Application of Rental Payments. All rental payments received shall be applied: first to the Base Rental Payments due hereunder (including any prepayment premium components); and thereafter to all Additional Rental due hereunder, but no such application of any payments which are less than the total rental due and owing shall be deemed a waiver of any default hereunder.
Appears in 3 contracts
Samples: Facilities Lease, Master Facilities Lease, Facility Lease
Application of Rental Payments. All rental payments Base Rental Payments received shall be applied: applied first to the interest components of the Base Rental Payments due hereunder, then to the principal components (including any prepayment premium components) of the Base Rental Payments due hereunder (including any prepayment premium components); and thereafter to all Additional Rental due hereunder, but no such application of any payments which are less than the total rental due and owing shall be deemed a waiver of any default hereunder.
Appears in 2 contracts
Application of Rental Payments. All rental payments Base Rental Payments received shall be applied: applied first to the interest components of the Base Rental Payments due hereunder, then to the principal components (including any prepayment premium components) of the Base Rental Payments due hereunder (including any prepayment premium components); and thereafter to all Additional Rental Payments due hereunder, but no such application of any payments which are less than the total rental due and owing shall be deemed a waiver of any default hereunder.
Appears in 1 contract
Samples: Facility Lease
Application of Rental Payments. All rental payments received shall be applied: applied first to the Base Rental Payments payments due hereunder (including any prepayment premium components); hereunder, and thereafter then to all the Additional Rental payments due hereunder, but no such application of any payments which are less than the total rental due and owing shall be deemed a waiver of any default hereunder.
Appears in 1 contract
Samples: Project Lease
Application of Rental Payments. All rental payments received shall be applied: first to the Base Rental Payments due hereunder (including any prepayment premium components); and thereafter to all Additional Rental due hereunder, but no such application of any payments which are less than the total rental due and owing shall be deemed a waiver of any default hereunder.premium
Appears in 1 contract
Samples: Facilities Lease
