Common use of Surrender of Possession Clause in Contracts

Surrender of Possession. Upon the expiration of the Term or upon the termination of Tenant’s right of possession, whether by lapse of time or at the option of Landlord as herein provided, Tenant shall forthwith surrender the Premises to Landlord in good order, repair and condition, ordinary wear excepted, and shall, if Landlord so requires, restore the Premises to the condition existing at the beginning of the Term, ordinary wear and tear excepted. Any interest of Tenant in the alterations, improvements (including all floor coverings) and additions to the Premises made or paid for by Landlord or Tenant shall, without compensation to Tenant, become Landlord’s property at the termination of this lease by lapse of time or otherwise and such alterations, improvements and additions shall be relinquished to Landlord in good condition, ordinary wear excepted. Upon or prior to the earlier of the Expiration Date or the date upon which Tenant’s right to possession of the Premises may be terminated, Tenant shall remove its office furniture, trade fixtures, office equipment and all other items of Tenant’s property on the Premises. Tenant shall pay to Landlord upon demand the cost of repairing any damage to the Premises and to the Building caused by any such removal. If Tenant shall fail or refuse to remove any such property from the Premises, Tenant shall be conclusively presumed to have abandoned the same, and title thereto shall thereupon pass to Landlord without any cost either by set-off, credit, allowance or otherwise, and Landlord may at its option accept the title to such property or at Tenant’s expense may (i) remove the same or any part in any manner that Landlord shall choose, repairing any damage to the Premises caused by such removal, and (ii) store, destroy or otherwise dispose of the same without incurring liability to Tenant or any other person.

Appears in 2 contracts

Samples: Lease Agreement (Opnext Inc), Lease Agreement (Opnext Inc)

AutoNDA by SimpleDocs

Surrender of Possession. Upon the expiration of the Term or upon the termination of Tenant’s 's right of possession, whether by lapse of time or at the option of Landlord as herein provided, . Tenant shall forthwith surrender the Premises to Landlord in good order, repair and condition, ordinary wear excepted, and shall, if Landlord so requires, restore the Premises to the condition existing at the beginning of the Term, ordinary wear and tear excepted. Any interest of Tenant in the alterations, improvements (including all floor coverings) improvements, and additions to the Premises (including without limitation all carpeting or floorcovering) made or paid for by Landlord or Tenant shall, shall without compensation to Tenant, Tenant become Landlord’s 's property at the termination of this lease Lease by lapse of time or otherwise and such alterations, improvements and additions shall be relinquished to Landlord in good condition, ordinary wear excepted. Upon or prior to At the earlier termination of the Expiration Date Term or of Tenant's right of possession Tenant agrees to remove the date upon which following items of Tenant’s right to possession of the Premises may be terminated, Tenant shall remove its 's property: office furniture, trade fixtures, office equipment and all other items of Tenant’s 's property on the Premises. Tenant shall pay to Landlord upon demand the cost of repairing any damage to the Premises and to the Building caused by any such removal. If Tenant shall fail or refuse to remove any such property from the Premises, Tenant shall be conclusively presumed to have abandoned the same, and title thereto shall thereupon pass to Landlord without any cost either by set-off, credit, allowance or otherwise, and Landlord may at its option accept the title to such property or at Tenant’s 's expense may (i) remove the same or any part in any manner that Landlord shall choose, repairing any damage to the Premises caused by such removal, and (ii) store, destroy or otherwise dispose of the same without incurring liability to Tenant or any other person. 18.

Appears in 2 contracts

Samples: Lease Amendment Agreement (SPR Inc), Lease Amendment Agreement (SPR Inc)

Surrender of Possession. Upon the expiration of the Term or upon the termination of Tenant’s 's right of possession, whether by lapse of time or at the option of Landlord as herein provided, Tenant shall forthwith at once surrender the Premises to Landlord in good order, repair and condition, ordinary wear excepted, and shallremove all of its property therefrom, and if such possession is not immediately surrendered Landlord so requires, restore may forthwith re-enter the Premises and repossess itself thereof and remove all persons and effects therefrom, using such force as may be necessary, without being deemed guilty of any manner of trespass, eviction or forcible entry or detainer and without thereby relinquishing any right given to Landlord hereunder or by the condition existing at operation of law. Without limiting the beginning generality of the Termforegoing, ordinary wear and tear excepted. Any interest of Tenant in the alterations, improvements (including all floor coverings) and additions agrees to the Premises made or paid for by Landlord or Tenant shall, without compensation to Tenant, become Landlord’s property remove at the termination of this lease by lapse the Term or of time or otherwise and such alterations, improvements and additions shall be relinquished to Landlord in good condition, ordinary wear excepted. Upon or prior to its right of possession the earlier following items of the Expiration Date or the date upon which Tenant’s right to possession of the Premises may be terminated, Tenant shall remove its property: office furniture, trade fixtures, office equipment equipment, merchandise and all other items of Tenant’s 's property on the Premises. , and such (but only such) alterations, improvements, additions and wiring or cabling as may be requested by Landlord, and Tenant shall pay to Landlord upon demand the cost of repairing any damage to the Premises and to the Building caused by any such removal. If Tenant shall fail or refuse to remove any such property from the Premises, Tenant shall be conclusively presumed to have abandoned the same, and title thereto thereof shall thereupon pass to Landlord without any cost either by set-off, credit, allowance or otherwise, and Landlord may at its option accept the title to such property or at Tenant’s 's expense may (i) remove the same or any part in any manner that Landlord shall choose, repairing any damage to the Premises caused by such removal, and (ii) store, destroy or otherwise dispose of the same without incurring liability to Tenant or any other person.

Appears in 1 contract

Samples: Asset Acceptance Capital Corp

Surrender of Possession. Upon the expiration of the Term or upon the termination of Tenant’s 's right of possession, whether by lapse of time or at the option of Landlord as herein provided, Tenant shall forthwith surrender the Premises to Landlord in good order, repair and condition, ordinary wear excepted, and shall, if Landlord so requires, restore the Premises to the condition existing at the beginning of the Term, ordinary wear and tear excepted. Any interest of Tenant in the alterations, improvements (including all floor coverings) improvements, and additions to the Premises (including without limitation all carpeting or floor covering) made or paid for by Landlord or Tenant shall, shall without compensation to Tenant, Tenant become Landlord’s 's property at the termination of this lease Lease by lapse of time or otherwise and such alterations, improvements and additions shall be relinquished to Landlord in good condition, ordinary wear excepted. Upon or prior to At the earlier termination of the Expiration Date Term or of Tenant's right of possession Tenant agrees to remove the date upon which following items of Tenant’s right to possession of the Premises may be terminated, Tenant shall remove its 's property; office furniture, trade fixtures, office equipment and all other items of Tenant’s 's property on the Premises. Tenant shall pay to Landlord upon demand the cost of repairing any damage to the Premises and to the Building caused by any such removal. If Tenant shall fail or refuse to remove any such property from the Premises, Premises Tenant shall be conclusively presumed to have abandoned the same, and title thereto shall thereupon pass to Landlord without any cost either by set-off, credit, allowance or otherwise, and Landlord may at its option accept the title to such property or upon ten days notice, at Tenant’s 's expense may (i) remove the same or any part in any manner that Landlord shall choose, repairing any damage to the Premises caused by such removal, and (ii) store, destroy or otherwise dispose of the same without incurring liability to Tenant or any other person.

Appears in 1 contract

Samples: Lease (United Financial Mortgage Corp)

Surrender of Possession. Upon the expiration of the Term term or upon the termination of Tenant’s Lessee's right of possession, whether by lapse of time or at the option of Landlord Lessor as herein provided, Tenant shall Lessee shall, at Lessee's sole cost and expense, forthwith surrender the Premises premises to Landlord Lessor in good order, repair and condition, ordinary wear excepted, and shallshall at Lessee's sole cost and expense, if Landlord Lessor so requires, restore the Premises premises to the condition existing at the beginning of the Term, ordinary wear and tear exceptedterm. Any interest of Tenant Lessee in the alterations, improvements (including all floor coverings) improvements, and additions to the Premises premises made or paid for by Landlord Lessor or Tenant Lessee shall, without compensation to TenantLessee, become Landlord’s Lessor's property at the termination of this lease Lease by lapse of time or otherwise otherwise, and such alterations, improvements improvements, and additions (including floor coverings) shall be relinquished to Landlord Lessor in good condition, ordinary wear excepted. Upon or prior Prior to the earlier termination of the Expiration Date or the date upon which Tenant’s term of Lessee's right to possession of the Premises may be terminatedpossession, Tenant Lessee shall remove its office furniture, trade fixtures, office equipment equipment, and all other items of Tenant’s Lessee's property on the Premisespremises. Tenant Lessee shall pay to Landlord Lessor, upon demand demand, the cost of repairing any damage to the Premises premises and to the Building caused by any such removal. If Tenant Lessee shall fail or refuse to remove any such property from the Premisespremises, Tenant Lessee shall be conclusively presumed to have abandoned the same, and title thereto shall thereupon pass to Landlord Lessor without any cost either by set-off, credit, allowance allowance, or otherwise, and Landlord may Lessor may, at its option option, accept the title to such property or or, at Tenant’s expense Lessee's expense, may (ia) remove the same or any part in any manner that Landlord Lessor shall choose, repairing any damage to the Premises premises caused by such removal, and (iib) store, destroy destroy, or otherwise dispose of the same without incurring liability to Tenant Lessee or any other person.

Appears in 1 contract

Samples: Office Lease (Innovative Medtech, Inc.)

Surrender of Possession. Upon the expiration of the Term or upon the termination of Tenant’s 's right of possession, whether by lapse of time or at the option of Landlord as herein provided, Tenant shall forthwith surrender the Premises (other than those items of Tenant's Property and Tenant's Fixtures removed prior to the termination of the Lease) to Landlord in good order, repair and condition, ordinary wear excepted, and shall, if Landlord so requires, restore the Premises to the condition existing at the beginning of the Term, ordinary wear and tear excepted. Any interest of Tenant in the alterations, improvements (including all floor coverings) and additions to the Premises made or paid for by Landlord or Tenant (other than those items of Tenant's Property and Tenant's fixtures removed prior to the termination of the Lease) shall, without compensation to Tenant, become Landlord’s 's property at the termination of this lease Lease by lapse of time or otherwise and such alterations, improvements and additions shall be relinquished to Landlord in good condition, ordinary wear excepted. Upon On or prior to before the earlier termination of the Expiration Date Term or the date upon which of Tenant’s 's right to of possession of the Premises may be terminated, Tenant shall remove its office furniture, trade fixtures, office equipment and all other items of Tenant’s 's movable property on the Premises. Tenant shall pay to Landlord upon demand the cost of repairing repair and restore any damage to the Premises and to the Building caused by any such removalthe removal of Tenant's Property or Tenant's Fixtures. If Tenant shall fail to repair or refuse to remove restore any such property from the Premisesdamage, Tenant shall be conclusively presumed to have abandoned the same, and title thereto shall thereupon pass pay to Landlord without any upon demand the cost either by set-off, credit, allowance of such repair or otherwise, and Landlord may at its option accept the title to such property or at Tenant’s expense may (i) remove the same or any part in any manner that Landlord shall choose, repairing any damage to the Premises caused by such removal, and (ii) store, destroy or otherwise dispose of the same without incurring liability to Tenant or any other personrestoration.

Appears in 1 contract

Samples: Lease (Brookdale Living Communities Inc)

Surrender of Possession. Upon the expiration of the Term or any extension thereof or upon the termination of Tenant’s 's right of possession, possession whether by lapse of time or at the option of Landlord as herein provided, Tenant shall forthwith surrender the Premises to Landlord in good order, repair and condition, ordinary wear excepted, and shall, if Landlord so requires, restore the Premises to the condition existing at the beginning of the Term, ordinary wear and tear excepted. Any interest of Tenant in the alterations, improvements (including all floor coverings) and additions to the Premises (including without limitation all carpeting and floor covering) made or paid for by Landlord or Tenant shall, shall without compensation to Tenant, Tenant become Landlord’s property 's property), at the termination of this lease Lease by lapse of time or otherwise otherwise, and such alterations, improvements and additions shall be relinquished to Landlord in good condition, ordinary wear excepted. Upon or prior to At the earlier termination of the Expiration Date Term or the date upon which of Tenant’s 's right to possession of the Premises may be terminatedpossession, Tenant shall agrees to remove its the following items of Tenant's property: office furniture, trade fixtures, office equipment and all other items of Tenant’s 's property on the Premises. Tenant shall pay to Landlord upon demand the cost of repairing any damage to the Premises and to the Building caused by any such removal. If Tenant shall fail or refuse to remove any such property from the Premises, Tenant shall be conclusively presumed to have abandoned the same, and title thereto shall thereupon pass to Landlord without any cost either (by set-off, credit, allowance or otherwise), and Landlord may at its option accept the title to such property or at Tenant’s 's expense may (ia) remove the same or any part thereof in any manner that Landlord shall may choose, repairing any damage to the Premises caused by such removal, and (iib) store, destroy or otherwise dispose of the same without incurring liability to Tenant or any other person.

Appears in 1 contract

Samples: Hanover Capital Holdings Inc

Surrender of Possession. Upon the expiration of the Term or upon the termination of Tenant’s 's right of possession, whether by lapse of time or at the option of Landlord as herein providedotherwise, Tenant shall forthwith surrender the Premises to Landlord in good order, repair and condition, ordinary wear excepted, and shall, if Landlord so requires, restore the Premises to the condition existing at the beginning of the Term, ordinary wear and tear excepted and improvements consented to by Landlord excepted. Any Unless hereafter agreed to by Landlord in writing, any interest of Tenant in the alterations, improvements (including all floor coverings) and additions to the Premises made or paid for by Landlord or Tenant shall, without compensation to Tenant, become Landlord’s 's property at the termination of this lease Lease by lapse of time or otherwise and such alterations, improvements and or additions shall be relinquished to Landlord in good condition, ordinary wear excepted. Upon or prior to the earlier termination of the Expiration Date Term or the date upon which of Tenant’s 's right to possession of the Premises may be terminatedpossession, Tenant shall remove its office furniture, trade fixtures, office equipment and all other items of Tenant’s 's property on the Premises. Tenant shall pay to Landlord upon demand the cost of repairing any damage to the Premises and to the Building caused by any such removal. If Tenant shall fail or refuse to remove any such property from the Premises, Tenant shall be conclusively presumed to have abandoned the same, and title thereto shall thereupon pass to Landlord without any cost either by set-off, credit, allowance or otherwise, and Landlord may at its option accept the title to such property or at Tenant’s 's expense may (i) remove the same or any part thereof in any manner that Landlord shall choose, repairing (ii) repair any damage to the Premises caused by such removal, and (iiiii) store, destroy or otherwise dispose of the same without incurring liability to Tenant or any other person.

Appears in 1 contract

Samples: Lease (Conning Corp)

Surrender of Possession. Upon In addition to, and not in limitation of, Tenant’s obligations pursuant to Section 28 of this Lease, upon the expiration of the Term or upon the termination of Tenant’s 's right of possession, whether by lapse of time or at the option of Landlord as herein provided, Tenant shall forthwith surrender the Premises to Landlord in good order, repair and condition, ordinary wear excepted, and shall, if Landlord so requires, restore the Premises to the condition existing at the beginning of the Term, ordinary wear demolish and tear excepted. Any interest of remove improvements made by Tenant in the Premises following the completion of the Tenant Work (as defined below). Any alterations, improvements (including all floor coverings) and additions (excluding personal property and trade fixtures) to the Premises made or paid for by Landlord or Tenant shall, without compensation to Tenant, become Landlord’s 's property at the termination of this lease by lapse of time or otherwise and such alterations, improvements and additions shall be relinquished to Landlord in good condition, ordinary wear exceptedLease. Upon or prior to the earlier termination of the Expiration Date or the date upon which Tenant’s 's right to possession of the Premises may be terminatedpossession, Tenant shall agrees to remove its office furniture, trade fixtures, office equipment and all other items of Tenant’s 's property on the Premises. Tenant shall repair any damage to the Premises and to the Property caused by any such removal, or in the event Tenant does not repair, Tenant shall pay to Landlord upon demand the cost of repairing repair for any damage to the Premises and to the Building Property caused by any such removal. If Tenant shall fail or refuse to remove any such improvements or property from the Premises, Tenant shall be conclusively presumed to have abandoned the same, and title thereto shall thereupon pass to Landlord without any cost either by set-off, credit, allowance or otherwise, and Landlord may at its option accept the title to such property or at Tenant’s 's expense may (iA) remove the same or any part in any manner that Landlord shall choose, repairing any damage to the Premises caused by such removal, and (iiB) store, destroy or otherwise dispose of the same without incurring liability to Tenant liability. Tenant’s obligations under this Section 15 shall survive the expiration or any other personearlier termination of this Lease.

Appears in 1 contract

Samples: Lease (Quantum-Si Inc)

Surrender of Possession. Upon Tenant agrees to deliver up and surrender to Landlord possession of the Premises, including all fixtures, plumbing, wiring, sewer connections, lighting fixtures, glass, walls, ceilings, floors, Equipment, HVAC system, and appurtenances at the expiration of the Term or upon the termination of Tenant’s right of possessionthis Lease or any extension thereof, whether by lapse of time or at the option of Landlord otherwise, in as herein providedgood order and condition as when possession was taken by Tenant, Tenant shall forthwith surrender the Premises to Landlord in good order, repair and condition, ordinary wear excepted, and shall, if Landlord so requires, restore the Premises to the condition existing at the beginning of the Term, excepting only ordinary wear and tear excepted. Any interest of Tenant in the alterations, improvements (including all floor coverings) and additions to the Premises made or paid for by Landlord or Tenant shall, without compensation to Tenant, become Landlord’s property at the termination of this lease by lapse of time or otherwise and such alterations, improvements and additions shall be relinquished to Landlord in good condition, ordinary wear excepted. Upon or prior to the earlier of the Expiration Date or the date upon which Tenant’s right to possession of the Premises may be terminated, Tenant shall remove its office furniture, trade fixtures, office equipment and all other items of Tenant’s property on the Premises. Tenant shall pay to Landlord upon demand the cost of repairing any damage to the Premises and to the Building caused by any such removaltear. If Tenant shall fail or refuse to remove any effects which it is entitled to remove from the Premises upon the termination of this Lease, or any extension hereof, for any cause whatsoever, Landlord, at its option, may remove the same and store or dispose of said effects, without liability for loss or damage thereto, and Tenant agrees to pay to Landlord on demand any and all expenses incurred in such property removal, including the cost of removal of signs from the windows, making the Premises including sidewalks, courts or alleyways adjacent thereto, if any, free from all dirt, litter, debris and obstruction, including court costs, attorney’s fees, storage and insurance charges on such effects for any length of time the same shall be in Landlord’s possession; or Landlord, at its option, without notice, may sell such effects, or any of them, at private or public sale and without legal process, for such price or consideration as Landlord may obtain, and apply the proceeds of such sale upon any amounts due under this Lease from Tenant to Landlord, and upon the expense incidental to the removing, cleaning the Premises, selling said effects and other expense, rendering the surplus, if any, to Tenant; provided, however, in the event the proceeds of such sale or sales are insufficient to reimburse Landlord, Tenant shall be conclusively presumed to have abandoned the same, and title thereto shall thereupon pass to Landlord without any cost either by set-off, credit, allowance or otherwise, and Landlord may at its option accept the title to pay such property or at Tenant’s expense may (i) remove the same or any part in any manner that Landlord shall choose, repairing any damage to the Premises caused by such removal, and (ii) store, destroy or otherwise dispose of the same without incurring liability to Tenant or any other persondeficiency upon demand.

Appears in 1 contract

Samples: Business Lease

Surrender of Possession. Upon the expiration of the Term term or upon the termination of TenantLessee’s right of possession, whether by lapse of time or at the option of Landlord Lessor as herein provided, Tenant shall Lessee shall, at Lessee’s sole cost and expense, forthwith surrender the Premises premises to Landlord Lessor in good order, repair and condition, ordinary wear excepted, and shallshall at Lessee’s sole cost and expense, if Landlord Lessor so requires, restore the Premises premises to the condition existing at the beginning of the Term, ordinary wear and tear exceptedterm. Any interest of Tenant Lessee in the alterations, improvements (including all floor coverings) improvements, and additions to the Premises premises made or paid for by Landlord Lessor or Tenant Lessee shall, without compensation to TenantLessee, become LandlordLessor’s property at the termination of this lease Lease by lapse of time or otherwise otherwise, and such alterations, improvements improvements, and additions (including floor coverings) shall be relinquished to Landlord Lessor in good condition, ordinary wear excepted. Upon or prior Prior to the earlier termination of the Expiration Date or the date upon which Tenantterm of Lessee’s right to possession of the Premises may be terminatedpossession, Tenant Lessee shall remove its office furniture, trade fixtures, office equipment equipment, and all other items of TenantLessee’s property on the Premisespremises. Tenant Lessee shall pay to Landlord Lessor, upon demand demand, the cost of repairing any damage to the Premises premises and to the Building caused by any such removal. If Tenant Lessee shall fail or refuse to remove any such property from the Premisespremises, Tenant Lessee shall be conclusively presumed to have abandoned the same, and title thereto shall thereupon pass to Landlord Lessor without any cost either by set-off, credit, allowance allowance, or otherwise, and Landlord may Lessor may, at its option option, accept the title to such property or or, at TenantLessee’s expense expense, may (ia) remove the same or any part in any manner that Landlord Lessor shall choose, repairing any damage to the Premises premises caused by such removal, and (iib) store, destroy destroy, or otherwise dispose of the same without incurring liability to Tenant Lessee or any other person.

Appears in 1 contract

Samples: Office Lease (11 Good Energy Inc)

Surrender of Possession. Upon the expiration of the Term or upon the termination of Tenant’s 's right of possessionpossession to all or a portion of the Premises, whether by lapse of time or at the option of Landlord as herein provided, Tenant shall forthwith quietly and peaceably surrender the Premises or portion thereof to Landlord in good order, repair and condition, ordinary wear excepted, and shall, if Landlord so requires, restore the Premises to the condition existing at the beginning of the Term, ordinary wear and tear casualty excepted. Any interest of Tenant in the alterations, improvements (including all floor coverings) and additions to the Premises made or paid for by Landlord or Tenant shall, without compensation to Tenant, become become, at Landlord’s 's option, Landlord's property at the termination of this lease Lease by lapse of time or otherwise and if such option is exercised such alterations, improvements and additions shall be relinquished to Landlord in good condition, ordinary wear excepted. Upon or Within seven (7) days prior to the earlier termination of the Expiration Date Term or the date upon which of Tenant’s 's right to of possession of the Premises may be terminated, Tenant shall remove its office furniture, trade fixtures, office equipment and all other items of Tenant’s 's property on the Premises. Tenant shall pay to Landlord upon demand the reasonable cost of repairing any damage to the Premises and to the Building caused by any such removalremoval required hereunder. If Tenant shall fail or refuse to remove any such property from the Premises, Tenant shall be conclusively presumed to have abandoned the same, and title thereto shall thereupon pass to Landlord without any cost either by set-off, credit, allowance or otherwise, and Landlord may at its option accept the title to such property or or, at Tenant’s expense 's expense, may (i) remove the same or any part in any manner that Landlord shall choose, repairing any damage to the Premises caused by such removal, and (ii) store, destroy or otherwise dispose of the same without incurring liability to Tenant or any other person.

Appears in 1 contract

Samples: Office Lease (Oxigene Inc)

Surrender of Possession. Upon the expiration of the Term term or upon the termination of Tenant’s Lessee's right of possession, whether by lapse of time or at the option of Landlord Lessor as herein provided, Tenant shall Lessee shall, at Lessee's sole cost and expense, forthwith surrender the Premises premises to Landlord Lessor in good order, repair and condition, ordinary wear excepted, and shall, at Lessee's sole cost and expense, if Landlord Lessor so requires, restore the Premises premises to the condition existing at the beginning of the Term, ordinary wear and tear exceptedterm. Any interest of Tenant Lessee in the alterations, improvements (including all floor coverings) improvements, and additions to the Premises premises made or paid for by Landlord Lessor or Tenant Lessee shall, without compensation to TenantLessee, become Landlord’s Lessor's property at the termination of this lease Lease by lapse of time or otherwise otherwise, and such alterations, improvements improvements, and additions (including floor coverings) shall be relinquished to Landlord Lessor in good condition, ordinary wear excepted. Upon or prior Prior to the earlier termination of the Expiration Date or the date upon which Tenant’s term of Lessee's right to possession of the Premises may be terminatedpossession, Tenant Lessee shall remove its office furniture, trade fixtures, office equipment equipment, and all other items of Tenant’s Lessee's property on the Premisespremises. Tenant Lessee shall pay to Landlord Lessor, upon demand demand, the cost of repairing any damage to the Premises premises and to the Building caused by any such removal. If Tenant Lessee shall fail or refuse to remove any such property from the Premisespremises, Tenant Lessee shall be conclusively presumed to have abandoned the same, and title thereto shall thereupon pass to Landlord Lessor without any cost either by set-off, credit, allowance allowance, or otherwise, and Landlord may Lessor may, at its option option, accept the title to such property or or, at Tenant’s expense Lessee's expense, may (ia) remove the same or any part in any manner that Landlord Lessor shall choose, repairing any damage to the Premises premises caused by such removal, and (iib) store, destroy destroy, or otherwise dispose of the same without incurring liability to Tenant Lessee or any other person.

Appears in 1 contract

Samples: Lease Agreement (Kids Stuff Inc)

Surrender of Possession. Upon the expiration of the Term or upon the termination of Tenant’s 's right of possession, whether by lapse of time or at the option of Landlord as herein provided, Tenant shall forthwith surrender the Leased Premises to Landlord in good order, repair and condition, ordinary wear excepted, and shall, if Landlord so requires, restore the Premises . Prior to the condition existing at the beginning expiration or termination of the Term, ordinary wear and tear excepted. Any interest Term or of Tenant in the alterations, improvements (including all floor coverings) and additions to the Premises made or paid for by Landlord or Tenant shall, without compensation to Tenant, become Landlord’s property at the termination 's right of this lease by lapse of time or otherwise and such alterations, improvements and additions shall be relinquished to Landlord in good condition, ordinary wear excepted. Upon or prior to the earlier of the Expiration Date or the date upon which Tenant’s right to possession of the Premises may be terminatedLeased Premises, Tenant shall remove its office furniture, trade fixtures, office equipment equipment, telephone and computer systems (and all wiring related thereto) and all other items of Tenant’s 's property on (including, without limitation, any Alterations made or installed after the PremisesCommencement Date other than the Approved Alterations) from the Leased Premises and shall surrender the Leased Premises to Landlord in broom-clean condition. Extraordinary improvements include, but shall not be limited to, raised floors or safes. Tenant shall pay to Landlord upon demand the cost of repairing any damage to the Leased Premises and to the Building caused by any such removal. If Tenant shall fail or refuse to remove any such property from the Leased Premises, Tenant shall be conclusively presumed to have abandoned the same, and title thereto shall thereupon pass to Landlord without any cost either to Landlord, whether by set-set- off, credit, allowance or otherwise, and Landlord may at its option accept the title to such property or at Tenant’s 's expense may (i) remove the same or any part in any manner that Landlord shall choose, repairing any damage to the Leased Premises caused by such removal, and (ii) store, destroy or otherwise dispose of the same without incurring liability to Tenant or any other person. In the event Landlord incurs any storage or other costs by reason of Tenant's failure to remove any property which Tenant is obligated to remove under this Section, Tenant upon demand shall pay to Landlord the amount of costs so incurred.

Appears in 1 contract

Samples: Privatebancorp Inc

Surrender of Possession. Upon the expiration of the Term or upon the termination of Tenant’s right of possession, whether by lapse of time or at the option of Landlord as herein provided, Tenant shall forthwith immediately surrender the Premises to Landlord in good order, repair and condition, ordinary wear excepted, and shall, if Landlord so requires, restore the Premises to the condition existing at the beginning of the Term, ordinary wear and tear excepted. Any interest of Tenant in the All permanent alterations, improvements (including all floor coverings) and additions to the Premises made or paid for by Landlord or Tenant shall, shall without compensation to Tenant, Tenant become Landlord’s property at the termination of this lease Lease by lapse of time or otherwise and such alterations, improvements and additions shall be relinquished to Landlord in good condition, ordinary wear excepted, unless otherwise expressly provided in this Lease. Upon or prior to the earlier of the Expiration Date or the date upon which Tenant’s right to possession of the Premises may be terminated, Tenant shall remove all of its office property from the Premises. Tenant agrees to remove at the termination of the Term or of its right of possession the following items of property: furniture, trade fixtures, office equipment and all other items of Tenant’s property or temporary improvements on the Premises. , except for such property which pursuant to the terms of this Lease, are Landlord’s property or in which Landlord enjoys a security interest, and Tenant shall pay to Landlord upon demand the cost of repairing any damage to the Premises and to the Building caused caused. by any such removal. If Tenant is required to but shall fail or refuse to remove any such property from the Premises, Tenant shall be conclusively presumed to have abandoned the same, and title thereto shall thereupon pass to Landlord without any cost either by set-set off, credit, allowance or otherwise, and Landlord may at its option accept the title to such property or at Tenant’s expense may (i1) remove the same or any part in any manner that Landlord shall choose, repairing any damage to the Premises caused by such removal, and (ii2) store, destroy or otherwise dispose of the same without incurring liability to Tenant or any other person.

Appears in 1 contract

Samples: Disturbance and Attornment Agreement (Clayton Holdings Inc)

Surrender of Possession. Upon the expiration of the Term or upon the ----------------------- termination of Tenant’s 's right of possession, whether by lapse of time or at the option of Landlord as herein provided, Tenant shall forthwith at once surrender the Premises Leased Space to Landlord in good order, repair and in broom-clean condition, ordinary wear excepted, and shallremove all of its property therefrom, and if such possession is not immediately surrendered, Landlord so requires, restore may forthwith re-enter the Premises to Leased Space and repossess itself thereof and remove all persons and effects therefrom. Without limiting the condition existing at the beginning generality of the Termforegoing, ordinary wear and tear excepted. Any interest of Tenant in the alterations, improvements (including all floor coverings) and additions agrees to the Premises made or paid for by Landlord or Tenant shall, without compensation to Tenant, become Landlord’s property remove at the termination of this lease by lapse the Term or of time or otherwise and such alterations, improvements and additions shall be relinquished to Landlord in good condition, ordinary wear excepted. Upon or prior to its right of possession the earlier following items of the Expiration Date or the date upon which Tenant’s right to possession of the Premises may be terminated, Tenant shall remove its property: office furniture, trade fixtures, office equipment equipment, merchandise and all other items of Tenant’s 's property on the Premises. Leased Space, and Tenant shall pay to Landlord upon demand the cost of repairing any damage to the Premises and to the Building caused by any such removal. If Tenant shall fail or refuse to remove any such property from the PremisesLeased Space, Tenant shall be conclusively presumed to have abandoned the same, and title thereto shall thereupon pass to Landlord without any cost either by set-offsetoff, credit, allowance or otherwise, and Landlord may at its option accept the title to such property or at Tenant’s 's expense may (i) remove the same or any part in any manner that Landlord shall choose, repairing any damage to the Premises caused by such removal, and (ii) store, destroy or otherwise dispose of the same without incurring liability to Tenant or any other person.

Appears in 1 contract

Samples: Agreement (Endo Pharmaceuticals Holdings Inc)

AutoNDA by SimpleDocs

Surrender of Possession. Upon the expiration termination of this Lease and the Term term hereby created or upon the termination of Tenant’s 's right of possession, whether by lapse of time or at the option of Landlord as herein providedaforesaid, Tenant shall forthwith will at once surrender possession of the Premises demised premises to Landlord in good order, repair and condition, ordinary wear exceptedremove all property and effects therefrom, and shallif such possession is not immediately surrendered Landlord may forthwith re-enter the demised premises, if Landlord so requiresrepossess itself thereof and remove all persons, restore property and effects therefrom, using such force as may be necessary, without being deemed guilty of any manner of trespass or forcible entry or detainer, without being liable to Tenant for damages resulting therefrom and Tenant expressly waives any right of action therefor. Without limiting the Premises to the condition existing at the beginning generality of the Termforegoing, ordinary wear and tear excepted. Any interest of Tenant in the alterations, improvements (including all floor coverings) and additions agrees to the Premises made or paid for by Landlord or Tenant shall, without compensation to Tenant, become Landlord’s property remove at the termination of this lease by lapse of time or otherwise the term the office furniture, equipment, personal property and trade fixtures and such of Tenant's alterations, improvements and additions shall be relinquished to Landlord in good condition, ordinary wear excepted. Upon or prior to the earlier of the Expiration Date or the date upon which Tenant’s right to possession of the Premises as may be terminatedrequested by Landlord, all at Tenant's expense and Tenant shall remove its office furniture, trade fixtures, office equipment and repair all other items of Tenant’s property on the Premises. Tenant shall pay to Landlord upon demand the cost of repairing any damage to the Premises and to the Building caused by any demised premises resulting from such removal. If Tenant shall fail or refuse to remove any all such property from the Premisesdemised premises, Tenant shall be conclusively presumed to have abandoned the same, and title thereto shall thereupon pass to Landlord without any cost either by set-off, credit, credit allowance or otherwise, and Landlord may at its option accept the title to such property or or, at Tenant’s 's expense may may: (ia) remove the same or any part thereof in any manner that Landlord shall choose, repairing any damage to the Premises caused by such removal, ; and (iib) store, destroy or otherwise dispose of store the same without incurring liability to Tenant or any other person.

Appears in 1 contract

Samples: Lease (LDM Technologies Co)

Surrender of Possession. All alterations, improvements and additions to the Premises, whether temporary or permanent in character, made or paid for by Landlord or Tenant, shall without compensation to Tenant become Landlord's property at the termination of this Lease by lapse of time or otherwise and shall, unless Landlord requests their removal (subject, however, to Landlord's waiver of its right to require removal as set forth in the next succeeding grammatical paragraph), be relinquished to Landlord in good condition, ordinary wear and tear excepted. Upon the expiration of the Term or upon the termination of Tenant’s 's right of possession, whether by lapse of time or at the option of Landlord as herein provided, Tenant shall forthwith surrender the Premises to Landlord in good order, repair and condition, ordinary wear and tear excepted, and shall, if Landlord so requires, remove those alterations, improvements and additions to the Premises including built-in furniture or shelves and all other attached items which Landlord shall request Tenant remove and restore the Premises to the condition existing at the beginning of the Term, ordinary wear and tear excepted. Any interest ; provided, however, that Tenant shall not be obligated to remove building standard items or items as to which Landlord has waived in writing, at the time of approval of their installation pursuant to Section 8 hereof, its right to require their removal, nor shall Tenant in the alterations, improvements (including all floor coverings) and additions be required to remove any items of Work installed pursuant to the Premises made or paid for by Work Letter if Landlord or Tenant shall, without compensation has waived in writing its right to Tenant, become require their removal at the time of Landlord’s property at 's approval of the Final Plans therefor. Prior to the termination of this lease by lapse the Term or of time or otherwise and such alterations, improvements and additions shall be relinquished to Landlord in good condition, ordinary wear excepted. Upon or prior to the earlier Tenant's right of the Expiration Date or the date upon which Tenant’s right to possession of the Premises may be terminated, Tenant shall remove its office furniture, trade fixtures, office equipment and all other items of Tenant’s 's movable property on the Premises. Tenant shall pay to Landlord upon demand the cost of repairing any damage to the Premises and to the Building caused by any such removal. If Tenant shall fail or refuse to remove any such property which it is required to remove from the Premises, Tenant shall be conclusively presumed to have abandoned the same, and title thereto shall thereupon pass to Landlord without any cost either by set-off, credit, allowance or otherwise, and Landlord may at its option accept the title to such property or at Tenant’s 's expense may (i) remove the same or any part in any manner that Landlord shall choose, repairing any damage to the Premises caused by such removal, and (ii) store, destroy or otherwise dispose of the same without incurring liability to Tenant or any other person.

Appears in 1 contract

Samples: Lease (Tenfold Corp /Ut)

Surrender of Possession. Upon the expiration of the Term or upon the termination of Tenant’s right of possession, whether by lapse of time or at the option of Landlord as herein provided, Tenant shall forthwith surrender the Premises to Landlord in good order, repair and condition, ordinary wear and tear and casualty damage referred to in Paragraph 12 hereof excepted. Except for items which Tenant may remove, and shalldoes in fact remove, if Landlord so requires, restore the Premises prior to the condition existing at the beginning termination of the Termthis Lease, ordinary wear and tear excepted. Any any interest of Tenant in the alterations, improvements (including all floor coverings) and additions to the Premises made or paid for by Landlord or Tenant shall, without compensation to Tenant, become Landlord’s property at the termination of this lease Lease by lapse of time or otherwise and such alterations, improvements and additions shall be relinquished to Landlord in good condition, ordinary wear exceptedLandlord. Upon or prior Prior to the earlier termination of the Expiration Date Term or the date upon which of Tenant’s right to possession of the Premises may be terminatedpossession, Tenant may remove Tenant’s Work from the Premises. Tenant shall remove its office furniturenot have any obligation to remove, trade fixturesunless and to the extent required under Section 9.B., office equipment any alterations, improvements or additions, which shall include built-in furniture or shelves and all other items of Tenant’s property on the Premisesattached items. Tenant shall pay to Landlord upon demand the cost of repairing any damage to the Premises and to the Building caused by any such removal. If Tenant shall fail or refuse to remove any such property from the Premises, Tenant shall be conclusively presumed to have abandoned the same, and title thereto shall thereupon pass to Landlord without any cost either by set-offsetoff, credit, allowance or otherwise, and Landlord may at its option accept the title to such property or at Tenant’s expense may (i) remove the same or any part in any manner that Landlord landlord shall choose, repairing any damage to the Premises caused by such removal, and (ii) store, destroy or otherwise dispose of the same without incurring liability to Tenant tenant or any other person.

Appears in 1 contract

Samples: Lease Agreement (Wells Real Estate Investment Trust Inc)

Surrender of Possession. Upon the expiration of the Term or upon the termination of Tenant’s 's right of possession, whether by lapse of time or at the option of Landlord as herein provided, Tenant shall forthwith immediately surrender the Premises to Landlord in good order, repair and condition, ordinary wear excepted, and shall, if Landlord so requires, restore the Premises to the condition existing at the beginning of the Term, ordinary wear and tear excepted. Any interest of Tenant in the All permanent alterations, improvements (including all floor coverings) and additions to the Premises made or paid for by Landlord or Tenant shall, shall without compensation to Tenant, Tenant become Landlord’s 's property at the termination of this lease Lease by lapse of time or otherwise and such alterations, improvements and additions shall be relinquished to Landlord in good condition, ordinary wear excepted, unless otherwise expressly provided in this Lease. Upon or prior to the earlier of the Expiration Date or the date upon which Tenant’s right to possession of the Premises may be terminated, Tenant shall remove all of its office property from the Premises. Tenant agrees to remove at the termination of the Term or of its right of possession the following items of property: furniture, trade fixtures, office equipment and all other items of Tenant’s 's property or temporary improvements on the Premises. , except for such property which pursuant to the terms of this Lease, are Landlord's property or in which Landlord enjoys a security interest, and Tenant shall pay to Landlord upon demand the cost of repairing any damage to the Premises and to the Building Center caused by any such removal. If Tenant is required to but shall fail or refuse to remove any such property from the Premises, Tenant shall be conclusively presumed to have abandoned the same, and title thereto shall thereupon pass to Landlord without any cost either by set-off, credit, allowance or otherwise, and Landlord may at its option accept the title to such property or at Tenant’s 's expense may (i1) remove the same or any part in any manner that Landlord shall choose, repairing any damage to the Premises caused by such removal, and (ii2) store, destroy or otherwise dispose of the same without incurring liability to Tenant or any other person.

Appears in 1 contract

Samples: Comprehensive Care Corp

Surrender of Possession. Upon the expiration or termination of the Term or upon the termination of Tenant’s right of possessionTerm, whether by lapse of time or at otherwise, or upon the option termination of Landlord as herein providedTenant's right of possession, Tenant shall forthwith surrender the Premises to Landlord in good order, repair and condition, ordinary wear excepted, and shall, if Landlord so requires, restore the Premises to the condition existing at the beginning of the Term, ordinary wear and tear excepted, and, subject to Tenant's duty to carry insurance as required by this Lease, damage by fire or other casualty excepted. Any interest of Tenant Except as provided in Sections 5.A and 9 to the contrary, all alterations, improvements (including all floor coverings) and additions to the Premises Premises, made or paid for by Landlord or Tenant shallTenant, shall without compensation to Tenant, Tenant become Landlord’s 's property at upon installation. Except as provided in Sections 5.A and 9 to the termination of this lease by lapse of time or otherwise and contrary, all such alterations, improvements and additions shall remain Landlord's property at the termination or expiration of this Lease whether by lapse of time or otherwise, and shall be relinquished to Landlord in good order, repair and condition, ordinary wear and tear and, subject to Tenant's duty to carry insurance as required by this Lease, damage by fire or other casualty excepted. Upon Tenant agrees to remove, at such expiration or prior to the earlier termination of the Expiration Date Term or of its right of possession, the date upon which Tenant’s right to possession following items of the Premises may be terminated, Tenant shall remove its property: office furniture, trade fixtures, office equipment and all other items of Tenant’s 's property or temporary improvements on the Premises. , and Tenant shall pay to Landlord upon demand the cost of repairing any damage to the Premises and to the Building caused by any such removal. If Tenant shall fail or refuse to remove any such property from the PremisesPremises by the date on which the Term expires, or if Tenant's right to possession terminates earlier, by the date which is five (5) business days after such right to possession has terminated, Tenant shall be conclusively presumed to have abandoned the same, and title thereto shall thereupon pass to Landlord without any cost either by set-off, credit, allowance or otherwise, and Landlord may at its option accept the title to such property or at Tenant’s 's expense may (i) remove the same or any part thereof in any manner that Landlord shall choose, repairing any damage to the Premises caused by such removal, and (ii) store, destroy or otherwise dispose of the same without incurring liability to Tenant or any other person.

Appears in 1 contract

Samples: Lease Agreement (Tanning Technology Corp)

Surrender of Possession. Upon the expiration of the Term or upon the termination of Tenant’s right of possession, whether by lapse of time or at the option of Landlord as herein provided, Tenant shall forthwith surrender the Premises to Landlord in good order, repair and condition, ordinary wear exceptedand tear, and shall, if Landlord so requires, restore the Premises to the condition existing at the beginning of the Term, ordinary wear and tear fire or other casualty excepted. Any interest of Tenant in the alterations, improvements (including all floor coverings) and additions to the Premises Premises, (including without limitation all carpeting or floor covering) made or paid for by Landlord or Tenant shallTenant, shall without compensation to Tenant, become Landlord’s property at the termination of this lease Lease by lapse of time or otherwise otherwise, and such alterations, improvements and additions shall be relinquished to Landlord in good condition, ordinary wear and tear, fire or other casualty excepted. Upon or prior to At the earlier termination of the Expiration Date Term or the date upon which of Tenant’s right to possession of the Premises may be terminatedpossession, Tenant shall agrees to remove its the following items of Tenant’s property: office furniture, trade fixtures, office equipment and all other items of Tenant’s property on the Premises. At Tenant’s option, Tenant shall repair damages to Landlord’s satisfaction, or Tenant shall pay to Landlord upon demand demand, the cost of repairing any damage to the Premises and to the Building caused by any such removal. If Tenant shall fail or refuse to remove any such property from the Premises, Tenant shall be conclusively presumed to have abandoned the same, and title thereto shall thereupon pass to Landlord without any cost either by set-off, credit, allowance or otherwise, and Landlord may may, at its option option, accept the title to such property or at Tenant’s expense may (i) remove the same or any part in any manner that Landlord shall choose, repairing any damage to the Premises caused by such removal, and (ii) store, destroy or otherwise dispose of the same without incurring liability to Tenant or any other person.

Appears in 1 contract

Samples: Agreement of Lease (Acell Inc)

Surrender of Possession. Upon the expiration of the Term or upon the termination of Tenant’s right of possession, whether by lapse of time or at the option of Landlord as herein provided, Tenant shall forthwith surrender the Premises to Landlord in good order, repair and condition, ordinary wear excepted, and shall, if Landlord so requires, restore the Premises to the condition existing at the beginning of the Term, ordinary wear and tear excepted. Any interest of Tenant in the All permanent alterations, improvements (including all floor coverings) and additions to the Premises Premises, made or paid for by Landlord or Tenant shallTenant, shall without compensation to Tenant, Tenant become Landlord’s property at the termination of this lease Lease by lapse of time or otherwise and such alterations, improvements and additions shall be relinquished to Landlord in good condition, ordinary wear excepted. Upon or prior to the earlier of the Expiration Date or the date upon which Tenant’s right to possession of the Premises may be terminated, Tenant shall remove all of its property from the Premises. Tenant agrees to remove at the termination of the Term or of its right of possession the following items of property: office furniture, trade fixtures, office equipment and all other items of Tenant’s property or temporary improvements on the Premises. , and Tenant shall pay to Landlord upon demand the cost of repairing any damage to the Premises and to the Building caused by any such removal. If Tenant shall fail or refuse to remove any such property from the Premises, Tenant shall be conclusively presumed to have abandoned the same, and title thereto shall thereupon pass to Landlord without any cost either by set-off, credit, allowance or otherwise, and Landlord may at its option accept the title to such property or at Tenant’s expense may (i1) remove the same or any part in any manner that Landlord shall choose, repairing any damage to the Premises caused by such removal, and (ii2) store, destroy or otherwise dispose of the same without incurring liability to Tenant or any other person.

Appears in 1 contract

Samples: Lease Agreement (Attitude Drinks Inc.)

Surrender of Possession. Upon the expiration or earlier termination of the Term or upon the termination of Tenant’s right of possession, whether by lapse of time or at the option of Landlord as herein providedLease Term, Tenant shall forthwith surrender agrees to deliver the Premises to Landlord Landlord, broomclean and in good ordercondition and repair, repair and conditionreasonable use, ordinary wear excepted, and shall, if Landlord so requires, restore the Premises to the condition existing at the beginning of the Term, ordinary wear and tear and natural deterioration excepted. Any interest of Tenant in the , together with all keys and combinations to locks, safes, vaults and security systems and all improvements, alterations, improvements (including all floor coverings) lighting fixtures and additions equipment at any time installed in, upon or to the Premises made interior or paid for by Landlord or Tenant shall, without compensation to Tenant, become Landlord’s property at the termination of this lease by lapse of time or otherwise and such alterations, improvements and additions shall be relinquished to Landlord in good condition, ordinary wear excepted. Upon or prior to the earlier exterior of the Expiration Date or Premises, all which shall thereupon become the date upon which Tenant’s right to possession property of the Premises may be terminated, Tenant shall remove its office furniture, trade fixtures, office equipment and all other items of Tenant’s property on the PremisesLandlord. Tenant shall pay to Landlord upon demand the cost of repairing any damage to the Premises and to the Building caused by any such removal. If Tenant shall fail or refuse to remove any such property from Before surrendering the Premises, Tenant shall be conclusively presumed to have abandoned the sameremove all of Tenant’s personal property, signs and trade fixtures, and title thereto Tenant agrees to repair any holes, other damage or paint shadows caused thereby. If the exclusive property of Landlord, or Landlord shall thereupon pass have the right to Landlord without any cost either by set-offremove and dispose of said property, credit, allowance or otherwiseat the expense of Tenant, and Tenant shall be responsible for all expenses incurred by Landlord may at its option accept therefore. If the title to such property or at Tenant’s expense may (i) remove the same or any part in any manner that Premises are not surrendered as and when aforesaid and after Landlord shall choosehave given to Tenant three (3) days notice to quit, repairing Tenant shall indemnify Landlord against all loss or liability resulting from the delay, including without limitation, claims made by any damage succeeding occupant founded on such day and attorneys fees and expenses and court costs incurred by Landlord in seeking to the Premises caused by such removal, and (ii) store, destroy or otherwise dispose retake possession of the same without incurring liability to Tenant or any other personPremises.

Appears in 1 contract

Samples: Mall Outparcel Lease Agreement (CB Financial CORP)

Surrender of Possession. Upon the expiration of the Term or upon the termination of Tenant’s 's right of possession, whether by lapse of time or at the option of Landlord as herein providedotherwise, Tenant shall forthwith surrender the Premises to Landlord in good order, repair and condition, ordinary wear excepted, and shall, if Landlord so requires, restore the Premises to the condition existing at the beginning of the Term, ordinary wear and tear exceptedTerm (except that Tenant shall not be required to remove any initial tenant improvements installed by Tenant pursuant to Exhibit B unless Landlord so requires in connection with its approval of the plans therefor). Any interest of Tenant in the alterations, improvements (including all floor coverings) and additions to the Premises made or paid for by Landlord or Tenant shall, without compensation to Tenant, become Landlord’s 's property at the termination of this lease by lapse of time or otherwise and such alterations, improvements and additions shall be relinquished to Landlord in good condition, ordinary wear excepted. Upon or prior to the earlier termination of the Expiration Date Term or the date upon which of Tenant’s 's right to possession of the Premises may be terminatedpossession, Tenant shall remove its office furniture, trade fixtures, office equipment and all other items of Tenant’s 's property on the Premises. Tenant shall pay to Landlord upon demand the cost of repairing any damage to the Premises and to the Building caused by any such removal. If Tenant shall fail or refuse to remove any such property from the Premises, Tenant shall be conclusively presumed to have abandoned the same, and title thereto shall thereupon pass to Landlord without any cost either by set-off, credit, allowance or otherwise, and Landlord may at its option accept the title to such property or at Tenant’s 's expense may (i) remove the same or any part thereof in any manner that Landlord shall choose, repairing (ii) repair any damage to the Premises caused by such removal, and (iiiii) store, destroy or otherwise dispose of the same without incurring liability to Tenant or any other person.

Appears in 1 contract

Samples: Agreement of Lease (Standard Parking Corp)

Surrender of Possession. Upon the expiration of the Term or upon the termination of Tenant’s 's right of possessionpossession to all or a portion of the Premises, whether by lapse of time or at the option of Landlord as herein provided, Tenant shall forthwith quietly and peaceably surrender the Premises or portion thereof to Landlord in good order, repair and condition, ordinary wear excepted, and shall, if Landlord so requires, restore the Premises or portion thereof to the condition existing at the beginning of the Term, ordinary wear and tear excepted. Any interest of Tenant in the alterations, improvements (including all floor coverings) and additions to the Premises made or paid for by Landlord or Tenant shall, without compensation to Tenant, become become, at Landlord’s 's option, Landlord's property at the termination of this lease Lease by lapse of time or otherwise and if such option is exercised such alterations, improvements and additions shall be relinquished to Landlord in good condition, ordinary wear excepted. Upon If Landlord does not exercise such option with respect to any such alteration, improvement or prior addition, Tenant's restoration obligation referred to above shall be applicable. Prior to the earlier termination of the Expiration Date Term or the date upon which of Tenant’s 's right to of possession of the Premises may be terminated, Tenant shall remove its office furniture, trade fixtures, office equipment and all other items of Tenant’s 's property on the Premises. Tenant shall pay to Landlord upon demand the cost of repairing any damage to the Premises and to the Building caused by any such removalremoval required hereunder. If Tenant shall fail or refuse to remove any such property from the PremisesPremises not later than the termination date of this Lease, Tenant shall be conclusively presumed to have abandoned the same, and title thereto shall thereupon pass to Landlord without any cost either by set-off, credit, allowance or otherwise, and Landlord may at its option accept the title to such property or or, at Tenant’s expense 's expense, may (i) remove the same or any part in any manner that Landlord shall choose, repairing any damage to the Premises caused by such removal, and (ii) store, destroy or otherwise dispose of the same without incurring liability to Tenant or any other person.

Appears in 1 contract

Samples: Digitas Inc

Time is Money Join Law Insider Premium to draft better contracts faster.