Common use of Overholding - No Tacit Renewal Clause in Contracts

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.

Overholding - No Tacit Renewal. If the Tenant remains in possession of the Leased Premises after the end of the Term without having signed executed and delivered a new lease or an extension of Term agreement, there is no tacit renewal of this Lease or the TermLease, notwithstanding any statutory provisions or legal presumptions presumption to the contrary, and the Tenant will be deemed to be occupying the Leased Premises as a tenant from month-to-month to month at a monthly Basic Rent equal to twice the monthly amount of Basic Rent payable during for the last month of the Term, Term calculated in accordance with Section 1.1(d) 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 Leased Premises after the end of the Term without having signed a new lease or an extension of Term 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 they are applicable to a monthly tenancy.

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 for in this Lease (including the payment of Additional Rent) so far as these they are applicable to a monthly tenancy.

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 one and one-half (1-1/2) times 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.