Common use of EXTRAORDINARY CAPITAL EXPENDITURES Clause in Contracts

EXTRAORDINARY CAPITAL EXPENDITURES. If, during the Term of this Lease, Landlord should agree to make any extraordinary Capital Improvements to the Premises, such extraordinary Capital Improvements being the result of either (i) Tenant's request, or (ii) Landlord's determination, in its sole discretion, that, due to Tenant's activities upon the Premises such improvements are necessary, then Landlord may either immediately charge Tenant for the costs of all such Capital Improvements, which costs shall be paid by Tenant within 30 days of Landlord's request therefor, or add to the Rent (to be paid in monthly installments), an amount equal to the annual depreciation or amortization with respect to the cost of such equipment or capital improvement, as determined by Landlord in accordance with generally accepted accounting principles, together with interest on such cost or the unamortized balance thereof at the rate as may have to be paid by or accrued on the books of Landlord on the unamortized balance.

EXTRAORDINARY CAPITAL EXPENDITURES. If, during the Term of this Lease, ---------------------------------- Landlord should agree to make any extraordinary Capital Improvements to the PremisesPremises (which shall exclude any improvements made in connection with Landlord's normal provision of maintenance and repair of the Building and the Premises hereunder as provided in Section 8.01 of this Lease), such extraordinary Capital Improvements being the result of either (i) Tenant's request, or (ii) Landlord's determination, in its sole discretion, that, due to Tenant's activities upon the Premises such improvements are necessary, then Landlord may either (x) immediately charge Tenant for the costs of all such Capital Improvements, which costs shall be paid by Tenant within 30 days of Landlord's request therefor, invoice or (y) add to the Rent (to be paid in monthly installments), an amount equal to the annual depreciation or amortization with respect to the cost of such equipment or capital improvement, as determined by Landlord in accordance with generally accepted accounting principles, together with interest on such cost or the unamortized balance thereof at the rate as may have to be paid by or accrued on the books of Landlord on the unamortized balance.