Common use of LESSOR'S RIGHT TO PERFORM Clause in Contracts

LESSOR'S RIGHT TO PERFORM. If Lessee fails to make any payment under the Lease or fails to perform any of its other agreements in the Lease (including, without limitation, its agreement to provide insurance coverage as stated in the Lease), Lessor may itself make such payment or perform such agreement, and the amount of such payment and the amount of the expenses of Lessor incurred in connection with such payment or performance shall be deemed to be additional rent, payable by Lessee on demand.

Appears in 8 contracts

Samples: Master Lease Agreement (Amedica Corp), Master Lease Agreement (STB Systems Inc), Financing Lease (Cerprobe Corp)

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LESSOR'S RIGHT TO PERFORM. If Lessee fails to make any payment under the Lease or fails to perform any of its the other agreements in the Lease (including, without limitation, its agreement to provide insurance coverage as stated in the Lease), Lessor may itself make such payment or perform such agreement, and the amount of such payment and the amount of the expenses of Lessor incurred in connection with such payment or performance shall be deemed to be additional rent, payable by Lessee on demand.

Appears in 1 contract

Samples: Master Lease Agreement (Cerprobe Corp)

LESSOR'S RIGHT TO PERFORM. If Lessee fails to make any payment under the Lease or fails to perform any of its other agreements in the Lease (including, without limitation, its agreement to provide insurance coverage as stated in the Lease), Lessor may itself make such payment or perform such agreement, and the amount of such payment and the amount of the expenses of Lessor incurred in connection with such payment or performance shall be deemed accrued to be additional rent, payable by Lessee on demand.

Appears in 1 contract

Samples: Master Lease Agreement (Kendle International Inc)

LESSOR'S RIGHT TO PERFORM. If Lessee fails to make any payment under the Lease or fails to perform any of its other agreements in the Lease (including, without limitation, its agreement to provide insurance coverage as stated in the Lease), Lessor may itself make such payment or perform such agreement, and the amount of such payment and the amount of the expenses of Lessor incurred in connection with such payment or performance shall be deemed to be additional rent, payable by Lessee on demand.

Appears in 1 contract

Samples: Master Lease Agreement (Rockford Corp)

LESSOR'S RIGHT TO PERFORM. If Lessee fails to make any payment under the Lease or fails to perform any of its other agreements in the Lease (including, without limitation, its agreement to provide insurance coverage as stated in the Lease), Lessor may itself make such payment or perform such agreement, and the amount of such payment and the amount of the reasonable expenses of Lessor incurred in connection with such payment or performance shall be deemed to be additional rent, payable by Lessee on demand.

Appears in 1 contract

Samples: Master Lease Agreement (Home Interiors & Gifts Inc)

LESSOR'S RIGHT TO PERFORM. If Lessee fails to make any payment under the Lease or fails to perform any of its other agreements in the Lease (including, without limitation, its agreement to provide insurance coverage as stated in the Lease), Lessor may itself (but shall not be obligated to) make such payment or perform such agreement, and the amount of such payment and the amount of the expenses of Lessor incurred in connection with such payment or performance shall be deemed to be additional rent, payable by Lessee on demand.

Appears in 1 contract

Samples: Master Lease Agreement (Argo Blockchain PLC)

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LESSOR'S RIGHT TO PERFORM. If Lessee fails to make any payment under the Lease or fails to perform any of its other agreements in the Lease (including, without limitation, its agreement to provide insurance coverage as stated in the Lease), Lessor may itself make such payment or perform such agreement, agreement and the amount of such payment and the amount of the expenses of Lessor incurred in connection with such payment or performance shall be deemed to be additional rent, payable by Lessee on demand.

Appears in 1 contract

Samples: Master Lease Agreement (Charter Communications International Inc /Tx/)

LESSOR'S RIGHT TO PERFORM. If Lessee fails to make any payment under the Lease or fails to perform any of its other agreements in the Lease (including, without limitation, its agreement to provide insurance coverage as stated in the Lease), Lessor may itself make such payment or perform such agreement, and the amount of such payment and the amount of the expenses of Lessor incurred in connection with such payment or performance shall be deemed to be additional rent, payable by Lessee on demand.

Appears in 1 contract

Samples: Master Lease Agreement (Trizetto Group Inc)

LESSOR'S RIGHT TO PERFORM. If Lessee fails to make any payment under the Lease or fails to perform any of its other agreements in the Lease (including, without limitation, its agreement to provide insurance coverage as stated in the Lease), Lessor may itself make such payment or perform such agreement, and the amount of such payment and the amount of the expenses of Lessor incurred in connection with such payment or performance shall be deemed to be additional rent, payable by Lessee Lessor on demand.

Appears in 1 contract

Samples: Master Lease Agreement (Cerprobe Corp)

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