Common use of Special Adjustments to Base Rent Payment Dates and Periods Clause in Contracts

Special Adjustments to Base Rent Payment Dates and Periods. Notwithstanding the foregoing: a) Any Base Rent Period that begins before, and does not otherwise end before, a Failed Collateral Test Date shall end upon but not include such Failed Collateral Test Date, and such Failed Collateral Test Date shall constitute a Base Rent Date, upon which NAI must pay all accrued, unpaid Base Rent for the Base Rent Period just ended.

Appears in 2 contracts

Sources: Lease Agreement (Network Appliance Inc), Lease Agreement (Network Appliance Inc)