Without Landlord Consent. In the event that Tenant, without the consent of Landlord, shall hold over the expiration of the Term hereby created, then Tenant hereby waives all notice to quit and agrees to pay to Landlord for the period that Tenant is in possession after the expiration of this Lease, a monthly Rent which is one and one-half times the total Rent (Rent, as stipulated in Paragraph 2, above, plus Additional Rent) applicable to the last month of this Lease. Tenant expressly agrees to hold Landlord harmless from all loss and damages, direct and consequential, which Landlord may suffer in defense of claims by other parties against Landlord arising out of the holding over by Tenant, including without limitation attorneys' fees which may be incurred by Landlord in defense of such claims. Acceptance of Rent as defined by this paragraph by Landlord subsequent to the expiration of the Term of this Lease, shall not constitute consent to any holding over. Landlord shall have the right to apply all payments received after the expiration date of this Lease or any renewal thereof toward payment for use and occupancy of the premises subsequent to the expiration of the Term and toward any other sums owed by Tenant to Landlord. Landlord, at its option, may forthwith re-enter and take possession of said premises without process, or by any legal process in force. Notwithstanding the foregoing, Tenant's holdover without Landlord consent due to acts of God, riot, or war shall be at the total Rent applicable to the last month of the term for the duration of the condition (but not to exceed ten (10) days), but such continued occupancy shall not create any renewal of the Term of this Lease or a tenancy from year-to-year, and Tenant shall be liable for any loss and damages suffered by Landlord as described above.
Appears in 2 contracts
Samples: Development Agreement (Nz Corp), Development Agreement (Nz Corp)
Without Landlord Consent. In the event that Tenant, without the written consent of Landlord, shall hold over beyond the expiration of the Term hereby createdLease Term, then Tenant hereby waives all notice to quit and agrees to pay to Landlord for the period that Tenant is in possession after the expiration of this Lease, a monthly Rent charge which is one and one-half three times the total monthly installment of Base Annual Rent (Rent, as stipulated and Additional Rent in Paragraph 2, above, plus Additional Rent) applicable to effect during the last month of this Leasethe Lease Term. Tenant expressly agrees to reimburse, defend, indemnify and hold Landlord and Landlord's Agent harmless from all loss and damages, direct and consequential, which Landlord or Landlord's Agent may suffer incur in connection with or in defense of claims by other parties persons or entities against Landlord Landlord, Landlord's Agent or otherwise arising out of the holding over by Tenant, including without limitation reasonable attorneys' fees which may be incurred by Landlord or Landlord's Agent in defense of such claims. Acceptance of Base Annual Rent, Additional Rent as defined or any other sums due from Tenant hereunder or the performance by this paragraph by Landlord Tenant of its obligations hereunder subsequent to the expiration of the Term of this LeaseLease Term, shall not constitute consent to any holding over. Landlord shall have the right to apply all payments received after the expiration date of this the Lease or any renewal thereof Term toward payment for use and occupancy of the premises Demised Premises subsequent to the expiration of the Lease Term and toward any other sums owed by Tenant to Landlord, regardless of how such payment(s) may be designated by Tenant. Landlord, at its option, may forthwith re-enter and take possession of said premises the Demised Premises without process, or by any legal process in force. Notwithstanding the foregoing, Tenantif Tenant holds over, without Landlord's holdover without Landlord consent written consent, due to acts of God, riot, or war war, then such holdover shall be at the total monthly installment of Base Annual Rent and Additional Rent applicable to the last month of the term Lease Term (adjusted in accordance with the provisions of this Lease as if the holdover period were originally included herein), for the duration of the condition (but not to exceed ten (10) days), but such continued occupancy shall not create any renewal of the Term term of this Lease or nor shall it create a tenancy from year-to-year, month-to-month, or otherwise, and Tenant shall be liable for and shall indemnify, defend and hold harmless Landlord and Landlord's Agent against any loss and damages suffered by Landlord or Landlord's Agent as described above. Any holdover period during which the Landlord and Tenant are negotiating the terms and conditions of any holdover tenancy, new lease or other matter, and/or for which Landlord and Tenant have failed to reach an agreement as to the rent to be paid during such holdover period, shall conclusively be deemed to be a holdover without the consent of Landlord for the purpose of determining the rental to be paid and the obligations to be performed by Tenant during such period.
Appears in 2 contracts
Samples: Office Building Lease (Otg Software Inc), Office Building Lease (Net2000 Communications Inc)
Without Landlord Consent. In the event that Tenant, without the written consent of Landlord, shall hold over beyond the expiration of the Term hereby createdLease Term, then Tenant hereby waives all notice to quit and agrees to pay to Landlord for the period that Tenant is in possession after the expiration of this Lease, a monthly Rent charge which is one and one-half two times the total monthly installment of Base Annual Rent (Rent, as stipulated and Additional Rent in Paragraph 2, above, plus Additional Rent) applicable to effect during the last month of this Leasethe Lease Term. Tenant expressly agrees to reimburse, defend, indemnify and hold Landlord and Landlord's Agent harmless from all loss and damages, direct and consequential, which Landlord or Landlord's Agent may suffer incur in connection with or in defense of claims by other parties persons or entities against Landlord Landlord, Landlord's Agent or otherwise arising out of the holding over by Tenant, including without limitation reasonable attorneys' fees which may be incurred by Landlord or Landlord's Agent in defense of such claims. Acceptance of Base Annual Rent, Additional Rent as defined or any other sums due from Tenant hereunder or the performance by this paragraph by Landlord Tenant of its obligations hereunder subsequent to the expiration of the Term of this LeaseLease Term, shall not constitute consent to any holding over. Landlord shall have the right to apply all payments received after the expiration date of this the Lease or any renewal thereof Term toward payment for use and occupancy of the premises Demised Premises subsequent to the expiration of the Lease Term and toward any other sums owed by Tenant to Landlord. , regardless of how such payment(s) may be designated by Tenant, Landlord, at its option, may forthwith re-enter and take possession of said premises the Demised Premises without process, or by any legal process in force. Notwithstanding the foregoing, Tenantif Tenant holds over, without Landlord's holdover without Landlord consent written consent, due to acts of God, riot, or war war, then such holdover shall be at the total monthly installment of Base Annual Rent and Additional Rent applicable to the last month of the term Lease Term (adjusted in accordance with the provisions of this Lease as if the holdover period were originally included herein), for the duration of the condition (but not to exceed ten (10) days), but such continued occupancy shall not create any renewal of the Term term of this Lease or nor shall it create a tenancy from year-to-year, month-to-month, or otherwise, and Tenant shall be liable for and shall indemnify, defend and hold harmless Landlord and Landlord's Agent against any loss and damages suffered by Landlord or Landlord's Agent as described above. Any holdover period during which the Landlord and Tenant are negotiating the terms and conditions of any holdover tenancy, new lease or other matter, and/or for which Landlord and Tenant have failed to reach an agreement as to the rent to be paid during such holdover period, shall conclusively be deemed to be a holdover without the consent of Landlord for the purpose of determining the rental to be paid and the obligations to be performed by Tenant during such period.
Appears in 1 contract
Without Landlord Consent. In the event that Tenant, without the consent of Landlord, shall hold over the expiration of the Term term hereby created, then Tenant hereby waives all notice to quit and agrees to pay to Landlord for the period that Tenant is in possession after the expiration shall become a tenant of this Leasesufferance only, at a monthly rent which for each month of the first two months of the holdover is equal to 150% of the Base Monthly Rent which is one and one-half times the total Rent (Rent, as stipulated in Paragraph 2, above, plus Additional Rent) applicable to the last month of this Leasethe Lease Term, and which for each month thereafter is equal to 200% of the Base Monthly Rent applicable to the last month of the Lease Term, and otherwise subject to the terms, covenants and conditions herein specified. In the event Tenant holds over in the Demised Premises or any portion thereof for a period of sixty (60) days, then Tenant expressly agrees to hold Landlord harmless from all loss and damages, direct and consequential, which Landlord may suffer in defense of claims by other parties against Landlord arising out of the holding over by TenantXxxxxx, including including, without limitation limitation, attorneys' ’ fees which may be incurred by Landlord in defense of such claims. Acceptance of Rent as defined by this paragraph rent by Landlord subsequent to the expiration of the Lease Term of this Lease, shall not constitute consent to any holding over. Landlord shall have the right to apply all payments payment received after the expiration date of this Lease or any renewal thereof toward payment for use and occupancy of the premises Demised Premises subsequent to the expiration of the Lease Term and toward any other sums owed by Tenant to Landlord. Landlord, at its option, may forthwith re-enter and take possession of said premises the Demised Premises without process, or by any legal process in force. Notwithstanding the foregoing, Tenant's holdover without Landlord consent due to acts of God, riot, or war shall be at the total Rent applicable to the last month of the term for the duration of the condition (but not to exceed ten (10) days), but such continued occupancy shall not create any renewal of the Term of this Lease or a tenancy from year-to-year, and Tenant shall be liable for any loss and damages suffered by Landlord as described above.
Appears in 1 contract
Samples: Lease Agreement (Maxcyte, Inc.)
Without Landlord Consent. In the event that Tenant, without the consent of Landlord, shall hold over the expiration of the Term term hereby created, then Tenant hereby waives all notice to quit and agrees to pay to Landlord for the period that Tenant is in possession after the expiration shall become a tenant of this Leasesufferance only, at a monthly rent which for each month of the first two months of the holdover is equal to 150% of the Base Monthly Rent which is one and one-half times the total Rent (Rent, as stipulated in Paragraph 2, above, plus Additional Rent) applicable to the last month of this Leasethe Lease Term, and which for each month thereafter is equal to 200% of the Base Monthly Rent applicable to the last month of the Lease Term, and otherwise subject to the terms, covenants and conditions herein specified. In the event Tenant holds over in the Demised Premises or any portion thereof for a period of sixty (60) days, then Tenant expressly agrees to hold Landlord harmless from all loss and damages, direct and consequential, which Landlord may suffer in defense of claims by other parties against Landlord arising out of the holding over by Tenant, including including, without limitation limitation, attorneys' ’ fees which may be incurred by Landlord in defense of such claims. Acceptance of Rent as defined by this paragraph rent by Landlord subsequent to the expiration of the Lease Term of this Lease, shall not constitute consent to any holding over. Landlord shall have the right to apply all payments payment received after the expiration date of this Lease or any renewal thereof toward payment for use and occupancy of the premises Demised Premises subsequent to the expiration of the Lease Term and toward any other sums owed by Tenant to Landlord. Landlord, at its option, may forthwith re-enter and take possession of said premises the Demised Premises without process, or by any legal process in force. Notwithstanding the foregoing, Tenant's holdover without Landlord consent due to acts of God, riot, or war shall be at the total Rent applicable to the last month of the term for the duration of the condition (but not to exceed ten (10) days), but such continued occupancy shall not create any renewal of the Term of this Lease or a tenancy from year-to-year, and Tenant shall be liable for any loss and damages suffered by Landlord as described above.
Appears in 1 contract
Samples: Lease Agreement (Maxcyte, Inc.)
Without Landlord Consent. In the event that Tenant, without the consent of Landlord, shall hold over the expiration of the Term term hereby created, then Tenant hereby waives all notice to quit and agrees to pay to Landlord for the period that Tenant is in possession after the expiration of this Lease, a monthly Rent rent which is one and one-half three times the total Rent rent (Rentbase monthly rent, as stipulated in Paragraph 2, abovesection 1.3, plus Additional Rentadditional rent, as stipulated in section 1.5) applicable to the last month of this Lease. Tenant Xxxxxx expressly agrees to hold Landlord harmless from all loss and damages, direct direct' and consequential, which Landlord may suffer in defense of claims by other parties against Landlord arising out of the holding over by TenantXxxxxx, including without limitation attorneys' fees which may be incurred by Landlord in defense of such claims. Acceptance of Rent as defined by this paragraph rent by Landlord subsequent to the expiration of the Term term of this Lease, Lease shall not constitute consent to any holding over. Landlord shall have the right to apply all payments received after the expiration date of this Lease or any renewal thereof toward payment for use and occupancy of the premises subsequent to the expiration of the Term term and toward any other sums owed by Tenant Xxxxxx to Landlord. Landlord, at its option, may forthwith re-enter and take possession of said premises without process, or by any legal process in force. Notwithstanding the foregoing, TenantXxxxxx's holdover without Landlord consent due to acts of God, riot, or war shall be at the total Rent rent applicable to the last month of the term for the duration of the condition (but not to exceed ten (10) days), but such continued occupancy shall not create any renewal of the Term term of this Lease or a tenancy from year-to-year, and Tenant shall be liable for any loss and damages suffered by Landlord as described above.
Appears in 1 contract
Without Landlord Consent. In the event that Tenant, without the written consent of Landlord, shall hold over beyond the expiration of the Term hereby createdLease Term, then Tenant hereby waives all notice to quit and agrees to pay to Landlord for the period that Tenant is in possession after the expiration of this Lease, a monthly Rent charge which is one and one-half times the total monthly installment of Base Annual Rent (Rent, as stipulated and Additional Rent in Paragraph 2, above, plus Additional Rent) applicable to effect during the last month of this Leasethe Lease Term. Tenant expressly agrees to reimburse, defend, indemnify and hold Landlord and Landlord's Agent harmless from all direct loss and damages, direct and consequential, which Landlord or Landlord's Agent may suffer incur in connection with or in defense of claims by other parties persons or entities against Landlord Landlord, Landlord's Agent or otherwise arising out of the holding over by Tenant, including without limitation reasonable attorneys' fees which may be incurred by Landlord or Landlord's Agent in defense of such claims. Acceptance of Base Annual Rent, Additional Rent as defined or any other sums due from Tenant hereunder or the performance by this paragraph by Landlord Tenant of its obligations hereunder subsequent to the expiration of the Term of this LeaseLease Term, shall not constitute consent to any holding over. Landlord shall have the right to apply all payments received after the expiration date of this the Lease or any renewal thereof Term toward payment for use and occupancy of the premises Demised Premises subsequent to the expiration of the Lease Term and toward any other sums owed by Tenant to Landlord, regardless of how such payment(s) may be designated by Tenant. Landlord, at its option, may forthwith re-enter and take possession of said premises without process, or the Demised Premises by any legal process in force. Notwithstanding the foregoing, Tenantif Tenant holds over, without Landlord's holdover without Landlord consent written consent, due to acts of God, riot, or war war, then such holdover shall be at the total monthly installment of Base Annual Rent and Additional Rent applicable to the last month of the term Lease Term (adjusted in accordance with the provisions of this Lease as if the holdover period were originally included herein), for the duration of the condition (but not to exceed ten (10) days), but such continued occupancy shall not create any renewal of the Term term of this Lease or nor shall it create a tenancy from year-to-year, month-to-month, or otherwise, and Tenant shall be liable for and shall indemnify, defend and hold harmless Landlord and Landlord's Agent against any loss and damages suffered by Landlord or Landlord's Agent as described above. Any holdover period during which the Landlord and Tenant are negotiating the terms and conditions of any holdover tenancy, new lease or other matter, and/or for which Landlord and Tenant have failed to reach an agreement as to the rent to be paid during such holdover period, shall conclusively be deemed to be a holdover without the consent of Landlord for the purpose of determining the rental to be paid and the obligations to be performed by Tenant during such period.
Appears in 1 contract
Without Landlord Consent. In the event that Tenant, without the written consent of Landlord, shall hold over beyond the expiration of the Term hereby createdLease Term, then Tenant hereby waives all notice to quit and agrees to pay to Landlord for the period that Tenant is in possession after the expiration of this Lease, a monthly Rent charge which is one and one-half times halftimes the total monthly installment of Base Annual Rent (Rent, as stipulated and Additional Rent in Paragraph 2, above, plus Additional Rent) applicable to effect during the last month of this Leasethe Lease Term. Tenant expressly agrees to reimburse, defend, indemnify and hold Landlord and Landlord’s Agent harmless from all loss and damages, direct and consequential, which Landlord or Landlord’s Agent may suffer incur in connection with or in defense of claims by other parties persons or entities against Landlord Landlord, Landlord’s Agent or otherwise arising out of the holding over by Tenant, including without limitation reasonable attorneys' ’ fees which may be incurred by Landlord or Landlord’s Agent in defense of such claims. Acceptance of Base Annual Rent, Additional Rent as defined or any other sums due from Tenant hereunder or the performance by this paragraph by Landlord Tenant of its obligations hereunder subsequent to the expiration of the Term of this LeaseLease Term, shall not constitute consent to any holding over. Landlord shall have the right to apply all payments received after the expiration date of this the Lease or any renewal thereof Term toward payment for use and occupancy of the premises Demised Premises subsequent to the expiration of the Lease Term and toward any other sums owed by Tenant to Landlord, regardless of how such payment(s) may be designated by Tenant. Landlord, at its option, may forthwith re-enter and take possession of said premises the Demised Premises without process, or by any legal process in force. Notwithstanding the foregoing, Tenant's holdover if Tenant holds over, without Landlord consent Landlord’s written consent, due to acts of God, riot, or war war, or such other similar force majeure events beyond the reasonable control of Tenant (the “Force Majeure Holdover”), then such holdover shall be at the total monthly installment of Base Annual Rent and Additional Rent applicable to the last month of the term Lease Term (adjusted in accordance with the provisions of this Lease as if the holdover period were originally included herein), for the duration of the condition (but not to exceed ten thirty (1030) days), but such continued occupancy shall not create any renewal of the Term term of this Lease or nor shall it create a tenancy from year-to-year, month-to-month, Any holdover period during which the Landlord and Tenant are negotiating the terms and conditions of any holdover tenancy, new lease or other matter, and/or for which Landlord and Tenant have failed to reach an agreement as to the rent to be paid during such holdover period, shall conclusively be liable deemed to be a holdover without the consent of Landlord for any loss the purpose of determining the rental to be paid and damages suffered the obligations to be performed by Landlord as described aboveTenant during such period.
Appears in 1 contract
Samples: Office Building Lease (TRX Inc/Ga)
Without Landlord Consent. In the event that Tenant, Tenant without the written consent of Landlord, shall hold over beyond the expiration of the Term hereby createdLease Term, then Tenant hereby waives all notice to quit and agrees to pay to Landlord for the period that Tenant is in possession after the expiration of this Lease, a monthly Rent charge which is one and one-half three times the total monthly installment of Base Annual Rent (Rent, as stipulated and Additional Rent in Paragraph 2, above, plus Additional Rent) applicable to effect during the last month of this Leasethe Lease Term. Tenant expressly agrees to reimburse, defend indemnify and hold Landlord and Landlord’s Agent harmless from form all loss and damages, direct and consequential, which Landlord or Landlord’s Agent may suffer incur in connection with or in defense of claims by other parties persons or entities against Landlord Landlord, Landlord’s Agent or otherwise arising out of the holding over by Tenant, including without limitation reasonable attorneys' ’ fees which may be incurred by Landlord or Landlord’s Agent in defense of such claims. claims Acceptance of Base Annual Rent, Additional Rent as defined or any other sums due from Tenant hereunder or the performance by this paragraph by Landlord Tenant of its obligations hereunder subsequent to the expiration of the Term of this LeaseLease Term, shall not constitute consent to any holding over. Landlord shall have the right to apply all payments received after the expiration date of this the Lease or any renewal thereof Term toward payment for use and occupancy of the premises Demised Premises subsequent to the expiration of the Lease Term and toward any other sums owed by Tenant to Landlord. , regardless of how such payment(s) may be designed by Tenant, Landlord, at its option, may forthwith re-enter and take possession of said premises the Demised Premises without process, or by any legal process in force. Notwithstanding the foregoing, Tenant's holdover if Tenant holds over, without Landlord Landlord’s written consent due to acts of God, riotnot, or war war, then such holdover shall be at the total monthly installment of Base Annual Rent and Additional Rent applicable to the last month of the term Lease Term (adjusted in accordance with the provisions of this Lease as if the holdover period were originally included herein), for the duration of the condition ([but not to exceed ten (10) days)], but such continued occupancy shall not create any renewal of the Term term of this Lease or nor shall it create a tenancy from year-to-year, month-to-month, or otherwise, and Tenant shall be liable for and shall indemnify, defend and hold harmless Landlord and Landlord’s Agent against any loss and damages suffered by Landlord or Landlord’s Agent as described above. Any holdover period during which the Landlord and Tenant are negotiating the terms and conditions of any holdover tenancy, new lease or other matter, and/or for which Landlord and Tenant have failed to reach an agreement as to the rent to be paid during such holdover period, shall conclusively be deemed to be a holdover without the consent of Landlord for the purpose of determining the rental to be paid and the obligations to be performed by Tenant during such period.
Appears in 1 contract
Samples: Office Building Lease (Spherix Inc)
Without Landlord Consent. In the event that Tenant, without the consent of Landlord, shall hold over the expiration of the Term term hereby created, then Tenant hereby waives all notice to quit and agrees to pay to Landlord for the period that Tenant is in possession after the expiration of this Lease, a monthly Rent rent which is one and one-half three times the total Rent rent (Rentbase monthly rent, as stipulated in Paragraph 2, aboveSection 1.3, plus Additional Rentadditional rent, as stipulated in Section 1.5) applicable to the last month of this Lease. Tenant expressly agrees to hold Landlord harmless from all loss and damages, direct and consequential, which Landlord may suffer in defense of claims by other parties against Landlord arising out of the holding over by Tenant, including without limitation attorneys' fees which may be incurred by Landlord in defense of such claims. Acceptance of Rent as defined by this paragraph rent by Landlord subsequent to the expiration of the Term term of this Lease, Lease shall not constitute consent to any holding over. Landlord shall have the right to apply all payments received after the expiration date of this Lease or any renewal thereof toward payment for use and occupancy of the premises subsequent to the expiration of the Term term and toward any other sums owed by Tenant to Landlord. Landlord, at its option, may forthwith re-enter and take possession of said premises without process, or by any legal process in force. Notwithstanding the foregoing, Tenant's holdover without Landlord consent due to acts of God, riot, or war shall be at the total Rent rent applicable to the last month of the term for the duration of the condition (but not to exceed ten (10) days), but such continued occupancy shall not create any renewal of the Term term of this Lease or a tenancy from year-to-year, and Tenant shall be liable for any loss and damages suffered by Landlord as described above.
Appears in 1 contract
Without Landlord Consent. In the event that Tenant, without the ------------------------- written consent of Landlord, shall hold over beyond the expiration of the Term hereby createdLease Term, then Tenant hereby waives all notice to quit and agrees to pay to Landlord for the period that Tenant is in possession after the expiration of this Lease, a monthly Rent charge which is one and one-half times the total monthly installment of Base Annual Rent (Rent, as stipulated and Additional Rent in Paragraph 2, above, plus Additional Rent) applicable to effect during the last month of this Leasethe Lease Term. Tenant expressly agrees to reimburse, defend, indemnify and hold Landlord and Landlord's Agent harmless from all loss and damages, direct and consequential, damages which Landlord or Landlord's Agent may suffer incur in connection with or in defense of claims by other parties persons or entities against Landlord Landlord, Landlord's Agent or otherwise arising out of the holding over by Tenant, including without limitation reasonable attorneys' fees which may be incurred by Landlord or Landlord's Agent in defense of such claims. Acceptance of Base Annual Rent, Additional Rent as defined or any other sums due from Tenant hereunder or the performance by this paragraph by Landlord Tenant of its obligations hereunder subsequent to the expiration of the Term of this LeaseLease Term, shall not constitute consent to any holding over. Landlord shall have the right to apply all payments received after the expiration date of this the Lease or any renewal thereof Term toward payment for use and occupancy of the premises Demised Premises subsequent to the expiration of the Lease Term and toward any other sums owed by Tenant to Landlord, regardless of how such payment(s) may be designated by Tenant. Landlord, at its option, may forthwith re-enter and take possession of said premises without the Demised Premises in accordance with legal process, or by any legal process in force. Notwithstanding the foregoing, Tenantif Tenant holds over, without Landlord's holdover without Landlord consent written consent, due to acts of God, riot, or war war, then such holdover shall be at the total monthly installment of Base Annual Rent and Additional Rent applicable to the last month of the term Lease Term (adjusted in accordance with the provisions of this Lease as if the holdover period were originally included herein), for the duration of the condition (but not to exceed ten (10) days), but such continued occupancy shall not create any renewal of the Term term of this Lease or nor shall it create a tenancy from year-to-year, month-to-month, or otherwise, and Tenant shall be liable for and shall indemnify, defend and hold harmless Landlord and Landlord's Agent against any loss and damages suffered by Landlord or Landlord's Agent as described above. Any holdover period during which the Landlord and Tenant are negotiating the terms and conditions of any holdover tenancy, new lease or other matter, and/or for which Landlord and Tenant have failed to reach an agreement as to the rent to be paid during such holdover period, shall conclusively be deemed to be a holdover without the consent of Landlord for the purpose of determining the rental to be paid and the obligations to be performed by Tenant during such period.
Appears in 1 contract
Without Landlord Consent. In the event that Tenant, without the written consent of Landlord, shall hold over beyond the expiration of the Term hereby createdLease Term, then Tenant hereby waives all notice to quit and agrees to pay to Landlord for the period that Tenant is in possession after the expiration of this Lease, a monthly Rent charge which is one and one-half times One Hundred Fifty Percent (150%) of the total monthly installment of Base Annual Rent (Rent, as stipulated and Additional Rent in Paragraph 2, above, plus Additional Rent) applicable to effect during the last month of this Leasethe Lease Term. Tenant expressly agrees to reimburse, defend, indemnify and hold Landlord and Landlord’s Agent harmless from all loss and damages, direct and consequential, which Landlord or Landlord’s Agent may suffer incur in connection with or in defense of claims by other parties persons or entities against Landlord Landlord. Landlord’s Agent or otherwise arising out of the holding over by Tenant, including without limitation reasonable attorneys' ’ fees which may be incurred by Landlord or Landlord’s Agent in defense of such claims. Acceptance of Base Annual Rent, Additional Rent as defined or any other sums due from Tenant hereunder or the performance by this paragraph by Landlord Tenant of its obligations hereunder subsequent to the expiration of the Term of this LeaseLease Term, shall not constitute consent to any holding over. Landlord shall have the right to apply all payments received after the expiration date of this the Lease or any renewal thereof Term toward payment for use and occupancy of the premises Demised Premises subsequent to the expiration of the Lease Term and toward any other sums owed by Tenant to Landlord, regardless of how such payment(s) may be designated by Tenant. Landlord, at its option, may forthwith re-enter and take possession of said premises the Demised Premises without process, or by any legal process in force. Notwithstanding the foregoing, Tenant's holdover if Tenant holds over, without Landlord consent Landlord’s written consent, due to acts of God, riot, or war war, then such holdover shall be at the total monthly installment of Base Annual Rent and Additional Rent applicable to the last month of the term Lease Term (adjusted in accordance with the provisions of this Lease as if the holdover period were originally included herein), for the duration of the condition (but not to exceed ten (10) days), but such continued occupancy shall not create any renewal of the Term term of this Lease or nor shall it create a tenancy from year-to-year, month-to-month, or otherwise, and Tenant shall be liable for and shall indemnify, defend and hold harmless Landlord and Landlord’s Agent against any loss and damages suffered by Landlord or Landlord’s Agent as described above. Any holdover period during which the Landlord and Tenant are negotiating the terms and conditions of any holdover tenancy, new lease or other matter, and/or for which Landlord and Tenant have failed to reach an agreement as to the rent to be paid during such holdover period, shall conclusively be deemed to be a holdover without the consent of Landlord for the purpose of determining the rental to be paid and the obligations to be performed by Tenant during such period.
Appears in 1 contract