Common use of Non-Capital Additions Clause in Contracts

Non-Capital Additions. Tenant shall have the right to make additions, modifications or improvements to the Property which are not Capital Additions from time to time as it, in its reasonable discretion, may deem to be desirable for the Property's uses and purposes permitted hereunder, provided that such action does not (i) significantly and adversely alter the character or purpose or detract in any manner from the value or operating efficiency of the Property, (ii) significantly impair the revenue-producing capability of the Property, (iii) materially and adversely affect the ability of Tenant to comply with the provisions of this Lease, or (iv) result in a violation of any of the provisions of this Lease (including, but not limited to Articles XII or XXIX), and provided that, if the cost of such non-capital additions, modifications or improvements exceed $200,000 in any 12-month period, Tenant gives Landlord ten days' prior Notice of such addition, modification or improvement. The cost of such non-capital additions, modifications or improvements to the Property shall be paid by Tenant, and all such non-capital additions, modifications and improvements shall, without payment by Landlord at any time, be included under the terms of this Lease, and upon expiration or earlier termination of this Lease shall pass to and become the property of Landlord.

Non-Capital Additions. Tenant shall have the right to make additions, modifications or improvements to the Property which are not Capital Additions from time to time as it, in its reasonable discretion, may deem to be desirable for the Property's uses and purposes permitted hereunder, provided that such action does not (i) significantly and adversely alter the character or purpose or detract in any manner from the value or operating efficiency of the Property, (ii) significantly impair the revenue-producing capability of the Property, (iii) materially and adversely affect the ability of Tenant to comply with the provisions of this Lease, or (iv) result in a violation of any of the provisions of this Lease (including, but not limited to Articles XII or XXIX), and provided that, if the cost of such non-capital additions, modifications or improvements exceed $200,000 in any 12-month period, Tenant gives Landlord ten days' prior Notice of such addition, modification or improvement. The cost of such non-capital additions, modifications or improvements to the Property shall be paid by Tenant, and all such non-capital additions, modifications and improvements shall, without payment by Landlord at any time, be included under the terms of this Lease, and upon expiration or earlier termination of this Lease shall pass to and become the property Property of Landlord.