ALTERATIONS - ADDITIONS Sample Clauses
ALTERATIONS - ADDITIONS. The LESSEE shall not make structural alterations or additions to the leased premises, but may make non-structural alterations provided the LESSOR consents thereto in writing, which consent shall not be unreasonably withheld or delayed. All such allowed alterations shall be at LESSEE's expense and shall be in quality at least equal to the present construction. LESSEE shall not permit any mechanics' liens, or similar liens, to remain upon the leased premises for labor and material furnished to LESSEE or claimed to have been furnished to LESSEE in connection with work of any character performed or claimed to have been performed at the direction of LESSEE and shall cause any such lien to be released of record forthwith without cost to LESSOR. Any alterations or improvements made by the LESSEE shall become the property of the LESSOR at the termination of occupancy as provided herein.
ALTERATIONS - ADDITIONS. (a) During the Term, Lessee shall make all alterations, renovations, modifications, additions or improvements to the Improvements, including, without limitation, construction of new facilities with respect thereto and expansion and rearrangement of the Improvements ("Alterations"), which are required by Applicable Law. In addition, Lessee may make any Alterations (which may include, without limitation, destruction or demolition of existing Improvements) without Lessor's consent, provided that:
(i) the cost of such Alterations (including any related destruction or demolition) is reasonably expected to be less than 15% of Lessor's Purchase Price;
(ii) no Material Default has occurred and is continuing; and
(iii) such Alterations do not decrease (other than to a de minimis extent) the Fair Market Value, expected residual value, condition, utility or remaining economic useful life of the Leased Property below the Fair Market Value, expected residual value, condition, utility or remaining economic useful life of the Leased Property immediately prior to the Alterations, assuming the Leased Property was in the condition required by this Lease, or cause the Leased Property to be characterized as "limited use property" as defined in Revenue Procedure 76-30.
(b) Lessee may also make Alterations (which may include, without limitation, destruction or demolition of existing Improvements), the cost of which are reasonably expected to be equal to or greater than 15% of Lessor's Purchase Price, without Lessor's consent (including, without limitation, Alterations which involve a complete reconstruction of a facility or any part thereof which is included as part of the Leased Property), provided that:
(i) such Alterations do not decrease (other than to a de minimis extent) the Fair Market Value, expected residual value, condition, utility or remaining economic useful life of the Leased Property below the Fair Market Value, expected residual value , condition, utility or remaining economic useful life of the Leased Property immediately prior to the Alterations (assuming the Leased Property was in the condition required by this Lease) or cause the Leased Property to be characterized as "limited use property" as defined in Revenue Procedure 76-30;
(ii) Lessee has delivered to Lessor the plans and specifications relating to the proposed Alteration and an Officer's Certificate which includes an estimate of the cost of such Alterations and states that such Alterations can be comp...
ALTERATIONS - ADDITIONS. The LESSEE shall not make structural alterations or additions to the Leased Premises, but may make non-structural alterations provided the LESSOR consents thereto in writing, which consent shall not be unreasonably withheld or delayed. All such allowed alterations shall be at LESSEE'S expense and shall be in quality at least equal to the present construction. LESSEE shall not permit any mechanics' liens, or similar liens, to remain upon the Leased Premises for labor and material furnished to LESSEE or claimed to have been furnished to LESSEE in connection with work of any character performed or claimed to have been performed at the direction of LESSEE and shall cause any such lien to be released of record forthwith without cost to LESSOR. Any alterations or improvements made by the LESSEE shall become the property of the LESSOR at the termination of occupancy as provided herein. Notwithstanding the foregoing sentence, LESSEE may, at its sole option, submit its plans for any alteration or improvement to LESSOR in writing before installation with a request for removal at LESSEE'S expense upon termination of this lease, and LESSOR'S approval of such request, which may require restoration of damages caused by the removal, shall not be unreasonably withheld or delayed.
ALTERATIONS - ADDITIONS. Tenant shall not make any alteration of or addition to the Premises without the prior written approval of Landlord (except for work of a decorative nature). Such approval shall not be unreasonably withheld for nonstructural interior alterations, provided that (i) no Building systems, structure, or areas outside of the Premises are affected by such proposed alteration, and (ii) reasonably detailed plans and specifications for construction of the work, including but not limited to any and all alterations having any impact on or affecting any electrical systems, telecommunications systems, plumbing, HVAC, sprinkler system and interior walls and partitions, are furnished to Landlord for Landlord’s approval in advance of commencement of any work. All such alterations and additions, as well as all fixtures, equipment, improvements and appurtenances installed in and affixed to the Premises at the inception of this Lease term (but excluding Tenant’s trade fixtures and modular furniture systems) shall, upon installation and at Landlord’s sole option, become and remain the property of Landlord. All such alterations and additions shall be maintained by Tenant in the same manner and order as Tenant is required to maintain the Premises generally and, at Landlord’s option, upon termination of the term hereof, shall be removed at Tenant’s cost without damage to the Premises upon surrender. All alterations and additions by Tenant shall be performed in accordance with the plans and specifications therefor submitted to and approved by Landlord, in a good and workerlike manner and in conformity with all Governmental Requirements. In addition, all such alterations and additions shall be performed at Tenant’s sole cost and expense in strict compliance with the requirements governing work by ▇▇▇▇▇▇’s contractors as set forth below.
ALTERATIONS - ADDITIONS. The LESSEE shall not make structural alterations or additions to the leased premises, but may make non-structural alterations provided the LESSOR consents thereto in writing, which consent shall not be unreasonably withheld or delayed. ▇▇▇▇▇▇ shall not permit any mechanics' liens, or similar liens, to remain upon the leased premises for labor and material furnished to LESSEE or claimed to have been furnished to LESSEE in connection with work of any character performed or claimed to have been performed at the direction of the LESSEE and shall cause any such lien to be released of record forthwith without cost to ▇▇▇▇▇▇. Any alterations or improvements made by the LESSEE shall become the property of the LESSOR at the termination of occupancy as provided herein.
ALTERATIONS - ADDITIONS. Borrower shall not make or cause to be made any alterations of and additions to the Property or any part thereof without prior written consent of Lender, which consent shall not be unreasonably withheld; provided, however, that Borrower may make nonstructural additions to the Property costing less than $1,000,000 per year without ▇▇▇▇▇▇’s consent so long as such additions do not diminish the value of the Property. If Lender consents to any alterations or additions to the Property, such alterations or additions shall be made at Borrower’s sole expense by a licensed contractor and according to the plans and specifications approved by ▇▇▇▇▇▇ and subject to any other conditions required by ▇▇▇▇▇▇. Any work commenced on the Property shall be diligently completed, shall be of good workmanship and materials and shall comply with the terms of this Instrument. Upon the completion of any alterations or additions, Borrower shall promptly provide Lender with (a) evidence of full payment to all laborers, materialmen contributing to the alterations or additions, (b) an architect’s certificate certifying the alterations conform to the plans and specification approved by ▇▇▇▇▇▇, (c) a certificate of occupancy (if such alterations or additions require the issuance thereof) and (d) any other documents or information reasonably requested by Lender.
ALTERATIONS - ADDITIONS. The LESSEE shall not make structural alterations or --------------------- additions to the leased premises, but may make nonstructural alterations, provided the LESSOR consents thereto in writing. All such allowed alterations shall be at LESSEE's expense and shall be of good workmanlike quality. The parties agree and acknowledge that the LESSEE may make the alterations and improvements described on the list attached hereto as Exhibit A. LESSEE shall not permit any mechanics' liens or similar liens to remain upon the leased premises for labor and material furnished to LESSEE or claimed to have been furnished to LESSEE in connection with work of any character performed or claimed to have been performed at the direction of LESSEE, and shall cause any such lien to be released of record forthwith without cost to LESSOR. Any alterations or improvements made by the LESSEE shall become the property of the LESSOR at the termination of occupancy as provided herein. Notwithstanding the provisions of this paragraph and paragraph 21, if required by the LESSOR when this lease terminates, the LESSEE agrees to re-install the truck docks as they were on June 20, 1998.
ALTERATIONS - ADDITIONS. The LESSEE shall not make structural alterations or additions to the Leasehold. Beginning with the Rate Commencement Date, LESSEE may make nonstructural alterations provided the LESSOR consents thereto in writing, which consent shall not be unreasonably withheld, conditioned or delayed, except as otherwise provided in this Lease. LESSEE shall obtain all necessary governmental permits. All such allowed alterations shall be at LESSEE’S expense and shall be in quality at least equal to the present construction. LESSEE shall not permit any mechanics’ liens, or similar liens, to remain upon the Leasehold for labor and material furnished to LESSEE or claimed to have been furnished to LESSEE in connection with work or character performed or claimed to have been performed at the direction of LESSEE and shall cause any such lien to be released of record forthwith without cost to LESSOR.
ALTERATIONS - ADDITIONS. Tenant may make non-structural alterations, ------------------------ provided the Owner consents thereto in writing if the cost of the alteration will exceed $10,000, which consent shall not be unreasonably withheld or delayed. All such allowed alterations shall be at Tenant's expense and shall be of workmanlike quality. Tenant shall not permit any mechanic's liens, or similar liens to remain upon the leased premises for labor and material furnished to Tenant or claimed to have been furnished to Tenant in connection with work of any character performed or claimed to have been performed at the direction of the Tenant and shall cause any such lien to be released of record forthwith without cost to the Owner. Any alterations or improvements made by the Tenant shall become the property of the Owner at the termination of occupancy as provided herein.
ALTERATIONS - ADDITIONS. The Licensee shall not make any alterations or additions to the office or laboratory (including any wiring or cabling in the walls or any conduit) without the prior written consent of BioLabs and shall never make structural alterations or additions. All allowed alterations shall be at Licensee’s expense and shall be in quality at least equal to the present construction. Licensee shall not permit any mechanics’ liens, or similar liens, to remain upon the licensed premises for labor and material furnished to Licensee or claimed to have been furnished to Licensee in connection with work of any character Services Agreement performed or claimed to have been performed at the direction of Licensee and shall cause any such lien to be released of record forthwith without cost to BioLabs or the Landlords. If requested by BioLabs or by the Landlords, Licensee shall remove any alterations or additions prior to expiration of or earlier termination of this Agreement, and repair and restore all areas or elements affected by such alterations or additions (or by the removal there) to their former condition. Any alterations or improvements made by the Licensee which are not requested to be removed shall become the property of BioLabs and the Landlords upon termination of this Agreement.