Common use of Surrender of Leased Property Clause in Contracts

Surrender of Leased Property. In the event the County should default under this Lease and the Lease Term is terminated or in the event of a termination of this Lease pursuant to Section 4.06 hereof, the County agrees to surrender possession of the Leased Property peaceably and promptly to BB&T in as good condition as prevailed at the time it was put in full possession thereof, loss by fire or other casualty covered by insurance, ordinary wear and tear, obsolescence and acts of God excepted.

Appears in 3 contracts

Sources: Lease Agreement, Lease Agreement, Lease Agreement