DEMOLITION UPON SURRENDER Clause Samples

DEMOLITION UPON SURRENDER. (a) Notwithstanding any other provisions of this Lease to the contrary (including, but not limited to, Section 28 and the last paragraph of Section 12), Landlord may elect to cause Tenant to demolish completely the Greenhouse and all Improvements, Alterations, and Installations, and to restore any damage to the Site caused by or occasioned as a result of such demolition, upon the expiration or earlier termination of this Lease. Landlord may make such election by giving Notice to Tenant of such election: (i) within 5 days after any early termination of this Lease, or (ii) no later than 90 days prior to the scheduled expiration of this Lease. If Landlord so elects, Tenant shall cause such demolition and restoration to be performed within 120 days after the expiration or earlier termination of this Lease, subject to Force Majeure Delays and delays needed to obtain any Hazardous Materials Clearances required to perform such demolition and restoration. Without in any way limiting the generality of the foregoing, (x) during the demolition, Tenant, on a daily basis, shall cause the Site and any adjacent property (including the Additional Site) to be cleaned so that they are free from any accumulation of waste materials, trash, rubbish, or other debris, (y) at all times, Tenant shall ensure that no burning of waste materials, trash, or rubbish occurs on the Site or any adjacent property (including the Additional Site), that no dirt, dust, or other by-product of the demolition creates a public nuisance, and that all demolition work is performed in compliance with all applicable Legal Requirements, and (z) upon completion of the demolition, Tenant shall cause to be removed from the Site and any adjacent property (including the Additional Site) all waste materials, trash, rubbish, tools, equipment, machinery, and other debris. Tenant also shall ensure that all demolition and restoration work is performed by duly licensed, insured, and bonded contractors. If the demolition and/or restoration is not performed within the required 120 days, Tenant shall pay Rent to Landlord for the additional time used (as provided herein) as if Tenant otherwise occupied the Premises during such period. Tenant's obligations under this Section shall be referred to collectively as the "DEMOLITION OBLIGATIONS". (b) Tenant shall deposit with Landlord on the Commencement Date security for the performance of all of Tenant's Demolition Obligations (the "DEMOLITION DEPOSIT") in an amount equal t...