Ownership at Termination. 7 21.01. Subject to the provisions of Paragraph 21.02 below, any 8 improvements and fixtures located on the Sub-Leased Property at termination of the Sub- 9 Lease shall become the property of the City.
Ownership at Termination. 1. At the expiration or sooner termination of this Agreement Term, District may, at District's election, demand the removal from the Premises, at Lessee’s sole cost and expense, of all improvements, fixtures and/or furnishings, or of certain improvements, fixtures and/or furnishings. Any demand for Lessee to remove improvements from the Premises shall be made within sixty (60) days after the termination of this Agreement. Lessee shall remove all such requested improvements within forty-five (45) days after notice is given by District. District has the right, but not the obligation, after termination to store Lessee’s property or fixtures off the Premises until the end of the forty-five (45) day period. Lessee shall be liable for any reasonable storage fees that may be incurred by District.
Ownership at Termination. 1. At the expiration or sooner termination of this Contract Term, Landlord may, at Landlord's election, demand the removal from the Premises, at Concessionaire's sole cost and expense, of all improvements, fixtures and/or furnishings, or of certain improvements, fixtures and/or furnishings,. Any demand for Concessionaire to remove improvements from the Premises shall be made within sixty (60) days after the termination of this Contract. Concessionaire shall remove all such requested improvements within forty-five
Ownership at Termination. All Improvements (which shall exclude Tenant’s FF&E) on the Property at the expiration of the Term or sooner termination of this Lease shall, without compensation to Tenant, then become Landlord’s property free and clear of all claims to or against them by Tenant or any third person, and Tenant shall defend and indemnify Landlord against all liability and loss arising from such claims or from Landlord’s exercise of the rights conferred by this paragraph.
Ownership at Termination. Upon termination of this Lease for any reason whatsoever, title to all Improvements, fixtures and furnishings on the Premises and/or any other portion of the Xxxxxxx X. Xxxxxxxx School Property shall, without compensation to Tenant, automatically vest in Landlord free and clear of all liens, encumbrances, and claims to or against them by Tenant or any third person, firm, or entity, including but not limited to any mortgagee or lender. Tenant agrees to execute a quitclaim deed and go all things necessary to transfer clean title to the Premises and Improvements to Landlord. Tenant shall transfer the Premises and Improvements in good, clean, and safe working condition to the District.
Ownership at Termination. At such time as LESSEE relinquished possession of the land, all improvements on the premises shall, without compensation to LESSEE, then become COUNTY's property free and clear of all claims to or against them by LESSEE or any third person, and LESSEE shall defend and indemnify COUNTY against all liability and loss arising from such claims or from COUNTY's exercise of the rights conferred by this paragraph.
Ownership at Termination. If Mn/DOT terminates the agreement with Minnesota Logos under paragraph 7.01, ownership of the franchise rights and any rights in the logo signs constructed at the various interchanges shall pass to Mn/DOT at the effective date of termination, and Minnesota Logos shall not be entitled to any compensation from Mn/DOT.
Ownership at Termination. On the expiration or sooner termination of this Lease term (or any extension of such term), title to all buildings and improvements, which constitute or are a part of the Premises, exclusive of trade fixtures and personal property of Tenant and subtenants (which shall expressly be deemed to include Tenant's flight simulators and related equipment), shall (without the payment of compensation to Tenant or others) remain in Landlord free and clear of all claims and encumbrances on such buildings and improvements by Tenant, and anyone claiming under or through Tenant. Any piping, wellx, xxmps, tanks or other equipment installed on the property by Tenant shall be left in a structurally sound, nonleaking condition so as not to become the source of any future environmental contamination or hazard. Tenant shall then quitclaim to Landlord its possessory interest in the buildings and improvements. Tenant agrees to and shall defend, indemnify and hold Landlord harmless from and against all liability and
Ownership at Termination. At Lease Termination, all Improvements shall, without compensation to Lessee become Landlord’s Property, free and clear of all claims to or against Tenant or any third party, except that if, not later than sixty (60) days after Lease Termination, Landlord notifies Tenant of Landlord’s desire that the Improvements be removed, the Improvements and any debris shall be removed from the property and the Property shall be restored to the condition existing prior to the construction of such Improvements in accordance with all then applicable laws, rules, regulations, codes and ordinances on or before the later of (i) Lease Termination or (ii) sixty (60) days after Landlord notifies Tenant that the Improvements must be removed. Tenant shall protect, defend and indemnify Landlord from and against all claims, fines, judgments, penalties, losses, damages, costs, expenses or liabilities (including attorneys’ fees and costs) arising from any such claims with respect to the Improvements, or from Landlord’s exercise of the rights conferred by this Section 8.2. All Personal Property shall be removed from the Property at Lease Termination. If any Personal Property is not removed at Lease Termination, such Personal Property shall be deemed to be abandoned by Tenant and shall, without compensation to Tenant then become Landlord’s property, free and clear of all claims to or against them by Tenant or any third party.
Ownership at Termination. At the expiration date or earlier termination of this Lease, all alterations, modifications, or improvements upon the Premises, whether made by County or Lessee shall, absent any agreement between the County and Lessee to the contrary at the time of installation, or unless County otherwise elects, which election shall be made by giving a notice in writing not less than ninety (90) days prior to the termination of this Lease, become the property of County and shall, without compensation to Lessee, become County property free and clear of all claims to or against the improvements by Lessee or any third person, and Lessee shall defend and indemnify the County against all liability and loss arising from such claims or from the County's exercise of the rights conferred by this paragraph, and County shall bear responsibility for removal of said improvements. Relative to Lessee owned improvements, if the County shall notify Lessee to remove any or all of the alterations, additions, or improvements made by Lessee, Lessee shall do so, at Lessee’s sole cost and expense, and shall promptly repair any damage caused by such removal in a first class manner. Removal is to be completed on or before the final date of this Lease or at such further time as County may agree to in writing. In the event Lessee fails to remove any or all of the alterations, additions, or improvements required by County, County may remove same and charge Lessee for the cost of such removals and Lessee hereby agrees to pay any and all such costs upon demand Should any improvements, including buildings or other structures located on Premises, be damaged or destroyed during the term of this Lease or any renewal or extension thereof, Lessee shall promptly either remove or repair and replace the damaged or destroyed improvements.
