Entry into Premises. Upon at least twenty four (24) hour prior written notice to Tenant, Landlord reserves and shall at all times have the right to enter the Premises to inspect the same to ensure compliance with the covenants, warranties and representations of Tenant under this Lease, to perform any obligation to be performed by Landlord under this Lease, to remedy any Tenant default, to show the Premises to prospective purchasers, investors, Mortgagees, and tenants, and to alter, improve, and repair the Premises, in any case without abatement of Rent, and may for such purposes erect, use, and maintain scaffolding, pipes, conduits, and other necessary structures and open any wall, ceiling, or floor in or through the Premises where reasonably required by the character of the work to be performed; provided that Tenant's entrance to the Premises shall not be blocked and the conduct of Tenant's business at the Premises shall not be interfered with unreasonably. If Landlord damages any portion of any wall or wall-covering, ceiling, or floor or floor-covering within the Premises, then Landlord shall repair or replace the damaged portion to match the original as nearly as commercially reasonable, but shall not be required to repair or replace more than the portion actually damaged. Except as otherwise expressly provided in this Section 11.7, Tenant hereby waives any claim for damages for any injury or inconvenience to or interference with Tenant's business, any loss of occupancy or quiet enjoyment of the Premises, and any other loss occasioned by any action of Landlord authorized by this Section 11.7.
Appears in 1 contract
Sources: Lease Agreement (Innovative Industrial Properties Inc)
Entry into Premises. Upon at least twenty four (24a) hour Landlord shall permit Tenant early entrance to the Premises in order to commence construction of the Tenants Improvements; provided, that the same -------- can be accomplished by Tenant in a manner which not interfere with, or delay Landlord in the completion of, the Base Building Improvements. Any such delay shall constitute a Tenant Delay and shall not be a reason for the extension of or the postponement of the Commencement Date. Landlord shall give Tenant five (5) business days prior notice of such date (the "Entry Date"). If the Entry Date does not occur on or before September 1, 2000 for any reason other than damage described in Section 11.1 (in which case such ------------ Section shall control), Tenant shall have the right to terminate this Lease upon written notice given to Landlord within thirty (30) days after September 1, 2000. In the event of such termination, Tenant shall have the right to recover from Landlord its costs incurred in designing and building its Tenant Improvements (but no other damages) but shall have no further obligation to Landlord other than obligations arising prior to the date of termination.
(b) Landlord shall not be responsible for, and Tenant is required to obtain insurance covering, any loss (including theft), damage or destruction to any work or material installed or stored by Tenant or Landlord, or by any contractor or individual involved in the construction of the Tenant Improvements, or for any injury to Tenant or Tenant's employees, agents, contractors, licensees, directors, officers, partners, trustees, visitors or invitees or to any other person. Landlord shall have the right to post the appropriate notices of non-responsibility and to require Tenant to provide Landlord with evidence that Tenant has fulfilled its obligation to provide insurance pursuant to this Lease. Such insurance shall be commercially reasonable in coverage and amount, including deductibles (which shall be paid by Tenant in the event of a covered loss). All terms and conditions of this Lease shall apply to Tenant's early entry into the Premises except for the payment of Base Rent, Landlord reserves CAM Expenses, Property Taxes and Insurance pursuant to Section 3.1 ----------- below, which will not occur until the time described in such Section. -------
(c) Following the Delivery Date, Tenant shall at all times have the right to enter the Premises for the purposes of completing Tenant Improvements and in order to inspect install its furniture, fixtures and equipment. Tenant's occupancy prior to the same to ensure compliance with the covenants, warranties and representations of Tenant under this Lease, to perform any obligation to Commencement Date shall be performed by Landlord under this Lease, to remedy any Tenant default, to show the Premises to prospective purchasers, investors, Mortgagees, and tenants, and to alter, improve, and repair the Premises, in any case without abatement of Rent, and may for such purposes erect, use, and maintain scaffolding, pipes, conduits, and other necessary structures and open any wall, ceiling, or floor in or through the Premises where reasonably required by the character on all of the work to be performed; provided that Tenant's entrance to the Premises shall not be blocked and the conduct of Tenant's business at the Premises shall not be interfered with unreasonablyterms set forth in Section 2.4(a). If Landlord damages any portion of any wall or wall-covering, ceiling, or floor or floor-covering within the Premises, then Landlord shall repair or replace the damaged portion to match the original as nearly as commercially reasonable, but shall not be required to repair or replace more than the portion actually damaged. Except as otherwise expressly provided in this Section 11.7, Tenant hereby waives any claim for damages for any injury or inconvenience to or interference with Tenant's business, any loss of occupancy or quiet enjoyment of the Premises, and any other loss occasioned by any action of Landlord authorized by this Section 11.7.--------------
Appears in 1 contract
Sources: Office Lease (Homestore Com Inc)
Entry into Premises. Upon at least twenty four (24) hour prior written notice to Tenant, Landlord reserves and shall at all times have the right to enter the Premises to inspect the same to ensure compliance with the covenants, warranties and representations of Tenant under this Lease, to perform any obligation to be performed by Landlord under this Lease, to remedy any Tenant default, to show the Premises to prospective purchasers, investors, Mortgagees, and tenants, and to alter, improve, and repair the Premises, in any case without abatement of Rent, and may for such purposes erect, use, and maintain scaffolding, pipes, conduits, and other necessary structures and open any wall, ceiling, or floor in or through the Premises where reasonably required by the character of the work to be performed; provided that Tenant's ’s entrance to the Premises shall not be blocked and the conduct of Tenant's ’s business at the Premises shall not be interfered with unreasonably. If Landlord damages any portion of any wall or wall-covering, ceiling, or floor or floor-covering within the Premises, then Landlord shall repair or replace the damaged portion to match the original as nearly as commercially reasonable, but shall not be required to repair or replace more than the portion actually damaged. Except as otherwise expressly provided in this Section 11.7, Tenant hereby waives any claim for damages for any injury or inconvenience to or interference with Tenant's ’s business, any loss of occupancy or quiet enjoyment of the Premises, and any other loss occasioned by any action of Landlord authorized by this Section 11.7. Notwithstanding anything contained herein to the contrary, the Landlord acknowledges that its rights of reentry into the Premises as set forth in this Lease do not confer on it the authority to manufacture and/or dispense on the Premises medical marijuana in accordance with Article 33 of the Public Health Law and Landlord further agrees to provide the New York State Department of Health, Mayor E▇▇▇▇▇▇ ▇▇▇▇▇▇▇ 2nd Tower, The Governor N▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇▇ Empire State Plaza, Albany, N.Y. 12237, with notification by certified mail return receipt requested of its intent to reenter the Premises or to initiate dispossess proceedings or that the Lease is due to expire, at least thirty (30) days prior to the date on which the Landlord intends to exercise a right of reentry or to initiate such proceedings or at least sixty (60) days before expiration of this Lease.
Appears in 1 contract
Sources: Purchase Agreement (Innovative Industrial Properties Inc)