Common use of of Sublease - Alterations Clause in Contracts

of Sublease - Alterations. Paragraph 7.4(b) of the Sublease is hereby amended to add the following at the end of said Paragraph: “Notwithstanding the foregoing, for any Alterations made to the Premises and paid for by Lessee after the Commencement Date of Lessee’s sublease of Building 66 as part of the Premises, Lessee may request as part of Lessee’s written request to Lessor for Lessor’s consent to any such Alteration, that Lessor acknowledge in writing whether Lessee shall be required to remove such Alteration upon the expiration or earlier termination of the Sublease Term. If Lessor fails to respond to such request within ten (10) business days, upon Lessee’s giving of an additional ten (10) business days written notice to Lessor without response from Lessor, Lessor shall be deemed to have elected that Lessee shall have no obligation to remove such Alteration. In the event Lessor specifies that Lessee is required to remove any such Alteration, Lessee shall be required to restore the Premises to its condition prior to the Alteration, reasonable wear and tear and casualty excepted, including, when removing any of Lessee’s property which was plumbed, wired or otherwise connected to any of the Building systems, capping off all such connections behind the walls of the Premises and repairing any holes. During any such restoration period, Lessee shall pay Rent to Lessor as provided herein as if said space were otherwise occupied by Lessee. The provisions of this Section shall survive the expiration or earlier termination of the Sublease.”

Appears in 4 contracts

Samples: Sublease Agreement (AltheaDx, Inc.), Sublease Agreement (AltheaDx, Inc.), Sublease Agreement (AltheaDx, Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!