Document ID: 13867

Text:
16. Notice to Vacate; Holding Over.If after expiration of the Lease Term or earlier termination of this Lease, Tenant holds over without the prior written consent of Landlord, such continued occupancy by Tenant shall be deemed a tenancy-at-sufferance, and Tenant shall, throughout the entire holdover period, pay Base Rental in an amount equal to one hundred fifty percent (150%) of the Base Rental payable during the last month of the Lease Term, plus all other amounts that would otherwise have been payable hereunder as rent had the Lease Term continued through the period of such holding over by Tenant; provided, however, that (i) the continued occupancy by Tenant during the first three (3) months of any such holdover shall be deemed a month-to-month tenancy in an amount equal to one hundred twenty-five percent (12 5% ) of the Base Rental payable during the last month of the Lease Term, and (ii) Landlords acceptance of any holdover rent payment after such initial three (3) month period shall not constitute nor imply any consent by Landlord to any such holding over by Tenant beyond such period.Notwithstanding the reference herein to a month-to-month tenancy, Landlord shall not in any event be required to provide Tenant with any form of termination notice or notice to vacate; no holding over by Tenant after the expiration of the Lease Term, for such initial three-month period or otherwise, shall be construed to extend the Lease Term; and in the event of any unauthorized holding over beyond such initial three (3) month period, and provided that Landlord has leased all or part of the Premises and provides Tenant with written notice thereof giving Tenant at least three months to vacate prior to incurring any liability, Tenant shall indemnify, defend and hold Landlord harmless from and against all damages resulting from any such holdover (Landlord waiving, however, any right to recover consequential damages which may accrue during the first three (3) months of any such holdover period). ---|--- |

Named Entities:
14
15
RenewalTerm
68
69
Percentage
128
133
TerminationDate
149
152
Percentage
154
156
Percentage

Tokenized Text:
16
.
Notice
to
Vacate
;
Holding
Over
.
If
after
expiration
of
the
Lease
Term
or
earlier
termination
of
this
Lease
,
Tenant
holds
over
without
the
prior
written
consent
of
Landlord
,
such
continued
occupancy
by
Tenant
shall
be
deemed
a
tenancy-at-sufferance
,
and
Tenant
shall
,
throughout
the
entire
holdover
period
,
pay
Base
Rental
in
an
amount
equal
to
one
hundred
fifty
percent
(
150
%
)
of
the
Base
Rental
payable
during
the
last
month
of
the
Lease
Term
,
plus
all
other
amounts
that
would
otherwise
have
been
payable
hereunder
as
rent
had
the
Lease
Term
continued
through
the
period
of
such
holding
over
by
Tenant
;
provided
,
however
,
that
(
i
)
the
continued
occupancy
by
Tenant
during
the
first
three
(
3
)
months
of
any
such
holdover
shall
be
deemed
a
month-to-month
tenancy
in
an
amount
equal
to
one
hundred
twenty-five
percent
(
12
5
%
)
of
the
Base
Rental
payable
during
the
last
month
of
the
Lease
Term
,
and
(
ii
)
Landlords
acceptance
of
any
holdover
rent
payment
after
such
initial
three
(
3
)
month
period
shall
not
constitute
nor
imply
any
consent
by
Landlord
to
any
such
holding
over
by
Tenant
beyond
such
period
.
Notwithstanding
the
reference
herein
to
a
month-to-month
tenancy
,
Landlord
shall
not
in
any
event
be
required
to
provide
Tenant
with
any
form
of
termination
notice
or
notice
to
vacate
;
no
holding
over
by
Tenant
after
the
expiration
of
the
Lease
Term
,
for
such
initial
three-month
period
or
otherwise
,
shall
be
construed
to
extend
the
Lease
Term
;
and
in
the
event
of
any
unauthorized
holding
over
beyond
such
initial
three
(
3
)
month
period
,
and
provided
that
Landlord
has
leased
all
or
part
of
the
Premises
and
provides
Tenant
with
written
notice
thereof
giving
Tenant
at
least
three
months
to
vacate
prior
to
incurring
any
liability
,
Tenant
shall
indemnify
,
defend
and
hold
Landlord
harmless
from
and
against
all
damages
resulting
from
any
such
holdover
(
Landlord
waiving
,
however
,
any
right
to
recover
consequential
damages
which
may
accrue
during
the
first
three
(
3
)
months
of
any
such
holdover
period
)
.
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