Common use of Ownership and Removal Clause in Contracts

Ownership and Removal. The alterations, additions, modifications and improvements referred to in Paragraph 9.1, and consented to in writing by Landlord, shall become part of the real property as soon as they are affixed thereto; however, Landlord may, at Landlord's option, require that Tenant remove all or any part of said alterations prior to the expiration of the Lease Term. If Landlord so requires, Tenant agrees at its own expense, to remove same and to restore the Premises to their original condition, reasonable wear and tear excepted.

Appears in 2 contracts

Samples: Lease Agreement (Iti Technologies Inc), Lease Agreement (Iti Technologies Inc)

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Ownership and Removal. The alterations, additions, modifications and --------------------- improvements referred to in Paragraph 9.1, and consented to in writing by Landlord, shall become part of the real property as soon as they are affixed thereto; however, Landlord may, at Landlord's option, require that Tenant remove all or any part of said alterations prior to the expiration of the Lease TermTerm in a written notice to Tenant at the time of the consent. If Landlord so requires, Tenant agrees agrees, at its own expense, to remove same and to restore the Premises to their original condition, reasonable wear and tear excepted.

Appears in 1 contract

Samples: Lease Agreement (Digex Inc/De)

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Ownership and Removal. The alterations, additions, modifications modifications, and improvements referred to in Paragraph 9.1, paragraph 10.1 and consented to in writing by the Landlord, shall become part of the real property as soon as they are affixed thereto; however, Landlord may, at Landlord's ’s option, require that Tenant remove all or any part of said alterations prior to the expiration of the Lease Termterm. If Landlord so requires, Tenant agrees agrees, at its own expense, to remove same and to restore the Premises to their its original condition, reasonable wear and tear excepted.

Appears in 1 contract

Samples: Commercial Lease Agreement (Solomon Technologies Inc)

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