Common use of Acceptance of Rent Clause in Contracts

Acceptance of Rent. If this Sublease is assigned, whether or not in violation of the provisions of this Sublease, Sublandlord may collect rent from the assignee. If all or any part of the Premises are sublet, whether or not in violation of this Sublease, Sublandlord may, after default by Subtenant and expiration of Subtenant's time to cure such default, collect rent from the subtenant. In either event, 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 Subtenant from the performance by Subtenant of Subtenant's obligations under this Sublease.

Appears in 2 contracts

Samples: Sublease Agreement (Vitalstream Holdings Inc), Sublease (Focal Communications Corp)

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Acceptance of Rent. If this Sublease Lease is assigned, whether or not in violation of the provisions of this SubleaseLease, Sublandlord Landlord may collect rent from the assignee. If all or any part of the Premises are sublet, whether or not in violation of this SubleaseLease, Sublandlord Landlord may, after default by Subtenant Tenant and expiration of Subtenant's Tenant’s time to cure such default, collect rent from the subtenant. In either event, Sublandlord 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 Subtenant Tenant from the performance by Subtenant Tenant of Subtenant's Tenant’s obligations under this SubleaseLease.

Appears in 2 contracts

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

Acceptance of Rent. If this Sublease Lease is assigned, whether or not in violation of the provisions of this SubleaseLease, Sublandlord Landlord may collect rent from the assignee. If all or any part of the Premises are sublet, whether or not in violation of this SubleaseLease, Sublandlord Landlord may, after default by Subtenant Tenant and expiration of Subtenant's Tenant’s time to cure such default, collect rent from the subtenantsubtenant or assignee. In either event, Sublandlord 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 Subtenant Tenant from the performance by Subtenant Tenant of Subtenant's Tenant’s obligations under this SubleaseLease.

Appears in 2 contracts

Samples: Sublease (Upstream Bio, Inc.), Sublease (Upstream Bio, Inc.)

Acceptance of Rent. If this Sublease Lease is assigned, whether or not in violation of the provisions of this SubleaseLease, Sublandlord Landlord may collect rent from the assignee. If all or any part of the Premises are sublet, whether or not in violation of this SubleaseLease, Sublandlord Landlord may, after default by Subtenant Tenant and expiration of Subtenant's Tenant’s time to cure such default, collect rent from the subtenant. In either event, Sublandlord 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 Subtenant Tenant from the performance by Subtenant Xxxxxx of Subtenant's Tenant’s obligations under this SubleaseLease.

Appears in 1 contract

Samples: Assignment and Assumption

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Acceptance of Rent. If this Sublease Lease is assigned, whether or not ------------------ in violation of the provisions of this SubleaseLease, Sublandlord 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 SubleaseLease, Sublandlord Landlord may, after default by Subtenant Tenant and expiration of SubtenantTenant's time to cure such default, collect rent from the subtenantsublessee. In either event, Sublandlord 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 Subtenant Tenant from the performance by Subtenant Tenant of SubtenantTenant's obligations under this SubleaseLease.

Appears in 1 contract

Samples: Data Center Space Lease (Theglobe Com Inc)

Acceptance of Rent. If this Sublease Lease is assigned, whether or not in violation ------------------- of the provisions of this SubleaseLease, Sublandlord 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 SubleaseLease, Sublandlord may, after default by Subtenant and expiration of Subtenant's time to cure such default, Landlord may collect rent and other charges from the subtenant. In either event, Sublandlord 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 Subtenant Tenant from the performance by Subtenant Tenant of SubtenantTenant's covenants and obligations under this SubleaseLease.

Appears in 1 contract

Samples: Lease (Lycos Inc)

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