HOLDOVER BY TENANT. In the event Tenant remains in possession of the Leased Premises after the expiration of the tenancy created hereunder, and without the execution of a new lease, Tenant shall be deemed to be occupying the Leased Premises as a tenant from month-to-month at One Hundred Fifty Percent (150%) of the Fixed Minimum Rent subject to all the other conditions, provisions and obligations of this Lease insofar as the same are applicable to a month-to-month tenancy.
Appears in 2 contracts
Samples: Master Condominium Shopping Center Lease Agreement, Master Condominium Shopping Center Lease Agreement
HOLDOVER BY TENANT. In the event Tenant remains in possession of the Leased Premises after the expiration of the tenancy created hereunderthis Lease, and without the execution of a new lease, then Tenant shall be deemed to be occupying the Leased Premises as a tenant from month-to-month at One Hundred Fifty Percent will, at two hundred percent (150200%) of the Fixed Minimum Rent that was payable by Tenant during the last month of the Lease Term, subject to all the other conditions, provisions and obligations of this Lease Lease, insofar as the same are applicable to a month-to-month such tenancy.
Appears in 2 contracts
Samples: Strategic Alliance Agreement (Nationsrent Inc), Strategic Alliance Agreement (Nationsrent Inc)
