Common use of Maintenance, Repair and Replacement Obligations of Tenant Clause in Contracts

Maintenance, Repair and Replacement Obligations of Tenant. Tenant shall, at Tenant's expense, at all times keep and maintain the entire Premises in good repair and condition, including without limitation, the diligent and prompt repair of the roof and all exterior supporting walls, foundations, HVAC, plumbing, electrical and other systems, rain gutters and spouting and all esthetic aspects of the Premises and shall also keep the non-structural portions of the Premises (specifically including the storefront, windows and automatic or other doors of the Premises) in good order, condition (subject to reasonable wear and tear and technological obsolence), and repair, clean, sanitary and safe, including the replacement of equipment, fixtures and all broken glass (with glass of the same size and quality). Tenant shall also, during the Term hereof, maintain in good condition and repair the non-building areas of the Property, including the sidewalks, driveways, landscaped areas and parking areas, and including patching, striping, cleaning, sweeping and other maintenance. In the event Tenant fails to perform any of it obligations as required hereunder, Landlord may (but shall not be required to) perform and satisfy same, and Tenant hereby agrees to reimburse Landlord, as Additional Rent, for the reasonable cost thereof, together with interest at the Default Rate, promptly upon demand. The parties agree that it shall be Tenant's sole responsibility at all times during the Term of this Lease to maintain the Premises in structurally sound, leak-free condition so that the Premises shall be maintained at all times as if operations therein were to continue beyond the expiration of the Term, and so that all normal maintenance and repair during the Term shall be completed when the Premises are surrendered to Landlord.

Appears in 1 contract

Samples: Lease Agreement (Sunbelt Automotive Group Inc)

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Maintenance, Repair and Replacement Obligations of Tenant. Tenant shall, at Tenant's expense, at all times keep and maintain the entire Premises in good repair and condition, including without limitation, the diligent and prompt repair of the roof and all exterior supporting walls, foundations, HVAC, plumbing, electrical and other systems, rain gutters and spouting and all esthetic aspects of the Premises and shall also keep the non-structural portions of the Premises (specifically including the storefront, windows and automatic or other doors of the Premises) in good order, condition (subject to reasonable wear and tear and technological obsolence)condition, and repair, clean, sanitary and a safe, including the replacement of equipment, fixtures and all broken glass (with glass of the same size and quality). Tenant shall also, during the Term hereof, maintain in good condition and repair the non-building areas of the Property, including the sidewalks, driveways, landscaped areas and parking areas, and including patching, striping, cleaning, sweeping and other maintenance. In the event Tenant fails to perform any of it obligations as required hereunder, Landlord may (but shall not be required to) perform and satisfy same, and Tenant hereby agrees to reimburse Landlord, as Additional Rent, for the reasonable cost thereof, together with interest at the -5- 6 Default Rate, promptly upon demand. The parties agree that it shall be Tenant's sole responsibility at all times during the Term of this Lease to maintain the Premises in structurally sound, leak-free condition so that the Premises shall be maintained at all times as if operations therein were to continue beyond the expiration of the Term, and so that all normal maintenance and repair during the Term shall be completed when the Premises are surrendered to Landlord.

Appears in 1 contract

Samples: Lease Agreement (Sunbelt Automotive Group Inc)

Maintenance, Repair and Replacement Obligations of Tenant. Tenant shall, at Tenant's expense, at all times keep and maintain the entire Premises in good repair and condition, including without limitation, the diligent and prompt repair of the roof and all exterior supporting walls, foundations, HVAC, plumbing, electrical and other systems, rain gutters and spouting and all esthetic aspects of the Premises and shall also keep the non-structural portions of the Premises (specifically including the storefront, windows and automatic or other doors of the Premises) in good order, condition (subject to reasonable wear and tear and technological obsolence)condition, and repair, clean, sanitary and safe, including the replacement of equipment, fixtures and all broken glass (with glass of the same size and quality). Tenant shall also, during the Term hereof, maintain in good condition and repair the non-building areas of the Property, including the sidewalks, driveways, landscaped areas and parking areas, and including patching, striping, cleaning, sweeping and other maintenance. In the event Tenant fails to perform any of it its obligations as required hereunder, Landlord may (but shall not be required to) perform and satisfy same, and Tenant hereby agrees to reimburse Landlord, as Additional Rent, for the reasonable cost thereof, together with interest at the Default Rate, promptly upon demand. The parties agree that it shall be Tenant's sole responsibility at all times during the Term of this Lease to maintain the Premises in structurally sound, leak-free condition so that the Premises shall be maintained at all times as if operations therein were to continue beyond the expiration of the Term, and so that all normal maintenance and repair during the Term shall be completed when the Premises are surrendered to Landlord.

Appears in 1 contract

Samples: Lease Agreement (Sunbelt Automotive Group Inc)

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Maintenance, Repair and Replacement Obligations of Tenant. Tenant shall, at Tenant's expense, at all times keep and maintain the entire Premises in good repair and condition, including without limitation, limitation the diligent and prompt repair of the roof and all exterior supporting walls, foundations, HVAC, plumbing, electrical and other systems, rain gutters and spouting and all esthetic aspects of the Premises and shall also keep the non-structural portions of the Premises (specifically including the storefront, windows and automatic or other doors of the Premises) in good order, condition (subject to reasonable wear and tear and technological obsolence)condition, and repair, clean, sanitary and safe, including the replacement of equipment, fixtures and all broken glass (with glass of the same size and quality). Tenant shall also, during the Term hereof, maintain in good condition and repair the non-building areas of the Property, Property including the sidewalks, driveways, landscaped areas and parking areas, and including patching, striping, cleaning, sweeping and other maintenance. In the event Tenant fails to perform any of it its obligations as required hereunder, Landlord may (but shall not be required to) perform and satisfy same, and Tenant hereby agrees to reimburse Landlord, as Additional Rentadditional rent, for the reasonable cost thereof, together with interest at the Default Rate, promptly upon demand. The parties agree that it shall be Tenant's sole responsibility at all times during the Term of this Lease to maintain the Premises in structurally sound, leak-free condition so that the Premises shall be maintained at all times as if operations therein were to continue beyond the expiration of the Term, Term and so that all normal maintenance and repair during the Term shall be completed when the Premises are surrendered to Landlord. 7.1 shall be written by companies rated A or better in the most current edition of Best's Insurance Reports. Tenant will cause such insurance policies to name Landlord and its agents (and, at Landlord's election, any lender whose loan is secured by the Premises (a "mortgagee")) as a named insured thereunder with respect to liability policies and to be written so as to provide that the insurer waives all right of recovery by way of subrogation against Landlord (and, at Landlord's election, any mortgagees) in connection with any loss or damage covered by the all-risk (Special Form) policy in accordance with the provisions of Section 7.2 hereof. Tenant shall deliver said policies of liability, workers compensation and all-risk insurance or certificates thereof to Landlord at or prior to its execution of this Lease, and thereafter from time to time at the reasonable request of Landlord. Should Tenant fail to effect the insurance called for in this Lease, Landlord may, but shall not be obligated to, procure said insurance and pay the requisite premiums, in which event, Tenant shall promptly pay all sums so expended by Landlord as additional rent following invoice. Each insurer under the policies required hereunder shall agree by endorsement on the policy issued by it or by independent instrument furnished to Landlord that it will give Landlord at least thirty (30) days prior written notice before the policy or policies in question shall be altered or canceled. Tenant's property insurance policy shall insure Landlord and any mortgagee, as their interests may appear.

Appears in 1 contract

Samples: Lease Agreement (Sunbelt Automotive Group Inc)

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