Lessee Buildings and Fixtures Sample Clauses

The 'Lessee Buildings and Fixtures' clause defines the rights and responsibilities of the lessee regarding any buildings or fixtures they construct or install on the leased property. Typically, this clause outlines whether such structures become the property of the lessor upon installation or if the lessee retains ownership and the right to remove them at the end of the lease. For example, it may specify requirements for obtaining the lessor's consent before making improvements or set conditions for restoration of the premises. The core function of this clause is to clarify ownership and removal rights, thereby preventing disputes over improvements made during the lease term.
Lessee Buildings and Fixtures. The parties agree and acknowledge the Lessee has constructed Buildings and Fixtures on the Premises as defined under clause 1.1 and are the asset of the Lessee as described in item 13 of Schedule 1.

Related to Lessee Buildings and Fixtures

  • Landlord’s Property All Alterations, improvements, fixtures, equipment and/or appurtenances which may be installed or placed in or about the Premises, from time to time, shall be at the sole cost of Tenant and shall be and become the property of Landlord; provided, however, Landlord may, by written notice to Tenant prior to the end of the Lease Term, or given following any earlier termination of this Lease, require Tenant, at Tenant’s expense, to remove any Alterations or improvements and to repair any damage to the Premises and Building caused by such removal and return the affected portion of the Premises to their condition existing prior to the installation of such Alterations or improvements or, at Landlord’s election, to a building standard tenant improved condition as determined by Landlord; provided; however, that notwithstanding the foregoing, upon request by Tenant at the time of Tenant’s request for Landlord’s consent to any Alteration or improvement, Landlord shall notify Tenant whether the applicable Alteration or improvement will be required to be removed pursuant to the terms of this Section 8.5. If Tenant fails to complete such removal and/or to repair any damage caused by the removal of any Alterations or improvements in the Premises and return the affected portion of the Premises to their condition existing prior to the installation of such Alterations or improvements or, if elected by Landlord, to a building standard tenant improved condition as determined by Landlord, prior to the expiration or earlier termination of this Lease, then Rent shall continue to accrue under this Lease in accordance with Article 16, below, after the end of the Lease Term until such work shall be completed, and Landlord shall have the right, but not the obligation, to perform such work and to charge the cost thereof to Tenant. Tenant hereby protects, defends, indemnifies and holds Landlord harmless from any liability, cost, obligation, expense or claim of lien, including but not limited to, court costs and reasonable attorneys’ fees, in any manner relating to the installation, placement, removal or financing of any such Alterations, improvements, fixtures and/or equipment in, on or about the Premises, which obligations of Tenant shall survive the expiration or earlier termination of this Lease.

  • Lessee's Improvements Since Lessor is the Insuring Party, Lessor shall not be required to insure Lessee-Owned Alterations and Utility Installations unless the item in question has become the property of Lessor under the terms of this Lease.

  • Alterations Tenant shall not alter or add to any part of the Demised Premises except with Landlord's prior consent which consent shall not be unreasonably withheld or delayed. Tenant shall make all alterations and additions to the Demised Premises at its own risk and cost and in accordance with all applicable laws, and shall indemnify Landlord against all expenses, liens, claims, or damages to either persons or property or to the Demised Premises arising out of or resulting from such alterations or additions. All alterations and additions shall be subject to the approval of Landlord which shall not be unreasonably withheld or delayed and shall remain after the termination of this Lease for the benefit of Landlord unless otherwise provided in said consent. No alterations or additions to the Demised Premises shall be made unless Tenant uses a general contractor reasonably approved by Landlord. Notwithstanding the foregoing, (a)(i) the freight elevator shall not be overloaded beyond the factory certified limits, (ii) any damage to the elevator shall be repaired at Tenant's expense, and (iii) Tenant agrees to use Landlord's current contractor for installation, maintenance, and repairs to the freight elevator; and (b) no modification of the electrical, HVAC, plumbing, fire sprinkler, fire control and suppression systems (halon), and building automation systems of the Demised Premises shall be permitted without Landlord's prior written consent and Landlord's approval of the contractor.

  • Tenant’s Equipment Tenant shall provide notice to Landlord prior to moving any heavy machinery, heavy equipment, freight, bulky matter or fixtures (collectively, “Equipment”) into or out of the Building and shall pay to Landlord any costs actually incurred by Landlord in connection therewith. If such Equipment requires special handling, Tenant agrees (a) to employ only persons holding all necessary licenses to perform such work, (b) all work performed in connection therewith shall comply with all applicable Requirements and (c) such work shall be done only during hours designated by Landlord.

  • Lessee Improvements Lessee shall not make or allow to be made any alterations or physical additions in or to the leased premises without first obtaining the written consent of Lessor, which consent shall not be unreasonably withheld. Any alterations, physical additions or improvements to the leased premises made by Lessee shall at once become the property of Lessor and shall be surrendered to Lessor upon the termination of this Lease provided that Lessee shall be entitled to retain the property listed on Exhibit A attached hereto, and provided further that, Lessor, at its option, may require Lessee to remove any physical additions and/or repair any alterations in order to restore the leased premises to the condition existing at the time Lessee took possession, reasonable wear and tear excepted, all costs of removal and/or alterations to be borne by Lessee. This clause shall not apply to moveable equipment of furniture owned by Lessee, which may be removed by Lessee at the end of the term of this Lease if Lessee is not then in default and if such equipment and furniture are not then subject to any other rights, liens and interests of Lessor.