Common use of Removal Upon Termination Clause in Contracts

Removal Upon Termination. As soon as reasonably practicable but in no event later than twelve (12) months following the expiration or earlier termination of this Lease, Tenant shall, at Tenant's sole cost and expense, (i) remove all improvements made by Tenant and Tenant’s personal property; (ii) restore the soil surface of the Site to a condition reasonably similar to its original condition, provided that Tenant shall have no obligation to restore any land impacted by an act of God except with respect to land impacted by the removal of improvements made by Tenant or property placed thereon by Tenant; and (iii) if the Generating Facility has not been removed within twelve (12) months following the expiration or earlier termination of this Lease, Tenant shall pay to Landlord holdover Rent on a pro rata basis until the Generating Facility is removed. (iv) The obligations of this subsection 7(d) are in addition to the obligations of Tenant set forth in subsection 7(e) hereof.

Appears in 2 contracts

Sources: Option Agreement, Solar Energy Site Lease and Easement Agreement