Automatic Renewal of Lease Sample Clauses

Automatic Renewal of Lease. Unless terminated as provided in this Lease, this Lease shall be automatically renewed for successive terms of one month. The Total Tenant Payment, which will affect the amount of Tenant Rent, is subject to adjustment as provided in this Lease. Tenant Rent will continue to be payable in advance, without demand, on the first day of each successive month. At LANDLORD’s option, TENANT may be required to sign a new one-year lease prior to the beginning of any new lease term rather than TENANT’s tenancy becoming month-to-month.

Get the Official Word Add-in

Automatic Renewal of Lease. The tenancy created under this Lease shall continue for whatever lease term was initially set forth under this Lease Agreement, as identified on Page One above, at its expiration (i.e., an annual lease shall continue from year to year after its expiration, a three month lease shall continue for three months after its expiration, and a six month lease shall continue for six months after its expiration), subject to the same covenants, agreements, rules and regulations as are herein set forth, unless Management mails to Resident or Resident mails to Management written notice (sent in accord with Section 18 of this Lease), at least sixty days prior to the expiration date of the then existing term, of said Management's or Resident's intention not to renew this Lease. If the Management mails a notice to the Resident of its intention to terminate the then existing Lease term, and in said notice offers the Resident a new Lease term pursuant to the terms and conditions therein contained, and if the Resident does not otherwise notify the Management (in accord with Section 18 of this Lease) within thirty (30) days of the mailing of the Management's notice of the Resident's intent not to renew this Lease, the Resident shall be considered as Resident under the terms and conditions specified in the Management's notice. If more than one person shall be Resident hereunder, notice given to or by any one of them shall bind all. Resident's Initials

Automatic Renewal of Lease. At the end of the term described in Paragraph 2 above, this Agreement shall automatically renew and shall be and become month-to-month rental agreement between Owner and Tenant according to the terms herein contained, unless notice is given by Tenant to Owner, or Owner to Tenant, of the intentions of such party to terminate or modify this Agreement not less than thirty (30) days prior to the end of the term of this lease or any renewal hereof, or unless a written extension or modification is signed by both owner and tenant.

Automatic Renewal of Lease. If written notice of termination is not given by either party and an Extension of Residential Lease Agreement has not been signed prior to the sixty (60) day advance written notice requirement, this Agreement automatically renews on a month-to-month basis. This Agreement will continue to renew on a month-to-month basis until either Party provides written notice of termination to the other Party and the notice of termination will be effective on the last day of the month following the month in which the notice is given (“Termination Date”). Xxxxxxxx is not obligated to prorate rent even if Xxxxxx surrenders the Premises before the Termination Date. In the event this Agreement becomes a month-to-month tenancy, the monthly rent payment will increase by 25% and Tenants will incur a $50 Month-to-Month Administration Fee each month. If Tenant signs an Extension of Residential Lease Agreement after the sixty (60) day written notice requirement, a $250 late renewal fee will be charged.

Related to Automatic Renewal of Lease

• TERM OF LEASE This Lease shall commence on the date of ________ and shall continue until its natural termination under this part on the date of ________ at 11:59 PM. After the date of termination, this Lease shall automatically renew and shall continue for the same term amount until Landlord or Tenant undertake cancellation of this Lease in writing. At the expiration of this Lease, Tenant shall be responsible for providing a forwarding address to Landlord to receive any funds owed or other notices.
• Non-Renewal of Contract In the event that you do not enter into a Renewal Contract, Embrace® will maintain your database information in read-only format for one (1) year from the date of termination of this Contract or subsequent failure to renew. Embrace® is not responsible for the loss of any information after termination or failure to renew the Agreement on your behalf.
• Termination of Lease Landlord may terminate Tenant’s interest under the Lease, but no act by Landlord other than notice of termination from Landlord to Tenant shall terminate this Lease. The Lease shall terminate on the date specified in the notice of termination. Upon termination of this Lease, Tenant will remain liable to Landlord for damages in an amount equal to the rent and other sums that would have been owing by Tenant under this Lease for the balance of the Lease term, less the net proceeds, if any, of any re-letting of the Premises by Landlord subsequent to the termination, after deducting all of Landlord’s Reletting Expenses (as defined below). Landlord shall be entitled to either collect damages from Tenant monthly on the days on which rent or other amounts would have been payable under the Lease, or alternatively, Landlord may accelerate Tenant’s obligations under the Lease and recover from Tenant: (i) unpaid rent which had been earned at the time of termination; (ii) the amount by which the unpaid rent which would have been earned after termination until the time of award exceeds the amount of rent loss that Tenant proves could reasonably have been avoided; (iii) the amount by which the unpaid rent for the balance of the term of the Lease after the time of award exceeds the amount of rent loss that Tenant proves could reasonably be avoided (discounting such amount by the discount rate of the Federal Reserve Bank of San Francisco at the time of the award, plus 1%); and (iv) any other amount necessary to compensate Landlord for all the detriment proximately caused by Tenant’s failure to perform its obligations under the Lease, or which in the ordinary course would be likely to result from the Event of Default, including without limitation Reletting Expenses described below.
• Renewal of Agreement This agreement does not automatically renew, and residence in UCF DHRL residence facilities during one agreement period does not guarantee that residence accommodations will be offered to the Student for any following periods. The Student is solely responsible for the timely completion of housing agreements for future periods. UCF DHRL housing agreements shall not be re-offered to residents who are unwilling to adhere to the basic elements of good housekeeping, and community living. UCF DHRL housing agreements shall not be re-offered to residents who disregard or violate rules, regulations, or policies established for governing UCF DHRL residential facilities. Finally, housing agreements shall not be re-offered to residents who have outstanding charges from UCF DHRL.
• ORIGINAL LEASE The single executed original of this Lease marked "THIS COUNTERPART IS THE ORIGINAL EXECUTED COUNTERPART" on the signature page thereof and containing the receipt of the Lessor therefor on or following the signature page thereof shall be the Original Executed Counterpart of this Lease (the "Original Executed Counterpart"). To the extent that this Lease constitutes chattel paper, as such term is defined in the Uniform Commercial Code as in effect in any applicable jurisdiction, no security interest in this Lease may be created through the transfer or possession of any counterpart other than the Original Executed Counterpart.
• Renewal of Contract If a Board representative does not inform the Superintendent in writing on or before the seventh day after the regular December board meeting of the Board’s intention to consider the nonrenewal or amendment of this contract, the contract will automatically renew for a period of one year from and after the expiration date provided in Section 1 of this contract. The Superintendent shall remind the Board in writing of this provision no later than its regular November meeting of each year of this contract and shall make the renewal of his employment contract an agenda item for the regular December board meeting during each year of this contract. At the time of each contract renewal and/or amendment, the Superintendent shall be responsible for taking all necessary steps to insure that the district has complied with the Superintendent Pay Transparency Act.
• Initial Lease Term The Initial Lease Term is for a minimum of ten (10) years; however, the State will consider a longer lease term if economic benefits are deemed to be in the State’s best interest. Please propose a fixed, or flat, rental rate for a Gross Lease: including all expenses – taxes, insurance, janitorial services, maintenance, etc. The State may elect to pay for utilities separately so please include a cost per square foot to reduce the rental rate if such occurs.
• LEASE RENEWAL This Lease does not automatically renew and this Lease automatically terminates on the Lease Termination Date. Lessee may be given an opportunity to sign a new or renewal Lease for another Lease Term and remain in the Premises. If Lessee does not sign a new or renewal Lease, UTA may lease the Premises to another Lessee. In the event Lessee holds over beyond the expiration or sooner termination of this Lease, holdover penalties shall apply in accordance with the Terms and Conditions.
• GRANT OF LEASE Landlord does hereby lease unto Tenant, and Xxxxxx does hereby rent from Landlord, solely for use as a personal residence, excluding all other uses, the personal residence located in USA, GA, with address of: 0000 Xxxxxxxx Xxxxxxx XX, #X, Xxxxxxxx, XX, XXX Heirs And Assigns It is agreed and understood that all covenants of this lease shall succeed to and be binding upon the respective heirs, executors, administrators, successors and, except as provided herein, assigns of the parties hereto, but nothing contained herein shall be construed so as to allow the Tenant to transfer or assign this lease in violation of any term here of.
• TERMS OF LEASE This lease shall be for a term of two (2) school semesters beginning on the 20th day of August 2021 and terminating without notice at 5:00 PM on the 20th day of May 2022. LESSEES shall move-in on a pre-scheduled date as indicated hereafter, and shall move-out at the end of the lease term after a move-out inspection has been completed by LESSOR.