Abandoned Articles Sample Clauses

The Abandoned Articles clause defines the rights and responsibilities regarding property or items left behind by a party after the end of a contract or upon vacating premises. Typically, this clause outlines the procedures for notifying the owner of the abandoned items, the time frame for retrieval, and the actions the other party may take if the items are not claimed, such as disposal or sale. Its core function is to prevent disputes and clarify the process for handling unclaimed property, ensuring both parties understand their obligations and rights in such situations.
Abandoned Articles. All articles left in or upon the premises by the tenant upon termination of the lease for any reason shall be disposed of by the landlord as becomes necessary and in a manner as landlord may see fit and proper, and without recourse by the tenant. The landlord herein is further given the right to use the tenants’ security deposit to cover the landlord's expenses in disposing of the tenant's articles.
View SourceView Similar (3)
Abandoned Articles. In the event that the Article (i) cannot be delivered to the Buyer due to Buyer’s fault or (ii) the Buyer does not pick up the Article from the location the Article is delivered at, the Supplier may dispose the Article at its sole discretion; the Supplier shall not be held liable for any loss or damage that the Buyer may suffer as a result of the disposal of the Article.
View Source
Abandoned Articles. All articles left in or upon the premises by the tenant upon termination of the lease for any reason shall be disposed of by the landlord as becomes necessary and in a manner as landlord may see fit and proper, and without recourse by the tenant. The landlord herein is further given the right to use the tenants’ security deposit to cover the landlord's expenses in disposing of the tenant's articles. NO HOLDOVER IS ALLOWED. THE RATE OF RENT FOR ANY HOLDOVER IS DOUBLE THE MONTHLY RENT PRORATED PER DAY. (WHEN LEASE TERM IS OVER NO EXTENSION ALLOWED-NO HOLDOVER)
View Source

Related to Abandoned Articles

  • Restated Articles The Restated Articles shall have been filed with the Secretary of State of the State of California.

  • Memorandum and Articles The Memorandum and Articles, in the forms attached hereto as Exhibit A, shall have been duly adopted by all necessary action of the Board of Directors and the members of the Company, and such adoption shall have become effective on or prior to the Closing with no alternation or amendment as of the Closing.

  • Organization and Standing; Articles and Bylaws The Company is a ---------------------------------------------- corporation duly organized and validly existing under, and by virtue of, the laws of the State of Delaware and is in good standing under such laws. The Company has the requisite corporate power to own and operate its properties and assets and to carry on its business as presently conducted and as proposed to be conducted.

  • Certificate of Incorporation, Bylaws, and Minute Books Copies of the Certificate of Incorporation and of the other corporate documents of Concept X which will be delivered to GMEC are true, correct and complete copies thereof. The minute books of Concept X which will be made available for inspection contain accurate minutes of all meetings and accurate consents in lieu of meetings of the Board of Directors (and any committee thereof) and of the Shareholder of Concept X since the date of incorporation and accurately reflect all transactions referred to in such minutes and consents in lieu of meetings.

  • ARTICLES a. Additional Terms and Conditions, Section Term of Contract, of the ORIGINAL CONTRACT is amended to read in its entirety as follows: