Common use of Waiver by Lessor Clause in Contracts

Waiver by Lessor. The failure of LESSOR to seek redress for violation, or insist upon the strict performance of any covenant or condition of this Lease, or any of the rules and regulations promulgated by the LESSOR shall not prevent a subsequent act, which would have originally constituted a violation, from having all the force and effect of an original violation. The receipt by LESSOR of rent with knowledge of the breach of any covenant of this Lease shall not be deemed a waiver of such breach. The failure of LESSOR to enforce any of his rules and regulations against LESSEE and/or any other tenant in the Building shall not be deemed a waiver of any such rules and regulations. No provisions of this Lease shall be deemed to have been waived by LESSOR unless such waiver be in writing signed by LESSOR. No payment by LESSEE or receipt by LESSOR of a lesser amount than the monthly rent herein stipulated shall be deemed to be other than on account of the stipulated rent, nor shall any endorsement or statement on any check or any letter accompanying any check or payment as rent be deemed an accord and satisfaction, and LESSOR may accept such check or payment without prejudice to LESSOR'S right to recover the balance of such rent or pursue any other remedy in this provided.

Appears in 3 contracts

Sources: Lease Agreement (Eco Form International Inc), Lease Agreement (MKS Instruments Inc), Lease Agreement (MKS Instruments Inc)