Common use of Alterations by Lessee Clause in Contracts

Alterations by Lessee. Lessee agrees to make no alterations in or additions to the Leased Premises without first obtaining the written consent of Lessor; and all alterations, additions or improvements made by either party at the expense of the Lessee (except only movable office furniture not attached to the Building) shall be deemed a part of the real estate and the property of Lessor and shall remain upon and be surrendered with the Leased Premises as a part thereof, without molestation, disturbance or injury at the end of said term, whether by lapse of time or otherwise. At its option, Lessor may require removal of all improvements made by Lessee to the Leased Premises and that the Leased Premises be returned to their condition at the time this Lease was executed. In the event Lessee makes any additions, alterations or improvements in excess of $1,000.00, a performance bond shall be posted by the Lessee insuring the Lessor against any liability for mechanic's liens. Lessee shall not permit any lien or claim for lien of any mechanic, laborer or supplier or any other lien to be filed against the Complex, the Building, the Common Areas, the land which comprises the Complex, the Premises, or any part of such property arising out of work performed, or alleged to have been performed by, or at the direction of, or on behalf of Lessee. If Lessee fails to have such lien or claim for lien so released or to deliver such bond to Lessor, Lessor without investigating the validity of such lien, may pay or discharge the same and Lessee shall reimburse Lessor upon demand for the amount so paid by Lessor, including Lessors expenses and attorneys' fees.

Appears in 2 contracts

Samples: Office Lease (Good Times Restaurants Inc), Office Lease (Good Times Restaurants Inc)

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Alterations by Lessee. Lessee agrees to make no alterations in or additions to the Leased Premises without first obtaining the written consent of Lessor; and all alterations, additions or improvements made by either party at the expense of the Lessee (except only movable office furniture not attached to the Building) shall be deemed a part of the real estate and the property of Lessor and shall remain upon and be surrendered with the Leased Premises as a part thereof, without molestation, disturbance or injury at the end of said term, whether by lapse of time or otherwise. At its option, Lessor may require removal of all improvements made by Lessee to the Leased Premises and that the Leased Premises be returned to their condition at the time this Lease was executed, unless the parties agree at the time Lessor grants its consent to such alterations that such removal shall not be required. In the event Lessee makes any additions, alterations or improvements in excess of $1,000.00, a performance bond shall be posted by the Lessee insuring the Lessor against any liability for mechanic's liens. All improvements to the Leased Premises if requested in writing by Lessee and approved by Lessor shall not permit any lien or claim for lien of any mechanic, laborer or supplier or any other lien to be filed against the Complex, the Building, the Common Areas, the land which comprises the Complex, the Premises, or any part of such property arising out of work performed, or alleged to have been performed by, or made at the direction of, or on behalf sole cost and expense of Lessee. If Lessee fails to have such lien or claim for lien so released or to deliver such bond to Lessor, Lessor without investigating the validity of such lien, may pay or discharge the same and Lessee shall reimburse comply with all requirements of Lessor upon demand for with respect to the amount so paid by Lessorproposed improvements, including Lessors expenses and attorneys' fees.including, without limiting the generality of the foregoing the following:

Appears in 1 contract

Samples: Master Lease (Nxtrend Technology Inc)

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Alterations by Lessee. Lessee agrees to shall make no alterations in or additions to the Leased Premises without first obtaining the written consent of Lessor; and all alterations, additions or improvements to the Premises without the prior written consent of Lessor which consent shall not be unreasonably withheld. All alterations, additions and improvements made by either party by, for or at the expense direction of the Lessee (except only movable office furniture not attached to the Building) shall be deemed a part of the real estate and shall, when made become the property of Lessor and shall remain upon and be surrendered with the Leased Premises as a part thereofpart, without molestation, disturbance or injury thereof at the end expiration or earlier termination of said termthis Lease. Upon the expiration or any earlier termination of this Lease, whether Lessee shall promptly reimburse Lessor for any expense or cost incurred by lapse of time or otherwise. At its option, Lessor may require removal of all improvements made by Lessee in restoring the Premises to the Leased condition in which the Premises and that the Leased Premises be returned to their condition were at the time this Lease was executed. In Lessee shall have occupied the event Lessee makes any additionssame, alterations ordinary wear and tear, fire or other casualty not caused by Lessee, additions and improvements to the Premises consented to in excess of $1,000.00, a performance bond shall be posted writing by the Lessee insuring the Lessor against any liability for mechanic's liensexcepted. Lessee shall not permit promptly pay and discharge any lien and all licensees, imposts, liens or claim for lien of any mechanic, laborer or supplier or any other lien to be filed against the Complex, the Building, the Common Areas, the land which comprises the Complex, the Premises, or any part of such property charges arising out of work performed, or alleged to have been performed by, in connection with the performance of any act required of or at permitted Lessee hereunder and shall keep the direction of, Premises free and clear from any and all such liens or on behalf of Lesseecharges. If Lessee fails to have such lien or claim for lien so released or to deliver such bond to Lessor, Lessor without investigating the validity of such lien, may pay or discharge the same and Lessee shall reimburse Lessor upon demand for the amount so paid by Lessor, including Lessors expenses and attorneys' fees9.

Appears in 1 contract

Samples: Lease Agreement (Capital Bank Corp)

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