REMOVAL OF EQUIPMENT UPON TERMINATION Sample Clauses

REMOVAL OF EQUIPMENT UPON TERMINATION. Upon termination of this agreement, the School shall remove all of the School’s equipment, property and fixtures used by the School during the term of this licence agreement.
Sample 1
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REMOVAL OF EQUIPMENT UPON TERMINATION. LESSEE shall remove the Equipment and repair and restore the affected areas of the Premises prior to the expiration of this agreement, and to the extent reasonably requested by LESSOR, restore the Premises as nearly as possible to the condition in which it existed immediately prior to the Commencement Date, including, but not limited to, removing rooftop mounts and tie downs (if applicable), electrical conduits, cabling and switches, whether underground or above-ground, reasonable wear and tear excepted. If this agreement is terminated by either party earlier than the expiration of the term, LESSEE shall remove the Equipment and repair and restore the affected areas of the Premises no later than sixty (60) days after notice of termination. Removal of the Equipment shall be at LESSEE’s sole cost and expense, except as specifically provided otherwise in this agreement. In the event that LESSEE fails to remove equipment within sixty (60) days of termination under this section, the LESSOR may remove equipment and LESSEE may be billed for all costs associated with removal of equipment as defined within Section 6 herein. Both LESSEE and LESSOR shall take or make avialble to each other photo or electronic files of the Premises prior to occupancy and upon termination and removal of equipment showing compliance with the requirement as outlined above.
Sample 1
REMOVAL OF EQUIPMENT UPON TERMINATION. Upon expiration or earlier termination of this Agreement, I3S shall have the right (subject to I3S's obligation to repair damage to the Property that is set forth in Section 6.3(a) above), at its expense, to remove the Equipment, if any, from the Property within sixty (60) days from the date of such expiration or termination. Thereafter, ownership and all right, title and interest to and of the Equipment shall automatically transfer to ARCHSTONE (and I3S shall deliver good, valid and marketable title to ARCHSTONE free and clear of all liens, encumbrances, pledges and/or charges of any kind, and I3S shall promptly execute a bill xx sale for the Equipment as reasonably prepared by ARCHSTONE, provided that the absence of such a bill xx sale shall in no way limit the transfer of ARCHSTONE set forth herein). Notwithstanding the foregoing, I3S shall remain liable for (shall indemnify ARCHSTONE from, and shall promptly satisfy) any liens, encumbrances, pledges and/or charges of any kind on such Equipment and/or personal property that were placed thereon due to actions or omissions of I3S, its employees, agents (other than ARCHSTONE) or contractors.
Sample 1

Related to REMOVAL OF EQUIPMENT UPON TERMINATION

  • Action Upon Termination (a) From and after the effective date of termination of this Agreement, pursuant to Sections 13, 14, or 15 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 or Section 15(b), the applicable Termination Fee. Upon such termination, the Manager shall forthwith:

  • Procedure Upon Termination In the event of termination by Buyer or Seller, as applicable, pursuant to Section 6.1 hereof, written notice thereof shall forthwith be given to the other party and the transactions contemplated by this Agreement shall be terminated without further action by Buyer or Seller. If the transactions contemplated by this Agreement are so terminated:

  • Upon Termination In the event this Agreement is terminated by the OAG, the Provider will deliver documentation of ownership or title, if appropriate for all supplies, equipment and personal property purchased with grant funds to the OAG, within 30 days after termination of this Agreement. Any finished or unfinished documents, data, correspondence, reports and other products prepared by or for the Provider under this Agreement will be made available to and for the exclusive use of the OAG.

  • Payment Upon Termination In the event that the City or Consultant terminates this Agreement pursuant to Section 8, the City shall compensate the Consultant for all outstanding costs and reimbursable expenses incurred for work satisfactorily completed as of the date of written notice of termination. Consultant shall maintain adequate logs and timesheets in order to verify costs incurred to that date. The City shall have no obligation to compensate Consultant for work not verified by logs or timesheets.

  • Lessor Termination Option If a Hazardous Substance Condition occurs during the term of this Lease, unless Lessee is legally responsible therefor (in which case Lessee shall make the investigation and remediation thereof required by the Applicable Requirements and this Lease shall continue in full force and effect, but subject to Lessor's rights under Paragraph 6.2(d) and Paragraph 13), Lessor may, at Lessor's option, either (i) investigate and remediate such Hazardous Substance Condition, if required, as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) if the estimated cost to remediate such condition exceeds twelve (12) times the then monthly Base Rent or $100,000, whichever is greater, give written notice to Lessee, within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such Hazardous Substance Condition, of Lessor's desire to terminate this Lease as of the date sixty (60) days following the date of such notice. In the event Lessor elects to give a termination notice, Lessee may, within ten (10) days thereafter, give written notice to Lessor of Lessee's commitment to pay the amount by which the cost of the remediation of such Hazardous Substance Condition exceeds an amount equal to twelve (12) times the then monthly Base Rent or $100,000, whichever is greater. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days following such commitment. In such event, this Lease shall continue in full force and effect, and Lessor shall proceed to make such remediation as soon as reasonably possible after the required funds are available. If Lessee does not give such notice and provide the required funds or assurance thereof within the time provided, this Lease shall terminate as of the date specified in Lessor's notice of termination.

  • Liability Upon Termination Termination of this Agreement, or any part hereof, for any cause shall not release either Party from any liability which at the time of termination had already accrued to the other Party or which thereafter accrues in any respect to any act or omission occurring prior to the termination or from an obligation which is expressly stated in this Agreement to survive termination.

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