Performance for Tenant. In the event that Landlord elects to perform the obligation(s) of Tenant, all sums expended by Landlord effecting such performance (including Administrative Reimbursement under Section 3.9), plus Interest thereon, will be due and payable with the next monthly installment of Base Annual Rent. Such sum will constitute additional rental under this Lease, and failure to pay such sums when due will enable Landlord to exercise all of Landlord’s remedies under this Lease.
Appears in 2 contracts
Samples: Office Building Lease (Archipelago Learning, Inc.), Lease Termination Agreement (Archipelago Learning, Inc.)
Performance for Tenant. In the event that Landlord elects to perform the obligation(s) of Tenant, all sums expended by Landlord effecting such performance (including Administrative Reimbursement under Section 3.93.8), plus Interest thereon, will be due and payable with the next monthly installment of Base Annual RentRent following ten (10) business days of Tenant’s receipt of demand from Landlord. Such sum will constitute additional rental under this Lease, and failure to pay such sums when due will enable Landlord to exercise all of Landlord’s remedies under this Lease.
Appears in 2 contracts
Samples: Lease Agreement, Office Building Lease (HII Technologies, Inc.)