Examples of Holdover Rent in a sentence
Should Resident remain in possession of the Unit without written consent of Landlord after the expiration of this Lease, Resident will be required to pay Holdover Rent in the amount of $175.00 per day, along with any other amounts owed.
Holdover Rent will commence with the first day following the end of the Term.
Tenant’s payment of such Holdover Rent, and Landlord’s acceptance thereof, shall not constitute a waiver by Landlord of any of Landlord’s rights or remedies with respect to such holding over, nor shall it be deemed to be a consent by Landlord to Tenant’s continued occupancy or possession of the Premises past the time period covered by Tenant’s payment of the Holdover Rent.
Such Holdover Rent shall be paid during such period as Tenant retains possession of the Premises.
The Holdover Rent Increase shall take effect immediately on the first day of the month after the expiration or termination of the Lease.