Common use of PEACEABLE SURRENDER Clause in Contracts

PEACEABLE SURRENDER. Airline covenants and agrees to yield and deliver peaceably to Authority possession of the Airline Leased Premises on the expiration date or earlier termination of this Agreement, promptly and in as good condition as at the commencement of this Agreement or, if improved, in as good condition as of the completion date of the last improvement made to the Airline Leased Premises, but in either case with reasonable wear and tear excepted.‌

Appears in 1 contract

Samples: Authority Airline Operating and Lease

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PEACEABLE SURRENDER. Airline covenants and agrees to yield and deliver peaceably to Authority possession of the Airline Leased Premises on the expiration date or earlier termination of this Agreement, promptly and in as good condition as at the commencement of this Agreement or, if improved, in as good condition as of the completion date of the last improvement made to the Airline Leased Premises, but in either case with reasonable wear and tear excepted.‌excepted.

Appears in 1 contract

Samples: Authority Airline Operating and Lease

PEACEABLE SURRENDER. Upon the expiration of this Agreement or the earlier termination or cancellation thereof, as herein provided, Airline covenants and agrees to yield and deliver will peaceably to Authority possession of the surrender said Airline Leased Premises on the expiration date or earlier termination of this Agreementto Authority. Further, promptly and as it relates to Airline Leased Premises, Airline shall surrender such premises in as good condition as at said premises were on the commencement date of this Agreement orAgreement, if improved, in as good condition as of the completion date of the last improvement made to the Airline Leased Premises, but in either case with reasonable ordinary wear and tear excepted.‌excepted.

Appears in 1 contract

Samples: Authority Airline Operating and Lease

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PEACEABLE SURRENDER. Upon the expiration of this Agreement or the earlier termination or cancellation thereof, as herein provided, Airline covenants and agrees to yield and deliver will peaceably to Authority possession of the surrender said Airline Leased Premises on the expiration date or earlier termination of this Agreementto Authority. Further, promptly and as it relates to Airline Leased Premises, Airline shall surrender such premises in as good condition as at said premises were on the commencement date of this Agreement orAgreement, if improved, in as good condition as of the completion date of the last improvement made to the Airline Leased Premises, but in either case with reasonable ordinary wear and tear excepted.‌

Appears in 1 contract

Samples: Authority Airline Operating and Lease

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