Common use of Additions and Changes Clause in Contracts

Additions and Changes. The Tenant will not be entitled to make any changes, improvements or additions in the premises, whether internal changes or external, without obtaining the Landlord’s consent to do so in advance and in writing (Hereinafter: “Changes and Additions”). In the event the Landlord permits the Tenant to make any changes and additions in the premises the provisions in Section 12.3 to this contract will apply. [Signature] 51 [Signature] Without prejudicing and/or derogating from the provisions above, if and when the Tenant executes and/or carries out in the premises changes and additions and including but not limited to the Tenant’s works in the premises and/or in its systems, then, on the date possession of the premises is returned to the Landlord, for any reason, the Tenant will remove at its expense the changes and additions and will restore the premises to the condition it was in on the day the premises were opened and without the changes and additions, unless the Landlord demands, in writing, that the changes and additions, and/or some of them remain, and in such a case they will become the Landlord’s property and the Tenant will not have any claim and/or demand against the Landlord for the changes and additions and/or for its investment therein.

Appears in 2 contracts

Sources: Offices Lease Agreement (InMode Ltd.), Offices Lease Agreement (InMode Ltd.)