Common use of VACATION OF THE PREMISES Clause in Contracts

VACATION OF THE PREMISES. Upon vacation of the premises, the Lessor shall immediately be granted access to the Leased Object. Upon vacation of the premises, the Lessee shall return the Leased Object in a tidy, clean, and otherwise contractual state, with all windowpanes intact, and maintained in accordance with standards of good craftsmanship, and with all keys/entrance passes. If the maintenance obligation under Clause 15 has been met at normal intervals during the Lease Term, the Lessor accepts ordinary wear and tear until vacation of the premises. Any changes made by the Lessee during the Lease Term are governed by the regulations in Clause 17. The Lessor may repair any defects not repaired by the Lessee, for the account of the Lessee. If the Lessor does not make such repairs, the Lessee shall nevertheless compensate the Lessor for the costs that would have been incurred if such repairs had been made, irrespective of the use of the Leased Object following the vacation of the premises. A joint inspection shall be conducted by the Lessee and the Lessor well ahead of the end of the Lease Term to agree any work that shall be carried out in order to bring the Leased Object into the state required when it is vacated. The Lessor shall be entitled, for the last 12 months before vacation of the premises, to erect signs on the frontage with information to the effect that the Leased Object will become available for rent. The Lessee shall, during the same period and by prior notice, grant prospective lessees access to the Leased Object for 3 days per week during ordinary office/business hours. The Lessee shall remove its possessions at its own expense no later than on the last day of the Lease Term. Any possessions that have not been removed are deemed to have been abandoned, and shall accrue to the Lessor. The Lessor may discard or remove any rubbish and possessions that the Lessee has left behind, for the account of the Lessee. REGISTRATION/GRANTING OF SECURITY INTERESTS The lease shall not be registered in the Register of Land Titles and Land Charges without the prior written consent of the Lessor. Consent shall not be withheld without just cause. A lease thus registered shall have no right of priority advancement, and shall concede priority to any new monetary encumbrances that the Lessor may arrange to have registered on the Property. The Lessee shall assist with the implementation of such priority concession. The Lessee grants the Lessor an irrevocable authorisation to delete such lease registration on the expiry date of the lease. Any costs associated with such registration and deregistration of the lease shall be for the account of the Lessee. No security interest shall be granted in the lease without the prior written consent of the Lessor. Consent shall not be withheld without just cause. The Lessor may make such granting of a security interest subject to conditions. The Lessee grants the Lessor an irrevocable authorisation to delete such security interests on the expiry date of the lease. SUBLEASE Sublease of the Leased Object, in full or in part, shall not be permitted without the prior written consent of the Lessor. Consent shall not be withheld without just cause. Any increased Value Added Tax burden on the part of the Lessor as the result of the sublease would always constitute just cause, unless the Lessee undertakes to indemnify the Lessor for any loss and costs incurred by the Lessor as the result of the sublease in accordance with Clause 10, and furnishes what is deemed by the Lessor to be adequate collateral in respect of its obligations. Furthermore, maintaining the activity profile/activity mix of the Property shall also constitute such just cause. A failure to respond to an application for consent under the provisions of this Clause 24 shall not be construed as consent.

Appears in 2 contracts

Samples: www.norskeiendom.org, www.norskeiendom.org

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VACATION OF THE PREMISES. Upon vacation of the premises, the Lessor shall immediately be granted access to the Leased ObjectExclusive Area. Upon vacation of the premises, the Lessee shall return the Leased Object in a tidy, clean, tidy and otherwise contractual clean state, with all windowpanes intact, and maintained in accordance with standards of good craftsmanship, and with all keys/entrance passes. If the maintenance obligation under Clause 15 has been met at normal intervals during the Lease Term, the Lessor accepts ordinary wear and tear until vacation of the premises. Any changes made by the Lessee during the Lease Term are governed by the regulations in Clause 17. The Lessor may repair any defects not repaired by the Lessee, for the account of the Lessee. If the Lessor does not make such repairs, the Lessee shall nevertheless compensate the Lessor for the costs that would have been incurred if such repairs had been made, irrespective of the use of the Leased Object following the Upon vacation of the premises. A joint inspection shall be conducted by , the Lessor may charge the Lessee for the cost of repairing any damage and the Lessor well ahead cost of the end of the Lease Term to agree any work additional cleaning that shall may be carried out in order to bring the Leased Object into the state required when it is vacatedrequired. The Lessor shall be entitled, for the last 12 months before vacation of the premises, to erect signs on the frontage with information to the effect that the Leased Object will become available for rent. The Lessee shall, during the same period and by prior notice, grant prospective lessees access to the Leased Object Exclusive Area for 3 days per week during ordinary office/business hours. The Lessee shall remove its possessions at its own expense no later than on the last day of the Lease Term. Any possessions that have not been removed are deemed to have been abandoned, and shall accrue to the Lessor. The Lessor may discard or remove any rubbish and possessions that the Lessee has left behind, for the account of the Lessee. REGISTRATION/GRANTING OF SECURITY INTERESTS The lease shall not be registered in the Register of Land Titles and Land Charges without the prior written consent of the Lessor. Consent shall not be withheld without just cause. A lease thus registered shall have no right of priority advancement, and shall concede priority to any new monetary encumbrances that the Lessor may arrange to have registered on the Property. The Lessee shall assist with the implementation of such priority concession. The Lessee grants the Lessor an irrevocable authorisation to delete such lease registration on the expiry date of the lease. Any costs associated with such registration and deregistration of the lease shall be for the account of the Lessee. No security interest shall be granted in the lease without the prior written consent of the Lessor. Consent shall not be withheld without just cause. The Lessor may make such granting of a security interest subject to conditions. The Lessee grants the Lessor an irrevocable authorisation to delete such security interests on the expiry date of the lease. SUBLEASE Sublease of the Leased Object, in full or in part, shall not be permitted without the prior written consent of the Lessor. Consent shall not be withheld without just cause. Any increased Value Added Tax burden on the part of the Lessor as the result of the sublease would always constitute just cause, unless the Lessee undertakes to indemnify the Lessor for any loss and costs incurred by the Lessor as the result of the sublease in accordance with Clause 10, and furnishes what is deemed by the Lessor to be adequate collateral in respect of its obligations. Furthermore, maintaining the activity profile/activity mix of the Property shall also constitute such just cause. A failure to respond to an application for consent under the provisions of this Clause 24 shall not be construed as consent.

Appears in 1 contract

Samples: www.norskeiendom.org

VACATION OF THE PREMISES. Upon vacation of the premises, the Lessor shall immediately be granted access to the Leased Object. Upon vacation of the premises, the Lessee shall return the Leased Object in a tidy, clean, and otherwise contractual state, with all windowpanes intact, and maintained in accordance with standards of good craftsmanship, and with all keys/entrance passes. If the maintenance obligation obligations under Clause Clauses 14 and 15 has have been met at normal intervals during the Lease Term, the Lessor accepts ordinary wear and tear until vacation of the premises. Any changes made by the Lessee during the Lease Term are governed by the regulations in Clause 17. The Lessor may repair any defects not repaired by the Lessee, for the account of the Lessee. If the Lessor does not make such repairs, the Lessee shall nevertheless compensate the Lessor for the costs that would have been incurred if such repairs had been made, irrespective of the use of the Leased Object following the vacation of the premises. A joint inspection shall be conducted by the Lessee and the Lessor well ahead of the end of the Lease Term to agree any work that shall be carried out in order to bring the Leased Object into the state required when it is vacated. The Lessor shall be entitled, for the last 12 months before vacation of the premises, to erect signs on the frontage with information to the effect that the Leased Object will become available for rent. The Lessee shall, during the same period and by prior notice, grant prospective lessees access to the Leased Object for 3 days per week during ordinary office/business hours. The Lessee shall remove its possessions at its own expense no later than on the last day of the Lease Term. Any possessions that have not been removed are deemed to have been abandoned, and shall accrue to the Lessor. The Lessor may discard or remove any rubbish and possessions that the Lessee has left behind, for the account of the Lessee. REGISTRATION/GRANTING OF SECURITY INTERESTS The lease shall not be registered in the Register of Land Titles and Land Charges without the prior written consent of the Lessor. Consent shall not be withheld without just cause. A lease thus registered shall have no right of priority advancement, and shall concede priority to any new monetary encumbrances that the Lessor may arrange to have registered on the Property. The Lessee shall assist with the implementation of such priority concession. The Lessee grants the Lessor an irrevocable authorisation to delete such lease registration on the expiry date of the lease. Any costs associated with such registration and deregistration of the lease shall be for the account of the Lessee. No security interest shall be granted in the lease without the prior written consent of the Lessor. Consent shall not be withheld without just cause. The Lessor may make such granting of a security interest subject to conditions. The Lessee grants the Lessor an irrevocable authorisation to delete such security interests on the expiry date of the lease. SUBLEASE Sublease of the Leased Object, in full or in part, shall not be permitted without the prior written consent of the Lessor. Consent shall not be withheld without just cause. Any increased Value Added Tax burden on the part of the Lessor as the result of the sublease would always constitute just cause, unless the Lessee undertakes to indemnify the Lessor for any loss and costs incurred by the Lessor as the result of the sublease in accordance with Clause 10, and furnishes what is deemed by the Lessor to be adequate collateral in respect of its obligations. Furthermore, maintaining the activity profile/activity mix of the Property shall also constitute such just cause. A failure to respond to an application for consent under the provisions of this Clause 24 shall not be construed as consent.

Appears in 1 contract

Samples: www.norskeiendom.org

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VACATION OF THE PREMISES. Upon vacation 20.1 The Lessee undertakes that upon expiration of the premisesTerm of Lease or upon the revocation of this Agreement for any reason whatsoever (in this Agreement: "Date of Vacation of the Premises"), it shall vacate the Premises and deliver possession therein to the Lessor, when the Premises are free of any person and object and clean and orderly as they were when it received them from the Lessor or in their state after completion of the Lessee's Works exclusive of reasonable wear and tear in consideration of the designation of the Premises. The Premises shall be returned to the Lessor after being repainted in the original color and free of any occupation, lease and/or other right of any third parties whatsoever including any refurbishment, improvement, addition, change, fixture even if not installed by the Lessor. Without derogating from the generality of the contents below, it is clarified that movables which are not affixed permanently to the Premises shall not be considered the Lessor's property, but rather the property of the Lessee. For the avoidance of doubt, it is clarified that any object and/or equipment and/or appliances and/or stock which does not fall within the definition of the Lessor's property pursuant to this Agreement and which remains in the Premises after the Lessee has vacated them, shall be deemed the Lessor's property upon the vacation and the Lessee renounces any contention and/or demand and/or claim in respect thereof. Notwithstanding the aforesaid, the Lessor shall immediately be granted access to parties agree that at the Leased Object. Upon vacation expiration of the premisesTerm of Lease, the Lessee shall return be permitted to dismantle installations that are permanently affixed to the Leased Object in a tidy, cleanPremises yet do not constitute part of the central systems of the Premises (inclusive of air conditioning apparatus which does not constitute part of the central air conditioning of the Premises), and otherwise contractual state, with all windowpanes intact, and maintained were installed in accordance with standards of good craftsmanship, and with all keys/entrance passes. If the maintenance obligation under Clause 15 has been met at normal intervals during the Lease Term, the Lessor accepts ordinary wear and tear until vacation of the premises. Any changes made by the Lessee during the Lease Term are governed by the regulations in Clause 17. The Lessor may repair any defects not repaired by the Lessee, for the account of the Lessee. If the Lessor does not make such repairs, the Lessee shall nevertheless compensate the Lessor for the costs that would have been incurred if such repairs had been made, irrespective of the use of the Leased Object following the vacation of the premises. A joint inspection shall be conducted Premises by the Lessee and the Lessor well ahead of the end of the Lease Term to agree any work that shall be carried out in order to bring the Leased Object into the state required when it is vacated. The Lessor shall be entitled, for the last 12 months before vacation of the premises, to erect signs on the frontage with information to the effect that the Leased Object will become available for rent. The Lessee shall, during the same period and by prior notice, grant prospective lessees access to the Leased Object for 3 days per week during ordinary office/business hours. The Lessee shall remove its possessions at its own expense no later than on the last day of the Lease Term. Any possessions that have not been removed are deemed to have been abandonedexpense, and shall accrue to the Lessor. The Lessor may discard or remove any rubbish and possessions provided that the Lessee has left behindshall repair any damage that is caused to the Premises, for due to the account dismantling of the Lessee. REGISTRATION/GRANTING OF SECURITY INTERESTS The lease shall not be registered in the Register of Land Titles and Land Charges without the prior written consent of the Lessor. Consent shall not be withheld without just cause. A lease thus registered shall have no right of priority advancement, and shall concede priority to any new monetary encumbrances that the Lessor may arrange to have registered on the Property. The Lessee shall assist with the implementation of such priority concession. The Lessee grants the Lessor an irrevocable authorisation to delete such lease registration on the expiry date of the lease. Any costs associated with such registration and deregistration of the lease shall be for the account of the Lessee. No security interest shall be granted in the lease without the prior written consent of the Lessor. Consent shall not be withheld without just cause. The Lessor may make such granting of a security interest subject to conditions. The Lessee grants the Lessor an irrevocable authorisation to delete such security interests on the expiry date of the lease. SUBLEASE Sublease of the Leased Object, in full or in part, shall not be permitted without the prior written consent of the Lessor. Consent shall not be withheld without just cause. Any increased Value Added Tax burden on the part of the Lessor installations as the result of the sublease would always constitute just cause, unless the Lessee undertakes to indemnify the Lessor for any loss and costs incurred by the Lessor as the result of the sublease in accordance with Clause 10, and furnishes what is deemed by the Lessor to be adequate collateral in respect of its obligations. Furthermore, maintaining the activity profile/activity mix of the Property shall also constitute such just cause. A failure to respond to an application for consent under the provisions of this Clause 24 shall not be construed as consentaforesaid.

Appears in 1 contract

Samples: Management Agreement (Terayon Communication Systems)

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