PREPARATION OF LEASED PREMISES. Section 3.1. Landlord's Work..................................................................10 Section 3.2.
PREPARATION OF LEASED PREMISES. A. Bank, at its sole cost and expense, shall furnish all fixtures equipment and furnishings which it deems necessary or desirable for FSF operations and shall pay any and all costs of modification of the Store for the installation of its fixtures, equipment and furnishings. Bank shall not make any modification or attach any substantial fixtures or equipment without Supermarket's prior written approval, which shall not be unreasonably withheld. Supermarket consents to all work to be completed by Bank at its own expense, as described on Exhibit C, attached hereto ("Bank's Work").
B. If the Bank's plans for improvements (the FSF) have not been finalized at the time of the execution of this Lease, Bank shall, within thirty (30) days hereof, submit to Supermarket plans for all improvements proposed, including
PREPARATION OF LEASED PREMISES. 4.1 TENANT shall, at TENANT’s sole cost and expense prepare the Leased Premises for TENANT’s occupancy provided that all TENANT’S plans for the TENANT’S improvements (the “Tenant Improvements”) must be approved in advance in writing by LANDLORD. LANDLORD shall review and approve or disapprove construction plans and drawings for the Leased Premises submitted by TENANT within ten (10) business days after LANDLORD’S receipt of a full and complete set of plans and specifications for same. LANDLORD’S failure to respond to TENANT’S submission within such ten (10) business days shall be deemed LANDLORD’S disapproval of same.
4.2 TENANT shall have the responsibility, at TENANT’S sole cost and expense, for obtaining all approvals and permits from the governmental authorities having jurisdiction over the Leased Premises for the construction of the Tenant Improvements. TENANT shall be responsible for obtaining builder’s risk and all other insurance as required for the construction of the Tenant Improvements prior to and during the construction TENANT shall cause the Tenant. TENANT shall, at its sole cost and expense, arrange for and install cable connections to fiber providers located in the Equipment Room or in other areas of the Building designated by the LANDLORD, with such installation being subject to the prior written approval of LANDLORD. LANDLORD’s approval shall not be unreasonably withheld, provided that the installation by TENANT be accomplished by qualified technicians and comply with all county code ordinances and that such installation further comply with all governmental requirements and acceptable industry standards.
4.3 Improvements to be constructed free of any mechanic’s or material man’s lien, claim, or charge and shall indemnify LANDLORD against any and all such liability that may arise on account of the construction of the Tenant Improvements for which TENANT is responsible. TENANT shall record a Notice of Commencement prior to the start of construction and shall cause all contractors, suppliers and others furnishing services for the construction to file lien waivers and releases as work progresses in accordance with local lien law. LANDLORD shall have the right to periodically enter the space to observe the progress of the construction; however, such observation shall not be construed to be an acceptance of the improvements or any portion thereof. Except for the improvements approved in advance by LANDLORD in writing, TENANT shall not make or h...
PREPARATION OF LEASED PREMISES. Landlord shall prepare the Leased Premises for Tenant on a Turnkey Basis. By Landlord’s delivery of the Leased Premises to Tenant, Landlord represents and warrants to Tenant that the Tenant Improvements and the Leased Premises (a) were completed in a good and workmanlike manner and in substantial accordance with the plans and specifications identified in Exhibit D, (b) are in good operating condition, and (c) comply with all applicable laws, rules, regulations and ordinances.
PREPARATION OF LEASED PREMISES. Landlord shall prepare the Leased Premises for Tenant's occupancy as defined in the Landlord's Work Letter ("Work Letter") attached hereto as Exhibit
B-1 and by this reference incorporated herein. Landlord shall contribute an amount not to exceed $40,000 toward such construction and space planning.
PREPARATION OF LEASED PREMISES. (a) Landlord's Work. Landlord shall construct the Building and the Improvements, and landscape the Parcel (the "Landlord's Work"), pursuant to the construction schedule attached hereto as Exhibit C (the "Construction Schedule"), and in accordance with the plans and specifications attached hereto as Exhibit D-1 (the "Construction Plans"). Landlord represents and warrants that, upon substantial completion of the Building and Improvements, the Building and Improvements shall comply with all laws, statutes, ordinances, and governmental rules, regulations, guidelines, orders, and decrees now or hereafter affecting or relating to the Leased Premises or the use thereof (the "Applicable Laws"); except for Applicable Laws that are applicable because of: (i) a special or unusual use of the Leased Premises; or (ii) alterations or additions made by Tenant to the Leased Premises. Landlord shall cooperate with efforts by Tenant to determine the permits or governmental authorizations, if any, that are necessary for the installation of Tenant's distribution/warehouse fixtures and equipment; provided that Tenant shall be responsible for obtaining all such permits and authorizations. Landlord's Work shall be performed under a timely recorded no-lien construction contract, which, by a separate document, shall be collaterally assigned to Tenant to secure the obligation of Landlord to complete Landlord's Work. All change orders with respect to Landlord's Work shall be requested, implemented, and paid for in accordance with the terms and conditions of Exhibit D-4, attached hereto. Landlord shall obtain all permits and governmental authorizations necessary for the completion of Landlord's Work.
PREPARATION OF LEASED PREMISES. 9 SECTION 3.01. LANDLORD'S WORK..................................... 9 SECTION 3.02.
PREPARATION OF LEASED PREMISES. (a) Landlord shall construct or install in the Leased Premises the Tenant Improvements, as defined in and to be constructed or installed pursuant to the provisions of the Tenant Improvement Agreement which is attached hereto as Exhibit D. Landlord and Tenant agree to comply with all of the terms and provisions of the Tenant Improvement Agreement, including, without limitation, the obligation to pay, as additional rental, all amounts due Landlord under Paragraph 3 thereof according to the payment procedures contained therein.
(b) If Tenant causes the improvements to the Leased Premises to exceed in value the value of the Base Building Condition plus Landlord's Allowance for Tenant Improvement Costs (as such terms are defined in the Tenant Improvement Agreement), and if the installation or construction of such improvements causes an increase in the ad valorem taxes on the Building, then Tenant shall pay from time to time, as additional rental, any such increase in ad valorem taxes on demand of Landlord, provided, however, that Tenant shall have no liability hereunder for any such increase in ad valorem taxes unless the Tenant Improvement Costs exceed $30.00 per square foot of Rentable Area of the Leased Premises.
PREPARATION OF LEASED PREMISES. Landlord agrees to perform and complete the work required of Landlord under Construction Requirements attached as Exhibit D ("Landlord's Work"). Landlord shall keep Tenant advised of the status of completion of "Landlords Work" and of the anticipated completion date for the Leased Premises.
PREPARATION OF LEASED PREMISES. SHOPPING CENTER LEASE THIS LEASE is made as of August 27, 1993, by and between COUNTY CROSSROADS CENTER LIMITED PARTNERSHIP, a Minnesota Limited Partnership ("Landlord") and Consumer Credit Corporation, a Minnesota corporation ("Tenant"), under the laws of Minnesota.
