Removal at Termination. Tenant shall remove its trade fixtures, furniture, moveable equipment and other personal property from the Premises upon the natural termination of this Lease, or at the time of the termination of Tenant’s right of possession. If Tenant does not, then Tenant shall be conclusively presumed to have, at Landlord’s election (i) conveyed such property to Landlord without compensation or (ii) abandoned such property, and Landlord may dispose of any part thereof in any manner without liability to Tenant or any other person. Landlord shall have no duty to be a bailee of any such personal property. If Landlord elects abandonment, Tenant shall pay to Landlord, upon demand, any reasonable expenses incurred for disposition.
Appears in 2 contracts
Samples: Lease (Federal Home Loan Bank of Chicago), Lease (Federal Home Loan Bank of Chicago)
Removal at Termination. Tenant shall remove its trade fixtures, furniture, moveable equipment and other personal property from the Premises upon the natural termination of this Lease, Lease or at the time of the termination of Tenant’s 's right of possession. If Tenant does not, then Tenant shall be conclusively presumed to have, at Landlord’s 's election (i) conveyed such property to Landlord without compensation or (ii) abandoned such property, and Landlord may dispose of any part thereof in any manner without liability to Tenant or any other person. Landlord shall have no duty to be a bailee of any such personal property. If Landlord elects abandonment, Tenant shall pay to Landlord, upon demand, any reasonable expenses incurred for disposition.
Appears in 1 contract
Samples: Success Bancshares Inc
Removal at Termination. Tenant shall remove its trade fixtures, fixtures ---------------------- furniture, moveable equipment and other personal property from the Premises upon the natural termination of this Lease, Lease or at the time of the termination of Tenant’s 's right of possession. If Tenant does not, then Tenant shall be conclusively presumed to have, at Landlord’s 's election (i) conveyed such property to Landlord without compensation or (ii) abandoned such property, and Landlord may dispose of any part thereof in any manner without liability to Tenant or any other person. Landlord shall have no duty to be a bailee of any such personal property. If Landlord elects abandonment, Tenant shall pay to Landlord, upon demand, any reasonable expenses expenses) incurred for disposition.
Appears in 1 contract
Samples: Lease (Focal Communications Corp)