Common use of Lease Termination Clause in Contracts

Lease Termination. Except as provided in this Section 9.04, upon expiration or earlier termination of this Lease Tenant shall surrender the Premises to Landlord in the same condition as when received, subject to reasonable wear and tear. All Alterations shall become a part of the Premises and shall become the property of Landlord upon the expiration or earlier termination of this Lease, unless Landlord shall, by written notice given to Tenant, require Tenant to remove some or all of Tenant's Alterations, in which event Tenant shall promptly remove the designated Alterations and shall promptly repair any resulting damage, all at Tenant's sole expense. All business and trade fixtures, machinery and equipment, furniture, movable partitions and items of personal property owned by Tenant or installed by Tenant at its expense in the Premises shall be and remain the property of Tenant; upon the expiration or earlier termination of this Lease, Tenant shall, at its sole expense, remove all such items and repair any damage to the Premises or the Building caused by such removal. If Tenant fails to remove any such items or repair such damage promptly after the expiration or earlier termination of the Lease, Landlord may, but need not, do so with no liability to Tenant, and Tenant shall pay Landlord the cost thereof upon demand. (See Insert 9.04 on Page 9A.)

Appears in 1 contract

Samples: Office Lease (Galileo International Inc)

AutoNDA by SimpleDocs

Lease Termination. Except as provided in this Section 9.04, upon expiration or earlier termination of this Lease Tenant shall surrender the Premises to Landlord in the same condition as when received, subject to reasonable wear and tear. All Alterations shall become a part of the Premises and shall become the property of Landlord upon the expiration or earlier termination of this Lease, unless Landlord shall, by written notice given to Tenant, require Tenant to remove some or all of Tenant's Alterations, in which event Tenant shall promptly remove the designated Alterations and shall promptly repair any resulting damage, all at Tenant's sole expense. All business and trade fixtures, machinery and equipment, furniture, movable partitions and items of personal property owned by Tenant or installed by Tenant at its expense in the Premises shall be and remain the property of Tenant; upon the expiration or earlier termination of this Lease, Tenant shall, at its sole expense, remove all such items and repair any damage to the Premises or the Building caused by such removal. If Tenant fails to remove any such items or repair such damage promptly after the expiration or earlier termination of the Lease, Landlord may, but need not, do so with no liability to Tenant, and Tenant shall pay Landlord the cost thereof upon demand. (See Insert 9.04 on Page 9A.).

Appears in 1 contract

Samples: Industrial Lease (Vartech Systems Inc)

Lease Termination. Except as provided in this Section 9.04section, upon expiration or earlier termination of this Lease Tenant shall surrender the Premises to Landlord in the same condition as when received, subject to reasonable wear and tear. All Except as otherwise provided in Paragraph 8.1, all Alterations shall become a part of the Premises and shall become the property of Landlord upon the expiration or earlier termination of this Lease, unless Landlord shall, by written notice given to Tenant, require Tenant to remove some or all of Tenant's Alterations, in which event Tenant shall promptly remove the designated Alterations and shall promptly repair any resulting damage, all at Tenant's sole expense. All business and trade fixtures, machinery and equipment, furniture, movable partitions and items of personal property owned by Tenant or installed by Tenant at its expense in the Premises shall be and remain the property of Tenant; upon the expiration or earlier sooner termination of this Lease, Tenant shall, at its sole expense, remove all such items and repair any damage to the Premises or the Building caused by such removal. If Tenant fails to remove any such items or repair such damage promptly after the expiration or earlier sooner termination of the Lease, Landlord may, but need not, do so with no liability to Tenant, and Tenant shall pay Landlord the cost thereof upon demand. (See Insert 9.04 on Page 9A.).

Appears in 1 contract

Samples: Lease Agreement (Agritope Inc)

Lease Termination. Except as provided in this Section 9.04herein, upon expiration or earlier termination of this Lease Tenant shall surrender the Premises to Landlord in the same condition Condition Acceptable for Surrender as when receiveddefined in Section 3.3, subject to reasonable wear and tear, damage by casualty, condemnation and Landlord’s repair obligations. All Alterations shall become a part of the Premises and shall become the property of Landlord upon the expiration or earlier termination of this Lease, unless Landlord shall, by written notice given to TenantTenant at the time of the granting of its consent thereto, require Tenant to remove some or all of Tenant's ’s Alterations, in which event Tenant shall promptly remove the designated Alterations and shall promptly repair any resulting damage, all at Tenant's ’s sole expense. All business and trade fixtures, machinery and equipment, furniture, movable partitions and items of personal property owned by Tenant or installed by Tenant at its expense in the Premises shall be and remain the property of Tenant; upon the expiration or earlier termination of this Lease, Tenant shall, at its sole expense, remove all such items and repair any damage to the Premises or the Building caused by such removal. If Tenant fails to remove any such items or repair such damage promptly after the expiration or earlier termination of the Lease, Landlord may, but need not, do so with no liability to Tenant, and Tenant shall pay Landlord the reasonable cost thereof upon demand. (See Insert 9.04 on Page 9A.).

Appears in 1 contract

Samples: Manufacturing Agreement (SunEdison Semiconductor LTD)

Lease Termination. Except as provided in this Section 9.04Sec­tion 10.04, upon expiration or earlier termination of this Lease Tenant shall surrender the Premises to Landlord in the same condition as when received, subject to reasonable wear and tear. All Alterations shall become a part of the Premises and shall become the property of Landlord upon the expiration or earlier termination of this Lease, unless Landlord shall, by written notice given to Tenant, require Tenant to remove some or all of Tenant's Alterations, in which event Tenant shall promptly remove the designated Alterations and shall promptly repair any resulting damage, all at Tenant's sole expense. All business and trade fixtures, machinery and equipment, furniturefurni­ture, movable partitions and items of personal property owned by Tenant or installed by Tenant at its expense in the Premises shall be and remain the property of Tenant; upon the expiration or earlier termination of this Lease, Tenant shall, at its sole expense, remove all such items and repair any damage to the Premises or the Building caused by such removal. If Tenant fails to remove any such items or repair such damage promptly after the expiration or earlier termination of the Lease, Landlord may, but need not, do so with no liability to Tenant, and Tenant shall pay Landlord the cost thereof upon demand. (See Insert 9.04 on Page 9A.).

Appears in 1 contract

Samples: Office Lease (Echo Therapeutics, Inc.)

AutoNDA by SimpleDocs

Lease Termination. Except as provided in this Section 9.04section, upon expiration or earlier termination of this Lease Tenant shall surrender the Premises to Landlord in the same condition as when received, subject to reasonable wear and tear. All Alterations shall become a part of the Premises and shall become the property of Landlord upon the expiration or earlier termination of this Lease, unless Landlord shall, by written notice given to Tenant, require Tenant to remove some or all of Tenant's Alterations, in which event Tenant shall promptly remove the designated Alterations and shall promptly repair any resulting damage, all at Tenant's sole expense. All business and trade fixtures, machinery and equipment, furniture, movable partitions and items of personal property owned by Tenant or installed by Tenant at its expense in the Premises shall be and remain the property of Tenant; upon the expiration or earlier sooner termination of this Lease, Tenant shall, at its sole expense, remove all such items and repair any damage to the Premises or the Building caused by such removal. If Tenant fails to remove any such items or repair such damage promptly after the expiration or earlier sooner termination of the Lease, Landlord may, but need not, do so with no liability to Tenant, and Tenant shall pay Landlord the cost thereof upon demand. (See Insert 9.04 on Page 9A.).

Appears in 1 contract

Samples: Office Lease Agreement (Mypoints Com Inc)

Lease Termination. Except On or before the Termination Date, Tenant, shall vacate the Premises, and cause any Sub-Tenants or other occupants to vacate the Premises, and leave such Premises in reasonably good condition and repair and otherwise in such condition as provided is required under Paragraph 6, then as of the Termination date: (i) The Lease shall be deemed terminated and cancelled with the same effect as if such date were the normal expiration date of the Lease; (ii) Neither party shall have any claim against the other, and each party releases the other from any and all claims, liabilities, damages or actions of any kind whatsoever arising out of or pursuant to the Lease or Tenant’s use or occupancy of the Premises; and (iii) Notwithstanding any provision in the Lease or in this Section 9.04Agreement, upon expiration if for any reason Tenant fails to perform any obligation hereunder or earlier termination of this Lease Tenant shall surrender under the Premises Lease, including, without limitation, Tenant’s obligation to Landlord in the same condition as when received, subject to reasonable wear and tear. All Alterations shall become a part of vacate the Premises and shall become leaves such Premises in reasonably good condition and repair and otherwise in such condition as is required under Paragraph 6, below on or before the property of Landlord upon the expiration or earlier termination of this LeaseTermination Date, unless Landlord shall, by written notice given to Tenant, require Tenant to remove some or all of Tenant's Alterationsthen, in which event such event, the Tenant shall promptly remove be in default of the designated Alterations Lease and shall promptly repair any resulting damagethis Agreement, all at Tenant's sole expense. All business and trade fixtures, machinery and equipment, furniture, movable partitions and items of personal property owned by Tenant or installed by Tenant at its expense in the Premises Landlord shall be and remain the property of Tenant; upon the expiration or earlier termination of this Lease, Tenant shall, at its sole expense, remove all such items and repair any damage authorized to the Premises or the Building caused by such removal. If Tenant fails to remove any such items or repair such damage promptly after the expiration or earlier termination pursue those remedies for default as spelled out in Paragraph 14 of the Lease, Landlord may, but need not, do so with no liability in addition to Tenant, and Tenant shall pay Landlord the cost thereof upon demand. (See Insert 9.04 on Page 9A.)all other remedies available at law.

Appears in 1 contract

Samples: Lease Termination Agreement

Lease Termination. Except as provided in this Section 9.04, upon expiration or earlier termination of this Lease Tenant shall surrender the Premises to Landlord in the same condition as when receivedexisted on the date Tenant first occupied the Premises (whether pursuant to this Lease or an earlier Lease), subject to reasonable wear and tear. All Alterations shall become a part of the Premises Unless otherwise agreed in writing by Landlord and shall become the property of Landlord upon Tenant prior to the expiration or earlier termination of this Lease, unless Landlord shall, by written notice given to Tenant, require upon the expiration or earlier termination of this Lease Tenant to shall remove some or all of Tenant's Alterations, in which event Tenant shall promptly remove the designated Alterations and shall promptly repair any resulting damage, all at Tenant's sole expense. All business and trade fixtures, machinery and equipment, furniture, movable partitions and items of personal property owned by Tenant or installed by Tenant at its expense in the Premises shall be and remain the property of Tenant; upon the expiration or earlier termination of this Lease, Tenant shall, at its sole expense, remove all such items and repair any damage to the Premises or the Building caused by such removal. If Tenant fails to remove any such Alterations, items or repair such damage promptly after the expiration or earlier termination of the Lease, Landlord may, but need not, do so with no liability to Tenant, and Tenant shall pay Landlord the cost thereof upon demand. (See Insert 9.04 on Page 9A.)Notwithstanding the foregoing, Tenant shall have no obligation to remove from the Premises any Work constructed or installed in the Premises pursuant to the Work Letter Agreement attached hereto as Exhibit "B".

Appears in 1 contract

Samples: Office Lease (Electronic Arts Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!