Surrender of the Leased Property Sample Clauses

Surrender of the Leased Property. Tenant shall, on the last day of the Lease Term, or upon the sooner termination of this Lease, peaceably and quietly surrender the Leased Property to Landlord in as good condition and repair as at the commencement of the term, natural wear and tear of each and damage from casualty or governmental taking excepted. Any trade fixtures or personal property belonging to Tenant or to any subtenant, if not removed at such termination, and if Landlord shall so elect, shall be deemed abandoned and become the property of Landlord without any payment or offset therefor.

Surrender of the Leased Property. Tenant shall, on the Expiration Date, or on the earlier termination hereof, peaceably and quietly leave (subject to any continuing rights of Tenant to enter onto the Leased Property for the purposes specifically contemplated in this Lease), surrender and yield up unto Landlord the Leased Property in good order and repair, excepting reasonable wear and tear. Upon the termination of this Lease for any reason, (i) Landlord, or a purchaser of Landlord’s interest in the Leased Property, shall purchase all of the Hotel Personalty (including FF&E) owned by Tenant and all of the Operating Supplies owned by Tenant and used in connection with the Leased Property (if any) for an amount equal to the fair market value of such Hotel Personalty and Operating Supplies as of the date of termination, (ii) Tenant shall leave at the Hotel the Hotel Personalty and Operating Supplies not owned by Tenant (which shall be in a condition consistent with the Operational Standards), and (iii) Tenant shall assign the Assigned Items to Landlord. Tenant shall also reasonably cooperate for thirty (30) days with any successor tenant or owner of the Hotel upon the expiration or termination of this Lease to effect a smooth and efficient transition in the operation of the Hotel. Upon termination of this Lease and surrender of the Hotel by Tenant, Landlord shall either assume or cause to be assumed all of the Assigned Items and perform or otherwise cause to be performed all of Tenant’s obligations thereunder relating to any period after the Expiration Date.

Surrender of the Leased Property. At the expiration of the term of this Lease, or upon sooner termination, ▇▇▇▇▇▇ will surrender the Leased Property in as good condition as it was on the commencement of this Lease, including removal of all crop residue. In the event of early termination, Lessor will allow Lessee to harvest crops from the Leased Property. ▇▇▇▇▇▇ agrees to work back the Leased Property in a suitable manner as determined by Lessor, including but not limited to, chisel plowing or deep disking. Lessee will work back the Leased Property as soon as reasonably possible after the crop has been harvested; however, the work back period will not exceed thirty (30) days after harvest. Lessee will be solely responsible for the costs of returning the Leased Property to the condition it was in on the commencement of this Lease, natural wear and tear excepted. If ▇▇▇▇▇▇ fails to timely return the Leased Property to the condition it was in prior to commencement of this Lease, Lessor will, at its sole discretion, hire the work done. Lessee, at its sole cost and expense, will compensate Lessor for the work done at the most recent CUSTOM FARM WORK RATES established by the North Dakota State University Extension Service. Failure to compensate Lessor for the total work back rate, within thirty (30) days of receipt of the invoice, may result in Lessor drawing on the crop lien previously discussed in section 7 of this Lease. Lessor may exercise discretion in enforcing this section.

Surrender of the Leased Property. 13.1 OSL undertakes upon expiration or termination of the Agreement to restore possession of the Leased Property to OIL free of any property, equipment and fixtures not belonging to OIL (subject to clause 11 above). The Leased Property will be in as good, clean, orderly, and proper condition as on the date of this Agreement, except for ordinary wear and tear resulting from ordinary and reasonable use of the Leased Property in accordance with the purpose of the lease. Should OSL fail to comply with its obligation, it will reimburse OIL all the expenses incurred by it in the course of restoring the Leased Property to such condition. 13.2 Should OSL fail to vacate as aforesaid the Leased Property at the time set forth above, 13.2.1 OSL shall be obligated to pay OIL liquidated damages of USD 3,000 for each day of delay in vacating the Leased Property. Such penalty will not be considered as Rent payment and will not create any lessor-lessee relationship between OIL and OSL. 13.2.2 Upon a 7 days prior written notice, OIL may vacate the Leased Property at OSL's expense, and transfer and store any equipment and furniture belonging to OSL, all at OSL's expense. OIL shall not be liable to any damage to OSL or the Leased Property or the equipment or furniture vacated, caused in connection with such actions on its part, except damage caused willfully or negligently. All this, without derogating from any other remedies OIL may be entitled to under this Agreement or under law.

Surrender of the Leased Property. At the expiration of the term of this Lease, or upon sooner termination, ▇▇▇▇▇▇ will surrender the Leased Property. In the event of early termination, Lessor will allow Lessee to harvest crops from the Leased Property but Lessee must do so as soon as reasonably possible. ▇▇▇▇▇▇ agrees to work back the Leased Property in a suitable manner as determined by Lessor, including but not limited to, chisel plowing or deep disking. Lessee will work back the Leased Property as soon as reasonably possible after the crop has been harvested; however, the work back period will not exceed thirty (30) days after harvest. If ▇▇▇▇▇▇ fails to work back the Leased Property, Lessor will, at its sole discretion, hire the work done. Lessee, at its sole cost and expense, will compensate Lessor for the work done at the most recent CUSTOM FARM WORK RATES established by the North Dakota State University Extension Service. Failure to compensate Lessor for the total work back rate, within thirty (30) days of receipt of the invoice, may result in Lessor seeking damages. Lessor may exercise discretion in enforcing this section.

Surrender of the Leased Property. Except as otherwise provided in this Lease, Lessee shall, upon the expiration or termination of this Lease for any reason whatsoever, surrender the Leased Property to Lessor in good order, condition and repair, except for uninsured war damage and reasonable wear and tear.

Surrender of the Leased Property. LESSEE acknowledges that possession of the LEASED PROPERTY must be surrendered to LESSOR at the expiration or sooner termination of the LEASE TERM. LESSEE agrees to indemnify and save LESSOR harmless against all costs, claims, loss or liability resulting from delay by LESSEE in so surrendering the LEASED PROPERTY, including, without limitation, any claims made by any succeeding tenant founded on such delay. LESSEE agrees that if possession of the LEASED PROPERTY is not surrendered to LESSOR upon the date of the expiration or sooner termination of the LEASE TERM, then LESSEE shall pay to LESSOR as liquidated damages for each month and for each portion of any month during which LESSEE holds over in the LEASED PROPERTY after the expiration or sooner termination of the LEASE TERM, a sum equal to one and one-half (1-1/2) times the aggregate rent which was payable under this LEASE during the last month of the LEASE TERM hereof. Nothing herein contained shall be deemed to permit LESSEE to retain possession of the LEASED PROPERTY after the expiration or sooner termination of the LEASE TERM. The aforesaid provisions of this Article shall survive the expiration or sooner termination of the LEASE TERM.

Surrender of the Leased Property. The TENANT shall, on the last day of the Lease Term or any extension thereof, or upon earlier termination, surrender and deliver the LEASED PROPERTY into the possession and use of the LANDLORD, without delay, in good order, condition and adequate maintenance, normal wear and tear excepted. All signs, inscriptions, canopies and installations of like nature made by the TENANT shall be removed at the time of the expiration of the Lease Term. Both parties agree that prior to vacating the BUILDING, and with the purpose of Fully satisfying the requirements for delivery of the LEASED PROPERTY, the TENANT will inform the LANDLORD in writing, with 90 (ninety) days advance notice, of the date of surrender and delivery, so that the LANDLORD may give notice to the Secretaria del Medio Ambiente, Recursos Naturales y Pezca (Ministry of the Environment, Natural Resources and Fishery), and the Procuraduria Federal de Proteccion al Ambiente (Federal Agency for Protection of the Environment), and order studies and evaluation be made for soil and environmental impact, by technicians authorized by said institutions, with the object of determining the degree of contamination found on the LEASED PROPERTY relative to the soil and the environment, as a result of the installations and use of the LEASED PROPERTY by the TENANT, with the understanding that the expenditures generated by such studies will be borne by the latter, and that the LEASED PROPERTY will only be accepted by the LANDLORD once a letter of compliance is delivered in favor of the TENANT by the aforementioned institutions, through which it is established that the LEASED PROPERTY falls within the allowable and obligatory ecological criteria applicable to the installation and use for which it is intended, Maquiladora Industry. All furniture, trade fixtures, machinery and business equipment installed by the TENANT shall remain the property of the TENANT, unless otherwise agreed upon by the parties in writing, and shall be removed by the TENANT at any time during or at the end of the Lease Term, and the TENANT shall, at its own expense, repair all damage beyond ordinary wear and tear resulting from the installation or removal thereof. If at the expiration of the term of this lease or any then current extension thereof, the TENANT does not vacate and delivers the use and possession of the LEASED PROPERTY to the LANDLORD, the TENANT shall pay as new rent, the amount of rent currently paid at such time, under the terms and...

Surrender of the Leased Property. Upon expiration of the Term, or early termination date pursuant to the provisions of this Clause, Lessee shall return and deliver possession and use of the Leased Property to Lessor, without any delay or the need of any notice or resolution, and in the same state and condition in which Lessee received it at the commencement of this Agreement, except for normal wear and tear.