Common use of Alterations of Premises Clause in Contracts

Alterations of Premises. (a) All changes, alterations or modifications to the Premises (collectively, "Alterations") shall be made in accordance with this Section 5.3. Tenant shall have the right to perform non-structural modifications to, remodel and redecorate, retexturize, recarpet and repaint the Premises without obtaining the prior written consent of Landlord; provided (i) the proposed Alteration does not affect the exterior appearance of the Premises, including, without limitation, the storefront or the storefront sign of the Premises, or the roof, foundation, supports or structural integrity of the building of which the Premises is a part; (ii) Tenant submits an information copy of all remodeling plans to Landlord at least thirty (30) days prior to the date any such work is scheduled to commence; (iii) the total cost of all work involved in the Alteration does not exceed Three Hundred Thousand Dollars ($300,000) in any one project or an aggregate amount of Six Hundred Thousand Dollars ($600,000) in any one Lease Year; and (iv) such work does not violate any code, ordinance or Requirement and does not cause Landlord's insurance rates to increase. Except for the foregoing, Tenant shall not make any Alterations to any portion of the Premises without, in each instance, obtaining Landlord's prior written consent.

Alterations of Premises. (a) All changes, alterations or modifications to the Premises (collectively, "Alterations") shall be made in accordance with this Section 5.3. Tenant shall have the right to perform non-structural modifications to, remodel and redecorate, retexturize, recarpet and repaint the Premises without obtaining the prior written consent of Landlord; provided (i) the proposed Alteration does not affect the exterior appearance of the Premises, including, without limitation, the storefront or the storefront sign of the Premises, or the roof, foundation, supports or structural integrity of the building of which the Premises is a part; (ii) Tenant submits an information copy of all remodeling plans to Landlord at least thirty (30) days prior to the date any such work is scheduled to commence; (iii) the total cost of all work involved in the Alteration does not exceed Three Hundred Thousand Dollars ($300,000) in any one project or an aggregate amount of Six Hundred Thousand Dollars ($600,000) in any one Lease Year); and (iv) such work does not violate any code, ordinance or Requirement and does not cause Landlord's insurance rates to increase. Except for the foregoing, Tenant shall not make any Alterations to any portion of the Premises without, in each instance, obtaining Landlord's prior written consent.