Lessee Improvements - Treatment at End of Lease Clause Samples

Lessee Improvements - Treatment at End of Lease. All Alterations and Lessee Improvements made by or for Lessee, which is permanent in character and permanently attached to the Building structure, made either by Lessor or Lessee, including all air-conditioning or heating systems, paneling, partitions and railings affixed to the realty, except furniture or movable trade fixtures installed at the expense of Lessee, shall (unless Lessor has agreed to permit Lessee to remove same and repair any damage resulting from such removal) become the property of the Lessor on the last day of the Lease Term and shall remain upon, and be surrendered with, the Premises as a part thereof at the termination of this Lease, without compensation to Lessee; provided, however, that at the election of Lessor, exercisable by notice to Lessee (which election must be made at the time Lessee requests Lessor’s consent to any Alterations or the Lessee Improvements for which Lessor’s prior consent is required), Lessee shall, at Lessee’s sole expense, prior to the expiration of the Term (or within ten (10) days following the earlier termination of this Lease), remove from the Premises Alterations and the Lessee Improvements to the extent such Alterations and Lessee Improvements are not customary and typical for general business offices (or that portion of the Alterations and Lessee Improvements) required by Lessor to be removed and repair all damage to the Premises caused by such removal; provided, however, Lessee shall have no obligation to remove any initial Lessee Improvements installed in the Premises by Lessee. All of Lessee’s Personal Property, including movable furniture, trade fixtures, and equipment not attached to the Building or the Premises, shall be completely removed by Lessee prior to the expiration of the Term (or within ten (10) days following the earlier termination of this Lease); provided, however, that Lessee shall repair all damage caused by such removal prior to the expiration of the Term (or within ten (10) days following the earlier termination of this Lease), and provided further, that any of Lessee’s Personal Property not so removed shall, at the option of Lessor, be deemed abandoned by Lessee and automatically become the property of Lessor. Thereafter, Lessor may retain or dispose of, in any manner, said Personal Property not so removed, without liability to Lessee.