Property Removal. Except for property removal following the death of a sole Tenant, any property left on the premises by a current or vacated Tenant shall be considered abandoned and such surrendered to the Lessor. Lessor may dispose of or gift to a charitable organization all items of personal property left in the apartment or on the premises after surrender or abandonment. Any costs associated with the disposal of abandoned property shall be born solely by the Tenant.
Property Removal. 1. In case Party B fails to vacate the operation area by returning the facilities, property, or any articles to Party A by the time designated by Party A, Party A may dispose of those articles at Party A’s discretion in accordance with Article 35 of this Contract. Party B shall not request any compensation from Party A for any damage or losses resulting from the disposal.
Property Removal. Tenant agrees to not remove or alter Landlord’s property. The only exception is with written permission. If no written permission is granted and Tenant alters or removes Landlord’s property, Landlord may take possession of Tenant’s property and evict Tenant from premise. Landlord may also charge Tenant cost of returning property to original condition.
Property Removal. Borrower shall cooperate with Mortgage Lender in connection with any obligations of Mortgage Borrower pursuant to Section 9.1.4 of the Mortgage Loan Agreement.
Property Removal. Upon the termination of this Lease for any reason, A&M SYSTEM shall have the right to remove its equipment and personal property from the Premises, and shall leave the Premises clean and in a condition equal to the condition which existed on the Commencement Date, normal wear and tear excepted, and except for any damage caused by LANDLORD, its employees, agents and contractors. A&M SYSTEM may remove any fixtures or improvements which it constructed on the Premises so long as such removal does not materially damage the Building or the Premises. All movable equipment, furnishings, fixtures, apparatus and personal property may be removed in a manner so as to cause as little damage, as is reasonably possible, to the Building and the Premises.
Property Removal. If, at the Principal Closing,
Property Removal. After the Service Period has ended, Operator may remove from the Space and the Center all Food Supplier’s property remaining in the Space or in the Center and may store the same wherever Operator sees fit at Food Supplier’s cost, expense, and risk. Food Supplier releases and waives any claim for damages or compensation arising out of Operator’s storage of Food Supplier’s property under this Section 9. For all inquiries regarding Central Texas State Fair, see CTSF Rules & Regulations
Property Removal. If at any time following the Closing Date and in connection with a Securitization BSCMI shall elect to remove any Individual Property from such Securitization (the “Affected Property”), Lender shall have the right to (i) sever or divide the Note and the other Loan Documents in order to allocate to such Affected Property a new note and other loan documents (collectively, the “New Note”), evidencing a separate loan in the amount of the Adjusted Release Amount applicable to such Affected Property, including the transfer of the applicable portion of each of the Reserve Funds relating to the Affected Property, and (ii) release any cross-default and/or cross-collateralization provisions applicable to such Affected Property; provided, that such New Note secured by such Affected Property, together with the Loan Documents secured by the remaining Properties, shall not increase in the aggregate (A) any monetary obligation of Borrower under the Loan Documents, or (B) any other obligation of Borrower under the Loan Documents in any material respect. In connection with the transfer of any such Affected Property as provided for in this Section 9.1.4, the Loan shall be reduced by an amount equal to the Adjusted Release Amount applicable to such Affected Property in accordance with Section 2.4.4 hereof and the new loan secured by such Affected Property and evidenced by the New Note shall be in an amount equal to such Adjusted Release Amount. Subsequent to the release of the Affected Property from the lien of the Loan pursuant to this Section 9.1.4, the balances of the Components of the Loan shall be the same as they would have been had a prepayment occurred in an amount equal to the Adjusted Release Amount of the Affected Property. The interest rate of the New Note shall be based on LIBOR, with a spread such that the aggregate interest payable on the Loan and the New Note in the Interest Period immediately following such release shall be the same as if such release had not occurred. At the request of Lender, Borrower shall transfer the Affected Property to a newly-created Special Purpose Entity and shall otherwise cooperate with BSCMI and Lender in their attempt to satisfy all requirements necessary in order for BSCMI to obtain written confirmation from the Rating Agencies that such transfer of the Affected Property from the Securitization and splitting of the Loan shall not cause a downgrade, withdrawal or qualification of the then current ratings of the Securities or an...
Property Removal. Assignor hereby agrees not to remove any improvements, alterations, or fixtures from the Premises. Assignor agrees to remove all of its personal property from the Premises prior to March 1, 1998
Property Removal. At the expiration of this permit or upon earlier termination of this agreement pursuant to terms in this permit, the permittee shall immediately surrender the premises and shall have sixty (60) days, or such additional time as may be approved in writing by the Department, in which to remove all tools, machinery, structures, and other property owned by it, including materials stored on the premises on which royalty has been paid. The applicable royalty rate for such material is that which is in effect at the time of removal, or the rate existing at permit termination. Any property remaining on the premises after 60 days shall become the property of the State, unless otherwise specified in writing by the Department.
