Common use of Ownership and Removal Clause in Contracts

Ownership and Removal. All personal property not affixed in any way to the Premises including inventory, together with Xxxxxx’s trade fixtures, (collectively, “Tenant’s Property”) shall remain the property of Tenant. Upon the termination or expiration of the Lease term, if Tenant is not then in default under the Lease, Tenant may remove Tenant’s Property from the Premises no later than the termination or expiration date. In addition, Tenant may remove from the Premises all items installed by Tenant that are indicative of Tenant’s business and may otherwise “de-identify” the Premises, as Tenant reasonably believes necessary or appropriate for the protection of Xxxxxx’s interest in Xxxxxx’s trademarks, trade names or copyrights. Tenant shall repair any damage to the Premises caused by such removal, including parching and filling holes. In no event shall Tenant remove or be required to remove any restrooms, flooring, ceilings, utility or electrical components located inside the walls or HVAC systems. All other utility systems will be capped and returned to a condition compatible with code requirements.

Appears in 2 contracts

Samples: Lease, Lease

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Ownership and Removal. All personal property not affixed in any way to the Premises including inventory, together with XxxxxxTenant’s trade fixtures, (collectively, “Tenant’s Property”) shall remain the property of Tenant. Upon the termination or expiration of the Lease term, if Tenant is not then in default under the Lease, Tenant may remove Tenant’s Property from the Premises no later than the termination or expiration date. In addition, Tenant may remove from the Premises all items installed by Tenant that are indicative of Tenant’s business and may otherwise “de-identify” the Premises, as Tenant reasonably believes necessary or appropriate for the protection of XxxxxxTenant’s interest in XxxxxxTenant’s trademarks, trade names or copyrights. Tenant shall repair any damage to the Premises caused by such removal, including parching and filling holes. In no event shall Tenant remove or be required to remove any restrooms, flooring, ceilings, utility or electrical components located inside the walls or HVAC systems. All other utility systems will be capped and returned to a condition compatible with code requirements.

Appears in 2 contracts

Samples: Lease, Lease

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