Common use of Holding Over by Tenant Clause in Contracts

Holding Over by Tenant. In the event that the Tenant shall remain in the demised premises after the expiration of the term of this Lease without Landlord's and Tenant's having executed a new written lease, such holding over shall not constitute a renewal or extension of this Lease. The Landlord may, at its option, elect to treat the Tenant as one who has not removed at the end of his term, and thereupon be entitled to all the remedies against the Tenant provided by law in that situation, or the Landlord may elect, at its option, to construe such holding over as a tenancy from month to month, subject to all the terms and conditions of this Lease, except as to duration thereof, and in that event the Tenant shall pay monthly rent in advance at the rate of 200% of the Base Rent due for the last month of the demised term plus all other sums due pursuant to this Lease.

Holding Over by Tenant. Twentieth - In the event that the Tenant shall remain in the demised premises after the expiration of the he term of this Lease lease without Landlord's and Tenant's having executed a new written leaselease with the Landlord, such holding over shall not constitute a renewal or extension of this Leaselease. The Landlord may, at its option, elect to treat the Tenant as one who has not removed at the end of his term, and thereupon be entitled to all the remedies against the Tenant provided by law in that situation, or the Landlord may elect, at its option, to construe such holding over as a tenancy from month to month, subject to all the terms and conditions of this Leaselease, except as to duration thereof, and in that event the Tenant shall pay monthly rent in advance at the rate of 200% of the Base Rent due for provided herein as effective during the last month of the demised term Term plus all other sums due pursuant to this Lease.20% per month ($7,337.70)

Holding Over by Tenant. In the event that the Tenant shall remain in the demised premises after the expiration of the term of this Lease without Landlord's and Tenant's having executed a new written lease, such holding over shall not constitute a renewal or extension of this Lease. The Landlord may, at its option, elect to treat the Tenant as one who has not removed at the end of his term, and thereupon be entitled to all the remedies against the Tenant provided by law in that situation, or the Landlord may elect, at its option, to construe such holding over as a tenancy from month to month, subject to all the terms and conditions of this Lease, except as to duration thereof, and in that event the Tenant shall pay monthly rent in advance at the rate of 200% of the Base Rent due for the last month mouth of the demised term plus all other sums due pursuant to this Lease.