Common use of THIRTY-FOURTH Clause in Contracts

THIRTY-FOURTH. If Tenant remains in possession of the premises or any part thereof after expiration of the term hereof, such occupancy shall be a tenancy from month to month upon all of the terms hereof applicable to a month to month tenancy except that the monthly rent shall be increased to 120% of the rent for the last month prior to such expiration. Landlord's failure to object to such holding over shall not constitute a waiver of any of Landlord's rights pursuant to this lease.