Common use of Tenant Holdover Clause in Contracts

Tenant Holdover. If Tenant continues to remain in the Premises after the termination or expiration of the Term, then and in that event Tenant will become a tenant by the month at 125% of the Base Rent per month payable for the last month before the expiration or termination of the Term plus all Additional Rent that may be incurred during any such holdover, but in no event less than the then market rent for the Premises. Holdover Rent will commence with the first day following the end of the Term. During any holdover, each party must give the other at least thirty (30) days written notice to quit the Premises, except in the event of any default by Tenant, in which event Tenant will not be entitled to any notice to quit, the usual thirty (30) days' notice to quit being hereby expressly waived; provided, however, that if Tenant holds over after the expiration of the Term hereby created, and if Landlord desires to regain possession of the Premises promptly at 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. Tenant shall not use force majeure as an excuse for any holding over.

Tenant Holdover. If Tenant continues to remain in the Premises after the termination or expiration of the Term, then and in that event Tenant will become a tenant by the month at 125% of the Base Rent per month payable for the last month before the expiration or termination of the Term plus all Additional Rent that may be incurred during any such holdover, but in no event less than the then market rent for the Premises. Holdover Rent will commence with the first day following the end of the Term. During any holdover, each party must give the other at least thirty (30) days written notice to quit the Premises, except in the event of any default by Tenant, in which event Tenant will not be entitled to any notice to quit, the usual thirty (30) days' notice to quit being hereby expressly waived; providedPROVIDED, howeverHOWEVER, that if Tenant holds over after the expiration of the Term hereby created, and if Landlord desires to regain possession of the Premises promptly at 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. Tenant shall not use force majeure FORCE MAJEURE as an excuse for any holding over.

Tenant Holdover. If Tenant continues to remain in the Premises after the termination or expiration of the Term, then and in that event Tenant will become a tenant by the month at 125% of the Base Rent per month payable for the last month before the expiration or termination of the Term plus all Additional Rent that may be incurred during any such holdover, but in no event less than the then market rent for the Premises. Holdover Rent will commence with the first day following the end of the Term. During any holdover, each party must give the other at least thirty (30) days written notice to quit the Premises, except in the event of any default by Tenant, in which event Tenant will not be entitled to any notice to quit, the usual thirty (30) days' notice to quit being hereby expressly waived; provided, however, that if Tenant holds over after the expiration of the Term hereby created, and if Landlord desires to regain possession of the Premises promptly at 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. Tenant shall not use force majeure as an excuse for any holding over.

Tenant Holdover. If Tenant continues to remain in the Premises after the termination or expiration of the Term, then and in that event Tenant will become a tenant by the month at 125% of the Base Rent per month payable for the last month before the expiration or termination of the Term plus all Additional Rent that may be incurred during any such holdover, but in no event less than the then market rent for the Premises. Holdover Rent will commence with the first day following the end of the Term. During any holdover, each party must give the other at least thirty (30) days written notice to quit the Premises, except in the event of any default by Tenant, in which event Tenant will not be entitled to any notice to quit, the usual thirty (30) days' notice to quit being hereby expressly waived; providedPROVIDED, howeverHOWEVER, that if Tenant holds over after the expiration of the Term hereby created, and if Landlord desires to regain possession of the Premises promptly at 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. Tenant shall not use force majeure FORCE MAJEURE as an excuse for any holding over.