Common use of Upon termination of the Lease Clause in Contracts

Upon termination of the Lease. Tenant shall surrender the Premises and shall remove all of Tenant’s furniture, trade fixtures, business office machines and equipment and any other personal property and shall leave the Premises in as good condition and repair as the same existed on the Start Date, reasonable use and wear and loss or damage by fire or other casualty excepted. All fixtures, alterations and improvements, including, without limitation, portions of the heating, air conditioning, plumbing, electrical and mechanical systems and equipment, all wall and floor coverings and theater seating and all lighting fixtures and systems may not be removed by Tenant and shall remain in the Premises and belong to Library. The acceptance of keys to the Premises by any employee or agent of Library shall not operate as a termination of this Lease or a release of Tenant or any of Tenant’s obligations under this Lease. If Tenant leaves any of the property it is required to remove under this Section in the Premises, then Library may either (i) remove the property, at Tenant’s cost or (ii) treat the property as abandoned and such property shall belong absolutely to Library with no further action or payment on Library’s part.

Appears in 7 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

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Upon termination of the Lease. Tenant shall surrender the Premises and shall remove all of Tenant’s furniture, trade fixtures, business office machines and equipment and any other personal property and shall leave the Premises in as good condition and repair as the same existed on the Start Date, reasonable use and wear and loss or damage by fire or other casualty excepted. All fixtures, alterations and improvements, including, without limitation, portions of the heating, air conditioning, plumbing, electrical and mechanical systems and equipment, all wall and floor coverings and theater seating and all standard lighting fixtures and systems may not be removed by Tenant and shall remain in the Premises and belong to Library. Specialty gallery lighting and removable gallery walls shall be considered a trade fixture and shall remain the property of Tenant. The acceptance of keys to the Premises by any employee or agent of Library shall not operate as a termination of this Lease or a release of Tenant or any of Tenant’s obligations under this Lease. If Tenant leaves any of the property it is required to remove under this Section in the Premises, then Library may either (i) remove the property, at Tenant’s cost or (ii) treat the property as abandoned and such property shall belong absolutely to Library with no further action or payment on Library’s part.

Appears in 1 contract

Samples: Lease Agreement

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