Common use of SURRENDER OF PREMISES; HOLDING OVER Clause in Contracts

SURRENDER OF PREMISES; HOLDING OVER. (a) This Lease shall terminate and Tenant shall deliver up and surrender possession of the Premises on the last day of the term hereof, and Tenant waives the right to any notice of termination or notice to quit. Tenant covenants that upon the expiration or sooner termination of this Lease it shall without notice deliver up and surrender possession of the Premises in the same condition in which Tenant has agreed to keep the same during the continuance of this Lease and in accordance with the terms hereof, normal wear and tear excepted. (b) Upon the failure of the Tenant to surrender possession of the Premises upon the expiration or sooner termination of this Lease, Tenant shall pay to Landlord, as liquidated damages, an amount equal to one hundred fifty (150%) percent of the rent and additional rent required to be paid under this Lease as applied to any period in which Tenant shall remain in possession after expiration or sooner termination of this Lease. Acceptance by Landlord of rent after such expiration or earlier termination shall not constitute a consent to a holdover hereunder or result in a renewal. The foregoing provisions of this Article 29 are an addition to and do not affect Landlord's right of reentry or any other rights of Landlord hereunder or as otherwise provided by law.

SURRENDER OF PREMISES; HOLDING OVER. (a) This The Lease shall terminate and Tenant shall deliver up and surrender possession of the Premises to Landlord at 11:59 P.M. local time on the last day of the term hereof, and Tenant hereby waives the right to any notice of termination or notice to quit. Tenant covenants that upon Upon the expiration or sooner termination of this Lease it shall without notice Lease, Tenant covenants to deliver up and surrender possession of the Premises in the same condition in which Tenant has agreed to maintain and keep the same during the continuance term of this Lease and in accordance with the terms hereofprovisions of this Lease, normal wear and tear excepted. (b) Upon the failure of the Tenant to surrender possession of the Premises to Landlord upon the expiration or sooner termination of this Lease, Tenant shall pay to Landlord, as liquidated damages, an amount equal to one hundred fifty (150%) percent % of the rent then current Base Rent and additional rent Additional Rent required to be paid by Tenant under this Lease as Lease, applied to any period in which the first thirty (30) days Tenant shall remain in possession after the expiration or sooner termination of this Lease, and 200% of the then current Base Rent and Additional Rent required to be paid by Tenant under this Lease, applied to the holdover period from and after the 31st day Tenant shall remain in possession after the expiration or sooner termination of this Lease. Acceptance by Landlord of rent Base Rent or Additional Rent after such expiration or earlier termination shall not constitute a consent to a holdover hereunder or result in a renewal. The foregoing provisions of this Article 29 paragraph are an in addition to and do not affect Landlord's right of reentry or any other rights of Landlord hereunder or as otherwise provided by law.

SURRENDER OF PREMISES; HOLDING OVER. (a) This The Lease shall terminate and Tenant shall deliver up and surrender possession of the Premises to Landlord on the last day of the term Term hereof, and Tenant hereby waives the right to any notice of termination or notice to quit. Tenant covenants that upon Upon the expiration or sooner termination of this Lease it shall without notice Lease, Tenant covenants to deliver up and surrender possession of the Premises in the same condition in which Tenant has agreed to maintain and keep the same during the continuance Term of this Lease and in accordance with the terms hereofprovisions of this Lease, normal wear and tear excepted. (b) Upon the failure of the Tenant to surrender possession of the Premises to Landlord upon the expiration or sooner termination of this Lease, Tenant shall pay to Landlord, as liquidated damages, an amount equal to one hundred fifty (150%) percent 150k of the rent then current Base Rent and additional rent Additional Rent required to be paid by Tenant under this Lease as Lease, applied to any period in which Tenant shall remain in possession after the expiration or sooner termination of this Lease. Acceptance by Landlord of rent Base Rent or Additional Rent after such expiration or earlier termination shall not constitute a consent to a holdover hereunder or result in a renewal. The foregoing provisions of this Article 29 paragraph are an in addition to and do not affect Landlord's right of reentry or any other rights of Landlord hereunder or as otherwise provided by law.

SURRENDER OF PREMISES; HOLDING OVER. (a) This The Lease shall terminate and Tenant shall deliver up and surrender possession of the Premises to Landlord on the last day of the term hereof, and Tenant hereby waives the right to any notice of termination or notice to quit. Tenant covenants that upon Upon the expiration or sooner termination of this Lease it shall without notice Lease, Tenant covenants to deliver up and surrender possession of the Premises in the same condition in which Tenant has agreed to maintain and keep the same during the continuance term of this Lease and in accordance with the terms hereofprovisions of this Lease, normal wear and tear excepted. (b) Upon the failure of the Tenant to surrender possession of the Premises to Landlord upon the expiration or sooner termination of this Lease, Tenant shall pay to Landlord, as liquidated damages, an amount equal to one hundred fifty (150%) percent % of the rent then current Base Rent and additional rent required to be paid by Tenant under this Lease as Lease, applied to any period in which Tenant shall remain in possession after the expiration or sooner termination of this Lease. Acceptance by Landlord of Base Rent or additional rent after such expiration or earlier termination shall not constitute a consent to a holdover hereunder or result in a renewal. The foregoing provisions of this Article 29 paragraph are an in addition to and do not affect Landlord's right of to reentry or any other rights of Landlord hereunder or as otherwise provided by law.