End of Lease Term. At the end of this Lease, ▇▇▇▇▇▇ will promptly quit and surrender the Leased Premises broom-clean, in good order and repair, ordinary wear and tear and damage by casualty excepted. If Tenant is not then in default, Tenant may remove from the Leased Premises any trade fixtures, equipment, and movable furniture placed in the Leased Premises by Tenant, whether or not such trade fixtures or equipment are fastened to the Building. Tenant will not remove any trade fixtures or equipment without Landlord’s prior written consent if such fixtures or equipment are used in the operation of the Building, or if the removal of such fixtures or equipment will result in impairing the structural strength of the Building. Tenant will fully repair any damage occasioned by the removal of any trade fixtures, equipment, furniture, alterations, additions, and improvements. All trade fixtures, equipment, furniture, inventory, effects, alterations, additions, and improvements on the Leased Premises after the end of the Term will be deemed conclusively to have been abandoned and may be appropriated, sold, stored, destroyed, or otherwise disposed of by Landlord without written notice to Tenant or any other person and without obligation to account for them. Tenant will pay Landlord for all reasonable expenses incurred in connection with the removal of such property, including but not limited to the cost of repairing any damage to the Leased Premises or Leased Premises caused by the removal of such property. Tenant’s obligation to observe and perform this covenant will survive the expiration or other termination of this Lease.
Appears in 1 contract
Sources: Sublease Agreement
End of Lease Term. At the end of this Lease, ▇▇▇▇▇▇ Tenant will promptly quit and surrender the Leased Premises broom-cleanbroomclean, in good order and repair, ordinary wear and tear and damage by casualty excepted. If Tenant is not then in default, Tenant may remove from the Leased Premises any trade fixtures, equipment, and movable furniture placed in the Leased Premises by Tenant, whether or not such trade fixtures or equipment are fastened to the Building. ; Tenant will not remove any trade fixtures or equipment without Landlord’s 's prior written consent if such fixtures or equipment are used in the operation of the Building, or if the removal of such fixtures or equipment will result in impairing the structural strength of the Building. Whether or not Tenant is in default, Tenant will remove such alterations, additions, improvements, trade fixtures, equipment, and furniture as Landlord has requested in accordance with Article 14. Tenant will fully repair any damage occasioned by the removal of any trade fixtures, equipment, furniture, alterations, additions, and improvements. All trade fixtures, equipment, furniture, inventory, effects, alterations, additions, and improvements on the Leased Premises after the end of the Lease Term will be deemed conclusively to have been abandoned and may be appropriated, sold, stored, destroyed, or otherwise disposed of by Landlord without written notice to Tenant or any other person and without obligation to account for them. Tenant will pay Landlord for all reasonable expenses incurred in connection with the removal of such property, including but not limited to the cost of repairing any damage to the Leased Premises Building or Leased Premises caused by the removal of such property. Tenant’s 's obligation to observe and perform this covenant will survive the expiration or other termination of this Lease.
Appears in 1 contract
End of Lease Term. At the end of this Lease, ▇▇▇▇▇▇ will promptly quit and surrender the Leased Premises broom-clean, in good order and repair, ordinary wear and tear and damage by casualty excepted. If Tenant is not then in default, Tenant may remove from the Leased Premises any trade fixtures, equipment, and movable furniture placed in the Leased Premises by Tenant, whether or not such trade fixtures or equipment are fastened to the Building. Tenant shall remove all wiring/cabling installed by or on behalf of Tenant, unless Landlord requests it to remain. Tenant will not remove any trade fixtures or equipment without Landlord’s prior written consent if such fixtures or equipment are used in the operation of the Building, or if the removal of such fixtures or equipment will result in impairing the structural strength of the Building. Tenant will fully repair any damage occasioned by the removal of any trade fixtures, equipment, furniture, alterations, additions, and improvements. All trade fixtures, equipment, furniture, inventory, effects, alterations, additions, and improvements on the Leased Premises after the end of the Term will be deemed conclusively to have been abandoned and may be appropriated, sold, stored, destroyed, or otherwise disposed of by Landlord without written notice to Tenant or any other person and without obligation to account for them. Tenant will pay Landlord for all reasonable expenses incurred in connection with the removal of such property, including but not limited to the cost of repairing any damage to the Leased Premises or Leased Premises caused by the removal of such property. Tenant’s obligation to observe and perform this covenant will survive the expiration or other termination of this Lease.
Appears in 1 contract
Sources: Sublease Agreement
End of Lease Term. At the end of this Lease, ▇▇▇▇▇▇ will promptly quit and surrender the Leased Premises broom-clean, in good order and repair, ordinary wear and tear and damage by casualty excepted. If Tenant is not then in default, Tenant may remove from the Leased Premises any trade fixtures, equipment, and movable furniture placed in the Leased Premises by Tenant, whether or not such trade fixtures or equipment are fastened to the Building. Tenant will not remove any trade fixtures or equipment without Landlord’s prior written consent if such fixtures or equipment are used in the operation of the Building, or if the removal of such fixtures or equipment will result in impairing the structural strength of the Building. Tenant will fully repair any damage occasioned by the removal of any trade fixtures, equipment, furniture, alterations, additions, and improvements. All trade fixtures, equipment, furniture, inventory, effects, alterations, additions, and improvements on the Leased Premises after the end of the Term will be deemed conclusively to have been abandoned and may be appropriated, sold, stored, destroyed, or otherwise disposed of by Landlord without written notice to Tenant or any other person and without obligation to account for them. Tenant will pay Landlord for all reasonable expenses incurred in connection with the removal of such property, including but not limited to the cost of repairing any damage to the Leased Premises or Leased Premises caused by the removal of such property. Tenant’s obligation to observe and perform this covenant will survive Upon the expiration or other termination of the Lease Term, Tenant shall quit and surrender to Lessor the Property, at the option of Lessor, restored to be usable as a general purpose office facility of the same type and quality of the original Improvements without any specialized or single purpose tenant improvements and in a good order and condition and free of all Hazardous Materials (other than Hazardous Materials on the Property at the Term Commencement Date), ordinary wear and tear excepted and any damage or destruction the Restoration of which is required by Tenant hereunder provided Tenant pays to Lessor the cost of such Restoration at the end of the Lease Term. Tenant hereby agrees to execute, acknowledge and deliver to Lessor all documents as Lessor may reasonably deem necessary to evidence any such termination including, but not limited to, such instrument or instruments satisfactory to Lessor as may be necessary to eliminate the effect of the Memorandum of Lease referred to in Section 40 and to indemnify Lessor from all loss, cost or expense caused by Tenant's failure to execute, acknowledge and deliver any such instrument including, but not limited to (i) reasonable attorneys' fees arising as a result of such failure and all cost of prosecuting any action or actions to expunge or remove the effect of such Memorandum of record and (ii) all consequential damages or loss resulting from such Memorandum being of record such as lost profits or opportunities as a result of the slander of title arising out of such failure. Any holding over by Tenant after the expiration or termination of this Lease shall not constitute renewal hereof or give Tenant any rights hereunder or in the Property, except with the prior written consent of Lessor and during such holding over, whether or not with the consent of Lessor, Tenant should pay to Lessor a Basic Rent, 125% of the Basic Rent payable immediately prior to the expiration or other termination of the Lease Term and Additional Rent at the terms and in the manner otherwise provided in the Lease.
Appears in 1 contract