Lessor Work definition
Examples of Lessor Work in a sentence
Lessor shall not be responsible for the interruption or shortage of any services or suspension of the use of any common facilities that were caused by the Lessor Work.
Lessor hereby agrees that any and all Lessor Work and any and all other development, demolition, improvement, partitioning and remodeling of the Property undertaken by Lessor or any of its agents shall not disturb Lessee’s use and enjoyment of the Tully’s Premises nor negatively impact Lessee’s security nor increase Lessee’s costs of security in the Tully’s Premises.
Any costs related to establishment of separate metering shall be considered to be costs of Lessor Work.
All Lessor Work shall be performed in compliance with applicable codes, regulations and laws.
Notwithstanding the foregoing or anything to the contrary herein, Lessee shall not be obligated to perform any Lessor Work or any Lessor Exterior Work (including, without limitation, any repair or maintenance of (x) the Base Building Systems to the extent that they serve the garage, and (y) any electrical, water, sewer and other utility lines that run between the exterior boundary of the Building and the respective utility providers junction box in the public right of way).
Upon the earlier to occur of the completion of the Lessor Work or the end of the interference with the Business of Lessee, (i) Lessee is obligated to resume occupancy of the Leased Premises, and (ii) Lessee shall resume the payments of the next regularly scheduled Rent, Lessor Maintenance Fee, Other Costs and related VAT in accordance with the terms of this Agreement, pro rated, as applicable, for the number of days of any partial month of Rent.
Lessor shall pay for the costs associated with Lessor’s Work, subject to Lessee’s reimbursement to Lessor of fifty percent (50%) of the documented out-of-pocket costs actually incurred by Lessor for that portion of Lessor’s Work described in sub part (ii) above within twenty (20) business days of Lessee’s receipt of the Lessor Work Completion Notice, together with invoices or other documentation supporting such costs.
Lessee shall at all times during the term hereof and at its own expense, keep the Premises in good order, condition and repair, reasonable wear and tear damage and destruction and Lessor Work excepted, including such repairs, and alterations as may be required by fire insurance companies, by law, ordinance or regulation of any public authority relating to the use or occupancy of the Premises or otherwise.
Effective as of the date (the “Expansion Commencement Date”) that occurs two (2) business days after the date of Lessor’s delivery of the Lessor Work Completion Notice (as that term is defined below in Section 5), Lessee shall lease from Lessor and Lessor shall lease to Lessee the Expansion Premises.
Lessee agrees to indemnify, defend and save the Lessor and the Premises harmless from and against any and all claims for mechanics’, materialmen’s or other liens in connection with any work by Lessee, except to the extent such claims are the result of Lessor’s failure to meet its funding obligations under this Lease, in which case Lessor agrees to indemnify, defend and save Lessee and the Premises harmless from and against any and all such claims and for any liens in connection with any Lessor Work.