Surrender of Subleased Premises. Upon an early termination of this Sublease, Subtenant shall quit and surrender possession of the Subleased Premises to Sublandlord in as good order and condition as the same are now or hereafter may be improved by Prime Landlord or Subtenant, reasonable wear and tear and repairs which are Prime Landlord’s obligation excepted, and shall, without expense to Sublandlord, remove or cause to be removed from the Subleased Premises all debris and rubbish, all furniture, equipment, business and trade fixtures, free-standing cabinet work, movable partitioning and other articles of personal property owned by Subtenant or installed or placed by Subtenant at its expense in the Subleased Premises, and all similar articles of any other persons claiming under Subtenant, and Subtenant shall repair all damage to the Subleased Premises resulting from such removal. If, as a result of a default by Subtenant under this Sublease or any action taken by the Prime Landlord pursuant to the Prime Lease, Sublandlord or Prime Landlord re-enters or re-takes possession of the Subleased Premises prior to the normal expiration of this Sublease, Sublandlord or Prime Landlord shall have the right, but not the obligation, to remove from the Subleased Premises all personal property located therein belonging to Subtenant, and either party may discard such debris, rubbish and personal property or place such personal property in storage in a public warehouse, all at the reasonable expense and risk of Subtenant.
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Sources: Sublease (K12 Inc)
Surrender of Subleased Premises. Upon an early the expiration or other termination of the Term, Subtenant covenants to quit and surrender to Sublandlord or Prime Landlord, as the case may be, the Subleased Premises, in the same condition as received ordinary wear and tear, damage by fire or other casualty excepted, and at Subtenant’s expense to shall remove all of its trade fixtures, personal property and all alterations constructed by Subtenant in the Subleased Premises which are required to be removed under the terms of this SubleaseSublease or the Prime Lease. Any property not so removed shall be deemed to have been abandoned by Subtenant and may be retained or disposed of at Subtenant’s expense by Sublandlord or Prime Landlord, as either may desire. In addition to the indemnification obligations set forth in the Prime Lease, Subtenant shall quit pay Sublandlord holdover rent and surrender possession charges in the amount set forth in Section 8.05 of the Prime Lease for any period from the Expiration Date through the date Subtenant surrenders the Subleased Premises. For clarification, if Subtenant holds over beyond the end of the Term hereof, Subtenant shall owe Sublandlord as rent, an amount equal to the full amount Sublandlord is required to pay Prime Landlord for rental of the Subleased Premises to Sublandlord in as good order and condition as under the same are now or hereafter may be improved by Prime Landlord or Subtenant, reasonable wear and tear and repairs which are Prime Landlord’s obligation excepted, and shallLease, without expense regard to Sublandlord, remove or cause to be removed from the Subleased Premises all debris and rubbish, all furniture, equipment, business and trade fixtures, free-standing cabinet work, movable partitioning and other articles of personal property owned by Subtenant or installed or placed by Subtenant at its expense rental amounts provided for in the Subleased Premises, and all similar articles of any other persons claiming under Subtenant, and Section 2 hereof. Subtenant shall repair all any damage to the Subleased Premises resulting from such removalcaused by Subtenant’s removal of its personal property, furnishings and equipment. If, as a result of a default by Subtenant under this Sublease or any action taken by the Prime Landlord pursuant to the Prime Lease, Sublandlord or Prime Landlord re-enters or re-takes possession of If the Subleased Premises prior are not so surrendered, then Subtenant shall be liable to the normal expiration of this Sublease, Sublandlord or Prime Landlord shall have the right, but not the obligation, to remove from for all costs incurred by Sublandlord in returning the Subleased Premises all personal property located therein belonging to Subtenantthe required condition, and either party may discard such debris, rubbish and personal property or place such personal property in storage in a public warehouse, all plus interest thereon at the reasonable expense and risk of SubtenantDefault Rate.
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Surrender of Subleased Premises. Upon an early At the expiration or earlier termination of this Sublease, Subtenant shall quit and surrender possession of the Subleased Premises to Sublandlord broom clean, in substantially as good order and condition as it was at the same are now or hereafter may be improved by Prime Landlord or Subtenantbeginning of the Term, reasonable wear and tear and repairs which are Prime Landlord’s obligation excepted, and shall, without expense to the extent not inconsistent with any specific provision of this Sublease, comply with all of the terms and conditions of the Prime Lease regarding surrender of the Premises, provided Subtenant shall not be obligated to remove any Sublandlord’s Work or other additions, remove alterations, improvements, wiring, or cause to be removed from the Subleased Premises all debris and rubbish, all furniture, equipment, business and trade fixtures, free-standing cabinet work, movable partitioning and other articles of personal property owned cabling not installed by Subtenant or installed repair any damage caused by Sublandlord or placed its agents, contractors, employees, or invitees. Without limitation of any of the foregoing, Subtenant shall on or before the expiration or earlier termination of this Sublease, (a) remove all of Subtenant’s personal property and repair any damage caused by Subtenant such removal; (b) at its expense in the Subleased PremisesSublandlord’s request, remove all additions, alterations, and all similar articles of any other persons claiming under Subtenant, and Subtenant shall repair all damage changes made to the Subleased Premises resulting from such removalby or on behalf of Subtenant (other than Sublandlord’s Work) removal of which is required under the Prime Lease and repair any damage caused thereby; and (c) remove all trash and broom sweep the Subleased Premises. IfIf Subtenant shall fail to quit and surrender the Subleased Premises as required, Subtenant shall pay to Sublandlord the greater of (x) any amounts owed by Sublandlord to Prime Landlord as a result of a default by Subtenant’s holding over and (y) monthly holdover Base Rent equal to 150% of the monthly Base Rent payable in the last month of the Term. In addition, Subtenant under this Sublease or shall be liable for any action taken by the liability of Sublandlord to Prime Landlord pursuant to the Prime Lease, Sublandlord or Prime Landlord re-enters or re-takes possession extent arising from such holding over by Subtenant. If any personal property of Subtenant shall remain in the Subleased Premises prior to after the normal expiration or earlier termination of this Sublease, Sublandlord or Prime Landlord shall have the right, but not the obligation, to remove from the Subleased Premises all personal property located therein belonging to Subtenant, and either party may discard such debris, rubbish and personal property or place such personal property in storage in a public warehouse, all at the reasonable expense election of Sublandlord, it shall be deemed to have been abandoned by Subtenant and risk may be retained by Sublandlord as its own property; or such property may be removed and disposed of by Sublandlord and Subtenant shall be obligated to reimburse Sublandlord for all costs incurred for such removal and disposal. Subtenant’s obligation to observe or perform under this Section 15 shall survive the expiration or earlier termination of this Sublease.
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Surrender of Subleased Premises. Upon an early the expiration of the term of ------------------------------- this Sublease, or upon any earlier termination of this Sublease, Subtenant shall quit and surrender possession of the Subleased Premises to Sublandlord in as good order and condition as the same are now or hereafter may be improved by Prime Landlord or Subtenant, reasonable wear and tear and repairs which are Prime Landlord’s 's obligation excepted, and shall, without expense to Sublandlord, remove or cause to be removed from the Subleased Premises all debris and rubbish, all furniture, equipment, business and trade fixtures, free-standing freestanding cabinet work, movable partitioning and other articles of personal property owned by Subtenant of or installed or placed by Subtenant at its expense in the Subleased Premises, and all similar articles of any other persons claiming under Subtenant, and Subtenant shall repair all damage to the Subleased Premises resulting from such removal. IfUpon the expiration of this Sublease, as a result of a default by Subtenant under this Sublease or any action taken by the Prime Landlord pursuant to the Prime Lease, if Sublandlord or Prime Landlord re-enters or re-takes possession of the Subleased Premises prior to the normal expiration of this Sublease, Sublandlord or Prime Landlord shall have the right, but not the obligation, to remove from the Subleased Premises all personal property located therein belonging to Subtenant, and either party may discard such debris, rubbish and personal property or place such personal property in storage in a public warehouse, all at the reasonable expense and risk of Subtenant.
Appears in 1 contract
Sources: Sublease (Onesoft Corp)