HOLDOVER BY TENANT. Should the Tenant remain in possession of the Property after the natural expiration of the Term, a tenancy at will on a month-to-month basis shall be created between the Landlord and the Tenant which shall be subject to all terms and conditions hereof but shall be terminated on thirty (30) days written notice served by the Landlord or the Tenant to the other party.
Appears in 7 contracts
Samples: Lease Agreement (Diamondback Energy Services, Inc.), Lease Agreement (Diamondback Energy Services, Inc.), Lease Agreement (Diamondback Energy Services, Inc.)
HOLDOVER BY TENANT. Should the Tenant remain in possession of the Property after the natural expiration of the Term, a tenancy at will on a month-to-month basis shall be created between the Landlord and the Tenant which shall be subject to all terms and conditions hereof but except that the Rent payable thereafter shall be increased an amount that is 150% of the Rent for the last month of the Term. The month-to-month tenancy shall be terminated on thirty (30) days written notice served by the Landlord or the Tenant to the other party.
Appears in 5 contracts
Samples: Lease Agreement (Great White Energy Services, Inc.), Lease Agreement (Great White Energy Services, Inc.), Lease Agreement (Great White Energy Services, Inc.)
