Common use of Nonpayment of Base Rent Clause in Contracts

Nonpayment of Base Rent. Failure to pay any installment of Base Rent on or before the date when due. Notwithstanding the foregoing, Tenant shall have a five (5) Business Day grace period for payment of one installment of the Base Rent twice in any twelve (12) month period during the Lease Term.

Appears in 3 contracts

Samples: Master Land and Building Lease (Getty Realty Corp /Md/), Master Land and Building Lease (Getty Realty Corp /Md/), Master Land and Building Lease (Getty Realty Corp /Md/)

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Nonpayment of Base Rent. Failure to pay any installment of Base Rent on or before the date when due. Notwithstanding the foregoing, Tenant shall have a five (5) Business Day grace period for payment of one installment of the Base Rent twice in any twelve (12) month period during the Lease Term.

Appears in 2 contracts

Samples: Master Land and Building Lease (Forterra, Inc.), Master Land and Building Lease (Forterra, Inc.)

Nonpayment of Base Rent. Failure to pay any installment of Base Rent on or before the date hereunder when payment is due. Notwithstanding the foregoing, Tenant shall have a five one (51) Business Day three (3) day grace period for payment of one installment of the Base Rent twice in any twelve (12) month period during the Lease Term.

Appears in 1 contract

Samples: Master Land and Building Lease (Ryan's Restaurant Leasing Company, LLC)

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Nonpayment of Base Rent. Failure to pay any installment of Base Rent on or before the date when due. Notwithstanding the foregoing; provided, that Tenant shall have a five (5) Business Day grace period for payment of one installment of the Base Rent twice in any twelve (12) month period during the Lease Term.

Appears in 1 contract

Samples: Master Land and Building Lease (Forterra, Inc.)

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