Common use of RENT CONTROL Clause in Contracts

RENT CONTROL. In the event the fixed annual rent or additional rent or any part thereof provided to be paid by Tenant under the provisions of this lease during the demised term shall become uncollectible or shall be reduced or required to be reduced or refunded by virtue of any Federal, State, County or City law, order or regulation, or by any direction of a public officer or body pursuant to law, or the orders, rules, code or regulations of any organization or entity formed pursuant to law, whether such organization or entity be public or private, then Landlord, at its option, may at any time thereafter terminate this lease, by not less than thirty (30) days' written notice to Tenant, on a date set forth in said notice, in which event this lease and the term hereof shall terminate and come to an end on the date fixed in said notice as if the said date were the date originally fixed herein for the termination of the demised term. Landlord shall not have the right so to terminate this lease if Tenant within such period of thirty (30) days shall in writing lawfully agree that the rentals herein reserved are a reasonable rental and agree to continue to pay said rentals, and if such agreement by Tenant shall then the legally enforceable by Landlord.

Appears in 1 contract

Samples: Lease Agreement (Alloy Online Inc)

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RENT CONTROL. 33.01 In the event the fixed annual rent Fixed Annual Rent or additional rent Additional Rent or any part thereof provided to be paid by Tenant under the provisions of this lease Lease during the demised term Term shall become uncollectible or shall be reduced or required to be reduced or refunded by virtue of any Federal, . State, County or City law, order or regulation, or by any direction of a public officer or body pursuant to law, or the orders, rules, code or regulations of any organization or entity formed pursuant to law, whether such organization or entity be public or private, then Landlord, at its option, may at any time thereafter terminate this leaseLease, by not less than thirty (30) days' written notice to Tenant, on a date set forth in said notice, in which event this lease Lease and the term hereof shall terminate and come to an end on the date fixed in said notice as if the said date were the date originally fixed herein for the termination of the demised term. Landlord shall not have the right to so to terminate this lease Lease if Tenant within such period of thirty (30) days shall in writing lawfully agree that the rentals herein reserved are a reasonable rental and agree to continue to pay said rentals, and if such agreement by Tenant shall then the be legally enforceable by Landlord.

Appears in 1 contract

Samples: Lease Agreement (Fermavir Pharmaceuticals, Inc.)

RENT CONTROL. 33.01 In the event the fixed annual rent Fixed Annual Rent or additional rent Additional Rent or any part thereof provided to be paid by Tenant under the provisions of this lease Lease during the demised term Term shall become uncollectible or shall be reduced or required to be reduced or refunded by virtue of any Federal, State, County or City law, order or regulation, or by any direction of a public officer or body pursuant to law, or the orders, rules, code or regulations of any organization or entity formed pursuant to law, whether such organization or entity be public or private, then Landlord, at its option, may at any time within 90 days thereafter terminate this leaseLease, by not less than thirty (30) 90 days' written notice to Tenant, on a date set forth in said notice, in which event this lease Lease and the term hereof shall terminate and come to an end on the date fixed in said notice as if the said date were the date originally fixed herein for the termination of the demised term. Landlord shall not have the right to so to terminate this lease Lease if Tenant within such period of thirty (30) days shall in writing lawfully agree that the rentals herein reserved are a reasonable rental and agree to continue to pay said rentalsrentals as provided herein, and if such agreement by Tenant shall then the be legally enforceable by Landlord.

Appears in 1 contract

Samples: Lease Agreement (Centerline Holding Co)

RENT CONTROL. In the event the fixed annual rent or additional rent or any part thereof provided to be paid by Tenant under the provisions of this lease Lease during the demised term shall become uncollectible or shall be reduced or required to be reduced or refunded by virtue of any Federal, State, State or County or City law, order or regulation, or by any direction of a public officer or body pursuant to law, or the orders, rules, rules code or regulations of any organization or entity formed pursuant to law, whether such organization or entity be public or private, then Landlord, at its option, may at any time thereafter terminate this leaseLease, by not less than thirty (30) days' written notice to Tenant, on a date set forth in said notice, in which event this lease Lease and the term hereof shall terminate and come to an end on the date fixed in said notice as if the said date were the date originally fixed herein for the termination of the demised term. Landlord shall not have the right so to terminate this lease Lease if Tenant within such period of thirty (30) days shall in writing lawfully agree that the rentals herein reserved are a reasonable rental and agree to continue to pay said rentals, and if such agreement by Tenant shall then the be legally enforceable by Landlord.

Appears in 1 contract

Samples: Lease Agreement (Fusion Telecommunications International Inc)

RENT CONTROL. In the event the fixed annual rent Fixed Rental or additional rent Additional Rental or any part thereof provided to be paid by Tenant under the provisions of this lease Lease during the demised term shall become uncollectible or shall be reduced or required to be reduced or refunded by virtue of any Federalfederal, Statestate, County county or City city law, order or regulation, or by any direction of a public officer or body pursuant to law, or the orders, rules, code or regulations of any organization or entity formed pursuant to law, whether such organization or entity be public or private, then Landlord, at its option, may at any time thereafter terminate this lease, Lease by not less than thirty (30) days' written notice to Tenant, on a date set forth in said notice, in which event this lease Lease and the term hereof shall terminate and come to an end on the date fixed in said notice as if the said date were the date originally fixed herein for the termination of the demised termExpiration Date. Landlord shall not have the right to so to terminate this lease Lease if Tenant Tenant, within such period of thirty (30) days shall days, shall, in writing writing, lawfully agree that the rentals herein reserved are a reasonable rental and agree agrees to continue to pay said rentals, and if such agreement by Tenant shall then the be legally enforceable by Landlord.

Appears in 1 contract

Samples: Office Lease (Olo Inc.)

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RENT CONTROL. In the event the fixed annual rent or additional rent or any part thereof provided to be paid by Tenant under the provisions of this lease Lease during the demised term shall become uncollectible uncollectable or shall be reduced or required to be reduced or refunded by virtue of any Federal, State, County or City law, order or regulation, or by any direction of a public officer or body pursuant to law, or the orders, rules, code codes or regulations of any organization or entity formed pursuant to law, whether such organization or entity be public or private, then Landlord, at its option, may at any time anytime thereafter terminate this leaseLease, by not less than thirty (30) days' written notice to Tenant, on a date set forth in said notice, in which event this lease Lease and the term hereof shall terminate and come to an end on the date fixed in said notice as if the said date were the date originally fixed herein for the termination of the demised term. Landlord shall not have the right to so to terminate this lease Lease if Tenant within such period of thirty (30) days shall in writing lawfully agree that the rentals herein reserved are a reasonable rental and agree to continue to pay said rentals, and if such agreement by Tenant shall then the be legally enforceable by Landlord.

Appears in 1 contract

Samples: Lease Agreement (Shutterstock, Inc.)

RENT CONTROL. 33 .01 In the event the fixed annual rent Fixed Annual Rent or additional rent Additional Rent or any part thereof provided to be paid by Tenant under the provisions of this lease Lease during the demised term Term shall become uncollectible or shall be reduced or required to be reduced or refunded orrefunded by virtue of any Federalofany federal, Statestate, County county or City city law, order or regulation, or by any direction of a public officer or body pursuant to law, or the orders, rules, code or regulations of any organization or entity formed pursuant to law, whether such organization or entity be public or private, then Landlord, at its option, may at any time thereafter terminate this leaseLease, by not less than thirty (30) days' written notice to Tenant, on a date set forth in said notice, in which event this lease Lease and the term Term hereof shall terminate and come to an end on the date fixed in said notice as if the said date were the date originally fixed herein for the termination of the demised termExpiration Date. Landlord shall not have the right so to terminate this lease Lease if Tenant within such period of thirty (30) days shall in writing lawfully agree that the rentals Rent herein reserved are a reasonable rental and agree to continue to pay said rentalsRent, and if such agreement by Tenant shall then the be legally enforceable by Landlord.

Appears in 1 contract

Samples: Lease Agreement

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