Trade Fixtures and Alterations Clause Samples

Trade Fixtures and Alterations. 5.1 Trade Fixtures: Throughout the Lease Term, Tenant may provide and install, and shall maintain in good condition, any Trade Fixtures required in the conduct of its business in the Premises. All Trade Fixtures shall remain Tenant's property. 5.2 Tenant's Alterations: Construction by Tenant of Tenant's Alterations shall be governed by the following: A. Tenant shall not construct any Tenant Alterations or otherwise alter the Premises without Landlord's prior written approval. Tenant shall be entitled, without Landlord's prior approval, to make Tenant Alterations which do not exceed $10,000 in cost and $25,000 in the aggregate within a twelve (12) consecutive month period (the "Permitted Tenant Alterations Limit") and do not affect the structural parts, Building systems, Building exterior, or watertight character of the Project. If Landlord's approval for any Tenant Alterations is required, Tenant shall not construct the Alterations until Landlord has approved in writing the plans and specifications therefor, and such Tenant Alterations shall be constructed substantially in compliance with such approved plans and specifications. All Tenant Alterations constructed by Tenant shall be constructed by a licensed contractor in accordance with all Laws, using new materials of good quality. With respect to Tenant Alterations of whatever character, (i) Landlord shall have no duty to provide a tenant improvement allowance, all costs being the responsibility of Tenant; (ii) Tenant, with Landlord's prior approval (which shall not be unreasonably withheld), shall have the right to choose the architect, engineers, consultants, general contractor, and subcontractors for the design and construction of Tenant Alterations; and (iii) Tenant shall pay to Landlord promptly after completion of construction of Tenant Alterations, an Alteration Operations Fee not to exceed four percent (4%) of the cost of the Tenant Alterations (including architectural and engineering fees) as reimbursement to Landlord for actual costs incurred by Landlord for review of the plans and specifications and additional burdens put on the management and operation of the Project during construction. B. Tenant shall not commence construction of any Tenant's Alterations until (i) all required governmental approvals and permits have been obtained, (ii) all requirements regarding insurance imposed by this Lease have been satisfied, (iii) Tenant has given Landlord at least ten (10) days' prior written notice o...

Trade Fixtures and Alterations. 5.1 TRADE FIXTURES: Throughout the Lease Term, Tenant may provide and install, and shall maintain in good condition, any trade fixtures required in the conduct of its business in the Premises. All trade fixtures shall remain Tenant's property.

Trade Fixtures and Alterations. Following the completion of ▇▇▇▇▇▇'s initial Tenant Improvements, Tenant will not make or allow any additions, alterations, installations, or improvements in or to the Premises (collectively, "Alterations") in excess of Fifty Thousand Dollars ($50,000) in any twelve (12) month period without the prior written consent of Landlord, which will not be unreasonably withheld, delayed or conditioned. Unless Landlord has waived this requirement in writing, with respect to any Alteration, (including the initial Tenant Improvements) Tenant must submit details about design concept, plans and specifications, names of proposed contractors, and financial and other pertinent information about any contractors (including, without limitation, the labor organization affiliation or lack of affiliation of any contractors as reasonably required by Landlord to avoid an actual conflict of labor for work Landlord is conducting on the Real Property or Adjacent Real Property), certificates of insurance to be maintained by ▇▇▇▇▇▇'s contractors, hours of construction, and information promptly and reasonably requested by ▇▇▇▇▇▇▇▇ regarding proposed construction methods, and details about the quality of the proposed work. If Landlord reasonably believes that the cost of the work may exceed ▇▇▇▇▇▇'s ability to perform its obligations hereunder to keep title to the Real Property free of liens arising from such work, Landlord may require evidence of security (such as payment and performance bonds) to assure timely completion of the work by the contractor and payment by the contractor of all costs of the work. For any Alteration that is visible from outside the Premises, the proposed Alteration must, in the reasonable opinion of Landlord, also be architecturally and aesthetically harmonious with the remainder of the Project. If a Notice of Completion is required for the work, Tenant must file it and provide Landlord with a copy. Tenant must provide Landlord with a set of "as-built" drawings for any work.

Trade Fixtures and Alterations. 7 5.1 Trade Fixtures.................................... 7 5.2 Tenant's Alterations.............................. 8 5.3 Alterations Required by Law....................... 8 5.4

Trade Fixtures and Alterations. Metro may, at its option, improve the area described herein with fixtures and appurtenances providing, however, that prior written approval for the same has been obtained from Acme, and said approval shall not be unreasonably withheld. Trade fixtures and equipment brought into the leased premises shall not be considered as improvements, and shall remain the property of Metro subject to removal at the expiration of the lease term, and any extension.

Trade Fixtures and Alterations. A. Trade Fixtures. Throughout the Lease Term, Tenant may provide and install, and shall maintain in good condition, any Trade Fixtures required in the conduct of its business in the Premises. All Trade Fixtures shall remain Tenant’s property and, subject to Tenant’s duty to repair damage caused by such removal, may be removed from the Premises at any time.

Trade Fixtures and Alterations. 5.1 Trade Fixtures 6 5.2 Tenant's Alterations 6 5.3 Alterations Required by Law 7 5.4 Amortization of Certain Capital Improvements 7 5.5 Mechanic's Liens 8 5.6 Taxes on Tenant's Property 8

Trade Fixtures and Alterations. TADL may, at its option, improve the area described herein with fixtures and appurtenances. Trade fixtures and equipment brought into the leased premises shall not be considered as improvements, and shall remain the property of TADL subject to removal at the expiration of the lease term, and any extension. Removal of any fixtures is subject to the provisions of Section 17 of this Lease Agreement.

Trade Fixtures and Alterations. Tenant will not make or allow any additions, alterations, installations, or improvements in or to the Premises (collectively, “Alterations”) without the prior written consent of Landlord, which will not be unreasonably withheld. Unless Landlord has waived this requirement in writing, together with Tenant’s request for approval of any Alteration, Tenant must also submit details about design concept, plans and specifications, names of proposed contractors, and financial and other pertinent information about any contractors (including, without limitation, the labor organization affiliation or lack of affiliation of any contractors), certificates of insurance to be maintained by Tenant’s contractors, hours of construction, proposed construction methods, details about the quality of the proposed work and, if reasonably required by Landlord, evidence of security (such as payment and performance bonds) to assure timely completion of the work by the contractor and payment by the contractor of all costs of the work. For any Alteration that is visible from outside the Building, the proposed Alteration must, in the opinion of Landlord, also be architecturally and aesthetically harmonious with the remainder of the Premises. If a Notice of Completion is required for the work, Tenant must file it and provide Landlord with a copy. Tenant must provide Landlord with a set of “as-built” drawings for any work.