Common use of ACCEPTANCE OF PREMISES AND COVENANTS TO SURRENDER Clause in Contracts

ACCEPTANCE OF PREMISES AND COVENANTS TO SURRENDER. Lessee accepts the Premises in an "AS IS" condition and "AS IS" state of repair, subject to Lessor's representation that the Premises are in good order and repair, and comply with all requirements for occupancy as of the Commencement Date. Lessee agrees on the last day of the Lease Term, or on the sooner termination of this Lease, to surrender the Premises to Lessor in Good Condition and Repair. Good Condition and Repair ("Good Condition and Repair") shall not mean original condition, but shall mean that the Premises are in a commercially acceptable condition suitable for occupancy by a reasonable lessee. The interior walls of all office and warehouse areas, the floors of all office and warehouse areas, all suspended ceilings and any carpeting are to be cleaned and in Good Condition and Repair. Lessee, on or before the end of the Lease Term or sooner termination of this Lease, shall remove all its personal property and trade fixtures from the Premises, and all such property not so removed shall be deemed to be abandoned by Lessee. Lessee shall reimburse Lessor for all disposition costs incurred by Lessor relative to Lessee's abandoned property. If the Premises are not surrendered at the end of the Lease Term or earlier termination of this Lease, Lessee shall indemnify Lessor against loss or liability resulting from any delay caused by Lessee in surrendering the Premises including, without limitation, any claims made by any succeeding Lessee founded on such delay.

ACCEPTANCE OF PREMISES AND COVENANTS TO SURRENDER. Lessee By entry hereunder, Tenant accepts the Premises as being in an "AS IS" good and sanitary order, condition and "AS ISrepair and accepts the Building and the other improvements in their present condition, except for a"punch list" state of repair, subject delivered by Tenant to LessorLandlord within five (5) business days after Tenant's representation that entry onto the Premises are in good order and repair, and comply with all requirements for occupancy as of the Commencement DatePremises. Lessee The Tenant agrees on the last day of the Lease Termterm hereof, or on the sooner termination of this Lease, to surrender the Premises to Lessor unto Landlord in Good Condition good condition and Repairrepair, reasonable wear and tear excepted. Good Condition and Repair ("Good Condition and Repair") shall not mean original condition, but " shall mean that the Premises are in a commercially acceptable condition suitable for occupancy by a reasonable lessee. The interior walls of all office and warehouse areas, the floors of all office and warehouse areas, all suspended ceilings and any carpeting are to will be cleaned to the same condition as existed at the commencement of the Lease, normal wear and in Good Condition and Repairtear excepted. Lessee, on or Tenant shall ascertain from Landlord within thirty (30) days before the end of the Lease Term or sooner termination term of this LeaseLease whether Landlord desires to have the Premises or any part or parts thereof restored to their condition as of the commencement of this Lease or to cause Tenant to surrender all alterations, additions, and improvements in place to Landlord. If Landlord shall so desire, then Tenant shall remove all its personal property and trade fixtures from the Premisessuch alterations, additions, and all such property not so removed improvements as Landlord may require and shall be deemed to be abandoned by Lessee. Lessee shall reimburse Lessor for all disposition costs incurred by Lessor relative to Lessee's abandoned property. If the Premises are not surrendered at the end of the Lease Term or earlier termination of this Lease, Lessee shall indemnify Lessor against loss or liability resulting from any delay caused by Lessee in surrendering the Premises including, without limitation, any claims made by any succeeding Lessee founded on such delay.repair and