Common use of Improvements and Fixtures Clause in Contracts

Improvements and Fixtures. Section 22.01 Any and all portions of the Building, all other improvements on the Real Property at the Commencement Date and all fixtures on the Demised Premises at the Commencement Date shall be the property of Landlord. In the event that Tenant installs or erects fixtures or improvements to the Demised Premises after the Commencement Date, such fixtures or improvements (except those referenced in Section 22.02 which can be removed without damage to the Demised Premises) shall at the expiration or earlier termination of the Lease, become the property of Landlord and remain upon and be surrendered with the Demised Premises. Notwithstanding the foregoing provisions, Tenant shall be liable for all property taxes, assessments, and similar charges assessed against or allocable to any fixtures or equipment at the Demised Premises (irrespective of whether such fixtures are owned by Landlord or Tenant) and which are attributable to any period of time during the Lease Term. Section 22.02 Moveable trade fixtures (except the Landlord’s Equipment, as defined in Section 22.03), furnished or installed by Tenant on the Demised Premises, shall be and remain the property of Tenant and may be removed by Tenant or others entitled to remove same at any time during the Lease Term provided that Tenant is not in default of this Lease, provided that such removal shall in no way affect Tenant’s covenants with respect to the operation of the Demised Premises pursuant to Section 3.09. Tenant shall repair all damage to the Demised Premises caused by removal of any such trade fixtures by Tenant or its subtenants, licensees or mortgagees. Upon default of this Lease by Tenant, Landlord shall have the option to purchase any or all of such trade fixtures, and equipment for $1.00, which option is assignable by Landlord. Section 22.03 During the Lease Term, Tenant shall be entitled to use Landlord’s equipment (“Landlord’s Equipment”) in Tenant’s operations at the Demised Premises. Landlord’s Equipment shall include the following items located at each Demised Premises on the Commencement Date: walk-in coolers/refrigerators, freezers, HVAC equipment and hoods. Tenant shall keep the Landlord’s Equipment in good working order and repair (normal wear and tear, casualty and condemnation excepted), shall not remove Landlord’s Equipment from the Demised Premises and shall not permit any lien or other encumbrance to attach to Landlord’s Equipment. Tenant shall keep the equipment insured and shall be responsible for any casualty or other loss to Landlord’s Equipment or occasioned by Landlord’s Equipment. Tenant may, from time to time, retire or replace Landlord’s Equipment with new items of equipment purchased by Tenant, in which event such replaced items of Equipment shall become Landlord’s Equipment.

Improvements and Fixtures. Section 22.01 Any and all portions of the Building, all other improvements on the Real Property at the Commencement Date and all fixtures on the Demised Premises at the Commencement Date shall be the property of Landlord. In the event that Tenant installs or erects fixtures or improvements to the Demised Premises after the Commencement Date, such fixtures or improvements (except those referenced in Section 22.02 which can be removed without damage to the Demised Premises) shall at the expiration or earlier termination of the Lease, become the property of Landlord and remain upon and be surrendered with the Demised Premises. Notwithstanding the foregoing provisions, Tenant shall be liable for all property taxes, assessments, and similar charges assessed against or allocable to any fixtures or equipment at the Demised Premises (irrespective of whether such fixtures are owned by Landlord or Tenant) and which are attributable to any period of time during the Lease Term. This Section 22.01 is subject to Section 22.02 below such that the foregoing shall not be deemed to apply to Tenant's moveable trade fixtures. Section 22.02 Moveable trade fixtures (except the Landlord’s Equipment, as defined in Section 22.03), furnished or installed by Tenant and/or located on the Demised PremisesPremises (including those items generally described on Exhibit B hereto), shall be and remain the property of Tenant and may be removed by Tenant or others entitled to remove same at any time during the Lease Term provided that Tenant is not in default of this Lease, provided and that such removal shall in no way affect Tenant’s 's covenants with respect to the operation of the Demised Premises pursuant to Section 3.09. Such moveable trade fixtures shall include all personal property located on the Demised Premises in which Tenant has any interest, excluding only Landlord's Equipment (as defined in Section 22.03 below). Tenant shall repair all damage to the Demised Premises caused by removal of any such trade fixtures by Tenant or its subtenants, licensees or mortgagees. Upon default of this Lease by Tenant, Landlord shall have the option to purchase any or all of such trade fixtures, and equipment for $1.00, which option is assignable by Landlord. Section 22.03 During . Landlord hereby acknowledges that certain of the moveable trade fixtures are subject to liens in favor of SunTrust Bank, Atlanta, as collateral agent under a Participation Agreement dated as of September 24, 1997 ("Equipment Lease"). Landlord hereby agrees that any statutory or contractual lien it may hold in the moveable trade fixtures and equipment subject to the Equipment Lease Termliens are hereby subordinated to such liens and such liens are hereby consented to by Landlord. If any of Tenant's trade fixtures or equipment after the date hereof become subject to the lien of an institutional lender, Tenant Landlord will subordinate any statutory or contractual lien it may hold to such trade fixtures or equipment to the lien of such lender, if such lender agrees, in form reasonably acceptable to Landlord, to sell to Landlord, at Landlord's election, the trade fixtures and equipment at one or more of the Real Properties at Liquidation Value upon foreclosure or other acquisition by such lender of the trade fixtures or equipment. For purposes hereof, Liquidation Value shall be entitled to use the value of the assets if sold at public auction, as established by the average of the two closest appraisals in dollar amount made by three qualified appraisers, one selected by Landlord’s equipment , one selected by such lender and the third selected by the two (“Landlord’s Equipment”2) appraisers so selected. A qualified appraiser is an appraiser with at least five (5) years experience in Tenant’s operations at the Demised Premises. Landlord’s Equipment shall include the following items located at each Demised Premises on the Commencement Date: walk-in coolers/refrigerators, freezers, HVAC evaluating restaurant equipment and hoodsassets, who has no relationship to either Landlord or the lender. Tenant shall keep The cost of the Landlord’s Equipment in good working order and repair (normal wear and tear, casualty and condemnation excepted), shall not remove Landlord’s Equipment from the Demised Premises and shall not permit any lien or other encumbrance to attach to Landlord’s Equipment. Tenant shall keep the equipment insured and appraisal process shall be responsible for any casualty or other loss to Landlord’s Equipment or occasioned shared equally by Landlord’s Equipment. Tenant may, from time to time, retire or replace Landlord’s Equipment with new items of equipment purchased by Tenant, in which event such replaced items of Equipment shall become Landlord’s EquipmentLandlord and lender.

Improvements and Fixtures. Section 22.01 Any (a) All improvements, including all structures, pylons and all portions of monuments located upon the Building, all other improvements on the Real Property at the Commencement Date and all fixtures on the Demised Premises at the Commencement Date shall be are the property of Landlord. In the event that Landlord and will be surrendered to Landlord by Tenant installs or erects fixtures or improvements to the Demised Premises after the Commencement Date, such fixtures or improvements (except those referenced in Section 22.02 which can be removed without damage to the Demised Premises) shall at upon the expiration or earlier termination of this Lease. (b) Tenant, at its own expense, may provide, install and shall maintain its own “trade fixtures and equipment” and shall also maintain all fixtures and equipment existing at the LeasePremises on the Commencement Date, become however, Tenant may substitute for and alter the same to enable it to conduct its business on the Premises in a good and business-like manner. Any and all fixtures and equipment existing on the day immediately preceding the Commencement Date and all Tenant replacements thereof shall remain (and become, as applicable) the property of Landlord and remain upon and be surrendered with the Demised Premises. Notwithstanding the foregoing provisions, Tenant shall be liable for all property taxes, assessments, and similar charges assessed against or allocable to any fixtures or equipment at the Demised Premises (irrespective of whether such fixtures are owned by Landlord or Tenant) and which are attributable to any period of time during the Lease Term. Section 22.02 Moveable trade fixtures (except the Landlord. Tenant’s Equipmentsubsequently acquired personal property, as defined trade fixtures, fixtures and equipment (not in Section 22.03), furnished or installed by Tenant on the Demised Premises, replacement of Landlord’s) shall be and remain the property of Tenant. The Tenant and may be removed by Tenant remove its property or others entitled to remove same any part thereof at any time during the Lease Term provided that Tenant is not in default term of this Lease, provided that such removal and Tenant shall in no way affect Tenant’s covenants with respect to remove all of its trade fixtures and equipment upon the operation expiration or earlier termination of the Demised Premises pursuant to Section 3.09this Lease. Tenant shall repair all repair, at its expense, any damage to the Demised Premises caused by the removal of any such said personal property, trade fixtures or equipment by Tenant or its subtenants, licensees or mortgagees. Upon default of Tenant. (c) Notwithstanding anything in this Lease by Tenant, Landlord shall have to the option to purchase any or all of such trade fixtures, and equipment for $1.00, which option is assignable by Landlord. Section 22.03 During the Lease Termcontrary, Tenant shall not be entitled to use Landlord’s remove any fixtures and equipment (“Landlord’s Equipment”) now or hereafter installed in Tenant’s operations at the Demised Premises. Landlord’s Equipment shall include the following items located at each Demised Premises or on the Commencement DatePremises that is an integral part of the Building and Building operation, including, without limitation, heating, ventilating and air conditioning systems, and electrical and plumbing fixtures and systems; and, if any, and if not leased by Tenant: walk-in coolers/refrigeratorsback up generators, freezersfire suppression sprinkler system, HVAC equipment and hoodssecurity system; all of which shall be deemed part of the Premises and remain (and become, as applicable) the property of Landlord. Tenant shall keep the Landlord’s Equipment in good working order and repair (normal wear and tear, casualty and condemnation excepted), shall not remove Landlord’s Equipment Expressly excluded from the Demised Premises type of fixtures and shall equipment intended to be covered by this Section 5(c) are fixtures and equipment that are installed by Tenant for the conduct of its business in particular and thereby a trade fixture or equipment type described in Section 5(b) and not permit any lien or other encumbrance to attach to Landlord’s Equipment. Tenant shall keep the equipment insured and shall be responsible generally required for any casualty or other loss to Landlord’s Equipment or occasioned by Landlord’s Equipment. Tenant may, from time to time, retire or replace Landlord’s Equipment with new items of equipment purchased by Tenant, in which event such replaced items of Equipment shall become Landlord’s Equipmentnormal building operations.

Improvements and Fixtures. Section 22.01 Any and all portions of the Building, all other improvements on the Real Property at the Commencement Date and all fixtures Building Equipment on the Demised Premises Property at the Commencement Date shall be the property of LandlordLandlord (excluding the trade fixtures and the Restaurant Equipment). In the event that Tenant installs or erects fixtures or improvements to the Demised Premises Property after the Commencement DateDate (excluding the trade fixtures and Restaurant Equipment), such fixtures or improvements (except those referenced in Section 22.02 which can be removed without damage to the Demised Premises) shall at the expiration or earlier termination of the Lease, become the property of Landlord and remain upon and be surrendered with the Demised PremisesProperty. Notwithstanding the foregoing provisions, Tenant shall be liable for all property taxes, assessments, and similar charges assessed against or allocable to any fixtures or equipment at the Demised Premises Property (irrespective of whether such fixtures items are Building Equipment owned by Landlord or Restaurant Equipment or other personal property of Tenant) and which are attributable to any period of time during the Lease Term. Section 22.02 Moveable trade fixtures (except the Landlord’s Equipment, as defined in Section 22.03), furnished or installed by Tenant on the Demised Premises, shall be and remain the property of Tenant and may be removed by Tenant or others entitled to remove same at any time during the Lease Term provided that Tenant is not in default of this Lease, provided that such removal shall in no way affect Tenant’s covenants with respect to the operation of the Demised Premises pursuant to Section 3.09. Tenant shall repair all damage to the Demised Premises caused by removal of any such trade fixtures by Tenant or its subtenants, licensees or mortgagees. Upon default of this Lease by Tenant, Landlord shall have the option to purchase any or all of such trade fixtures, and equipment for $1.00, which option is assignable by Landlord. Section 22.03 During the Lease Term, Tenant shall be entitled to use Landlord’s equipment (“Landlord’s Equipment”) the Building Equipment in Tenant’s operations at the Demised PremisesProperty. Landlord’s Equipment shall include the following items located at each Demised Premises on the Commencement Date: walk-Except as otherwise provided in coolers/refrigeratorsSection 22.04, freezers, HVAC equipment and hoods. Tenant shall keep the Landlord’s Building Equipment in good working order and repair (normal wear and tear, casualty and condemnation excepted)repair, shall not remove Landlord’s the Building Equipment from the Demised Premises Property and shall not permit any lien or other encumbrance to attach to Building Equipment except any such liens that are being contested by Tenant in good faith by appropriate proceedings and that have been bonded over by Tenant to the commercially reasonable satisfaction of Landlord or for which Tenant provides alternative security to the commercially reasonable satisfaction of Landlord’s Equipment. Tenant shall keep (or cause to be kept) the equipment Building Equipment insured and shall be responsible for any casualty or other loss to Landlord’s Building Equipment or occasioned by Landlord’s Building Equipment. Tenant may, from time to time, retire or replace Building Equipment with new or comparable items of equipment purchased by Tenant, in which event such replaced equipment shall constitute Building Equipment. All Building Equipment shall be the property of Landlord, and Tenant shall execute such instruments and documents as Landlord may reasonably require to evidence such ownership by Landlord. (a) Without limiting Landlord’s rights or Tenant’s obligations in subsection (b), Tenant shall deliver to Landlord within thirty (30) days following Tenant’s receipt of Landlord’s written request (i) to the extent in Tenant’s possession and/or control, a complete listing of all Restaurant Equipment, which may be in electronic format, to the extent not previously delivered to Landlord, and (ii) any fixed asset report relating to the Restaurant Equipment in Tenant’s possession and/or control, to the extent not previously delivered to Landlord; provided that Landlord shall have the right to deliver such request not more than one time in any 12 month period during the Lease Term and provided that Tenant’s delivery of such information in (i) and (ii) shall be without any representation or warranty as to such information’s accuracy or completeness. (b) At any time during the occurrence of any Event of Default, and during the occurrence of any Default caused by the failure of Tenant to pay any amount as and when due from Tenant under the Lease, and within ninety (90) days before the expiration of the Lease Term, Tenant shall deliver to Landlord immediately following Tenant’s receipt of Landlord’s written request (i) to the extent in Tenant’s possession and/or control, a complete listing of all Restaurant Equipment, which may be in electronic format, to the extent not previously delivered to Landlord, and (ii) any fixed asset report relating to the Restaurant Equipment in Tenant’s possession and/or control, to the extent not previously delivered to Landlord; provided that Tenant’s delivery of such information in (i) and (ii) shall be without any representation or warranty as to such information’s accuracy or completeness. (c) Without limiting Article XX, at any time during the Lease Term, upon not less than forty-eight hours’ prior written notice to Tenant, Landlord may enter upon the Demised Property at reasonable hours to inspect and inventory the Restaurant Equipment provided that (i) such inspection and inventory shall not unreasonably interfere with Tenant’s ability to conduct its business operations at the Demised Property, (ii) Landlord shall have the right to such inspection and inventory not more than one time in any 12 month period during the Lease Term, (iii) at Tenant’s option, such inspection and inventory shall not be conducted during normal business hours and Tenant may provide an escort for Landlord during any such inspection and inventory (provided further that Landlord’s right to such inspection and inventory shall not be subject to the availability or presence of any such escort), and (iv) Landlord shall promptly pay the costs of any damage caused by Landlord and/or its agents to any Restaurant Equipment in connection with such inspection and inventory. (d) Without limiting Article XX, at any time during the occurrence of any Event of Default or any Default in connection with any payment due and payable by Tenant under the Lease and within ninety (90) days before the expiration of the Lease Term, Landlord may enter (without any notice) upon the Demised Property to inspect and inventory the Restaurant Equipment; provided that (i) such inspection and inventory shall not unreasonably interfere with Tenant’s ability to conduct its business operations at the Demised Property, (ii) at Tenant’s option, such inspection and inventory shall not be conducted during normal business hours and Tenant may provide an escort for Landlord during any such inspection and inventory (provided further that Landlord’s right to such inspection and inventory shall not be subject to the availability or presence of any such escort), and (iii) Landlord shall promptly pay the costs of any damage caused by Landlord and/or its agents to any Restaurant Equipment in connection with such inspection and inventory. (e) Tenant shall not commit waste with respect to the Restaurant Equipment located in the Demised Property and shall not remove the Restaurant Equipment from the Demised Property (except to the extent it is replaced by equipment of equal or greater quality and utility). Tenant shall keep the Restaurant Equipment insured and shall be responsible for any casualty or other loss to Restaurant Equipment or occasioned by Restaurant Equipment. Tenant may, from time to time, retire or replace Restaurant Equipment with new items of equipment purchased by Tenant, in which event such replaced items of Equipment equipment shall become Landlord’s constitute Restaurant Equipment. (f) Landlord shall execute and deliver a lien waiver agreement in form and substance commercially reasonably satisfactory to Landlord to any lender of the Restaurant Equipment.

Improvements and Fixtures. Section 22.01 Any and all portions of the Building, all other improvements on the Real Property at the Commencement Date and all fixtures on the Demised Premises at the Commencement Date shall be the property of Landlord. In the event that Tenant installs or erects fixtures or improvements to the Demised Premises after the Commencement Date, such fixtures or improvements (except those referenced in Section 22.02 which can be removed without damage to the Demised Premises) shall at the expiration or earlier termination of the Lease, become the property of Landlord and remain upon and be surrendered with the Demised Premises. Notwithstanding the foregoing provisions, Tenant shall be liable for all property taxes, assessments, and similar charges assessed against or allocable to any fixtures or equipment at the Demised Premises (irrespective of whether such fixtures are owned by Landlord or Tenant) and which are attributable to any period of time during the Lease Term. This Section 22.01 is subject to Section 22.02 below such that the foregoing shall not be deemed to apply to Tenant's moveable trade fixtures. Section 22.02 Moveable trade fixtures (except the Landlord’s Equipment, as defined in Section 22.03), furnished or installed by Tenant and/or located on the Demised PremisesPremises (including those items generally described on Exhibit B hereto), shall be and remain the property of Tenant and may be removed by Tenant or others entitled to remove same at any time during the Lease Term provided that Tenant is not in default of this Lease, provided and that such removal shall in no way affect Tenant’s 's covenants with respect to the operation of the Demised Premises pursuant to Section 3.09. Such moveable trade fixtures shall include all personal property located on the Demised Premises in which Tenant has any interest, excluding only Landlord's Equipment (as defined in Section 22.03 below). Tenant shall repair all damage to the Demised Premises caused by removal of any such trade fixtures by Tenant or its subtenants, licensees or mortgagees. Upon default of this Lease by Tenant, Landlord shall have the option to purchase any or all of such trade fixtures, and equipment for $1.00, which option is assignable by Landlord. Section 22.03 During . If any of Tenant's trade fixtures or equipment after the Lease Termdate hereof become subject to the lien of an institutional lender, Tenant Landlord will subordinate any statutory or contractual lien it may hold to such trade fixtures or equipment to the lien of such lender, if such lender agrees, in form reasonably acceptable to Landlord, to sell to Landlord, at Landlord's election, the trade fixtures and equipment at the Real Property at Liquidation Value upon foreclosure or other acquisition by such lender of the trade fixtures or equipment. For purposes hereof, Liquidation Value shall be entitled to use the value of the assets if sold at public auction, as established by the average of the two closest appraisals in dollar amount made by three qualified appraisers, one selected by Landlord’s equipment , one selected by such lender and the third selected by the two (“Landlord’s Equipment”2) appraisers so selected. A qualified appraiser is an appraiser with at least five (5) years experience in Tenant’s operations at the Demised Premises. Landlord’s Equipment shall include the following items located at each Demised Premises on the Commencement Date: walk-in coolers/refrigerators, freezers, HVAC evaluating restaurant equipment and hoodsassets, who has no relationship to either Landlord or the lender. Tenant shall keep The cost of the Landlord’s Equipment in good working order and repair (normal wear and tear, casualty and condemnation excepted), shall not remove Landlord’s Equipment from the Demised Premises and shall not permit any lien or other encumbrance to attach to Landlord’s Equipment. Tenant shall keep the equipment insured and appraisal process shall be responsible for any casualty or other loss to Landlord’s Equipment or occasioned shared equally by Landlord’s Equipment. Tenant may, from time to time, retire or replace Landlord’s Equipment with new items of equipment purchased by Tenant, in which event such replaced items of Equipment shall become Landlord’s EquipmentLandlord and lender.

Improvements and Fixtures. Section 22.01 Any and all portions of the Building, all other improvements on the Real Property at the Commencement Date and all fixtures on the Demised Premises at the Commencement Date shall be the property of Landlord. In the event that Tenant installs or erects fixtures or improvements to the Demised Premises after the Commencement Date, such fixtures or improvements (except those referenced in Section 22.02 which can be removed without damage to the Demised Premises) shall at the expiration or earlier termination of the Lease, become the property of Landlord and remain upon and be surrendered with the Demised Premises. Notwithstanding the foregoing provisions, Tenant shall be liable for all property taxes, assessments, and similar charges assessed against or allocable to any fixtures or equipment at the Demised Premises (irrespective of whether such fixtures are owned by Landlord or Tenant) and which are attributable to any period of time during the Lease Term. Section 22.02 Moveable trade fixtures (except the Landlord’s 's Equipment, as defined in Section 22.03), furnished or installed by Tenant on the Demised Premises, shall be and remain the property of Tenant and may be removed by Tenant or others entitled to remove same at any time during the Lease Term provided that Tenant is not in default of this Lease, provided that such removal shall in no way affect Tenant’s 's covenants with respect to the operation of the Demised Premises pursuant to Section 3.09. Tenant shall repair all damage to the Demised Premises caused by removal of any such trade fixtures by Tenant or its subtenants, licensees or mortgagees. Upon default of this Lease by Tenant, Landlord shall have the option to purchase any or all of such trade fixtures, and equipment for $1.00, which option is assignable by Landlord. Section 22.03 During the Lease Term, Tenant shall be entitled to use Landlord’s 's equipment (“"Landlord’s 's Equipment”") in Tenant’s 's operations at the Demised Premises. Landlord’s 's Equipment shall include the following items located at each Demised Premises on the Commencement Date: walk-in coolers/refrigerators, freezers, HVAC equipment and hoods. Tenant shall keep the Landlord’s 's Equipment in good working order and repair (normal wear and tear, casualty and condemnation excepted), shall not remove Landlord’s 's Equipment from the Demised Premises and shall not permit any lien or other encumbrance to attach to Landlord’s 's Equipment. Tenant shall keep the equipment insured and shall be responsible for any casualty or other loss to Landlord’s 's Equipment or occasioned by Landlord’s 's Equipment. Tenant may, from time to time, retire or replace Landlord’s 's Equipment with new items of equipment purchased by Tenant, in which event such replaced items of Equipment shall become Landlord’s 's Equipment.

Improvements and Fixtures. Section 22.01 Any and all portions of the Building, all other improvements on the Real Property at the Commencement Date and all fixtures Building Equipment on the Demised Premises Properties at the Commencement Date shall be the property of LandlordLandlord (excluding the trade fixtures and the Restaurant Equipment). In the event that Tenant installs or erects fixtures or improvements to the Demised Premises Properties after the Commencement DateDate (excluding the trade fixtures and Restaurant Equipment), such fixtures or improvements (except those referenced in Section 22.02 which can be removed without damage to the Demised Premises) shall at the expiration or earlier termination of the Lease, become the property of Landlord and remain upon and be surrendered with the Demised PremisesProperties. Notwithstanding the foregoing provisions, Tenant shall be liable for all property taxes, assessments, and similar charges assessed against or allocable to any fixtures or equipment at the Demised Premises Properties (irrespective of whether such fixtures items are Building Equipment owned by Landlord or Restaurant Equipment or other personal property of Tenant) and which are attributable to any period of time during the Lease Term. Section 22.02 Moveable trade fixtures (except the Landlord’s Equipment, as defined in Section 22.03), furnished or installed by Tenant on the Demised Premises, shall be and remain the property of Tenant and may be removed by Tenant or others entitled to remove same at any time during the Lease Term provided that Tenant is not in default of this Lease, provided that such removal shall in no way affect Tenant’s covenants with respect to the operation of the Demised Premises pursuant to Section 3.09. Tenant shall repair all damage to the Demised Premises caused by removal of any such trade fixtures by Tenant or its subtenants, licensees or mortgagees. Upon default of this Lease by Tenant, Landlord shall have the option to purchase any or all of such trade fixtures, and equipment for $1.00, which option is assignable by Landlord. Section 22.03 During the Lease Term, Tenant shall be entitled to use Landlord’s equipment (“Landlord’s Equipment”) the Building Equipment in Tenant’s operations at the Demised PremisesProperties. Landlord’s Equipment shall include the following items located at each Demised Premises on the Commencement Date: walk-Except as otherwise provided in coolers/refrigeratorsSection 22.04, freezers, HVAC equipment and hoods. Tenant shall keep the Landlord’s Building Equipment in good working order and repair (normal wear and tear, casualty and condemnation excepted)repair, shall not remove Landlord’s the Building Equipment from the Demised Premises Properties and shall not permit any lien or other encumbrance to attach to Building Equipment except any such liens that are being contested by Tenant in good faith by appropriate proceedings and that have been bonded over by Tenant to the commercially reasonable satisfaction of Landlord or for which Tenant provides alternative security to the commercially reasonable satisfaction of Landlord’s Equipment. Tenant shall keep (or cause to be kept) the equipment Building Equipment insured and shall be responsible for any casualty or other loss to Landlord’s Building Equipment or occasioned by Landlord’s Building Equipment. Tenant may, from time to time, retire or replace Building Equipment with new or comparable items of equipment purchased by Tenant, in which event such replaced equipment shall constitute Building Equipment. All Building Equipment shall be the property of Landlord, and Tenant shall execute such instruments and documents as Landlord may reasonably require to evidence such ownership by Landlord. (a) Without limiting Landlord’s rights or Tenant’s obligations in subsection (b), Tenant shall deliver to Landlord within thirty (30) days following Tenant’s receipt of Landlord’s written request (i) to the extent in Tenant’s possession and/or control, a complete then-current listing of all Restaurant Equipment, which may be in electronic format, to the extent not previously delivered to Landlord, and (ii) any fixed asset report relating to the Restaurant Equipment in Tenant’s possession and/or control, to the extent not previously delivered to Landlord; provided that Landlord shall have the right to deliver such request not more than one time in any 12 month period during the Lease Term and provided that Tenant’s delivery of such information in (i) and (ii) shall be without any representation or warranty as to such information’s accuracy or completeness. (b) At any time during the occurrence of any Event of Default, and during the occurrence of any Default caused by the failure of Tenant to pay any amount as and when due from Tenant under the Lease, and within ninety (90) days before the expiration of the Lease Term, Tenant shall deliver to Landlord immediately following Tenant’s receipt of Landlord’s written request (i) to the extent in Tenant’s possession and/or control, a complete then-current listing of all Restaurant Equipment, which may be in electronic format, to the extent not previously delivered to Landlord, and (ii) any fixed asset report relating to the Restaurant Equipment in Tenant’s possession and/or control, to the extent not previously delivered to Landlord; provided that Tenant’s delivery of such information in (i) and (ii) shall be without any representation or warranty as to such information’s accuracy or completeness. (c) Without limiting Article XX, at any time during the Lease Term, upon not less than forty-eight hours’ prior written notice to Tenant, Landlord may enter upon the Demised Property at reasonable hours to inspect and inventory the Restaurant Equipment provided that (i) such inspection and inventory shall not unreasonably interfere with Tenant’s ability to conduct its business operations at the Demised Property, (ii) Landlord shall have the right to such inspection and inventory not more than one time in any 12 month period during the Lease Term, (iii) at Tenant’s option, such inspection and inventory shall not be conducted during normal business hours and Tenant may provide an escort for Landlord during any such inspection and inventory (provided further that Landlord’s right to such inspection and inventory shall not be subject to the availability or presence of any such escort), and (iv) Landlord shall promptly pay the costs of any damage caused by Landlord and/or its agents to any Restaurant Equipment in connection with such inspection and inventory. (d) Without limiting Article XX, at any time during the occurrence of any Event of Default or any Default in connection with any payment due and payable by Tenant under the Lease and within ninety (90) days before the expiration of the Lease Term, Landlord may enter (without any notice) upon the Demised Property to inspect and inventory the Restaurant Equipment; provided that (i) such inspection and inventory shall not unreasonably interfere with Tenant’s ability to conduct its business operations at the Demised Property, (ii) at Tenant’s option, such inspection and inventory shall not be conducted during normal business hours and Tenant may provide an escort for Landlord during any such inspection and inventory (provided further that Landlord’s right to such inspection and inventory shall not be subject to the availability or presence of any such escort), and (iii) Landlord shall promptly pay the costs of any damage caused by Landlord and/or its agents to any Restaurant Equipment in connection with such inspection and inventory. (e) Tenant shall not commit waste with respect to the Restaurant Equipment located in each Demised Property and shall not remove the Restaurant Equipment from the Demised Properties (except to the extent it is replaced by equipment of equal or greater quality and utility). Tenant shall keep the Restaurant Equipment insured and shall be responsible for any casualty or other loss to Restaurant Equipment or occasioned by Restaurant Equipment. Tenant may, from time to time, retire or replace Restaurant Equipment with new items of equipment purchased by Tenant, in which event such replaced items equipment shall constitute Restaurant Equipment. (f) Tenant shall use commercially reasonable efforts to obtain an option to purchase the Restaurant Equipment on behalf of Landlord from any lender of the Restaurant Equipment pursuant to an agreement in form and substance commercially reasonably satisfactory to Landlord. In addition, Landlord shall execute and deliver a lien waiver agreement in form and substance commercially reasonably satisfactory to Landlord to any lender of the Restaurant Equipment. (g) Any Restaurant Equipment remaining on the Demised Properties after ten (10) days after the expiration or earlier termination of the Lease Term shall be deemed abandoned and shall become the property of Landlord without payment therefor. Notwithstanding the foregoing, following any Event of Default or expiration of the Lease (including, without limitation, the nonrenewal of the Lease) and subject to the rights of Tenant’s Lender, Landlord shall have the option to purchase any or all the Restaurant Equipment for Fair Market Value (hereinafter defined), which option is assignable by Landlord’s Equipment.. Tenant shall deliver the Restaurant Equipment to Landlord unencumbered by any liens. “Fair Market Value” shall be determined by the following procedure upon expiration of the Lease: