Common use of Distress Clause in Contracts

Distress. Upon any default by Tenant in the payment of Minimum Annual Rent or Additional Rent, Landlord shall have the right, without notice, fifteen (l5) days after payment of such sum was due, to institute an action of distress therefor, and, upon distress, in Landlord's discretion, this tenancy shall terminate. In the event of such termination, the provisions of Section 20(b) shall be applicable.

Appears in 3 contracts

Samples: Office Lease (Ea Engineering Science & Technology Inc), Office Lease (Ea Engineering Science & Technology Inc), Office Lease (Ea Engineering Science & Technology Inc)

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Distress. Upon any default by Tenant in the payment of Minimum Base Annual Rent or Additional Rent, Landlord shall have the right, without notice, fifteen (l515) days after payment of such sum was due, to institute an action of distress therefor, and, upon distress, in Landlord's ’s discretion, this tenancy Tenancy shall terminate. In the event of such termination, the provisions of Section 20(b22(b) shall be applicable.

Appears in 1 contract

Samples: Deed of Lease (Opgen Inc)

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