Holdover Clause. Supplier shall continue to provide products and services pursuant to any quotation, purchase order, or MSA executed prior to the expiration or termination of this Agreement. The term of this Agreement shall then automatically extend through the final invoice date or expiration of the MSA, not including evergreen or automatic renewal periods (“Holdover Period”). The terms and conditions of this Agreement shall remain in effect for the duration of the Holdover Period.
Holdover Clause. In the event Tenant fails to vacate the Leased Premises by the end of the Lease Term or the extension term, Tenant hereby agrees to pay Landlord two hundred percent (200%) of the then applicable monthly installment of Rent. The “Holdover Rental Rate” shall be paid monthly in advance to Landlord. In determining the “
Holdover Clause. If the Lessee fails to vacate the Premises upon the expiration, termination or cancellation of this Lease, Lessee shall be deemed a holdover Lessee. Such holdover Lessee shall be obligated to pay the DPL a holdover fee during the holdover period of not less than 150% of the monthly-prorated Base Rent and Additional Rent for the Five Year Period immediately preceding the holder period as provided in Article 5A. Payment of such liquidated damages shall in no way constitute a limitation upon any other rights or remedies the DPL may be entitled to pursue for violation of the Lease, for trespass or illegal possession or for any other cause of action arising out of holdover Lessee’s failure to vacate the Premises including the right to evict the Lessee without court action, and the cost thereof to be paid by the Lessee.
Holdover Clause. In the event Tenant fails to vacate the Premises by the Lease Termination Date, Tenant hereby agrees to pay Landlord two (2) times the monthly rental rate. The "
Holdover Clause. 34 26.03 Relocation...............................................34 26.04 Brokerage................................................34 26.05 Landlord's Expenses ......................
Holdover Clause. In the event Tenant fails to vacate the premises by the Lease Termination Date, Tenant hereby agrees to pay Landlord 150% the monthly rental rate. The "
Holdover Clause. The Vendor agrees to pay the Listing Brokerage the Remuneration within days after the expiry of the Listing Period of this Agreement, if the Property is sold, exchanged or leased to any person introduced to the Property by the Listing Brokerage, or a selling Brokerage[s], during the term of this Listing Agreement. No transaction fee or commission is payable if the Property is listed with another Member Brokerage of the Xxxxxx Xxxxxx Island Real Estate Association after this Agreement expires.
Holdover Clause. Any holding over by Tenant after the expiration of the Term of this Lease shall be treated as a daily tenancy at sufferance at a rate equal to the greater of the then fair rent value of the Premises or two (2) times the sum of Rent in effect on the Stated Expiration Date. Tenant shall also pay to Landlord all damages, direct and/ or indirect (including any loss of a tenant or rental income), sustained by reason of any such holding over.
Holdover Clause. If either Lessor or Tenant sends a notice of non-renewal hereunder as permitted hereby or this Lease otherwise terminates as set forth herein and Tenant remains or continues to be in possession of the Premises or any part thereof after the expiration or termination of this Lease without the consent of Lessor, said holdover shall be considered willful and not in good faith, and Lessor, in addition to any other remedies set forth herein, shall be entitled to recover an amount equal to three (3) months’ rent or actual damages, whichever is greater, and any other charges allowed by applicable law in the state where the Premises are located until the Premises are delivered to Lessor as required hereby.
Holdover Clause. If Lessee or a sub-tenant shall remain or continue to be in possession of the leased premises or any part thereof after the termination of this lease, Lessor shall, his/her option, have the right to charge Xxxxxx as liquidated damages for the time such possession is withheld a sum equal to twice the amount of rent, or to treat such holding over as a renewal by Lessee of the lease for another year, upon the same terms and conditions, except that the monthly rental shall be at the election of the Lessor the same rental price per month as set forth in this lease agreement, or in the event the Lessor has notified the Lessee in writing of an increase in the monthly rental, then the monthly rental under this hold-over shall be at the increased rental set forth, in said notice, and in the event Lessor elects to treat such holding over as a renewal of this lease each and all of the other items of this lease shall be and remain in full force and effect for the renewal terms.
