Common use of LESSEE'S EQUIPMENT Clause in Contracts

LESSEE'S EQUIPMENT. All Lessee's Equipment shall be the property of Lessee, provided that upon the occurrence of an Event of Default, Lessor shall, to the extent permitted by law, have (in addition to all other rights) a right of distress for rent and a Lien on all Lessee's Equipment (other than Lessee's Equipment not owned by Lessee) then on the Property as security for all Basic Rent and Additional Rent, Any of Lessee's Equipment (other than Lessee's Equipment not owned by Lessee) not removed by Lessee at its expense within 90 days after any repossession of the Property by Lessor (whether or not this Lease has been terminated) shall be considered abandoned by Lessee and may be appropriated, sold, destroyed, or otherwise disposed of by Lessor, Lessee will pay Lessor, upon demand, all costs and expenses incurred by Lessor in removing, storing or disposing of any of Lessee's Equipment. Lessee will immediately repair at its expense all damage to the Property or any part thereof caused by any removal of Lessee's Equipment therefrom, whether effected by Lessee, or any other Person, Except as may be required by applicable law, Lessor shall not be responsible for any loss of or damage to Lessee's Equipment.

LESSEE'S EQUIPMENT. All Lessee's Equipment shall be the property of Lessee, provided that (a) upon the occurrence of an any Event of Default, Lessor shall, to the extent permitted by law, have (in addition to all other rights) a right of distress for rent and a Lien lien on Lessee's interest in all Lessee's Equipment (to the extent such a lien may be created without violation of any other than agreement or obligation of Lessee with respect to such Lessee's Equipment not owned by LesseeEquipment) then on the Leased Property as security for all Basic Rent rent, including additional rent, due and Additional Rentpayable under this Lease, Any of and (b) any Lessee's Equipment (other than Lessee's Equipment not owned by Lessee) not removed by Lessee at its expense within 90 30 days after any repossession termination of the Property by Lessor (whether or not this Lease has been terminated) shall be considered abandoned by Lessee and may be appropriated, sold, destroyed, destroyed or otherwise disposed of by LessorLessor without notice to Lessee and without obligation to account therefor, and Lessee will pay Lessor, Lessor upon demand, demand all net costs and expenses incurred by Lessor in removing, storing or disposing of any of Lessee's Equipmentthe same. Lessee will immediately repair at its expense all damage to the Leased Property or any part thereof caused by any removal of Lessee's Equipment therefrom, whether effected by Lessee, Lessee or any other Person, Except as may be required by applicable law, Lessor. Lessor shall not be responsible for any loss of or damage to Lessee's Equipment.

LESSEE'S EQUIPMENT. All Lessee's Equipment shall be the property of LesseeLessee or Occupancy Tenants, as the case may be, provided that upon the occurrence of an Event of Default, Lessor shallshall have, to the extent permitted by law, have (law and in addition to all other rights) , a right of distress for rent and a Lien lien on all Lessee's Equipment (other than Lessee's Equipment not owned by Lessee) then on the Property Demised Premises as security for all Basic Rent and Additional the Rent, . Any of Lessee's Equipment (other than Lessee's Equipment not owned removed by Lessee) not removed by Lessee , at its expense Lessee's expense, within 90 thirty days after any repossession of the Property by Lessor (Demised Premises, whether or not this Lease has been terminated) , shall be considered abandoned by Lessee and may be appropriated, sold, destroyed, destroyed or otherwise disposed of by Lessor, Lessor without notice to Lessee will and without obligation to account therefor; and Lessee shall pay Lessor, upon on demand, all costs and expenses incurred by Lessor in removing, storing or disposing of any of Lessee's Equipment. Lessee will shall immediately repair at its Lessee's expense all damage to the Property or any part thereof Demised Premises caused by any removal of Lessee's Equipment therefrom, whether effected by Lessee, Lessee or by any other Person, Except as may be required by applicable law, person. Lessor shall not be responsible for any loss of or damage to Lessee's Equipment. The ownership of Occupancy Tenants' Equipment shall be governed by the terms of the applicable Occupancy Lease.

LESSEE'S EQUIPMENT. All Ail Lessee's Equipment shall be the property of Lessee, provided that (a) upon the occurrence of an any Event of Default, Lessor shall, to the extent permitted by law, have (in addition to all other rights) a right of distress for rent and a Lien lien on Lessee's interest in all Lessee's Equipment (to the extent such a lien may be created without violation of any other than agreement of Lessee with respect to such Lessee's Equipment not owned by LesseeEquipment) then on the Leased Property as security for all Basic Rent rent, including additional rent, due and Additional Rentpayable under this Lease, Any of and (b) any Lessee's Equipment (other than Lessee's Equipment not owned by Lessee) not removed by Lessee at its expense within 90 30 days after any repossession termination of the Property by Lessor (whether or not this Lease has been terminated) shall be considered abandoned by Lessee and may be appropriated, sold, destroyed, destroyed or otherwise disposed of by LessorLessor without notice to Lessee and without obligation to account therefor, and Lessee will pay Lessor, Lessor upon demand, demand all net costs and expenses incurred by Lessor in removing, storing or disposing of any of Lessee's Equipmentthe same. Lessee will immediately repair at its expense all damage to the Leased Property or any part thereof caused by any removal of Lessee's Equipment therefrom, whether effected by Lessee, Lessee or any other Person, Except as may be required by applicable law, Lessor. Lessor shall not be responsible for any loss of or damage to Lessee's Equipment.

LESSEE'S EQUIPMENT. Lessee may, at its expense, install or assemble or place on the Land or in the Leased Improvements, and remove and substitute, any items of machinery, equipment, furnishings or trade fixtures or other personal property owned by Lessee and used or useful in Lessee's business (collectively, "Lessee's Equipment"), and Lessee shall remove the same upon the expiration or prior termination of the Term; provided, however, that Lessee shall have no right to remove any item which constitutes a Fixture. All Lessee's Equipment shall be and remain the property of Lessee, provided that upon the occurrence any of an Event of Default, Lessor shall, to the extent permitted by law, have (in addition to all other rights) a right of distress for rent and a Lien on all Lessee's Equipment (other than Lessee's Equipment not owned by Lessee) then on the Property as security for all Basic Rent and Additional Rent, Any of Lessee's Equipment (other than Lessee's Equipment not owned by Lessee) not removed by Lessee at its expense within 90 days after any repossession upon the expiration or earlier termination of the Property by Lessor (whether or not this Lease has been terminated) shall be considered abandoned by Lessee and may be appropriated, sold, destroyed, destroyed or otherwise disposed of by Lessor, Lessor without first giving notice thereof to Lessee will pay Lessor, upon demand, all and without obligation to account therefor. All costs and expenses incurred by Lessor in removing, storing or and disposing of any Lessee's Equipment shall be paid by Lessee. Lessee will repair, at its expense, all damage to the Leased Property caused by the removal of Lessee's Equipment. Lessee will immediately repair at its expense all damage to the Property or any part thereof caused by any removal of Lessee's Equipment therefrom, whether effected by Lessee, Lessee or any other Person, Except as may be required by applicable law, Lessor. Lessor shall not be responsible for any loss of or damage to Lessee's Equipment.