Common use of Removal of Fixtures and Improvements Clause in Contracts

Removal of Fixtures and Improvements. All Leasehold Improvements in or upon the Leased Premises shall immediately upon affixation be and become the Landlord’s property without compensation therefor to the Tenant. Except to the extent otherwise expressly agreed by the Landlord in writing no Leasehold Improvements, trade fixtures, furniture or equipment shall be removed by the Tenant from the Leased Premises either during or at the expiration or earlier termination of the Term except that (1) the Tenant shall at the end of the Term remove its trade fixtures, (2) the Tenant shall at the end of the Term remove such Non-Standard Leasehold Improvements (as defined below) as the Landlord shall require to be removed, and (3) the Tenant shall remove its furniture and equipment at the end of the Term (provided that in the event the Tenant does not so remove its furniture and equipment at the end of the Term the Landlord shall have the right, at its sole discretion and without any liability whatsoever to the Tenant, to remove and dispose of any property left in the Leased Premises by the Tenant, at the Tenant’s cost and expense) and may remove its furniture and equipment during the Term in the usual and normal course of its business where such furniture or equipment has become excess for the Tenant’s purposes or the Tenant is substituting therefor new furniture and equipment. The Tenant shall, in the case of every removal either during or at the end of the Term, make good any damage caused to the Leased Premises by the installation and removal. Provided that upon the termination of this Lease, the Tenant, if requested by the Landlord and at the Tenant’s sole cost and expense, shall restore the interior of the Leased Premises to its former condition immediately prior to the installation of such alterations or changes, including the restoration of such standard fixtures as may have been installed by the Landlord, and if not so requested, any such changes or alterations shall become the property of the Landlord, or alternatively, the Tenant shall install such comparable fixtures and materials as may then be in use. For clarity, at the expiration or earlier termination of the Term, the Tenant shall not be required to restore the Leased Premises to base building condition or be required to or be entitled to remove any Leasehold Improvements installed prior to the Commencement Date, save and except as provided in Section 8.4 below.

Appears in 2 contracts

Samples: Lease (PointClickCare Corp.), Lease (PointClickCare Corp.)

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Removal of Fixtures and Improvements. All Leasehold Improvements in or upon the Leased Premises shall immediately become the property of the Landlord upon affixation be and become the Landlord’s property or installation without compensation therefor to the Tenant. Except to the extent otherwise expressly agreed by Tenant but the Landlord in writing is under no obligation to repair, maintain or insure Leasehold Improvements, trade fixtures, furniture or equipment . Leasehold Improvements shall not be removed by the Tenant from the Leased Premises either during or at the expiration or earlier termination of the Term Term, except that (1) the Tenant shall at the end of the Term remove its trade fixtures, (2) the Tenant shall at the end of the Term remove such Non-Standard Leasehold Improvements (as defined below) as the Landlord shall require to be removed, and (3) the Tenant shall remove its furniture and equipment at the end of the Term (provided that in the event the Tenant does not so remove its furniture and equipment at the end of the Term the Landlord shall have the right, at its sole discretion and without any liability whatsoever to the Tenant, to remove and dispose of any property left in the Leased Premises by the Tenant, at the Tenant’s cost and expense) and may remove its furniture and equipment during the Term in the usual and normal course of its business where such furniture or equipment has become excess for the Tenant’s purposes or the Tenant is substituting therefor new furniture and equipment. The Tenant shall, in the case of every removal either during or at the end of the Term, make good remove such Leasehold Improvements installed or constructed by or on behalf of the Tenant as the Landlord may require to be removed. The Tenant may, during the Term, remove its trade fixtures provided that the Tenant is not in default under this Lease and such trade fixtures are immediately replaced by trade fixtures of equal or better value. The Tenant shall at the expiration or earlier termination of the Term remove its trade fixtures as the Landlord may require. Any removal of Leasehold Improvements and/or the Tenant’s trade fixtures shall be done at the Tenant’s sole cost and expense and the Tenant shall forthwith repair at its own cost any damage caused to the Leased Premises or the Building or any part thereof by the installation and removalor removal of Leasehold Improvements and/or trade fixtures. Provided that upon the termination of this Lease, the Tenant, if requested by the Landlord and at the Tenant’s sole cost and expense, shall restore the interior of the Leased Premises to its former condition immediately prior to the installation of such alterations or changes, including the restoration of such standard fixtures as may have been installed by the Landlord, and if not so requested, any such changes or alterations shall become the property of the Landlord, or alternatively, If the Tenant shall install such comparable does not remove its trade fixtures and materials as may then be in use. For clarity, at the expiration or earlier termination of the Term, then the Tenant shall not trade fixtures shall, at the option of the Landlord, become the property of the Landlord and may be required to restore removed from the Leased Premises to base and/or sold or otherwise disposed of by the Landlord in such manner as it deems advisable. For greater certainty, the Tenant’s trade fixtures shall not include any heating, ventilating or air-conditioning equipment or other building condition services or be required to or be entitled to remove any Leasehold Improvements installed prior floor covering affixed to the Commencement Date, save and except as provided floor of the Leased Premises. The obligations of the Tenant set forth in this Section 8.4 belowshall survive the expiry or other termination of the Term.

Appears in 2 contracts

Samples: Lease (Repare Therapeutics Inc.), Lease (Repare Therapeutics Inc.)

Removal of Fixtures and Improvements. All Leasehold Improvements in or upon the Leased Premises shall immediately become the property of the Landlord upon affixation be and become the Landlord’s property or installation without compensation therefor to the Tenant. Except to the extent otherwise expressly agreed by Tenant but the Landlord in writing is under no obligation to repair, maintain or insure Leasehold Improvements, trade fixtures, furniture or equipment . Leasehold Improvements shall not be removed by the Tenant from the Leased Premises either during or at the expiration or earlier termination of the Term Term, except that (1) the Tenant shall at the end of the Term remove its trade fixtures, (2) the Tenant shall at the end of the Term remove such Non-Standard Leasehold Improvements (as defined below) as the Landlord shall require to be removed, and (3) the Tenant shall remove its furniture and equipment at the end of the Term (provided that in the event the Tenant does not so remove its furniture and equipment at the end of the Term the Landlord shall have the right, at its sole discretion and without any liability whatsoever to the Tenant, to remove and dispose of any property left in the Leased Premises by the Tenant, at the Tenant’s cost and expense) and may remove its furniture and equipment during the Term in the usual and normal course of its business where such furniture or equipment has become excess for the Tenant’s purposes or the Tenant is substituting therefor new furniture and equipment. The Tenant shall, in the case of every removal either during or at the end of the Term, make good remove such Leasehold Improvements installed or constructed by or on behalf of the Tenant, as the Landlord may require to be removed. The Tenant may, during the Term, remove its trade fixtures provided that the Tenant is not in default under this Lease and such trade fixtures are immediately replaced by trade fixtures of equal or better value. The Tenant shall at the expiration or earlier termination of the Term remove its trade fixtures as the Landlord may require. Any removal of Leasehold Improvements and/or the Tenant's trade fixtures shall be done at the Tenant's sole cost and expense and the Tenant shall forthwith repair at its own cost any damage caused to the Leased Premises or any part thereof by the installation and removalor removal of Leasehold Improvements and/or trade fixtures. Provided that upon the termination of this Lease, the Tenant, if requested by the Landlord and at the Tenant’s sole cost and expense, shall restore the interior of the Leased Premises to its former condition immediately prior to the installation of such alterations or changes, including the restoration of such standard fixtures as may have been installed by the Landlord, and if not so requested, any such changes or alterations shall become the property of the Landlord, or alternatively, If the Tenant shall install such comparable does not remove its trade fixtures and materials as may then be in use. For clarity, at the expiration or earlier termination of the Term, then the Tenant shall not trade fixtures shall, at the option of the Landlord, become the property of the Landlord and may be required to restore removed from the Leased Premises to base and/or sold or otherwise disposed of by the Landlord in such manner as it deems advisable. For greater certainty, the Tenant's trade fixtures shall not include any heating, ventilating or air-conditioning equipment or other building condition services or be required to or be entitled to remove any Leasehold Improvements installed prior floor covering affixed to the Commencement Date, save and except as provided floor of the Leased Premises. The obligations of the Tenant set forth in this Section 8.4 belowshall survive the expiry or other termination of the Term.

Appears in 1 contract

Samples: Lease (Hydrogenics Corp)

Removal of Fixtures and Improvements. All Leasehold Improvements in or upon the Leased Premises shall immediately become the property of the Landlord upon affixation be and become the Landlord’s property or installation without compensation therefor to the Tenant. Except to the extent otherwise expressly agreed by Tenant but the Landlord in writing is under no obligation to repair, maintain or insure such Leasehold Improvements, trade fixtures, furniture or equipment . Such Leasehold Improvements shall not be removed by the Tenant from the Leased Premises either during or at the expiration or earlier termination of the Term Term, except that (1) the Tenant shall at the end of the Term remove its trade fixturesshall, (2) the Tenant shall at the end of the Term remove such Non-Standard Leasehold Leaseholdd Improvements (as defined below) installed or constructed after the commencement of the Term as the Landlord shall may require to be removed. The Tenant may, during the Term, remove its trade fixtures provided that the Tenant is not in default under this Lease and (3) such trade fixtures are immediately replaced by trade fixtures of equal or better value. Any removal of such Leasehold Improvements and the Tenant's trade fixtures shall be done at the Tenant's sole cost and expense and the Tenant shall remove its furniture and equipment at the end of the Term (provided that in the event the Tenant does not so remove its furniture and equipment at the end of the Term the Landlord shall have the right, at its sole discretion and without any liability whatsoever to the Tenant, to remove and dispose of any property left in the Leased Premises by the Tenant, at the Tenant’s cost and expense) and may remove its furniture and equipment during the Term in the usual and normal course of its business where such furniture or equipment has become excess for the Tenant’s purposes or the Tenant is substituting therefor new furniture and equipment. The Tenant shall, in the case of every removal either during or at the end of the Term, make good any damage caused to the Leased Premises or any part thereof by the installation and removal. Provided that upon the termination of this Lease, the Tenant, if requested by the Landlord and at the Tenant’s sole cost and expense, shall restore the interior of the Leased Premises to its former condition immediately prior to the installation or removal of such alterations or changes, including the restoration of such standard fixtures as may have been installed by the Landlord, Leasehold Improvements and if not so requested, any such changes or alterations shall become the property of the Landlord, or alternatively, trade fixtures. If the Tenant shall install such comparable does not remove its trade fixtures and materials as may then be in use. For clarity, at the expiration or earlier termination of the TermTerm the trade fixtures shall, at the Tenant shall not option of the Landlord, become the propoerty of the Landlord and may be required to restore removed from the Leased Premises to base and sold or disposed of by the Landlord in such manner as it deems advisable. For greater certainty, the Tenant's trade fixtures shall not include any heating, ventilating and air-conditioning equipment or other building condition services or be required to or be entitled to remove any Leasehold Improvements installed prior floor covering affixed to the Commencement Date, save and except as provided in Section 8.4 belowfloor of the Leased Premises. The obligations of the Tenant set forth herein shall survive the expiry or other termination of the Term.

Appears in 1 contract

Samples: Lease Agreement (Sidus Systems Inc)

Removal of Fixtures and Improvements. All Leasehold Improvements in or upon the Leased Premises shall immediately upon affixation termination of this lease be and become the Landlord’s 's property without compensation therefor to the Tenant. Except to the extent otherwise expressly agreed by the Landlord in writing no Leasehold Improvements, trade fixtures, furniture or equipment shall be removed by the Tenant from the Leased Premises either during or at the expiration or earlier termination of the Term except that (1) the Tenant shall at the end of the Term remove its trade fixtures, and (2) the Tenant shall at the end of the Term remove such Non-Standard Leasehold Improvements (as defined below) as the Landlord shall require to be removed, and (3) the Tenant shall remove its furniture and equipment at the end of the Term (provided that in the event the Tenant does not so remove its furniture and equipment at the end of the Term the Landlord shall have the right, at its sole discretion and without any liability whatsoever to the Tenant, to remove and dispose of any property left in the Leased Premises by the Tenant, at the Tenant’s cost and expense) and may remove its furniture and equipment during the Term in the usual and normal course of its business where such furniture or equipment has become excess for the Tenant’s 's purposes or the Tenant is substituting therefor new furniture and equipment. It is understood that the Tenant, as of the termination of this Lease, will surrender the Leased Premises free from any obligation to remove or demolish the original existing, as of the Commencement Date, leasehold improvements. The Tenant shall, in the case of every removal either during or at the end of the Term, make good any damage caused to the Leased Premises by the installation and removal. Provided that upon the termination of this Lease, the Tenant, if requested by the Landlord and at the Tenant’s sole cost and expenseLandlord, shall restore the interior of the Leased Premises any subsequent alterations to its former condition immediately prior to the installation of such subsequent alterations or changes, including the restoration of such standard fixtures as may have been installed by the Landlord, and if not so requested, any such changes or alterations shall become the property of the Landlord, or alternatively, the Tenant shall install such comparable fixtures and materials as may then be in use. For clarity, at the expiration or earlier termination of the Term, the Tenant shall not be required to restore the Leased Premises to base building condition or be required to or be entitled to remove any Leasehold Improvements installed prior to the Commencement Date, save and except as provided in Section 8.4 below.

Appears in 1 contract

Samples: Lease (Changepoint Corp)

Removal of Fixtures and Improvements. All Leasehold Improvements in or upon the Leased Premises shall immediately become the property of the Landlord upon affixation be and become the Landlord’s property or installation without compensation therefor to the Tenant. Except to the extent otherwise expressly agreed by Tenant but the Landlord in writing is under no obligation to repair, maintain or insure Lease hold Improvements. Leasehold Improvements, trade fixtures, furniture or equipment Improvements shall not be removed by the Tenant from the Leased Premises either during or at the expiration or earlier termination of the Term Term, except that (1) the Tenant shall at the end of the Term remove its trade fixtures, (2) the Tenant shall at the end of the Term remove such Non-Standard Leasehold Improvements (as defined below) as the Landlord shall require to be removed, and (3) the Tenant shall remove its furniture and equipment at the end of the Term (provided that in the event the Tenant does not so remove its furniture and equipment at the end of the Term the Landlord shall have the right, at its sole discretion and without any liability whatsoever to the Tenant, to remove and dispose of any property left in the Leased Premises by the Tenant, at the Tenant’s cost and expense) and may remove its furniture and equipment during the Term in the usual and normal course of its business where such furniture or equipment has become excess for the Tenant’s purposes or the Tenant is substituting therefor new furniture and equipment. The Tenant shall, in the case of every removal either during or at the end of the Term, make good remove such Leasehold Improvements installed or constructed by or on behalf of the Tenant's as the Landlord may require to be removed. The Tenant may, during the Term, remove its trade fixtures provided that the Tenant is not in default under this Lease and such trade fixtures are immediately replaced by trade fixtures of equal or better value. The Tenant shall at the expiration or earlier termination of the Term remove its trade fixtures as the Landlord may require. Any removal of Tenant's trade fixtures or Leasehold Improvements shall be done at the Tenant's sole cost and expense and the Tenant shall forthwith repair at its own cost any damage caused to the Leased Premises or any part thereof by the installation and removalor removal of trade fixtures or Leasehold Improvements. Provided that upon the termination of this Lease, the Tenant, if requested by the Landlord and at the Tenant’s sole cost and expense, shall restore the interior of the Leased Premises to its former condition immediately prior to the installation of such alterations or changes, including the restoration of such standard fixtures as may have been installed by the Landlord, and if not so requested, any such changes or alterations shall become the property of the Landlord, or alternatively, If the Tenant shall install such comparable does not remove its trade fixtures and materials as may then be in use. For clarity, at the expiration or earlier termination of the Term, then the trade fixtures shall, at the option of the Landlord, become the property of the Landlord and may be removed from the Leased Premises and/or sold or otherwise disposed of by the Landlord in such manner as it deems advisable. For greater certainty, the Tenant's trade fixtures shall not include any heating, ventilating or air-conditioning equipment or other building services or floor covering affixed to the floor of the Leased Premises. The obligations of the Tenant set forth in this Section shall survive the expiry or other termination of the Term. Notwithstanding the foregoing, the Tenant shall not be required to restore remove the Leased Premises to base building condition Leasehold Improvements in existence on the commencement date, or be required to or be entitled to remove any other Leasehold Improvements installed prior by the Tenant which the Landlord has agreed in writing, are not required to the Commencement Date, save and except as provided in Section 8.4 belowbe removed.

Appears in 1 contract

Samples: Lease Agreement (Tarpon Industries, Inc.)

Removal of Fixtures and Improvements. All Leasehold Improvements in or upon the Leased Premises shall immediately upon affixation the expiry of the Term or earlier termination of this Lease, be and become the Landlord’s 's property without compensation therefor to the Tenant. Except to the extent otherwise expressly agreed by the Landlord in writing no Leasehold Improvements, trade fixtures, furniture or equipment shall be removed by the Tenant from the Leased Premises either during or at the expiration or earlier termination of the Term except that (1) the Tenant shall at the end of the Term remove its trade fixtures, and (2) the Tenant shall at the end of the Term remove such Non-Standard Leasehold Improvements (as defined below) as the Landlord shall require to be removed, and (3) the Tenant shall remove its furniture and equipment at the end of the Term (provided that in the event the Tenant does not so remove its furniture and equipment at the end of the Term the Landlord shall have the right, at its sole discretion and without any liability whatsoever to the Tenant, to remove and dispose of any property left in the Leased Premises by the Tenant, at the Tenant’s cost and expense) and may remove its furniture and equipment during the Term in the usual and normal course of its business where such furniture or equipment has become excess for the Tenant’s 's purposes or the Tenant is substituting therefor new furniture and equipment. The Tenant shall, in the case of every removal either during or at the end of the Term, make good any damage caused to the Leased Premises by the installation and removal. Provided that upon the termination of this Lease, the Tenant, if requested by the Landlord and at the Tenant’s sole cost and expenseLandlord, shall restore the interior of the Leased Premises to its former condition immediately prior to the installation of such alterations or changes, including the restoration of such standard fixtures as may have been installed by the Landlord, and if not so requested, any such changes or alterations shall become the property of the Landlord, or alternatively, the Tenant shall install such comparable fixtures and materials as may then be in use. For clarity, at the expiration or earlier termination Notwithstanding any of the Termforegoing provisions or any other provisions in this Lease, it is understood and agreed that the Tenant shall not be required to restore the Leased Premises to base building condition or be required to or be entitled to remove any those Leasehold Improvements installed approved by the Landlord prior to the Commencement Date, save and except as provided in Section 8.4 belowtheir construction.

Appears in 1 contract

Samples: Lease (Certicom Corp)

Removal of Fixtures and Improvements. All Leasehold Improvements in or upon the Leased Premises shall immediately upon affixation be and become the Landlord’s property without compensation therefor to the Tenant. Except to the extent otherwise expressly agreed by the Landlord in writing writing, no Leasehold Improvements, trade fixtures, furniture or equipment shall be removed by the Tenant from the Leased Premises either during or at the expiration or earlier sooner termination of the Term except that (1) the Tenant shall may at the end of the Term remove its trade fixtures, (2) the Tenant shall at the end of the Term remove such Non-Standard of its [Leasehold Improvements (as defined below) and] [Language in brackets struck out in original] trade fixtures as the Landlord shall require to be removed, and (3) the Tenant shall may remove its furniture and equipment at the end of the Term (provided that in the event the Tenant does not so remove its furniture Term, and equipment at the end of the Term the Landlord shall have the right, at its sole discretion and without any liability whatsoever to the Tenant, to remove and dispose of any property left in the Leased Premises by the Tenant, at the Tenant’s cost and expense) and may remove its furniture and equipment also during the Term in the usual and normal course of its business where such furniture or equipment has become excess for the Tenant’s 's purposes or the Tenant is substituting therefor new furniture and equipment. The Tenant shall, in the case of every removal either during or at the end of the Term, make good any damage caused to the Leased Premises or the Building by the installation and removal. Provided that upon the termination of this Lease, the Tenant, if requested by the Landlord and at the Tenant’s sole cost and expense, shall restore the interior of the Leased Premises to its former condition immediately prior to the installation of such alterations or changes, including the restoration of such standard fixtures as may have been installed by the Landlord, and if not so requested, any such changes or alterations shall become the property of the Landlord, or alternatively, the Tenant shall install such comparable fixtures and materials as may then be in use. For clarity, at the expiration or earlier termination of the Termfurther clarification, the Tenant shall not be required to restore remove, at the Leased Premises to base building condition or end of the Term, any Leasehold Improvements, the installation of which had obtained the approval of the Landlord. However, should the Lease be required to or terminated for breach of lease by the Tenant, the Landlord shall be entitled to require the Tenant to remove any of its Leasehold Improvements installed prior to the Commencement Date, save and except as provided in Section 8.4 belowImprovements.

Appears in 1 contract

Samples: Lease Agreement (Infowave Software Inc)

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Removal of Fixtures and Improvements. All Leasehold Improvements in or upon the Leased Premises shall immediately upon affixation termination of this lease be and become the Landlord’s 's property without compensation therefor to the Tenant. Except to the extent otherwise expressly agreed by the Landlord in writing no Leasehold Improvements, trade fixtures, furniture or equipment shall be removed by the Tenant from the Leased Premises either during or at the expiration or earlier termination of the Term except that (1) the Tenant shall at the end of the Term remove its trade fixtures, (2) the Tenant shall at the end of the Term remove such Non-Standard Leasehold Improvements (as defined below) as the Landlord shall require to be removedremoved which items shall be identified at the time the work is approved, and (3) the Tenant tenant shall remove its furniture and equipment at the end of the Term (provided that in the event the Tenant does not so remove its furniture and equipment at the end of the Term the Landlord shall have the right, at its sole discretion and without any liability whatsoever to the Tenant, to remove and dispose of any property left in the Leased Premises by the Tenant, at the Tenant’s cost and expense) and may remove its furniture and equipment during the Term in the usual and normal course of its business where such furniture or equipment has become excess for the Tenant’s 's purposes or the or the Tenant is substituting therefor new furniture and equipment. The Tenant shall, in the case of every removal either during or at the end of the Term, make good any damage caused to the Leased Premises by the installation and removal. Provided that upon the termination of this Lease, the Tenant, if requested by the Landlord and at the Tenant’s sole cost and expenseLandlord, shall restore the interior of the Leased Premises to its former condition immediately prior to the installation of such alterations or changes, including the restoration of or such standard fixtures as may have been installed by the Landlord, and if not so requested, any such changes or alterations shall become the property of the Landlord, or alternatively, the Tenant shall install such comparable fixtures and materials as may then be in use. For clarity, at the expiration or earlier termination of the Term, the Tenant shall not be required to restore the Leased Premises to base building condition or be required to or be entitled to remove any Leasehold Improvements installed prior to the Commencement Date, save and except as provided in Section 8.4 below.

Appears in 1 contract

Samples: Lease (Changepoint Corp)

Removal of Fixtures and Improvements. All Leasehold Improvements in or upon the Leased Premises shall immediately become the property of the Landlord upon affixation be and become the Landlord’s property or installation without compensation therefor to the Tenant. Except to the extent otherwise expressly agreed by Tenant but the Landlord in writing is under no obligation to repair, maintain or insure Leasehold Improvements, trade fixtures, furniture or equipment . Leasehold Improvements shall not be removed by the Tenant from the Leased Premises either during or at the expiration or earlier termination of the Term Term, except that (1) the Tenant shall at the end of the Term remove its trade fixturesshall, (2) the Tenant shall at the end of the Term remove such Non-Standard Leasehold Improvements (as defined below) installed or constructed by or on behalf of the Tenant as the Landlord shall may require to be removed, and (3) provided that the Tenant shall not be required to remove any Change made to the Leased Premises after the Commencement Date which the Landlord has approved prior to their installation as not requiring removal. The Tenant may, during the Term, remove its furniture trade fixtures provided that the Tenant is not in default under this Lease and equipment such trade fixtures are immediately replaced by trade fixtures of equal or better value. The Tenant shall at the end expiration or earlier termination of the Term (provided that in the event the Tenant does not so remove its furniture and equipment at the end of the Term trade fixtures as the Landlord shall have the right, at its sole discretion and without any liability whatsoever to may require. Any removal of Leasehold Improvements and/or the Tenant, to remove and dispose of any property left in the Leased Premises by the Tenant, 's trade fixtures shall be done at the Tenant’s 's sole cost and expense) expense and may remove its furniture and equipment during the Term in the usual and normal course of its business where such furniture or equipment has become excess for the Tenant’s purposes or the Tenant is substituting therefor new furniture and equipment. The Tenant shall, in the case of every removal either during or shall forthwith repair at the end of the Term, make good its own cost any damage caused to the Leased Premises or the Building or any part thereof by the installation and removalor removal of Leasehold Improvements and/or trade fixtures. Provided that upon the termination of this Lease, the Tenant, if requested by the Landlord and at the Tenant’s sole cost and expense, shall restore the interior of the Leased Premises to its former condition immediately prior to the installation of such alterations or changes, including the restoration of such standard fixtures as may have been installed by the Landlord, and if not so requested, any such changes or alterations shall become the property of the Landlord, or alternatively, If the Tenant shall install such comparable does not remove its trade fixtures and materials as may then be in use. For clarity, at the expiration or earlier termination of the Term, then the Tenant shall not trade fixtures shall, at the option of the Landlord, become the property of the Landlord and may be required to restore removed from the Leased Premises to base and/or sold or otherwise disposed of by the Landlord in such manner as it deems advisable. For greater certainty, the Tenant's trade fixtures shall not include any heating, ventilating or air-conditioning equipment or other building condition services or be required to or be entitled to remove any Leasehold Improvements installed prior floor covering affixed to the Commencement Date, save and except as provided floor of the Leased Premises. The obligations of the Tenant set forth in this Section 8.4 belowshall survive the expiry or other termination of the Term.

Appears in 1 contract

Samples: Lease Agreement (Childrens Place Retail Stores Inc)

Removal of Fixtures and Improvements. All Leasehold Improvements in or upon the Leased Premises shall immediately upon affixation termination of this lease be and become the Landlord’s 's property without compensation therefor to the Tenant. Except to the extent otherwise expressly agreed by the Landlord in writing no Leasehold Improvements, trade fixtures, furniture or equipment shall be removed by the Tenant from the Leased Premises either during or at the expiration or earlier termination of the Term except that (1) the Tenant shall at the end of the Term remove its trade fixtures, (2) the Tenant shall at the end of the Term remove such Non-Standard Leasehold Improvements (as defined below) as the Landlord shall require to be removed, and (3) the Tenant shall remove its furniture and equipment at the end of the Term (provided that in the event the Tenant does not so remove its furniture and equipment at the end of the Term the Landlord shall have the right, at its sole discretion and without any liability whatsoever to the Tenant, to remove and dispose of any property left in the Leased Premises by the Tenant, at the Tenant’s cost and expense) and may remove its furniture and equipment during the Term in the usual and normal course of its business where such furniture or equipment has become excess for the Tenant’s 's purposes or the Tenant is substituting therefor new furniture and equipment. The Tenant shall, in the case of every removal either during or at the end of the Term, make good any damage caused to the Leased Premises by the installation and removal. Provided that upon the termination of this Lease, the Tenant, if requested by the Landlord and at the Tenant’s sole cost and expenseLandlord, shall restore the interior of the Leased Premises to its former condition immediately prior to the installation of such alterations or changes, including the restoration of such standard fixtures as may have been installed by the Landlord, and if not so requested, any such changes or alterations shall become the property of the Landlord, or alternatively, the Tenant shall install such comparable fixtures and materials as may then be in use. For clarity, at the expiration or earlier termination of the Term, the Tenant shall not be required to restore the Leased Premises to base building condition or be required to or be entitled to remove any Leasehold Improvements installed prior to the Commencement Date, save and except as provided in Section 8.4 below.

Appears in 1 contract

Samples: Lease (Changepoint Corp)

Removal of Fixtures and Improvements. All Leasehold Improvements in or ------------------------------------ upon the Leased Premises premises shall immediately upon affixation at the expiry of the initial term of this Lease be and become the Landlord’s 's property without compensation therefor to the Tenant. Except to the extent otherwise expressly agreed by the Landlord in writing writing, no Leasehold Improvements, trade fixtures, furniture or equipment shall be removed by the Tenant from the Leased Premises either during or at the expiration or earlier sooner termination of the Term except that (1) the Tenant shall at the end of the Term remove its trade fixtures, (2) the Tenant shall at the end of the Term not be obligated to remove such Non-Standard its Leasehold Improvements (as defined below) as except that the Tenant shall at its expense remove special improvements, equipment or rooms installed by it not generally found in conventional business offices, and the Landlord shall require and the Tenant will identify such special improvements, equipment or rooms which are to be removedform part of Tenant's initial Leashold Improvements on the final Tenant's plans, and (3) the Tenant shall remove its furniture and equipment at the end of the Term (provided that in the event the Tenant does not so remove its furniture Term, and equipment at the end of the Term the Landlord shall have the right, at its sole discretion and without any liability whatsoever to the Tenant, to remove and dispose of any property left in the Leased Premises by the Tenant, at the Tenant’s cost and expense) and may remove its furniture and equipment also during the Term in the usual and normal course of its business where such furniture or equipment has become excess for the Tenant’s 's purposes or the Tenant is substituting therefor new furniture and equipment. The Tenant shall, in the case of every removal either during or at the end of the Term, immediately make good any damage caused to the Leased Premises by the installation and removal. Provided that upon the termination of this Lease, the Tenant, if requested by the Landlord and at the Tenant’s sole cost and expense, shall restore the interior of the Leased Premises to its former condition immediately prior to the installation of such alterations or changes, including the restoration of such standard fixtures as may have been installed by the Landlord, and if not so requested, any such changes or alterations shall become the property of the Landlord, or alternatively, the Tenant shall install such comparable fixtures and materials as may then be in use. For clarity, at the expiration or earlier termination of the Term, the Tenant shall not be required to restore the Leased Premises to base building condition or be required to or be entitled to remove any Leasehold Improvements installed prior to the Commencement Date, save and except as provided in Section 8.4 below.

Appears in 1 contract

Samples: Net Lease (Seagate Software Inc)

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