Surrender of Licensed Premises Sample Clauses

Surrender of Licensed Premises. Upon expiration or earlier termination of this Agreement, Cytokinetics shall surrender the Licensed Premises to Portola in its then, as-is condition (damage by Cytokinetics excepted), and Cytokinetics shall, at its sole cost and expense, remove or cause to be removed all of Cytokinetics' equipment and other installations from the Licensed Premises and repair any damage to the Master Premises caused by such removal. Upon the termination of this Agreement, Cytokinetics shall have no further right to use the Licensed Premises. Upon request by Portola, Cytokinetics shall execute, acknowledge and deliver to Portola an instrument in writing sufficient in Portola's judgment to evidence the expiration or termination of this Agreement and to disclaim any further right of Cytokinetics under this Agreement.
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Surrender of Licensed Premises. Upon the termination of this License, Licensee shall surrender each affected Licensed Premises to Meijer in a broom-clean condition. Licensee shall promptly repair, at its sole cost and to Meijer's reasonable satisfaction, all damage done to such Licensed Premises during the course of Licensee's possession thereof, other than damage resulting from normal wear and tear. If this License shall have been terminated by Meijer, Meijer may at any time thereafter resume possession of any affected Licensed Premises by any lawful means and remove Licensee or other occupants and their effects. Upon the termination of this License, Licensee shall have no right, title, or interest in or to any affected Licensed Premises; rather, any affected Licensed Premises, including all modifications or improvements thereof, shall be the sole property of Meijer, without charge, free and clear of any interest whatsoever of Licensee. On or before the last day of the term, Licensee shall remove all trade fixtures, machinery, equipment, and other items and/or improvements as directed by Meijer from each Licensed Premises and promptly repair any damage occasioned by any such removal. Property not so removed may be removed by Meijer, its authorized agents, or independent contractors, and Licensee shall promptly pay all costs of such removal upon receipt of notice thereof. Upon removal of such property by Meijer, its authorized agents or independent contractors, Licensee shall be deemed to have abandoned said property, and title thereto shall immediately vest in Meijer. If any affected Licensed Premises is not surrendered at such time, the Licensee shall indemnify Meijer against loss or liability resulting from delay by Licensee in so surrendering such Licensed Premises including, without limitation, any claims made by any succeeding licensee founded on such delay. Licensee shall surrender all keys for any affected Licensed Premises to Meijer at the place then fixed for payment of license fees. Licensee's obligation to observe or perform the provisions of this Section 9.5 (Surrender of Licensed Premises) shall survive the termination of this License. If Licensee retains possession of the Licensed Premises or any part thereof after the termination of the term by lapse of time or otherwise, such holding over shall not operate to extend the term or renew this License, except PCA International Master License (138, 139, 146, 176, 183, 204, 206) that at the election of Meijer, such holding over...
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Surrender of Licensed Premises. Licensee shall surrender the Premises at the expiration or earlier termination of this License, or any extension thereof, or of any other holdover tenancy, in as good a condition as when the Premises were delivered to Licensee, normal wear and tear excepted.
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Surrender of Licensed Premises. When this License terminates with respect to any Licensed Premises Licensee will, at its own expense, except as otherwise expressly provided herein: (a) remove all of Licensee’s furniture, equipment and other personal property from the Licensed Premises and fully repair all damages caused by such removal; and (b) surrender the Licensed Premises to Licensor on the Termination Date broom clean and in as good order and condition as on the Effective Date, subject to ordinary wear and tear and casualty damage and condemnation, and in full compliance with all Applicable Laws pertaining to Licensee’s use of the Licensed Premises.
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Surrender of Licensed Premises. Upon expiration of the Term or the earlier termination of this Agreement, Licensee shall immediately vacate and surrender the Licensed Premises to Licensor, in substantially the same condition in which they existed at the commencement of the Term, excepting only ordinary wear and tear and excepting any improvements and alterations constructed or made by or on behalf of Licensee with Licensor’s consent that are not removed by Licensee pursuant to the terms of the Agreement. Further, upon the expiration of the Term and provided no License Fees are due pursuant to this Agreement, Licensee may, subject to Licensor’s prior consent, remove any equipment paid for by Licensee in the Licensed Premises provided it shall repair any damage caused by such removal and all wiring shall be capped to a safe condition.
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Surrender of Licensed Premises. Upon the expiration of the Initial Term of the PPA and License Agreement, or any Renewal Term or Terms of the PPA and License Agreement, Licensee/Seller shall remove any buildings, equipment, and personal property constructed and installed by Licensee/Seller for the System from the Licensed Premises.
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Surrender of Licensed Premises. Upon the expiration or earlier termination pursuant to Article 17 of this License, Licensee shall immediately vacate and surrender the Licensed Premises to Licensor. Licensee shall also remove all of Licensee’s property from the Licensed Premises and restore the Licensed Premises to the condition the Licensed Premises were in at the commencement of this License, reasonable wear and tear excepted, and subject further to any obligation Licensee may have hereunder to make repairs or improvements to the Licensed Premises. Upon agreement of the parties, Licensee may abandon all or part of its property and/or agricultural improvements it has made in place. If any of Licensee’s personal property remains on the Licensed Premises after the expiration or earlier termination of this License without a written agreement between the parties, said property shall be deemed abandoned and may be retained by Licensor without any compensation to Licensee, or said property may be removed and either stored or disposed of by Licensor at the sole cost and expense of Licensee.
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Related to Surrender of Licensed Premises

  • Surrender of License On the Effective Date of this Agreement, Respondent agrees to the surrender of Respondent’s mortgage loan originator license or any MLO Activity Endorsement issued by each State Mortgage Regulator in the corresponding Participating State. This surrender will go into effect on or after the effective date of this agreement as processed and reflected through the NMLS. Respondent further agrees that Respondent will not apply for a new mortgage loan originator license or, as applicable, petition for the reinstatement of any MLO Activity Endorsement in any of the Participating States for a period of three months from the Effective Date of this Agreement. Should the Respondent apply for such a license or petition for the reinstatement of an MLO Activity Endorsement during that three-month period, that license application or MLO Activity Endorsement petition, as consented to by the Respondent herein, shall be deemed denied.

  • Surrender of Leased Premises Upon any termination of this Lease, whether by lapse of time, cancellation pursuant to an election provided for herein, forfeiture, or otherwise, Tenant shall immediately surrender possession of the Leased Premises and all buildings and improvements on the same to Landlord in good and tenantable repair, reasonable wear and damage from fire or other casualty or peril excepted, and shall surrender all keys for the Leased Premises to Landlord at the place then fixed for the payment of rent and shall inform Landlord of all combinations of locks, safes and vaults, if any, in the Leased Premises. At any time during the ten (10) days before the termination date of this Lease, Tenant, if not in default hereunder at such time, shall have the right to remove, and at the end of the term, if directed to do so by Landlord, shall remove from the Leased Premises all furniture, furnishings, signs, and equipment then installed or in place in, on or about the Leased Premises; provided, however, Tenant shall, and it covenants and agrees to, make all repairs to the Leased Premises required because of such removal. If any of such property shall remain on the Leased Premises after the end of the term hereof, such property shall be and become the property of Landlord without any claim therein of Tenant. Landlord may direct Tenant to remove such property, in which case Tenant Upon termination of this Lease, Tenant shall peaceably surrender the Leased Premises, including all fixtures and tenant improvements, in a neat and broom clean condition, and Tenant shall repair any holes or openings made by Tenant in the walls, roof or floor of the building, remove any protuberance and perform any maintenance or repairs required of Tenant by this Lease. If directed to do so by Landlord, Tenant shall also remove any improvements, additions or alterations made to the Leased Premises by Tenant even though such improvements by the terms of this Lease become a part of the Leased Premises.

  • Surrender of Premises No act or thing done by Landlord or any agent or employee of Landlord during the Lease Term shall be deemed to constitute an acceptance by Landlord of a surrender of the Premises unless such intent is specifically acknowledged in writing by Landlord. The delivery of keys to the Premises to Landlord or any agent or employee of Landlord shall not constitute a surrender of the Premises or effect a termination of this Lease, whether or not the keys are thereafter retained by Landlord, and notwithstanding such delivery Tenant shall be entitled to the return of such keys at any reasonable time upon request until this Lease shall have been properly terminated. The voluntary or other surrender of this Lease by Tenant, whether accepted by Landlord or not, or a mutual termination hereof, shall not work a merger, and at the option of Landlord shall operate as an assignment to Landlord of all subleases or subtenancies affecting the Premises or terminate any or all such sublessees or subtenancies.

  • Surrender of the Premises Upon the expiration or sooner termination of this Lease, Tenant shall vacate and surrender the Premises to Landlord in the same condition as existed at the Commencement Date, except for (i) reasonable wear and tear, (ii) damage caused by any peril or condemnation, and (iii) contamination by Hazardous Materials for which Tenant is not responsible pursuant to Section 7.2A or Section 7.2B. In this regard, normal wear and tear shall be construed to mean wear and tear caused to the Premises by the natural aging process which occurs in spite of prudent application of the best standards for maintenance, repair and janitorial practices, and does not include items of neglected or deferred maintenance. In any event, Tenant shall cause the following to be done prior to the expiration or the sooner termination of this Lease: (i) all interior walls shall be painted or cleaned so that they appear freshly painted; (ii) all tiled floors shall be cleaned and waxed; (iii) all carpets shall be cleaned and shampooed; (iv) all broken, marred, stained or nonconforming acoustical ceiling tiles shall be replaced; (v) all interior and exterior windows shall be washed; (vi) the HVAC system shall be serviced by a reputable and licensed service firm and left in good operating condition and repair as so certified by such firm; and (vii) the plumbing and electrical systems and lighting shall be placed in good order and repair (including replacement of any burned out, discolored or broken light bulbs, ballasts, or lenses). If Landlord so requests, Tenant shall, prior to the expiration or sooner termination of this Lease, (i) remove any Tenant’s Alterations which Tenant is required to remove pursuant to Section 5.2 and repair all damage caused by such removal. If the Premises are not so surrendered at the termination of this Lease, Tenant shall continue to be responsible for the payment of Rent until the Premises are so surrendered in accordance with said provisions and Tenant shall be liable to Landlord for all costs incurred by Landlord in returning the Premises to the required condition, plus interest on all costs incurred at the Agreed Interest Rate. Tenant shall indemnify Landlord against loss or liability resulting from delay by Tenant in so surrendering the Premises, including, without limitation, any claims made by any succeeding tenant or losses to Landlord due to lost opportunities to lease to succeeding tenants and losses and damages suffered by Landlord due to lost opportunities to lease any portion of the Premises to any such succeeding tenant or prospective tenant, together with, in each case, actual attorneys’ fees and costs.

  • SURRENDER OF LEASE The voluntary or other surrender of this Lease by Lessee, or a mutual cancellation thereof, shall not work a merger, and shall, at the option of Lessor, terminate all or any existing subleases or sub tenancies, or may, at the option of Lessor, operate as an assignment to him of any or all such subleases or sub tenancies.

  • Use of Demised Premises 4.01. Tenant shall use and occupy the Demised Premises for the Permitted Uses, and Tenant shall not use or permit or suffer the use of the Demised Premises or any part thereof for any other purpose.

  • Subleased Premises Sublandlord hereby subleases to Subtenant and Subtenant hereby subleases from Sublandlord for the term, at the rental, and upon all of the conditions set forth herein, the Subleased Premises.

  • USE OF LEASED PREMISES The Lessor is leasing the Premises to the Lessee and the Lessee is hereby agreeing to lease the Premises for the following use and purpose: . Any change in use or purpose the Premises other than as described above shall be upon prior written consent of Lessor only.

  • DEMISE OF LEASED PREMISES Landlord hereby leases to Tenant and Tenant hereby leases from Landlord for Tenant’s own use in the conduct of Tenant’s business and not for purposes of speculating in real estate, for the Lease Term and upon the terms and subject to the conditions of this Lease, that certain interior space described in Article 1 as the Leased Premises, reserving and excepting to Landlord the right to fifty percent (50%) of all assignment consideration and excess rentals as provided in Article 7 below. Tenant’s lease of the Leased Premises, together with the appurtenant right to use the Outside Areas as described in Paragraph 2.2 below, shall be conditioned upon and be subject to the continuing compliance by Tenant with (i) all the terms and conditions of this Lease, (ii) all Laws and Restrictions governing the use or occupancy of the Leased Premises and the Property, (iii) all easements and other matters now of public record respecting the use of the Leased Premises and Property, and (iv) all reasonable rules and regulations from time to time established by Landlord.

  • Access to Leased Premises Landlord may enter the Leased Premises after business hours, upon twenty-four (24) hour notice to Tenant (and at any time and without notice in case of emergency), for the purposes of (a) inspect the Leased Premises, (b) exhibiting the Leased Premises to prospective purchasers, lenders or, within one hundred eighty (180) days of the end of the Term, prospective, (c) determining whether Tenant is complying with all of its obligations hereunder, (d) supplying janitorial service and any other services to be provided by Landlord to Tenant hereunder, (e) post notices of non-responsibility, and (f) make repairs required of Landlord under the terms hereof or repairs to any adjoining space or utility services or make repairs, alterations or improvements to any other portion of the Building. For such purposes, Landlord shall at all times have and retain a key with which to unlock all of the doors in, on or about the Leased Premises (excluding Tenant’s vaults, safes, storage facilities for sensitive materials, confidential patient files and similar areas designated in writing by Tenant in advance); and Landlord shall have the right to use any and all means which Landlord may deem proper to open said doors in any emergency in order to obtain entry to the Leased Premises. If, as a result of any such inspection or for any reason, Landlord reasonably determines that Tenant has failed to meet its obligations under Section 5.2 hereof, Landlord shall so notify Tenant and Tenant shall immediately commence to cure any such failure. In the event Tenant refuses or neglects to commence and complete such cure within a reasonable time, Landlord may make or cause to be made such repairs. In such event, Landlord’s cost to make such repairs shall constitute an Advance.

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