Common use of Acceptance of Rent Clause in Contracts

Acceptance of Rent. If this Lease is assigned, whether or not in violation of the provisions of this Lease, Landlord may collect rent from the assignee. If all or any part of the Premises are sublet, whether or not in violation of this Lease, Landlord may, after default by Tenant and expiration of Tenant’s time to cure such default, collect rent from the subtenant or assignee. In either event, Landlord may apply the net amount collected to payment of Rents, but no such assignment, subletting, or collection shall be deemed a waiver of any of the provisions of this Article, an acceptance of the assignee or subtenant as a lessee, or a release of Tenant from the performance by Tenant of Tenant’s obligations under this Lease.

Appears in 2 contracts

Samples: Totten Pond (Upstream Bio, Inc.), Totten Pond (Upstream Bio, Inc.)

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Acceptance of Rent. If this Lease is assigned, whether or not in violation of the provisions of this Lease, Landlord may collect rent from the assignee. If all or any part of the Premises are sublet, whether or not in violation of this Lease, Landlord may, after default by Tenant and expiration of Tenant’s time to cure such default, collect rent from the subtenant or assigneesubtenant. In either event, Landlord may apply the net amount collected to payment of Rents, but no such assignment, subletting, or collection shall be deemed a waiver of any of the provisions of this Article, an acceptance of the assignee or subtenant as a lessee, or a release of Tenant from the performance by Tenant of Tenant’s obligations under this Lease.

Appears in 2 contracts

Samples: Lease (Cerevel Therapeutics Holdings, Inc.), Assignment and Assumption (Rhythm Holding Company, LLC)

Acceptance of Rent. If this Lease is assigned, whether or not in violation of the provisions of this Lease, Landlord may collect rent from the assignee. If all the Premises or any part of the Premises thereof are sublet, whether or not in violation of this Lease, Landlord may, after default by Tenant and expiration of Tenant’s 's time to cure such default, collect rent from the subtenant or assigneesublessee. In either event, Landlord may apply the net amount collected to payment of Rents, but no such assignment, subletting, subletting or collection shall be deemed a waiver of any of the provisions of this ArticleLease, an acceptance of the assignee or subtenant sublessee as a lessee, or a release of Tenant from the performance by Tenant of Tenant’s obligations under this Lease.

Appears in 2 contracts

Samples: Office Lease (Broadpoint Securities Group, Inc.), Media Metrix Inc

Acceptance of Rent. If this Lease Sublease is assigned, whether or not in violation of the provisions of this LeaseSublease, Landlord Sublandlord may collect rent from the assignee. If all or any part of the Premises are sublet, whether or not in violation of this LeaseSublease, Landlord Sublandlord may, after default by Tenant Subtenant and expiration of Tenant’s Subtenant's time to cure such default, collect rent from the subtenant or assigneesubtenant. In either event, Landlord Sublandlord may apply the net amount collected to payment of Rents, but no such assignment, subletting, or collection shall be deemed a waiver of any of the provisions of this Article, an acceptance of the assignee or subtenant as a lessee, or a release of Tenant Subtenant from the performance by Tenant Subtenant of Tenant’s Subtenant's obligations under this LeaseSublease.

Appears in 2 contracts

Samples: Vitalstream Holdings Inc, Focal Communications Corp

Acceptance of Rent. If this Lease is assigned, whether or not ------------------ in violation of the provisions of this Lease, Landlord may collect rent Rents from the assignee. If all the Premises or any part of the Premises thereof are sublet, whether or not in violation of this Lease, Landlord may, after default by Tenant and expiration of Tenant’s 's time to cure such default, collect rent from the subtenant or assigneesublessee. In either event, Landlord may apply the net amount collected to payment of Rents, but no such assignment, subletting, or collection shall be deemed a waiver of any of the provisions of this Article, an acceptance of the assignee or subtenant sublessee as a lessee, or a release of Tenant from the performance by Tenant of Tenant’s 's obligations under this Lease.

Appears in 1 contract

Samples: Consent Agreement (Theglobe Com Inc)

Acceptance of Rent. If this Lease is assigned, whether or not in violation of the provisions of this Lease, Landlord may collect rent from the assignee. If all the Premises or any part of the Premises thereof are sublet, whether or not in violation of this Lease, Landlord may, after default by Tenant and expiration of Tenant’s 's time to cure such default, collect rent from the subtenant or assigneesublessee. In either event, Landlord may apply the net amount collected to payment of Rents, but no such assignment, subletting, or collection shall be deemed a waiver of any of the provisions of this ArticleLease, an acceptance of the assignee or subtenant sublessee as a lessee, or a release of Tenant from the performance by Tenant of Tenant’s obligations under this Lease.

Appears in 1 contract

Samples: Escrow Agreement (Fahnestock Viner Holdings Inc)

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Acceptance of Rent. If this Lease is assigned, whether or not in violation of the provisions of this Lease, Landlord may collect rent from the assignee. If all or any part of the Premises are sublet, whether or not in violation of this Lease, Landlord may, after default an Event of Default by Tenant and expiration of Tenant’s 's time to cure such default, collect rent from the subtenant or assigneesubtenant. In either event, Landlord may apply the net amount collected to payment of Rents, but no such assignment, subletting, or collection shall be deemed a waiver of any of the provisions of this ArticleArticle 25, an acceptance of the assignee or subtenant as a lesseetenant, or a release of Tenant from the performance by Tenant of Tenant’s 's obligations under this Lease.

Appears in 1 contract

Samples: Lease Agreement (Freemarkets Inc)

Acceptance of Rent. If this Lease is assigned, whether or not in violation of the provisions of this Lease, Landlord may collect rent from the assignee. If all or any part of the Premises are sublet, whether or not in violation of this Lease, Landlord may, after default by Tenant and expiration of Tenant’s time to cure such default, collect rent from the subtenant or assigneesubtenant. In either event, Landlord may apply the net amount collected to payment of Rents, but no such assignment, subletting, or collection shall be deemed a waiver of any of the provisions of this Article, an acceptance of the assignee or subtenant as a lessee, or a release of Tenant from the performance by Tenant Xxxxxx of Tenant’s obligations under this Lease.

Appears in 1 contract

Samples: Assignment and Assumption

Acceptance of Rent. If this Lease is assigned, whether or not in violation ------------------- of the provisions of this Lease, Landlord may collect rent and other charges from the assignee. If all or any part of the Premises are sublet, whether or not in violation of this Lease, Landlord may, after default by Tenant and expiration of Tenant’s time to cure such default, may collect rent and other charges from the subtenant or assigneesubtenant. In either event, Landlord may apply the net amount collected to payment of RentsBasic Rent, Escalation Charges and other charges due in respect of this Lease, but no such assignment, subletting, or collection shall be deemed a waiver of any of the provisions of this Article, an acceptance of the assignee or subtenant as a lessee, or a release of Tenant from the performance by Tenant of Tenant’s 's covenants and obligations under this Lease.

Appears in 1 contract

Samples: Indemnity and Public Liability (Lycos Inc)

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