Common use of Tenant's Right to Make Alterations Clause in Contracts

Tenant's Right to Make Alterations. A. Subject to the prior approval of the Landlord, which approval shall not be unreasonably withheld, delayed, or conditioned, Tenant shall be entitled to build, make any alterations, rebuildings, replacements, changes, improvements or additions to the Premises (hereinafter referred to collectively as the "Alterations" or "Improvements"). B. Subject to the provisions herein, Tenant has the right to make any Alterations as long as Tenant complies with the requirements set forth below: (i) that the same shall be performed in a first class workmanlike manner; (ii) that before the commencement of any such work, Tenant's plans and specifications shall be filed with and approved by necessary government authorities and any public utility company and such work shall be done subject to and in accordance with all applicable law; (iii) all Improvements shall be and remain the property of the Tenant until the Term expires. Upon that date, Landlord shall, at its option, direct the Tenant to either deliver the Improvements to the Landlord or remove the Improvements from the Property. Tenant shall repair any damages caused by the removal of an Improvement at Tenant's cost. (iv) Tenant agrees to pay any increase in taxes or make payment in lieu of taxes for any increase in taxes over the base year 2000 that are assessed as a result of an Improvement or Alteration made by Tenant. (v) Tenant agrees that it shall provide a bond to insure the completion of any Alteration in excess of $25,000.00. (vi) All work shall be subject to inspection and approval by the Landlord, consistent with Landlord's approval under SubParagraph A hereof and Section

Appears in 1 contract

Sources: Agreement for Transfer of Ownership (Philipp Brothers Chemicals Inc)

Tenant's Right to Make Alterations. A. Subject Tenant, at its sole cost and expense, shall have the right, at any time and from time to time during the term of this Lease, to make changes and alterations to the Leased Premises (“Tenant Changes”), subject, however, in all cases, to the following: (1) Landlord's prior approval of the Landlordwritten consent, which approval consent shall not be unreasonably withheld, delayed, or conditioned, Tenant shall be entitled to build, make any alterations, rebuildings, replacements, changes, improvements or additions to the Premises (hereinafter referred to collectively as the "Alterations" or "Improvements"). B. Subject to the provisions herein, Tenant has the right to make any Alterations as long as Tenant complies with the requirements set forth below: (i) that the same shall be performed in a first class workmanlike manner; (ii2) that before No Tenant Change shall be undertaken until the commencement Tenant shall have procured and paid for all required permits and authorizations of all municipal departments and governmental subdivisions having jurisdiction; and, at Tenant's expense, the Landlord shall join in application for such permits and authorizations whenever such action is necessary provided Tenant bears all costs borne by Landlord in joining the application. (3) The cost of any such workTenant Changes shall be paid in cash or its equivalent by the Tenant, so that the Leased Premises shall at all times be free of liens for labor or materials supplied or claimed to have been supplied to the Leased Premises. (4) Except with respect to any Tenant's plans and specifications Property, any such Tenant Changes shall be filed with and approved by necessary government authorities and any public utility company and such work shall be done subject to and in accordance with all applicable law; (iii) all Improvements shall immediately upon incorporation into the Leased Premises be and remain become the property of the Tenant until Landlord, subject to the Term expires. Upon that date, Landlord shall, at its option, direct leasehold rights of the Tenant to either deliver the Improvements to the Landlord or remove the Improvements from the Property. hereunder (Tenant shall repair any damages caused by the removal of an Improvement at Tenant's costProperty is defined as grow lights). (iv) Tenant agrees to pay any increase in taxes or make payment in lieu of taxes for any increase in taxes over the base year 2000 that are assessed as a result of an Improvement or Alteration made by Tenant. (v) Tenant agrees that it shall provide a bond to insure the completion of any Alteration in excess of $25,000.00. (vi) All work shall be subject to inspection and approval by the Landlord, consistent with Landlord's approval under SubParagraph A hereof and Section

Appears in 1 contract

Sources: Commercial Lease Agreement (Home Treasure Finders, Inc.)

Tenant's Right to Make Alterations. A. Subject Tenant, at its sole cost and expense, shall have the right, at any time and from time to time during the term of this Lease, to make changes and alterations to the Leased Premises (“Tenant Changes”), subject, however, in all cases, to the following: 1. Landlord's prior approval of the Landlordwritten consent, which approval consent shall not be unreasonably withheld, delayed, or conditioned, ; 2. No Tenant Change shall be undertaken until the Tenant shall have procured and paid for all required permits and authorizations of all municipal departments and governmental subdivisions having jurisdiction; and, at Tenant's expense, the Landlord shall join in application for such permits and authorizations whenever such action is necessary provided Tenant bears all costs borne by Landlord in joining the application. 3. The cost of any Tenant Change shall be entitled paid in cash or its equivalent by the Tenant, so that the Leased Premises shall at all times be free of liens for labor or materials supplied or claimed to build, make any alterations, rebuildings, replacements, changes, improvements or additions have been supplied to the Premises (hereinafter referred to collectively as the "Alterations" or "Improvements")Leased Premises. B. Subject 4. Except with respect to the provisions hereinany Tenant's Property, Tenant has the right to make any Alterations as long as Tenant complies with the requirements set forth below: (i) that the same shall be performed in a first class workmanlike manner; (ii) that before the commencement of any such work, Tenant's plans and specifications Tenant Change shall be filed with and approved by necessary government authorities and any public utility company and such work shall be done subject to and in accordance with all applicable law; (iii) all Improvements shall immediately upon incorporation into the Leased Premises be and remain become the property of the Tenant until Landlord, subject to the Term expires. Upon that date, Landlord shall, at its option, direct leasehold rights of the Tenant to either deliver the Improvements to the Landlord or remove the Improvements from the Property. Tenant shall repair any damages caused by the removal of an Improvement at Tenant's costhereunder. (iv) Tenant agrees to pay any increase in taxes or make payment in lieu of taxes for any increase in taxes over the base year 2000 that are assessed as a result of an Improvement or Alteration made by Tenant. (v) Tenant agrees that it shall provide a bond to insure the completion of any Alteration in excess of $25,000.00. (vi) All work shall be subject to inspection and approval by the Landlord, consistent with Landlord's approval under SubParagraph A hereof and Section

Appears in 1 contract

Sources: Lease Agreement