Common use of Obligation to Maintain the Premises Clause in Contracts

Obligation to Maintain the Premises. During the Term, Tenant will, at its own expense, keep and maintain the entire Premises in good order and repair, including, but not limited to, the interior, exterior, foundations, floors, walls, roof, and structure of the building; the sidewalks, curbs, trash enclosures, landscaping with sprinkler system (if installed), light standards, and parking areas that are a part of the Premises. Tenant shall make such repairs and replacements as may be necessary, regardless of whether the benefit of such repair or replacement extends beyond the term of this Lease. The Premises shall be returned to Landlord at the termination or expiration of this Lease in the condition required under this Lease, ordinary wear and damage by casualty excepted. For as long as Tenant is not in default of any of the terms and conditions of this Lease, Landlord hereby assigns to Tenant all building contractor, subcontractor, and manufacturer's warranties and guarantees, if any, applicable to the Premises; and Landlord shall cooperate with Tenant at Tenant's request and sole cost in any action to enforce such warranties and guarantees. In the event of destruction of the Premises by fire or other casualty, the condition of Premises upon termination of this Lease shall be governed by Section 11. Landlord shall have no obligation whatsoever to alter, remodel, improve, repair, renovate, retrofit or maintain the Premises or any portion thereof. Notwithstanding any other provision of this Lease, Tenant agrees that Tenant will, at its sole cost and expense, fully and completely replace the roof of the building located on the Premises and resurface the parking lots located on the Premises at least one time during the Term (as may be extended from time to time pursuant to Section 3.2). Such replacement and resurfacing shall be performed in a manner reasonably acceptable to Landlord, and such roof replacement shall be of a grade and quality that has at least a ten-year warranty and shall be installed by a roofing contractor reasonably acceptable to Landlord. Landlord and Tenant hereby acknowledge that this provision was bargained for at the time of Landlord's purchase of the Premises from Tenant at a present value of $350,000.

Obligation to Maintain the Premises. During the Term, Tenant willshall, at its own expense, keep and maintain the entire Premises in good order and repair, including, but not limited to, the interior, exterior, foundations, floors, walls, roof, and structure of the building; and the sidewalks, curbs, walls, trash enclosures, landscaping with sprinkler system (if installed), light standards, and parking areas that which are a part of the Premises. Tenant shall make such repairs and replacements as may be necessary, regardless of whether the benefit of such repair or replacement extends beyond the term of this LeaseTerm. The Premises shall be returned to Landlord at the termination or expiration of this Lease in the condition required under this Leasegood condition, except for ordinary wear and damage by tear and insured casualty, provided Tenant has assigned or paid over to Landlord the entirety of the insurance proceeds payable and the amount of any deductibles in connection with such insured casualty exceptedplus a sum equal to the entirety of the self-insured retention as set forth in Section 12(b). For as long as Tenant is not in default of any of the terms and conditions of this Lease, Landlord hereby assigns to Tenant all building contractor, subcontractor, and manufacturer's ’s warranties and guarantees, if any, guarantees applicable to the Premises; and Landlord shall cooperate with Tenant at Tenant's ’s request and sole cost in any action to enforce such warranties and guarantees. In the event of destruction of the Premises by fire or other casualty, the condition of the Premises upon termination of this Lease shall be governed by Section 11. Landlord shall have no obligation whatsoever to alter, remodel, improve, repair, renovate, retrofit or maintain the Premises or any portion thereof. Notwithstanding any other provision of this Lease, Tenant agrees that Tenant will, at its sole cost and expense, fully and completely replace the roof of the building located on the Premises and resurface the parking lots located on the Premises at least one time during the Term (as may be extended from time to time pursuant to Section 3.2). Such replacement and resurfacing shall be performed in a manner reasonably acceptable to Landlord, and such roof replacement shall be of a grade and quality that has at least a ten-year warranty and shall be installed by a roofing contractor reasonably acceptable to Landlord. Landlord and Tenant hereby acknowledge that this provision was bargained for at the time of Landlord's purchase of the Premises from Tenant at a present value of $350,00012.

Obligation to Maintain the Premises. During the Term, Tenant willshall, at its own expense, keep and maintain the entire Premises in good order and repair, including, but not limited to, the interior, exterior, foundations, floors, walls, roof, and structure of the building; and the sidewalks, curbs, walls, trash enclosures, landscaping with sprinkler system (if installed), light standards, and parking areas that which are a part of the Premises. Tenant shall make such repairs and replacements as may be necessary, regardless of whether the benefit of such repair or replacement extends beyond the term of this LeaseTerm. The Premises shall be returned to Landlord at the termination or expiration of this Lease in the condition required under this Leasegood condition, ordinary wear and damage by casualty exceptedtear accepted. For as long as Tenant is not in default of any of the terms and conditions of this Lease, Landlord hereby assigns to Tenant all building contractor, subcontractor, and manufacturer's ’s warranties and guarantees, if any, guarantees applicable to the Premises; and Landlord shall cooperate with Tenant at Tenant's ’s request and sole cost in any action to enforce such warranties and guarantees. In the event of destruction of the Premises by fire or other casualty, the condition of the Premises upon termination of this Lease shall be governed by Section 11. Landlord shall have no obligation whatsoever to alter, remodel, improve, repair, renovate, retrofit or maintain the Premises or any portion thereof. Notwithstanding any other provision of this Lease, Tenant agrees that Tenant will, at its sole cost and expense, fully and completely replace the roof of the building located on the Premises and resurface the parking lots located on the Premises at least one time during the Term (as may be extended from time to time pursuant to Section 3.2). Such replacement and resurfacing shall be performed in a manner reasonably acceptable to Landlord, and such roof replacement shall be of a grade and quality that has at least a ten-year warranty and shall be installed by a roofing contractor reasonably acceptable to Landlord. Landlord and Tenant hereby acknowledge that this provision was bargained for at the time of Landlord's purchase of the Premises from Tenant at a present value of $350,00012.

Obligation to Maintain the Premises. During the Termterm of this Lease, Tenant willshall, at its own expense, keep and maintain the entire Premises in good order and repair, including, but not limited to, the interior, exterior, foundations, floors, walls, roof, roof and structure of the building; , Utility Installations, the sidewalks, curbs, trash enclosures, landscaping with sprinkler system (if installed), light standards, and parking areas that which are a part of the Premises. Tenant shall make such repairs and replacements as may be necessary, regardless of whether the benefit of such repair or replacement extends beyond the term of this Lease. The Premises shall be returned to Landlord at the termination or expiration of this Lease in the condition required under this Lease, ordinary wear and damage by casualty exceptednoted in Section 3.3. For as long as Tenant is not in default of any of the terms and conditions of this Lease, Landlord hereby assigns to Tenant all building contractor, subcontractor, and manufacturer's ’s warranties and guarantees, if any, applicable to the Premises; and Landlord shall cooperate with Tenant at Tenant's ’s request and sole cost in any action to enforce such warranties and guarantees. In the event of damage or destruction of the Premises by fire or other casualtycasualty or by condemnation, the Parties’ obligations with respect to the repair of such damage or destruction and the condition of the Premises upon any resulting termination of this Lease shall be governed by Section 11Article 14 or 15, as applicable. Landlord shall have no obligation whatsoever to alter, remodel, improve, repair, renovate, retrofit or maintain the Premises or any portion thereof. Notwithstanding any other provision of this Lease, Tenant agrees that Tenant will, at its sole cost and expense, fully and completely replace the roof of the building located on the Premises and resurface the parking lots located on the Premises at least one time during the Term (as may be extended from time to time pursuant to Section 3.2). Such replacement and resurfacing shall be performed in a manner reasonably acceptable to Landlord, and such roof replacement shall be of a grade and quality that has at least a ten-year warranty and shall be installed by a roofing contractor reasonably acceptable to Landlord. Landlord and Tenant hereby acknowledge that this provision was bargained for at the time of Landlord's purchase of the Premises from Tenant at a present value of $350,000.