Climate Contract Playbook Edition 3
182
Environmental Improvements means alterations made by the Tenant which improve the Environmental Performance of the Premises, the Estate or the Building;
Environmental Performance means all or any of the following: (a)
the consumption of energy and associated generation of greenhouse gas emissions;
(a) (b)
the consumption of water;
waste generation and management; and
(c) any other environmental impact arising from the use or operation of the Premises, the Estate or the Building;
For Tenant’s alterations covenant The Tenant may, with the Landlord’s consent, which is not to be unreasonably withheld or delayed, carry out [structural and] non-structural works to the Premises [or to unbuilt parts of the Estate] which [the Tenant can demonstrate by the provision of an [energy efficiency report/ecology report/other report]] will improve the Environmental Performance of the Premises, Building or Estate. The Landlord can refuse consent to any proposed works which in the Landlord’s reasonable opinion would have a detrimental impact on the investment value of the Landlord’s reversionary interest in the Premises, Building or Estate.
For Tenant’s Yielding Up covenant By the End Date the Tenant must have removed….
save that the Tenant shall not be required to remove any Environmental Improvements [unless the Landlord has given it at least [X] months’ notice that it is requiring the Tenant to remove all or part of any Environmental Improvements on the basis that those works remaining after the End Date would have a detrimental impact on the investment value of the Landlord’s reversionary interest in the Premises, Building or Estate].
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