Common use of Reimbursement for Repairs Assumed Clause in Contracts

Reimbursement for Repairs Assumed. If Tenant fails or refuses to make repairs that are required by this Xxxxxxx 0, Xxxxxxxx may at its option make the repairs on Tenant’s behalf and charge the actual costs of repairs to Tenant. Such expenditures by Landlord shall be reimbursed by Tenant on demand together with interest at the rate of nine percent (9%) per annum from the date of expenditure by Landlord.

Appears in 2 contracts

Samples: Commercial Lease, Commercial Lease

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Reimbursement for Repairs Assumed. If Tenant fails or refuses to make repairs that are required by this Xxxxxxx 0, Xxxxxxxx may at its option make the repairs on TenantXxxxxx’s behalf and charge the actual costs of repairs to Tenant. Such expenditures by Landlord Xxxxxxxx shall be reimbursed by Tenant Xxxxxx on demand together with interest at the rate of nine percent (9%) per annum from the date of expenditure by Landlord.

Appears in 1 contract

Samples: Commercial Lease

Reimbursement for Repairs Assumed. If Tenant Xxxxxx fails or refuses to make repairs that are required by this Xxxxxxx 0Lease, Xxxxxxxx Landlord may at its option make the repairs on Tenant’s behalf and charge the actual costs of repairs to Tenant. Such expenditures by Landlord shall shall, upon expiration or termination of this Lease, be reimbursed by Tenant Xxxxxx on demand together with interest at the rate of nine 12 percent (9%) per annum from the date of expenditure by Landlord.

Appears in 1 contract

Samples: Lease Agreement

Reimbursement for Repairs Assumed. If Tenant fails or refuses to make repairs that which are required to be made by Tenant under the terms of this Xxxxxxx 0Lease, Xxxxxxxx Landlord may at its option make the such repairs on Tenant’s behalf and charge the actual costs of repairs to the Tenant. Such expenditures Expenditures by Landlord Landlord, for the account of Tenant, shall be reimbursed by Tenant on demand upon demand, together with interest at the rate of nine ten percent (910%) per annum from the date of expenditure by LandlordLandlord to the date of payment by Tenant.

Appears in 1 contract

Samples: Lease (Creative Medical Development Inc)

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Reimbursement for Repairs Assumed. If Tenant fails or refuses to make repairs that are required by this Xxxxxxx 0Section 4, Xxxxxxxx Landlord may at its option make the repairs on TenantXxxxxx’s behalf and charge the actual costs of repairs to Tenant. Such expenditures by Landlord Xxxxxxxx shall be reimbursed by Tenant Xxxxxx on demand together with interest at the rate of nine percent (9%) per annum from the date of expenditure by Landlord.

Appears in 1 contract

Samples: Commercial Lease

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