Acceptance of Performance. If this Lease be assigned or if the Premises or any part thereof be sublet or occupied by anybody other than Tenant, Landlord may, after default by Xxxxxx, collect the rent from the assignee, subtenant or occupancy and apply the net amount collected to the rent herein reserved, but no such assignment, subletting, occupancy or collection shall be deemed an acceptance of the assignee, subtenant or occupant as the Tenant hereof, or constitute a release of Tenant from further performance by Tenant of the covenants on the part of Tenant herein contained.
Acceptance of Performance. 8.1 Should it be requested by any of the Parties, a protocol on the acceptance of the Performance shall be written down, which shall be signed by both Parties.
Acceptance of Performance. Landlord shall accept performance by a Recognized Mortgagee of any covenant, condition or agreement on Tenant’s part to be performed hereunder with the same force and effect as though performed by Tenant.
Acceptance of Performance. If this Lease be assigned or if the Premises or any part thereof be sublet or occupied by anybody other than Tenant, Landlord may, after default by Tenant, collect the rent from the assignee, subtenant or occupant and apply the net amount collected to the rent herein reserved retaining the remainder, if any, for the account of Landlord, but no such assignment, subletting, occupancy or collection shall be deemed an acceptance of the assignee, subtenant or occupant as the tenant hereof, or constitute a release of Tenant from further performance by Tenant of the covenants on the part of Tenant herein contained.
Acceptance of Performance. Owner shall accept performance pursuant to and in accordance with this Article XI by the Recognized Mortgagee or the Recognized Mezzanine Lender of any covenant, condition or agreement on Tenant’s part to be performed hereunder with the same force and effect as though performed by Xxxxxx.
Acceptance of Performance. It is agreed by the Parties that the acceptance of Contractor’s performance will be made only by an affirmative action of the City Council of the City of Santa Xxxx in session, evidenced by resolution, and upon the filing by the Contractor of a Release of all Claims of every nature on account of work done under this Contract, together with an affidavit that all claims have been paid. The acceptance by the Contractor of said final payment shall constitute a waiver of all claims against the City arising out of or in connection with this Contract.
Acceptance of Performance. Landlord may accept Rent, additional rent or performance of Tenant’s obligations from any person other than Tenant pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor such acceptance of Rent or of performance shall constitute a waiver or estoppel of Landlord’s right to exercise its remedies for Tenant’s default.
Acceptance of Performance. Under the payment provisions of Section 7, Owner and Contractor agree that, upon satisfactory inspection by the Department of Community Development of the work performed with the materials selected by Owner, the Commissioner of Neighborhood Services or designee will approve payment for the completed work and disburse payment to Contractor. Owner understands and agrees that the City’s right to determine the satisfactory quality of the work is created only for the City’s purposes consistent with the City’s status as a third-party beneficiary as described in Section 21.2 of this Contract. The City will base acceptance of Contractor’s work upon whether the work meets the requirements of the Performance Standards and Specifications of the Division of Neighborhood Services’ General Specifications Manual, HUD standards, and protection of the City’s collateral. The City’s right to accept the Contractor’s work is not created for the purpose of enforcing Owner’s purposes and does not create a City duty or obligation to enforce Owner’s construction standards.
Acceptance of Performance. 15 7.3 Document Review................................................................................15 7.4
Acceptance of Performance. If Borrower causes any of Borrower's obligations in this Mortgage to be performed by Ground Lessee pursuant to the Ground Lease provisions, Lender agrees to accept such performance as if such obligation had been performed by Borrower, provided, however, Ground Lessee's failure to perform any such obligation shall not excuse the performance by Borrower of all of Borrower's obligations hereunder. However, if any such obligations are to be in the first instance performed by Borrower and a Default has occurred, Lender need not accept any such performance by Ground Lessee. BORROWER ACKNOWLEDGES THAT IT HAS RECEIVED, FREE OF CHARGE, A TRUE AND CORRECT COPY OF THIS MORTGAGE. [The rest of this page left intentionally blank.]
