Common use of Permitted Improvements Clause in Contracts

Permitted Improvements. Except as provided in Section 12.03 hereof, and subject to the provisions of this Article 12, at Tenant’s own expense and after giving Landlord notice in writing of its intention to do so as required under Article 5, Tenant may from time to time make alterations, replacements, additions, changes, and improvements (collectively referred to in this Article 12 as “Alterations”) in and to any of the Premises as it may find necessary or convenient for its purposes; provided, however, that no such Alterations shall decrease the value of any of the Premises.

Appears in 2 contracts

Sources: Master Lease (American Restaurant Group Inc), Master Lease (American Restaurant Group Inc)