Common use of Improvements, Fixtures and Equipment Clause in Contracts

Improvements, Fixtures and Equipment. (a) Lessee accepts the Leased Premises in an AS IS condition. Lessee shall, at Lessee's expense, perform or cause to be performed such non-structural tenant improvements as it may determine from time to time, without Lessor’s prior approval. Lessee shall obtain Lessor’s prior written approval for any structural or exterior improvements that Lessee proposes to make, which approval will not be unreasonably withheld. All improvements shall be performed in a good and workmanlike manner and shall be conditioned on receipt of all required permits from the governmental authorities having jurisdiction and shall be in accordance with the terms of such permits and in strict compliance with all applicable laws, ordinances, regulations, building codes and the like, as well as any approval of Lessor as required hereunder. In the event that Lessee proposes improvements that (i) Lessee wants the option to remove, or (ii) Lessor reasonably determines by written notice at or prior to the time of Lessor’s consent thereto are reasonably likely to reduce the rental value of the Leased Premises, Lessor and Lessee shall mutually agree on identifying such improvements in writing as “Identified Improvements.” Upon termination of the tenancy created hereby, Lessee shall at Lessor’s option (to be exercised by written notice to Lessee not less than ninety (90) days prior to the expiration or earlier termination of this Lease), or otherwise at Lessee’s option, remove such Identified Improvements at Lessee’s sole cost and expense and repair all damages created thereby. Otherwise, any improvements that are not Identified Improvements, and any Identified Improvements as to which neither Lessor nor Lessee has exercised the option for removal, shall be left in the Leased Premises at the expiration or earlier termination of the Term and shall become the property of Lessor. (b) All trade fixtures, decorations and equipment installed in the Leased Premises shall be installed by Lessee at Lessee’s sole cost and expense. All such trade fixtures, decorations and equipment shall remain the sole property of Lessee. At the termination of the tenancy created hereby, Lessee shall have the right to remove such items from the Leased Premises, provided Lessee repairs any damage to the Leased Premises resulting from such removal. Any trade fixtures, decorations and equipment that are not removed on or prior to the expiration or earlier termination of this Lease shall be deemed abandoned by Lessee, and Lessor shall either keep such items, or remove them at Lessee's sole cost and expense.

Improvements, Fixtures and Equipment. (a) Lessee accepts the Leased Premises in an AS IS conditioncondition (except to the extent expressly otherwise provided in this Lease). Lessee shall, at Lessee's expense, perform or cause to be performed such non-structural tenant improvements as it may determine from time to timeapproved in advance, without in writing by Lessor’s prior approval. Lessee shall obtain Lessor’s prior written approval for any structural or exterior begin construction of the tenant improvements that Lessee proposes to make, which approval will not be unreasonably withheldpromptly following the Commencement Date of this Lease. All such tenant improvements shall be performed in a good and workmanlike manner and by contractors reasonably acceptable to Lessor. Lessee shall be conditioned on receipt of secure all required permits from the governmental authorities having jurisdiction and shall be construct the tenant improvements in accordance with the terms of such permits and in strict compliance with all applicable laws, ordinances, regulations, building codes and the like, as well as any approval of Lessor as required hereunder. In the event that Lessee proposes improvements that (i) Lessee wants the option to remove, or (ii) Lessor reasonably determines by written notice at or prior to the time of Lessor’s consent thereto are reasonably likely to reduce the rental value of the Leased Premises, Lessor and Lessee shall mutually agree on identifying identify such improvements in writing as “at the time Lessor consents to such improvements (herein, the "Identified Improvements.” "). Upon termination of the tenancy created hereby, Lessee shall at the option of Lessor’s option (to be exercised by written notice to Lessee not less than ninety (90) days prior to the expiration or earlier termination of this Lease), or otherwise at Lessee’s option, either remove such Identified Improvements at Lessee’s sole cost and expense and repair all damages created thereby. Otherwise, any improvements that are not Identified Improvementsor, and any Lessor shall retain the Identified Improvements and repairs as to which neither Lessor nor Lessee has exercised the option for removal, shall be left in the Leased Premises at the expiration or earlier termination of the Term and shall become the sole property of Lessor. (b) All trade fixtures, decorations and equipment installed in the Leased Premises shall be installed by Lessee at Lessee’s 's sole cost and expense. All such trade fixtures, decorations and equipment shall remain the sole property of Lessee. At the termination of the tenancy created hereby, Lessee shall have the right to remove such items from the Leased Leases Premises, provided Lessee repairs any damage to the Leased Premises resulting from such removal. Any trade fixturesLessee shall have the right, decorations at Lessee's expense, to install in the Leased Premises (and equipment that are not removed on or prior in the Building to the expiration extent necessary for access), telecommunications lines or earlier conduits for such transmission lines as T-1 or ISDN lines, and Lessor will assist Lessee in coordinating with other tenants and giving Lessee access to perform any work that must be done in portions of the Building other than the Leased Premises. (c) Lessor agrees that Lessee shall be permitted, subject to having obtained all necessary governmental approvals therefor, to construct and install in an exterior wall of the Leased Premises, and maintain, a through-the-wall ATM accessible to customers either (i) from the sidewalk outside the Building or (ii) from within the existing vestibule to the Building on Church Street, together with (in the case of an ATM in an outside wall) a vestibule or other exterior enclosure, and in either case with related signage and related security devices as desired by Lessee and permitted by applicable governmental authorities, and, if Lessee installs such an ATM Lessor and Lessee agree that the improvements and changes to the exterior wall to accommodate the ATM shall be deemed an "Identified Improvement" for purposes of this Lease. Lessor agrees that the ATM equipment itself is a trade fixture and shall not be deemed an improvement or part of the Building or Leased Premises. (d) The Lessee shall also be permitted, if it elects, to install teller counters or stations and safe deposit boxes within the Leased Premises, as well as a night depository box or slot accessible, at Lessee's option (but subject to all necessary governmental approvals) through an exterior wall or door or from the Building vestibule on Church Street. All such improvements shall be deemed "Identified Improvements" for purposes of this Lease. (e) The parties acknowledge that the Leased Premises presently contain an existing safe that will remain in the Leased Premises at the commencement of the Term. Lessee shall be entitled to make such modifications to the safe as may facilitate Lessee's operation of the safe, and Lessee will not be obligated to modify, change or remove any such modifications when this Lease terminates. Lessee also shall have no right or obligation to remove the safe itself at the termination of this Lease Lease, and the neither the safe nor any modifications shall be deemed abandoned by Lessee, and Lessor "Identified Improvements" for purposes of this Lease. Lessee shall either keep such items, or remove them at be entitled to treat any modifications to the safe as Lessee's sole cost and expensetrade fixtures or equipment for purposes of this Lease.

Improvements, Fixtures and Equipment. (a) Lessee accepts the Leased Premises in an "AS IS conditionIS" condition (except to the extent expressly otherwise provided in this Lease). Lessee shall, at Lessee's expense, perform or cause to be performed such non-structural tenant improvements as it may determine from time to timeapproved in advance, without in writing by Lessor’s prior approval. Lessee shall obtain Lessor’s prior written approval for any structural or exterior improvements that Lessee proposes to make, which approval will not be unreasonably withheld. All improvements shall be performed in a good and workmanlike manner and shall be conditioned on receipt of all required permits from the governmental authorities having jurisdiction and shall be in accordance with the terms of such permits and in strict compliance with all applicable laws, ordinances, regulations, building codes and the like, as well as any approval of Lessor as required hereunder. In the event that Lessee proposes improvements that (i) Lessee wants the option to remove, or (ii) Lessor reasonably determines by written notice at or prior to the time of Lessor’s consent thereto are reasonably likely to reduce the rental value of the Leased Premises, Lessor and Lessee shall mutually agree on identifying identify such improvements in writing as “at the time Lessor consents to such improvements (herein, the "Identified Improvements.” "). Upon termination of the tenancy created hereby, Lessee shall shall, at the option of Lessor’s option (to be exercised by written notice to Lessee not less than ninety (90) days prior to the expiration or earlier termination of this Lease), or otherwise at Lessee’s option, remove such Identified Improvements at Lessee’s sole cost and expense and repair all damages created thereby. Otherwise, any improvements that are not Identified Improvementsor, and any Lessor shall retain the Identified Improvements and repairs as to which neither Lessor nor Lessee has exercised the option for removal, shall be left in the Leased Premises at the expiration or earlier termination of the Term and shall become the sole property of Lessor. (b) All trade fixtures, decorations and equipment installed in the Leased Premises shall be installed by Lessee at Lessee’s 's sole cost and expense. All such trade fixtures, decorations and equipment shall remain the sole property of Lessee. At the termination of the tenancy created hereby, Lessee shall have the right to remove such items from the Leased Leases Premises, provided Lessee repairs any damage to the Leased Premises resulting from such removal. Any trade fixturesLessee shall have the right, decorations at Lessee's expense, to install in the Leased Premises (and equipment that are not removed on or prior in the Building to the expiration extent necessary for access), telecommunications lines or earlier conduits for such transmission lines as T-1 or ISDN lines, and Lessor will assist Lessee in coordinating with other tenants and giving Lessee access to perform any work that must be done in portions of the Building other than the Leased Premises. (c) Lessor agrees that Lessee shall be permitted, subject to having obtained all necessary governmental approvals therefor, to construct and install in an exterior wall of the Leased Premises, and maintain, a through-the-wall ATM accessible to customers either (i) from the sidewalk outside the Building or (ii) from within the existing vestibule to the Building on Church Street, together with (in the case of an ATM in an outside wall) a vestibule or other exterior enclosure, and in either case with related signage and related security devices as desired by Lessee and permitted by applicable governmental authorities, and, if Lessee installs such an ATM Lessor and Lessee agree that the improvements and changes to the exterior wall to accommodate the ATM shall be deemed an "Identified Improvement" for purposes of this Lease. Lessor agrees that the ATM equipment itself is a trade fixture and shall not be deemed an improvement or part of the Building or Leased Premises. (d) The Lessee shall also be permitted, if it elects, to install teller counters or stations and safe deposit boxes within the Leased Premises, as well as a night depository box or slot accessible, at Lessee's option (but subject to all necessary governmental approvals) through an exterior wall or door or from the Building vestibule on Church Street. All such improvements shall be deemed "Identified Improvements" for purposes of this Lease. (e) The parties acknowledge that the Leased Premises presently contain an existing safe that will remain in the Leased Premises at the commencement of the Term. Lessee shall be entitled to make such modifications to the safe as may facilitate Lessee's operation of the safe, and Lessee will not be obligated to modify, change or remove any such modifications when this Lease terminates. Lessee also shall have no right or obligation to remove the safe itself at the termination of this Lease Lease, and the neither the safe nor any modifications shall be deemed abandoned by Lessee, and Lessor "Identified Improvements" for purposes of this Lease. Lessee shall either keep such items, or remove them at be entitled to treat any modifications to the safe as Lessee's sole cost and expensetrade fixtures or equipment for purposes of this Lease.

Improvements, Fixtures and Equipment. To the best of Sellers' and ------------------------------------ the Company's knowledge, the Facilities and the improvements thereon, including without limitation all Equipment (aincluding all fixtures) Lessee accepts and other tangible assets owned, leased or used by the Leased Premises in an AS IS condition. Lessee shall, Company at Lessee's expense, perform or cause the Facilities are insured to be performed such non-structural tenant improvements as it may determine from time to time, without Lessor’s prior approval. Lessee shall obtain Lessor’s prior written approval for any structural or exterior improvements that Lessee proposes to make, which approval will not be unreasonably withheld. All improvements shall be performed the extent and in a good manner customary in the industry, are sufficient for the operation of the Business as presently conducted and workmanlike manner and shall be conditioned on receipt of are in conformity, in all required permits from the governmental authorities having jurisdiction and shall be in accordance with the terms of such permits and in strict compliance material respects, with all applicable laws, ordinances, regulationsorders, building codes regulations and other requirements currently in effect. None of the likeimprovements is subject to any commitment or other arrangement for their sale or use by any Affiliate of the Company or third parties. Buyer understands, acknowledges and agrees that except as well as otherwise expressly provided in this Agreement, the Facilities are included on an "AS IS, WHERE IS" "WITH ALL FAULTS" basis. EXCEPT AS OTHERWISE SPECIFICALLY PROVIDED IN THIS AGREEMENT, SELLERS EXPRESSLY DISCLAIM ALL EXPRESS OR IMPLIED WARRANTIES EXISTING UNDER ANY APPLICABLE LAW WITH RESPECT TO THE FACILITIES, INCLUDING, WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, ANY EXPRESS OR IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE, WARRANTY OF HABITABILITY, AND SELLERS DO NOT WARRANT THE DESCRIPTION, VALUE, QUALITY OR CONDITION OF ANY OF THE FACILITIES, EXCEPT AS SET FORTH IN THIS AGREEMENT. Buyer and Sellers agree that, to the extent required by applicable law to be effective, the disclaimers of implied warranties contained in this Section are "conspicuous" disclaimers for purposes of any approval applicable law, rule or order. Notwithstanding the foregoing, Buyer shall have the right, prior to Closing, to inspect all of Lessor as required hereunderthe Facilities. In the event that Lessee proposes improvements that (i) Lessee wants the option to removeany of such Facilities are not in good condition or repair, or (ii) Lessor reasonably determines by written notice at or prior to sufficient for the time of Lessor’s consent thereto are reasonably likely to reduce the rental value operation of the Leased PremisesBusiness as currently conducted, Lessor and Lessee shall mutually agree on identifying such improvements in writing as “Identified Improvements.” Upon termination of the tenancy created hereby, Lessee shall at Lessor’s option (to be exercised by written notice to Lessee not less than ninety (90) days prior to the expiration or earlier termination of this Lease), or otherwise at Lessee’s option, remove such Identified Improvements at Lessee’s sole cost and expense and repair all damages created thereby. Otherwise, any improvements that are not Identified Improvements, and any Identified Improvements as to which neither Lessor nor Lessee has exercised the option for removal, shall be left in the Leased Premises at the expiration or earlier termination of the Term and shall become the property of Lessor. (b) All trade fixtures, decorations and equipment installed in the Leased Premises shall be installed by Lessee at Lessee’s sole cost and expense. All such trade fixtures, decorations and equipment shall remain the sole property of Lessee. At the termination of the tenancy created hereby, Lessee Buyer shall have the right to remove exclude such items Facilities from the Leased Premises, provided Lessee repairs any damage purchase and to make an appropriate adjustment to the Leased Premises resulting from such removal. Any trade fixtures, decorations and equipment that are not removed on or prior to the expiration or earlier termination of this Lease shall be deemed abandoned by Lessee, and Lessor shall either keep such items, or remove them at Lessee's sole cost and expensePurchase Price.