Common use of Surrendering the Premises Clause in Contracts

Surrendering the Premises. Upon the Expiration Date or earlier termination of this Lease, Tenant shall surrender the Premises to Landlord in the same 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 paragraph 6.03(a); (iii) condemnation; (iv) damage arising from any cause not required to be repaired or replaced by Tenant; and (v) alterations as permitted by this Lease unless consent was conditioned on their removal.

Appears in 1 contract

Sources: Office Lease (United Therapeutics Corp)

Surrendering the Premises. Upon the Expiration Date or earlier termination of this Lease, Tenant shall surrender the Premises to Landlord in the same 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 paragraph 6.03(a); (iii) condemnation; (iv) damage arising from any cause not required to be repaired or replaced by Tenant; and (v) alterations as permitted by this Lease unless consent was conditioned on their removal.

Appears in 1 contract

Sources: Lease (North State Bancorp)