Surrender of Leased Property. Tenant shall on the last day of the Term, or upon the sooner termination of this Lease, peaceably and quietly surrender the Leased Property to Landlord, in good repair and in good, safe and substantial order and condition, and, further, in at least as good condition as when the Leased Property was received, ordinary wear and tear and damage by fire, Casualty or Condemnation excepted.
Surrender of Leased Property. Unless the Lease shall have been ---------------------------- terminated pursuant to the provisions of Article 14, Tenant shall, upon the ---------- expiration or prior termination of the Term, vacate and surrender the Leased Property to Landlord in the condition in which the Leased Property was originally received from Landlord, except as repaired, rebuilt, restored, altered or added to as permitted or required by the provisions of this Lease and except for ordinary wear and tear (subject to the obligation of Tenant to maintain the Leased Property in good order and repair during the entire Term of the Lease).
Surrender of Leased Property. At the expiration of the Lease term, the Tenant shall surrender the leased property in as good condition as it was at the beginning of the term, normal wear and tear excepted.
Surrender of Leased Property. In the event the County should default under this Lease and the Lease Term is terminated or in the event of a termination of this Lease pursuant to Section 4.06 hereof, the County agrees to surrender possession of the Leased Property peaceably and promptly to BB&T in as good condition as prevailed at the time it was put in full possession thereof, loss by fire or other casualty covered by insurance, ordinary wear and tear, obsolescence and acts of God excepted.
Surrender of Leased Property. BB&T agrees that upon the termination of this Site Agreement it will surrender the Leased Property to the County free and clear of all liens and encumbrances, except Permitted Encumbrances (other than this Site Agreement), and all right, title and interest of BB&T or any sublessee or assignee in and to the Leased Property, including any and all improvements and fixtures which shall at the time be situated thereon or attached thereto, shall vest in the County. BB&T and any sublessee or assignee shall execute and deliver, upon request by the County, any instrument of transfer, conveyance or release necessary or appropriate to confirm the vesting of such right, title and interest in the County. If the Leased Property has been subleased by BB&T pursuant to a New Sublease, upon termination of this Site Agreement any New Sublease, by the terms thereof, shall also terminate.
Surrender of Leased Property. The rights and interests of Tenant in all or any portion of the Leased Property pursuant to this Lease, and the rights and interests of any Subtenant or any other party claiming any right or interest in all or any portion of the Leased Property by or through Tenant, shall terminate upon the expiration or earlier termination (including rejection in bankruptcy) of this Lease, and at such time, Tenant and all Subtenants must peaceably surrender all or any portion of the Leased Property then in their possession to MAC (unless a Renewal Lease or new lease is issued and executed pursuant to Section 2.2 [Renewal Term] or Section 2.3 [Right of First Refusal], respectively, of this Lease). Prior to surrendering possession of all or any portion of the Leased Property to MAC, Tenant and any Subtenants must, at their expense:
Surrender of Leased Property. Lessee shall, upon any expiration or earlier termination of this Lease peaceably vacate and surrender to Lessor the Leased Property in good order, condition and repair (ordinary wear and tear, and damage, destruction, successful assertions of title paramount and Takings referred to in sections 21 and 25 excepted) except as permitted by sections 23 and 24.
Surrender of Leased Property. (a) Upon the expiration of the Term or earlier termination, but only if mutually agreed upon or determined by an final order from a court with jurisdiction from which the time for appeal has expired or an arbitration panel, of this Lease, title to Developer Improvements (other than the public parking portion of the Parking Garage), free and clear of all debts, mortgages, encumbrances, and liens (which for this purpose shall include all personal property or equipment furnished or installed on the Project and owned or leased by Developer), shall automatically pass to, vest in and belong to the City or its successor in ownership and it shall be lawful for the City or its successor in ownership to re-enter and repossess the Leased Property and Developer Improvements (other than the public parking portion of the Parking Garage) thereon without process of law; and
Surrender of Leased Property. (a) Upon the expiration of the Term, or earlier termination of this Lease if mutually agreed upon or determined by a final order from a court with jurisdiction from which the time for appeal has expired, title to Lessee Improvements which for this purpose shall include all fixtures and personal property or equipment furnished or installed in or associated with the Complex and owned or leased by SAMP, which shall be free and clear of all debts, mortgages, encumbrances, liens, and violations of any Governmental Approvals or Environmental Permits, in any material respect, shall automatically pass to, vest in and belong to the City or its successor in ownership and it shall be lawful for the City or its successor in ownership to re- enter and repossess the Complex, the Leased Property and Lessee Improvements without process of law; and
Surrender of Leased Property. Upon the expiration or earlier termination of this Lease, Lessee shall peaceably surrender to Lessor and place Lessor in peaceful possession of the Leased Property (and shall assign and transfer to Lessor any extended, renewed or replacement lease included in the Leased Property pursuant to Section 2.6(1)), including all Alterations, improvements and changes (except as provided in Section 16.2), free and clear of any and all Liens (except Permitted Encumbrances under clauses (b), (c) or (d) of the definition of Permitted Encumbrances) created by or growing out of Lessee's construction, improvement, modification, repair, maintenance, operation, possession or use thereof, in the same condition that the Leased Property was in at the Effective Time, subject only to (i) ordinary and customary wear and tear and (ii) damage resulting from fire or other casualty; provided that all insurance proceeds with respect to such casualty have been deposited with Lessor or are applied to the Work with respect thereto in accordance with Section 15.3. Lessee, at Lessee's sole cost and expense, shall be obligated to cause the Leased Property so surrendered to Lessor pursuant to this Section to constitute and contain all assets necessary for Lessor to conduct, as a separate economic operating unit, substantially the same business and pipeline system and terminal configurations on the Leased Property that was conducted on the Leased Property on the Closing Date. If this Lease expires or is terminated for any reason, other than the exercise of the Option, Lessee shall immediately (a) transfer and assign to Lessor all assignable Environmental Permits for the Leased Property in effect at that time, (b) transfer and deliver to Lessor all files, books and records of Lessee related to the operation, construction, maintenance, or repair of the Leased Property (including plans, operational manuals and operational files, but excluding any marketing, financial and tax (except property tax) records and any litigation and other legal department records subject to work product, attorney-client or other privilege), (c) at Lessor's option, reassign, convey, transfer, and deliver to Lessor any Assigned Contracts (as amended and to the extent then in existence) and any third party warranties, guarantees, indemnities, and claims related to the Leased Property, and (d) at Lessor's option, enter into an operating or transition services agreement with Lessor under which Lessee would provide to Lesso...
