Common use of Accounting Periods Clause in Contracts

Accounting Periods. The Termination Fee shall be payable to the Tenant from the Landlord on the twenty-fifth (25th) day of each applicable Accounting Period(s). If the Termination Fee begins to accrue on any day other than the first (1st) day of an Accounting Period, the Termination Fee for such partial Accounting Period shall be prorated on a per diem basis. If this Lease Agreement is terminated for any reason, in consideration for the Termination Notice and/or the Termination Fee, Tenant shall cooperate with Landlord to facilitate the issuance or transfer of Licenses to the Landlord or such other Entity which is approved by the Landlord.

Appears in 17 contracts

Samples: Lease Agreement (CNL Retirement Properties Inc), Lease Agreement (CNL Retirement Properties Inc), Lease Agreement (CNL Retirement Properties Inc)

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