Improvements, Alterations and Additions. TENANT shall not make any alterations, additions, or improvements to or of the PREMISES or any part thereof without the written consent of LANDLORD first had and obtained: and any alterations, additions or improvements to or of said PREMISES, excepting movable furniture and trade fixtures, shall on the expiration of the term, become a part of the realty and belong to the LANDLORD and shall be surrendered with the PREMISES. In the event LANDLORD consents to the making of any alterations, additions, or improvements to the PREMISES by TENANT, the same shall be made by TENANT at TENANT’S sole cost and expense, and any contract or person selected by TENANT to make the same must first be approved of, in writing, by the LANDLORD. TENANT has requested that LANDLORD provide additional office space in ▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇. Within 90 days of the effective date of this lease, LANDLORD will present a plan and cost estimate for the additional office space based on LANDLORD’S understanding of TENANT'S requirements. Upon written approval of the plan by TENANT and issuance of a building permit for the improvements, LANDLORD will cause construction of the additional office space in accordance with the plan. Prior to construction, LANDLORD and TENANT will amend this lease to adjust the rent to recover the costs of construction and financing over the remaining initial term of the lease. Any additional costs due to changes requested by TENANT after written approval of the plan will be the financial responsibility of TENANT. Such additional costs will be payable when incurred. After completion of this planned construction, TENANT will be responsible for any other improvements or additions and will be governed by the requirements of this section. TENANT accepts the PREMISES in “as is” condition including alterations, additions, improvements, and pre-existing damage made or accepted by the previous tenant and assumes all responsibility and expense for removal and repair as required by LANDLORD . Upon the expiration or sooner termination of the term hereof, TENANT shall, upon written demand by LANDLORD, given at least thirty (30) days prior to the end of the term, at TENANT’S sole cost and expense, forthwith remove any such alterations, additions, or improvements designated by LANDLORD and repair any damage to the PREMISES caused by such removal.
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Sources: Commercial Space Lease (Chapeau Inc)
Improvements, Alterations and Additions. TENANT Tenant shall not make or allow to be made any alterations or physical additions in or to the Leased Premises which affect the structure or any other improvements in excess of the amount stated in the Specific Lease Provisions without first obtaining the written consent of Landlord. All work shall be done by contractors approved by Landlord. Landlord's approval or consent shall not be unreasonably withheld or delayed and approval shall state if the alterations or physical additions shall be removed or reinstalled by Tenant upon the Expiration Date. Any and all such alterations, physical additions, or improvements, when made to the Leased Premises by Tenant, shall at once become the property of Landlord and shall be surrendered to Landlord upon the termination of this Lease Agreement by lapse of time or otherwise unless agreed to otherwise in the required Landlord's approval above; provided, however, this clause shall not apply to movable equipment or furniture owned by Tenant. Tenant shall comply with all government, local building code and permitting requirements and provide Landlord with evidence of compliance. Tenant shall give Landlord written notice five (5) days prior to employing any laborer or contractor to perform work on the Leased Premises so that Landlord may post a notice of nonresponsibility if allowed by law. Landlord reserves the right to require Tenant, at Tenant's expense, to remove such alterations, physical additions, or improvements to or of the PREMISES or any part thereof without the written consent of LANDLORD first had and obtained: and any alterations, additions or improvements to or of said PREMISES, excepting movable furniture and trade fixtures, shall on the expiration of the term, become a part of the realty and belong to the LANDLORD and shall be surrendered with the PREMISES. In the event LANDLORD consents to the making of any alterations, additions, or improvements to the PREMISES by TENANT, the same shall be made by TENANT at TENANT’S sole cost and expense, and any contract or person selected by TENANT to make the same must first be approved of, in writing, by the LANDLORD. TENANT has requested that LANDLORD provide additional office space in ▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇. Within 90 days of the effective date upon termination of this lease, LANDLORD will present a plan Lease Agreement and cost estimate for the additional office space based on LANDLORD’S understanding of TENANT'S requirements. Upon written approval of the plan by TENANT and issuance of a building permit for the improvements, LANDLORD will cause construction of the additional office space in accordance with the plan. Prior to construction, LANDLORD and TENANT will amend this lease to adjust the rent to recover the costs of construction and financing over the remaining initial term of the lease. Any additional costs due to changes requested by TENANT after written approval of the plan will be the financial responsibility of TENANT. Such additional costs will be payable when incurred. After completion of this planned construction, TENANT will be responsible for any other improvements or additions and will be governed by the requirements of this section. TENANT accepts the PREMISES in “as is” condition including alterations, additions, improvements, and pre-existing damage made or accepted by the previous tenant and assumes all responsibility and expense for removal and repair as required by LANDLORD . Upon the expiration or sooner termination of the term hereof, TENANT shall, upon written demand by LANDLORD, given at least thirty (30) days prior to the end of the term, at TENANT’S sole cost and expense, forthwith remove any such alterations, additions, or improvements designated by LANDLORD and repair any damage to the PREMISES caused by such removal. Landlord hereby consents to the improvements and alterations set forth and/or shown on Exhibit "C" attached hereto, which shall be performed ( if at all) at Tenant's sole cost and expense and shall not be required to be removed or reinstalled upon the Expiration Date.
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