Common use of Repairs by Lessee Clause in Contracts

Repairs by Lessee. Lessee covenants and agrees with Lessor, at Lessee's own cost and expense, to repair or replace any damage or injury done to the Premises, Building, or any part thereof, or to the Complex, caused by Lessee or Lessee's agents, employees, invitees, or visitors, and such repairs shall restore the Premises, Building or Complex, as the case may be, to the same or as good a condition as it was prior to such injury or damage, and shall be effected in compliance with all building and fire codes and other applicable laws and regulations; provided, however, if Lessee fails to make such repairs or replacements promptly, Lessor may, at its option, make such repairs or replacements, and Lessee shall repay the cost thereof, plus an additional 15% charge to cover overhead, to Lessor on demand. Tenant Initials ___________ Landlord Initials___________

Appears in 4 contracts

Samples: Lease Agreement (IElement CORP), Lease Agreement (IElement CORP), Lease Agreement (IElement CORP)

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Repairs by Lessee. Lessee covenants and agrees with Lessor, at Lessee's own cost and expense, to repair or replace any damage or injury done to the Premises, Building, or any part thereof, or to the Complex, caused by Lessee or Lessee's agents, employees, invitees, or visitors, and such repairs shall restore the Premises, Building or Complex, as the case may be, to the same or as good a condition as it was prior to such injury or damage, and shall be effected in compliance with all building and fire codes and other applicable laws and regulations; provided, however, if Lessee fails to make such repairs or replacements promptly, Lessor may, at its option, make such repairs or replacements, and Lessee shall repay the cost thereof, plus an additional 15% charge to cover overhead, to Lessor on demand. Tenant Initials ___________ Landlord Initials___________.

Appears in 1 contract

Samples: Lease Agreement (Gold Bond Resources Inc)

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Repairs by Lessee. Lessee covenants and agrees with Lessor, at Lessee's own cost and expense, to repair or replace any damage or injury done to the Premises, Building, or any part thereof, or to the Complex, caused by Lessee or Lessee's agents, employees, inviteesinvites, or visitors, and such repairs shall restore the Premises, Building Building, or Complex, as the case may be, to the same or as good a condition as conditions it was prior to such injury or damage, and shall be effected in In compliance with all building and fire codes and other applicable laws and an regulations; provided, however, if Lessee fails to make such repairs or replacements promptly, Lessor may, may at its option, make such repairs or replacements, and Lessee shall repay the cost thereof, plus an additional 15% charge to cover overhead, to Lessor on demand. Tenant Initials ___________ Landlord Initials___________.

Appears in 1 contract

Samples: Lease Agreement (Exe Technologies Inc)

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