Continued Occupancy Sample Clauses
The Continued Occupancy clause defines the conditions under which a tenant may remain in a leased property after the original lease term has expired. Typically, this clause outlines whether the tenant can stay on a month-to-month basis, the amount of notice required for either party to terminate the continued occupancy, and any changes to rent or terms during this period. Its core function is to provide a clear framework for both landlord and tenant regarding rights and obligations if the tenant does not vacate at the end of the lease, thereby preventing disputes and ensuring a smooth transition.
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Continued Occupancy. Notwithstanding anything set forth to the contrary in Article Fifty-Ninth of the Lease, Landlord agrees not to serve Tenant with a notice of default based upon failure of Tenant’s continued occupancy unless the Premises have been vacant for more than fourteen (14) months. Tenant acknowledges that the previous sentence is not meant to limit Landlord’s rights or remedies in the event of any other default by Tenant under this Lease, or in any way interfere with the rights of Landlord to enforce the provisions of this Lease.
Continued Occupancy. TENANT must continue to occupy the dwelling unit to remain eligible for Housing Assistance Payments received on TENANT's behalf. If TENANT (a) wishes to move out of the dwelling unit at the end of the lease term (or prior to the end of lease term, but in accordance with the provisions of this Lease), or (b) is required to move for reasons other than TENANT's violation of this Lease, and if TENANT wishes to receive the benefit of Housing Assistance Payments in another approved dwelling unit, TENANT shall give at least thirty (30) days= notice of the circumstances to the Authority so that the Authority may have the opportunity to consider TENANT's request.
Continued Occupancy. Purchasers must and will, until this Contract for Deed is paid in full, occupy the Property as their principle residence.
Continued Occupancy. If at any time the then existing use or occupancy of any part of the Property shall, pursuant to any zoning or other law, ordinance or regulation, be permitted only so long as such use or occupancy shall continue, Trustor shall not cause or permit such use or occupancy to be discontinued without the prior written consent of Secured Party.
Continued Occupancy. Each owner who prepays the mortgage or termi- nates the mortgage insurance contract on eligible low income housing shall, as provided in paragraph (g) of this sec- tion, allow the tenants occupying units in such project on the date of submis- sion of a notice of intent under § 248.105 to remain in the project for a period of three years, commencing on the date of prepayment or contract termination, at rent levels existing at the time of prepayment or termination, except for rent increases made necessary due to increased operating costs.
Continued Occupancy. If at any time the then existing use or occupancy of any part of the Mortgaged Property shall, pursuant to any zoning or other law, ordinance or regulation, be permitted only so long as such use or occupancy shall continue, Mortgagor shall promptly advise Mortgagee thereof and shall not cause or permit such use or occupancy to be discontinued without the prior consent of Mortgagee.
Continued Occupancy. To Sellers’ Knowledge, provided all required Consents referenced in Section 5.03 are granted prior to or at the Closing, there are no facts that would prevent the Owned Real Property or the Wilkesbarre Pier from being used or occupied by Buyer after the Closing in the same manner as the Owned Real Property and the Wilkesbarre Pier are used or occupied by Sellers immediately prior to the Closing. {W5977534.1}
Continued Occupancy. The parties hereby agree that, so long as Tenant is paying rent under the New Lease, Tenant may continue in occupancy of the Demised Premises at no charge until Tenant moves into the Replacement Premises. Notwithstanding anything to the contrary herein, Tenant shall vacate and surrender the Demised Premises no later than August 15, 2013. In the event that Tenant fails to vacate any suites by August 15, 2013 in accordance with the terms of the Original Lease, rent as provided for each suite in the Original Lease, as may have been amended, will be reinstated for such suite through the actual date of surrender on a month to month basis.
Continued Occupancy. Transferred Staff and Transferred Billable -------------------- Employees will be allowed to occupy the Seller's Washington, DC branch current office space and will be provided with telephones and computers in the same manner as they are today for a period not to exceed thirty (30) days after the Effective Date. Seller will bear such Occupancy Cost.
Continued Occupancy. (a) If Tenant fails to deliver possession of the Premises in accordance with the applicable provisions of the Lease on or before expiration of the First Option Term, or the Second Option Term as the case may be, the Minimum Monthly Rent for first calendar month following the expiration of the applicable Option Term (the “First Holdover Month”) shall be an amount equal to one hundred and fifty percent (150%) of the applicable Option Term Rent; provided, however, Tenant shall pay such amount on or before the last business day of the applicable Option Term, together with Tenant's proportionate share of Landlord's estimated Total Operating Costs as provided in Section 4 above, and each as otherwise provided in Sections 3 and 7.3 of the Lease;
(b) If Tenant fails to deliver possession of the Premises in accordance with the applicable provisions of the Lease on or before expiration of the First Holdover Month, the Minimum Monthly Rent for second calendar month following the expiration of the applicable Option Term (the “Second Holdover Month”) shall be an amount equal to one hundred and seventy five percent (175%) of the Minimum Monthly Rent payable during the First Holdover Month; provided, however, Tenant shall pay such amount on or before the last business day of the First Holdover Month together with Tenant's proportionate share of Landlord's estimated Total Operating Costs as provided in Section 4 above, and each as otherwise provided in Sections 3 and 7.3 of the Lease; and
(c) Thereafter, if Tenant fails to deliver possession of the Premises in accordance with the applicable provisions of the Lease on or before expiration of the Second Holdover Month, the Minimum Monthly Rent for each calendar month following the Second Holdover Month (each, a “200% Holdover Month”) until the Outside Expiration Date (as defined in Section 8(d), below) shall be an amount equal to two hundred percent (200%) of the Minimum Monthly Rent payable during the immediately prior calendar month; provided, however, Tenant shall pay such amount on or before the last business day of the calendar month then expiring (e.g., the Second Holdover Month and thereafter, each 200% Holdover Month) together with Tenant's proportionate share of Landlord's estimated Total Operating Costs as provided in Section 4 above, and each as otherwise provided in Sections 3 and 7.3 of the Lease.
(d) Notwithstanding the foregoing, Tenant may not continue to occupy the Premises beyond June 30, 2021 (the “Outsid...