University’s Obligation to Relocate USF Department of Ophthalmology Sample Clauses

University’s Obligation to Relocate USF Department of Ophthalmology. Within twelve (12) months following execution of the Property Transfer Agreement, University shall, at no cost or expense to MCC other than the MCC Payment, relocate the USF Department of Ophthalmology to the USF Health Morsani Center and adjacent Faculty Office Building (“MDF”). University shall have the right to remove and relocate any fixtures, equipment, furnishings, supplies and other personal property from the USF Eye Institute building, and University shall surrender the USF Eye Institute in its then current usable state, reasonable wear and tear excepted; provided that, subject to the forgoing, University shall (i) not commit or permit unnecessary destruction or waste of the USF Eye Institute building during the period following the Closing and ending with USF’s move from and surrender of the USF Eye Institute, and (ii) have no obligation to repair, maintain, renovate or improve in any manner the USF Eye Institute building or space therein upon, in connection with or following the relocation of the USF Department of Ophthalmology.
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