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Common use of Sprinklers Clause in Contracts

Sprinklers. The sprinkler system originally installed by Owner in the demised premises was installed and will be maintained by Owner in accordance with all applicable laws and regulations, and anything elsewhere in this lease to the contrary notwithstanding, if any bureau, department or official of the federal, state or local government recommend or require the installation of a sprinkler system or that any changes, modifications, alterations, or additional sprinkler heads or other equipment be made or supplied in an existing sprinkler system by reason of Tenant’s business, or the location of partitions, trade fixtures, or other contents of the demised premises, or for any other reason due to Tenant’s operations, or if any such sprinkler system installations, modifications, alterations, additional sprinkler heads or other such equipment, become necessary to prevent the imposition of a penalty or charge against the full allowance for a sprinkler system in the fire insurance rate set by any said Exchange or by any fire insurance company, Tenant shall, at Tenant’s expense, promptly make such sprinkler system installations, changes, modifications, alterations, and supply additional sprinkler heads or other equipment as required whether the work involved shall be structural or non-structural in nature. However, if during the final year of the initial term of this lease, or, if Tenant extends the term of this lease as provided herein, during the final two (2) years of any extension thereof, as the case may be, Tenant shall be required to perform any work under this Article, Tenant shall not be required to pay the cost thereof in an amount greater than a fraction of such cost, the numerator of which shall equal the number of days remaining in the term and the denominator of which shall equal 365.

Appears in 2 contracts

Samples: Lease Agreement (Teavana Holdings Inc), Lease Agreement (Teavana Holdings Inc)

Sprinklers. The Tenant shall be responsible at its cost for the installation, maintenance, operation, repair and replacement of the sprinkler system originally installed by Owner (and all components thereof) serving the Premises in compliance with applicable Laws. If, in Landlord’s discretion, Landlord shall elect to maintain same in writing, Tenant shall pay to Landlord, as Additional Rent hereunder, Landlord’s costs of any sprinkler system maintenance contract for the demised premises was installed Building together with any taxes, permit and will be maintained by Owner in accordance with all applicable laws and regulationsinspection costs, testing, and anything elsewhere in this lease any other expenses incurred with respect to the contrary notwithstandingsprinkler system during the Term within fifteen (15) days of billing therefor by Landlord, provided, that such contribution by Tenant shall not derogate from Tenant’s obligations under this Section with respect to the sprinkler system serving the Premises. Notwithstanding anything contained herein to the contrary, if any bureau, department governmental authority requires or official of the federal, state or local government recommend or require recommends the installation of a sprinkler system or that any changes, modifications, alterations, or additional sprinkler heads or other equipment be made or supplied in an existing sprinkler system by reason of Tenant’s business(collectively, or the location of partitions, trade fixtures, or other contents of the demised premises, or for any other reason due to Tenant’s operations“Sprinkler Alterations”), or if any such sprinkler system installations, modifications, alterations, additional sprinkler heads or other such equipment, Sprinkler Alterations become necessary to prevent the imposition of a penalty or charge against the full allowance for a sprinkler system in the fire insurance rate set by any said Exchange the applicable authority or by any fire insurance companyinsurer, Tenant shall, at Tenant’s expense, promptly make such sprinkler system installationsSprinkler Alterations, changes, modifications, alterations, and supply additional sprinkler heads or other equipment as required whether the work involved shall be structural or non-structural in nature. However, if during the final year of the initial term of this lease, or, if Tenant extends the term of this lease as provided herein, during the final two (2) years of any extension thereof, as the case may be, Tenant nature and shall be required responsible for any increased costs incurred by Landlord with respect to perform any work under this Article, Tenant shall not be required to pay the cost thereof in an amount greater than a fraction of such cost, the numerator of which shall equal the number of days remaining in the term and the denominator of which shall equal 365Sprinkler Alterations.

Appears in 2 contracts

Samples: Lease Agreement (Wayfair Inc.), Lease Agreement (Wayfair LLC)

Sprinklers. The sprinkler system originally installed by Owner in the demised premises was installed and will be maintained by Owner in accordance with all applicable laws and regulations, and anything elsewhere in this lease to the contrary notwithstanding, if any bureau, department or official of the federal, state or local government recommend or require the installation of a sprinkler system or that any changes, modifications, alterations, or additional sprinkler heads or other equipment be made or supplied in an existing sprinkler system by reason of Tenant’s 's particular business, or the location of Tenant's partitions, trade fixtures, or other contents of the demised premises, or for any other reason due . As clarification to Tenant’s operations, or if any such sprinkler system installations, modifications, alterations, additional sprinkler heads or other such equipment, become necessary to prevent the imposition of a penalty or charge against the full allowance for a sprinkler system in the fire insurance rate set by any said Exchange or by any fire insurance companypreceding sentence, Tenant shall, at Tenant’s 's expense, promptly make such sprinkler system installations, changes, modifications, alterations, and supply additional sprinkler heads or other equipment as required necessitated by its particular use of the Premises whether the work involved shall be structural or non-structural in nature. If Tenant's business necessitates additional monitoring, Tenant shall pay to Owner as additional rent, Tenant's portion of the contract price for any additional sprinkler supervisory service and any additional sprinkler alarm service. However, if during the final year of the initial term of this lease, or, if Tenant extends the term of this lease as provided herein, during the final two (2) years year of any extension thereof, as the case may be, Tenant shall be required to perform any work under this Article, Tenant shall not be required to pay the cost thereof in an amount greater than a fraction of such cost, the numerator of which shall equal the number of days remaining in the term and the denominator of which shall equal 3653,650 (plus number of days in extended term). Notwithstanding anything to the contrary contained herein, Owner shall maintain at its expense the sprinkler systems and modify, alter, or change the sprinkler system if required in accordance with all applicable laws and regulations that are not due to or the result of Tenants particular business or wall and fixture locations.

Appears in 1 contract

Samples: Lease Agreement (Thermo Vision Corp)