Application of Rent. No payment by Tenant or receipt by Landlord of lesser amounts of Base Annual Rent or Additional Rent than those required by this Lease shall be deemed to be other than on account of the earliest unpaid stipulated Base Annual Rent or Additional Rent. No endorsement or statement on any check or any letter accompanying any check or payment as Base Annual Rent or Additional Rent shall be deemed an accord and satisfaction, and Landlord may accept such check or payment without prejudice to Landlord's right to recover the balance of such Base Annual Rent and Additional Rent or pursue any other remedy provided in this Lease. Any credit due to Tenant hereunder by reason of overpayment of Base Annual Rent or Additional Rent shall first be applied to any Base Annual Rent, Additional Rent or other sums owed to Landlord by Tenant as set forth elsewhere in this Lease or if Tenant shall be in default when said credit shall be owed.
Application of Rent. Xxxxxx agrees that Landlord may apply any payment of Rent Landlord receives from Tenant first to any additional rent, outstanding fees, costs or charges owed by Tenant to Landlord under this Apartment Lease and then to the first rent payment due and owing regardless of any statement by Xxxxxx, written or oral, or any notation on Tenant’s rental payment check or money order to the contrary.
Application of Rent. No payment by Tenant or receipt by Landlord of lesser amounts of rent or additional rent than those herein stipulated shall be deemed to be other than on account of the earliest unpaid stipulated rent. No endorsement or statement on any check or any letter accompanying any check or payment as rent shall be deemed an accord and satisfaction, and Landlord may accept such check or payment without prejudice to Landlord's right to recover the balance of such rent or pursue any other remedy provided in this Lease. Any credit due to Tenant hereunder by reason of overpayment of additional rent shall first be applied to any damages or rent owed to Landlord by Tenant if Tenant shall be in default when said credit shall be owed.
Application of Rent. 6 2.9 Late Payment Fee and Interest Charge..................................... 6 2.10 Other Tenant Costs and Expenses.......................................... 6
Application of Rent. Any rent received by Sublessor before the Effective Date under the Existing Lease will be retained in full by Sublessor. The first installment of rent due under this Sublease shall be on March 1, 1998.
Application of Rent. Any Rent received will be applied in this order: (i) to unpaid Rent owed for earlier months than the current month; and then (ii) to Rent owed for the current month.
Application of Rent. If this Agreement be assigned or if the Continental Special Facilities be sublet or occupied by any party other than by Airline, or should any other transfer of interest or rights of any nature prohibited by Section 13.01 occur other than to the Trustee in accordance with the Indenture without authorization of the Board of Control of City, City may collect rent from any assignee, sublessee or transferee and in such event shall apply the net amount collected to the rents payable by Airline hereunder, but such action by City shall not constitute a waiver of the covenant contained in Section 13.01, or acceptance of such assignee, sublessee, or transferee by City, or a release of Airline from this Agreement or any of its obligations hereunder. (End of Article XIII)
Application of Rent. If this Agreement be assigned or if the Leased Premises be sublet or occupied by any party other than by Airline, or should any other transfer of interest or rights of any nature prohibited by Section 16.01 occur without authorization of the Board of Control of City, City may collect rent from any assignee, sublessee or transferee and in such event shall apply the net amount collected to the rents payable by Airline hereunder, without such action by City being a waiver of the covenant contained in Section 16.01 or constituting acceptance of such assignee, sublessee, or transferee by City or releasing Airline from this Agreement or any of its obligations hereunder.
Application of Rent. The Authority covenants to use and apply Annual Rent to payment of debt service of the Bonds, Operating Costs, deposits to required reserve accounts and other appropriate purposes pertaining to the Facilities and/or the Bonds all as provided in the Bond Resolution.
Application of Rent. You agree that we may apply any payment of rent we receive from you first to any additional rent, outstanding fees, costs or charges owed by you to us under this Lease and then to the first rent payment due and owing regardless of any statement by you, written or oral, or any notation on your rental payment check to the contrary.
