Rent Demand definition
Examples of Rent Demand in a sentence
In that regard, Lender may deliver a Rent Demand to Borrower or deliver a Notice of Enforcement to Lessees.
Borrower shall, within ten days after its receipt of a Rent Demand, deliver to Lender such Rents as are described in the Rent Demand.
Assignor agrees that any Rent Demand sent by Lender may be sent to Borrower pursuant to the notice provisions set forth in the Loan Agreement.
Landlord (i) consents to such payment in accordance with the Rent Demand Notice, notwithstanding any dispute between Landlord and Lender or contrary instructions from Landlord; (ii) releases and agrees to hold Tenant harmless from and against any claims or liability as a result of making payments to or as directed by Lender; and (iii) agrees that Tenant shall be fully credited with such payments under the Lease.
Borrower agrees that any Rent Demand sent by Lender may be sent to Borrower pursuant to the notice provisions set forth in the Loan Agreement.
Lender may (in its sole discretion), upon the occurrence of an Event of Default deliver a Rent Demand to Borrower or deliver a Notice of Enforcement to the lessees.
Borrower agrees that pursuant to Section 64.002(a)(3) of the Act, any Rent Demand sent by Lender may be sent to Borrower in any manner and to any address described in the Loan Agreement.
Upon receipt of the Rent Demand Notice and until otherwise directed by Lender or court order, Tenant agrees to pay the Rent due and payable by Tenant under the Lease to or at the direction of Lender, as provided for in the Rent Demand Notice.
As described in Section 64.060 of the Act, Borrower shall, within ten days after its receipt of a Rent Demand, deliver to Lender such Rents as are described in the Rent Demand.
Lender may (in its sole discretion), upon the occurrence of an Event of Default, deliver a Rent Demand to Borrower or deliver a Notice of Enforcement to all or any of the Lessees.