Common use of Surrender; Holdover Clause in Contracts

Surrender; Holdover. At the end of the Term or upon termination of this Lease, whichever first occurs, Tenant shall quit and surrender possession of the Premises to Landlord vacant and broom clean. If Tenant remains in possession of the Premises after the end of the Term, then Tenant shall be deemed to be a tenant from month to month only, under all of the same terms and conditions of this Lease then in effect, except as to the duration of the Term.

Appears in 7 contracts

Samples: Lease (Tvi Corp), Lease Agreement (Colony Bankcorp Inc), Lease Agreement (Colonial Commercial Corp)

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