Holdover Rent definition

Holdover Rent means the sum of (i) 200% of the monthly base rent amount in effect on the termination date of this Lease (150% for the first thirty days of holdover) plus (ii) your proportionate share of Operating Costs plus (iii) all sales tax required to be collected thereon.

Holdover Rent means 200% of the rent in effect under the Real Property Lease for the period immediately prior to such vacation or eviction.

Holdover Rent shall have the meaning set forth in Section 20.3.

Examples of Holdover Rent in a sentence

• Holdover Rent will commence with the first day following the end of the Term.

• Should Resident remain in possession of the Unit without written consent of Landlord after the expiration of this Lease, Resident will be required to pay Holdover Rent in the amount of $175.00 per day, along with any other amounts owed.

• The parties agree that the Holdover Rent shall not be deemed as a penalty but rather as bargained for liquidated damages in order to compensate the City for Lessee’s unlawful holdover of the Demised Premises.

• For this period, the calculation of the Holdover Rent reimbursable by Landlord as provided herein shall be as follows: the sum of the Actual Charges less the sum of the Minimum Annual Rent and Annual Operating Expenses under this Lease.

• Should the Tenant continue to occupy the Premises after the effective date of termination, per proper notice by either party, the Tenant will be considered as “holding over” and the new monthly rent, known as Holdover Rent, shall be twice the amount as last charged prior to termination.

More Definitions of Holdover Rent

Holdover Rent has the meaning set forth in Section 3.1 of the Lease. ------------- ----------- "Indebtedness" of any Person means, without duplication: ------------

Holdover Rent means, for each month or partial month that Tenant holds over, 150% of the Minimum Rent payable by Tenant during the last month of the term plus 150% of the Additional Rent payable by Tenant during the last six months of the term.

Holdover Rent. The greater of: [*] of Rent or the fair market rent for the Space with other standard holdover provisions.

Holdover Rent is defined as the difference between the normal monthly rent that Tenant is currently paying as of January 1, 1989 and the rent Tenant is paying as of April 1, 1989. The Holdover Rent shall be verified by delivery, by Tenant to Landlord, of the holdover lease agreement. All holdover provisions negotiated by Tenant with its current landlord are subject to Landlord's (Issaquah #1) approval. For every month after April 1989 that the Premises are not Substantially Complete as defined in Paragraph 1C, Landlord shall pay to Tenant the Holdover Rent as described in the above paragraph. The first day of every month or the date required for rent payment in the holdover agreement, whichever is later, shall be the reference date for the month when determining Substantial Completion.

Holdover Rent has the meaning set forth in Section 20.05. “Indemnitees” has the meaning set forth in Section 18.01. “Item of Equipment” means an individual item of Equipment.

Holdover Rent. [See Section 2.04] $ one hundred twenty-five percent --------------------------------- (125%) of Base Rent per month in advance. -------------------

Holdover Rent means the additional holdover rent charged by the landlord under the Existing Lease and actually paid by Tenant to such landlord over and above the rent that would otherwise be applicable without such holdover rent charge during such holdover period. The total amount of the monthly Holdover Rent under the Existing Lease is $43,500.00 per month. Should the Delivery Date not occur on or before the Estimated Delivery Date and such delay causes a delay in Tenant substantially completing construction of the Tenant Improvements (as defined in Exhibit C attached hereto), then the Commencement Date shall be delayed for the number of days the Premises is delivered after the Estimated Delivery Date, except to the extent such delay is due to a Tenant Delay and except to the extent that Tenant is occupying and conducting its business in the Premises. If the Delivery Date does not occur within six months after the Estimated Delivery Date (as extended for Force Majeure Delay) due to a cause other than a Tenant Delay (defined in Exhibit C, Section 3), Tenant shall have the right to cancel this Lease upon Notice to Landlord given within ten days after the expiration of the six-month period. Should Tenant cancel the Lease as provided above, Tenant shall have no obligation to reimburse Landlord for the Holdover Rent.