Common use of Surrender Premises Clause in Contracts

Surrender Premises. Tenant shall, on or before the last day of the Term hereof, or when sooner terminated, peaceably and quietly surrender the Premises to Landlord with all alterations, additions, improvements, fixtures and equipment, including air conditioning equipment (excluding trade fixtures and other personal property of Tenant), be in good order and repair, ordinary wear and tear excepted. All such property not removed shall be deemed abandoned by Tenant and conveyed to Landlord unless Landlord shall give notice to Tenant to remove all or any part hereof, in which event Tenant shall promptly at its expense remove same, or Landlord may do so at Tenant's expense.