Disposition of Personal Property Sample Clauses
The Disposition of Personal Property clause outlines how an individual's personal belongings are to be distributed after their death. It typically specifies which items go to which beneficiaries, such as jewelry to a child or furniture to a friend, and may include instructions for selling or donating certain assets. This clause ensures that the decedent's wishes regarding their personal property are clearly documented and legally enforceable, thereby preventing disputes among heirs and providing clarity in the estate administration process.
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Disposition of Personal Property. BY SIGNING THIS RENTAL AGREEMENT TENANT AGREES THAT UPON SURRENDER, ABANDONMENT, OR RECOVERY OF POSSESSION OF THE DWELLING UNIT DUE TO THE DEATH OF THE LAST REMAINING TENANT, AS PROVIDED BY CHAPTER 83, FLORIDA STATUTES, LANDLORD SHALL NOT BE LIABLE OR RESPONSIBLE FOR STORAGE OR DISPOSITION OF TENANT’S PERSONAL PROPERTY.
Disposition of Personal Property. Tenant shall not vacate or abandon the Premises at any time during the Lease Term, and if Tenant shall abandon, vacate, or surrender (whether at the end of the stated Term or otherwise) the Premises, or shall be dispossessed by process of law or otherwise and Tenant shall thereafter cease paying its Rent, then any personal property belonging to Tenant left on the Premises shall be deemed abandoned and may be sold or otherwise disposed of by Landlord without any liability to Tenant whatsoever. Tenant shall not at any time remove Landlord's property or any fixtures constituting property of Landlord from the Premises. Any removal of Landlord's property from the Premises by Tenant shall constitute a material breach of this Lease and Landlord shall have the right to take all reasonable steps to stop or prevent such breach without such actions constituting a constructive eviction of Tenant.
Disposition of Personal Property. Tenant shall not at any time remove Landlord’s property or any fixtures constituting property of Landlord from the Premises. Any removal of Landlord’s property from the Premises by Tenant shall constitute a material breach of this Lease and Landlord shall have the right to take all reasonable steps to stop or prevent such breach without such actions constituting a constructive eviction of Tenant.
Disposition of Personal Property. In the event of abandonment or termination of Program participation, the TDHE may remove and dispose of any personal property left remaining in the program unit for a period of fifteen (15) days following the date of abandonment and/or termination.
Disposition of Personal Property. (a) Tenant retains ownership of Personal Property unless Tenant and State agree otherwise in writing.
(b) Tenant shall remove Personal Property from the Property by the Termination Date. Tenant is liable for damage to the Property and Improvements resulting from removal of Personal Property.
(c) State may sell or dispose of all Personal Property left on the Property after the Termination Date.
(1) If State conducts a sale of Personal Property, State shall apply proceeds first to the State’s administrative costs in conducting the sale, second to payment of amount that then may be due from the Tenant to the State. State shall pay the remainder, if any, to the Tenant.
(2) If State disposes of Personal Property, Tenant shall pay for the cost of removal and disposal.
Disposition of Personal Property. Resident shall be fully responsible for the removal from the Leased Premises of all personal property of Resident or Resident's guests prior to: the surrender or abandonment of the Unit; the termination of this Lease by lawful eviction; or the expiration of the Term. Any personal property remaining in the Leased Premises shall be deemed abandoned and title shall vest in Landlord and Landlord shall be entitled to dispose of any such personal property in any manner that it deems fit in accordance with Applicable Law. Landlord shall be entitled to recover from Resident the expenses incurred by Landlord in connection with handling, storing or otherwise disposing of such abandoned personal property.
Disposition of Personal Property. Whenever Landlord shall reenter the Premises as provided in Article 12 hereof, or as otherwise provided in this Lease, any property of Tenant not removed by Tenant upon the expiration of the Lease Term (or within forty-eight (48) hours after a termination by reason of Tenant’s default), as provided in this Lease, shall be considered abandoned and Landlord may remove any or all of such items and dispose of the same in any manner or store the same in a public warehouse or elsewhere for the account and at the expense and risk of Tenant, and if Tenant shall fail to pay the cost of storing any such property after it has been stored for a period of ninety (90) days or more, Landlord may sell any or all of such property at public or private sale, in such manner and at such times and places as Landlord, in its sole discretion, may deem proper, without notice or to demand upon Tenant, for the payment of all or any part of such charges or the removal of any such property, and shall apply the proceeds of such sale: first, to the cost and expense of such sale, including reasonable attorneys’ fees for services rendered; second, to the payment of the cost of or charges for storing any such property; third, to the payment of any other sums of money which may then or thereafter be due to Landlord from Tenant under any of the terms hereof; and fourth, the balance, if any, to Tenant.
Disposition of Personal Property. Notwithstanding the above, Tenant shall continue to have access to the Premises through and including the Termination Date in order to remove all of its personal property, equipment and signage (“Personal Property”) from the Premises. In the event that Tenant does not remove its Personal Property from the Premises prior to such Termination Date, Tenant acknowledges that Landlord shall be entitled, but shall not be obligated, to dispose of said Personal Property in any manner it deems fit, and charge the cost of such disposal to Tenant. Tenant hereby waives any rights it may have to notice under the applicable “Laws and Regulations” (as that term is defined in Section 2.13 of the Office Lease) with respect to such Personal Property.
Disposition of Personal Property. A. Regular Assessment of Inventory’s Condition. Questar III administrative personnel shall be responsible for identifying obsolete and surplus equipment and supplies within their area(s) of responsibility. Periodically, but not less than once a year, a determination shall be made as to what equipment, supplies, and/or materials are obsolete and cannot be salvaged or utilized effectively or economically by Questar III.
Disposition of Personal Property. The Corporation shall not sell, lease, sublease, assign, transfer, encumber or otherwise dispose of all or any part or parts of the Facilities not included in the preceding subsections A and B, other than in the “ordinary course of business,” unless the Office gives its prior written consent to such disposition. “Ordinary course of business” shall be defined during the term of this Regulatory Agreement by the Office in the exercise of its sound and reasonable discretion, by the Office giving written notice thereof to the Corporation, which determination will become effective on receipt of such notice by the Corporation. Except as provided in Section VI of this Regulatory Agreement concerning a disposition of substantially all of the Corporation’s assets, in no event shall the Corporation dispose of any part or parts of its Facilities in any Fiscal Year aggregating in excess of two and one-half percent (2-1/2%) of the Corporation’s net property, plant and equipment (as shown on the Corporation’s most recent audited financial statements), unless the Office gives its prior written consent to such disposition.