Common use of Lease Expiration Clause in Contracts

Lease Expiration. Tenant must vacate the premises promptly at the conclusion of the lease term. No holdover tenancy whatsoever shall be allowed, and Tenant shall be responsible for liquidated damages at the daily rate of 1/5th of the then current monthly market rate plus reasonable attorney's fees as allowable by law. Tenant will also be liable for any damages including hotel/motel and restaurant expenses for the new tenant. Collection of liquidated damages will not create a tenancy. Any person who refuses to vacate the premises at the expiration of the lease term as specified may be evicted without further notice as allowed by law. Statutory Lease Termination. As provided in MCLA 554.601a, if Xxxxxx has occupied the premises for more than 13 months, Tenant may terminate this lease by 60-day written notice to Landlord if (a) Tenant becomes eligible during the lease term to take possession of a subsidized rental unit in senior citizen housing and provides Landlord with written proof of that eligibility; and/or (b) Tenant becomes incapable during the lease term of liv- ing independently, as certified by a physician in a notarized statement. Forfeiture of Lease. Landlord may terminate Xxxxxx's right to occupancy under this Lease:

Lease Expiration. Tenant must vacate the premises promptly at the conclusion of the lease term. No holdover tenancy whatsoever shall be allowed, and Tenant shall be responsible for liquidated damages at the daily rate of 1/5th of the then current monthly market rate plus reasonable attorney's fees as allowable by law. Tenant will also be liable for any damages including hotel/motel and restaurant expenses for the new tenant. Collection of liquidated damages will not create a tenancy. Any person who refuses to vacate the premises at the expiration of the lease term as specified may be evicted without further notice as allowed by law. Statutory Lease Termination. As provided in MCLA 554.601a, if Xxxxxx Tenant has occupied the premises for more than 13 months, Tenant may terminate this lease by 60-day written notice to Landlord if (a) Tenant becomes eligible during the lease term to take possession of a subsidized rental unit in senior citizen housing and provides Landlord with written proof of that eligibility; and/or (b) Tenant becomes incapable during the lease term of liv- ing independently, as certified by a physician in a notarized statement. Forfeiture of Lease. Landlord may terminate XxxxxxTenant's right to occupancy under this Lease: