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8869-16 Lease Agreement with Lakewood Child Care Center
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8869-16 Lease Agreement with Lakewood Child Care Center
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6/9/2016 3:09:12 PM
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6/9/2016 3:08:54 PM
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6. ALTERATIONS AND FIXTURES <br />6.1 Alterations: Tenant shall not make any alterations or additions (collectively <br />"Alterations ") to the Premises during the Term which (a) affect any structural element <br />of the Building or its life safety or security system or (b) cost more than Ten <br />Thousand ($10,000.00) Dollars individually or Twenty -five Thousand ($26,000.00) <br />Dollars in the aggregate during any calendar year except in accordance with plans <br />and specifications first approved by Landlord in writing, which approval shall not be <br />unreasonably withheld or delayed. All alterations and additions for which approval is <br />required shall be part of the Building and shall remain In the Building upon the <br />termination of this Lease unless Tenant specifies when it submits its plans and <br />specifications therefor that it will remove the alterations and additions upon such <br />termination or expiration and restore the Premises to a broom clean condition <br />substantially equivalent to its former condition. <br />Before Tenant commences any alteration or addition it shall secure all licenses and <br />permits required for the work, deliver to Landlord a list of all contractors and <br />subcontractors and the estimated cost of all labor and materials to be furnished by <br />them, and cause each contractor to carry Workers' Compensation insurance in the <br />full amounts required by law and reasonable comprehensive public liability and <br />property damage insurance coverage, and upon Landlord's request shall deliver to <br />Landlord certificates evidencing such Insurance. Tenant agrees to pay promptly when <br />due the entire cost of any work done In respect of its alterations and additions and to <br />promptly discharge or bond any liens for labor performed or materials furnished in <br />connection therewith that may attach to the Premises or the Building. <br />6.2 Fixtures and Personal Property: Tenant may install in the Premises such trade <br />fixtures, equipment, furniture and personal property (collectively "Fixtures ") as it <br />considers advisable for the conduct of Its business. All fixtures Installed by or at the <br />expense of Tenant shall remain the property of Tenant. Upon the Lease Termination, <br />Tenant shall remove all Fixtures from the Premises, except alterations and additions <br />made by Tenant to the extent they are required or permitted to remain in the <br />Premises under the terms of paragraph 6.1 above. If within ten (10) days after Lease <br />Termination Tenant has not removed all Fixtures from the Premises which are <br />required or permitted to be removed or to repair any damage caused by such <br />removal, then Landlord shall have the right, at its option, to be exercised by written <br />notice to Tenant to: (a) notify Tenant that such remaining Fixtures shall be deemed <br />abandoned by Tenant if not removed within ten (10) days of Tenant's receipt of such <br />notice or (b) remove such Fixtures, make the necessary restorations to the Premises <br />and /or repair the damage caused by such removal, as the case may be, whereupon <br />Tenant shall pay the cost thereof to Landlord within ten (10) days after receipt of an <br />Invoice. <br />UTILITIES AND SERVICES <br />7.1 Egyment by Tenant: The cost of electricity shall be included in the Base Rent set <br />forth in Section 31 hereinabove. However, Tenant shall pay for all replacements of <br />light bulbs and fluorescent lighting tubes, starters, ballasts and emergency and exit <br />lights In the Premises. In addition, Tenant shall be responsible to provide and pay for, <br />at its sole cost and expense, all nightly cleaning and janitorial services, as well as all <br />Internal facility maintenance of the Premises. <br />
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