Payment of Insurance. In the event that Tenant shall fail to obtain the insurance policies required hereunder or to pay the premiums due for the insurance policies required hereby, Landlord shall have the right, but not the obligation, to procure or to pay the same in which case Tenant shall repay such amount plus any penalties or additional amounts resulting therefrom to Landlord within five (5) days after receipt of a bill therefor.
Appears in 1 contract
Samples: Assignment and Assumption of Lease (Aei Income & Growth Fund 23 LLC)
Payment of Insurance. In the event that Tenant shall fail to obtain the insurance policies required hereunder or to pay the premiums due for the insurance policies required hereby, Landlord shall have the right, but not the obligation, to procure or to pay the same in which case Tenant shall repay such amount plus any penalties or additional amounts resulting therefrom there from to Landlord within five (5) days after receipt of a bill therefor.. 5.5
Appears in 1 contract
Samples: Assignment and Assumption of Lease (Aei Net Lease Income & Growth Fund Xx Limited Partnership)
Payment of Insurance. In the event that Should Tenant shall fail to obtain the insurance policies required hereunder hereunder, or to pay the premiums due for the insurance policies required hereby, Landlord shall have the right, but not the obligation, to procure or to pay the same same, in which case Tenant shall repay such amount plus any penalties or additional amounts resulting therefrom to Landlord within five (5) 5 days after receipt of a bill xxxx therefor.
Appears in 1 contract
Samples: Assignment and Assumption of Lease Agreement (Aei Income & Growth Fund 25 LLC)
Payment of Insurance. In the event that Tenant shall fail to obtain the insurance policies required hereunder or to pay the premiums premium due for the insurance policies required hereby, Landlord shall have the right, but not the obligation, to procure or to pay the same in which case Tenant shall repay such amount plus any penalties or additional amounts resulting therefrom to Landlord within five (5) days after receipt of a bill xxxx therefor.
Appears in 1 contract
Samples: Assignment and Assumption of Lease (Aei Income & Growth Fund Xxii LTD Partnership)
Payment of Insurance. In the event that Tenant shall fail to obtain the insurance policies required hereunder or to pay the premiums due for the insurance policies required hereby, Landlord shall have the right, but not the obligation, to procure or to pay the same in which case Tenant shall repay such amount plus any penalties or additional amounts resulting therefrom to Landlord within five (5) 5 days after receipt of a bill therefor.
Appears in 1 contract
Samples: Quality Dining Inc
Payment of Insurance. In the event that Tenant shall fail to obtain the insurance policies required hereunder or to pay the premiums due for the insurance policies required hereby, Landlord shall have the right, but not the obligation, to procure or to pay the same in which case Tenant shall repay such amount plus any penalties or additional amounts resulting therefrom to Landlord within five ten (510) days after receipt of a bill thereforxxxx therefor plus interest at the rate of 10% per annum.
Appears in 1 contract
Payment of Insurance. In the event that Tenant shall fail to obtain the insurance policies required hereunder or to pay the premiums due for the insurance policies required hereby, Landlord shall have the right, but not the obligation, to procure or to pay the same in which case Tenant shall repay such amount plus any penalties or additional amounts resulting therefrom to Landlord as Additional Rent within five (5) days after receipt of a bill bxxx therefor.
Appears in 1 contract
Samples: Assignment and Assumption (Aei Income & Growth Fund 24 LLC)
Payment of Insurance. In the event that Tenant shall fail to obtain the insurance policies required hereunder or to pay the premiums due for the insurance policies required hereby, Landlord shall have the right, but not the obligation, to procure or to pay the same in which case Tenant shall repay such amount plus any penalties or additional amounts resulting therefrom to Landlord within five (5) days after receipt of a bill xxxx therefor.
Appears in 1 contract
Samples: Assignment and Assumption of Lease (Aei Income & Growth Fund 25 LLC)
Payment of Insurance. In the event that Tenant shall fail to obtain the insurance policies required hereunder or to pay the premiums premiums" due for the insurance policies required hereby, Landlord shall have the right, but not the obligation, to procure or to pay the same in which case Tenant shall repay such amount plus any penalties or additional amounts resulting therefrom to Landlord Landlord. within five (5) days after receipt of a bill therefor.
Appears in 1 contract
Samples: Assignment and Assumption of Lease (Aei Real Estate Fund Xviii Limited Partnership)
Payment of Insurance. In the event that Tenant shall fail to obtain the insurance policies required hereunder or to pay the premiums due for the insurance policies required hereby, Landlord shall have the right, but not the obligation, to procure or to pay the same in which case Tenant shall repay such amount plus any penalties or additional amounts resulting therefrom to Landlord as Additional Rent within five (5) days after receipt of a bill xxxx therefor.
Appears in 1 contract
Samples: Assignment and Assumption of Lease (Aei Income & Growth Fund 25 LLC)