Lease Termination Agreement Sample Clauses

Lease Termination Agreement. Notwithstanding anything to the contrary contained in this Lease, Tenant understands and agrees to the following Lease Termination conditions. Tenant agrees to provide written notice to Landlord no less than ninety (90) nor more than one hundred twenty (120) days prior to the expiration of the Lease Term, requesting Landlord to inform Tenant whether or not Landlord desires to have any of such Alterations by Tenant removed at Lease Termination. Following receipt of such notice, Landlord may elect to have all or a portion of such Alterations removed from the Premises at Lease Termination, and Tenant shall, at its sole cost and expense, remove at Lease Termination such Alterations designated by Landlord for removal and repair all damage to the Premises and Common Area arising from such removal. In addition, no less than thirty (30) days prior to the expiration of the Lease Term, Tenant agrees to provide written notice to Landlord to schedule and conduct a walk-through inspection of the Premises to insure that the agreed upon restoration is in process and including all Tenant work required to return the Premises in good condition defined in Section 35. In the event Tenant fails to request Landlord's decision, or fails to notify Landlord regarding the walk-through inspection, or fails to remove any such Alternations designated by Landlord for removal at Lease Termination, then Landlord may remove any Alterations made to the Premises by Tenant and repair all damage to the Premises and Common Area arising from such removal, and may recover from Tenant all reasonable costs and expense incurred thereby, including a holding over rate defined in Section 20 of the Lease Agreement for a period not to exceed ninety (90) days. In addition to all other costs and expenses Tenant is obligated to pay, Tenant shall also pay the holding over rate until Landlord's completion of the removal of Alterations and repair of all damage to the Premises and Common Area arising from such removal, which shall be prorated on thirty (30) days per month. Tenant's failure to surrender the Premises to Landlord in good condition on the last day of the Lease Term or upon sooner termination of this Lease, shall also be subject to the holding over rate defined in Section 20. Tenant's obligation to pay such costs and expenses to Landlord shall survive Lease Termination. Unless Landlord elects to have Tenant remove (or, upon Tenant's failure to obtain Landlord's decision, Landlord removes) any such ...
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Lease Termination Agreement. Upon the expiration or earlier termination of this Lease, Lessee and Lessor will duly execute and deliver a Lease Termination Agreement in the form attached hereto as Exhibit "C".
Lease Termination Agreement a lease termination agreement in the form of Schedule 9 duly executed by Lessee but undated (the “Lease Termination Agreement”);
Lease Termination Agreement. A Lease Termination Agreement between Seller and Purchaser, duly executed and acknowledged by Purchaser, terminating the Leases for the 15 and 16 Exxxxxxxx Xxxxx xxxmises;
Lease Termination Agreement. At Closing, Purchaser, Seller and Restaurant Tenant shall enter the Lease Termination Agreement whereby the current lease to the Restaurant Tenant is terminated, and such other covenants and agreements as acceptable to Purchaser, Seller and Restaurant Tenant.
Lease Termination Agreement. Purchaser’s execution to the Lease Termination Agreement.
Lease Termination Agreement. The Lease Termination Agreement shall have been executed and delivered by the Company.
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Lease Termination Agreement. A Lease Termination Agreement executed by Seller and Buyer pertaining to the existing Lease Agreements affecting the Real Property, whereby each party releases the other from any and all existing and future claims, whether known or unknown, pending or threatened, actual or contingent, that arise out of or are related to the Lease Agreements or the lease or use of the Real Property in general.
Lease Termination Agreement. At Closing Developer shall execute, and cause Gateway Joint Venture to execute, an agreement terminating the Lease and the Lease Development Agreement.
Lease Termination Agreement. Buyer shall execute an agreement terminating the Lease and Lease Development Agreement.
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