Common use of Demolition and Removal of Improvements Clause in Contracts

Demolition and Removal of Improvements. In the event the Landlord does not exercise its right to retain the Improvements, then within one hundred eighty (180) days after the Expiration Date or termination date of this Lease (the “Removal Period”), Tenant shall demolish and/or remove, any and all the improvements placed, constructed or installed on the Leased Premises by or for the benefit of Tenant and any and all improvements placed, constructed or installed on the Installation (outside the Leased Premises) by Tenant or for the benefit of Tenant and Tenant shall restore the Leased Premises and the Access Area(s) to a condition substantially similar to the condition they existed in on the Lease Effective Date; reasonable wear and tear excepted. Notwithstanding the foregoing or anything to the contrary in this Lease, the Landlord may, in its sole discretion, require Tenant to remove all improvements from the Leased Premises, whether or not existing as of the Effective Date, and restore the Leased Premises to the condition that existed before the construction of improvements on the Leased Premises, whether such construction was performed by Tenant or a predecessor of Tenant in the operation of school(s) on the Leased Premises. If the Tenant shall fail comply with the requirements of this section, then, at the option of the Landlord, the Improvements shall either become the property of the Landlord without compensation or cost to the Landlord, or the Landlord may cause it to be removed and the Leased Premises and Access Area(s) to be so restored at the expense of the Tenant, and no claim for damages against the Landlord or its officers, employees, or agents shall be created by or made on account of such removal and restoration work. Tenant’s surrender of the Improvements shall not be deemed to be a payment of rent in lieu of any Rent due under this Lease.

Demolition and Removal of Improvements. In the event the Landlord Government does not exercise its right to retain the Improvements, then within one hundred eighty (180) days after the Expiration Date or termination date of this Lease (the “Removal Period”), Tenant Lessee shall demolish and/or remove, any and all the improvements placed, constructed or installed on the Leased Premises by or for the benefit of Tenant Lessee and any and all improvements placed, constructed or installed on the Installation (outside the Leased Premises) by Tenant Lessee or for the benefit of Tenant Lessee and Tenant Lessee shall restore the Leased Premises and the Access Area(s) to a condition substantially similar to the condition they existed in on the Lease Effective Date; Date as evidenced by the “Initial Physical Condition Report” attached hereto and incorporated herein as Exhibit G and the Environmental Documents, reasonable wear and tear excepted. Notwithstanding the foregoing or anything to the contrary in this Lease, the Landlord Government may, in its sole discretion, require Tenant Lessee to remove all improvements from the Leased Premises, whether or not existing as of the Effective Date, and restore the Leased Premises to the condition that existed before the construction of improvements on the Leased Premises, whether such construction was performed by Tenant Lessee or a predecessor of Tenant Lessee in the operation of school(s) on the Leased Premises. If the Tenant Lessee shall fail comply with the requirements of this section, then, at the option of the LandlordGovernment, the Improvements shall either become the property of the Landlord United States without compensation or cost to the LandlordGovernment, or the Landlord Government may cause it to be removed and the Leased Premises and Access Area(s) to be so restored at the expense of the TenantLessee, and no claim for damages against the Landlord United States or its officers, employees, or agents shall be created by or made on account of such removal and restoration work. TenantLessee’s surrender of the Improvements shall not be deemed to be a payment of rent in lieu of any Rent due under this Lease.