Common use of Delivery of Accounts Clause in Contracts

Delivery of Accounts. In the event any statements, assessments or notifications for Taxes are delivered directly to Lessor, Lessor shall immediately deliver same to Lessee upon receipt thereof, and thereafter, Lessor shall cooperate with Lessee to have all such subsequent statements, assessments or notifications delivered directly to Lessee. Lessee shall not be liable for any interest or penalties resulting from late payment of any such statements, assessments or notifications in the event Lessor fails to deliver same to Lessee not less than fifteen (15) calendar days prior to a delinquency date provided that Lessor received the statement at least twenty-five (25) days prior to the delinquency date.

Delivery of Accounts. In the event any statements, assessments or notifications for Taxes Utilities are delivered directly to Lessor, Lessor shall immediately deliver same to Lessee upon receipt thereof, and thereafter, Lessor shall cooperate with Lessee to have all such subsequent statements, assessments or notifications delivered directly to Lessee. Lessee shall not be liable for any interest or penalties resulting from late payment of any such statements, assessments or notifications in the event Lessor fails to deliver same to Lessee not less than fifteen (15) calendar days prior to a delinquency date provided that Lessor received the statement at least twenty-five (25) days prior to the delinquency date.