Preservation of the Premises Clause Samples

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Preservation of the Premises. 14.1 The Tenant undertakes to use the premises in a prudent and reasonable manner, to maintain the cleanliness of the premises and their surroundings, and to avoid any damage to the premises including all installations serving the premises proper or those of other occupants. 14.2 The Tenant undertakes to repair without delay any damage and/or breakdown caused to the premises and to the installations referred to in the foregoing article 14.1, and to replace any lost or otherwise affected accessory without any delay. 14.3 In the event of the Tenant having failed to make any repair or replacement as provided hereinabove, the Landlord shall be entitled but under no obligation to do so at the expense of the Tenant, whereupon the Tenant shall indemnify the Landlord in full for any damage, breakdown, loss or destruction involved. 14.4 The provisions of this article constitute a fundamental conditions hereof, and any breach of them shall be construed as a fundamental breach of this contract.
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Preservation of the Premises. 13.1. The Tenant undertakes to use the Premises in a cautious and reasonable manner, to preserve their cleanliness and the cleanliness of the surrounding area, and to avoid any harm or damage to the Premises, including any of the appliances which benefit the Premises per se or together with premises leased to others, save for regular and fair wear and tear and save for defects which are the Landlord’s responsibility and/or defects in the infrastructures or in the structure of the Premises, the duty to repair which rests on the Landlord, who shall perform these repairs within 14 days of the date of which it is made aware of them by the Tenant. 13.2. The Tenant shall be obligated to cure within a reasonable time any damage and/or disrepair caused to the Premises and to the appliances as stated in Section 13.1 above, and to install within a reasonable time a replica of any appliance installed in the Premises, which has been destroyed or ruined, save for faults and/or defects and/or damage which are caused as a result of regular and fair wear and tear of the Premises and of the appliances thereon. 13.3. If the Tenant and/or Landlord fail to carry out any repair which either party is obligated to perform, or fail to replace any unit which it is obligated to replace, the other party shall be entitled, but not obligated, to do so, at the expense of the party on whom the repairing responsibility rests.
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Preservation of the Premises. Alterations to the Premises, Shed --------------------------------------------------------------- 29.1 The Lessee hereby undertakes not to prepare nor to carry out on the Premises or in any part thereof, in its systems and in its installations, any alterations and/or additions and/or improvements and/or construction works of any scope or nature (hereinafter : "the Additions") without having obtained prior written approval therefor from the Company, save for carrying out acts and works under paragraphs 11.3.3 and 28.2 above. The Company shall be entitled - but not obliged, at its sole discretion - to approve the aforesaid works or any part thereof and to stipulate the execution thereof on specified conditions, including the matter of insurance of such works and the execution thereof, and in accordance with a specification and measurements to be furnished by the Lessee and approved by the Company, and as to the manner of execution with minimum interference, if any, to other occupiers of the Building and/or of the Park. (a) Should the Lessee request to make use of the walls of the Premises and/or the ceilings and roof systems of the Premises and/or the Building and/or other components of the Premises for the purpose of the affixing or loading of installations and/or items of any nature whatsoever, of considerable weight and which might be injurious thereto, the Lessee shall be obliged to obtain the Company's written consent prior to such aforesaid execution. (b) The Lessee shall be entitled to remove any Addition effected to the Premises in accordance with the foregoing provisions, provided that it reinstates the Premises to their former condition. The Lessee shall be entitled to leave the Addition on the Premises. Should the Addition be left on the Premises, the Addition shall become the property of the Company without any consideration whatsoever being furnished by the Company. (c) The Company shall be entitled to remove or demolish any Addition effected by the Lessee without its consent, or to reinstate the Premises to their former condition and the Lessee shall be responsible for any expense occasioned to the Company in connection therewith. (d) Notwithstanding the provisions of this paragraph, the Lessee shall be entitled at any time up to the expiration of the Lease Period, to dismantle any Addition installed on the Premises with the consent of the Company and to deal therewith, after the dismantling thereof, as owner subject to the Lessee not causing a...
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Related to Preservation of the Premises

  • Condition of the Premises Tenant has examined the Premises, including the appliances and fixtures (☐ and furnishings), and acknowledges that they are in good condition and repair, normal wear and tear excepted, and accepts them in its current condition, except for:

  • Preservation, Maintenance, and Protection of the Property Inspections. Borrower will not destroy, damage, or impair the Property, allow the Property to deteriorate, or commit waste on the Property. Whether or not Borrower is residing in the Property, Borrower must maintain the Property in order to prevent the Property from deteriorating or decreasing in value due to its condition. Unless Lender determines pursuant to Section 5 that repair or restoration is not economically feasible, Borrower will promptly repair the Property if damaged to avoid further deterioration or damage. If insurance or condemnation proceeds are paid to Lender in connection with damage to, or the taking of, the Property, Borrower will be responsible for repairing or restoring the Property only if ▇▇▇▇▇▇ has released proceeds for such purposes. Lender may disburse proceeds for the repairs and restoration in a single payment or in a series of progress payments as the work is completed, depending on the size of the repair or restoration, the terms of the repair agreement, and whether Borrower is in Default on the Loan. Lender may make such disbursements directly to Borrower, to the person repairing or restoring the Property, or payable jointly to both. If the insurance or condemnation proceeds are not sufficient to repair or restore the Property, Borrower remains obligated to complete such repair or restoration. Lender may make reasonable entries upon and inspections of the Property. If Lender has reasonable cause, ▇▇▇▇▇▇ may inspect the interior of the improvements on the Property. Lender will give Borrower notice at the time of or prior to such an interior inspection specifying such reasonable cause.

  • DESCRIPTION OF THE PREMISES Prior to, or during the first month of the effective use (transfer of keys) of the rented property and whenever important alterations have been made to the rented property during the rental period, both parties are obliged to draw up a detailed and contradictory description of the property at their joint expense. If one of the parties so requests, the parties will draw up a detailed and contradictory description of the premises at their joint expense at the end of the rental period. In the absence of an initial description of the premises, the tenant is deemed to have received the property in the condition in which it is in at the time they leave, except if the necessary proof to the contrary is provided. The same applies if no final description of the premises has been drawn up by the end date of the contract. After signature by the contracting parties, the description of the premises will be appended to the present agreement. The lessor has the right to make the reimbursement or release of the deposit dependent on the drawing up of the final description of the premises in the presence of the tenant or their representative, at a mutually agreed time. The lessor will make every effort to be present at this description of the premises at a reasonable time.

  • Operation of the Property Between June 1, 1998 and the Closing Date, Seller shall (a) lease, operate, manage and enter into contracts with respect to the Property, in the same manner done by Seller prior to the date hereof (provided, however, that without the prior consent of Purchaser, which as to (i) and (ii) shall not be unreasonably delayed, conditioned or withheld, (i) Seller shall not enter into any Service Contract that cannot be terminated with thirty (30) days notice or materially modify any existing Service Contracts to be assumed by Purchaser at Closing, and (ii) after June 1, 1998, Seller shall not materially modify or terminate any existing Tenant Lease or grant any material consents under any existing Tenant Lease (except as otherwise required pursuant to the terms and conditions of such Tenant Lease), or enter into any new Tenant Lease, and (iii) Seller shall not apply any then unapplied Deposits (as reflected on the Rent Roll delivered by Seller to Purchaser pursuant to Schedule 5.3(vii) hereof) under Tenant Leases); and (b) advise Purchaser of the commencement of any litigation, condemnation or other judicial or administrative proceedings affecting the Property of which Seller has current actual knowledge. Notwithstanding anything to the contrary set forth in this Contract, Purchaser acknowledges that after June 1, 1998 and prior to Closing, Seller will enter into contracts for the completion of Tenant improvements under Tenant Leases entered into after June 1, 1998 pursuant to the terms of Section 12.1 hereof (collectively, the "Tenant Finish Contracts"). Purchaser and Seller agree that at Closing, Purchaser shall assume the obligations of Seller under all such Tenant Finish Contracts including, without limitation, the obligations to pay any costs and expenses charged with respect to construction of improvements in the space subject to such Tenant Leases. At Closing, Purchaser shall execute and deliver to the Seller an Assignment, Assumption and Indemnity Agreement in the form attached hereto as Exhibit H and made a part hereof for all purposes.

  • Condition of the Property All bidders shall be deemed to have carried out all investigations and examinations of the Property and the title particulars at their own costs and expenses and upon being successful, accept the property in the state and condition in which the Property is at the date of the auction sale.