SURRENDER OF PREMISES definition

SURRENDER OF PREMISES. Upon the expiration or earlier termination of the Term of this Lease, Tenant shall deliver up and surrender the Premises to Landlord in the same condition as it was at the Effective Date, subject to: ( a) Tenant's improvements, alterations and renovations to the Premises;
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SURRENDER OF PREMISES. When Lessee moves out, Lessee shall surrender Lessee's office space in the same condition as on the date of lease commencement by Lessee (as changed or improved from time to time in accordance with this lease), less ordinary wear.
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SURRENDER OF PREMISES. On the Closing Date, Borrower agrees to quit, surrender and release possession of the Property and any and all claims in or to the Property unto Lender, and Lender agrees to accept such surrender. Without limiting the generality of the foregoing, Borrower hereby acknowledges and agrees that, upon delivery of the deed on the Closing Date as required pursuant to Paragraph 13 below, it shall not have any continuing right, title or interest in or to the Property, the Mortgaged Property, the Personal Property, or the Space Leases, and that all such rights shall then have vested in Lender, free from any right of redemption or right of reinstatement in or for the benefit of Borrower.
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Examples of SURRENDER OF PREMISES in a sentence

  • SURRENDER OF PREMISES: The Tenant(s) has surrendered the Premises when (a) the move-out date has passed and no one is living in the Premise within the Landlord’s reasonable judgment, or (b) Access to the Premise have been turned in to Landlord – whichever comes first.

  • SURRENDER OF PREMISES: The Tenant(s) has surrendered the Premises when (a) the move-out date has passed and no one is living in the Premise within the Landlord’s reasonable judgment; or (b) Access to the Premise have been turned in to Landlord – whichever comes first.

  • POSSESSION AND SURRENDER OF PREMISES: Tenant shall be entitled to possession of the Premises on the 1st day of the Lease Term.

  • SURRENDER OF PREMISES; OWNERSHIP AND REMOVAL OF TRADE FIXTURES 28 16.

  • SURRENDER OF PREMISES; OWNERSHIP AND REMOVAL OF TRADE FIXTURES 30 16.

  • SURRENDER OF PREMISES: Tenant covenants and promises to surrender the premises in as good and the same condition as the commencement of the rental period, reasonable wear and tear excepted; and to reimburse Landlord the amount, including reasonable attorney's fees, for all other damages.

  • SURRENDER OF PREMISES: The Tenant(s) has surrendered the Premises when (a) the move- out date has passed and no one is living in the Premise within the Landlord’s reasonable judgment; or (b) Access to the Premise have been turned in to Landlord – whichever comes first.

  • SURRENDER OF PREMISES; OWNERSHIP AND REMOVAL OF TRADE FIXTURES 26 16.

  • New flood management projects located within the co-permittees jurisdiction must be assessed for impacts on water quality.

  • SURRENDER OF PREMISES; OWNERSHIP AND REMOVAL OF TRADE FIXTURES 34 16.


More Definitions of SURRENDER OF PREMISES

SURRENDER OF PREMISES. As set forth in Sections 1.5 and 7.1, upon expiration of the Term, Tenant will surrender the Premises and all Improvements and Subsequent Alterations to Landlord in the same condition as when they were first completely installed, clean and free of debris, ordinary wear and tear excepted, unless Landlord elects to require Tenant to remove some or all of its Improvements or Subsequent Alterations, and Tenant will remove all its personal property from the Premises. Landlord may elect, without any liability to Landlord at Tenant's cost, to retain or dispose of in any manner any alterations personal property the Tenant doesn't remove from the Premises on expiration or termination of the Term by giving ten (10) days' notice to Tenant. Title to any such alterations or Tenant's personal property that Landlord elects to retain or dispose of on expiration of the ten (10) day period will vest in Landlord.
Sample 1
SURRENDER OF PREMISES. At any time SC may ask AIR to surrender the premises for any reason. AIR will surrender the premises upon expiration of the residence date agreed upon above. If there is any cost of repair necessary it will be deducted from the Security Deposit. If the Security Deposit is insufficient to cover work performed, xxxxx will be obliged to pay the additional balance to SC within 30 days of invoice presented to AIR.
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SURRENDER OF PREMISES. At the expiration of the term of this Lease or upon any earlier termination thereof, ROGUE WAVE shall quit and deliver up the leased premises and all improvements thereon, broom clean, to OSU or its successors or assigns, peaceably, quietly, and in as good order and condition as existing at the time of the commencement of this Lease, reasonable use and wear excepted. MISCELLANEOUS: ROGUE WAVE has selected the above property based upon ROGUE WAVE's own judgment and expressly disclaims reliance on any statements or representations made by OSU related thereto.
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SURRENDER OF PREMISES. HOLDING OVER: A. SURRENDER OF PREMISES: On expiration of the Lease term, TENANT shall surrender to LANDLORD the Premises and all TENANT'S improvements and alterations in good condition except for ordinary wear and tear occurring after the last necessary maintenance made by TENANT and destruction to the Premises, except for alterations that TENANT has the right to remove or is obligated to remove under the provisions of this Lease. TENANT shall remove all its personal property within the above stated time. TENANT shall perform all restoration made necessary by the removal of any alterations or TENANT'S personal property within the time periods stated in this Paragraph. LANDLORD can elect to retain or dispose of in any manner any alterations or TENANT'S personal property that TENANT does not remove from the Premises on expiration or termination of the term as allowed or required by this Lease by giving at least ten (10) days notice to TENANT. Title to any such alterations or TENANT'S personal property that LANDLORD elect to retain or dispose of on expiration of the ten (10) day period shall vest in LANDLORD. TENANT waives all claims against LANDLORD for any damage to TENANT resulting from LANDLORD'S retention or disposition of any such alterations or TENANT'S personal property. TENANT shall be liable to LANDLORD for LANDLORD'S costs for storing, removing, and disposing of any alterations or TENANT'S personal property. If TENANT fails to surrender the Premises to LANDLORD on expiration of the Lease term as required by this paragraph, TENANT shall hold LANDLORD harmless from all damages resulting from TENANT'S failure to surrender the Premises, including, without limitation, claims made by a succeeding tenant resulting from TENANT'S failure to surrender the Premises. B. HOLDING OVER: If TENANT, with LANDLORD'S consent, remains in possession of the Premises after expiration or termination of the term, or after the date in any notice given by LANDLORD to TENANT terminating this Lease, such possession by TENANT shall be deemed to be a month-to-month tenancy terminable on thirty (30) days notice given at any time
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Related to SURRENDER OF PREMISES

  • Off-premises sign means a sign directing attention to a use, product, commodity or service not related to the premises upon which the sign is located.

  • Rentable Area of Premises on Page 1 of the Lease shall be deleted in their entirety and replaced with the following:

  • Surrender when used with respect to American Depositary Shares, shall mean (i) one or more book-entry transfers of American Depositary Shares to the DTC account of the Depositary, (ii) delivery to the Depositary at its Office of an instruction to surrender American Depositary Shares not evidenced by a Receipt or (iii) surrender to the Depositary at its Office of one or more Receipts evidencing American Depositary Shares.

  • registered premises means a location that is licensed pursuant to this chapter and includes:

  • Premises Building Partial Damage means if the Building of which the Premises are a part is damaged or destroyed to the extent that the cost to repair is less than fifty percent (50%) of the then Replacement Cost of the building.

  • Subleased Premises means all that portion of the Leased Premises referred to as airport lot as outlined on the site diagram attached as Schedule "A" to this Sublease; and

  • On-premises sign means a sign advertising activities conducted or maintained on the property on which it is located. The boundary of the property shall be as determined by tax rolls, deed registrations, and apparent land use delineations. If a sign consists principally of brand name or trade name advertising and the product or service advertised is only incidental to the principal activity conducted or maintained on the property, or if the sign brings rental income to the property owner or sign owner, it shall be considered the business of outdoor advertising and not an on-premises sign. On-premises sign does not include a sign on a narrow strip of land contiguous to the advertised activity, or a sign on an easement on adjacent property, when the purpose is clearly to circumvent the intent of this act.

  • Demised Premises or “Premises” (and whether or not capitalized) is used herein, it shall be understood to mean the “premises leased hereby”; and whenever the term “Entire Premises” is used herein (and whether or not capitalized), it shall be understood to mean all of the contiguous land and buildings owned by Landlord at this location, which include the premises leased hereby. The term “Non-leased Premises” shall mean the Entire Premises less the Leased Premises.

  • Leased Premises means the Leased Premises as defined in Paragraph 1.

  • the Premises means the building or part of the building booked and referred to in the contract

  • Premises Building Total Destruction means if the Building of which the Premises are a part is damaged or destroyed to the extent that the cost to repair is fifty percent (50%) or more of the then Replacement Cost of the Building.

  • Residence premises means: a. The one family dwelling where you reside; b. The two, three or four family dwelling where you reside in at least one of the family units; or c. That part of any other building where you reside;

  • this Tenant Work Letter means the relevant portion of Sections 1 through 6 of this Tenant Work Letter.

  • New Building ’ means a new construction to house a complete motor vehicle as- sembly process, where that construction includes the pouring or construction of a new foundation and floor, the erection of a new frame and roof, and the instal- lation of new plumbing and electrical and other utilities;

  • Storage Space means a space where goods of non-hazardous nature are stored and includes cold storage and banking safe vaults;

  • Insured Premises means the place named in the Schedule.

  • Building Envelope means the integrated elements of a building which separate its interior from the outdoor environment;

  • Office Space means the actual office or workspace corresponding to the Individual Office Number(s), taken together.

  • Master Lease This Schedule is issued pursuant to the Lease identified on page 1 of this Schedule. All of the terms and conditions of the Lease are incorporated in and made a part of this Schedule as if they were expressly set forth in this Schedule. The parties hereby reaffirm all of the terms and conditions of the Lease (including, without limitation, the representations and warranties set forth in Section 8) except as modified herein by this Schedule. This Schedule may not be amended or rescinded except by a writing signed by both parties. CHEMDEX CORPORATION COMDISCO, INC. AS LESSEE AS LESSOR By: /s/ Xxxxx X. Xxxxx By: /s/ Xxxx X. Xxxxxx ------------------- --------------------- Title: CEO Title: SR VP ----------------- ------------------- Date: Date: ----------------- ------------------- EXHIBIT 1 SUMMARY EQUIPMENT SCHEDULE -------------------------- This Summary Equipment Schedule dated XXXX is executed pursuant to Equipment Schedule No. X to the Master Lease Agreement dated XXXX between Comdisco, Inc. ("Lessor") and XXXX ("Lessee"). All of the terms, conditions, representations and warranties of the Master Lease Agreement and Equipment Schedule No. X are incorporated herein and made a part hereof, and this Summary Equipment Schedule constitutes a Schedule for the Equipment on the attached invoices.

  • Expansion Space means any space in the Building which, at any time during the Lease Term, is occupied by a Person other than Landlord under a written lease with Landlord, and the term “Tenant’s Expansion Space” means Expansion Space which Tenant has elected to lease as provided in this paragraph. Landlord agrees to notify Tenant promptly after Landlord learns that any Expansion Space is or will become available. Subject to the prior rights of other tenants to whom Landlord has granted substantially similar rights, Tenant has the option to lease any Expansion Space which Landlord notifies Tenant is or will become available. If Tenant gives Landlord notice of its exercise of this option within thirty (30) days after notification from Landlord of the availability of the Expansion Space and if no Event of Default exists when Tenant’s notice is given, this Lease will be deemed to be amended to include Tenant’s Expansion Space as part of the Premises for the remainder of the Lease Term upon all of the same terms contained in this Lease except that (i) the Rentable Area of the Premises will be amended to include Tenant’s Expansion Space; (ii) Tenant’s Share will be increased to include the rentable area of Tenant’s Expansion Space; (iii) the Term Commencement Date with respect to Tenant’s Expansion Space will be the earlier of sixty (60) days after the date on which Tenant’s Expansion Space becomes vacant and ready for occupancy (provided that date is at least sixty (60) days after Tenant exercises its option to lease the Expansion Space), or the date on which the Expansion Space is first occupied by Tenant; (iv) if Tenant’s Expansion Space contains a rentable area of 10,000 square feet or more, and if there are less than three (3) Lease Years remaining in the Lease Term, the Lease Term will be extended to include three (3) full years from the Term Commencement Date with respect to Tenant’s Expansion Space; and (v) subject to adjustment during each Fixed Rental Period as provided in Exhibit E, Basic Rent for each year of the remaining Lease Term (as it may be extended) will be the greater of (a) the Basic Rent last paid by the Person most recently occupying Tenant’s Expansion Space or (b) Market Rent determined as provided in the Rent Rider attached as Exhibit E. If Tenant exercises this option, Tenant’s Expansion Space will be leased to Tenant in its “as is” condition and Tenant will, at its expense and in compliance with the provisions of Section 7.06, design and construct all Improvements desired by Tenant for its use and occupancy. Landlord and Tenant agree to execute such amendments to this Lease and other instruments as either of them considers necessary or desirable to reflect Tenant’s exercise of this option.

  • Premises means the location where the Services are to be supplied, as set out in the Specification.

  • Leased Property shall have the meaning given such term in Section 2.1.

  • Surrender Charge means a charge levied on the Fund Value at the time of surrender of the Policy.

  • Leased space means a self−service storage unit or a space located within a self−service storage facility that a lessee is enti- tled to use for the storage of personal property on a self−service basis pursuant to a rental agreement and that is not rented or pro- vided to the lessee in conjunction with property for residential use by the lessee.

  • Original Lease shall have the meaning given such term in the recitals to this Agreement.

  • Height of building means height measured from the abutting road and in case of undulated terrain height can be considered as average of the corresponding ground level. The parapet wall, staircase head room, lift room, water tank are excluded from the height of the building.