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Common use of Surrender/Restoration Clause in Contracts

Surrender/Restoration. PERMITTEE shall peaceably surrender possession of the Premises upon expiration or sooner termination of this Permit and restore the Premises as provided in Paragraph 2 of this Section, excepting reasonable wear, destruction by lightning or other natural causes, or fire not caused by the acts or omissions of PERMITTEE, its officers, agents, employees, subcontractors, customers, invitees, or other persons doing business with PERMITTEE, or on the Premises with the consent of PERMITTEE. PERMITTEE shall restore the Premises to the condition it was in immediately prior to PERMITTEE's entry onto the Premises for PERMITTEE’s Project purposes, and restore it to the reasonable satisfaction of AGENCY, in the sole discretion of AGENCY. PERMITTEE shall submit to AGENCY photographic documentation of the Premises condition prior to entry under this Permit and of the Premises as restored by PERMITTEE upon expiration or termination. Upon expiration or termination of this Permit, PERMITTEE shall promptly remove all personal property not owned by AGENCY. All injury or damage to AGENCY property, both real and personal, caused by such removal shall be repaired at PERMITTEE’s sole cost and expense. PERMITTEE shall remove such personal property within thirty (30) days of such expiration. Should PERMITTEE fail to remove or dispose of such property in a manner satisfactory to AGENCY, AGENCY may, at its election, consider such property abandoned and may dispose of same at PERMITTEE’s expense, or after sixty (60) days of such expiration or termination, and declare the personal property of PERMITTEE to be AGENCY property.

Appears in 5 contracts

Samples: Permit to Enter, Permit to Enter, Permit to Enter Agreement

Surrender/Restoration. PERMITTEE Tenant shall peaceably surrender possession the Premises by the end of the last day of the Term or any earlier termination date, clean and free of debris, with all Hazardous Substances removed from the Premises, and in good operating order, condition and state of repair as more particularly described in the Move Out Standards attached as Exhibit G to this Lease, normal wear and tear, casualty and Landlord’s obligations excepted, and shall provide Landlord with keys for all interior doors. Except as otherwise agreed or specified herein, the Premises, as surrendered, shall include the Alterations and Utility Installations. The obligations of Tenant shall include the repair of any damage occasioned by the installation, maintenance or removal of Tenant’s Trade Fixtures, furnishings, equipment, and Tenant-Owned Alterations and Utility Installations, as well as the removal of any storage tank installed by or for Tenant, and the removal, replacement, or remediation of any air quality, soil, material or ground water contaminated by Tenant, all as may then be required by Applicable Requirements and/or customary real estate practices. Tenant’s Trade Fixtures shall remain the property of Tenant and shall be removed by Tenant subject to its obligation to repair and restore the Premises pursuant to this Lease. Notwithstanding anything to the contrary contained herein, on or before the Expiration Date or any earlier termination of this Lease, Tenant shall, at Tenant’s sole cost and expense and in compliance with the National Electric Code and other applicable laws, remove all electronic, fiber, phone and data cabling and related equipment that has been installed by or for the exclusive benefit of Tenant in or around the Premises (collectively, the “Cabling”); provided, however, Tenant shall not remove the Cabling if Tenant receives a written notice from Landlord at least fifteen (15) days prior to the expiration or earlier termination of this Lease authorizing all or any portion of the Cabling to remain in place, or if such Cabling will not unreasonably interfere with the leasing of the Premises or the next tenant’s use of the Premises, in which event the Cabling or portion thereof authorized by Landlord remain at the Premises shall be surrendered with the Premises upon expiration or sooner earlier termination of this Permit and restore the Premises as provided in Paragraph 2 of this Section, excepting reasonable wear, destruction by lightning or other natural causes, or fire not caused by the acts or omissions of PERMITTEE, its officers, agents, employees, subcontractors, customers, invitees, or other persons doing business with PERMITTEE, or on the Premises with the consent of PERMITTEE. PERMITTEE shall restore the Premises to the condition it was in immediately prior to PERMITTEE's entry onto the Premises for PERMITTEE’s Project purposes, and restore it to the reasonable satisfaction of AGENCY, in the sole discretion of AGENCY. PERMITTEE shall submit to AGENCY photographic documentation of the Premises condition prior to entry under this Permit and of the Premises as restored by PERMITTEE upon expiration or termination. Upon expiration or termination of this Permit, PERMITTEE shall promptly remove all personal property not owned by AGENCY. All injury or damage to AGENCY property, both real and personal, caused by such removal shall be repaired at PERMITTEE’s sole cost and expense. PERMITTEE shall remove such personal property within thirty (30) days of such expiration. Should PERMITTEE fail to remove or dispose of such property in a manner satisfactory to AGENCY, AGENCY may, at its election, consider such property abandoned and may dispose of same at PERMITTEE’s expense, or after sixty (60) days of such expiration or termination, and declare the personal property of PERMITTEE to be AGENCY propertyLease.

Appears in 2 contracts

Samples: Standard Form Industrial Net Lease (Cue Health Inc.), Standard Form Industrial Net Lease (Cue Health Inc.)

Surrender/Restoration. PERMITTEE The voluntary or other surrender of this Lease by Tenant, or a mutual cancellation thereof, shall peaceably surrender possession not work a merger, and shall, at the option of Landlord, terminate all or any existing subleases or subtenancies, or may, at the Premises upon option of Landlord, operate as an assignment to Landlord of any or all such subleases or subtenancies. Immediately prior to the expiration or sooner termination of this Permit Lease, Tenant shall remove all of Tenant’s signs from the exterior of the Building and restore shall remove all of Tenant’s equipment, trade fixtures, furniture, supplies, wall decorations and other personal property from the Leased Premises, and shall vacate and surrender the Leased Premises to Landlord in the same condition, broom clean, as provided in Paragraph 2 existed at the Lease Commencement Date, subject to Tenant-Owned Alterations and Utility Installations the removal of which is not required hereunder. Tenant shall repair all damage to the Leased Premises caused by Tenant or by Tenant’s removal of Tenant’s property and all damage to the exterior of the Building caused by Tenant’s removal of Tenant’s signs. Tenant shall replace all stained or damaged ceiling tiles and shall repair or replace, as necessary, all burned out light bulbs and damaged or stained light lenses and shall repaint all painted walls. Tenant shall patch and refinish, to Landlord’s reasonable satisfaction, all penetrations made by Tenant or its employees to the floor, walls or ceiling of the Leased Premises, whether such penetrations were made with Landlord’s approval or not. Additionally, Tenant shall, prior to the expiration or sooner termination of this SectionLease, excepting reasonable wearremove any improvements, destruction constructed or installed by lightning or other natural causesTenant which Landlord pursuant to the provisions of Section 7.4(b) above, or fire not previously requested be so removed by Tenant and repair all damage caused by such removal. If the acts Leased Premises are not surrendered to Landlord in the condition required by this Article at the expiration or omissions sooner termination of PERMITTEEthis Lease, its officersLandlord may, agentsat Tenant’s expense, employeesso remove Tenant’s signs, subcontractorsproperty and/or improvements not so removed and make such repairs and replacements not so made or hire, customersat Tenant’s expenses, invitees, or other persons doing business with PERMITTEE, or on independent contractors to perform such work. Tenant shall be liable to Landlord for all costs incurred by Landlord in returning the Premises with the consent of PERMITTEE. PERMITTEE shall restore the Leased Premises to the required condition it was in immediately prior to PERMITTEE's entry onto the Premises for PERMITTEE’s Project purposes, and restore it to the reasonable satisfaction of AGENCY, in the sole discretion of AGENCY. PERMITTEE shall submit to AGENCY photographic documentation of the Premises condition prior to entry under this Permit and of the Premises as restored by PERMITTEE upon expiration or termination. Upon expiration or termination of this Permit, PERMITTEE shall promptly remove all personal property not owned by AGENCY. All injury or damage to AGENCY property, both real and personal, caused by such removal Tenant shall be repaired deemed to have impermissibly held over until such time as such required work is completed. Tenant shall pay Base Monthly Rent and Additional Rent at PERMITTEE’s sole cost and expense. PERMITTEE shall remove the rate payable immediately preceding the Expiration Date until such personal property within thirty (30) days of such expiration. Should PERMITTEE fail to remove or dispose of such property in a manner satisfactory to AGENCY, AGENCY may, at its election, consider such property abandoned and may dispose of same at PERMITTEE’s expense, or after sixty (60) days of such expiration or termination, and declare the personal property of PERMITTEE to be AGENCY propertywork is completed.

Appears in 2 contracts

Samples: Lease (Penumbra Inc), Lease Agreement (Penumbra Inc)