Common use of Effect of Reset Clause in Contracts

Effect of Reset. Tenant acknowledges and agrees that, in the event --------------- Lessor exercises the Reset Option, Tenant shall thereafter remain obligated to pay Unpaid Accrued Rent and Additional Charges as provided in Sections 3.1 and ------------ 3.3 hereof, notwithstanding any resetting of Base Rent, Current Rent and Accrued --- Rent pursuant to this Section 3.2. -----------

Appears in 6 contracts

Samples: Master Lease Agreement (Kindred Healthcare Inc), Master Lease Agreement (Kindred Healthcare Inc), Master Lease Agreement (Kindred Healthcare Inc)

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Effect of Reset. Tenant acknowledges and agrees that, in the event --------------- Lessor exercises the Reset Option, Tenant shall thereafter remain obligated to pay Unpaid Accrued Rent and Additional Charges as provided in Sections 3.1 and ------------ 3.3 hereof, notwithstanding any resetting of Base Rent, Current Rent and Accrued --- Rent pursuant to this Section 3.2. -----------.

Appears in 1 contract

Samples: Master Lease Agreement (Ventas Inc)

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