Common use of Tenancy at Sufferance Clause in Contracts

Tenancy at Sufferance. If, without the Landlord’s written consent, the Tenant remains in possession of the Premises after the expiration or other termination of the Term, the Tenant shall be deemed to be occupying the Premises upon a tenancy at sufferance only, at a monthly rental equal to two times the current Rent determined in accordance with Article 4. Such tenancy at sufferance may be terminated by the Landlord at any time by notice of termination to the Tenant on the last day of any calendar month upon thirty (30) days’ advance written notice.

Appears in 4 contracts

Samples: Lease of Industrial Space (Above Food Ingredients Inc.), Lease Agreement (Dirtt Environmental Solutions LTD), Lease of Office Space (Zymeworks Inc.)

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Tenancy at Sufferance. If, without the Landlord’s written consent, the Tenant remains in possession of the Premises after the expiration or other termination of the Term, the Tenant shall be deemed to be occupying the Premises upon a tenancy at sufferance only, at a monthly rental equal to two times the current Rent determined in accordance with Article 45. Such tenancy at sufferance may be terminated by the Landlord at any time by notice of termination to the Tenant and by the Tenant on the last day of any calendar month upon thirty (30) days’ by at least 30 days advance written noticenotice of termination to the Landlord.

Appears in 2 contracts

Samples: Office Lease (Adven Inc.), Office Lease (Adven Inc.)

Tenancy at Sufferance. If, without the Landlord’s written consent, the Tenant remains in possession of the Premises after the expiration or other termination of the Term, the Tenant shall be deemed to be occupying the Premises upon a tenancy at sufferance only, at a monthly rental equal to two times the current Rent determined in accordance with Article 4. Such tenancy at sufferance may be terminated by the Landlord at any time by notice of termination to the Tenant and by the Tenant on the last day of any calendar month upon by at least thirty (30) days’ advance written noticenotice of termination to the Landlord.

Appears in 2 contracts

Samples: Lease of Industrial Space (Lululemon Corp.), Office Lease (Lululemon Corp.)

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Tenancy at Sufferance. If, If without the Landlord’s written consent, the consent Tenant remains in possession of the Premises after the expiration or other termination of the Term, the Tenant shall be deemed to be occupying the Premises upon a tenancy at sufferance only, at a monthly rental equal to two 1.25 times the current Annual Rent then in effect as determined in accordance with Article 44.01. Such tenancy at sufferance may be terminated by the Landlord at any time by notice of termination to the Tenant, and by Tenant on the last day of any calendar month upon thirty (30) by at least 30 days’ advance written noticenotice of termination to Landlord.

Appears in 1 contract

Samples: Lease Agreement (KBS Real Estate Investment Trust III, Inc.)

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