Common use of Death of Tenant Clause in Contracts

Death of Tenant. Upon the death of Tenant, or in the case of a Lease executed by more than one Tenant, upon the death of the last survivor of Tenants, the balance of the annual rent then due shall automatically become due and payable. Any installment method of payment, which may have been in effect shall automatically terminate.

Death of Tenant. Upon the death of TenantXxxxxx, or in the case of a Lease executed by more than one Tenant, upon the death of the last survivor of Tenants, the balance of the annual rent then due shall automatically become due and payable. Any installment method of payment, which may have been in effect shall automatically terminate.