Common use of IMPROVEMENTS BY LESSEE Clause in Contracts

IMPROVEMENTS BY LESSEE. The Lessee shall have the right, from time to time, to make such alterations and improvements to, and decoration of, the interior of the premises as shall be reasonably necessary or appropriate for the conduct of Lessee’s business therein; provided that prior to the commencement of any such alterations or improvements the Lessee shall have submitted to Lessor plans in writing of the proposed alterations and/or improvements. If within fifteen (15) days after such plans are submitted by the Lessee to the Lessor for approval, Lessor shall not have given Lessee notice in writing of Lessor’s disapproval, stating the reasons for such disapproval, such plans and specifications shall be considered approved by Lessor. Any alteration, addition or improvement made by the Lessee after such consent shall have been given (including consent obtained due to Lessor’s failure to respond within the fifteen (15) day period), and any fixtures which have been installed and which would damage the building if removed, shall remain the property of Lessee provided that in the event Lessee elects to remove the same prior to the expiration of the lease term Lessee shall repair any damage caused in connection with the removal of the same. Lessee shall submit a request to the Lessor prior to bringing any radioactive or toxic material on the premises for his review and approval. In the event that the leasehold improvements by the Lessee are extensive and at the option of the Lessor, the Lessor may require the Lessee to post a construction completion bond for the work. The Lessor following satisfaction of all materials shall release such bond and labor suppliers as evidenced by lien waivers for the completed construction. Lessor requires that all plans for alterations or improvements to the premises meet applicable building code and utility company requirements and shall fit with the overall aesthetics of the building, as reasonably determined by the Lessor.

Appears in 1 contract

Samples: Commercial Lease (Luna Innovations Inc)

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IMPROVEMENTS BY LESSEE. The Lessee shall have the right, from time to time, right to make such alterations and nonstructural alterations, additions or improvements to, and decoration of, within the interior of the premises Premises as shall be reasonably it considers necessary or appropriate desirable for the conduct of Lessee’s business therein; its business, provided that prior to (i) Lessor has approved said alterations; (ii) all work shall be done in a good and workmanlike manner and in accordance with all applicable laws and regulations and the commencement other provisions of any such alterations or improvements this Lease; (iii) the structural integrity of the. building shall not be impaired; (iv) Lessee shall have submitted submit to Lessor plans in writing of the proposed alterations and/or improvements. If within fifteen (15) days after such plans are submitted by the Lessee to the Lessor for approval, Lessor shall not have given Lessee notice in writing of Lessor’s disapproval, stating the reasons for such disapproval, such complete plans and specifications for any alterations, additions or improvements to the Premises; (v) Lessee shall be considered approved by Lessor. Any alteration, addition or improvement made by not unreasonably interfere with the Lessee after such consent shall have been given (including consent obtained due to Lessor’s failure to respond within the fifteen (15) day period), and any fixtures which have been installed and which would damage use of the building if removedby Lessor or any other tenants; (vi) Lessee shall not permit any liens to attach to the Premises. Except as otherwise provided, all signs, furnishings, trade fixtures and other removable personal property paid for and/or installed in the Premises. by Lessee and not constituting a part of the Building shall remain the property of Lessee and shall be removed by Lessee upon the termination of this Lease, provided that in the event Lessee elects to remove the same prior any of such items as are affixed to the expiration of the lease term Premises and requite severance shall be removed by Lessee, and Lessee shall repair any damage caused in connection with by such removal. Those items not removed by Lessee on or before thirty (30) days after the removal termination of this Lease, and vacation of the same. Lessee Premises by Lessee, shall submit a request to the Lessor prior to bringing any radioactive or toxic material on the premises for his review and approval. In the event that the leasehold improvements he deemed abandoned by the Lessee are extensive and and, at the option Landlord’s election, may be treated and/or disposed of the by Lessor as Lessor’s property without further right or claim thereto by Lessee, the except that Lessee shall reimburse Lessor may require the Lessee to post a construction completion bond for the work. The cost of removal, if Lessor following satisfaction of all materials shall release such bond and labor suppliers as evidenced by lien waivers for elects to, have the completed construction. Lessor requires that all plans for alterations or improvements to the premises meet applicable building code and utility company requirements and shall fit with the overall aesthetics of the building, as reasonably determined by the Lessorsame removed.

Appears in 1 contract

Samples: Lease Agreement (Innovative Medtech, Inc.)

IMPROVEMENTS BY LESSEE. The Lessee shall have the right, right from time to time, to make such alterations and improvements to, and decoration of, the interior of the premises leased property as shall be reasonably necessary or appropriate for the conduct of Lessee’s business therein; provided that prior to the commencement of any such alterations or improvements the Lessee shall have submitted to Lessor plans in writing of the proposed alterations and/or improvements. If within fifteen (15) days after such plans are submitted by the Lessee to the Lessor for approval, Lessor shall not have given Lessee notice in writing of Lessor’s disapproval, stating the reasons for such disapproval, such plans and specifications shall be considered approved by Lessor. Any alteration, addition or improvement made by the Lessee after such consent shall have been given (including consent obtained due to Lessor’s failure to respond within the fifteen (15) day period)given, and any fixtures which have been installed and which would damage the building if removed, shall remain at the Lessor’s option become the property of Lessee provided that in the event Lessee elects to remove the same prior to Lessor upon the expiration or sooner termination of this lease, or at the lease term Lessee shall repair any damage caused in connection Lessor’s option, with the removal of the same. Lessee shall submit a request property returned to the Lessor prior to bringing any radioactive or toxic material on the premises for his review and approvalits original condition. In the event that the leasehold improvements by the Lessee lessee are extensive and at the option of the Lessor, the Lessor may require the Lessee to post a construction completion bond for the work. The Such bond shall be released by the Lessor following satisfaction of all materials shall release such bond and labor suppliers as evidenced by lien waivers for the completed construction. Lessor requires that all plans for alterations or improvements to the premises property meet applicable building code and utility company requirements and shall fit with the overall aesthetics of the building, as reasonably determined by the Lessor.

Appears in 1 contract

Samples: Commercial Lease (Luna Innovations Inc)

IMPROVEMENTS BY LESSEE. The Lessee LESSEE shall have the right, from time to time, right at its own expense to make reasonable structural alterations or additions to the Premises having first obtained LESSOR's written approval which shall not be unreasonably withheld. All changes to the building which could in any way impair the building structure must be designed by a qualified, licensed, structural engineer, and LESSOR by its consent to any changes or alterations is not responsible for any problems or liability resulting from such changes. However, LESSEE, without approval, may make nonstructural and interior office alterations and improvements, if such alterations and improvements todo not damage, reduce the value of, nor impair the structural integrity of the building. THE LESSEE SHALL, UNDER NO CONDITIONS, HAVE THE POWER OR AUTHORITY TO SUBJECT, AND IS EXPRESSLY PROHIBITED FROM SUBJECTING THE PREMISES TO ANY LIEN, CHARGE OR ENCUMBRANCES WHATSOEVER, and decoration ofshall promptly remove or transfer to a satisfactory bond, any such liens imposed against the interior of Premises, and shall indemnify, defend, and save harmless the LESSOR against all liens, charges or encumbrances that may be asserted against the subject premises as shall be reasonably necessary the result OF LESSEE's action. Trade fixtures and office improvements placed or appropriate for the conduct of Lessee’s business therein; provided that prior to the commencement of any such alterations installed upon or improvements the Lessee shall have submitted to Lessor plans in writing of the proposed alterations and/or improvements. If within fifteen (15) days after such plans are submitted by the Lessee to the Lessor for approval, Lessor shall not have given Lessee notice in writing of Lessor’s disapproval, stating the reasons for such disapproval, such plans and specifications shall be considered approved by Lessor. Any alteration, addition or improvement made by the Lessee after such consent shall have been given (including consent obtained due to Lessor’s failure to respond within the fifteen (15) day period), and any fixtures which have been installed and which would damage the building if removed, Premises by LESSEE shall remain the personal property of Lessee LESSEE and may be removed upon termination of this lease agreement, provided that LESSEE satisfactorily repairs any damage resulting from said removal. Upon termination of this lease agreement, LESSEE shall restore the Premises to LESSOR in the event Lessee elects to remove same condition as when LESSEE received the same prior to the expiration of the lease term Lessee shall repair any damage caused in connection same, excepting structural improvements made by LESSEE with the removal written approval of LESSOR, repairs which may be the sameresponsibility of LESSOR, ordinary wear and tear, damage by fire or other casualty covered by insurance or the elements or acts of God excepted. Lessee shall submit a request LESSOR acknowledges that LESSEE intends to finish approximately 30,000 square feet of office area at its own expense, estimated to be $300,000, (the Lessor prior to bringing any radioactive or toxic material on the premises "Tenant Improvements") and approval for his review and approval. In the event that the leasehold such improvements by the Lessee are extensive and at the option of the Lessor, the Lessor may require the Lessee to post a construction completion bond for the work. The Lessor following satisfaction of all materials shall release such bond and labor suppliers as evidenced by lien waivers for the completed construction. Lessor requires that all plans for alterations or improvements to the premises meet applicable building code and utility company requirements and shall fit with the overall aesthetics of the building, as reasonably determined by the Lessoris hereby granted.

Appears in 1 contract

Samples: Lease to Build Addition Agreement (Reflectone Inc /Fl/)

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IMPROVEMENTS BY LESSEE. 42.1. The Lessee shall have not be entitled to commence with any Improvement at the rightLeased Premises unless the Lessee has obtained the necessary regulatory approval, the Lessee has furnished the Lessor with written proof of such approval together with any other information that may be requested by the Lessor and the Lessee has obtained the prior written consent of the Lessor to construct such Improvements, which consent may be given by the Lessor in its sole discretion and may be subject to such conditions that the Lessor may impose, from time to time, to make such alterations . 42.2. The Lessee acknowledges and improvements to, and decoration of, agrees that the interior of the premises as Lessor shall be reasonably necessary or appropriate accept no responsibility for the conduct of Lessee’s business therein; provided that prior to the commencement of any such alterations or improvements the Lessee shall have submitted to Lessor plans in writing of the proposed alterations and/or improvements. If within fifteen (15) days after such plans are submitted Improvement constructed by the Lessee to in terms of this clause 42, notwithstanding any consent that the Lessor for approvalmay grant the Lessee in terms of clause 42.1 above, or any inspection of the Leased Premises by the Lessor shall not have given in terms of clause 25 above. 42.3. The Lessee notice in writing undertakes to abide by all lawful directions of Lessor’s disapproval, stating the reasons for such disapproval, such plans and specifications shall be considered approved by Lessor. Any alteration, addition or improvement made Lessor relating to precautionary measures that are necessary to protect the Leased Premises and/or Surrounding Property during the construction of any Improvement by the Lessee after such consent shall have been given (including consent obtained due to Lessor’s failure to respond within the fifteen (15) day period), and any fixtures which have been installed and which would damage the building if removed, shall remain the property in terms of Lessee provided that in the event Lessee elects to remove the same prior to the expiration of the lease term Lessee shall repair any damage caused in connection with the removal of the samethis clause 42. 42.4. Lessee shall submit a request to the Lessor prior to bringing any radioactive or toxic material on the premises for his review and approval. In the event that the leasehold improvements by the Lessee are extensive and at the option of the Lessor, the Lessor may require the Lessee to post a construction completion bond remove, immediately after the Expiry Date, any movable Improvements effected by the Lessee to the Leased Premises and to reinstate the Leased Premises to its original condition and to make good all damage occasioned by such removal. 42.5. Should the Lessee choose to leave all movable Improvements, the parties agree that the Lessor will not compensate the Lessee for the workvalue (if any) of the Improvements undertaken by the Lessee and that the Lessee shall have no lien over the Improvements. 42.6. Should the Lessee choose to leave all Improvements, the parties agree that, should the Lessee wish to renew this Agreement, the rental payable during such renewal period shall be the market rental for the Leased Premises including any value that may be attributable to the Improvements effected by the Lessee. 42.7. The Lessee hereby indemnifies and holds the Lessor following satisfaction of all materials shall release such bond and labor suppliers as evidenced harmless against any loss or damage, howsoever arising, which the Lessor may suffer (including, but not limited to, any claim made by lien waivers for the completed construction. Lessor requires that all plans for alterations or improvements to the premises meet applicable building code and utility company requirements and shall fit with the overall aesthetics of the building, as reasonably determined by any third party against the Lessor) arising out of or in connection with any Improvement undertaken in terms of this clause 42.

Appears in 1 contract

Samples: Lease Agreement

IMPROVEMENTS BY LESSEE. The Lessee LESSEE shall have the right, from time to time, right at his own expense to make reasonable structural alterations or additions to the leased Premises having first obtained LESSOR's written approval which shall not be unreasonable withheld. However, LESSEE, without approval, may make nonstructural and interior office alterations and improvements, if such alterations and improvements toare minor changes which do not damage, reduce the value of, nor impair the structural strength of the building. THE LESSEE SHALL, UNDER NO CONDITIONS, HAVE THE POWER OR AUTHORITY TO SUBJECT, AND IS EXPRESSLY PROHIBITED FROM SUBJECTING THE PREMISES TO ANY LIEN, CHARGE OR ENCUMBRANCES WHATSOEVER, AND SHALL indemnify, defend, and decoration ofsave harmless the LESSOR against all liens, charges or encumbrances that may be asserted against the interior subject premises the result of LESSEE's action. LESSEE shall have the option for a period of thirty (30) months from the Commencement Date of this Lease Agreement to have constructed by LESSOR additional facilities on the property adjacent to the east boundary of the premises as Premises under a Lease Agreement containing the same terms and conditions of this Lease Agreement except the rental which shall be reasonably necessary negotiated between the parties to reflect the additional land and improvements; said additional property when combined with the existing 8.0215 acres, more or appropriate for the conduct of Lessee’s business therein; provided that prior to the commencement of any such alterations less, shall aggregate 11 acres, more or less. Said option must be exercised within said thirty (30) month time period. Trade fixtures and office improvements the Lessee shall have submitted to Lessor plans in writing of the proposed alterations and/or improvements. If within fifteen (15) days after such plans are submitted by the Lessee to the Lessor for approval, Lessor shall not have given Lessee notice in writing of Lessor’s disapproval, stating the reasons for such disapproval, such plans and specifications shall be considered approved by Lessor. Any alteration, addition placed or improvement made by the Lessee after such consent shall have been given (including consent obtained due to Lessor’s failure to respond installed upon or within the fifteen (15) day period), and any fixtures which have been installed and which would damage the building if removed, leased Premises by LESSEE shall remain the personal property of Lessee LESSEE and may be removed upon termination of the Lease agreement, provided that LESSEE satisfactorily repairs any damage resulting from said removal. Upon termination of this Lease, LESSEE shall restore the leased Premises to LESSOR in the event Lessee elects to remove same condition as when LESSEE received the same prior to the expiration of the lease term Lessee shall repair any damage caused in connection same, excepting structural improvements made by LESSEE with the removal written approval of LESSOR, repairs which are the same. Lessee shall submit a request to responsibility of LESSOR, ordinary wear and tear, damage by fire or other casualty covered by insurance or the Lessor prior to bringing any radioactive elements or toxic material on the premises for his review and approval. In the event that the leasehold improvements by the Lessee are extensive and at the option acts of the Lessor, the Lessor may require the Lessee to post a construction completion bond for the work. The Lessor following satisfaction of all materials shall release such bond and labor suppliers as evidenced by lien waivers for the completed construction. Lessor requires that all plans for alterations or improvements to the premises meet applicable building code and utility company requirements and shall fit with the overall aesthetics of the building, as reasonably determined by the LessorGod excepted.

Appears in 1 contract

Samples: Lease Agreement (Reflectone Inc /Fl/)

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