Common use of Alteration of Premises Clause in Contracts

Alteration of Premises. Tenant shall not alter or change the Premises at a cost in excess of $25,000.00 (“Tenant Repairs”) without the prior written consent of Landlord which shall not be unreasonably withheld, provided, however, that (i) such alterations are non-structural in nature, and (ii) Tenant provides Landlord prior written notice of its intent to make such alterations together with plans and specifications for the same. All alterations, improvements or changes shall remain a part of and be surrendered with the Premises, unless Landlord directs its removal at the time Tenant requests Landlord’s consent for such alteration.

Appears in 2 contracts

Sources: Lease Agreement, Lease Agreement (Truck Hero, Inc.)