Surrender at Termination. Upon termination of this Lease, whether by the lapse of time or otherwise, ▇▇▇▇▇▇ will surrender the Leased Premises to Landlord, maintained in the manner herein required. If Tenant retains possession of the Leased Premises or any part thereof after the termination of this Lease, then in addition to its other rights and remedies provided by law, Landlord, at its sole discretion, may elect to treat the retention of possession as constituting a renewal of this Lease, and so bind Tenant, on a month-to-month basis on the same terms and conditions as expressed herein, except that the monthly rent will automatically be increased to twice the rent in effect for the month immediately preceding the commencement of the holding over. The provisions of this paragraph do not exclude Landlord’s rights of re-entry or any other rights or remedies provided or allowed by law herein.
Appears in 2 contracts
Sources: Lease Agreement, Lease Agreement
Surrender at Termination. Upon termination of this Lease, whether by the lapse of time or otherwise, ▇▇▇▇▇▇ will surrender the Leased Premises to LandlordAgent, maintained in the manner herein required. If Tenant retains possession of the Leased Premises or any part thereof after the termination of this Lease, then in addition to its other rights and remedies provided by law, LandlordAgent, at its sole discretion, may elect to treat the retention of possession as constituting a renewal of this Lease, and so bind Tenant, on a month-to-month basis on the same terms and conditions as expressed herein, except that the monthly rent will automatically be increased to twice the rent in effect for the month immediately preceding the commencement of the holding over. The provisions of this paragraph do not exclude LandlordAgent’s rights of re-entry or any other rights or remedies provided or allowed by law herein.
Appears in 2 contracts
Sources: Lease Agreement, Lease Agreement
Surrender at Termination. Upon termination of this Lease, whether by the lapse of time or otherwise, ▇▇▇▇▇▇ will shall surrender the Leased Premises to LandlordAgent, maintained in the manner herein required. If Tenant retains possession of the Leased Premises or any part thereof after the termination of this Lease, whether terminated by lapse of time or otherwise, then in addition to its other rights and remedies provided by law, Landlord, at its sole discretion, Agent may elect to treat the such retention of possession as constituting a renewal of this Lease, and so bind Tenant, on a month-to-month basis on the same terms and conditions as expressed herein, except that the monthly rent will shall automatically be increased to twice the rent in effect for the month immediately preceding the commencement of the holding over. The provisions of this paragraph do not exclude LandlordAgent’s rights of re-entry or any other rights or remedies provided or allowed by law herein.
Appears in 2 contracts
Sources: Lease Agreement, Lease Agreement
Surrender at Termination. Upon termination of this Lease, whether by the lapse of time or otherwise, ▇▇▇▇▇▇ will surrender the Leased Premises to LandlordAgent, maintained in the manner herein required. If Tenant retains possession of the Leased Premises or any part thereof after the termination of this Lease, then in addition to its other rights and remedies provided by law, Landlord, at its sole discretion, Agent may elect to treat the retention of possession as constituting a renewal of this Lease, and so bind Tenant, on a month-to-month basis on the same terms and conditions as expressed herein, except that the monthly rent will automatically be increased to twice the rent in effect for the month immediately preceding the commencement of the holding over. The provisions of this paragraph do not exclude LandlordAgent’s rights of re-entry or any other rights or remedies provided or allowed by law herein.
Appears in 1 contract
Sources: Lease Agreement