Common use of Moving out of the Premises Clause in Contracts

Moving out of the Premises. 4.3.1.1 When this Lease ends, you must have completed the Reinstatement Works in line with this Lease (including the Tenants’ Guide), and return the Premises and all keys (including mailbox keys) to us. 4.3.1.2 If you fail to keep to clause 4.3.1.1, we may carry out the Reinstatement Works. If we do this, you must pay us immediately: (a) all our costs and expenses, and (b) an amount equal to double the amount of Gross Rent due for the period it takes us to carry out and complete the Reinstatement Works. 4.3.1.3 If we agree that you do not need to carry out the Reinstatement Works, we may require you to pay a reinstatement amount, which we will estimate based on the costs and expenses that we may need to pay to carry out and complete the Reinstatement Works. After making this payment, you will be considered to have transferred all such fixtures and fittings to us and we may remove, dispose or deal with them as we see fit, and you may not claim for any money left over after our removing, disposing or dealing with such fixtures and fittings. 4.3.1.4 Any invoice we give you of the amounts you must pay to us under clauses 4.3.1.2

Appears in 2 contracts

Sources: Lease Agreement (Phaos Technology (Cayman) Holdings LTD), Lease Agreement (Phaos Technology (Cayman) Holdings LTD)

Moving out of the Premises. 4.3.1.1 When this Lease ends, you must have completed the Reinstatement Works in line with this Lease (including the Tenants' Guide), and return the Premises and all keys (including mailbox keys) to us. 4.3.1.2 If you fail to keep to clause 4.3.1.1, we may carry out the Reinstatement Works. If we do this, you must pay us immediately: (a) all our costs and expenses, and (b) an amount equal to double the amount of Gross Rent due for the period it takes us to carry out and complete the Reinstatement Works. 4.3.1.3 If we agree that you do not need to carry out the Reinstatement Works, we may require you to pay a reinstatement amount, which we will estimate based on the costs and expenses that we may need to pay to carry out and complete the Reinstatement Works. After making this payment, you will be considered to have transferred all such fixtures and fittings to us and we may remove, dispose or deal with them as we see fit, and you may not claim for any money left over after our removing, disposing or dealing with such fixtures and fittings. 4.3.1.4 Any invoice we give you of the amounts you must pay to us under clauses 4.3.1.2

Appears in 1 contract

Sources: Lease Agreement (Fluidigm Corp)