EFFECT OF HOLDING OVER. If Tenant should remain in possession of the Leased Premises after the expiration of the Lease Term and without executing a new Lease, then such holding over shall be construed as a tenancy from month-to-month, subject to all the conditions, provisions, and obligations of this Lease insofar as the same are applicable to a month-to-month tenancy; provided, however, that Base Rent during any such holding over shall be 150% of the Base Rent in effect immediately prior to the expiration of the Lease term.
EFFECT OF HOLDING OVER. 11 28 SUBORDINATION............................................................12 29
EFFECT OF HOLDING OVER. The parties agree that any holding over by Lessee under this agreement, without Lessor’s written consent, shall be a tenancy at will which may be terminated by Lessor in accordance with applicable law.
EFFECT OF HOLDING OVER. If Lessee should remain in possession of the Leased Premises after the expiration of the Lease term and without executing a new Lease, then such holding over shall be construed as a tenancy from month to month, subject to all the conditions, provisions, and obligations of this Lease insofar as the same are applicable to a month-to-month tenancy.
EFFECT OF HOLDING OVER. If Lessee does not renew or extend the term of this Lease as herein provided, and holds over beyond the expiration of the Term hereof, such holding over shall be deemed a month-to-month tenancy only, with Rent payable on the 1st day of each and every month thereafter until the tenancy is terminated in a manner provided by law. Rent during such holdover period shall be at the same monthly level as was payable with respect to the last month of the Term.
EFFECT OF HOLDING OVER. Either party hereto may terminate this Lease at the expiration of the said term, or extended term, by giving to the other party written notice thereof at least ninety (90) days prior to such expiration, but in default of such notice, this Lease, as same may be amended from time to time, with all the conditions and covenants thereof, shall renew for a term of one year, with the exception that the rent shall be equivalent to the rent paid during the prior twelve (12) month period plus a monthly increase of 1/12th of the Consumer Price Index of the first month of the last term of the Lease divided by the Consumer Price Index as of the last month of the last year of the Lease term; which increase shall continue for the new rental term of one year and so on from year to year thereafter together with an additional Consumer Price Index increase as described hereinabove, until terminated by either party hereto, giving to the other at least ninety (90) days prior written notice of intention to terminate said Lease at the expiration of the then current term. PROVIDED HOWEVER, that if Landlord shall have given such written notice prior to the expiration of any term hereby created of its intention to change the terms and conditions of this Lease, and Tenant shall hold over after the expiration of the time mentioned in such notice, Tenant shall be considered a Tenant under the terms and conditions mentioned in such notice for such further period as Tenant may remain in possession of the leased premises or until similar subsequent notice be given by Landlord again changing the said terms and conditions.
EFFECT OF HOLDING OVER. The holding over by Lessee shall not operate to renew this Lease without the written consent of Owner.
EFFECT OF HOLDING OVER. The parties agree that any holding over by Guest(s) under this agreement, without Park Owner(s) written consent, shall be a tenancy at will which may be terminated by Park Owner(s) in accordance with applicable law. Indemnification: Guest(s) shall indemnify, defend, and hold Park Owner(s) harmless from any and all claims and damages (including reasonable attorney’s fees and costs) arising from Guest(s) use of the Spot or from any activity permitted by Guest(s) in or about the Spot unless caused by the gross negligence or willful misconduct of Park Owner(s). Guest(s) shall further indemnify, defend, and hold Park Owner(s) harmless from any and all claims and damages (including reasonable attorney’s fees and costs) arising from any breach or default in the terms of this agreement or arising from any act, negligence, fault, or omission of Guest(s) and from and against any and all costs, reasonable attorney’s fees, expenses, and liabilities incurred on or about such claim or any action or proceeding brought on such claim. In case any action or proceeding shall be brought against Lessor by reason of any such claim, Guest(s), on notice from Park Owner(s), shall defend it at Guest(s) expense by counsel approved in writing by Park Owners(s).
EFFECT OF HOLDING OVER. The parties agree that any holding over by Lessee under this agreement, without Lessor’s written consent, shall be a tenancy at will which may be terminated by Lessor in accordance with applicable law. Rent payable during an unauthorized holding over shall be at 150% of rental fees as described in Paragraph 1.
EFFECT OF HOLDING OVER. If Lessee remains in possession of all or any part of the Demised Premises after the expiration of the Demised Term, with the express or implied consent of Lessor, such tenancy shall be month-to-month only and shall not constitute a renewal or extension for any further term. If Lessor remains in possession either with or without Lessor's consent, Monthly Rent shall be increased to an amount equal to One Hundred Twenty-Five (125%) percent of the Monthly Rent payable during the last month of the Demised Term, and any other sums due under this Lease shall be payable in the amount and at the times specified in this Lease. Such month-to-month tenancy shall be subject to every other term, condition, and covenant contained herein. If Lessee remains in possession without Lessor's consent, Lessee shall indemnify, defend and hold Lessor harmless from all claims, costs and liabilities including attorneys' fees and costs, arising from or in connection with Lessee remaining in possession.
