No Right To Holdover. Lessee has no right to retain possession of the Premises or any part thereof beyond the expiration or earlier termination of the Lease. In the event that Lessee holds over in violation of this Paragraph 26 then the Base Rent payable from and after the time of the expiration or earlier termination of this Lease shall be increased to after the second month of Holdover to one hundred twenty five percent, of the Base Rent applicable during the month immediately preceding such expiration or earlier termination. Nothing contained herein shall be construed as a consent by Lessor to any holding over by Lessee. Lessee shall be responsible for any actual damages incurred by Lessor due to Lessee's Holdover.
Appears in 4 contracts
Samples: Stock Option Agreement, Stock Option Agreement, Amerigon Inc
