Common use of Receipt of Monies Clause in Contracts

Receipt of Monies. No receipt of monies by Landlord from or for the account of Tenant or from anyone in possession or occupancy of the Premises after the giving of any notice under this Lease, including, without limitation, a notice of termination of this Lease, shall reinstate, continue or extend the Term of this Lease or affect any notice given to Tenant prior to the receipt of such money. No payment by Tenant or receipt by Landlord of a lesser amount than the charges herein reserved shall be deemed to be other than on account of the earliest stipulated rent or other charges, nor shall any endorsement or statement on any check or on any letter accompanying any check be deemed to be an accord and satisfaction. Landlord shall not be deemed to have accepted payment made to a “lockbox” or other depository until ten (10) days after Landlord’s actual receipt of the payment if, and only if, during said period Landlord did not refund or attempt to refund such payment. Landlord’s consent to or approval of any act by Tenant requiring Landlord’s consent or approval shall not be deemed to waive or render unnecessary Landlord’s consent to or approval of any subsequent act by Tenant.

Appears in 3 contracts

Samples: Office Lease (DiaMedica Therapeutics Inc.), Office Lease (DiaMedica Therapeutics Inc.), Office Lease (DiaMedica Therapeutics Inc.)

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Receipt of Monies. No To the extent permitted under applicable law, no receipt of monies by Landlord from or for the account of Tenant or from anyone in possession or occupancy of the Premises after the giving of any notice under this Lease, including, without limitation, a notice of termination of this Lease, shall reinstate, continue or extend the Term of this Lease or affect any notice given to Tenant prior to the receipt of such money. No payment by Tenant or receipt by Landlord of a lesser amount than the charges herein reserved shall be deemed to be other than on account of the earliest stipulated rent or other charges, nor shall any endorsement or statement on any check or on any letter accompanying any check be deemed to be an accord and satisfaction. Landlord shall not be deemed to have accepted payment made to a "lockbox" or other depository until ten five (105) days after Landlord’s 's actual receipt of the payment if, and only if, during said period Landlord did not refund or attempt to refund such payment. Landlord’s 's consent to or approval of any act by Tenant requiring Landlord’s 's consent or approval shall not be deemed to waive or render unnecessary Landlord’s 's consent to or approval of any subsequent act by Tenant.

Appears in 1 contract

Samples: Office Lease (Galagen Inc)

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Receipt of Monies. No receipt of monies by Landlord from or for the account of Tenant or from anyone in possession or occupancy of the Premises after the giving of any notice under this Lease, including, without limitation, a notice of termination of this Lease, shall reinstate, continue or extend the Term of this Lease or affect any notice given to Tenant prior to the receipt of such money. No payment by Tenant or receipt by Landlord of a lesser amount than the charges herein reserved shall be deemed to be other than on account of the earliest stipulated rent or other charges, nor shall any endorsement or statement on any check or on any letter accompanying any check be deemed to be an accord and satisfaction. Landlord shall not be deemed to have accepted payment made to a "lockbox" or other depository until ten (10) days after Landlord’s 's actual receipt of the payment if, and only if, during said period Landlord did not refund or attempt to refund such payment. Landlord’s 's consent to or approval of any act by Tenant requiring Landlord’s 's consent or approval shall not be deemed to waive or render unnecessary Landlord’s 's consent to or approval of any subsequent act by Tenant.

Appears in 1 contract

Samples: Medi Ject Corp /Mn/

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