Redelivery Upon Termination Clause Samples
The "Redelivery Upon Termination" clause requires a party to return property, materials, or confidential information to the other party when the contract ends. In practice, this may involve returning leased equipment, proprietary documents, or any items provided during the course of the agreement, regardless of the reason for termination. This clause ensures that all assets are promptly returned to their rightful owner, preventing misuse or unauthorized retention after the contractual relationship concludes.
Redelivery Upon Termination. The recipient shall deliver or cause to be delivered to the provider, or destroy, promptly after termination of this Agreement for any reason any documents containing Proprietary Information and any copies thereof which the recipient (or others to whom the recipient has disclosed the same hereunder whether authorized hereby or not) may have and shall permanently erase or cause to be erased all Proprietary Information from any computer memory or storage.
Redelivery Upon Termination. On the date of termination of this Lease (except as otherwise provided pursuant to Section 8(d)) hereof, Lessee shall at its sole cost and expense, return the Engine to Lessor, at the Lessee's facilities in Colorado Springs, Colorado [or at those of its FAA approved maintenance provider performing the pre-redelivery "C" check] (provided that if this Lease shall be terminated as a result of a default by Lessee under the Lease the Engine shall be returned to a point in the United States reasonably requested by Lessor). At the time of return of the Engine to Lessor, Lessor and Lessee shall execute a Return Acceptance Receipt in the form of Exhibit C hereto.
Redelivery Upon Termination. On the date of termination of this Lease, except as otherwise provided pursuant to SECTION 8(E) hereof, Lessee shall at its sole cost and expense, return the Aircraft to Lessor, at the Lessee's facilities in Colorado Springs, Colorado or at those of its FAA approved maintenance provider performing the pre-redelivery "C" check (provided that if this Lease shall be terminated as a result of a default by Lessee under the Lease the Aircraft shall be returned to a point in the United States reasonably requested by Lessor). At the time of return of the Aircraft to Lessor, Lessor and Lessee shall execute a Return Acceptance Receipt in substantially the form of EXHIBIT C hereto.
Redelivery Upon Termination. Upon the termination of this Lease or the expiration of the term hereof, the Tenant agrees to vacate and surrender the premises described in Article III hereof to the Landlord in the original condition in which the Tenant assumed possession, ordinary wear and tear excepted.
Redelivery Upon Termination. On the date of termination of this Sublease, Sublessee shall at its sole cost and expense, return the Aircraft to Sublessor, at Sublessor's facilities in San Salvador, El Salvador (provided that if this Sublease shall be terminated as a result of a default by Sublessor under the Lease or a default by Lessor under the Mortgage the Aircraft shall be returned to a point in the United States reasonably requested by Lessor or Agent). If there shall be any Tax imposed by a Government Entity of the United States, imposed upon Sublessee solely by virtue of redelivery of the Aircraft to El Salvador, Sublessee and Sublessor shall, in good faith, negotiate a reasonable alternate redelivery location; provided, however, that no alternate location shall be deemed reasonable if Sublessor shall incur any Taxes by virtue of accepting redelivery and/or removing the Aircraft from such location. At the time of return of the Aircraft to Sublessor, Sublessor and Sublessee shall execute a Return Acceptance Receipt in substantially the form of Exhibit C hereto.
Redelivery Upon Termination. On the date of termination of --------------------------- this Lease, LESSEE shall at its own expense return the Engines to LESSOR in Norwalk, Connecticut. At the time of return of each Engine to LESSOR, LESSOR and LESSEE shall execute a Return Acceptance Receipt in substantially the form of Exhibit B hereto. Upon --------- delivery to Lessor:
(i) All outstanding airworthiness directives, mandatory service bulletins and instructions issued by the FAA affecting the Engines and requiring compliance (either by means of repetitive inspections, modifications or terminating action) prior to the return date of the Engine to LESSOR shall have been complied with on a terminating action basis (if terminating action is available). In the event LESSEE has obtained a waiver, deviation, dispensation or extension from the FAA and/or any other aviation authority from having to comply with any such mandatory orders, directives and instructions, LESSEE shall, irrespective of such waiver, deviation, dispensation or extension comply on a terminating action basis with all such mandatory orders, directives and instructions covered by such waiver, deviation, dispensation or extension prior to return of the Engines to LESSOR;
(ii) All outstanding deferred maintenance items shall have been cleared on a terminating action basis; and
(iii) No special or unique Manufacturer or FAA inspection or check requirements which are specific to any Engine (as opposed to all aircraft or engines of their types) and which shall have arisen during the Term hereof will exist with respect to any Engine and its parts, components and systems.