Common use of Repairs and Maintenance Costs Clause in Contracts

Repairs and Maintenance Costs. A. Tenant shall at Tenant’s sole cost and expense, (i) maintain the Cypress Premises and the Leased Property in good repair and working condition, clean and attractive to tourists and skiers, and in accordance with all safety and maintenance requirements of Government Agencies and shall make such maintenance, repairs and alterations as necessary for such purposes, (ii) cause inspections to be made of all lift equipment on a regular basis in accordance with all requirements of Government Agencies, and (iii) not commit waste or permit impairment or deterioration of the Cypress Premises or the Leased Property (normal wear and tear excepted); (iv) not abandon the Cypress Premises or Leased Property; (v) comply in all material respects with all Applicable Laws applicable to the Cypress Premises and the Leased Property; (vi) provide prompt written notification to Landlord of any material adverse change to the Cypress Premises and Leased Property, such as a major avalanche or landslide, or any other material change to any environmental condition, including, without limitation, a material change in the presence of biocontaminants, such as mold; (vii) promptly undertake appropriate assessment, remedial and preventative actions sufficient to meet any guidelines or regulations adopted by applicable Government Agencies or standards generally employed by well-operated Canadian ski resorts in the region in connection with the safety of the ski operations and operating equipment. In the event of mold contamination in any Improvement on the Cypress Premises, Tenant shall undertake or cause to be undertaken at Tenant’s sole cost and expense (a) removal of the mold, (b) abatement of the underlying cause of mold (including water intrusion), and (c) repair of any leaks and associated water damage at the Cypress Premises; except that:

Appears in 3 contracts

Samples: Sub Permit and Lease Agreement, Sub Permit and Lease Agreement (CNL Lifestyle Properties Inc), Sub Permit and Lease Agreement (CNL Income Properties Inc)

AutoNDA by SimpleDocs

Repairs and Maintenance Costs. A. Tenant shall at Tenant’s sole cost and expense, (i) maintain the Cypress Premises and the Leased Property in good repair and working condition, clean and attractive to tourists and skierstourists, and in accordance with all safety and maintenance requirements of Government Agencies and shall make such maintenance, repairs and alterations as necessary for such purposes, (ii) cause inspections to be made of all lift equipment on a regular basis in accordance with all requirements of Government Agencies, and (iii) not commit waste or permit impairment or deterioration of the Cypress Premises or the Leased Property (normal wear and tear excepted); (iv) not abandon the Cypress Premises or Leased Property; (v) comply in all material respects with all Applicable Laws applicable to the Cypress Premises and the Leased Property; (vi) provide prompt written notification to Landlord of any material adverse change to the Cypress Premises and Leased Property, such as a major avalanche or landslide, or any other material change to any environmental condition, including, without limitation, a material change in the presence of biocontaminants, such as mold; (vii) promptly undertake appropriate assessment, remedial and preventative actions sufficient to meet any guidelines or regulations adopted by applicable Government Agencies or standards generally employed by well-well operated Canadian ski resorts in the region chairlift operations in connection with the safety of the ski lift operations and operating equipment. In the event of mold contamination in any Improvement on of the Cypress PremisesImprovements, Tenant shall undertake or cause to be undertaken at Tenant’s sole cost and expense (a) removal of the mold, (b) abatement of the underlying cause of mold (including water intrusion), and (c) repair of any leaks and associated water damage at the Cypress Premises; except that:.

Appears in 1 contract

Samples: Sublease Agreement (CNL Income Properties Inc)

AutoNDA by SimpleDocs

Repairs and Maintenance Costs. A. Tenant shall, and shall at Tenant’s sole cost cause Manager and expenseeach Space Tenant to, (i) maintain the Cypress Premises and the Leased Property (including, but not limited to, the interior and exterior, structural, plumbing, HVAC and otherwise) in good repair and working condition, clean and attractive to tourists and skiers, and in accordance with all safety and maintenance requirements of Government Agencies condition and shall make or cause to be made such maintenance, repairs and minor alterations as it determines are necessary for such purposes, (ii) cause inspections to be made of all lift equipment on a regular basis in accordance with all requirements of Government Agencies, and (iii) not commit waste or permit impairment or deterioration of the Cypress Premises or the Leased Property (normal wear and tear excepted); (iviii) not abandon the Cypress Premises or Leased Property; (viv) comply in all material respects with all Applicable Laws laws, ordinances, regulations and requirements of any governmental body, and the terms of the Condominium Documents, applicable to the Cypress Premises and the Leased Property; (viv) provide prompt written notification to Landlord of any material adverse change to the Cypress Premises and Leased Property, such as a major avalanche or landslide, or any other material change changes to any environmental condition, including, without limitation, a material change in the presence of biocontaminantsbio-contaminants, such as mold; (viivi) promptly undertake appropriate assessment, remedial and preventative actions sufficient to meet any guidelines established by Landlord or guidelines or regulations adopted by applicable Government Agencies authoritative bodies or standards generally employed by well-operated Canadian ski resorts in the region regulatory agencies in connection with the safety a determination of the ski operations and operating equipment. In the event of mold contamination any material adverse change, and, in any Improvement on the Cypress Premisesevent with respect to mold contamination, Tenant shall undertake undertake, or cause to be undertaken at Tenant’s sole cost and expense undertaken, (a) removal of the mold, (b) abatement of the underlying cause of mold (including water intrusion), and (c) repair of any leaks and associated water damage at the Cypress PremisesLeased Property; except that:and (viii) return the Leased Property and all buildings and improvements thereon at the expiration of the Term in as reasonably a good condition as when received, ordinary wear and tear excepted and shall make or cause to be made such routine maintenance, repairs and minor alterations as it determines are necessary for such purposes. To the extent that any of the repair and maintenance obligations set forth herein are actually the responsibility of the Condominium Association, then Landlord or Tenant (as the case may be) shall be excused from such obligation.

Appears in 1 contract

Samples: Lease Agreement (CNL Income Properties Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.