Common use of Tenant Holdover Clause in Contracts

Tenant Holdover. In the event that Tenant shall not immediately surrender the Premises on the Expiration Date of the Term, Tenant, at the option of Landlord, shall become a month-to-month Tenant at one hundred fifty percent (150%) of the Rent in effect during the last month of the Term and subject to all of the terms, conditions, covenants and agreements of this Lease; provided, however, that if Landlord has executed a lease for space in the Building, then Tenant shall be obligated to pay Landlord twice the Rent in effect during the last month of the Term. Tenant shall give to Landlord at least thirty (30) days' written notice of any intention to quit the Premises, and Tenant shall be entitled to thirty (30) days' written notice to quit the Premises, unless Tenant is in Default hereunder, in which event Tenant shall not be entitled to any notice to quit, the usual thirty (30) days' written notice to quit being hereby expressly waived. Notwithstanding the foregoing provisions of this Section, in the event that Tenant shall hold over after the expiration of the Term, then at any time prior to Landlord's acceptance of Rent from Tenant as a monthly Tenant hereunder, Landlord, at its option, may forthwith re-enter and take possession of the Premises without process, or by any legal process in force in the Commonwealth of Virginia. Tenant shall be liable to Landlord for all damage which Landlord suffers because of any holding over by Tenant, and Tenant shall indemnify Landlord against all claims made against Landlord resulting from Landlord's delay in delivering possession of the Premises to any other tenant or prospective tenant.

Tenant Holdover. In the event that Tenant shall not immediately surrender all of the Premises on the Expiration Date of the Term, Tenant, at the option of Landlord, shall become a month-to-month Tenant for the entire Premises at one hundred fifty percent (150%) % of the total Rent ("Holdover Rent") in effect during the last month of the Term and subject to all of the terms, conditions, covenants and agreements of this Lease; provided, however, that if . Such Holdover Rent shall be Landlord's sole remedy for any damages Landlord has suffers as a result of or arising in connection with Tenant's holding over unless Landlord and another tenant have executed a lease for space all or a portion of the Premises to commence immediately after the Expiration Date and Landlord has so notified Tenant within thirty (30) days after execution of said lease by a third party and, in all events, no later than thirty (30) days before the BuildingExpiration Date in which event Tenant in addition to Holdover Rent described above, then Tenant shall be obligated to pay Landlord twice responsible for damages resulting from its holdover in that portion of the Rent in effect Premises covered by Landlord's notice. In addition, during the last month of the Term. holdover period, if Landlord gives Tenant shall give to Landlord at least thirty (30) days' written days notice that a new tenant has entered into a lease for all or a portion of any intention to quit the Premises, and then Tenant shall be entitled to thirty (30) days' written notice to quit the Premises, unless Tenant is responsible for all damages resulting from Tenant's holdover in Default hereunder, in which event Tenant shall not be entitled to any notice to quit, the usual thirty (30) days' written notice to quit being hereby expressly waived. Notwithstanding the foregoing provisions of this Section, in the event that Tenant shall hold over after the expiration of the Term, then at any time prior to Landlord's acceptance of Rent from Tenant as a monthly Tenant hereunder, Landlord, at its option, may forthwith re-enter and take possession portion of the Premises without process, or covered by any legal process in force in the Commonwealth of Virginia. Tenant shall be liable to Landlord for all damage which Landlord suffers because of any holding over by Tenant, and Tenant shall indemnify Landlord against all claims made against Landlord resulting from Landlord's delay notice from the thirtieth (30th) day after such notice in delivering possession of the Premises addition to any other tenant or prospective tenantHoldover Rent.

Tenant Holdover. In If, (i) Tenant’s occupancy of the event that Premises continues beyond the Expiration Date or the earlier termination of this Lease (a “Holdover Period”), or (ii) Tenant shall not immediately fails to surrender the Premises to Landlord and fails to remove and restore as required by this Lease at the end of the Term or earlier termination of this Lease, then the time taken for Landlord to take possession and effect such surrender and restoration shall be deemed a holdover by Tenant for the Holdover Period on the Expiration Date of the Term, Tenant, at the option of Landlord, following terms: Tenant shall become be then deemed a month-to-month month, tenant-at-will and otherwise on the same terms and conditions and including the same Tenant’s payment and performance obligations as applicable immediately prior thereto; Tenant’s payment obligations for a Holdover Period shall include, without limitation, Yearly Fixed Rent and Additional Rent payable monthly in advance, Tenant shall be responsible for the same surrender provisions as applicable at one hundred fifty percent (150%) the end of the Rent in effect during the last month of the Term Term, and subject to all of the terms, conditions, covenants and agreements of this Lease; provided, however, that if Landlord has executed a lease for space in the Building, then Tenant shall be obligated to pay such increases in monthly Fixed Rent as Landlord twice gives Tenant at least seven (7) days prior written notice. Notwithstanding the Rent foregoing, if Landlord has not agreed in effect during writing in advance to a Holdover Period, Tenant’s continued possession shall be as an unauthorized licensee at 150% of the last month of prior Fixed Rent for the Termfirst sixty (60) days and 200% thereafter. Tenant shall give to Landlord at least thirty (30) days' written notice of any intention to quit the Premises, and Tenant shall be entitled to thirty (30) days' written notice to quit the Premises, unless Tenant is in Default hereunder, in which event Tenant The foregoing shall not be entitled construed to obligate Landlord to make available any notice holdover rights to quit, Tenant initially or thereafter on a continuing basis subsequent to the usual thirty (30) days' written notice to quit being hereby expressly waived. Notwithstanding the foregoing provisions Expiration Date or earlier termination of this Section, in the event that Tenant shall hold over after the expiration of the Term, then at any time prior to Landlord's acceptance of Rent from Tenant as a monthly Tenant hereunder, Landlord, at its option, may forthwith re-enter and take possession of the Premises without process, or by any legal process in force in the Commonwealth of Virginia. Tenant shall be liable to Landlord for all damage which Landlord suffers because of any holding over by Tenant, and Tenant shall indemnify Landlord against all claims made against Landlord resulting from Landlord's delay in delivering possession of the Premises to any other tenant or prospective tenantLease.

Tenant Holdover. In To upon the event that Tenant shall not immediately expiration or earlier termination of the term of this Lease, quit and surrender the entire Premises on to Landlord in the Expiration Date condition described in this Lease. Any holding over by the Tenant after the expiration or earlier termination of the Term, TenantTerm shall be treated as a tenancy at sufferance, at the option Rent set forth below, and otherwise on the terms and conditions of Landlordthis Lease. For the period of such unauthorized occupancy, Tenant shall become a month-to-month Tenant at pay to Landlord (a) one hundred fifty percent (150%) of the total of the Base Rent and Additional Rent with respect to the 18 Cxxxxx Premises and/or the 14 Cxxxxx Premises, as applicable, in effect during the last month of the Term of this Lease for the first three (3) months or portion thereof and subject to all (b) two hundred percent (200%) of the termstotal of the Base Rent and Additional Rent with respect to the 18 Cxxxxx Premises and/or the 14 Cxxxxx Premises, conditionsas applicable, covenants and agreements of this Lease; provided, however, that if Landlord has executed a lease for space in the Building, then Tenant shall be obligated to pay Landlord twice the Rent in effect during the last month of the TermTerm of this Lease for any subsequent months in which Tenant shall retain possession of either the 18 Cxxxxx Premises and/or the 14 Cxxxxx Premises, as applicable, or any part thereof after the termination of this Lease, whether by lapse of time or otherwise. Tenant shall give to also pay all damages sustained by Landlord at least on account thereof; provided, however, that Tenant shall only be liable for consequential damages hereunder if (i) Tenant has held over in the 18 Cxxxxx Premises and/or the 14 Cxxxxx Premises, as applicable, for more than thirty (30) days' written notice of any intention to quit the Premises, and (ii) Landlord has provided Tenant shall be entitled to with thirty (30) days' days written notice that it will be expecting Tenant to quit be responsible for any such consequential damages in connection with such holdover. For the Premisespurposes of clarity, unless Tenant is in Default hereunder, in which event Tenant shall not be entitled have no right to occupy all or any notice to quit, part of the usual thirty (30) days' written notice to quit being hereby expressly waivedPremises after the expiration or earlier termination of this Lease. Notwithstanding the foregoing The provisions of this Section, in the event that Tenant subsection shall hold over after the expiration of the Term, then at any time prior to Landlord's acceptance of Rent from Tenant not operate as a monthly Tenant hereunder, Landlord, at its option, may forthwith waiver by Landlord on the right of re-enter and take possession of the Premises without process, entry provided in this Lease or by any legal process in force in the Commonwealth of Virginia. Tenant shall be liable to Landlord for all damage which Landlord suffers because of any holding over by Tenant, and Tenant shall indemnify Landlord against all claims made against Landlord resulting from Landlord's delay in delivering possession of the Premises to any other tenant or prospective tenantstatute.

Tenant Holdover. In 26.1. This Lease shall terminate on the event Lease Expiration Date pursuant to the terms of this Lease without the necessity of notice from either Landlord or Tenant. Any holding over by Tenant after the Lease Expiration Date without Landlord's written consent as provided in Section 26.2 shall be an unlawful detainer and Tenant shall be subject to immediate eviction. During such hold over, all the terms and conditions set forth in this Lease shall apply except that Tenant shall not immediately surrender pay to Landlord for its use and occupancy of the Premises on the Expiration Date of the Term, Tenant, at the option of Landlord, shall become a month-to-month Tenant at an amount (“Holdover Fee”) equal to one hundred fifty percent (150%) of the Basic Annual Rent in effect during the last month of the Term for the first sixty (60) days of holdover, and subject to all two hundred percent (200%) of the terms, conditions, covenants and agreements of this Lease; provided, however, that if Landlord has executed a lease for space in the Building, then Tenant shall be obligated to pay Landlord twice the Basic Annual Rent in effect during the last month of the TermTerm for any holdover thereafter. Tenant The Holdover Fee shall give be prorated based on the number of days following the Lease Expiration Date. In addition to paying to Landlord at least thirty (30) days' written notice the Holdover Fee, if Xxxxxx fails to surrender and vacate the Premises on the Lease Expiration Date, Landlord may simultaneously collect the Holdover Fee and pursue any and all remedies against Tenant to regain possession of the Premises and without prejudice to Landlord’s right to recover possession, including any intention to quit the Premisesconsequential damage, and Xxxxxx’s payment of the Holdover Fee shall not be deemed to permit Tenant shall be entitled to thirty (30) days' written notice to quit retain possession of the PremisesPremises after the Lease Expiration Date or other termination of the Lease; provided, unless Tenant is in Default hereunderhowever, in which event Tenant shall not be entitled responsible for consequential damages or claims made by any new tenant under a fully executed lease, unless and then only to any notice to quit, the usual thirty (30) days' written notice to quit being hereby expressly waived. Notwithstanding the foregoing provisions of this Sectionextent Landlord has notified Tenant, in the event that Tenant shall hold over after the expiration reasonable specificity, of the Term, then at any time prior potential for it to Landlord's acceptance of Rent from Tenant as a monthly Tenant hereunder, Landlord, at its option, may forthwith re-enter incur such damages and take possession of the Premises without process, or by any legal process in force in the Commonwealth of Virginia. Tenant shall be liable to Landlord for all damage which Landlord suffers because of any holding over by Tenant, and Tenant shall indemnify Landlord against all claims made against Landlord resulting from Landlord's delay in delivering possession of the Premises to any other tenant or prospective tenantclaims.

Tenant Holdover. In the event that Tenant shall not immediately surrender hold over in the Premises after the expiration or sooner termination of the Lease Term without the express prior written consent of Landlord. Tenant shall indemnify Landlord for, and hold Landlord harmless from and against, any and all Liabilities arising out of or in connection with any delay by Tenant in surrendering and vacating the Premises, including, without limitation, any claims made by any succeeding tenant based on any delay and any Liabilities arising out of or in connection with these claims. If possession of the Premises is not surrendered to Landlord on the Expiration Date expiration or sooner termination of the Lease Term, Tenantin addition to any other rights and remedies of Landlord hereunder or at law or in equity, at Tenant shall pay to Landlord for each month or portion thereof during which Tenant holds over in the option Premises a sum equal to, for the first (1st) month of Landlordsuch holdover, shall become a monthone hundred twenty-to-five percent (125%) of the Monthly Rent then payable and, after the first (1st) month Tenant at of such holdover, one hundred fifty percent (150%) of such Monthly Rent, in addition to all other additional rent payable under this Lease. If any tenancy is created by Tenant’s holding over in the Rent in effect during Premises, the last month of the Term and subject to tenancy shall be on all of the terms, conditions, covenants terms and agreements conditions of this Lease; provided, however, except that if Landlord has executed a lease for space in the Building, then Tenant Monthly Rent shall be obligated to pay Landlord twice increased as set forth above and the Rent in effect during the last month of the Term. Tenant shall give to Landlord at least thirty (30) days' written notice of any intention to quit the Premises, and Tenant tenancy shall be entitled a month-to-month tenancy. Except as provided in Section 21.2, below, nothing in this Article 21 shall be deemed to thirty (30) days' written notice permit Tenant to quit the Premises, unless Tenant is in Default hereunder, in which event Tenant shall not be entitled to any notice to quit, the usual thirty (30) days' written notice to quit being hereby expressly waived. Notwithstanding the foregoing provisions of this Section, in the event that Tenant shall hold over after the expiration of the Term, then at any time prior to Landlord's acceptance of Rent from Tenant as a monthly Tenant hereunder, Landlord, at its option, may forthwith re-enter and take retain possession of the Premises without process, after the expiration or by any legal process in force in the Commonwealth of Virginia. Tenant shall be liable to Landlord for all damage which Landlord suffers because of any holding over by Tenant, and Tenant shall indemnify Landlord against all claims made against Landlord resulting from Landlord's delay in delivering possession sooner termination of the Premises to any other tenant or prospective tenantLease Term.

Tenant Holdover. In 26.1. This Lease shall terminate on the event Lease Expiration Date pursuant to the terms of this Lease without the necessity of notice from either Landlord or Tenant. Any holding over by Tenant after the Lease Expiration Date without Landlord’s written consent as provided in Section 26.2 shall be an unlawful detainer and Tenant shall be subject to immediate eviction. During such hold over, all the terms and conditions set forth in this Lease shall apply except that Tenant shall not immediately surrender pay to Landlord Basic Annual Rent equal to twice the Premises on the Expiration Date of the Term, Tenant, at the option of Landlord, shall become a month-to-month Tenant at one hundred fifty percent (150%) of the Basic Annual Rent in effect during the last month of the Lease Term (“Hold Over Fee”). In addition to paying to Landlord the Hold Over Fee, if Tenant fails to surrender and subject to vacate the Premises on the Lease Expiration Date, Tenant shall indemnify and hold Landlord harmless from and against any and all loss, liability, damages and expenses (including without limitation, attorneys’ fees, the costs of investigation and settlement of any claims) sustained or incurred by Landlord on account of or resulting from such failure, including, without limitation, claims made by any succeeding tenant of all or any part of the terms, conditions, covenants and agreements of this Lease; provided, however, that if Premises or the loss by Landlord has executed a lease for space in the Building, then Tenant shall be obligated to pay Landlord twice the Rent in effect during the last month of the Term. Tenant shall give to Landlord at least thirty (30) days' written notice rent from any succeeding tenant of all or any intention to quit part of the Premises, Landlord may simultaneously collect the Hold Over Fee and pursue any and all remedies against Tenant shall be entitled to thirty (30) days' written notice to quit the Premises, unless Tenant is in Default hereunder, in which event Tenant shall not be entitled to any notice to quit, the usual thirty (30) days' written notice to quit being hereby expressly waived. Notwithstanding the foregoing provisions of this Section, in the event that Tenant shall hold over after the expiration of the Term, then at any time prior to Landlord's acceptance of Rent from Tenant as a monthly Tenant hereunder, Landlord, at its option, may forthwith re-enter and take regain possession of the Premises and without process, or by any legal process in force in the Commonwealth of Virginia. Tenant shall be liable prejudice to Landlord for all damage which Landlord suffers because of any holding over by TenantLandlord’s right to recover possession, and Tenant’s payment of the Holdover Fee shall not be deemed to permit Tenant shall indemnify Landlord against all claims made against Landlord resulting from Landlord's delay in delivering to retain possession of the Premises to any after the Lease Expiration Date or other tenant or prospective tenanttermination of the Lease.

Tenant Holdover. In the event that Tenant shall not immediately surrender the Premises on the Expiration Date of the Term, Tenant, at the option of Landlord, shall become a month-to-month Tenant at one hundred fifty percent (150%) of the Rent in effect during the last month of the Term and subject to all of the terms, conditions, covenants and agreements of this Lease; provided, however, that if Landlord has executed a lease for space in the Building, then Tenant shall be obligated to pay Landlord twice the Rent in effect during the last month of the Term. Tenant shall give to Landlord at least thirty (30) days' written notice of any intention to quit the PremisesPremises during any such holdover tenancy, and Tenant shall be entitled to thirty (30) days' written notice to quit the PremisesPremises during any such holdover tenancy, unless Tenant is in Default hereunder, in which event Tenant shall not be entitled to any notice to quit, the usual thirty (30) days' written notice to quit being hereby expressly waived. Notwithstanding the foregoing provisions of this Section, in the event that Tenant shall hold over after the expiration of the Term, then at any time prior to Landlord's acceptance of Rent from Tenant as a monthly Tenant hereunder, Landlord, at its option, may forthwith re-enter and take possession of the Premises without process, or by any legal process in force in the Commonwealth of Virginia. Tenant shall be liable to Landlord for all damage which Landlord suffers because of any holding over by Tenant, and Tenant shall indemnify Landlord against all claims made against Landlord resulting from Landlord's delay in delivering possession of the Premises to any other tenant Tenant or prospective tenantTenant.

Tenant Holdover. In If the event that Tenant shall not immediately surrender shall, with the Premises on the Expiration Date knowledge and written consent of the TermLandlord, Tenantcontinue to remain in the demised premises after the expiration of the term of this Lease, then and in that event, Tenant shall, by virtue of this agreement become a tenant by the month at the option of Landlordmaximum monthly rental payable (as specified in Paragraph 3, shall become a month-to-month Tenant at one hundred fifty percent (150%herein) of the Rent in effect during the last month of the Term and subject to all immediately preceding expired term hereof, commencing said monthly tenancy with the first day next after the end of the terms, conditions, covenants term above demised; and agreements of this Lease; provided, however, that if Landlord has executed a lease for space in the Building, then Tenant shall be obligated to pay Landlord twice the Rent in effect during the last month of the Term. said Tenant shall give to the Landlord at least thirty (30) days' written notice of any intention to quit the Premisesdemised premises, and Tenant shall be entitled to thirty (30) days' written notice to quit quite the Premisesdemised premises, unless Tenant is except in Default hereunderthe event of nonpayment of rent in advance or of the breach of any other covenant by the said Tenant, in which event the said Tenant shall not be entitled to any notice to quit, the usual statutory thirty (30) days' written notice and all other notices to quit being hereby expressly waived. Notwithstanding the foregoing provisions of this Section; provided, however, that in the event that the Tenant shall hold over after the expiration of the Termterm hereby created, and if the Landlord shall desire to regain possession of the demised premises promptly at the expiration of the term aforesaid, then at any time prior to Landlord's acceptance of Rent rent from the Tenant as a monthly Tenant tenant hereunder, the Landlord, at its Landlord's option, may forthwith re-enter and take possession of the Premises demised premises without process, or by any legal process in force in force. Notwithstanding the Commonwealth of Virginia. Tenant shall be liable to Landlord for all damage which Landlord suffers because of any holding over by Tenant, and Tenant shall indemnify Landlord against all claims made against Landlord resulting from Landlord's delay in delivering possession of the Premises to any other tenant or prospective tenant.foregoing,

Tenant Holdover. In If, (i) Tenant’s occupancy of the event that Premises continues beyond the Expiration Date or the earlier termination of this Lease (a “Holdover Period”), or (ii) Tenant shall not immediately fails to surrender the Premises to Landlord and fails to remove and restore as required by this Lease at the end of the Term or earlier termination of this Lease, then the time taken for Landlord to take possession and effect such surrender and restoration shall be deemed a holdover by Tenant for the Holdover Period on the Expiration Date of the Term, Tenant, at the option of Landlord, following terms: Tenant shall become be then deemed a month-to-month month, tenant-at-will and otherwise on the same terms and conditions and including the same Tenant’s payment and performance obligations as applicable immediately prior thereto; Tenant’s payment obligations for a Holdover Period shall include, without limitation, Yearly Fixed Rent and Additional Rent payable monthly in advance, Tenant shall be responsible for the same surrender provisions as applicable at one hundred fifty percent (150%) the end of the Rent in effect during the last month of the Term Term, and subject to all of the terms, conditions, covenants and agreements of this Lease; provided, however, that if Landlord has executed a lease for space in the Building, then Tenant shall be obligated to pay such increases in monthly Fixed Rent as Landlord twice gives Tenant at least seven (7) days prior written notice. Notwithstanding the Rent foregoing, if Landlord has not agreed in effect during writing in advance to a Holdover Period, Xxxxxx’s continued possession shall be as an unauthorized licensee at 150% of the last month of prior Fixed Rent for the Termfirst sixty (60) days and 200% thereafter. Tenant shall give to Landlord at least thirty (30) days' written notice of any intention to quit the Premises, and Tenant shall be entitled to thirty (30) days' written notice to quit the Premises, unless Tenant is in Default hereunder, in which event Tenant The foregoing shall not be entitled construed to obligate Landlord to make available any notice holdover rights to quit, Tenant initially or thereafter on a continuing basis subsequent to the usual thirty (30) days' written notice to quit being hereby expressly waived. Notwithstanding the foregoing provisions Expiration Date or earlier termination of this Section, in the event that Tenant shall hold over after the expiration of the Term, then at any time prior to Landlord's acceptance of Rent from Tenant as a monthly Tenant hereunder, Landlord, at its option, may forthwith re-enter and take possession of the Premises without process, or by any legal process in force in the Commonwealth of Virginia. Tenant shall be liable to Landlord for all damage which Landlord suffers because of any holding over by Tenant, and Tenant shall indemnify Landlord against all claims made against Landlord resulting from Landlord's delay in delivering possession of the Premises to any other tenant or prospective tenantLease.