Severable Property. Lessee may, at its expense, install, assemble or place on the Premises and remove and substitute any items of machinery, equipment, furniture, furnishings or other personal property used or useful in Lessee's business and trade fixtures described in Schedule A (collectively, the "Severable Property"), and title to same shall remain in Lessee.
Severable Property. Lessee may, at its expense, install, assemble or place on the Premises and remove and substitute any severable property used or useful in Lessee’s business, all as more particularly described in Exhibit D attached hereto and made a part hereof for all purposes (collectively, the “Severable Property”). Upon the written request of Lessee, Lessor will subordinate any of its claims or interests in the Severable Property to the lienholders or lessors of such Severable Property.
Severable Property. Lessee may, at its expense, install, assemble or place on the Premises and remove and substitute any severable property used or useful in Lessee’s business, all as more particularly described in Exhibit D attached hereto and made a part hereof for all purposes (collectively, the “Severable Property”), and all such Severable Property shall be and remain the property of Lessee unless abandoned. Upon the written request of Lessee, Lessor will subordinate any of its claims or interests in the Severable Property to the lienholders or lessors of such Severable Property and provide a collateral access agreement substantially in the form attached hereto and made a part hereof for all purposes as Exhibit E.
Severable Property. 5 Section 3.02. Removal.....................................................5
Severable Property. All apparatus, personal property, trade fixtures, racking, inventory, equipment, machinery, fittings, furniture, furnishings, chattel, materials and supplies located on and used in, or related to Lessee's business, including, but not limited to, overhead cranes mainframe computers, kitchen equipment and telephone and similar systems and articles of personal property of every kind and nature whatsoever, and any additions, replacements, accessions and substitutions thereto or therefor, and all proceeds of all of the foregoing, or any part of the foregoing used or usable in connection with any present or future operation or letting (or subletting) of the Premises or the activities at any time conducted thereon and now or hereafter owned by Lessee or by any sublessee or other person or entity using all or any part of the Premises by, through, or under (or with the express or implied consent of) Lessee. SCHEDULE B BASIC RENT Year Quarterly Payments Annual Total Due Date Amount 1 7/13/2012 $75,281.25 $301,125 10/13/2012 $75,281.25 1/13/2013 $75,281.25 4/13/2013 $75,281.25 2 7/13/2013 $76,787.00 $307,148 10/13/2013 $76,787.00 1/13/2014 $76,787.00 4/13/2014 $76,787.00 3 7/13/2014 $78,322.75 $313,291 10/13/2014 $78,322.75 1/13/2015 $78,322.75 4/13/2015 $78,322.75 4 7/13/2015 $79,889.25 $319,557 10/13/2015 $79,889.25 1/13/2016 $79,889.25 4/13/2016 $79,889.25 5 7/13/2016 $81,487.00 $325,948 10/13/2016 $81,487.00 1/13/2017 $81,487.00 4/13/2017 $81,487.00 6 7/13/2017 $83,116.75 $332,467 10/13/2017 $83,116.75 1/13/2018 $83,116.75 4/13/2018 $83,116.75 7 7/13/2018 $84,779.00 $339,116 10/13/2018 $84,779.00 1/13/2019 $84,779.00 4/13/2019 $84,779.00 8 7/13/2019 $86,474.50 $345,898 10/13/2019 $86,474.50 1/13/2020 $86,474.50 4/13/2020 $86,474.50 9 7/13/2020 $88,204.00 $352,816 10/13/2020 $88,204.00 1/13/2021 $88,204.00 4/13/2021 $88,204.00 10 7/13/2021 $89,968.00 $359,872 10/13/2021 $89,968.00 1/13/2022 $89,968.00 4/13/2022 $89,968.00 28 Extended Term Options Year(s) Annual Increase 11-15 Rental Payments shall be increased annually by 2% over the prior year during this 1st Extended Term
Severable Property. Tenant may, at its expense, install, assemble or place on the Premises, and remove and substitute any additional severable property which is not part of Landlord’s Work and which is used or useful in Tenant’s business (collectively, the “Severable Property”), and all such Severable Property shall be and remain the property of Tenant. Upon the written consent of Tenant, Landlord will subordinate any of its claims or interest in the Severable Property to the lienholders or lessors of such Severable Property and shall provide a collateral access agreement substantially in the form attached hereto as Exhibit E. Tenant may remove the Severable Property at any time during the Term. Subject to Tenant’s rights under Section 26.2 of this Lease, any of Tenant’s Severable Property not removed by Tenant prior to the expiration of the Term shall be considered abandoned and may be sold or otherwise disposed of in accordance with Section 26.2 if not removed within ten (10) days after written notice from Landlord.
Severable Property. Lessee may, at its expense, ------------------ install, assemble or place on the Premises, and remove and substitute any items of machinery, equipment, furniture, furnishings and other personal property used or useful in Lessee's business which is not a fixture under the law of the State of Illinois (the "Severable Property"), and title to same shall remain in Lessee, but in connection therewith Lessee may not remove any material item of the building systems or fixtures except in compliance with Section 2.2 and unless replaced with items of equal or greater utility and value. Lessee's trade fixtures shall be deemed part of the Severable Property.
Severable Property. Lessee may, at its expense, install, assemble or place on the Premises and remove and substitute any trade fixtures, machinery, equipment, furniture, furnishings, inventory or other personal property used or useful in Lessee’s business, and/or personal property owned by third parties, including but not limited to the RTO, all as more particularly described in Exhibit C attached hereto and made a part hereof for all purposes (collectively, the “Severable Property”), and title to same shall remain in Lessee or such third parties. Upon the written request of Lessee, Lessor will confirm in writing that is does not own or claim any interest in the Severable Property.
Severable Property. Tenant may, at its expense, install, assemble or place on the Premises and remove and substitute any items of machinery, equipment, furniture, furnishings or other personal property used or useful in Tenant’s business and trade fixtures described in Exhibit “E”, (collectively, the “Severable Property”), and title to same shall remain in Tenant.
Severable Property. All apparatus, personal property, trade fixtures, inventory, equipment, machinery, fittings, furniture, furnishings, chattel, materials and supplies located on and used in, or related to Lessee’s business, including, but not limited to, overhead cranes mainframe computers, kitchen equipment and telephone and similar systems and articles of personal property of every kind and nature whatsoever, and any additions, replacements, accessions and substitutions thereto or therefor, and all proceeds of all of the foregoing, or any part of the foregoing used or usable in connection with any present or future operation or letting (or subletting) of the Premises or the activities at any time conducted thereon and now or hereafter owned by Lessee or by any sublessee or other person or entity using all or any part of the Premises by, through, or under (or with the express or implied consent of) Lessee. SCHEDULE B PART I THE PRIMARY TERM AND EXTENDED TERMS Commencement Expiration Primary Term: Extended Terms: 1st Extended Term: 2nd Extended Term: 3rd Extended Term: 4th Extended Term: PART II BASIC RENT Years Annual Rental Payments 6-15 As calculated in Section 1.05 of the Lease Agreement Options 16- 20 As calculated in Section 1.05 of the Lease Agreement 21-25 As calculated in Section 1.05 of the Lease Agreement 26-30 As calculated in Section 1.05 of the Lease Agreement AMENDMENT TO AGREEMENT OF PURCHASE AND SALE This AMENDMENT TO AGREEMENT OF PURCHASE AND SALE (this “Amendment”) dated as of July 18, 2008 amends that certain Agreement of Purchase and Sale dated as of May 21, 2008 (as amended, the “Agreement”) by and between UNITED TRUST FUND LIMITED PARTNERSHIP, a Delaware limited partnership (“Purchaser”), and PULASKI BANK, a federally chartered savings bank (“Seller”). For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Seller and Purchaser agree as follows:
