Common use of Ownership of Improvements Clause in Contracts

Ownership of Improvements. All Work as defined in this Section 5, partitions, hardware, equipment, machinery and all other improvements and all fixtures except trade fixtures, constructed in the Premises by either Landlord or Tenant, (i) shall become Landlord's property upon installation without compensation to Tenant, unless Landlord consents otherwise in writing, and (ii) shall at Landlord's option either (a) be surrendered to Landlord with the Premises at the termination of the Lease or of Tenant's right to possession, or (b) be removed in accordance with Subsection 5E below (unless Landlord at the time it gives its consent to the performance of such construction expressly waives in writing the right to require such removal).

Appears in 5 contracts

Sources: Lease Agreement (Concord Camera Corp), Lease Agreement (3dfx Interactive Inc), Lease (Zamba Corp)

Ownership of Improvements. All Work as defined in this Section 5, all partitions, hardware, equipment, machinery machinery, and all other improvements and all fixtures except trade fixtures, fixtures constructed in the Premises by either Landlord or Tenant and items which Landlord requires Tenant to remove at Tenant's cost (collectively, (i) "Additions"), shall become Landlord's property upon installation without compensation to Tenant, unless Landlord consents otherwise in writing, and (ii) shall at writing prior to installation. At Landlord's option option, all Additions will either be (a) be surrendered to Landlord with the Premises at the termination of the Lease or of Tenant's right to possession, or (b) be removed in accordance with Subsection 5E below (unless Landlord at the time it gives its consent to the performance of such construction expressly waives in writing the right to require such removal).

Appears in 2 contracts

Sources: Lease Agreement (Corillian Corp), Lease Agreement (Corillian Corp)

Ownership of Improvements. All Work as defined in this Section 5, partitions, hardware, equipment, machinery and all other improvements and all fixtures except trade fixtures, constructed in the Premises by either Landlord or Tenant, (i) shall become Landlord's ’s property upon installation without compensation to Tenant, unless Landlord consents otherwise in writing, and (ii) shall at Landlord's ’s option either (a) be surrendered to Landlord with the Premises at the termination of the Lease or of Tenant's ’s right to possession, or (b) be removed in accordance with Subsection 5E below (unless Landlord Landlord, at the time it gives its consent to the performance of such construction construction, expressly waives in writing the right to require such removal).

Appears in 2 contracts

Sources: Consent of Landlord to Sublease, Consent of Landlord to Sublease (CreditCards.com, Inc.)

Ownership of Improvements. All Work as defined in this Section 5, partitions, hardware, equipment, machinery and all other improvements and all fixtures except trade fixturesfixtures and the NOC, constructed in the Premises by either Landlord or Tenant, (i) shall become Landlord's property upon installation without compensation to Tenant, unless Landlord consents otherwise in writing, and (ii) shall at Landlord's option either (a) be surrendered to Landlord with the Premises at the termination of the Lease or of Tenant's right to possession, or (b) be removed in accordance with Subsection 5E below (unless Landlord at the time it gives its consent to the performance of such construction expressly waives in writing the right to require such removal).

Appears in 1 contract

Sources: Lease Agreement (Integrated Communication Networks Inc)

Ownership of Improvements. All Except as otherwise provided in Section 5A above, all Work as defined in this Section 5, partitions, hardware, equipment, machinery and all other improvements and all fixtures except trade fixtures, constructed in the Premises by either Landlord or Tenant, (i) shall become Landlord's property upon installation without compensation to Tenant, unless Landlord consents otherwise in writing, and (ii) shall at Landlord's option either (a) be surrendered to Landlord with the Premises at the termination of the Lease or of Tenant's right to possession, or (b) be removed in accordance with Subsection 5E below (unless below, such election to be made by Landlord at the time it gives its consent to the performance of such construction expressly waives in writing construction. Any items identified as "trade fixtures" on the right to require such removal)Initial Improvement Plans as approved by Landlord shall remain the sole property of Tenant.

Appears in 1 contract

Sources: Lease Agreement (Pervasive Software Inc)

Ownership of Improvements. All Work as defined in this Section 5, partitions, hardware, equipment, machinery and all other improvements and all fixtures except trade fixtures, constructed in the Premises by either Landlord or Tenant, (i) shall become Landlord's property upon installation without compensation to Tenant, unless Landlord consents otherwise in writing, and (ii) shall shall, at Landlord's option option, either (a) be surrendered to Landlord with the Premises at the termination of the Lease or of Tenant's right to possession, or (b) be removed in accordance with Subsection Section 5E below (unless Landlord at the time it gives its consent below, provided that Landlord, if requested by Tenant, has advised Tenant of such requirement prior to the performance commencement of such construction expressly waives in writing the right to require such removal)any Work.

Appears in 1 contract

Sources: Sublease Agreement (Jni Corp)

Ownership of Improvements. All Work as defined in this Section 5, partitions, hardware, equipment, machinery and all other improvements and all fixtures except trade fixtures, constructed in the Premises by either Landlord or Tenant, (i) shall become Landlord's property upon installation without compensation to Tenant, unless Landlord consents otherwise in writing, and (ii) shall at Landlord's option either (a) be surrendered to Landlord with the Premises at the termination of the Lease or of Tenant's right to possession, or (b) be removed in accordance with Subsection 5E below (unless Landlord at the time it gives its consent to the performance of such construction expressly waives in writing the right to require such removal.).

Appears in 1 contract

Sources: Lease (Zland Com Inc)

Ownership of Improvements. All Work as defined in this Section 5Article 11, partitions, hardware, equipment, machinery and all other improvements and all fixtures except trade fixtures, constructed in the Premises by either Landlord or Tenant, (i) shall become Landlord's property upon installation without compensation to Tenant, unless Landlord consents otherwise in writing, and (ii) shall at Landlord's option either (a) be surrendered to Landlord with the Premises at the termination of the Lease or of Tenant's right to possession, or (b) be removed in accordance with Subsection 5E Section 11.5 below (unless Landlord at the time it gives its consent to the performance of such construction expressly waives in writing the right to require such removal).

Appears in 1 contract

Sources: Office Lease Agreement (Ready Mix, Inc.)

Ownership of Improvements. All Work Alterations as defined in this Section 5, partitions, hardware, equipment, machinery and all other improvements and all fixtures fixtures, except trade fixtures, constructed in the Premises by either Landlord or Tenant, (ia) shall become Landlord's ’s property upon installation without compensation to Tenant, unless Landlord consents otherwise in writing, and (iib) shall shall, at Landlord's option ’s option, either (a) be surrendered to Landlord with the Premises at the termination of the this Lease or of Tenant's ’s right to possession, or (b) be removed in accordance with Subsection 5E Section 14 below (unless Landlord at the time it gives its consent to the performance of such construction expressly waives in writing the right to require such removal).

Appears in 1 contract

Sources: Lease (PortalPlayer, Inc.)

Ownership of Improvements. All Work as defined in this Section 5, ------------------------- partitions, hardware, equipment, machinery and all other improvements and all fixtures except trade fixtures, constructed in the Premises by either Landlord or Tenant, (i) shall become Landlord's property upon installation without compensation to Tenant, unless Landlord consents otherwise in writing, and (ii) shall at Landlord's option either (a) be surrendered to Landlord with the Premises at the termination of the Lease or of Tenant's right to possession, or (b) be removed in accordance with Subsection 5E 5.E below (unless Landlord at the time it gives its consent to the performance of such construction expressly waives in writing the right to require such removal).

Appears in 1 contract

Sources: Lease (Numerical Technologies Inc)

Ownership of Improvements. All Work as defined in this Section 5, partitions, hardware, equipment, machinery and all other improvements and all fixtures fixtures, except trade fixtures, constructed in the Premises by either Landlord or Tenant, (i) shall become Landlord's ’s property upon installation without compensation to Tenant, unless Landlord consents otherwise in writing, and (ii) shall shall, at Landlord's option ’s option, either (a) be surrendered to Landlord with the Premises at the termination of the this Lease or of Tenant's ’s right to possession, or (b) be removed in accordance with Subsection 5E Section 14 below (unless Landlord at the time it gives its consent to the performance of such construction expressly waives in writing the right to require such removal).

Appears in 1 contract

Sources: Lease (Pericom Semiconductor Corp)

Ownership of Improvements. All Work as defined in this Section 5, -------------------------- partitions, hardware, equipment, machinery and all other improvements and all fixtures except trade fixtures, constructed in the Premises by either Landlord or Tenant, (i) shall become Landlord's property upon installation without compensation to Tenant, unless Landlord consents otherwise in writing, and (ii) shall at Landlord's option either (a) be surrendered to Landlord with the Premises at the termination of the Lease or of Tenant's right to possession, or (b) be removed in accordance with Subsection 5E 5(e) below (unless if Landlord at the time it gives its consent to the performance of such construction expressly waives in writing the right to require requires such removal).

Appears in 1 contract

Sources: Lease (Watchguard Technologies Inc)