Common use of Removal of Alterations Clause in Contracts

Removal of Alterations. All alterations, additions and improvements shall remain the property of Tenant until termination of this Lease, at which time they shall be and become the property of Landlord; provided, however, that Landlord may, by written notice at any time prior to the date which is thirty (30) days before the expiration of the Term (or immediately upon any sooner termination of the Lease) identify those items of Tenant’s alterations, additions or improvements which Landlord shall require Tenant to remove at the termination of this Lease. If Landlord requires Tenant to remove any such alterations, additions or improvements, Tenant shall at its sole cost, remove the identified items on or before the expiration or sooner termination of this Lease and repair any damage to the Premises and/or the Building caused by such removal.

Appears in 2 contracts

Samples: Lease (Zogenix, Inc.), Consent to Assignment Agreement (Zogenix, Inc.)

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Removal of Alterations. All alterations, additions and improvements shall remain the property of Tenant until termination of this Lease, at which time they shall be and become the property of Landlord; provided, however, that Landlord may, by written notice at any time prior to the date which is thirty (30) days before the expiration of the Term (or immediately upon any sooner termination of the Lease) identify those items of Tenant’s 's alterations, additions or improvements which Landlord shall require Tenant to remove at the termination of this Lease. If Landlord requires Tenant to remove any such alterations, additions or improvements, Tenant shall at its sole cost, remove the identified items on or before the expiration or sooner termination of this Lease and repair any damage to the Premises and/or the Building caused by such removal. Landlord shall, upon giving Tenant consent, inform Tenant if Landlord will require said alteration to be removed at expiration of Lease.

Appears in 1 contract

Samples: Lease (Open Energy Corp)

Removal of Alterations. All alterations, additions and improvements shall remain the property of Tenant until termination of this Lease, at which time they shall be and become the property of Landlord; provided, however, that Landlord may, by written notice at any time prior to the date which is thirty (30) days before the expiration of the Term (or immediately upon any sooner termination of the Lease) identify those items of Tenant’s 's alterations, additions or improvements which Landlord shall require Tenant to remove at the termination of this Lease. If Landlord requires Tenant to remove any such alterations, additions or improvements, Tenant shall at its sole cost, remove the identified items on or before the expiration or sooner termination of this Lease and repair any damage to the Premises and/or the Building caused by such removal.

Appears in 1 contract

Samples: Work Letter Agreement (NovaCardia Inc)

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Removal of Alterations. All alterationsAlterations and the initial Tenant Improvements in the Premises (whether installed or paid for by Landlord or Tenant), additions and improvements shall remain the property of Tenant until termination of this Lease, at which time they shall be and become the property of LandlordLandlord and shall remain upon and be surrendered with the Premises at the end of the Term; provided, however, that Landlord may, by written notice at any time prior delivered to the date which is Tenant within thirty (30) days before the expiration after Landlord’s receipt of the Term (or immediately upon plans for any sooner termination of the Lease) Alterations identify those items of Tenant’s alterations, additions or improvements Alterations which Landlord shall require Tenant to remove at the termination end of this Leasethe Term. If Landlord requires Tenant to remove any such alterations, additions or improvementsAlterations, Tenant shall shall, at its sole cost, remove the identified items on or before the expiration or sooner termination of this Lease and repair any damage to the Premises and/or the Building caused by such removalremoval to its original condition (or, at Landlord’s option, Tenant shall pay to Landlord all of Landlord’s costs of such removal and repair).

Appears in 1 contract

Samples: Trulia, Inc.

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