Common use of Form of Payment After Default Clause in Contracts

Form of Payment After Default. Following the occurrence of more than two (2) monetary events of default by Tenant in any twelve (12) month period during the Lease Term, Landlord shall have the right to require that any or all subsequent amounts paid by Tenant to Landlord hereunder, whether in the cure of the default in question or otherwise, be paid in the form of cash, money order, cashier's or certified check drawn on an institution acceptable to Landlord, or by other means approved by Landlord, notwithstanding any prior practice of accepting payments in any different form.

Appears in 5 contracts

Samples: Office Lease (Peregrine Systems Inc), Office Lease (Peregrine Systems Inc), Lease Option Agreement (Peregrine Systems Inc)

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Form of Payment After Default. Following the occurrence of more than two (2) monetary or more events of default by Tenant in any twelve (12) month period during the Lease Termby Tenant, Landlord shall have the right to require that any or all subsequent amounts paid by Tenant to Landlord hereunder, whether in the to cure of the default in question or otherwise, be paid in the form of cash, money order, cashier's or certified check drawn on an institution acceptable to Landlord, or by other means approved by Landlord, notwithstanding any prior practice of accepting payments in any different form.

Appears in 2 contracts

Samples: Office Lease (Universal Access Inc), Office Lease (Universal Access Inc)

Form of Payment After Default. Following the occurrence of more than two (2) monetary or ----------------------------- more events of monetary default by Tenant in any twelve (12) month period during the Lease Termby Tenant, Landlord shall have the right to require that any or all subsequent amounts paid by Tenant to Landlord hereunder, whether in the to cure of the default in question or otherwise, be paid in the form of cash, money order, cashier's or certified check drawn on an institution acceptable to Landlord, or by other means approved by Landlord, notwithstanding any prior practice of accepting payments in any different form.

Appears in 2 contracts

Samples: Office Lease (Equinix Inc), Equinix Inc

Form of Payment After Default. Following the occurrence of more than two three (23) monetary financial events of default by Tenant in any twelve (12) consecutive month period during the Lease Termperiod, Landlord shall have the right to require that any or all subsequent amounts paid by Tenant to Landlord hereunder, whether in the to cure of the default in question or otherwise, be paid in the form of cash, money order, cashier's or certified check drawn on an institution acceptable to Landlord, or by other means approved by Landlord, notwithstanding any prior practice of accepting payments in any different form.

Appears in 2 contracts

Samples: Agreement of Purchase and Sale (Vical Inc), Office Lease (Newgen Results Corp)

Form of Payment After Default. Following the occurrence of more than two three (23) monetary events of default defaults by Tenant in within any twelve eighteen (1218) month period during the Lease Termtime period, Landlord shall have the right to require that any or all subsequent amounts paid by Tenant to Landlord hereunder, whether in the to cure of the default in question or otherwise, be paid in the form of cash, money order, cashier's or certified check drawn on an institution acceptable to Landlord, or by other means approved by Landlord, notwithstanding any prior practice of accepting payments in any different form.

Appears in 1 contract

Samples: Office Lease (Amn Healthcare Services Inc)

Form of Payment After Default. Following the occurrence of more than two three (23) monetary events of default defaults by Tenant in within any twelve eighteen (1218) consecutive month period during the Lease Termtime period, Landlord shall have the right to require that any or all subsequent amounts paid by Tenant to Landlord hereunder, whether in the to cure of the default in question or otherwise, be paid in the form of cash, money order, cashier's or certified check drawn on an institution acceptable to Landlord, or by other means approved by Landlord, notwithstanding any prior practice of accepting payments in any different form.

Appears in 1 contract

Samples: Office Lease (Fair Isaac Corp)

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Form of Payment After Default. Following the occurrence of more than two (2) monetary events an event of default by Tenant in any during the first twelve (12) month period during months of the Lease Term, Landlord shall have the right to require that any or all subsequent amounts paid by Tenant to Landlord hereunder, whether in the to cure of the default in question or otherwise, be paid in the form of cash, money order, cashier's or certified check drawn on an institution acceptable to Landlord, or by other means approved by Landlord, notwithstanding any prior practice of accepting payments in any different form.

Appears in 1 contract

Samples: Office Lease (Gadzoox Networks Inc)

Form of Payment After Default. Following the occurrence of more than two (2) monetary events of default by Tenant in any twelve (12) month period during the Lease Termperiod, Landlord shall have the right to require that any or all subsequent amounts paid by Tenant to Landlord hereunder, whether in the to cure of the default in question or otherwise, be paid in the form of cash, money order, cashier's or certified check drawn on an institution acceptable to Landlord, or by other means approved by Landlord, notwithstanding any prior practice of accepting payments in any different form.

Appears in 1 contract

Samples: Office Lease (Orcad Inc)

Form of Payment After Default. Following the occurrence of more than two three (23) monetary events of default by Tenant in the payment of Base Rent or Additional Rent in excess of $50,000.00 in any twelve (12) consecutive month period during the Lease Termperiod, Landlord shall have the right to require that any or all subsequent amounts paid by Tenant to Landlord hereunder, whether in the to cure of the default in question or otherwise, be paid in the form of cash, money order, cashier's or certified check drawn on an institution acceptable to Landlord, or by other means approved by Landlord, notwithstanding any prior practice of accepting payments in any different form.

Appears in 1 contract

Samples: Office Lease (Cytyc Corp)

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