HOLDING OVER definition

HOLDING OVER. Any holding over after the end of the Lease Term requires Lessor's written approval prior to the end of the Lease Term, which, notwithstanding any other provisions of this Lease, Lessor may withhold. Such holding over shall be construed to be a tenancy at sufferance from month to month. Lessee shall pay to Lessor monthly base rent equal to one and one-half (1.5) times the monthly base rent installment due in the last month of the Lease Term and all other additional rent and all other terms and conditions of the Lease shall apply, so far as applicable. Holding over by Lessee without written approval of Lessor shall subject Lessee to the liabilities and obligations provided for in this Lease and by law, including, but not limited to those in Section 2 of this Lease. Lessee shall indemnify and hold Lessor harmless against any loss or liability resulting from any delay caused by Lessee in surrendering the Premises, including without limitation, any claims made or penalties incurred by any succeeding lessee or by Lessor. No holding over shall be deemed or construed to exercise any option to extend or renew this Lease in lieu of full and timely exercise of any such option as required hereunder.

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HOLDING OVER. Any holding over after the expiration of the Term, without the express written consent of Landlord, shall constitute a Default and, without limiting Landlord's remedies provided in this Lease, such holding over shall be construed to be a tenancy at sufferance, at a rental rate of one hundred twenty percent (120%) of the Base Rent last due in this Lease, plus Additional Rent, and shall otherwise be on the terms and conditions herein specified, so far as applicable.

HOLDING OVER. If Client does not surrender possession of the Dedicated Space(s) promptly upon termination of this Agreement and does not have written permission of Operator, Client shall pay Operator for each day of such possession one-fifteenth (1/15th) of the amount of the monthly office fee plus all costs, expenses and damages sustained by Operator as a result of such possession and Client will continue to be bound be all the other terms and conditions of this Agreement.

Examples of HOLDING OVER in a sentence

• SURRENDER OF THE PREMISES; HOLDING OVER Surrender: On expiration or within thirty (30) days after earlier termination of the contract, Concessionaire shall surrender the Premises to State with all fixtures, improvements, and Alterations in good condition, except for fixtures, improvements, and Alterations that Concessionaire is obligated to remove.

• The following provisions will survive expiration or termination of this Agreement: Sections 10 (RENT AND FEES), 14 (UNIVERSITY LIABILITY), 17 (TENANT RESPONSIBILITY AND LIABILITY), 23.2 (Smoking-Damages), 26.3 (Pets-Damages), 42 (NOTICES AND COMMUNICATIONS), 43.3.3 (Termination by Tenant-Financial Obligations), 43.4 (Termination-Breach of Agreement), 45 (HOLDING OVER), 46 (ABANDONED PROPERTY), 52 (INDEMNIFICATION), 54 (NONWAIVER), 55 (HEADINGS, CAPTIONS, AND GRAPHICS) and 56 (SURVIVABILITY).

• ARTICLE XIX ----------- HOLDING OVER ------------ In the event Tenant shall continue to occupy the Leases Premises after the expiration of the demised term or any Renewal Term, such holding over shall not constitute a renewal or extension of this Lease.

• HOLDING OVER Upon expiration of the term or the termination of this Lease or of Tenant's right of possession, Tenant shall surrender to Landlord the Premises and all tenant improvements and alterations (except alterations which Tenant has the right or obligation to remove) in good condition, except for ordinary wear and tear.

• SECTION FOURTEEN HOLDING OVER The failure of TENANT to surrender the premises upon the termination of the lease term, and the subsequent holding over by TENANT, without consent of the LANDLORD, shall result in the creation of a tenancy for month to month at a monthly rental of 150% of the base monthly rent payable on the fifteenth day of each month during the month to month tenancy.

More Definitions of HOLDING OVER

HOLDING OVER. After the expiration or earlier termination of the term and if Concessionaire remains in possession of the Premises with State's express consent, such possession by Concessionaire shall be deemed to be a temporary tenancy terminable on thirty (30) days written notice given at any time by either party. During such temporary tenancy, the minimum monthly rent shall be increased by 10% over the monthly rent of the last month prior to the expiration or earlier termination of the contract, unless otherwise agreed to in writing by State. Concessionaire shall pay such monthly rent and all other sums required to be paid hereunder monthly on or before the fifteenth day of each month. All other provisions of this contract except those pertaining to the term shall apply to the month‑to-month tenancy. NO RECORDATION; QUITCLAIM

HOLDING OVER. Any possession by Tenant after termination shall not operate to renew or extend the term but shall be consider as a tenancy at sufferance of the Landlord.

HOLDING OVER. TENANCY MONTH-TO-MONTH........................................ 27

HOLDING OVER. A “hold over” occurs when ▇▇▇▇▇▇ fails to vacate Premises by the date the Agreement terminates, or by the date in Tenant’s written move-out notice to Landlord, or by the date of Landlord’s written notice to vacate to Tenant. No holding over is permitted without the written permission of Landlord. Should Tenant hold over without written permission, Tenant shall be liable for double the rent for the period during which ▇▇▇▇▇▇ refuses to surrender possession of Premises, according to the Florida Statute 83.58. Tenant shall also be liable for any additional costs suffered by Landlord as the result of such ▇▇▇▇▇▇’s holding over. These additional costs could be substantial and shall include, but not be limited to, all rent for a previously signed commitment of a new Tenant who cannot occupy Premises because of the hold over.

HOLDING OVER promptly upon Landlord's demand, as provided for hereinabove, it is understood and agreed that Landlord shall be entitled to interest calculated at a daily periodic rate of .0411, an annual percentage rate of Fifteen (15%) percent. Neither the billing nor the collection of use and occupancy charges in the above amount shall be deemed a waiver of any right of Landlord to collect damages for Tenant's failure to vacate the demised premises after the expiration or sooner termination of this Lease. The foregoing shall survive the term of this Lease and any renewals or extensions thereof.

HOLDING OVER. Any holding over after the expiration of the term or any validly exercised renewal term shall be construed to be a tenancy from month to month at the rent equal to one hundred fifty (150%) percent of the base and additional rentals and other charges specified herein (prorated on a monthly basis) and shall otherwise be on the terms herein specified so far as applicable.

HOLDING OVER. Any holding over after the expiration of this lease, without the consent of the Landlord, shall constitute an automatic daily fine. The last day of the lease period is designated as NOON local time on the specified day. Any holding over will be billed at $200 per day due to costs and inconvenience incurred by multiple parties – Landlord, cleaning crew, painting crew, repair crew, marketing costs, the Resident who planned to move in, his/her moving crew, and truck rental, etc. SERVICEMEMBERS' CIVIL RELIEF ACT: If Resident enters into military service or is a military service member and receives military orders for a change of permanent station or to deploy with a military unit or as an individual in support of a military operation for a period of 90 days or more, Resident may terminate this Lease Agreement be delivering written notice and a copy of Resident's official military orders to Landlord. In such a case, this Lease Agreement shall terminate 30 days after the next monthly rental payment is due. Military permission for base housing does not constitute a change of permanent station order.