No Fixture Clause Samples

The "No Fixture" clause establishes that certain items or property within a leased or sold premises are not considered fixtures and therefore do not become part of the real property. In practice, this means that items such as equipment, trade installations, or removable improvements installed by the tenant or seller remain their personal property and can be removed at the end of the lease or sale. This clause is essential for clarifying ownership of specific items and preventing disputes over whether such items must remain with the property or can be taken by the departing party.
No Fixture. In no event shall the System be deemed a fixture. Neither the Judicial Council nor anyone claiming by, through, or under the Judicial Council have any rights in or to the System at any time under the Senior Security Documents except as otherwise provided in this SLA. 15
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No Fixture. If any of the Collateral is or becomes a fixture, Borrower agrees to furnish Lender, at Lender's request, with a statement or statements signed by all persons who have or claim an interest in the real estate concerned, which statements shall provide that the signer consents to the security interest created hereby and disclaims any interest in the Collateral as fixtures.
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No Fixture. If any of the Collateral is or becomes a fixture, ▇▇▇▇▇▇▇▇ agrees to furnish Lender, at ▇▇▇▇▇▇'s request, with a statement or statements signed by all persons who have or claim an interest in the real estate concerned, which statements shall provide that the signer consents to the security interest created hereby and disclaims any interest in the Collateral as fixtures.
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No Fixture. It is the intention of the parties hereto that no part of the Equipment is or shall become a fixture. Notwithstanding and not in derogation of the foregoing, if any of the Equipment is or is to become a fixture, the Borrower agrees to furnish the Lender, at its request, with a statement signed by a duly authorized representative of the Borrower providing that the Borrower consents to the security interest created hereby and disclaims any interest in the Equipment as fixtures.
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No Fixture. In no event shall the System be deemed a fixture. Neither the DGS nor HOST nor anyone claiming by, through or under the DGS or HOST have any‌ rights in or to the System at any time under the Senior Security Documents except as otherwise provided in this SLA.
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Related to No Fixture

  • Fixtures The Seller agrees that all fixtures shall be included as part of the sale EXCEPT: _

  • Furnishings The Premises is: (check one) ☐ - To be furnished with the following items: [ENTER FURNISHINGS] ☐ - Not furnished.

  • Removal of Fixtures (a) So long as the Tenant is not in default hereunder at the expiration of the Term, the Tenant shall then have the right to remove its trade fixtures from the Premises but shall make good any damage caused to the Premises resulting from the installation or removal thereof; provided that all alterations, additions and improvements constructed and installed in the Premises and attached in any manner to the floors, walls or ceiling, including any floor covering and light fixtures, are hereby deemed not to be trade fixtures and shall remain upon and be surrendered with the Premises, except to the extent the Landlord requires removal thereof. (b) If the Tenant fails to remove its trade fixtures and restore the Premises as aforesaid, all such trade fixtures shall become the property of the Landlord except to the extent that the Landlord continues to require removal thereof. (c) Should the Tenant abandon the Premises or should this Lease be terminated before the proper expiration of the Term due to a default on the part of the Tenant then, in such event, as of the moment of default by the Tenant, all trade fixtures and furnishings of the Tenant (whether or not attached in any manner to the Premises) shall, except to the extent the Landlord requires the removal thereof, become and be deemed to be the property of the Landlord, without indemnity to the Tenant and as additional liquidated damages in respect of such default but without prejudice to any other right or remedy of the Landlord. (d) Notwithstanding that any trade fixtures, alterations, additions, improvements or fixtures are or may become the property of the Landlord, the Tenant shall forthwith remove all or part of the same and shall make good any damage caused to the Premises resulting from the installation or removal thereof, all at the Tenant’s expense, should the Landlord so require by notice to the Tenant. (e) If the Tenant, after receipt of a notice from the Landlord, fails to promptly remove any trade fixtures, furnishings, alterations, additions, improvements and fixtures in accordance with such notice, then the Landlord may enter into the Premises and remove therefrom all or part of such trade fixtures, furnishings, alterations, additions, improvements and fixtures without any liability and at the expense of the Tenant, which expense shall forthwith be paid by the Tenant to the Landlord.

  • Personalty 3.1 Subject to any rights of the Corporation or any holder of a ▇▇▇▇-▇▇▇▇ to which the Lease is subordinate, this sale includes all of the Seller's interest, if any, in the Personalty and the Included Interests. 3.2 No consideration is being paid for the Personalty or for the Included Interests; nothing shall be sold to Purchaser if the Closing does not occur. 3.3 Prior to Closing, Seller shall remove from the Unit all the furniture, furnishings and other property not included in this sale, and repair any damage caused by such removal.

  • Title to Alterations Title to all Alterations of such a nature as cannot be removed without damage to the Terminal, including all carpeting, decorations, finishings, and counters, shall vest in City on the Expiration Date. All other equipment of such nature as to constitute trade fixtures shall remain the property of Tenant. On the Expiration Date, Tenant may remove said trade fixtures or Director may require that Tenant remove same at Tenant’s expense. Prior to the Rent Commencement Date, Tenant shall submit to Director a proposed list of such trade fixtures; said list may be subsequently amended during the term of this Lease to reflect any changes in said trade fixtures. Tenant agrees and understands that “fixture” is defined as a thing affixed to premises that is bolted, nailed, screwed, cemented and/or plastered. For the purpose of this Lease, fixtures shall include slat wall, counters and the like, attached to the physical structure of the premises in any matter whatsoever. On the Expiration Date, all fixtures, other than those deemed trade fixtures by City, shall become the property of City. Tenant shall be liable to City for City’s costs for storing, removing and disposing of any alterations of Tenant’s personal property, and of restoration of the Premises.