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Common use of Holdover Clause in Contracts

Holdover. Tenant has no right to retain possession of the Premises or any part thereof beyond the expiration or earlier termination of this Lease. If Tenant holds over with the consent of Landlord: (i) the Base Rent payable shall be increased to 175% of the Base Rent applicable during the month immediately preceding such expiration or earlier termination; (ii) Tenant's right to possession shall terminate on 30 days notice from Landlord and (iii) all other terms and conditions of this Lease shall continue to apply. Nothing contained herein shall be construed as a consent by Landlord to any holding over by Tenant. Tenant shall indemnify, defend and hold Landlord harmless from and against any and all claims, demands, actions, losses, damages, obligations, costs and expenses, including, without limitation, attorneys' fees incurred or suffered by Landlord by reason of Tenant's failure to surrender the Premises on the expiration or earlier termination of this Lease in accordance with the provisions of this Lease.

Appears in 5 contracts

Samples: Lease Agreement (Headhunter Net Inc), Industrial Multi Tenant Lease (Brightstar Corp.), Industrial Multi Tenant Lease (Smarterkids Com Inc)

Holdover. Tenant has no right to retain possession of the Premises or any part thereof beyond the expiration or earlier termination of this Lease. If Tenant holds over with the consent of Landlord: (ia) the Base Rent payable shall be increased to 175150% of the Base Rent applicable during the month immediately preceding such expiration or earlier termination; (iib) Tenant's ’s right to possession shall terminate on 30 days notice from Landlord Landlord; and (iiic) all other terms and conditions of this Lease shall continue to apply. Nothing contained herein shall be construed as a consent by Landlord to any holding over by Tenant. Tenant shall indemnify, defend defend, and hold Landlord harmless from and against any and all claims, demands, actions, losses, damages, obligations, costs costs, and expenses, including, without limitation, attorneys' fees incurred or suffered by Landlord by reason of Tenant's ’s failure to surrender the Premises on the expiration or earlier termination of this Lease in accordance with the provisions of this Lease.

Appears in 5 contracts

Samples: Industrial Lease (CAPSTONE TURBINE Corp), R&d Lease (Harmonic Inc), Industrial Lease (InvenSense Inc)

Holdover. Tenant has no right to retain possession of the Premises or any part thereof beyond the expiration or earlier termination of this Lease. If Tenant holds over with the consent of Landlord: (i) the Base Rent payable shall be increased to 175150% of the Base Rent applicable during the month immediately preceding such expiration or earlier termination; (ii) Tenant's right to possession shall terminate on 30 days notice from Landlord and (iii) all other terms and conditions of this Lease shall continue to apply. Nothing contained herein shall be construed as a consent by Landlord to any holding over by Tenant. Tenant shall indemnify, defend and hold Landlord harmless from and against any and all claims, demands, actions, losses, damages, obligations, costs and expenses, including, without limitation, attorneys' fees incurred or suffered by Landlord by reason of Tenant's failure to surrender the Premises on the expiration or earlier termination of this Lease in accordance with the provisions of this Lease.

Appears in 4 contracts

Samples: Lease (Harmonic Inc), Industrial Multi Tenant Lease (SBS Technologies Inc), Lease (Harmonic Inc)

Holdover. Tenant has no right to retain possession of the Premises or -------- any part thereof beyond the expiration or earlier termination of this Lease. If Tenant holds over with the consent of Landlord: (i) the Base Rent payable shall be increased to 175150% of the Base Rent applicable during the month immediately preceding such expiration or earlier termination; (ii) Tenant's right to possession shall terminate on 30 days notice from Landlord and (iii) all other terms and conditions of this Lease shall continue to apply. Nothing contained herein shall be construed as a consent by Landlord to any holding over by Tenant. Tenant shall indemnify, defend and hold Landlord harmless from and against any and all claims, demands, actions, losses, damages, obligations, costs and expenses, including, without limitation, attorneys' fees incurred or suffered by Landlord by reason of Tenant's failure to surrender the Premises on the expiration or earlier termination of this Lease in accordance with the provisions of this Lease.

Appears in 4 contracts

Samples: Lease (Sonicwall Inc), Lease (Kyphon Inc), Industrial Multi Tenant Lease (Cost U Less Inc)

Holdover. Tenant has no right to retain possession of the Premises or any part thereof beyond the expiration or earlier termination of this Lease. If Tenant holds over with the consent of Landlord: (ia) the Base Rent payable shall be increased to 175150% of the Base Rent applicable during the month immediately preceding such expiration or earlier termination; (iib) Tenant's ’s right to possession shall terminate on 30 days notice from Landlord Landlord; and (iiic) all other terms and conditions of this Lease shall continue to apply. Nothing contained herein shall be construed as a consent by Landlord to any holding over by Tenant. Tenant shall indemnify, defend defend, and hold Landlord harmless from and against any and all claims, demands, actions, losses, damages, obligations, costs costs, and expenses, including, without limitation, reasonable attorneys' fees incurred or suffered by Landlord by reason of Tenant's ’s failure to surrender the Premises on the expiration or earlier termination of this Lease in accordance with the provisions of this Lease.

Appears in 3 contracts

Samples: Lease (Pacific Biosciences of California Inc), Lease (Pacific Biosciences of California Inc), Lease (Pacific Biosciences of California Inc)

Holdover. Tenant has no right to retain possession of the Premises or any part thereof beyond the expiration or earlier termination of this Lease. If Tenant holds over with the consent of Landlord: (ia) the Base Rent payable shall be increased to 175150% of the Base Rent applicable during the month immediately preceding such expiration or earlier termination; (iib) Tenant's right to possession shall terminate on 30 days notice from Landlord Landlord; and (iiic) all other terms and conditions of this Lease shall continue to apply. Nothing contained herein shall be construed as a consent by Landlord to any holding over by Tenant. Tenant shall indemnify, defend defend, and hold Landlord harmless from and against any and all claims, demands, actions, losses, damages, obligations, costs costs, and expenses, including, without limitation, attorneys' fees incurred or suffered by Landlord by reason of Tenant's failure to surrender the Premises on the expiration or earlier termination of this Lease in accordance with the provisions of this Lease.

Appears in 3 contracts

Samples: Industrial Lease (Excaliber Enterprises, Ltd.), Lease Agreement (Omneon Video Networks, Inc.), Industrial Lease (Capstone Turbine Corp)

Holdover. Tenant has no right to retain possession of the Premises or any part thereof beyond the expiration or earlier termination of this Lease. If Tenant holds over with the consent of Landlord: (ia) the Base Rent payable shall be increased to 175% one hundred fifty percent (150%) of the Base Rent applicable during the month immediately preceding such expiration or earlier termination; (iib) Tenant's ’s right to possession shall terminate on 30 thirty (30) days notice from Landlord and (iiic) all other terms and conditions of this Lease shall continue to apply. Nothing contained herein shall be construed as a consent by Landlord to any holding over by Tenant. Tenant shall indemnify, defend and hold Landlord harmless from and against any and all claims, demands, actions, losses, damages, obligations, costs and expenses, including, without limitation, attorneys' fees incurred or suffered by Landlord by reason of Tenant's ’s failure to surrender the Premises on the expiration or earlier termination of this Lease in accordance with the provisions of this Lease.

Appears in 2 contracts

Samples: Commercial Lease Agreement (Neos Therapeutics, Inc.), Commercial Lease Agreement (Neos Therapeutics, Inc.)

Holdover. Tenant has no right to retain possession of the Premises or any part thereof beyond the expiration or earlier termination of this Lease. If Tenant holds over with the consent of Landlord: (i) the Base Rent payable shall be increased to 175% of the Base Rent applicable during the month immediately preceding such expiration or earlier termination; (ii) Tenant's right to possession shall terminate on 30 days notice from Landlord and (iii) all other terms and conditions of this Lease shall continue to apply. Nothing contained herein shall be construed as a consent by Landlord to any holding over by Tenant. Tenant shall indemnify, defend and hold Landlord harmless from and against any and all claims, demands, actions, losses, damages, obligations, costs and expenses, including, without limitation, attorneys' fees incurred or suffered by Landlord or any Landlord Entities by reason of Tenant's failure to surrender the Premises on the expiration or earlier termination of this Lease in accordance with the provisions of this Lease.

Appears in 1 contract

Samples: Industrial Lease (Abgenix Inc)

Holdover. Tenant has no right to retain possession of the Premises or -------- any part thereof beyond the expiration or earlier termination of this Lease. If Tenant holds over with the consent of Landlord: (iI) the Base Rent payable shall be increased to 175% of the Base Rent applicable during the month immediately preceding such expiration or earlier termination; (ii) Tenant's right to possession shall terminate on 30 days notice from Landlord and (iii) all other terms and conditions of this Lease shall continue to apply. Nothing contained herein shall be construed as a consent by Landlord to any holding over by Tenant. Tenant shall indemnify, defend and hold Landlord harmless from and against any and all claims, demands, actions, losses, damages, obligations, costs and expenses, including, without limitation, attorneys' fees incurred or suffered by Landlord by reason of Tenant's failure to surrender the Premises on the expiration or earlier termination of this Lease in accordance with the provisions of this Lease.

Appears in 1 contract

Samples: Commercial Lease Agreement (Asd Systems Inc)

Holdover. Tenant has no right to retain possession of the Premises or -------- any part thereof beyond the expiration or earlier termination of this Lease. If Tenant holds over with the consent of Landlord: (i) the Base Rent payable shall be increased to 175% of the Base Rent applicable during the month immediately preceding such expiration or earlier termination; (ii) Tenant's right to possession shall terminate on 30 days notice from Landlord and (iii) all other terms and conditions of this Lease shall continue to apply. Nothing contained herein shall be construed as a consent by Landlord to any holding over by Tenant. Tenant shall indemnify, defend and hold Landlord harmless from and against any and all claims, demands, actions, losses, damages, obligations, costs and expenses, including, without limitation, attorneys' fees incurred or suffered by Landlord by reason of Tenant's failure to surrender the Premises on the expiration or earlier termination of this Lease in accordance with the provisions of this Lease.

Appears in 1 contract

Samples: Lease (Adaptive Broadband Corp)

Holdover. Tenant has no right to retain possession of the Premises or any part thereof beyond the expiration or earlier termination of this Lease. If Tenant holds over with the consent of Landlord: (i) the Base Rent payable shall be increased to 175150% of the Base Rent applicable during the month immediately preceding such expiration or earlier termination; (ii) Tenant's ’s right to possession shall terminate on 30 days days-notice from Landlord and (iii) all other terms and conditions of this Lease shall continue to apply. Nothing contained herein shall be construed as a consent by Landlord to any holding over by TenantTxxxxx. Tenant shall indemnify, defend and hold Landlord harmless from and against any and all claims, demands, actions, losses, damages, obligations, costs and expenses, including, without limitation, attorneys' legal fees incurred or suffered by Landlord by reason of Tenant's ’s failure to surrender the Premises on the expiration or earlier termination of this Lease in accordance with the provisions of this Lease.

Appears in 1 contract

Samples: Industrial Multi Tenant Lease (PLX Pharma Inc.)

Holdover. Tenant has no right to retain possession of the Premises or any part thereof beyond the expiration or earlier termination of this Lease. If Tenant holds over with the consent of Landlord: (ia) the Base Rent payable shall be increased to 175150% of the Base Rent applicable during the month immediately preceding such expiration or earlier termination; (iib) Tenant's ’s right to possession shall terminate on 30 days notice from Landlord Landlord; and (iiic) all other terms and conditions of this Lease shall continue to apply. Nothing contained herein shall be construed as a consent by Landlord to any holding over by Tenant. Tenant shall indemnify, defend defend, and hold Landlord harmless from and against any and all claims, demands, actions, losses, damages, obligations, costs costs, and expenses, including, without limitation, reasonable attorneys' fees incurred or suffered by Landlord by reason of Tenant's ’s failure to surrender the Premises on the expiration or earlier termination of this Lease in accordance with the provisions of this Lease. Landlord shall deliver prompt and reasonable written notice to Tenant of any such claims.

Appears in 1 contract

Samples: Industrial Lease (Mips Technologies Inc)

Holdover. Tenant has no right to retain possession of the Premises or any part thereof beyond the expiration or earlier termination of this Lease. If Tenant holds over with the consent of Landlord: (ia) the Base Rent payable shall be increased to 175150% of the Base Rent applicable during the month immediately preceding such expiration or earlier termination; (iib) Tenant's ’s right to possession shall terminate on 30 days days’ notice from Landlord Landlord; and (iiic) all other terms and conditions of this Lease shall continue to apply. Nothing contained herein shall be construed as a consent by Landlord to any holding over by Tenant. Tenant shall indemnify, defend defend, and hold Landlord harmless from and against any and all claims, demands, actions, losses, damages, obligations, costs costs, and expenses, including, without limitation, attorneys' fees incurred or suffered by Landlord by reason of Tenant's ’s failure to surrender the Premises on the expiration or earlier termination of this Lease in accordance with the provisions of this Lease.

Appears in 1 contract

Samples: Lease (Clean Energy Fuels Corp.)

Holdover. Tenant has no right to retain possession of the Premises or any part thereof beyond the expiration or earlier termination of this Lease. If Tenant holds over with the consent of Landlord: (i) the Base Rent payable shall be increased to 175150% of the Base Rent applicable during the month immediately preceding such expiration or earlier termination; (ii) Tenant's right to possession shall terminate on 30 days days' notice from Landlord and (iii) all other terms and conditions of this Lease shall continue to apply. Nothing contained herein shall be construed as a consent by Landlord to any holding over by Tenant. Tenant shall indemnify, defend and hold Landlord harmless from and against any and all claims, demands, actions, losses, damages, obligations, costs and expenses, including, without limitation, attorneys' fees incurred or suffered by Landlord by reason of Tenant's failure to surrender the Premises on the expiration or earlier termination of this Lease in accordance with the provisions of this Lease.

Appears in 1 contract

Samples: Lease Agreement (Suntek Corp)