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.
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Samples: Lease (Vixel Corp), Lease (Emulex Corp /De/)
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 hereunder shall be increased by one hundred seventy five percent (100%75% ) more than over Tenant's Monthly Base Rent rent required in the last month of the Term term of this Leaselease. During any such tenancy, Tenant agrees to be bound by all of the terms, covenants, covenants and conditions as specified, insofar as applicable.
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HOLD OVER TENANCY. If lf (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 hereunder shall be increased by one hundred fifty percent (10050%) more than over Tenant's Monthly Base Rent rent required in the last month of the Term term of this Leaselease. During any such tenancy, Tenant agrees to be bound by all of the terms, covenants, covenants and conditions as specified, insofar as applicable.
Appears in 1 contract
Samples: Commercial Lease (Nutraceutix Inc)