Common use of Demising Work Clause in Contracts

Demising Work. Tenant hereby acknowledges and agrees that Landlord shall, at Landlord’s sole cost and expense, separately demise the Initial Termination Space from the remaining Premises (the “Initial Demising Work”), in which event (i) Landlord shall be permitted to complete the Initial Demising Work during normal business hours, without any obligation to pay overtime or other premiums, (ii) the completion of the Initial Demising Work shall in no way constitute a constructive eviction of Tenant nor entitle Tenant to any abatement of rent under the Lease, as hereby amended, or entitle Tenant to any other damages of any kind. Landlord shall use commercially reasonable efforts to match the Tenant’s existing finishes in the Premises. In addition, Landlord shall use commercially reasonable efforts to not interfere with Tenant’s use of the Premises. Other than such Initial Demising Work, Tenant hereby acknowledges and agrees that Landlord have no obligation to repair, remodel, alter or otherwise modify the Premises, and Tenant shall continue to accept the Premises in its currently existing, “as-is” condition.

Demising Work. Tenant hereby acknowledges and agrees that Landlord shall, at Landlord’s sole cost and expense, separately demise the Initial Second Termination Space from the remaining Premises (the “Initial Second Termination Space Demising Work”), in which event (i) Landlord shall be permitted to complete the Initial Second Termination Space Demising Work during normal business hours, without any obligation to pay overtime or other premiums, (ii) the completion of the Initial Second Termination Space Demising Work shall in no way constitute a constructive eviction of Tenant nor entitle Tenant to any abatement of rent under the Lease, as hereby amended, or entitle Tenant to any other damages of any kind. Landlord shall use commercially reasonable efforts to match the Tenant’s existing finishes in the Premises. In addition, Landlord shall use commercially reasonable efforts to not interfere with Tenant’s use of the Premises. Other than such Initial Second Termination Space Demising Work, Tenant hereby acknowledges and agrees that Landlord have no obligation to repair, remodel, alter or otherwise modify the Premises, and Tenant shall continue to accept the Premises in its currently existing, “as-is” condition.