MONTH TO MONTH TENANCY. If no agreement has been signed prior to the expiration date of this Lease, but negotiations are underway, then any holding over after the expiration of said term shall be construed to be a month-to-month tenancy. The rate shall be equal to the rental rate of the last month's rent prior to the expiration of the lease and shall otherwise be on the terms and conditions herein specified so far as applicable until a lease is signed.
Appears in 2 contracts
Sources: Lease Agreement, Lease Agreement