Continued Possession Sample Clauses

Continued Possession. The Lessee was put in possession of the Schedule Property under the prior Deed and shall be entitled to continue in quiet and peaceful possession of the same in terms of this Deed. All the keys to the Schedule Property have been handed over to the Lessee and the Lessor does not have any set of the same.
Sample 1
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Continued Possession. If the CLIENT continues possession of the Equipment(s) after the expiry or cancellation of this Contract, the CLIENT shall until the return of the Equipment(s), pay a monthly rental equal to the monthly rental installment payable as hereinbefore provided or as applies at that time (whichever is the greater) and shall observe and perform the other terms of this rental Contract so far as they apply.
Sample 1
Continued Possession. Provided that Tenant is not in default at the termination of this lease or any renewal thereof, continued possession by Tenant after the termination of this lease shall create a tenancy from month to month under the same terms and conditions and at a rental of not less than the monthly rental rate payable during the last month of occupancy under the lease. Either party may terminate the monthly tenancy upon written notice to the other of not less than thirty (30) days from the first day of any month.
Sample 1
Continued Possession. It shall be lawful for the Borrower to retain possession of and the Borrower may use the Mortgaged Properties in accordance with the Financing Documents (including any disposal expressly permitted and subject to the terms of the Financing Documents) until the Security Trustee becomes entitled to take possession thereof under these presents.
Sample 1
Continued Possession. Continued possession of the premises by Lessee after the expiration or termination of this lease shall not be construed as a renewal or extension of this lease unless written approval of such continued possession and a definite agreement to such effect is signed by Lessor defining the length of such additional term. Lessee shall be liable for payment of triple the daily rent for every day or fraction of each day of Lessee’s continued possession past the termination date of this lease. Lessee shall be liable to Lessor for any damages‌‌ If applicable, Lessee acknowledges receipt of a copy of the summary of Urbana Ordinance No. 9394-58 dated January 18, 1994, regulating Landlord-Tenant. By initialing below, you acknowledge and agree to the terms in Section 1. X Initial Here Rules and Regulations
Sample 1
Continued Possession. X Continued possession of the premises by Xxxxxx after the expiration or termination of this lease shall not be construed as a renewal or extension of this lease unless written approval of such continued possession and a definite agreement to such effect is signed by Lessor defining the length of such additional term. Lessee shall be liable for payment of triple the daily rent for every day or fraction of each day of Xxxxxx’s continued possession past the termination date of this lease. Lessee shall be liable to Lessor for any damages incurred by the loss of a prospective tenant(s) from Xxxxxx’s continued possession past the termination date and for any additional expenses incurred by the parties.
Sample 1

Related to Continued Possession

  • DEEMED POSSESSION It is understood by the Allottee that even if the Allottee fails to take possession of the Apartment within the date such possession is offered by the Promoter, the Allottee shall be deemed to have taken possession on the 15 days from the date of such notice which date, for all purposes and irrespective of the actual date when the Allottee takes physical possession of the Apartment, will be deemed to be the possession date (“Possession Date”). On and from the Possession Date:

  • TERM; POSSESSION The term of this Lease (the “Term”) shall commence on the Commencement Date as described below and, unless sooner terminated, shall expire on the Expiration Date set forth in the Basic Lease Information (the “Expiration Date”). The “Commencement Date” shall be the earlier of (a) the date on which Landlord tenders possession of the Premises to Tenant, with all of Landlord’s construction obligations, if any, “Substantially Completed” as provided in the Construction Rider attached as Exhibit B (the “Construction Rider”) or, in the event of any “Tenant Delay,” as defined in the Construction Rider, the date on which Landlord could have done so had there been no such Tenant Delay; or (b) the date upon which Tenant, with Landlord’s written permission, actually occupies and conducts business in any portion of the Premises. The parties anticipate that the Commencement Date will occur on or about the Scheduled Commencement Date set forth in the Basic Lease Information (the “Scheduled Commencement Date”). Landlord shall pay Tenant’s hold-over charges if the Premises are not Substantially Completed within seventy-five (75) days after Lease execution, provided, however, that Landlord shall not be liable for any other claims, damages or liabilities if the Premises are not ready for occupancy by the Scheduled Commencement Date. When the Commencement Date has been established, Landlord and Tenant shall at the request of either party confirm the Commencement Date and Expiration Date in writing.

  • Term and Possession If Landlord is unable to deliver possession of Premises on the Start Date, rent shall be abated on a daily basis until possession is granted. Neither Owner, Landlord, or Broker shall be liable for any delay in the delivery of possession of Premises to Tenant.

  • DEFAULT AND POSSESSION In the event that the Lessee shall fail to pay said rent, and expenses as set forth herein, or any part thereof, when the same are due and payable, or shall otherwise be in default of any other terms of said Lease for a period of more than 15 days, after receiving notice of said default, then the parties hereto expressly agree and covenant that the Lessor may declare the Lease terminated and may immediately re-enter said Premises and take possession of the same together with any of Lessee’s personal property, equipment or fixtures left on the Premises which items may be held by the Lessor as security for the Lessee’s eventual payment and/or satisfaction of rental defaults or other defaults of Lessee under the Lease. It is further agreed, that if the Lessee is in default, that the Lessor shall be entitled to take any and all action to protect its interest in the personal property and equipment, to prevent the unauthorized removal of said property or equipment which threatened action would be deemed to constitute irreparable harm and injury to the Lessor in violation of its security interest in said items of personal property. Furthermore, in the event of default, the Lessor may expressly undertake all reasonable preparations and efforts to release the Premises including, but not limited to, the removal of all inventory, equipment or leasehold improvements of the Lessee’s, at the Lessee’s expense, without the need to first procure an order of any court to do so, although obligated in the interim to undertake reasonable steps and procedures to safeguard the value of Lessee’s property, including the storage of the same, under reasonable terms and conditions at Lessee’s expense, and, in addition, it is understood that the Lessor may xxx the Lessee for any damages or past rents due and owing and may undertake all and additional legal remedies then available. In the event any legal action has to be instituted to enforce any terms or provisions under this Lease, then the prevailing party in said action shall be entitled to recover a reasonable attorney's fee in addition to all costs of said action. Rent which is in default for more than days after due date shall accrue a payment penalty of one of the following: (Choose One) ☐ - Interest at a rate of percent ( %) per annum on a daily basis until the amount is paid in full. ☐ - Late fee of dollars ($ ) per day until the amount is paid in full. In this regard, all delinquent rental payments made shall be applied first toward interest due and the remaining toward delinquent rental payments.

  • Quiet Possession Upon Tenant paying the rent reserved hereunder and observing and performing all of the covenants, conditions and provisions on Tenant's part to be observed and performed hereunder, Tenant shall have quiet possession of the Premises for the entire term hereof, subject to all the provisions of this Lease.

  • Peaceful Possession The Authority hereby warrants that:

  • Termination of the Lease In terminating the Lease, the following procedures shall be followed by the Authority and Tenant:

  • Termination of Tenancy Any termination of the lease must also comply with all applicable state or local laws, ordinances, regulations, or similar requirements, including as may be applicable emergency orders restricting evictions during declared emergencies or disasters; and Owner/Representative Initials: Tenant Initials:

  • Early Possession If Lessee totally or partially occupies the Premises prior to the Commencement Date, the obligation to pay Base Rent shall be abated for the period of such early possession. All other terms of this Lease (including but not limited to the obligations to pay Real Property Taxes and insurance premiums and to maintain the Premises) shall, however, be in effect during such period. Any such early possession shall not affect the Expiration Date.

  • Documents, Records and Funds in Possession of the Master Servicer to be Held for the Trustee. The Master Servicer shall account fully to the Trustee for any funds it receives or otherwise collects as Liquidation Proceeds or Insurance Proceeds in respect of any Mortgage Loan. All Mortgage Files and funds collected or held by, or under the control of, the Master Servicer in respect of any Mortgage Loans, whether from the collection of principal and interest payments or from Liquidation Proceeds, including any funds on deposit in the Certificate Account, shall be held by the Master Servicer for and on behalf of the Trustee and shall be and remain the sole and exclusive property of the Trustee, subject to the applicable provisions of this Agreement. The Master Servicer also agrees that it shall not create, incur or subject any Mortgage File or any funds that are deposited in the Certificate Account, the Collection Account, Distribution Account, or any Escrow Account, or any funds that otherwise are or may become due or payable to the Trustee for the benefit of the Certificateholders, to any claim, lien, security interest, judgment, levy, writ of attachment, or other encumbrance, or assert by legal action or otherwise any claim or right of setoff against any Mortgage File or any funds collected on, or in connection with, a Mortgage Loan, except, however, that the Master Servicer shall be entitled to set off against and deduct from any such funds any amounts that are properly due and payable to the Master Servicer under this Agreement.

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