Holding Over Contract Clauses (558)

Grouped Into 22 Collections of Similar Clauses From Business Contracts

This page contains Holding Over clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Holding Over. Unless Subtenant and Prime Landlord have entered into a Direct Lease and provided written notice thereof to Sublandlord, Subtenant shall have no right to occupy the Premises or any portion thereof after the expiration of this Sublease or after termination of this Sublease for any reason or after termination of Subtenant's right to possession in consequence of an Event of Default hereunder. In the event Subtenant or any person claiming by, through or under Subtenant holds over or otherwise remain...s in possession after the expiration or sooner termination of the Term, Subtenant shall hold Sublandlord harmless and indemnify Sublandlord from and against any loss, cost, expense, claim or damage arising directly or indirectly therefrom; and Sublandlord may exercise any and all remedies available to it at law or in equity to recover possession of the Premises and to recover damages, including without limitation, any damages payable by Sublandlord to Prime Landlord by reason of such holdover. In addition to and without limitation of the foregoing, for each and every month or partial month that Subtenant or any party claiming by, through or under Subtenant remains in occupancy of all or any portion of the Premises after the expiration of this Sublease or after termination of this Sublease or Subtenant's right to possession, Subtenant shall pay, as minimum damages and not as a penalty, use and occupancy charges at a rate equal to two (2.0) times the rate of Annual Fixed Rent and 100% of the Additional Rent payable by Subtenant hereunder immediately prior to the expiration or other termination of this Sublease or of Subtenant's right to possession. The acceptance by Sublandlord of payment of such damages on account of a holdover shall not be construed as creating any new tenancy or recognizing any continued right to use and occupy the Premises after expiration or termination of the Term, except as a tenancy at sufferance, and acceptance of any lesser sum by Sublandlord shall not be construed to be in satisfaction of damages for such holding over, but only as a payment on account. View More
Holding Over. Unless Subtenant and Prime Landlord have entered into a Direct Lease and provided written notice thereof to Sublandlord, Subtenant shall have has no right to occupy the Sublease Premises or any portion thereof after the expiration of this Sublease or after termination of this Sublease for any reason or after termination of Subtenant's right to possession in consequence of an Event of Default hereunder. Expiration Date. In the event Subtenant or any person party claiming by, through or under Subt...enant holds over or otherwise remains in possession after the expiration or sooner termination of the Term, Subtenant shall hold Sublandlord harmless and indemnify Sublandlord from and against any loss, cost, expense, claim or damage arising directly or indirectly therefrom; and over, Sublandlord may exercise any and all remedies available to it at law or in equity to recover possession of the Premises Sublease Premises, and to recover damages, including including, without limitation, any damages payable by Sublandlord to Prime Master Landlord by reason of such holdover. In addition to and without limitation of the foregoing, Without limiting Sublandlord's rights above, for each and every month or partial month that Subtenant or any party claiming by, through or under Subtenant remains in occupancy of all or any portion of the Sublease Premises after the expiration of this Sublease Expiration Date or after the earlier termination of this Sublease or of Subtenant's right to possession, Subtenant shall pay, as minimum damages and non-exclusive damages, and not as a penalty, use and occupancy charges monthly Base Rent at a rate equal to two (2.0) times the rate of Annual Fixed Rent and 100% set forth in Section 16 of the Additional Rent payable by Subtenant hereunder immediately prior to the expiration or other termination of this Sublease or of Subtenant's right to possession. Master Lease, as incorporated herein. The acceptance by Sublandlord of payment of such damages on account of a holdover any lesser sum shall not be construed as creating any new tenancy or recognizing any continued right to use payment on account and occupy the Premises after expiration or termination of the Term, except as a tenancy at sufferance, and acceptance of any lesser sum by Sublandlord shall not be construed to be in satisfaction of damages for such holding over, but only as a payment on account. over. View More
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Holding Over. Lessee shall vacate the Premises and deliver the same to Lessor upon the expiration or sooner termination of this Lease. In the event of holding over by Lessee after the expiration or termination of this Lease, such holding over shall be on a month-to-month tenancy and all of the terms and provisions of this Lease shall be applicable during such period, except that in addition to the payment of Additional Rent, Lessee shall pay Lessor as Monthly Base Rent during such holdover an amount equal to ...the greater of (i) one hundred fifty percent (150%) of the Monthly Base Rent in effect at the expiration of the term, or (ii) the then market rent for comparable research and development/office space. If such holdover is without Lessor's written consent, Lessee shall be liable to Lessor for all costs, expenses, and consequential damages incurred by Lessor as a result of such holdover, including but not limited to damages resulting from Lessor's inability to timely deliver possession of the Premises to a new tenant. The rental payable during such holdover period without Lessor's written consent shall be payable to Lessor on demand. View More
Holding Over. Lessee Tenant shall vacate the Premises and deliver the same to Lessor Landlord upon the expiration or sooner termination of this Lease. In the event of holding over by Lessee Tenant after the expiration or termination of this Lease, such holding over shall be on a month-to-month tenancy and all of the terms and provisions of this Lease shall be applicable during such period, except that in addition to the payment of Additional Rent, Lessee Tenant shall pay Lessor Landlord as Monthly Base Rent d...uring such holdover an amount equal to the greater of (i) one hundred fifty percent (150%) of the Monthly Base Rent in effect at the expiration of the term, or (ii) the then market rent for comparable research and development/office space. If such holdover is without Lessor's Landlord's written consent, Lessee Tenant shall be liable to Lessor Landlord for all costs, expenses, and consequential damages incurred by Lessor Landlord as a result of such holdover, including but not limited to damages resulting from Lessor's Landlord's inability to timely deliver possession of the Premises to a new tenant. The rental payable during such holdover period without Lessor's Landlord's written consent shall be payable to Lessor Landlord on demand. View More
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