Common use of Ownership of Alterations Clause in Contracts

Ownership of Alterations. Upon the expiration of the Term or the earlier termination of this Lease, all additions, installations, decorations, improvements (whether temporary or permanent), fixtures (except L▇▇▇▇▇’s trade fixtures which can be removed without defacing the Premises or the Building) and alterations, whether placed there by Lessee or Lessor, shall remain a part of the Premises as the property of Lessor without compensation or allowance or credit to the Lessee. Lessee shall, however, remove such items at its expense upon L▇▇▇▇▇’s written request. If Lessee does not remove such items after Lessor’s request, Lessor may remove and sell or dispose of the same at the expense of Lessee in a manner Lessor deems advisable or place such property in sterage at Lessee’s expense. Carpeting, emergency lights, fire extinguishers, alarm systems, shelving and cabinetry will be deemed improvements of the Premises and not movable trade fixtures, regardless of how or where affixed. Such alterations will not be removed by L▇▇▇▇▇ from the Premises either during or at the expiration of the Term or earlier termination of this Lease and will be surrendered as a part of the Premises unless such alteration is not Building standard and Lessor has requested that Lessee remove same. Notwithstanding the foregoing, Lessee shall not be liable for removal of standard improvements to the Building made by Lessor. Any of L▇▇▇▇▇’s property remaining in the Premises ten (10) days after the expiration of the Term or earlier termination of this Lease will be deemed to have been abandoned by L▇▇▇▇▇, and in such case such items may be retained by Lessor as Lessor’s property or disposed of by Lessor without accountability to Lessee, in such manner as Lessor determines the removal and disposal of any abandoned items will be at Lessee s expense.

Ownership of Alterations. Upon the expiration of the Term Expiration Date or the earlier termination of this Lease, all additions, installations, decorations, improvements (whether temporary or permanent), fixtures (except L▇▇▇▇▇’s trade fixtures which can be removed without defacing Tenant shall return the Premises or to Landlord clean and as close to the Building) and alterations, whether placed there by Lessee or Lessor, shall remain a part condition existing at the time Tenant took possession of the Premises as reasonably practicable, except for: (i) ordinary wear and tear, (ii) damage that Landlord has the obligation to repair under the terms of this Lease, (ii) all changes, modifications, alterations, additions or improvements that Landlord did not require Tenant to remove at the time of Landlord’s consent thereto, and (iv) 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 may remove its equipment, inventory, and trade fixtures as necessary in the ordinary course of Lessor without compensation or allowance or credit to the Lesseebusiness. Lessee shallTenant must, however, remove such items at its expense upon L▇▇▇▇▇’s written request. If Lessee does not remove such items after Lessor’s request, Lessor may remove and sell or dispose of the same at the expense of Lessee in a manner Lessor deems advisable or place such property in sterage at Lessee’s expense. Carpeting, emergency lights, fire extinguishers, alarm systems, shelving and cabinetry will be deemed improvements of the Premises and not movable trade fixtures, regardless of how or where affixed. Such alterations will not be removed by L▇▇▇▇▇ from the Premises either during or at prior to the expiration of the Term Expiration Date or earlier termination of this Lease and will be surrendered as a part 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 must promptly repair any damage to the Premises unless such alteration is not Building standard and Lessor has requested that Lessee remove same. Notwithstanding the foregoing, Lessee shall not be liable for caused by its removal of standard improvements to the Building made by Lessor. Any of L▇▇▇▇▇’s property remaining in the Premises ten (10) days after the expiration of the Term personal property, changes, modifications, alterations, additions or earlier termination of this Lease will be deemed to have been abandoned by L▇▇▇▇▇, and in such case such items may be retained by Lessor as Lessor’s property or disposed of by Lessor without accountability to Lessee, in such manner as Lessor determines the removal and disposal of any abandoned items will be at Lessee s expenseimprovements.

Ownership of Alterations. All Alterations shall be Tenant's property during the term of this Lease. All Alterations, once completed, shall not be altered or removed from the Premises without Landlord's prior written approval pursuant to Section 9.a. above, except that Tenant may remove any Removable Trade Fixtures (as defined in Section 9.e. below) without Landlord's consent provided that Tenant repairs any damage to the Premises or the Real Property caused by such removal. Without limitation, Landlord's approval pursuant to Section 9.a. above shall not be deemed unreasonably withheld if any such Alterations would be removed, altered or demolished and not replaced with Alterations of equal or greater value and of the same utility and character as the prior Alterations. Upon the expiration of the Term or the earlier termination of this Lease, all additionsAlterations (other than Removable Trade Fixtures, installationswhich shall be and at all times remain Tenant's property) shall immediately and automatically, decorationswithout any required action or notice by Landlord or Tenant, improvements (whether temporary become Landlord's sole property, without any obligation on Landlord to pay Tenant any sums or permanent)other consideration therefor. Tenant shall not finance any Alterations by any means whatsoever which would result in a lien or security interest thereon or therein in favor of any party, fixtures (except L▇▇▇▇▇’s trade fixtures which can nor shall Tenant otherwise allow any lien or security interest to be removed without defacing imposed upon or attach to any Alterations. Except as provided in Section 9.d. and below in this Section 9.c., Landlord may require Tenant, at Tenant's sole expense and by the end of the Term, to remove any Alterations and to restore the Premises or to its condition prior to the BuildingAlterations. Notwithstanding the preceding sentence, Tenant shall not be required to remove any of the Tenant Improvements (other than Removable Trade Fixtures) and alterations, whether placed there by Lessee or Lessor, shall remain a part to any portion of the Premises improved as the property of Lessor without compensation general office space or allowance or credit warehouse space, and nor shall Tenant be required to the Lessee. Lessee shall, however, remove such items at its expense upon L▇▇▇▇▇’s written request. If Lessee does not remove such items after Lessor’s request, Lessor may remove and sell or dispose any of the same at the expense of Lessee in a manner Lessor deems advisable or place such property in sterage at Lessee’s expense. Carpeting, emergency lights, fire extinguishers, alarm systems, shelving and cabinetry will be deemed improvements Tenant Improvements (other than Removable Trade Fixtures) to any portion of the Phase I Premises and not movable trade fixtures, regardless of how or where affixed. Such alterations will not be removed by L▇▇▇▇▇ from the Premises either during or at the expiration improved as laboratory space if no more than [...***...] of the Term or earlier termination of this Lease and will be surrendered as a part rentable square footage of the Phase I Premises unless such alteration is not Building standard improved as laboratory space, and Lessor has requested that Lessee nor shall Tenant be required to remove same. Notwithstanding the foregoing, Lessee shall not be liable for removal of standard improvements to the Building made by Lessor. Any of L▇▇▇▇▇’s property remaining in the Premises ten (10) days after the expiration any of the Term or earlier termination Tenant Improvements (other than Removable Trade Fixtures) to any portion of this Lease will be deemed to have been abandoned by L▇▇▇▇▇, and in such case such items may be retained by Lessor the Phase II Premises improved as Lessor’s property or disposed laboratory space if no more than [...***...] of by Lessor without accountability to Lessee, in such manner the rentable square footage of the Phase II Premises is improved as Lessor determines the removal and disposal of any abandoned items will be at Lessee s expenselaboratory space.

Ownership of Alterations. Upon the expiration of the Term or the ------------------------ earlier termination of this Lease, all additions, installations, decorations, improvements (whether temporary or permanent), fixtures (except L▇▇▇▇▇’s Lessee's trade fixtures which can be removed without defacing the Premises or the Building) and alterations, whether placed there by Lessee or Lessor, shall remain a part of the Premises as the property of Lessor without compensation or allowance or credit to the Lessee. Lessee shall, however, remove such items at its expense upon L▇▇▇▇▇’s Lessor's written request. If Lessee does not remove such items after Lessor’s 's request, Lessor may remove and sell or dispose of the same at the expense of Lessee in a manner Lessor deems advisable advisable, or place such property in sterage storage at Lessee’s 's expense. Carpeting, emergency lights, fire extinguishers, alarm systems, shelving and cabinetry will be deemed improvements of the Premises and not movable trade fixtures, regardless of how or where affixed. Such alterations will not be removed by L▇▇▇▇▇ Lessee from the Premises either during or at the expiration of the Term or earlier termination of this Lease and will be surrendered as a part of the Premises unless such alteration is not Building standard and Lessor has requested that Lessee remove same. Notwithstanding the foregoing, Lessee shall not be liable for removal of standard improvements to the Building made by Lessor. Any of L▇▇▇▇▇’s Lessee's property remaining in the Premises ten (10) days after the expiration of the Term or earlier termination of this Lease will be deemed to have been abandoned by L▇▇▇▇▇Lessee, and in such case such items may be retained by Lessor as Lessor’s 's property or disposed of by Lessor without accountability to Lessee, in such manner as Lessor determines the removal and disposal of any abandoned items will be determines, at Lessee s Lessee's expense.