Common use of REPAIR ACCORDING TO NOTICE Clause in Contracts

REPAIR ACCORDING TO NOTICE. Without restricting the generality of Article 7.01 hereof, the Tenant, promptly upon notice by the Landlord, will make and do all repairs and maintenance for which it is responsible. If the Tenant fails to repair or maintain with what the Landlord considers to be a reasonable time, then the Landlord may cause such repairs and maintenance to be undertaken (and may cause its employees and agents to enter on the Premises for such purpose). Should the Landlord deem it necessary to undertake any repairs or maintenance, then the Tenant will pay to the Landlord, as a fee for supervision for carrying out the Tenant's obligations, an amount equal to 10% of the monies expended or of the cost of repairs of maintenance carried out by the Landlord, which amount will be in addition to the cost of such work or monies expended.

Appears in 2 contracts

Samples: Lease Agreement (Homelife Inc), Lease Agreement (Homelife Inc)

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REPAIR ACCORDING TO NOTICE. Without restricting the generality of Article 7.01 hereof, the Tenant, promptly upon notice by the Landlord, will make and do all repairs and maintenance for which it is responsible. If the Tenant fails to repair or maintain with what the Landlord considers to be a reasonable time, then the Landlord may cause such repairs and maintenance to be undertaken (and may cause its employees and agents to enter on the Premises for such purpose). Should the Landlord deem it necessary to undertake any repairs or maintenance, then the Tenant will pay to the Landlord, Landlord as a fee for supervision for carrying out the Tenant's obligations, obligations an amount equal to 1010 % of the monies expended or of the cost of repairs of maintenance carried out by the Landlord, which amount will be in addition to the cost of such work work, or monies expended.

Appears in 2 contracts

Samples: Lease Agreement (Homelife Inc), Lease Agreement (Homelife Inc)

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