RES 348 Draft 01 2006-2008 - Laserfiche WebLink

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executed by both Landlord and Tenant, said occupancy by Tenant shall be subject to all ofthe terms and conditions hereof, and Tenant shall pay Monthly Rent commencing as ofthe Rent Commencement Date at the monthly rate prescribed herein for the first month of the term, unless otherwise agreed by Landlord and Tenant. If the work required to be performed by Landlord within the Premises depends wholly or partly on work to be performed by Tenant, then the Premises shall be deemed ready for occupancy on the date they would have been ready for occupancy if Tenant had performed its work in a diligent and timely manner and in accordance with the schedule for the performance of that work proposed by Tenant and approved by Landlord. d. Payment of Rent. Except as provided in Paragraph 3.c above, Monthly Rent, and other charges under this Lease shall be due and payable as of the Rent Commencement Date. Tenant shall make the first Monthly Rent payment on or before such date, which shall be accompanied by any other payments due from Tenant to Landlord under this Lease. If the date as of which the rent is to commence is a date other than the first day of the month, the payments due under this Paragraph 3.d shall be prorated accordingly. e. Extension. Except as may otherwise be provided herein, Landlord shall have no obligation to extend or renew this Lease upon its termination or upon such termination to give another lease to Tenant covering the Premises, and upon termination Landlord may lease the Premises to others to operate therein a business the same as or different from that operated by Tenant. 4. Surrender and Holdin¢ Over. a. Surrender Upon Termination. Upon the termination ofthis Lease, Tenant shall surrender the Premises in the same condition of cleanliness, repair and sightliness as the Premises were upon Tenant's commencement of business under this Lease. Tenant shall surrender all keys for the Premises to Landlord at the place then fixed for the payment of rent and shall inform Landlord about all combinations on locks, safes and vaults, if any, in the Premises. On such day, unless Landlord shall, in its sole discretion, require the removal thereof, all alterations, additions, improvements, all hard surface bonded or adhesively affixed flooring, and all fixtures in the Premises and installed in the Common Areas by Tenant shall become the property of Landlord and shall remain upon and be surrendered with the Premises as a part thereof, without disturbance, molestation or injury, and without credit to Tenant, its sub-lessees, concessionaires or licensees. On or before the last day of the term or the sooner termination hereof, Tenant, if not then in default, shall remove all trade fixtures, operating equipment and other personal property of Tenant and, if required by Landlord, remove all alterations, additions, improvements, flooring and other fixtures, from the Premises and Common Areas and repair any damage occasioned by any such removal. If Landlord is required to repair any damage caused to the Premises or Common Areas by such removal, Tenant shall repay Landlord for the cost of the same. Property not so removed shall be deemed abandoned by Tenant. Ifthe Premises are not surrendered at such time, Tenant shall indemnify Landlord against loss or liability resulting from delay by Tenant in so surrendering the Premises, including without limitation, any claims made by any succeeding tenant based on such delay, and/or Landlord's lost rental income. Tenant's obligation to observe or perform this covenant shall survive the termination ofthis Lease. SUITE 67 02 1 6103 LEASE AGREEMENT ALIT PLAZA "B", LLC /COUNTY OF HAWAII l0