Surrender and Holding Over. 16.1 Upon expiration of the Sublease Term, or if, at any time prior to such expiration, this Sublease shall be terminated for any reason, Subtenant shall immediately quit and surrender up to Sublandlord possession of the Subleased Premises, and Subtenant shall remove all of its personal property therefrom. In the event Subtenant does not completely vacate the Subleased Premises (including the removal of all personal property and fixtures required to be removed and the return of the Subleased Premises to Sublandlord in the condition required under the Xxxxxxxxx) by the Sublease Expiration Date or earlier termination of this Sublease, Subtenant shall indemnify and hold harmless Sublandlord in respect of any and all holdover charges or penalties imposed under the Xxxxxxxxx upon Sublandlord in respect of the entire Subleased Premises and in respect of any and all costs, liabilities or expenses (including attorneys fees) suffered by Sublandlord in respect of same, as and when such costs, liabilities or expenses are incurred. In this regard, Subtenant shall, if requested by Sublandlord, in Sublandlord's sole discretion, defend Sublandlord against any action or proceeding brought against Sublandlord which arises out of such holdover of the Subleased Premises. Any holding over after the expiration or earlier termination of this Sublease without the written consent of Sublandlord shall be construed to be a tenancy from month to month and Subtenant shall pay a holdover charge for each month or partial month that Subtenant remains in the Subleased Premises after the Sublease Expiration Date or earlier termination, such holdover charge to be equal to [***]% of the Rent under the Xxxxxxxxx in effect at such time, and shall otherwise be subject to the terms and conditions of this Sublease. Any holding over without Sublandlord's written consent shall constitute a default by Subtenant and entitle Sublandlord to exercise any remedies set forth herein or available under and other applicable law.
Surrender and Holding Over. 26 20. ENCUMBRANCES ......................................................... 26 21.
Surrender and Holding Over. (a) Upon the expiration or earlier termination of this Lease, Tenant shall peaceably leave and surrender the Leased Premises to Landlord. Tenant shall remove from the Leased Premises on or prior to such expiration or earlier termination all Trade Fixtures and personal property which is owned by Tenant or third parties other than Landlord, and Tenant at its expense shall, on or prior to such expiration or earlier termination, repair any damage caused by such removal. All Trade Fixtures and personal property not so removed at the end of the Term or within thirty days after the earlier termination of the Term for any reason whatsoever shall become the property of Landlord, and Landlord may thereafter cause such property to be removed from the Leased Premises. The cost of removing and disposing of such property and repairing any damage to any of the Leased Premises caused by such removal shall be borne by Tenant. Landlord shall not in any manner or to any extent be obligated to reimburse Tenant for any property which becomes the property of Landlord as a result of such expiration or earlier termination.
Surrender and Holding Over. (a) Upon the expiration or earlier termination of this Lease, Tenant shall peaceably leave and surrender the Leased Premises to Landlord in “broom clean” and in good condition and repair, ordinary wear and tear excepted, and otherwise in accordance with the terms and conditions of this Lease. Tenant shall remove from the Leased Premises on or prior to such expiration or earlier termination the Trade Fixtures and personal property which is owned by Tenant or third parties other than Landlord, and Tenant at its expense shall, on or prior to such expiration or earlier termination, repair any damage caused by such removal. Trade Fixtures and personal property not so removed at the expiration of the Term or within thirty days after the earlier termination of the Term for any reason whatsoever shall become the property of Landlord, and Landlord may thereafter cause such property to be removed from the Leased Premises. The cost of removing and disposing of such property and repairing any damage to any of the Leased Premises caused by such removal shall be borne by Tenant. Landlord shall not in any manner or to any extent be obligated to reimburse Tenant for any property which becomes the property of Landlord as a result of such expiration or earlier termination. Notwithstanding anything to the contrary in this Paragraph 23(a), Tenant shall not be obligated to remove any safe or vault located on the Leased Premises nor shall it be responsible for the cost of removal or disposal of any safe or vault nor for the cost of repairing any damage caused by the removal of any safe or vault by the Landlord.
Surrender and Holding Over. A. Upon expiration or termination of this Lease, Tenant shall remove all of its goods, fixtures and other movable personal property and surrender the Leased Premises to Landlord in the same condition as the Leased Premises were at the beginning of this Lease, ordinary wear and tear and damage by the elements excepted.
Surrender and Holding Over. 24.1. On the last day of the Term, or upon any earlier termination of this Lease, or upon any re-entry by Landlord upon the Demised Premises or repossession by the Landlord of the Equipment pursuant hereto, Tenant shall surrender the Demised Premises and the Equipment into the possession and use of Landlord without delay and, except as otherwise specifically provided in Article 9 or Article 10, in at least as good order, condition and repair, ordinary wear and tear and obsolescence excepted, as the condition and repair in which the Demised Premises and the Equipment are delivered to Tenant by Landlord at the commencement of the Term, free and clear of all letting and occupancies and free and clear of all liens and encumbrances other than those, if any, existing on the date of this Lease and those created by Landlord after the date of this Lease without the consent of the Tenant. Nothing contained in this Lease shall require Tenant to deliver to Landlord at the expiration or other termination of this Lease any Equipment that Tenant has theretofore removed in accordance with the provisions of this Lease. At or prior to the expiration or earlier termination of the Term, Tenant shall (a) pay to Landlord any amounts required to modify, to the extent necessary to render such Improvements or Equipment operable by Landlord, any Improvement or Equipment that cannot be operated, or the products produced by which cannot be sold, as a result of Landlord's lack of any Related Lease Process Technology (after taking into account any Related Lease Process Technology offered by Tenant for immediate transfer or license to Landlord at no cost to Landlord), or (b) in lieu of the payment of such amounts, (i) make in accordance with Article 12 any Alteration necessary to restore the Demised Premises and the Equipment, or any portion of either, to substantially the same configuration and condition that existed as of the date of the commencement of the Term, and to render the Demised Premises and 84 the Equipment operable by Landlord to the extent the same were operable immediately before the commencement of the Term, and (ii) transfer or perpetually license to Landlord, (A) without cost to Landlord, any intellectual property necessary to operate the Demised Premises and the Equipment, as so restored, to the extent that such intellectual property was transferred or licensed to SCG or any of its Affiliates pursuant to the Asset Purchase Agreement, and (B) at Landlord's election an...
Surrender and Holding Over. Lessee covenants and warrants that at the expiration, termination or cancellation of the Lease, Lessee will quit and surrender said Premises in a good state and condition reasonable wear and tear expected. Lessee covenants and warrants that all improvements, other than the personal property of the Lessee, installed, erected, attached, or placed by Lessee in, on or about said Premises under the terms of this Lease shall remain on said Premises as the property of the Airport. The Airport shall have the right on such expiration, termination or cancellation to enter upon and take possession of said Premises, with or without process of law, without liability for trespass. Should Lessee hold over or continue to occupy the Premises without Lessor’s concurrence after the expiration, termination or cancellation of this Lease, such holding over shall be deemed a tenancy for successive monthly terms upon the same conditions as provided in this Lease in such case, in addition to such rental payments as are provided for in this Agreement Lessee shall also pay an additional monthly payment of $750.00. Total monthly rent payments shall be due by the 10th day of the month for that month. Notwithstanding the foregoing, in the event of any holdover term under this paragraph, Lessee shall vacate and surrender the Premises upon demand of Lessor.
Surrender and Holding Over. Upon the expiration of this Lease by lapse of time, termination or otherwise, Tenant shall deliver up and surrender to Landlord possession of the Leased Premises in as good condition and repair as at the commencement of the Term hereof, ordinary wear and tear excepted. Should Tenant remain in possession of the Leased Premises after the termination of this Lease without the consent of the Landlord, tenancy shall convert to a month to month tenancy on the same terms as provided in the Lease except that Rent shall be paid in an amount equal to one hundred twenty-five (125%) of the Base Rent most recently due; and such holdover shall not exceed a period of one hundred eighty (180) days.
Surrender and Holding Over. 19.1 Upon the termination of this Lease, whether by forfeiture, lapse of time or otherwise, or upon termination of Tenant's right to possession of the Premises, Tenant will at once surrender and deliver up the Premises, together with all improvements thereon, to Landlord, in good condition and repair, reasonable wear and tear and damage by casualty and condemnation excepted. Said improvements shall include all plumbing, lighting, electrical, heating, cooling and ventilating fixtures and equipment, and all alterations. All permanent alterations, additions and improvements made in or upon the Premises by Tenant shall become Landlord's property and shall remain upon the Premises on any such termination without compensation, allowance or credit to Tenant.
Surrender and Holding Over. 18.01 At the expiration of the tenancy hereby created, whether by lapse of time or otherwise, Tenant shall surrender the Leased Premises in the same condition as the Leased Premises were in upon delivery of possession thereto under this Lease, reasonable wear and tear and insured casualty excepted, and Tenant shall surrender all keys for the Leased Premises to Landlord at the place then fixed for the payment of rent, and Tenant shall inform Landlord of all combinations on locks, safes and vaults, if any, in the Leased Premises. Tenant shall remove all its trade fixtures and/or, at the option of the Landlord, any alteration or improvements installed by Tenant, before surrendering the premises as aforesaid and shall repair any damage to the Leased Premises caused thereby. Tenant's obligation to observe or perform this covenant shall survive the expiration or other termination of the term of this Lease. If Tenant fails to remove such trade fixtures and restore the Leased Premises, then upon the expiration or sooner termination of this Lease, and upon the Tenant's removal from the premises, all such alterations, decorations, additions and improvements shall become the property of the Landlord.
