Surrender at End of Term. Tenant shall vacate the Premises at the expiration or other termination of this Lease, and except as otherwise provided, shall remove all goods and effects not belonging to Landlord (including without limitation all wiring and cabling including those running outside of the Premises), and any leasehold alterations, additions, improvements and fixtures to be removed from the Premises by Tenant pursuant to the terms of Section 7 hereof, and shall surrender possession of the Premises and all fixtures and systems thereof not required to be removed, in good repair and good working condition, reasonable wear, tear and damage by casualty for which Tenant is not responsible hereunder excepted and Tenant shall otherwise comply with Section 7 hereof. If Tenant shall fail to perform any of the foregoing obligations, Landlord is hereby expressly authorized to do so on Tenant’s behalf and at Tenant’s sole cost and expense, and Landlord may sell such articles on the Premises as Landlord in its sole discretion deems saleable, and may dispose of others in any manner which it chooses. Tenant shall pay and be liable for any and all costs and expenses incurred by Landlord hereunder. The proceeds of any such sale shall be applied toward the expenses thus incurred as well as any other outstanding obligations of Tenant under this Lease and Tenant agrees to pay any remaining balance promptly.
Appears in 3 contracts
Samples: Commercial Office Lease, Commercial Office Lease (Technest Holdings Inc), Commercial Office Lease (Technest Holdings Inc)
Surrender at End of Term. At the expiration, or earlier termination in any manner, of the initial term or any renewal period hereof Tenant shall vacate quit and surrender the Premises at Premises, together with all installations, improvements, and alterations, including but not limited to trade fixtures, which may have been installed by Landlord or Tenant and which Landlord and Tenant agree shall become the property of Landlord (it being understood and agreed that Tenant's furniture, movable partitions and standard business office machines and equipment shall remain Tenant's property and may be removed by Tenant), in as good condition and repair as when possession was delivered, reasonable use and wear, loss or damage by fire, the elements or other casualty not resulting from the willful or negligent acts of Tenant, Tenant's agents, employees or invites excepted. Upon such expiration or other termination of this Leasetermination, should Landlord request Tenant to do so, Tenant agrees to remove or cause the removal of, all at Tenant's cost for such removal, all additions, installations, alterations, fixtures, and except as otherwise provided, shall remove all goods and effects not belonging to Landlord (including without limitation all wiring and cabling including those running outside of the Premises), and any leasehold alterations, additions, improvements and fixtures to be removed from the Premises made by Tenant pursuant to the terms of Section 7 hereof, and shall surrender possession of upon the Premises and all fixtures and systems thereof not required to be removed, in good repair and good working condition, reasonable wear, tear and damage by casualty for which Tenant is not responsible hereunder excepted and Tenant shall otherwise comply with Section 7 hereof. If Tenant shall fail repair at Tenant's expense any damage to perform the Premises caused by such removal; any of the foregoing obligationssame not so removed, Landlord is hereby expressly authorized to do so on Tenant’s behalf or removed and at Tenant’s sole cost not properly repaired, may be removed and expenserepaired by Landlord, and Landlord may sell such articles on the Premises as Landlord in its sole discretion deems saleable, and may dispose of others in any manner which it chooses. Tenant shall pay and be liable for any and all costs and expenses incurred by Landlord hereunder. The proceeds of any such sale shall be applied toward the expenses thus incurred as well as any other outstanding obligations of Tenant under this Lease and Tenant agrees to pay any remaining balance promptlythe cost thereof and to indemnify Landlord and hold Landlord harmless therefore; and if Landlord does not remove and repair the same, the same shall be deemed abandoned by Tenant and shall belong absolutely to Landlord.
Appears in 1 contract
Samples: Lease Agreement (Kahiki Foods Inc)