Common use of Tenant’s Election to Lease Premises Clause in Contracts

Tenant’s Election to Lease Premises. “AS IS”. Tenant has thoroughly examined and inspected the Premises and has elected to lease the Premises on the terms set forth in the Lease on a strictly “AS IS”, WHERE IS and WITH ALL FAULTS subject to Landlord’s obligation to perform or to contribute toward the cost of any renovation or refurbishment or other work to prepare the Premises for use or occupancy by Tenant under this Lease. Landlord, at its sole cost, shall improve the Premises utilizing building standard materials, based upon a mutually acceptable space plan attached hereto as Exhibit B-1. Said Improvements to consist of the following: Paint throughout including one accent wall Install new flooring (carpet throughout with VCT in kitchen) Install new building standard light fixtures

Tenant’s Election to Lease Premises. “AS IS”. Tenant Txxxxx has thoroughly examined and inspected the Premises and has elected to lease the Premises on the terms set forth in the Lease on a strictly “AS IS”, WHERE IS and WITH ALL FAULTS subject to Landlord’s obligation to perform or to contribute toward the cost of any renovation or refurbishment or other work to prepare the Premises for use or occupancy by Tenant under this Lease. Landlord, at its sole cost, shall improve the Premises utilizing building standard materials, based upon a mutually acceptable space plan attached hereto as Exhibit B-1. Said Improvements to consist of the following: Paint throughout including one accent wall Install new flooring (carpet throughout with VCT in kitchen) Install new building standard light fixtures