Common use of Payment by Landlord Clause in Contracts

Payment by Landlord. If taxes, special assessments, or governmental charges remain unpaid and uncontested following delinquency, Landlord may give written notice to Tenant. If Tenant continues to fail to pay the taxes, special assessments, or governmental charges, or to timely contest them in good faith within thirty (30) days of receipt of notice, Landlord may pay the items specified in the notice. Tenant must then reimburse Landlord on demand for amounts paid or expended for such purpose, with interest at eighteen percent (18%) per annum from the date of Landlord’s payment until Tenant’s reimbursement.

Payment by Landlord. If taxes, special assessments, or governmental charges remain unpaid and uncontested following delinquency, Landlord may give written notice to Tenant. If Tenant Xxxxxx continues to fail to pay the taxes, special assessments, or governmental charges, or to timely contest them in good faith within thirty (30) days of receipt of notice, Landlord may pay the items specified in the notice. Tenant must then reimburse Landlord on demand for amounts paid or expended for such purpose, with interest at eighteen percent (18%) per annum from the date of Landlord’s payment until TenantXxxxxx’s reimbursement.