Lease Expiration. 16 17.1 Condition at End of Lease. 16 17.2 Holding Over. 17 18. LIENS AND ESTOPPEL CERTIFICATES 17 18.1 Liens. 17 18.2 Lien Contests. 17 18.3 Estoppel Certificates. 17
Lease Expiration. At the end of the Term, Lessee shall immediately and peaceably vacate the leased premises. Any and all Leasehold Improvements and/or constructed and/or attached by Lessee on the Leased Premises shall become the property of SRA, unless removed in accordance with Section 6.3 herein. Lessee agrees to execute any and all documents necessary to convey title to any such improvement/fixture to SRA at said time.
Lease Expiration. Tenant must vacate the premises promptly at the conclusion of the lease term. No holdover tenancy whatsoever shall be allowed, and Tenant shall be responsible for liquidated damages at the daily rate of 1/5th of the then current monthly market rate plus reasonable attorney's fees as allowable by law. Tenant will also be liable for any damages including hotel/motel and restaurant expenses for the new tenant. Collection of liquidated damages will not create a tenancy. Any person who refuses to vacate the premises at the expiration of the lease term as specified may be evicted without further notice as allowed by law. Statutory Lease Termination. As provided in MCLA 554.601a, if Tenant has occupied the premises for more than 13 months, Tenant may terminate this lease by 60-day written notice to Landlord if (a) Tenant becomes eligible during the lease term to take possession of a subsidized rental unit in senior citizen housing and provides Landlord with written proof of that eligibility; and/or (b) Tenant becomes incapable during the lease term of liv- ing independently, as certified by a physician in a notarized statement. Forfeiture of Lease. Landlord may terminate Tenant's right to occupancy under this Lease:
Lease Expiration. Upon lease expiration, an owner may renew the lease or refuse to renew the lease for good cause. In addition, the owner may refuse to renew the lease without good cause, in which case the PHA will provide the family with a tenant-based voucher, and the unit will be removed from the PBV HAP contract.
Lease Expiration d. Unexercised Extension Options (Y/N): ---------------------------------------------------------------- -If Yes, # of Options/Term (i.e. 1-3 yrs): --------------------------------------------------------------- -Terms: ----------------------------------------------------------------------------
Lease Expiration. In the event the term of any real property lease included in the Leased Property expires after the Effective Time and prior to the earlier of the closing of the Option or the termination of this Lease, Lessee, at Lessee's cost and expense, agrees to use all reasonable commercial efforts to extend or renew such lease (or obtain a replacement lease) on terms and conditions substantially similar to the currently existing terms and conditions of such lease; provided that, Lessee shall not be obligated to extend, renew or replace any real property lease that is not necessary for Lessee to comply with Lessee's obligations under Article 16. Any such extended, renewed or new real property lease which is on terms and conditions substantially similar to the currently existing terms and conditions of such lease (or which is approved by Lessor) shall be considered to be part of the Leased Property. Any such extended, renewed or new real property lease which is not on terms and conditions substantially similar to the currently existing terms and conditions of such lease and is not approved by Lessor shall not be considered to be part of the Leased Property; provided, however, Lessor shall have the option, exercisable within 30 days after the termination of this Lease (other than by reason of the closing of the Option), to elect to cause such extended, renewed or new lease to be deemed to have been part of the Leased Property. Lessee assumes all risk of acquiring any extension, renewal or replacement of a real or personal property lease that expires after the Effective Time and, notwithstanding any other provision of this Lease, Lessor shall not have any liability to Lessee if Lessee is unable to acquire an extension, renewal or replacement of any such expired real or personal property lease on similar or reasonable terms.
Lease Expiration. (a) Upon the expiration of the Lease Term, if the Purchase Option is not exercised, the Tenant shall surrender all the Theatre Properties under this Lease to the Landlord as required under this Lease.
Lease Expiration. 25.1 In the event PCS Nitrogen Fertilizer Operations, Inc. has not purchased all Property and Equipment under this Lease pursuant to the Purchase Option and the Lessee desires to terminate this Lease with respect to such Property and Equipment, the Lessee shall provide notice to Lessor of such intention at least five (5) months prior to the expiration of the Lease Term.
Lease Expiration. In the event an oil, Gas and/or mineral lease or other type of interest pursuant to which Supplier derives its Interest in all or portions of the Dedicated Acreage and/or Dedicated Wxxxx should terminate before the expiration of this Agreement, then this Agreement shall be canceled contemporaneously with such termination, but only as to the lands and wxxxx which were subject to said lease or
Lease Expiration. If the Lessee does not renew the lease upon the expiration date, it shall, upon termination of this Agreement, vacate and return the Property in the same condition that it was received, less reasonable wear and tear, and other damages beyond the Lessee’s control. This term is accepted subject to the unusual, unavoidable condition such as strike, fires, or cause beyond our control, under which both sides have no obligation to this lease.
