Lessee’s Property Sample Clauses
The "Lessee's Property" clause defines which items or assets brought onto the leased premises by the lessee are considered the lessee's personal property, rather than part of the landlord's property. Typically, this includes movable items such as furniture, equipment, or inventory that the lessee installs or uses during the lease term. The clause clarifies ownership and usually allows the lessee to remove these items at the end of the lease, provided any damage caused by removal is repaired. Its core function is to prevent disputes over ownership of property at the end of the lease and to ensure both parties understand their rights regarding personal property on the premises.
Lessee’s Property. All insurance proceeds payable by reason of any loss of or damage to any of Lessee’s Personal Property shall be paid to Lessee; provided, however, no such payments shall diminish or reduce the insurance payments otherwise payable to or for the benefit of Lessor hereunder.
Lessee’s Property. BUSINESS INTERRUPTION INSURANCE.
Lessee’s Property. Lessee shall use any insurance proceeds payable by reason of any loss of or damage to any of the Personal Property to restore such Personal Property to the Leased Property with items of substantially equivalent value to the items being replaced.
Lessee’s Property. The Division shall, without liability, have the right to immediately remove and dispose of any property Lessee leaves in the premises with 30 days notice after the Lease is terminated or the Lessee vacates or abandons the premises. During such 30-day period, the University of Wisconsin-Madison, the Division, and its officers, employees and agents are not responsible for loss, damage, or theft of the property. A charge will be assessed for removal/handling of Lessee’s property in addition to a storage charge.
Lessee’s Property. All personal property placed or moved in the Premises shall be at the risk of the Lessee or owner thereof, and DISTRICT shall not be liable for any damage to said personal property, or to the Lessee arising from the bursting or leaking of water pipes, or from any act of negligence of any cotenant or occupants of the building or of any other person whomsoever.
Lessee’s Property. All fixtures, furnishings, equipment, inventory and other personal property at any time located upon the Leased Premises owned by Lessee, shall be kept and maintained by Lessee, at its sole risk, and Lessee shall bear all cost, loss and expense for any casualty or theft risk in connection with such fixtures, furnishings, equipment, inventory and other personal property provided by Lessee.
Lessee’s Property damage to or destruction of any property in the Premises unless the damage or destruction results from the Lessor's failure to carry out repairs or maintenance within a reasonable time.
Lessee’s Property. Lessee may bring its own moveable furniture, equipment, and supplies onto the Premises. Prior to lease expiration, Lessee shall have the right to remove all movable property that belongs to it, provided any damage caused by such removal is repaired at Lessee’s expense.
Lessee’s Property. All property in the Office Complex or on the Premises belonging to Lessee, its agents, employees, invitees or otherwise located at the Premises, shall be at the risk of Lessee only, and Lessor shall not be liable for damage thereto or theft, misappropriation or loss thereof unless caused solely by the gross negligence or willful misconduct of Lessor and Lessee agrees to defend and hold Lessor, its agents, employees and servants harmless and indemnify them against claims and liability for injuries to such property.
Lessee’s Property. 3.13.1 The Council may (despite anything else to the contrary in this Lease) serve the Lessee with a notice in writing (either during the term of the Lease or at the end of the lease) requiring the Lessee to remove any of the Lessee’s buildings, structures, fixtures, fittings and other improvements from the Land.
3.13.2 The Lessee must comply with the notice within twenty-eight (28) days of receiving it and must at its own cost repair any damage caused to the Land.
3.13.3 If the Lessee fails to comply with the notice, the Council may do any of the actions required by the notice and the Lessee must pay to the Council any costs incurred by the Council in doing so.