Common use of Additional Rent Payments Clause in Contracts

Additional Rent Payments. In addition to the minimum annual rent under Section 3.1, all other payments that the Lessee makes under this Lease are considered additional rent, regardless of whether the payments are so designated. All additional payments are due and payable upon demand by the Lessor.

Appears in 3 contracts

Sources: Business Lease Agreement, Business Lease Agreement, Business Lease Agreement