Common use of Removal of Trade Fixtures Clause in Contracts

Removal of Trade Fixtures. Provided Tenant is not in default hereunder, Tenant shall, at the expiry or earlier termination of the Term, remove its trade fixtures and all other personal property from the Premises and shall restore the Premises to the condition in which they existed prior to the installation and removal of such trade fixtures and other personal property and shall repair any damage caused thereby. If, at the expiry or earlier termination of the Term, Tenant does not remove its trade fixtures or any of its other property from the Premises, Landlord shall have no obligation in respect of any such trade fixtures or property and may sell or destroy the same or have them removed or stored at the expense of Tenant or dispose of them in any other manner whatsoever as may be determined by Landlord in its sole discretion; at the option of Landlord, such trade fixtures or property not removed at the expiry or earlier termination of the Term shall become the absolute property of Landlord without payment of any compensation therefor to Tenant and may be dealt with by Landlord in such manner as it determines.

Removal of Trade Fixtures. Provided All trade fixtures installed by the Tenant is in the Leased Premises shall remain the properly of the Tenant and shall be removed at the expiration of the Term, or other termination thereof, provided the Tenant shall promptly repair, at its expense, any damage to the Leased Premises caused by any such removal, and provided further that the Tenant shall not at such time be in default hereunderunder any covenant or agreement contained herein; and if in default, the Landlord shall have a lien on such fixtures and apparatus as security against loss or damage resulting from any such default by the Tenant shalland said fixtures and apparatus shall not be removed by the Tenant until such default is cured, unless otherwise directed by the Landlord. If at the expiry or earlier termination of the Term, remove its trade fixtures and all other personal property from the Premises and shall restore the Premises Tenant fails to the condition in which they existed prior to the installation and removal of such trade fixtures and other personal property and shall repair any damage caused thereby. If, at the expiry or earlier termination of the Term, Tenant does not remove its trade fixtures or any of its other property from properly on the Leased Premises, the Landlord shall have no obligation in respect of any such trade fixtures or property thereof and may in its sole discretion sell or destroy the same or have them removed or stored at the expense of Tenant the Tenant, or dispose of them in any other manner whatsoever as may be determined by Landlord in its sole discretion; at the option of the Landlord, such trade fixtures or property not removed at property, as the expiry or earlier termination of the Term case may be, shall become and shall be deemed to be the absolute property of the Landlord without payment of any compensation therefor to Tenant and may be dealt with by Landlord in such manner as it determinesthe Tenant.