Common use of Holding Over by Tenant Clause in Contracts

Holding Over by Tenant. Tenant agrees upon the expiration or termination of this Lease, immediately and peaceably to yield up and surrender the Premises; notice to quit or vacate is hereby expressly waived. Tenant shall be liable to Landlord for any and all damages incurred by Landlord as the result of any failure by Tenant, timely, to surrender possession of the Premises as required herein. If Tenant holds over after the expiration of this Lease for any cause, such holding over shall be deemed a tenancy at sufferance or, at the sole, absolute and unfettered discretion of Landlord, a tenancy from month-to-month only, in which event such month-to-month tenancy shall be upon the same terms, conditions and provisions as in this Lease contained, at: (a) 150% of the Basic Rent in effect immediately prior to the expiration; and (b) the Direct Operating Expenses Rent in effect immediately prior to the expiration.

Holding Over by Tenant. Tenant agrees upon the expiration or termination of this Lease, immediately and peaceably to yield up and surrender the Premises; notice to quit or vacate is hereby expressly waived. Tenant shall be liable to Landlord for any and all damages incurred by Landlord as the result of any failure by Tenant, timely, Tenant to timely surrender possession of the Premises as required herein. If Tenant holds shall hold over after the expiration of this Lease for any cause, such holding over shall be deemed a tenancy at sufferance or, at the sole, absolute and unfettered sole discretion of Landlord, a tenancy from month-to-month onlymonth, in which event such month-to-month tenancy shall be upon the same terms, conditions and provisions as set forth in this Lease containedLease, at: at one and one-half (a1½) 150% of times the Basic Base Rent that was in effect immediately prior to the expiration; and (b) the Direct Operating Expenses Rent in effect immediately prior to the expirationtermination.

Holding Over by Tenant. Tenant agrees upon the expiration or termination of this Lease, immediately and peaceably to yield up and surrender the Premises; , notice to quit or vacate is hereby expressly waived. Tenant shall be liable to Landlord for any and all damages incurred by Landlord Tenant as the result of any failure by Tenant, timely, to surrender possession of the Premises as required herein. If Tenant holds shall hold over after the expiration of this Lease for any cause, such holding over shall be deemed a tenancy at sufferance or, at the sole, absolute and unfettered sole discretion of Landlord, a tenancy from month-to-month only, in which event such month-to-month tenancy shall be upon the same terms, conditions and provisions as in this Lease contained, at: (a) 150125% of the Basic monthly Rent as was in effect immediately prior to the expiration; and (b) the Direct Operating Expenses Rent in effect immediately prior to the expirationtermination.

Holding Over by Tenant. Tenant agrees upon the expiration or termination of this Lease, immediately and peaceably to yield up and surrender the Premises; notice to quit or vacate is hereby expressly waived. Tenant shall be liable to Landlord for any and all damages incurred by Landlord as the result of any failure by Tenant, timely, Tenant to timely surrender possession of the Premises as required herein. If Tenant holds shall hold over after the expiration of this Lease for any cause, such holding over shall be deemed a tenancy at sufferance or, at the sole, absolute and unfettered sole discretion of Landlord, a tenancy from month-to-month onlymonth, in which event such month-to-month tenancy shall be upon the same terms, conditions and provisions as set forth in this Lease containedLease, at: at one and one half (aI 3~ ~ one-quarter (1 Y4) 150% of times the Basic Base Rent that was in effect immediately prior to the expiration; and (b) the Direct Operating Expenses Rent in effect immediately prior to the expirationtermination.