Renewal Lease. Prior to the expiration of the term of this Apartment Lease or any renewal term, the Landlord may terminate the Term and offer the Tenant a renewal lease approximately seventy (75) days before the Term ends. The Tenant must serve written notice to the Landlord of the Tenant's acceptance or rejection of the renewal lease not less than forty five (45) days before the Term ends. If Xxxxxx serves written notice to the Landlord that Tenant elects to not renew his/her lease, such notice shall be considered notice of Xxxxxx’s intent to vacate at the end of the Term. If Tenant does not vacate the Apartment at the end of the Term, Tenant shall be liable for double the current monthly rent as a penalty pursuant to N.J.S.A. 2A:42-5, et seq. If the Tenant fails to serve written notice to the Landlord of the Tenant's acceptance or rejection of the renewal lease no less than forty five (45) days before the Term ends, it will be considered a rejection. If Tenant remains in the Apartment after the expiration of the term, all terms and conditions of the Apartment Lease shall remain in effect however the Term shall automatically renew for an additional twelve month term and the monthly rent shall be automatically increased by an amount equal to ten (10%) percent of the current rent. The Tenant shall also deposit with Landlord additional funds on account of the Security Deposit in an amount equal to the lesser of (i) the amount required to make the Security Deposit equal to one and one half times the new rent and (ii) 10% of the current Security Deposit. In addition, if the Tenant serves written notice to the Landlord that the Tenant will not renew his/her Apartment Lease or fails to serve written notice to the Landlord as set forth, the Tenant agrees to allow the Landlord access to the Apartment to show prospective tenants the Apartment in accordance with the procedure established in Paragraph 10 hereinabove. The Tenant further agrees that the renewal of this Apartment Lease by the Landlord does not waive or terminate any proceedings initiated by the Landlord pursuant to N.J.S.A. 2A:18-61.1 et seq. (i.e. Notices to Cease, Notices to Quit, Demand for Possession or an actual Summary Dispossess Proceeding) it being agreed by the Tenant that until the grounds for the eviction are resolved or litigated, the Landlord does not waive its right to continue the process.
Renewal Lease. In the event that we offer you a renewal of this lease, you will answer us within 30 days prior to the expiration of your present lease by either signing the renewal lease that we have offered you or advising us in writing that you plan to vacate the apartment when this lease ends.
Renewal Lease. There is no automatic renewal of the Lease. At the Landlord’s option, the Landlord may offer the Tenant a Renewal Lease to take effect at the end of the present Term. The Renewal Lease may contain reasonable changes, including a change in the Term and/or a change in the rent. The Landlord shall notify the Tenant in writing whether a Renewal Lease will be offered at least 110 days before the end of the Term unless the tenancy is month-to-month. The Tenant must notify the Landlord of the Tenant’s acceptance or rejection of the renewal Lease within 10 days of notice and execute a Renewal Lease within the next 10 days. If the Tenant fails to notify the Landlord of the Tenants acceptance, it will be considered a rejection. If the Tenant does not accept the renewal Lease, the Tenant must vacate the Apartment at the end of the Term and allow Landlord unrestricted access to show the apartment up to 90 days prior to the end of the Lease term. Any actions by the tenant to limit access for shows shall be considered a violation of the lease and result in potential forfeiter of their security deposit.
Renewal Lease. Within ten (10) days after request by either party, the parties shall execute, acknowledge and deliver an instrument confirming that such option has been effectively exercised and confirming the extended Expiration Date of the term of this Lease. The terms and conditions applicable during each such Renewal Term shall be the same terms and conditions as are in effect immediately preceding the commencement of the Renewal Term, except that the Base Rent shall be the fair market rent for the premises at the rate determined in accordance with Paragraph 3(b) hereof and there shall be no further option to extend the term of this Lease beyond the expiration date of the third Renewal Term. Any termination, expiration, cancellation or surrender of this Lease on or prior to the Expiration Date shall terminate the option. Such options may not be severed from this Lease nor separately sold, assigned nor otherwise transferred.
Renewal Lease. (a) Non-Anchor Tenants: Two and one-half (2.5%) percent of net aggregate base rents.
Renewal Lease. The Tenant must be offered a renewal of this Lease by the Landlord, unless the Landlord has good cause not to do so under applicable law. Reasonable changes may be included in the renewal Lease. Not less than days before the expiration of the Term of this lease, the Landlord shall notify the Tenant of the proposed terms for the renewal Lease. Within days after the Tenant receives the Landlords renewal notice, Tenant shall notify Landlord whether Xxxxxx accepts or rejects the proposed renewal Lease. If the Tenant does not notify the Landlord of Tenant's acceptance, then the Landlord's proposal shall be considered to have been rejected. If the Tenant does not accept the renewal Lease, the Tenant must vacate the Property at the end of the Term.
Renewal Lease. The Landlord must offer the Tenant a renewal Lease to take effect at the end of the term UNLESS the Landlord has good cause as defined by law. The renewal Lease must contain reasonable changes, including changes to the Term or Rent. If the Landlord must offer a renewal Lease, the Landlord must notify the Tenant of the renewal Lease at least two (2) full calendar months before the end of the term. The Tenant must notify the Landlord of the Tenant’s acceptance or rejection of the renewal Lease at least one (1) full calendar month before the end of the term. If the Tenant fails to notify the Landlord of the Tenant’s acceptance or rejection prior to one (1) full calendar month before the end of the term, it will be considered an acceptance and the Tenant shall be responsible for the Rent and all other changes in the Lease for an additional full term. If the Tenant does not accept the renewal Lease, the Tenant must vacate the premises at the end of the term. However, the Tenant shall be responsible to give the Landlord at least one (1) calendar month’s notice that he/she is vacating the rental property at the end of the term.
Renewal Lease. Re: Xxxx 00 Xxxxxxx Xxxxxxxxxx Xxxxxx, 7 Tournament Way Smisby Road Xxxxx De La Zouch Xxxxxxxxxxxxxx XX00 0XX THIS LEASE is made the 25th day of January, 0000
Renewal Lease. In the event that we offer you a renewal of this lease, you will answer us within 30 days prior to the expiration of your present lease by either signing the renewal lease that we have offered you or advising us in writing that you plan to vacate the apartment when this lease ends. If you decide to vacate your apartment at any time during your tenancy, you will provide a minimum of 30 days written notice of your intent to vacate to the Stamford Office and agree to pay rent through the last day of the month in which you remain in the apartment.
Renewal Lease. (a) If the Tenant wishes to take a further lease of the Premises from the expiry of the Contractual Term of this Lease then provided that:
