Common use of CONDITION AND REPAIR OF PREMISES Clause in Contracts

CONDITION AND REPAIR OF PREMISES. Tenant has inspected the Premises before the execution of this Lease Renewal and agrees the Premises is in good condition and hereby accepts the Premises in its As Is, present condition. Tenant must maintain the lawn and is responsible for any expenses associated with such maintenance. Landlord must pay for all ordinary and necessary repairs to equipment or appliances located on the Premises which become mandated, within the sole determination of Landlord, during the Term. In the event the cost of the ordinary and necessary repairs is less than $50, Tenant may pay for the repairs and submit the invoice to Landlord for reimbursement. Landlord is not obligated to pay for any major repair to the equipment or appliances located on the Premises in which the cost of the repair exceeds $5,000. In the event a major repair becomes necessary, Landlord or Tenant may terminate this Lease Renewal and Tenant must vacate the Premises within 30 days from the date of such termination, whereupon the rights of the parties hereunder will cease. Landlord is not responsible for, and Tenant must pay for, all costs of repairs and other expenses which arise as a result of loss, damage or destruction to the Premises or personal property thereon caused by the negligence or intentional acts of Tenant or Tenant's guests. Tenant must not make any alterations, additions or structural changes to or upon the Premises without Landlord’s prior written consent. All repairs or alterations must be done in compliance with applicable government codes and standards. Tenant recognizes that mold and mildew are naturally occurring substances and takes sole responsibility for preventing the growth of mold at the Premises.

Appears in 2 contracts

Samples: Lease Renewal, Lease Renewal

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CONDITION AND REPAIR OF PREMISES. Tenant has inspected the Premises before the execution of this Lease Renewal Agreement and agrees the Premises is in good condition and hereby accepts the Premises in its As Is, present condition. Tenant must maintain the lawn and the swimming pool and is responsible for any expenses associated with such maintenance. Landlord must pay for all ordinary and necessary repairs to equipment or appliances located on the Premises which become mandated, within the sole determination of Landlord, during the Term. In the event the cost of the ordinary and necessary repairs is less than $50, Tenant may pay for the repairs and submit the invoice to Landlord for reimbursement. Landlord is not obligated to pay for any major repair to the equipment or appliances located on the Premises in which the cost of the repair exceeds $5,000. In the event a major repair becomes necessary, Landlord or Tenant may terminate this Lease Renewal Agreement and Tenant must vacate the Premises within 30 days from the date of such termination, whereupon the rights of the parties hereunder will cease. Landlord is not responsible for, and Tenant must pay for, all costs of repairs and other expenses which arise as a result of loss, damage or destruction to the Premises or personal property thereon caused by the negligence or intentional acts of Tenant or Tenant's guests. Tenant must not make any alterations, additions or structural changes to or upon the Premises without Landlord’s prior written consent. All repairs or alterations must be done in compliance with applicable government codes and standards. Tenant recognizes that mold and mildew are naturally occurring substances and takes sole responsibility for preventing the growth of mold at the Premises.

Appears in 1 contract

Samples: Lease Agreement

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CONDITION AND REPAIR OF PREMISES. Tenant has inspected the Premises before the execution of this Lease Renewal Agreement and agrees the Premises is in good condition and hereby accepts the Premises in its As Is, present condition. Tenant must maintain the lawn and is responsible for any expenses associated with such maintenance. Landlord must pay for all ordinary and necessary repairs to equipment or appliances located on the Premises which become mandated, within the sole determination of Landlord, during the Term. In the event the cost of the ordinary and necessary repairs is less than $50, Tenant may pay for the repairs and submit the invoice to Landlord for reimbursement. Landlord is not obligated to pay for any major repair to the equipment or appliances located on the Premises in which the cost of the repair exceeds $5,000. In the event a major repair becomes necessary, Landlord or Tenant may terminate this Lease Renewal Agreement and Tenant must vacate the Premises within 30 days from the date of such termination, whereupon the rights of the parties hereunder will cease. Landlord is not responsible for, and Tenant must pay for, all costs of repairs and other expenses which arise as a result of loss, damage or destruction to the Premises or personal property thereon caused by the negligence or intentional acts of Tenant or Tenant's guests. Tenant must not make any alterations, additions or structural changes to or upon the Premises without Landlord’s prior written consent. All repairs or alterations must be done in compliance with applicable government codes and standards. Tenant recognizes that mold and mildew are naturally occurring substances and takes sole responsibility for preventing the growth of mold at the Premises.

Appears in 1 contract

Samples: Lease Agreement

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