Common use of Business and Trade Fixtures Clause in Contracts

Business and Trade Fixtures. The Tenant may install its usual business and trade fixtures in the usual manner, provided such installation does not damage the Premises or the Building and provided further that the Tenant shall have, if requested by the Landlord, submitted plans and specifications for such business and trade fixtures to the Landlord and obtained its prior written consent thereto, which consent shall not be unreasonably withheld. All business and trade fixtures owned or installed by the Tenant in or on the Premises shall remain the property of the Tenant and shall be removed by the Tenant at the expiration of the Term or any renewal thereof or at the sooner termination thereof, provided that the Tenant at its expense shall repair any damage to the Premises, the Building and the Land caused by such removal, and provided further, that the Tenant shall not be in default under any covenant or agreement contained herein at the time of such removal, and if in default, the Landlord shall have a lien on the Tenant's business and trade fixtures as security against loss or damage resulting from any such default by the Tenant and the Tenant's business and trade fixtures shall not be removed by the Tenant until such default is cured, unless otherwise directed by the Landlord. The Landlord may elect to require the Tenant to remove all or any part of the business and trade fixtures owned or installed by or on behalf of the Tenant at the expiration or termination of the Term or any renewal thereof, in which event such removal shall be done at the Tenant's expense and the Tenant shall at its expense, repair any damage to the Premises, the Building and the Land caused by such removal. If the Tenant does not remove its business and trade fixtures forthwith after written demand by the Landlord, such property shall, if the Landlord elects, be deemed to become the Landlord's property or the Landlord may remove the same at the expense of the Tenant and the cost of such removal shall be paid by the Tenant forthwith to the Landlord on written demand, and the Landlord shall not be responsible for any loss or damage to such property as a result of such removal.

Appears in 1 contract

Samples: Indenture (Ableauctions Com Inc)

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Business and Trade Fixtures. The Tenant may install its usual business and trade fixtures in the usual mannermanner in the Premises, provided such installation does not damage the Premises or the Building and provided further that the Tenant shall havethat, if requested by the Landlord, the Tenant has submitted to the Landlord plans and specifications for such business and trade fixtures to the Landlord and obtained its the prior written consent theretoof the Landlord to them, which consent shall will not be unreasonably withheld. All business and trade fixtures owned or installed by the Tenant in or on the Premises shall will remain the property of the Tenant and shall will be removed by the Tenant at the expiration of the Term or any renewal thereof of it or at the sooner termination thereofof it, provided that the Tenant at its expense shall will repair any damage to the Premises, the Land, or the Building and the Land caused by such removal, subject to reasonable wear and tear. Such removal by the Tenant will be permitted provided further, that the Tenant shall is not be in default under any covenant or agreement contained herein in this Lease at the time of such removal, ; and if in default, the Landlord shall will have a lien on the Tenant's business and ’s trade fixtures as security against loss or damage resulting from any such default by the Tenant Tenant, and the Tenant's business and ’s trade fixtures shall will not be removed by the Tenant until such default is cured, unless otherwise directed by the Landlord. The Landlord may elect to require the Tenant to remove all or any part of the business and trade fixtures owned or installed by or on behalf of the Tenant at the expiration or termination of the Term or any renewal thereofof it, in which event such removal shall will be done at the Tenant's ’s expense and the Tenant shall will, at its expense, repair any damage to the Premises, the Building Building, and the Land caused by such removal, subject to reasonable wear and tear. If the Tenant does not remove its business and trade fixtures forthwith promptly after written demand by the Landlord, such property shallwill, if the Landlord elects, be deemed to become the Landlord's ’s property or the Landlord may remove the same it at the expense of the Tenant and the cost of such removal shall will be paid by the Tenant forthwith promptly to the Landlord on written demand, and the Landlord shall will not be responsible for any loss or damage to such property as a result of such removal.

Appears in 1 contract

Samples: Certain Confidential Information (Western Magnesium Corp.)

Business and Trade Fixtures. The Tenant may install its usual business and trade fixtures in the usual mannermanner in the Premises, provided such installation does not damage the Premises or the Building and provided further that the Tenant shall havethat, if requested by the Landlord, the Tenant shall have submitted to the Landlord plans and specifications for such business and trade fixtures to the Landlord and obtained its the prior written consent of the Landlord thereto, which consent shall not be unreasonably withheld. All business and trade fixtures owned or installed by the Tenant in or on the Premises shall remain the property of the Tenant and shall be removed by the Tenant at the expiration of the Term or any renewal thereof or at the sooner termination thereof, provided that the Tenant at its expense shall repair any damage to the Premises, the Land, or the Building and the Land caused by such removal, and . Such removal by the Tenant shall be permitted provided further, that the Tenant shall is not be in default under any covenant or agreement contained herein at the time of such removal, ; and if in default, the Landlord shall have a lien on the Tenant's business and trade fixtures as security against loss or damage resulting from any such default by the Tenant Tenant, and the Tenant's business and trade fixtures shall not be removed by the Tenant until such default is cured, unless otherwise directed by the Landlord. The Landlord may elect to require the Tenant to remove all or any part of the business and trade fixtures owned or installed by or on behalf of the Tenant at the expiration or termination of the Term or any renewal thereof, in which event such removal shall be done at the Tenant's expense and the Tenant shall shall, at its expense, repair any damage to the Premises, the Building Building, and the Land caused by such removal. If the Tenant does not remove its business and trade fixtures forthwith after written demand by the Landlord, such property shall, if the Landlord elects, be deemed to become the Landlord's property or the Landlord may remove the same at the expense of the Tenant and the cost of such removal shall be paid by the Tenant forthwith to the Landlord on written demand, and the Landlord shall not be responsible for any loss or damage to such property as a result of such removal.

Appears in 1 contract

Samples: Service Systems International LTD

Business and Trade Fixtures. The Tenant may install its usual business and trade fixtures in the usual mannermanner in the Premises, provided such installation does not damage the Premises or the Building and provided further that the Tenant shall havethat, if requested by the Landlord, the Tenant shall have submitted to the Landlord plans and specifications for such business and trade fixtures to the Landlord and obtained its the prior written consent of the Landlord thereto, which consent shall not be unreasonably withheld. All business and trade fixtures owned or installed by the Tenant in or on the Premises shall remain the property of the Tenant and shall be removed by the Tenant at the expiration of the Term or any renewal thereof or at the sooner termination thereof, provided that the Tenant at its expense shall repair any damage to the Premises, the Building and the Land Premises caused by such removal, and . Such removal by the Tenant shall be permitted provided further, that the Tenant shall is not be in default under any covenant or agreement contained herein at the time of such removal, ; and if in default, the Landlord shall have a lien on the Tenant's business and trade fixtures as security against loss or damage resulting from any such default by the Tenant Tenant, and the Tenant's business and trade fixtures shall not be removed by the Tenant until such default is cured, unless otherwise directed by the Landlord. The Landlord may elect to require the Tenant to remove all or any part of the business and trade fixtures owned or installed by or on behalf of the Tenant at the expiration or termination of the Term or any renewal thereof, in which event such removal shall be done at the Tenant's expense and the Tenant shall shall, at its expense, repair any damage to the Premises, the Building and the Land Premises caused by such removal. If the Tenant does not remove its business and trade fixtures forthwith after written demand by the Landlord, such property shall, if the Landlord elects, be deemed to become the Landlord's property or the Landlord may remove the same at the expense of the Tenant and the cost of such removal shall be paid by the Tenant forthwith to the Landlord on written demand, and the Landlord shall not be responsible for any loss or damage to such property as a result of such removal.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Source Interlink Companies Inc)

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Business and Trade Fixtures. The Tenant may install its usual business and trade fixtures in the usual mannermanner in the Premises, provided such installation does not damage the Premises or the Building and provided further that the Tenant shall havethat, if requested by the Landlord, the Tenant shall have submitted to the Landlord plans and specifications for such business and trade fixtures to the Landlord and obtained its the prior written consent of the Landlord thereto, which consent shall not be unreasonably withheld. All business and trade fixtures owned or installed by the Tenant in or on the Premises shall remain the property of the Tenant and shall be removed by the Tenant at the Tenant's sole cost and expense upon the expiration of the Term or any renewal thereof or at the sooner termination thereof, provided that the Tenant at its expense shall repair any damage to the Premises, the Building and the Land caused by such removal, and . Such removal by the Tenant shall be permitted provided further, that the Tenant shall is not be in default under any covenant or agreement contained herein at the time of such removal, and if in default, the Landlord shall have a lien on the Tenant's business and trade fixtures as security against loss or damage resulting from any such default by the Tenant and the Tenant's business and trade fixtures shall not be removed by the Tenant until such default is cured, unless otherwise directed by the Landlord. The Landlord may elect to require the Tenant to remove all or any part of the business and trade fixtures owned or installed by or on behalf of the Tenant at upon the expiration or termination of the Term or any renewal thereofTerm, in which event such removal shall be done at the Tenant's expense and the Tenant shall shall, at its expense, repair any damage to the Premises, the Building and the Land caused cause by such removal. If the Tenant does not remove its business and trade fixtures forthwith after written demand by the Landlord, such property shall, if the Landlord elects, be deemed to become the Landlord's property or the Landlord may remove the same at the expense of the Tenant and the cost of such removal shall be paid by the Tenant forthwith to the Landlord on written demand, and the Landlord shall not be responsible for any loss or damage to such property as a result of such removal.

Appears in 1 contract

Samples: Lease (Vidatron Entertainment Group Inc)

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