Common use of Rent and Payment Clause in Contracts

Rent and Payment. Rent is due and payable in advance on the first day of each Rent Interval at the address specified in Lessor's invoice. Interim Rent is due and payable when invoiced. If any payment is not made when due, Lessee will pay a Late Charge on the overdue amount. Upon Lessee's execution of each Schedule, Lessee will pay Lessor the Advance specified on the Schedule. The Advance will be credited towards the final Rent payment if Lessee is not then in default. No interest will be paid on the Advance.

Appears in 40 contracts

Samples: Master Lease Agreement (DSL Net Inc), Master Lease Agreement (Micro Therapeutics Inc), Master Lease Agreement (Saleslogix Corp)

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Rent and Payment. Rent is due and payable in advance advance, in immediately available funds, on the first day of each Rent Interval to the payee and at the address location specified in Lessor's invoice. Interim Rent is due and payable when invoiced. If any payment is not made when due, Lessee will pay a Late Charge on interest at the overdue amountOverdue Rate. Upon Lessee's execution of each Schedule, Lessee will pay Lessor the Advance specified on the Schedule. The Advance will be credited towards the final Rent payment if Lessee is not then in default. No interest will be paid on the Advance.

Appears in 9 contracts

Samples: Master Lease Agreement (3 Dimensional Pharmaceuticals Inc), Master Lease Agreement (Flexiinternational Software Inc/Ct), Master Lease Agreement (Endocardial Solutions Inc)

Rent and Payment. Rent is due and payable in advance advance, in immediately available funds, on the first day of each Rent Interval to the payee and at the address location specified in Lessor's invoice. Interim Rent is due and payable when invoiced. If any payment is not made when due, Lessee will pay a Late Charge on interest at the overdue amount. Upon Lessee's execution of each Schedule, Lessee will pay Lessor the Advance specified on the Schedule. The Advance will be credited towards the final Rent payment if Lessee is not then in default. No interest will be paid on the AdvanceOverdue Rate.

Appears in 7 contracts

Samples: Master Lease Agreement (Abacus Direct Corp), Master Lease Agreement (Myriad Genetics Inc), Master Lease Agreement (Midcom Communications Inc)

Rent and Payment. Rent is due and payable in advance on the first day of each Rent Interval at the address specified in Lessor's invoiceInvoice. Interim Rent is due and payable when invoiced. If any payment is not made when due, Lessee will pay a Late Charge on the overdue amount. Upon Lessee's execution of each Schedule, Lessee will pay Lessor the Advance specified on the Schedule. The Advance will be credited towards the final Rent payment if Lessee is not then in default. No interest will be paid on the Advance.

Appears in 2 contracts

Samples: Master Lease Agreement (Agile Software Corp), Master Lease Agreement (Webridge Inc)

Rent and Payment. Rent is due and payable in advance on the first day of each Rent Interval at the address specified in Lessor's invoice. Interim Rent is due and payable when invoiced. If any payment is not made when due, Lessee will pay a Late Charge on the overdue amount. Upon Lessee's execution of each Schedule, Lessee will pay Lessor the Advance advance specified on the Schedule. The Advance will be credited towards the final Rent payment if Lessee is not then in default. No interest will be paid on the Advance.

Appears in 2 contracts

Samples: Master Lease Agreement (Cardima Inc), Master Lease Agreement (Cardima Inc)

Rent and Payment. Rent is due and payable in advance advance, in immediately available funds, on the first day of each Rent Interval interval to the payee and at the address location specified in Lessor's invoice. Interim Rent is due and payable when invoiced. If any payment is not made when due, Lessee will pay a Late Charge on interest at the overdue amountOverdue Rate. Upon Lessee's execution of each Schedule, Lessee will pay Lessor the Advance specified on the Schedule. The Advance will be credited towards the final Rent payment if Lessee is not then in default. No interest will be paid on the Advance.

Appears in 1 contract

Samples: Master Lease Agreement (Acusphere Inc)

Rent and Payment. Rent is due and payable in advance on the first day of each Rent Interval at the address specified in Lessor's invoice. Interim Rent is due and payable when invoiced. If any payment is not made when due, Lessee will pay a Late Charge on the overdue amount. Upon Lessee's execution of each Schedule, Lessee will pay Lessor the Advance specified on the Schedule. The Advance will be credited towards the final Rent payment if is Lessee is not then in default. No interest will be paid on the Advance.

Appears in 1 contract

Samples: Master Lease Agreement (Flycast Communications Corp)

Rent and Payment. Rent is due and payable in advance on the first day of each Rent Interval at the address specified in Lessor's invoice. Interim Rent is due and payable when invoiced. If any payment is not made when due, Lessee will pay a Late Charge on the overdue amount. Upon Lessee's execution of each Schedule, Lessee will pay Lessor the Advance specified on the Schedule. The Advance will be credited towards the final Rent payment if Lessee is not then in default. No interest will be paid on the Advance.

Appears in 1 contract

Samples: Master Lease Agreement (Audible Inc)

Rent and Payment. Rent is due and payable in advance advance, in immediately available funds, on the first day of each Rent Interval to the payee and at the address location specified in Lessor's invoice. Interim Rent is due and payable when invoiced. If any payment is not made when due, Lessee will pay a Late Charge on interest at the overdue amountOverdue Rate. Upon Lessee's execution of each Schedule, Lessee will pay Lessor the Advance specified on the Schedule. The Advance will be credited towards the final Rent payment if Lessee is not then in default. No interest will be paid on the Advance4.

Appears in 1 contract

Samples: Master Lease Agreement (Alpha Beta Technology Inc)

Rent and Payment. Rent is due and payable in advance on the first day of each Rent Interval at the address specified in Lessor's invoice. invoice Interim Rent is due and payable when invoiced. If any payment is not made when due, Lessee will pay a Late Charge on the overdue amount. amount Upon Lessee's execution of each Schedule, Lessee will pay Lessor the Advance specified on the Schedule. The Advance will be credited towards the final Rent payment if Lessee is not then in default. default No interest will be paid on the Advance.

Appears in 1 contract

Samples: Master Lease Agreement (Omm Inc)

Rent and Payment. Rent is due and payable in advance on the first day of each Rent Interval at the address specified in Lessor's invoice. Interim Rent is due and payable when invoiced. If any payment is not made when due, Lessee will pay a Late Charge on the overdue amount. Upon Lessee's execution of each Schedule, Lessee will pay Lessor the Advance specified on the Schedule. The Advance will be credited towards the final Rent payment if Lessee is not then in default. No interest Interest will be paid on the Advance.

Appears in 1 contract

Samples: Master Lease Agreement (E Piphany Inc)

Rent and Payment. Rent is due and payable in advance on the first day of each Rent Interval at the address specified in Lessor's invoice. invoice Interim Rent is due and payable when invoiced. If any payment is not made when due, Lessee will pay a Late Charge on the overdue amount. amount Upon Lessee's execution of each Schedule, Lessee will pay Lessor the Advance specified on the Schedule. Schedule The Advance will be credited towards the final Rent payment if Lessee is not then in default. default No interest will be paid on the Advance.

Appears in 1 contract

Samples: Master Lease Agreement (Viant Corp)

Rent and Payment. Rent is due and payable in advance on the first day of each Rent Interval interval at the address specified in Lessor's invoice. Interim Rent is due and payable when invoiced. If any payment is not made when due, Lessee will pay a Late Charge on the overdue amount. Upon Lessee's execution of each Schedule, Lessee will pay Lessor the Advance specified Specified on the Schedule. The Advance will be credited towards the final Rent payment if Lessee is not then in default. No interest will be paid on the Advance.

Appears in 1 contract

Samples: Master Lease Agreement (BMJ Medical Management Inc)

Rent and Payment. Rent is due and payable in advance advance, in immediately available funds, on the first day of each Rent Interval to the payee and at the address the. location specified in Lessor's invoice. Interim Rent is due and payable when invoicedInvoiced. If any payment is Is not made when due, Lessee will pay a Late Charge on interest at the overdue amount. Upon Lessee's execution of each Schedule, Lessee will pay Lessor the Advance specified on the Schedule. The Advance will be credited towards the final Rent payment if Lessee is not then in default. No interest will be paid on the AdvanceOverdue Rate.

Appears in 1 contract

Samples: Master Lease Agreement (Neotherapeutics Inc)

Rent and Payment. Rent is due and payable in advance on advance, in immediately available funds, in the first day of each Rent Interval to the payee and at the address location specified in Lessor's invoice. Interim Rent is due and payable when invoiced. If any payment is not made when due, Lessee will pay a Late Charge on interest at the overdue amountOverdue Rate. Upon Lessee's execution of each Schedule, Lessee will pay Lessor the Advance specified on the Schedule. The Advance will be credited towards the final Rent payment if Lessee is not then in default. No interest will be paid on the Advance.

Appears in 1 contract

Samples: Master Lease Agreement (Chemgenics Pharmaceuticals Inc)

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Rent and Payment. Rent is due and payable in advance on the first day of each Rent Interval at the address specified in Lessor's invoice. Interim Rent is due and payable when invoiced. If any payment is not made when due, Lessee will pay a Late Charge on the overdue amount. Upon Lessee's execution of each Schedule, . Lessee will pay Lessor the Advance specified on the Schedule. The Advance will be credited towards the final Rent payment if Lessee is not then in default. No interest will be paid on the Advance.

Appears in 1 contract

Samples: Master Lease Agreement (Homegrocer Com Inc)

Rent and Payment. Rent is due and payable in advance on the first day of each Rent Interval interval at the address specified in Lessor's " invoice. Interim Rent is due and payable when invoiced. If any payment is not made when due, Lessee will pay a Late Charge on the overdue amount. Upon Lessee's execution of each Schedule, Lessee will pay Lessor the Advance specified on the Schedule. The Advance will be credited towards the final Rent payment if Lessee is not then in default. No interest will be paid on the Advance.

Appears in 1 contract

Samples: Master Lease Agreement (Discovery Partners International Inc)

Rent and Payment. Rent is due and payable in advance on the first day of each Rent Interval at the address specified in Lessor's invoice. Interim Rent is due and payable when invoiced. If any payment is not made when due, Lessee will pay a Late Charge on the overdue amount. Upon Lessee's execution of each Schedule, Lessee will pay Lessor the Advance specified on the Schedule. The Advance will be credited towards the final Rent payment if Lessee is not then in default. No interest will be paid on the Advance.

Appears in 1 contract

Samples: Master Lease Agreement (Essential Com Inc)

Rent and Payment. Rent is due and payable in advance on the first day ---------------- of each Rent Interval at the address specified in Lessor's invoice. Interim Rent is due and payable when invoiced. If any payment is not made when due, Lessee will pay a Late Charge on the overdue amount. Upon Lessee's execution of each Schedule, Lessee will pay Lessor the Advance specified on the Schedule. The Advance will be credited towards the final Rent payment if Lessee is not then in default. No interest will be paid on the Advance.

Appears in 1 contract

Samples: Master Lease Agreement (Ramp Networks Inc)

Rent and Payment. Rent is due and payable in advance on the first day of each Rent Interval interval at the address specified in Lessor's invoice. Interim Rent is due and payable when invoiced. If any payment is not made when due, Lessee will pay a Late Charge on the overdue amount. Upon Lessee's execution of each Schedule, Lessee will pay Lessor the Advance specified on the Schedule. The Advance will be credited towards the final Rent payment if Lessee is not then in default. No interest will be paid on the Advance.

Appears in 1 contract

Samples: Master Lease Agreement (Gadzoox Networks Inc)

Rent and Payment. Rent is due and payable in advance advance, in immediately available funds, on the first day of each Rent Rent. Interval to the payee and at the address location specified in Lessor's invoice. Interim Rent is due and payable when invoiced. If , if any payment is not made when due, Lessee will pay a Late Charge on interest at the overdue amount. Upon Lessee's execution of each Schedule, Lessee will pay Lessor the Advance specified on the Schedule. The Advance will be credited towards the final Rent payment if Lessee is not then in default. No interest will be paid on the AdvanceOverdue Rate.

Appears in 1 contract

Samples: Technology Services Company Master Lease Agreement (Fibernet Telecom Group Inc\)

Rent and Payment. Rent is due and payable in advance advance, in immediately available funds, on the first day of each Rent Interval to the payee and at the address location specified in Lessor's invoiceInvoice. Interim Rent is due and payable when invoiced. If any payment is not made when due, Lessee will pay a Late Charge on interest at the overdue amount. Upon Lessee's execution of each Schedule, Lessee will pay Lessor the Advance specified on the Schedule. The Advance will be credited towards the final Rent payment if Lessee is not then in default. No interest will be paid on the AdvanceOverdue Rate.

Appears in 1 contract

Samples: Master Lease Agreement (Romac International Inc)

Rent and Payment. Rent is due and payable in advance on the first day of each Rent Interval at the address specified in Lessor's invoice. Interim Rent is due and payable when invoiced. If any payment is not made when due, Lessee lessee will pay a Late Charge on the overdue amount. Upon Lessee's execution of each Schedule, Lessee will pay Lessor the Advance specified on the Schedule. The Advance will be credited towards the final Rent payment if Lessee lessee is not then in default. No interest will be paid on the Advance.

Appears in 1 contract

Samples: Master Lease Agreement (Blue Martini Software Inc)

Rent and Payment. Rent is due and payable in advance on the first day of each Rent Interval at the address specified in Lessor's invoice. ’s invoice Interim Rent is due and payable when invoiced. If any payment is not made when due, Lessee will pay a Late Charge on the overdue amount. Upon Lessee's ’s execution of each Schedule, Lessee will pay Lessor the Advance specified on the Schedule. The Advance will be credited towards the final Rent payment if Lessee is not then in default. No interest will be paid on the Advance.. Selection; Warranty and

Appears in 1 contract

Samples: Master Lease Agreement (Occam Networks Inc/De)

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