RENT INCREASE. Should Tenant hold over after the termination of this Lease, whether the termination occurs by lapse of time or otherwise, Tenant shall become a tenant from day-to-day upon each and all of the terms herein provided as may be applicable to such a tenancy, and any such tenancy shall not constitute an extension of this Lease; provided, however, during the period as a tenant from day-to-day, Tenant shall pay Base Rent at 120% the rate payable for the month immediately preceding the date of termination of this Lease for the first two (2) holdover months and 140% the rate payable for the month immediately preceding the date of termination of this Lease for the balance of the holdover months and, in addition, Tenant shall reimburse Landlord for all damages (consequential, as well as direct), of which Landlord has given prior notice to Tenant, sustained by it by reason of Tenant’s occupying the Premises past the termination date. Alternatively, at the election of Landlord and expressed in a written notice to Tenant and not otherwise, the retention of possession past the termination date shall constitute a month-to-month tenancy upon each and all of the terms of this Lease as may be applicable to a month-to-month tenancy. The provisions of this paragraph shall not exclude nor waive Landlord’s right of re-entry or any other right hereunder.
Appears in 4 contracts
Samples: Lease Agreement (Solta Medical Inc), Lease Agreement (Sound Surgical Technologies Inc.), Lease Agreement (Sound Surgical Technologies Inc.)
RENT INCREASE. Should Tenant hold over after the termination of this Lease, whether on account of a Tenant Event of Default which is not timely cured, or if Tenant holds over at the termination occurs by lapse expiration of time or otherwisethis Lease for more than one-hundred twenty (120) days after receipt of Landlord's written notice to vacate, Tenant shall become a tenant from day-to-day upon each and all of the terms herein provided as may be applicable to such a tenancy, and any such tenancy shall not constitute an extension of this Lease; provided, however, during the period as a tenant from day-to-day, Tenant shall pay Base Rent at 120125% the rate payable for the month immediately preceding the date of termination of this Lease for the first two (2) holdover months and 140% the rate payable for the month immediately preceding the date of termination of this Lease for the balance of the holdover months and, in addition, Tenant shall reimburse Landlord for all damages (consequential, as well as direct), of which Landlord has given prior notice to Tenant, ) sustained by it by reason of Tenant’s 's occupying the Premises past the termination date. Alternatively, at the election of unless Landlord and expressed in has provided Tenant with a written notice to Tenant and vacate not otherwiseless than one-hundred twenty (120) days prior to the expiration of this Lease, the retention of possession past the termination date shall constitute a month-to-month tenancy upon each and all of the terms of this Lease lease as may be applicable to a month-to-month tenancy. The provisions of this paragraph tenancy except that Tenant shall not exclude nor waive Landlord’s right of rebe entitled to a one-entry or any other right hereunderhundred twenty (120) day notice period prior to being required to vacate the Premises.
Appears in 2 contracts
Samples: Lease Agreement (Chaparral Network Storage Inc), Lease Agreement (Chaparral Network Storage Inc)
RENT INCREASE. Should Tenant hold over after the termination of this ------------- Lease, whether the termination occurs by lapse of time or otherwise, Tenant shall become a tenant from day-to-day upon each and all of the terms herein provided as may be applicable to such a tenancy, and any such tenancy shall not constitute an extension of this Lease; provided, however, during the period as a tenant from day-to-day, Tenant shall pay its pro rata Base Rent at 120% the rate payable for the month immediately preceding the date of termination of this Lease for the first two (2) holdover months and 140% the rate payable for the month immediately preceding the date of termination of this Lease for the balance of the holdover months and, in addition, Tenant shall reimburse Landlord for all direct damages (consequential, as well as direct), of which Landlord has given prior notice to Tenant, sustained by it by reason of Tenant’s 's occupying the Premises past the termination date. Alternatively, at the election of Landlord and expressed in a written notice to Tenant and not otherwise, the retention of possession past the termination date shall constitute a month-to-month tenancy upon each and all of the terms of this Lease as may be applicable to a month-to-month tenancy. The provisions of this paragraph shall not exclude nor waive Landlord’s 's right of re-re- entry or any other right hereunder.
Appears in 1 contract
Samples: Agreement of Understanding (Bi Inc)
RENT INCREASE. Should Tenant hold over after the termination of this Lease------------- Lease , whether the termination occurs by lapse of time or otherwise, Tenant shall become a tenant from day-to-day upon each and all of the terms herein provided as may be applicable to such a tenancy, and any such tenancy shall not constitute an extension of this Lease; provided, however, during the period as a tenant from day-to-day, Tenant shall pay Base Rent at 120% the rate payable for the month immediately preceding the date of termination of this Lease for the first two (2) holdover months and 140% the rate payable for the month immediately preceding the date of termination of this Lease for the balance of the holdover months and, in addition, Tenant shall reimburse Landlord for all damages (consequential, as well as direct), of which Landlord has given prior notice to Tenant, ) sustained by it by reason of Tenant’s 's occupying the Premises past the termination date. Alternatively, at the election of Landlord and expressed in a written notice to Tenant and not otherwise, the retention of possession past the termination date shall constitute a month-to-month tenancy upon each and all of the terms of this Lease as may be applicable to a month-to-to- month tenancy. The provisions of this paragraph shall not exclude nor waive Landlord’s 's right of re-entry or any other right hereunder.
Appears in 1 contract
Samples: Lease Agreement (Bi Inc)
RENT INCREASE. Should Tenant hold over after the termination of this Lease------------- Lease , whether the termination occurs by lapse of time or otherwise, Tenant shall become a tenant from day-to-day upon each and all of the terms herein provided as may be applicable to such a tenancy, and any such tenancy shall not constitute an extension of this Lease; provided, however, during the period as a tenant from day-to-day, Tenant shall pay Base Rent at 120% the rate payable for the month immediately preceding the date of termination of this Lease for the first two (2) holdover months and 140% the rate payable for the month immediately preceding the date of termination of this Lease for the balance of the holdover months and, in addition, Tenant shall reimburse Landlord for all damages (consequential, as well as direct), of which Landlord has given prior notice to Tenant, ) sustained by it by reason of Tenant’s 's occupying the Premises past the termination date. Alternatively, at the election of Landlord and expressed in a written notice to Tenant and not otherwise, the retention of possession past the termination date shall constitute a month-to-month tenancy upon each and all of the terms of this Lease as may be applicable to a month-to-month tenancy. The provisions of this paragraph shall not exclude nor waive Landlord’s 's right of re-entry or any other right hereunder.. SECTION 7 --------- BUILDING SERVICES -----------------
Appears in 1 contract
Samples: Lease Agreement (Bi Inc)