Common use of Surrender of the Property Clause in Contracts

Surrender of the Property. Upon the termination of this Lease, Tenant shall quit and surrender the Project, broom clean, to Landlord, without delay and in good order, condition and repair, ordinary wear and tear excepted, free and clear of all liens and encumbrances other than Permitted Exceptions. Any personal property owned by Tenant which shall remain on the Project after the termination of this Lease and the removal of Tenant from the Project, may, at the option of Landlord, be deemed to have been abandoned, and may either be retained by Landlord as its property or be disposed of without accountability, as Landlord may see fit. The provisions of this Section shall survive the termination of this Lease .Further upon termination Tenant shall surrender its current (*CITY CONFIDENTIAL*) License for the Premises to Landlord along with all other documents affidavits etc. required by the City of (*CITY CONFIDENTIAL*) to allow the cancellation of Tenant’s license instantaneously with the issuance of a new Portions of this exhibits indicated by “(*[TEXT]*)” have been omitted pursuant to a request for confidential treatment and such omitted portions have been filed separately with the Securities and Exchange Commission. (*CITY CONFIDENTIAL*) License for the Premise to Landlord or his designee. To the extent necessary this document shall constitute an irrevocable Power of attorney from Tenant to Landlord or his designee to effectuate the provisions of this subsection.

Surrender of the Property. Upon the termination of this Lease, Tenant shall quit and surrender the Project, broom clean, to Landlord, without delay and in good order, condition and repair, ordinary wear and tear excepted, free and clear of all liens and encumbrances other than Permitted Exceptions. Any personal property owned by Tenant which shall remain on the Project after the termination of this Lease and the removal of Tenant from the Project, may, at the option of Landlord, be deemed to have been abandoned, and may either be retained by Landlord as its property or be disposed of without accountability, as Landlord may see fit. The provisions of this Section shall survive the termination of this Lease .Further upon termination Tenant shall surrender its current (*CITY CONFIDENTIAL*) License for the Premises to Landlord along with all other documents affidavits etc. required by the City of (*CITY CONFIDENTIAL*) to allow the cancellation of Tenant’s license instantaneously with the issuance of a new CONFIDENTIAL TREATMENT REQUESTED Portions of this exhibits indicated by “(*[TEXT]*)” have been omitted pursuant to a request for confidential treatment and such omitted portions have been filed separately with the Securities and Exchange Commission. (*CITY CONFIDENTIAL*) License for the Premise to Landlord or his designee. To the extent necessary this document shall constitute an irrevocable Power of attorney from Tenant to Landlord or his designee to effectuate the provisions of this subsection.