Overholding - No Tacit Renewal Sample Clauses

Overholding - No Tacit Renewal. If the Tenant remains in possession of the Leased Premises after the end of the Term without having signed a new lease or an extension of Term agreement, there is no tacit renewal of this Lease or the Term, notwithstanding any statutory provisions or legal presumptions to the contrary, and the Tenant will be deemed to be occupying the Leased Premises as a tenant from month-to-month at a monthly Basic Rent equal to twice the monthly amount of Basic Rent payable during the last month of the Term, and otherwise, upon the same terms, covenants and conditions as are set forth in this Lease (including the payment of Additional Rent) so far as these are applicable to a monthly tenancy.
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Overholding - No Tacit Renewal. If the Tenant remains in possession of the Premises after the end of the Term with the consent of the Landlord but without having executed and delivered a new lease, there is no tacit or implied renewal of this Lease and the Term hereby granted, notwithstanding any statutory provisions or legal presumption to the contrary, and the Tenant shall be deemed to be occupying the Premises as a Tenant from month-to-month at a monthly Minimum Rent payable in advance on the first day of each month equal to 110% of the monthly amount of Minimum Rent payable during the last month of the Term and otherwise, upon the same terms, covenants and conditions as are set forth in this Lease (including the payment of all Additional Rent), so far as these are applicable to a monthly tenancy.
Overholding - No Tacit Renewal. If the Tenant remains in possession of the Premises after the end of the Term with the consent of the Landlord but without having executed and delivered a new lease, there is no tacit renewal of this Lease and the Tenant shall be deemed to be occupying the Premises as a Tenant from month to month at a monthly Basic Rent payable in advance on the first day of each month equal to the monthly amount of Basic Rent payable during the last month of the Term plus 20% and otherwise, upon the same terms, covenants and conditions as are set forth in this Lease.
Overholding - No Tacit Renewal. Notwithstanding Articles 1878 and 1879 of the Civil Code of Quebec or any law or custom to the contrary, the present Lease shall not be subject to tacit renewal and the Tenant is not to have the right to such occupancy beyond the expiry of the Term, unless the landlord and the Tenant have agreed in writing on the terms and conditions of a renewal or extension prior to the expiry. In the event that the Tenant remains in possession of the leased Premises after the expiry of the Term without a written agreement as provided above, such occupancy shall be deemed to be a tenancy from month to month and such continued occupancy shall be at a monthly rate payable in advance equal to TWO HUNDRED PERCENT (200 %) of the monthly installment of Rent payable for the last month of the Term and shall be without prejudice to the Landlord’s right to re-enter and take possession of the Leased Premises and remove the Tenant there from without notice or indemnity to the Tenant and without prejudice to the Landlord’s other recourses hereunder or by law.
Overholding - No Tacit Renewal. Tenant agrees to give written notice to Landlord of its intention to vacate the Premises at the expiry of the Term at least twelve (12) months prior to the said expiry. In default of such notice by Tenant, Landlord shall have the right to renew this Lease for a further period of twelve (12) months under the same terms and conditions of the lease in force on the date of termination, with the exception that the Gross Rent payable with respect to the last Rental Year immediately preceding the renewal shall be increased by fifty percent (50%), provided the Landlord gives written notice of such renewal to Tenant at least thirty (30) days before the expiry of the Term. If neither of the above notices is given, this Lease shall terminate on the expiry of the Term, and any continued occupation of the Premises by Tenant after the termination date shall be presumed to be against the will of Landlord and shall not have the effect of extending or renewing this Lease for any period of time and there will be no tacit renewal of this Lease, notwithstanding Article 1879 of the Civil Code of Quebec or other legislation. Landlord may hold the Tenant responsible for all damages suffered by the Landlord as a result of such holding over and charge occupation rent to Tenant and the Tenant shall indemnify, hold harmless and defend Landlord from all claims made by a successor tenant resulting from Landlord's delay in delivering possession of the Premises to such successor tenant or Landlord may consider the Tenant as a tenant month to month at a monthly Gross Rent payable in advance on the first day of each month equal to twice the amount of Gross Rent for the last month of the Term and otherwise upon the same terms and conditions as are in this Lease as far as they apply to a monthly tenancy including the payment of Rent. Nothing herein contained shall be deemed to waive any right Lessor may have to recover possession of the Premises upon the expiration or earlier termination of the Term of this Lease or any renewal thereof.
Overholding - No Tacit Renewal. It is the Landlord's policy not to permit tenants to overhold. If the Tenant nevertheless remains in possession of the Premises after the end of the Term with the consent of the Landlord but has not executed and delivered a new lease, there shall be no tacit renewal of this Lease or the Term, notwithstanding any statutory provisions or legal presumption to the contrary, and the Tenant shall be deemed to be occupying the Premises as a tenant from month to month at a monthly Minimum Rent payable in advance on the first day of each month equal to the monthly amount of Minimum Rent payable during the last month of the Term and otherwise upon the same terms, covenants and conditions as are set forth in this Lease insofar as these are applicable to a monthly tenancy but, for greater certainty, including liability for all Additional Rent.
Overholding - No Tacit Renewal. If the Tenant remains in possession of the Leased Premises after the Term, there is no tacit renewal of this Lease despite anything to the contrary, and the Tenant will occupy the Leased Premises as a month to month tenant. The monthly Minimum Rent, payable in advance on the first day of each month, will be equal to the total of: (a) the monthly amount of Minimum Rent for the last month of the Term; (b) one-twelfth (1/12th) of the amount of Percentage Rent payable by the Tenant in the last full twelve (12) month Lease Year; and (b) one-twelfth (1/12th) of the amount of Additional Rent payable by the Tenant in the last full twelve (12)
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Overholding - No Tacit Renewal. If the Lessee remains in possession of the Premises after the end of the term of this Agreement without having signed a new lease or an extension of Term agreement, there is no tacit renewal of this Lease or the Term, notwithstanding any statutory provisions or legal presumptions to the contrary, and the Lessee will be deemed to be occupying the Premises as a Lessee from month-to-month at a monthly Rent equal to twice the monthly amount of Rent payable during the last month of the Term, and otherwise, upon the same terms, covenants and conditions as are set forth in this Lease so far as these are applicable to a monthly tenancy.
Overholding - No Tacit Renewal. If the Tenant remains in possession of the Premises after the Term with the consent of the Landlord but without executing a new lease, there is no tacit renewal of this Lease despite any statutory provision or legal presumption to the contrary. The Tenant will occupy the Premises on a month-to-month basis only on the same terms and conditions set out in this Lease except for any right of extension or renewal and except that the rate per square foot of Basic Rent shall be equal to one hundred and fifty percent (150%) of the rate per square foot of Basic Rent which was payable by the Tenant as at the last day of the Term.
Overholding - No Tacit Renewal. If the Tenant remains in possession of the Premises after the Term with the consent of the Landlord but without executing a new lease, there is no tacit renewal of this Lease despite any statutory provision or legal presumption to the contrary. The Tenant will occupy the Premises on a month-to-month basis only on the same terms and conditions set out in this Lease except for any right of extension or renewal and except that the Semi-Gross Rent shall be equal to one hundred and fifty percent (150%) of the Semi-Gross Rent which was payable by the Tenant as at the last day of the Term.
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