Surrender of the Premises. Upon the expiration or sooner termination of this Lease, Tenant shall vacate and surrender the Premises to Landlord in good condition and repair, except for (a) reasonable wear and tear and (b) damage caused by casualty or condemnation. In this regard, normal wear and tear shall be construed to mean wear and tear caused to the Premises by the natural aging process which occurs in spite of prudent application of reasonable industry standards for maintenance, repair and janitorial practices, and does not include items of neglected or deferred maintenance. In any event, Tenant shall cause the following to be done prior to the expiration or sooner termination of this Lease: (i) all interior walls shall be cleaned; (ii) all tiled floors shall be cleaned; and (iii) all carpets shall be cleaned. If Landlord so requests (subject to Section 8.2.C and, with respect to Tenant’s Work, subject to Section 7 of the Work Letter attached to the Lease as Exhibit C), Tenant shall, prior to the expiration or sooner termination of this Lease, remove any Tenant’s Alterations which Tenant is required to remove pursuant to Section 8.2 and repair all damage caused by such removal. If the Premises are not so surrendered at the termination of this Lease, Tenant shall be liable to Landlord for all costs incurred by Landlord in returning the Premises to the required condition, plus interest on all costs incurred at the Agreed Interest Rate. Tenant shall indemnify, defend, protect and hold harmless Landlord against loss, costs, claims, damage or liability resulting from delay by Tenant in so surrendering the Premises, including, without limitation, any claims resulting from such delay made by any succeeding tenant or, if such holdover extends beyond forty-five (45) days after the expiration or sooner termination of this Lease, losses to Landlord due to lost opportunities to lease to succeeding tenants resulting from such delay (subject to Landlord’s obligation, if any, to mitigate damages under Law).
Appears in 1 contract
Surrender of the Premises. Upon the expiration or sooner termination of this Lease, Tenant shall vacate and surrender the Premises to Landlord in good the same condition and repairas existed at the Commencement Date, together with any Tenant Alterations which Landlord did not specify for removal pursuant to Section 5.2C hereof, except for (ai) reasonable wear and tear and tear, (bii) damage caused by casualty any peril or condemnation. , and (iii) contamination by Hazardous Materials for which Tenant is not responsible pursuant to Section 7.2A or Section 7.2B. In this regard, normal wear and tear shall be construed to mean wear and tear caused to the Premises by the natural aging process which occurs in spite of prudent application of commercially reasonable industry standards for maintenance, repair and janitorial practices, and does not include items of neglected or deferred maintenancemaintenance which are the responsibility of Tenant hereunder. In any event, Tenant shall cause the following to be done prior to the expiration or the sooner termination of this Lease: (i) all interior walls broken, marred, stained or nonconforming acoustical ceiling tiles shall be cleanedreplaced; (ii) all tiled floors the plumbing and electrical systems and lighting shall be cleaned; placed in good order and repair (iii) all carpets shall be cleanedincluding replacement of any burned out, discolored or broken light bulbs, ballasts, or lenses). If Landlord so requests (subject to Section 8.2.C and, with respect to Tenant’s Work, subject to Section 7 of the Work Letter attached to the Lease as Exhibit C)requests, Tenant shall, prior to the expiration or sooner termination of this Lease, (i) remove any Tenant’s Alterations which Tenant is required to remove pursuant to Section 8.2 5.2 and repair all damage caused by such removal, and (ii) return the Premises or any part thereof to its original configuration existing as of the time the Premises were delivered to Tenant except for Alterations made by Tenant and not specified by Landlord for removal pursuant to Section 5.2C hereof. If the Premises are not so surrendered at the termination of this Lease, Tenant shall be liable to Landlord for all reasonable costs incurred by Landlord in returning the Premises to the required condition, plus interest on all such costs incurred at the Agreed Interest Rate. Tenant shall indemnify, defend, protect and hold harmless indemnify Landlord against loss, costs, claims, damage loss or liability resulting from delay by Tenant in so surrendering the Premises, including, without limitation, any claims resulting from such delay made by any succeeding tenant or, if such holdover extends beyond forty-five (45) days after the expiration or sooner termination of this Lease, losses to Landlord due to lost opportunities to lease to succeeding tenants resulting from and losses and damages suffered by Landlord due to lost opportunities to lease any portion of the Premises to any such delay (subject to Landlord’s obligationsucceeding tenant or prospective tenant, if anytogether with, to mitigate damages under Law)in each case, actual attorneys’ fees and costs.
Appears in 1 contract
Sources: Lease Agreement (American Science & Engineering Inc)
Surrender of the Premises. Upon the expiration or sooner termination of this Lease, Tenant shall vacate and surrender the Premises to Landlord in good the same condition and repairas existed at the Commencement Date, except for (ai) reasonable wear and tear and tear, (bii) damage caused by casualty any peril or condemnation, (iii) contamination by Hazardous Materials for which Tenant is not responsible pursuant to §7.2A or §7.2B; (iv) Tenant Improvements or Tenant’s Alterations which Tenant elects not to remove or which Tenant is not allowed to remove, pursuant to §5.2 above; and (v) removal of Tenant Improvements which Tenant is required to remove for any reasons set forth herein. In this regard, normal wear and tear shall be construed to mean wear and tear caused to the Premises by the natural aging process which occurs in spite of prudent application of commercially reasonable industry standards for maintenance, repair and janitorial practices, and does not include items of neglected or deferred maintenance. In any event, Tenant shall cause the following to be done prior to the expiration or the sooner termination of this Lease: (i) all interior walls shall be cleanedpainted or cleaned where damaged; (ii) all tiled floors shall be cleanedcleaned and waxed; and (iii) all carpets shall be cleanedcleaned and shampooed; (iv) all broken, marred, stained or nonconforming acoustical ceiling tiles shall be replaced; (v) all windows shall be washed; (vi) the HVAC system shall be serviced by a reputable and licensed service firm and left in good operating condition and repair as so certified by such firm, ; and (vii) the plumbing and electrical systems and lighting shall be placed in good order and repair (including replacement of any burned out, discolored or broken light bulbs, ballasts, or lenses), reasonable wear and tear excepted. If Landlord so requests (subject to Section 8.2.C and, with respect to Tenant’s Work, subject to Section 7 of the Work Letter attached to the Lease as Exhibit C)requests, Tenant shall, prior to the expiration or sooner termination of this Lease, Lease remove any Tenant’s Alterations which Tenant is required to remove pursuant to Section 8.2 §5.2 and repair all damage caused by such removal, and (ii) return the Premises or any part thereof to its original configuration existing as of the time the Premises were delivered to Tenant, except with regard to the original Tenant Improvements, which may remain. If the Premises are not so surrendered at the termination of this Lease, Tenant shall be liable to Landlord for all costs incurred by Landlord in returning the Premises to the required condition, plus interest on all costs incurred at the Agreed Interest Rate. Tenant shall indemnify, defend, protect and hold harmless indemnify Landlord against loss, costs, claims, damage loss or liability resulting from delay by Tenant in so surrendering the Premises, including, without limitation, any claims resulting from such delay made by any succeeding tenant or, if such holdover extends beyond forty-five (45) days after the expiration or sooner termination of this Lease, losses to Landlord due to lost opportunities to lease to succeeding tenants resulting from such delay (subject to Landlord’s obligation, if any, to mitigate damages under Law)tenants.
Appears in 1 contract
Surrender of the Premises. Upon On the expiration last day of the term hereof, or on the sooner termination of this Lease, (i) Tenant shall vacate surrender to Landlord the Expansion Building(s), and the leasehold improvements constructed or installed therein (and all alterations, additions and improvements to such leasehold improvements) in safe condition and free of debris, with all trade fixtures, personal property and equipment of Tenant removed from the Total Project, however, Tenant shall not be required by Landlord to remove any leasehold improvements constructed in the Expansion Building(s) or any alterations, additions or improvements to such leasehold improvements, (ii) Tenant shall surrender the Premises to Landlord, subject to the provisions of paragraph 10 of the Improvement Agreement attached hereto as Exhibit "C", in their condition existing as of the date such Premises, or applicable portion thereof, are delivered to Tenant, and (iii) Tenant shall also surrender to Landlord any Tenant Improvements and alterations, additions and improvements to such Tenant Improvements made by Tenant that are not required by Landlord, pursuant to the terms of this Lease, to be removed by Tenant at Tenant's cost, each in good their condition and repairexisting as of the date the same were constructed or installed, except for (a) reasonable ordinary wear and tear and damage from casualty or condemnation excepted (b) damage unless caused by casualty the negligence or condemnation. In this regardwillful misconduct of Tenant or Tenant's agents, normal wear and tear shall be construed to mean wear and tear caused to the Premises by the natural aging process which occurs in spite of prudent application of reasonable industry standards for maintenanceemployees or contractors), repair and janitorial practices, and does not include items of neglected or deferred maintenance. In any event, Tenant shall cause the following to be done prior to the expiration or sooner termination of this Lease: (i) with all interior walls cleaned, and repaired or replaced, all carpets shampooed and cleaned, the air conditioning and heating equipment serviced and repaired by a reputable and licensed service firm, all floors cleaned and waxed, all to the reasonable satisfaction of Landlord. Tenant shall remove all of Tenant's personal property and trade fixtures from the Total Project, and all property not so removed shall be cleaned; (ii) all tiled floors deemed abandoned by Tenant. Tenant, at its sole cost, shall be cleaned; and (iii) all carpets shall be cleaned. If Landlord so requests (subject to Section 8.2.C and, with respect to Tenant’s Work, subject to Section 7 of the Work Letter attached repair any damage to the Lease as Exhibit C)Total Project, Tenant shalland any portion thereof, prior to caused by the expiration or sooner termination removal of this LeaseTenant's personal property, remove any Tenant’s Alterations machinery and equipment, which Tenant is required to remove pursuant to Section 8.2 repair-shall include, without limitation, the patching and filling of holes and repair all damage caused by such removalof structural damage. If the Premises Total Project or any portion thereof are not so surrendered at the termination of this Lease, as required by the terms of this Lease, Tenant shall be liable to Landlord for all costs incurred by Landlord in returning the Premises to the required condition, plus interest on all costs incurred at the Agreed Interest Rate. Tenant shall indemnify, defend, protect indemnify and hold Landlord harmless Landlord from and against loss, costs, claims, damage loss or liability resulting from delay by Tenant in so surrendering the PremisesExpansion Project, includingthe Expansion Building(s) (or any leasehold improvements constructed or installed therein), the Premises and/or Tenant Improvements (or alterations, additions or improvements to such Tenant Improvements) including without limitation, any claims resulting from such delay made by any succeeding tenant or, if such holdover extends beyond forty-five (45) days after the expiration or sooner termination of this Lease, losses to Landlord due to lost opportunities to lease to succeeding tenants resulting from such delay (subject to Landlord’s obligation, if any, to mitigate damages under Law)tenants.
Appears in 1 contract
Sources: Sublease (New Focus Inc)
Surrender of the Premises. Upon the expiration or sooner termination of this Lease, Tenant shall vacate and surrender the Premises to Landlord in good the same condition and repairas existed at the Commencement Date, except for (ai) reasonable wear and tear and tear, (bii) damage caused by casualty any peril or condemnation. , and (iii) contamination by Hazardous Materials for which Tenant is not responsible pursuant to §7.2A or §7.2B. In this regard, normal wear and tear shall be construed to mean wear and tear caused to the Premises by the natural aging process which occurs in spite of prudent application of reasonable industry the best standards for maintenance, repair and janitorial practices, and does not include items of neglected or deferred maintenance. In any event, Tenant shall cause the following to be done prior to the expiration or the sooner termination of this Lease: (i) all interior walls shall be cleanedtouched up with panet and/or cleaned so that they appear freshly painted; (ii) all tiled floors shall be cleanedcleaned and waxed; and (iii) all carpets shall be cleanedcleaned and shampooed; (iv) all broken, marred, stained or nonconforming acoustical ceiling tiles shall be replaced; (v) all windows shall be washed; (vi) the HVAC system shall be serviced by a reputable and licensed service firm and left in good operating condition and repair as so certified by such firm; and (vii) the plumbing and electrical systems and lighting shall be placed in good order and repair (including replacement of any burned out, discolored or broken light bulbs, ballasts, or lenses). If Landlord so requests (subject to Section 8.2.C and, with respect to Tenant’s Work, subject to Section 7 of the Work Letter attached to the Lease as Exhibit C)requests, Tenant shall, prior to the expiration or sooner termination of this Lease, (i) remove any Tenant’s Alterations which Tenant is required to remove pursuant to Section 8.2 §5.2 and repair all damage caused by such removal, and (ii) return the Premises or any part thereof to its original configuration existing as of the time the Premises were delivered to Tenant. If the Premises are not so surrendered at the termination of this Lease, Tenant shall be liable to Landlord for all costs incurred by Landlord in returning the Premises to the required condition, plus interest on all costs incurred at the Agreed Interest Rate. Tenant shall indemnify, defend, protect and hold harmless indemnify Landlord against loss, costs, claims, damage loss or liability resulting from delay by Tenant in so surrendering the Premises, including, without limitation, any claims resulting from such delay made by any succeeding tenant or, if such holdover extends beyond forty-five (45) days after the expiration or sooner termination of this Lease, losses to Landlord due to lost opportunities to lease to succeeding tenants resulting from such delay (subject to Landlord’s obligation, if any, to mitigate damages under Law)tenants.
Appears in 1 contract
Surrender of the Premises. Upon the expiration or sooner termination of this Lease, Tenant shall vacate and surrender the Premises to Landlord in good the same condition and repairas existed at the Commencement Date, except for (ai) reasonable wear and tear and tear, (bii) damage caused by casualty any peril or condemnation. , and (iii) contamination by Hazardous Materials for which Tenant is not responsible pursuant to ¶7.2A or ¶7.2B. In this regard, normal wear and tear shall be construed to mean wear and tear caused to the Premises by the natural aging process which occurs in spite of prudent application of the reasonable industry standards for maintenance, repair and janitorial practices, and does not include items of neglected or deferred maintenance. In any event, Tenant shall cause the following to be done prior to the expiration or the sooner termination of this Lease: (i) all interior walls shall be cleanedpainted or cleaned so that they appear freshly painted; (ii) all tiled floors shall be cleanedcleaned and waxed; and (iii) all carpets shall be cleanedcleaned and shampooed; (iv) all broken, marred, stained or nonconforming acoustical ceiling tiles shall be replaced; (v) all windows shall be washed; (vi) the HVAC system shall be serviced by a reputable and licensed service firm and left in good operating condition and repair as so certified by such firm; and (vii) the plumbing and electrical systems and lighting shall be placed in good order and repair (including replacement of any burned out, discolored or broken light bulbs, ballasts, or lenses). If Landlord so requests (subject to Section 8.2.C and, with respect to Tenant’s Work, subject to Section 7 of the Work Letter attached to the Lease as Exhibit C)requests, Tenant shall, prior to the expiration or sooner termination of this Lease, (i) remove any Tenant’s Alterations which Tenant is required to remove pursuant to Section 8.2 ¶5.2 and repair all damage caused by such removal, and (ii) return the Premises or any part thereof to its original configuration existing as of the time the Premises were delivered to Tenant. If the Premises are not so surrendered at the termination of this Lease, Tenant shall be liable to Landlord for all costs incurred by Landlord in returning the Premises to the required condition, plus interest on all costs incurred at the Agreed Interest Rate. Tenant shall indemnify, defend, protect and hold harmless indemnify Landlord against loss, costs, claims, damage loss or liability resulting from delay by Tenant in so surrendering the Premises, including, without limitation, any claims resulting from such delay made by any succeeding tenant or, if such holdover extends beyond forty-five (45) days after the expiration or sooner termination of this Lease, losses to Landlord due to lost opportunities to lease to succeeding tenants resulting from such delay (subject to Landlord’s obligation, if any, to mitigate damages under Law)tenants.
Appears in 1 contract
Sources: Lease (Tegal Corp /De/)
Surrender of the Premises. Upon the expiration or sooner termination of this Lease, Tenant shall vacate and surrender the Premises to Landlord in good the same condition and repairas existed at the Commencement Date, except for (ai) reasonable wear and tear and tear, (bii) damage caused by casualty any peril or condemnation, and (iii) contamination by Hazardous Materials for which Tenant is not responsible pursuant to ¶7.2A or ¶7.2B and (iv) Landlord’s negligence, willful misconduct and/or breach of the Lease. In this regard, normal wear and tear shall be construed to mean wear and tear caused to the Premises by the natural aging process and normal use which occurs in spite of prudent application of reasonable industry and the best standards for maintenance, repair and janitorial practices, and does not include items of neglected or deferred maintenancemaintenance for which Tenant or its agents are responsible. In any event, Tenant shall cause the following to be done prior to the expiration or the sooner termination of this Lease: (i) all interior walls shall be cleanedpainted or cleaned so that they appear freshly painted; (ii) all tiled floors shall be cleanedcleaned and waxed; and (iii) all carpets shall be cleanedcleaned and shampooed; (iv) all broken, marred, stained or nonconforming acoustical ceiling tiles shall be replaced; (v) all windows shall be washed; (vi) the HVAC system shall be serviced by a reputable and licensed service firm and left in good operating condition and repair as so certified by such firm; and (vii) the plumbing and electrical systems and lighting shall be placed in good order and repair (including replacement of any burned out, discolored or broken light bulbs, ballasts, or lenses). If Landlord so requests (subject to Section 8.2.C and, with respect to Tenant’s Work, subject to Section 7 of the Work Letter attached to the Lease as Exhibit C)requests, Tenant shall, prior to the expiration or sooner termination of this Lease, (i) remove any Tenant’s Alterations which Tenant is required to remove pursuant to Section 8.2 ¶5.2 and repair all damage caused by such removal, and (ii) return the Premises or any part thereof to its original configuration existing as of the time the Premises were delivered to Tenant. made since the Commencement date which Landlord does not require to be returned to its original condition. Tenant shall have no obligation to remove the Interior Improvements constructed pursuant to Exhibit B. If the Premises are not so surrendered at the termination of this Lease, Tenant shall be liable to Landlord for all costs incurred by Landlord in returning the Premises to the required condition, plus interest on all costs reasonably incurred at the Agreed Interest Rate. Tenant shall indemnify, defend, protect and hold harmless indemnify Landlord against loss, costs, claims, damage loss or liability resulting from delay by Tenant in so surrendering the Premises, including, without limitation, any claims resulting from such delay made by any succeeding tenant or, if such holdover extends beyond forty-five (45) days after the expiration or sooner termination of this Lease, losses to Landlord due to lost opportunities to lease to succeeding tenants resulting from such delay (subject to Landlord’s obligation, if any, to mitigate damages under Law)tenants.
Appears in 1 contract
Surrender of the Premises. Upon the expiration or sooner termination of this Lease, Tenant shall vacate and surrender the Premises to Landlord in good condition and repair, except for (a) reasonable wear and tear and (b) damage caused by casualty or condemnation. In this regard, normal wear and tear shall be construed to mean wear and tear caused to the Premises by the natural aging process which occurs in spite of prudent application of reasonable industry standards for maintenance, repair and janitorial practices, and does not include items of neglected or deferred maintenance. In any event, Tenant shall cause the following to be done prior to the expiration or sooner termination of this Lease: (i) all interior walls shall be cleaned; (ii) all tiled floors shall be cleaned; and (iii) all carpets shall be cleaned. If Landlord so requests (subject to Section 8.2.C and, with respect to Tenant’s Work, subject to Section 7 of the Work Letter attached to the Lease as Exhibit C), Tenant shall, prior to the expiration or sooner termination of this Lease, remove any Tenant’s Alterations which Tenant is required to remove pursuant to Section 8.2 and repair all damage caused by such removal. If the Premises are not so surrendered at the termination of this Lease, whether at the expiration of the Term or prior thereto pursuant to any provision hereof, Tenant shall be liable decommission the facilities and remove all containers of Tenant's Hazardous Materials from the Complex and remediate, to the extent required to Comply with Environmental Laws, any Tenant's Hazardous Materials on, from, or under the Premises and surrender to Landlord for the Premises in good order and repair, reasonable wear and tear and damage resulting from Landlord's acts excepted and subject to the effects of any damage, destruction or Appropriation, as to which the provisions of Article 21 shall govern, and free and clear of all costs incurred letting and occupancies other than any Permitted Subleases that pursuant to the provisions of this Lease Landlord has elected to recognize after such termination, and free and clear of all liens and encumbrances not caused by Landlord or otherwise approved in returning the Premises to the required condition, plus interest on all costs incurred at the Agreed Interest Ratewriting by Landlord. Tenant shall indemnify, defend, protect and hold harmless Landlord against loss, costs, claims, damage or liability resulting from delay by Tenant in so surrendering the Premises, including, without limitation, Upon any claims resulting from such delay made by any succeeding tenant or, if such holdover extends beyond forty-five (45) days after the expiration or sooner termination of this Lease, losses all Improvements (other than Tenant's Property) shall automatically and without further act by Landlord or Tenant, become the property of Landlord, free and clear of any claim or interest therein on the part of Tenant or anyone claiming under Tenant, and without payment therefor by Landlord. Upon or at any time after the Termination Date, if requested by Landlord, Tenant shall, without charge to Landlord, promptly execute, acknowledge and deliver to Landlord due quitclaim deed or other document reasonably required by any reputable title company, licensed to lost opportunities to lease to succeeding tenants resulting from such delay (subject to Landlord’s obligation, if anyoperate in the State of California, to mitigate damages under Law)remove the cloud or encumbrance created by this Lease from the real property of which Tenant's Premises are a part and a good and sufficient assignment to Landlord of Tenant's interest in any Permitted Subleases which Landlord has elected to recognize after the Termination Date, and in any contracts, as designated by Landlord, relating to the operation, management, maintenance or leasing of the Premises or any part thereof, to the extent assignable, and shall deliver to Landlord all such other instruments, records and documents relating to the operation, management, maintenance or leasing of the Premises or any part thereof, including but not limited to all leases, lease files, plans and specifications, records, registers, permits, and all other papers and documents which may be necessary or appropriate for the proper operation and management of the Premises. Any contracts, agreements or other obligations of Tenant relating to the Premises not designated by Landlord and assigned by Tenant to Landlord pursuant to this Article 26 shall immediately terminate and be of no further force or effect as of the Termination Date. Any of Tenant's Property that remains on the Premises later than thirty (30) days (or ninety (90) days if the termination is a result of casualty or Appropriation) after the Termination Date may, at the option of Landlord, be deemed to have been abandoned by Tenant and may either be retained by Landlord as its property or disposed of, without accountability, in such manner as Landlord may determine in its sole discretion.
Appears in 1 contract
Surrender of the Premises. Upon the expiration or sooner termination of this Lease, Tenant shall vacate and surrender the Premises to Landlord in good the same condition and repairas existed at the Commencement Date, except for (ai) reasonable wear and tear and tear, (bii) damage caused by casualty any peril or condemnation, (iii) contamination by Hazardous Materials for which Tenant is not responsible pursuant to Section 7.2A or Section 7.2B, and (iv) Tenant’s Alterations that may be surrendered upon expiration of the Lease Term. In this regard, normal wear and tear shall be construed to mean wear and tear caused to the Premises by the natural aging process which occurs in spite of prudent application of commercially reasonable industry standards for maintenance, repair and janitorial practices, and does not include items of neglected or deferred maintenance. In any event, Tenant shall cause the following to be done prior to the expiration or the sooner termination of this Lease: (i) all interior walls broken, marred, stained or nonconforming acoustical ceiling tiles shall be cleanedreplaced; (ii) all tiled floors the HVAC system shall be cleanedserviced by a reputable and licensed service firm and left in good operating condition and repair, reasonable wear and tear, as so certified by such firm; and (iii) all carpets the plumbing and electrical systems and lighting shall be cleanedplaced in good order and repair (including replacement of any burned out, discolored or broken light bulbs, ballasts, or lenses) reasonable wear and tear. If Landlord so requests (subject to Section 8.2.C and, with respect to Tenant’s Work, subject to Section 7 of the Work Letter attached to the Lease as Exhibit C)requests, Tenant shall, prior to the expiration or sooner termination of this Lease, (i) remove any Tenant’s Alterations which Tenant is required to remove pursuant to Section 8.2 5.2 and repair all damage caused by such removal, and (ii) return the Premises or any part thereof to its original configuration existing as of the time the Premises were delivered to Tenant, reasonable wear and tear and damage caused by a peril excepted. If the Premises are not so surrendered at the termination of this Lease, Tenant shall continue to be responsible for the payment of Rent until the Premises are so surrendered in accordance with said provisions and Tenant shall be liable to Landlord for all costs incurred by Landlord in returning the Premises to the required condition, plus interest on all costs incurred at the Agreed Interest Rate. Tenant shall indemnify, defend, protect and hold harmless indemnify Landlord against loss, costs, claims, damage loss or liability resulting from delay by Tenant in so surrendering the Premises, including, without limitation, any claims resulting from such delay made by any succeeding tenant or, if such holdover extends beyond forty-five (45) days after the expiration or sooner termination of this Lease, losses to Landlord due to lost opportunities to lease to succeeding tenants resulting from and losses and damages suffered by Landlord due to lost opportunities to lease any portion of the Premises to any such delay (subject to Landlord’s obligationsucceeding tenant or prospective tenant, if anytogether with, to mitigate damages under Law)in each case, actual attorneys’ fees and costs.
Appears in 1 contract
Surrender of the Premises. Upon the expiration or sooner termination of this Lease, Tenant shall vacate and surrender the Premises to Landlord in good the same condition and repairas existed on the Commencement Date, except for (ai) reasonable wear and tear and tear, (bii) damage caused by any casualty not caused by Tenant or ▇▇▇▇▇▇’s Agents or condemnation. , and (iii) contamination by Hazardous Materials for which Tenant is not responsible pursuant to Section 7.2A or Section 7.2B. In this regard, normal wear and tear shall be construed to mean wear and tear caused to the Premises by the natural aging process which occurs in spite of prudent application of reasonable industry the best standards for maintenance, repair and janitorial practices, and does not include items of neglected or deferred maintenance. In any event, Tenant shall cause the following to be done prior to the expiration or the sooner termination of this Lease: (i) all interior walls shall be cleanedcleaned so that they appear freshly painted but subject to reasonable wear and tear; (ii) all tiled floors non-carpeted floor coverings shall be cleanedcleaned and waxed; and (iii) all carpets shall be cleanedcleaned and shampooed; (iv) all broken, marred, stained or nonconforming acoustical ceiling tiles shall be replaced; and (v) all interior windows shall be washed. If Landlord so requests (subject to Section 8.2.C and, with respect to Tenant’s Work, subject to Section 7 of the Work Letter attached to the Lease as Exhibit C)requests, Tenant shall, prior to the expiration or sooner termination of this Lease, (i) remove any Tenant’s Alterations which Tenant is required to remove pursuant to Section 8.2 5.2 and repair all damage caused by such removal, and (ii) return the Premises or any part thereof to its original configuration existing as of the time the Premises were delivered to Tenant, subject to reasonable wear and tear. If the Premises are not so surrendered at upon the expiration or sooner termination of this Lease, Tenant shall be liable to Landlord for all costs incurred by Landlord in returning the Premises to the required condition, plus interest on all costs incurred at the Agreed Interest Rate. Tenant shall indemnify, defend, protect and hold harmless indemnify Landlord against loss, costs, claims, damage loss or liability resulting from delay by Tenant ▇▇▇▇▇▇ in so surrendering the Premises, including, without limitation, any claims resulting from such delay made by any succeeding tenant or, if such holdover extends beyond forty-five (45) days after the expiration or sooner termination of this Lease, losses to Landlord due to lost opportunities to lease to succeeding tenants resulting from such delay (subject to Landlord’s obligation, if any, to mitigate damages under Law)tenants.
Appears in 1 contract
Sources: NNN Office Lease (Tigo Energy, Inc.)
Surrender of the Premises. A. Upon the expiration or sooner earlier termination of this Lease, or upon the exercise by Landlord of its right to re-enter the Premises without terminating this Lease, Tenant shall immediately surrender the Premises to Landlord, together with all alterations, improvements, and other property as provided elsewhere herein, in broom-clean condition and in good order, condition and repair, except for ordinary wear and tear and damage which Tenant is not obligated to repair, failing which Landlord may restore the Premises to such condition at Tenant’s expense. Upon such expiration or termination, Tenant shall have the right to remove its personal property (as described in Article 7), and shall, if required by Landlord at the time Landlord approved Tenant’s alteration request, remove all alterations made to the Premises by or on behalf of Tenant. Additionally, Tenant shall only be obligated to remove computer and telephone cabling and wiring in the office portion of the Premises (the “Office Premises”) that is installed by Tenant. Such removal shall be performed by Tenant in accordance with all legal requirements and in such a manner that will enable Landlord to adequately identify where said cabling and wiring was removed. Any property remaining in the Premises after the expiration or termination of this Lease shall be deemed abandoned and Landlord shall have the right to remove and dispose of such property at Tenant’s sole cost and expense. Tenant shall, at its expense, promptly repair any damage caused by any such removal, and shall restore the Premises to the condition existing prior to the installation of the items so removed.
B. Notwithstanding anything to the contrary set forth herein, upon the expiration or earlier termination of this Lease, Tenant shall vacate will remove its laboratory equipment, benches and surrender hoods and return the laboratory portion of the Premises to Landlord with a vinyl floor and white walls. All full height demising walls in good condition the Vivarium portion of the Premises will be removed by Tenant and repair, except for (a) reasonable wear and tear and (b) damage caused by casualty or condemnation. In this regard, normal wear and tear the ceiling grid shall be construed restored. Tenant shall be permitted to mean wear and tear caused surrender the mechanical room with all equipment to remain therein. The remainder of the Premises shall be returned by Tenant to Landlord as required by subsection A above. Additionally, in the natural aging process which occurs in spite of prudent application of reasonable industry standards for maintenance, repair and janitorial practices, and event Tenant does not include items of neglected or deferred maintenance. In any eventexercise its Renewal Option (as defined in Section 19.27 herein), Tenant shall cause the following pay to be done Landlord no later than thirty (30) days prior to the expiration or sooner termination of this Lease: (i) all interior walls shall be cleaned; (ii) all tiled floors shall be cleaned; and (iii) all carpets shall be cleaned. If Landlord so requests (subject to Section 8.2.C and, with respect to Tenant’s Work, subject to Section 7 of the Work Letter attached Initial Term, a one-time restoration fee of $30,912.00 (representing $7.00 per rentable square foot allocated to the Lease as Exhibit C), Tenant shall, prior to the expiration or sooner termination Vivarium portion of this Lease, remove any Tenant’s Alterations which Tenant is required to remove pursuant to Section 8.2 and repair all damage caused by such removal. If the Premises are not so surrendered at the termination of this Lease, Tenant shall be liable to Landlord for all costs incurred by Landlord in returning the Premises to the required condition, plus interest on all costs incurred at the Agreed Interest Rate. Tenant shall indemnify, defend, protect and hold harmless Landlord against loss, costs, claims, damage or liability resulting from delay by Tenant in so surrendering the Premises, including, without limitation, any claims resulting from such delay made by any succeeding tenant or, if such holdover extends beyond forty-five (45) days after the expiration or sooner termination of this Lease, losses which is deemed to Landlord due to lost opportunities to lease to succeeding tenants resulting from such delay (subject to Landlord’s obligation, if any, to mitigate damages under Lawbe approximately 4,416 rentable square feet).
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Surrender of the Premises. Upon the expiration or sooner termination of this LeaseLease and provided ▇▇▇▇▇▇ has fully complied with the provisions of Section 7.2.5 (and other applicable sections), Tenant shall vacate and surrender the Premises to Landlord in good the same condition and repairas existed on the Commencement Date, except for (ai) reasonable wear and tear and tear, (bii) damage caused by any casualty not caused by Tenant or Tenant’s Agents or condemnation, and (iii) contamination by Hazardous Materials for which Tenant is not responsible pursuant to Article 7. In this regard, normal wear and tear shall be construed to mean wear and tear caused to the Premises by the natural aging process which occurs in spite of prudent application of reasonable industry the best standards for maintenance, repair and janitorial practices, and does not include items of neglected or deferred maintenance. In any event, Tenant shall cause the following to be done prior to the expiration or sooner termination of this Lease: (i) all interior walls shall be cleaned; (ii) all tiled floors shall be cleaned; and (iii) all carpets shall be cleaned. If Landlord so requests (subject to Section 8.2.C and, with respect to Tenant’s Work, subject to Section 7 of the Work Letter attached to the Lease as Exhibit C)requests, Tenant shall, prior to the expiration or sooner termination of this Lease, (y) remove any Tenant’s Alterations which Tenant is required to remove pursuant to Section 8.2 5.2 and repair all damage caused by such removal, and (z) except for any Tenant’s Alterations that Tenant is not required to remove, return the Premises or any part thereof to its original configuration existing as of the time the Premises were delivered to Tenant. If the Premises are not so surrendered at upon the expiration or sooner termination of this Lease, Tenant shall be liable to Landlord for all costs incurred by Landlord in returning the Premises to the required condition, plus interest on all costs incurred at the Agreed Interest Rate. Tenant shall indemnify, defend, protect and hold harmless indemnify Landlord against loss, costs, claims, damage loss or liability resulting from delay by Tenant ▇▇▇▇▇▇ in so surrendering the Premises, including, without limitation, any claims resulting from such delay made by any succeeding tenant or, if such holdover extends beyond forty-five (45) days after the expiration or sooner termination of this Lease, losses to Landlord due to lost opportunities to lease to succeeding tenants resulting from such delay (subject to Landlord’s obligation, if any, to mitigate damages under Law)tenants.
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Surrender of the Premises. Upon the expiration or sooner termination of this Lease, Tenant shall vacate and surrender the Premises to Landlord in good the same condition and repairas existed at the Commencement Date, except for (ai) reasonable wear and tear and tear, (bii) damage caused by casualty any peril or condemnation, (iii) contamination by Hazardous Materials for which Tenant is not responsible pursuant to Section 7.2 and (iv) repair, maintenance or replacement tasks to be performed by Landlord hereunder. In this regard, normal wear and tear shall be construed to mean wear and tear caused to the Premises by the natural aging process which occurs in spite of prudent application of commercially reasonable industry standards for maintenance, repair and janitorial practices, and does not include items of neglected or deferred maintenance. In any event, Tenant shall cause the following to be done prior to the expiration or sooner termination of this Lease: (i) all interior walls shall be cleaned; (ii) all tiled floors shall be cleaned; and (iii) all carpets shall be cleaned. If Landlord so requests (subject to Section 8.2.C and, with respect to Tenant’s Work, subject to Section 7 of the Work Letter attached to the Lease as Exhibit C)requests, Tenant shall, prior to the expiration or sooner termination of this Lease, (i) remove any Tenant’s Alterations which Tenant is required to remove pursuant to Section 8.2 5.2 and repair all damage caused by such removal, and (ii) return the Premises or any part thereof to its original configuration existing as of the time the Premises were delivered to Tenant if Tenant is required to do so pursuant to Section 5.2. If the Premises are not so surrendered at the termination of this Lease, Tenant shall continue to be responsible for the payment of Rent until the Premises are so surrendered in accordance with said provisions and Tenant shall be liable to Landlord for all costs incurred by Landlord in returning the Premises to the required condition, plus interest on all costs incurred at the Agreed Interest Rate. Tenant shall indemnify, defend, protect and hold harmless indemnify Landlord against loss, costs, claims, damage loss or liability resulting from delay by Tenant in so surrendering the Premises, including, without limitation, any claims resulting from such delay made by paid to any succeeding tenant or, if such holdover extends beyond forty-five (45) days after the expiration or sooner termination of this Lease, losses to and damages suffered by Landlord due to lost opportunities to lease any portion of the Premises to any such succeeding tenants resulting from such delay (subject to Landlord’s obligationtenant or prospective tenant, if anytogether with, to mitigate damages under Law)in each case, actual attorneys’ fees and costs.
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Sources: Lease Agreement (Omnicell Inc /Ca/)
Surrender of the Premises. Upon the expiration or sooner termination of this Lease, Tenant shall vacate and surrender the Premises to Landlord in good the same condition and repairas existed at the Commencement Date, except for (ai) reasonable wear and tear and tear, (bii) damage caused by casualty any peril or condemnation. , and (iii) contamination by Hazardous Materials for which Tenant is not responsible pursuant to ¶7.2A or ¶7.2B. In this regard, normal wear and tear shall be construed to mean wear and tear caused to the Premises by the natural aging process which occurs in spite of prudent application of reasonable industry standards for maintenance, repair and janitorial practices, and does not include items of neglected or deferred maintenance. In any event, Tenant shall cause the following to be done prior to the expiration or the sooner termination of this Lease: (i) all interior walls shall be cleanedcleaned so that they appear in a neat and clean condition reasonable wear and tear excepted, and if cleaning is not sufficient to achieve such condition, then the walls will be painted; (ii) all tiled floors shall be cleanedcleaned and waxed; and (iii) all carpets shall be cleanedcleaned and shampooed; (iv) all broken, marred, stained or nonconforming acoustical ceiling tiles shall be replaced; (v) all windows shall be washed; (vi) the HVAC system shall be serviced by a reputable and licensed service firm and left in good operating condition and repair as so certified by such firm; and (vii) the plumbing and electrical systems and lighting shall be placed in good order and repair (including replacement of any burned out, discolored or broken light bulbs, ballasts, or lenses). If Landlord so requests (subject to Section 8.2.C and, with respect to Tenant’s Work, subject to Section 7 of the Work Letter attached to the Lease as Exhibit C)requests, Tenant shall, prior to the expiration or sooner termination of this Lease, (i) remove any Tenant’s Alterations which Tenant is required to remove pursuant to Section 8.2 ¶5.2 and repair all damage caused by such removal, and (ii) return the Premises or any part thereof to its original configuration existing as of the time the Premises were delivered to Tenant. If the Premises are not so surrendered at the termination of this Lease, Tenant shall be liable to Landlord for all costs incurred by Landlord in returning the Premises to the required condition, plus interest on all costs incurred at the Agreed Interest Rate. Tenant shall indemnify, defend, protect and hold harmless indemnify Landlord against loss, costs, claims, damage loss or liability resulting from delay by Tenant in so surrendering the Premises, including, without limitation, any claims resulting from such delay made by any succeeding tenant or, if such holdover extends beyond forty-five (45) days after the expiration or sooner termination of this Lease, losses to Landlord due to lost opportunities to lease to succeeding tenants resulting from such delay (subject to Landlord’s obligation, if any, to mitigate damages under Law)tenants.
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Surrender of the Premises. Upon the expiration or sooner termination of this Lease, Tenant shall vacate and surrender the Premises to Landlord in good the same condition and repairas existed at the Commencement Date, except for (ai) reasonable wear and tear and tear, (bii) damage caused by casualty any peril or condemnation, (iii) contamination by Hazardous Materials for which Tenant is not responsible pursuant to Section 7.2, (iv) alterations or other improvements in the Premises which Tenant is permitted to surrender at the expiration or earlier termination of this Lease, and (v) repairs which are the responsibility of Landlord under this Lease. In this regard, normal wear and tear shall be construed to mean wear and tear caused to the Premises by the natural aging process which occurs in spite of prudent application of commercially reasonable industry standards for maintenance, repair and janitorial practices, and does not include items of neglected or deferred maintenance. In any event, Tenant shall cause the following to be done prior to the expiration or the sooner termination of this Lease: :
(i) all interior walls the HVAC system shall be cleaned; (ii) all tiled floors shall be cleanedserviced by a reputable and licensed service firm and left in good operating condition and repair, reasonable wear and tear, damage caused by any peril or condemnation, and repairs which are the responsibility of Landlord under this Lease excepted; and (iii) all carpets the plumbing and electrical systems and lighting shall be cleaned. If Landlord so requests placed in good order and repair (subject to Section 8.2.C andincluding replacement of any burned out, with respect to Tenant’s Workdiscolored or broken light bulbs, subject to Section 7 of the Work Letter attached to the Lease as Exhibit Cballasts, or lenses), reasonable wear and tear, damage caused by any peril or condemnation, and repairs which are the responsibility of Landlord under this Lease. Tenant shall, prior to the expiration or sooner termination of this Lease, remove any Tenant’s Alterations which Tenant is required to remove pursuant to Section 8.2 5.2 and repair all damage caused by such removal, reasonable wear and tear, damage caused by any peril or condemnation, and repairs which are the responsibility of Landlord under this Lease excepted. If the Premises are not so surrendered at the termination of this Lease, Tenant shall be liable to Landlord for all costs incurred by Landlord in returning the Premises to the required condition, plus interest on all costs incurred at the Agreed Interest Rate. Tenant shall indemnify, defend, protect and hold harmless indemnify Landlord against loss, costs, claims, damage loss or liability resulting from delay by Tenant in so surrendering the Premises, including, without limitation, any claims resulting from such delay made by any succeeding tenant or, if such holdover extends beyond forty-five (45) days after the expiration or sooner termination of this Lease, losses to Landlord due to lost opportunities to lease to succeeding tenants resulting from and losses and damages suffered by Landlord due to lost opportunities to lease any portion of the Premises to any such delay (subject to Landlord’s obligationsucceeding tenant or prospective tenant, if anytogether with, to mitigate damages under Law)in each case, actual attorneys’ fees and costs.
Appears in 1 contract
Sources: Lease (Intevac Inc)
Surrender of the Premises. Upon At the expiration or sooner earlier termination of this LeaseAgreement, Tenant Concessionaire shall vacate and surrender return the Premises to Landlord in good condition and repair, except for (a) reasonable subject to ordinary wear and tear and (b) damage caused by casualty or condemnation. In this regard, normal wear and tear shall be construed to mean wear and tear caused to the Premises by the natural aging process which occurs in spite of prudent application of reasonable industry standards for maintenance, repair and janitorial practicestear, and does not include items of neglected or deferred maintenance. In any eventConcessionaire shall remove all personal property, Tenant shall cause the following to be done prior to the expiration or sooner termination of this Lease: (i) all interior walls shall be cleaned; (ii) all tiled floors shall be cleaned; trade fixtures, and (iii) all carpets shall be cleaned. If Landlord so requests (subject to Section 8.2.C and, with respect to Tenant’s Work, subject to Section 7 of the Work Letter attached to the Lease as Exhibit C), Tenant shall, prior to the expiration or sooner termination of this Lease, remove any Tenant’s Alterations which Tenant is required to remove pursuant to Section 8.2 and repair all damage caused by such removal. If the Premises are not so surrendered at the termination of this Lease, Tenant shall be liable to Landlord for all costs incurred by Landlord in returning the Premises to the required condition, plus interest on all costs incurred at the Agreed Interest Rate. Tenant shall indemnify, defend, protect and hold harmless Landlord against loss, costs, claims, damage or liability resulting from delay by Tenant in so surrendering the Premises, including, without limitation, any claims resulting from such delay made by any succeeding tenant or, if such holdover extends beyond forty-five (45) days after the expiration or sooner termination of this Lease, losses to Landlord due to lost opportunities to lease to succeeding tenants resulting from such delay (subject to Landlord’s obligationequipment, if any, of Concessionaire (but excluding the Concessionaire Improvements, unless otherwise directed by the State) from the Premises prior to mitigate damages under Lawthe date of expiration or earlier termination. Concessionaire shall repair any and all damage to the Premises caused by Concessionaire's removal of the personal property, trade fixtures, and equipment, if any. All such removal and repair required of Concessionaire pursuant to this Article IV.C (Surrender of the Premises) shall be at Concessionaire's sole cost and expense. If Concessionaire fails to remove any items required to be removed by Concessionaire hereunder or fails to repair any resulting damage prior to or within ten (10) days after expiration or earlier termination of this Agreement, then the State may (but shall not be obligated to) remove said items, and repair any resulting damage, and Concessionaire shall pay the cost of any such removal and repair, together with interest thereon at the Default Rate from and after the date such costs were incurred until receipt of full payment therefor. Concessionaire shall also furnish to the State (as to existing Concessionaire Improvements if not previously delivered to the State), and the State shall have the right to use, a full set of the "as-built" plans and specifications for all Concessionaire Improvements, and all final reports prepared by or for Concessionaire on the environmental or physical condition of the Premises. Without limiting the foregoing, upon expiration or earlier termination of this Agreement, at the State's option, any USTs on the Premises shall be deemed conveyed to the State, or shall be required to be removed by Concessionaire at Concessionaire’s sole cost and expense. Concessionaire shall confirm any such conveyance of USTs by a bill of sale for such USTs to the State, if requested by the State. Concessionaire shall perform any removal required by the State in accordance with all Environmental Laws (as defined in Article XXII.A.4 [Environmental Laws] hereof) and otherwise in accordance with Article XXII (Hazardous Substances) hereof.
Appears in 1 contract
Sources: Concession Agreement
Surrender of the Premises. Upon the expiration or sooner termination of this Lease, Tenant shall vacate and surrender the Premises to Landlord in good the same condition and repairas existed on the Commencement Date, except for (ai) reasonable wear and tear and tear, (bii) damage caused by any casualty not caused by Tenant or Tenant’s Agents or condemnation. , and (iii) contamination by Hazardous Materials for which Tenant is not responsible pursuant to Section 7.2A or Section 7.2B. In this regard, normal wear and tear shall be construed to mean wear and tear caused to the Premises by the natural aging process which occurs in spite of prudent application of reasonable industry the best standards for maintenance, repair and janitorial practices, and does not include items of neglected or deferred maintenance. In any event, Tenant shall cause the following to be done prior to the expiration or the sooner termination of this Lease: (i) all interior walls shall be cleanedpainted or cleaned so that they appear freshly painted; (ii) all tiled floors non-carpeted floor coverings shall be cleanedcleaned and waxed; and (iii) all carpets shall be cleanedcleaned and shampooed; (iv) all broken, marred, stained or nonconforming acoustical ceiling tiles shall be replaced; and (v) all windows shall be washed. If Landlord so requests (subject required pursuant to Section 8.2.C and5.2(C), or if Tenant has not requested a determination from Landlord with respect to such Tenant’s Work, subject Alterations pursuant to Section 7 of the Work Letter attached to the Lease as Exhibit C5.2(C), if Landlord so requests, Tenant shall, prior to the expiration or sooner termination of this Lease, (i) remove any Tenant’s Alterations which Tenant is required to remove pursuant to Section 8.2 5.2 and repair all damage caused by such removal, and (ii) return the Premises or any part thereof to its original configuration existing as of the time the Premises were delivered to Tenant. If the Premises are not so surrendered at upon the expiration or sooner termination of this Lease, Tenant shall be liable to Landlord for all costs incurred by Landlord in returning the Premises to the required condition, plus interest on all costs incurred at the Agreed Interest Rate. Tenant shall indemnify, defend, protect and hold harmless indemnify Landlord against loss, costs, claims, damage loss or liability resulting from delay by Tenant in so surrendering the Premises, including, without limitation, any claims resulting from such delay made by any succeeding tenant or, if such holdover extends beyond forty-five (45) days after the expiration or sooner termination of this Lease, losses to Landlord due to lost opportunities to lease to succeeding tenants resulting from such delay (subject to Landlord’s obligation, if any, to mitigate damages under Law)tenants.
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Surrender of the Premises. Upon At the expiration or sooner termination of this LeaseLease in accordance with its terms, Tenant shall, without notice to quit which Tenant hereby waives, surrender the Premises in the same condition as the Premises were upon completion of construction contemplated by Section 3 hereof, reasonable wear and tear excepted, and shall vacate and surrender deliver all keys for the Premises to Landlord at the place then fixed for the payment of rent, and shall inform Landlord of all combinations on locks, safes and vaults, if any, in good condition the Premises. Tenant shall remove all of its trade fixtures and repairother personal property (including all racking, except for vaults and all shelving installed by Tenant), and any alterations, additions or improvements which Landlord requires to be removed, (a) reasonable wear and tear and (b) damage caused by casualty or condemnation. In this regardprovided that Landlord’s Work shall not be required to be removed), normal wear and tear shall be construed to mean wear and tear caused to before surrendering the Premises by the natural aging process which occurs and shall repair in spite of prudent application of reasonable industry standards for maintenance, repair a good and janitorial practices, and does not include items of neglected or deferred maintenance. In workmanlike manner any event, Tenant shall cause the following to be done prior to the expiration or sooner termination of this Lease: (i) all interior walls shall be cleaned; (ii) all tiled floors shall be cleaned; and (iii) all carpets shall be cleaned. If Landlord so requests (subject to Section 8.2.C and, with respect to Tenant’s Work, subject to Section 7 of the Work Letter attached to the Lease as Exhibit C), Tenant shall, prior to the expiration or sooner termination of this Lease, remove any Tenant’s Alterations which Tenant is required to remove pursuant to Section 8.2 and repair all damage caused by such removal. If Tenant remains in possession of the Premises are not so surrendered at after the expiration or termination of this Leasethe Term without the execution of a new lease, or a renewal or extension in writing, Tenant shall be liable to for all damages that Landlord may sustain by virtue thereof, including but not limited to, any amount for which Landlord may be liable under, or as the result of, any lease entered into by Landlord for all costs incurred by Landlord in returning the Premises to the required condition, plus interest on all costs incurred a term beginning at the Agreed Interest Rate. Tenant shall indemnify, defend, protect and hold harmless Landlord against loss, costs, claims, damage or liability resulting from delay by Tenant in so surrendering the Premises, including, without limitation, any claims resulting from such delay made by any succeeding tenant or, if such holdover extends beyond forty-five (45) days after the expiration of the Term. If, and while Tenant is holding over, it shall continue to be subject to and shall perform all of the conditions, provisions and obligations of this Lease except that Tenant shall pay Landlord rent at an amount equal to 150% of the rent payable prior to the expiration or sooner termination of the Term; and Tenant shall continue to be a tenant from month-to-month until its tenancy shall be terminated by Landlord, or until Tenant shall have given Landlord written notice of at least one (1) full calendar month of its intention to terminate the tenancy. Nothing contained in this Lease, losses however, shall be construed as a consent by Landlord to Landlord due the occupancy or possession of the Premises by Tenant after the expiration of the Term, and shall be entitled to lost opportunities the benefit of all public general or public local laws or ordinances relating to lease to succeeding tenants resulting from such delay (subject to Landlord’s obligationthe recovery of possession of lands and tenements held over by tenants, if any, to mitigate damages under Law)that may now be in force or hereafter enacted.
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