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

Sources: Office Space Lease Agreement (Inno Holdings Inc.), Commercial Lease Agreement (First Person Ltd.), Percentage Rent Lease Agreement

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 36 contracts

Sources: Industrial Commercial Lease Agreement, Industrial Commercial Lease Agreement, 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

Sources: Lease Agreement, Lease Agreement, Commercial Lease Agreement

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

Sources: Commercial Lease Agreement

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

Sources: Commercial Lease Agreement