Common use of Removal of Leasehold Improvements and Tenant’s Property Clause in Contracts

Removal of Leasehold Improvements and Tenant’s Property. All Leasehold Improvements within the Demised Premises shall, subject to Landlord’s right to require Tenant to remove all or any portion of the Leasehold Improvements and restore the Demised Premises to its condition as of the Rent Start Date, remain at the expiration or earlier termination of the Lease Term without disturbance, molestation or injury. Should Landlord elect that Leasehold Improvements be removed upon the expiration or earlier termination of the Lease Term, and/or should Tenant fail to remove all or any portion of Tenant’s Property in accordance with the provisions of this Lease, Tenant hereby agrees that Landlord shall have the right to cause all or any portion of the Leasehold Improvements and/or Tenant’s Property to be removed at Tenant’s sole cost and expense. Landlord shall not require Tenant to remove any Alterations unless Landlord advised Tenant when Tenant requested Landlord’s consent thereto that such improvements would have to be removed and the same are not customary and typical for ordinary office use. Tenant hereby agrees to reimburse Landlord for the cost of such removal together with the cost of repairing any damage resulting therefrom, and the cost of restoring the Demised Premises to its condition as of the Rent Start Date. Approximately sixty (60) days prior to Tenant’s scheduled vacation of the Demised Premises, Landlord and Tenant shall meet to review what items shall be removed and what items shall remain as determined by the parties in accordance with this Lease. Landlord shall provide its estimate to Tenant of the costs of such removal and the costs of any repairs to or restoration of the Demised Premises as herein provided, and Tenant shall have the right, but not the obligation, to have Landlord perform such work by promptly depositing with Landlord one half (1/2) of the sum equal to such estimated costs. In the event Tenant fails to remove the Leasehold Improvements designated by Landlord for removal prior to the expiration of the Lease Term and/or fails to remove Tenant’s Property as aforesaid and/or fails to make such repairs and/or restoration as aforesaid, Landlord shall cause the removal, repair and/or restoration to be performed at Tenant’s sole expense, which expense shall not be limited by the amount of the deposit referred to herein. Tenant shall provide for the transfer or disposal of all items removed, failing which Landlord is hereby authorized to dispose of same in any manner deemed appropriate, including, but not limited to, disposal into the trash, without liability to Tenant, and at Tenant’s sole cost and expense, and Tenant shall indemnify, defend and hold harmless Landlord, Landlord’s Agent and their respective employees and agents from and against all claims, damages, costs and expenses, including reasonable attorneys’ fees, arising from or in connection with the disposal of all or any items removed by Landlord hereunder. In the event, for whatever reason, the parties do not meet to review which items shall be removed and which items shall remain, and/or Tenant, for whatever reason, fails to deposit with Landlord the deposit hereinabove stated, then Landlord is hereby authorized to proceed following the termination or expiration of this Lease, as it deems appropriate, with such removal and disposition of property, and repair and/or restoration, without liability to Tenant, and at Tenant’s sole cost and expense.

Appears in 1 contract

Samples: Office Building Lease (TRX Inc/Ga)

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Removal of Leasehold Improvements and Tenant’s Property. All Subject to the provisions of Section 6.4(e) below, all Leasehold Improvements within the Demised Premises (including, without limitation, computer and telephone cabling and wiring) shall, subject to Landlord’s 's right to require Tenant to remove all or any portion of the Leasehold Improvements and restore the Demised Premises to its condition as of the Rent Start Datedate this Lease is fully executed and delivered by Landlord, remain at the expiration or earlier termination of the Lease Term without disturbance, molestation or injury. Should Landlord elect that Leasehold Improvements be removed upon the expiration or earlier termination of the Lease Term, and/or should Tenant fail to remove all or any portion of Tenant’s 's Property in accordance with the provisions of this Lease, Tenant hereby agrees that Landlord shall have the right to cause all or any portion of the Leasehold Improvements and/or Tenant’s 's Property to be removed at Tenant’s 's sole cost and expense. Landlord shall not require Tenant to remove any Alterations unless Landlord advised Tenant when Tenant requested Landlord’s consent thereto that such improvements would have to be removed and the same are not customary and typical for ordinary office use. Tenant hereby agrees to reimburse Landlord for the cost of such removal together with the cost of repairing any damage resulting therefrom, and the cost of restoring the Demised Premises to its condition as of the Rent Start Datedate this Lease is fully executed and delivered by Landlord and Tenant. Approximately sixty (60) days prior to Tenant’s 's scheduled vacation of the Demised Premises, Landlord and Tenant shall meet to review what items shall be removed and what items shall remain as determined by the parties in accordance with this LeaseLandlord may determine. Landlord shall provide its estimate to Tenant of the costs of such removal and the costs of any repairs to or restoration of the Demised Premises as herein provided, and Tenant shall have the right, but not the obligation, to have Landlord perform such work by promptly depositing deposit with Landlord one half (1/2) of the a sum equal to such estimated costs. In the event Tenant fails to remove the Leasehold Improvements designated by Landlord for removal prior to the expiration of the Lease Term and/or fails to remove Tenant’s 's Property as aforesaid and/or fails to make such repairs and/or restoration as aforesaid, Landlord shall cause the removal, repair and/or restoration to be performed at Tenant’s 's sole expense, which expense shall not be limited by the amount of the deposit referred to herein. Tenant shall provide for the transfer or disposal of all items removed, failing which Landlord is hereby authorized to dispose of same in any manner deemed appropriate, including, but not limited to, disposal into the trash, without liability to Tenant, and at Tenant’s 's sole cost and expense, and Tenant shall indemnify, defend and hold harmless Landlord, Landlord’s 's Agent and their respective employees and agents from and against all claims, damages, costs and expenses, including reasonable attorneys' fees, arising from or in connection with the disposal of all or any items removed by Landlord hereunder. In the event, for whatever reason, the parties do not meet to review which items shall be removed and which items shall remain, and/or the Tenant, for whatever reason, fails to deposit with the Landlord the deposit hereinabove stated, then the Landlord is hereby authorized to proceed following the termination or expiration of this Leaseproceed, as it deems appropriate, with such removal and disposition of property, property and repair and/or restoration, without liability to Tenant, and at Tenant’s 's sole cost and expense.

Appears in 1 contract

Samples: Work Agreement (Techteam Global Inc)

Removal of Leasehold Improvements and Tenant’s Property. All Leasehold Improvements within the Demised Premises shall, subject to Landlord’s right to require Tenant to remove all or any portion of the Leasehold Improvements and restore the Demised Premises to its condition as of the Rent Start Datedate this Lease is fully executed and delivered by Landlord and Tenant, remain at the expiration or earlier termination of the Lease Term without disturbance, molestation or injury. Should Landlord elect that Leasehold Improvements be removed upon the expiration or earlier termination of the Lease Term, and/or should Tenant fail to remove all or any portion of Tenant’s Property in accordance with the provisions of this Lease, Tenant hereby agrees that Landlord shall have the right to cause all or any portion of the Leasehold Improvements and/or Tenant’s Property to be removed at Tenant’s sole cost and expense. Landlord shall not require Tenant to remove any Alterations unless Landlord advised Tenant when Tenant requested Landlord’s consent thereto that such improvements would have to be removed and the same are not customary and typical for ordinary office use. Tenant hereby agrees to reimburse Landlord for the cost of such removal together with the cost of repairing any damage resulting therefrom, and the cost of restoring the Demised Premises to its condition as of the Rent Start Datedate this Lease is fully executed and delivered by Landlord and Tenant. Approximately sixty (60) days prior to Tenant’s scheduled vacation of the Demised Premises, Landlord and Tenant shall meet to review what items shall be removed and what items shall remain as determined by the parties in accordance with this LeaseLandlord may determine. Landlord shall provide its estimate to Tenant of the costs of such removal and the costs of any repairs to or restoration of the Demised Premises as herein provided, and Tenant shall have the right, but not the obligation, to have Landlord perform such work by promptly depositing deposit with Landlord one half (1/2) of the a sum equal to such estimated costs. In the event Tenant fails to remove the Leasehold Improvements designated by Landlord for removal prior to the expiration of the Lease Term and/or fails to remove Tenant’s Property as aforesaid and/or fails to make such repairs and/or restoration as aforesaid, Landlord shall cause the removal, repair and/or restoration to be performed at Tenant’s sole expense, which expense shall not be limited by the amount of the deposit referred to herein. Tenant shall provide for the transfer or disposal of all items removed, failing which Landlord is hereby authorized to dispose of same in any manner deemed appropriate, including, but not limited to, disposal into the trash, without liability to Tenant, and at Tenant’s sole cost and expense, and Tenant shall indemnify, defend and hold harmless Landlord, Landlord’s Agent and their respective employees and agents from and against all claims, damages, costs and expenses, including reasonable attorneys’ fees, arising from or in connection with the disposal of all or any items removed by Landlord hereunder. In the event, for whatever reason, the parties do not meet to review which items shall be removed and which items shall remain, and/or the Tenant, for whatever reason, fails to deposit with the Landlord the deposit hereinabove stated, then the Landlord is hereby authorized to proceed following the termination or expiration of this Leaseproceed, as it deems appropriate, with such removal and disposition of property, and repair and/or restoration, without liability to Tenant, Tenant and at Tenant’s sole cost and expense. Notwithstanding anything contained herein to the contrary, the parties acknowledge that Tenant is accepting the Demised Premises in “AS IS” condition, that no Leasehold Improvements have been constructed for Tenant’s occupancy by Landlord. Notwithstanding anything in the foregoing to the contrary, Landlord shall not require the removal of Tenant’s initial improvements (other than cabling installed in the Demised Premises by Tenant) nor any subsequent improvements or alterations unless Tenant was notified by Landlord of the need for such removal at the time Landlord provides its consent or approval to Tenant for such improvement or alteration.

Appears in 1 contract

Samples: Office Building Lease (Micromet, Inc.)

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Removal of Leasehold Improvements and Tenant’s Property. All Leasehold Improvements within the Demised Premises shall(including, without limitation, computer and telephone cabling and wiring) shall subject to Landlord’s right to require Tenant to remove all or any portion of the Leasehold Improvements and restore the Demised Premises to its condition as of the Rent Start Datedate this Lease is fully executed and delivered by Landlord, remain at the expiration or earlier termination of the Lease Term without disturbance, molestation or injury. Should Landlord elect that Leasehold Improvements be removed upon the expiration or earlier termination of the Lease Term, and/or should Tenant fail to remove all or any portion of Tenant’s Property in accordance with the provisions of this Lease, . Tenant hereby agrees that Landlord shall have the right to cause all or any portion of the Leasehold Improvements and/or Tenant’s Property to be removed at Tenant’s sole cost and expense. Landlord shall not require Tenant to remove any Alterations unless Landlord advised Tenant when Tenant requested Landlord’s consent thereto that such improvements would have to be removed and the same are not customary and typical for ordinary office use. Tenant hereby agrees to reimburse Landlord for the cost of such removal together with the cost of repairing any damage resulting therefrom, and the cost of restoring the Demised Premises to its condition as of the Rent Start Datedate this Lease is fully executed and delivered by Landlord and Tenant. Approximately sixty (60) days prior to Tenant’s scheduled vacation of the Demised Premises, . Landlord and Tenant shall meet to review what items shall be removed and what items shall remain as determined by the parties in accordance with this LeaseLandlord may determine. Landlord shall provide its estimate to Tenant of the costs of such removal and the costs of any repairs to or restoration of the Demised Premises as herein provided, and Tenant shall have the right, but not the obligation, to have Landlord perform such work by promptly depositing deposit with Landlord one half (1/2) of the a sum equal to such estimated costs. In the event Tenant fails to remove the Leasehold Improvements designated by Landlord for removal prior to the expiration of the Lease Term and/or fails to remove Tenant’s Property as aforesaid and/or fails to make such repairs and/or restoration as aforesaid, . Landlord shall cause the removal, repair and/or restoration to be performed at Tenant’s sole expense, which expense shall not be limited by the amount of the deposit referred to herein. Tenant Tenants shall provide for the transfer or disposal of all items removed, failing which Landlord is hereby authorized to dispose of same in any manner deemed appropriate, including, but not limited to, disposal into the trash, without liability to Tenant, and at Tenant’s sole cost and expense, expense and Tenant shall indemnify, defend and hold harmless Landlord, Landlord’s Agent and their respective employees and agents from and against all claims, damages, costs cost and expenses, including reasonable attorneys’ attorney’s fees, arising from or in connection with the disposal of all or any items removed by Landlord hereunder. In the event, for whatever reason, the parties do not meet to review which items shall be removed and which items shall remain, and/or the Tenant, for whatever reason, fails to deposit with the Landlord the deposit hereinabove stated, stated then the Landlord is hereby authorized to proceed following the termination or expiration of this Leaseproceed, as it deems appropriate, with such removal and disposition of property, property and repair repairs and/or restoration, without liability to Tenant, Tenant and at Tenant’s sole cost and expense.

Appears in 1 contract

Samples: Office Building Lease (Spherix Inc)

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