RENOVATION WORK ON LEASED PREMISES Clause Samples

RENOVATION WORK ON LEASED PREMISES. 11.1. The Lessee may perform work on the Leased Premises as of the Delivery Date and subject to the Lessor’s prior approval of the renovation plans and the list of planners as stated in Appendix E. 11.2. The Lessee shall commence the execution of the Lessee’s work in accordance with and subject to all the provisions below: 11.2.1. The Leased Premises shall be delivered to the Lessee in as-is condition, unless otherwise agreed between the parties in advance and in writing in Appendix A; 11.2.2. The Lessee confirms that even if it does not commence the Lessee’s work on the aforementioned date, all the obligations applying to it under this Agreement shall apply as of such time, including the obligation to pay management fees and the other payments imposed on it hereunder, as well as payment of rent as of the Delivery Date. 11.2.3. Furnishing of insurance certificates for the Lease Term and for the purpose of performing the Lessee’s work, as set forth in the insurance appendix. 11.3. Should the Lessee fail to comply with any of the above conditions in full, it shall not receive possession of the Leased Premises for the purpose of executing the Lessee’s work, without it being considered a default by the Lessor. The foregoing is without derogating from any remedy and/or relief and/or right available to the Lessor and/or the Management Company hereunder and/or under the Management Agreement and/or applicable law, and without derogating from the Lessee’s obligations in connection with the commencement of the Lease Term. 11.4. As of the Delivery Date, the Lessee shall be solely responsible towards the Lessor and any third party for any damage caused to the Leased Premises, the Project, other leased properties in the Project, the Lessor, the Management Company and/or any third party, as a direct result of the performance of the Lessee’s work, provided that the Lessee has been given a reasonable opportunity to defend against any demand, dispute and/or claim and subject to its liability as defined in Section 18.3 below. Without derogating from the Lessee’s aforementioned undertaking, the Lessee shall insure it liability as stated in the insurance appendix. 11.5. The Lessee shall make the Leased Premises ready for opening for business and shall carry out, at its own expense and responsibility, all the work and installations it is required to perform as specified in Appendix E; as well as any work and/or assembly and/or any other installation as shall be required for th...