Common use of Holding Over by Tenant Clause in Contracts

Holding Over by Tenant. Any holding over after the Term Expiration Date or the termination of the Term if sooner with the consent of Landlord shall be construed to be a tenancy from month to month at a rental equal to two (2) times the Basic Rent herein specified unless Landlord shall specify a different rent in its sole discretion, together with an amount estimated by Landlord for the monthly Additional Rent payable under this Lease, and shall otherwise be on the terms and conditions herein specified so far as applicable. Any holding over without Landlord's consent shall constitute a default by Tenant and entitle Landlord to reenter the Premises as provided in Section 16 hereof.

Appears in 2 contracts

Samples: Lease Agreement (CampusU), Lease Agreement (Precision Auto Care Inc)

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Holding Over by Tenant. Any holding over after the Term Expiration Date or the termination of the Term if sooner with the consent of Landlord shall be construed to be a tenancy from month to month at a rental equal to two one hundred twenty-five percent (2125%) times of the Basic Rent herein specified unless Landlord shall specify a different rent in its sole discretion, together with an amount estimated by Landlord for the monthly Additional Rent payable under this Lease, and shall otherwise be on the terms and conditions herein specified so far as applicable. Any holding over without Landlord's consent shall constitute a default by Tenant and entitle Landlord to reenter the Premises as provided in Section 16 hereof.

Appears in 2 contracts

Samples: Lease Agreement (Intracel Corp), Lease Agreement (Intracel Corp)

Holding Over by Tenant. Any holding over after the Term Expiration Date or the termination of the Term if sooner with the consent of Landlord shall be construed to be a tenancy from month to month at a rental equal to two one and one quarter (21.25) times the Basic Rent herein specified unless Landlord shall specify a different rent in its sole discretion, together with an amount estimated by Landlord for the monthly Additional Rent payable under this Lease, and shall otherwise be on the terms and conditions herein specified so far as applicable. Any holding over without Landlord's ’s consent shall constitute a default by Tenant and entitle Landlord to reenter the Premises as provided in Section 16 hereof.

Appears in 1 contract

Samples: Lease Agreement (K2m Group Holdings, Inc.)

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Holding Over by Tenant. Any holding over after the Term Expiration Date or the termination of the Term if sooner with the consent of Landlord shall be construed to be a tenancy from month to month at a rental equal to two One Hundred Twenty-Five percent (2125%) times of the Basic Rent herein specified unless Landlord shall specify a different rent in its sole discretionspecified, together with an amount estimated by Landlord for the monthly Additional Rent payable under this Lease, and shall otherwise be on the terms and conditions herein specified so far as applicable. Any holding over without Landlord's consent shall constitute a default by Tenant and entitle Landlord to reenter the Premises as provided in Section 16 hereof.

Appears in 1 contract

Samples: Lease Agreement (Cryomedical Sciences Inc)

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