Common use of Expiration Termination of Lease Clause in Contracts

Expiration Termination of Lease. Upon the expiration or sooner ------------------------------- termination of the term hereof, Tenant shall, upon written demand by Landlord, at Tenant's sole expense, with due diligence, remove any Alterations made by Tenant, which at the time of Landlord's approval of such Alterations were designated by Landlord to be removed, and repair any damage to the Premises caused by such removal. In no event shall Tenant be required to remove the Tenant work performed pursuant to Exhibit C and C-1. Notwithstanding the --------- --- foregoing, Tenant shall be required to remove Tenant's telecommunications equipment, computer 29 equipment and cabling, supplemental HVAC equipment and generator at the termination of this Lease and repair any damage to the Premises caused by such removal. Tenant shall remove all of Tenant's moveable property and trade fixtures which can be removed without damage to the Premises at the termination of this Lease, either by expiration of the term or other cause, and shall pay Landlord any damages for injury to the Premises or Building resulting from such removal. If Tenant shall fail to remove any of its property at the time Tenant vacates the Premises, such property shall be deemed to have been abandoned by Tenant and Landlord may, in accordance with the provisions of applicable statutes governing commercial landlord and tenant matters, without liability for the loss thereof or damage thereto, either remove and store such property, such storage to be for the account and at the expense of Tenant, or otherwise dispose of such property in Landlord's sole and absolute discretion, all at the expense of Tenant. If Landlord elects to store such property and Tenant fails to pay the cost of storing any such property within thirty (30) days of demand therefor, Landlord may sell any or all such property at public or private sale, without notice to Tenant, and shall apply the proceeds of such sale to the following costs in the following order: (i) the cost and expense of such sale, including reasonable attorneys' fees, (ii) the payment of the costs or charges for storing any such property, and (iii) the payment of any other sums which may then be or thereafter become due Landlord from Tenant under any of the terms of this Lease. The balance, if any, shall be paid to Tenant.

Appears in 1 contract

Samples: Expansion Agreement (Call Points Inc)

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Expiration Termination of Lease. Upon the expiration or sooner ------------------------------- termination of the term hereof, Tenant shall, upon written demand by Landlord, at Tenant's sole expense, with due diligence, remove any Alterations made by Tenant, which at the time of Landlord's approval of such Alterations were designated by Landlord to be removed, and repair any damage to the Premises caused by such removal. In no event shall Tenant be required to remove the Tenant work performed pursuant to Exhibit C and C-1. D. Notwithstanding the --------- --- foregoing, Tenant shall be required --------- to remove Tenant's telecommunications equipment, computer 29 equipment and cabling, supplemental HVAC equipment and generator at the termination of this Lease and repair any damage to the Premises caused by such removal. Tenant shall remove all of Tenant's moveable property and trade fixtures which can be removed without damage to the Premises at the termination of this Lease, either by expiration of the term or other cause, and shall pay Landlord any damages for injury to the Premises or Building resulting from such removal. If Tenant shall fail to remove any of its property at the time Tenant vacates the Premises, such property shall be deemed to have been abandoned by Tenant and Landlord may, in accordance with the provisions of applicable statutes governing commercial landlord and tenant matters, without liability for the loss thereof or damage thereto, either remove and store such property, such storage to be for the account and at the expense of Tenant, or otherwise dispose of such property in Landlord's sole and absolute discretion, all at the expense of Tenant. If Landlord elects to store such property and Tenant fails to pay the cost of storing any such property within thirty (30) days of demand therefor, Landlord may sell any or all such property at public or private sale, without notice to Tenant, and shall apply the proceeds of such sale to the following costs in the following order: (i) the cost and expense of such sale, including reasonable attorneys' fees, (ii) the payment of the costs or charges for storing any such property, and (iii) the payment of any other sums which may then be or thereafter become due Landlord from Tenant under any of the terms of this Lease. The balance, if any, shall be paid to Tenant.

Appears in 1 contract

Samples: Deed of Lease (Vialog Corp)

Expiration Termination of Lease. Upon the expiration or sooner ------------------------------- termination of the term hereof, Tenant shall, upon written demand by Landlord, at Tenant's sole expense, with due diligence, remove any Alterations alterations, additions, or improvements made by Tenant, which designated by Landlord to be removed at the time of Landlord's approval of such Alterations were designated by Landlord to be removedrequest, and repair any damage to the Premises caused by such removal. In no event shall Tenant be required to remove the Tenant work performed pursuant to Exhibit C and C-1. Notwithstanding the --------- --- foregoing, Tenant shall be required to remove Tenant's telecommunications equipment, computer 29 equipment and cabling, supplemental HVAC equipment and generator at the termination of this Lease and repair any damage to the Premises caused by such removal. Tenant shall remove all of Tenant's moveable property and trade fixtures which can be removed without damage to the Premises at the termination of this Lease, either by expiration of the term or other cause, and shall pay Landlord any damages for injury to the Premises or Building resulting from such removal. If Tenant shall fail to remove any of its property of any nature whatsoever (other than moveable property and trade fixtures) from the Premises or Building at the time Tenant vacates termination of this Lease or when Landlord has the Premisesright of reentry, such property shall be deemed to have been abandoned by Tenant and Landlord may, in accordance with the provisions of applicable statutes governing commercial landlord and tenant matters, without liability for the loss thereof or damage thereto, either remove and store such property, such storage to be for the account and at the expense of Tenant, or otherwise dispose of such property in Landlord's sole and absolute discretion, all at the expense of Tenant. If Landlord elects to store such property and Tenant fails to pay the cost of storing any such property within thirty (30) days of demand therefor, Landlord may sell any or all such property at public or private sale, without notice to Tenant, and shall apply the proceeds of such sale to the following costs in the following order: (i) the cost and expense of such sale, including reasonable attorneys' fees, (ii) the payment of the costs or charges for storing any such property, and (iii) the payment of any other sums sum which may then be or thereafter become due Landlord from Tenant under any of the terms of this Lease. The balance, if any, shall be paid to Tenant.

Appears in 1 contract

Samples: Lease (Tel Save Com Inc)

Expiration Termination of Lease. Upon the expiration or ------------------------------- sooner ------------------------------- termination of the term Term hereof, Tenant shall, upon written demand by Landlord, at Tenant's sole expense, with due diligence, remove any Alterations alterations, additions, or improvements made by Tenant, which at the time of Landlord's approval of such Alterations were designated by Landlord to be removed, and repair any damage to the Premises caused by such removal. In no event shall Tenant be required to remove the Tenant work performed pursuant to Exhibit C and C-1. Notwithstanding the --------- --- foregoing, Tenant shall be required to remove Tenant's telecommunications equipment, computer 29 equipment and cabling, supplemental HVAC equipment and generator at the termination of this Lease and repair any damage to the Premises caused by such removal. Tenant shall remove all of Tenant's moveable property and trade fixtures which can be removed without damage to the Premises at the termination of this Lease, either by expiration of the term Term or other cause, and shall pay Landlord any damages for injury to the Premises or Building resulting from such removal. If Tenant shall fail to remove any of its property of any nature whatsoever from the Premises or Building at the time Tenant vacates termination of this Lease or when Landlord has the Premisesright of reentry, such property shall be deemed to have been abandoned by Tenant and Landlord may, in accordance with the provisions of applicable statutes governing commercial landlord and tenant matters, without liability for the loss thereof or damage thereto, either remove and store such property, such storage to be for the account and at the expense of Tenant, or otherwise dispose of such property in Landlord's sole and absolute discretion, all at the expense of Tenant. If Landlord elects to store such property and Tenant fails to pay the cost of storing any such property within thirty (30) days of demand therefor, Landlord may sell any or all such property at public or private sale, without notice to Tenant, and shall apply the proceeds of such sale to the following costs in the following order: (i) the cost and expense of such sale, including reasonable attorneys' fees, (ii) the payment of the costs or charges for storing any such property, and (iii) the payment of any other sums which may then be or thereafter become due Landlord from Tenant under any of the terms of this Lease. The balance, if any, shall be paid to Tenant.

Appears in 1 contract

Samples: Commencement Date Agreement (Vialog Corp)

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Expiration Termination of Lease. Upon the expiration or sooner ------------------------------- termination of the term hereof, Tenant shall, upon written demand by Landlord, at Tenant's sole expense, with due diligence, remove any Alterations made by Tenant, which at the time of Landlord's approval of such Alterations were designated by Landlord to be removed, and repair any damage to the Premises caused by such removal. In no event shall Tenant be required to remove the Tenant work performed pursuant to Exhibit C and C-1. Notwithstanding the --------- --- foregoing, Tenant shall be required to remove Tenant's telecommunications equipment, computer 29 equipment and cabling, supplemental HVAC equipment and generator at the termination of this Lease and repair any damage to the Premises caused by such removal. Tenant shall remove all of Tenant's moveable property and trade fixtures which can be removed without damage to the Premises at the termination of this Lease, either by expiration of the term or other cause, and shall pay Landlord any damages for injury to the Premises or Building resulting from such removal. If Tenant shall fail to remove any of its property at the time Tenant vacates the Premises, such property shall be deemed to have been abandoned by Tenant and Landlord may, in accordance with the provisions of applicable statutes governing commercial landlord and tenant matters, without liability for the loss thereof or damage thereto, either remove and store such property, such storage to be for the account and at the expense of Tenant, or otherwise dispose of such property in Landlord's sole and absolute discretion, all at the expense of Tenant. If Landlord elects to store such property and Tenant fails to pay the cost of storing any such property within thirty (30) days of demand therefor, Landlord may sell any or all such property at public or private sale, without notice to Tenant, and shall apply the proceeds of such sale to the following costs in the following order: (i) the cost and expense of such sale, including reasonable attorneys' fees, (ii) the payment of the costs or charges for storing any such property, and (iii) the payment of any other sums which may then be or thereafter become due Landlord from Tenant under any of the terms of this Lease. The balance, if any, shall be paid to Tenant.

Appears in 1 contract

Samples: Lease Agreement (Vialog Corp)

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