Expiration of the Lease Term. Upon the expiration of the lease term, the Contract shall be terminated. If all the facilities, equipment and office furniture in the office space rented by Party B are intact, and all expenses incurred by Party B during the lease term (including, but not limited to, property management fees, utilities, Internet access fees, etc.) has been paid in full then, Party B shall return the Premises to Party A, and Party A shall return the performance bond paid by Party B without interest. If Party B requests to continue the lease, Party B shall submit a written request to Party A two months prior to the expiration of the lease term. Party A shall reply to Party B in writing within two months prior to the expiration of the Contract. If Party A agrees to continue the lease, the Lease Contract shall be renewed.
Expiration of the Lease Term. Notwithstanding anything to the contrary contained in this Lease, the expiration of the Lease Term, whether by lapse of time or otherwise, shall not relieve Landlord or Tenant from its obligations accruing prior to the expiration of the Lease Term and such obligations shall survive any such expiration or other termination of the Lease Term.
Expiration of the Lease Term. 20.1 Lessee must return the leased areas to Lessor at the end of the lease term in a professionally restored condition and with all keys, including those which Lessee had made for itself, without any claim to compensation. If there are carpets in the leased space, Lessee must ensure that these are professionally shampooed. In particular Lessee is obligated to remove its own installed devices from raised floors and cable ducts. This applies also to the cables laid freely by Lessee, as for example for electronic data processing and telephone purposes. If Lessee has not performed, or has not caused a third party to perform, the work required accordingly by the end of the lease, Lessor may commission the work to be performed at the expense of Lessee and after a reasonable grace period. The grace period is not necessary if the conduct of Lessee implies a peremptory refusal to fulfill the contract. Lessee is liable for all losses suffered by Lessor as a result of the delayed performance of the work (in particular loss of rental income and/or indemnity for use).
Expiration of the Lease Term. You will have no right or obligation to purchase a Vehicle when its full lease term expires. -------------------------------------------------------------------------------
Expiration of the Lease Term
