Restoration of Leased Property Sample Clauses

Restoration of Leased Property. PB shall clean, repair, and restore the Leased Property to a condition substantially identical to that existing before the Event including the removal of all portable toilets and trash from the Leased Property by 4:00 p.m. on the Monday following the Event unless otherwise provided by this Agreement. Such cleaning will include the shelters and grills in the park. Such cleaning, repair, and restoration shall be deemed complete only where PB has obtained the verbal or writtenconfirmation of the Director of Parks and Recreation following the Director’sor Director’s designee’s inspection that the Leased Property has been cleaned and restored as required by this Agreement. If the Town cleans, repairs and/or restores all or any part of the Leased Property as a result ofPB’s failure to do so as required by this Agreement, the Town shall submit its invoice of charges incurred to PB and PB shall pay all such charges in full within five (5) days of receipt of the invoice or seven (7) days of mailing,whichever is less. Failure to pay such charges shall permit the Town to impose and collect such charges as a lien against the Site, refuse to approve future use of Town property, or seek or institute any other remedyprovided by law.
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Restoration of Leased Property. PB shall clean, repair, and restore the Leased Property to a condition substantially identical to that existing at 5:00 p.m. on July 23, 2019, including the removal of all portable toilets and trash from the Leased Property by 4:00 p.m. on Monday, July 29, 2019 unless otherwise provided by this Agreement. Such cleaning will include the shelters and grills in the park. Such cleaning, repair, and restoration shall be deemed complete only where PB has obtained the verbal or written confirmation of the Director of Parks and Recreation following the Director’s or Director’s designee’s inspection that the Leased Property has been cleaned and restored as required by this Agreement. If the Town cleans, repairs and/or restores all or any part of the Leased Property as a result of PB’s failure to do so as required by this Agreement, the Town shall submit its invoice of charges incurred to PB and PB shall pay all such charges in full within five (5) days of receipt of the invoice or seven (7) days of mailing, whichever is less. Failure to pay such charges shall permit the Town to impose and collect such charges as a lien against the Site, refuse to approve future use of Town property, or seek or institute any other remedy provided by law.
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Restoration of Leased Property. TBF shall clean, repair, and restore the Leased Property to a condition substantially identical to that existing at 5:00 p.m. on August 13, 2017, including the removal of all portable toilets and trash from the Leased Property by 5:00 p.m. on the last day of the lease unless otherwise provided by this Agreement. Such cleaning, repair, and restoration shall be deemed complete only where TBF has obtained the verbal or written confirmation of the Director of Parks and Recreation following the Director or Director’s designee inspection that the Leased Property has been cleaned and restored as required by this Agreement. If the Town cleans, repairs and/or restores all or any part of the Leased Property as a result of TBF’s failure to do so as required by this Agreement, the Town shall submit its invoice of charges incurred to TBF and TBF shall pay all such charges in full within five (5) days of receipt of the invoice or seven (7) days of mailing, whichever is less. Failure to pay such charges shall permit the Town to impose and collect such charges as a lien against the Site, refuse to approve future use of Town property, or seek or institute any other remedy provided by law.
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Restoration of Leased Property. TBF shall clean, repair, and restore the Leased Property to a condition substantially identical to that existing at 5:00 p.m. on August 15, 2018, including the removal of all portable toilets and trash from the Leased Property by 4:00
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Restoration of Leased Property. (a) In the event that Landlord's lender requires that any condemnation proceeds be applied to reduce the principal amount of any loan secured by the Leased Property, then Landlord shall use its best efforts to fund the repair or reconstruction of the Leased Property (to the extent such repair or reconstruction is required or permitted pursuant to this Lease and to the extent such repair and reconstruction is not funded through condemnation proceeds) through customary, commercially reasonable, fixed-rate debt financing (which shall, in all events, be at a rate that is less than the Landlord's Equity Rate). In the event that Landlord is unable to fully fund the repair or reconstruction of the Leased Property through customary, commercially reasonable, fixed-rate debt financing, Landlord shall fund with equity that portion of such cost which it cannot fund through customary, commercially reasonable, fixed-rate debt financing. (b) In the event Landlord's lender requires that any condemnation proceeds be applied to reduce the principal amount of any loan, regardless of whether any repairs or reconstruction are funded by Landlord pursuant to Section 11.6(a) above, the Landlord's Debt shall be reduced by an amount equal to the condemnation proceeds applied to reduce the principal amount of the loan secured by the Leased Property and Minimum Rent shall be reduced accordingly. In addition, in the event Landlord funds (through debt financing or equity) any repairs or reconstruction pursuant to Section 11.6(a) above, Minimum Rent shall be increased by an amount equal to the cost of restoration or repair of the Leased Property that is funded by Landlord (through debt financing or equity) x (Debt Constant x (debt proceeds/the cost of restoration or repair of the Leased Property that is funded by Landlord (through debt financing or equity))) + the cost of restoration or repair of the Leased Property that is funded by Landlord (through debt financing or equity) x (Landlord Equity Rate x (equity proceeds/the cost of restoration or repair of the Leased Property that is funded by Landlord (through debt financing or equity))). Landlord and Tenant shall, at such time, execute an amendment to this Lease to confirm the above-described adjustment to Minimum Rent.
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Restoration of Leased Property. Before the expiration of the LEASE, or prior to surrender of the LEASED PROPERTY if the LEASE has been terminated prior to LEASE expiration (subject to the language below), LESSEE shall restore the LEASED PROPERTY and each item thereof or thereupon to the condition in which it was first received and used by XXXXXX, or to such improved condition as may have resulted from any improvement made therein by the GOVERNMENT or by XXXXXX, subject however, to ordinary wear and tear and loss or damage for which LESSEE is not expressly liable hereunder; Provided, in the event the GOVERNMENT shall terminate this LEASE upon less than thirty (30) day notice LESSEE shall have thirty (30) days from receipt of notice of termination to accomplish such restoration.
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Restoration of Leased Property. Before the expiration of the LEASE or any extension thereof, or prior to surrender of the LEASED PROPERTY if the LEASE has been terminated prior to LEASE expiration (subject to Clause 18 (a) of the LEASE), LESSEE shall restore the LEASED PROPERTY and each item thereof or thereupon to the condition in which it was first received and used by XXXXXX, or to such improved condition as may have resulted from any improvement made therein by the GOVERNMENT or by XXXXXX, subject however, to ordinary wear and tear and loss or damage for which XXXXXX is not expressly liable hereunder; Provided, in the event the GOVERNMENT shall terminate this LEASE upon less than thirty (30) days’ notice LESSEE shall have thirty (30) days from receipt of notice of termination to accomplish such restoration.
Sample 1
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Restoration of Leased Property. FDGD shall clean, repair, and restore the Leased Property to a condition substantially identical, as reasonable and possible depending on weather, to that existing on March 8th, 2019, including the removal of all portable toilets and trash, recycling, and composting from the Leased Property by 5:00 p.m. on March 11th, 2019, unless otherwise provided by this Agreement. The Town of Nederland Public Works leadership will attend a pre- and post-event walk through of event locations. Any necessary cleaning, repair, and restoration shall be deemed complete only where FDGD has obtained the verbal or written confirmation of the Public Works Manager following the Manager or Manager’s designee inspection that the Leased Property has been cleaned and restored as required by this Agreement. Where the Town cleans, repairs and/or restores all or any part of the Leased Property, the Town may deduct the cost thereof from the Public Facility Use Deposit required by Section 7 of this Agreement. If such Deposit is inadequate to cover such cost, the Town shall submit its invoice of charges incurred to FDGD, and FDGD shall pay all such charges in full within five (5) days of receipt of the invoice or seven (7) days of mailing, whichever is less. Failure to pay such charges shall permit the Town to refuse to approve future use of Town property, or seek or institute any other remedy provided by law.
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Related to Restoration of Leased Property

  • Condition of Leased Property Tenant acknowledges receipt and delivery of possession of the Leased Property and Tenant accepts the Leased Property in its “as is” condition, subject to the rights of parties in possession, the existing state of title, including all covenants, conditions, restrictions, reservations, mineral leases, easements and other matters of record or that are visible or apparent on the Leased Property, all applicable Legal Requirements, the lien of any financing instruments, mortgages and deeds of trust existing prior to the Commencement Date or permitted by the terms of this Agreement, and such other matters which would be disclosed by an inspection of the Leased Property and the record title thereto or by an accurate survey thereof. TENANT REPRESENTS THAT IT HAS INSPECTED THE LEASED PROPERTY AND ALL OF THE FOREGOING AND HAS FOUND THE CONDITION THEREOF SATISFACTORY AND IS NOT RELYING ON ANY REPRESENTATION OR WARRANTY OF LANDLORD OR LANDLORD’S AGENTS OR EMPLOYEES WITH RESPECT THERETO AND TENANT WAIVES ANY CLAIM OR ACTION AGAINST LANDLORD IN RESPECT OF THE CONDITION OF THE LEASED PROPERTY. LANDLORD MAKES NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IN RESPECT OF THE LEASED PROPERTY OR ANY PART THEREOF, EITHER AS TO ITS FITNESS FOR USE, DESIGN OR CONDITION FOR ANY PARTICULAR USE OR PURPOSE OR OTHERWISE, AS TO THE QUALITY OF THE MATERIAL OR WORKMANSHIP THEREIN, LATENT OR PATENT, IT BEING AGREED THAT ALL SUCH RISKS ARE TO BE BORNE BY TENANT. To the maximum extent permitted by law, however, Landlord hereby assigns to Tenant all of Landlord’s rights to proceed against any predecessor in interest or insurer for breaches of warranties or representations or for latent defects in the Leased Property. Landlord shall fully cooperate with Tenant in the prosecution of any such claims, in Landlord’s or Tenant’s name, all at Tenant’s sole cost and expense. Tenant shall indemnify, defend, and hold harmless Landlord from and against any loss, cost, damage or liability (including reasonable attorneys’ fees) incurred by Landlord in connection with such cooperation.

  • Condition of Leased Premises Tenant hereby acknowledges that Xxxxxx has examined the leased premises prior to the signing of this Lease, or knowingly waived said examination. Tenant acknowledges that Tenant has not relied on any representations made by Landlord or Landlord’s agents regarding the condition of the leased premises and that Tenant takes premises in its AS-IS condition with no express or implied warranties or representations beyond those contained herein or required by applicable Georgia law. Xxxxxx agrees not to damage the premises through any act or omission, and to be responsible for any damages sustained through the acts or omissions of Tenant, Xxxxxx’s family or Xxxxxx’s invitees, licensees, and/or guests. If such damages are incurred, Tenant is required to pay for any resulting repairs at the same time and in addition to the next month’s rent payment, with consequences for non-payment identical to those for non- payment of rent described herein. At the expiration or termination of the Lease, Tenant shall return the leased premises in as good condition as when taken by Tenant at the commencement of the lease, with only normal wear-and-tear excepted. Any modification of this lease shall not be binding upon Landlord unless in writing and signed by Landlord or Landlord’s authorized agent. No oral representation shall be effective to modify this Lease. If, as per the terms of this paragraph, any provision of this lease is newly added, modified, or stricken out, the remainder of this Lease shall remain in full force and effect.

  • Use of Leased Property Xxxxxx agrees to use the Leased Property only as residence. Xxxxxx agrees to obey all federal, state and local laws and regulations when using the Leased Property. Xxxxxx agrees not to store any flammable or dangerous things in or around the Leased Property. Xxxxxx agrees not to do anything in or around the Leased Property, which could harm anyone or damage any property. Xxxxxx agrees that Tenant will not allow more than one person per bedroom to live in the Leased Property without the written permission of Landlord. The fact that Tenant may have conflict with a roommate will not act as grounds to terminate this Lease. In the event that Xxxxxx is arrested for or charged with any crime (other than a traffic related offense not involving illegal or controlled substances) during the term of the Lease, and/or Landlord is presented with evidence of activities of Tenant which shall constitute a nuisance or a threat to Landlord, other tenants, the Leased Property or the development, Landlord shall have the right to evict Tenant from the Leased Property.

  • DESCRIPTION OF LEASED PREMISES The Lessor agrees to lease to the Lessee the following described square feet (SF) of Additional Description: Hereinafter known as the “Premises”.

  • Condition of the Leased Property Lessee acknowledges receipt and delivery of possession of the Leased Property. Lessee has examined and otherwise has knowledge of the condition of the Leased Property and has found the same to be satisfactory for its purposes hereunder. Lessee is leasing the Leased Property “as is” in its present condition. Lessee waives any claim or action against Lessor in respect of the condition of the Leased Property. LESSOR MAKES NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IN RESPECT OF THE LEASED PROPERTY, OR ANY PART THEREOF, EITHER AS TO ITS FITNESS FOR USE, DESIGN OR CONDITION FOR ANY PARTICULAR USE OR PURPOSE OR OTHERWISE, AS TO THE QUALITY OF THE MATERIAL OR WORKMANSHIP THEREIN, LATENT OR PATENT, IT BEING AGREED THAT ALL SUCH RISKS ARE TO BE BORNE BY LESSEE. LESSEE ACKNOWLEDGES THAT THE LEASED PROPERTY HAS BEEN INSPECTED BY LESSEE AND IS SATISFACTORY TO IT. Provided, however, to the extent permitted by law, Lessor hereby assigns to Lessee all of Lessor’s rights to proceed against any predecessor in title (other than any Affiliate of Lessee, which conveyed the Property to Lessor) for breaches of warranties or representations or for latent defects in the Leased Property. Lessor shall fully cooperate with Lessee in the prosecution of any such claim, in Lessor’s or Lessee’s name, all at Lessee’s sole cost and expense. Lessee hereby agrees to indemnify, defend and hold harmless Lessor from and against any claims, obligations and liabilities against or incurred by Lessor in connection with such cooperation.

  • Surrender of Leased Premises 26.1 Tenant shall, at least ninety (90) days before the last day of the term hereof, give to Landlord a written notice of intention to surrender the leased premises on that date, but nothing contained herein shall be construed as an extension of the term hereof or as consent of Landlord to any holding over by Tenant. At the end of the term or any renewal thereof or other sooner termination of this Lease, Tenant will peaceably deliver up to the Landlords possession of the leased premises, together with all improvements or additions upon or belonging to the same, by whosoever made, in substantially the same condition as received, or first installed, ordinary wear and tear and damage by fire, earthquake, act of God or the elements alone excepted. Tenant may, upon the termination of this Lease, remove, at Tenants sole cost, all trade fixtures installed by Tenant, title to which shall be in Tenant until such termination, repairing any damage to the leased caused by such removal. Any of Tenants personal property and trade fixtures not removed by Tenant at the end of the term or other sooner termination of this Lease shall be deemed abandoned by the Tenant if Landlord so elects, and Landlord shall remove, store and disposing of Tenants abandoned personal property and trade fixtures. Tenant shall indemnify Landlord against any loss or liability resulting from delay by Tenant in so surrendering the leased premises, including without limitation, any claims made by any succeeding Tenant founded on such delay.

  • Construction of Lease This Lease has been prepared by Landlord and its professional advisors and reviewed by Tenant and its professional advisors. Landlord, Tenant, and their advisors believe that this Lease is the product of all their efforts, that it expresses their agreement, and agree that it shall not be interpreted in favor of either Landlord or Tenant or against either Landlord or Tenant merely because of their efforts in preparing it.

  • Acceptance of Leased Premises On or before the Possession Date, Tenant and Landlord shall each execute the letter agreement in the form attached hereto as Exhibit E (the “Letter Agreement”). By its execution of the Letter Agreement or occupancy of the Leased Premises, Tenant shall be deemed to represent and certify that it has examined the Leased Premises and that it thereby accepts the Leased Premises in its condition at the time, except for the list of defects and/or omissions identified in writing prior to the Possession Date (the “Punch-List”) and latent defects, but subject, in all cases, to Landlord’s repair, maintenance and replacement obligations set forth in this Lease and to the warranty related to the Tenant Improvements, as provided in the Work Letter Agreement. After the notice provided in Section 3.03 and prior to the Possession Date, the parties shall meet in the Leased Premises to establish the Punch-List. Landlord shall review the Punch-List items with Tenant and correct all undisputed Punch- List items within a reasonable time, not to exceed thirty (30) days after receipt of the Punch- List; provided that, if any Punch-List items cannot be corrected within such thirty (30) day period despite reasonable diligence by Landlord, then, so long as Landlord commences correction of such Punch-List items within such thirty (30) day period and diligently pursues such correction to completion, no default by Landlord shall be deemed to have occurred. Punch-List items for completion taking longer than six (6) months to complete (and not otherwise the result of Force Majeure, Tenant Delay, or the COVID-19 Condition) shall trigger a day for day prorated Minimum Monthly Rent abatement. The Tenant Improvements shall be subject to a two (2) year warranty, from the Possession Date, with regard to materials, design and workmanship, as provided in more detail in the Work Letter Agreement. Tenant shall reasonably cooperate with Landlord in providing required information as needed for Landlord to pursue vendor warranties on a timely basis, as requested in writing by Landlord. Landlord will pursue any valid warranty claims against its contractor beyond the two (2) year warranty provided that any expenses incurred and/or any recovery obtained shall be treated as either additional Operating Costs or an offset to Operating Costs under Section 5.03(a).

  • 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.

  • Leased Property Upon and subject to the terms and conditions hereinafter set forth, Landlord leases to Tenant and Tenant leases from Landlord all of Landlord's right, title and interest in and to all of the following (collectively, the "Leased Property"): (a) the land that is more particularly described in Exhibit C, attached hereto and made a part hereof (the "Land"); (b) all buildings, structures and other improvements of every kind including, but not limited to, the Retirement Community, alleyways and connecting tunnels, sidewalks, utility pipes, conduits and lines (on-site and off-site), parking areas and roadways appurtenant to such buildings and structures presently situated upon the Land (collectively, the "Leased Improvements"); (c) all easements, rights and appurtenances relating to the Land and the Leased Improvements; (d) all equipment, machinery, fixtures, and other items of property, now or hereafter permanently affixed to or incorporated into the Leased Improvements, including, without limitation, all furnaces, boilers, heaters, electrical equipment, heating, plumbing, lighting, ventilating, refrigerating, incineration, air and water pollution control, waste disposal, air-cooling and air-conditioning systems and apparatus, sprinkler systems and fire and theft protection equipment, all of which, to the maximum extent permitted by law, are hereby deemed by the parties hereto to constitute real estate, together with all replacements, modifications, alterations and additions thereto, but specifically excluding all items included within the category of Tenant's Personal Property (collectively, the "Fixtures"); (e) all machinery, equipment, furniture, furnishings, moveable walls or partitions, computers or trade fixtures located on or in the Leased Improvements, and all modifications, replacements, alterations and additions to such property, except items, if any, included within the category of Fixtures, but specifically excluding all items included within the category of Tenant's Personal Property (collectively, the "Leased Personal Property"); and (f) all of the Leased Intangible Property.

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