Common use of Holding Over by Tenant Clause in Contracts

Holding Over by Tenant. Tenant agrees upon the expiration or termination of this Lease, immediately and peaceably to yield up and surrender the Premises; notice to quit or vacate is hereby expressly waived. Tenant shall be liable to Landlord for any and all damages incurred by Landlord as the result of any failure by Tenant to timely surrender possession of the Premises as required herein. If Tenant, with Landlord's consent, remains in possession of the Premises or any part thereof after the expiration of the Term hereof, such occupancy shall be a tenancy from month to month upon all the provisions of this Lease pertaining to the obligations of Tenant, except that the rent payable shall be one hundred twenty-five percent (125%) of the rent payable immediately preceding the termination date of this Lease, and all options, if any, granted under the terms of this Lease shall be deemed terminated and of no further effect during said month to month tenancy.

Holding Over by Tenant. Should Tenant agrees upon or any of its successors in interest continue to hold the expiration or Leased Premises after the termination of this Lease, immediately and peaceably to yield up and surrender the Premises; notice to quit whether such termination occurs by lapse of time or vacate is hereby expressly waived. Tenant shall be liable to Landlord for any and all damages incurred by Landlord as the result of any failure by Tenant to timely surrender possession of the Premises as required herein. If Tenant, with Landlord's consent, remains in possession of the Premises or any part thereof after the expiration of the Term hereofotherwise, such occupancy holding over shall constitute and be construed as a tenancy from month to month upon all only, at a monthly rental equal to 150% of the provisions monthly rent provided herein at the time of this Lease pertaining such termination, hiring such time as Tenant shall continue to hold the obligations of TenantLeased Premises after the termination hereof, except that Tenant shall continue to hold the rent payable Leased Premises after the termination hereof. Tenant shall be one hundred twenty-five percent (125%) regarded as a Tenant from month to month; subject, however, to all of the rent payable immediately preceding terms, provisions covenants and agreements on the part of Tenant hereunder. No payments of money by Tenant to Landlord after the termination date of this Lease, and all options, if any, granted under the terms of this Lease shall reinstate, continue, or extend the term of this Lease and no extension of this Lease after the termination thereof shall be deemed terminated valid unless and of no further effect during said month until the same shall be reduced to month tenancywriting and signed by both Landlord and Tenant.

Holding Over by Tenant. Tenant agrees upon the expiration or termination of this LeaseLease pursuant to this agreement, immediately and peaceably to yield up and surrender the Premises; notice to quit or vacate is hereby expressly waived. Tenant shall be liable to Landlord for any and all damages incurred by Landlord as the result of any failure by Tenant to timely surrender possession of the Premises as required herein. If Tenant, with Landlord's consent, remains in possession of the Premises or any part thereof after the expiration of the Term hereof, such occupancy shall be a tenancy from month to month upon all the provisions of this Lease pertaining to the obligations of Tenant, except that the rent payable shall be one hundred twenty-fifty percent (150%) one hundred twenty five percent (125%) of the rent payable immediately preceding the termination date of this Lease, and all options, if any, granted under the terms of this Lease shall be deemed terminated and of no further effect during said month to month tenancy.

Holding Over by Tenant. Tenant agrees upon the expiration or termination of this LeaseLease pursuant to this agreement, immediately and peaceably to yield up and surrender the Premises; notice to quit or vacate is hereby expressly waived. Tenant shall be liable to Landlord for any and all damages incurred by Landlord as the result of any failure by Tenant to timely surrender possession of the Premises as required herein. If Tenant, with Landlord's consent, remains in possession of the Premises or any part thereof after the expiration of the Term hereof, such occupancy shall be a tenancy from month to month upon all the provisions of this Lease pertaining to the obligations of Tenant, except that the rent payable shall be one hundred twenty-twenty five percent (125%) of the rent payable immediately preceding the termination date of this Lease, and all options, if any, granted under the terms of this Lease shall be deemed terminated and of no further effect during said month to month tenancy.