Common use of Unpaid Accrued Rent Clause in Contracts

Unpaid Accrued Rent. Tenant shall have the right to prepay all or any portion of the Unpaid Accrued Rent at any time, provided, however, that any such -------- ------- prepayment shall be applied first to any past due amounts owing under this Lease (including, without limitation, any amounts due and owing as the result of an Event of Default) and the balance to Unpaid Accrued Rent in the reverse order of accrual (i.e. payments shall be applied first to the most recently accrued Unpaid Accrued Rent).

Appears in 4 contracts

Samples: Master Lease Agreement (Kindred Healthcare Inc), Master Lease Agreement (Kindred Healthcare Inc), Master Lease Agreement (Kindred Healthcare Inc)

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