Common use of Related Personal Property Clause in Contracts

Related Personal Property. Tenant may (and shall as provided herein below), at its expense, affix or assemble or place on any parcels of the Land or in any of the Improvements, any Related Personal Property, and Tenant may, subject to the conditions set forth below, remove the same at any time, provided it is replaced with substantially equivalent personal property sufficient to comply with the terms of this Paragraph 8(b). Tenant shall provide and maintain throughout the Term all such Related Personal Property as shall be necessary in order to operate each of the Facilities for its Intended Use and in material compliance with all applicable Legal Requirements and Insurance Requirements. All of the Related Personal Property shall, upon the expiration or earlier termination of this Lease, at Landlord's option, exercised by written notice to Tenant, be either removed by Tenant, at Tenant's sole cost and expense, or left at the applicable Facility.

Appears in 4 contracts

Samples: Property Lease Agreement (Provident Senior Living Trust), Property Lease Agreement (Brookdale Senior Living Inc.), Property Lease Agreement (Brookdale Senior Living Inc.)

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Related Personal Property. Tenant may (and shall as provided herein below), at its expense, affix or assemble or place on any parcels of the Land or in any of the Improvements, any Related Personal Property, and Tenant may, subject to the conditions set forth below, remove the same at any time, provided it is replaced with substantially equivalent personal property sufficient to comply with the terms of this Paragraph 8(b). Tenant shall provide and maintain throughout the Term all such Related Personal Property as shall be necessary in order to operate each of the Facilities Facility for its Intended Use and in material compliance with all applicable Legal Requirements and Insurance Requirements. All of the Related Personal Property shall, upon the expiration or earlier termination of this Lease, Lease at Landlord's option, exercised by written notice to Tenant, be either removed by TenantTenant or left at the Facility, in either case, at Tenant's sole cost and expense, or left at the applicable Facility.

Appears in 2 contracts

Samples: Property Lease Agreement (Provident Senior Living Trust), Property Lease Agreement (Brookdale Senior Living Inc.)

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