MAINTENANCE AND SURRENDER. Lessee shall at all times and at its own cost and expense keep the equipment in good repair, condition, and working order and shall obtain such regular service and maintenance as is required to keep the equipment in good repair. If the equipment leased hereunder as a manufacturer’s warranty in effect at any time during the term of this lease, Lessee shall obtain the inspections and service necessary to continue such warranty in full force and effect and shall make no repairs or alterations which would have the effect of voiding such warranty. Upon expiration of this lease, Xxxxxx shall return the equipment to Lessor in good repair, condition and working order excepting only ordinary wear and tear resulting from proper use.
MAINTENANCE AND SURRENDER. Section 8.1
MAINTENANCE AND SURRENDER. MAINTENANCE
MAINTENANCE AND SURRENDER. Lessor shall at its expense and risk maintain the roof, foundation, underground or otherwise concealed plumbing, the structural soundness of the exterior walls (including all windows, windows glass, plate glass, and all doors), and all other parts of the building and other improvements on the leased premises in good repair and condition, including but not limited to, repairs (including all necessary replacements) to the exterior plumbing, windows, window glass, plate glass, doors, HVAC system, fire protection system, interior of the building in general, and maintenance of the parking and common areas outside the building. Lessor will regularly, or at least annually, perform any mold related examinations and tests necessary to insure that unsafe levels of mold are not present in the building. Lessee will perform periodic checks of the attic and subfloor areas, to determine the existence of any water leaks or environments conducive to the growth of mold. Xxxxxx agrees to remediate any mold damage or growth that may occur on the Premises, and repair or replace any parts of the building damaged by mold. Lessee shall, throughout the lease term, maintain the building and other improvements constituting the lease premises and keep them free from waste or nuisance, repair any damages to the Premises caused by Lessee, and shall deliver up the Premises in a clean and sanitary condition at the termination of this Lease Agreement in good repair and condition, except for reasonable wear and tear and damage by fire, tornado, or other casualty. In the event Lessee should neglect to reasonably maintain the leased premises, Lessor shall have the right, but not the obligation, to cause repairs or corrections to be made, and any reasonable costs therefore shall by paying by Lessee to Lessor as additional rental on the next rental installment date. Any physical additions or improvements to the Premises made by Lessee will become the property of Lessor. Upon the expiration of this Lease Agreement, Xxxxxx shall have the right to remove from the leased premises its personal property and shall make any necessary repairs to the Premises of damage caused in connection with the removal of said property, if any, within fifteen (15) days of the expiration date. Lessor may require that Lessee, at termination of this Lease Agreement and at Xxxxxx’s expense, remove any physical additions and improvements, repair any alterations, and restore the Premises to the condition existing at the c...
MAINTENANCE AND SURRENDER. 4.01 Lessor shall, at its own expense and risk, maintain the roof, foundation, plumbing, heating and air conditioning systems, fire protection sprinkling system, structural soundness of the exterior walls (including all windows, window glass, plate glass, and doors), parking lots, walkway surrounding the building, and stairways, including but not limited to repairs and all necessary replacements of these items. Lessor shall not, however, be liable for any damages to person or property resulting from Lessor’s failure to make any repairs or perform any maintenance called for in this section unless, prior to the damages occurring, Lessee had given Lessor written notice of the need for the repair or maintenance and Lessor had failed to make the needed repair or to perform the needed maintenance within a reasonable time of receipt of the notice. Lessor is entitled to reimbursement from Lessee for any and all expenses reasonably incurred in connection with any maintenance, repair, or replacement required of Lessor pursuant to this section if the need for the maintenance, repair, or replacement resulted from the negligence or fault of Lessee or Lessee’s agents, servants, officers, employees, or invitees. The reimbursement shall be due immediately upon receipt by Lessee of an itemized list of such expenses, with interest at the rate of 10% annually from the date of receipt of such notice until reimbursement by Lessee.
MAINTENANCE AND SURRENDER. MAINTENANCE AND SURRENDER BY TENANT
MAINTENANCE AND SURRENDER. Lessee acknowledges that its acceptance of possession of the leased premises constitutes a conclusive admission that it has inspected the leased premises and has found them in good condition and repair and in all respects in accordance with the plans and specifications previously approved by Lessee. Lessee shall furnish the following services at its sole expense:
MAINTENANCE AND SURRENDER. Subtenant shall keep the Premises in good order 7 and repair and perform all maintenance, repair and replacement obligations of “Tenant” required under the Master Lease. Subtenant shall surrender the Premises in the same condition as on the Commencement Date, reasonable wear and tear and casualty excepted. Notwithstanding anything herein to the contrary, in no event shall Subtenant be required to remove or pay for the removal of any improvements or alterations existing as of the Commencement Date. Notwithstanding anything to the contrary, if Master Landlord requires the removal any Leasehold Improvements existing as of the Commencement Date upon the expiration of the Master Lease, Sublandlord shall have the right to enter the Premises during the last thirty (30) days of the Term to perform such work required under the Master Lease, provided if the work materially interferes with Subtenant’s use and occupancy of the Premises, Rent shall xxxxx during the period of interference in proportion to the portion of the Premises Subtenant is unable to use and occupy and does not use and occupy. Subject to the foregoing sentence, such entry by Xxxxxxxxxxx and the performance of such work shall not be deemed an interference with Subtenant’s quiet enjoyment of the Premises and shall not subject Sublandlord to liability to Subtenant. 7.
MAINTENANCE AND SURRENDER. Sub-Subtenant shall keep the Premises in the condition required under the Master Sublease and perform all maintenance, repair and replacement obligations of “Subtenant” required under the Master Sublease. Sub-Subtenant shall surrender the Premises in the condition as required under the Master Sublease as if Sub-Subtenant were the named “Subtenant” under the Master Sublease it being agreed that Sub-Subtenant as assumed all of Sub-Sublandlord’s obligations under the Master Sublease with regards to the condition of the Premises.
MAINTENANCE AND SURRENDER. Commencing upon Sublandlord’s delivery of the Phase I Premises and the Phase II Premises to Subtenant or Subtenant’s early access, Subtenant shall keep the Premises in good order and repair and perform all maintenance, repair and replacement obligations of “Tenant” required under the Master Lease. Subtenant shall surrender the Premises in the same condition as required under the Master Lease, including, without limitation, removing all cabling and Furniture (as defined below) which is required to be removed under the Master Lease whether installed by Sublandlord or Subtenant. Sublandlord represents that it has not been notified by Master Landlord that any Alterations (as defined in the Master Lease) existing within the Premises as of the Effective Date must be removed at the expiration or earlier termination of the Master Lease. 0000 Xxxxxx Xxxxxx Xxxxx Xxx Xxxxx, XX ACADIA Pharmaceuticals Inc.
