Surrender To Lessor Sample Clauses

Surrender To Lessor. Immediately upon the expiration of the Initial Term or any Extended Term or at any other termination of this Lease Agreement, Lessee shall surrender the Equipment to Lessor in good repair and working order, reasonable wear and tear excepted, by assembling and delivering the Equipment, ready for shipment, to a place or carrier, as Lessor may designate, within the state in which the Equipment was originally delivered to Lessee or to which the Equipment was thereafter moved with the written consent of Lessor. All costs of removal, assembly, packing and delivery of such Equipment to the place designated by Lessor shall be borne by Lessee.
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Surrender To Lessor. 12.1 Lessee shall advise Lessor in writing at least ninety (90) days prior to the expiration of the Initial Term or any Extended Term of its intent to surrender the Equipment. Upon receipt of such notice, Lessor shall be authorized to demonstrate the Equipment in operation to potential buyers or lessees during the normal business hours of Lessee, provided that Lessor has given reasonable notice to Lessee prior to any such visit.
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Surrender To Lessor. 12.1 Immediately upon the expiration of the Initial Term or any Extended Term, Lessee shall surrender the Equipment to Lessor; provided, however that Lessee has given 90 days prior written notice of its intent to surrender the Equipment. The term of lease shall be automatically extended for successive monthly periods ("Extended Term") until terminated by Lessee in accordance with such notice. No notice of termination by Lessee shall be effective earlier than the last day of the Initial Term, any Extended Term under Section 3.2 above, or any Extended Term under this Section 12.1, nor shall any such notice be required in the event of a termination of this Lease Agreement by Lessor upon the occurrence of an Event of Default. All Equipment surrendered to Lessor shall be in good repair and working order, reasonable wear and tear expected, by delivering the Equipment to any location as may be designated by Lessor within 100 miles of a major terminal operated by Lessee in any of the following cities: Dallas, Texas; Chicago, Illinois; New York, New York; Atlanta, Georgia; Los Angeles, California; or Denver, Colorado. All costs of removal and delivery of such Equipment to the place designated by Lessor shall be borne by Lessee.
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Surrender To Lessor. Immediately upon the expiration of the Initial Term or any Extended Term or any other termination of this Lease Agreement, Lessee shall surrender the Equipment to Lessor in good repair and working order, reasonable wear and tear accepted with all engineering and safety changes prescribed by the manufacturer or maintenance organization incorporated therein, by assembling and delivering the Equipment, ready for shipment, to a place or carrier, as Lessor may designate, within the continental United States. Lessee shall, prior to such surrender, arrange and pay for any repairs and changes as are necessary for the manufacturer or maintenance organization to accept the Equipment under contract maintenance at its then standard rates. All costs of removal, assembly, packing and delivery of such Equipment to the place designated by the Lessor shall be borne by Lessee.
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Surrender To Lessor. Provided Lessee has properly elected to exercise its surrender option, or alternatively, upon any other termination of this Lease Agreement, Lessee shall surrender the Equipment to Lessor by assembling and delivering the Equipment, ready for shipment, to a place or carrier, as Lessor may designate, within North America. Lessor shall be immediately authorized to show the surrendered Equipment to potential buyers upon receipt of notice of Lessee's election to surrender the Equipment during Lessee's normal business hours, provided Lessor notifies Lessee at least two business days prior to any such visit. Upon surrender, the Equipment shall be complete and in good repair and working order for its originally intended purpose, operate within its rated
Sample 1
Surrender To Lessor. 12.1 Lessee shall advise Lessor in writing at least ninety (90) days prior to the expiration of the Initial Term or any Extended Term of its intent to surrender the Equipment. Upon receipt of such notice, Lessor shall be authorized to demonstrate the Equipment in operation to potential buyers or lessees during the normal business hours of Lessee, provided that Lessor has given reasonable notice to Lessee prior to any such visit. 12.2 If Lessee elects to surrender the Equipment or, alternatively, upon any other termination of the Lease Schedule, Lessee shall immediately surrender the Equipment to Lessor by assembling and delivering the Equipment to a place or places, as Lessor may designate, within the continental United States. The shipment of the Equipment shall be conducted in accordance with the manufacturer's
Sample 1
Surrender To Lessor. 12.1 Provided Lessee has advised Lessor in writing at least ninety (90) days prior to the expiration of the Initial Term or Extended Term of its intent to exercise its surrender option, or alternatively, upon any other termination of the applicable Lease Schedule, Lessee shall surrender the Equipment to Lessor by assembling and delivering the Equipment, ready for shipment, to a place or carrier, as Lessor may designate, within the continental United States. Lessor shall be immediately authorized to show the surrendered Equipment to potential buyers upon receipt of notice of Lessee's election to surrender the Equipment during Lessee's normal business hours, provided Lessor notifies Lessee at least two business days prior to any such visit. Upon surrender, the Equipment shall be complete and in good repair and working order for its originally intended purpose, operate within its rated capacity, reasonable wear and tear excepted, including, without limitation: (i) all software and documentation, if any, originally supplied with the Equipment shall be returned to Lessor, and any or all software enhancements/upgrades made by the manufacturer or Lessee shall become the property of Lessor; archival or other copies made for other purposes shall be destroyed; (ii) the Equipment shall be complete, with all parts, pieces, cabling and accessories, and all literature and manuals, including but not limited to, all operating instructions, service manuals, original diagrams, historical records and maintenance documentation (including without limitation records of all preventive maintenance and repairs, indicating date and meter usage reading of the same); (iii) the Equipment shall be in compliance with the manufacturer's recommended tolerances for operation and performance in all material respects, or in the absence of any such recommended tolerances, in conformity with industry standards, and in any event, with all applicable laws, ordinances or governmental rules and regulations; (iv) Lessee shall provide Lessor a complete inventory listing of the Equipment, complete with model numbers, serial numbers and description of modifications made, if any; (v) the Equipment shall be capable of being immediately assembled and operated by a third party without further repair, replacement, alteration or improvement; (vi) all costs incurred to deinstall, prepare for shipment, or transport the Equipment shall be borne by the Lessee, and conducted in accordance with the manufacturer's...
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Related to Surrender To Lessor

  • 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 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.

  • 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 Possession Lessee shall yield and deliver to Lessor possession of the Premises leased herein at the expiration of this Agreement in good condition in accordance with its express obligations hereunder, except for reasonable wear and tear, fire and other casualty. Lessee shall deliver the Premises in good order and condition, including: (1) cleaning and hauling away all supplies and trash; (2) leaving in operating condition all bulbs and ballasts; (3) replacing all broken glass; and (4) turning in keys to all door locks. Lessee, at Lessee’s expense, shall remove during the term hereof or at the expiration of such term all trade fixtures, equipment and personal property placed by Lessee on or about the Premises herein leased, subject to Lessee's repairing any damage thereto caused by such removal and subject to any valid lien which Lessor may have thereon for unpaid rents or fees. Lessor may direct Lessee to remove, at Lessee’s sole expense, any cabling installed within the Premises upon surrender of possession of the Premises. Lessee shall have no obligation to remove such cabling unless Lessor shall notify Lessee of its required removal. In the event Lessee does not remove all of said property within ten (10) days after the termination of this Agreement, the same shall be considered abandoned and Lessor may dispose of said property without any further responsibility or liability to Lessee. At any time within ninety (90) days prior to the expiration of this Agreement, Lessor and Lessor's agents, invitees, and licensees may enter and show the Premises to persons wishing to rent the Premises and may post upon the Premises the usual notices "For Rent" or "For Lease", said notices to remain thereon without hindrance or molestation, provided Lessee has not exercised any renewal options provided herein, or has not signed a new lease. Lessor and its agents, invitees, and licensees will use their best efforts not to unreasonably interfere with Lessee’s use of the Premises during said visits.

  • Surrender Upon the expiration of the Term or earlier termination of Tenant’s right of possession, Tenant shall surrender the Premises to Landlord in the same condition as received, subject to any Alterations or Installations permitted by Landlord to remain in the Premises, free of Hazardous Materials brought upon, kept, used, stored, handled, treated, generated in, or released or disposed of from, the Premises by any person other than a Landlord Party (collectively, “Tenant HazMat Operations”) and released of all Hazardous Materials Clearances, broom clean, ordinary wear and tear and casualty loss and condemnation covered by Sections 18 and 19 excepted. At least 3 months prior to the surrender of the Premises, Tenant shall deliver to Landlord a narrative description of the actions proposed (or required by any Governmental Authority) to be taken by Tenant in order to surrender the Premises (including any Installations permitted by Landlord to remain in the Premises) at the expiration or earlier termination of the Term, free from any residual impact from the Tenant HazMat Operations and otherwise released for unrestricted use and occupancy (the “Surrender Plan”). Such Surrender Plan shall be accompanied by a current listing of (i) all Hazardous Materials licenses and permits held by or on behalf of any Tenant Party with respect to the Premises, and (ii) all Hazardous Materials used, stored, handled, treated, generated, released or disposed of from the Premises, and shall be subject to the review and approval of Landlord’s environmental consultant. In connection with the review and approval of the Surrender Plan, upon the request of Landlord, Tenant shall deliver to Landlord or its consultant such additional non-proprietary information concerning Tenant HazMat Operations as Landlord shall request. On or before such surrender, Tenant shall deliver to Landlord evidence that the approved Surrender Plan shall have been satisfactorily completed and Landlord shall have the right, subject to reimbursement at Tenant’s expense as set forth below, to cause Landlord’s environmental consultant to inspect the Premises and perform such additional procedures as may be deemed reasonably necessary to confirm that the Premises are, as of the effective date of such surrender or early termination of the Lease, free from any residual impact from Tenant HazMat Operations. Tenant shall reimburse Landlord, as Additional Rent, for the actual out-of pocket expense incurred by Landlord for Landlord’s environmental consultant to review and approve the Surrender Plan and to visit the Premises and verify satisfactory completion of the same, which cost shall not exceed $5,000. Landlord shall have the unrestricted right to deliver such Surrender Plan and any report by Landlord’s environmental consultant with respect to the surrender of the Premises to third parties. If Tenant shall fail to prepare or submit a Surrender Plan approved by Landlord, or if Tenant shall fail to complete the approved Surrender Plan, or if such Surrender Plan, whether or not approved by Landlord, shall fail to adequately address any residual effect of Tenant HazMat Operations in, on or about the Premises, Landlord shall have the right to take such actions as Landlord may deem reasonable or appropriate to assure that the Premises and the Project are surrendered free from any residual impact from Tenant HazMat Operations, the cost of which actions shall be reimbursed by Tenant as Additional Rent, without regard to the limitation set forth in the first paragraph of this Section 28. Tenant shall immediately return to Landlord all keys and/or access cards to parking, the Project, restrooms or all or any portion of the Premises furnished to or otherwise procured by Tenant. If any such access card or key is lost, Tenant shall pay to Landlord, at Landlord’s election, either the cost of replacing such lost access card or key or the cost of reprogramming the access security system in which such access card was used or changing the lock or locks opened by such lost key. Any Tenant’s Property, Alterations and property not so removed by Tenant as permitted or required herein shall be deemed abandoned and may be stored, removed, and disposed of by Landlord at Tenant’s expense, and Tenant waives all claims against Landlord for any damages resulting from Landlord’s retention and/or disposition of such property. All obligations of Tenant hereunder not fully performed as of the termination of the Term, including the obligations of Tenant under Section 30 hereof, shall survive the expiration or earlier termination of the Term, including, without limitation, indemnity obligations, payment obligations with respect to Rent and obligations concerning the condition and repair of the Premises.

  • SURRENDER OF PREMISES; HOLDING OVER Upon expiration of the term, Tenant shall surrender to Landlord the Premises and all Tenant improvements and alterations in good condition, except for ordinary wear and tear and alterations Tenant has the right or is obligated to remove under the provisions of Section 14 herein. Tenant shall remove all personal property including, without limitation, all data and phone wires and other improvements which Landlord has required Tenant to remove pursuant to Section 14 or Exhibit F of this Lease. Landlord can elect to retain or dispose of in any manner Tenant's personal property not removed from the Premises by Tenant prior to the expiration of the term. Tenant waives all claims against Landlord for any damage to Tenant resulting from Landlord's retention or disposition of Tenant's personal property. Tenant shall be liable to Landlord for Landlord's cost for storage, removal or disposal of Tenant's personal property. If Tenant, with Landlord's consent, remains in possession of the Premises after expiration or termination of the term, or after the date in any notice given by Landlord to Tenant terminating this Lease, such possession by Tenant shall be deemed to be a month-to-month tenancy terminable as provided under Washington law, by either party. All provisions of this Lease, except those pertaining to term and Rent, shall apply to the month-to-month tenancy. During any holdover term, Tenant shall pay Base Monthly Rent in an amount equal to 150% of Base Monthly Rent for the last full calendar month during the regular term plus 100% of Tenant's share of Expenses pursuant to Section 4(c)(3).

  • Deliver; Surrender (a) The term “deliver”, or its noun form, when used with respect to Shares or other Deposited Securities, shall mean (i) book-entry transfer of those Shares or other Deposited Securities to an account maintained by an institution authorized under applicable law to effect transfers of such securities designated by the person entitled to that delivery or (ii) physical transfer of certificates evidencing those Shares or other Deposited Securities registered in the name of, or duly endorsed or accompanied by proper instruments of transfer to, the person entitled to that delivery.

  • Acceptance of Surrender No surrender to Landlord of this Agreement or of the Leased Property or any part thereof, or of any interest therein, shall be valid or effective unless agreed to and accepted in writing by Landlord and no act by Landlord or any representative or agent of Landlord, other than such a written acceptance by Landlord, shall constitute an acceptance of any such surrender.

  • Surrender of Records and Property Upon termination of his employment with the Company, Executive shall deliver promptly to the Company all credit cards, computer equipment, cellular telephone, records, manuals, books, blank forms, documents, letters, memoranda, notes, notebooks, reports, data, tables, calculations or copies thereof, that are the property of the Company and that relate in any way to the business, strategies, products, practices, processes, policies or techniques of the Company, and all other property, trade secrets and confidential information of the Company, including, but not limited to, all documents that in whole or in part contain any trade secrets or confidential information of the Company that in any of these cases are in his possession or under his control, and Executive shall also remove all such information from any personal computers that he owns or controls.

  • Surrender/Restoration Lessee shall surrender the Premises by the end of the last day of the Lease term or any earlier termination date, clean and free of debris and in good operating order, condition and state of repair, ordinary wear and tear excepted. Ordinary wear and tear shall not include any damage or deterioration that would have been prevented by good maintenance practice or by Lessee performing all of its obligations under this Lease. Except as otherwise agreed or specified herein, the Premises, as surrendered, shall include the Alterations and Utility Installations. The obligation of Lessee shall include the repair of any damage occasioned by the installation, maintenance or removal of Lessee's Trade Fixtures, furnishings, equipment, and Lessee-Owned Alterations and Utility Installations, as well as the removal of any storage tank installed by or for Lessee, and the removal, replacement, or remediation of any soil, material or ground water contaminated by Lessee, all as may then be required by Applicable Requirements and/or good practice. Lessee's Trade Fixtures shall remain the property of Lessee and shall be removed by Lessee subject to its obligation to repair and restore the Premises per this Lease.

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