Common use of Tenant's Improvements Clause in Contracts

Tenant's Improvements. Tenant shall have the right to place partitions and fixtures and make improvements or other alteration in the interior of the Premises at its own expense. Prior to commencing any such work, Tenant shall first obtain the written consent of Landlord for the proposed work, which consent shall not be unreasonably withheld, conditioned or delayed. Landlord may, as a condition to its consent, require that Tenant give sufficient security that the Premises will be completed free and clear of liens and in a manner reasonably satisfactory to Landlord. Upon termination of this Lease, at Landlord’s option (unless otherwise agreed to by Landlord when granting consent to such improvements), Tenant will repair and restore the Premises to its former condition, at Tenant’s expense, or any such improvements, additions, or alterations installed or made by Tenant, except Tenant’s trade fixtures, shall become part of the Premises and the property of the Landlord. Tenant may remove its trade fixtures at the termination of this Lease provided Tenant is not then in default and provided further that Tenant repairs any damage caused by such removal. Notwithstanding anything herein to the contrary, Tenant shall not be obligated to restore the Premises to the condition it was in prior to the completion of the Tenant improvements performed in accordance Section 26 hereof, and Landlord shall accept the redelivery of possession of the Premises at the end of the Term with such improvements in place.

Appears in 1 contract

Sources: Business Property Lease (Upland Software, Inc.)

Tenant's Improvements. Tenant shall have the right not make or allow to place partitions and fixtures and make improvements be made any alterations or other alteration physical additions in the interior of or to the Premises at its own expense. Prior to commencing any such work, Tenant shall without first obtain obtaining the written consent of Landlord. Landlord for the proposed work, which consent shall not be unreasonably withheldwithhold its consent to any such alterations or physical additions to the Premises; provided, conditioned however, (i) said alterations or delayed. Landlord may, as a condition to its consent, require that Tenant give sufficient security that physical additions do not affect structural components of the building of which the Premises will be completed free are a part, the mechanical or electrical systems of the building of which the Premises are a part or in any way reduce the value of the Premises, or the building of which the Premises are a part; and clear of liens (ii) said alterations or physical additions are performed by a contractor approved by Landlord pursuant to plans and in a manner reasonably satisfactory to specifications approved by Landlord. Upon Any alterations, physical additions or improvements to the Premises made by tenant shall at once become the property of Landlord and shall be surrendered to Landlord upon the termination of this LeaseAgreement; provided, however, Landlord, at Landlord’s option (unless otherwise agreed its option, may require Tenant to by Landlord when granting consent remove any physical additions and/or repair any alterations in order to such improvements), Tenant will repair and restore the Premises to its former conditionthe condition existing at the time Tenant took possession, at all costs of removal and/or alterations to be borne by Tenant’s expense, . This clause shall not apply to moveable equipment or any such improvements, additions, or alterations installed or made furniture owned by Tenant, except Tenant’s trade fixtures, shall become part which may be removed by Tenant at the end of the Premises and the property of the Landlord. Tenant may remove its trade fixtures at the termination of this Lease provided Term if Tenant is not then in default and provided further that Tenant repairs if such equipment and furniture are not the subject to any damage caused by such removal. Notwithstanding anything herein to the contraryother rights, Tenant shall not be obligated to restore the Premises to the condition it was in prior to the completion liens and interests of the Tenant improvements performed in accordance Section 26 hereof, and Landlord shall accept the redelivery of possession of the Premises at the end of the Term with such improvements in placeLandlord.

Appears in 1 contract

Sources: Industrial Tenancy Agreement

Tenant's Improvements. Tenant shall have not be allowed to make any alterations, additions, or improvements ("Tenant's Improvements") to the right to place partitions and fixtures and make improvements or other alteration in the interior of the Premises at its own expense. Prior to commencing any such workSubleased Property, Tenant shall without first obtain obtaining the written consent of Landlord for the proposed workLandlord, which consent shall will not be unreasonably withheld, conditioned provided same are consistent with the use of the Subleased Property described herein and provided that same do not diminish the market value of the Subleased Property or delayedconflict with the Prime Lease. Landlord mayIn the event any of the Tenant's Improvements are to be installed on the roof of the Improvements, as a condition Tenant shall assume full responsibility for all maintenance and repair of the roof which may be attributed to its consentsuch installation. All Tenant Improvements shall be constructed at Tenant's expense and shall be and remain the property of Tenant, require that Tenant give sufficient security that until the Premises will be completed free and clear of liens and in a manner reasonably satisfactory to Landlord. Upon termination of this LeaseSublease, at Landlord’s option (unless otherwise agreed to by Landlord when granting consent to such improvements), which time the Tenant will repair and restore the Premises to its former condition, at Tenant’s expense, or any such improvements, additions, or alterations installed or made by Tenant, except Tenant’s trade fixtures, Improvements shall become part of the Premises and the property of Landlord. Provided, however, at the option of the Landlord. Tenant , Landlord may remove its trade fixtures require Tenant, at the termination of this Lease provided Sublease, to remove any and all of the Tenant is not then in default and provided further that Improvements. Tenant repairs shall be responsible for payment of the cost of repairing any damage caused by arising from such removal. Notwithstanding anything herein to The provisions of this section shall survive the contrary, Tenant termination of this Sublease. It is understood by both parties that this Section shall not be obligated require Tenant to restore obtain Landlord's permission for Tenant to remove Tenant's fixtures and equipment from the Premises to Subleased Property before or after the condition it was in prior to the completion termination of the Tenant improvements performed in accordance Section 26 hereof, and Landlord shall accept the redelivery of possession of the Premises at the end of the Term with such improvements in placethis Sublease.

Appears in 1 contract

Sources: Sublease Agreement (Carolina National Corp)

Tenant's Improvements. Tenant shall have agrees that it will make all improvements to the right to place partitions and fixtures and make improvements or other alteration in the interior of the Leased Premises at its own sole cost and expense. Prior However, Tenant shall not make any alterations, decorations, installation, additions or improvements to commencing the Leased Premises, including, but not limited to, the installation of any fixtures, amenities, equipment, appliances, or other apparatus, without Landlord's prior written consent, and then only by contractors or mechanics employed or approved by Landlord. All such work, Tenant alterations, decorations, installations, additions or improvements shall first obtain the written consent of Landlord for the proposed work, which consent shall not be unreasonably withheld, conditioned or delayed. Landlord may, as a condition to its consent, require that Tenant give sufficient security that the Premises will be completed free done at Tenant's sole expense and clear of liens at such times and in a such manner reasonably satisfactory as Landlord may from time to Landlordtime designate. Upon termination of this LeaseAll alterations, at Landlord’s option (unless otherwise agreed to by Landlord when granting consent to such improvements)decorations, Tenant will repair and restore the Premises to its former conditioninstallations, at Tenant’s expense, additions or any such improvements, additions, or alterations installed or improvements made by either of the parties hereto upon the Leased Premises, except movable office furniture and trade fixtures put in at the expense of Tenant, except Tenant’s trade fixtures, shall become part of the Premises and be the property of Landlord and shall remain upon and be surrendered with the Landlord. Tenant may remove its trade fixtures Leased Premises at the termination of this Lease provided without molestation or injury; provided, however, that Landlord may elect to require Tenant is not then to remove all or any part of said alterations, decorations, installations, additions or improvements at the expiration of this Lease, in default which event such removal shall be done at Tenant's expense, and provided further that Tenant repairs shall, at its expense, repair any damage to the Leased Premises and/or the Building caused by such removal. Notwithstanding anything herein to removal or by the contrary, Tenant shall not be obligated to restore the Premises to the condition it was in prior to the completion removal of the Tenant improvements performed in accordance Section 26 hereof, and Landlord shall accept the redelivery of possession of the Premises at the end of the Term with such improvements in placeits personalty.

Appears in 1 contract

Sources: Office Lease (Banks of the Chesapeake Inc)