Common use of Rent Concessions Clause in Contracts

Rent Concessions. Notwithstanding any other term or provision of this Lease, in the event Landlord has made any Rent concession of any type or character or has waived, reduced or deferred the payment of any Rent installment, should Tenant fail to take possession of the Premises on the Commencement Date or should any Default occur, all such Rent concessions and waivers or deferrals of Rent installments shall be canceled and the unamortized amount of such concessions, waivers and deferrals received by Tenant, together with interest at the Default Rate, shall become immediately due and payable.

Rent Concessions. Notwithstanding any other term or provision of this Amendment of the Lease, in the event Landlord has made any Rent concession of any type or character or has waived, reduced or deferred the payment of any Rent installment, should Tenant fail to take possession of the First Expansion Premises on the Commencement First Expansion Effective Date or should any Default occur, all such Rent concessions and waivers or deferrals of Rent installments shall be canceled and the unamortized amount of such concessions, waivers and deferrals received by Tenant, together with interest at the Default Rate, shall become immediately due and payable.

Rent Concessions. Notwithstanding any other term or provision of this Lease, in the event Landlord has made any Rent concession of any type or character or has waived, reduced or deferred the payment of any Rent installment, should Tenant fail to take possession of the Premises on the Commencement Date or should any Default occur, all such Rent concessions and waivers or deferrals of Rent installments shall be canceled and the unamortized amount of such concessions, waivers and deferrals received by Tenantdeferrals, together with interest at the Default Rate, shall become immediately due and payable.. E. Short