Common use of MONTH TO MONTH TENANCY Clause in Contracts

MONTH TO MONTH TENANCY. The Tenant has no right to remain in possession of the Premises after the end of the Term aside from the Extension Option provided under the attached Schedule G. If the Tenant remains in possession of the Premises after the end of the Termwith the consent of the Landlord but without exercising the Extension Option, or without entering into a new lease or other agreement then, notwithstanding any statutory provisions or legal presumption to the contrary, there shall be no tacit renewal of this Lease or the Term and the Tenant shall be deemed to be occupying the Premises as a tenant from month-to-month (with either party having the right to terminate such month-to-month tenancy at any time on 30 days’ notice, whether or not the date of termination is at the end of a rental period) at a monthly Basic Rent payable in advance on the first day of each month equal to 150% of the monthly amount of Basic Rent payable during the last month of the Term and otherwise upon the same terms, covenants and conditions as in this Lease insofar as these are applicable to a monthly tenancy and, for greater certainty, including liability for all Additional Rent.