HOLDING OVER definition

HOLDING OVER. Any holding over after the end of the Lease Term requires Lessor's written approval prior to the end of the Lease Term, which, notwithstanding any other provisions of this Lease, Lessor may withhold. Such holding over shall be construed to be a tenancy at sufferance from month to month. Lessee shall pay to Lessor monthly base rent equal to one and one-half (1.5) times the monthly base rent installment due in the last month of the Lease Term and all other additional rent and all other terms and conditions of the Lease shall apply, so far as applicable. Holding over by Lessee without written approval of Lessor shall subject Lessee to the liabilities and obligations provided for in this Lease and by law, including, but not limited to those in Section 2 of this Lease. Lessee shall indemnify and hold Lessor harmless against any loss or liability resulting from any delay caused by Lessee in surrendering the Premises, including without limitation, any claims made or penalties incurred by any succeeding lessee or by Lessor. No holding over shall be deemed or construed to exercise any option to extend or renew this Lease in lieu of full and timely exercise of any such option as required hereunder.
HOLDING OVER. Any holding over after the expiration of the Term, without the express written consent of Landlord, shall constitute a Default and, without limiting Landlord's remedies provided in this Lease, such holding over shall be construed to be a tenancy at sufferance, at a rental rate of one hundred twenty percent (120%) of the Base Rent last due in this Lease, plus Additional Rent, and shall otherwise be on the terms and conditions herein specified, so far as applicable.
HOLDING OVER. If Client does not surrender possession of the Dedicated Space(s) promptly upon termination of this Agreement and does not have written permission of Operator, Client shall pay Operator for each day of such possession one-fifteenth (1/15th) of the amount of the monthly office fee plus all costs, expenses and damages sustained by Operator as a result of such possession and Client will continue to be bound be all the other terms and conditions of this Agreement.

Examples of HOLDING OVER in a sentence

  • HOLDING OVER For each and every month or portion thereof that you continue to use or occupy the Space after the expiration or earlier termination of this Agreement, you shall pay Host an amount equal to the greater of (A) $2,500 and (B) two times the Monthly Charge.

  • If a tenant holds over after expiration of a lease, the landlord may in every case proceed in any manner permitted by law to remove the tenant and recover damages for such holding over.(2) CREATION OF PERIODIC TENANCY BY HOLDING OVER.

  • The reserve at the end of the year in this cost point came to R 1 699 343.33.

  • The following provisions will survive expiration or termination of this Agreement: Sections 10 (RENT AND FEES), 14 (UNIVERSITY LIABILITY), 17 (TENANT RESPONSIBILITY AND LIABILITY), 23.2 (Smoking-Damages), 26.3 (Pets-Damages), 42 (NOTICES AND COMMUNICATIONS), 43.3.3 (Termination by Tenant-Financial Obligations), 43.4 (Termination-Breach of Agreement), 45 (HOLDING OVER), 46 (ABANDONED PROPERTY), 52 (INDEMNIFICATION), 54 (NONWAIVER), 55 (HEADINGS, CAPTIONS, AND GRAPHICS) and 56 (SURVIVABILITY).

  • HOLDING OVER: In the event the User remains in possession of the premises after the expiration of the Agreement term, or any extension thereof, the Agreement shall be automatically extended on a month to month basis, subject to thirty (30) days termination by either party, and otherwise on the terms and conditions herein specified, so far as applicable.


More Definitions of HOLDING OVER

HOLDING OVER. After the expiration or earlier termination of the term and if Concessionaire remains in possession of the Premises with State's express consent, such possession by Concessionaire shall be deemed to be a temporary tenancy terminable on thirty (30) days written notice given at any time by either party. During such temporary tenancy, the minimum monthly rent shall be increased by 10% over the monthly rent of the last month prior to the expiration or earlier termination of the contract, unless otherwise agreed to in writing by State. Concessionaire shall pay such monthly rent and all other sums required to be paid hereunder monthly on or before the fifteenth day of each month. All other provisions of this contract except those pertaining to the term shall apply to the month‑to-month tenancy. NO RECORDATION; QUITCLAIM
HOLDING OVER. Any possession by Tenant after termination shall not operate to renew or extend the term but shall be consider as a tenancy at sufferance of the Landlord.
HOLDING OVER. Any holding over after the expiration of the term or any validly exercised renewal term shall be construed to be a tenancy from month to month at the rent equal to one hundred fifty (150%) percent of the base and additional rentals and other charges specified herein (prorated on a monthly basis) and shall otherwise be on the terms herein specified so far as applicable.
HOLDING OVER. TENANCY MONTH-TO-MONTH ................................... 21
HOLDING OVER promptly upon Landlord's demand, as provided for hereinabove, it is understood and agreed that Landlord shall be entitled to interest calculated at a daily periodic rate of .0411, an annual percentage rate of Fifteen (15%) percent. Neither the billing nor the collection of use and occupancy charges in the above amount shall be deemed a waiver of any right of Landlord to collect damages for Tenant's failure to vacate the demised premises after the expiration or sooner termination of this Lease. The foregoing shall survive the term of this Lease and any renewals or extensions thereof.
HOLDING OVER. A “hold over” occurs when Xxxxxx fails to vacate Premises by the date the Agreement terminates, or by the date in Tenant’s written move-out notice to Landlord, or by the date of Landlord’s written notice to vacate to Tenant. No holding over is permitted without the written permission of Landlord. Should Tenant hold over without written permission, Tenant shall be liable for double the rent for the period during which Xxxxxx refuses to surrender possession of Premises, according to the Florida Statute 83.58. Tenant shall also be liable for any additional costs suffered by Landlord as the result of such Xxxxxx’s holding over. These additional costs could be substantial and shall include, but not be limited to, all rent for a previously signed commitment of a new Tenant who cannot occupy Premises because of the hold over.
HOLDING OVER. Any holding over after the expiration of the term of this Lease or any renewal hereof shall be construed to be a tenancy from month-to-month at a Minimum Annual Rent equal to twice the Minimum Annual Rent (prorated on a monthly basis); and said tenancy shall otherwise be on the terms, covenants, conditions, and provisions specified in this Lease, to the extent that the foregoing shall be applicable.