Common use of CHRONIC LATE PAYMENT Clause in Contracts

CHRONIC LATE PAYMENT. Rent is due on the first of each month, and not withstanding any other provision in this Lease, the Lessor may terminate this Lease if Lessee is/are chronically late with rent payments. Chronic late payment is defined as paying rent after the due date on three or more occasions during this Lease or any 12 month period.

CHRONIC LATE PAYMENT. Rent is due on the first day of each month, and not withstanding notwithstanding any other provision in this Lease, the Lessor LESSOR may terminate this Lease if Lessee is/are LESSEE is chronically late with rent payments. Chronic late payment is defined as paying rent after the due date on three or more occasions during this Lease or any 12 month periodLease.