Return of Shops Sample Clauses

Return of Shops. 1. When the lease period expires or this contract is terminated early according to the contract (or legal provisions), Party B shall promptly clean up all property and facilities belonging to Party B in the store. If Party B fails to dispose of the property or facilities within the time limit, it shall be deemed that Party B automatically Party A can dispose of the abandoned items at will, and Party B shall not raise any objection. 2. If the lease period expires or this contract is terminated early according to the contract (or legal provisions), Party B shall ensure that the shop is restored to its original condition. However, the obligation to restore the store to its original condition may be waived if Party A’s written understanding or consent is obtained; Otherwise, Party A has the right to charge Party B all the expenses required for restoration to the original status, which Party A can deduct from the contract deposit paid by Party B. Party B shall not damage the structure and ancillary facilities of the shop. If there is any damage, all losses shall be borne by Party B, and Party A may deduct it from the contract deposit paid by Party B. 3. If the lease period expires or this contract is terminated or terminated early according to the contract (or legal provisions), Party B shall move out of the store before the expiration of the lease period or within three days from the date of receipt of the termination notice from Party A; Party B fails to do so within the agreed period. If Party B moves out of the shop within the time limit, Party B shall pay Party A the house occupancy fee at twice the rent agreed in this contract. 4. After the lease contract expires, Party B must move the business license; if Party B does not move when the lease expires, a penalty of 1,000 yuan per day will be charged.
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Return of Shops. 14.1 Date of return and scope of application 14.1.1 Party B shall return the shop within the day of expiration of the lease term agreed upon in this contract. 14.1.2 In addition to the normal termination of the term of the lease term, including but not limited to the unilateral termination of this contract by either party, or the early termination of this contract due to other reasons such as force majeure or accident, Party B shall, in accordance with Party A’s notice of return. The shop is returned on the date specified. 14.2 Return status and decoration and attachment of ancillary facilities/equipment 14.2.1 After the contract was terminated (for any reason), Party B shall, at its own expense, remove all movable items belonging to Party B from the shop, depart the non-movable items, and repair the shop’s damage because of the removal. And [/] damage caused by other areas, the store is restored to the state at the time of delivery of the store (except for wear caused by normal use). Party A has the right to request Party B to entrust the company designated by Party A to carry out the restoration work of the shop, and the relevant expenses shall be borne by Party B. If Party A agrees to retain the original condition of the shop, the decoration, equipment, facilities and additions and alterations (hereinafter referred to as non-movable items) that are added by the Party B and are inseparable from the store shall be owned by Party A without compensation. Party A shall not compensate for this. For professional facilities such as gas and fire protection, Party B shall entrust a company with corresponding professional qualifications to dismantle it in accordance with Party A's requirements. Party A may also dismantle it by itself, but Party B shall pay the relevant fees, otherwise it shall be deducted from Party B's lease deposit. 14.2.2 If the status of the shop is not in compliance with the provisions of the preceding paragraph, Party A has the right to request Party B to take all measures or Party A to take measures to make the condition of the shop comply with the provisions of the preceding paragraph, and all expenses incurred thereby are borne by Party B. If Party A finds that the shop has any damage, or loss of decoration, equipment and facilities belonging to Party A (except for natural wear and tear), Party A has the right to request Party B to compensate for the loss and deduct it from the lease deposit. If the lease deposit is insufficient to compen...

Related to Return of Shops

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  • Acquisition of Shares The Borrower will not acquire any equity, share capital, assets or obligations of any corporation or other entity or permit its Shares to be held by any party other than the Shareholder.

  • Combination of Shares If the number of shares of Common Stock outstanding at any time after the date hereof is decreased by a combination of the outstanding shares of Common Stock, the per share Exercise Price shall be appropriately increased and the number of shares of Warrant Shares shall be appropriately decreased in proportion to such decrease in outstanding shares.

  • Disposition of Shares In the case of an NSO, if Shares are held for at least one year, any gain realized on disposition of the Shares will be treated as long-term capital gain for federal income tax purposes. In the case of an ISO, if Shares transferred pursuant to the Option are held for at least one year after exercise and of at least two years after the Date of Grant, any gain realized on disposition of the Shares will also be treated as long-term capital gain for federal income tax purposes. If Shares purchased under an ISO are disposed of within one year after exercise or two years after the Date of Grant, any gain realized on such disposition will be treated as compensation income (taxable at ordinary income rates) to the extent of the difference between the Exercise Price and the lesser of (1) the Fair Market Value of the Shares on the date of exercise, or (2) the sale price of the Shares. Any additional gain will be taxed as capital gain, short-term or long-term depending on the period that the ISO Shares were held.

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