Surrender of Original Premises. Effective as of the Surrender Date, Tenant hereby agrees to vacate the Original Premises and surrender and deliver exclusive possession of the Original Premises to Landlord on or before the Surrender Date in accordance with the provisions of the Lease and thereafter, Tenant shall have no further obligations with respect to the Original Premises, except with respect to the Survival Obligations. Tenant hereby agrees to endeavor to decommission (the “Decommissioning Process”) and surrender the Original Premises to Landlord as quickly as reasonably possible in the event Landlord has leased the Original Premises to a third-party tenant. In the event that Tenant fails to vacate the Original Premises and surrender and deliver exclusive possession of the Original Premises to Landlord on or before the Surrender Date in accordance with the provisions of the Lease, then (subject to the terms of this Section 2.3, below and Section 15.4 of the Lease) Tenant shall be deemed to be in holdover of the Original Premises from and after such date and shall be subject to the terms of Article 16 of the Lease. Subject to the terms of this Section 2.3, Tenant shall not be required to restore any improvements or alterations that are in the Original Premises as of the date hereof, and may surrender the Original Premises in satisfaction of its surrender obligations under the Lease vacant, broom clean and otherwise in substantially the same condition as of the date hereof. Notwithstanding the foregoing, if the Decommissioning Process has not been completed by the Surrender Date, then, subject to the terms of Section 5.3.4.4 of the Lease, during the period from the Surrender Date to the date Tenant completes the Decommissioning Process (which may not exceed an additional thirty (30) days), Tenant shall not be considered to be in holdover but shall be required to pay Base Rent and Tenant’s Share of Direct Expenses for the Original Premises at the rate applicable immediately prior to the Substitute Premises Commencement Date (prorated as applicable).
Surrender of Original Premises. (a) Within three (3) days after the Expansion Date, Tenant shall surrender possession of the Building Eight Premises in broom clean condition, with all of Tenant’s furniture, equipment, personal property and other contents removed, and otherwise in the condition required by the Building Eight Lease. Tenant is solely responsible for moving the furniture currently located in the Building Eight Premises to the Building Seven Premises.
Surrender of Original Premises. Tenant hereby agrees to vacate the Original Premises and surrender and deliver exclusive possession of the Original Premises to Landlord on or before the New Premises Commencement Date in accordance with the provisions of the Lease and thereafter, Tenant shall have no further obligations with respect to the Original Premises except that Tenant shall remain liable with respect to the period of its tenancy with respect to the Original Premises prior to the New Premises Commencement Date for the performance of all of its obligations under the Lease (including, without limitation, Tenant's payment of reconciliation of Tenant's Share of Building Direct Expenses with respect to the Original Premises). In the event that Tenant retains possession of the Original Premises or any part thereof after the New Premises Commencement Date and/or fails to surrender possession of the Original Premises to Landlord in accordance with terms of the Original Lease, as hereby amended, then the terms an conditions of the Lease, including without limitation, Article 16 of the Lease, shall apply. 4.
Surrender of Original Premises. Tenant hereby agrees to surrender the Original Premises (as shown outlined on EXHIBIT A attached to the Lease) to Landlord on April 30, 2005 at 11:59 PM (the "Original Premises Surrender Date") in accordance with the terms of the Lease including, but not limited to, Section 2.03. The Original Premises Surrender Date is anticipated to be April 30, 2005. However, if Landlord does not deliver the Relocated Space to Tenant on or before April 30, 2005 then the Original Space Surrender Date shall be extended by one day for each day that the completion of the Relocated Space and delivery of possession of the Relocated Space by Landlord is delayed. Provided Tenant (i) surrenders the Original Premises as provided herein and (ii) commences payment of rent for the Relocated Space, Tenant's obligations under the Lease with respect to the Original Premises shall be terminated on the Original Premises Surrender Date, and Landlord and Tenant shall each be released from further liability for the Original Premises thereafter; provided, however, that such termination shall not affect any right or obligation arising prior to or surviving termination including, but not limited to, Tenant's obligation to pay Minimum Annual Rent and Tenant's Proportionate Share of Additional Rent and the reconciliation thereof. In the event, however, Tenant (I) fails to deliver the Original Premises to Landlord in accordance with this paragraph or (ii) fails to commence payment of rent for the Relocated Space, Tenant shall pay rent for the Original Premises in accordance with Section 2.04 of the Lease until Tenant satisfies the foregoing requirements.
Surrender of Original Premises. Tenant shall surrender the Original Premises to Landlord within ten (10) business days after the date on which the Tenant Improvements in the Substitute Premises have been Substantially Completed. The Original Premises shall be surrendered by Tenant in the condition required by Paragraph 20.a.
Surrender of Original Premises. On June 30, 2011 (the “Surrender Date”), Tenant shall forever surrender and relinquish to Landlord any and all of its interests, including rights of possession, in the Original Premises. On or before the Surrender Date, Tenant shall vacate the Original Premises, and shall deliver same to Landlord in broom-clean condition in the manner and condition required under the Lease at the end of the term thereof. Tenant shall also be responsible, at Tenant’s sole cost and expense for the removal of all cabling, telephone and internet wiring from and within the Original Premises. As of the Surrender Date and after Tenant vacates the Original Premises in accordance with the terms and conditions of the Lease and this Amendment, Landlord and Tenant shall be deemed to have forever mutually released the other, their successors and/or assigns, from and against any claims, obligations and liabilities of whatever kind or nature whatsoever, thereafter arising out of or in connection with the Original Premises, except for those items of Base Rent and Additional Rent that have accrued prior to the Surrender Date but have not been billed to Tenant as of the Surrender Date.
Surrender of Original Premises. Thirty days after the Relocation Delivery Date, Xxxxxx’s possession of the Original Premises shall terminate, and Tenant shall surrender to Landlord the Original Premises in accordance with the terms of the Lease, including without limitation Section 26.1, and Tenant shall surrender to Landlord all keys in Tenant’s possession to the Original Premises. Thereafter, each of the parties shall be relieved of their respective obligations under the Lease with respect to the Original Premises, except for those respective obligations and indemnifications which arose in connection with the Original Premises prior to the Relocation Delivery Date.
Surrender of Original Premises. Effective as of the Surrender Date, Tenant shall surrender to Landlord all of Tenant's right, title and interest in and to the Original Premises, and thereafter all of Tenant's estate under the Lease in and to the Original Premises shall be terminated and extinguished as of the Surrender Date. Tenant shall surrender the Original Premises in the condition Tenant is required to surrender the "Demised Premises" under the Lease as of the expiration of the term thereof. Landlord, upon Tenant complying with its undertakings set forth herein, shall accept, as of the Surrender Date, such surrender of all of Tenant's right, title and interest under the Lease in and to the Original Premises, provided, that the Lease shall remain in full force and effect in accordance with its terms (as amended hereby) with respect to all of the New Premises. Upon compliance by Tenant, the parties declare and agree that as of the Surrender Date the Original Premises shall be released and discharged from the operation of the Lease, provided that Minimum Rent and Additional Rent are paid or will be paid as required by the Lease (as amended hereby), subject to the provisions of the Lease which expressly survive termination thereof.
Surrender of Original Premises. Tenant hereby agrees to surrender the Original Premises to Landlord on or before the Relocation Date in accordance with the terms of Section 2.03 of the Lease. Provided Tenant surrenders the Original Premises as provided herein, Tenant’s obligation to pay rent for the Original Premises shall terminate on the Relocation Date; provided that Tenant shall continue to be liable for rent obligations accruing prior to the Relocation Date. In the event, however, that Tenant fails to deliver the Original Premises to Landlord in accordance with this paragraph before the Relocation Date, in addition to any other rights and remedies that Landlord has under the Lease, Tenant shall pay rent for the Original Premises in accordance with Section 2.04 of the Lease until Tenant delivers the Original Premises to Landlord in accordance with this paragraph.
Surrender of Original Premises. Tenant acknowledges and agrees that, within five (5) business days after the New Premises Commencement Date (as hereinafter defined), Tenant shall vacate and surrender the Original Premises, vacant, broom clean and free of debris and shall repair any damage to the Original Premises resulting from the removal of Tenant’s fixtures, furniture, equipment and other personal property. Pursuant to and without limiting Landlord’s rights under Section 14 of the Lease, if Tenant fails to timely vacate and surrender to Landlord any portion of the Original Premises as required herein, then Tenant shall be obligated to pay to Landlord, the Holdover Rate specified in Section 14 of the Lease and also pay all damages sustained by Landlord by reason of such failure to vacate and surrender the Original Premises as provided in Section 14 of the Lease. Notwithstanding any provision of the Lease to the contrary, in no event shall any failure of Tenant to vacate the Original Premises (or any portion thereof) or the acceptance by Landlord of the Holdover Rate be deemed to be a consent to such occupancy or be deemed to create a tenancy-at-will or any other tenancy, unless Landlord elects otherwise pursuant to Section 14 of the Lease.
