Common use of Payment on Account Clause in Contracts

Payment on Account. No payment by Tenant or receipt by Landlord of a lesser amount than the Rent actually due hereunder shall be deemed to be other than a payment on account. No restrictive endorsement or statement on any check or any letter accompanying any check or payment shall be deemed to effect an accord and satisfaction or have any effect whatsoever. Landlord may accept such check or payment without prejudice to Landlord’s right to recover the balance or pursue any other remedy in this Lease or at law or in equity provided.

Appears in 6 contracts

Samples: Lease Agreement (Faraday Future Intelligent Electric Inc.), Lease Agreement (UWM Holdings Corp), Lease Agreement

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Payment on Account. No payment by Tenant or receipt by Landlord of a lesser amount than the Rent actually any amount of rent or additional rent due hereunder shall be deemed to be other than a payment on account. No restrictive account of the amount due and no endorsement or statement on any check or any letter accompanying any check or payment shall be deemed to effect an accord and satisfaction or have any effect whatsoeversatisfaction. Landlord may accept such check or payment without prejudice to Landlord’s right to recover the balance of such amount due or pursue any other remedy in this Lease or at law or in equity providedremedies available to Landlord.

Appears in 1 contract

Samples: Agreement of Lease (Borderfree, Inc.)

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Payment on Account. No payment by Tenant or receipt by Landlord of a lesser amount than the Rent actually due hereunder shall be deemed to be other than a payment on account. No restrictive endorsement or statement on any check or any letter accompanying any check or payment (for example, a statement that such check or payment represents “payment in full”) shall be deemed to effect an accord and satisfaction or have any effect whatsoever. Landlord may accept such check or payment without prejudice to Landlord’s right to recover the balance or pursue any other remedy in this Lease or available at law or in equity providedor pursuant to this Lease.

Appears in 1 contract

Samples: Lease Agreement (Inogen Inc)

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