Common use of End of the Term Clause in Contracts

End of the Term. 12.1 The Tenant is not required to give notice to end this agreement at the end of the Term. If the Tenant moves out of the Property at the end of the Term, unless the parties have expressly agreed otherwise this agreement shall end. 12.2 If the Tenant remains in occupation of the Property at the end of the Term this agreement shall continue as a monthly periodic Tenancy, and the Rent shall be payable monthly in advance. The first payment of Rent shall be due on the day after the End Date, and after this on the same day each month, and Rent Payment Day shall be interpreted accordingly.

Appears in 2 contracts

Samples: Tenancy Agreement, Tenancy Agreement

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End of the Term. 12.1 The Tenant is not required to give notice to end this agreement aAgreement at the end of the Term. If the Tenant moves out of the Property at the end of the Term, unless the parties have expressly agreed otherwise this agreement aAgreement shall end. 12.2 If the Tenant remains in occupation of the Property at the end of the Term this agreement aAgreement shall continue as a monthly periodic Tenancy, and the Rent shall be payable monthly in advance. The first payment of Rent shall be due on the day after the End Date, and after this on the same day each month, and Rent Payment Day shall be interpreted accordingly.

Appears in 2 contracts

Samples: Tenancy Agreement, Tenancy Agreement

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