Common use of Damage to Premises and Common Areas Clause in Contracts

Damage to Premises and Common Areas. Tenant is responsible for damage caused by Tenant or Tenant’s guests, except for reasonable wear and tear. Tenant must pay Landlord for the cost to repair any loss or damage to the Premises. This applies if the damages occur during the Term or if they are only discovered during the final inspection. Tenant must also pay Landlord for the cost to repair any loss or damage to the Common Areas caused by Tenant or Tenant’s guests. This includes Common Area amenities, building-wide shared living spaces, and other parts of the Facility. Because Tenant may occupy the Unit with other Tenants, if the Unit is damaged and Landlord cannot reasonably determine who caused the damage, then Tenant will be responsible to pay Landlord a proportionate share of Landlord's cost to repair any loss or damage to the Unit during the Term or existing on the Term Ending Date. Tenant’s share will be determined by the total number of Tenants in the Unit or Premises. All of Tenant’s payments for repair and damages under this Section are due immediately when requested by Landlord. Landlord's “costs of repair including material and labor” in this Section will include Landlord's actual out-of-pocket expenses.

Appears in 3 contracts

Samples: University Student Housing, University Student Housing 2022 2023 Lease Agreement, University Student Housing 2023 2024 Lease Agreement

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Damage to Premises and Common Areas. Tenant is responsible for damage caused by Tenant or Tenant’s guests, except for reasonable wear and tear. Tenant must pay Landlord for the cost to repair any loss or damage to the Premises. This applies if the damages occur during the Term or if they are only discovered during the final inspection. Tenant must also pay Landlord for the cost to repair any loss or damage to the Common Areas caused by Tenant or Tenant’s guests. This includes Common Area amenities, building-wide shared living spaces, and other parts of the Facility. Because Tenant may occupy the Unit with other Tenantstenants, if the Unit is damaged and Landlord cannot reasonably determine who caused the damage, then Tenant will be responsible to pay Landlord a proportionate share of Landlord's cost to repair any loss or damage to the Unit during the Term or existing on the Term Ending Date. Tenant’s share will be determined by the total number of Tenants tenants in the Unit or Premises. All of Tenant’s payments for repair and damages under this Section are due immediately when requested by Landlord. Landlord's “costs of repair including material and laborrepair” in this Section will include Landlord's actual out-of-pocket expenses, plus overhead costs of 15%.

Appears in 2 contracts

Samples: University Student Housing 2018 2019 Lease Agreement, University Student Housing 2017 2018 Lease Agreement

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Damage to Premises and Common Areas. Tenant is responsible for damage caused by Tenant or Tenant’s guests, except for reasonable wear and tear. Tenant must pay Landlord for the cost to repair any loss or damage to the Premises. This applies if the damages occur during the Term or if they are only discovered during the final inspection. Tenant must also pay Landlord for the cost to repair any loss or damage to the Common Areas caused by Tenant or Tenant’s guests. This includes Common Area amenities, building-wide shared living spaces, and other parts of the Facility. Because Tenant may occupy the Unit with other Tenantstenants, if the Unit is damaged and Landlord cannot reasonably determine who caused the damage, then Tenant will be responsible to pay Landlord a proportionate share of Landlord's cost to repair any loss or damage to the Unit during the Term or existing on the Term Ending Date. Tenant’s share will be determined by the total number of Tenants tenants in the Unit or Premises. All of Tenant’s payments for repair and damages under this Section are due immediately when requested by Landlord. Landlord's “costs of repair including material and laborrepair” in this Section will include Landlord's actual out-of-of- pocket expenses, plus overhead costs of 15%.

Appears in 2 contracts

Samples: University Student Housing 2016 2017 Lease Agreement, Lease Agreement

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