Common use of Collection of Rent Clause in Contracts

Collection of Rent. Lessee irrevocably assigns to Lessor, as security for Lessee’s obligations under this Lease, all rent not otherwise payable to Lessor by reason of any Transfer of all or any part of the Premises or this Lease. Lessor, as assignee of Lessee, or a receiver for Lessee appointed on Lessor’s application, may collect such rent and apply it toward Lessee’s obligations under this Lease; provided, however, that until the occurrence of any default by Lessee or except as provided by the provisions of subsection 13.f. below, Lessee shall have the right to collect such rent.

Appears in 5 contracts

Samples: Net Office Lease (Pure Storage, Inc.), Net Office Lease (Splunk Inc), Net Office Lease (Borland Software Corp)

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Collection of Rent. Lessee irrevocably assigns to Lessor, as security for Lessee’s 's obligations under this Lease, all rent not otherwise payable to Lessor by reason of any Transfer of all or any part of the Premises or this Lease. Lessor, as assignee of Lessee, or a receiver for Lessee appointed on Lessor’s 's application, may collect such rent and apply it toward Lessee’s 's obligations under this Lease; provided, however, that until the occurrence of any default by Lessee or except as provided by the provisions of subsection 13.f. below, Lessee shall have the right to collect such rent.

Appears in 2 contracts

Samples: Office Lease (Netgravity Inc), Office Lease (Doubleclick Inc)

Collection of Rent. Lessee irrevocably assigns to Lessor, as security ------------------ for Lessee’s 's obligations under this Lease, all rent not otherwise payable to Lessor by reason of any Transfer of all or any part pan of the Premises or this Lease. Lessor, as assignee of Lessee, or a receiver for Lessee appointed on Lessor’s 's application, may collect such rent and apply it toward Lessee’s 's obligations under this Lease; provided, however, that until the occurrence of any default by Lessee or except as provided by the provisions of subsection 13.f13.i. below, Lessee shall have the right to collect such rent.

Appears in 2 contracts

Samples: Net Office Lease (Chordiant Software Inc), Net Office Lease (Chordiant Software Inc)

Collection of Rent. Lessee irrevocably assigns to Lessor, as security for Lessee’s obligations under this Lease, all rent not otherwise payable to Lessor by reason of any Transfer of all or any part of the Premises or this Lease. Lessor, as assignee of Lessee, or a receiver for Lessee appointed on Lessor’s application, may collect such rent and apply it toward Lessee’s obligations under this Lease; provided, however, that until the occurrence (and then only during the continuance) of any default by Lessee or except as provided by the provisions of subsection 13.fArticle 13f. below, Lessee shall have the right to collect such rent.

Appears in 2 contracts

Samples: Lease Agreement (Asante Solutions, Inc.), Lease Agreement (Asante Solutions, Inc.)

Collection of Rent. Lessee irrevocably assigns to Lessor, as security ------------------ for Lessee’s 's obligations under this Lease, all rent not otherwise payable to Lessor by reason of any Transfer of all or any part of the Premises or this Lease. Lessor, as assignee of Lessee, or a receiver for Lessee appointed on Lessor’s 's application, may collect such rent and apply it toward Lessee’s 's obligations under this Lease; provided, however, that until the occurrence of any default by Lessee or except as provided by the provisions of subsection 13.f. below, Lessee shall have the right to collect such rent.

Appears in 1 contract

Samples: Office Lease (Inktomi Corp)

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Collection of Rent. Lessee irrevocably assigns to Lessor, as security for Lessee’s obligations under this Lease, all rent not otherwise payable to Lessor by reason of any Transfer of all or any part of the Premises or this Lease. Lessor, as assignee of Lessee, or a receiver for Lessee appointed on Lessor’s application, may collect such rent and apply it toward Lessee’s obligations under this Lease; provided, however, that until the occurrence of any default by Lessee or except as provided by the provisions of subsection 13.f13 .f. below, Lessee shall have the right to collect such rent.

Appears in 1 contract

Samples: Net Office Lease (Borland Software Corp)

Collection of Rent. Lessee irrevocably assigns to Lessor, as ------------------ security for Lessee’s 's obligations under this Lease, all rent not otherwise payable to Lessor by reason of any Transfer of all or any part of the Premises or this Lease. Lessor, as assignee of Lessee, or a receiver for Lessee appointed on Lessor’s 's application, may collect such rent and apply it toward Lessee’s 's obligations under this Lease; provided, however, that until the occurrence of any default by Lessee or except as provided by the provisions of subsection 13.f. below, Lessee shall have the right to collect such rent.

Appears in 1 contract

Samples: Sublease (Inktomi Corp)

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