Common use of Holdover Damages Clause in Contracts

Holdover Damages. Tenant agrees not to extend their occupancy in the Premises without prior written approval from Landlord. Tenant understands and agrees that any unauthorized holdover will delay the Landlord in preparing the unit for incoming Tenants causing hardship resulting in monetary losses to Landlord. Tenant agrees to pay, $50.00 per day as damage to Landlord for any unauthorized holdover. The terms and conditions of this Agreement shall remain in full force except the daily rental value during the unauthorized holdover period by Tenant.

Appears in 6 contracts

Samples: Student Housing Rental Agreement, Student Housing Rental Agreement, Student Housing Rental Agreement

AutoNDA by SimpleDocs

Holdover Damages. Tenant agrees not to extend their occupancy in the Premises SHP without prior written approval from Landlord. Tenant understands and agrees that any unauthorized un-authorized holdover will delay the Landlord in preparing the unit for incoming in-coming Tenants causing extreme hardship resulting in monetary losses to Landlord. Tenant agrees to pay, in advance $50.00 300.00 per day as damage to Landlord for any unauthorized un- authorized holdover. The terms and conditions of this Agreement shall remain in full force except the daily rental value during the unauthorized un-authorized holdover period by Tenant.

Appears in 1 contract

Samples: Rental Agreement

AutoNDA by SimpleDocs

Holdover Damages. Tenant agrees not to extend their occupancy in the Premises SHP without prior written approval from Landlord. Tenant understands and agrees that any unauthorized un-authorized holdover will delay the Landlord in preparing the unit for incoming in-coming Tenants causing extreme hardship resulting in monetary losses to Landlord. Tenant agrees to pay, in advance $50.00 300.00 per day as damage to Landlord for any unauthorized un-authorized holdover. The terms and conditions of this Agreement shall remain in full force except the daily rental value amount during the unauthorized un-authorized holdover period by Tenant.

Appears in 1 contract

Samples: Student Housing Rental Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!