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<br />City of Sunny Isles Beach |Request for Proposal No. 22-09-01 24 <br /> <br />2.24 CONTRACTOR INDEMNITY: <br /> <br />Tenant shall require any contractor performing any work in connection with its Improvements to indemnify <br />and hold Landlord (including its elected officials, officers, employees and agents) harmless from any and all <br />loss, damage, cost, or expense, including, but not limited to, attorney fees and court costs through all trial <br />and appellate levels with respect to personal injury, property damage or both caused by such contractor, <br />its subcontractors, agents and employees in connection with performing such work. <br /> <br />2.25 CASUALTY DURING LAST TWELVE MONTHS: <br /> <br />Notwithstanding the foregoing, if the Premises is damaged or destroyed by fire or other casualty during the <br />last twelve (12) months of the Initial Term or the then- running Renewal Term, Tenant may elect not to <br />rebuild and to terminate this Lease; provided that Landlord shall receive insurance proceeds in the <br />full amount of the casualty loss. In the event that Tenant elects to terminate this Lease and the insurance <br />proceeds are less than the amount of the unpaid rent for the balance of the Lease Term, tenant agrees to <br />pay the difference to Landlord in cash (or cash equivalent) within 5 days after receipt of a bill from Landlord. <br /> <br />2.26 ALTERATIONS: <br /> <br />I. Consent to Alterations. Subject to the prior written consent of Landlord, which consent shall not <br />be unreasonably withheld, Tenant may, at its sole cost and expense, make alterations, <br />replacements, additions, changes, and improvements (collectively referred to in this Article as <br />"Alterations") to the Premises as it may find necessary or convenient for its purposes, but only <br />after giving Landlord written notice thereof, together with copies of all architectural plans and <br />specifications relating to any such Alteration. <br /> <br />II. Ownership of Alterations. All Alterations made on the Premises shall become the property of <br />Landlord at the expiration or termination of the Lease Term and shall be surrendered with the <br />Premises. <br /> <br />III. Alterations Required by Law. Tenant shall, at its sole cost and expense, make any Alteration to or <br />on the Premises, or any part thereof, which may be necessary or required by reason of any law, <br />rule, regulation, or order promulgated by competent government authority. <br /> <br />IV. General Conditions Relating to Alterations. Any Tenant Alteration shall be subject to the following <br />conditions: <br /> <br />a. No Alteration shall be undertaken until Tenant shall have procured and paid for all <br />required permits and authorizations of all municipal departments and governmental <br />subdivisions having jurisdiction. <br /> <br />b. Any Alteration involving an estimated cost of more than $100,000 shall be conducted <br />under the supervision of a licensed architect or engineer selected by Tenant and <br />satisfactory to Landlord, and shall be made in accordance with detailed plans and <br />specifications and cost estimates prepared by such architect or engineer and approved in