Common use of Return of the Premises Clause in Contracts

Return of the Premises. 15.1 Upon expiration or termination of this Agreement, the Lessee shall return the Premises to the Lessor in a clean and tidy condition in the same state as at the time of the Commencement date under consideration of normal wear and tear. If the Premises show wear and tear in excess to that, the Lessor is entitled to charge reasonably necessary repair costs to Lessee and the Lessee shall be obliged to bear these costs, such costs to be reasonable. 15.2 Upon return of the Premises to the Lessor, the Lessor and the Lessee shall agree upon and sign a handover protocol, in which the state as well as all defects of the Premises that the Lessee is liable to repair, readings of any meters installed to record the consumption of utilities, handover of all keys and electronic security cards and handover of all technical or other instruction manuals will be recorded. 15.3 Upon return of the Premises, the Lessee shall return all keys to external doors and electronic cards, including duplicates, to the Lessor. 15.4 If the Lessee is delayed in returning and vacating the Premises after expiration or termination of this Agreement, unless such delay is agreed by the Parties in writing, the Lessee shall be obliged to pay to the Lessor a monthly contractual penalty amounting to twice the Rent for the period of delay until the Premises have been returned to the Lessor. In case such delay does not last for a whole month(s), the Lessor shall be entitled to a proportional penalty for each day of delay. 15.5 Unless agreed otherwise in writing, the Lessee shall be entitled to decide whether any alterations, technical improvements, finishes and fixtures and Non-structural changes made after the date hereof in the Premises which were provided by the Lessor, (i) will be removed by the Lessee at his expense prior to termination of this Agreement or (ii) will remain in the Premises. In the second case the Lessor shall not be obliged to provide the Lessee with any financial compensation for the technical improvement performed by the Lessee at its own costs within the Premises, unless expressly stated otherwise in this Agreement. The provisions of this Article hereof shall be also effective after the expiry or termination of this Agreement.

Return of the Premises. 15.1 Upon expiration or termination of this Agreementits departure, the Lessee LESSEE shall return the Premises in a good state of maintenance or, failing that, shall pay to the Lessor in a clean and tidy condition in LESSOR the same state as at the time cost of the Commencement date under consideration of normal wear work necessary to bring them into condition for their re-lease, and tear. If the Premises show resulting dilapidation resulting from wear and tear in excess to thatremains at the LESSEE’s expense. To this end, the Lessor is entitled to charge reasonably necessary repair costs to Lessee and the Lessee shall be obliged to bear these costs, such costs to be reasonable. 15.2 Upon return statement of condition of the Premises shall be prepared, in the presence of the duly convened LESSEE, no later than the day of expiry of the Lease or at the end of possession, after which the LESSEE shall deliver the keys to the Lessor, LESSOR If the Lessor LESSEE was absent on the days and times fixed for the Lessee shall agree upon and sign a handover protocol, in which the state as well as all defects statement of the Premises that the Lessee is liable to repair, readings of any meters installed to record the consumption of utilities, handover of all keys and electronic security cards and handover of all technical or other instruction manuals will be recorded. 15.3 Upon return condition of the Premises, it shall be prepared by a bailiff, if necessary with the Lessee shall return all keys to external doors and electronic cards, including duplicates, to assistance of a locksmith at the Lessor. 15.4 If the Lessee is delayed in returning and vacating LESSEE’s exclusive expense. The statement of condition of the Premises after expiration or termination shall include, if appropriate, a statement of this Agreementrepairs to be made, unless such delay is agreed which shall be established by the Parties in writing, LESSOR’s architect to whom the Lessee shall be obliged parties give irrevocable commission to pay to the Lessor a monthly contractual penalty amounting to twice the Rent for the period of delay until the Premises have been returned to the Lessor. In case such delay does not last for a whole month(s), the Lessor shall be entitled to a proportional penalty for each day of delay. 15.5 Unless agreed otherwise in writing, the Lessee shall be entitled to decide whether any alterations, technical improvements, finishes and fixtures and Non-structural changes made after the date hereof in the Premises which were provided by the Lessor, (i) will be removed by the Lessee at his expense prior to termination of this Agreement or (ii) will remain in the Premiseseffect. In the second case event that work should be shown to be needed, the Lessor LESSOR shall not prepare an estimate to which the LESSEE shall give its consent within ten days of notification of their cost. In the absence of response from the LESSEE, the amount to return the Premises to good condition will be obliged deemed to provide be approved by the Lessee with any financial compensation for LESSEE and the technical improvement LESSOR may have the work performed by contractors of its choice, and the Lessee cost of such work shall remain at its own costs within the Premises, unless expressly stated otherwise in this Agreement. The provisions of this Article hereof shall be also effective after the expiry or termination of this AgreementLESSEE’s sole expense.

Return of the Premises. 15.1 Upon expiration or termination of this Agreement, the Subsection 1 The Lessee shall return the Premises to on the date notified by the Lessor in a clean and tidy condition in after the same state as at the time expiry of the Commencement date under consideration of normal wear and tearContract. If the Premises show are not returned on schedule due to a reason attributable to the Lessee and the Premises have been leased by a new lessee, the Lessor shall have the right to request the Lessee to evacuate from the Premises within 3 days and withhold the Deposit paid by the Lessee, either partially or entirely, as the compensation of the economic losses suffered by the Lessor as a result of such delay in evacuating from the Premises by the Lessee. If the Deposit is not sufficient to compensate for the losses suffered by the Lessor therefrom, the Lessor shall have the right to claim such deficiency from the Lessee. In case the Premises have not yet been leased by a new lessee, the Lessor shall regard the Lessee has renewed the lease, under which circumstances the Lessee shall complete the formalities for renewal. If the Lessee fails to complete such formalities for renewal, the Lessor has the right to request the Lessee to be evacuated from the Premises immediately and withhold the Deposit paid by the Lessee, either partially or entirely, as the compensation of the economic losses suffered by the Lessor as a result of such delay in evacuating from the Premises by the Lessee. Subsection 2 When the Lessee returns the Premises upon the expiry of the Contract, the Premises leased shall be of a good condition (except for natural wear and tear in excess tear). If the Lessor discovers any damage to thatthe Premises or facilities due to a reason attributable to the Lessee, the Lessor has the right to withhold the Deposit to offset the relevant reasonable losses. If the Deposit is not sufficient to compensate for such losses suffered by the Lessor, the Lessee shall make up the deficiency to the Lessor within 3 days after the receipt of the written notice issued by the Lessor. Subsection 3 In terms of any annexure to the Premises by the Lessee (with the permit of the Lessor), it is not necessary that the Lessor will request the Lessee to restore the Premises to the original status after the expiry of the lease. If the Lessee doesn’t restore the Premises to the original status, the Lessor is entitled not obligated to charge reasonably necessary repair costs to Lessee and compensate the Lessee shall be obliged to bear these costs, such costs to be reasonable. 15.2 Upon return in terms of the Premises to the Lessor, the Lessor and the Lessee shall agree upon and sign a handover protocol, in which the state as well as all defects costs of the Premises that the Lessee is liable to repair, readings of any meters installed to record the consumption of utilities, handover of all keys and electronic security cards and handover of all technical or other instruction manuals will be recordedsuch annexure. 15.3 Upon return of the Premises, the Lessee shall return all keys to external doors and electronic cards, including duplicates, to the Lessor. 15.4 If the Lessee is delayed in returning and vacating the Premises after expiration or termination of this Agreement, unless such delay is agreed by the Parties in writing, the Lessee shall be obliged to pay to the Lessor a monthly contractual penalty amounting to twice the Rent for the period of delay until the Premises have been returned to the Lessor. In case such delay does not last for a whole month(s), the Lessor shall be entitled to a proportional penalty for each day of delay. 15.5 Unless agreed otherwise in writing, the Lessee shall be entitled to decide whether any alterations, technical improvements, finishes and fixtures and Non-structural changes made after the date hereof in the Premises which were provided by the Lessor, (i) will be removed by the Lessee at his expense prior to termination of this Agreement or (ii) will remain in the Premises. In the second case the Lessor shall not be obliged to provide the Lessee with any financial compensation for the technical improvement performed by the Lessee at its own costs within the Premises, unless expressly stated otherwise in this Agreement. The provisions of this Article hereof shall be also effective after the expiry or termination of this Agreement.

Return of the Premises. 15.1 Upon expiration or termination of this Agreement, the Subsection 1 The Lessee shall return the Premises to on the date notified by the Lessor in a clean and tidy condition in after the same state as at the time expiry of the Commencement date under consideration of normal wear and tearContract. If the Premises show are not returned on schedule due to a reason attributable to the Lessee and the Premises have been leased by a new lessee, the Lessor shall have the right to request the Lessee to evacuate from the Premises within 3 days and withhold the Deposit paid by the Lessee, either partially or entirely. If the Deposit is not sufficient to compensate for the losses suffered by the Lessor therefrom, the Lessor shall have the right to claim such deficiency from the Lessee. In case the Premises have not yet been leased by a new lessee, the Lessor shall regard the Lessee has renewed the lease, under which circumstances the Lessee shall complete the formalities for renewal. If the Lessee fails to complete such formalities for renewal, the Lessor has the right to request the Lessee to be evacuated from the Premises immediately and withhold the Deposit paid by the Lessee, either partially or entirely. Subsection 2 When the Lessee returns the Premises upon the expiry of the Contract, the Premises leased shall be of a good condition (except for natural wear and tear in excess tear). If the Lessor discovers any damage to thatthe Premises or facilities due to a reason attributable to the Lessee, the Lessor has the right to withhold the Deposit to offset the relevant losses. If the Deposit is not sufficient to compensate for such losses suffered by the Lessor, the Lessee shall make up the deficiency to the Lessor within 3 days after the receipt of the written notice issued by the Lessor. Subsection 3 In terms of any annexure to the Premises by the Lessee (with the permit of the Lessor), it is not necessary that the Lessor will request the Lessee to restore the Premises to the original status after the expiry of the lease. If the Lessee doesn’t restore the Premises to the original status, the Lessor is entitled not obligated to charge reasonably necessary repair costs to Lessee and compensate the Lessee shall be obliged to bear these costs, such costs to be reasonable. 15.2 Upon return in terms of the Premises to the Lessor, the Lessor and the Lessee shall agree upon and sign a handover protocol, in which the state as well as all defects costs of the Premises that the Lessee is liable to repair, readings of any meters installed to record the consumption of utilities, handover of all keys and electronic security cards and handover of all technical or other instruction manuals will be recordedsuch annexure. 15.3 Upon return of the Premises, the Lessee shall return all keys to external doors and electronic cards, including duplicates, to the Lessor. 15.4 If the Lessee is delayed in returning and vacating the Premises after expiration or termination of this Agreement, unless such delay is agreed by the Parties in writing, the Lessee shall be obliged to pay to the Lessor a monthly contractual penalty amounting to twice the Rent for the period of delay until the Premises have been returned to the Lessor. In case such delay does not last for a whole month(s), the Lessor shall be entitled to a proportional penalty for each day of delay. 15.5 Unless agreed otherwise in writing, the Lessee shall be entitled to decide whether any alterations, technical improvements, finishes and fixtures and Non-structural changes made after the date hereof in the Premises which were provided by the Lessor, (i) will be removed by the Lessee at his expense prior to termination of this Agreement or (ii) will remain in the Premises. In the second case the Lessor shall not be obliged to provide the Lessee with any financial compensation for the technical improvement performed by the Lessee at its own costs within the Premises, unless expressly stated otherwise in this Agreement. The provisions of this Article hereof shall be also effective after the expiry or termination of this Agreement.

Return of the Premises. 15.1 The LESSOR delivers the Premises to the LESSEE on an “as is” basis. Upon expiration of the Contract or termination of this Agreementfor any reason, the Lessee LESSEE shall vacate the Premises, restore it to the status as it was originally delivered to the LESSEE, and return the Premises to the Lessor LESSOR; if the Premises are not returned in a clean and tidy condition in time, the same state as LESSOR may dispose of any items left behind by the LESSEE at the time expenses of the Commencement date under consideration of normal wear and tearLESSEE. If Upon the Premises show wear and tear in excess to that, the Lessor is entitled to charge reasonably necessary repair costs to Lessee and the Lessee shall be obliged to bear these costs, such costs to be reasonable. 15.2 Upon return of the Premises to the Lessor, the Lessor and the Lessee shall agree upon and sign a handover protocol, in which the state as well as all defects of the Premises that the Lessee is liable to repair, readings of any meters installed to record the consumption of utilities, handover of all keys and electronic security cards and handover of all technical or other instruction manuals will be recorded. 15.3 Upon return of the Premises, the Lessee shall LESSEE may not request any compensation for moving or any other expenses for any reason. Additionally, the LESSEE’s return all keys to external doors and electronic cards, including duplicates, to the Lessor. 15.4 If the Lessee is delayed in returning and vacating of the Premises after is NOT conditional upon the LESSOR’s return of the Security Deposits. Upon expiration or termination of this Agreement, unless such delay is agreed by the Parties in writingContract, the Lessee LESSEE shall be obliged to pay vacate the Premises, restore it to the Lessor a monthly contractual status when it was originally delivered to the LESSEE. Otherwise, the LESSOR may cease the supply of water, electricity, air conditioning, etc. The LESSEE shall also be subject to the daily punitive penalty amounting at an amount equivalent to twice two times of the Rent stipulated rent from the overdue date to the date it returns the Premises to the LESSOR as compensation for the period LESSOR’s loss. If the aggregate amount of delay until the penalty under this article and Article 10 is insufficient to cover the LESSOR’s loss, the LESSEE shall still be liable for the remainder of such loss. With the prior written consent of the LESSOR (the LESSOR shall not refuse such consent without sufficient reason) and supporting relevant documents substantiating such fact, the LESSOR may consign or sublease the Contract or the use of the Premises have been returned to its subsidiary, affiliates, or other surviving companies subsequent to a legal merge or restructure of the LessorLESSEE. In case such delay does not last for a whole month(s), the Lessor shall be The LESSEE is entitled to a proportional penalty one-time right of first refusal, under which, except for each day of delay. 15.5 Unless agreed otherwise in writingthe rent and rent-free, the Lessee conditions of the new contract shall be entitled the same as the Contract. The terms related to decide whether rent for the extension should be mutually agreed upon by the parties based on the market of the lease of the Premises at the time of the extension. If the LESSEE wishes to execute the aforementioned right of first refusal, it shall inform the LESSOR three (3) months in advance of the expiration date of the Contract, and shall, prior to such expiration date, complete the execution of the new lease contract in order to continue the use of the Premises subsequent to the expiration of the Contract; otherwise, there will not exist any alterations, technical improvements, finishes and fixtures and Non-structural changes made lease relationship between the parties after the date hereof in expiration of the Contract. During the lease term, the LESSEE may never object to ownership transfer of the Premises which were provided by the LessorLESSOR to any third party. If that third party subsequently assumes all the rights and obligations of the LESSOR of the Contract, (i) will be removed the LESSEE shall assist in changing the name of LESSOR of the Contract to such third party, and shall continue to perform its obligations under the Contract to such third party. The parties must not thereby request change of lease conditions or any compensation. The LESSEE shall abide by the Lessee at his expense prior to termination of this Agreement or (ii) will remain in the Premises. In the second case the Lessor shall not be obliged to provide the Lessee with any financial compensation for the technical improvement performed rules stipulated by the Lessee at its own costs within management committee of the PremisesBuilding, unless expressly stated otherwise resident agreements and other relevant regulation. Where the Contract or any contractual document is in this Agreementboth Chinese and any other language, the Chinese version shall govern. The provisions of this Article hereof shall be also effective after parties agree to appoint a jointly designated notary public to notarize the expiry or termination of this AgreementContract on the Signing Date.

Return of the Premises. 15.1 Upon expiration or termination of this Agreement, the Lessee shall return the Premises to the Lessor in a clean and tidy condition in the same state as at the time of the Commencement date Date under consideration of normal wear and tear. If the Premises show wear and tear in excess to that, the Lessor is entitled to charge reasonably necessary repair costs to Lessee and the Lessee shall be obliged to bear these costs, such costs to be reasonable. 15.2 Upon return of the Premises to the Lessor, the Lessor and the Lessee shall agree upon and sign a handover protocol, in which the state as well as all defects of the Premises that the Lessee is liable to repair, readings of any meters installed to record the consumption of utilities, handover of all keys and electronic security cards and handover of all technical or other instruction manuals will be recorded. 15.3 Upon return of the Premises, the Lessee Lessor shall return all keys to external doors and electronic cards, including duplicates, to the Lessor. 15.4 If the Lessee is delayed in returning and vacating the Premises after expiration or termination of this Agreement, unless such delay is agreed by the Parties in writing, the Lessee shall be obliged to pay to the Lessor a monthly contractual penalty amounting to twice the Rent for the period of delay until the Premises have been returned to the Lessor. In case such delay does not last for a whole month(s), the Lessor shall be entitled to a proportional penalty for each day of delay. 15.5 Unless agreed otherwise in writing, the Lessee shall be entitled to decide whether any alterations, technical improvements, finishes and fixtures and Non-structural changes made after the date hereof in the Premises which were provided by the Lessor, (i) will be removed by the Lessee at his expense prior to termination of this Agreement or (ii) will remain in the Premises. In the second case the Lessor Parties shall not be obliged to provide agree the Lessee with any financial compensation for conditions under which the technical improvement performed by the Lessee at its own costs within Lessee’s Improvements shall remain in the Premises, unless expressly stated otherwise in this Agreement. The provisions of this Article clause hereof shall be also effective after the expiry or termination of this Agreement.

Return of the Premises. 15.1 Upon expiration or termination of this Agreement, the Subsection 1 The Lessee shall return the Premises to on the date notified by the Lessor in a clean and tidy condition in after the same state as at the time expiry of the Commencement date under consideration of normal wear and tearContract. If the Premises show are not returned on schedule due to a reason attributable to the Lessee and the Premises have been leased by a new lessee, the Lessor shall have the right to request the Lessee to evacuate from the Premises within 3 days and withhold the Deposit, either partially or entirely, paid by the Lessee to compensate for the economic losses suffered by the Lessor as a result of such delay in evacuating from the Premises by the Lessee. If the Deposit is not sufficient to compensate for the losses suffered by the Lessor therefrom, the Lessor shall have the right to claim such deficiency from the Lessee. In case the Premises have not yet been leased by a new lessee, the Lessor shall regard the Lessee has renewed the lease, under which circumstances the Lessee shall complete the formalities for renewal. If the Lessee fails to complete such formalities for renewal, the Lessor has the right to request the Lessee to be evacuated from the Premises immediately and withhold the Deposit, either partially or entirely, paid by the Lessee to compensate for the economic losses suffered by the Lessor as a result of such delay in evacuating from the Premises by the Lessee. Subsection 2 When the Lessee returns the Premises upon the expiry of the Contract, the Premises leased shall be of a good condition (except for natural wear and tear in excess tear). If the Lessor discovers any damage to thatthe Premises or facilities due to a reason attributable to the Lessee, the Lessor has the right to withhold the Deposit to offset the relevant reasonable losses. If the Deposit is not sufficient to compensate for such losses suffered by the Lessor, the Lessee shall make up the deficiency to the Lessor within 3 days after the receipt of the written notice issued by the Lessor. Subsection 3 In terms of any annexure to the Premises by the Lessee (with the permit of the Lessor), it is not necessary that the Lessor will request the Lessee to restore the Premises to the original status after the expiry of the lease. If the Lessee doesn’t restore the Premises to the original status, the Lessor is entitled not obligated to charge reasonably necessary repair costs to Lessee and compensate the Lessee shall be obliged to bear these costs, such costs to be reasonable. 15.2 Upon return in terms of the Premises to the Lessor, the Lessor and the Lessee shall agree upon and sign a handover protocol, in which the state as well as all defects costs of the Premises that the Lessee is liable to repair, readings of any meters installed to record the consumption of utilities, handover of all keys and electronic security cards and handover of all technical or other instruction manuals will be recordedsuch annexure. 15.3 Upon return of the Premises, the Lessee shall return all keys to external doors and electronic cards, including duplicates, to the Lessor. 15.4 If the Lessee is delayed in returning and vacating the Premises after expiration or termination of this Agreement, unless such delay is agreed by the Parties in writing, the Lessee shall be obliged to pay to the Lessor a monthly contractual penalty amounting to twice the Rent for the period of delay until the Premises have been returned to the Lessor. In case such delay does not last for a whole month(s), the Lessor shall be entitled to a proportional penalty for each day of delay. 15.5 Unless agreed otherwise in writing, the Lessee shall be entitled to decide whether any alterations, technical improvements, finishes and fixtures and Non-structural changes made after the date hereof in the Premises which were provided by the Lessor, (i) will be removed by the Lessee at his expense prior to termination of this Agreement or (ii) will remain in the Premises. In the second case the Lessor shall not be obliged to provide the Lessee with any financial compensation for the technical improvement performed by the Lessee at its own costs within the Premises, unless expressly stated otherwise in this Agreement. The provisions of this Article hereof shall be also effective after the expiry or termination of this Agreement.