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ID <br />also be responsible for all damages and required repairs to the Premises, the Building and/or the Common <br />Area resulting solely from the negligence or willful actions of Lessee, its employees, guests, customers, <br />licenses and/or invitees. Upon the expiration or termination of the term of this Lease, Lessee shall deliver <br />and return the Premises to Lessor, subject to the provisions of Section 4.01 and further subject to Lessee's <br />exercise of its Option to Purchase pursuant to Section 6.14, in as good a condition as when the Premises were <br />first received, ordinary wear and tear excepted. <br />(i) Acceptance of Premises. Lessee's taking of possession of the Premises shall constitute a <br />conclusive presumption that Lessee has inspected the Premises, that Lessee has found the Premises to be in <br />good condition, that Lessee accepts the Premises "as-is", and that Lessor has made no representation or <br />warranty to Lessee regarding the condition of the Premises. <br />(j) Observance of Laws. At all times during the term of this Lease, Lessee shall duly obey and <br />comply with all municipal, county, state and federal laws, statutes, ordinances, rules, regulations and codes <br />relating to the upfitting, use and occupancy of the Premises and the conduct of Lessee's business thereon. <br />Lessee shall not store, place or keep upon the Premises, nor shall Lessee release or discharge on, in or upon <br />the Premises or the Property or into any municipal drain or sewer, any Hazardous Substance in violation of <br />any municipal, county, state or federal law, statute, regulation, ordinance, rule, regulation or code. As used <br />herein, the term "Hazardous Substance" shall mean and include any and all petroleum, petroleum byproducts <br />(including, without limitation, crude oil, diesel fuel, fuel oil, gasoline, lubrication oil, oil refuse, oil mixed <br />with other waste, oil sludge and all other hydrocarbons, regardless of specific gravity), natural or synthetic <br />gas products, asbestos, PCB, biologic waste, contaminant or refuse or any other substance, .material, waste, <br />pollutant or contaminant deemed hazardous by any law, statute, ordinance, rule regulation or code. Lessee <br />shall, to the extent permitted by law, hold Lessor harmless from, and shall, to the extent permitted by law, <br />indemnify Lessor for, any and all damages suffered by Lessor as a consequence of Lessee's failure to comply <br />with this paragraph. <br />ARTICLE IV - ALLOCATED RIGHTS AND OBLIGATIONS <br />Section 4.01 Alterations and improvements. <br />(a) Alterations and Improvements. Subsequent to the Commencement Date, Lessee may make <br />alterations and/or improvements to the Premises only with the prior written consent of Lessor. Any and all <br />such alterations and/or improvements shall be made in a good and workmanlike manner and shall not <br />unreasonably disturb or inconvenience the tenants or owners of any other Unit in the Building. Lessor shall <br />famish Lessee with its consent or notice of its refusal to consent to Lessee's proposed alterations and/or <br />improvements within ten (10) days after receipt of Lessee's written request for same, or, in the absence of <br />Lessor's timely written consent or notice, Lessee may proceed without Lessor's consent (which shall be <br />considered the same as and shall constitute Lessor's consent). Lessor's consent shall not be unreasonably <br />refused. Lessor may, however, refuse consent if, in Lessor's reasoned opinion, the proposed alterations and/or <br />improvements cannot be completed in accordance with the requirements of this paragraph, are inconsistent <br />with the permitted use(s) of the Premises, affect the structural integrity of the Premises or the Building, <br />materially threaten the health, safety and welfare of die general public, do not comply with any municipal, <br />county, state or federal safety code (fire, electrical, plumbing, building, etc.), ordinance or regulation, or do <br />not comply with any restriction set forth in this Lease, the Condominium Declaration or the Regulations. In <br />the event Lessee proceeds with any such alteration and/or improvement without Lessor's consent, Lessee <br />shall, at Lessor's election, restore the Premises to the condition in which the Premises existed immediately <br />prior to such alteration and/or improvement. Any and all alterations and/or improvements made by Lessee <br />pursuant to this paragraph shall inure to the benefit of and become the property of Lessor without any <br />obligation on Lessor's part to pay any consideration therefor. <br />-8-