Common use of Good Funds Payments Clause in Contracts

Good Funds Payments. If, for any reason whatsoever, any two or more payments by check from Tenant to Landlord for Rent are dishonored and returned unpaid, thereafter, Landlord may, at Landlord's sole option, upon written notice to Tenant, require that all future payments of Rent for the remaining term of the Lease shall be made by cash, cashier's check, or money order and that the delivery of Tenant's personal or corporate check will no longer constitute payment of Rent as provided in this Lease. Any acceptance by Landlord of a payment for Rent by Tenant's personal or corporate check thereafter shall not be construed as a waiver of Landlord's right to insist upon payment by good funds as set forth in this Section 3.05.

Appears in 3 contracts

Samples: Commercial Lease Agreement (Custom Chrome Inc /De), Commercial Lease Agreement (Craftmade International Inc), Lease Agreement (Global Election Systems Inc)

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Good Funds Payments. If, for any reason whatsoever, any two or more payments by check from Tenant to Landlord for Rent are dishonored and returned unpaid, thereafter, thereafter Landlord may, at Landlord's sole option, upon written notice to Tenant, require that all future payments of Rent for the remaining term of the Lease shall must be made by cash, certified check, cashier's check, or money order ("Good Funds") and that the delivery of Tenant's personal or corporate check will no longer constitute payment of Rent as provided in under this Lease. Any acceptance by Landlord of a payment for Rent by Tenant's personal or corporate check thereafter shall not be construed as a waiver of Landlord's right to insist upon payment by good funds Good Funds as set forth in this Section 3.05herein.

Appears in 2 contracts

Samples: Commercial Lease Agreement (Efficient Networks Inc), Commercial Lease Agreement (Ace Hardware Corp)

Good Funds Payments. If, for any reason whatsoever, any two or more payments by check from Tenant to Landlord for Rent are dishonored and returned unpaid, thereafter, thereafter Landlord may, at Landlord's Landlords sole option, upon written notice to Tenant, . require that all future payments of Rent for the remaining term of the Lease shall must be made by cash, certified check, cashier's check, or money order ("Good Funds") and that the delivery of Tenant's personal or corporate check will no longer constitute payment of Rent as provided in under this Lease. Any acceptance by Landlord of a payment for Rent by Tenant's personal or corporate check thereafter shall not be construed as a waiver of Landlord's right to insist upon payment by good funds Good Funds as set forth in this Section 3.05herein.

Appears in 2 contracts

Samples: Commercial Lease Agreement (Cheap Tickets Inc), Commercial Lease Agreement (Cheap Tickets Inc)

Good Funds Payments. If, for any reason whatsoever, any two or more payments by check from Tenant to Landlord for Rent are dishonored and returned unpaid, thereafter, Landlord may, at Landlord's sole option, upon written notice to Tenant, require that all future payments of Rent for the remaining term of the Lease shall be made by cash, cashier's check, or money order and that the delivery of Tenant's personal or corporate check will no longer constitute payment of Rent as provided in this Lease. Any acceptance by Landlord of a payment for Rent by Tenant's personal or corporate check thereafter shall not be construed as a waiver of Landlord's right rights to insist upon payment by good funds as set forth in this Section 3.05.

Appears in 1 contract

Samples: Commercial Lease Agreement (Network 1 Security Solutions Inc)

Good Funds Payments. If, for any reason whatsoever, any two or more payments by check from Tenant to Landlord for Rent are dishonored and returned unpaid, thereafter, Landlord may, at Landlord's sole option, upon written notice to Tenant, require that all future payments of Rent for the remaining term of the Lease shall be made by cash, cashier's check, or money order and that the delivery of Tenant's personal or corporate check will no longer constitute payment of Rent as provided in this Lease. Any acceptance by Landlord of a payment for Rent by Tenant's personal or corporate check thereafter shall not be construed as a waiver of Landlord's right to insist upon payment by good funds as set forth in this Section 3.053.6.

Appears in 1 contract

Samples: Commercial Industrial Sublease Agreement (Ilex Oncology Inc)

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Good Funds Payments. If, for any reason whatsoever, any two or more payments by check from Tenant to Landlord for Rent and or any sums owed are dishonored and returned unpaid, thereafter, thereafter Landlord may, at Landlord's sole option, upon written notice to Tenant, require that all future payments of Rent for the remaining term of the Lease shall must be made by cash, certified check, cashier's check, or money order ("Good Funds") and that the delivery of Tenant's personal or corporate check will no longer constitute payment of Rent as provided in under this Lease. Any acceptance by Landlord of a payment for Rent by Tenant's personal or corporate check thereafter shall not be construed as a waiver of Landlord's right to insist upon payment by good funds Good Funds as set forth in this Section 3.05herein.

Appears in 1 contract

Samples: Commercial Lease Agreement (Precis Smart Card Systems Inc)

Good Funds Payments. If, for any reason whatsoever, any two or more payments by check from Tenant to Landlord for Rent are dishonored and returned unpaid, thereafter, unpaid thereafter Landlord may, at Landlord's ’s sole option, upon written notice to Tenant, require that all future payments of Rent for the remaining term of the Lease shall must be made by cash, certified check, cashier's ’s check, or money order (“Good Funds”) and that the delivery of Tenant's ’s personal or corporate check will no longer constitute payment of Rent as provided in under this Lease. Any acceptance by Landlord of a payment for Rent by Tenant's ’s personal or corporate check thereafter shall not be construed as a waiver of Landlord's ’s right to insist upon payment by good funds Good Funds as set forth in this Section 3.05herein.

Appears in 1 contract

Samples: Commercial Lease Agreement (Oryon Technologies, Inc.)

Good Funds Payments. If, for any reason whatsoever, any two or more payments by check from Tenant to Landlord for Rent are dishonored and returned unpaid, thereafter, thereafter Landlord may, at Landlord's sole option, upon written notice to Tenant, require that all future payments of Rent for the remaining term of the Lease shall must be made by cash, certified check, cashier's check, or money order ("Good Funds") and that the delivery of Tenant's personal or corporate check will no longer constitute payment of Rent as provided in under this Lease. Any acceptance by Landlord of a payment for Rent by Tenant's personal or corporate check thereafter shall not be construed as a waiver of Landlord's right to insist upon payment by good funds Good Funds as set forth in this Section 3.05.herein. ARTICLE FOUR: TAXES

Appears in 1 contract

Samples: Commercial Lease Agreement (Speed Release Lock Co)

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