Common use of Lessor’s Maintenance Obligations Clause in Contracts

Lessor’s Maintenance Obligations. Lessor, at Lessor's own expense, shall be responsible for performing all repairs to the roof, foundation, and exterior walls of the Premises and all major repair or replacement of any mechanical, electrical, plumbing and HVAC equipment, lighting facilities, sprinkler systems, or and exterior irrigation systems unless such repair or replacement be necessitated as a result of the negligence or willful misconduct of Lessee, its affiliates or its or their invitees (the "Structural Repairs"). Lessor shall not be responsible for any other repairs to the Premises. Lessor agrees that in the event any Structural Repairs are needed, Lessor shall proceed to complete the Structural Repairs in the amount of time that is necessary for Lessor, in its reasonable discretion, to complete such Structural Repairs.

Appears in 3 contracts

Samples: Lease Agreement (Addvantage Technologies Group Inc), Lease Agreement (Addvantage Technologies Group Inc), Lease Agreement (Addvantage Technologies Group Inc)

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Lessor’s Maintenance Obligations. Lessor, at Lessor's ’s own expense, shall be responsible for performing all repairs to the roof, foundation, and exterior walls of the Premises and all major repair or replacement of any mechanical, electrical, plumbing and HVAC equipment, lighting facilities, sprinkler systems, or and exterior irrigation systems unless such repair or replacement be necessitated as a result of the negligence or willful misconduct of Lessee, its affiliates or its or their invitees (the "Structural Repairs"). Lessor shall not be responsible for any other repairs to the Premises. Lessor agrees that in the event any Structural Repairs are needed, Lessor shall proceed to complete the Structural Repairs in the amount of time that is necessary for Lessor, in its reasonable discretion, to complete such Structural Repairs.

Appears in 3 contracts

Samples: Agreement for the Purchase and Sale of Real Estate (Addvantage Technologies Group Inc), Lease Agreement (Addvantage Technologies Group Inc), Lease Agreement (Addvantage Technologies Group Inc)

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