Common use of Ownership of Alterations Clause in Contracts

Ownership of Alterations. Upon the Expiration Date or earlier termination of this Lease, Tenant shall return the Premises to Landlord clean and in the condition existing at the time Tenant took possession of the Premises, except for: (1) ordinary wear and tear, (2) damage that Landlord has the obligation to repair under the terms of this Lease, (3) all changes, modifications, alterations, additions or improvements that Landlord did not require Tenant to remove at the time of consent, and (4) damage by casualty. Except as provided below, all changes, modifications, alterations, additions or improvements and property at the Premises (including wall to wall carpeting, paneling or other wall covering and any other surface material attached to or affixed to the floor, wall or ceiling of the Premises) will remain in and be surrendered with the Premises upon the Expiration Date or earlier termination of this Lease, and Tenant waives all rights to any payment, reimbursement or compensation for the property that must remain at the Premises in accordance with this subsection. Tenant must, however, remove from the Premises prior to the Expiration Date or earlier termination of this Lease any changes, modifications, alterations, additions or improvements that Landlord has designated for removal at the time of Landlord’s written approval of such changes, modifications, alterations, additions or improvements. Tenant shall not be required to remove from the Premises any of the changes, modifications, alterations, additions or improvements that are constructed in the Premises with the Plans (as defined in Exhibit “B”) or those that do not require Landlord’s approval. Tenant must promptly repair any damage to the Premises caused by its removal of personal property, changes, modifications, alterations, additions or improvements.

Ownership of Alterations. Upon Unless Landlord shall elect that all or part of any alteration made by Tenant to the Expiration Date or earlier premises (including any alteration consented to by Landlord pursuant to paragraph 9 hereof) shall remain on the premises after the termination of this Lease, the premises shall be restored to their original condition by Tenant before the expiration of this Lease at Tenant's sole expense. Tenant shall return not, however, have any responsibility to remove any improvements constructed by Landlord as part of the Premises original fit out of the premises for Tenant. Notwithstanding anything herein to the contrary, Landlord clean and in the condition existing shall advise Tenant if Tenant so requests, at the time Landlord approves any alterations to be made by Tenant took possession of the Premises, except for: (1"Approved Alterations") ordinary wear and tear, (2) damage that Landlord has the obligation to repair under the terms of this Lease, (3) all changes, modifications, alterations, additions whether or improvements that Landlord did not require Tenant to remove at the time of consent, and (4) damage by casualty. Except as provided below, all changes, modifications, alterations, additions or improvements and property at the Premises (including wall to wall carpeting, paneling or other wall covering and any other surface material attached to or affixed to the floor, wall or ceiling of the Premises) will remain in and be surrendered with the Premises upon the Expiration Date or earlier termination of this Lease, and Tenant waives all rights to any payment, reimbursement or compensation for the property that must remain at the Premises in accordance with this subsection. Tenant must, however, remove from the Premises prior to the Expiration Date or earlier termination of this Lease any changes, modifications, alterations, additions or improvements that Landlord has designated for removal at the time of Landlord’s written approval of such changes, modifications, alterations, additions or improvements. Tenant shall not be required to remove from such Approved Alterations at the Premises expiration of lease term or any of the changes, modifications, earlier termination thereof. Any alterations, additions improvements, betterments or mechanical equipment, including but not limited to, heating and air conditioning systems, but excluding trade fixtures and other personalty of Tenant used in the operation of Tenant's business, shall become the property of Landlord as soon as they are affixed to the premises, and all right, title and interest thereof of Tenant shall immediately cease, unless otherwise agreed to in writing by Landlord. Tenant shall promptly pay any franchise, minor privilege or other tax or assessment resulting directly or indirectly from any alterations or improvements that are made by Tenant to the premises subsequent to the initial improvements constructed in the Premises with the Plans (as defined in Exhibit “B”) or those that do not require by Landlord’s approval. Tenant must promptly shall repair promptly, at its own expense, any damage to the Premises premises or Building caused by Tenant or its agents or contractors bringing into the premises any property for Tenant's use, or by the installation or removal of personal such property, changes, modifications, alterations, additions regardless of fault or improvementsby whom such damage shall be caused.

Ownership of Alterations. Upon the Expiration Date or earlier termination of this Lease, Tenant shall return the Premises to Landlord clean and in the condition existing at the time Tenant took possession of the Premisesgood order and condition, except for: (1) ordinary wear and tear, (2) damage that Landlord has the obligation to repair under the terms of this Lease, (3) all changes, modifications, alterations, additions or improvements that Landlord did Tenant does not require Tenant have the obligation to remove at under the time terms of consentthis Section 6.4, and (4) damage by casualty. Except as provided below, all changes, modifications, alterations, additions or improvements and property at the Premises (including wall to wall carpeting, paneling or other wall covering and any other surface material attached to or affixed to the floor, wall or ceiling of the Premises) will remain in and be surrendered with the Premises upon the Expiration Date or earlier termination of this Lease, and Tenant waives all rights to any payment, reimbursement or compensation for the property that must remain at the Premises in accordance with this subsection. Tenant must, however, remove from the Premises prior to the Expiration Date or earlier termination of this Lease any changes, modifications, alterations, additions or improvements that Landlord has designated for removal at the time of Landlord’s 's written approval of such changes, modifications, alterations, additions or improvements. Subject to the foregoing, Landlord shall notify Tenant of any items that will need to be removed prior to or immediately following the Joint Inspection set forth in Section 17.1 below. Notwithstanding the foregoing, Landlord shall only be able to require removal of Tenant alterations which would materially add to Landlord’s demolition costs of usual office tenant improvements. Tenant shall not be required to remove from the Premises any of the changes, modifications, alterations, additions or improvements that are constructed in the Premises with the Plans (as defined contemplated in Exhibit “B”) ” or those that do not require Landlord’s 's approval. Tenant must promptly repair any damage to the Premises caused by its removal of personal property, changes, modifications, alterations, additions or improvements.

Ownership of Alterations. Upon the Expiration Date or earlier termination of this Lease, Tenant shall return the Premises to Landlord clean and in the condition existing at the time Tenant took possession of the Premises, except for: (1) ordinary wear and tear, (2) damage that Landlord has the obligation to repair under the terms of this Lease, (3) all changes, modifications, alterations, additions or improvements that Landlord did Tenant does not require Tenant have the obligation to remove at under the time terms of consentthis Section 6.4, and (4) damage by casualty. Except as provided below, all changes, modifications, alterations, additions or improvements and property at the Premises (including wall to wall carpeting, paneling or other wall covering and any other surface material attached to or affixed to the floor, wall or ceiling of the Premises) will remain in and be surrendered with the Premises upon the Expiration Date or earlier termination of this Lease, and Tenant waives all rights to any payment, reimbursement or compensation for the property that must remain at the Premises in accordance with this subsection. Tenant must, however, remove from the Premises prior to the Expiration Date or earlier termination of this Lease any changes, modifications, alterations, additions or improvements that Landlord has designated for removal at the time of Landlord’s written approval of such changes, modifications, alterations, alterations additions or improvements. Tenant shall only have to remove alterations for which Landlord notifies Tenant of such removal at the time of Landlord’s approval. Tenant shall not be required to remove from the Premises any of the changes, modifications, alterations, additions or improvements that are constructed in the Premises with the Plans (as defined contemplated in Exhibit “B”) ” or those that do not require Landlord’s approval. Tenant must promptly repair any damage to the Premises caused by its removal of personal property, property changes, modifications, alterations, additions or improvements.

Ownership of Alterations. Upon the Expiration Date or earlier termination of this Lease, Tenant shall return the Premises to Landlord clean and in the condition existing at the time Tenant took possession of the Premises, except for: (1) ordinary wear and tear, (2) damage that Landlord has the obligation to repair under the terms of this Lease, (3) all changes, modifications, alterations, additions or improvements that Landlord did Tenant does not require Tenant have the obligation to remove at under the time terms of consentthis Section 6.4, and (4) damage by casualty. Except as provided below, all changes, modifications, alterations, additions or improvements and property at the Premises (including wall to wall carpeting, paneling or other wall covering and any other surface material attached to or affixed to the floor, wall or ceiling of the Premises) will remain in and be surrendered with the Premises upon the Expiration Date or earlier termination of this Lease, and Tenant waives all rights to any payment, reimbursement or compensation for the property that must remain at the Premises in accordance with this subsection. Tenant must, however, remove from the Premises prior to the Expiration Date or earlier termination of this Lease any changes, modifications, alterations, additions or improvements that Landlord has designated for removal at the time of Landlord’s written approval of such changes, modifications, alterations, additions or improvements. Tenant shall not be required to remove from the Premises any of the changes, modifications, alterations, additions or improvements that are constructed in the Premises with the Plans (as defined in Exhibit “B”) or those that do not require Landlord’s approval. Tenant must promptly repair any damage to the Premises caused by its removal of personal property, changes, modifications, alterations, additions or improvements. Notwithstanding the foregoing, the provisions of this Section 6.5 shall not be applicable in the event that Tenant exercises the Purchase Option (as hereinafter defined) in accordance with Exhibit G annexed hereto and made a part hereof and the Close of Escrow (as hereinafter defined) occurs.

Ownership of Alterations. Upon the Expiration Date or earlier termination of this Lease, Tenant shall return the Premises to Landlord clean and in the condition existing at the time Tenant took possession of the Premises, except for: (1) ordinary wear and tear, (2) damage that Landlord has the obligation to repair under the terms of this Lease, (3) all changes, modifications, alterations, additions or improvements that Landlord did Tenant does not require Tenant have the obligation to remove at under the time terms of consentthis Section 6.4, and (4) damage by casualty. Except as provided below, all changes, modifications, alterations, additions or improvements and property at the Premises (including wall to wall carpeting, paneling or other wall covering and any other surface material attached to or affixed to the floor, wall or ceiling of the Premises) will remain in and be surrendered with the Premises upon the Expiration Date or earlier termination of this Lease, and Tenant waives all rights to any payment, reimbursement or compensation for the property that must remain at the Premises in accordance with this subsection. Tenant must, however, remove from the Premises prior to the Expiration Date or earlier termination of this Lease any changes, modifications, alterations, additions or improvements that Landlord has designated for removal at the time of Landlord’s written approval of such changes, modifications, alterations, additions or improvements. Notwithstanding, the parties agree that Landlord may not designate for the removal items typically found in other first class office buildings, unless such items adversely impact the cost of subsequent reuse or re-tenanting (such as raised computer floors, full kitchens, supplemental HVAC units, etc.). Tenant shall not be required to remove from the Premises any of the changes, modifications, alterations, additions or improvements that which are constructed in the Premises with the Construction Plans (as defined in Exhibit “B”) or those that do not require Landlord’s approval. Tenant must promptly repair any damage to the Premises caused by its removal of personal property, changes, modifications, alterations, additions or improvements, and leave a surface ready to receive a new finish.