Common use of Insurance/Maintenance/Removal Clause in Contracts

Insurance/Maintenance/Removal. Tenant shall be responsible, at its sole cost and expense, for (i) maintaining insurance on the Building Exterior Sign as part of the insurance required to be carried by Tenant pursuant to Article 10 above, and (ii) the repair, maintenance and replacement, in first-class order and condition, of the Building Exterior Sign. Should Tenant fail to perform such maintenance, repairs and/or replacement, Landlord may, but need not, perform such maintenance, repairs and/or replacements, and Tenant shall pay Landlord the cost thereof, including a percentage of the cost thereof sufficient to reimburse Landlord for all overhead, general conditions, fees and other reasonable out-of-pocket costs or expenses arising from Landlord’s involvement with such maintenance, repairs and/or replacements forthwith within thirty (30) days of being billed for same. Upon the expiration or earlier termination of this Lease (or prior to such expiration or earlier termination, upon Tenant’s loss of its rights to the Building Exterior Sign pursuant to Section 24.8.2.1 above), Tenant shall, at Tenant’s sole cost and expense, cause to be removed the Building Exterior Sign, and Tenant shall repair all damage occasioned thereby and restore the portion of the Building and the Project where the Building Exterior Sign was located to its original condition prior to the installation thereof. If Tenant fails to timely remove the Building Exterior Sign and repair and restore the Building and/or the Project as provided in the immediately preceding sentence, Landlord may perform such work, and all reasonable costs and expenses incurred by Landlord in so performing such work shall be reimbursed by Tenant to Landlord within thirty (30) days after Tenant’s receipt of invoice therefor. The immediately preceding sentence shall survive the expiration or earlier termination of this Lease.

Appears in 1 contract

Samples: Office Lease (Xactly Corp)

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Insurance/Maintenance/Removal. Tenant shall be responsible, at its sole cost and expense, responsible for (i) maintaining insurance on the Building Exterior Sign Signs as part of the insurance required to be carried by Tenant pursuant to Article 10 Section 10.3.2 above. Should the Exterior Signs require maintenance, repairs and/or replacement as determined in Landlord’s reasonable judgment, Landlord shall have the right to provide written notice thereof to Tenant and Tenant shall cause such repairs, replacement and/or maintenance to be performed within ten (ii10) the repairbusiness days after receipt of such notice from Landlord, at Tenant’s sole cost and expense; provided, however, if such repairs, replacement and/or maintenance are reasonably expected to require longer than ten (10) business days to perform, Tenant shall commence such repairs, replacement and/or maintenance within such ten (10) business day period and replacementshall diligently prosecute such repairs, in first-class order replacement and condition, of the Building Exterior Signmaintenance to completion. Should Tenant fail to perform such maintenance, repairs and/or replacementreplacement within the periods described in the immediately preceding sentence, Landlord may, but need not, perform shall have the right to cause such maintenance, repairs and/or replacements, work to be performed and to charge Tenant shall pay Landlord as Additional Rent for the cost thereof, including a percentage actual and reasonable costs of the cost thereof sufficient to reimburse Landlord for all overhead, general conditions, fees and other reasonable out-of-pocket costs or expenses arising from Landlord’s involvement with such maintenance, repairs and/or replacements forthwith within thirty (30) days of being billed for samework. Upon the expiration or earlier termination of this Lease (or prior to such expiration or earlier termination, upon Tenant’s loss of any of its rights to the Building Exterior Sign Signs pursuant to Section 24.8.2.1 21.5.6 above), Tenant shall, at Tenant’s sole cost and expense, cause to be removed all such Exterior Signs (or those Exterior Signs to which Tenant no longer has any rights, as the Building Exterior Signcase may be), and Tenant shall repair all damage occasioned thereby and restore the portion of the Building and the Project where the Building Exterior Sign was located affected areas to its their original condition prior to the installation thereofof such signage so required to be removed, ordinary wear and tear and damage by casualty excepted. If Tenant fails to timely remove the Building Exterior Sign such signage and repair and restore the Building and/or the Project affected areas as provided in the immediately preceding sentence, on five (5) business days’ notice to Tenant, then Landlord may perform such work, and all reasonable out-of-pocket costs and expenses incurred by Landlord in so performing such work shall be reimbursed by Tenant to Landlord within thirty (30) days after Tenant’s receipt of invoice therefortherefor including interest at the Interest Rate. The immediately preceding sentence shall survive the expiration or earlier termination of this Lease.

Appears in 1 contract

Samples: LNR Warner Center (United Online Inc)

Insurance/Maintenance/Removal. Tenant shall be responsible, at its sole cost and expense, for (i) maintaining insurance on the Building Exterior Sign Signage as part of the insurance required to be carried by Tenant pursuant to Article 10 above, and (ii) the repair, maintenance and replacement, in first-class order and condition, of the Building Exterior SignSignage. Should Tenant fail to perform such maintenance, repairs and/or replacement, and if such failure continues for thirty (30) days after written notice from Landlord (or such longer period of time as is reasonably required for such maintenance, repair and/or replacement if Tenant commences such work within such 30-day period and thereafter diligently prosecutes same to completion, or such shorter period of time after Tenant has received such notice as is reasonably required under the circumstances in the case of emergency), Landlord may, but need not, perform such maintenance, repairs and/or replacements, and Tenant shall pay Landlord the cost thereof, including a percentage of the cost thereof sufficient to reimburse Landlord for all overhead, general conditions, fees and other reasonable out-of-pocket costs or expenses arising from Landlord’s involvement with such maintenance, repairs and/or replacements forthwith within thirty (30) days of upon being billed for same. Upon the expiration or earlier termination of this Lease (or prior to such expiration or earlier termination, upon Tenant’s loss of its rights to the Building Exterior Sign Signage pursuant to Section 24.8.2.1 24.8.1.1 above), Tenant shall, at Tenant’s sole cost and expense, cause to be removed the Building Exterior Top Signs (and, if elected by Landlord as described hereinbelow, Tenant’s Monument Sign), and Tenant shall repair all damage occasioned thereby and restore the portion of the Building and the Project where the Building Exterior Sign was Top Signs (and, if elected by Landlord as described below, Tenant’s Monument Sign) were located to its original condition prior to the installation thereof, it being acknowledged, however, that Tenant shall have no obligation to so remove Tenant’s Monument Sign unless Landlord delivers to Tenant written notice on or prior to the expiration or earlier termination of this Lease that Landlord will require Tenant to so remove Tenant’s Monument Sign upon the expiration or earlier termination of this Lease (or prior to such expiration or earlier termination, upon Tenant’s loss of its rights to Tenant’s Monument Sign pursuant to Section 24.8.1.1 above). If Tenant fails to timely remove the Building Exterior Sign Top Signs (or, if elected by Landlord, Tenant’s Monument Sign) and repair and restore the Building and/or the Project as provided in the immediately preceding sentence, Landlord may perform such work, and all reasonable costs and expenses incurred by Landlord in so performing such work shall be reimbursed by Tenant to Landlord within thirty (30) days after Tenant’s receipt of invoice therefortherefor including interest at the Interest Rate. The immediately preceding sentence shall survive the expiration or earlier termination of this Lease.

Appears in 1 contract

Samples: Escrow Agreement (Polycom Inc)

Insurance/Maintenance/Removal. Tenant shall be responsible, at its sole cost and expense, responsible for (i) maintaining insurance on the Building Exterior Top Sign as part of the insurance required to be carried by Tenant pursuant to Article 10 Section 10.3.2 above, and (ii) the repair, maintenance and replacement, in first-class order and condition, of . If the Building Exterior SignTop Sign requires maintenance, repairs and/or replacement as determined in Landlord’s reasonable judgment, then Landlord shall have the right to provide written notice thereof to Tenant and Tenant shall cause such repairs, replacement and/or maintenance to be performed within ten (10) business days after Tenant’s receipt of such notice from Landlord, at Tenant’s sole cost and expense; provided, however, if such repairs, replacement and/or maintenance are reasonably expected to require longer than ten (10) business days to perform, then Tenant shall commence such repairs, replacement and/or maintenance within such ten (10) business day period and shall diligently prosecute such repairs, replacement and maintenance to completion. Should If Tenant fail fails to perform such maintenance, repairs and/or replacementreplacement within the periods described in the immediately preceding sentence, Landlord may, but need not, perform shall have the right to cause such maintenance, repairs and/or replacements, work to be performed and to charge Tenant shall pay Landlord as Additional Rent for the cost thereof, including a percentage actual and reasonable costs of the cost thereof sufficient to reimburse Landlord for all overhead, general conditions, fees and other reasonable out-of-pocket costs or expenses arising from Landlord’s involvement with such maintenance, repairs and/or replacements forthwith within thirty (30) days of being billed for samework. Upon the expiration or earlier termination of this Lease (or prior to such expiration or earlier termination, upon Tenant’s loss of any of its rights to the Building Exterior Top Sign pursuant to Section 24.8.2.1 21.4.5 above), Tenant shall, at Tenant’s sole cost and expense, cause the Building Top Sign to be removed the Building Exterior Signremoved, and Tenant shall repair all damage occasioned thereby and restore the portion affected areas of the Building and the Project where the Building Exterior Sign was located to its their original condition prior to the installation thereofof the Building Top Sign, ordinary wear and tear and damage by casualty excepted. If Tenant fails to timely remove the Building Exterior Top Sign and repair and restore the affected areas of the Building and/or the Project as provided in the immediately preceding sentence, on ten (10) business days’ notice to Tenant, then Landlord may perform such work, and all reasonable out-of-pocket costs and expenses incurred by Landlord in so performing such work shall be reimbursed by Tenant to Landlord within thirty (30) days after Tenant’s receipt of invoice therefortherefor including interest at the Interest Rate. The immediately preceding sentence shall survive the expiration or earlier termination of this Lease.

Appears in 1 contract

Samples: Office Lease (United Online Inc)

Insurance/Maintenance/Removal. Tenant shall be responsible, at its Tenant's sole cost and expense, for (i) maintaining insurance on the Building Exterior Top Sign as part of the insurance required to be carried by Tenant pursuant to Article 10 abovethe Lease, as amended hereby, and (ii) the repair, maintenance and replacement, in first-class order and condition, of the Building Exterior Top Sign. Should If Tenant fail fails to perform such maintenance, repairs and/or replacement, then Landlord may, but need not, perform such maintenance, repairs and/or replacements, and Tenant shall pay Landlord the cost thereof, including a percentage of the cost thereof sufficient to reimburse Landlord for all overhead, general conditions, fees and other reasonable out-of-pocket costs or expenses arising from Landlord’s 's involvement with such maintenance, repairs and/or replacements forthwith within thirty (30) days of upon being billed for same. Upon the expiration or earlier termination of this Lease the Lease, as amended hereby (or prior to such expiration or earlier termination, upon Tenant’s 's loss of its rights to the Building Exterior Top Sign pursuant to Section 24.8.2.1 10.1(b) above), Tenant shall, at Tenant’s 's sole cost and expense, remove (or cause to be removed the removal of) the Building Exterior Top Sign, and Tenant shall repair all any damage occasioned thereby and restore the portion of the Building and the Project where the Building Exterior Top Sign was located to its original condition prior to the installation thereofof the Building Top Sign. If Tenant fails to timely remove the Building Exterior Top Sign and repair and restore the portion of the Building and/or where the Project Building Top Sign was located as provided in the immediately preceding sentence, Landlord may perform such work, and all reasonable costs and expenses incurred by Landlord in so performing such work shall be reimbursed by Tenant to Landlord within thirty (30) days after Tenant’s 's receipt of invoice therefor. The immediately preceding sentence shall survive the expiration or earlier termination of this the Lease, as amended hereby.

Appears in 1 contract

Samples: Office Lease Agreement (Emmaus Life Sciences, Inc.)

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Insurance/Maintenance/Removal. Tenant shall be responsible, at its sole cost and expense, responsible for (i) maintaining insurance on the Building Exterior Sign Signs as part of the insurance required to be carried by Tenant pursuant to Article 10 Section 10.3.2 above. Should the Exterior Signs require maintenance, repairs and/or replacement as determined in Landlord’s reasonable judgment, Landlord shall have the right to provide written notice thereof to Tenant and Tenant shall cause such repairs, replacement and/or maintenance to be performed within ten (ii10) the repairdays after receipt of such notice from Landlord, at Tenant’s sole cost and expense; provided, however, if such repairs, replacement and/or maintenance are reasonably expected to require longer than ten (10) days to perform, Tenant shall commence such repairs, replacement and/or maintenance within such ten (10) day period and replacementshall diligently prosecute such repairs, in first-class order replacement and condition, of the Building Exterior Signmaintenance to completion. Should Tenant fail to perform such maintenance, repairs and/or replacementreplacement within the periods described in the immediately preceding sentence, Landlord may, but need not, perform shall have the right to cause such maintenance, repairs and/or replacements, work to be performed and to charge Tenant shall pay Landlord as Additional Rent for the cost thereof, costs of such work including a percentage of the cost thereof sufficient to reimburse Landlord for all overhead, general conditions, fees and other reasonable out-of-pocket costs or expenses arising from Landlord’s involvement with such maintenance, repairs and/or replacements forthwith within thirty (30) days of being billed for sameinterest. Upon the expiration or earlier termination of this Lease (or prior to such expiration or earlier termination, upon Tenant’s loss of its rights to the Building Exterior Sign pursuant to Section 24.8.2.1 above), Tenant shall, at Tenant’s sole cost and expense, cause the Exterior Signs to be removed the Building Exterior Signremoved, and Tenant shall repair all damage occasioned thereby and restore the portion of the Building and the Project where the Building Exterior Sign was located affected areas to its their original condition prior to the installation thereofof such signage so required to be removed, normal wear and tear excepted. If Tenant fails to timely remove the Building Exterior Sign such signage and repair and restore the Building and/or the Project affected areas as provided in the immediately preceding sentence, then Landlord may perform such work, and all reasonable costs and expenses incurred by Landlord in so performing such work shall be reimbursed by Tenant to Landlord within thirty (30) days after Tenant’s receipt of invoice therefortherefor including interest. The immediately preceding sentence shall survive the expiration or earlier termination of this Lease.

Appears in 1 contract

Samples: Retail Lease (KBS Real Estate Investment Trust II, Inc.)

Insurance/Maintenance/Removal. Tenant shall be responsible, at its sole cost and expense, responsible for (i) maintaining insurance on the Building Exterior Sign Tenant’s Complex Signage as part of the insurance required to be carried by Tenant pursuant to Article 10 aboveSection 17.1(b) below. If any of Tenant’s Complex Signage requires maintenance, repairs and/or replacement as determined in Landlord’s reasonable judgment, Landlord shall have the right to provide written notice thereof to Tenant and Tenant shall cause such maintenance, repairs and/or replacement to be performed within ten (ii10) the repairdays after receipt of such notice from Landlord, at Tenant’s sole cost and expense; provided, however, if such maintenance, repairs and/or replacement are reasonably expected to require longer than ten (10) days to perform, Tenant shall commence such maintenance, repairs and/or replacement within such ten (10) day period and shall diligently prosecute such maintenance and replacement, in first-class order and condition, of the Building Exterior Signrepairs and/or replacement to completion. Should If Tenant fail fails to perform such maintenance, repairs and/or replacementreplacement within the periods described in the immediately preceding sentence, Landlord may, but need not, perform shall have the right to cause such maintenance, repairs and/or replacements, work to be performed and to charge Tenant shall pay Landlord as Additional Rent for the cost thereof, including a percentage actual and reasonable costs of the cost thereof sufficient to reimburse Landlord for all overhead, general conditions, fees and other reasonable out-of-pocket costs or expenses arising from Landlord’s involvement with such maintenance, repairs and/or replacements forthwith within thirty (30) days of being billed for samework. Upon the expiration or earlier termination of this Lease (or prior to such expiration or earlier termination, upon Tenant’s loss of its rights to any of the Building Exterior Sign signs comprising Tenant’s Complex Signage pursuant to Section 24.8.2.1 above7.3.2(d) below), Tenant shall, at Tenant’s sole cost and expense, cause to be removed all of Tenant’s Complex Signage (or such applicable signs comprising Tenant’s Complex Signage as to which Tenant has lost such rights pursuant to Section 7.3.2(d) below, as the Building Exterior Signcase may be), and Tenant shall repair all damage occasioned thereby and restore the portion portions of the Building and the Project Complex where the Building Exterior Sign such applicable Tenant’s Complex Signage was located to its their original condition prior to the installation thereofof such applicable Tenant’s Complex Signage. If Tenant fails to timely remove any of the Building Exterior Sign signs comprising Tenant’s Complex Signage so required to be removed and repair and restore the Building and/or the Project and Complex as provided in the immediately preceding sentence, Landlord may perform such work, and all reasonable costs and expenses incurred by Landlord in so performing such work shall be reimbursed by Tenant to Landlord within thirty (30) days after Tenant’s receipt of invoice therefortherefor including interest at the Interest Rate. The immediately preceding sentence shall survive the expiration or earlier termination of this Lease.

Appears in 1 contract

Samples: Lease Agreement (Fusion-Io, Inc.)

Insurance/Maintenance/Removal. Tenant shall be responsible, at its sole cost and expense, for (i) maintaining insurance on the Building Exterior Sign as part of the insurance required to be carried by Tenant pursuant to Article 10 above, and (ii) the repair, maintenance and replacement, in first-class order and condition, of the Building Exterior Sign. Should Tenant fail to perform such maintenance, repairs and/or replacement, Landlord may, but need not, perform such maintenance, repairs and/or replacements, and Tenant shall pay Landlord the cost thereof, including a percentage of the cost thereof sufficient to reimburse Landlord for all overhead, general conditions, fees and other reasonable out-of-pocket costs or expenses arising from Landlord’s 's involvement with such maintenance, repairs and/or replacements forthwith within thirty (30) days of being billed for same. Upon the expiration or earlier termination of this Lease (or prior to such expiration or earlier termination, upon Tenant’s 's loss of its rights to the Building Exterior Sign pursuant to Section 24.8.2.1 24.8.1.1 above), Tenant shall, at Tenant’s 's sole cost and expense, cause to be removed the Building Exterior Sign, and Tenant shall repair all damage occasioned thereby and restore the portion of the Building and the and/or Project where the Building Exterior Sign was located to its original condition prior to the installation thereof. If Tenant fails to timely remove the Building Exterior Sign and repair and restore the Building and/or the Project as provided in the immediately preceding sentence, Landlord may perform such work, and all reasonable costs and expenses incurred by Landlord in so performing such work shall be reimbursed by Tenant to Landlord within thirty (30) days after Tenant’s 's receipt of invoice therefor. The immediately preceding sentence shall survive the expiration or earlier termination of this Lease.. 071053\8589453v5 21

Appears in 1 contract

Samples: Office Lease (Quantenna Communications Inc)

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