Utility Installations. (a) Definitions; Consent Required. The term "Utility Installations" refers to all floor and window coverings, air lines, power panels, electrical distribution, security and fire protection systems, communication systems, lighting fixtures, HVAC equipment, plumbing, and fencing in or on the Premises. The term "Trade Fixtures" shall mean Lessee's machinery and equipment that can be removed without doing material damage to the Premises. The term "Alterations" shall mean any modification of the improvements, other than Utility Installations or Trade Fixtures, whether by addition or deletion. "Lessee Owned Alterations and/or Utility Installations" are defined as Alterations and/or Utility Installations made by Lessee that are not yet owned by Lessor pursuant to Paragraph 7.4(a) or that Lessee is permitted to remove pursuant to Addendum 7.4. Lessee shall not make any Alterations or Utility Installations to the Premises without Lessor's prior written consent. Lessee may, however, make non-structural Utility Installations to the interior of the Premises without such consent but upon notice to Lessor, as long as they are not visible from the outside, do not involve puncturing, relocating or removing any existing walls, and the cumulative cost thereof during this Lease as extended does not exceed $100,000 in any one year.
Appears in 1 contract
Sources: Standard Industrial/Commercial Single Tenant Lease (Exodus Communications Inc)
Utility Installations. TRADE FIXTURES; ALTERATIONS. (See Addendum Paragraph 66)
(a) DefinitionsDEFINITIONS; Consent RequiredCONSENT REQUIRED. The term "Utility InstallationsUTILITY INSTALLATIONS" refers to all floor and window coverings, air lines, power panels, electrical distribution, security and fire protection systems, communication systems, lighting fixtures, HVAC equipment, plumbing, and fencing in or on the Premises. The term "Trade FixturesTRADE FIXTURES" shall mean Lessee's machinery and equipment that can be removed without doing material damage to the Premises. The term "AlterationsALTERATIONS" shall mean any modification of the improvements, other than Utility Installations or Trade Fixtures, whether by addition or deletion. "Lessee Owned Alterations and/or Utility InstallationsLESSEE OWNED ALTERATIONS AND/OR UTILITY INSTALLATIONS" are defined as Alterations and/or Utility Installations made by Lessee that are not yet owned by Lessor pursuant to Paragraph 7.4(a) or that Lessee is permitted to remove pursuant to Addendum 7.4). Lessee shall not make any Alterations or Utility Installations to the Premises without Lessor's prior written consent. Lessee may, however, make non-structural Utility Installations to the interior of the Premises (excluding the roof) without such consent but upon notice to Lessor, as long as they are not visible from the outside, do not involve puncturing, relocating or removing the roof or any existing walls, and the cumulative cost thereof during this Lease as extended does not exceed $100,000 50,000 in the aggregate or $10,000 in any one year.
Appears in 1 contract
Sources: Standard Industrial/Commercial Single Tenant Lease (Capstone Turbine Corp)