Common use of HOLDOVER TENANT Clause in Contracts

HOLDOVER TENANT. Should Tenant fail to vacate as outlined in LEASE TERM paragraph, Tenant will become a holdover Tenant on a month to month basis under the same terms and conditions of Lease. In addition, Tenant shall be liable for any and all actual damages sustained by Landlord as a result of Tenant’s holding over, including without limitation costs payable to a new tenant for moving, storage, meals, lodging and mileage. In the alternative, Landlord shall have the right to receive from Tenant, as liquidated damages, rent for the period of Tenant’s holding over in an amount equal to 150 percent of the per diem of the monthly Rent, for each day Tenant remains in the Premises.

HOLDOVER TENANT. Should Tenant fail to vacate as outlined in LEASE TERM paragraph, Tenant will become a holdover Tenant on a month to month basis under the same terms and conditions of Lease. In addition, Tenant shall be liable for any and all actual damages sustained by Landlord as a result of Tenant’s 's holding over, including without limitation costs payable to a new tenant for moving, storage, meals, lodging and mileage. In the alternative, Landlord shall have the right to receive from Tenant, as liquidated damages, rent for the period of Tenant’s 's holding over in an amount equal to 150 100 percent of the per diem of the monthly Rent, for each day Tenant remains in the Premises.

HOLDOVER TENANT. Should Tenant fail to vacate as outlined in LEASE TERM paragraph, Tenant will become a holdover Tenant on a month to month-to-month basis under the same terms and conditions of Lease. In addition, Tenant shall be liable for any and all actual damages sustained by Landlord as a result of TenantXxxxxx’s holding over, including without limitation costs payable to a new tenant for moving, storage, meals, lodging and mileage. In the alternative, Landlord shall have the right to receive from Tenant, as liquidated damages, rent for the period of Tenant’s holding over in an amount equal to 150 percent of the per diem of the monthly Rent, for each day Tenant remains in the Premises.