Common use of Removal of Leasehold Improvements Clause in Contracts

Removal of Leasehold Improvements. (a) Prior to expiry or forthwith on the earlier termination of this Lease, Tenant shall remove such of the Leasehold Improvements which were installed: (i) without Landlord’s consent; or (ii) with Landlord’s consent, unless at the time Landlord granted such consent, Landlord advised Tenant in writing that Tenant would not be required to remove same at the expiry or earlier termination of the Term and, at such expiry or earlier termination, Tenant produces such written evidentiary documentation to Landlord, (b) Notwithstanding anything contained in the foregoing Tenant’s Restoration obligation shall not extend to: (i) any Leasehold Improvements which existed on the Premises prior to the Commencement Date save and except for those Non-Standard Leasehold Improvements as Landlord shall require to be removed; (ii) the restoration of any offices removed from Unit 5; the reinstallation of any existing T-Bar ceiling which is removed from or altered within Unit 5; the re-distribution of any of the HVAC equipment serving the Premises (nor shall Tenant be required to reinstall any cabling, wiring, conduit, connections and other attachments associated therewith); the reinstallation or rearrangement of any of the other existing Leasehold Improvements in Unit 5 which Tenant removes, relocates or otherwise alters, all of which work, as of April 2, 2009, is intended to form part of the Tenant’s Work, provided any such work is completed prior to the Commencement Date. (c) All Restoration completed by Tenant shall be completed in accordance with the Tenant Design Criteria Manual, if any, for the Project. (d) At Landlord’s option, Landlord shall have the right, at Tenant’s cost to be paid forthwith upon demand, to perform such Restoration. (e) Tenant shall co-operate with Landlord in its completion of a move-out inspection prior to the expiry or earlier termination of this Lease.

Removal of Leasehold Improvements. (a) Prior to expiry or forthwith on Notwithstanding that the earlier termination leasehold improvements become the property of this LeaseLandlord upon installation, Tenant shall remove such of the Leasehold Improvements which were installed: (i) without Landlord’s consent; or (ii) with Landlord’s consent, unless at the time Landlord granted such consent, Landlord advised Tenant in writing that Tenant would not be required to remove same at the expiry or earlier termination of the Term andTenant shall remove any or all of such leasehold improvements made or installed in or about the Premises by Tenant, at or by Landlord as Tenant’s contractor, as required by Landlord and in so doing shall repair all damage resulting from, and shall restore the Premises to their condition prior to, the installation and removal of such expiry or earlier termination, Tenant produces such written evidentiary documentation to Landlord,leasehold improvements. (b) Notwithstanding anything contained in the foregoing to the contrary, provided Tenant in actual physical occupancy of and actively and diligently conducting business in the whole of the Premises is Occulogix, Inc., upon the expiry or earlier termination or sooner surrender of this Lease, Tenant’s Restoration obligation for removal of leasehold improvements shall not extend only to: : (i) any Leasehold Improvements which existed those leasehold improvements installed by or on the Premises behalf of Tenant without Xxxxxxxx’s prior to the Commencement Date save written consent; and except for (ii) those Non-Standard Leasehold Improvements as Landlord shall require to be removed; (ii) , and Tenant shall restore the restoration Premises and the Project to the condition in which they existed prior to the installation and removal of such improvements. The term “Non-Standard Leasehold Improvements” shall mean: computer rooms and/or any offices removed from Unit 5other raised-floor environments; non-standard heating, ventilating and air conditioning systems installed for the reinstallation of any existing T-Bar ceiling which is removed from or altered within Unit 5; the re-distribution of any specific use of the HVAC Premises; internal stairwells; custom lighting and electrical installations; dry-wall ceilings; telecommunication equipment serving the Premises (nor shall Tenant be required to reinstall any including all cabling, wiring, conduit, connections and other attachments associated therewith); the reinstallation conduits which have been installed by or rearrangement of any of the other existing Leasehold Improvements in Unit 5 which Tenant removes, relocates or otherwise alters, all of which work, as of April 2, 2009, is intended to form part on behalf of the Tenant’s Work); oversized boardrooms; training rooms; safes; vaults and, provided whether located within the Premises or elsewhere in the Project, any back-up and/or emergency power supplies, antennae, satellite dishes or other communication facilities including, without limitation, creating within the Premises a large number of small offices and corridors which change direction or discontinue. Landlord may do or arrange to have done the work necessary to remove such work is completed prior improvements from the Premises if Tenant fails to the Commencement Date. (c) All Restoration completed by do so, and Tenant shall be completed in accordance with the Tenant Design Criteria Manual, if any, pay for the Project. (d) At Landlord’s optioncosts of so doing, Landlord shall have plus an administration fee representing Landlord’s costs to supervise and inspect such work, in the rightamount of fifteen (15%) percent of such costs, at Tenant’s cost to be paid forthwith upon demand, to perform such Restorationdemand therefor. (e) Tenant shall co-operate with Landlord in its completion of a move-out inspection prior to the expiry or earlier termination of this Lease.

Removal of Leasehold Improvements. (a) Prior At Landlord's option, all leasehold improvements and other non-trade fixtures, equipment, systems and decorations for the Premises or Building in or serving the Premises, whether installed by Tenant or Landlord, shall be Landlord's property and shall remain, all without compensation, allowance or credit to expiry Tenant. The term "leasehold improvements and non-trade fixtures" shall include, without limitation, light fixtures, electrical wiring and panels, HVAC equipment, plumbing fixtures, hot water heaters, fire suppression and sprinkler systems, wall coverings, drapes, blinds or forthwith on the earlier other window treatments, carpeting, refrigeration systems, vaults, special storefronts, overhead truck doors, cabinets, shelves, bins, millwork, paneling and other finish work, interior drainage systems, dock boards, dock levelers and dock bumpers, security gates and fences. However, if prior to termination of this LeaseLease or within thirty (30) days thereafter Landlord so directs by notice, Tenant shall promptly remove such of the Leasehold Improvements which were installed: (i) without Landlord’s consent; or (ii) with Landlord’s consentforegoing items as are designated in such notice, unless at repair any damage to the time Landlord granted Premises caused by such consentremoval in a good and workmanlike manner, Landlord advised Tenant in writing that Tenant would not be required to remove same at the expiry or earlier termination and restore such area of the Term and, at such expiry or earlier termination, Tenant produces such written evidentiary documentation Premises to Landlord, (b) Notwithstanding anything contained in the foregoing Tenant’s Restoration obligation shall not extend to: (i) any Leasehold Improvements which existed on the Premises condition prior to the Commencement Date save and except for those Non-Standard Leasehold Improvements as Landlord shall require to be removed; (ii) the restoration installation of any offices removed from Unit 5; the reinstallation of any existing T-Bar ceiling which is removed from or altered within Unit 5; the re-distribution of any of the HVAC equipment serving the Premises (nor such items. However, under no circumstances shall Tenant be required obligated to reinstall any cablingremove the initial leasehold improvements and non-trade fixtures from the Premises following termination or expiration of this Lease. Furthermore, wiring, conduit, connections Tenant shall have no obligation to remove other leasehold improvements and other attachments associated therewith); non-trade fixtures to the reinstallation Premises unless such leasehold improvements and non-trade fixtures make Landlord's subsequent reuse or rearrangement of any renovation of the other existing Leasehold Improvements Premises materially more difficult, and Landlord, in Unit 5 which Tenant removesthe same instrument containing Landlord's approval of Tenant's proposed leasehold improvements and non-trade fixtures, relocates or otherwise altersspecifically requires that such leasehold improvements and non-trade fixtures be removed at the expiration of this Lease; provided that for any installations made without Landlord's written approval, all of which work, as of April 2, 2009, is intended it shall not be necessary for Landlord to form part of have previously required that such leasehold improvements and non-trade fixtures be removed at the Tenant’s Work, provided any such work is completed prior to the Commencement Date. (c) All Restoration completed by Tenant shall be completed in accordance with the Tenant Design Criteria Manual, if any, for the Project. (d) At Landlord’s option, Landlord shall have the right, at Tenant’s cost to be paid forthwith upon demand, to perform such Restoration. (e) Tenant shall co-operate with Landlord in its completion of a move-out inspection prior to the expiry or earlier termination expiration of this Lease.

Removal of Leasehold Improvements. All leasehold improvements (aincluding carpeting and light fixtures) Prior shall immediately upon their placement become the Landlord's property without compensation to expiry the Tenant. Except as otherwise agreed by the Landlord in writing, no leasehold improvements or forthwith on trade fixtures shall be removed from the earlier termination of this Lease, Leased Premises by the Tenant shall remove such of the Leasehold Improvements which were installed: (i) without Landlord’s consent; or (ii) with Landlord’s consent, unless at the time Landlord granted such consent, Landlord advised Tenant in writing that Tenant would not be required to remove same either during or at the expiry or earlier termination of the Term andTerm, except where required by the Landlord pursuant to this Lease or with the consent of the Landlord which consent may be unreasonably withheld. The Landlord may require the Tenant, at its sole expense, to remove such expiry or earlier termination, Tenant produces such written evidentiary documentation to Landlord, (b) Notwithstanding anything contained in leasehold improvements as the foregoing Tenant’s Restoration obligation shall not extend to: (i) any Leasehold Improvements which existed on the Premises prior to the Commencement Date save and except for those Non-Standard Leasehold Improvements as Landlord shall require to be removed; (ii) . The Tenant shall at its own expense repair any damage caused to the restoration of any offices removed from Unit 5; Building or the reinstallation of any existing T-Bar ceiling which is removed from or altered within Unit 5; Leased Premises by the re-distribution of any removal of the HVAC equipment serving the Premises (nor shall Tenant be required to reinstall any cabling, wiring, conduit, connections leasehold improvements and other attachments associated therewith); the reinstallation or rearrangement of any of the other existing Leasehold Improvements in Unit 5 which Tenant removes, relocates or otherwise alters, all of which work, as of April 2, 2009, is intended to form part of the Tenant’s Work, provided any such work is completed prior to the Commencement Date. (c) All Restoration completed by Tenant shall be completed in accordance with trade fixtures. If the Tenant Design Criteria Manualdoes not remove its trade fixtures, if anyfurniture, for the Project. (d) At Landlord’s option, Landlord shall have the right, at Tenant’s cost to be paid forthwith upon demand, to perform such Restoration. (e) Tenant shall co-operate with Landlord in its completion of a move-out inspection equipment and inventory prior to the expiry or earlier termination of this Leasethe Term, such trade fixtures, furniture, equipment and inventory shall, at the option of the Landlord, be deemed abandoned and become the property of the Landlord and may be removed and sold or disposed of by the Landlord in such manner as it deems advisable and the Tenant shall pay to the Landlord on demand all costs incurred by the Landlord, plus an administration fee of fifteen percent (15%) of the costs.