Common use of Inducement Recapture Clause in Contracts

Inducement Recapture. Any agreement by Landlord for free, abated or deferred rent or other charges applicable to the Premises, or for the giving or paying by Landlord to or for Tenant of any cash or other bonus, inducement or consideration for Tenant's entering into this Lease (collectively, any "Inducement Provisions") shall be deemed conditioned upon Tenant's full and faithful performance of all of the terms, covenants and conditions of this Lease to be performed or observed by Tenant. Upon the occurrence of any Default hereunder by Tenant, any such Inducement Provisions shall automatically be deemed deleted from this Lease and of no further force or effect, and any rent, other charge, bonus, inducement or consideration previously abated, deferred, given or paid by Landlord under such Inducement Provisions shall be immediately due and payable by Tenant to Landlord as additional rent hereunder, notwithstanding any subsequent cure of said breach by Tenant. The acceptance by Landlord of rent or the cure of the Default that initiated the Initials: /s/ EM /s/ WB 20 operation of this paragraph shall not be deemed a waiver by Landlord of the provisions of this paragraph unless specifically so stated in writing by Landlord at the time of such acceptance. Landlord acknowledges that there are no Inducement Provisions in connection with this Lease.

Appears in 2 contracts

Samples: And Restated Lease Agreement (Emeritus Corp\wa\), And Restated Lease Agreement (Emeritus Corp\wa\)

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Inducement Recapture. Any agreement by Landlord for free, free or abated or deferred rent or other charges applicable (to the Premisesextent not repaid by Subtentant to Sublandlord), or for the giving or paying by Landlord Sublandlord to or for Tenant Subtenant of any cash or other bonus, inducement or consideration for TenantSubtenant's entering into this Lease (collectivelySublease, any all of which concessions are hereinafter referred to as "Inducement Provisions") , shall be deemed conditioned upon TenantSubtenant's full and faithful performance of all of the terms, covenants and conditions of this Lease to be performed or observed by TenantSublease. Upon Breach of this Sublease by Subtenant which results in the occurrence termination of any Default hereunder by Tenantthis Sublease, any such Inducement Provisions Provision shall automatically be deemed deleted from this Lease Sublease and of no further force or effect, and any rent, other charge, bonus, inducement or consideration previously theretofore abated, deferred, given or paid by Landlord Sublandlord under such an Inducement Provisions Provision less any Abatement Reimbursement Rent paid pursuant to Paragraph 3.3 shall be immediately due and payable by Tenant Subtenant to Landlord as additional rent hereunder, notwithstanding any subsequent cure of said breach by TenantSublandlord. The acceptance by Landlord Sublandlord of rent or the cure of the Default that Breach which initiated the Initials: /s/ EM /s/ WB 20 operation of this paragraph shall not be deemed a waiver by Landlord Sublandlord of the provisions of this paragraph with respect to any future Breach unless specifically so stated in writing by Landlord Sublandlord at the time of such acceptance. Landlord acknowledges that there are no Inducement Provisions in connection with this Lease.

Appears in 2 contracts

Samples: Sublease Commencement Date Agreement (Ariba Inc), Lease (Interwoven Inc)

Inducement Recapture. Any agreement by Landlord for free, free or abated or deferred rent or other charges applicable to charges, the Premisescost of tenant improvements for Lessee paid for or performed by Lessor, or for the giving or paying by Landlord Lessor to or for Tenant Lessee of any cash or other bonus, inducement or consideration for Tenant's Lessee’s entering into this Lease (collectivelyLease, any "all of which concessions are hereinafter referred to as “Inducement Provisions") ,” shall be deemed conditioned upon Tenant's Lessee’s full and faithful performance of all of the terms, covenants and conditions of this Lease to be performed or observed by TenantLease. Upon the occurrence Breach of any Default hereunder this Lease by TenantLessee, any such Inducement Provisions Provision shall automatically be deemed deleted from this Lease | INITIALS INITIALS and of no further force or effect, and the unamortized value (amortized over the initial term) of any rent, other charge, bonus, inducement or consideration previously theretofore abated, deferred, given or paid by Landlord Lessor under such an Inducement Provisions Provision shall be immediately due and payable by Tenant Lessee to Landlord as additional rent hereunderLessor, notwithstanding any subsequent cure of said breach Breach by TenantLessee. The acceptance by Landlord Lessor of rent or the cure of the Default that Breach which initiated the Initials: /s/ EM /s/ WB 20 operation of this paragraph shall not be deemed a waiver by Landlord Lessor of the provisions of this paragraph unless specifically so stated in writing by Landlord Lessor at the time of such acceptance. Landlord acknowledges that there are no Inducement Provisions in connection with this Lease.

Appears in 2 contracts

Samples: Social Capital Suvretta Holdings Corp. I, Social Capital Suvretta Holdings Corp. I

Inducement Recapture. Any agreement by Landlord for free, abated or deferred rent or other charges applicable to the Premises, or for the giving or paying by Landlord to or for Tenant of any cash or other bonus, inducement or consideration for Tenant's entering into this Lease (collectively, any "Inducement Provisions") shall be deemed conditioned upon Tenant's full and faithful performance of all of the terms, covenants and conditions of this Lease to be performed or observed by Tenant. Upon the occurrence of any Default hereunder by Tenant, any such Inducement Provisions shall automatically be deemed deleted from this Lease and of no further force or effect, and any rent, other charge, bonus, inducement or consideration previously abated, deferred, given or paid by Landlord under such Inducement Provisions shall be immediately due and payable by Tenant to Landlord as additional rent hereunder, notwithstanding any subsequent cure of said breach by Tenant. The acceptance by Landlord of rent or the cure of the Default that initiated the Initials: /s/ EM /s/ WB 20 operation of this paragraph shall not be deemed a waiver by Landlord of the provisions of this paragraph unless specifically so stated in writing by Landlord at the time of such acceptance. Landlord acknowledges that there are no Inducement Provisions in connection with this Lease.

Appears in 1 contract

Samples: And Restated Lease Agreement (Emeritus Corp\wa\)

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Inducement Recapture. Any agreement by Landlord for free, free or abated or deferred rent or other charges applicable (to the Premisesextent not repaid by Subtenant to Sublandlord), or for the giving or paying by Landlord Sublandlord to or for Tenant Subtenant of any cash or other bonus, inducement or consideration for TenantSubtenant's entering into this Lease (collectivelySublease, any all of which concessions are hereinafter referred to as "Inducement Provisions") , shall be deemed conditioned upon TenantSubtenant's full and faithful performance of all of the terms, covenants and conditions of this Lease to be performed or observed by TenantSublease. Upon Breach of this Sublease by Subtenant which results in the occurrence termination of any Default hereunder by Tenantthis Sublease, any such Inducement Provisions Provision shall automatically be deemed deleted from this Lease Sublease and of no further force or effect, and any rent, other charge, bonus, inducement or consideration previously theretofore abated, deferred, given or paid by Landlord Sublandlord under such an Inducement Provisions Provision less any Abatement Reimbursement Rent paid pursuant to Paragraph 3.3 shall be immediately due and payable by Tenant Subtenant to Landlord as additional rent hereunder, notwithstanding any subsequent cure of said breach by TenantSublandlord. The acceptance by Landlord Sublandlord of rent or the cure of the Default that Breach which initiated the Initials: /s/ EM /s/ WB 20 operation of this paragraph shall not be deemed a waiver by Landlord Sublandlord of the provisions of this paragraph with respect to any future Breach unless specifically so stated in writing by Landlord Sublandlord at the time of such acceptance. Landlord acknowledges that there are no Inducement Provisions in connection with this Lease.

Appears in 1 contract

Samples: Sublease Commencement Date Agreement (Interwoven Inc)

Inducement Recapture. Any agreement by Landlord for free, free or abated or deferred rent or other charges applicable to the Premisescharges, or for the giving or paying by Landlord Sublandlord to or for Tenant Subtenant of any cash or other bonus, inducement or consideration for Tenant's Subtenant’s entering into this Lease (collectivelySublease, any "including but not limited to the waiver of rent during he period proceeding the Rent Commencement Date, all of which concessions are hereinafter referred to as “Inducement Provisions") ”, shall be deemed conditioned upon Tenant's Subtenant’s full and faithful performance of all of the terms, covenants and conditions of this Lease to be performed or observed by TenantSublease. Upon Breach of this Sublease by Subtenant, unless such Breach if fully cured to Sublandlord’s satisfaction within ten (10) business days after the occurrence of any Default hereunder by Tenantsuch Breach, any such Inducement Provisions Provision shall automatically be deemed deleted from this Lease Sublease and of no further force or effect, and any rent, other charge, bonus, inducement or consideration previously theretofore abated, deferred, given or paid by Landlord Sublandlord under such an Inducement Provisions Provision shall be immediately due and payable by Tenant Subtenant to Landlord as additional rent hereunder, notwithstanding any subsequent cure of said breach by TenantSublandlord. The acceptance by Landlord Sublandlord of rent or the cure of the Default that Breach which initiated the Initials: /s/ EM /s/ WB 20 operation of this paragraph shall not be deemed a waiver by Landlord Sublandlord of the provisions of this paragraph unless specifically so stated in writing by Landlord Sublandlord at the time of such acceptance. Landlord acknowledges that there are no Inducement Provisions in connection with this Lease.

Appears in 1 contract

Samples: Ariba Inc

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