Common use of HOLDOVER TENANCY Clause in Contracts

HOLDOVER TENANCY. If Lessee holds possession of the Premises after the Expiration Date of this Lease, Lessee shall (i) become a tenant from month to month under the provisions herein provided, but at one hundred and fifty percent (150%) of the monthly Fixed Basic Rental for the last month of the Term, plus the Additional Rent, for the first month of Lessee's holding over and two hundred percent (200%) of the monthly Fixed Basic Rent for the last month of the Term, plus the Additional Rent, thereafter, which shall continue as provided in the Lease which sum shall be payable in advance on the first day of each month, and without the requirement for demand or notice by Lessor to Lessee demanding delivery of possession of said Premises, and such tenancy shall continue until terminated by Lessor, or until Lessee shall have given to Lessor, at least sixty (60) days prior to the intended date of termination, a written notice of intent to terminate such tenancy, which termination date must be as of the end of a calendar month; and (ii) indemnify Lessor against loss or liability resulting from the delay by Lessee in so surrendering the Premises including, without limitation, any claims made by any succeeding occupant founded on such delay. Lessee's obligations under this Section shall survive the expiration or sooner termination of the Lease. The time limitations described in this Section 25 shall not be subject to extension for Force Majeure.

HOLDOVER TENANCY. If Lessee holds possession of the Premises after the Expiration Date of this Lease, Lessee shall (i) become a tenant from month to month under the provisions herein provided, but at one hundred and fifty percent (150%) of the monthly Fixed Basic Rental Rent for the last month of the Term, plus the Additional Rent, for the first month two (2) months of Lessee's holding over and two hundred percent (200%) of the monthly Fixed Basic Rent for the last month of the Term, plus the Additional Rent, thereafter, which shall continue as provided in the Lease which sum shall be payable in advance on the first day of each month, and without the requirement for demand or notice by Lessor to Lessee demanding delivery of possession of said Premises, and such tenancy shall continue until terminated by Lessor, or until Lessee shall have given to Lessor, at least sixty thirty (6030) days prior to the intended date of termination, a written notice of intent to terminate such tenancy, which termination date must be as of the end of a calendar month; and (ii) indemnify Lessor against loss or liability resulting from the delay by Lessee in so surrendering the Premises including, without limitation, any claims made by any succeeding occupant founded on such delay. Lessee's obligations under this Section shall survive the expiration or sooner termination of the Lease. The time limitations described in this Section Article 25 shall not be subject to extension for Force Majeure.

HOLDOVER TENANCY. If Lessee holds possession of the Premises after the Expiration Date Term of this Lease, Lessee Lessee, at Lessor’s option, shall (i) become a tenant from month to month under the provisions herein provided, but at one hundred and fifty percent (150%) of the monthly Fixed Basic Rental for the last month of the Term, plus the Additional Rent, for the first month of Lessee's holding over and two hundred percent (200%) of the monthly a Monthly Fixed Basic Rent for the last month of the Term, plus the Additional Rent, thereafter, which shall continue as provided in the Lease which sum shall be payable in advance on the first day of each month, for pursuant to N.J.S.A. 2A:42-6 and without the requirement for demand or notice by Lessor to Lessee demanding delivery of possession of said PremisesPremises (but Additional Rent shall continue as provided in this Lease), which sum shall be payable in advance on the first day of each month, and such tenancy shall continue until terminated by LessorLessor by notice to Lessee given at least thirty (30) days prior to the intended date of termination, or until Lessee shall have given to Lessor, at least sixty (60) days prior to the intended date of termination, a written notice of intent to terminate such tenancy, which termination date must be as of the end of a calendar month; . Lessee shall pay Term Fixed Basic Rent and (ii) indemnify Additional Rent until such alterations and corrections as are required to be made by Lessee are made, and until such additions and improvements as Lessee is entitled to remove have been removed. Lessee shall also pay all damages sustained by Lessor against from any loss or liability resulting from the such holding over and delay by Lessee in so surrendering the Premises including, without limitation, any claims made by any succeeding occupant founded on such delay. Lessee's obligations under this Section shall survive the expiration or sooner termination of the Leasesurrender. The time limitations described in this Section 25 27 shall not be subject to extension for Force Majeure.

HOLDOVER TENANCY. If Lessee holds possession of the Premises after the Expiration Date of this Lease, Lessee shall (i) become a tenant from month to month under the provisions herein provided, but at one hundred and fifty percent (150%) of the monthly Fixed Basic Rental Rent for the last month of the Term, plus the Additional Rent, for the first month of Lessee's lessee’s holding over and two hundred percent (200%) of the monthly Fixed Basic Rent Rental for the last month of the Term, term plus the Additional Rent, thereafter, which shall continue as provided in the Lease which sum shall be payable in advance on the first day of each month, and without the requirement for demand or notice by Lessor to Lessee demanding delivery of possession of said Premises, and such tenancy shall continue until terminated by Lessor, or until Lessee shall have given to Lessor, at least sixty (60) days prior to the intended date of termination, a written notice of intent to terminate such tenancy, which termination date must be as of the end of a calendar month; and (ii) indemnify Lessor against loss or liability resulting from the delay by Lessee in so surrendering the Premises including, without limitation, any claims made by any succeeding occupant founded on such delay. Lessee's ’s obligations under this Section shall survive the expiration or sooner termination of the Lease. The time limitations described in this Section Article 25 shall not be subject to extension for Force Majeure.

HOLDOVER TENANCY. If Lessee holds possession of the Premises after the Expiration Date of this Lease, Lessee shall (i) become a tenant from month to month under the provisions herein provided, but at one hundred and fifty percent (150%) of twice the monthly Fixed Basic Rental fixed basic rental for the last month of the Term, term plus the Additional Rent, for the first month of Lessee's holding over and two hundred percent (200%) of the monthly Fixed Basic Rent for the last month of the Term, plus the Additional Rent, thereafter, which shall continue as provided in the Lease which sum shall be payable in advance on the first day of each month, and without the requirement for demand or notice by Lessor to Lessee demanding delivery of possession of said Premises, and such tenancy shall continue until terminated by Lessor, or until Lessee shall have given to Lessor, at least sixty (60) days prior to the intended date of termination, a written notice of intent to terminate such tenancy, which termination date must be as of the end of a calendar month; and (ii) indemnify Lessor against loss lost or liability resulting from the delay by Lessee in so surrendering the Premises including, without limitation, any claims made by any succeeding occupant founded on such delay. Lessee's ’s obligations under this Section shall survive the expiration or sooner termination of the Lease. The time limitations described in this Section Article 25 shall not be subject to extension for Force Majeure.

HOLDOVER TENANCY. If Lessee holds possession of the Premises after the Expiration Date Term of this Lease, Lessee shall (i) become a tenant Lessee from month to month under the provisions herein provided, but at one hundred and fifty percent (150%) a Monthly Basic Rent equal to the greater of the monthly Fixed Basic Rental for the last month fair market value of the Term, plus the Additional Rent, for the first month of Lessee's holding over and Premises or two hundred percent (200%) percent of the monthly Fixed Monthly Basic Rent for payable during the last full calendar month of the Term, plus the Additional Rent, thereafter, which shall continue as provided in the Lease which sum shall be payable in advance on the first day of each month, Term and without the requirement for demand or notice by Lessor to Lessee demanding delivery of possession of said PremisesPremises (but Additional Rent shall continue as provided in this Lease), which sum shall be payable in advance on the first day of each month, and such tenancy shall continue until terminated by Lessor, or until Lessee shall have given to Lessor, at least sixty thirty (6030) days prior to the intended date of termination, a written notice of intent to terminate such tenancy, which termination date must be as of the end of a calendar month; and (ii) indemnify Lessor against loss or liability resulting from the delay by Lessee in so surrendering the Premises including, without limitation, any claims made by any succeeding occupant founded on such delay. Lessee's obligations under this Section shall survive the expiration or sooner termination of the Lease. The time limitations described in this Section 25 24 shall not be subject to extension for Force Majeure. Nothing herein contained shall be deemed to be a consent or waiver by Lessor to a holdover by Lessee after the expiration or sooner termination of this Lease. Lessee shall be liable for any and all damages incurred by Lessor as a direct result of Lessee holding over following the expiration or sooner termination of this Lease.

HOLDOVER TENANCY. If Lessee holds possession of the Premises after the Expiration Date Term of this Lease, Lessee Lessee, at Lessor's option, shall (i) become a tenant from month to month under the provisions herein provided, but at a Monthly Fixed Basic Rent of one hundred and fifty percent (150%) percent of the monthly prior month's Monthly Fixed Basic Rental for the last month of the Term, plus the Additional Rent, for the first month of Lessee's holding over and two hundred percent (200%) of the monthly Fixed Basic Rent for the last month of the Term, plus the Additional Rent, thereafter, which shall continue as provided in the Lease which sum shall be payable in advance on the first day of each month, and without the requirement for demand or notice by Lessor to Lessee demanding delivery of possession of said PremisesPremises (but Additional Rent shall continue as provided in this Lease), which sum shall be payable in advance on the first day of each month, and such tenancy shall continue until terminated by LessorLessor by notice to Lessee given at least thirty (30) days prior to the intended date of termination, or until Lessee shall have given to Lessor, at least sixty (60) days prior to the intended date of termination, a written notice of intent to terminate such tenancy, which termination date must be as of the end of a calendar month; . Lessee shall pay Term Fixed Basic Rent and (ii) indemnify Additional Rent until such alterations and corrections as are required to be made by Lessee are made, and until such additions and improvements as Lessee is entitled to remove have been removed. Lessee shall also pay all damages sustained by Lessor against from any loss or liability resulting from the such holding over and delay by Lessee in so surrendering the Premises including, without limitation, any claims made by any succeeding occupant founded on such delay. Lessee's obligations under this Section shall survive the expiration or sooner termination of the Leasesurrender. The time limitations described in this Section 25 27 shall not be subject to extension for Force Majeure.

HOLDOVER TENANCY. If Lessee holds possession of the Premises after the Expiration Date of this Lease, Lessee shall (i) become a tenant from month to month under the provisions herein provided, but at one hundred and fifty percent (150%) of the monthly Fixed Basic Rental fixed basic rental for the last month of the Term, term plus the Additional Rent, Rent for the first month of Lessee's holding over and two hundred percent (200%) of the monthly Fixed Basic Rent fixed basic rental for the last month of the Term, term plus the Additional Rent, thereafter, Rent thereafter which shall continue as provided in the Lease which sum shall be payable in advance on the first day of each month, and without the requirement for demand or notice by Lessor to Lessee demanding delivery of possession of said Premises, and such tenancy shall continue until terminated by Lessor, or until Lessee shall have given to Lessor, at least sixty thirty (6030) days prior to the intended date of termination, a written notice of intent to terminate such tenancy, which termination date must be as of the end of a calendar month; and (ii) indemnify Lessor against loss or liability actual damages incurred by Lessor resulting from the delay by Lessee in so surrendering the Premises including, without limitation, any actual damages incurred by Lessor resulting from claims made by any succeeding occupant of whom Lessor gives Lessee notice founded on such delay. Lessee's obligations under this Section shall survive the expiration or sooner termination of the Lease. The time limitations described in this Section 25 shall not be subject to extension for Force Majeure.the

HOLDOVER TENANCY. If Lessee holds possession of the Premises after the Expiration Date of this Lease, Lessee shall shall: (i) become a tenant lessee from month to - to-month under the provisions herein provided, but at one hundred and fifty percent (150%) of the monthly Fixed Basic Rental Rental, which was payable for the last month of the Term, plus the Additional Rent, for the first month two (2) months of Lessee's holding over and two hundred percent (200%) of the monthly Fixed Basic Rent Rent, which was payable for the last month of the Term, plus the Additional Rent, thereafter, which shall continue as provided in the this Lease and which sum shall be payable in advance on the first (1st) day of each month, and without the requirement for demand or notice by Lessor to Lessee demanding delivery of possession of said Premises, and such tenancy shall continue until terminated by Lessor, or until Lessee shall have given to Lessor, at least sixty thirty (6030) days prior to the intended date of termination, a written notice of intent to terminate such tenancy, which termination date must be as of the end of a calendar month; and (ii) indemnify Lessor against loss or liability resulting from the delay by Lessee in so surrendering the Premises Premises, including, without limitation, any claims made by any succeeding occupant founded on such delay, provided Lessor notifies Lessee thereof. Lessee's obligations under this Section shall survive the expiration or sooner termination of the Lease. The time limitations described in this Section Article 25 shall not be subject to extension for Force Majeure.

HOLDOVER TENANCY. If Lessee holds possession of the Premises after the Expiration Date of this Lease, Lessee shall (i) become a tenant from month to month under the provisions herein provided, but at one hundred and fifty seventy-five percent (150175%) of the monthly Fixed Basic Rental Rent for the last month of the Term, plus the Additional Rent, for the first month of Lessee's holding over and two hundred percent (200%) of the monthly Fixed Basic Rent for the last month of the Term, plus the Additional Rent, thereafter, which shall continue as provided in the Lease which sum shall be payable in advance on the first day of each month, and without the requirement for demand or notice by Lessor to Lessee demanding delivery of possession of said Premises, and such tenancy shall continue until terminated by Lessor, or until Lessee shall have given to Lessor, at least sixty (60) days prior to the intended date of termination, a written notice of intent to terminate such tenancy, which termination date must be as of the end of a calendar month; and (ii) indemnify Lessor against loss or liability resulting from the delay by Lessee in so surrendering the Premises including, without limitation, any claims made by any succeeding occupant founded on such delay. Lessee's obligations under this Section shall survive the expiration or sooner termination of the Lease. The time limitations described in this Section 25 shall not be subject to extension for Force Majeure.

HOLDOVER TENANCY. If Lessee holds possession of the Premises after the Expiration Date of this Lease, Lessee shall (i) become a tenant from month to month under the provisions herein provided, but at one hundred and fifty percent (150%) of the monthly Fixed Basic Rental Rent for the last month of the Term, Term plus the Additional Rent, for the first month six (6) months of Lessee's ’s holding over and two hundred percent (200%) of the monthly Fixed Basic Rent for the last month of the TermTerm thereafter, plus the Additional Rent, thereafter, which shall continue as provided in the Lease which sum shall be payable in advance on the first day of each month, and without the requirement for demand or notice by Lessor to Lessee demanding delivery of possession of said Premises, and such tenancy shall continue until terminated by Lessor, or until Lessee shall have given to Lessor, at least sixty thirty (6030) days prior to the intended date of termination, a written notice of intent to terminate such tenancy, which termination date data must be as of the end of a calendar month; and (ii) indemnify Lessor against loss or liability resulting from the delay by Lessee in so surrendering the Premises including, without limitation, any claims made by any succeeding occupant founded on such delay. month Lessee's ’s obligations under this Section shall survive the expiration or sooner termination of the Lease. The time limitations described in this Section 25 Article shall not be subject to extension for Force Majeure.

HOLDOVER TENANCY. If Lessee holds possession of the Premises Building after the Expiration Date of this LeaseDate, Lessee shall (i) become a tenant from month to month under the provisions herein provided, but at (a) with no increase whatsoever in the Fixed Basic Rent and/or Additional Rent (other than the escalations set forth in Article 23 hereof) during the first three months of such holding over and (b) Lessee shall thereafter pay the sum of one hundred and fifty percent (150%) of the monthly Fixed Basic Rental for the last month of the Term, plus the Additional Rent, for the first month of Lessee's holding over and two hundred percent (200%) of the monthly Fixed Basic Rent for the last month of the Term, plus one hundred percent (100%) of the Additional Rent. The increased amount shall be liquidated damages, thereafterand, which shall continue as provided in either case, the Lease which sum foregoing amounts shall be payable in advance on the first day of each month, ,: and without the requirement for demand or notice by Lessor to Lessee demanding delivery of possession of said Premises, and such tenancy shall continue until terminated by LessorLessor on thirty (30) days written notice of intent to terminate, or until Lessee shall have given to Lessor, at least sixty thirty (6030) days prior to the intended date of termination, a written notice of intent to terminate such tenancy, which termination date date, in either case, must be as of the end of a calendar month; and (ii) indemnify Lessor against loss or liability resulting from the delay by Lessee in so surrendering the Premises including, without limitation, any claims made by any succeeding occupant founded on such delay. Lessee's obligations under this Section shall survive the expiration or sooner termination of the Lease. The time limitations described in this Section Article 25 shall not be subject to extension for Force Majeure.

HOLDOVER TENANCY. a. If Lessee holds possession of the Premises after the Expiration Date of this Lease, Lessee shall shall: (i) become a tenant lessee from month to month-to-month under the provisions herein provided, but at one hundred and fifty percent (150%) of the monthly Fixed Basic Rental for the last month of the Term, plus the Additional Rent, for the first (1st) month of Lessee's holding over and two hundred percent (200%) of the monthly Fixed Basic Rent for the last month of the Term, plus the Additional Rent, thereafter, which shall continue as provided in the this Lease and which sum shall be payable in advance on the first (1st) day of each month, and without the requirement for demand or notice by Lessor to Lessee demanding delivery of possession of said Premises, and such tenancy shall continue until terminated by Lessor, or until Lessee shall have given to Lessor, at least sixty thirty (6030) days prior to the intended date of termination, a written notice of intent to terminate such tenancy, which termination date must be as of the end of a calendar month; and (ii) indemnify Lessor against loss or liability resulting from the delay by Lessee in so surrendering the Premises Premises, including, without limitation, any claims made by any succeeding occupant founded on such delay, provided that Lessor notifies Lessee thereof. Lessee's obligations under this Section shall survive the expiration or sooner termination of the Lease. The time limitations described in this Section Article 25 shall not be subject to extension for Force Majeure.

HOLDOVER TENANCY. If Lessee holds possession of the Premises after the Expiration Date of this Lease, Lessee shall (i) become a tenant from month to month under the provisions herein provided, but at one hundred and fifty seventy-five percent (150175%) of the monthly Fixed Basic Rental Rent for the last month of the Term, plus the Additional Rent, for the first month four (4) months of Lessee's holding over and two hundred percent (200%) of the monthly Fixed Basic Rent for the last month of the Term, plus the Additional Rent, thereafter, which shall continue as provided in the Lease which sum shall be payable in advance on the first day of each month, and without the requirement for demand or notice by Lessor to Lessee demanding delivery of possession of said Premises, and such tenancy shall continue until terminated by Lessor, or until Lessee shall have given to Lessor, at least sixty (60) days prior to the intended date of termination, a written notice of intent to terminate such tenancy, which termination date must be as of the end of a calendar month; and (ii) indemnify Lessor against loss or liability resulting from the delay by Lessee in so surrendering the Premises including, without limitation, any claims made by any succeeding occupant founded on such delay. Lessee's obligations under this Section shall survive the expiration or sooner termination of the Lease. The time limitations described in this Section Article 25 shall not be subject to extension for Force Majeure.

HOLDOVER TENANCY. If Lessee holds possession of the Premises after the Expiration Date Term of this Lease, Lessee Lessee, at Lessor's option, shall (i) become a tenant from month to month under the provisions herein provided, but at one hundred and fifty percent (150%) of the monthly Fixed Basic Rental for the last month of the Term, plus the Additional Rent, for the first month of Lessee's holding over and two hundred percent (200%) of the monthly a Monthly Fixed Basic Rent for the last month of the Term, plus the Additional Rent, thereafter, which shall continue as provided in the Lease which sum shall be payable in advance on the first day of each month, for pursuant to N.J.S.A. 2A:42-8 and without the requirement for demand or notice by Lessor to Lessee demanding delivery of possession of said PremisesPremises (but Additional Rent shall continue as provided in this Lease), which sum shall be payable in advance on the first day of each month, and such tenancy shall continue until terminated by LessorLessor by notice to Lessee given at least thirty (30) days prior to the intended date of termination, or until Lessee shall have given to Lessor, at least sixty (60) days prior to the intended date of termination, a written notice of intent to terminate such tenancy, which termination date must be as of the end of a calendar month; . Lessee shall pay Term Fixed Basic Rent and (ii) indemnify Additional Rent until such alterations and corrections as are required to be made by Lessee are made, and until such additions and improvements as Lessee is entitled to remove have been removed. Lessee shall also pay all damages sustained by Lessor against from any loss or liability resulting from the such holding over and delay by Lessee in so surrendering the Premises including, without limitation, any claims made by any succeeding occupant founded on such delay. Lessee's obligations under this Section shall survive the expiration or sooner termination of the Leasesurrender. The time limitations described in this Section 25 27 shall not be subject to extension for Force Majeure.

HOLDOVER TENANCY. If Lessee holds possession of the Premises after the Expiration Date Term of this Lease, Lessee shall (i) become a tenant from month to month under the provisions herein provided, but at a Monthly Fixed Basic Rent of one hundred and fifty percent (150%) percent of the monthly Fixed Basic Rental for the last month of the Term, plus the Additional Rent, for the first month of Lessee's holding over and two hundred percent (200%) of the monthly Monthly Fixed Basic Rent for the last month of the Term, plus Term (as the Additional Rent, thereafter, which shall continue as provided in the Lease which sum shall be payable in advance on the first day of each month, same may have been extended pursuant to any option) and without the requirement for demand or notice by Lessor to Lessee demanding delivery of possession of said PremisesPremises (but Additional Rent shall continue as provided in this Lease), which sum shall be payable in advance on the first day of each month, and such tenancy shall continue until terminated by Lessor, or until Lessee shall have given to Lessor, at least sixty (60) days prior to the intended date of termination, a written notice of intent to terminate such tenancy, which termination date must be as of the end of a calendar month; . Lessee shall pay Term Fixed Basic Rent and (ii) indemnify Additional Rent until such alterations and corrections as are required to be made by Lessee are made, and until such additions and improvements as Lessee is entitled to remove have been removed. Lessee shall also pay all damages sustained by Lessor against from any loss or liability resulting from the such holding over and delay by Lessee in so surrendering the Premises including, without limitation, any claims made by any succeeding occupant founded on such delay. Lessee's obligations under this Section shall survive the expiration or sooner termination of the Leasesurrender. The time limitations described in this Section 25 27 shall not be subject to extension for Force Majeure.