Common use of Vacation of the Leased Premises Clause in Contracts

Vacation of the Leased Premises. 16.1. In any case that the Tenant is required to vacate the Leased Premises subject to the terms and conditions of this contract and/or any law and for any reason whatsoever, the Tenant shall return the Leased Premises to the Landlord, free and clear of any person and mobile object, other than the Landlord’s property which includes all the fixtures that are connected to the floor and walls, in proper condition, including all the additions installed therein, and other than reasonable wear and tear as a result of proper use thereof. 16.2. If the Tenant does not vacate the Leased Premises in a timely manner according to the terms and conditions of this contract, either at the end of the Original Term of the Lease and/or the option period, if exercised, or due to the lawful termination of the contract for whatever reason, the Tenant shall pay liquidated damages to the Landlord in an amount that will be equal to [***]% ([***] percent) of Rent per day for every day of delay in the vacation of the Leased Premises as specified above, plus lawful VAT. If there is no replacement tenant, the Tenant may be up to 30 days late in vacating the Leased Premises without payment of the [***]%. This period shall be deemed as a lease period for all intents and purposes, including Rent and municipal tax payments. 16.3. One month before the vacation of the Leased Premises and up to one week thereafter, the damage in the Leased Premises, if any, will be assessed by the Landlord and the Tenant, together, and the cost of the damage will be estimated. The Tenant undertakes to restore the prior condition, subject to reasonable wear and tear as a result of proper use of the Leased Premises. 16.4. The Tenant’s undertaking under this section is a material undertaking whose breach shall constitute a fundamental breach of the contract. [Initials] [Initials]

Appears in 2 contracts

Samples: Lease Contract (Nyxoah SA), Lease Contract (Nyxoah SA)

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Vacation of the Leased Premises. 16.1. In 14.1 At the End of the Lease Period and upon the cancellation of this Contract by the Lessor for any case that reason, the Tenant is required Lessee undertakes to vacate the Leased Premises subject and to deliver possession thereof to the terms and conditions of this contract and/or any law and for any reason whatsoever, the Tenant shall return Lessor where the Leased Premises to are in the Landlordsame good order and condition in which it received same, free and clear of any person and mobile object, other than the Landlord’s property which includes all the fixtures that are connected to the floor and walls, in proper condition, including all the additions installed therein, and other than reasonable fair wear and tear as a result of proper resulting from normal use thereof. 16.2. If the Tenant does not vacate excepted, and where the Leased Premises in a timely manner according to the terms are clean and conditions of this contract, either at the end of the Original Term of the Lease and/or the option period, if exercised, or due to the lawful termination of the contract for whatever reason, the Tenant shall pay liquidated damages to the Landlord in an amount that will be equal to [***]% ([***] percent) of Rent per day for every day of delay in the vacation of the Leased Premises as specified above, plus lawful VAT. If there is no replacement tenant, the Tenant may be up to 30 days late in vacating the Leased Premises without payment of the [***]%. This period shall be deemed as a lease period for all intents and purposes, including Rent and municipal tax paymentstidy. 16.3. One month before 14.2 If the vacation Lessor should demand the dismantling of any addition and/or installation which have been installed in the Leased Premises and which are capable of being dismantled, the Lessee undertakes that at its expense it will dismantle the installation and remove such addition or installation from the Leased Premises up to one week thereafter, the damage in the Leased Premises, if any, will be assessed by the Landlord and the Tenant, together, and the cost time of the damage will be estimated. The Tenant undertakes to restore the prior condition, subject to reasonable wear and tear as a result of proper use vacation of the Leased Premises. 16.4. The Tenant14.3 If the Lessee fails to vacate the Leased Premises at the time stated in Clause 14.1 above, then in addition to the Lessor’s undertaking under this section is a material undertaking whose breach shall constitute a fundamental breach right to xxx for vacation of the contract. [Initials] [Initials]Leased Premises, and in addition to any other right the Lessor may have in accordance with this Contract and/or according to law, the Lessee shall pay the Lessor agreed pre-estimated liquidated damages in an amount equivalent to $5,000, and in addition a sum of $60 per day in respect of each day of default in vacating the Leased Premises. 14.4 If the Lessee has failed to vacate the Leased Premises at the time mentioned in Clause 14.1 above, the Lessor will be entitled to xxx the Lessee for all the amounts, taxes, payments, obligations, rentals, expenses for repairs, damages, agreed compensation, losses and any other payments, without exception, as set forth in the Contract in respect of the period commencing from the date on which the Lessee was supposed to vacate the Leased Premises, as if the Lease Period had continued, without this prejudicing the Lessee’s obligation to vacate the Leased Premises, and without prejudice to any other remedy available to the Lessor in accordance with this Contract and/or according to law.

Appears in 1 contract

Samples: Lease Agreement (Columbus Geographic Systems LTD)

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Vacation of the Leased Premises. 16.1. In 13.2.1 At the end of the Period of Lease and/or the termination of the lease and/or cancellation of this Contract for any case that reason, the Tenant is required Lessee undertakes to vacate the Leased Premises and to deliver occupation thereof to the Lessor in circumstances where the Leased Premises are free and vacant of any person and object belonging to the Lessee, clean and tidy, and in the same condition as the Lessee received the Leased Premises from the Lessor, subject to reasonable wear and tear. It is clarified that nothing contained in this clause shall oblige the terms and conditions of this contract and/or any law and for any reason whatsoever, the Tenant shall return Lessor (sic!) to restore the Leased Premises to the Landlord, free and clear of any person and mobile object, other than the Landlord’s property which includes all the fixtures that are connected to the floor and walls, in proper envelope condition, including all the additions installed therein, and other than reasonable wear and tear as a result of proper use thereof. 16.2. If 13.2.2 Should the Tenant does not Lessee fail to vacate the Leased Premises on due date and has failed to do so also after a warning notice of 7 days it has received from the Lessor, then in a timely manner according addition to the terms and conditions of this contract, either at the end of the Original Term of the Lease and/or the option period, if exercised, or due Lessor's right to the lawful termination of the contract for whatever reason, the Tenant shall pay liquidated damages to the Landlord in an amount that will be equal to [***]% ([***] percent) of Rent per day for every day of delay in the claim vacation of the Leased Premises Premises, and in addition to any other right the Lessor may have in accordance with this Contract, or according to any law, and without prejudice to any remedy or right accorded to the Lessor as specified above, plus lawful VAT. If there is no replacement tenantaforesaid, the Tenant may be up to 30 days late Lessee shall pay the Lessor in vacating the Leased Premises without payment respect of the [***]%. This period shall be deemed as a lease period for all intents and purposes, including Rent and municipal tax payments. 16.3. One month before from the vacation of date on which the Lessee was supposed to vacate the Leased Premises and up to one week thereafter, the damage in date on which it does vacate the Leased Premises, if anyan amount equivalent to twice the rentals, will be plus penalty interest in accordance with Clause 9.2 above, and together with Value Added Tax, calculated on a daily basis, from the date the obligation for payment came about and up to the time of payment to the Lessor, based on the rentals which would have been payable pursuant to this Contract had the lease been extended on the full actual conditions of this Contract. The aforesaid payment has been fixed and agreed as fair user fees and/or agreed pre-estimated liquidated damages, which the parties have assessed by way of a carefully calculated advance assessment. 13.2.3 It is hereby expressly stipulated and agreed between the Landlord and parties that nothing contained above in this clause shall confer on the Tenant, together, and Lessee a right to continue to occupy the cost Leased Premises (against payment of the damage will be estimated. The Tenant undertakes agreed damages) and/or constitute a waiver by the Lessor of any of its rights and/or prejudice the right of the Lessor to restore obtain any other remedy and relief, including, but without prejudice to the prior conditiongenerality of the foregoing, subject to reasonable wear and tear as a result eviction and/or ejectment of proper use of the Lessee from the Leased Premises. 16.4. The Tenant’s undertaking under this section is a material undertaking whose breach shall constitute a fundamental breach of the contract. [Initials] [Initials]

Appears in 1 contract

Samples: Lease Agreement (Esc Medical Systems LTD)

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