THE INSTALLATION OF TENANT'S SIGNS.
12.
ALTERATIONS.
EXCEPT FOR COSMETIC ALTERATIONS (SUCH AS PAINTING,
WALL COVERING AND FLOOR COVERING) THAT (I) ARE NOT VISIBLE FROM THE EXTERIOR OF
THE PREMISES, (II) DO NOT AFFECT THE STRUCTURE OF THE BUILDING OR ANY BUILDING
SYSTEM, (III) DO NOT REQUIRE PENETRATIONS INTO THE FLOOR, CEILING OR WALLS, AND
(IV) DO NOT REQUIRE WORK WITHIN THE WALLS, BELOW THE FLOOR OR ABOVE THE CEILING,
TENANT SHALL NOT MAKE OR PERMIT ANY ALTERATIONS IN OR TO THE PREMISES WITHOUT
FIRST OBTAINING LANDLORD'S CONSENT, WHICH CONSENT SHALL NOT BE UNREASONABLY
WITHHELD.
WITH RESPECT TO ANY ALTERATIONS MADE BY OR ON BEHALF OF TENANT
(WHETHER OR NOT THE ALTERATION REQUIRES LANDLORD'S CONSENT):
(I) NOT LESS THAN
10 DAYS PRIOR TO COMMENCING ANY ALTERATION, TENANT SHALL DELIVER TO LANDLORD THE
PLANS, SPECIFICATIONS AND NECESSARY PERMITS FOR THE ALTERATION, TOGETHER WITH
CERTIFICATES EVIDENCING THAT TENANT'S CONTRACTORS AND SUBCONTRACTORS HAVE
ADEQUATE INSURANCE COVERAGE NAMING LANDLORD, LIBERTY PROPERTY TRUST AND ANY
OTHER ASSOCIATED OR AFFILIATED ENTITY AS THEIR INTERESTS MAY APPEAR AS
ADDITIONAL INSUREDS, (II) TENANT SHALL OBTAIN LANDLORD'S PRIOR WRITTEN APPROVAL
OF ANY CONTRACTOR OR SUBCONTRACTOR WHICH APPROVAL SHALL NOT BE UNREASONABLY
WITHHELD, CONDITIONED, OR DELAYED, (III) THE ALTERATION SHALL BE CONSTRUCTED
WITH NEW MATERIALS, IN A GOOD AND WORKMANLIKE MANNER, AND IN COMPLIANCE WITH ALL
LAWS AND THE PLANS AND SPECIFICATIONS DELIVERED TO, AND, IF REQUIRED ABOVE,
APPROVED BY LANDLORD, WHICH APPROVAL SHALL NOT BE UNREASONABLY WITHHELD,
CONDITIONED, OR DELAYED, (IV) TENANT SHALL PAY LANDLORD ALL REASONABLE COSTS AND
EXPENSES IN CONNECTION WITH LANDLORD'S REVIEW OF TENANT'S PLANS AND
SPECIFICATIONS, AND OF ANY SUPERVISION OR INSPECTION OF THE CONSTRUCTION
LANDLORD DEEMS NECESSARY, BUT NOT TO EXCEED TEN PERCENT (10%) OF THE ANTICIPATED
COST OF THE ALTERATION, AND (V) UPON LANDLORD'S REQUEST TENANT SHALL, PRIOR TO
COMMENCING ANY ALTERATION, PROVIDE LANDLORD REASONABLE SECURITY AGAINST LIENS
ARISING OUT OF SUCH CONSTRUCTION.
ANY ALTERATION BY TENANT SHALL BE THE
PROPERTY OF TENANT UNTIL THE EXPIRATION OR TERMINATION OF THIS LEASE; AT THAT
TIME WITHOUT PAYMENT BY LANDLORD THE ALTERATION SHALL REMAIN ON THE PROPERTY AND
BECOME THE PROPERTY OF LANDLORD UNLESS LANDLORD GIVES NOTICE TO TENANT TO REMOVE
IT, IN WHICH EVENT TENANT WILL REMOVE IT, WILL REPAIR ANY RESULTING DAMAGE AND
WILL RESTORE THE PREMISES TO THE CONDITION EXISTING PRIOR TO TENANT'S ALTERATION
EXCEPT FOR REASONABLE NORMAL WEAR AND TEAR.
AT TENANT'S REQUEST PRIOR TO TENANT
MAKING ANY ALTERATIONS, LANDLORD WILL NOTIFY TENANT WHETHER TENANT IS REQUIRED
TO REMOVE THE ALTERATIONS AT THE EXPIRATION OR TERMINATION OF THIS LEASE.
TENANT MAY INSTALL ITS TRADE FIXTURES, FURNITURE AND EQUIPMENT IN THE PREMISES,
PROVIDED THAT THE INSTALLATION AND REMOVAL OF THEM WILL NOT AFFECT ANY
STRUCTURAL PORTION OF THE PROPERTY, ANY BUILDING SYSTEM OR ANY OTHER EQUIPMENT
OR FACILITIES SERVING THE BUILDING OR ANY OCCUPANT.
NOTWITHSTANDING ANYTHING
HEREIN TO THE CONTRARY, TENANT IS PERMITTED TO MAKE ALTERATIONS THAT (I) ARE NOT
VISIBLE FROM THE EXTERIOR OF THE PREMISES, (II) DO NOT AFFECT THE STRUCTURE OF
THE BUILDING OR THE OPERATION OF ANY BUILDING