Common use of RESTRICTION ON ALTERATIONS Clause in Contracts

RESTRICTION ON ALTERATIONS. Except for any Tenant Improvements specifically permitted by this Lease, Tenant shall make no alteration, repair, addition or improvement in, to or about the Premises (collectively, “Alterations”), including, without limitation, the installation of any data or telecommunications cable, without the prior written consent of Landlord, which consent shall not be unreasonably withheld or delayed, and it shall be reasonable for Landlord to require, among other things, some or all of the following: (a) the right to approve the plans and specifications for any work; (b) the right to require supplemental insurance satisfactory to Landlord and naming each of Landlord and Manager as an additional insured; (c) the right to require forms of waivers of liens prior to commencement of work and/or unconditional lien releases for work completed; (d) satisfactory evidence that Tenant has sufficient funds to pay for such Alterations; (e) requirements as to the manner in which work may be performed; and (f) the right to approve the contractor or contractors to perform Alterations. In addition, all Alterations that involve the installation of data or communications cable shall be subject to the terms and conditions of the voice and data cabling specifications adopted by Landlord from time to time and delivered to Tenant upon Tenant’s request for the same and subject to removal pursuant to Section 10.2 hereof. Except for Cosmetic Alterations (defined below), any modifications to any Alterations or Tenant Improvements will require the consent of Landlord in accordance with this Section 10.1. All Alterations shall be compatible with a first class office building complex and completed in accordance with Landlord’s requirements and all applicable rules, regulations and requirements of governmental authorities and insurance carriers. The outside appearance, character or use of the Building shall not be affected by any Alteration, and no Alteration shall weaken or impair the structure of the Building or create the potential for unusual expenses to be incurred upon the removal of the Alterations and the restoration of the Premises upon the termination of this Lease. No part of the Building outside of the Premises shall be affected by any Alteration. The proper functioning of the Building Systems and Service Facilities shall not be affected by any Alteration and there shall be no Alteration which interferes with Landlord’s access to the Building Systems or interferes with the moving of Landlord’s equipment to or from the enclosures containing the Building Systems. Tenant shall not be permitted to install and make part of the Premises any materials, fixtures or articles which are subject to liens, conditional sales contracts or chattel mortgages other than trade fixtures, furniture and equipment. Tenant shall reimburse Landlord for its reasonable expenses in reviewing plans and inspecting all Alterations to assure compliance with Landlord’s requirements, including any out­ of-pocket costs for engineering review. In addition, Tenant shall pay Landlord a construction supervision fee equal to five percent (5%) of the cost of all Alterations. Landlord’s review of any such plans or specifications or Alterations shall not constitute an express or implicit covenant or warranty that any such plans or specifications submitted by Tenant or Alterations to be constructed or as constructed by Tenant are safe or that the same comply with Applicable Laws. Further, Tenant shall indemnify, protect, defend and hold Landlord harmless from any loss, cost or expense, including reasonable attorneys’ fees and costs, incurred by Landlord as a result of any defects in design, materials or workmanship resulting from Alterations. If requested by Landlord, Tenant shall provide Landlord with copies of all contracts, receipts, paid vouchers, and any other documentation (including, without limitation, “as-built” drawings, air/water, balancing reports, permits and inspection certificates) in connection with the construction of such Alterations. Tenant shall promptly pay all costs incurred in connection with all Alterations. Any increase in any tax, assessment or charge levied or assessed as a result of any Alterations shall be payable by Tenant. Notwithstanding the foregoing, Tenant shall be permitted, without Landlord’s consent, but upon advance notice and upon compliance with Landlord’s construction rules and regulations, to make strictly cosmetic, non-structural additions and alterations to the Premises that do not (i) involve the expenditure of more than $25,000.00 in each instance, (ii) affect the exterior appearance of the Premises or Building, (iii) affect the Building’s electrical, ventilation, plumbing, elevator, mechanical, air conditioning or other systems, (iv) require a building or other permit, or (v) diminish the value of the Premises or Building (“Cosmetic Alterations”). Tenant shall, prior to the commencement of any Cosmetic Alterations, deliver to Landlord waivers of liens and proofs of contractor insurance, in form reasonably acceptable to Landlord, from all contractors performing such work and plans indicating the nature of the proposed improvements. Landlord shall not charge a construction supervision fee for Cosmetic Alterations.

Appears in 2 contracts

Samples: Office Lease (YETI Holdings, Inc.), Office Lease (YETI Holdings, Inc.)

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RESTRICTION ON ALTERATIONS. Except for any Tenant Improvements specifically permitted by this Lease, Tenant shall may make no alteration, repairrepairs, addition additions or improvement improvements in, to or about the Premises (collectively, “Alterations”"TENANT ALTERATIONS"), including, without limitation, the installation of any data or telecommunications cable, without the prior written consent of Landlord, which consent shall not be unreasonably withheld or delayedwithheld, and it shall be reasonable for Landlord may impose as a condition to requiresuch consent such requirements as Landlord, among other thingsin its sole discretion, some may deem necessary or all of the following: desirable, including without limitation, (a) the right to approve the plans and specifications for any work; , (b) the right to require supplemental insurance satisfactory to Landlord and naming each of Landlord and Manager as an additional insured; Landlord, (c) the right to require forms security for the full payment for and diligent and faithful performance of waivers of liens prior to commencement of work and/or unconditional lien releases for work completed; any work, (d) satisfactory evidence that Tenant has sufficient funds to pay for such Alterations; (e) requirements as to the manner in which or the time or times at which work may be performed; performed and (fe) the right to approve the contractor or contractors to perform Tenant Alterations. In addition, all Alterations that involve the installation of data or communications cable shall be subject to the terms and conditions of the voice and data cabling specifications adopted by Landlord from time to time and delivered to All Tenant upon Tenant’s request for the same and subject to removal pursuant to Section 10.2 hereof. Except for Cosmetic Alterations (defined below), any modifications to any Alterations or Tenant Improvements will require the consent of Landlord in accordance with this Section 10.1. All Alterations shall be compatible with a first class office building complex the Building and completed in accordance with Landlord’s 's requirements and all applicable rules, regulations and requirements of governmental authorities and insurance carriers. The outside appearance, character or use of the Building shall not be affected by any Alteration, and no Alteration shall weaken or impair the structure of the Building or create the potential for unusual expenses to be incurred upon the removal of the Alterations and the restoration of the Premises upon the termination of this Lease. No part of the Building outside of the Premises shall be affected by any Alteration. The proper functioning of the Building Systems and Service Facilities shall not be affected by any Alteration and there shall be no Alteration which interferes with Landlord’s access to the Building Systems or interferes with the moving of Landlord’s equipment to or from the enclosures containing the Building Systems. Tenant shall not be permitted pay to install and make part of the Premises any materials, fixtures or articles which are subject to liens, conditional sales contracts or chattel mortgages other than trade fixtures, furniture and equipment. Tenant shall reimburse Landlord Landlord's reasonable charges for its reasonable expenses in reviewing plans and inspecting all Alterations Tenant Alterations, which amount shall not exceed Two Hundred Fifty Dollars ($250.00) per Tenant Alteration, to assure full compliance with all of Landlord’s 's requirements, including any out­ of-pocket costs for engineering review. In addition, Tenant shall pay Landlord a construction supervision fee equal to five percent (5%) of the cost of all Alterations. Landlord’s review of any such plans does not expressly or specifications or Alterations shall not constitute an express or implicit implicitly covenant or warranty warrant that any such plans or specifications submitted by Tenant or Alterations to be constructed or as constructed by Tenant are safe or that the same comply with Applicable Lawsany applicable laws, ordinances, codes, rules or regulations. Further, Tenant shall indemnify, protect, defend and hold Landlord Landlord, and Landlord's managing agent, if any, harmless from any loss, cost or expense, including reasonable attorneys' fees and costs, based upon or growing out of any alterations or construction undertaken by Tenant or incurred by Landlord as a result of any defects in design, materials or workmanship resulting from Tenant Alterations, except to the extent such defects are caused by Landlord, its agents, servants or employees. If requested by Landlord, Tenant shall provide Landlord with copies of all contracts, contracts receipts, paid vouchers, and any other documentation (including, without limitation, “as-built” drawings, air/water, balancing reports, permits and inspection certificates) in connection with the construction of such Tenant Alterations. Tenant shall promptly pay all costs incurred in connection with all Tenant Alterations and shall not permit me filing of any mechanic's lien or other lien in connection with any Tenant Alterations. If a mechanic's lien or other lien is filed against the Building Tenant shall discharge or cause to be discharged (by bond or otherwise) such lien within ten (10) days after Tenant receives notice of the filing thereof and shall not allow any such lien to be foreclosed upon. If a mechanic's lien or other lien is filed against the Building and Tenant fails to timely discharge such lien, Landlord may, without waiving its rights and remedies based on such breach of Tenant and without releasing Tenant from any of its obligations, cause such liens to be released by any means it shall deem proper, including payment in satisfaction of the claim giving rise to such lien. Tenant shall pay to Landlord within thirty (30) days following notice by Landlord, any sum paid by Landlord to remove such liens, together with interest at Landlord's cost of money from the date of such payment by Landlord. Any increase in any tax, assessment or charge levied or assessed as a result of any Tenant Alterations shall be payable by TenantTenant in accordance with Article 10 hereof. Notwithstanding the foregoing, Tenant shall be permitted, without Landlord’s consent, but upon advance notice responsible for paying the general contractor's overhead and upon compliance fee in connection with Landlord’s construction rules and regulations, the work performed pursuant to make strictly cosmetic, non-structural additions and alterations to the Premises that do not (i) involve the expenditure of more than $25,000.00 in each instance, (ii) affect the exterior appearance of the Premises or Building, (iii) affect the Building’s electrical, ventilation, plumbing, elevator, mechanical, air conditioning or other systems, (iv) require a building or other permit, or (v) diminish the value of the Premises or Building (“Cosmetic Alterations”). Tenant shall, prior to the commencement of any Cosmetic Alterations, deliver to Landlord waivers of liens and proofs of contractor insurance, in form reasonably acceptable to Landlord, from all contractors performing such work and plans indicating the nature of the proposed improvements. Landlord shall not charge a construction supervision fee for Cosmetic Alterationsthis Article 8.

Appears in 2 contracts

Samples: Office Lease (Vestin Group Inc), Office Lease (Vestin Group Inc)

RESTRICTION ON ALTERATIONS. Except for any Tenant Improvements specifically permitted by this Lease, Tenant shall may make no alteration, repairrepairs, addition additions or improvement improvements in, to or about the Premises (collectively, "Tenant Alterations"), including, without limitation, the installation of any data or telecommunications cable, without the prior written consent of Landlord, which consent shall not be unreasonably withheld or delayedwithheld, and it shall be reasonable for Landlord may impose as a condition to requiresuch consent such requirements as Landlord, among other thingsin its sole discretion, some may deem necessary or all of the following: desirable, including without limitation, (a) the right to approve the plans and specifications for any work; , (b) the right to require supplemental insurance satisfactory to Landlord and naming each of Landlord and Manager as an additional insured; Landlord, (c) the right to require forms security for the full payment for and diligent and faithful performance of waivers of liens prior to commencement of work and/or unconditional lien releases for work completed; any work, (d) satisfactory evidence that Tenant has sufficient funds to pay for such Alterations; (e) requirements as to the manner in which or the time or times at which work may be performed; performed and (fe) the right to approve the contractor or contractors to perform Tenant Alterations. In additionIf Landlord does not respond to Tenant's written request for Tenant Alterations within 30 days of receipt of the request, all Alterations that involve the installation of data or communications cable such request shall be subject to the terms and conditions of the voice and data cabling specifications adopted by Landlord from time to time and delivered to Tenant upon Tenant’s request for the same and subject to removal pursuant to Section 10.2 hereof. Except for Cosmetic Alterations (defined below), any modifications to any Alterations or Tenant Improvements will require the consent of Landlord in accordance with this Section 10.1deemed approved as submitted. All Tenant Alterations shall be compatible with a first class office building complex the Building and completed in accordance with Landlord’s 's requirements and all applicable rules, regulations and requirements of governmental authorities and insurance carriers. The outside appearance, character Landlord does not expressly or use of the Building shall not be affected by any Alteration, and no Alteration shall weaken or impair the structure of the Building or create the potential for unusual expenses to be incurred upon the removal of the Alterations and the restoration of the Premises upon the termination of this Lease. No part of the Building outside of the Premises shall be affected by any Alteration. The proper functioning of the Building Systems and Service Facilities shall not be affected by any Alteration and there shall be no Alteration which interferes with Landlord’s access to the Building Systems or interferes with the moving of Landlord’s equipment to or from the enclosures containing the Building Systems. Tenant shall not be permitted to install and make part of the Premises any materials, fixtures or articles which are subject to liens, conditional sales contracts or chattel mortgages other than trade fixtures, furniture and equipment. Tenant shall reimburse Landlord for its reasonable expenses in reviewing plans and inspecting all Alterations to assure compliance with Landlord’s requirements, including any out­ of-pocket costs for engineering review. In addition, Tenant shall pay Landlord a construction supervision fee equal to five percent (5%) of the cost of all Alterations. Landlord’s review of any such plans or specifications or Alterations shall not constitute an express or implicit implicitly covenant or warranty warrant that any such plans or specifications submitted by Tenant or Alterations to be constructed or as constructed by Tenant are safe or that the same comply with Applicable Lawsany applicable laws, ordinances, codes, rules or regulations. Further, Tenant shall indemnify, protect, defend and hold Landlord Landlord, the Premises, and Landlord's managing agent, if any, harmless from any loss, cost or expense, including reasonable attorneys' fees and costs, based upon or growing out of any alterations or construction undertaken by Tenant or incurred by Landlord as a result of any defects in design, materials or workmanship resulting from Tenant Alterations, except to the extent such defects are caused by Landlord, its agents. servants or employees. If requested by Landlord, . Tenant shall provide Landlord with copies of all contracts, receipts, paid vouchers, and any other documentation (including, without limitation, “as-built” drawings, air/water, balancing reports, permits and inspection certificates) in connection with the construction of such Tenant Alterations. Tenant shall promptly pay all costs incurred in connection with all Tenant Alterations and shall not permit the filing of any mechanic's lien or other lien in connection with any Tenant Alterations. If a mechanic's lien or other lien is filed against the Building or the Premises, Tenant shall discharge or cause to be discharged (by bond or otherwise) such lien within ten (10) days after Tenant receives notice of the filing thereof and shall not allow any such lien to be foreclosed upon. If a mechanic's lien or other lien is filed against the Building or the Premises and Tenant fails to timely discharge such lien, Landlord may, without waiving its rights and remedies based on such breach of Tenant and without releasing Tenant from any of its obligations, cause such liens to be released by any means it shall deem proper, including payment in satisfaction of the claim giving rise to such lien. Tenant shall pay to Landlord within thirty (30) days following notice by Landlord, any sum paid by Landlord to remove such liens, together with interest at Landlord's cost of money from the date of such payment by Landlord. Any increase in any tax, assessment or charge levied or assessed as a result of any Tenant Alterations shall be payable by Tenant. Notwithstanding the foregoing, Tenant shall be permitted, without Landlord’s consent, but upon advance notice and upon compliance in accordance with Landlord’s construction rules and regulations, to make strictly cosmetic, non-structural additions and alterations to the Premises that do not (i) involve the expenditure of more than $25,000.00 in each instance, (ii) affect the exterior appearance of the Premises or Building, (iii) affect the Building’s electrical, ventilation, plumbing, elevator, mechanical, air conditioning or other systems, (iv) require a building or other permit, or (v) diminish the value of the Premises or Building (“Cosmetic Alterations”). Tenant shall, prior to the commencement of any Cosmetic Alterations, deliver to Landlord waivers of liens and proofs of contractor insurance, in form reasonably acceptable to Landlord, from all contractors performing such work and plans indicating the nature of the proposed improvements. Landlord shall not charge a construction supervision fee for Cosmetic AlterationsArticle 8 hereof.

Appears in 1 contract

Samples: Lease Agreement (CLS Holdings USA, Inc.)

RESTRICTION ON ALTERATIONS. Except for any Tenant Improvements specifically permitted by this Lease, Tenant shall make no alteration, repair, addition or improvement in, to or about the Premises (collectively, “Alterations”), including, without limitation, the installation of any data or telecommunications cable, without the prior written consent of Landlord and Landlord may impose as a condition to such consent such requirements as Landlord, which consent shall not be unreasonably withheld in its reasonable discretion, may deem necessary or delayeddesirable, and it shall be reasonable for Landlord to requireincluding, among other thingswithout limitation, some or all of the following: (a) the right to approve the plans and specifications for any work; (b) the right to require supplemental insurance satisfactory to Landlord and naming each of Landlord and Manager as an additional insured; (c) the right to require forms of waivers of liens prior to commencement of work and/or unconditional lien releases for work completed; (d) satisfactory evidence that Tenant has sufficient funds to pay for such Alterations; (e) requirements as to the manner in which or the time or times at which work may be performed; and (fe) the right to approve the contractor or contractors to perform Alterations. In addition, all Alterations that involve the installation of data or communications cable shall be subject to the terms and conditions of the voice and data cabling specifications adopted by Landlord from time to time and delivered to Tenant upon Tenant’s request for the same and subject to removal pursuant to Section 10.2 hereof. Except for Cosmetic All Alterations (defined below), any modifications to any Alterations or Tenant Improvements will require the consent of Landlord in accordance with this Section 10.1. All Alterations including cosmetic improvements) shall be compatible with a first class office building complex and completed in accordance with Landlord’s requirements and all applicable rules, regulations and requirements of governmental authorities and insurance carriers. The outside appearance, character or use of the Building shall not be affected by any Alteration, and no Alteration shall materially weaken or impair the structure structural strength of the Building or create the potential for unusual expenses to be incurred upon the removal of the Alterations and the restoration of the Premises upon the termination of this Lease. No part of the Building outside of the Premises shall be materially, adversely affected by any Alteration. The ; the proper functioning of the Building Systems and Service Facilities shall not be materially, adversely affected by any Alteration and there shall be no Alteration which materially, adversely interferes with Landlord’s free access to the Building Systems or materially, adversely interferes with the moving of Landlord’s equipment to or from the enclosures containing the Building Systems. Tenant shall not be permitted to install and make part of the Premises any materials, fixtures or articles which are subject to liens, conditional sales contracts or chattel mortgages other than trade fixtures, furniture and equipment. Tenant shall reimburse Landlord for its reasonable expenses in reviewing plans and inspecting all Alterations to assure compliance with Landlord’s requirements, including any out­ of-pocket costs for engineering review. In addition, Tenant shall pay Landlord a construction supervision fee equal to five percent (5%) of the cost of all Alterations. Landlord’s review of any such plans or specifications or Alterations shall not constitute an express or implicit covenant or warranty that any such plans or specifications submitted by Tenant or Alterations to be constructed or as constructed by Tenant are safe or that the same comply with Applicable Laws. Further, Tenant shall indemnify, protect, defend and hold Landlord harmless from any loss, cost or expense, including reasonable attorneys’ fees and costs, incurred by Landlord as a result of any defects in design, materials or workmanship resulting from Alterations. If requested by Landlord, Tenant shall provide Landlord with copies of all contracts, receipts, paid vouchers, and any other documentation (including, without limitation, “as-built” drawings, air/water, balancing reports, permits and inspection certificates) in connection with the construction of such Alterations. Tenant shall promptly pay all costs incurred in connection with all Alterations. Any increase in any tax, assessment or charge levied or assessed as a result of any Alterations shall be payable by Tenant. Notwithstanding the foregoing, Tenant shall be permitted, without Landlord’s consent, but upon advance notice and upon compliance with Landlord’s construction rules and regulations, to make strictly cosmetic, non-structural additions and alterations to the Premises that do not (i) involve the expenditure of more than $25,000.00 in each instance, (ii) affect the exterior appearance of the Premises or Building, (iii) affect the Building’s electrical, ventilation, plumbing, elevator, mechanical, air conditioning or other systems, (iv) require a building or other permit, or (v) diminish the value of the Premises or Building (“Cosmetic Alterations”). Tenant shall, prior to the commencement of any Cosmetic Alterations, deliver to Landlord waivers of liens and proofs of contractor insurance, in form reasonably acceptable to Landlord, from all contractors performing such work and plans indicating the nature of the proposed improvements. Landlord shall not charge a construction supervision fee for Cosmetic Alterations.

Appears in 1 contract

Samples: Loan Agreement (Thomas Properties Group Inc)

RESTRICTION ON ALTERATIONS. Except for any the Tenant Improvements specifically permitted by specified in Exhibit 0 of this Lease, Tenant shall make no alteration, repair, addition or improvement in, to or about the Premises (collectively, “Alterations”), including, without limitation, the installation of any data or telecommunications cable, without the prior written consent of Landlord, which consent shall not be unreasonably withheld or delayed, and it shall be reasonable for Landlord to require, among other things, some or all of the following: (a) the right to reasonably approve the plans and specifications for any work; (b) the right to reasonably require supplemental insurance satisfactory to Landlord and naming each of Landlord and Manager as an additional insured; (c) the right to require reasonable forms of waivers of liens (using statutory forms where applicable) prior to commencement of work and/or unconditional lien releases for work completed; (d) satisfactory evidence that Tenant has sufficient funds to pay for such Alterations; (e) reasonable requirements as to the manner in which or the time or times at which work may be performed; and (fe) the right to reasonably approve the contractor or contractors to perform Alterations, which approval shall not be unreasonably conditioned, withheld or delayed. In addition, all Alterations that involve the installation of data or communications cable shall be subject to the terms and conditions of the voice and data cabling specifications adopted by Landlord from time to time and delivered to Tenant upon Tenant’s request for the same and subject to removal pursuant to Section 10.2 hereofsame. Except for Cosmetic Alterations (defined below), any Any modifications to any Alterations or Tenant Improvements will require the consent of Landlord in accordance with this Section 10.1. All Alterations shall be compatible with a first class office building complex and completed in accordance with Landlord’s requirements and all applicable rules, regulations and requirements of governmental authorities and insurance carriers. The outside appearance, character or use of the Building shall not be affected by any Alteration, and no Alteration shall weaken or impair the structure of the Building or create the potential for unusual expenses to be incurred upon the removal of the Alterations and the restoration of the Premises upon the termination of this Lease. No part of the Building outside of the Premises shall be affected by any Alteration. The proper functioning of the Building Systems and Service Facilities shall not be affected by any Alteration and there shall be no Alteration which interferes with Landlord’s access to the Building Systems or interferes with the moving of Landlord’s equipment to or from the enclosures containing the Building Systems. Tenant shall not be permitted to install and make part of the Premises any materials, fixtures or articles which are subject to liens, conditional sales contracts or chattel mortgages other than trade fixtures, furniture and equipment. Tenant shall reimburse Landlord for its reasonable expenses in reviewing plans and inspecting all Alterations to assure compliance with Landlord’s requirements, including any out­ of-pocket costs for engineering review. In addition, Tenant shall pay Landlord a construction supervision fee equal to five percent (5%) of the cost of all Alterations. Landlord’s review of any such plans or specifications or Alterations shall not constitute an express or implicit covenant or warranty that any such plans or specifications submitted by Tenant or Alterations to be constructed or as constructed by Tenant are safe or that the same comply with Applicable Laws. Further, Tenant shall indemnify, protect, defend and hold Landlord harmless from any loss, cost or expense, including reasonable attorneys’ fees and costs, incurred by Landlord as a result of any defects in design, materials or workmanship resulting from Alterations. If requested by Landlord, Tenant shall provide Landlord with copies of all contracts, receipts, paid vouchers, and any other documentation (including, without limitation, “as-built” drawings, air/water, balancing reports, permits and inspection certificates) in connection with the construction of such Alterations. Tenant shall promptly pay all costs incurred in connection with all Alterations. Any increase in any tax, assessment or charge levied or assessed as a result of any Alterations shall be payable by Tenant. Notwithstanding the foregoing, Tenant shall be permitted, without Landlord’s consent, but upon advance notice and upon compliance with Landlord’s construction rules and regulations, to make strictly cosmetic, non-structural additions and alterations to the Premises that do not (i) involve the expenditure of more than $25,000.00 in each instance, (ii) affect the exterior appearance of the Premises or Building, (iii) affect the Building’s electrical, ventilation, plumbing, elevator, mechanical, air conditioning or other systems, (iv) require a building or other permit, or (v) diminish the value of the Premises or Building (“Cosmetic Alterations”). Tenant shall, prior to the commencement of any Cosmetic Alterations, deliver to Landlord waivers of liens and proofs of contractor insurance, in form reasonably acceptable to Landlord, from all contractors performing such work and plans indicating the nature of the proposed improvements. Landlord shall not charge a construction supervision fee for Cosmetic Alterations.and

Appears in 1 contract

Samples: Office Lease (BigCommerce Holdings, Inc.)

RESTRICTION ON ALTERATIONS. Except for any Tenant Improvements specifically permitted by this Lease, Tenant shall may make no alteration, repairrepairs, addition additions or improvement improvements in, to or about the Premises (collectively, “Tenant Alterations”), including, without limitation, the installation of any data or telecommunications cable, without the prior written consent of Landlord, which consent shall not be unreasonably withheld or delayedwithheld, and it shall be reasonable for Landlord may impose as a condition to requiresuch consent such requirements as Landlord, among other thingsin its sole discretion, some may deem necessary or all of the following: desirable, including without limitation, (a) the right to approve the plans and specifications for any work; , (b) the right to require supplemental insurance satisfactory to Landlord and naming each of Landlord and Manager as an additional insured; Landlord, (c) the right to require forms security for the full payment for and diligent and faithful performance of waivers of liens prior to commencement of work and/or unconditional lien releases for work completed; any work, (d) satisfactory evidence that Tenant has sufficient funds to pay for such Alterations; (e) requirements as to the manner in which or the time or times at which work may be performed; performed and (fe) the right to approve the contractor or contractors to perform Tenant Alterations. In additionIf Landlord does not respond to Tenant’s written request for Tenant Alterations within 30 days of receipt of the request, all Alterations that involve the installation of data or communications cable such request shall be subject to the terms and conditions of the voice and data cabling specifications adopted by Landlord from time to time and delivered to Tenant upon Tenant’s request for the same and subject to removal pursuant to Section 10.2 hereof. Except for Cosmetic Alterations (defined below), any modifications to any Alterations or Tenant Improvements will require the consent of Landlord in accordance with this Section 10.1deemed approved as submitted. All Tenant Alterations shall be compatible with a first class office building complex the Building and completed in accordance with Landlord’s requirements and all applicable rules, regulations and requirements of governmental authorities and insurance carriers. The outside appearance, character Landlord does not expressly or use of the Building shall not be affected by any Alteration, and no Alteration shall weaken or impair the structure of the Building or create the potential for unusual expenses to be incurred upon the removal of the Alterations and the restoration of the Premises upon the termination of this Lease. No part of the Building outside of the Premises shall be affected by any Alteration. The proper functioning of the Building Systems and Service Facilities shall not be affected by any Alteration and there shall be no Alteration which interferes with Landlord’s access to the Building Systems or interferes with the moving of Landlord’s equipment to or from the enclosures containing the Building Systems. Tenant shall not be permitted to install and make part of the Premises any materials, fixtures or articles which are subject to liens, conditional sales contracts or chattel mortgages other than trade fixtures, furniture and equipment. Tenant shall reimburse Landlord for its reasonable expenses in reviewing plans and inspecting all Alterations to assure compliance with Landlord’s requirements, including any out­ of-pocket costs for engineering review. In addition, Tenant shall pay Landlord a construction supervision fee equal to five percent (5%) of the cost of all Alterations. Landlord’s review of any such plans or specifications or Alterations shall not constitute an express or implicit implicitly covenant or warranty warrant that any such plans or specifications submitted by Tenant or Alterations to be constructed or as constructed by Tenant are safe or that the same comply with Applicable Lawsany applicable laws, ordinances, codes, rules or regulations. Further, Tenant shall indemnify, protect, defend and hold Landlord Landlord, the Premises, and Landlord’s managing agent, if any, harmless from any loss, cost or expense, including reasonable attorneys’ fees and costs, based upon or growing out of any alterations or construction undertaken by Tenant or incurred by Landlord as a result of any defects in design, materials or workmanship resulting from Tenant Alterations, except to the extent such defects are caused by Landlord, its agents, servants or employees. If requested by Landlord, Tenant shall provide Landlord with copies of all contracts, receipts, paid vouchers, and any other documentation (including, without limitation, “as-built” drawings, air/water, balancing reports, permits and inspection certificates) in connection with the construction of such Tenant Alterations. Tenant shall promptly pay all costs incurred in connection with all Tenant Alterations and shall not permit the filing of any mechanic’s lien or other lien in connection with any Tenant Alterations. If a mechanic’s lien or other lien is filed against the Building or the Premises, Tenant shall discharge or cause to be discharged (by bond or otherwise) such lien within ten (10) days after Tenant receives notice of the filing thereof and shall not allow any such lien to be foreclosed upon. If a mechanic’s lien or other lien is filed against the Building or the Premises and Tenant fails to timely discharge such lien, Landlord may, without waiving its rights and remedies based on such breach of Tenant and without releasing Tenant from any of its obligations, cause such liens to be released by any means it shall deem proper, including payment in satisfaction of the claim giving rise to such lien. Tenant shall pay to Landlord within thirty (30) days following notice by Landlord, any sum paid by Landlord to remove such liens, together with interest at Landlord’s cost of money from the date of such payment by Landlord. Any increase in any tax, assessment or charge levied or assessed as a result of any Tenant Alterations shall be payable by Tenant. Notwithstanding the foregoing, Tenant shall be permitted, without Landlord’s consent, but upon advance notice and upon compliance in accordance with Landlord’s construction rules and regulations, to make strictly cosmetic, non-structural additions and alterations to the Premises that do not (i) involve the expenditure of more than $25,000.00 in each instance, (ii) affect the exterior appearance of the Premises or Building, (iii) affect the Building’s electrical, ventilation, plumbing, elevator, mechanical, air conditioning or other systems, (iv) require a building or other permit, or (v) diminish the value of the Premises or Building (“Cosmetic Alterations”). Tenant shall, prior to the commencement of any Cosmetic Alterations, deliver to Landlord waivers of liens and proofs of contractor insurance, in form reasonably acceptable to Landlord, from all contractors performing such work and plans indicating the nature of the proposed improvements. Landlord shall not charge a construction supervision fee for Cosmetic AlterationsArticle 8 hereof.

Appears in 1 contract

Samples: Lease Agreement (CLS Holdings USA, Inc.)

RESTRICTION ON ALTERATIONS. Except for any Tenant Improvements specifically permitted by this Lease, Tenant shall may make no alteration, repairrepairs, addition additions or improvement improvements in, to or about the Premises (collectively, “AlterationsTENANT ALTERATIONS”), including, without limitation, the installation of any data or telecommunications cable, without the prior written consent of Landlord, which consent shall not be unreasonably withheld or delayedwithheld, and it shall be reasonable for Landlord may impose as a condition to requiresuch consent such requirements as Landlord, among other thingsin its sole discretion, some may deem necessary or all of the following: desirable, including without limitation, (a) the right to approve the plans and specifications for any work; , (b) the right to require supplemental insurance satisfactory to Landlord and naming each of Landlord and Manager as an additional insured; Landlord, (c) the right to require forms security for the full payment for and diligent and faithful performance of waivers of liens prior to commencement of work and/or unconditional lien releases for work completed; any work, (d) satisfactory evidence that Tenant has sufficient funds to pay for such Alterations; (e) requirements as to the manner in which or the time or times at which work may be performed; performed and (fe) the right to approve the contractor or contractors to perform Tenant Alterations. In addition, all Alterations that involve the installation of data or communications cable shall be subject to the terms and conditions of the voice and data cabling specifications adopted by Landlord from time to time and delivered to All Tenant upon Tenant’s request for the same and subject to removal pursuant to Section 10.2 hereof. Except for Cosmetic Alterations (defined below), any modifications to any Alterations or Tenant Improvements will require the consent of Landlord in accordance with this Section 10.1. All Alterations shall be compatible with a first class office building complex the Building and completed in accordance with Landlord’s requirements and all applicable rules, regulations and requirements of governmental authorities and insurance carriers. The outside appearanceTenant shall pay to Landlord Landlord’s reasonable charges for reviewing and inspecting all Tenant Alterations, character or use of the Building which amount shall not be affected by any exceed Two Hundred Fifty Dollars ($250.00) per Tenant Alteration, and no Alteration shall weaken or impair the structure of the Building or create the potential for unusual expenses to be incurred upon the removal of the Alterations and the restoration of the Premises upon the termination of this Lease. No part of the Building outside of the Premises shall be affected by any Alteration. The proper functioning of the Building Systems and Service Facilities shall not be affected by any Alteration and there shall be no Alteration which interferes assure full compliance with Landlord’s access to the Building Systems or interferes with the moving all of Landlord’s equipment to requirements. Landlord does not expressly or from the enclosures containing the Building Systems. Tenant shall not be permitted to install and make part of the Premises any materials, fixtures or articles which are subject to liens, conditional sales contracts or chattel mortgages other than trade fixtures, furniture and equipment. Tenant shall reimburse Landlord for its reasonable expenses in reviewing plans and inspecting all Alterations to assure compliance with Landlord’s requirements, including any out­ of-pocket costs for engineering review. In addition, Tenant shall pay Landlord a construction supervision fee equal to five percent (5%) of the cost of all Alterations. Landlord’s review of any such plans or specifications or Alterations shall not constitute an express or implicit implicitly covenant or warranty warrant that any such plans or specifications submitted by Tenant or Alterations to be constructed or as constructed by Tenant are safe or that the same comply with Applicable Lawsany applicable laws, ordinances, codes, rules or regulations. Further, Tenant shall indemnify, protect, defend and hold Landlord Landlord, and Landlord’s managing agent, if any, harmless from any loss, cost or expense, including reasonable attorneys’ fees and costs, based upon or growing out of any alterations or construction undertaken by Tenant or incurred by Landlord as a result of any defects in design, materials or workmanship resulting from Tenant Alterations, except to the extent such defects are caused by Landlord, its agents, servants or employees. If requested by Landlord, Tenant shall provide Landlord with copies of all contracts, receipts, paid vouchers, and any other documentation (including, without limitation, “as-built” drawings, air/water, balancing reports, permits and inspection certificates) in connection with the construction of such Tenant Alterations. Tenant shall promptly pay all costs incurred in connection with all Tenant Alterations and shall not permit the filing of any mechanic’s lien or other lien in connection with any Tenant Alterations. If a mechanic’s lien or other lien is filed against the Building Tenant shall discharge or cause to be discharged (by bond or otherwise) such lien within ten (10) days after Tenant receives notice of the filing thereof and shall not allow any such lien to be foreclosed upon. If a mechanic’s lien or other lien is filed against the Building and Tenant fails to timely discharge such lien, Landlord may, without waiving its rights and remedies based on such breach of Tenant and without releasing Tenant from any of its obligations, cause such liens to be released by any means it shall deem proper, including payment in satisfaction of the claim giving rise to such lien. Tenant shall pay to Landlord within thirty (30) days following notice by Landlord, any sum paid by Landlord to remove such liens, together with interest at Landlord’s cost of money from the date of such payment by Landlord. Any increase in any tax, assessment or charge levied or assessed as a result of any Tenant Alterations shall be payable by TenantTenant in accordance with Article 10 hereof. Notwithstanding the foregoing, Tenant shall be permitted, without Landlordresponsible for paying the general contractor’s consent, but upon advance notice overhead and upon compliance fee in connect ion with Landlord’s construction rules and regulations, the work performed pursuant to make strictly cosmetic, non-structural additions and alterations to the Premises that do not (i) involve the expenditure of more than $25,000.00 in each instance, (ii) affect the exterior appearance of the Premises or Building, (iii) affect the Building’s electrical, ventilation, plumbing, elevator, mechanical, air conditioning or other systems, (iv) require a building or other permit, or (v) diminish the value of the Premises or Building (“Cosmetic Alterations”). Tenant shall, prior to the commencement of any Cosmetic Alterations, deliver to Landlord waivers of liens and proofs of contractor insurance, in form reasonably acceptable to Landlord, from all contractors performing such work and plans indicating the nature of the proposed improvements. Landlord shall not charge a construction supervision fee for Cosmetic Alterationsthis Article 8.

Appears in 1 contract

Samples: Office Lease (Vestin Fund Iii LLC)

RESTRICTION ON ALTERATIONS. Except for any Tenant Improvements specifically permitted by this Lease, Tenant shall make no alteration, repair, addition or improvement in, to or about the Premises (collectively, “Alterations”), including, without limitation, the installation of any data or telecommunications cable, without the prior written consent of Landlord, which consent shall not be unreasonably withheld withheld, conditioned or delayed, and it shall be Landlord may impose as a condition to such consent such requirements as Landlord, in its reasonable for Landlord to requirediscretion, among other thingsmay deem necessary or desirable, some or all of the following: including without limitation, (a) the right to approve the plans and specifications for any work; , (b) the right to require supplemental insurance satisfactory to Landlord and naming each of Landlord covering Landlord, Landlord’s property manager and Manager Landlord’s lender as an additional insured; insureds, (c) the right to require forms of waivers of liens prior security for the full payment for any work and to commencement of work and/or require unconditional lien releases for all work completed; , (d) satisfactory evidence that Tenant has sufficient funds to pay for such Alterations; (e) requirements as to the manner in which or the time or times at which work may be performed; performed and (fe) the right to approve the contractor or contractors to perform Alterations. In addition, all Alterations that involve the installation of data or communications cable shall be subject to the terms and conditions of the voice and data cabling specifications adopted by Landlord from time to time and delivered to Tenant upon Tenant’s request for the same and subject to removal pursuant to Section 10.2 hereof. Except for Cosmetic Alterations (defined below), any modifications to any Alterations or Tenant Improvements will require the consent of Landlord in accordance with this Section 10.1. All Alterations shall be compatible with a first class class/comparable office building complex and completed in accordance with Landlord’s requirements and all applicable rules, regulations and requirements of governmental authorities and insurance carriers. The outside appearance, character or use Tenant shall pay to Landlord an administrative charge equal to three percent (3%) of the Building shall not be affected by hard construction costs of any Alteration, and no Alteration shall weaken or impair the structure of the Building or create the potential for unusual expenses to be incurred upon the removal of the such Alterations and the restoration of in the Premises upon the termination of this Lease. No part of the Building outside of the Premises shall be affected by any Alteration. The proper functioning of the Building Systems and Service Facilities shall not be affected by any Alteration and there shall be no Alteration which interferes with Landlord’s access to the Building Systems or interferes with the moving of Landlord’s equipment to or from the enclosures containing the Building Systems. Tenant shall not be permitted to install and make part of the Premises any materials, fixtures or articles which are subject to liens, conditional sales contracts or chattel mortgages (other than trade fixturesCosmetic Alterations), furniture and equipment. Tenant shall to reimburse Landlord for its reasonable expenses in (or its project manager’s) costs of reviewing plans and specifications, engineering review, and inspecting all Alterations to assure full compliance with all of Landlord’s requirements, including any out­ of-pocket costs for engineering review. In addition, ; provided that not such administrative charge shall be payable by Tenant shall pay Landlord a construction supervision fee equal to five percent (5%) of the cost of all Alterations. Landlordin connection with Tenant’s review of any such plans or specifications initial Tenant Improvements or Alterations shall not constitute an express or implicit covenant or warranty that any such plans or specifications submitted by Tenant or Alterations to be constructed or as constructed by Tenant are safe or that in the same comply with Applicable LawsPremises. Further, Tenant shall indemnify, protect, defend and hold Landlord harmless from any loss, cost or expense, including reasonable attorneys’ fees and costs, incurred by Landlord as a result of any defects in design, materials or workmanship resulting from Alterations. If requested , except to the extent such defects are caused by Landlord, Tenant shall provide Landlord with copies of all contractsits agents, receipts, paid vouchers, and any other documentation (including, without limitation, “as-built” drawings, air/water, balancing reports, permits and inspection certificates) in connection with the construction of such Alterations. Tenant shall promptly pay all costs incurred in connection with all Alterations. Any increase in any tax, assessment servants or charge levied or assessed as a result of any Alterations shall be payable by Tenantemployees. Notwithstanding anything to the foregoingcontrary hereinabove, Tenant shall not be permitted, without Landlord’s consent, but upon advance notice and upon compliance with Landlord’s construction rules and regulations, entitled to make strictly cosmetic, non-structural additions and alterations to or install any improvements or Alterations in the 12th Floor Premises that do not (i) involve during the expenditure of more than $25,000.00 in each instance, (ii) affect Term hereof for the exterior appearance of the Premises or Building, (iii) affect the Building’s electrical, ventilation, plumbing, elevator, mechanical, air conditioning or other systems, (iv) require a building or other permit, or (v) diminish the value of the Premises or Building (“Cosmetic Alterations”). Tenant shall, prior to the commencement of any Cosmetic Alterations, deliver to Landlord waivers of liens and proofs of contractor insurance, in form reasonably acceptable to Landlord, from all contractors performing such work and plans indicating the nature of the proposed improvements. Landlord shall not charge a construction supervision fee for Cosmetic Alterations12th Floor Premises.

Appears in 1 contract

Samples: Office Lease (TrueCar, Inc.)

RESTRICTION ON ALTERATIONS. Except Tenant and Tenant’s subtenants (for purposes of this Article 7, subtenants do not include tenants under any Tenant Improvements specifically permitted by this Lease, Tenant Qualifying Sublease) shall make no alteration, repair, addition or improvement in, to or about the Premises (collectively, “Alterations”), including, without limitation, the installation of any data or telecommunications cable, without the prior written consent of Landlord, which and Landlord may impose as a condition to such consent shall not be unreasonably withheld such requirements as Landlord, in its reasonable discretion, may deem necessary or delayeddesirable, and it shall be reasonable for Landlord to requireincluding without limitation, among other things, some or all of the following: (a) the right to approve the plans and specifications for any work; , (b) the right to require supplemental insurance satisfactory to Landlord and naming each of Landlord and Manager as an additional insured; , (c) the right to require forms of waivers of liens prior security for the full payment for any work and to commencement of work and/or require unconditional lien releases for all work completed; , (d) satisfactory evidence that Tenant has sufficient funds to pay for such Alterations; (e) requirements as to the manner in which or the time or times at which work may be performed; performed and (fe) the right to approve the contractor or contractors to perform Alterations. In addition, all Alterations that involve the installation of data or communications cable shall be subject to the terms and conditions of the voice and data cabling specifications adopted by Landlord from time to time and delivered to Tenant upon Tenant’s request subtenants shall have the right to apply directly to Landlord for Landlord’s approval of Tenant’s desired Alterations and improvements in such subtenants’ subleases premises, and Landlord shall have the same exclusive right to approve, deny or conditionally approve such Alterations and subject to removal pursuant to Section 10.2 hereof. Except for Cosmetic Alterations (defined below), any modifications to any Alterations or Tenant Improvements will require the consent of Landlord in accordance with this Section 10.1improvements. All Alterations shall be compatible with a first class office building complex the Project and completed in accordance with Landlord’s requirements and all applicable rules, regulations and requirements of governmental authorities and insurance carriers. The outside appearance, character or use of the Building shall not be affected by any Alteration, and no Alteration shall materially weaken or impair the structure structural strength of the Building or create the potential for unusual expenses to be incurred upon the removal of the Alterations and the restoration of the Premises upon the termination of this Lease. No part of the Building outside of the Premises shall be materially, adversely affected by any Alteration. The ; the proper functioning of the Building Systems and Service Facilities shall not be materially, adversely affected by any Alteration and there shall be no Alteration which materially, adversely interferes with Landlord’s free access to the Building Systems or materially, adversely interferes with the moving of Landlord’s equipment to or from the enclosures containing the Building Systems. Tenant shall not be permitted to install and make part of the Premises any materials, fixtures or articles which are subject to liens, conditional sales contracts or chattel mortgages other than trade fixtures, furniture and equipment. Tenant shall reimburse Landlord for its reasonable expenses in reviewing plans and inspecting all Alterations to assure compliance with Landlord’s requirements, including any out­ of-pocket costs for engineering review. In addition, Tenant shall pay Landlord a construction supervision fee equal to five percent (5%) of the cost of all Alterations. Landlord’s review of any such plans or specifications or Alterations shall not constitute an express or implicit covenant or warranty that any such plans or specifications submitted by Tenant or Alterations to be constructed or as constructed by Tenant are safe or that the same comply with Applicable Laws. Further, Tenant shall indemnify, protect, defend and hold Landlord harmless from any loss, cost or expense, including reasonable attorneys’ fees and costs, incurred by Landlord as a result of any defects in design, materials or workmanship resulting from Alterations. If requested by Landlord, Tenant shall provide Landlord with copies of all contracts, receipts, paid vouchers, and any other documentation (including, without limitation, “as-built” drawings, air/water, balancing reports, permits and inspection certificates) in connection with the construction of such Alterations. Tenant shall promptly pay all costs incurred in connection with all Alterations. Any increase in any tax, assessment or charge levied or assessed as a result of any Alterations shall be payable by Tenant. Notwithstanding the foregoing, Tenant shall be permitted, without Landlord’s consent, but upon advance notice and upon compliance with Landlord’s construction rules and regulations, to make strictly cosmetic, non-structural additions and alterations to the Premises that do not (i) involve the expenditure of more than $25,000.00 in each instance, (ii) affect the exterior appearance of the Premises or Building, (iii) affect the Building’s electrical, ventilation, plumbing, elevator, mechanical, air conditioning or other systems, (iv) require a building or other permit, or (v) diminish the value of the Premises or Building (“Cosmetic Alterations”). Tenant shall, prior to the commencement of any Cosmetic Alterations, deliver to Landlord waivers of liens and proofs of contractor insurance, in form reasonably acceptable to Landlord, from all contractors performing such work and plans indicating the nature of the proposed improvements. Landlord shall not charge a construction supervision fee for Cosmetic Alterations.

Appears in 1 contract

Samples: Work Letter Agreement (MPG Office Trust, Inc.)

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RESTRICTION ON ALTERATIONS. Except for any Tenant Improvements specifically permitted by this Lease, Tenant shall may make no alteration, repairrepairs, addition additions or improvement improvements in, to or about the Premises (collectively, “Alterations”), including, without limitation, the installation of any data or telecommunications cable, "TENANT ALTERATIONS") (i) without the prior written consent of Landlord, which and Landlord may impose as a condition to such consent such reasonable requirements as Landlord may deem necessary or desirable (provided that Landlord's consent shall not be unreasonably withheld or delayed, and it shall be reasonable for Landlord required with respect to require, among other things, some or all of the following: nonstructural alterations costing less than Twenty-Five Thousand Dollars (a) the right to approve the plans and specifications for any work; (b) the right to require supplemental insurance satisfactory to Landlord and naming each of Landlord and Manager as an additional insured; (c) the right to require forms of waivers of liens prior to commencement of work and/or unconditional lien releases for work completed; (d) satisfactory evidence that Tenant has sufficient funds to pay for such Alterations; (e) requirements as to the manner in which work may be performed$25,000)); and (fii) without first obtaining such consents and approvals as may be required by the right to approve the contractor or contractors to perform Alterations. In addition, all Alterations that involve the installation of data or communications cable shall be subject to the terms and conditions of the voice and data cabling specifications adopted by Landlord from time to time and delivered to Tenant upon Tenant’s request for the same and subject to removal pursuant to Section 10.2 hereof. Except for Cosmetic Alterations (defined below), any modifications to any Alterations or Tenant Improvements will require the consent of Landlord in accordance with this Section 10.1. All Alterations shall be compatible with a first class office building complex and completed in accordance with Landlord’s requirements and all applicable rules, regulations and requirements of governmental authorities and insurance carriers. The outside appearance, character or use of the Building shall not be affected by any Alteration, and no Alteration shall weaken or impair the structure of the Building or create the potential for unusual expenses to be incurred upon the removal of the Alterations and the restoration of the Premises upon the termination of this Lease. No part of the Building outside of the Premises shall be affected by any Alteration. The proper functioning of the Building Systems and Service Facilities shall not be affected by any Alteration and there shall be no Alteration which interferes with Landlord’s access to the Building Systems or interferes with the moving of Landlord’s equipment to or from the enclosures containing the Building SystemsCC&R's. Tenant shall not be permitted pay to install and make part of the Premises any materialsLandlord, fixtures or articles which are subject to liens, conditional sales contracts or chattel mortgages other than trade fixtures, furniture and equipment. Tenant shall reimburse Landlord Landlord's reasonable charges for its reasonable expenses in reviewing plans and inspecting all Tenant Alterations to assure full compliance with all of Landlord’s 's requirements, including any out­ of-pocket costs for engineering review. In addition, Tenant shall pay Landlord a construction supervision fee equal to five percent (5%) of the cost of all Alterations. Landlord’s review of any such plans does not expressly or specifications or Alterations shall not constitute an express or implicit implicitly covenant or warranty warrant that any such plans or specifications submitted by Tenant or Alterations to be constructed or as constructed by Tenant are safe or that the same comply with Applicable Lawsany applicable laws, ordinances, codes, rules or regulations or with the requirements of the CC&R's. Further, Tenant shall indemnify, protect, defend and hold Landlord harmless from any loss, cost or expense, including reasonable attorneys' fees and costs, incurred by Landlord as a result of any defects in design, materials or workmanship resulting from Alterations. If requested by Landlord, Tenant shall provide Landlord with copies of all contracts, receipts, paid vouchers, and any other documentation (including, without limitation, “as-built” drawings, air/water, balancing reports, permits and inspection certificates) in connection with the construction of such Alterations. Tenant shall promptly pay all costs incurred in connection with all Tenant Alterations and shall not permit the filing of any mechanic's lien or other lien in connection with any Tenant Alterations. If a mechanic's lien or other lien is filed against the Premises, Tenant shall discharge or cause to be discharged (by bond or otherwise) such lien within thirty (30) days after Tenant receives notice of the filing thereof and shall not allow any such lien to be foreclosed upon. Tenant shall have the right to contest any mechanics' lien so long as Tenant posts the bond required to remove the lien from the Premises within the aforementioned thirty (30) day period. If a mechanic's lien or other lien is filed against the Premises and Tenant fails to timely discharge (by bond or otherwise) such lien, Landlord may, without waiving its rights and remedies based on such breach of Tenant and without releasing Tenant from any of its obligations, cause such lien to be released by any means it shall deem proper, including payment in satisfaction of the claim giving rise to such lien. Tenant shall pay to Landlord within thirty (30) days following notice by Landlord, any sum paid by Landlord to remove such liens, together with interest at the Reference Rate, as defined in Section 20.2 below, plus two percent (2%) per annum, from the date of such payment by Landlord. Any increase in any tax, assessment or charge levied or assessed as a result of any Tenant Alterations shall be payable by Tenant. Notwithstanding the foregoing, Tenant shall be permitted, without Landlord’s consent, but upon advance notice and upon compliance with Landlord’s construction rules and regulations, to make strictly cosmetic, non-structural additions and alterations to the Premises that do not (i) involve the expenditure of more than $25,000.00 in each instance, (ii) affect the exterior appearance of the Premises or Building, (iii) affect the Building’s electrical, ventilation, plumbing, elevator, mechanical, air conditioning or other systems, (iv) require a building or other permit, or (v) diminish the value of the Premises or Building (“Cosmetic Alterations”). Tenant shall, prior to the commencement of any Cosmetic Alterations, deliver to Landlord waivers of liens and proofs of contractor insurance, in form reasonably acceptable to Landlord, from all contractors performing such work and plans indicating the nature of the proposed improvements. Landlord shall not charge a construction supervision fee for Cosmetic Alterations.

Appears in 1 contract

Samples: Triple Net Lease Agreement (Cross Continent Auto Retailers Inc M&l)

RESTRICTION ON ALTERATIONS. Except for any Tenant Improvements specifically permitted by this Lease, Tenant shall may make no alteration, repairrepairs, addition additions or improvement improvements in, to or about the Premises (collectively, “Alterations”"TENANT ALTERATIONS"), including, without limitation, the installation of any data or telecommunications cable, without the prior written consent of Landlord, which consent shall not be unreasonably withheld or delayedwithheld, and it shall be reasonable for Landlord may impose as a condition to requiresuch consent such requirements as Landlord, among other thingsin its sole discretion, some may deem necessary or all of the following: desirable, including without limitation, (a) the right to approve the plans and specifications for any work; , (b) the right to require supplemental insurance satisfactory to Landlord and naming each of Landlord and Manager as an additional insured; Landlord, (c) the right to require forms security for the full payment for and diligent and faithful performance of waivers of liens prior to commencement of work and/or unconditional lien releases for work completed; any work, (d) satisfactory evidence that Tenant has sufficient funds to pay for such Alterations; (e) requirements as to the manner in which or the time or times at which work may be performed; performed and (fe) the right to approve the contractor or contractors to perform Tenant Alterations. In addition, all Alterations that involve the installation of data or communications cable shall be subject to the terms and conditions of the voice and data cabling specifications adopted by Landlord from time to time and delivered to All Tenant upon Tenant’s request for the same and subject to removal pursuant to Section 10.2 hereof. Except for Cosmetic Alterations (defined below), any modifications to any Alterations or Tenant Improvements will require the consent of Landlord in accordance with this Section 10.1. All Alterations shall be compatible with a first class office building complex the Building and completed in accordance with Landlord’s 's requirements and all applicable rules, regulations and requirements of governmental authorities and insurance carriers. The outside appearance, character or use of the Building shall not be affected by any Alteration, and no Alteration shall weaken or impair the structure of the Building or create the potential for unusual expenses to be incurred upon the removal of the Alterations and the restoration of the Premises upon the termination of this Lease. No part of the Building outside of the Premises shall be affected by any Alteration. The proper functioning of the Building Systems and Service Facilities shall not be affected by any Alteration and there shall be no Alteration which interferes with Landlord’s access to the Building Systems or interferes with the moving of Landlord’s equipment to or from the enclosures containing the Building Systems. Tenant shall not be permitted pay to install and make part of the Premises any materials, fixtures or articles which are subject to liens, conditional sales contracts or chattel mortgages other than trade fixtures, furniture and equipment. Tenant shall reimburse Landlord Landlord's reasonable charges for its reasonable expenses in reviewing plans and inspecting all Alterations Tenant Alterations, which amount shall not exceed Two Hundred Fifty Dollars ($250.00) per Tenant Alteration, to assure full compliance with all of Landlord’s 's requirements, including any out­ of-pocket costs for engineering review. In addition, Tenant shall pay Landlord a construction supervision fee equal to five percent (5%) of the cost of all Alterations. Landlord’s review of any such plans does not expressly or specifications or Alterations shall not constitute an express or implicit implicitly covenant or warranty warrant that any such plans or specifications submitted by Tenant or Alterations to be constructed or as constructed by Tenant are safe or that the same comply with Applicable Lawsany applicable laws, ordinances, codes, rules or regulations. Further, Tenant shall indemnify, protect, defend and hold Landlord Landlord, and Landlord's managing agent, if any, harmless from any loss, cost or expense, including reasonable attorneys' fees and costs, based upon or growing out of any alterations or construction undertaken by Tenant or incurred by Landlord as a result of any defects in design, materials or workmanship resulting from Tenant Alterations, except to the extent such defects are caused by Landlord, its agents, servants or employees. If requested by Landlord, Tenant shall provide Landlord with copies of all contracts, receipts, paid vouchers, and any other documentation (including, without limitation, “as-built” drawings, air/water, balancing reports, permits and inspection certificates) in connection with the construction of such Tenant Alterations. Tenant shall promptly pay all costs incurred in connection with all Tenant Alterations and shall not permit the filing of any mechanic's lien or other lien in connection with any Tenant Alterations. If a mechanic's lien or other lien is filed against the Building Tenant shall discharge or cause to be discharged (by bond or otherwise) such lien within ten (10) days after Tenant receives notice of the filing thereof and shall not allow any such lien to be foreclosed upon. If a mechanic's lien or other lien is filed against the Building and Tenant fails to timely discharge such lien, Landlord may, without waiving its rights and remedies based on such breach of Tenant and without releasing Tenant from any of its obligations, cause such liens to be released by any means it shall deem proper, including payment in satisfaction of the claim giving rise to such lien. Tenant shall pay to Landlord within thirty (30) days following notice by Landlord, any sum paid by Landlord to remove such liens, together with interest at Landlord's cost of money from the date of such payment by Landlord. Any increase in any tax, assessment or charge levied or assessed as a result of any Tenant Alterations shall be payable by TenantTenant in accordance with Article 10 hereof. Notwithstanding the foregoing, Tenant shall be permitted, without Landlord’s consent, but upon advance notice responsible for paying the general contractor's overhead and upon compliance fee in connection with Landlord’s construction rules and regulations, the work performed pursuant to make strictly cosmetic, non-structural additions and alterations to the Premises that do not (i) involve the expenditure of more than $25,000.00 in each instance, (ii) affect the exterior appearance of the Premises or Building, (iii) affect the Building’s electrical, ventilation, plumbing, elevator, mechanical, air conditioning or other systems, (iv) require a building or other permit, or (v) diminish the value of the Premises or Building (“Cosmetic Alterations”). Tenant shall, prior to the commencement of any Cosmetic Alterations, deliver to Landlord waivers of liens and proofs of contractor insurance, in form reasonably acceptable to Landlord, from all contractors performing such work and plans indicating the nature of the proposed improvements. Landlord shall not charge a construction supervision fee for Cosmetic Alterationsthis Article 8.

Appears in 1 contract

Samples: Office Lease (Vestin Group Inc)

RESTRICTION ON ALTERATIONS. Except for any Tenant Improvements specifically permitted by this Lease, Tenant shall make no alteration, repair, addition or improvement in, to or about the Premises (collectively, "Alterations"), including, without limitation, the installation of any data or telecommunications cable, without the prior written consent of Landlord and Landlord may impose as a condition to such consent such requirements as Landlord, which consent shall not be unreasonably withheld in its reasonable discretion, may deem necessary or delayeddesirable, and it shall be reasonable for Landlord to requireincluding, among other thingswithout limitation, some or all of the following: (a) the right to approve the plans and specifications for any work; (b) the right to require supplemental insurance satisfactory to Landlord and naming each of Landlord and Manager as an additional insured; (c) the right to require forms of waivers of liens prior to commencement of work and/or unconditional lien releases for work completed; (d) satisfactory evidence that Tenant has sufficient funds to pay for such Alterations; (e) requirements as to the manner in which or the time or times at which work may be performed; and (fe) the right to approve the contractor or contractors to perform Alterations. In additionHowever, all notwithstanding the foregoing, Tenant shall have the right, without the prior consent of Landlord, to install (i) Alterations that involve are purely decorative (i.e., paint, carpet, non-built-in shelving, filing systems, work stations, and similar trade fixtures and furniture) and (ii) non-structural Alterations which do not cost in excess of $50,000.00 in the installation aggregate and which do not adversely affect the function or integrity of data Building Systems in the Building or communications cable Premises, provided, in each instance Tenant shall give prior notice of its intention to make such Alterations to Landlord, such notice to include the scope and proposed schedule of work. Tenant shall not be subject required to remove the terms and conditions foregoing permitted Alterations upon the expiration of the voice and data cabling specifications adopted by Landlord from time to time and delivered to Tenant upon Tenant’s request for the same and subject to removal pursuant to Section 10.2 hereof. Except for Cosmetic Alterations (defined below), any modifications to any Alterations or Tenant Improvements will require the consent of Landlord in accordance with this Section 10.1Lease. All Alterations shall be compatible with a first class office building complex and completed in accordance with Landlord’s requirements and all applicable rules, regulations and requirements of governmental authorities and insurance carriers. The outside appearance, character or use of the Building shall not be affected by any Alteration, and no Alteration shall materially weaken or impair the structure structural strength of the Building or create the potential for unusual expenses to be incurred upon the removal of the Alterations and the restoration of the Premises upon the termination of this Lease. No part of the Building outside of the Premises shall be materially, adversely affected by any Alteration. The ; the proper functioning of the Building Systems and Service Facilities shall not be materially, adversely affected by any Alteration and there shall be no Alteration which materially, adversely interferes with Landlord’s free access to the Building Systems or materially, adversely interferes with the moving of Landlord’s equipment to or from the enclosures containing the Building Systems. Tenant shall not be permitted to install and make part of the Premises any materials, fixtures or articles which are subject to liens, conditional sales contracts or chattel mortgages other than trade fixtures, furniture and equipment. Tenant shall reimburse Landlord for (a) its reasonable expenses in reviewing plans and inspecting all Alterations to assure compliance with Landlord’s requirements, including ; and (b) any out­ out-of-pocket costs for engineering reviewreview reasonably incurred by Landlord. In addition, Tenant shall pay Landlord a construction supervision fee equal to five percent (5%) of the cost of all Alterations. Landlord’s review of any such plans will not expressly or specifications or Alterations shall not constitute an express or implicit implicitly covenant or warranty warrant that any such plans or specifications submitted by Tenant or Alterations to be constructed or as constructed by Tenant are safe or that the same comply with Applicable Laws. Further, Tenant shall indemnify, protect, defend and hold Landlord harmless from any loss, cost or expense, including reasonable attorneys’ fees and costs, incurred by Landlord as a result of any defects in design, materials or workmanship resulting from Alterations, except to the extent such defects are caused by the negligence of Landlord, its agents, servants or employees. If requested by Landlord, Tenant shall provide Landlord with copies of all contracts, receipts, paid vouchers, and any other documentation (including, without limitation, "as-built" drawings, air/water, water balancing reports, permits and inspection certificates) in connection with the construction of such Alterations. Tenant shall promptly pay all costs incurred in connection with all Alterations. Any increase in any tax, assessment or charge levied or assessed as a result of any Alterations shall be payable by Tenant. Notwithstanding the foregoing, Tenant shall be permitted, without Landlord’s consent, but upon advance notice and upon compliance with Landlord’s construction rules and regulations, to make strictly cosmetic, non-structural additions and alterations to the Premises that do not (i) involve the expenditure of more than $25,000.00 in each instance, (ii) affect the exterior appearance of the Premises or Building, (iii) affect the Building’s electrical, ventilation, plumbing, elevator, mechanical, air conditioning or other systems, (iv) require a building or other permit, or (v) diminish the value of the Premises or Building (“Cosmetic Alterations”). Tenant shall, prior to the commencement of any Cosmetic Alterations, deliver to Landlord waivers of liens and proofs of contractor insurance, in form reasonably acceptable to Landlord, from all contractors performing such work and plans indicating the nature of the proposed improvements. Landlord shall not charge a construction supervision fee for Cosmetic Alterations.9.2

Appears in 1 contract

Samples: Office Lease (Lincoln National Corp)

RESTRICTION ON ALTERATIONS. Except for any Tenant Improvements specifically permitted by this Leaseas otherwise provided herein, Tenant shall may make no alteration, repairrepairs, addition additions or improvement improvements in, to or about the Premises (collectively, “Tenant Alterations”), including, without limitation, the installation of any data or telecommunications cable, without the prior written consent of Landlord, which consent shall not be unreasonably withheld or delayed, and it shall be reasonable for Landlord may impose as a condition to requiresuch consent such requirements as Landlord, among other thingsin its sole discretion, some may deem reasonably necessary or all of the following: desirable, including without limitation, (a) the right to approve the plans and specifications for any work; Tenant Alteration, (b) the right to require supplemental insurance satisfactory to Landlord and naming each of Landlord and Manager as an additional insured; Landlord, (c) the right to require forms security for the full payment for and diligent and faithful performance of waivers that construction of liens prior to commencement of work and/or unconditional lien releases for work completed; any Tenant Alteration, (d) satisfactory evidence that Tenant has sufficient funds to pay for such Alterations; (e) requirements as to the manner in which work or the time or times at which construction of Tenant Alterations may be performed; and , (fe) the right to approve the contractor or contractors to perform such Tenant Alterations. In addition, all Alterations which approval shall not be unreasonably withheld or delayed; provided, however, that involve such contractor shall meet the installation of data or communications cable shall be subject to criteria set forth in Section 3.2 for selecting a contractor in connection with the terms and conditions construction of the voice and data cabling specifications adopted by Landlord from time to time and delivered to Tenant upon Tenant’s request for the same and subject to removal pursuant to Section 10.2 hereof. Except for Cosmetic Alterations (defined below), any modifications to any Alterations or Tenant Improvements will require the consent of Landlord in accordance with this Section 10.1Improvements. All Tenant Alterations shall be compatible with a first class office building complex the Building and completed in accordance with Landlord’s requirements and all applicable rules, regulations and requirements of governmental authorities and insurance carriers. The outside appearance, character or use of the Building shall not be affected by any Alteration, and no Alteration shall weaken or impair the structure of the Building or create the potential for unusual expenses to be incurred upon the removal of the Alterations and the restoration of the Premises upon the termination of this Lease. No part of the Building outside of the Premises shall be affected by any Alteration. The proper functioning of the Building Systems and Service Facilities shall not be affected by any Alteration and there shall be no Alteration which interferes with Landlord’s access to the Building Systems or interferes with the moving of Landlord’s equipment to or from the enclosures containing the Building Systems. Tenant shall not be permitted to install and make part of the Premises any materials, fixtures or articles which are subject to liens, conditional sales contracts or chattel mortgages other than trade fixtures, furniture and equipment. Tenant shall reimburse Landlord for its reasonable expenses in reviewing plans and inspecting all Alterations to assure compliance with Landlord’s requirements, including any out­ of-pocket costs for engineering review. In addition, Tenant shall pay to Landlord a construction supervision fee equal to five percent reasonable charges for having the Tenant Alterations inspected and/or reviewed (5%whether by Landlord or Landlord’s employees, representatives, and/or agents), which amount shall not exceed One Thousand Dollars ($1,000.00) per submission of the cost proposed Tenant Alteration, to assure full compatibility with the Building. In charging the above fee, Landlord may charge for services of all Alterationsits in-house personnel. Landlord’s review of any such plans Landlord does not expressly or specifications or Alterations shall not constitute an express or implicit implicitly covenant or warranty warrant that any such plans or specifications submitted by Tenant or Alterations to will be constructed or as constructed by Tenant are safe or that the same will comply with Applicable Lawsany applicable laws, ordinances, codes, rules or regulations. Further, Tenant shall indemnify, protect, defend and hold Landlord Landlord, the Project, and Landlord’s managing agent, if any, harmless from any loss, cost or expense, including reasonable attorneys’ fees and costs, based upon or growing out of any alterations or construction undertaken by Tenant or incurred by Landlord as a result of any defects in design, materials or workmanship resulting from Tenant Alterations, except to the extent such defects are caused by the gross negligence of Landlord, its agents, servants or employees. If requested by Landlord, Tenant shall provide Landlord with copies of all contracts, receipts, paid vouchers, and any other documentation (including, without limitation, “as-built” drawings, air/water, balancing reports, permits and inspection certificates) in connection with the construction of such Tenant Alterations. Tenant shall promptly pay all costs incurred in connection with all Tenant Alterations and shall not permit the filing of any mechanic’s lien or other lien in connection with any Tenant Alterations. If a mechanic’s lien or other lien is filed against the Building or the Project, Tenant shall discharge or cause to be discharged (by bond or otherwise) such lien within fifteen (15) days after Tenant receives written notice from Landlord of the filing thereof and shall not allow any such lien to be foreclosed upon; provided, however, that Tenant may diligently contest such lien if Tenant delivers to Landlord a bond or other security reasonably satisfactory to Landlord. If Tenant fails to timely discharge such lien or to diligently contest the same, Landlord may, without waiving its rights and remedies based on such breach of Tenant and without releasing Tenant from any of its obligations, cause such liens to be released by any means it shall deem reasonably proper, including payment in satisfaction of the claim giving rise to such lien. Tenant shall pay to Landlord, within thirty (30) days following receipt of written notice from Landlord, any sum paid by Landlord to remove such liens, together with interest at the rate set forth in Section 24.1. Any increase in any tax, assessment or charge levied or assessed as a result of any Tenant Alterations shall be payable by TenantTenant in accordance with Article 10 hereof. Notwithstanding the foregoing, Tenant shall be permitted, without Landlord’s consent, but upon advance notice and upon compliance responsible for all costs in connection with Landlord’s construction rules and regulations, the work performed in accordance to make strictly cosmetic, non-structural additions and alterations to the Premises that do not (i) involve the expenditure of more than $25,000.00 in each instance, (ii) affect the exterior appearance of the Premises or Building, (iii) affect the Building’s electrical, ventilation, plumbing, elevator, mechanical, air conditioning or other systems, (iv) require a building or other permit, or (v) diminish the value of the Premises or Building (“Cosmetic Alterations”)this Article 8. Tenant shall, prior to the commencement of any Cosmetic Alterations, deliver to Landlord waivers of liens and proofs of contractor insurance, in form reasonably acceptable to Landlord, from all contractors performing such work and plans indicating the nature of the proposed improvements. Landlord shall not charge a construction supervision fee for Cosmetic Alterations.INITIAL / LANDLORD TENANT

Appears in 1 contract

Samples: Office Lease (Reel Estate Services Inc.)

RESTRICTION ON ALTERATIONS. Except for any Tenant Improvements specifically permitted by this Lease, Tenant shall may make no alteration, repairrepairs, addition additions or improvement improvements in, to or about the Premises (collectively, "Tenant Alterations"), including, without limitation, the installation of any data or telecommunications cable, without the prior written consent of Landlord, which consent shall not be unreasonably withheld or delayedwithheld, and it shall be reasonable for Landlord may impose as a condition to requiresuch consent such requirements as Landlord, among other thingsin its sole discretion, some may deem necessary or all of the following: desirable, including without limitation, (a) the right to approve the plans and specifications for any work; , (b) the right to require supplemental insurance satisfactory to Landlord and naming each of Landlord and Manager as an additional insured; Landlord, (c) the right to require forms security for the full payment for and diligent and faithful performance of waivers of liens prior to commencement of work and/or unconditional lien releases for work completed; any work, (d) satisfactory evidence that Tenant has sufficient funds to pay for such Alterations; (e) requirements as to the manner in which or the time or times at which work may be performed; performed and (fe) the right to approve the contractor or contractors to perform Tenant Alterations. In additionIf Landlord does not respond to Tenant's written request for Tenant Alterations within 30 days of receipt of the request, all Alterations that involve the installation of data or communications cable such request shall be subject to the terms and conditions of the voice and data cabling specifications adopted by Landlord from time to time and delivered to Tenant upon Tenant’s request for the same and subject to removal pursuant to Section 10.2 hereof. Except for Cosmetic Alterations (defined below), any modifications to any Alterations or Tenant Improvements will require the consent of Landlord in accordance with this Section 10.1deemed approved as submitted. All Tenant Alterations shall be compatible with a first class office building complex the Building and completed in accordance with Landlord’s 's requirements and all applicable rules, regulations and requirements of governmental authorities and insurance carriers. The outside appearance, character Landlord does not expressly or use of the Building shall not be affected by any Alteration, and no Alteration shall weaken or impair the structure of the Building or create the potential for unusual expenses to be incurred upon the removal of the Alterations and the restoration of the Premises upon the termination of this Lease. No part of the Building outside of the Premises shall be affected by any Alteration. The proper functioning of the Building Systems and Service Facilities shall not be affected by any Alteration and there shall be no Alteration which interferes with Landlord’s access to the Building Systems or interferes with the moving of Landlord’s equipment to or from the enclosures containing the Building Systems. Tenant shall not be permitted to install and make part of the Premises any materials, fixtures or articles which are subject to liens, conditional sales contracts or chattel mortgages other than trade fixtures, furniture and equipment. Tenant shall reimburse Landlord for its reasonable expenses in reviewing plans and inspecting all Alterations to assure compliance with Landlord’s requirements, including any out­ of-pocket costs for engineering review. In addition, Tenant shall pay Landlord a construction supervision fee equal to five percent (5%) of the cost of all Alterations. Landlord’s review of any such plans or specifications or Alterations shall not constitute an express or implicit implicitly covenant or warranty warrant that any such plans or specifications submitted by Tenant or Alterations to be constructed or as constructed by Tenant are safe or that the same comply with Applicable Lawsany applicable laws, ordinances, codes, rules or regulations. Further, Tenant shall indemnify, protect, defend and hold Landlord Landlord, the Premises, and Landlord's managing agent, if any, harmless from any loss, cost or expense, including reasonable attorneys' fees and costs, based upon or growing out of any alterations or construction undertaken by Tenant or incurred by Landlord as a result of any defects in design, materials or workmanship resulting from Tenant Alterations, except to the extent such defects are caused by Landlord, its agents, servants or employees. If requested by Landlord, . Tenant shall provide Landlord with copies of all contracts, receipts, paid vouchers, and any other documentation (including, without limitation, “as-built” drawings, air/water, balancing reports, permits and inspection certificates) in connection with the construction of such Tenant Alterations. Tenant shall promptly pay all costs incurred in connection with all Tenant Alterations and shall not permit the filing of any mechanic's lien or other lien in connection with any Tenant Alterations. If a mechanic's lien or other lien is filed against the Building or the Premises, Tenant shall discharge or cause to be discharged (by bond or otherwise) such lien within ten (10) days after Tenant receives notice of the filing thereof and shall not allow any such lien to be foreclosed upon. If a mechanic's lien or other lien is filed against the Building or the Premises and Tenant fails to timely discharge such lien. Landlord may, without waiving its rights and remedies based on such breach of Tenant and without releasing Tenant from any of its obligations, cause such liens to be released by any means it shall deem proper, including payment in satisfaction of the claim giving rise to such lien. Tenant shall pay to Landlord within thirty (30) days following notice by Landlord, any sum paid by Landlord to remove such liens, together with interest at Landlord's cost of money from the date of such payment by Landlord. Any increase in any tax, assessment or charge levied or assessed as a result of any Tenant Alterations shall be payable by Tenant. Notwithstanding the foregoing, Tenant shall be permitted, without Landlord’s consent, but upon advance notice and upon compliance in accordance with Landlord’s construction rules and regulations, to make strictly cosmetic, non-structural additions and alterations to the Premises that do not (i) involve the expenditure of more than $25,000.00 in each instance, (ii) affect the exterior appearance of the Premises or Building, (iii) affect the Building’s electrical, ventilation, plumbing, elevator, mechanical, air conditioning or other systems, (iv) require a building or other permit, or (v) diminish the value of the Premises or Building (“Cosmetic Alterations”). Tenant shall, prior to the commencement of any Cosmetic Alterations, deliver to Landlord waivers of liens and proofs of contractor insurance, in form reasonably acceptable to Landlord, from all contractors performing such work and plans indicating the nature of the proposed improvements. Landlord shall not charge a construction supervision fee for Cosmetic AlterationsArticle 8 hereof.

Appears in 1 contract

Samples: Lease Agreement (CLS Holdings USA, Inc.)

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