Common use of Surrender Obligations Clause in Contracts

Surrender Obligations. At the expiration or earlier termination of the Term, Lessee, at ▇▇▇▇▇▇’s sole expense, shall cause all Hazardous Substances at the Premises to be in compliance with Environmental Laws, which may include ongoing compliance with an environmental hazard management plan or similar requirements approved by the applicable Government agency, except that Lessee shall not be responsible for any Pre-Existing Hazardous Substances Condition or Unrelated Hazardous Substance Discharge. Lessee shall dispose of all Hazardous Substances required to be removed by Lessee under this Section 9.3 in accordance with all Environmental Laws. Lessee shall cause to be repaired any damage to the Premises caused by such removal. Prior to surrendering the Premises, Lessee shall clean up and/or remediate the Premises to the environmental condition it was in as of the Commencement Date, as established by the environmental studies and assessments conducted by Lessee prior to the Commencement Date (including the Phase 1 and/or Phase 2 environmental site assessments of the Premises conducted by ▇▇▇▇▇▇), as necessary for the unrestricted use of the Premises under Environmental Laws; provided, that, notwithstanding the foregoing, ▇▇▇▇▇▇’s clean up obligations under this Section 9.3 shall exclude the Improvements if Lessor shall have elected to accept the Improvements in their “as is, where is” condition as of the Scheduled Expiration Date pursuant to Section 7.2 of this Lease.

Appears in 2 contracts

Sources: Lease Agreement, Lease Agreement