being contested and enforcement thereof is stayed. Any such payments shall be Deductions in determining Operating Profit. Owner shall, within five (5) days after receipt, furnish Manager with copies of official tax bills and assessments which it may receive with respect to the Hotel. Either Landlord or Owner may, and at Owner’s request Manager shall, initiate proceedings to contest any negotiations or proceedings with respect to any Imposition, and all reasonable costs of any such contest shall be paid from Gross Revenues and shall be a Deduction in determining Operating Profit. Manager shall, as part of its contest or negotiation of any Imposition, be entitled, on Owner’s behalf, to waive any applicable statute of limitations in order to avoid paying the Imposition during the pendency of any proceedings or negotiations with applicable authorities. Notwithstanding anything contained herein to the contrary, at Owner’s option (i) Manager shall establish an escrow account in the name of Owner in a bank or banks designated by Manager with the concurrence of Owner and shall deposit monthly into such account from Gross Revenues an amount that Manager reasonably estimates shall be sufficient to pay the Impositions, in which case Manager shall pay the Impositions from funds in the escrow account as and when the Impositions become due (and Owner shall promptly deposit into the escrow account any deficiency if the estimated monthly payments are not sufficient to pay all of the Impositions) or (ii) the amounts that would otherwise be deposited into such escrow account shall be included in the Operating Profit, not deducted from Gross Revenues and shall be distributed in cash to Owner along with the remainder of the Owner’s Priority. If Owner elects to retain such amounts pursuant to clause (ii) above, Manager shall accrue such amounts as a reserve on the accounting records of the Hotel, and Owner shall fund the same as and when the Impositions become due, but such accrued and unfunded amounts shall be deducted from Gross Revenues for purposes of calculating the Incentive Management Fee. In addition, if any Mortgagee requires the establishment of an escrow account with respect to the Impositions, Manager shall comply with such requirements.

  • Other Personal Property Unless at the time the Secured Party takes possession of any tangible Collateral, or within seven days thereafter, the Debtor gives written notice to the Secured Party of the existence of any goods, papers or other property of the Debtor, not affixed to or constituting a part of such Collateral, but which are located or found upon or within such Collateral, describing such property, the Secured Party shall not be responsible or liable to the Debtor for any action taken or omitted by or on behalf of the Secured Party with respect to such property.

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