Surrender of property definition

Surrender of property. ▇▇▇▇▇▇ agrees to surrender the premises in the same condition in which they were found. Failure to leave the premises undamaged and in clean condition will result in a forfeiture of the security and damage deposit and/or an additional cleaning cost imposed. Utilities: Church shall furnish normal utilities for use of the premises. Renter shall not use any equipment that would exceed ordinary electrical or other utility service.
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Related to Surrender of property

  • surrender when used with respect to American Depositary Shares, shall mean (i) one or more book-entry transfers of American Depositary Shares to the DTC account of the Depositary, (ii) delivery to the Depositary at its Office of an instruction to surrender American Depositary Shares not evidenced by a Receipt or (iii) surrender to the Depositary at its Office of one or more Receipts evidencing American Depositary Shares.

  • Replacement Property means any property which is placed in service as a replacement for any item of Equipment or any Improvement previously subject to this Fee Agreement regardless of whether such property serves the same functions as the property it is replacing and regardless of whether more than one piece of property replaces any item of Equipment or any Improvement to the fullest extent that the FILOT Act permits.

  • registered premises means a location that is licensed pursuant to this chapter and includes:

  • movable property means property of every description except immovable property;

  • Surrender Charge means a charge levied on the Fund Value at the time of surrender of the Policy.