Common use of LEASE IRREVOCABILITY Clause in Contracts

LEASE IRREVOCABILITY. This Lease is irrevocable for the full terms thereof as set forth in any Schedule and for the aggregate rentals therein reserved and the rent shall not xxxxx by reason of termination of Lessee's right of possession and/or the taking of possession by the Lessor or for any other reason. Any payment not made when due shall, at the option of Lessor, bear late charges thereon calculated at the rate of 1 1/2% per month, but in no event greater than the highest rate permitted by relevant law.

Appears in 4 contracts

Samples: Master Lease Agreement (Azurel LTD), Master Lease Agreement (Staodyn Inc), Master Lease Agreement (Meadow Valley Corp)

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LEASE IRREVOCABILITY. This Lease is irrevocable for the full terms thereof as set forth in any Schedule and for the aggregate rentals therein reserved and the rent shall not xxxxx abate by reason of termination of Lessee's right of possession and/or the and/xx xxe taking of possession by the Lessor or for any other reason. Any payment not made when due shall, at the option of Lessor, bear late charges thereon calculated at the rate of 1 1/2% per month, but in no event greater than the highest rate permitted by relevant law.

Appears in 1 contract

Samples: Master Lease Agreement (Meadow Valley Corp)

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LEASE IRREVOCABILITY. This Lease is irrevocable for the full terms thereof as set forth in any Schedule term hereof and for the aggregate rentals therein hereinabove reserved and the rent shall not xxxxx by abatx xx reason of termination of Lessee's right of possession and/or the taking of possession by the Lessor or for any other reason. Any payment not made when due shall, and delinquent installments of rent shall bear interest at the option of Lessor, bear late charges thereon calculated at the rate of 1 1/2% per monthmonth if not prohibited by law, but in no event greater than otherwise at the highest rate permitted by relevant lawlawful contract rate.

Appears in 1 contract

Samples: Sub Lease (Complete Wellness Centers Inc)

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