Vacating Premises. (i) If the Assuming Bank elects not to purchase any owned Bank Premises, the notice of such election in accordance with Section 4.6(a) shall specify the date upon which the Assuming Bank's occupancy of such premises shall terminate, which date shall not be later than ninety (90) days after the date of the Assuming Bank's notice not to exercise such option. The Assuming Bank promptly shall relinquish and release to the Receiver such premises and the Furniture and Equipment and Fixtures located thereon in the same condition as at Bank Closing, normal wear and tear excepted. By occupying any such premises after the expiration of such ninety (90)-day period, the Assuming Bank shall, at the Receiver's option, (x) be deemed to have agreed to purchase such Bank Premises, and to assume all leases, obligations and liabilities with respect to leased Furniture and Equipment and leased Fixtures located thereon and any ground lease with respect to the land on which such premises are located, and (y) be required to purchase all Furniture and Equipment and Fixtures owned by the Failed Bank and located on such premises as of Bank Closing.
(ii) If the Assuming Bank elects not to accept an assignment of the lease or sublease any leased Bank Premises, the notice of such election in accordance with Section 4.6(b) shall specify the date upon which the Assuming Bank's occupancy of such leased Bank Premises shall terminate, which date shall not be later than the date which is one hundred eighty (180) days after Bank Closing. Upon vacating such premises, the Assuming Bank shall relinquish and release to the Receiver such premises and the Fixtures and the Furniture and Equipment located thereon in the same condition as at Bank Closing, normal wear and tear excepted. By failing to provide notice of its intention to vacate such premises prior to the expiration of the option period specified in Section 4.6(b), or by occupying such premises after the one hundred eighty (180)- day period specified above in this paragraph (ii), the Assuming Bank shall, at the Receiver's option, (x) be deemed to have assumed all leases, obligations and liabilities with respect to such premises (including any ground lease with respect to the land on which premises are located), and leased Furniture and Equipment and leased Fixtures located thereon in accordance with this Section 4.6 (unless the Receiver previously repudiated any such lease), and (y) be required to purchase all Furniture and Equipment and ...
Vacating Premises. (i) If the Assuming Bank elects not to purchase any owned Bank Premises, the notice of such election in accordance with Section 4.6(a) shall specify the date upon which the Assuming Bank's occupancy of such premises shall terminate, which date shall not be later than ninety (90) days after the date of the Assuming Bank's notice not to exercise such option. The Assuming Bank promptly shall relinquish and release to the Receiver such premises and the Furniture and Equipment and Fixtures located thereon in the same condition as at the Bank Closing Date, normal wear and tear excepted. By occupying any such premises after the expiration of such ninety (90)-day period, the Assuming Bank shall, at the Receiver's option, (x) be deemed to have agreed to purchase such Bank Premises, and to assume all leases, obligations and liabilities with respect to leased Furniture and Equipment and leased Fixtures located thereon and any ground lease with respect to the land on which such premises are located, and
Vacating Premises. The licensee shall vacate the housing facility used by that licensee on the expiration of the license period, or upon termination of his/her license to use the facilities, whichever is sooner. Abandonment of the premises shall not operate to release licensee from any obligation due to the I-House.
Vacating Premises. If the Assuming Bank elects not to purchase any Excluded Subsidiary, the notice of such election in accordance with Section 4.16(a) shall specify the date upon which the Assuming Bank’s occupancy of Bank Premises owned by such Excluded Subsidiary shall terminate, which date shall not be later than ninety (90) days after the date of the Assuming Bank’s notice not to exercise such option. The Assuming Bank promptly shall relinquish and release to the Receiver or such Excluded Subsidiary such premises and the Furniture and Equipment and Fixtures located thereon in the same condition as at Bank Closing, normal wear and tear excepted.
Vacating Premises. Tenant agrees to vacate the premises and to deliver all original keys to the rental unit to Landlord at the end of the lease period. Tenants must have the premises in the condition it was in at the commencement of the lease and checked out by the Landlord, provide a forwarding address and phone number in writing.
Vacating Premises. Upon vacating the premises, the Tenant shall pay all rent due in full. The burden of proof of such payment shall be upon the Tenant. Tenant shall remove all personal belongings and possessions, sweep out and remove all trash and other debris from premises and leave premises in a clean and sanitary state, lock and fasten all doors and windows, return all keys to Landlord’s office during regular business hours, key(s) issued to Tenant, and supply Landlord a forwarding address. Tenant is responsible for rental payments until all keys are returned to Landlord’s office.
Vacating Premises. Resident shall notify PCHA 30 days prior to vacating the dwelling unit, with the unit being returned in likewise condition as accepted. Resident will be responsible for any rent and electric charges during this 30 day notice period. Resident shall return to PCHA all keys possessed upon completion of the move out. At move out, an inspection will be done to determine the cost for repairing any intentional or negligent damages to the dwelling unit, ordinary wear and tear excepted, and any unpaid rent, maintenance fee, or other charges owed to PCHA by the Resident. If any deductions are to be made from the security deposit, PCHA will provide the Resident, at their last known address, a written statement of charges for the cost of repairing any intentional or negligent damages to the dwelling unit, ordinary wear and tear excepted, and any unpaid rent, maintenance fees, or other charges owed to PCHA by the Resident. This written statement will be sent within 30 days of when the Resident was known to have vacated the dwelling unit. If applicable, payment of the remaining balance of the security deposit will be refunded to the Resident, at their last known address, within 45 days of when the Resident was known to vacate the dwelling unit. PCHA reserves the right to pursue collection of any monies owed by resident to PCHA upon move-out through legal action, IDROP, collection agencies, etc.
Vacating Premises. Upon completion of the lease/rental term, the TENANT will complete all items on the MOVE-OUT checklist, including, but not limited to:
a. All trash, personal belongings, etc. removed from premises
b. Home cleaned to move-in condition for the next tenant, per the move-out checklist to be provided upon notice of moving
c. Carpet cleaned professionally (and provide a copy of the cleaning invoice to LANDLORD)
d. All light bulbs in working order
e. Landscaping; shrubs, plants, lawn, weeded flower beds in condition as received at move-in Upon successful completion of the above items, the full Security Deposit will be returned, less any repair expense for damages, if any. If any items are not satisfactorily completed, LANDLORD will give a written notice of discrepancies and give TENANT a 5-day opportunity to correct, otherwise,the cost of resolving the discrepancies will be deducted from the Security Deposit. If expenses to correct damages exceed the deposit amount, then TENANT will be liable to pay for any additional damages. Note that if correction of discrepancies extends beyond the final paid occupancy date, the TENANT will be liable for additional days rent while discrepancies are resolved.
Vacating Premises. When moving out the Lessee shall do the following: (1) Completely vacate the Premises, including storage units, garage, and parking stalls; (2) Provide Lessor with forwarding address. This forwarding address is where all legal documents will be sent such as renters credit forms and security deposit returns; (3) Return to Lessor all keys and personal property issued to Lessee for Lessee’s use. This includes, but is not limited to: garage door openers, shed keys, televisions and television remotes. If Lessee does not return any and all keys immediately after vacating the Premises, Lessor will charge the Lessee’s all cost incurred, to secure locks and keys or rekey the premises. Non-Renewing Lessees. Non-renewing lessees agree to allow Lessor access to Unit for tours and open houses. The Lessor will make every effort to give Lessees a 12 hour notice prior to scheduled showings/tours. The lessees agree to clean the unit and secure personal property. Lessor is not responsible for any loss or damage to lessee’s personal property. Lessor may conduct these showings/tours and not require lessees to be present. Change to Lease. Lessor and Lessee may change the terms of this Lease only in writing. Oral agreements between the Parties shall not be enforceable.
Vacating Premises. Following any Insurance Event, the Tenant shall, if requested to do so by the Superior Landlord or the Landlord, vacate those parts of the Premises which have been damaged or destroyed or which the Superior Landlord or the Landlord reasonably requires access to in order to enable the Superior Landlord to comply with its reinstatement obligations under the Superior Lease or Landlord to reinstate under this Lease.
