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 Rent Commencement 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. 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.
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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; OWNERSHIP AND REMOVAL OF TRADE FIXTURES 26 16.

  • 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: Tenant agrees to surrender the said premises and all the landlord’s furniture and fixtures are in good, clean and operating condition at the expiration of this lease.

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


More Definitions of SURRENDER OF PREMISES

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, ▇▇▇▇▇ 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. 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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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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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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Related to SURRENDER OF PREMISES

  • Off-premises sign means a sign relating, through its mes­ sage and content, to a business activity, product, or service not available on the premises upon which the sign is erected.

  • 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.