Common use of Surrender of the Premises Clause in Contracts

Surrender of the Premises. (a) Tenant, on the Termination Date, shall peaceably surrender the Premises, including the Leasehold Improvements, in broom-clean condition and otherwise in as good condition as when Tenant took possession, except for: (i) reasonable wear and tear subsequent to the last repair, replacement, restoration or alteration required by this Lease, (ii) loss by fire or other casualty, and (iii) loss by condemnation. Tenant shall remove Tenant's Property on or before the Termination Date and pay the cost of repairing all damage to the Premises or the Building caused by such removal in accordance with subsection 9(a) hereof. (b) If Tenant abandons or surrenders the Premises, or is dispossessed thereof by process of law, or otherwise, any of Tenant's Property (except money, securities and other like valuables) left on the Premises shall be deemed abandoned and, at Landlord's option, title thereto shall pass to Landlord under this Lease as by a ▇▇▇▇ of sale, or, if Landlord elects to remove all or any part of such Tenant's Property, the cost of such removal, including repairing any damage to the Premises or Building caused by such removal, shall be paid by Tenant within ten (10) days of Landlord's demand therefor. Tenant's obligation set forth in this subsection 16(b) shall survive the termination of this Lease. On or before the Termination Date, Tenant shall surrender all keys to the Premises to Landlord.

Appears in 2 contracts

Sources: Sublease Agreement (Accord Networks LTD), Sublease Agreement (Accord Networks LTD)

Surrender of the Premises. (a) Tenant, on the Termination Date, shall peaceably surrender the Premises, including the Leasehold Improvements, in broom-clean condition condition, free of all hazardous waste and chemical residue, and otherwise in as good condition as when Tenant took possession, except for: (i) reasonable wear and tear subsequent to the last repair, replacement, restoration restoration, alteration or alteration renewal required by this Lease, ; (ii) loss by fire or other casualty, ; and (iii) loss by condemnation. Tenant shall shall, on Landlord’s request, remove Tenant's ’s Property on or before the Termination Date and pay the cost of repairing all damage to the Premises or the Building caused by such removal in accordance with subsection 9(a) hereofSection 7(a). (b) If Tenant abandons or surrenders the Premises, or is dispossessed thereof by process of law, or otherwise, any of Tenant's ’s Property (except money, securities and other like valuables) left on the Premises shall be deemed abandoned abandoned; and, at Landlord's ’s option, title thereto shall pass to Landlord under this Lease as by a ▇▇▇▇ of sale, or, if Landlord elects to remove all or any part of such Tenant's ’s Property, the cost of such removal, including repairing any damage to the Premises or Building caused by such removal, shall be paid by Tenant within ten (10) 10 days of Landlord's ’s demand therefor. Tenant's ; this obligation set forth in this subsection 16(b) shall survive the termination of this Lease. On or before the Termination Date, Date Tenant shall surrender all keys to the Premises to LandlordPremises.

Appears in 2 contracts

Sources: Lease (Plures Technologies, Inc./De), Lease (CMSF Corp)

Surrender of the Premises. Upon the expiration or earlier termination of this Lease, Tenant shall, at its sole cost and expense, immediately (a) Tenant, on the Termination Date, shall peaceably surrender the Premises, including the Leasehold Improvements, Leased Premises to Landlord in broom-clean condition and otherwise in as good order, condition as when Tenant took possessionand repair, except for: (b) remove from the Leased Premises (i) reasonable wear and tear subsequent to the last repair, replacement, restoration or alteration required by this LeaseTenant’s Property (as defined in Section 8.01 below), (ii) loss all data and communications wiring and cabling (including above ceiling, below raised floors and behind walls) that is placed on the Leased Premises by fire Tenant during the term of this Lease or placed on the Leased Premises on Tenant’s behalf by Landlord in preparing the Leased Premises for possession by Tenant at the commencement of this Lease (and not including any other casualtypreexisting wiring and/or cabling), and (iii) loss any alterations required to be removed pursuant to Section 7.03 below, and (c) repair any damage caused by condemnation. Tenant shall remove Tenant's Property on or before any such removal and restore the Termination Date and pay the cost of repairing all damage Leased Premises to the Premises or condition existing upon the Building caused by such removal in accordance with subsection 9(a) hereof. (b) If Tenant abandons or surrenders the PremisesCommencement Date, or is dispossessed thereof by process of law, or otherwise, any reasonable wear and tear excepted. All of Tenant's ’s Property (except money, securities and other like valuables) left on the Premises shall be deemed abandoned and, at Landlord's option, title thereto shall pass to Landlord under this Lease as by a ▇▇▇▇ of sale, or, if Landlord elects to remove all or any part of such Tenant's Property, the cost of such removal, including repairing any damage to the Premises or Building caused by such removal, shall be paid by Tenant that is not removed within ten (10) days following Landlord’s written demand therefore shall be conclusively deemed to have been abandoned and Landlord shall be entitled to dispose of Landlord's demand thereforsuch property at Tenant’s cost without incurring any liability to Tenant. Tenant's obligation set forth in this subsection 16(b) This Section 2.03 shall survive the expiration or any earlier termination of this Lease. On or before the Termination Date, Tenant shall surrender all keys to the Premises to Landlord.

Appears in 1 contract

Sources: Office Lease (Sciquest Inc)

Surrender of the Premises. (a) TenantUpon the expiration or earlier ------------- ------------------------- termination of this Lease, on the Termination Date, Tenant shall peaceably immediately surrender the Premises, including the Leasehold Improvements, Leased Premises to Landlord in broom-clean condition and otherwise in as good condition as when Tenant took possessionand repair, except for: (i) reasonable normal wear and tear subsequent to the last repair, replacement, restoration or alteration required by this Lease, (ii) loss by fire or other casualty, and (iii) loss by condemnationexcepted. Tenant shall also remove Tenant's Property on or before the Termination Date its personal property, trade fixtures and pay the cost of repairing all damage to the Premises or the Building caused by such removal in accordance with subsection 9(a) hereof. (b) If Tenant abandons or surrenders the Premises, or is dispossessed thereof by process of law, or otherwise, any of Tenant's Property (except moneyalterations designated by Landlord, securities and other like valuables) left on the Premises shall be deemed abandoned and, at Landlord's option, title thereto shall pass to Landlord under this Lease as by a ▇▇▇▇ of sale, or, if Landlord elects to remove all or any part of such Tenant's Property, the cost of such removal, including repairing promptly repair any damage to the Premises or Building caused by such removal, shall and restore the Leased Premises to the condition existing prior to the installation of such items. If Tenant fails to do so, Landlord may restore the Leased Premises to such condition at Tenant's expense, Landlord may cause all of said property to be paid by removed at Tenant's expense, and Tenant hereby agrees to pay all the costs and expenses thereby reasonably incurred. All Tenant property which is not removed within ten (10) days of days' following Landlord's written demand therefor. therefor shall be conclusively deemed to have been abandoned by Tenant, and Landlord shall be entitled to dispose of such property at Tenant's obligation set forth in cost without thereby incurring any liability to Tenant. The provisions of this subsection 16(b) section shall survive the expiration or other termination of this Lease. On or before the Termination Date, Tenant shall surrender all keys to the Premises to Landlord.

Appears in 1 contract

Sources: Lease Agreement (Gaiam Inc)

Surrender of the Premises. (a) Subject to Tenant’s rights to emblements, on the Termination Date, shall peaceably surrender the Premises, including the Leasehold Improvements, in broom-clean condition and otherwise in as good condition as when Tenant took possession, except for: (i) reasonable wear and tear subsequent which will be harvested or gathered no prior to the last repair, replacement, restoration Expiration Date or alteration required by within thirty days following an earlier termination of this Lease, (ii) loss by fire Tenant will peaceably surrender, quit, and give up the Premises upon the expiration or other casualty, and (iii) loss by condemnation. Tenant shall remove Tenant's Property on or before the Termination Date and pay the cost of repairing all damage to the Premises or the Building caused by such removal in accordance with subsection 9(a) hereof. (b) If Tenant abandons or surrenders the Premises, or is dispossessed thereof by process of law, or otherwise, any of Tenant's Property (except money, securities and other like valuables) left on the Premises shall be deemed abandoned and, at Landlord's option, title thereto shall pass to Landlord under this Lease as by a ▇▇▇▇ of sale, or, if Landlord elects to remove all or any part of such Tenant's Property, the cost of such removal, including repairing any damage to the Premises or Building caused by such removal, shall be paid by Tenant within ten (10) days of Landlord's demand therefor. Tenant's obligation set forth in this subsection 16(b) shall survive the termination of this Lease. On Tenant shall quit and surrender the Premises vacant, broom clean, and in good order and condition, ordinary wear and tear and damage by casualty or before condemnation excepted. All of Tenant’s Personal Property, furniture, trade fixtures, shelves, bins, and machinery not removed from the Termination DatePremises when Tenant leaves the Premises upon the expiration or other termination of this Lease shall thereupon be conclusively presumed to have been abandoned by Tenant and immediately become Landlord’s property; provided, however, that Landlord may require Tenant to remove such Personal Property, furniture, trade fixtures, shelves, bins, and machinery or may have such property removed at Tenant’s expense. Prior to Tenant’s vacating the Premises, Tenant shall surrender all keys pay to Landlord an amount reasonably estimated by Landlord as necessary to put the Premises to Landlordincluding, without limitation, all heating and air-conditioning systems and equipment therein, in good condition and repair. Landlord may credit the Security Deposit against the amount payable by Tenant under this Article XXV.

Appears in 1 contract

Sources: Commercial Lease (Triangle Canna Corp.)

Surrender of the Premises. At the expiration or earlier termination of this Lease, the Tenant shall at its expense (ai) Tenant, on the Termination Date, shall peaceably surrender and yield up vacant possession of the PremisesPremises to the Landlord in a clean, including the Leasehold Improvementsbroom swept and tidy state, in broom-clean condition and otherwise in as good condition and repair as when the Tenant took possessionis required to maintain the Premises throughout the Term, except for: (i) reasonable wear and tear subsequent to the last repair, replacement, restoration or alteration required by this Lease, (ii) loss by fire or other casualtysurrender all keys for the Premises to the Landlord at the place then fixed for the payment of Minimum Rent and shall inform the Landlord of all combinations of locks, safes and vaults, if any, in the Premises; (iii) loss by condemnation. remove all trade fixtures and such alterations, decorations, additions, erections, fixtures, improvements or appurtenances in, on, to, for or which service the Premises as the Landlord shall at its option upon notice to the Tenant require to be removed and the Tenant shall remove Tenant's Property on or before the Termination Date forthwith repair, at its sole cost and pay the cost of repairing expense, all damage to the Premises caused by their installation or removal; and (iv) if the Tenant has filed or registered against title of the Building caused by such removal in accordance with subsection 9(a) hereof. (b) If Tenant abandons or surrenders the Premises, or is dispossessed thereof by process of law, or otherwise, any of Tenant's Property (except money, securities and other like valuables) left on the Premises shall be deemed abandoned and, at Landlord's option, title thereto shall pass to Landlord under this Lease as by a ▇▇▇▇ of sale, or, if Landlord elects to remove all lands or any part thereof, a caveat, notice, caution or other document or instrument giving notice of such Tenant's Propertythis Lease, it shall promptly cause the cost of such removal, including repairing any damage same to the Premises or Building caused by such removal, shall be paid by Tenant within ten (10) days of Landlord's demand therefordischarged. The Tenant's obligation set forth in to observe and perform the provisions of this subsection 16(b) Section 10.05 shall survive the expiration or earlier termination of this Lease. On or before the Termination Date, Tenant shall surrender all keys to the Premises to Landlord.

Appears in 1 contract

Sources: Office Lease (Ace Hardware Corp)

Surrender of the Premises. (a) TenantUpon the expiration or earlier ------------- -------------------------- termination of this Lease, on the Termination Date, Tenant shall peaceably immediately surrender the Premises, including the Leasehold Improvements, Leased Premises to Landlord in broom-clean condition and otherwise in as good condition as when Tenant took possession, except for: (i) reasonable wear and tear subsequent to the last repair, replacement, restoration or alteration required by this Lease, (ii) loss by fire or other casualty, and (iii) loss by condemnation. Tenant shall also remove Tenant's Property on or before the Termination Date its personal property, trade fixtures and pay the cost of repairing all damage to the Premises or the Building caused by such removal in accordance with subsection 9(a) hereof. (b) If Tenant abandons or surrenders the Premises, or is dispossessed thereof by process of law, or otherwise, any of Tenant's Property (except moneyalterations designated by Landlord, securities and other like valuables) left on the Premises shall be deemed abandoned and, at Landlord's option, title thereto shall pass to Landlord under this Lease as by a ▇▇▇▇ of sale, or, if Landlord elects to remove all or any part of such Tenant's Property, the cost of such removal, including repairing promptly repair any damage to the Premises or Building caused by such removal, shall and restore the Leased Premises to the condition existing upon the Commencement Date, reasonable wear and tear excepted. If Tenant fails to do so, Landlord may restore the Leased Premises to such condition at Tenant's expense, Landlord may cause all of said property to be paid by removed at Tenant's expense, and Tenant hereby agrees to pay all the costs and expenses thereby reasonably incurred. All Tenant property which is not removed within ten (10) days of following Landlord's written demand therefor. therefor shall be conclusively deemed to have been abandoned by Tenant, and Landlord shall be entitled to dispose of such property at Tenant's obligation set forth in cost without thereby incurring any liability to Tenant. The provisions of this subsection 16(b) section shall survive the expiration or other termination of this Lease. On or before the Termination Date, Tenant shall surrender all keys to the Premises to Landlord.

Appears in 1 contract

Sources: Lease Agreement (Cardiotech International Inc)

Surrender of the Premises. Upon the expiration or earlier termination of this Lease, Tenant shall, at its sole cost and expense, immediately (a) Tenant, on the Termination Date, shall peaceably surrender the Premises, including the Leasehold Improvements, Leased Premises to Landlord in broom-clean condition and otherwise in as good order, condition as when Tenant took possessionand repair, except for: ordinary wear and tear, casualty and condemnation excepted, (b) remove from the Leased Premises (i) reasonable wear Tenant’s Property (as defined in Section 8.01 below) (but not including data and tear subsequent to the last repaircommunications wiring and cabling located behind walls, replacementabove ceilings, restoration or alteration required by this Leasebelow floors), and (ii) loss by fire or other casualtyany alterations required to be removed pursuant to Section 7.03 below, (c) at Landlord’s request, remove the Bridges and restore the Leased Premises as required under Section 16.16 hereof, and (iiid) loss by condemnation. Tenant shall remove Tenant's Property on or before the Termination Date and pay the cost of repairing all repair any damage to the Premises or the Building caused by any such removal in accordance with subsection 9(a) hereof. (b) If Tenant abandons or surrenders and restore the Premises, or is dispossessed thereof by process of law, or otherwise, any of Tenant's Property (except money, securities and other like valuables) left on Leased Premises to substantially the Premises shall be deemed abandoned and, at Landlord's option, title thereto shall pass condition existing prior to Landlord under this Lease as by a ▇▇▇▇ of sale, or, if Landlord elects to remove all or any part of such Tenant's Property, the cost of such removal, including repairing any damage to the Premises or Building caused by such removalordinary wear and tear, shall be paid by Tenant casualty and condemnation excepted. All of Tenant’s Property that is not removed within ten (10) days following Landlord’s written demand therefore shall be conclusively deemed to have been abandoned and Landlord shall be entitled to dispose of Landlord's demand thereforsuch property at Tenant’s cost without incurring any liability to Tenant. Tenant's obligation set forth in this subsection 16(b) This Section 2.03 shall survive the expiration or any earlier termination of this Lease. On or before the Termination Date, Tenant shall surrender all keys to the Premises to Landlord.

Appears in 1 contract

Sources: Lease (Phoenix Container, Inc.)

Surrender of the Premises. Upon the expiration or earlier termination of this Lease, Tenant shall, at its sole cost and expense, (a) Tenant, on the Termination Date, shall peaceably surrender the Premises, including the Leasehold Improvements, Premises to Landlord in broom-clean condition and otherwise in good order, condition and repair, reasonable wear and tear and matters for which Tenant is not responsible excepted, (b) remove from the Premises (i) Tenant’s Property (as defined below), and (ii) any Alterations required to be removed pursuant to Section 7.3 below, and (c) repair any damage caused by any such removal and restore the Premises to substantially the same good condition as when Tenant took possessionLandlord’s Work was completed (or, except for: (i) if this Lease is terminated prior to the date Landlord’s Work is completed, then to substantially the same good conditions as on the Effective Date), reasonable wear and tear subsequent to the last repair, replacement, restoration or alteration required by this Lease, (ii) loss by fire or other casualty, and (iii) loss by condemnationmatters for which Tenant is not responsible excepted. Tenant shall remove Tenant's Property on or before the Termination Date and pay the cost of repairing all damage to the Premises or the Building caused by such removal in accordance with subsection 9(a) hereof. (b) If Tenant abandons or surrenders the Premises, or is dispossessed thereof by process of law, or otherwise, any Any of Tenant's ’s Property left at the Project after the Expiration Date (except money, securities and other like valuablesor within ten (10) left on business days after an earlier termination of the Premises Lease) shall be deemed to be abandoned without any further notice whatsoever to Tenant by Landlord, and, at Landlord's ’s option, Landlord may, at Tenant’s expense, dispose of or store said ▇▇▇▇▇▇’s Property in any manner it deems appropriate, without compensation to Tenant, and title thereto to such Tenant’s Property shall pass to Landlord under this Lease as by a ▇▇▇▇ of sale, or, if Landlord elects to remove all or any part of such Tenant's Property, the cost of such removal, including repairing any damage to the Premises or Building caused by such removal, shall be paid by Tenant within ten (10) days of Landlord's demand therefor. Tenant's obligation set forth in this subsection 16(b) shall survive the termination of this Lease. On or before the Termination Date, Tenant shall surrender all keys to the Premises to Landlord.

Appears in 1 contract

Sources: Purchase and Sale Agreement (LL Flooring Holdings, Inc.)

Surrender of the Premises. (a) Tenant, on Upon the Termination Date, shall peaceably surrender the Premises, including the Leasehold Improvements, in broom-clean condition and otherwise in as good condition as when Tenant took possession, except for: (i) reasonable wear and tear subsequent to the last repair, replacement, restoration expiration or alteration required by this Lease, (ii) loss by fire or other casualty, and (iii) loss by condemnation. Tenant shall remove Tenant's Property on or before the Termination Date and pay the cost of repairing all damage to the Premises or the Building caused by such removal in accordance with subsection 9(a) hereof. (b) If Tenant abandons or surrenders the Premises, or is dispossessed thereof by process of law, or otherwise, any of Tenant's Property (except money, securities and other like valuables) left on the Premises shall be deemed abandoned and, at Landlord's option, title thereto shall pass to Landlord under this Lease as by a ▇▇▇▇ of sale, or, if Landlord elects to remove all or any part of such Tenant's Property, the cost of such removal, including repairing any damage to the Premises or Building caused by such removal, shall be paid by Tenant within ten (10) days of Landlord's demand therefor. Tenant's obligation set forth in this subsection 16(b) shall survive the earlier termination of this Lease. On , or before upon the Termination Dateexercise by Landlord of its right to re-enter the Premises without terminating this Lease, Tenant shall immediately surrender to Landlord the Premises and all keys to the Premises and all parking and Building access cards, together with all alterations, improvements and other property as provided elsewhere herein, in good order, condition and repair, except for ordinary wear and tear; provided that at Landlord's written request Tenant shall remove at its expense improvements to the Premises such as special wall coverings and flooring which have become a part of and otherwise would have remained with the Premises. Tenant shall, at its expense, promptly repair any damage caused by removal of any improvements requested by Landlord as aforesaid, and shall restore the Premises to the condition existing prior to the installation of the items removed. If Tenant fails to surrender the Premises in the condition aforesaid, then Landlord may restore the Premises to such a condition at Tenant's expense. Upon the expiration or earlier termination of the Lease, Tenant will, at the option of Landlord, execute a Release of Lease and Waiver of Claim, in recordable form, containing Tenant's release of all of its interest in the Premises, which Release of Lease shall not be necessary to effectuate such release.

Appears in 1 contract

Sources: Lease Agreement (2 Infinity Inc)

Surrender of the Premises. (a) TenantUpon the expiration or earlier termination of this Lease, on the Termination Date, Tenant shall peaceably immediately surrender the Premises, including the Leasehold Improvements, Leased Premises to Landlord in broom-clean condition and otherwise in as good condition as when Tenant took possessionand repair, except for: (i) reasonable normal wear and tear subsequent to the last repair, replacement, restoration or alteration required by this Lease, (ii) loss by fire or other casualty, and (iii) loss by condemnationcasualty excepted. Tenant shall also remove Tenant's Property on or before the Termination Date its personal property, trade fixtures and pay the cost of repairing all damage to the Premises or the Building caused by such removal in accordance with subsection 9(a) hereof. (b) If Tenant abandons or surrenders the Premises, or is dispossessed thereof by process of law, or otherwise, any of Tenant's Property ’s alterations designated by Landlord (except moneyincluding wiring and cabling), securities and other like valuables) left on the Premises shall be deemed abandoned and, at Landlord's option, title thereto shall pass to Landlord under this Lease as by a ▇▇▇▇ of sale, or, if Landlord elects to remove all or any part of such Tenant's Property, the cost of such removal, including repairing promptly repair any damage to the Premises or Building caused by such removal, shall and restore the Leased Premises to the condition existing upon the Commencement Date, reasonable wear and tear excepted. If Tenant fails to do so, Landlord may restore the Leased Premises to such condition at Tenant’s expense, Landlord may cause all of said property to be paid by removed at Tenant’s expense, and Tenant hereby agrees to pay all the costs and expenses thereby reasonably incurred. All Tenant property which is not removed within ten (10) days following Landlord’s written demand therefor shall be conclusively deemed to have been abandoned by Tenant, and Landlord shall be entitled to dispose of Landlord's demand thereforsuch property at Tenant’s cost without thereby incurring any liability to Tenant. Tenant's obligation set forth in The provisions of this subsection 16(b) section shall survive the expiration or other termination of this Lease. On or before the Termination Date, Tenant shall surrender all keys to the Premises to Landlord.

Appears in 1 contract

Sources: Lease Agreement (Charles & Colvard LTD)