Common use of Removal of Other Property Clause in Contracts

Removal of Other Property. The Lessee, at its sole cost and expense, shall remove from the Property on or prior to such expiration or termination, all property which is not owned by the Lessor and shall repair any damage caused by such removal and shall restore the Property to the condition and working order (or reasonable equivalent thereof) in which it existed immediately prior to the installation or removal of such property, except for ordinary wear and tear. Lessee shall indemnify and hold harmless the Lessor, its successors and assigns against any loss, liability, cost, expense, penalty or claim arising out of the Lessee's removal of such property from the Property including any environmental liability arising therefrom. Any such property of the Lessee not so removed shall become the property of the Lessor, and the Lessor may cause such property to be removed and disposed of, and the cost of any such removal and disposition of the Lessee's property and of repairing any damage caused by such removal and of the restoration of the Property to the condition and working order (or reasonable equivalent thereof) in which it existed immediately prior to the installation or removal of such

Appears in 2 contracts

Sources: Lease Agreement (Williams Communications Group Inc), Lease (Williams Communications Group Inc)

Removal of Other Property. The Lessee, at its sole cost and expense, shall remove from the Property Properties on or prior to such expiration or terminationtermination of this Lease, all property which situated thereon that is not owned by the Lessor or leased to the Lessor pursuant to the Ground Lease and shall repair any damage caused by such removal and shall restore the each Property to the condition and working order (or reasonable equivalent thereof) in which it existed immediately prior to the installation or removal of such property, except for ordinary wear and tear. The Lessee shall indemnify and hold harmless the Lessor, its successors and assigns against any loss, liability, cost, expense, penalty or claim arising out of the Lessee's removal of such property from the each Property including any environmental liability arising therefrom. Any such property of the Lessee not so removed shall will become the property of the Lessor, and the Lessor may cause such property to be removed and disposed of, and the cost of any such removal and disposition of the Lessee's property and of repairing any damage caused by such removal and of the restoration of the any Property to the condition and working order (or reasonable equivalent thereof) in which it existed immediately prior to the installation or removal of suchsuch property, ordinary wear and tear excepted, will be borne by the Lessee.

Appears in 1 contract

Sources: Lease (Rite Aid Corp)