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.
Vacating Premises. (i) If the Assuming Institution 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 Institution’s occupancy of such premises shall terminate, which date shall not be later than ninety (90) days after the date of the Assuming Institution’s notice not to exercise such option. The Assuming Institution promptly shall be responsible for relinquishing and releasing to the Receiver such premises and the Furniture and Equipment and Fixtures located thereon which existed at the time of Bank Closing, in the same condition as at Bank Closing and at the premises where it was inventoried at Bank Closing, normal wear and tear excepted. Any of the aforementioned which is missing will be charged to the Assuming Institution at the item’s Fair Market Value as set out in accordance with this Agreement. By occupying any such premises after the expiration of such ninety (90)-day period, the Assuming Institution 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.
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. (i) If the Assuming Institution 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 Institution’s occupancy of such premises shall terminate, which date shall not be later than ninety (90) days after the date of the Assuming Institution’s notice not to exercise such option. The Assuming Institution shall be responsible for promptly relinquishing and releasing to the Receiver such premises and Module 1 – Whole Bank w/ Optional Shared Loss Agreements Version 3.01– PURCHASE AND ASSUMPTION AGREEMENT April 29, 2011 00 Xxxxx Xxxxxx Xxxxxxxxx Xxxx Xxxxxx, XX the Fixtures, Furniture and Equipment located thereon which existed at the time of the Bank Closing Date, in the same condition as at the Bank Closing Date and at the premises where they were inventoried at the Bank Closing Date, normal wear and tear excepted. Any of the aforementioned which is missing will be charged to the Assuming Institution at the item’s Fair Market Value as determined in accordance with this Agreement. By occupying any such premises after the expiration of such ninety (90)-day period, the Assuming Institution 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 Fixtures, Furniture and Equipment owned by the Failed Bank and located on such premises as of the Bank Closing Date.
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. 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 a. Upon expiration or termination of this contract, you agree to vacate the premises, as instructed, upon notice of same, removing all personal items and refuse and leaving the premises clean and in good condition, normal wear accepted.
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. (i) If the Assuming Institution 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 Institution’s occupancy of such premises shall terminate, which date shall not be later than ninety (90) days after the date of the Assuming Institution’s notice not to exercise such option. The Assuming Institution shall be responsible for promptly relinquishing and releasing to the Receiver such premises and
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.
