FOR
REMOVAL (IF REQUIRED BY LEGAL REQUIREMENTS OR BY TENANT FOR INSTALLATION OF
TENANT'S WIRING SERVING THE PREMISES) AND/OR MANAGEMENT OF ANY AND ALL WIRING IN
THE CEILING OF THE SECOND FLOOR OF THE BUILDING WHICH IS NOT NEEDED BY TENANT TO
SERVICE THE PREMISES AND WHICH WILL BE CUT BY TENANT WITH THE
F-6
COOPERATION OF LANDLORD.
LANDLORD AND TENANT SHALL REASONABLY COOPERATE IN THE
INSTALLATION AND REMOVAL OF ANY AND ALL EXISTING WIRING IN THE FLOOR OF THE
PREMISES AND THE CEILING OF THE SECOND FLOOR OF THE BUILDING.
TENANT SHALL HAVE
THE RIGHT TO INSTALL WIRING IN THE CEILING OF THE SECOND FLOOR OF THE BUILDING
IN COOPERATION WITH LANDLORD, PROVIDED THAT TENANT SHALL IN NO WAY DISTURB OR
INTERFERE WITH ANY EXISTING WIRING CURRENTLY IN THE CEILING OF THE SECOND FLOOR
OF THE BUILDING WHICH SERVES ANY OTHER PORTION OF THE BUILDING, AND TENANT SHALL
PERFORM ANY SUCH INSTALLATION DURING NON-BUILDING HOURS.
ARTICLE III
TERM; DELIVERY OF POSSESSION; CONDITION OF PREMISES
3.1
THIS LEASE AND ALL OF ITS PROVISIONS SHALL BE IN FULL FORCE AND
EFFECT FROM AND AFTER THE DATE FIRST ABOVE WRITTEN (WHICH DATE, UNLESS OTHERWISE
EXPRESSLY PROVIDED HEREIN, SHALL BE THE DATE ON WHICH THE LAST OF LANDLORD OR
TENANT EXECUTES AND DELIVERS THIS LEASE).
THE TERM OF THIS LEASE ("TERM") SHALL
COMMENCE ON THE COMMENCEMENT DATE AND SHALL END ON THE EXPIRATION DATE, UNLESS
THE TERM SHALL SOONER TERMINATE, PURSUANT TO THE PROVISIONS OF THIS LEASE, OR BE
EXTENDED PURSUANT TO THE PROVISIONS OF EXHIBIT F.
3.2
IN CONSIDERATION OF TENANT'S OBLIGATIONS UNDER THIS LEASE,
LANDLORD HEREBY CONVEYS TO TENANT DURING THE TERM, ALL OF LANDLORD'S OWNERSHIP
INTEREST IN THE PERSONALTY LOCATED WITHIN THE PREMISES, AS LISTED ON EXHIBIT H
ATTACHED HERETO (THE "PERSONALTY").
LANDLORD MAKES NO REPRESENTATIONS OR
WARRANTIES AS TO THE PHYSICAL CONDITION OR TITLE TO THE PERSONALTY (EXCEPT THAT
(I) LANDLORD IS THE SOLE OWNER OF THE PERSONALTY, AND (II) THE PERSONALTY IS
FREE FROM ANY LIENS AND ENCUMBRANCES), TENANT AGREEING TO ACCEPT SUCH PERSONALTY
"AS IS."
LANDLORD SHALL HAVE NO OBLIGATION DURING THE TERM HEREOF TO INSURE OR
OTHERWISE REPAIR OR REPLACE ANY OF THE PERSONALTY AS A RESULT OF ANY CASUALTY,
THEFT OR OTHER LOSS OR DAMAGE THERETO.
UPON THE EARLY TERMINATION, IF
APPLICABLE, OF THE TERM HEREOF, TENANT SHALL REMOVE ALL REMAINING PERSONALTY
FROM THE PREMISES.
UPON THE FULL EXECUTION OF THIS LEASE BY ALL PARTIES, THE
PERSONALTY SHALL AUTOMATICALLY AND WITHOUT ANY ACTION BY TENANT BECOME THE SOLE
PROPERTY OF TENANT; PROVIDED THAT IF REQUESTED BY TENANT, LANDLORD SHALL DELIVER
TO TENANT A BILL OF SALE FOR SUCH PERSONALTY TRANSFERRING THE PERSONALTY TO
TENANT IN ITS THEN "AS IS" CONDITION, WITHOUT ANY REPRESENTATION AND WARRANTY AS
TO THE CONDITION OF THE PERSONALTY.
3.3
SUBSEQUENT TO THE COMMENCEMENT DATE, TENANT SHALL CAUSE THE TENANT
IMPROVEMENT WORK TO BE SUBSTANTIALLY COMPLETED IN ACCORDANCE WITH AND UPON THE
TERMS AND CONDITIONS SET FORTH IN EXHIBIT B HEREOF.
LANDLORD SHALL HAVE NO
OBLIGATION TO ALTER, IMPROVE, DECORATE OR