Common use of Remaining Rent Clause in Contracts

Remaining Rent. To declare all Base Rent, Additional Rent and charges due hereunder to be immediately due and payable and thereupon all such amounts due to the end of the Term shall thereupon be accelerated. In the event that any charges due hereunder cannot be exactly determined as of the date of acceleration, the amount of such charges shall be determined by Lessor in a reasonable manner based on historical increases in such charges; or

Appears in 6 contracts

Samples: Lease Agreement (Addvantage Technologies Group Inc), Agreement for the Purchase and Sale of Real Estate (Addvantage Technologies Group Inc), Lease Agreement (Addvantage Technologies Group Inc)

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