Voluntary Surrender. The voluntary or other surrender of this Lease by Tenant if accepted by Landlord, or a mutual cancellation thereof, shall not work a merger, but shall, at the option of Landlord, terminate all or any existing subleases or subtenancies, or operate as an assignment to Landlord of any or all such subleases or subtenancies.
Voluntary Surrender. The voluntary or other surrender of this Lease by Tenant, or a mutual cancellation thereof, shall not work a merger, and shall, at the sole option of Landlord, terminate all or any existing subleases or subtenancies, or may, at the sole option of Landlord, operate as an assignment to Landlord of any or all such subleases or subtenancies; provided however, that if Landlord elects to treat such termination as an assignment of any such sublease, Landlord shall have no obligation or liability to the subtenant thereunder for any claim, damage or injury which accrued prior to the date of surrender or mutual cancellation hereunder.
Voluntary Surrender. 11ter.1 Shipper may voluntarily surrender Firm Monthly Capacity to Carrier, who will offer it to the market via an electronic auction platform. In order to surrender such capacity, Shipper shall submit to Carrier the “Voluntary Surrender” form (Annex F) completed and duly signed between 60 (sixty) and 40 (forty) calendar days before the start of the Month relevant to this capacity. The form shall be sent to the email address indicated in the Annex B of this Agreement as ‘Communications relevant to GC 11bis. and GC 11ter’.
Voluntary Surrender. The department may permit a motor vehicle dealer up to 30 days to sell motor vehicles in the dealer’s possession at the time the dealer voluntarily surrenders his or her license, provided:
Voluntary Surrender. The voluntary or other surrender of this Lease by Lessee, or a mutual cancellation thereof, shall not work a merger, but shall, at the option of Lessor, terminate all or any existing subleases or subtenancies, or operate as an assignment to Lessor of any or all such subleases or subtenancies.
Voluntary Surrender. Upon the occurrence of any event of default, the Maker will immediately and voluntarily surrender to the Holder, all of the assets pledged to secure this Note without further notice or demand by the Holder, free and clear of any encumbrances.
Voluntary Surrender. Clients that wish to voluntarily surrender their vehicle need to pay for an inspection of that vehicle ($54.50 fee). The inspection will then go to the Wheels to Work vehicle repair committee. Based on how the vehicle was maintained, the committee will decide if they would like to keep the vehicle in the program to be re-awarded to another client. If it is able to be re-awarded, the client will have no additional expense to voluntarily surrender the vehicle (besides inspection mentioned). If the returned vehicle has not been properly maintained, the client has two options: keep the vehicle and continue their payments as stated in their contract; surrender the vehicle, at which point WATEA will take the car to auction. The amount received at auction will be applied to the client’s loan. The client will then be responsible for the remaining amount (if any) still in arrears. WATEA may pursue these monies up to and including taking legal action.
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Voluntary Surrender. AngloGold may at any time surrender all or part of the Leased Area by providing to the TLO a recordable instrument effecting the same not less than ninety (90) days prior to the end of the Lease Year; provided, however, that partial surrender of any portion of the Leased Area may not unduly affect the manageability of either the remaining Leased Area or the surrendered portion (compared to the manageability of such portions on the Effective Date). Upon receipt by the TLO of a recordable instrument effecting a surrender of all of the Leased Area, or upon receipt and acceptance by the TLO of a recordable instrument effecting a surrender of part of the Leased Area, all rights, obligations, and liabilities of AngloGold under this Lease with respect to the surrendered portion of the Leased Area shall cease except for rights, obligations, and liabilities that accrued prior to such surrender and except as provided by Paragraph 18 hereof.
Voluntary Surrender. Lessor shall not accept any voluntary surrender of the Lease by Lessee at any time that a Leasehold Mortgage is in effect.
