Delivery of Space. On the Surrender Date, Tenant shall deliver to Landlord vacant possession of the 225 Premises, free and clear of all tenancies, broom clean and otherwise in the condition required by the Lease for delivery to Landlord at the end of the Term. Upon possession of the 225 Premises by the New Tenant (as defined below) Tenant shall be deemed to be in compliance with the foregoing sentence. Notwithstanding the foregoing Landlord acknowledges that Tenant has advised Landlord that Tenant has entered into an agreement (the “PA Agreement”) with the Port Authority of New York and New Jersey, the new tenant of the 225 Premises (the “New Tenant”), to purchase certain installations, equipment and furniture owned by Tenant (“PA Agreement Items”) and located in the 225 Premises. Provided that Tenant furnishes Landlord with a true and correct copy of the PA Agreement, Tenant shall be permitted to leave in the 225 Premises those items being purchased pursuant to the PA Agreement.
Appears in 1 contract
Sources: Lease (Actv Inc /De/)
Delivery of Space. On the Surrender Date, Tenant shall deliver to Landlord vacant possession of the 225 Premises, free and clear of all tenancies, broom clean and otherwise in the condition required by the Lease for delivery to Landlord at the end of the Term. Upon possession of the 225 Premises by the New Tenant (as defined below) Tenant shall be deemed to be in compliance with the foregoing sentence. Notwithstanding the foregoing Landlord acknowledges that Tenant has advised Landlord that Tenant has entered into an agreement (the “"PA Agreement”") with the Port Authority of New York and New Jersey, the new tenant of the 225 Premises (the “"New Tenant”"), to purchase certain installations, equipment and furniture owned by Tenant (“"PA Agreement Items”") and located in the 225 Premises. Provided that Tenant furnishes Landlord with a true and correct copy of the PA Agreement, Tenant shall be permitted to leave in the 225 Premises those items being purchased pursuant to the PA Agreement.
Appears in 1 contract
Sources: Lease (Actv Inc /De/)