Common use of REMOVAL AND REVERSION Clause in Contracts

REMOVAL AND REVERSION. It is further agreed that Tenant shall not remove or cause to be removed any fixtures, wiring, electrical panels, plumbing, fans, equipment, water pipes, or any other installation that was "in place" in or about the demised premises at the onset of tenancy without the express written consent of the Landlord. Any and all improvements, changes, and/or additions to the demised premises shall be removed at Tenant's expense or left in place at the sole discretion of the Landlord. In no event may Tenant remove any electrical equipment that was in place in the demised premises prior to Tenant's tenancy. It is further agreed that if the herein defined lease shall be a successor to or in lieu of another lease between Landlord and Tenant for these demised premises and said prior lease would run continuously or concurrently if not terminated, it is understood that Landlord does not waive nor is Landlord diminished with respect to any claims for removal or reversion which may have been perfected by any prior lease, as stipulated herein, by virtue of this lease. At the end of the Tenancy, the demised premises and all improvements comprising a part thereof will be delivered to Landlord in broom clean condition, vacant and together with all keys to the demised premises.

Appears in 2 contracts

Samples: Letter of Agreement (Gyrodyne Company of America Inc), Lease (Patcomm Corp)

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REMOVAL AND REVERSION. It is further agreed that Tenant shall not remove or cause to be removed any fixtures, wiring, electrical panels, plumbing, fans, equipment, water pipes, or any other installation that was "in place" in or about the demised premises at the onset of tenancy without the express written consent of the Landlord. Any and all improvements, changes, and/or additions to the demised premises shall be removed at Tenant's expense or left in place at the sole discretion of the Landlord. In no event may Tenant remove any electrical equipment that was in place in the demised premises prior to Tenant's tenancy. It is further agreed that if the herein defined lease shall be a successor to or in lieu of another lease between Landlord and Tenant for these demised premises and said prior lease would run continuously or concurrently if not terminated, it is understood that Landlord does not waive nor is Landlord diminished with respect to any claims for removal or reversion which may have been perfected by any prior lease, as stipulated herein, by virtue of this lease. At the end of the Tenancy, the demised premises and all improvements comprising a part thereof will be delivered to Landlord in broom clean condition, ordinary wear and tear excepted, vacant and together with all keys to the demised premises.

Appears in 1 contract

Samples: Gyrodyne Company of America Inc

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REMOVAL AND REVERSION. It is further agreed that Tenant shall not remove or cause to be removed any fixtures, wiring, electrical panels, plumbing, fans, equipment, water pipes, or any other installation that was "in place" in or about the demised premises at the onset of tenancy without the express written consent of the Landlord. Any and all improvements, changes, and/or additions to the demised premises shall be removed at Tenant's expense or left in place at the sole discretion of the Landlord. In no event may Tenant remove any electrical equipment that was in place in the demised premises prior to Tenant's tenancy. It is further agreed that if the herein defined lease shall be a successor to or in lieu of another lease between Landlord and Tenant for these demised premises and said prior lease would run continuously or concurrently if not terminated, it is understood that Landlord does not waive nor is Landlord diminished with respect to any claims for removal or reversion which may have been perfected by any prior lease, leases as stipulated herein, by virtue of this lease. At the end of the Tenancy, the demised premises and all improvements comprising a part thereof will be delivered to Landlord in broom clean condition, vacant and together with all keys to the demised premises.

Appears in 1 contract

Samples: Letter of Agreement (Gyrodyne Company of America Inc)

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