Common use of Reduce, Delay, Waive, or Advance Clause in Contracts

Reduce, Delay, Waive, or Advance. The intent of this Section is to xxxxxx continued occupancy by the Lessee despite the occurrence of unforeseeable financial and/or personal hardship. As such, the following provisions apply: a). CLT may, in its sole discretion, reduce, delay, or waive the Administration Fee in consideration of the personal hardship or other difficulty of Lessee, including without limitation due to fire, damage, or other casualty under Section 9.4 (Damage or Destruction). Any such reduction, delay, or waiver must be approved and delivered in writing. b). CLT may, in its sole discretion, advance on behalf of the Lessee any sums owed by the Lessee to a third party relating to the Leased Premises. The Lessee shall repay such advanced moneys to CLT with the next monthly Administration Fee due after the date of notice from CLT.

Reduce, Delay, Waive, or Advance. The intent of this Section is to xxxxxx continued occupancy by the Lessee despite the occurrence of unforeseeable financial and/or personal hardship. As such, the following provisions apply: a). CLT may, in its sole discretion, reduce, delay, or waive the Administration Fee in consideration of the personal hardship or other difficulty of Lessee, including without limitation due to fire, damage, or other casualty under Section 9.4 (Damage or Destruction). Any such reduction, delayd elay, or waiver must be approved and delivered in writing. b). CLT may, in its sole discretion, advance on behalf of the Lessee any sums owed by the Lessee to a third party relating to the Leased Premises. The Lessee shall repay such advanced moneys to CLT with the next monthly Administration Fee due after the date of notice from CLT.