Examples of Holdover Term in a sentence
The Holdover Term created by this Article will be subject to all remaining terms and conditions of this Lease.
With thirty (30) days written notice, either party may terminate this Lease during the Holdover Term.
If you terminate the Supply Contract prior to the end of the term in effect, you may be subject to a “Cost Recovery Fee” outlined in Section 8, which fee will not apply if you terminate during the Holdover Term.
This Agreement will continue to govern our relationship for the supply of electricity during the Holdover Term, and either of us may terminate the Holdover Term at any time upon 45 days advance written notice to the other.
You may terminate this Supply Contract by written notice to ENH Power delivered no later than ten (10) days from your receipt of a renewal Confirmation Letter from ENH Power, with such termination to be effective at the end of the current Supply Contract, or the Holdover Term described in Section 2.
Any holding over by Tenant or anyone acting through Tenant after the expiration of the Initial Term or any Holdover Term, without the written consent of the Landlord, shall be construed to be a tenancy at will and, in addition to all other damages and remedies to which Landlord may be entitled for such holding over, Tenant shall pay 150% of the Rent due under paragraph 4(a).
The End Date(s) will remain the same unless extended for a Holdover Term.
If you terminate the Supply Contract prior to the end of the term in effect, you may be subject to a “Cost Recovery Fee” outlined in Section 8, which fee will not apply if you terminate during the renewal period or Holdover Term.
If Tenant remains in possession of the Premises after the expiration of the Term of this Lease, then Tenant will be deemed to be occupying the Premises on a month-to-month basis (the “Holdover Term”), subject to the terms and conditions of this Lease, except that either party may terminate the Holdover Term for any or no reason whatsoever by giving the other a thirty (30)-day notice to quit.
Upon surrender of the Premises to CITY, this Agreement shall terminate, and LESSEE will still be obligated to pay CITY any and all outstanding unpaid rental amounts, fees, or late charges as outlined in the lease for the Initial Term, Renewal Term, or Holdover Term, as applicable.