Racking Clause Samples

The Racking clause defines the requirements and responsibilities related to the installation, use, and maintenance of racking systems within a facility or leased premises. It typically outlines who is responsible for providing, installing, and removing racking, as well as any standards or approvals required for such systems. For example, the clause may specify that the tenant must obtain the landlord's consent before installing racking or that the tenant must remove all racking and repair any damage at the end of the lease. This clause ensures clarity regarding the ownership, safety, and condition of racking, thereby preventing disputes over property alterations and restoration obligations.
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Racking. As part of the purchase price, Purchaser is acquiring ------- between 100,000 - 125,000 square feet of racking and related fixtures (the "Racking") located at the Property. The parties shall prepare and initial a schedule of such Racking prior to the expiration of the Due Diligence Period, which schedule shall be appended to this Agreement as Exhibit "C".
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Racking. Tenant shall have the right to remove all or a portion of the racking ("Racking") within the Expansion Space and receive any salvage value therefrom. Subject to Paragraph 18 hereof, all costs for removing the Racking shall be divided equally between Landlord and Tenant, such costs shall be calculated after deducting any payments or compensation received by Tenant for the salvage value. The Racking removal shall be competitively bid by Tenant and the contract terms and price approved by Landlord and REII-Gaithersburg prior to the removal of any Racking. Landlord shall reimburse Tenant for 50% of the approved price for the removal of the Racking, the later of 30 days after Landlord and REII - Gaithersburg close on the purchase of the Property or 30 days after receipt by Landlord of reasonable evidence that the contractor has been paid by Tenant for such removal.
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Racking. During the Term and while Tenant has the right to possess the Premises, Tenant shall have the right to use Landlord’s right, title and interest in the existing racking that is located in the Premises and not being removed as part of the Demising Work (as defined in the Work Letter) (the ‘‘Racking’’). The Racking is and shall remain the property of Landlord. THE RACKING IS MADE AVAILABLE “AS IS” WITH ALL FAULTS AND WITHOUT ANY WARRANTY OR REPRESENTATION OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE OR ANY OTHER WARRANTY OR REPRESENTATION. The Racking was abandoned by a prior occupant of the Premises; Tenant assumes all risk of loss or injury related to the Racking and will defend and indemnify Landlord regarding any claim arising from Tenant’s use of the same. Tenant shall not sell or dispose of the Racking, shall not hold itself out as owner of the Racking, and shall not remove any of the Racking from the Premises. Tenant shall, at its sole cost and expense, (a) repair any damage to the Racking or, in the case of material damage from any cause, replace the damaged Racking with new, matching Racking, and (b) insure the Racking as part of the insurance required by Section 8.5 of this Lease. Tenant shall be liable for all taxes levied or assessed against the Racking. Upon the expiration or termination of this Lease or of Tenant’s right of possession, Tenant shall surrender the Racking in the same condition as when Tenant was first given access to the Premises, ordinary wear and tear excepted.
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Racking. As long as present conditions persist, Management shall continue to identify incoming racks in need of repair. Industrial Mechanics will be utilized as required to assist with the opening and closing of a container which cannot be handled by the usual means. The Company also recognizes that occasional in-house repair of an extremely damaged container may be necessary to remove an immediate hazard.
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Racking. CoolEarth shall supply either AP Alternatives ReadyRack or DPW solar racking. A sufficient amount of racking to support the total number of solar panels will be installed, per the detailed engineering and design.
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Racking. The Premises currently contain certain steel racks which are the property of Landlord. Landlord shall have forty-five (45) days from and after the Commencement Date to remove such racks, without charge by Tenant. Landlord shall, at its cost and expense, promptly perform any repairs or replacements made necessary by such removal but shall not be responsible to restore or resurface any areas exposed by such removal.
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Related to Racking

  • Generators Temporary installation of generators, and permanent installation of generators that are placed inside existing non-residential buildings or that occupy an area under 50 square feet behind the building they serve.

  • Fittings 2.2.1 Support structure and attachment fittings for the flap structure 2.2.2 Support structure and attachment fitting for the engine pylons 2.2.3 Support structure and attachment fitting for the main landing gear 2.2.4 Support structure and attachment fitting for the center wing box

  • Generator Subject to the provisions of this Section 29.36, Tenant shall be entitled to install, operate and maintain a generator and any other equipment related thereto, including, without limitation, a fuel system, wiring and shaft space (“Generator”) next to the Building at Tenant’s sole cost and expense (without paying any additional fee or rental to Landlord for the use thereof). Prior to the installation of the Generator, Tenant shall inspect the proposed location to determine a suitable location for the Generator, and Tenant shall submit written plans and specifications relative to the type, size and proposed location (including any proposed screening) of the Generator to Landlord for its review and written approval. Tenant shall be solely responsible for the cost of acquisition, installation, operation, and maintenance of the Generator; and Tenant shall install, maintain and operate the Generator in accordance with all federal, state, and local laws, statutes, ordinances, rules and regulations, including without limitation, obtaining and maintaining any and all permits, approvals and licenses required to install and operate the Generator by any governmental authority having jurisdiction. Landlord and Tenant agree that, upon the expiration of earlier termination of the Lease Term, Tenant shall not be required to remove the Generator, any associated cabling, wiring and screening or other improvements. Tenant shall not be entitled to grant or assign to any third party (other than a permitted assignee of Tenant’s rights under the Lease or a permitted subtenant relative to the Premises (or a portion thereof)) the right to use the Generator without Landlord’s prior written consent (which consent may be granted or withheld in Landlord’s discretion). Upon reasonable advance notice to Tenant (and provided Landlord reasonably coordinates with Tenant and provides an alternate source of backup generator capacity during said transition), Landlord shall be entitled to cause the Generator to be moved to another location near the Building, at Landlord’s cost and expense. Tenant shall pay all personal property taxes on the Generator. Tenant shall also pay any increases in the real property taxes of the Building due to the installation of the Generator within thirty (30) days of receipt of notice from Landlord which includes proof of such increase in taxes. Tenant’s indemnity obligations under Section 5.4.1.5 of the Lease, relating to the use of Hazardous Materials, shall apply to the use and operation of the Generator. Finally, Tenant’s insurance obligations under Section 10.3 of the Lease shall apply to the Generator.

  • Fencing The SPD shall Fence the demarcated boundary of the Demised Premises at the SPD’s own expense in every respect.

  • APPLIANCES The Landlord shall: (check one)