Removal of Tenant Improvements. At such time as Landlord approves the Tenant Improvements pursuant to the terms of this Tenant Work Letter, Landlord shall provide written notice to Tenant designating those portions of the Tenant Improvements that are not general office improvements and which will be required to be removed, in accordance with the terms of the Lease, prior to the expiration or earlier termination of the Lease, as hereby amended. If and to the extent Landlord fails to specify that any Tenant Improvements are to be removed upon the expiration or earlier termination of this Lease, as hereby amended, Tenant shall have no obligation to remove such Tenant Improvements. Landlord shall deliver the Premises to Tenant with the following Landlord Work (which Landlord Work is set forth more particularly on the diagram set forth hereto as Schedule 2) substantially completed:
1. Construct new demising walls (which walls shall include, without limitation, related Building-standard doors and hardware) for the exterior of the Expansion Premises.
2. Demolish and remove the currently existing floor tile in that portion of the contemplated Expansion Premises which is currently located in a portion of the existing lobby of the Building.
3. Demolish and remove the currently existing drop ceiling in that portion of the contemplated Expansion Premises which is currently located in a portion of the existing lobby of the Building. All such Landlord Work shall be completed to the condition reasonably determined by Landlord. Tenant shall make no changes or modifications to the Landlord Work without the prior written consent of Landlord, which consent may be withheld in Landlord’s sole discretion.
Removal of Tenant Improvements. (a) All Tenant Improvements (other than trade fixtures) shall immediately upon their placement, before or during the Term, become the Landlords property without compensation to the Tenant. Except as otherwise agreed by the Landlord in writing, no improvements shall be removed from the Premises by the Tenant either during or at the expiration or sooner termination of the Term except that:
(i) the Tenant may, during the Term, in the usual course of its business, remove its trade fixtures, provided that the Tenant is not in default under this Lease; and
(ii) the Tenant shall, at the expiration or earlier termination of the Term, at its sole cost, remove its trade fixtures from the Premises, failing which, at the option of the Landlord, the trade fixtures shall become the property of the Landlord and may be removed from the Premises and sold or disposed of by the Landlord in such manner as it deems advisable.
Removal of Tenant Improvements. Tenant shall not be required to remove any of the Tenant Improvements existing in the Current Premises as of the date of this Fifth Amendment or any Tenant Improvements constructed in the Premises pursuant to Section 6 of this Fifth Amendment at the expiration or earlier termination of the Term nor shall Tenant have the right to remove any such Tenant Improvements at any time.
Removal of Tenant Improvements. Landlord hereby acknowledges that that Tenant Improvements constructed pursuant to the terms of this Tenant Work Letter shall not be subject to removal upon the expiration or earlier termination of this Lease. EXHIBIT B -6- [Edgewater Business Park] [Pliant Therapeutics] SCHEDULE 0 -0- [Xxxxxxxxx Xxxxxxxx Xxxx] [Pliant Therapeutics] SCHEDULE 0 -0- [Xxxxxxxxx Xxxxxxxx Xxxx] [Pliant Therapeutics] 000 Xxxxxxxxxxx Xxxxxx South San Francisco December 1, 2017 – Kick-Off Meeting Based on floor and demo plans by DGA dated 11/03/2017.
A. Level 1
1. Office Areas
a. Convert existing Biology Lab into Open Office 117.
i. Open Office will have 6 workstations, 8 open desking stations, and a small team collaboration area (furniture by Tenant).
ii. New paint, carpet and base.
iii. New light fixtures and 15/16” grid with 769 Cortega Acoustical Ceiling Tiles to match existing.
iv. Power and data to workstations, desking stations, and collaboration area.
b. Convert existing Open Office into a Conference Room 118 and Corridor.
i. New paint, carpet and base.
ii. Existing ceiling tile, patch as required.
iii. New door with sidelite into from the Open Office into the new Corridor.
iv. Add a hold open onto an existing door from main corridor into new corridor.
c. Convert Office and Open Office into an All-Hands Room 107 i. New paint, carpet and base.
Removal of Tenant Improvements. The last sentence of Article of the Lease is hereby amended to read as follows: “Notwithstanding the foregoing, it is understood and agreed by the parties hereto that all improvements and other alterations to the demised premises made by or on behalf of Tenant prior to the Effective Date shall be deemed to be standard alterations which Landlord may not require Tenant to remove, except that Landlord may require Tenant to remove the staircase between the 23rd and 24th Floors, and repair the respective floor and ceiling slabs.”
Removal of Tenant Improvements. At such time as Landlord approves the Tenant Improvements pursuant to the terms of this Tenant Work Letter, Landlord shall provide written notice to Tenant designating those portions of the Tenant Improvements which will be required to be removed, in accordance with the terms of the Lease, prior to the expiration or earlier termination of the Lease. If and to the extent Landlord fails to specify that any Tenant Improvements are to be removed upon the expiration or earlier termination of this Lease, Tenant shall have no obligation to remove such Tenant Improvements.
Removal of Tenant Improvements. The last sentence of Article Twelfth, Section (C) of the Lease is hereby amended to read as follows: “Notwithstanding the foregoing, it is understood and agreed by the parties hereto that all improvements and other alterations to the demised premises made by or on behalf of Tenant prior to the Effective Date shall be deemed to be standard alterations which Landlord may not require Tenant to remove.”
Removal of Tenant Improvements. Portions of the Tenant Work, as reasonably determined by Landlord to be specialized Tenant Work (e.g., floor and ceiling mounted auxiliary air conditioning units, non-building standard fire suppression/control systems, and cabling) shall, at the election of Landlord, either be removed by Tenant at its expense before the expiration of the Term or shall remain upon the Premises and be surrendered therewith at the Expiration Date or earlier termination of this Lease as the property of Landlord without disturbance, molestation or injury. If Landlord requires the removal of all or part of said Tenant Work, Tenant, at its expense, shall repair any damage to the Premises or the Building caused by such removal and restore the Premises to its condition prior to the installation of such Tenant Work. If Tenant fails to remove said Tenant Work upon Landlord’s request, then Landlord may (but shall not be obligated to) remove the same and the cost of such removal, repair and restoration, together with any and all damages which Landlord may suffer and sustain by reason of the failure of Tenant to remove the same, shall be charged to Tenant and paid upon demand.
Removal of Tenant Improvements. Tenant shall not be required to remove any Tenant Improvements from the Expansion Space at the expiration or sooner termination of this Lease, except for any Tenant Improvements which, at the time of approving the Final Plans, Landlord indicates in writing must be so removed. Landlord shall not require Tenant to remove any Generic Improvements or any improvements shown on the Schematic Drawings. Any Tenant Improvements that Landlord requires to be removed shall be referred to herein as the "Non-Permanent Tenant Improvements." Notwithstanding the foregoing, in the event Tenant constructs or installs any Tenant Improvements that are not shown on the Final Plans, then such Tenant Improvements shall be deemed to be Non-Permanent Tenant Improvements for all purposes of the Lease. Landlord's Review Rights and Responsibilities. Landlord shall not be deemed to have acted unreasonably if it withholds its approval of the Final Plans or of any Change Request because, in Landlord's reasonable opinion, the work as described in any Final Plans or any such Change Request: (A) is likely to adversely affect Systems, the structure of the Buildings or the safety of the Buildings and/or their occupants; (B) might impair Landlord's ability to furnish services to Tenant or the Project; (C) would increase the cost of operating the Buildings or the Project; (D) would violate any Laws; (E) contains or uses Hazardous Materials; (F) would adversely affect the appearance of the Expansion Space or the Project or the marketability of the Project to subsequent tenants; (G) is prohibited by any Private Restrictions; (H) is likely to be substantially delayed because of unavailability or shortage of labor or materials necessary to perform such work or the difficulties or unusual nature of such work; or (I) is not, at a minimum, in accordance with the level of quality represented by the Xxxxxxxx and Java Improvements. The foregoing reasons, however, shall not be the only reasons for which Landlord may withhold its approval, whether or not such other reasons are similar or dissimilar to the foregoing. Tenant acknowledges and agrees that Landlord's review and approval, if granted, of the Final Plans is solely for the benefit of Landlord and to protect the interests of Landlord in the Project and the Premises. Without limiting the generality of the foregoing, Tenant expressly acknowledges and agrees that: Neither the approval by Landlord of the Final Plans or any other plans, specifications, d...
Removal of Tenant Improvements. Pursuant to the Fourth Amendment, Landlord consented to certain tenant improvements to the Premises, which improvements are described in the Manufacturing Facility Remodel, dated October 29, 2004, as modified by those plans dated November 16, 2004 (as so modified, the “Plans”). The Plans are attached as Exhibit A hereto. In accordance with Section III(D) of the Fourth Amendment, Tenant is obligated to remove, to the extent requested by Landlord in accordance with Section III(D) of the Fourth Amendment, the tenant improvements described in the Plans and restore the Premises as required by Section III(D) of the Fourth Amendment. Assignee hereby expressly acknowledges and assumes the obligations of Tenant set forth in Section III(D) of the Fourth Amendment with respect to the removal of the tenant improvements described in the Plans. Assignee’s obligation to remove Tenant Improvements upon Landlord’s request, as set forth in Section III(D) of the Fourth Amendment, shall also apply to any and all Tenant Improvements which have not been approved by the Landlord.
