Acknowledgment by Landlord. In the event of a default under the Deed of Trust, at the election of Beneficiary, Tenant shall and is directed to pay all rent and all other sums due under the Lease to Beneficiary.
Appears in 14 contracts
Samples: Industrial Lease (ViewRay, Inc.), Lease Agreement (Solta Medical Inc), Industrial Lease (NeoStem, Inc.)
Acknowledgment by Landlord. In the event of a default under the -------------------------- Deed of Trust, at the election of Beneficiary, Tenant shall and is directed to pay all rent and all other sums due under the Lease to Beneficiary.
Appears in 3 contracts
Samples: Lease Agreement (Clarent Corp/Ca), Lease Agreement (Clarent Corp/Ca), Lease Agreement (Maxygen Inc)
Acknowledgment by Landlord. In the event of a default under the Deed -------------------------- of Trust, at the election of Beneficiary, Tenant shall and is directed to pay all rent and all other sums due under the Lease to Beneficiary.
Appears in 2 contracts
Samples: Industrial Lease (Valicert Inc), Industrial Lease (Valicert Inc)
Acknowledgment by Landlord. In the event of a default under the Deed of TrustTrust by Landlord, at the election of Beneficiary, Tenant shall and is directed to pay all rent and all other sums due under the Lease to Beneficiary. Landlord agrees that Tenant shall not be in default of the Lease for making such payment to Beneficiary and not Landlord and further that Tenant shall have no duty to investigate any notice of such default.
Appears in 1 contract
Acknowledgment by Landlord. In the event of a default under the Deed -------------------------- of Trust, at the election of Beneficiary, Tenant shall and is directed to pay all rent and all other sums due under the Lease to Beneficiary, and Tenant shall be entitled to full credit under the Lease for any rent and other sums paid to Beneficiary.
Appears in 1 contract
Samples: Lease Agreement (Phone Com Inc)
Acknowledgment by Landlord. In the event of a default under the Deed of Trust, at the election of BeneficiaryBeneficiary by written notice to Tenant, Tenant shall and is directed to pay all rent and all other sums due under the Lease to Beneficiary. Landlord agrees to honor any payments made by Tenant to Beneficiary under this Section 5 as if such payment had been made to Landlord under the Lease.
Appears in 1 contract
Samples: Office Lease (Copart Inc)
Acknowledgment by Landlord. In the event of a default under the Deed of Trust, at the election of Beneficiary, Tenant shall and is directed to on written notice pay all rent and all other sums due under the Lease to Beneficiary.
Appears in 1 contract
Acknowledgment by Landlord. In the event of a default under the Deed of Trust, at the election of Beneficiary, Tenant shall and is directed to pay all rent and all other sums due under the Lease to BeneficiaryBeneficiary in accordance with Paragraph 2 above.
Appears in 1 contract
Samples: Office Lease (Honest Company, Inc.)