Common use of PAYMENT AND ACCOUNTS Clause in Contracts

PAYMENT AND ACCOUNTS. 6.1. All payments to be made by the Lessee under this Agreement including Variable Lease Rentals, shall be made in full, without any set-off or counter claim whatsoever, on the Payment Date as specified in Appendix ‘B’and when the Payment Date is not a Business Day, the next Business Day and save as provided in Clause 6.2, free and clear of any deductions or withholdings on the due date to the Lessor. The Lessee will be released from its payment obligations hereunder only after the Lessor has received credit for the sums paid by the Lessee.

Appears in 1 contract

Samples: Lease Agreement

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PAYMENT AND ACCOUNTS. 6.1. 6.01 All payments to be made by the Lessee under this Agreement including Variable Lease Rentals, shall be made in full, without any set-off or counter claim whatsoever, on the Payment Date as specified in Appendix ‘B’and due date and when the Payment Date due date is not a Business Day, the next Business Day and save as provided in Clause 6.26.02, free and clear of any deductions or withholdings on withholdings, to an account of the due date Lessor as may be notified from time to time, and the Lessor. The Lessee will only be released from its payment obligations hereunder only after by paying sums due into the Lessor has received credit for the sums paid by the Lessee.aforementioned account;

Appears in 1 contract

Samples: Model Lease Agreement

PAYMENT AND ACCOUNTS. 6.1. 6.01 All payments to be made by the Lessee under this Agreement including Variable Lease Rentals, shall be made in full, without any set-set- off or counter claim whatsoever, on the Payment Date as specified in Appendix ‘B’and due date and when the Payment Date due date is not a Business Day, the next Business Day and save as provided in Clause 6.26.02, free and clear of any deductions or withholdings on withholdings, to an account of the due date Lessor as may be notified from time to time, and the Lessor. The Lessee will only be released from its payment obligations hereunder only after by paying sums due into the Lessor has received credit for the sums paid by the Lessee.aforementioned account;

Appears in 1 contract

Samples: Model Lease Agreement

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PAYMENT AND ACCOUNTS. 6.1. 6.01 All payments to be made by the Lessee under this Agreement including Variable Lease Rentals, shall be made in full, without any set-off or counter claim whatsoever, on the Payment Date as specified in Appendix ‘B’and due date and when the Payment Date due date is not a Business Day, the next Business Day and save as provided in Clause 6.26.02, free and clear of any deductions or withholdings on withholdings, to an account of the due date Lessor as may be notified from time to time, and the Lessor. The Lessee will only be released from its payment obligations hereunder only after by paying sums due into the Lessor has received credit for the sums paid by the Lessee.aforementioned account;

Appears in 1 contract

Samples: Model Lease Agreement

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