Common use of RE-DELIVERY Clause in Contracts

RE-DELIVERY. The Tenant agrees, consistent with Article 3, that upon the occurrence of the Expiration or Termination Date of this Lease, it will quit and surrender the Leased Premises, leaving the land, as well as City and Tenant Improvements located thereon in reasonably good and clean condition and fit for the use specified in Article 2 of this Lease, reasonable wear and tear excepted. In the event that Tenant must raze and remove all Tenant Improvements on the Leased Premises, the land and City Improvements shall be left in good clean condition and without any Hazardous Materials, waste, or construction and demolition materials remaining on the Leased Premises. The requirements described in the preceding two sentences shall be performed to the written satisfaction of the Airport Manager and in compliance with all local, state and federal laws and regulations. If the Tenant fails to fully perform its obligation to leave the land in a good clean condition and without any Hazardous Materials, waste, or construction and demolition materials remaining on the Leased Premises and the City incurs expense to perform this obligation of Tenant, Tenant shall be liable for the City’s expenses and shall reimburse the City within 30 days of the City presenting an invoice to Tenant listing such costs. This obligation of Tenant shall survive the Termination Date of this Lease.

RE-DELIVERY. The Tenant agrees, consistent with Article 33.3, that upon the occurrence of the Expiration or Termination Date of this Lease, it will quit and surrender the Leased Premises, leaving the land, as well as City and Tenant Improvements improvements located thereon in the event Tenant elects to transfer the improvements to the City, in reasonably good and clean condition and fit for the use specified in Article 2 of this Lease, reasonable wear and tear excepted. In the event that Tenant must elects to raze and remove all Tenant Improvements improvements on the Leased Premises, the land and City Improvements shall be left in good clean condition and without any Hazardous Materials, waste, or construction and demolition materials remaining on the Leased Premises. The requirements described in the preceding two sentences shall be performed to the written satisfaction of the Airport Manager and in compliance with all local, state and federal laws and regulations. If the Tenant fails to fully perform its obligation to leave the land in a good clean condition and without any Hazardous Materials, waste, or construction and demolition materials remaining on the Leased Premises and the City incurs expense to perform this obligation of Tenant, Tenant shall be liable for the City’s expenses and shall reimburse the City within 30 days of the City presenting an invoice to Tenant listing such costs. This obligation of Tenant shall survive the Termination Date of this Lease.