Common use of Tenant Reimbursement Clause in Contracts

Tenant Reimbursement. If Tenant fails or refuses to complete any repair and/or perform any maintenance that is required under Section 5.1, Landlord may make the repair or perform the maintenance and charge the actual costs of repair or maintenance to Tenant. Landlord will disclose cost of repairs to Tenant in advance of making repairs. Tenant will reimburse such expenditures, together with interest at the rate of 12% per annum from the date of expenditure if reimbursement is not paid upon completion of repairs. Except in the case of an emergency, any repairs, replacements, alterations, and/or other work to be performed by Landlord on, in, and/or around the Premises will be completed so as to interfere with Xxxxxx’s use of the Premises as little as reasonably possible. Tenant will have no right to an abatement of Rent nor any claim against Landlord for any inconvenience or disturbance resulting from Xxxxxxxx’s activities performed in conformance with this Section

Appears in 3 contracts

Samples: Commercial Lease, Commercial Lease, Commercial Lease

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Tenant Reimbursement. If Tenant fails or refuses to complete any repair and/or perform any maintenance that is required under Section 5.1, Landlord may make the repair or perform the maintenance and charge the actual costs of repair or maintenance to Tenant. Landlord will disclose diclose cost of repairs to Tenant in advance of making repairs. Tenant will reimburse such expenditures, together with interest at the rate of 12% per annum from the date of expenditure if reimbursement is not paid upon completion of repairs. Except in the case of an emergency, any repairs, replacements, alterations, and/or other work to be performed by Landlord on, in, and/or around the Premises will be completed so as to interfere with XxxxxxTenant’s use of the Premises as little as reasonably possible. Tenant will have no right to an abatement of Rent nor any claim against Landlord for any inconvenience or disturbance resulting from XxxxxxxxLandlord’s activities performed in conformance with this Section

Appears in 1 contract

Samples: Commercial Lease

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Tenant Reimbursement. If Tenant fails or refuses to complete any repair and/or perform any maintenance that is required under Section 5.1, Landlord may make the repair or perform the maintenance and charge the actual costs of repair or maintenance to Tenant. Landlord will disclose cost of repairs to Tenant in advance of making repairs. Tenant will reimburse such expenditures, together with interest at the rate of 12% per annum from the date of expenditure if reimbursement is not paid upon completion of repairs. Except in the case of an emergency, any repairs, replacements, alterations, and/or other work to be performed by Landlord on, in, and/or around the Premises Building will be completed so as to interfere with XxxxxxTenant’s use of the Premises Building as little as reasonably possible. Tenant will have no right to an abatement of Rent nor any claim against Landlord for any inconvenience or disturbance resulting from XxxxxxxxLandlord’s activities performed in conformance with this Section

Appears in 1 contract

Samples: Commercial Lease

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