Common use of Rental Payments Clause in Contracts

Rental Payments. Tenant shall pay Rent to Landlord for --------------- each month during the Lease Term as provided in this Lease. Rent shall be due and payable in advance on the first (1st) day of each month during the Lease Term. If the Commencement Date is a date other than the first (1st) day of a calendar month, the Rent for the portion of the calendar month in which the Commencement Date occurs shall be due and payable on the Commencement Date; and the Rent for such partial month shall be prorated based upon the number of days from the Commencement Date to the end of that calendar month. Rent for any partial month at the end of the Lease Term shall be prorated based upon the number of days from the beginning of that month to the end of the Lease Term. Rent shall be payable at the address for Landlord designated in the first (1st) paragraph of this Lease (or at such other address as may be designated by Landlord from time to time). Tenant shall pay all Rent under this Lease at the times and in the manner provided in this Lease, without abatement, notice, demand, counterclaim, or set-off except as otherwise provided for in this Lease.. Any charges or other sums payable by Tenant to Landlord under the terms of this Lease shall be considered as additional Rent. No payment by Tenant or receipt by Landlord of a lesser amount than the total amount of Rent then due shall be deemed to be other than on account of the earliest past due installment of Rent required to be paid under this Lease. No endorsement or statement on any check or in any letter accompanying any check or payment of Rent shall ever be deemed an accord and satisfaction, and Landlord may accept such check or payment without prejudice to Landlord's right to recover the balance of the Rent then due or to pursue any other remedy available under this Lease, at law, or in equity.

Appears in 3 contracts

Samples: Lease Agreement (Equinix Inc), Lease Agreement (Equinix Inc), Lease Agreement (Equinix Inc)

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Rental Payments. Tenant shall pay Rent base rent ("Base Rent") for the Premises to Landlord for --------------- throughout the Term on or before the first day of each calendar month during the Lease Term Term, without deduction or offset, in amount(s) set forth in Section 5 hereof, as provided adjusted in this Lease. Rent accordance with Section 6, except that Tenant shall be due and payable in advance on pay the first (1st) day of each month during the Lease Termmonthly installment concurrently with Tenant's execution hereof. If the Commencement Date is Term commences on a date day other than the first (1st) day of a calendar month, then the Base Rent for the portion of the calendar month in which the Commencement Date occurs shall be due and payable on the Commencement Date; and the Rent for such first partial month shall be prorated based upon the number of days from the Commencement Date to the end of that calendar monthequitably prorated. Rent for any partial month at the end of the Lease Term shall be prorated based upon the number of days from the beginning of that month to the end of the Lease Term. Rent shall be payable at the address for Landlord designated in the first (1st) paragraph of this Lease (or at such other address as may be designated by Landlord from time to time). Tenant shall pay all Rent under this Lease at the times and in the manner provided in this Lease, without abatement, notice, demand, counterclaim, or set-off except as otherwise provided for in this Lease.. Any charges or other All sums payable by Tenant to Landlord under the terms of this Lease hereunder shall be considered paid to Landlord, without deduction or offset, in lawful money of the United States of America, addressed to Landlord c/o Argus Commercial, 000 X. Xxxxxxxx Street, Suite 141, Los Angeles, California, 90071, or to such other person or at such other place as additional RentLandlord may from time to time designate in writing. No If any installment of Base Rent is not received by Landlord within ten (10) days after the date such installment is due, Tenant shall pay a late charge equal to eight percent (8%) of such installment and the installment and late charge shall bear interest at the highest rate permitted by law. Tenant recognizes and agrees that the late charge is intended to compensate Landlord for and is a reasonable estimate of the administrative, legal, bookkeeping and other expenses which will result from such delinquent rent payment, which costs and expenses would be extremely difficult and impractical to calculate. Any payment by Tenant or receipt by Landlord of a lesser amount than the total amount of Rent then due stipulated herein for Base Rent, additional rent or any other charge hereunder shall be deemed to be other than on account payment of the earliest past due installment of Rent required to be paid under this Leasestipulated rent, additional rent or other charge then due. No endorsement or statement on any a check or in any and no letter accompanying any check or payment of Rent shall ever be deemed an accord and satisfaction, and . Landlord may accept such any check or payment without prejudice to Landlord's right rights to recover the balance of the Rent rent, additional rent or other charges then due or to pursue any other remedy set forth in this Lease or available under this Lease, at law, law or in equity.

Appears in 2 contracts

Samples: Adexa Inc, Adexa Inc

Rental Payments. Tenant shall pay Rent to Landlord for --------------- each month during the Lease Term as provided in this Lease. Rent shall be due and payable Landlord, in advance and without demand, on or prior to the first (1st) day of each calendar month during the Lease Term. If the Commencement Date is a date other than the (and if such first (1st) day is not a business day, then on the Business Day immediately prior to said first (1st) day) during the Term, in lawful money of a calendar monththe United States of America, by wire or ACH Xxxxxxxxxxx Xxxxx transfer of immediately available funds, and pursuant to the wiring instructions attached hereto as Schedule 3.1.1, or at such place, by such other means or to such other Person(s) as Landlord from time to time may designate in writing, the Fixed Rent (and Additional Rent in those instances described in Section 3.2 below) payable in respect of such month. Landlord may, by written notice to Tenant at any time and from time to time, elect to require that Rent (or portions thereof designated by Landlord) owing hereunder be paid to a lock box. Fixed Rent (and Additional Rent in those instances described in Section 3.2 below) shall be paid in equal, consecutive monthly installments; provided, however, that the first payment of Fixed Rent (and the aforesaid Additional Rent) shall be payable on the Commencement Date and shall be prorated for the portion period from and including the Commencement Date through the last calendar day of the calendar month in which the Commencement Date occurs shall be due occurs. Said first payment of Fixed Rent and payable on the Commencement Date; Additional Rent, and the last monthly payment of Fixed Rent for such partial month and Additional Rent shall be prorated based upon the number of days from the Commencement Date on a per diem basis as to the end of that calendar any partial month. Rent for any partial month at the end of the Lease Term shall be prorated based upon the number of days from the beginning of that month to the end of the Lease Term. Rent shall be payable at the address for Landlord designated in the first (1st) paragraph of this Lease (or at such other address as may be designated by Landlord from time to time). Tenant shall pay all Rent under this Lease at the times and in the manner provided in this Lease, without abatement, notice, demand, counterclaim, or set-off except as otherwise provided for in this Lease.. Any charges or other sums payable by Tenant to Landlord under the terms of this Lease shall be considered as additional Rent. No payment by Tenant or receipt by Landlord of a lesser amount than the total amount of Rent then due Potential Default shall be deemed to be other than exist under this Lease solely on account of any failure by Tenant to have paid Landlord Fixed Rent (and Additional Rent in those instances described in Section 3.2 below) within the earliest past due installment first four (4) calendar days of Rent required to be paid under this Lease. No endorsement or statement on any check or in any letter accompanying any check or payment of Rent shall ever be deemed an accord and satisfaction, and Landlord may accept such check or payment without prejudice to Landlord's right to recover each month during the balance of the Rent then due or to pursue any other remedy available under this Lease, at law, or in equityTerm.

Appears in 1 contract

Samples: Master Lease Agreement (Capital Senior Living Corp)

Rental Payments. Tenant shall pay Rent to Landlord for --------------- each month during For the Lease Term as provided in this Lease. Rent shall be due and payable in advance period commencing on the first (1st) day of each month during the Lease Term. If the Commencement Date is a date other than the first (1st) day of a calendar month, the Rent for the portion of the calendar month in which the Commencement Date occurs shall be due hereof and payable ending on the Commencement Date; and the Rent for such partial month shall be prorated based upon the number earlier of days from the Commencement Date to the end of that calendar month. Rent for any partial month at (x) the end of the Site Lease Term and (y) the Lease Termination Date (but only if on such Lease Termination Date, no Event of Default or Lease Event of Default shall have occurred and be continuing), the rent payable by Site Lessee hereunder for the lease of the Site, the right to use the Easements and the grant of the easements granted pursuant to Article VIII hereof shall be prorated based $1 per year. Site Lessee agrees to pay the sum of $20 towards such rent in advance upon the number execution of days from this Site Lease. After the beginning Lease Termination Date (but only if on such Lease Termination Date, no Event of that month Default or Lease Event of Default shall have occurred and be continuing) to the end of the Site Lease Term, Site Lessee shall pay to Site Lessor, for the lease of the Site, the right to use the Easements and the grant of the easements granted pursuant to Article VIII hereof, the Fair Market Rental Value of the Site, the right to use the Easements and the grant of the easements granted pursuant to Article VIII hereof, for such period. Rent Such rent shall be payable at quarterly in arrears during the address for Landlord designated in period commencing on the first Lease Termination Date (1stbut only if on such Lease Termination Date, no Event of Default or Lease Event of Default shall have occurred and be continuing) paragraph of this Lease (or at such other address as may be designated by Landlord from time to time). Tenant shall pay all Rent under this Lease at and ending on the times and in the manner provided in this Lease, without abatement, notice, demand, counterclaim, or set-off except as otherwise provided for in this Lease.. Any charges or other sums payable by Tenant to Landlord under the terms of this Lease shall be considered as additional Rent. No payment by Tenant or receipt by Landlord of a lesser amount than the total amount of Rent then due shall be deemed to be other than on account last day of the earliest past due installment of Rent required to be paid under this Lease. No endorsement or statement on any check or in any letter accompanying any check or payment of Rent shall ever be deemed an accord and satisfaction, and Landlord may accept such check or payment without prejudice to Landlord's right to recover the balance of the Rent then due or to pursue any other remedy available under this Lease, at law, or in equitySite Lease Term.

Appears in 1 contract

Samples: Panda Interfunding Corp

Rental Payments. Tenant shall pay Base Rent and Additional Rent to Landlord for --------------- each month during the Lease Term as provided in this Lease. Rent shall be due and payable in advance on the first (1st) day of each month during the Lease Term. If the Commencement Date is a date other than the first (1st) day of a calendar month, the Rent for the portion of the calendar month in which the Commencement Date occurs shall be due and payable on the Commencement Date; and the Rent for such partial month shall be prorated based upon the number of days from the Commencement Date to the end of that calendar month. Rent for any partial month at the end of the Lease Term shall be prorated based upon the number of days from the beginning of that month to the end of the Lease Term. Rent shall be payable at the address for Landlord designated in the first (1st) paragraph of this Lease (or at such other address as may be designated in writing by Landlord from time to time). Tenant shall pay all Rent under this Lease at the times and in the manner provided in this Lease, without abatement, notice, demand, counterclaim, or set-off off, except as otherwise provided for specifically set forth in this Lease.. . Any charges or other sums payable by Tenant to Landlord under the terms of this Lease shall be considered as additional Additional Rent. No payment by Tenant or receipt by Landlord of a lesser amount than the total amount of Rent then due shall be deemed to be other than on account of the earliest past due installment of Rent required to be paid under this Lease. No endorsement or statement on any check or in any letter accompanying any check or payment of Rent shall ever be deemed an accord and satisfaction, and Landlord may accept such check or payment without prejudice to Landlord's right to recover the balance of the Rent then due or to pursue any other remedy available under this Lease, at law, or in equity.

Appears in 1 contract

Samples: Lease Agreement (Select Comfort Corp)

Rental Payments. Tenant Lessee shall pay Rent the rental installments (each a “Rental Payment”) as and when specified herein and in each Equipment Schedule. EACH LEASE IS NON-CANCELABLE AND NON-TERMINABLE FOR THE LEASE TERM AND LESSEE’S OBLIGATION TO PAY ALL RENTAL PAYMENTS AND OTHER AMOUNTS DUE THEREUNDER SHALL BE ABSOLUTE AND UNCONDITIONAL AND NOT SUBJECT TO DEFENSE, ABATEMENT, DEDUCTION OR SETOFF AGAINST LESSOR OR ANY ASSIGNEE, TRANSFEREE OR SECURED LENDER OF LESSOR (EACH AN “ASSIGNEE”) OF ANY AMOUNTS WHATSOEVER. Lessee shall pay the Rental Payments: (a) from the Acceptance Date to Landlord for --------------- each month during the Base Lease Commencement Date and through the balance of the Lease Term Term; (b) to Lessor at the address specified above unless otherwise instructed by Lessor or its Assignee; and (c) except as provided otherwise directed by Lessor in this Lease. Rent shall be writing, all Rental Payments are due and payable in advance on the first (1st) day of each month rental period or portion of a rental period during the Lease TermTerm (each a “Rental Payment Date”). If the Commencement Date is a date other than the first (1st) day of a calendar month, the Rent for the portion of the calendar month in which the Commencement Date occurs shall be The Rental Payment due and payable for portions of a rental period shall be calculated by Lessor on a prorata, per diem basis. Lessor intends to invoice Lessee at least fifteen days prior to each Rental Payment Date, but Lessor’s failure to provide an invoice or any other notice to Lessee relating to any Rental Payment Date shall not in any way relieve or defer Lessee’s obligation to pay Rental Payments on the Commencement applicable Rental Payment Date; . Each Lease constitutes a net lease, it being the intention of the parties that all costs, expenses and liabilities associated with the Rent for Equipment subject to such partial month Lease and/or its lease shall be prorated based upon borne by the number of days from the Commencement Date Lessee. Whenever any amount due under a Lease is not received by Lessor or its Assignee when due, Lessee shall pay a delinquency charge equal to the end lesser of that calendar month. Rent for any partial month at the end five percent of the Lease Term shall be prorated based upon the number of days from the beginning of that month to the end of the Lease Term. Rent shall be payable at the address for Landlord designated in the first (1st) paragraph of this Lease (or at such other address as may be designated by Landlord from time to time). Tenant shall pay all Rent under this Lease at the times and in the manner provided in this Lease, without abatement, notice, demand, counterclaim, or set-off except as otherwise provided for in this Lease.. Any charges or other sums payable by Tenant to Landlord under the terms of this Lease shall be considered as additional Rent. No payment by Tenant or receipt by Landlord of a lesser amount than the total amount of Rent then due shall be deemed to be other than on account of the earliest past due installment of Rent required to be paid under this Lease. No endorsement or statement on any check or in any letter accompanying any check or payment of Rent shall ever be deemed an accord and satisfactionthe maximum amount allowed by law, and Landlord may accept such check or payment without prejudice delinquency charge shall continue to Landlord's right to recover apply for each subsequent month the balance of the Rent then due or to pursue any other remedy available amount remains unpaid, until Lessor exercises its rights under this LeaseSection 12(c) hereof, whereafter interest shall accrue at law, or in equity1.5% per month.

Appears in 1 contract

Samples: Master Lease Agreement (Affirmative Insurance Holdings Inc)

Rental Payments. Tenant Lessee shall pay Rent to Landlord Lessor, as rental for --------------- Equipment during each month during of the Initial Lease Term as provided in this Lease. of any Schedule and during any Holdover Period, an amount equal to the Rent Factor multiplied by the total Cost of the Equipment to Lessor, which amount shall be due and payable in advance on the first (1st) day of each calendar month during the Initial Lease Term and during any Holdover Period. The Rent Factor will be calculated for each Schedule (and such Rent Factor shall be fixed for such Schedule's Initial Lease Term. If ) based on a basis point for basis point adjustment (if any) to the Commencement Date is a date other than Initial Implicit Rate equal to the first (1st) day change from the Treasury Base Rate in the U.S. Treasury note rate for notes of a calendar monthterm equal to the Treasury Note Maturity as quoted in The Wall Street Journal three days prior to the date such Schedule is funded. It is not the intent of the parties to create rent or other payment obligations of Lessee which will be considered usurious under applicable law. However, if any such payment shall be found to be usurious by a court of competent jurisdiction, then Rental Payments or such other amounts shall automatically be reduced to the Rent for highest rate or amounts permitted by applicable law and the usurious portion of the calendar month in which the Commencement Date occurs Rental Payments or such other amounts shall be due and payable on the Commencement Date; and the Rent for such partial month shall be prorated based upon the number of days from the Commencement Date applied to the end of that calendar month. Rent for any partial month at the end of Lessee's remaining obligations under the Lease Term shall be prorated based upon the number of days from the beginning of that month in a manner reasonably determined by Lessor. In addition to the end of the Lease Term. Rent shall be payable at the address for Landlord designated in the first (1st) paragraph of this Lease (or at such other address as may be designated by Landlord from time to time). Tenant shall pay all Rent under this Lease at the times and in the manner provided in this Lease, without abatement, notice, demand, counterclaim, or set-off except as otherwise provided for in this Lease.. Any charges or other sums payable by Tenant to Landlord under the terms of this Lease shall be considered as additional Rent. No payment by Tenant or receipt by Landlord of a lesser amount than the total amount of Rent then due shall be deemed to be other than on account of the earliest past due installment of Rent required to be paid under this Lease. No endorsement or statement on any check or in any letter accompanying any check or payment of Rent shall ever be deemed an accord and satisfaction, and Landlord may accept such check or payment without prejudice to Landlord's right to recover the balance of the Rent then due or to pursue any other remedy available remedies that Lessor may have under this Lease, if Lessee fails to pay any Rental Payment or Interim Rent or other amount herein provided within five (5) business days after the same is due, Lessee shall pay to Lessor a late charge calculated daily from the due date until the date of payment, at the rate of two percent (2%) of such amount per month, or at the highest rate permitted by applicable law, whichever is less, to compensate Lessor for additional bookkeeping and collection expense. All Rental Payments, Advance Rental, Interim Rent, late charges and other amounts for which Lessee is liable shall be paid to Lessor at its address as set forth above or in equityas otherwise directed by Lessor.

Appears in 1 contract

Samples: Master Lease Agreement Agreement (Quality Care Solutions Inc)

Rental Payments. Except for delinquent Rental Payments, all Rental Payments under the Tenant shall pay Rent to Landlord for --------------- each month during the Lease Term as provided in this Lease. Rent Leases shall be due prorated between Buyer and payable Seller, Seller being charged and credited for all of the same allocable to the period up to the Closing Date, and Buyer being charged and credited for all of the same allocable to the period from and after the Closing Date. Seller shall be entitled to retain all paid Rental Payments and other items allocable to the period prior to the Closing. Seller shall deliver or provide a credit in advance an amount equal to all prepaid Rental Payments and other items paid by tenants for periods from and after the Closing Date to Buyer on the Closing Date. Rental Payments which are delinquent as of the Closing Date shall not be prorated on the Closing Date. Buyer shall include such delinquencies in its normal billing and shall use commercially reasonable efforts for a period of at least four (4) months following the Closing Date to collect past due Rental Payments by billing and invoicing Tenants owing any such amounts to Seller on a monthly basis, and to institute the same “follow up” actions or programs used by Buyer to collect delinquent amounts owed by Tenants to Buyer in the ordinary course of business, provided that Buyer will not be obligated to institute or threaten any lawsuit or other collection procedures against Tenants. Buyer shall not agree to any waiver, reduction, deferral, extension, or any other compromise of any delinquent Rental Payment without Seller’s prior written consent. To the extent Buyer receives Rental Payments on or after the Closing Date, such payments shall be applied first (1st) day of each month during toward the Lease Term. If the Commencement Date is a date other than the first (1st) day of a calendar month, the Rent rent for the portion of the calendar month in which the Commencement Date occurs shall be due and payable on the Commencement Date; and the Rent for such partial month shall be prorated based upon the number of days from the Commencement Date Closing occurs, then to the end of that calendar monthrent owed to Buyer in connection with the Tenant Leases for which such payments are received, and then to any delinquent rents owed to Seller, with Seller’s share thereof being promptly delivered to Seller. Rent Buyer may not waive any delinquent rents nor modify the Tenant Leases so as to reduce or otherwise affect amounts owed thereunder for any partial month at period in which Seller is entitled to receive a share of such amounts without first obtaining Seller’s written consent. Seller hereby reserves the end of the Lease Term shall be prorated based upon the number of days from the beginning of that month to the end of the Lease Term. Rent shall be payable at the address for Landlord designated in the first (1st) paragraph of this Lease (or at such other address as may be designated by Landlord from time to time). Tenant shall pay all Rent under this Lease at the times and in the manner provided in this Lease, without abatement, notice, demand, counterclaim, or set-off except as otherwise provided for in this Lease.. Any charges or other sums payable by Tenant to Landlord under the terms of this Lease shall be considered as additional Rent. No payment by Tenant or receipt by Landlord of a lesser amount than the total amount of Rent then due shall be deemed to be other than on account of the earliest past due installment of Rent required to be paid under this Lease. No endorsement or statement on any check or in any letter accompanying any check or payment of Rent shall ever be deemed an accord and satisfaction, and Landlord may accept such check or payment without prejudice to Landlord's right to recover the balance of the Rent then due or to pursue any remedy against any tenant owing delinquent Rental Payments and any other remedy available amounts owing to Seller for which Seller did not receive a credit at Closing (but shall not be entitled to commence lawsuits against any Tenant while they are a Tenant of the Property nor terminate any such Tenant Lease or such tenant’s right to possession). Buyer shall reasonably cooperate with Seller in any collection efforts hereunder (but shall not be required to litigate or declare a default under this any Tenant Lease). With respect to delinquent Rental Payments and any other amounts or other rights of any kind respecting tenants who are no longer tenants of the Property as of the Closing Date, at law, or in equitySeller shall retain all rights relating thereto.

Appears in 1 contract

Samples: Contract of Sale (Invesco Real Estate Income Trust Inc.)

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Rental Payments. Tenant Lessee shall pay Rent to Landlord Lessor, as rental for --------------- Equipment during each month during of the Initial Lease Term as provided in of any Schedule and during any Holdover Period, an amount equal to the Rent Factor set forth on the cover page of this Lease. Rent Lease multiplied by the total Cost of the Equipment to Lessor, which amount shall be due and payable in advance on the first (1st) day of each calendar month during the Initial Lease TermTerm and during any Holdover Period. If The Rent Factor will be calculated for each Schedule based on a basis point for basis point adjustment (if any) to the Commencement Date is a date other than Initial Implicit Rate equal to the first (1st) day change from the Treasury Base Rate in the U.S. Treasury note rate for notes of a calendar monthterm equal to the Treasury Note Maturity as quoted in The Wall Street Journal three days prior to the date such Schedule is funded. It is not the intent of the parties to create rent or other payment obligations of Lessee which will be considered usurious under applicable law. However, if any such payment shall be found to be usurious by a court of competent jurisdiction, then Rental Payments or such other amounts shall automatically be reduced to the Rent for highest rate or amounts permitted by applicable law and the usurious portion of the calendar month in which the Commencement Date occurs Rental Payments or such other amounts shall be due and payable on the Commencement Date; and the Rent for such partial month shall be prorated based upon the number of days from the Commencement Date applied to the end of that calendar month. Rent for any partial month at the end of Lessee's remaining obligations under the Lease Term shall be prorated based upon the number of days from the beginning of that month in a manner reasonably determined by Lessor. In addition to the end of the Lease Term. Rent shall be payable at the address for Landlord designated in the first (1st) paragraph of this Lease (or at such other address as may be designated by Landlord from time to time). Tenant shall pay all Rent under this Lease at the times and in the manner provided in this Lease, without abatement, notice, demand, counterclaim, or set-off except as otherwise provided for in this Lease.. Any charges or other sums payable by Tenant to Landlord under the terms of this Lease shall be considered as additional Rent. No payment by Tenant or receipt by Landlord of a lesser amount than the total amount of Rent then due shall be deemed to be other than on account of the earliest past due installment of Rent required to be paid under this Lease. No endorsement or statement on any check or in any letter accompanying any check or payment of Rent shall ever be deemed an accord and satisfaction, and Landlord may accept such check or payment without prejudice to Landlord's right to recover the balance of the Rent then due or to pursue any other remedy available remedies that Lessor may have under this Lease, if Lessee fails to pay any Rental Payment or Interim Rent or other amount herein provided within five (5) business days after the same is due, Lessee shall pay to Lessor a late charge calculated daily from the due date until the date of payment, at the rate of two percent (2%) of such amount per month, or at the highest rate permitted by applicable law, whichever is less, to compensate Lessor for additional bookkeeping and collection expense. All Rental Payments, Advance Rental, Interim Rent, late charges and other amounts for which Lessee is liable shall be paid to Lessor at its address as set forth above or in equityas otherwise directed by Lessor.

Appears in 1 contract

Samples: Master Lease Agreement (Skydesk Inc)

Rental Payments. Tenant shall pay Rent to Landlord for --------------- each month during the Lease Term as provided in this Lease. Rent shall be due and payable in advance on the first (1st) day of each month during the Lease Term. If the Commencement Date is a date other than the first (1st) day of a calendar month, the Rent for the portion of the calendar month in which the Commencement Date occurs shall be due and payable on the Commencement Date; and the Rent for such partial month shall be prorated based upon the number of days from the Commencement Date to the end of that calendar month. Rent for any partial month at the end of the Lease Term shall be prorated based upon the number of days from the beginning of that month to the end of the Lease Term. Rent shall be payable at the address for Landlord designated in the first (1st) paragraph of this Lease (or at such other address as may be designated by Landlord from time to time). Tenant shall pay all Rent under this Lease at the times and in the manner provided in this Lease, without abatement, notice, demand, counterclaim, or set-off except as otherwise provided for in this Lease.. off. Any charges or other sums payable by Tenant to Landlord under the terms of this Lease shall be considered as additional Rent. No payment by Tenant or receipt by Landlord of a lesser amount than the total amount of Rent then due shall be deemed to be other than on account of the earliest past due installment of Rent required to be paid under this Lease. No endorsement or statement on any check or in any letter accompanying any check or payment of Rent shall ever be deemed an accord and satisfaction, and Landlord may accept such check or payment without prejudice to Landlord's ’s right to recover the balance of the Rent then due or to pursue any other remedy available under this Lease, at law, or in equity.

Appears in 1 contract

Samples: Master Lease Agreement (Paladin Realty Income Properties Inc)

Rental Payments. Tenant shall pay Rent to Landlord for --------------- each month during the Lease Term as provided in this Lease. Rent shall be due and payable in advance on the first (1st) day of each month during the Lease Term. If the Commencement Date is a date other than the first (1st) day of a calendar month, the Rent for the portion of the calendar month in which the Commencement Date occurs shall be due and payable on the Commencement Date; and the Rent for such partial month shall be prorated based upon the number of days from the Commencement Date to the end of that calendar month. Rent for any partial month at the end of the Lease Term shall be prorated based upon the number of days from the beginning of that month to the end of the Lease Term. Rent shall be payable at the address for Landlord designated in the first (1st) paragraph of this Lease (or at such other address as may be designated by Landlord from time to time). Tenant shall pay all Rent under this Lease at the times and in the manner provided in this Lease, without abatement, notice, demand, counterclaim, or set-off except as otherwise provided for in this Lease.. Any charges or other sums payable by Tenant to Landlord under the terms of this Lease shall be considered as additional Rentoff. No payment by Tenant or receipt by Landlord of a lesser amount than the total amount of Rent then due shall be deemed to be other than on account of the earliest past due installment of Rent required to be paid under this Lease. No endorsement or statement on any check or in any letter accompanying any check or payment of Rent shall ever be deemed an accord and satisfaction, and Landlord may accept such check or payment without prejudice to Landlord's right to recover the balance of the Rent then due or to pursue any other remedy available under this Lease, at law, or in equity.

Appears in 1 contract

Samples: Lease Agreement (SMTC Corp)

Rental Payments. Tenant shall pay Rent to Landlord for --------------- each month during For the Lease Term as provided in this Lease. Rent shall be due and payable in advance period commencing on the first (1st) day of each month during the Lease Term. If the Commencement Date is a date other than the first (1st) day of a calendar month, the Rent for the portion of the calendar month in which the Commencement Date occurs shall be due hereof and payable ending on the Commencement Date; and the Rent for such partial month shall be prorated based upon the number earlier of days from the Commencement Date to the end of that calendar month. Rent for any partial month at (x) the end of the Site Lease Term and (y) the Lease Termination Date (but only if on such Lease Termination Date, no Event of Default or Lease Event of Default shall have occurred and be continuing), the rent payable by Site Lessee hereunder for the lease of the Site and the grant of the easements granted pursuant to Article VIII hereof shall be prorated based $1 per year. Site Lessee agrees to pay the sum of $20 towards such rent in advance upon the number execution of days from this Site Lease. After the beginning Lease Termination Date (but only if on such Lease Termination Date, no Event of that month Default or Lease Event of Default shall have occurred and be continuing) to the end of the Site Lease Term, Site Lessee shall pay to Site Lessor, for the lease of the Site and the grant of the easements granted pursuant to Article VIII hereof, the Fair Market Rental Value of the Site and the grant of the easements granted pursuant to Article VIII hereof, for such period. Rent Such rent shall be payable at quarterly in arrears during the address for Landlord designated in period commencing on the first Lease Termination Date (1stbut only if on such Lease Termination Date, no Event of Default or Lease Event of Default shall have occurred and be continuing) paragraph of this Lease (or at such other address as may be designated by Landlord from time to time). Tenant shall pay all Rent under this Lease at and ending on the times and in the manner provided in this Lease, without abatement, notice, demand, counterclaim, or set-off except as otherwise provided for in this Lease.. Any charges or other sums payable by Tenant to Landlord under the terms of this Lease shall be considered as additional Rent. No payment by Tenant or receipt by Landlord of a lesser amount than the total amount of Rent then due shall be deemed to be other than on account last day of the earliest past due installment of Rent required to be paid under this Lease. No endorsement or statement on any check or in any letter accompanying any check or payment of Rent shall ever be deemed an accord and satisfaction, and Landlord may accept such check or payment without prejudice to Landlord's right to recover the balance of the Rent then due or to pursue any other remedy available under this Lease, at law, or in equitySite Lease Term.

Appears in 1 contract

Samples: Site Lease (Panda Interfunding Corp)

Rental Payments. Throughout the term of this Lease, Tenant shall pay Rent to Landlord for --------------- each month during the Lease Term Landlord, without demand, deductions, set-offs or counterclaims, except as provided in Section 34.A of this Lease. , the rent, which is hereby defined as the sum of the Minimum Rent and all Additional Rent, when and as the same shall be due and payable in advance hereunder. Tenant shall also pay to Landlord all applicable sales or other taxes (but no income taxes of any kind) which may be imposed on any item of rent at the first (1st) day same time as such item of each month during the Lease Term. If the Commencement Date rent is a date other than the first (1st) day of a calendar month, the Rent for the portion of the calendar month in which the Commencement Date occurs shall be due and payable on the Commencement Date; and the Rent for such partial month shall be prorated based upon the number to Landlord. Unless otherwise stated, all sums of days from the Commencement Date to the end money or charges of that calendar month. Rent for any partial month at the end of the Lease Term shall be prorated based upon the number of days from the beginning of that month to the end of the Lease Term. Rent shall be payable at the address for Landlord designated in the first (1st) paragraph of this Lease (kind or at such nature, other address as may be designated by Landlord from time to time). Tenant shall pay all Rent under this Lease at the times and in the manner provided in this Leasethan Minimum Rent, without abatement, notice, demand, counterclaim, or set-off except as otherwise provided for in this Lease.. Any charges or other sums payable by Tenant to Landlord under pursuant to this Lease or the terms exhibits attached hereto are defined as "Additional Rent" and are due thirty (30) days after the rendering of an invoice therefor, and failure to pay such sums of money or charges shall carry the same consequences as Tenant's failure to pay Minimum Rent. All Minimum Rent and Additional Rent shall be payable in United States funds to Landlord (or such other name as Landlord shall direct in writing) and sent to Landlord at the address set forth on the first paragraph of this Lease shall be considered Lease, or as additional Rentotherwise directed by Landlord (but only within the continental United States). No payment by Tenant or receipt by Landlord of a lesser amount than the total amount of Rent then due correct rent shall be deemed to be other than a payment on account of the earliest past due installment of Rent required to be paid under this Lease. No and no endorsement or statement on any check or in any letter other communication accompanying any a check or for payment of Rent any amounts payable hereunder shall ever be deemed an accord and satisfaction, and Landlord may accept such check or in payment without prejudice to Landlord's right to recover the balance of the Rent then due any sums owed by Tenant hereunder or to pursue against Tenant any other remedy additional remedies available under this Lease, Lease or provided at law, law or in equity. Without limitation of any other obligations of Tenant which shall survive the expiration of the Term, the obligations of Tenant to pay Minimum Rent and Additional Rent which have accrued as of the date of expiration or sooner termination of the Term of this Lease shall survive such expiration or earlier termination.

Appears in 1 contract

Samples: Lease (Smith & Wollensky Restaurant Group Inc)

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