Interim Period. If an Acceptance Date does not fall on a Commencement Date, then Lessee agrees to pay to Lessor "Interim Rent" for the period commencing on the Acceptance Date through and including the day preceding the Commencement Date (the "Interim Period"). The Interim Rent payment for the Interim Period shall accrue at the "Interim Rate" (as defined in the applicable Lease Line Schedule) and shall be due and payable in full on the Commencement Date.
Appears in 2 contracts
Samples: Master Equipment Lease Agreement (3dfx Interactive Inc), Master Equipment Lease Agreement (3dfx Interactive Inc)
Interim Period. If an the Acceptance Date does not fall on a the Commencement Date, then Lessee agrees to pay to Lessor "Interim Rent" for the period commencing on the Acceptance Date through and including the day preceding the Commencement Date (the "Interim Period"). The Interim Rent payment for the Interim Period shall accrue at the "Interim Rate" (as defined in the applicable Lease Line Schedule) and shall be due and payable in full on the Commencement Date.
Appears in 2 contracts
Samples: Master Equipment Lease Agreement (Sagent Technology Inc), Master Equipment Lease Agreement (Symphonix Devices Inc)
Interim Period. If an the Acceptance Date does not fall on a the Commencement Date, then Lessee agrees to pay to Lessor "“Interim Rent" ” for the period commencing on the Acceptance Date through and including the day preceding the Commencement Date (the "“Interim Period"”). The Interim Rent payment for the Interim Period shall accrue at the "“Interim Rate" ” (as defined in the applicable Lease Line Schedule) and shall be due and payable in full on the Commencement Date.
Appears in 1 contract
Samples: Master Equipment Lease Agreement (Rigel Pharmaceuticals Inc)
