Right to Pay. Landlord shall, at its option, have the right, without notice to Tenant at all times during the Term to pay any such Taxes not timely paid by Tenant, and the amounts so paid, including reasonable expenses, shall be so much Additional Rent due at the next rent day after any such payments with interest at the Default Rate from the date of payment thereof.
Appears in 7 contracts
Samples: Lease Agreement, Industrial Building Lease (Bway Corp), Industrial Building Lease (Bway Corp)
Right to Pay. Landlord shall, at its option, have the right, without notice to Tenant Tenant, at all times during the Term to pay any such Taxes not timely paid by Tenant, and the amounts so paid, including reasonable expenses, shall be so much Additional Rent due at the next rent day after any such payments payments, with interest at the Default Lease Interest Rate from the date of payment thereof.
Appears in 3 contracts
Samples: Industrial Building Lease (Factory Card & Party Outlet Corp), Industrial Building Lease (Specialty Equipment Companies Inc), Industrial Building Lease (Eagle Test Systems, Inc.)
Right to Pay. Landlord shall, at its option, have the right, without notice to Tenant Tenant, at all times during the Term to pay any such Taxes not timely paid by Tenant, and the amounts so paid, including reasonable expenses, shall be so much Additional Rent due at the next rent day after any such payments with interest at the Default Rate from the date of payment thereof.
Appears in 3 contracts
Samples: Industrial Building Lease (Phoenix Container, Inc.), Industrial Building Lease (Phoenix Container, Inc.), Industrial Building Lease (Bway Corp)
Right to Pay. Landlord shall, at its option, have the right, without notice to Tenant Tenant, at all times during the Term to pay any such Taxes not timely paid by Tenant, and, subject to any applicable notice and grace period, the amounts so paid, including reasonable expenses, shall be so much Additional Rent due at the next rent day after any such payments payments, with interest at the Default Lease Interest Rate from the date of payment thereof.
Appears in 1 contract
Samples: Industrial Building Lease (Nanophase Technologies Corporation)
Right to Pay. Landlord shall, at its option, have the rightfight, without notice to Tenant Tenant, at all times during the Term to pay any such Taxes not timely paid by Tenant, and the amounts so paid, including reasonable expenses, shall be so much Additional Rent due at the next rent day after any such payments payments, with interest at the Default Lease Interest Rate from the date of payment thereof.
Appears in 1 contract
Samples: Industrial Building Lease (Factory Card Outlet Corp)
Right to Pay. Landlord shall, at its option, have the right, without notice to Tenant Tenant, at all times during the Term to pay any such Taxes not timely paid by Tenant, and the amounts so paid, including reasonable expenses, shall be so much Additional Rent due at the next rent day after any such payments with interest at the Default Rate from the date of payment thereof.,
Appears in 1 contract
