Common use of Additional Rents Clause in Contracts

Additional Rents. In addition to fixed minimum rent, Common Area Costs, insurance and taxes, Tenant agrees that all other sums of money or charges required to be paid by Tenant under the provisions of this Lease, shall be deemed to be and shall become “additional rent,” whether or not the same be designated as such, and shall be included in the term “rent” wherever used in this Lease. If Tenant does not pay such amounts at the time(s) provided in this Lease, they shall nevertheless be collectible from Tenant as additional rent with the next installment of rent thereafter falling due hereunder, but nothing herein contained shall be deemed to suspend or delay the payment of any sum at the time it becomes due and payable, or limit any other remedy of the Landlord.

Appears in 1 contract

Sources: Ground Lease (Alien Technology Corp)

Additional Rents. In addition to fixed minimum rentminimum, Common Area Costspercentage, common area, insurance and taxestax rent, Tenant agrees that all other sums of money or charges required to be paid by Tenant under the provisions of this Lease, shall be deemed to be and shall become additional rent,” , whether or not the same be designated as such, and shall be included in the term "rent" wherever used in this Lease. If Tenant does not pay such amounts are not paid by Tenant at the time(s) time provided in this Lease, they shall nevertheless be collectible from Tenant as additional rent with the next installment of rent thereafter falling due hereunder, but nothing herein contained shall be deemed to suspend or delay the payment of any sum at the time it becomes due and payablepayable hereunder, or limit any other remedy of the Landlord.

Appears in 1 contract

Sources: Ground Lease (Founders Food & Firkins LTD /Mn)