Common use of Property Removed Clause in Contracts

Property Removed. All property of the Tenant removed from the Property by the Landlord under this Lease or applicable law may be handled, removed or stored by the Landlord at the cost and expense of the Tenant, and the Landlord shall not be responsible in any event for the value, preservation or safekeeping thereof. The Tenant shall pay the Landlord for any and all expenses incurred by the Landlord related to the removal and storage of such property. All property not removed from the Property or retaken from the Landlord by the Tenant within thirty (30) days after the end of the Term or the termination of the Tenant’s right to use or possess the Property shall be conclusively deemed to have been conveyed by the Tenant to the Landlord as by xxxx of sale without further payment or credit by the Landlord to the Tenant.

Appears in 7 contracts

Samples: Lease Agreement (Diamondback Energy Services, Inc.), Lease Agreement (Diamondback Energy Services, Inc.), Lease Agreement (Diamondback Energy Services, Inc.)

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Property Removed. All property of the Tenant Tenant’s Property removed from the Property by the Landlord under this Lease or applicable law may be handled, removed or stored by the Landlord at the cost and expense of the Tenant, and the Landlord shall not be responsible in any event for the value, preservation or safekeeping thereof. The Tenant shall pay the Landlord for any and all expenses incurred by the Landlord related to the removal and storage of such property. All property Notwithstanding the applicable limitations of section 14 “ALTERATIONS” herein, all Tenant’s Property not removed from the Property or retaken from the Landlord by the Tenant within thirty (30) days after the end of the Term or the termination of the Tenant’s right to use or possess the Property shall be conclusively deemed to have been conveyed by the Tenant to the Landlord as by xxxx of sale without further payment or credit by the Landlord to the Tenant.

Appears in 5 contracts

Samples: Lease Agreement (Great White Energy Services, Inc.), Lease Agreement (Great White Energy Services, Inc.), Lease Agreement (Great White Energy Services, Inc.)

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