Common use of Rights of Lessor Clause in Contracts

Rights of Lessor. In the event that Lessee fails to obtain any insurance required of it under the terms of this Lease, Lessor may, at its option, but is not obligated to, obtain such insurance on behalf of Lessee and xxxx Xxxxxx, as additional rent, for the cost thereof. Payment shall be due within ten (10) days of receipt of the billing therefor by Xxxxxx.

Appears in 2 contracts

Samples: Office Lease (Itex Corp), Letter Agreement (Linuxcare Inc)

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Rights of Lessor. In the event that Lessee fails to obtain any insurance required of it under the terms of this Lease, Lessor may, at its option, but is not obligated to, obtain such insurance on behalf of Lessee and xxxx Xxxxxxbxxx Lessee, as additional rent, for the cost thereof. Payment shall be due within ten (10) days of receipt of the billing therefor by XxxxxxLessee.

Appears in 1 contract

Samples: Second Lease Amendment (Sangstat Medical Corp)

Rights of Lessor. In the event that Lessee fails to obtain any insurance required of it under the terms of this Lease, Lessor may, at its option, but is not obligated to, obtain such insurance on behalf of Lessee and xxxx XxxxxxLessee, as additional rent, for the cost thereof. Payment shall be due within wi.thin ten (10) days of receipt of the billing therefor by XxxxxxLessee.

Appears in 1 contract

Samples: Office Lease (Thinking Tools Inc)

Rights of Lessor. In the event that Lessee fails falls to obtain any insurance required of it under the terms of this Lease, Lessor may, at its option, but is not obligated to, obtain such insurance on behalf of Lessee and xxxx Xxxxxxbxxx Lessee, as additional rent, for the cost thereof. Payment shall be due within ten (10) days of receipt of the billing therefor by XxxxxxLessee.

Appears in 1 contract

Samples: MCB Financial Corp

Rights of Lessor. In the event that Lessee fails to obtain any insurance required of it under the terms of this Lease, Lessor may, at its option, but is not obligated to, obtain such insurance on behalf of Lessee and xxxx Xxxxxxbill Xxxsee, as additional rent, for the cost thereof. Payment shall be due within ten (10) days of receipt of the billing therefor by XxxxxxLessee.

Appears in 1 contract

Samples: Salient Lease Terms (Innova Corporation)

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Rights of Lessor. In the event that Lessee fails to obtain any insurance required of it under the terms of this Lease, Lessor may, at its option, but is not obligated to, obtain such insurance on behalf of Lessee and xxxx Xxxxxxbill Xxxsee, as additional rent, for the cost thereof. Payment shall be due within ten (10) business days of receipt of the billing therefor by XxxxxxLessee.

Appears in 1 contract

Samples: Sublease Agreement (Innova Corporation)

Rights of Lessor. In the event that Lessee fails to obtain any insurance required of it under the terms of this Lease, Lessor may, at its option, but is not obligated to, obtain such insurance on behalf of Lessee and xxxx Xxxxxxbill Lessee, as additional rentadditixxxx xxxx, for the cost thereof. Payment shall be due within ten (10) days of receipt of the billing therefor by XxxxxxLessee.

Appears in 1 contract

Samples: Service Office Lease (Thermogenesis Corp)

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