Common use of Surrender of the Surrender Premises Clause in Contracts

Surrender of the Surrender Premises. The Lease with respect to the Surrender Premises shall terminate as provided for in the Lease on May 31, 2008. Tenant shall voluntarily surrender the Surrender Premises on or before such date in the condition which Tenant is required to surrender the Surrender Premises as of the expiration of the Term of the Lease. Tenant agrees to cooperate with Landlord in all matters, as applicable, relating to (i) decommissioning of the Surrender Premises as a licensed laboratory, (ii) surrender or revocation of all licenses of Tenant relating to the Surrender Premises, and (iii) surrendering the Surrender Premises as required under the Lease. From and after the New Commencement Date, Tenant shall have no further rights of any kind with respect to the Surrender Premises. Notwithstanding the foregoing, those provisions of the Lease which, by their terms, survive the termination of the Lease shall survive the surrender of the Surrender Premises and termination of the Lease with respect to the Surrender Premises as provided for herein.

Appears in 1 contract

Samples: Property Lease Agreement (Avigen Inc \De)

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Surrender of the Surrender Premises. The Lease with respect to the Surrender Premises shall terminate as provided for in the Lease on May 31, 2008the Surrender Date. Tenant shall voluntarily surrender the Surrender Premises on or before such date in the condition which Tenant is required to surrender the Surrender Premises as of the expiration of the Term of Lease and in compliance with the Lease. Tenant agrees to cooperate with Landlord surrender requirements set forth in all matters, as applicable, relating to (i) decommissioning of the Surrender Premises as a licensed laboratory, (ii) surrender or revocation of all licenses of Tenant relating to the Surrender Premises, and (iii) surrendering the Surrender Premises as required under the Lease. From and after the New Commencement Surrender Date, Tenant shall have no further rights or obligations of any kind with respect to the Surrender Premises. Notwithstanding the foregoing, those provisions (i) of Section 5 of the Lease providing for the reconciliation of Operating Expenses, and (ii) which, by their terms, survive the termination of the Lease shall survive the surrender of the Surrender Premises and termination of the Lease with respect to the Surrender Premises as provided for herein. Nothing herein shall excuse Tenant from its obligations under the Lease with respect to the Surrender Premises prior to the Surrender Date.

Appears in 1 contract

Samples: License Agreement (Eleven Biotherapeutics, Inc.)

Surrender of the Surrender Premises. The Lease with respect to the Surrender Premises shall terminate as provided for in the Lease on May 31, 2008the Surrender Date. Tenant shall voluntarily surrender the Surrender Premises on or before such date in the condition which Tenant is required to surrender the Surrender Premises as of the expiration of the Term of Lease and in compliance with the Lease. Tenant agrees to cooperate with Landlord surrender requirements set forth in all matters, as applicable, relating to (i) decommissioning of the Surrender Premises as a licensed laboratory, (ii) surrender or revocation of all licenses of Tenant relating to the Surrender Premises, and (iii) surrendering the Surrender Premises as required under the Lease. From and after the New Commencement Surrender Date, Tenant shall have no further rights or obligations of any kind with respect to the Surrender Premises. Notwithstanding the foregoing, those provisions (i) of Section 5 of the Lease providing for the reconciliation of Operating Expenses, and (ii) which, by their terms, survive the termination of the Lease Lease, shall survive the surrender of the Surrender Premises and termination of the Lease with respect to the Surrender Premises as provided for herein. Nothing herein shall excuse Tenant from its obligations under the Lease with respect to the Surrender Premises prior to the Surrender Date.

Appears in 1 contract

Samples: Lease (Infinity Pharmaceuticals, Inc.)

Surrender of the Surrender Premises. The Lease with respect to the Surrender Premises shall terminate as provided for in the Lease on May 31, 2008the Surrender Date. Tenant shall voluntarily surrender the Surrender Premises to Landlord on or before such date in the condition in which Tenant is required to surrender the Surrender Premises as of the expiration of the Term of the Lease. Tenant agrees to reasonably cooperate with Landlord in all matters, as applicable, relating to (i) decommissioning of surrender the Surrender Premises as a licensed laboratoryin accordance with the surrender requirements and in the condition required pursuant to the Lease, and (ii) surrender or revocation of all licenses of Tenant relating other matters related to restoring the Premises to the Surrender Premises, and (iii) surrendering the Surrender Premises as condition required under the Lease. From and after the New Commencement Surrender Date, Tenant shall have no further rights of any kind with respect to the Surrender Premises. Notwithstanding the foregoing, those provisions of the Lease which, by their terms, survive the termination of the Lease shall survive the surrender of the Surrender Premises and termination of the Lease with respect to the Surrender Premises as provided for herein. Nothing herein shall excuse Tenant from its obligations under the Lease with respect to the Surrender Premises prior to the Surrender Date.

Appears in 1 contract

Samples: Lease Agreement (Corvus Pharmaceuticals, Inc.)

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Surrender of the Surrender Premises. The Lease with respect to the Surrender Premises shall terminate as provided for in the Lease on May 31, 2008the Surrender Date. Tenant shall voluntarily surrender the Surrender Premises on or before such date in the condition which Tenant is required to surrender the Surrender Premises as of the expiration of the Term of the Lease. , Tenant agrees to cooperate with Landlord in all matters, as applicable, relating to (i) decommissioning surrendering of the Surrender Premises as a licensed laboratory, (ii) surrender or revocation of all licenses of Tenant relating to the Surrender Premises, and (iii) surrendering the Surrender Premises as required under the Lease. From and after the New Commencement Surrender Date, Tenant shall have no further rights of any kind with respect to the Surrender Premises. Notwithstanding the foregoing, those provisions of the Lease which, by their terms, survive the termination of the Lease shall survive the surrender of the Surrender Premises and termination of the Lease with respect to the Surrender Premises as provided for herein. Nothing herein shall excuse Tenant from Its obligations under the Lease with respect to the Surrender Premises prior to the Surrender Date.

Appears in 1 contract

Samples: Lease Agreement (Amarantus BioSciences, Inc.)

Surrender of the Surrender Premises. The Lease with respect Tenant agrees voluntarily to the Surrender Premises shall terminate as provided for in the Lease on May 31, 2008. Tenant shall voluntarily surrender the Surrender Surrendered Premises on or before such date the Surrender Date in accordance with the surrender and other provisions in the Lease and in the condition which Tenant space is required under the Lease to surrender be surrendered to Landlord at the Surrender Premises expiration or earlier termination of the Term. Landlord and Tenant each agree that the other is excused as of the expiration of the Term of the Lease. Tenant agrees to cooperate with Landlord in all matters, as applicable, relating to (i) decommissioning of the Surrender Premises as a licensed laboratory, (ii) surrender or revocation of all licenses of Tenant relating to the Surrender Premises, and (iii) surrendering the Surrender Premises as required Date from any further obligations under the Lease. From and after the New Commencement Date, Tenant shall have no further rights of any kind with respect to the Surrender Premises. Notwithstanding the foregoing, those provisions of the Lease which, by their terms, survive the termination of the Lease shall survive the surrender of the Surrender Premises and termination of the Lease with respect to the Surrendered Premises, excepting only such obligations under the Lease which are, by their terms, intended to survive a termination of the Lease, and as otherwise provided herein. In addition, nothing herein shall be deemed to limit or terminate any common law or statutory rights Landlord may have with respect to Tenant in connection with any Hazardous Materials, or for violations of any Legal Requirements. Nothing herein shall excuse Tenant from its obligations under the Lease with respect to the Surrendered Premises prior to the Surrender Premises as provided for hereinDate.

Appears in 1 contract

Samples: Lease (Xcyte Therapies Inc)

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