HOLDOVER BY TENANT. In the event Tenant remains in possession of the Premises after the expiration of this Lease, and without the execution of a new lease, then Tenant shall be deemed to be occupying the Premises as a tenant at will, at two hundred percent (200%) of the Rent that was payable by Tenant during the last month of the Lease Term, subject to all the other conditions, provisions and obligations of this Lease, insofar as the same are applicable to such tenancy.
Appears in 2 contracts
Samples: Strategic Alliance Agreement (Nationsrent Inc), Strategic Alliance Agreement (Nationsrent Inc)
HOLDOVER BY TENANT. In the event Tenant remains in possession of the Leased Premises after the expiration of this Leasethe tenancy created hereunder, and without the execution of a new lease, then Tenant shall be deemed to be occupying the Leased Premises as a tenant from month-to-month at will, at two hundred percent One Hundred Fifty Percent (200150%) of the Fixed Minimum Rent that was payable by Tenant during the last month of the Lease Term, subject to all the other conditions, provisions and obligations of this Lease, Lease insofar as the same are applicable to such a month-to-month tenancy.
Appears in 2 contracts
Samples: Center Lease Agreement, legistarweb-production.s3.amazonaws.com