Common use of Tenant’s goods left in Premises Clause in Contracts

Tenant’s goods left in Premises. If after the Termination Date any property of the Tenant remains in the Premises and the Tenant fails at the Termination Date to remove the same within thirty (30) days after being requested in writing by the Landlord so to do the Landlord may as the agent of the Tenant (and the Landlord is hereby appointed by the Tenant to act as such) sell such property and will then hold the proceeds of sale (after deducting the costs and expenses of removal storage and sale reasonably and properly incurred by it) to the order of the Tenant provided that the Tenant will indemnify the Landlord against any liability incurred by the Landlord to any third party whose property has been sold by the Landlord in the bona fide mistaken belief (which will be presumed unless the contrary is proved) that such property belonged to the Tenant and was liable to be dealt with as such under this clause 15.5.

Appears in 4 contracts

Samples: Lease (Edgen Murray PLC), Lease (Edgen Murray LTD), Lease (Edgen Murray II, L.P.)

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