Right to Collect Rent. If this Lease is assigned, Landlord may collect Rent directly from Transferee. If all or part of the Premises is subleased and Tenant defaults, Landlord may collect Rent directly from Transferee. Landlord may then apply the amount collected from Transferee to Tenant's monetary obligations under this Lease. Collecting Rent from a Transferee or applying that Rent to Tenant's monetary obligations does not waive any provisions of this Article 16.
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Samples: Office Lease (National Insurance Group /Ca/), Office Lease (National Information Group)
Right to Collect Rent. If this Lease is assigned, Landlord may collect Rent directly from Transferee. If all or part of the Premises is subleased and Tenant defaults, Landlord may collect Rent directly from Transferee. Landlord may then apply the amount collected from Transferee to Tenant's monetary obligations under this Lease. Collecting Rent from a Transferee or applying that Rent to Tenant's monetary obligations does not waive any provisions of this Article 1617. Collection of Rent pursuant to this Article 17 shall not be deemed a recognition by Landlord of the Transfer or Transferee's tenancy.
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Samples: Lease (Spectranetics Corp)
Right to Collect Rent. If this Lease is assigned, Landlord may collect Rent directly from Transferee. If all or part of the Premises is subleased and Tenant defaults, Landlord may collect Rent directly from Transferee. Landlord may then apply the amount collected from Transferee to Tenant's ’s monetary obligations under this Lease. Collecting Rent from a Transferee or applying that Rent to Tenant's ’s monetary obligations does not waive any provisions of this Article 16.
Appears in 1 contract
Samples: Office Lease (Inpixon)
Right to Collect Rent. If this Lease is assigned, Landlord may collect Rent directly from Transferee. If all or part of the Premises is subleased and Tenant defaults, Landlord may collect Rent directly from Transferee. Landlord may then apply the amount collected from Transferee to Tenant's monetary obligations under this Lease. Collecting Rent from a Transferee or applying that Rent to Tenant's monetary obligations does not waive any provisions of this Article 1617.
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Right to Collect Rent. If this Lease is assigned, Landlord may collect Rent and Landlord's portion of any transfer premium directly from Transferee. If all or part of the Premises is subleased and Tenant defaults, Landlord may collect Rent directly from Transferee. Landlord may then apply the amount collected from Transferee to Tenant's monetary obligations under this Lease. Collecting Rent from a Transferee or applying that Rent to Tenant's monetary obligations does not waive any provisions of this Article 1618.
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Samples: Agreement (Starent Networks, Corp.)
Right to Collect Rent. If this Lease is assigned, Landlord may collect Rent directly from Transferee. If all or part of the Premises is subleased and Tenant defaults, Landlord may collect Rent directly from Transferee. Landlord may then apply the amount collected from Transferee to Tenant's ’s monetary obligations under this Lease. Collecting Rent from a Transferee or applying that Rent to Tenant's ’s monetary obligations does not waive any provisions other provision of this Article 16Lease.
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