Removal of Property. In the event of any entry in, or taking possession of, the Premises upon the termination of this Lease, Landlord shall have the right, but not the obligation, to remove from the Premises all personal property located therein, and may store the same in any place selected by Landlord, including but not limited to a public warehouse, at the expense and risk of the owners thereof, with the right to sell such stored property, without notice to Tenant, after it has been stored for a period of thirty (30) days or more. The proceeds of such sale shall be applied first to the cost of such sale, second to the payment of the charges for storage, if any, and third to the payment of any other sums of money which may then be due from Tenant to Landlord under any of the terms hereof, with the balance, if any, to be paid to Tenant.
Appears in 9 contracts
Sources: Lease Agreement, Lease Agreement, Lease Agreement
Removal of Property. In the event of any entry in, or taking possession of, the Premises upon the termination of this Leaseleased premises as aforesaid, Landlord Port shall have the right, but not the obligation, to remove from the Premises leased premises all personal property located thereintherein or thereon, and may store the same in any place selected by LandlordPort, including but not limited to a public warehouse, at the expense and risk of the owners thereof, with the right to sell such stored property, property without notice to TenantLessee, after it has been stored for a period of thirty at least sixty (3060) days or more. The days, the proceeds of such sale shall to be applied first to the cost of such sale, second to the payment of the charges for storage, if any, and third to the payment of any other sums of money which may then be due from Tenant Lessee to Landlord Port under any of the terms hereof, with and the balance, if any, to be paid to TenantLessee.
Appears in 4 contracts
Sources: Ground Lease Agreement, Ground Lease Agreement, Ground Lease Agreement
Removal of Property. In the event an Event of any entry in, or taking possession of, the Premises upon the termination of this LeaseDefault, Landlord shall have the right, but not the obligation, to remove from the Leased Premises all personal property, fixtures, furnishings and other property located therein, and may to store the same such property in any place selected by Landlord, including including, but not limited to to, a public warehouse, at the expense and risk of the owners thereof, with the right to sell such stored property, without property seven (7) days after notice to Tenant, after it has been stored for a period of thirty (30) days or more. The proceeds of such sale shall be applied first to the cost of such sale, second to the payment of the charges for storage, if any, and third to the payment of any other sums of money which may then be due from Tenant to Landlord under any of the terms hereof, with the balance, if any, to be paid to Tenant.
Appears in 2 contracts
Sources: Lease (Kragen Auto Supply Co), Lease (Renaissance Entertainment Corp)
Removal of Property. In the event of any entry in, or taking possession of, the Premises upon leased premises as aforesaid, the termination of this Lease, Landlord Lessor shall have the right, but not the obligation, to remove from the Premises leased premises all personal property located therein, and may store the same in any place selected by LandlordLessor, including but not limited to a public warehouse, at the expense and risk of the owners thereof, with the right to sell such stored property, without notice to TenantLessee, after it has been stored for a period of thirty (30) days or more. The , the proceeds of such sale shall to be applied first to the cost of such salesales, second to the payment of the charges for storage, if any, and third to the payment of any other sums of money which may then be due from Tenant Lessee to Landlord Lessor under any of the terms hereof, with the balance, if any, to be paid to TenantLessee.
Appears in 2 contracts
Sources: Commercial Lease (Aptus Corp), Commercial Lease (Insynq Inc)
Removal of Property. In Upon the event expiration of any entry inthis Lease or the earlier termination thereof, or taking possession of, the Premises upon the termination abandonment of this Leasethe Premises, Landlord shall have the right, but not the obligation, to remove from the Premises all personal property located therein, and may to store the same in any place selected by Landlord, including but not limited to a public warehouse, at the expense and risk right of the owners thereof, thereof with the right to sell such stored property, without notice to Tenant, after it has been stored for a period of thirty (30) days or more. The proceeds of such sale shall be applied first to the cost of such sale, ; second to the payment of the charges for storage, if any, and ; third to the payment of any other sums of money which may then be due from Tenant to Landlord under any of the terms hereof, with ; and the balance, if any, to shall be paid to Tenant.
Appears in 1 contract
Sources: Lease (Andover Medical, Inc.)
Removal of Property. In the event of any entry in, or taking possession of, the Premises upon the termination of this Leasepremises pursuant to Paragraph 26 below, Landlord Lessor shall have the right, but not the obligation, to remove from the Premises premises all personal property located therein, and may store the same in any place selected by LandlordLessor, including but not limited to a public warehouse, at the expense and risk of the owners thereof, with the right to sell such stored property, without notice to TenantLessee, after it has been stored for a period of thirty (30) days or more. The proceeds of such sale shall be applied first to the cost of such sale, second to the payment of the charges for storage, if any, and third to the payment of any other sums of money which may then be due from Tenant Lessee to Landlord Lessor under any of the terms hereof, with the balance, balance if any, any to be paid to TenantLessee.
Appears in 1 contract
Sources: Lease (Coastal Financial Corp)