Common use of Payment to Assignee Clause in Contracts

Payment to Assignee. A demand by Assignee on any tenant or user of the Property while the Lease remains in effect shall be sufficient warrant to that tenant or user to make future payments to Assignee without the necessity for any further consent whatsoever by Assignor. Assignor hereby agrees to assert no claim whatsoever against any tenant or occupant relating to the making of payments to Assignee pursuant to this Assignment.

Appears in 2 contracts

Sources: Collateral Assignment of Store Leases (Ivc Industries Inc), Collateral Assignment of Store Leases (Ivc Industries Inc)