{"component": "clause", "props": {"groups": [{"size": 77, "snippet": "Any consensual or negotiated surrender, cancellation, or termination of the Lease, in whole or in part, agreed upon between Landlord and Tenant, unless effected unilaterally by Tenant pursuant to the express terms of the Lease.", "snippet_links": [{"key": "termination-of-the-lease", "type": "clause", "offset": [57, 81]}, {"key": "landlord-and-tenant", "type": "definition", "offset": [124, 143]}, {"key": "by-tenant", "type": "definition", "offset": [174, 183]}, {"key": "pursuant-to-the", "type": "definition", "offset": [184, 199]}, {"key": "terms-of-the-lease", "type": "clause", "offset": [208, 226]}], "samples": [{"hash": "6oUFuVCBnIU", "uri": "/contracts/6oUFuVCBnIU#surrender-etc", "label": "Lease Agreement (Proterra Inc)", "score": 34.2046546936, "published": true}, {"hash": "7wW6NDAlmhM", "uri": "/contracts/7wW6NDAlmhM#surrender-etc", "label": "Lease Agreement (Hubspot Inc)", "score": 34.1252555847, "published": true}, {"hash": "4gxUPhXn1hm", "uri": "/contracts/4gxUPhXn1hm#surrender-etc", "label": "Lease Agreement (Keros Therapeutics, Inc.)", "score": 32.8412055969, "published": true}], "hash": "eff60b2b0935d6f2c6f1ce81e750fcaf", "id": 1}, {"size": 3, "snippet": "In the case of each redemption of Notes pursuant to Section 8.2, subject to the last sentence of Section 8.2(c) and the ability of the Company to revoke a redemption notice at any time prior to the redemption date with respect to any optional redemption pursuant to Section 8.2(b), the principal amount of each Note to be redeemed shall mature and become due and payable on the date fixed for such redemption, together with accrued interest on such principal amount accrued to, but not including, such date and the applicable redemption premium as of the date of such redemption, if any. From and after such date, unless the Company shall have revoked the redemption notice or shall have failed to pay such redemption price, interest on such principal amount shall cease to accrue. Any Note redeemed in full or in part shall be surrendered to the Company on or prior to the redemption date and cancelled and shall not be reissued, and no Note shall be issued in lieu of any redeemed principal amount of any Note and, in the case of Notes redeemed in part, the Company shall issue a new Note to the holder thereof for the unredeemed portion of the Note surrendered.", "snippet_links": [{"key": "in-the-case", "type": "clause", "offset": [0, 11]}, {"key": "redemption-of-notes", "type": "clause", "offset": [20, 39]}, {"key": "section-82", "type": "clause", "offset": [52, 63]}, {"key": "the-last-sentence", "type": "clause", "offset": [76, 93]}, {"key": "of-the-company", "type": "clause", "offset": [128, 142]}, {"key": "at-any-time", "type": "clause", "offset": [173, 184]}, {"key": "prior-to-the", "type": "clause", "offset": [185, 197]}, {"key": "redemption-date", "type": "clause", "offset": [198, 213]}, {"key": "with-respect-to", "type": "clause", "offset": [214, 229]}, {"key": "optional-redemption", "type": "clause", "offset": [234, 253]}, {"key": "the-principal-amount", "type": "definition", "offset": [282, 302]}, {"key": "note-to", "type": "definition", "offset": [311, 318]}, {"key": "due-and-payable", "type": "definition", "offset": [355, 370]}, {"key": "accrued-interest-on", "type": "definition", "offset": [424, 443]}, {"key": "amount-accrued", "type": "clause", "offset": [459, 473]}, {"key": "applicable-redemption-premium", "type": "definition", "offset": [515, 544]}, {"key": "date-of", "type": "clause", "offset": [555, 562]}, {"key": "the-company-shall", "type": "clause", "offset": [621, 638]}, {"key": "the-redemption-notice", "type": "definition", "offset": [652, 673]}, {"key": "to-pay", "type": "clause", "offset": [695, 701]}, {"key": "redemption-price", "type": "definition", "offset": [707, 723]}, {"key": "to-the-company", "type": "clause", "offset": [840, 854]}, {"key": "in-lieu-of", "type": "clause", "offset": [959, 969]}, {"key": "notes-redeemed-in-part", "type": "clause", "offset": [1032, 1054]}, {"key": "new-note", "type": "definition", "offset": [1082, 1090]}, {"key": "the-holder", "type": "clause", "offset": [1094, 1104]}, {"key": "the-note", "type": "clause", "offset": [1143, 1151]}], "samples": [{"hash": "3NP3NQiY37V", "uri": "/contracts/3NP3NQiY37V#surrender-etc", "label": "Note and Warrant Exchange Agreement (Kingstone Companies, Inc.)", "score": 31.9445590973, "published": true}], "hash": "a4708970e6877a065748839ae37d6be3", "id": 2}, {"size": 2, "snippet": "Any consensual or negotiated surrender, cancellation, or termination of the Lease, in whole or in part, agreed upon between Landlord and Tenant, unless effected unilaterally by Tenant pursuant to the express terms of the Lease. [THIS SUB-SECTION 4.7 MAY BE DELETED IF THIS IS A TERM LOAN AND THE BORROWER/LANDLORD IS NOT CONSTRUCTING OR PAYING FOR ANY TENANT IMPROVEMENTS.] 4.7 Construction-Related Obligations. Any Construction-Related Obligation of Landlord under the Lease.", "snippet_links": [{"key": "termination-of-the-lease", "type": "clause", "offset": [57, 81]}, {"key": "landlord-and-tenant", "type": "definition", "offset": [124, 143]}, {"key": "by-tenant", "type": "definition", "offset": [174, 183]}, {"key": "pursuant-to-the", "type": "definition", "offset": [184, 199]}, {"key": "terms-of-the-lease", "type": "clause", "offset": [208, 226]}, {"key": "section-47", "type": "clause", "offset": [238, 249]}, {"key": "a-term-loan", "type": "definition", "offset": [276, 287]}, {"key": "the-borrower", "type": "definition", "offset": [292, 304]}, {"key": "tenant-improvements", "type": "definition", "offset": [352, 371]}, {"key": "related-obligations", "type": "clause", "offset": [391, 410]}, {"key": "obligation-of-landlord", "type": "clause", "offset": [437, 459]}], "samples": [{"hash": "hKxFALDDiA8", "uri": "/contracts/hKxFALDDiA8#surrender-etc", "label": "Lease Agreement", "score": 31.3408622742, "published": true}, {"hash": "6s3TEXsvtro", "uri": "/contracts/6s3TEXsvtro#surrender-etc", "label": "Lease Agreement (SP Plus Corp)", "score": 25.1943874359, "published": true}], "hash": "d674cf32e74099f96317e2e8e85f3a47", "id": 3}, {"size": 2, "snippet": "Upon payment or prepayment of each Note in full, such Note shall be surrendered to the Company and cancelled and shall not be reissued, and no Note shall be issued in lieu of any prepaid principal amount.", "snippet_links": [{"key": "upon-payment", "type": "clause", "offset": [0, 12]}, {"key": "to-the-company", "type": "clause", "offset": [80, 94]}, {"key": "in-lieu-of", "type": "clause", "offset": [164, 174]}, {"key": "prepaid-principal-amount", "type": "definition", "offset": [179, 203]}], "samples": [{"hash": "hvWqJXfwTls", "uri": "/contracts/hvWqJXfwTls#surrender-etc", "label": "Note Purchase Agreement (Conifer Holdings, Inc.)", "score": 28.1937026978, "published": true}, {"hash": "gFIaoIpSIh2", "uri": "/contracts/gFIaoIpSIh2#surrender-etc", "label": "Note Purchase Agreement (Conifer Holdings, Inc.)", "score": 27.8459949493, "published": true}], "hash": "5c271d6f91a19322a01f5e5d3b742ed5", "id": 4}, {"size": 2, "snippet": "Any consensual or negotiated surrender, cancellation, or termination of the Lease, in whole or in part, agreed upon between Landlord and Tenant, unless effected unilaterally by Tenant pursuant to the express terms of the Lease; or", "snippet_links": [{"key": "termination-of-the-lease", "type": "clause", "offset": [57, 81]}, {"key": "landlord-and-tenant", "type": "definition", "offset": [124, 143]}, {"key": "by-tenant", "type": "definition", "offset": [174, 183]}, {"key": "pursuant-to-the", "type": "definition", "offset": [184, 199]}, {"key": "terms-of-the-lease", "type": "clause", "offset": [208, 226]}], "samples": [{"hash": "477Ot3YT9Rv", "uri": "/contracts/477Ot3YT9Rv#surrender-etc", "label": "Lease Agreement (Neogenesis Pharmaceuticals Inc)", "score": 18.0, "published": true}], "hash": "f0bb838d9770677d86913bb14bcf52eb", "id": 5}, {"size": 1, "snippet": "Any consensual or negotiated surrender, cancellation or termination of the Redevelopment Agreement in whole or in part, agreed upon between any Former Owner and the Village, unless effected unilaterally by the Village pursuant to the express terms of the Redevelopment Agreement.", "snippet_links": [{"key": "redevelopment-agreement", "type": "definition", "offset": [75, 98]}, {"key": "former-owner", "type": "definition", "offset": [144, 156]}, {"key": "by-the-village", "type": "clause", "offset": [203, 217]}, {"key": "pursuant-to-the", "type": "definition", "offset": [218, 233]}, {"key": "terms-of-the", "type": "clause", "offset": [242, 254]}], "samples": [{"hash": "9XPJSRE4DTC", "uri": "/contracts/9XPJSRE4DTC#surrender-etc", "label": "Recognition and Estoppel Agreement", "score": 25.702796936, "published": true}], "hash": "924fa98a3d16b115e1eb26a3fdbf172e", "id": 6}, {"size": 1, "snippet": "DOCPROPERTY \"CUS_DocIDChunk0\" 49361156.14 Upon payment or prepayment of each Note in full, such Note shall be surrendered to the Company and cancelled and shall not be reissued, and no Note shall be issued in lieu of any prepaid principal amount.", "snippet_links": [{"key": "upon-payment", "type": "clause", "offset": [42, 54]}, {"key": "to-the-company", "type": "clause", "offset": [122, 136]}, {"key": "in-lieu-of", "type": "clause", "offset": [206, 216]}, {"key": "prepaid-principal-amount", "type": "definition", "offset": [221, 245]}], "samples": [{"hash": "44lFqWFl9pp", "uri": "/contracts/44lFqWFl9pp#surrender-etc", "label": "Note Purchase Agreement (Conifer Holdings, Inc.)", "score": 34.8644752502, "published": true}], "hash": "f79e45821fa1db2c4f3fb918a91a014a", "id": 7}, {"size": 1, "snippet": "Any consensual or negotiated surrender, cancellation, or termination of the Ground Lease, in whole or in part, agreed upon between City and Borrower, unless effected unilaterally by City pursuant to the express terms of the Ground Lease, subject to this Agreement.", "snippet_links": [{"key": "the-ground-lease", "type": "clause", "offset": [72, 88]}, {"key": "by-city", "type": "definition", "offset": [179, 186]}, {"key": "pursuant-to-the", "type": "definition", "offset": [187, 202]}, {"key": "terms-of-the", "type": "clause", "offset": [211, 223]}, {"key": "to-this-agreement", "type": "clause", "offset": [246, 263]}], "samples": [{"hash": "2UU0hNkEUmM", "uri": "/contracts/2UU0hNkEUmM#surrender-etc", "label": "Nondisturbance and Attornment Agreement", "score": 31.1989898682, "published": true}], "hash": "30d98428b850c342539d3644d901813a", "id": 8}, {"size": 1, "snippet": "Any consensual or negotiated surrender, cancellation, or termination of the Sublease, in whole or in part, agreed upon between Tenant and Subtenant, unless effected unilaterally by Subtenant pursuant to the express terms of the Sublease.", "snippet_links": [{"key": "the-sublease", "type": "clause", "offset": [72, 84]}, {"key": "tenant-and-subtenant", "type": "clause", "offset": [127, 147]}, {"key": "by-subtenant", "type": "clause", "offset": [178, 190]}, {"key": "pursuant-to-the", "type": "definition", "offset": [191, 206]}, {"key": "terms-of-the", "type": "clause", "offset": [215, 227]}], "samples": [{"hash": "4HqoDLbIlAw", "uri": "/contracts/4HqoDLbIlAw#surrender-etc", "label": "NBC Lease Agreement (NBCUniversal Media, LLC)", "score": 22.5249824524, "published": true}], "hash": "6add38595e2d1a1a061e3349b790cc42", "id": 9}, {"size": 1, "snippet": "Any consensual or negotiated surrender, cancellation, or termination of the Lease, in whole or in part, agreed upon between Lessor and Lessee, unless effected unilaterally by Lessee pursuant to the express terms of the Lease.", "snippet_links": [{"key": "termination-of-the-lease", "type": "clause", "offset": [57, 81]}, {"key": "lessor-and-lessee", "type": "clause", "offset": [124, 141]}, {"key": "by-lessee", "type": "clause", "offset": [172, 181]}, {"key": "pursuant-to-the", "type": "definition", "offset": [182, 197]}, {"key": "terms-of-the-lease", "type": "clause", "offset": [206, 224]}], "samples": [{"hash": "gut4cxUACkb", "uri": "/contracts/gut4cxUACkb#surrender-etc", "label": "Lease Agreement (Advanced Fibre Communications Inc)", "score": 18.0, "published": true}], "hash": "c5e4b8fdbdfb148765d15bb465625af9", "id": 10}], "next_curs": "ClYSUGoVc35sYXdpbnNpZGVyY29udHJhY3RzcjILEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhZzdXJyZW5kZXItZXRjIzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"size": 94, "title": "Surrender, Etc", "parents": [["protection-of-successor-landlord", "Protection of Successor Landlord"], ["miscellaneous", "Miscellaneous"], ["broker", "Broker"], ["nondisturbance-recognition-and-attornment", "Nondisturbance Recognition and Attornment"], ["counterparts", "Counterparts"]], "children": [["compliance-with-law", "Compliance with Law"], ["", ""], ["accessibility-disclosures", "Accessibility Disclosures"], ["construction-allowance", "Construction Allowance"], ["staging-floor-termination-date", "Staging Floor Termination Date"]], "id": "surrender-etc", "related": [["maturity-surrender-etc", "Maturity; Surrender, Etc", "Maturity; <strong>Surrender, Etc</strong>"], ["surrender", "Surrender", "Surrender"], ["surrender-holding-over", "Surrender Holding Over", "Surrender Holding Over"], ["payment-for-securities-surrender-of-certificates", "Payment for Securities Surrender of Certificates", "Payment for Securities Surrender of Certificates"], ["surrender-of-certificates", "Surrender of Certificates", "Surrender of Certificates"]], "related_snippets": [], "updated": "2025-07-24T06:48:53+00:00", "also_ask": ["What are the strategic advantages or disadvantages of including a surrender clause for each party?", "Which essential terms must be included to ensure a valid and enforceable surrender?", "What are the most common risks or pitfalls that could render a surrender clause ineffective or void?", "How does this surrender clause compare to similar provisions in other jurisdictions or standard contracts?", "What factors do courts consider when determining the enforceability of a surrender clause in disputes?"], "drafting_tip": "Specify surrender procedures, list required documentation, and clarify timing to prevent disputes and ensure smooth transition of rights.", "explanation": "The 'Surrender, Etc' clause outlines the obligations of a tenant regarding the condition and return of leased premises at the end of a lease term. Typically, it requires the tenant to vacate the property, remove personal belongings, and restore the premises to a specified condition, often accounting for normal wear and tear. This clause ensures that the landlord receives the property back in an acceptable state, minimizing disputes and clarifying responsibilities for repairs or cleaning upon lease termination."}, "json": true, "cursor": ""}}