2.5 Holding Over
(a) If, after expiration of the Term the Manager continues to occupy the Property and operate the Hotel this Agreement will continue on the following basis:
(1) the Manager will be a monthly Manager;
(2) the conditions in this Agreement shall continue to apply, subject to any changes as are necessary to accommodate the monthly term; and
(3) either party may end this Agreement at any time by giving the other one month's written notice, which must expire on a Business Day.