Tenant’s Leasehold Improvements Clause Samples
The "Tenant's Leasehold Improvements" clause defines the rules and responsibilities regarding any alterations, additions, or improvements made by the tenant to the leased premises. Typically, this clause outlines what types of improvements require the landlord's prior written consent, who is responsible for the costs, and whether such improvements become the property of the landlord at the end of the lease. For example, it may specify that built-in fixtures must remain, while removable items can be taken by the tenant. The core function of this clause is to clarify ownership and responsibility for changes to the property, thereby preventing disputes over modifications and ensuring both parties understand their rights and obligations regarding improvements.
Tenant’s Leasehold Improvements. All leasehold improvements (as distinguished from trade fixtures and apparatus) installed in the Premises at any time, whether by or on behalf of Tenant or by or on behalf of Landlord, shall not be removed from the Premises at any time, unless such removal is consented to in advance by Landlord; and at the expiration of this Lease (either at the end of the Term, or upon such earlier termination as provided in this Lease), all such leasehold improvements shall be deemed to be part of the Premises, shall not be removed by Tenant when it vacates the Premises, and title thereto shall vest solely in Landlord without payment of any nature to Tenant.
Tenant’s Leasehold Improvements. (a) Condition of the Premises and the Building. Landlord will "substantially complete" (as defined below) construction of leasehold improvements to prepare the Premises for Tenant's initial occupancy using "building standard" finishes and materials (the "Leasehold Improvements") subject to the terms and conditions of this Article 3. Tenant has submitted to Landlord and Landlord has approved Tenant's space plans for the Leasehold Improvements (the "Tenant's Plans"), a copy of which is attached hereto as Exhibit C-1. Construction of the Leasehold Improvements (inclusive of the cost of all architectural, engineering and space planning services and related plans, drawings and permits) shall be at Tenant's sole cost and expense, subject to Landlord's obligation to pay the "Tenant Allowance" (as defined in subsection (c) below). The Leasehold Improvements shall be of the same or better quality as Landlord's tenant improvement standards (the "Tenant Standards") for the Building, a copy of which is attached hereto as Exhibit C-2.
Tenant’s Leasehold Improvements. Landlord shall not be responsible for any loss, damage, or destruction to Tenant's leasehold improvements or to fixtures, inventory, or other Tenant-owned improvements or property, unless caused solely by the negligence or willful misconduct of Landlord.
Tenant’s Leasehold Improvements. And Trade Fixtures. All leasehold improvements (as distinguished from trade fixtures and apparatus) installed in the Premises at any time, whether by or on behalf of Tenant or by or on behalf of SEPTA, shall not be removed from the Premises at any time, unless such removal is consented to in advance by SEPTA in writing or required by SEPTA at the expiration or sooner termination of the Lease Agreement; and at the expiration of the Lease Agreement, all such leasehold improvements shall be deemed to be part of the Premises, shall not be removed by Tenant when it vacates the Premises, and title thereto shall vest solely in SEPTA without payment of any nature to Tenant. Any leasehold improvements required by SEPTA to be removed by Tenant shall be removed at the expiration or termination of the Lease Agreement. All trade fixtures and apparatus (as distinguished from leasehold improvements) that Tenant owns and installed in the Premises shall remain the property of Tenant and shall be removable at any time, including upon the expiration of the Lease Agreement; provided Tenant shall not at such time be in default of any terms or covenants of the Lease Agreement.
Tenant’s Leasehold Improvements. Pursuant to Article 9 of the Lease, Tenant, at its sole cost, is hereby authorized to make the following leasehold improvements to the Leased Premises:
(a) Add roof ventilators.
(b) Modify the floor to allow the installation of one (1) special machine; provided, however, that Tenant shall restore the floor to its original condition prior to vacating the Leased Premises and New Space.
(c) Remove interior walls, as required.
(d) Add interior walls, as required.
Tenant’s Leasehold Improvements. Tenant acknowledges having examined the Premises and being satisfied therewith. Furthermore, the Premises are being delivered to Tenant on an “AS IS” basis, a plan of which is attached as Schedule A. All drawings and specifications prepared by designers, architects or engineers, any other alterations and/or improvements carried out in the Premises shall be at the sole expense of Tenant and shall only be effected after plans and specifications for the same have been submitted to Landlord for Landlord’s approval and have been approved in writing and should be executed in conformity with Article 10 of this Lease. At any time during the Term the Landlord reserves the right to verify the Tenant’s work. In the event the Tenant fails to respect the foregoing then, the Landlord shall have the right to remedy the default, at the Tenant’s expense, plus 15% of administration fee the whole, without prejudice to the Landlord’s other rights and recourse.
Tenant’s Leasehold Improvements. 2.01. Alterations at Landlord's Expense. Landlord agrees to complete all improvements to the Leased Premises as shown on the architectural plans attached hereto as "Exhibit A" at Landlord's sole cost and expense, except that Tenant shall pay for the audio visual alarm device, the data cabling, and the cost of the carpet over and above $8.40 per square yard.
2.02. Alterations at Tenant's Expense. Upon completion of the improvements by Landlord in Section 2.01 above, Tenant agrees to accept the Leased Premises in an "AS IS" condition without calling upon Landlord to make any additional expenditures or to perform any other work for the preparation of the Leased Premises for its use. Landlord represents and warrants that all improvements and installations will be in good working condition. Tenant shall at its own cost and expense make any other alterations and installations in the Leased Premises required for Tenant's business (the "Leasehold Improvements"), using a contractor or contractors who shall have been approved in writing by Landlord, which consent shall not be unreasonably withheld. Tenant will comply at its own expense with all present and future governmental requirements arising out of, in connection with, or necessitated by the Leasehold Improvements.
Tenant’s Leasehold Improvements. 5 5. TERM................................................................................ 5 6.
Tenant’s Leasehold Improvements. Landlord and Tenant, at Landlord's expense, shall finish the Leased Premises as set forth in Exhibit C, (collectively referred to herein as the "Leasehold Improvements"). Landlord is under no obligation to make any structural or other alterations, decoration, additions or improvements in or to the Leased Premises except as expressly set forth in Exhibit C. Any leasehold improvements (as contemplated in paragraph 12 of this Leasing Agreement) that may be undertaken by Tenant shall conform to all building codes and Building Standards.
Tenant’s Leasehold Improvements. (a) Condition of the Premises and the Building. Tenant has inspected the Premises and the Building and accepts them in their "as is" condition. Notwithstanding the foregoing, Landlord represents that, to its knowledge, the Building electrical, mechanical, HVAC, plumbing and sprinkler systems are in good working order and have been brought to and are serving the Premises. Notwithstanding the prohibition on the construction of "ALTERATIONS" in Section 8.03 hereof, Landlord consents to Tenant's construction of leasehold improvements and installations to prepare the Premises for Tenant's initial occupancy (the "LEASEHOLD IMPROVEMENTS") subject to the terms and conditions of this Section 3. Construction of the Leasehold Improvements shall be at Tenant's sole cost and expense, subject to Landlord's obligation to pay the "CONSTRUCTION ALLOWANCE" (as defined in subsection (f) below) to Tenant upon Tenant's compliance with the terms and conditions of this Section 3. Tenant shall promptly commence construction of the Leasehold Improvements and shall proceed with diligence and dispatch to complete the same, subject to the terms and conditions of this Section 3.