Common use of Repair and Alterations Clause in Contracts

Repair and Alterations. Each Obligor will, unless otherwise agreed in writing by the Agent: 22.11.1 repair and keep in good and substantial repair and condition, the Properties and any other machinery and equipment forming part of any Property and when necessary replace the same by items of similar quality and value; 22.11.2 promptly, after being required to do so by the Agent make good any want of repair in any Property and any other machinery and equipment forming part of any Property; 22.11.3 not effect, carry out or permit any demolition, reconstruction or rebuilding of or any structural alteration to, or material change in the use of, the Properties; and 22.11.4 not sever, unfix or remove any of the fixtures (except for the purpose and in the course of effecting necessary repairs thereto or of replacing the same with new or improved models or substitutes) thereon belonging to or in use by the Obligors, provided that to the extent that a Property is subject to a Lease Document which contains a tenant's covenant to the effect of this Clause 22.11, there shall be no breach of this Clause 22.11.1 or 22.11.2 to the extent that an Obligor: (A) is unable to procure compliance by that tenant having used its best endeavours to do so; and/or (B) has no power under the relevant Lease Document to carry out the relevant works.

Appears in 2 contracts

Sources: Facility Agreement (Hines Global REIT, Inc.), Facility Agreement (Hines Global REIT, Inc.)