HOLD OVER TENANCY. It is agreed that if the Lessee continues in possession of the leased premises with the Lessor's consent, then such holdover shall operate as an extension of the Lease from month to month only. In such an event, all of those terms and conditions of this Lease Agreement, except for those pertaining to the term of the Lease shall remain in effect.
HOLD OVER TENANCY. If without execution of a new Lease or written extension Tenant shall hold over after the expiration or termination of the Term, with Landlord's written consent, Tenant shall be deemed to be occupying the Premises as a Tenant from month to month, which tenancy may be terminated as provided by law, unless the parties agree otherwise at the time of Landlord's consent. If Tenant shall hold over after expiration or termination of the Term without Landlord's written consent, the Base Monthly Rent payable shall be 200% of the Base Monthly Rent payable in the last month prior to expiration or termination of the Term, and Tenant shall continue to pay Additional Rent. During any such tenancy, Tenant shall continue to be bound by all of the terms, covenants, and conditions of this Lease, insofar as applicable.
HOLD OVER TENANCY. Any holding over after the expiration of the term hereof, with the consent of the Lessor, shall be construed to be a tenancy from month to month, upon the terms and conditions, including payment of rent, as specified herein, and/or prorated on a monthly basis if less than a full month.
HOLD OVER TENANCY. If (without execution of a new lease or written extension) Tenant shall hold over after the expiration of the term of this Lease, Tenant may, at Landlord's election, be deemed to be occupying the Leased Premises as a tenant from month to month, which tenancy may be terminated as provided by law. During such tenancy, Tenant agrees to pay to Landlord Tenant's Pro Rata Share of Building Operating Costs and 200% of the then current Base Rent, as set forth herein, unless a different rate is agreed upon, and to be bound by all of the terms, covenants and conditions as herein specified, so far as applicable. The foregoing notwithstanding, in the event Landlord and Tenant are negotiating in good faith over the extension of the Lease Term for a period exceeding the renewal period contemplated in Paragraph 40 of the Lease, Tenant shall pay Rent at the same rate as was due during the then current renewal period, for a period not to exceed sixty (6O) days following the termination date of such renewal period. At the end of such sixty (60) day period, Tenant agrees to pay to Landlord Tenant's Pro Rata Share of Building Operating Costs and 200% of the then current Base Rent until Tenant's occupancy is terminated.
HOLD OVER TENANCY. If (without execution of a new lease or written extension) Tenant shall hold over after the expiration of the term of this Lease with Landlord's written consent, Tenant shall be deemed to be occupying the Premises as a Tenant from month to month, which tenancy may be terminated as provided by law. If Tenant shall hold over after expiration of the term of this Lease without Landlord's written consent, Tenant's rent payable shall be increased by one hundred percent (100%) more than Tenant's Monthly Base Rent required in the last month of the Term of this Lease. During any such tenancy, Tenant agrees to be bound by all of the terms, covenants, and conditions as specified, insofar as applicable.
HOLD OVER TENANCY. If Tenant shall hold over after the Lease Expiration Date, Tenant may be deemed, at Landlord's option, to occupy the Leased Premises as a tenant from month to month, which tenancy may be terminated by one month's written notice. During such tenancy, Tenant agrees to pay to Landlord, monthly in advance, an amount equal to 150% of all Rent which would become due (based on Base Rent and Tenant's Pro Rata Share of Excess Operating Costs payable for the last month of the Lease Term, together with all other amounts payable by Tenant to Landlord under this Lease), and to be bound by all of the terms, covenants and conditions herein specified. If Landlord relets the Leased Premises or any portion thereof to a new tenant and the term of such new lease commences during the period for which Tenant holds over, Landlord shall also be entitled to recover from Tenant all costs and expenses, attorneys fees, damages or loss of profits incurred by Landlord as a result of Tenant's failure to deliver possession of the Leased Premises to Landlord when required under this Lease.
HOLD OVER TENANCY. If, at the termination of the agreement, the lessee remains in possession with consent of the lessor after the termination, and if the lessee pays rent accepted by the lessor during such possession, this agreement shall be deemed converted to a month-to-month rental without further action by either lessor or lessee. The conversion of this rental agreement to a month-to-month tenancy after the ending date is not automatic. The lessee cannot remain in the property beyond the termination of this rental agreement unless the lessor has given specific written consent, or unless the lessor accepts rent after the termination. Unless the lessor has given specific written consent to continue the tenancy on a month-to-month basis, the lessee must vacate by the termination date and time; without such written consent from the lessor, the lessee bears the risk of eviction if the lessor does not accept further rent. Among other things, the lessor may require, as a condition of consent, that the lessee pay rent in advance for the holdover tenancy, or make an additional security deposit. If the tenancy becomes a month- to-month rental, all security deposits shall remain on deposit with lessor until the tenancy is terminated; other terms of this agreement shall also remain in effect, subject to change after notice as provided in the Residential Landlord-Tenant Act of 1973 as amended. If this agreement is, or becomes, a month-to-month agreement, or if the term is indefinite, either party may terminate the tenancy by giving at least 20 days' written notice of termination before the next rent is due. For example, notice of termination must be given not later than the 10th day of a 30-day month, and not later than the 11th day of a 31-day month, to terminate the agreement at the end of that month. Termination of the tenancy will not be effective unless sufficient notice has been given as provided above.
HOLD OVER TENANCY. If Tenant shall, with the written consent of Landlord endorsed hereon, or on the duplicate hereof, at any time hold over the Premises beyond the termination date set forth elsewhere in this Agreement, then the Tenant shall hold said Premises upon the same terms, and under the same stipulations, covenants and agreements as contained in this Agreement, and no holding over by Tenant shall operate to renew this Agreement without such written consent of Landlord.
HOLD OVER TENANCY. (a) As of the date hereof, MCM has vacated the premises at 000 Xxxxxxxxx Xxxxxx which are leased by GECM (the “Xxxxxxx Suite”).
HOLD OVER TENANCY. If Tenant shall remain in the Demised Premises after the expiration of the Term of this Lease without having executed and delivered a new lease (or amendment to this Lease) with Landlord, such holding over shall not constitute a renewal or extension of this Lease. Landlord may, at its option, (a) elect to treat Tenant as one who has not removed at the end of its Term and thereupon be entitled to all the remedies against Tenant provided by law in that situation, or (b) construe such holding over as a month-to-month tenancy subject to all the terms and conditions of this Lease, except as to the duration thereof. In the case of both (a) and (b) above, if Tenant shall remain in the Demised Premises after the expiration of the Term of this Lease, Tenant shall pay to Landlord the following: (a) for up to the first three (3) months of such holding over, one hundred fifty (150%) percent of the Monthly Fixed Rent and Additional Rent and all other sums due hereunder in effect on the Expiration Date, with Tenant timely making such payments to Landlord in accordance with this Lease; and (b) thereafter, for all other periods of such holding over, two hundred (200%) percent of the Monthly Fixed Rent and Additional Rent and all other sums due hereunder in effect on the Expiration Date, with Tenant timely making such payments to Landlord in accordance with this Lease. The parties recognize and agree the damages to Landlord resulting from any failure by Tenant to timely surrender possession of the Demised Premises will be extremely substantial, will exceed the amount of the Monthly Fixed Rent and Additional Rent payable hereunder and will be impossible to accurately measure. If the Demised Premises are not surrendered on or prior to the date which is thirty (30) days after the expiration of the Term, in addition to the use and occupancy charges set forth above, Tenant shall indemnify and hold harmless Landlord against any and all losses, damages and liabilities resulting therefrom, including, without limitation, any claims made by any succeeding tenant founded upon such delay, this provision to survive the expiration or sooner termination of this Lease. The provisions of this Article shall not serve as permission for Tenant to hold-over, nor serve to extend the Term (although Tenant shall remain bound to comply with all provisions of this Lease until Tenant vacates the Demised Premises) and Landlord shall have the right at any time thereafter to enter and possess the Demis...
