Common use of Yielding Possession Clause in Contracts

Yielding Possession. The Operator agrees that on termination of the lease, the Operator will yield possession to the Owner without further demand or notice. The premises shall be in as good order and condition as when same were entered by the Operator. Loss by fire, tornado or other forces beyond Operator’s control and ordinary wear and tear are excepted. If the Operator wrongfully withholds possession of the premises after the date of termination, the Operator shall pay to the Owner $ for each day the Operator remains in possession thereafter as liquidated damages.

Yielding Possession. The Operator agrees that on termination of the lease, the Operator will yield possession to the Owner without further demand or notice. The premises shall be in as good order and condition as when same were entered by the Operator. Loss by fire, tornado or other forces beyond Operator’s control and ordinary wear and tear are excepted. If the Operator wrongfully withholds possession of the premises after the date of termination, the Operator shall pay to the Owner $ 50.00 for each day the Operator remains in possession thereafter as liquidated damages.

Yielding Possession. The Operator agrees that on termination of the lease, the Operator will yield possession to the Owner without further demand or notice. The premises shall be in as good order and condition as when same were entered by the Operator. Loss by fire, tornado or other forces beyond Operator’s control and ordinary wear and tear are excepted. If the Operator wrongfully withholds possession of the premises after the date of termination, the Operator shall pay to the Owner $ for each day the Operator remains in possession thereafter as liquidated damages.