Common use of Disputed Sums Clause in Contracts

Disputed Sums. Under the terms of this Lease numerous charges are an may be due from Lessee to Lessor including, without limitation, Common Area charges, real estate taxes, insurance reimbursement and other items of a similar nature including advances made by Lessor in respect of Lessee's default at Lessor's option. In event that at any time during the term there is a bona fide dispute between the parties as to the amount due for any of such charges claimed by Lessor to be due, the amount demanded by Lessor shall be paid by Lessee until the resolution of the dispute between the parties or by litigation. Failure by the dispute between the parties or by litigation. Failure by Lessee to pay the disputed sums until resolution shall constitute a default under the terms of the Lease.

Appears in 1 contract

Samples: Full Service Office Lease (Thinking Tools Inc)

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Disputed Sums. Under the terms of this Lease numerous charges are an and may be due from Lessee to Lessor including, without limitation, Common Area charges, real estate taxes, insurance reimbursement and other items of a similar nature including advances made by Lessor in respect of Lessee's Lessee I s default at Lessor's Lessor I s option. In event that at any time during the term there is a bona fide dispute between the parties as to the amount due for f or any of such charges claimed by Lessor Less-or to be due, the amount demanded by Lessor shall be paid by Lessee until the resolution of the dispute between the parties or by litigation. Failure by the dispute between the parties or by litigation. Failure by Lessee to pay the disputed sums until resolution shall constitute a default under the terms of the Lease.

Appears in 1 contract

Samples: Sublease (Sangstat Medical Corp)

Disputed Sums. Under the terms of this Lease numerous charges are an and may be due from Lessee to Lessor including, without limitation, Common Area charges, real estate taxes, insurance reimbursement and other items of a similar nature including advances made by Lessor in respect of Lessee's default at Lessor's option. In the event that at any time during the term there is a bona fide dispute between the parties as to the amount due for any of such charges claimed by Lessor to be due, the amount demanded by Lessor shall be paid by Lessee until the resolution of the dispute between the parties or by litigation. Failure by the dispute between the parties or by litigation. Failure by Lessee to pay the disputed sums until resolution shall constitute a default under the terms of the Lease.

Appears in 1 contract

Samples: Sublease Agreement (Innova Corporation)

Disputed Sums. Under the terms of this Lease numerous charges are an and may be due from Lessee to Lessor including, without limitation, Common Area charges, real estate taxesOperating Costs which include Real Property Taxes, insurance reimbursement and other items of a similar nature including including, at Lessor’s option, advances made by Lessor in respect of Lessee's default at Lessor's optionXxxxxx’s default. In the event that at any time during the term Term there is a bona fide dispute between the parties as to the amount due for any of such charges claimed by Lessor to be due, the amount demanded by Lessor shall be paid by Lessee Xxxxxx until the resolution of the dispute between the parties or by litigation. Failure by the dispute between the parties or by litigation. Failure by Lessee Xxxxxx to pay the disputed sums until resolution shall constitute a default under the terms of the Lease.

Appears in 1 contract

Samples: Net Office Lease (Itex Corp)

Disputed Sums. Under the terms of this Lease Lease, numerous charges are an and may be due from Lessee to Lessor including, without limitation, Common Area chargesCosts, real estate estates taxes, insurance reimbursement and other items of a similar nature including advances made by Lessor in respect of Lessee's default at Lessor's option. In event that at any time during the term Lease Term there is a bona fide dispute between the parties as to the amount due for any of such charges claimed by Lessor to be due, the amount demanded by Lessor shall be paid by Lessee until the resolution of the dispute between the parties or by litigation. Failure by the dispute between the parties or by litigation. Failure by Lessee to pay the disputed sums until resolution shall constitute a default under the terms of the Lease.

Appears in 1 contract

Samples: Lease (Fp Bancorp Inc)

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Disputed Sums. Under the terms of this Lease numerous charges are an and may be due from Lessee to Lessor including, without limitation, Common Area charges, real estate taxes, insurance reimbursement and other items of a similar nature including advances made by Lessor in respect of Lessee's default at Lessor's option. In the event that at any time during the term there is a bona fide dispute between the parties as to the amount due for any of such charges claimed by Lessor to be due, the amount demanded by Lessor shall be paid by Lessee until the resolution of the dispute between the parties or by litigation. Failure by the dispute between the parties or by litigation. Failure by Lessee lessee to pay the disputed sums until resolution shall constitute a default under the terms of the Lease.

Appears in 1 contract

Samples: Business Park Net Lease (Innova Corporation)

Disputed Sums. Under the terms of this Lease numerous charges are an and may be due from Lessee to Lessor including, without limitation, Common Area chargesOperating Costs, real estate taxes, insurance reimbursement Real Estate Taxes and other items of a similar nature including advances made by Lessor in respect of Lessee's default at Lessor's option. In the event that at any time during the term Term there is a bona fide dispute between the parties as to the amount due for any of such charges claimed by Lessor to be due, the amount demanded by Lessor shall be paid by Lessee until the resolution of the dispute between the parties or by litigation. Failure by the dispute between the parties or by litigation. Failure by Lessee to pay the disputed sums until resolution shall constitute a default under the terms of the Lease.

Appears in 1 contract

Samples: Triple Net Lease (MCB Financial Corp)

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