Common use of Holdover Clause in Contracts

Holdover. Should Lessee remain in possession of the Premises after the cancellation, expiration or sooner termination of the Lease, or any renewal thereof, without the execution of a new Lease or addendum, such holding over in the absence of a written agreement to the contrary shall be deemed, if Lessor so elects, to have created and be construed to be a tenancy from month to month, terminable upon thirty (30) days’ notice by either party.

Appears in 140 contracts

Samples: Maine Commercial Lease, Indiana Commercial Lease Agreement, South Dakota Commercial Lease

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Holdover. Should Lessee remain in possession of the Premises after the cancellation, expiration expiration, or sooner termination of the Leasethis Agreement, or any renewal thereof, without the execution of a new Lease agreement or addendum, such holding over in the absence of a written agreement to the contrary shall be deemed, if Lessor so elects, to have created and be construed to be a tenancy from month to month, terminable upon thirty (30) days’ notice by either party.

Appears in 32 contracts

Samples: Pennsylvania Commercial Lease Agreement, Texas Commercial Lease Agreement, Kansas Commercial Lease Agreement

Holdover. Should Lessee remain in possession of the Premises after the cancellation, expiration or sooner termination of the Lease, or any renewal thereof, without the execution of a new Lease or addendum, such holding over in the absence of a written agreement to the contrary shall be deemed, if Lessor so elects, to have created and be construed to be a tenancy from month to month, terminable upon thirty (30) days’ notice by either party.thirty

Appears in 6 contracts

Samples: Commercial Lease Agreement, Rent Lease Agreement, Commercial Lease

Holdover. Should Lessee remain in possession of the Premises premises after the cancellation, expiration or sooner termination of the Lease, or any renewal thereof, without the execution of a new Lease or addendum, such holding over in the absence of a written agreement to the contrary shall be deemed, if Lessor so elects, to have created and be construed to be a tenancy from month to month, terminable upon thirty (30) days’ days notice by either party.

Appears in 1 contract

Samples: Commercial Lease Agreement

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Holdover. Should Lessee remain in possession of the Premises premises after the cancellation, expiration or sooner termination of the Lease, or any renewal thereof, without the execution of a new Lease or addendum, such holding over in the absence of a written agreement to the contrary shall be deemed, if Lessor so elects, deemed to have created and be construed to be a tenancy from month to month, terminable upon thirty (30) days’ days notice by either party.

Appears in 1 contract

Samples: Texas Commercial Lease Agreement

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