Common use of Termination of Term Clause in Contracts

Termination of Term. (a) It is agreed that the term of this Lease shall expire and terminate at the end of the original term hereof (or at the expiration of the last renewal term, if this Lease contains a renewal option and the same is properly exercised), without the necessity of any notice by or to any of the parties hereto, unless otherwise provided herein. If Tenant shall occupy the Premises after such expiration or termination, it is understood that Tenant shall hold the Premises as a tenant from month-to-month, subject to all the other terms and conditions of this Lease, at an amount equal to one hundred fifty percent (150%) of the highest monthly rental installment reserved in this Lease, plus all additional rent required under this Lease. Landlord shall, upon such expiration or termination of this Lease, be entitled to the benefit of all public general or local laws relating to the speedy recovery of possession of lands and tenements held over by tenants that may be now in force or may hereafter be enacted.

Termination of Term. (a) It is agreed that the term of this Lease shall expire and terminate at the end of the original term hereof (or at the expiration of the last renewal term, if this Lease contains a renewal option and the same is properly exercised), without the necessity of any notice by or to any of the parties hereto, unless otherwise provided herein. If Tenant shall occupy the Premises premises after such expiration or termination, it is understood that Tenant shall hold the Premises premises as a tenant from month-to-month, subject to all the other terms and conditions of this Lease, at an amount equal to one hundred fifty percent (150%) of times the highest then current monthly rental installment reserved in this Lease, plus all additional rent required under this Lease. Landlord shall, upon such expiration or termination of this Lease, be entitled to the benefit of all public general or local laws relating to the speedy recovery of possession of lands and tenements held over by tenants Tenants that may be now in force or may hereafter be enacted.

Termination of Term. (a) It is agreed that the term of this Lease shall expire and terminate at the end of the original term hereof (or at the expiration of the last renewal term, if this Lease contains a renewal option and the same is properly exercised), without the necessity of any notice by or to any of the parties hereto, unless otherwise provided herein. If Tenant shall occupy the Premises premises after such expiration or termination, it is understood that Tenant shall hold the Premises premises as a tenant Tenant from month-to-month, subject to all the other terms and conditions of this Lease, at an amount equal to one hundred fifty percent (150%) of times the highest monthly rental installment reserved in this Lease, plus all additional rent required under this Lease. Landlord shall, upon such expiration or termination of this Lease, be entitled to the benefit of all public general or local laws relating to the speedy recovery of possession of lands and tenements held over by tenants that may be now in force or may hereafter be enacted.