Common use of Surrendering the Premises Clause in Contracts

Surrendering the Premises. Tenant shall schedule its move date, in writing, with Landlord in advance of the Termination Date or the date the last extension term, if any, ends, whichever is later and surrender the Premises to Landlord in the same broom clean condition that the Premises were in on the Commencement Date except for: (i) ordinary wear and tear; (ii) damage by the elements, fire, and other casualty unless Tenant would be required to repair under Sections 6.3. or 6.4; (iii) condemnation; and (iv) permitted Improvements unless Landlord requires their removal under Section 6.1. On surrender, Tenant shall remove from the Premises its personal property, trade fixtures, any Improvements required to be removed under Section 6.1., and at Landlord’s request, any communications or computer wiring placed in the Premises or other parts of the Building by Tenant, and repair any damage to the Premises or Building caused by such removal. Any items not removed by Tenant as required above shall be considered abandoned. Landlord may dispose of abandoned items as Landlord chooses and ▇▇▇▇ Tenant for the cost of their removal and disposal, minus any revenues received by Landlord for their disposal.

Appears in 1 contract

Sources: Lease (Genetic Technologies LTD)

Surrendering the Premises. Tenant shall schedule its move date, in writing, with Landlord in advance of the Termination Date or the date the last extension term, if any, ends, whichever is later and surrender the Premises to Landlord in the same broom clean condition that the Premises were in on the Commencement Date except for: (i) ordinary wear and tear; (ii) damage by the elements, fire, and other casualty unless Tenant would be required to repair under Sections Section 6.3. or 6.4; (iii) condemnation; and (iv) permitted Improvements unless Landlord requires their removal under Section Section 6.1. On surrender, Tenant shall remove from the Premises its personal property, trade fixtures, and any Improvements required to be removed under Section 6.1., and at Landlord’s request, any communications or computer wiring placed in the Premises or other parts of the Building by Tenant, 6.1 and repair any damage to the Premises or Building caused by such removal. Any items not removed by Tenant as required above shall be considered abandoned. abandoned and Landlord may dispose of abandoned items as Landlord chooses and bill ▇▇▇▇ Tenant ant for the cost of their removal and disposal, minus any revenues received by Landlord for their disposal.

Appears in 1 contract

Sources: Lease (Youcentric Inc)