Common use of Payment in Advance Clause in Contracts

Payment in Advance. Basic Rent and Additional Rent and any other amount payable by Lessee to Brazos shall be paid sufficiently in advance of the date due to assure that immediately available funds in the full amount due are available on the date due, to such account of Brazos at such bank, or, with the consent of Agent, to such account of such other person at such bank, or otherwise as Brazos may from time to time designate in writing.

Appears in 2 contracts

Samples: Ground Lease Agreement (Randalls Food Markets Inc), Facilities Lease Agreement (Randalls Food Markets Inc)

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Payment in Advance. Basic Rent and Additional Rent and any other amount payable by Lessee to Brazos shall be paid sufficiently in advance of the date due to assure that immediately available funds in the full amount due are available on the date due, to such account of Brazos at such bank, or, with the consent of Agent, or to such account of such other person at such bank, or otherwise as Brazos may from time to time designate in writing.

Appears in 2 contracts

Samples: Ground Lease Agreement (Monro Muffler Brake Inc), Facilities Lease Agreement (Monro Muffler Brake Inc)

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