Common use of PERSONALTY, FIXTURES AND EQUIPMENT Clause in Contracts

PERSONALTY, FIXTURES AND EQUIPMENT. (A) All building fixtures, building machinery, and building equipment used in connection with the operation of the Leased Premises including, but not limited to, heating, lighting, ventilating, plumbing, walk-in refrigerators, walk-in freezers, and air conditioning systems shall be the property of Lessor. All trade fixtures and all other fixtures and articles of personal property owned by Lessee shall remain the property of Lessee. (B) Lessee shall furnish and pay for any and all equipment, furniture, trade fixtures, and signs, except for such items, if any, described in Article 20(A) above. Lessor agrees that it has no interest in the personal property of Lessee. (C) At the end of the term of this Lease, all personal property and trade fixtures of Lessee may be removed from the Leased Premises by Lessee, however, removal of such fixtures may proceed only after five (5) business days prior written notice to Lessor of the time of such removal and notice of the identification of the parties performing such removal. All damage to the Leased Premises which may be caused by the removal of such property shall be promptly paid for by Lessee.

Appears in 9 contracts

Samples: Net Lease Agreement (Aei Income & Growth Fund Xxi LTD Partnership), Net Lease Agreement (Aei Net Lease Income & Growth Fund Xx Limited Partnership), Net Lease Agreement (Aei Net Lease Income & Growth Fund Xx Limited Partnership)

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PERSONALTY, FIXTURES AND EQUIPMENT. (A) All building fixtures, building machinery, and building equipment used in connection with the operation of the Leased Premises including, but not limited to, heating, lighting, ventilating, plumbing, walk-in refrigerators, walk-in freezers, and air conditioning systems shall be the property of Lessor. All trade fixtures and all other fixtures and articles of personal property owned by Lessee shall remain the property of Lessee. (B) Lessee shall furnish and pay for any and all equipment, furniture, trade fixtures, and signs, except for such items, if any, described in Article 20(A) above. Lessor agrees that it has no interest in the personal property of Lessee. (C) At the end of the term of this Lease, all personal property and trade fixtures fixture of Lessee may be removed from the Leased Premises by Lessee, however, removal of such fixtures may proceed only after five (5) business days prior written notice to Lessor of the time of such removal and notice of the identification of the parties performing such removal. All damage to the Leased Premises which may be caused by the removal of such property shall be promptly paid for by Lessee.

Appears in 8 contracts

Samples: Net Lease Agreement (Aei Income & Growth Fund Xxii LTD Partnership), Purchase and Sale Agreement (Aei Income & Growth Fund Xxii LTD Partnership), Net Lease Agreement (Aei Income & Growth Fund Xxii LTD Partnership)

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