Common use of Form of Payment After Default Clause in Contracts

Form of Payment After Default. Following the occurrence of an Event of Default by Tenant, Landlord shall have the right to require that for the following twelve (12) month period any or all subsequent amounts paid by Tenant to Landlord hereunder, whether in the cure of the default in question or otherwise, be paid in the form of cash, money order, cashier’s or certified check drawn on an institution acceptable to Landlord, or by other means approved by Landlord, notwithstanding any prior practice of accepting payments in any different form.

Appears in 2 contracts

Samples: Office Lease (KBS Real Estate Investment Trust II, Inc.), Retail Lease (KBS Real Estate Investment Trust II, Inc.)

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Form of Payment After Default. Following For three (3) months following the occurrence of an Event a monetary event of Default default by Tenant, Landlord shall have the right to require that for the following twelve (12) month period any or all subsequent amounts paid by Tenant to Landlord hereunder, whether in the to cure of the default in question or otherwise, be paid in the form of cash, money order, cashier’s or certified check drawn on an institution acceptable to Landlord, or by other means approved by Landlord, notwithstanding any prior practice of accepting payments in any different form.

Appears in 2 contracts

Samples: Office Lease (Kinnate Biopharma Inc.), Office Lease (Kinnate Biopharma Inc.)

Form of Payment After Default. Following the occurrence of an Event ----------------------------- more than two events of Default material monetary defaults by TenantTenant in any twelve month period, Landlord shall have the right to require that for the following twelve (12) month period any or all subsequent amounts paid by Tenant to Landlord hereunder, whether in the to cure of the default in question or otherwise, be paid in the form of cash, money order, cashier’s 's or certified check drawn on an institution acceptable to Landlord, or by by, other means approved by Landlord, notwithstanding any prior practice of accepting payments in ~n any different form.

Appears in 1 contract

Samples: Office Lease (Barbeques Galore LTD)

Form of Payment After Default. Following the occurrence of an Event more than two (2) monetary events of Default default by TenantTenant in any twelve (12) month period during the Lease Term, Landlord landlord shall have the right to require that for the following twelve (12) month period any or all subsequent amounts paid by Tenant to Landlord hereunder, whether in the cure of the default in question or otherwise, be paid in the form of cash, money order, cashier’s or certified check drawn on an institution acceptable to Landlord, or by other means approved by Landlord, notwithstanding any prior practice of accepting payments in any different form.

Appears in 1 contract

Samples: Office Lease and Settlement Agreement (Peregrine Systems Inc)

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Form of Payment After Default. Following the occurrence of an Event two (2) separate events of Default monetary default by TenantTenant during any twelve (12) month period during the Lease Term, Landlord shall have the right to require that for the following twelve (12) month period any or all subsequent amounts paid by Tenant to Landlord hereunder, whether in the to cure of the default in question or otherwise, be paid in the form of cash, money order, cashier’s or certified check drawn on an institution acceptable to Landlord, or by other means reasonably approved by Landlord, notwithstanding any prior practice of accepting payments in any different form.

Appears in 1 contract

Samples: Office Lease (Sirna Therapeutics Inc)

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