Release of Leased Property Sample Clauses

Release of Leased Property. Upon any prepayment in whole of this Lease, or if the Lease is deemed to be paid in full in accordance with the provisions of Section 11.01 hereof, or upon the expiration of all Renewal Terms available hereunder (if full payment or prepayment of all Rent has been made or provided for in accordance with the provisions hereof and any other conditions precedent to the termination of the Lease Term fulfilled and all payments other than Rent payable hereunder shall have been paid), the Site Agreement and this Lease shall terminate and the Leased Property shall be released from the provisions thereof. Thereupon, BB&T shall deliver or cause to be delivered to the County such documents as the County may reasonably require releasing the Leased Property from the provisions of the Site Agreement and this Lease, subject to the following: (i) Permitted Encumbrances, other than this Lease or the Site Agreement; (ii) those liens and encumbrances created by the County or to the creation or suffering of which the County consented; and
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Release of Leased Property. Upon any prepayment in whole of this Lease, or if the Lease is deemed to be paid in full in accordance with the provisions of Section 11.01 hereof, or upon the expiration of all Renewal Terms available hereunder and if full payment or prepayment of all Rent has been made or provided for in accordance with the provisions hereof and any other conditions precedent to the termination of the Lease Term have been fulfilled and all payments other than Xxxx payable hereunder shall have been paid, the Site Lease and this Lease shall terminate and the Leased Property shall be released from the provisions thereof. Thereupon, the Lender shall deliver or cause to be delivered to the City such documents as the City may reasonably require releasing the Leased Property from the provisions of the Site Lease and this Lease, subject to the following: (i) Permitted Encumbrances, other than this Lease or the Site Lease; (ii) those liens and encumbrances created by the City or to the creation or suffering of which the City consented; and (iii) those liens and encumbrances resulting from the failure of the City to perform or observe any of the agreements on its part contained in this Lease.
Release of Leased Property. 9 Section 14.
Release of Leased Property. On City's exercise of any option to purchase Airline's leasehold interest in any portion of the Continental Special Facilities granted in the Agreement, Airline shall deliver, or cause to be delivered, upon payment of the purchase price to Airline by City, any necessary or appropriate documents conveying to City all of the Airline's interests in such portion of the Continental Special Facilities, subject to the following: (i) those liens and encumbrances (if any) to which title to said interest was subject when conveyed to Airline; (ii) those liens and encumbrances created by City or to the creation or suffering of which City consented in writing; and (iii) those liens and encumbrances resulting from the failure of City to perform or observe any of the agreements on its part contained in the Agreement. Those documents shall be executed and delivered by the appropriate officials of Airline without the need for any further action by Airline or City.

Related to Release of Leased Property

  • Use of Leased Premises The Lessor is leasing the Premises to the Lessee and the Lessee is hereby agreeing to lease the Premises for the following use and purpose: . Any change in use or purpose the Premises other than as described above shall be upon prior written consent of Lessor only.

  • Surrender of Leased Premises Upon any termination of this Lease, whether by lapse of time, cancellation pursuant to an election provided for herein, forfeiture, or otherwise, Tenant shall immediately surrender possession of the Leased Premises and all buildings and improvements on the same to Landlord in good and tenantable repair, reasonable wear and damage from fire or other casualty or peril excepted, and shall surrender all keys for the Leased Premises to Landlord at the place then fixed for the payment of rent and shall inform Landlord of all combinations of locks, safes and vaults, if any, in the Leased Premises. At any time during the ten (10) days before the termination date of this Lease, Tenant, if not in default hereunder at such time, shall have the right to remove, and at the end of the term, if directed to do so by Landlord, shall remove from the Leased Premises all furniture, furnishings, signs, and equipment then installed or in place in, on or about the Leased Premises; provided, however, Tenant shall, and it covenants and agrees to, make all repairs to the Leased Premises required because of such removal. If any of such property shall remain on the Leased Premises after the end of the term hereof, such property shall be and become the property of Landlord without any claim therein of Tenant. Landlord may direct Tenant to remove such property, in which case Tenant Upon termination of this Lease, Tenant shall peaceably surrender the Leased Premises, including all fixtures and tenant improvements, in a neat and broom clean condition, and Tenant shall repair any holes or openings made by Tenant in the walls, roof or floor of the building, remove any protuberance and perform any maintenance or repairs required of Tenant by this Lease. If directed to do so by Landlord, Tenant shall also remove any improvements, additions or alterations made to the Leased Premises by Tenant even though such improvements by the terms of this Lease become a part of the Leased Premises.

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