SURRENDER AND HOLDOVER Sample Clauses

SURRENDER AND HOLDOVER. On the last day of the Term, or upon any earlier termination of this Lease, or upon any repossession of the Premises by Landlord hereunder: (a) Tenant shall quit and surrender the Premises to Landlord “broom-clean” (as defined by Exhibit B, attached hereto and incorporated herein by reference), and in a condition that would reasonably be expected with normal and customary use in accordance with prudent operating practices and in accordance with the covenants and requirements imposed under this Lease, subject only to ordinary wear and tear (as is attributable to deterioration by reason of time and use, in spite of Tenant’s reasonable care); (b) Tenant shall remove all of Tenant’s personal property therefrom, except as otherwise expressly provided in this Lease; (c) Tenant shall remove from the Premises all motor vehicles of any nature whatsoever (including, but not limited to, automobiles, trucks, recreational vehicles and boats); and (d) Tenant shall surrender to Landlord any and all keys, access cards, computer codes or any other items used to access the Premises. Upon prior notice (which may be delivered telephonically) and as long as Landlord does not unreasonably interfere with Tenant’s operations, Landlord shall be permitted to inspect the Premises during normal business hours in order to verify compliance with this Section 19 at any time prior to (x) the Expiration Date, (y) the effective date of any earlier termination of this Lease, or (z) the surrender date otherwise agreed to in writing by Landlord and Tenant. The obligations imposed under the first sentence of this Section 19 shall survive the termination or expiration of this Lease. If Tenant remains in possession after the Expiration Date hereof or after any earlier termination date of this Lease or of Tenant’s right to possession (collectively, the “Termination Date”): (i) Tenant shall be deemed a tenant-at-will; (ii) Tenant shall pay the Holdover Percentage (as defined below) multiplied by the aggregate of all Rent last prevailing hereunder, and also shall pay all actual damages (but not incidental, consequential, punitive, special or other similarly speculative damages) sustained by Landlord, directly by reason of Tenant’s remaining in possession after the expiration or termination of this Lease; (iii) there shall be no renewal or extension of this Lease by operation of law; and (iv) the tenancy-at-will may be terminated by either party hereto upon 30 days’ prior written notice given by the...
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SURRENDER AND HOLDOVER. At the expiration of the Sublease Term or earlier termination of this Sublease, Subtenant shall promptly yield up the Sublease Space in good and broom-clean condition removing all of its personal property, and all other items required to be removed by Subtenant under this Sublease. Subtenant shall have no right to occupy the Sublease Space or any portion thereof after the expiration of this Sublease or after termination of the Prime Lease or this Sublease or Subtenant’s right to possession is terminated hereunder. In the event Subtenant or any Subtenant Party holds over, Sublandlord may exercise any and all remedies available to it at law or in equity to recover possession of the Sublease Space, and to recover any damages incurred by Sublandlord (including, without limitation, damages payable by Sublandlord to Landlord by reason of such holdover), plus any reasonable attorneys’ fees and costs incurred by Sublandlord in connection with Subtenant’s holdover). Subtenant shall indemnify and hold harmless Sublandlord for, from, and against any and all liabilities, losses, obligations, damages (direct or indirect), penalties, claims, costs and expenses (including, without limitation, reasonable attorneys’ fees and other charges) that are paid, suffered or incurred by Sublandlord as a result of the failure of, or the delay by, Subtenant in so surrendering the Sublease Space including, without limitation, all sums payable by Sublandlord to Landlord, or other liabilities of Sublandlord to Landlord under the Prime Lease resulting from such delay. For the period that Subtenant or a Subtenant Party holds over, Subtenant shall pay to Sublandlord Rent equal to the greater of: (i) holdover rent for which Sublandlord is liable under the Prime Lease; or (ii) 200% of the Rent that Subtenant was paying at the end of Sublease Term. The acceptance by Sublandlord of any lesser sum shall be construed as payment on account and not in satisfaction of damages for such holding over. The provisions of this Section 17 shall survive the expiration or earlier termination of this Sublease.
SURRENDER AND HOLDOVER. On the last day of the term of this Lease, or upon any earlier termination of this Lease, or upon any re-entry by Landlord upon the Premises, Tenant shall quit and surrender the Premises to Landlord "broom-clean" and in good order, condition and repair, except for ordinary wear and tear and such damage or destruction as Landlord is required to repair or restore under this Lease, and Tenant shall remove all of the Tenant's Property therefrom except as otherwise expressly provided in this Lease. No termination of this Lease prior to the Expiration Date shall affect Landlord's right to collect Gross Rent and Additional Rent for any period prior to the effective date of termination. If Tenant remains in possession after the Expiration Date hereof, (a) Tenant shall be deemed a tenant at will, (b) Tenant shall pay two hundred percent (200%) of the Gross Rent and Additional Rent last prevailing hereunder, and also shall pay all damages sustained by Landlord, consequential as well as direct, by reason of such remaining in possession after the expiration or termination of this Lease, (c) there shall be no renewal or extension of this Lease by operation of law, and (d) the tenancy at will may be terminated upon thirty (30) days' notice from Landlord. The provisions of this Article shall not constitute a waiver by Landlord of any re-entry rights of Landlord provided hereunder or by law.
SURRENDER AND HOLDOVER a. On the expiration or the sooner termination hereof, Tenant shall peaceably surrender the Premises broom clean, in good order, condition and repair. On or before the last day of the term or the sooner termination hereof, Tenant shall at its expense remove its trade fixtures, signs and other personal property from the Premises. Any property not removed shall be deemed abandoned and may either be retained by Landlord as its property, or disposed of, without accountability and at Tenant’s expense, in such form as Landlord may determine. If the Premises are not surrendered at the end of the term or the sooner termination, Tenant shall indemnify Landlord against loss or liability resulting from delay by Tenant in so surrendering the Premises, including, without limitation, claims made by any succeeding tenants founded on such delay. Tenant shall promptly surrender all keys to Landlord at the place then fixed for payments of Rent. Tenant’s covenants hereunder shall survive the expiration or sooner termination of this Lease.
SURRENDER AND HOLDOVER. Upon the expiration or sooner termination of this Lease, TENANT shall surrender to LANDLORD the Leased Premises, together with all other property affixed to the Leased Premises, (except trade fixtures) broom clean and in the same order and condition in which TENANT received them, the effects of ordinary wear and acts of God, excepted.
SURRENDER AND HOLDOVER. Immediately upon the end of the Lease, whether by its own terms of upon default, Xxxxxx shall surrender the Property to Landlord and remove all of Tenant’s personal property. If Tenant fails to remove any personal property by the end of the last day of the Rental Term, such property shall be deemed to be abandoned by the Tenant and shall at Landlord’s option become the property of the Landlord or be disposed of by Landlord without liability to Tenant. If Tenant fails to vacate the Property upon expiration of the Lease, in addition to any other remedies available to Landlord under applicable law, Landlord shall have the option to treat Tenant as a holdover Tenant, in which case Tenant agrees to pay double the Rent Amount per month during the holdover period. Additionally, during the holdover period, a 30-day written notice to vacate is required of Tenant.
SURRENDER AND HOLDOVER. (a) Upon any termination of this Sublease, by expiration of the Term or otherwise:
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SURRENDER AND HOLDOVER. TENANT agrees at the expiration of the term to surrender the Demised Premises and everything belonging to or in connection therewith in good condition, reasonable wear and tear excepted; and to remove all signs, advertisements and rubbish from the said Demised Premises; and if TENANT fails to do so, then TENANT hereby expressly authorizes LANDLORD, as agent of TENANT, to remove such rubbish and make such repairs as may be necessary to restore the Demised Premises to such condition, at the expense of TENANT. IF TENANT retains possession of the Demised premises or any part thereof after the termination of this Lease, TENANT shall pay LANDLORD rent at double the rate payable for the year immediately proceeding said holdover, computed on a monthly basis, for the time TENANT thus remains in possession. The provisions of this paragraph do not waive LANDLORD's rights of re-entry or any other right hereunder. Any retention of the Demised Premises after termination of this Lease or any extension thereof shall be considered as a month to month holdover unless otherwise agreed to in writing by the parties hereto.
SURRENDER AND HOLDOVER. 12 19.1 Surrender............................................................12 19.2 Holdover.............................................................12
SURRENDER AND HOLDOVER. Upon the expiration or sooner termination of this Lease, Tenant shall surrender to Landlord the Leased Premises, together with all other property affixed to the Leased Premises, broom clean and in the same order and condition in which Tenant received them, the effects of ordinary wear, acts of God, casualty, insurrection, riot, or public disorder excepted. Unless an event of default as hereinafter defined has occurred and remains uncured, Tenant shall, prior to the expiration of the term, remove all of Tenant's personal property from the Leased Premises. Any damage to the Leased Premises caused by such removal shall be repaired by Tenant prior to the expiration of the term. At Landlord's option, if Tenant fails to remove such personal property, then the same shall be deemed the property of the Landlord. If Tenant shall remain in possession of all or any part of the Leased Premises after the expiration of the term of this Lease, with the consent of the Landlord, then the Tenant shall be a lessee from month to month at the same rental and subject to all of the other applicable covenants, terms and conditions hereof.
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