Lease Agreement - Catalyst Two LLC - IT Lease at Innovation Park

Home Browse Search

DocuSign Envelope ID: 3FB83184-B2B8-4211-B06A-AD20CB7020F8 and use of the Leased Premises or any part thereof or render Landlord liable to Tenant for damages by abatement of rent or otherwise or relieve Tenant from the obligation to pay rent and otherwise perform its covenants under this Lease. ARTICLE 7 REPAIRS,,MAINTENANCE AND ALTERATIONS Section 7.1 repair and. Kiintenance of Bu ldrtm, Landlord shall make all necessary repairs and replacements to the roof, exterior walls, exterior doors, windows, corridors and other Common Areas and use reasonable efforts to keep all equipment used in common with other tenants in good condition and repair, ordinary wear and tear excepted. The cost of such repairs, replacements and maintenance, shall be borne by Landlord except to the extent any repairs are required because of the negligence or misuse of Tenant, its employees, agents, contractors, customers or invitees, in which case, such repairs shall be made at Tenant's sole expense. Notwithstanding the foregoing, in the event any repair is necessitated by a structural or latent defect in the roof or structural components of the Building or in the Building's exterior parking surface, the costs of such repair will be the responsibility of Landlord and will not be recoverable from Tenant. Section ' i��,1��ir �rr�mci 11l�rttat�tl��rt�� of Leased Premises. Tenant shall keep and maintain the Leased Premises in good condition and repair, ordinary wear and tear excepted. Notwithstanding the above, Tenant shall be solely responsible for any repair or replacement with respect to Tenant's Property (as defined 1n Section �. 1 below) located in the Leased Premises. Nothing in this Articje 1„ shall obligate Landlord or Tenant to repair normal wear and tear to any paint, wall covering or carpet in the Leased Premises. Section 7.3 Alterations. Tenant shall not permit alterations in or to the Leased Premises unless and until Landlord has approved the plans therefor in writing. As a condition of such approval, Landlord may require Tenant to remove the alterations and restore the Leased Premises upon expiration or earlier termination of this Lease; otherwise, all such alterations shall at Landlord's option become a part of the realty and the property of Landlord and shall not be removed by Tenant. Tenant shall ensure that all alterations shall be made in accordance with all applicable laws, regulations and building codes, in a good and workmanlike manner and of quality equal to or better than the original construction of the Building. No person shall be entitled to any lien derived through or under Tenant for any labor or material furnished to the Leased Premises, and nothing in this Lease shall be construed to constitute Landlord's consent to the creation of any lien. If any lien is filed against the Leased Premises for work claimed to have been done for or material claimed to have been furnished to Tenant, Tenant shall cause such lien to be discharged of record within thirty (30) days after filing. Tenant shall protect, defend, indemnify and hold Landlord, its agents, employees and contractors harmless from and against any and all claims, damages, demands, penalties, costs, liabilities, losses, and expenses (including reasonable attorneys' fees and expenses) in connection with any construction or alteration and any related lien. LEASE AGREEMENT— CITY OF SOUTvi BEND AT IGNiTION PARK PAGE 7