Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease shall be deemed to have assumed Lessor's obligation hereunder. Each Broker shall be a third party beneficiary of the provisions of Paragraphs 1.10, 15, 22 and 31. If Lessor fails to pay to a Broker any amounts due as and for commissions pertaining to this Lease when due, then such amounts shall accrue Interest. In addition, if Lessor fails to pay any amounts to Lessee's Broker when due, Lessee's Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) days after said notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's Broker.
Appears in 29 contracts
Samples: Lease Extension Agreement (Alphatec Holdings, Inc.), Sugarmade, Inc., Diversified Opportunities, Inc.
Assumption of Obligations. Any buyer or transferee of Lessor's ’s interest in this Lease shall be deemed to have assumed Lessor's ’s obligation hereunder. Each Broker Brokers shall be a third party beneficiary beneficiaries of the provisions of Paragraphs 1.10, 15, 22 and 31. If Lessor fails to pay to a Broker Brokers any amounts due as and for commissions brokerage fees pertaining to this Lease when due, then such amounts shall accrue Interest. In addition, if Lessor fails to pay any amounts to Lessee's ’s Broker when due, Lessee's ’s Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) 10 days after said notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's ’s Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's Broker’s Broker for the limited purpose of collecting any brokerage fee owed.
Appears in 11 contracts
Samples: Social Capital Suvretta Holdings Corp. I, Social Capital Suvretta Holdings Corp. I, Vincera Pharma, Inc.
Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease shall be deemed to have assumed Lessor's obligation hereunder. Each Broker shall be a third party beneficiary of the provisions of Paragraphs 1.10, 15, 22 and 31. If Lessor fails to pay to a Broker any amounts due as and for commissions pertaining to this Lease when due, then such amounts shall accrue Interestinterest. In addition, if Lessor fails to pay any amounts to Lessee's Broker when due, Lessee's Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) days after said notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's Broker.
Appears in 8 contracts
Samples: Sublease Agreement (Andromedia Inc), Dippy Foods Inc, Xoma Corp /De/
Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease shall be deemed to have assumed Lessor's obligation hereunder. Each Broker Brokers shall be a third party beneficiary beneficiaries of the provisions of Paragraphs 1.10, 15, 22 and 31. If Lessor fails to pay to a Broker Brokers any amounts due as and for commissions brokerage fees pertaining to this Lease when due, then such amounts shall accrue Interest. In addition, if Lessor fails to pay any amounts to Lessee's Broker when due, Lessee's Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) 10 days after said notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's BrokerBroker for the limited purpose of collecting any brokerage fee owed.
Appears in 7 contracts
Samples: Multi Tenant Office Lease (America Great Health), Exagen Inc., files.gabbart.com
Assumption of Obligations. Any buyer or transferee of LessorXxxxxx's interest in this Lease shall be deemed to have assumed LessorXxxxxx's obligation hereunder. Each Broker Brokers shall be a third party beneficiary beneficiaries of the provisions of Paragraphs 1.10, 15, 22 and 31. If Lessor fails to pay to a Broker Brokers any amounts due as and for commissions brokerage fees pertaining to this Lease when due, then such amounts shall accrue Interest. In addition, if Lessor fails to pay any amounts to LesseeXxxxxx's Broker when due, LesseeXxxxxx's Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) 10 days after said notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, LesseeXxxxxx's Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and LessorXxxxxx's BrokerBroker for the limited purpose of collecting any brokerage fee owed.
Appears in 6 contracts
Samples: Multi Tenant Office Lease (America Great Health), Multi Tenant Office Lease Gross, Multi Tenant Office Lease (America Great Health)
Assumption of Obligations. Any buyer or transferee of Lessor's ’s interest in this Lease shall be deemed to have assumed Lessor's ’s obligation hereunder. Each Broker Brokers shall be a third party beneficiary beneficiaries of the provisions of Paragraphs 1.101.9, 15, 22 and 31. If Lessor fails to pay to a Broker Brokers any amounts due as and for commissions brokerage fees pertaining to this Lease when due, then such amounts shall accrue Interest. In addition, if Lessor fails to pay any amounts to Lessee's ’s Broker when due, Lessee's ’s Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) 10 days after said notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's ’s Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's Broker’s Broker for the limited purpose of collecting any brokerage fee owed.
Appears in 5 contracts
Samples: Hancock Jaffe Laboratories, Inc., Fox Factory Holding Corp, Wesco Aircraft Holdings, Inc
Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease shall be deemed to have assumed Lessor's obligation hereunder. Each Broker Brokers shall be a third party beneficiary beneficiaries of the provisions of Paragraphs 1.101.9, 15, 22 and 31. If Lessor fails to pay to a Broker Brokers any amounts due as and for commissions brokerage fees pertaining to this Lease when due, then such amounts shall accrue Interest. In addition, if Lessor fails to pay any amounts to Lessee's Broker when due, Lessee's Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) 10 days after said notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's BrokerBroker for the limited purpose of collecting any brokerage fee owed.
Appears in 5 contracts
Samples: Asset Purchase Agreement (Item 9 Labs Corp.), printableleaseagreement.org, migcres.com
Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease shall be deemed to have assumed Lessor's obligation hereunder. Each Broker Brokers shall be a third party beneficiary beneficiaries of the provisions of Paragraphs 1.10, 15, 22 and 31. If Lessor fails to pay to a Broker Brokers any amounts due as and for commissions brokerage fees pertaining to this Lease when due, then such amounts shall accrue Interest. In addition, if Lessor fails to pay any amounts to Lessee's Broker when due, Lessee's Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) 10 days after aGer said notice, Lessee shall pay said monies to its Broker and offset offset such amounts against Rent. In addition, Lessee's Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's BrokerBroker for the limited purpose of collecting any brokerage fee owed.
Appears in 4 contracts
Samples: walnutcreek.granicus.com, www.aircre.com, aircre.com
Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease shall be deemed to have assumed Lessor's obligation hereunder. Each Broker Brokers shall be a third party beneficiary beneficiaries of the provisions of Paragraphs 1.10, 15, 22 and 31. If Lessor fails to pay to a Broker Brokers any amounts due as and for commissions brokerage fees pertaining to this Lease when due, then such amounts shall accrue Interest. In addition, if Lessor fails to pay any amounts to Lessee's Broker when due, Lessee's Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) 10 days after aGer said notice, Lessee shall pay said monies to its Broker and offset offset such amounts against Rent. In addition, Lessee's Broker shall be deemed to be a third party beneficiary beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's BrokerBroker for the limited purpose of collecting any brokerage fee owed.
Appears in 3 contracts
Samples: Multitenant Office Lease, images1.cityfeet.com, images1.showcase.com
Assumption of Obligations. Any buyer or transferee of Lessor's ’s interest in this Lease shall be deemed to have assumed Lessor's ’s obligation hereunder. Each Broker shall be a third party beneficiary of the provisions of Paragraphs 1.10, 15, 22 and 31. If Lessor fails to pay to a Broker any amounts due as and for commissions pertaining to this Lease when due, then such amounts shall accrue Interest. In addition, if Lessor fails to pay any amounts to Lessee's ’s Broker when due, Lessee's ’s Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) days after said notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's ’s Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's ’s Broker.
Appears in 3 contracts
Samples: Sublease (Digirad Corp), Lease (Capstone Turbine Corp), Nutech Digital Inc
Assumption of Obligations. Any buyer or transferee of Lessor's ’s interest in this Lease shall be deemed to have assumed Lessor's ’s obligation hereunder. Each Broker shall be a third party beneficiary of the provisions of Paragraphs 1.10, 15, 22 and 31. If Lessor fails to pay to a Broker any amounts due as and for commissions pertaining to this Lease when due, then such amounts shall accrue Interest. In addition, if Lessor fails to pay any amounts to Lessee's ’s Broker when due, Lessee's ’s Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails falls to pay such amounts within ten (10) days after said notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's ’s Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's ’s Broker.
Appears in 2 contracts
Assumption of Obligations. Any buyer or transferee of Lessor's ’s interest in this Lease shall be deemed to have assumed Lessor's ’s obligation hereunder. Each Broker Brokers shall be a third party beneficiary beneficiaries of the provisions of Paragraphs 1.10, 15, 22 22, and 31. If Lessor fails to pay to a Broker Brokers any amounts due as and for commissions brokerage fees pertaining to this Lease when due, then such amounts shall accrue Interestinterest. In addition, if Lessor fails to pay any amounts to Lessee's ’s Broker when due, Lessee's ’s Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) with 10 days after said notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's ’s Broker shall be deemed to be a third third-party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's Broker’s Broker for the limited purpose of collecting any brokerage fee owed.
Appears in 2 contracts
Samples: Office Lease, Office Lease
Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease shall be deemed to have assumed Lessor's obligation hereunder. Each Broker shall be a third party beneficiary of the provisions of Paragraphs 1.10, 15, 22 and 31. If Lessor fails to pay to a Broker any amounts due as and for commissions pertaining to this Lease when due, then than such amounts shall accrue Interest. In addition, if Lessor fails to pay any amounts to Lessee's Broker when due, Lessee's Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) days after said said-notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's Broker.
Appears in 2 contracts
Samples: Letter Agreement (SMTC Corp), Letter Agreement (SMTC Corp)
Assumption of Obligations. Any buyer or transferee of Lessor's ’s interest in this Lease shall be deemed to have assumed Lessor's ’s obligation hereunder. Each Broker shall be a third party beneficiary of the provisions of Paragraphs 1.10, 15, 22 and 31. If Lessor fails to pay to a Broker any amounts due as and for commissions pertaining to this Lease when due, then such amounts shall accrue Interest. In addition, if Lessor fails to pay any amounts to Lessee's ’s Broker when due, Lessee's ’s Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) days after said notice, . Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's ’s Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's ’s Broker.
Appears in 2 contracts
Samples: Arbitration Agreement (Nextest Systems Corp), Arbitration Agreement (Nextest Systems Corp)
Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease shall be deemed to have assumed Lessor's obligation hereunder. Each Broker Brokers shall be a third party beneficiary beneficiaries of the provisions of Paragraphs 1.10, 15, 22 and 31. If Lessor fails to pay to a Broker Brokers any amounts due as and for commissions brokerage fees pertaining to this Lease when due, then such amounts shall accrue Interestinterest. In addition, if Lessor fails to pay any amounts to is Lessee's Broker when due, Lessee's Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) 10 days after said notice, Lessee shall pay said monies to its the Broker and offset such amounts against Rent. In addition, Lessee's Broker broker shall be deemed to be a third party beneficiary of or any commission agreement entered into by and/or between Lessor and Lessor's BrokerBroker for the limited purpose of collecting any brokerage so owed.
Appears in 2 contracts
Samples: Ironclad Performance Wear Corp, Ironclad Performance Wear Corp
Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease shall be deemed to have assumed Lessor's obligation hereunder. Each Broker shall be a third party beneficiary of the provisions of Paragraphs 1.10, 15, 22 and 31. If Lessor fails to pay to a Broker any amounts due as and for commissions pertaining to this Lease when due, then such amounts shall accrue Interest. In addition, if Lessor fails to pay any amounts to Lessee's Broker when due, Lessee's Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) days after said notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's Broker.. 15.3
Appears in 2 contracts
Samples: Laser Pacific Media Corporation, Sigma Circuits Inc
Assumption of Obligations. Any buyer or transferee of Lessor's ’s interest in this Lease shall be deemed to have assumed Lessor's ’s obligation hereunder. Each Broker Brokers shall be a third party beneficiary beneficiaries of the provisions of Paragraphs 1.10, 151.9,15, 22 and 31. If Lessor fails to pay to a Broker Brokers any amounts due as and for commissions brokerage fees pertaining to this Lease when due, then such amounts shall accrue Interest. In addition, if Lessor fails to pay any amounts to Lessee's ’s Broker when due, Lessee's ’s Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) 10 days after said notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's ’s Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's Broker’s Broker for the limited purpose of collecting any brokerage fee owed.
Appears in 2 contracts
Samples: Work Agreement (Glass House Brands Inc.), Fox Factory Holding Corp
Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease shall be deemed to have assumed Lessor's obligation hereunder. Each Broker Brokers shall be a third party beneficiary beneficiaries of the provisions of Paragraphs 1.10, 15, 22 and 31. If Lessor fails to pay to a Broker Brokers any amounts due as and for commissions brokerage fees pertaining to this Lease when due, then such amounts shall accrue Interest. In addition, if Lessor fails to pay any amounts to Lessee's Broker when due, Lessee's Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) 10 days after said notice, Lessee shall pay said monies to its Broker and offset offset such amounts against Rent. In addition, Lessee's Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's BrokerBroker for the limited purpose of collecting any brokerage fee owed.
Appears in 2 contracts
Samples: Guaranty of Lease (International Stem Cell CORP), static1.squarespace.com
Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease shall be deemed to have assumed Lessor's obligation hereunder. Each Broker shall be a third party beneficiary of the provisions of Paragraphs 1.10, 15, . 22 and 31. If Lessor fails falls to pay Pay to a Broker any amounts due as and for commissions pertaining to this Lease when due, then such amounts shall accrue Interest. In interest, in addition, if Lessor fails to pay any amounts to Lessee's Broker when due, Lessee's Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) days after said notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's Broker.
Appears in 1 contract
Samples: Singing Machine Co Inc
Assumption of Obligations. Any buyer or transferee of Lessor's interest ’s Interest in this Lease shall be deemed to have assumed Lessor's ’s obligation hereunder. Each Broker shall be a third party beneficiary of the provisions of Paragraphs 1.10, 1514, 22 21 and 3130. If Lessor fails to pay to a Broker any amounts due as and for commissions pertaining to this Lease when due, then than such amounts shall accrue Interestinterest. In addition, if Lessor fails to pay any amounts to Lessee's ’s Broker when due, Lessee's ’s Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) days after said notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's ’s Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's ’s Broker.
Appears in 1 contract
Samples: Eschelon Telecom Inc
Assumption of Obligations. Any buyer or transferee of Lessor's ’s interest in this Lease shall be deemed to have assumed Lessor's ’s obligation hereunder. Each Broker shall be a third party beneficiary of the provisions of Paragraphs 1.10, 15, 22 and 31. If Lessor fails to pay to a Broker any amounts due as and for commissions pertaining to this Lease when due, then such amounts shall accrue Interest. In addition, if Lessor fails to pay any amounts to Lessee's ’s Broker when due, Lessee's ’s Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails falls to pay such amounts within ten (10) days after said notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's ’s Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's ’s Broker.. 15.3
Appears in 1 contract
Samples: Prolong International Corp
Assumption of Obligations. Any buyer or transferee of Lessor's interest Interest in this Lease shall be deemed to have assumed Lessor's obligation hereunder. Each Broker shall be a third party beneficiary of the provisions of Paragraphs 1.10, 15, 22 and 31. If Lessor fails to pay to a Broker any amounts due as and for commissions pertaining to this Lease when due, then such amounts shall accrue Interest. In addition, if Lessor fails to pay any amounts to Lessee's Broker when due, Lessee's Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) days after said notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's Broker.
Appears in 1 contract
Samples: Top Tier Software Inc
Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease shall be deemed to have assumed Lessor's obligation hereunder. Each Broker shall be a third party beneficiary of the provisions of Paragraphs 1.101,10, 15, 22 and 31. If Lessor fails to pay to a Broker any amounts due as and for commissions pertaining to this Lease when due, then such amounts shall accrue Interestinterest. In addition, if Lessor fails to pay any amounts to Lessee's Broker when due, Lessee's Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) days after said notice, notice Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or and for between Lessor and Lessor's Broker.
Appears in 1 contract
Samples: En Pointe Technologies Inc
Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease shall be deemed to have assumed Lessor's obligation hereunder. Each Broker shall be a third party beneficiary of the provisions of Paragraphs Paragraph 1.10, 15, 22 and 31. If Lessor fails to pay to a Broker any amounts due as and for commissions pertaining to this Lease when due, then such amounts shall accrue Interestinterest. In addition, if Lessor fails to pay any amounts to Lessee's Broker when due, Lessee's Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) days after said notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's Broker.
Appears in 1 contract
Samples: TTM Technologies Inc
Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease shall be deemed to have assumed Lessor's obligation hereunder. Each Broker shall be a third party beneficiary of the provisions of Paragraphs 1.10, 15, 22 and 31. If Lessor fails to pay to a Broker any amounts due as and for commissions pertaining to this Lease when due, then such amounts shall accrue Interestinterest. In addition, if Lessor fails to pay any amounts amount to Lessee's Broker when due, Lessee's Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) days after said notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's Broker.
Appears in 1 contract
Samples: Burke Flooring Products Inc
Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease shall be deemed to have assumed Lessor's obligation hereunder. Each Broker Brokers shall be a third party beneficiary beneficiaries of the provisions of Paragraphs 1.10, 15, 22 and 31. If Lessor fails to pay to a Broker Brokers any amounts due as and for commissions brokerage fees pertaining to this Lease when due, then such amounts shall accrue Interest. In addition, if Lessor fails to pay any amounts to Lessee's Broker when due, Lessee's Broker may send written notice to Lessor and Lessee of such failure and if If Lessor fails to pay such amounts within ten (10) 10 days after said notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's Broker.Broker for the limited purpose of collecting any brokerage fee owed. 15.3
Appears in 1 contract
Samples: Freehand Information Systems, Inc.
Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease shall be deemed to have assumed Lessor's ’s obligation hereunder. Each Broker Brokers shall be a third party beneficiary beneficiaries of the provisions of Paragraphs 1.101.9, 15, 22 and 31. If Lessor fails to pay to a Broker Brokers any amounts due as and for commissions brokerage fees pertaining to this Lease when due, then such amounts shall accrue Interestinterest. In addition, if Lessor fails to pay any amounts to Lessee's ’s Broker when due, Lessee's ’s Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) days after said notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's ’s Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's Broker’s Broker for the limited purpose of collecting any brokerage fee owed.
Appears in 1 contract
Samples: Alldigital Holdings, Inc.
Assumption of Obligations. Any buyer or transferee of Lessor's ’s interest in this Lease shall be deemed to have assumed Lessor's ’s obligation hereunder. Each Broker Brokers shall be a third party beneficiary beneficiaries of the provisions of Paragraphs 1.101.13, 15, 22 and 31. If Lessor fails to pay to a Broker Brokers any amounts due as and for commissions brokerage fees pertaining to this Lease when due, then such amounts shall accrue Interest. In addition, if Lessor fails to pay any amounts to Lessee's ’s Broker when due, Lessee's ’s Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) 10 days after said notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's ’s Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's Broker’s Broker for the limited purpose of collecting any brokerage fee owed.
Appears in 1 contract
Samples: Net Lease (Dave Inc./De)
Assumption of Obligations. Any buyer or transferee of Lessor's Xxxxxx’s interest in this Lease shall be deemed to have assumed Lessor's Xxxxxx’s obligation hereunder. Each Broker Brokers shall be a third party beneficiary beneficiaries of the provisions of Paragraphs 1.10, 15, 22 and 31. If Lessor fails to pay to a Broker Brokers any amounts due as and for commissions brokerage fees pertaining to this Lease when due, then such amounts shall accrue Interest. In addition, if Lessor fails to pay any amounts to Lessee's Xxxxxx’s Broker when due, Lessee's Xxxxxx’s Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) 10 days after said notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's Xxxxxx’s Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's Broker’s Broker for the limited purpose of collecting any brokerage fee owed.
Appears in 1 contract
Samples: Multi Tenant Office Lease (Signing Day Sports, Inc.)
Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease shall be deemed to have assumed Lessor's obligation hereunder. Each Broker shall be a third party beneficiary of the provisions of Paragraphs 1.10, 15, 22 and 31. If Lessor fails to pay to a Broker any amounts due as and for commissions pertaining to this Lease when due, then such amounts shall accrue Interestinterest. In addition, if Lessor fails to pay any amounts to Lessee's Broker when due, Lessee's Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) days after said notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's Broker.. PAGE 8 OF 11 Initials /s/ DP, AL ------------
Appears in 1 contract
Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease shall be deemed to have assumed Lessor's obligation hereunder. Each Broker shall be a third party beneficiary of the provisions of Paragraphs 1.10, 15, 22 and 31. If Lessor fails to pay to a Broker any amounts due as and for commissions pertaining to this Lease when due, then such amounts shall accrue Interest. In addition, if it Lessor fails to pay any amounts to Lessee's Broker when due, Lessee's Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) days after said notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's Broker.
Appears in 1 contract
Samples: Ipl Systems Inc
Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease shall be deemed to have assumed Lessor's obligation hereunder. Each Broker Brokers shall be a third party beneficiary beneficiaries of the provisions of Paragraphs 1.10, 15, 22 and 31. If Lessor fails to pay to a Broker Brokers any amounts due as and for commissions brokerage fees pertaining to this Lease when due, then such amounts shall accrue Interest. In addition, if Lessor fails to pay any amounts to Lessee's Broker when due, Lessee's Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) 10 days after said notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's Broker.Broker for the
Appears in 1 contract
Samples: Office Lease (Villageedocs Inc)
Assumption of Obligations. Any buyer or transferee of Lessor's interest in In this Lease shall be deemed to have assumed Lessor's Lessors obligation hereunder. Each Broker shall be a third party beneficiary of the provisions of Paragraphs 1.1011.10, 15, 22 and 31. If Lessor fails to pay to a Broker any amounts due as and for commissions pertaining to this Lease when due, then such amounts shall accrue Interest. In addition, if Lessor fails to pay any amounts to Lessee's Broker when due, Lessee's Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) days after said notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's Broker shall be deemed to be a third party beneficiary of any commission agreement entered into Into by and/or between Lessor and Lessor's Lessors Broker.
Appears in 1 contract
Samples: Relocation Agreement (Tangible Asset Gallaries Inc)
Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease shall be deemed to have assumed Lessor's obligation hereunder. Each Broker : Brokers shall be a third party beneficiary beneficiaries of the provisions of Paragraphs 1.10, 15, 22 and 31. If Lessor fails to pay to a Broker Brokers any amounts due as and for commissions brokerage fees pertaining to this Lease when due, then such amounts shall accrue Interest. In addition, if If Lessor fails to pay any amounts to Lessee's Broker when due, Lessee's Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) 10 days after said notice, Lessee shall pay said monies to its Its Broker and offset such amounts against Rent. In addition, Lessee's Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's Broker.Lassoes Broker for the limited purpose of collecting any brokerage tee owed. 15.3
Appears in 1 contract
Samples: www.sec.gov
Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease shall be deemed to have assumed Lessor's obligation hereunder. Each Broker shall be a third party beneficiary of the provisions of Paragraphs 1.101.9, 15, 22 and 31. If Lessor fails to pay to a Broker any amounts due as and for commissions pertaining to this Lease when due, then such amounts shall accrue Interest. In addition, if Lessor fails to pay any amounts to Lessee's Broker when due, Lessee's Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) days after said notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's BrokerBroker for the limited purpose of collecting any brokerage fee owed.
Appears in 1 contract
Samples: Sionix Corp
Assumption of Obligations. Any buyer or transferee of Lessor's interest Interest in this Lease shall be deemed to have assumed Lessor's obligation hereunder. Each Broker shall be a third party beneficiary of the provisions of Paragraphs 1.10, 15, 22 and 31. If Lessor fails to pay to a Broker any amounts due as and for commissions pertaining to this Lease when due, then such amounts shall accrue Interestinterest. In addition, if Lessor fails to pay any amounts to Lessee's Broker when due, Lessee's Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) days after said notice, . Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's Broker.
Appears in 1 contract
Samples: Arbitration Agreement (Luminent Inc)
Assumption of Obligations. Any buyer or transferee of Lessor's ’s interest in this Lease shall be deemed to have assumed Lessor's ’s obligation hereunder. Each Broker shall be a third party beneficiary of the provisions of Paragraphs 1.10, 15, 22 and 31. If Lessor fails to pay to a Broker any amounts due as and for commissions pertaining to this Lease when due, then such amounts shall accrue Interestinterest. In addition, if Lessor fails to pay any amounts to Lessee's ’s Broker when due, Lessee's ’s Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within with ten (10) days after said notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's ’s Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's ’s Broker.
Appears in 1 contract
Samples: Copart Inc
Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease shall be deemed to have assumed Lessor's obligation hereunder. Each Broker shall be a third party beneficiary of the provisions of Paragraphs 1.10, 15, 22 15,22 and 31. If Lessor fails to pay a to a Broker any amounts due as and for commissions pertaining to this Lease when due, then such amounts shall accrue Interest. In addition, if Lessor fails to pay any amounts to Lessee's Broker when due, Lessee's Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) days after said notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's Broker.. 15.3
Appears in 1 contract
Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease shall be deemed to have assumed Lessor's obligation hereunder. Each Broker Brokers shall be a third party beneficiary beneficiaries of the provisions of Paragraphs 1.10, 15, 22 and 31. If Lessor fails to pay to a Broker Brokers any amounts due as and for commissions brokerage fees pertaining to this Lease when due, then such amounts shall accrue Interestinterest. In addition, if If Lessor fails to pay any amounts to Lessee's Broker when due, Lessee's Broker may send written notice to Lessor and Lessee of such failure and if If Lessor fails to pay such amounts within ten (10) 10 days after said notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In in addition, Lessee's Broker shall be deemed to be a third party beneficiary of any commission agreement entered into Into by and/or between Lessor and Lessor's BrokerBroker for the limited purpose of collecting any brokerage fee owed.
Appears in 1 contract
Samples: uWink, Inc.
Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease shall be deemed to have assumed Lessor's obligation hereunder. Each Broker : Brokers shall be a third party beneficiary beneficiaries of the provisions of Paragraphs 1.10, 15, 22 and 31. If Lessor fails to pay to a Broker Brokers any amounts due as and for commissions brokerage fees pertaining to this Lease when due, then such amounts shall accrue Interest. In addition, if If Lessor fails to pay any amounts to Lessee's Broker when due, Lessee's Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) 10 days after said notice, Lessee shall pay said monies to its Its Broker and offset such amounts against Rent. In addition, Lessee's Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's BrokerLassoes Broker for the limited purpose of collecting any brokerage tee owed.
Appears in 1 contract
Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease shall be deemed to have assumed Lessor's obligation hereunder. Each Broker shall be a third party beneficiary of the provisions of Paragraphs 1.10, 15, 22 and 31. If Lessor fails to pay to a Broker any amounts due as and for commissions pertaining to this Lease lease when due, then such amounts shall accrue Interest. In addition, if Lessor fails to pay any amounts to Lessee's Broker when due, Lessee's Broker may send written notice to Lessor and Lessee lessee of such failure and if Lessor fails to pay such amounts within ten (10) days after said notice, Lessee lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's Broker.
Appears in 1 contract
Samples: Single Tenant Lease (Invivo Corp)
Assumption of Obligations. Any buyer or transferee of Lessor's ’s interest in this Lease shall be deemed to have assumed Lessor's obligation hereunder. Each Broker shall be a third party beneficiary of the provisions of Paragraphs 1.10, 15, 22 and 31. If Lessor fails to pay to a Broker any amounts due as and for commissions pertaining to this Lease when due, then such amounts shall accrue Interestinterest. In addition, addition if Lessor fails to pay any amounts to Lessee's ’s Broker when due, Lessee's ’s Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) days after said notice, Lessee shall pay said monies to its Broker and offset such amounts amount against Rent. In addition, Lessee's ’s Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's ’s Broker.
Appears in 1 contract
Samples: Lease (Osmetech PLC)
Assumption of Obligations. Any buyer or transferee of Lessor's ’s interest in this Lease shall be deemed to have assumed Lessor's ’s obligation hereunder. Each Broker Brokers shall be a third party beneficiary beneficiaries of the provisions of Paragraphs 1.10, 15, 22 and 31. If Lessor fails to pay to a Broker Brokers any amounts due as and for commissions brokerage fees pertaining to this Lease when due, then than such amounts shall accrue Interest. In addition, if Lessor fails to pay any amounts to Lessee's ’s Broker when due, Lessee's ’s Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) 10 days after said notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's ’s Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's Broker’s Broker for the limited purpose of collecting any brokerage fee owed.
Appears in 1 contract
Samples: Work Letter Agreement (Nexsan Corp)
Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease shall be deemed to have assumed Lessor's obligation hereunder. Each Broker Brokers shall be a third party beneficiary beneficiaries of the provisions of Paragraphs 1.101.13, 15, 22 and 31. If Lessor fails to pay to a Broker Brokers any amounts due as and for commissions brokerage fees pertaining to this Lease when due, then such amounts shall accrue Interest. In addition, if Lessor fails to pay any amounts to Lessee's Broker when due, Lessee's Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) 10 days after aGer said notice, Lessee shall pay said monies to its Broker and offset offset such amounts against Rent. In addition, Lessee's Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's BrokerBroker for the limited purpose of collecting any brokerage fee owed.
Appears in 1 contract
Samples: www.aircre.com
Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease shall be deemed to have assumed Lessor's Lessors obligation hereunder. Each Broker Brokers shall be a third party beneficiary beneficiaries of the provisions of Paragraphs 1.10, 15, 22 and 31. If Lessor fails to pay to a Broker Brokers any amounts due as and for commissions brokerage fees pertaining to this Lease when due, then such amounts shall accrue Interestinterest. In addition, if Lessor fails to pay any amounts to Lessee's Broker when due, Lessee's Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) 10 days after said notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's Broker shall be deemed to be a third party panty beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's BrokerBroker for the limited purpose of collecting any brokerage fee owed.
Appears in 1 contract
Assumption of Obligations. Any buyer or transferee of Lessor's Lessors interest in this Lease shall be deemed to have assumed Lessor's Lessors obligation hereunder. Each Broker Brokers shall be a third party beneficiary beneficiaries of the provisions of Paragraphs 1.10, 15, 22 and 31. If Lessor fails to pay to a Broker Brokers any amounts due as and for commissions brokerage fees pertaining to this Lease when due, then such amounts shall accrue Interest. In addition, if Lessor fails to pay any amounts to Lessee's ’s Broker when due, Lessee's ’s Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) 10 days after said notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's ’s Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's Broker’s Broker for the limited purpose of collecting any brokerage fee owed.
Appears in 1 contract
Samples: Work Letter Agreement (Adventrx Pharmaceuticals Inc)
Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease shall be deemed to have assumed Lessor's obligation hereunder. Each Broker Brokers shall be a third party beneficiary beneficiaries of the provisions of Paragraphs 1.101.9, 15, 22 and 31. If Lessor fails to pay to a Broker Brokers any amounts due as and for commissions brokerage fees pertaining to this Lease when due, then such amounts shall accrue Interest. In addition, if Lessor fails to pay any amounts to Lessee's Broker when due, Lessee's Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) 10 days after aGer said notice, Lessee shall pay said monies to its Broker and offset offset such amounts against Rent. In addition, Lessee's Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's BrokerBroker for the limited purpose of collecting any brokerage fee owed.
Appears in 1 contract
Samples: www.aircre.com
Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease shall be deemed to have assumed Lessor's obligation hereunder. Each Broker , Brokers shall be a third party beneficiary beneficiaries of the provisions of Paragraphs 1.10, 15, 22 and 31. If Lessor fails to pay to a Broker Brokers any amounts due as and for commissions brokerage fees pertaining to this Lease when due, then such amounts shall accrue Interest. In addition, if Lessor fails to pay any amounts to Lessee's Broker when due, Lessee's Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) 10 days after said notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's BrokerBroker for the limited purpose of collecting any brokerage fee owed.
Appears in 1 contract
Samples: Navarre Corp /Mn/
Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease shall be deemed to have assumed Lessor's obligation hereunder. Each Broker shall be a third party beneficiary of the provisions of Paragraphs 1.10, 15, 22 and 31. If Lessor fails to pay to a Broker any amounts due as and for commissions pertaining to this Lease when due, then such amounts shall accrue Interest. In addition, if Lessor fails to pay any amounts to Lessee's Broker when due, Lessee's Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) days after said notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's Lessor s Broker.
Appears in 1 contract
Samples: Avid Sportswear & Golf Corp
Assumption of Obligations. Any buyer or transferee of Lessor's ’s interest in this Lease shall be deemed to have assumed Lessor's ’s obligation hereunder. Each Broker shall be a third party beneficiary of the provisions of Paragraphs 1.10, 151.10,15, 22 and 31. If Lessor fails to pay to a Broker any amounts due as and for commissions pertaining to this Lease when due, then such amounts shall accrue Interestincur interest. In addition, if Lessor fails to pay any amounts to Lessee's ’s Broker when due, Lessee's ’s Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) days after said notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's ’s Broker shall be deemed to be a third party beneficiary of if any commission agreement entered into by and/or between Lessor and Lessor's Broker’s Broker with interest.
Appears in 1 contract
Samples: Lease (Napster Inc)
Assumption of Obligations. Any buyer or transferee of Lessor's ’s interest in this Lease shall be deemed to have assumed Lessor's obligation ’s obligations hereunder. Each Broker shall be a third party beneficiary of the provisions of Paragraphs Paragraph 1.10, 15, 22 22, and 31. If Lessor fails to pay to a Broker any amounts due as and for commissions pertaining to this Lease when due, then such amounts shall accrue Interestinterest. In addition, if Lessor fails to pay any amounts to Lessee's ’s Broker when due, Lessee's ’s Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) days after said notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's ’s Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's ’s Broker.
Appears in 1 contract
Samples: Cerus Corp
Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease shall be deemed to have assumed Lessor's obligation obligations hereunder. Each Broker shall be a third party beneficiary of the provisions of Paragraphs 1.10, 15, 22 and 31. , If Lessor fails to pay to a Broker any amounts due as and for commissions pertaining to this Lease when due, then such amounts shall accrue Interest. In addition, if Lessor fails to pay any amounts to Lessee's Broker when due, Lessee's Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) days after said notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's Broker shall be deemed to be a third party beneficiary of any commission agreement entered into Into by and/or between Lessor and Lessor's Broker.
Appears in 1 contract
Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease shall be he deemed to have assumed Lessor's obligation hereunder. Each Broker Brokers shall be a third party beneficiary beneficiaries of the provisions of Paragraphs 1.10, 15, 22 and 31. If Lessor fails to pay to a Broker Brokers any amounts due as and for commissions brokerage fees pertaining to this Lease when due, then such amounts shall accrue Interestinterest. In addition, if Lessor fails to pay any amounts to Lessee's Broker when due, Lessee's Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) 10 days after said sold notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's BrokerBroker for the limited purpose of collecting any brokerage fee owed.
Appears in 1 contract
Samples: Lease (Aegis Assessments Inc)
Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease shall be deemed to have assumed Lessor's obligation hereunder. Each Broker shall be a third party beneficiary of the provisions of Paragraphs 1.10, 15, 22 and 31. If Lessor fails to pay to a Broker any amounts due as and for commissions pertaining to this Lease when due, then such amounts amount shall accrue Interestinterest. In addition, if Lessor fails to pay any amounts to Lessee's Broker when due, Lessee's Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) days after said notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's Broker.
Appears in 1 contract
Samples: Eco Soil Systems Inc
Assumption of Obligations. Any buyer or transferee of Lessor's interest Interest in this Lease shall be deemed to have assumed Lessor's obligation hereunder. Each Broker shall be a third party beneficiary of the provisions of Paragraphs 1.10, 15, 22 and 31. If Lessor fails to pay to a Broker any amounts due as and for commissions pertaining to this Lease when due, then such amounts shall accrue Interestinterest. In addition, if Lessor fails to pay any amounts to Lessee's Broker when due, Lessee's Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) days after said notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's Broker.
Appears in 1 contract
Samples: Mediaplex Inc
Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease shall be deemed to have assumed Lessor's obligation hereunder. Each Broker shall be a third party beneficiary of the provisions of Paragraphs 1.10, 15, 22 and 31. If Lessor fails to pay to a Broker any amounts due as and for commissions pertaining to this Lease when due, then such amounts shall accrue Interest. In addition, if Lessor fails to pay any amounts to Lessee's Broker when due, Lessee's Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) days after said notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's Lessors Broker.
Appears in 1 contract
Samples: MRV Communications Inc
Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease shall be deemed to have assumed Lessor's obligation hereunder. Each Broker Brokers shall be a third party beneficiary beneficiaries of the provisions of Paragraphs 1.101.9, 15, 22 and 31. If Lessor fails to pay to a Broker Brokers any amounts due as and for commissions brokerage fees pertaining to this Lease when due, then such amounts shall accrue Interestinterest. In addition, if Lessor fails to pay any amounts to Lessee's Broker when due, Lessee's Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) days after said notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's BrokerBroker for the limited purpose of collecting any brokerage fee owed.
Appears in 1 contract
Samples: Alldigital Holdings, Inc.
