Common use of Surrendering the Premises Clause in Contracts

Surrendering the Premises. Upon the termination of the lease, ▇▇▇▇▇▇ shall surrender the Premises to Landlord in the same broom clean condition that the Premises were in on the Commencement Date except for ordinary wear and tear. On surrender, Tenant shall remove from the Premises its personal property, trade fixtures, and any alterations required to be removed under paragraph 4.01 and repair any damage to the Premises caused by the removal. Any items not removed by Tenant as required above shall be considered abandoned. Landlord may dispose of abandoned items as Landlord chooses and ▇▇▇▇ ▇▇▇▇▇▇ for the cost of their disposal, minus any revenues received by Landlord for their disposal. Tenant’s Security Deposit may be withheld by Landlord, at ▇▇▇▇▇▇▇▇’s sole and absolute discretion, for reimbursement of such removal and disposal costs including any related repairs to bring the Premises to the condition required at surrender per this lease.

Appears in 1 contract

Sources: Commercial Lease (HealthLynked Corp)

Surrendering the Premises. Upon the termination of the lease, ▇▇▇▇▇▇ Tenant shall surrender the Premises to Landlord in the same broom clean condition that the Premises were in on the Commencement Date except for ordinary wear and tear. On surrender, Tenant shall remove from the Premises its personal property, trade fixtures, and any alterations required to be removed under paragraph 4.01 and repair any damage to the Premises caused by the removal. Any items not removed by Tenant as required above shall be considered abandoned. Landlord may dispose of abandoned items as Landlord chooses and ▇▇▇▇ ▇▇▇▇▇▇ for the cost of their disposal, minus any revenues received by Landlord for their disposal. disposal Tenant’s Security Deposit may be withheld by Landlord, at ▇▇▇▇▇▇▇▇’s sole and absolute discretion, for reimbursement of such removal and disposal costs including any related repairs to bring the Premises to the condition required at surrender per this lease.

Appears in 1 contract

Sources: Commercial Lease (HealthLynked Corp)