Common use of Acceptance and Application of Rent Clause in Contracts

Acceptance and Application of Rent. Any endorsement, statement, condition, direction or other communication on or accompanying any Rent payment shall not be binding on the Landlord and the acceptance of any such payment shall be without prejudice to the Landlord's right to recover the balance of Rent then owing or to pursue any other remedy available to the Landlord. Any payment received by the Landlord may be applied towards amounts then outstanding under this Lease in such manner as the Landlord determines.

Appears in 3 contracts

Samples: Industrial Lease (CUI Global, Inc.), Lease Agreement (Nevada Geothermal Power Inc), Lease Agreement (Argentex Mining Corp)

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Acceptance and Application of Rent. Any endorsement, statement, condition, direction or other communication on or accompanying any Rent payment shall not be binding on the Landlord and the acceptance of any such payment shall be without prejudice to the Landlord's ’s right to recover the balance of Rent then owing or to pursue any other remedy available to the Landlord. Any payment received by the Landlord may be applied towards amounts then outstanding under this Lease in such manner as the Landlord determines.

Appears in 3 contracts

Samples: Lease Agreement, Industrial Lease (Aqua Metals, Inc.), Lease Agreement (Venus Concept Inc.)

Acceptance and Application of Rent. Any endorsement, statement, condition, direction or other communication on or accompanying any Rent payment shall not be binding on the Landlord and the acceptance of any such payment shall be without prejudice to the Landlord's right to recover the balance of Rent then owing or to pursue any other remedy available to the LandlordLandlord unless the Landlord agrees otherwise in writing. Any payment received by the Landlord may be applied towards amounts then outstanding under this Lease in such manner as the Landlord determines.

Appears in 1 contract

Samples: Lease (Span America Medical Systems Inc)

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Acceptance and Application of Rent. Any endorsement, statement, condition, direction or other communication on or accompanying any Rent payment shall not be binding on the Landlord and the acceptance of any such payment shall be without prejudice to the Landlord's ’s right to recover the balance of Rent then owing or to pursue any other remedy available to the Landlord. Any payment received by the Landlord may be applied towards amounts then outstanding under this Lease in such manner as the Landlord determines.

Appears in 1 contract

Samples: Lease Agreement

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