Authorization to Direct Sublease Payments. Subtenant shall have the right to pay all rent and other sums owing by Subtenant to Sublandlord hereunder for those items which also are owed by Sublandlord to Landlord under the Master Lease directly to Landlord only upon receipt of a copy of a written demand for such payment by Subtenant made to Sublandlord by Landlord. Notwithstanding the foregoing, (i) Subtenant shall not prepay any amounts owing by Sublandlord without the consent of Sublandlord, (ii) Subtenant shall provide to Sublandlord concurrently with any payment to Landlord reasonable evidence of such payment, and (iii) if Sublandlord notifies Subtenant that it disputes any amount demanded by Landlord, Subtenant shall not make any such payment to Landlord unless Landlord has provided a notice to pay such amount or forfeit the Master Lease. Any sums paid directly by Subtenant to Landlord in accordance with this paragraph shall be credited toward the amounts payable by Subtenant to Sublandlord under this Sublease. In the event Subtenant tenders payment directly to Landlord in accordance with this paragraph and Landlord refuses to accept such payment, Subtenant shall have the right to deposit such funds in account with a national bank for the benefit of Landlord and Sublandlord, and the deposit of said funds in such account shall discharge Subtenant's obligation under this Sublease to make the payment in question.
Authorization to Direct Sublease Payments. Sublessor hereby ----------------------------------------- acknowledges that Sublessor's failure to pay the rent and other sums owing by Sublessor to Master Lessor under the Master Lease will cause Sublessee to incur damages, costs and expenses not contemplated by this Sublease, especially in those cases where Sublessee has paid sums to Sublessor hereunder which correspond in whole or in part to the amounts owing by Sublessor to Master Lessor under the Master Lease. Accordingly, Sublessee shall have the right to pay all Rent and other sums owing by Sublessee to Sublessor hereunder for those items which also are owed by Sublessor to Master Lessor under the Master Lease directly to Master Lessor on the following terms and conditions:
(i) Sublessee reasonably believes that Sublessor has failed to make any payment required to be made by Sublessor to Master Lessor under the Master Lease and Sublessor fails to provide adequate proof of payment within two (2) business days after Sublessee's written demand requesting such proof.
(ii) Sublessee shall provide to Sublessor concurrently with any payment to Master Lessor reasonable evidence of such payment.
(iii) Sublessee shall not prepay any amounts owing by Sublessor without the consent of Sublessor.
(iv) If Sublessor notifies Sublessee that it disputes any amount demanded by Master Lessor, Sublessee shall not make any such payment to Master Lessor unless Master Lessor has provided a three-day notice to pay such amount or forfeit the Master Lease. Any sums paid directly by Sublessee to Master Lessor in accordance with this Paragraph shall be credited toward the amounts payable by Sublessee to Sublessor under this Sublease. In the event Sublessee tenders payment directly to Master Lessor in accordance with this Paragraph and Master Lessor refuses to accept such payment, Sublessee shall have the right to deposit such funds in an account with a national bank for the benefit of Master Lessor and Sublessor, and the deposit of said funds in such account shall discharge Sublessee's obligation under this Sublease to make the payment in question.
Authorization to Direct Sublease Payments. Ariba hereby irrevocably authorizes and directs Interwoven to pay to Moffett the Net Rents as identified in any written notice from Moffexx ("Xxt Rent Notice") identifying the amount of Net Rent and sxxxxxx that either (i) a default exists (after notice and the expiration of the applicable cure period in the Master Lease) in the performance of Ariba's obligations under the Master Lease, or (ii) Ariba has failed to timely perform or observe an obligation under the Master Lease and Moffett is legally prevented from issuing a notice of default. Ariba xxxxxx that Interwoven shall have the right to rely upon any such Net Rent Notice from Moffett, and that Interwoven shall pay the specified amount of Net Rxxx xx Moffett without any obligation or right to inquire as to whether sucx xxxxxlt exists and notwithstanding any notice or claim from Ariba to the contrary. Ariba shall have no right or claim against Interwoven for any such Net Rent so paid by Interwoven. Moffett agrees to apply any such payments to Ariba's obligations undxx xxx Master Lease.
Authorization to Direct Sublease Payments. Sublessor hereby acknowledges that Sublessor's failure to pay the rent and other sums owing by Sublessor to Lessor under the Master Lease will cause Sublessee to incur damages, costs, and expenses, especially in those cases where Sublessee has paid sums to Sublessor hereunder which correspond in whole or in part to the amounts owing by Sublessor to Lessor under the Master Lease. Accordingly, Sublessee shall have the right to pay directly to Lessor the rent and additional rent owed by Sublessor to Lessor under the Master Lease (including, without limitation, Lessor's Share of the Profits, as defined in the Master Lease) on the following terms and conditions:
Authorization to Direct Sublease Payments. Upon notice to Xxxxxx, Xxxxxx hereby authorizes and directs Subtenant to pay to Landlord the rent due under the Sublease which is due and unpaid as of any date on or after the delivery by Landlord of a written notice (“Payment Notice”) demanding payment of such rent and providing the new payee information, and stating that a Sublessor Default exists. Tenant agrees that Subtenant shall have the right to rely upon any such Payment Notice from Landlord (with notice to Tenant), and that Subtenant shall pay such rent to Landlord (in accordance with the new payee information set forth in the Payment Notice) without any obligation or right to inquire as to whether such default exists and notwithstanding any notice or claim from Tenant to the contrary. Tenant shall have no right or claim against Subtenant for any such rent so paid by Subtenant to Landlord.
Authorization to Direct Sublease Payments. Tenant hereby irrevocably authorizes and directs Subtenant to pay to Landlord Rent which is due and unpaid as of any date on or after the delivery by Landlord of a written notice (“Payment Notice”) demanding payment of Rent and stating that either (i) a default exists (after notice and the expiration of the applicable cure period in the Master Lease) in the performance or observance of Tenant’s obligations under the Master Lease, or (ii) Tenant has failed to timely perform or observe an obligation under the Master Lease and Landlord is legally prevented from issuing a notice of default. Tenant agrees that Subtenant shall have the right to rely upon any such Payment Notice from Landlord, and that Subtenant shall pay Rent to Landlord without any obligation or right to inquire as to whether such default exists and notwithstanding any notice or claim from Tenant to the contrary. Tenant shall have no right or claim against Subtenant for any such Rent so paid by Subtenant to Landlord.
Authorization to Direct Sublease Payments. Sublessor hereby ----------------------------------------- acknowledges that Sublessor's failure to pay the rent and other sums owing by Sublessor to Master Lessor under the Master Lease will cause Sublessee to incur damages, costs and expenses not contemplated by this Sublease, especially in those cases where Sublessee has paid sums to Sublessor hereunder which correspond in whole or in part to the amounts owing by Sublessor to Master Lessor under the Master Lease. Accordingly, during any period in which Sublessor is in default in its obligation to pay rent and other sums due under the Master Lease, Sublessee shall have the right to pay all rent and other sums owing by Sublessee to Sublessor hereunder for those items which are also owed by Sublessor to Master Lessor under the Master Lease directly to Master Lessor. Any sums paid directly to Master Lessor in accordance with this Paragraph shall be credited toward the amounts payable by Sublessee to Sublessor under this Sublease.
Authorization to Direct Sublease Payments. Ariba hereby irrevocably authorizes and directs Motorola to pay to Xxxxxxx the rent due under the Sublease as identified in any written notice from Xxxxxxx (“Rent Notice”) identifying the amount of such rent and stating that either (i) a default exists (after notice and the expiration of the applicable cure period in the Master Lease) in the performance of Ariba’s obligations under the Master Lease, or (ii) Ariba has failed to timely perform or observe an obligation under the Master Lease and Xxxxxxx is legally prevented from issuing a notice of default. Ariba agrees that Motorola shall have the right to rely upon any such Rent Notice from Xxxxxxx, and that Motorola shall pay the specified amount of rent to Xxxxxxx without any obligation or right to inquire as to whether such default exists and notwithstanding any notice or claim from Ariba to the contrary. Ariba shall have no right or claim against Motorola for any such rent so paid by Motorola. Xxxxxxx agrees to apply any such payments to Ariba’s obligations under the Master Lease.
Authorization to Direct Sublease Payments. Tenant hereby irrevocably authorizes and directs Subtenant, upon receipt of any written notice from the Master Landlord stating that a default exists (after notice and the expiration of the applicable cure period in the Master Lease) in the performance of Tenant’s obligations under the Master Lease, to pay to Master Landlord the rents and other sums due and to become due under the Sublease. Tenant agrees that Subtenant shall have the right to rely upon any such statement and request from Master Landlord, and that Subtenant shall pay such rents and other sums to Master Landlord without any obligation or right to inquire as to whether such default exists and notwithstanding any notice or claim from Tenant to the contrary. Tenant shall have no right or claim against Subtenant for any such rents so paid by Subtenant. Master Landlord agrees to apply any such payments to Tenant’s obligations under the Master Lease.
Authorization to Direct Sublease Payments. Sublessee shall have ----------------------------------------- the right to pay all rent and other sums owing by Sublessee to Sublessor hereunder for those items which also are owed by Sublessor to Master Lessor under the Master Lease directly to Master Lessor if Sublessor fails to make any payment required to be made by Sublessor to Master Lessor under the Master Lease. Sublessee shall provide to Sublessor concurrently with any payment to Master Lessor reasonable evidence of such payment. Any sums paid directly by Sublessee to Master Lessor in accordance with this paragraph shall be credited toward the amounts payable by Sublessee to Sublessor under the Sublease.
