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Common use of Rights of Lessor Clause in Contracts

Rights of Lessor. In the event that Lessee fails to obtain any insurance required of it under the terms of this Lease, Lessor may, at its option, but is not obligated to, obtain such insurance on behalf of Lessee and xxxx Xxxxxx, as additional rent, for the cost thereof. Payment shall be due within ten (10) days of receipt of the billing therefor by Xxxxxx.

Appears in 2 contracts

Samples: Net Office Lease (Itex Corp), Lease Agreement (Linuxcare Inc)

Rights of Lessor. In the event that Lessee fails to obtain any insurance required of it under the terms of this Lease, Lessor may, at its option, but is not obligated to, obtain such insurance on behalf of Lessee and xxxx XxxxxxLessee, as additional rent, for the cost thereof. Payment shall be due within wi.thin ten (10) days of receipt of the billing therefor by XxxxxxLessee.

Appears in 1 contract

Samples: Full Service Office Lease (Thinking Tools Inc)

Rights of Lessor. In the event that Lessee fails to obtain any insurance required of it under the terms of this Lease, Lessor may, at its option, but is not obligated to, obtain such insurance on behalf of Lessee and xxxx Xxxxxxbxxx Lessee, as additional rent, for the cost thereof. Payment shall be due within ten (10) days of receipt of the billing therefor by XxxxxxLessee.

Appears in 1 contract

Samples: Sublease (Sangstat Medical Corp)

Rights of Lessor. In the event that Lessee fails to obtain any insurance required of it under the terms of this Lease, Lessor may, at its option, but is not obligated to, obtain such insurance on behalf of Lessee and xxxx Xxxxxxbill Xxxsee, as additional rent, for the cost thereof. Payment shall be due within ten (10) business days of receipt of the billing therefor by XxxxxxLessee.

Appears in 1 contract

Samples: Sublease Agreement (Innova Corporation)

Rights of Lessor. In the event that Lessee fails falls to obtain any insurance required of it under the terms of this Lease, Lessor may, at its option, but is not obligated to, obtain such insurance on behalf of Lessee and xxxx Xxxxxxbxxx Lessee, as additional rent, for the cost thereof. Payment shall be due within ten (10) days of receipt of the billing therefor by XxxxxxLessee.

Appears in 1 contract

Samples: Triple Net Lease (MCB Financial Corp)

Rights of Lessor. In the event that Lessee fails to obtain any insurance required of it under the terms of this Lease, Lessor may, at its option, but is not obligated to, obtain such insurance on behalf of Lessee and xxxx Xxxxxxbill Lessee, as additional rentadditixxxx xxxx, for the cost thereof. Payment shall be due within ten (10) days of receipt of the billing therefor by XxxxxxLessee.

Appears in 1 contract

Samples: Full Service Office Lease (Thermogenesis Corp)

Rights of Lessor. In the event that Lessee fails to obtain any insurance required of it under the terms of this Lease, Lessor may, at its option, but is not obligated to, obtain such insurance on behalf of Lessee and xxxx Xxxxxxbill Xxxsee, as additional rent, for the cost thereof. Payment shall be due within ten (10) days of receipt of the billing therefor by XxxxxxLessee.

Appears in 1 contract

Samples: Business Park Net Lease (Innova Corporation)