Common use of Condition of Premises at End of Term Clause in Contracts

Condition of Premises at End of Term. At the end of the Term, by lapse of time or otherwise. Tenant shall deliver the Premises to Landlord broom clean and in good order and repair except for ordinary wear and tear and damage caused by insured casualty losses and acts of God. If Tenant does not so deliver the Premises, Landlord may restore the Premises to such condition following Tenant's surrender of possession and Tenant shall pay the cost thereof, plus an administrative fee equal to fifteen percent (15%) of the cost thereof. Unless the same are removed by Tenant prior to the end of the Term, all installations, alterations, additions and improvements, including partitions which may have been installed by either Landlord or Tenant, shall remain upon the Premises and shall become Landlord's property, all without compensation, allowance or credit. If Tenant elects to remove any alterations, additions or improvements at the expiration or termination of this Lease, Tenant shall repair all damage caused by such removal. Tenant shall be obligated to remove, at the expiration or termination of this Lease all, alterations, additions or improvements the installation of which was not consented to by Landlord. Tenant's movable office equipment, furniture, furnishings and artwork shall remain Tenant's property, and Tenant shall have the right prior to the end of the Term to remove the same, if no uncured event of default then exists. Tenant's goods, effects, personal property, business and trade fixtures, machinery and equipment not removed at the end of the Term (or within one (1) week after entry of a final unappealable order of possession of the Premises to Landlord by a court of competent jurisdiction, and provided that during such time Landlord has not hindered or impeded Tenant's efforts to remove such property from the Premises by reason of Tenant's default) shall be considered abandoned, and Landlord may dispose of the same in such commercially reasonable manner as Landlord deems expedient after ten (10) days' prior written notice to Tenant.

Condition of Premises at End of Term. At the end of the Term, by lapse of time or otherwise, Tenant shall deliver the Premises to Landlord in its Base Building condition except for those alterations, additions and improvements thereto which Landlord agrees to accept, normal wear and tear, insured casualty losses and acts of God. Tenant shall deliver the Premises to Landlord broom clean and in good order and repair except for ordinary wear and tear and damage caused by insured casualty losses and acts of Godtear. If Tenant does not so deliver the Premises, Landlord may restore the Premises to such condition following Tenant's surrender of possession and Tenant shall pay the cost thereof, plus an administrative fee equal to fifteen percent (15%) of the cost thereof. Unless the same are may be removed by Tenant prior without damage to the end of the TermPremises (in which event Tenant may, at its option, so remove them), all installations, alterations, additions and improvements, including partitions which may have been installed by either Landlord or Tenant, shall remain upon the Premises and shall become Landlord's property, all without compensation, allowance or credit. If Tenant elects to remove any alterations, additions or improvements at the expiration or termination of this Lease, Tenant shall repair all damage caused by such removal. Tenant shall be obligated to remove, at the expiration or termination of this Lease all, alterations, additions or improvements the installation of which was not consented to by Landlord. Tenant's movable office equipment, furniture, furnishings and artwork shall remain Tenant's property, and Tenant shall have the right prior to the end of the Term to remove the same, if no uncured event of default then exists. Tenant's goods, effects, personal property, business and trade fixtures, machinery and equipment not removed at the end of the Term (or within one (1) week after entry of a final unappealable order of possession of the Premises to Landlord by a court of competent jurisdiction, and provided that during such time Landlord has not hindered or impeded Tenant's efforts to remove such property from the Premises by reason of Tenant's default) shall be considered abandoned, and Landlord may dispose of the same in such commercially reasonable manner as Landlord deems expedient after ten (10) days' prior written notice to Tenant.

Condition of Premises at End of Term. At the end of the Term, by lapse of time or otherwise. , Tenant shall deliver the Premises to Landlord in its base building condition, broom clean and in good order and repair order, except for ordinary the following: the Tenant Improvements; those alterations, additions and improvements thereto which Landlord hereafter accepts; normal wear and tear and damage caused by tear; insured casualty losses losses; conditions existing due to the negligent or willful acts of Landlord and its agents, and acts of God. Notwithstanding anything to the contrary herein, Tenant shall remove any and all data, telephone or other cabling installed in connection with Tenant’s occupancy of the Premises at the end of the Term. If Tenant does not so deliver the Premises, Landlord may restore the Premises to such condition following Tenant's ’s surrender of possession possession, and Tenant shall pay the cost thereof, plus an administrative fee equal to fifteen percent (15%) of the reasonable cost thereof. Unless Landlord directs Tenant to remove such installations, alterations, additions or improvements (in which event Tenant shall so remove them and shall restore the same are removed by Tenant prior Premises to the end of the Termits base building condition, excepting Landlord’s Work), all installations, alterations, additions and improvements, including partitions which may have been installed by either Landlord or Tenant, shall remain upon the Premises and shall become Landlord's ’s property, all without compensation, allowance or credit. If Tenant elects shall reimburse Landlord for any damage to remove any alterationsportion of the Building or the Premises caused by the removal of any Alterations, additions or improvements at made to the expiration or termination of this Lease, Tenant shall repair all damage caused by such removal. Tenant shall be obligated to remove, at the expiration or termination of this Lease all, alterations, additions or improvements the installation of which was not consented to by LandlordPremises. Tenant's ’s movable office equipment, furniture, furnishings and artwork which can be removed without damage to the Building shall remain Tenant's ’s property, and Tenant shall have the right prior to the end of the Term to remove the same, if no uncured event of default then exists. Tenant's ’s goods, effects, personal property, business and trade fixtures, machinery and equipment not removed at the end of the Term (or within one (1) week after entry of a final unappealable order of awarding possession of the Premises to Landlord by a court of competent jurisdiction, and provided that during such time Landlord has not hindered or impeded Tenant's ’s efforts to remove such property from the Premises by reason of Tenant's ’s default) shall be considered abandoned, and Landlord may appropriate such items for itself, sell such items or otherwise dispose of the same in such commercially reasonable manner as Landlord deems expedient after ten (10) days' ’ prior written notice to Tenant without any liability to Tenant.

Condition of Premises at End of Term. At On the end of the TermExpiration Date, by lapse of time or otherwise. Tenant shall deliver the Premises quit and surrender to Landlord the Premises, vacant, broom clean and clean, in good order and repair except for condition, ordinary wear and tear and damage caused by insured casualty losses for which Tenant is not responsible under the terms of this Lease excepted, and acts otherwise in compliance with the provisions of GodArticle 4 hereof. If In addition, on the Expiration Date, Tenant does not so shall deliver to Landlord the keys to (i) the Premises, and (ii) if the Premises do not constitute the entire rentable area on any floor of the Building, the core bathrooms. If the last day of the Term or any renewal thereof falls on Saturday or Sunday, this Lease shall expire on the Business Day immediately preceding. Tenant expressly waives, for itself and for any person claiming through or under Tenant, any rights which Tenant or any such person may have under the provisions of Section 2201 of the New York Civil Practice Law and Rules and of any successor law of like import then in force in connection with any holdover summary proceedings which Landlord may restore institute to enforce the foregoing provisions of this Article 19. Tenant acknowledges that possession of the Premises must be surrendered to Landlord on the Expiration Date. Tenant agrees to indemnify and save Landlord harmless from and against all claims, losses, damages, liabilities, costs and expenses (including, without limitation, attorneys' fees and disbursements) resulting from delay by Tenant in so surrendering the Premises, including, without limitation, any claims made by any succeeding tenant founded on such condition following delay. The parties recognize and agree that the damage to Landlord resulting from any failure by Tenant to timely surrender possession of the Premises as aforesaid will be extremely substantial, will exceed the amount of the monthly installments of the Fixed Rent and Rental theretofore payable hereunder, and will be impossible to accurately measure. Tenant therefore agrees that if possession of the Premises is not surrendered to Landlord within twenty-four (24) hours after the Expiration Date, in addition to any other rights or remedies Landlord may have hereunder or at law, and without in any manner limiting Landlord's right to demonstrate and collect any damages suffered by Landlord and arising from Tenant's failure to surrender of possession and the Premises as provided herein, Tenant shall pay to Landlord on account of use and occupancy of the cost thereofPremises for each month and for each portion of any month during which Tenant holds over in the Premises after the Expiration Date, plus an administrative fee a sum equal to fifteen percent the greater of (15%i) two (2) times the aggregate of that portion of the cost thereof. Unless Fixed Rent, Escalation Rent and Rental which was payable under this Lease during the same are removed by Tenant prior to the end last month of the Term, all installations, alterations, additions and improvements, including partitions which may have been installed by either Landlord or Tenant, shall remain upon (ii) two (2) times the Premises and shall become Landlord's property, all without compensation, allowance or creditthen fair market rental value for the Premises. If Tenant elects to remove any alterations, additions or improvements at the expiration or termination of this Lease, Tenant shall repair all damage caused by such removal. Tenant Nothing herein contained shall be obligated deemed to remove, at the expiration or termination of this Lease all, alterations, additions or improvements the installation of which was not consented permit Tenant to by Landlord. Tenant's movable office equipment, furniture, furnishings and artwork shall remain Tenant's property, and Tenant shall have the right prior to the end of the Term to remove the same, if no uncured event of default then exists. Tenant's goods, effects, personal property, business and trade fixtures, machinery and equipment not removed at the end of the Term (or within one (1) week after entry of a final unappealable order of retain possession of the Premises after the Expiration Date or to Landlord by a court limit in any manner Landlord's right to regain possession of competent jurisdictionthe Premises through summary proceedings, or otherwise, and provided that during such time no acceptance by Landlord has not hindered or impeded Tenant's efforts to remove such property of payments from Tenant after the Premises by reason of Tenant's default) Expiration Date shall be considered abandoned, and Landlord may dispose deemed to be other than on account of the same amount to be paid by Tenant in such commercially reasonable manner as Landlord deems expedient after ten (10) days' prior written notice to Tenantaccordance with the provisions of this Article 19. The provisions of this Article 19 shall survive the Expiration Date.