Rent Covenant Sample Clauses

Rent Covenant. The covenant to pay rent, whether Base or Additional, is hereby declared to be an independent covenant on the part of Tenant to be kept and performed, and no offset shall be permitted or allowed. Tenant's covenant to pay such rent shall survive the expiration or earlier termination of this Lease.
Sample 1See All (4)
AutoNDA by SimpleDocs
Rent Covenant. The Tenant shall pay to the Landlord without demand, in lawful money of Canada, at the times provided in this Lease, at the Landlord's Address or at such other place as the Landlord may designate from time to time, the Basic Rent and Additional Rent, without any deduction, set-off, counter claim or abatement whatsoever. All amounts payable under this Lease, unless otherwise provided, become due with the next instalment of Basic Rent. If the Tenant defaults in payment of any sum due hereunder the Landlord shall have the same rights and remedies upon default as if the sum were Rent in arrears.
Sample 1
Rent Covenant. 10 3.6 Waiver of Set-Off..............................................................................11 3.7 Interest on Overdue Rent.......................................................................11 3.8
Sample 1
Rent Covenant. Concessionaire covenants and agrees, in advance, without setoff, deduction, prior notice or abatement (except in Sections 12.01 and 14.09, where abatement may expressly be permitted), to pay City as Rent for the rights and privileges herein granted by City the greater of (a) a sum equal to Concessionaire's Gross Revenues, as herein defined times the percentage rate shown on the Summary Page for the volume and type of sales, derived by the Concessionaire from its operations under this Agreement ("Percentage Rent"), or (b) the Minimum Annual Guaranteed Rent (“MAG”), stated on the Summary Page, which may be annually adjusted as provided below, and in addition thereto, Additional Rent pursuant to Section 5.03. For purposes of applying the correct percentage rate, the volume for each type of sales indicated on the Summary Page resets to zero on January 1st of each year.
Sample 1
Rent Covenant. Concessionaire covenants and agrees, in advance, without setoff, deduction, prior notice or abatement (except in Sections 12.01 and 14.09, where abatement may expressly be permitted), to pay City as Rent for the rights and privileges herein granted by City the greater of (a) a sum equal to Concessionaire's Gross Revenues, as herein defined times the percentage rate shown on the Summary Page for the volume and type of sales, derived by the Concessionaire from its operations under this Agreement ("Percentage Rent"), or
Sample 1

Related to Rent Covenant

  • Parent Covenants The Parent will:

  • TENANT COVENANTS The Tenant covenants during the Term and for such further time as the Tenant occupies any part of the Premises:

  • Landlord’s Covenant Upon payment by the Tenant of the rents and other charges herein provided, and upon the observance and performance of all the covenants, terms and conditions on Tenant’s part to be observed and performed, Tenant shall peaceably and quietly hold and enjoy the Premises for the term hereby demised without hindrance or interruption by Landlord or any other person or persons lawfully or equitably claiming by, through or under the Landlord, subject, nevertheless, to the terms and conditions of this Lease.

  • Additional Covenants of Tenant If, as result of any application or use by Landlord of all or any part of the Letter of Credit, the amount of the Letter of Credit shall be less than the Letter of Credit Amount, Tenant shall, within five (5) business days thereafter, provide Landlord with additional letter(s) of credit in an amount equal to the deficiency (or a replacement letter of credit in the total Letter of Credit Amount), and any such additional (or replacement) letter of credit shall comply with all of the provisions of this ARTICLE 27, and if Tenant fails to comply with the foregoing, notwithstanding anything to the contrary contained in this Lease, the same shall constitute an Event of Default by Tenant. Tenant further covenants and warrants that it will neither assign nor encumber the Letter of Credit or any part thereof and that neither Landlord nor its successors or assigns will be bound by any such assignment, encumbrance, attempted assignment or attempted encumbrance.

  • Additional Covenant In Section 4 add a new paragraph as follows:

  • LANDLORD'S COVENANTS The Landlord covenants with the Tenant:

  • Additional Covenants The Company covenants and agrees with the Agent as follows, in addition to any other covenants and agreements made elsewhere in this Agreement:

  • COVENANTS OF LESSEE Lessee hereby covenants and agrees with Lessor as follows:

  • Ship Covenants The undertakings in this Clause 21 remain in force throughout the Security Period.

  • LESSEE'S COVENANTS Lessee further covenants and agrees as follows:

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!