Common use of FAILURE TO SURRENDER POSSESSION Clause in Contracts

FAILURE TO SURRENDER POSSESSION. The parties recognize and agree that the damage to Landlord resulting from any failure by Tenant to timely surrender possession of the Demised Premises will be substantial, will exceed the amount of the monthly installments by Rent payable hereunder, and will be impossible to measure accurately. Tenant therefore agrees that if possession of the Demised Premises is not surrendered to Landlord upon the expiration date or earlier termination of the Lease, in addition to any other rights or remedies Landlord may have hereunder or at law, Tenant shall pay to Landlord, as Rent for each month and for each portion of any month during which Tenant holds over in the Demised Premises after the expiration date or sooner termination of this Lease, a sum equal to 150% of the aggregate of that portion of the Rent that was payable under this Lease during the last full month prior to the expiration or termination, whichever is applicable. During any holdover period and except as otherwise provided herein, Tenant shall become a month-to- month tenant and shall remain subject to all of the terms, responsibilities and covenants contained herein except as to the Rent and Term of this Lease as provided herein. Landlord shall have the right to terminate any such holdover occupancy by giving Tenant thirty (30) days written notice. Nothing herein contained shall be deemed to permit Tenant to retain possession of the Demised Premises after the expiration date or sooner termination of the Lease. The provisions of this paragraph shall survive the expiration date or sooner termination of this Lease.

Appears in 1 contract

Samples: Office Building Lease Agreement

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FAILURE TO SURRENDER POSSESSION. The parties recognize and agree that the damage to Landlord resulting from any failure by Tenant to timely surrender possession of the Demised Premises will be substantial, will exceed the amount of the monthly installments by Rent payable hereunder, and will be impossible to measure accurately. Tenant therefore agrees that if possession of the Demised Premises is not surrendered to Landlord upon the expiration date or earlier termination of the Lease, in addition to any other rights or remedies Landlord may have hereunder or at law, Tenant shall pay to Landlord, as Rent for each month and for each portion of any month during which Tenant holds over in the Demised Premises after the expiration date or sooner termination of this Lease, a sum equal to 150% of the aggregate of that portion of the Rent that was payable under this Lease during the last full month prior to the expiration or termination, whichever is applicable. During any holdover period and except as otherwise provided herein, Tenant shall become a month-to- to-month tenant and shall remain subject to all of the terms, responsibilities and covenants contained herein except as to the Rent and Term of this Lease as provided herein. Landlord shall have the right to terminate any such holdover occupancy by giving Tenant thirty (30) days written notice. Nothing herein contained shall be deemed to permit Tenant to retain possession of the Demised Premises after the expiration date or sooner termination of the Lease. The provisions of this paragraph shall survive the expiration date or sooner termination of this Lease. HAZARDOUS WASTE.

Appears in 1 contract

Samples: Office Building Lease Agreement

FAILURE TO SURRENDER POSSESSION. The parties recognize and agree Tenant must notify Landlord, in writing, of Tenant’s intent to move out at least forty-five (45) days before the End Date. At that time Tenant will be asked to provide access to the damage Apartment at his/her convenience either by providing keys or a contact phone number for the purpose of showing the Apartment so that it may be re-rented. Failure to Landlord resulting from any failure by provide access will jeopardize return of Security. If Tenant shall fail to timely surrender possession of the Demised Premises will Apartment upon the End Date or early termination of the Term of this Lease, Tenant shall have the status of a holdover occupant at the Apartment, unless otherwise agreed to in writing by Landlord. Under no circumstances shall Tenant’s occupancy of the Apartment after the End Date or early termination of the Term of this Lease be substantialdeemed or construed to create any tenancy rights for Tenant in the Apartment beyond the End Date or early termination of the Term of this Lease. In addition to any other rights and remedies which may be available to Landlord either pursuant to this Lease or applicable law, will exceed Tenant shall pay, and be liable for the payment of, monthly use and occupancy for the Apartment in an amount equal to double the amount of the monthly installments Rent set forth in this Lease. The acceptance by Rent payable hereunder, and will be impossible to measure accurately. Landlord of any payments from Tenant therefore agrees that if possession of after the Demised Premises is not surrendered to Landlord upon the expiration date End Date or earlier early termination of the Lease, in addition to any other rights or remedies Landlord may have hereunder or at law, Tenant shall pay to Landlord, as Rent for each month and for each portion of any month during which Tenant holds over in the Demised Premises after the expiration date or sooner termination of this Lease, a sum equal to 150% of the aggregate of that portion of the Rent that was payable under this Lease during the last full month prior to the expiration or termination, whichever is applicable. During any holdover period and except as otherwise provided herein, Tenant shall become a month-to- month tenant and shall remain subject to all of the terms, responsibilities and covenants contained herein except as to the Rent and Term of this Lease as provided herein. Landlord shall have not be deemed or construed to create any tenancy rights for Tenant in the right Apartment, unless otherwise agreed to terminate any such holdover occupancy in writing by giving Tenant thirty (30) days written notice. Nothing herein contained Landlord, and shall be deemed to permit represent payment of use and occupancy by Tenant to retain possession for the Apartment. Landlord may accept partial payments of use and occupancy for the Demised Premises Apartment after the expiration date End Date or sooner early termination of the Lease. The provisions Term of this paragraph shall survive Lease without waiving Landlords rights to seek and obtain payment of the expiration date or sooner termination balance of use and occupancy payments otherwise due and payable under this Lease.

Appears in 1 contract

Samples: Market Apartment Lease

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FAILURE TO SURRENDER POSSESSION. The parties recognize and agree that the damage to Landlord resulting from any failure by Tenant Xxxxxx to timely surrender possession of the Demised Premises will be substantial, will exceed the amount of the monthly installments by Rent Xxxx payable hereunder, and will be impossible to measure accurately. Tenant Xxxxxx therefore agrees that if possession of the Demised Premises is not surrendered to Landlord upon the expiration date or earlier termination of the Lease, in addition to any other rights or remedies Landlord may have hereunder or at law, Tenant shall pay to Landlord, as Rent for each month and for each portion of any month during which Tenant holds over in the Demised Premises after the expiration date or sooner termination of this Lease, a sum equal to 150% of the aggregate of that portion of the Rent that was payable under this Lease during the last full month prior to the expiration or termination, whichever is applicable. During any holdover period and except as otherwise provided herein, Tenant shall become a month-to- month tenant and shall remain subject to all of the terms, responsibilities and covenants contained herein except as to the Rent and Term of this Lease as provided herein. Landlord shall have the right to terminate any such holdover occupancy by giving Tenant thirty (30) days written notice. Nothing herein contained shall be deemed to permit Tenant to retain possession of the Demised Premises after the expiration date or sooner termination of the Lease. The provisions of this paragraph shall survive the expiration date or sooner termination of this Lease.

Appears in 1 contract

Samples: Office Building Lease Agreement

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