Common use of Form of Payment After Default Clause in Contracts

Form of Payment After Default. Following the occurrence of an Event of Default by Tenant, Landlord shall have the right to require that for the following twelve (12) month period 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.

Form of Payment After Default. Following For three (3) months following the occurrence of an Event a monetary event of Default default by Tenant, Landlord shall have the right to require that for the following twelve (12) month period 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.

Form of Payment After Default. Following the occurrence of an Event of Default three (3) monetary defaults by TenantTenant within any eighteen (18) month time period, Landlord shall have the right to require that for the following twelve (12) month period 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 '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.