Common use of Removal of Tenant Improvements Clause in Contracts

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.

Appears in 1 contract

Samples: Lease Agreement (Fortune Entertainment Corp /De/)

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Removal of Tenant Improvements. (a) All Tenant Tehant Improvements (other than trade fixtures) shall immediately upon their placement, before or during the Term, become the Landlords Landlord's 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 expIration or sooner termination of the Term except that:; (i) the Tenant may, during the Term, in the usual course of its business, remove remo~'e 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.,

Appears in 1 contract

Samples: Lease Agreement (Cathayonline Inc)

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 Landlord's 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.

Appears in 1 contract

Samples: Lease Agreement (Bingo Com Inc)

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Removal of Tenant Improvements. (a) All Tenant Improvements (other than trade fixtures) shall immediately upon their placementreplacement, before or during the Term, become the Landlords Landlord's 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 sole or disposed of by the Landlord in such manner as it deems advisable.

Appears in 1 contract

Samples: Lease Agreement (Fortune Entertainment Corp /De/)

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