Common use of Rent Restrictions Clause in Contracts

Rent Restrictions. In the event the Fixed Rent or any Additional Rent shall become uncollectible 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, Tenant shall enter into such agreement or agreements and take such other action (without additional expense to Tenant) as Landlord may request, as may be legally permissible, to permit Landlord to collect the maximum Fixed Rent and Additional Rent which may, from time to time during the continuance of such legal rent restriction, be legally permissible, but not in excess of the amounts of Fixed Rent or Additional Rent payable under this Lease. Upon the termination of such legal rent restriction, (a) the Fixed Rent and Additional Rent, after such termination, shall become payable under this Lease in the amount of the Fixed Rent and Additional Rent set forth in this Lease for the period following such termination and (b) Tenant shall pay to Landlord, if legally permissible, an amount equal to (i) the Fixed Rent and Additional Rent which would have been paid pursuant to this Lease, but for such rent restriction, less (ii) the Fixed Rent and Additional Rent paid by Tenant to Landlord during the period that such rent restriction was in effect. ESCALATION:

Appears in 1 contract

Samples: Lease Agreement (Harris Interactive Inc)

AutoNDA by SimpleDocs

Rent Restrictions. In the event If the Fixed Rent or any Additional Rent shall be or become uncollectible by virtue of any Federal, State, County law or City law, order or regulation, or by any direction of a public officer or body pursuant to lawgovernmental order, Tenant shall enter into such agreement or agreements and take such other action (without additional expense to Tenant) as Landlord may request, as may be legally permissible, to permit Landlord to collect the maximum Fixed Rent and Additional Rent which may, from time to time during the continuance of such legal rent restriction, be legally permissible, but not in excess of the amounts of Fixed Rent or Additional Rent payable under this Leaselease. Upon the termination of such legal rent restrictionrestriction prior to the Expiration Date, (a) the Fixed Rent and Additional Rent, after such termination, shall become payable under this Lease lease in the amount of the Fixed Rent and Additional Rent set forth in this Lease lease for the period following such termination termination, and (b1)) Tenant shall pay to Landlord, if legally permissible, an amount equal to (i) the Fixed Rent and Additional Rent which would have been paid pursuant to this Leaselease, but for such rent restriction, less (ii) the Fixed Rent and Additional Rent paid by Tenant to Landlord during the period that such rent restriction was in effect. ESCALATIONADDITIONAL CLEANING:

Appears in 1 contract

Samples: Lease Agreement (Wall Street Strategies Corp)

Rent Restrictions. In the event If the Fixed Rent or any Additional Rent shall be or become uncollectible by virtue of any Federal, State, County or City law, governmental order or regulation, or by any direction of a any public officer or body pursuant to lawbody, Tenant shall enter into such agreement or agreements and take such other action (without additional expense to Tenant) as Landlord may request, as may be legally permissible, to permit Landlord to collect the maximum Fixed Rent and Additional Rent which may, from time to time during the continuance of such legal rent restriction, restriction be legally permissible, but not in excess of or the amounts of Fixed Rent or Additional Rent payable under this Lease. Upon the termination of such legal rent restriction, (a) the Fixed Rent and Additional Rent, after such termination, shall become payable under this Lease in the amount of the Fixed Rent and Additional Rent set forth in this Lease for the period following such termination termination, and (b) Tenant shall pay to Landlord, Landlord if legally permissible, an amount equal to (i) the Fixed Rent and Additional Rent which would have been paid pursuant to this Lease, but for such rent restriction, less (ii) the Fixed Rent and Additional Rent paid by Tenant to Landlord during the period that such rent restriction was in effect. ESCALATION:.

Appears in 1 contract

Samples: Sublease (Miningco Com Inc)

Rent Restrictions. In the event If the Fixed Rent or any Additional Rent shall be or become uncollectible uncollectible, reduced or required to be refunded by virtue of any Federal, State, County or City law, governmental order or regulation, regulation or by any direction of a any public officer or body pursuant to lawlaw in the nature of a rent freeze or rent restriction, Tenant Lessee shall enter into such agreement or agreements agreement(s) and take such other action (without additional expense to TenantLessor) as Landlord Lessor may request, reasonably request and as may be legally permissible, to permit Landlord Lessor to collect the maximum Fixed Rent and Additional Rent additional rent which may, may from time to time during the continuance of such legal rent restriction, restriction be legally permissible, but not provided that in excess of no event shall the amounts of amount payable by Lessee as restricted rent exceed the Fixed Rent or Additional Rent and additional rent which would otherwise have been payable under this Leasehereunder in the absence of such rent restriction. Upon the any termination of such legal a rent restrictionrestriction prior to the Expiration Date, (a) the Fixed Rent and Additional Rent, after such termination, additional rent shall become and thereafter be payable under this Lease in the amount of the Fixed Rent and Additional Rent additional rent set forth in this Lease for the period following such termination termination, and (b) Tenant Lessee shall pay to LandlordLessor, if to the maximum extent legally permissible, an amount equal to (i) the Fixed Rent and Additional Rent additional rent which would have been paid payable pursuant to this Lease during the period such rent restriction was in effect with respect to this Lease, but for such legal rent restriction, less (ii) the Fixed Rent and Additional Rent additional rent paid by Tenant to Landlord Lessee during the period that such legal rent restriction was in effect. ESCALATION:.

Appears in 1 contract

Samples: Lease Agreement (Uniroyal Chemical Co Inc)

AutoNDA by SimpleDocs

Rent Restrictions. In the event the Fixed Rent or If any Additional Rent shall be or become uncollectible uncollectable, reduced or required to be refunded by virtue of any Federal, State, County or City law, order or regulation, or by any direction Applicable Law (in the nature of a public officer rent freeze or body pursuant to lawrent restriction), Tenant shall enter into such agreement or agreements agreement(s) and take such other action (without additional expense to Tenant) Tenant charging Landlord), as Landlord may reasonably request, and as may be legally permissible, to permit Landlord to collect the maximum amount of Fixed Rent and Additional Rent which may, may from time to time during the continuance of such legal rent restriction, restriction be legally permissible, but not in excess of the amounts of Fixed Rent or Additional Rent payable under this Lease. Upon the termination of such legal rent restrictionrestriction prior to the Expiration Date, (a) the Fixed Rent and Additional Rent, after such termination, Rent shall become and thereafter be payable under this Lease in the amount of the Fixed Rent and Additional Rent set forth in this Lease for the period following such termination termination, and (b) Tenant shall pay to Landlord, if to the maximum extent legally permissible, an amount equal to (i) the Fixed Rent and Additional Rent which would have been paid payable pursuant to this Lease, but for such legal rent restriction, less (ii) the Fixed Rent and Additional Rent paid by Tenant to Landlord during the period that such legal rent restriction was in effect. ESCALATION:.

Appears in 1 contract

Samples: Lease Agreement (Playtex Products Inc)

Rent Restrictions. In the event If the Fixed Rent or any Additional Rent shall be or become uncollectible uncollectible, reduced or required to be refunded by virtue of any Federal, State, County or City law, governmental order or regulation, regulation or by any direction of a any public officer or body pursuant to lawlaw (in the nature of a rent freeze or rent restriction), Tenant shall enter into such agreement or agreements agreement(s) and take such other action (without additional expense to Tenant) as Landlord may request, request and as may be legally permissible, to permit Landlord to collect the maximum Fixed Rent and Additional Rent which may, may from time to time during the continuance of such legal rent restriction, restriction be legally permissible, but not provided that in excess of no event shall the amounts of amount payable by Tenant as restricted rent exceed the Fixed Rent or and Additional Rent payable under this Leasehereunder. Upon the any termination of such legal a rent restrictionrestriction prior to the Expiration Date, (a) the Fixed Rent and Additional Rent, after such termination, Rent shall become and thereafter be payable under this Lease in the amount of the Fixed Rent and Additional Rent set forth in this Lease for the period following such termination termination, and (b) Tenant shall pay to Landlord, if to the maximum extent legally permissible, an amount equal to (i) the Fixed Rent and Additional Rent which would have been paid payable pursuant to this Lease, but for such legal rent restriction, less (ii) the Fixed Rent and Additional Rent paid by Tenant to Landlord during the period that such legal rent restriction was in effect. ESCALATION:In the event Landlord should at any time request that Tenant enter into any written agreement pursuant to the terms of this Section 4.6, then Landlord shall reimburse Tenant for any reasonable legal fees paid by Tenant to Tenant's outside legal counsel in connection with Tenant's compliance with the terms of this Section 4.6.

Appears in 1 contract

Samples: Lease Agreement (Memberworks Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!