Common use of Surrender and Holding Over Clause in Contracts

Surrender and Holding Over. Upon the expiration of this Lease by lapse of time, termination or otherwise, Tenant shall deliver up and surrender to Landlord possession of the Leased Premises in as good condition and repair as at the commencement of the Term hereof, ordinary wear and tear excepted. Should Tenant remain in possession of the Leased Premises after the termination of this Lease without the consent of the Landlord, tenancy shall convert to a month to month tenancy on the same terms as provided in the Lease except that Rent shall be paid in an amount equal to one hundred twenty-five (125%) of the Base Rent most recently due; and such holdover shall not exceed a period of one hundred eighty (180) days.

Surrender and Holding Over. Upon the expiration of this Lease by lapse of time, termination or otherwise, Tenant Xxxxxx shall deliver up and surrender to Landlord possession of the Leased Premises in as good condition and repair as at the commencement of the Term hereof, ordinary wear and tear excepted. Should Tenant remain in possession of the Leased Premises after the termination of this Lease without the consent of the Landlord, tenancy shall convert to a month to month tenancy on the same terms as provided in the Lease except that Rent shall be paid in an amount equal to one hundred twenty-five (125%) of the Base Rent most recently due; and such holdover shall not exceed a period of one hundred eighty (180) days.

Surrender and Holding Over. Upon the expiration of this Lease by lapse of time, termination or otherwise, Tenant Xxxxxx shall deliver up and surrender to Landlord possession of the Leased Premises in as good condition and repair as at the commencement of the Term hereof, ordinary wear and tear excepted. Should Tenant remain in possession of the Leased Premises after the termination of this Lease without the consent of the Landlord, tenancy shall convert to a month to month tenancy on the same terms as provided in the Lease except that Rent shall be paid in an amount equal to one hundred twenty-five percent (125%) of the Base Rent most recently due; and such holdover shall not exceed a period of one hundred eighty (180) days.