Common use of Condition on Expiration Clause in Contracts

Condition on Expiration. At the expiration or earlier termination of the Term, Tenant (and all persons claiming through Tenant) shall without the necessity of notice vacate and surrender the Premises broom-clean and in good and tenantable condition reasonable wear and tear excepted. As part of such delivery, Tenant shall also provide all keys (or lock combinations, codes or electronic passes) to the Premises; remove all signs regardless of date of installation wherever located and all Tenant Work except for any items of such Work that Landlord in its sole discretion may direct Tenant to surrender; remove all Tenant Property and other personal property whether or not bolted or otherwise attached; and remove all of Tenant's signs wherever located. If requested in writing, Landlord shall advise Tenant at the time of Landlord's approval of Tenant Work (or for Tenant Work not requiring Landlord's approval, within thirty (30) days of Tenant's written request) whether Landlord requires removal of such Tenant Work at the expiration or earlier termination of the Term. Tenant shall repair all damage that results from such removal and restore the Premises substantially to a fully functional and tenantable condition (including the filling of all floor and wall holes, the removal of all disconnected wiring back to junction boxes, the replacement of all damaged ceiling tiles and the repair of any damage caused by the removal of any bolted or anchored equipment). Any property not so removed shall be deemed abandoned, shall (if Landlord so elects) become the property of Landlord, and may be disposed of in such manner as Landlord shall see fit; and Tenant shall pay the cost of removal and disposal to Landlord upon demand. Notwithstanding anything to the contrary contained herein, upon expiration or earlier termination of this Lease, all fixtures regardless of date of installation that are integral to the operation of the Premises and are not "trade fixtures" of Tenant, including the heating, ventilation and air conditioning systems, shall remain on the Premises and be the property of Landlord; provided, however, that at Landlord's election, Tenant shall, at its expense and in compliance with all applicable laws, remove any piping, venting systems and other similar equipment or fixtures not representing standard HVAC and potable water equipment or fixtures. Without implying that other covenants do not survive, the covenants of this Section shall survive the Term.

Appears in 2 contracts

Samples: Lease Agreement (Parlex Corp), Lease (Parlex Corp)

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Condition on Expiration. At By the expiration or earlier termination end of the Term, Tenant (and all persons claiming through Tenant) shall without the necessity will return possession of notice vacate and surrender the Premises to Landlord vacant, free of Tenant’s Personal Property (except for any FF&E, which Tenant shall leave in the Premises), in broom-clean condition, and with all Leasehold Improvements in good and tenantable the same condition reasonable received (excepting ordinary wear and tear excepted. As part of tear) or in such deliverybetter condition as Tenant may have put the same (excepting ordinary wear and tear), except that Tenant shall also provide all keys will remove Tenant’s Wiring and those Leasehold Improvements and Alterations (or lock combinationsas such terms are defined herein) that, codes or electronic passes) when approved by Landlord, were required to the Premises; remove all signs regardless of date of installation wherever located and all Tenant Work except for any items of such Work that Landlord in its sole discretion may direct Tenant to surrender; remove all Tenant Property and other personal property whether or not bolted or otherwise attached; and remove all of Tenant's signs wherever located. If requested in writing, Landlord shall advise Tenant be removed at the time of Landlord's approval of Tenant Work (or for Tenant Work not requiring Landlord's approval, within thirty (30) days of Tenant's written request) whether Landlord requires removal of such Tenant Work at the expiration or earlier termination end of the Term. If Tenant shall repair all damage that results from such removal and restore the Premises substantially fails to a fully functional and tenantable condition (including the filling of all floor and wall holes, the removal of all disconnected wiring back to junction boxes, the replacement of all damaged ceiling tiles and the repair of any damage caused by the removal of any bolted or anchored equipment). Any property not so removed shall be deemed abandoned, shall (if Landlord so elects) become the property of Landlord, and may be disposed of in such manner as Landlord shall see fit; and Tenant shall pay the cost of removal and disposal to Landlord upon demand. Notwithstanding anything to the contrary contained herein, upon expiration or earlier termination of this Lease, all fixtures regardless of date of installation that are integral to the operation return possession of the Premises and are not "trade fixtures" of Tenantto Landlord in this condition, Tenant shall reimburse Landlord for the costs, including Landlord’s standard administration fee of seven percent (7%) (“Standard Administration Fee”), incurred to put the heatingPremises in the condition required under this §3.5. Tenant’s Personal Property left behind in the Premises after the end of the Term will be considered abandoned and Landlord may move, ventilation and air conditioning systemsstore, retain or dispose of these items at Tenant’s cost, including Landlord’s Standard Administration Fee. Notwithstanding, Tenant shall remain in no event be required to (i) remove any alterations or improvements existing in the Premises on the Premises Delivery Date or any of the Tenant Improvements except for non-Building Standard Tenant Improvements designated in writing for removal by Landlord at the time it approved the Final CDs noting such Tenant Improvements or (ii) any improvements for which Landlord’s consent has been secured and be the property of Landlord; providedwhich comprise any usual office improvements for a general, howeverstandard office use such as standard gypsum board, that at Landlord's electionpartitions, Tenant shalltypical office ceiling grids and tiles, at its expense typical office lighting panels, typical office doors and in compliance with all applicable lawscarpeting, remove any piping, venting systems standard break rooms and other similar equipment or fixtures not representing standard HVAC and potable water equipment or fixtures. Without implying that other covenants do not survive, the covenants of this Section shall survive the Termlunchrooms.

Appears in 2 contracts

Samples: Office Lease (Box Inc), Office Lease (Box Inc)

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