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. If Tenant shall hold over after the Lease Expiration Date, Tenant may be deemed, and 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%, for the first thirty (30) days of such tenancy, and 200% thereafter; 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. 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 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 (without execution of a new lease or written extension) Tenant holds over after the expiration of the term of this Lease, Tenant may. at Landlord's option, 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 monthly Rent equivalent to two (2) times the Total Monthly Payment for the last month of the Lease Tenn, unless a different rate is agreed upon and shall be bound by all of the terms, covenants and conditions as herein specified, so far as applicable. If Landlord relets the Leased Premises to a new tenant and the term of such new lease commences during the period for which Tenant holds over, Landlord shall be entitled to recover from Tenant any and all costs 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. Should Tenant or any assignee, sublessee or licensee of Tenant hold over the Premises or any part thereof after the expiration of the term set forth herein, such holdover shall constitute and be construed as a tenancy from month-to-month only, but otherwise upon the same terms and conditions.
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”).
(b) GECM shall pay all rent and termination payments owed to the landlord with respect to the Xxxxxxx Suite. GECM acknowledges that MCM has paid the security deposit under the lease with respect to the Xxxxxxx Suite on January 23, 2013 and currently standing in the amount of $170,163 (the “Security Deposit”). GECM shall permit MCM to seek return of the Security Deposit to MCM in full in accordance with the terms of the applicable lease requirements. To the extent the Security Deposit is not so returned, GECM shall have no liability with respect thereto; provided, that if the Security Deposit is paid to GECM, GECM shall pay such amount received over to MCM as soon as reasonably practical.
