Surrender at End of Ground Lease. Subject to Section 6.4 and subject and subordinate to Section 23 and the rights of any Leasehold Lender under any Leasehold Mortgage, the Tenant shall and will on the last day of the Initial Term, or if extended, on the last day of the Extended Term hereof, surrender and deliver the Project Site to the Landlord, in good condition as is reasonably practicable (except as provided in Section 6.5 or Section 13), excepting normal wear and tear. If this Ground Lease is terminated for any reason or upon the expiration of the Initial Term and/or Extended Term (if extended) of this Ground Lease, the Tenant shall in good faith proceed with (i) any removal of the Facility and any and all Improvements and (ii) restoration, if any, of the Project Site to its condition prior to construction of the Facility and/or Improvements, in accordance with Applicable Laws. During the Removal Period, the Tenant shall have all access rights to the Project Site that are necessary to remove any and all of Tenant’s Property, including the Facility and/or Improvements. The Tenant shall also comply as required by any federal regulations of the Federal Energy Regulatory Commission or any other federal authority with respect to the Facility on the Project Site.
Surrender at End of Ground Lease. The Tenant shall and will on the last day of the Initial Term hereof, or if extended, on the last day of any Extended Term hereof, or upon any early termination of this Ground Lease for any reason, surrender and deliver the Project Site and the Improvements thereon to the District and, except as provided in Section 13, in good condition and repair (in light of the age, construction, and nature thereof), less normal wear and tear, free and clear of any liens or encumbrances, except for District-Created Liens, and without any payment by the District to the Tenant of any amounts for the Improvements, or at the option of the District, remove, at the cost of Tenant, all or part of any uncompleted Improvements as may be reasonably determined by the District. The Tenant shall remove the Tenant’s Property. The Tenant shall not be required to restore the Project Site to its condition prior to construction of the Improvements or to restore any alterations of the Project Site.
Surrender at End of Ground Lease. Subject to Section 6.4 and subject and subordinate to Section 23 and the rights of any Leasehold Lender under any Leasehold Mortgage, the Tenant shall and will on the last day of the Term, surrender and deliver the Site to the Landlord, in good condition as is reasonably practicable (except as provided in Section 6.5 or Section 13), excepting normal wear and tear. If this Ground Lease is terminated for any reason or upon the expiration of the Term, the Tenant shall in good faith proceed with (i) any removal of the Facilities and any and all Improvements and (ii) restoration, if any, of the Site to its condition prior to construction of the Facilities and/or Improvements. The Tenant shall have all access rights to the Site that are necessary to remove any and all of the Tenant’s Property, including the Facilities and/or Improvements. The Tenant shall also comply as required by any federal regulations of the Federal Energy Regulatory Commission or any other federal authority with respect to the Facilities on the Site.
Surrender at End of Ground Lease. Subject to Section 6.4 and subject and subordinate to Section 23 and the rights of any Leasehold Lender under any Leasehold Mortgage, the Tenant shall and will on the last day of the Term, surrender and deliver the Site to the Landlord, in as good a condition as is reasonably practicable (except as provided in Section 6.5 or Section 13), excepting normal wear and tear. If this Ground Lease is terminated for any reason or upon the expiration of the Term, the Tenant shall in good faith promptly proceed with (i) any removal of the Facility and any and all Improvements and (ii) restoration, if any, of the Site to its condition prior to construction of the Facility and/or Improvements. During the Removal Period, the Tenant shall have all access rights to the Site that are necessary to remove any and all of the Tenant’s Property, including the Facility and/or Improvements, and the Tenant shall continue to maintain insurance pursuant to Section 10.2 and pay Rent in accordance with Article 4. During the Removal Period, the Tenant shall also comply as required by any federal regulations of the Federal Energy Regulatory Commission or any other federal authority with respect to the Facility on the Site.
Surrender at End of Ground Lease. Subject to and subordinate to Section 23 and the rights of any Leasehold Lender under any Leasehold Mortgage, the Tenant shall and will on the last day of the Initial Term, or if extended, on the last day of the Extended Term hereof, surrender and deliver the Site to the Landlord, in good order and condition (except as provided in Section 13), excepting normal wear and tear. Any holding over by Tenant shall not operate, except by written agreement of Tenant and Landlord, to extend or renew this Lease for an additional Extension Term, but in such case, Landlord may consider such occupancy to be from month to month with rent increased to one hundred twenty percent (120%) of the Rent due for the immediately preceding month (“Holding Over Rent”). Prior to the expiration of the Term of this Ground Lease, or within ninety (90) days following an early termination of this Ground Lease, the Tenant shall in good faith complete (i) any removal of the Facilities and any and all Improvements and (ii) restoration, if any, of the Site to its condition prior to construction of the Facilities and/or
Surrender at End of Ground Lease. Subject to Section 6.4 and subject and subordinate to Section 23 and the rights of any Leasehold Lender under any Leasehold Mortgage, the Tenant shall and will on the last day of the Term, surrender and deliver within six (6) months of the last day of the Term the Site to the Landlord, in as good a condition as is reasonably practicable (except as provided in Section 6.5 or Section 13), excepting normal wear and tear. If this Ground Lease is terminated for any reason or upon the expiration of the Term, the Tenant shall in good faith promptly proceed with (a) any removal of the Improvements and (b) restoration, if any, of the Site to its condition prior to the Tenant’s use of the Site; provided, that the Tenant (a) shall be under no obligation to restore any Landlord’s Improvements, without limiting its obligation to maintain as set forth in Section 6.5(a) and (b) at the Landlord’s request, the Tenant shall, subject to any restrictions upon the Tenant or its Affiliates relating to confidentiality, security, financing or Applicable Law, use good faith efforts to leave at the Site, and transfer ownership to the Landlord of, any Landlord’s Improvements that it has altered, changed or improved, in AS-IS condition without warranty or liability relating to subsequent performance or use. During the Removal Period, the Tenant shall have all access rights to the Site that are necessary to remove any and all of the Tenant’s Property, including the Improvements, and the Tenant shall continue to maintain insurance pursuant to Section 10.1 and pay Rent in accordance with Article 4.
Surrender at End of Ground Lease. The Tenant shall and will on the last day of the Initial Term hereof, or if extended, on the last day of any Extended Term hereof, or upon any early termination of this Ground Lease, for any reason, surrender and deliver, without cost to the District, the Project Site and the Tenant Improvements or District Improvements thereon to the District and, except as provided in Section 14, in good condition and repair (in light of the age, construction, and nature thereof), less normal wear and tear, free and clear of any liens or encumbrances, except for District-Created Liens. The Tenant shall remove the Tenant's Property. The Tenant shall not be required to restore the Project Site to its condition prior to construction of the Tenant Improvements or District Improvements or to restore any alterations.
