Deposit and Rent Sample Clauses

Deposit and Rent. 1. Applicant agrees to pay Township rent for each day said premises are used during the rental period in accordance with the following fee schedule: 2. The parties agree that the rent provided in the above fee schedule includes the use of any associated fixtures, furniture, appliances, and equipment. 3. The rent shall be paid in full to the Franklin Township Fiscal Officer at least 24 hours prior to taking possession of the property. If the rental period is scheduled over 7 days in advance, the rent shall be received in full by the fiscal officer at least 7 days prior to the rental period. 4. Should the rent not be paid in full by the deadlines established in above, the Township has the right to terminate this contract and rent the room to another applicant. Applicant shall not use the room prior to the rent being paid in full or fully secured.
Sample 1Sample 2
AutoNDA by SimpleDocs
Deposit and Rent. Once the final balance has been received (30 days before arrival), landlord will call ahead to Ocean Lakes to grant permission that enables entrance to this gated community. Key lockbox instructions will be given in an email or text before you arrive as well as name and password to the wireless connection for the house.
Sample 1
Deposit and Rent. 1. Applicant agrees to pay Township rent for each day said premises are used during the rental period in accordance with the following fee schedule: The security deposit shall be paid separate from the rental fee. The security deposit shall be returned to the Applicant by U.S. Mail upon satisfactory inspection by the Township Trustees pursuant to the terms contained herein. 2. The parties agree that the rent provided in the above fee schedule includes the use of any associated fixtures, furniture, appliances, and equipment. 3. The rental shall be paid in full to the Xxx Township Fiscal Officer at least 24 hours prior to taking possession of the property. If the rental period is scheduled over 7 days in advance, the rent shall be received in full by the fiscal officer at least 7 days prior to the rental period. 4. Should the rent not be paid in full by the deadlines established above, the Township has the right to terminate this contract and rent the room to another applicant. Applicant shall not use the room prior to the rent being paid in full.
Sample 1
Deposit and Rent. 3.1 Within ten working days after the effective date of this Agreement, Party B will pay Party A Two Hundred Thousand Renminbi Yuan (RMB200,000.00) deposit. The Two Hundred Thousand Renminbi Yuan (RMB200,000.00 ) deposit shall be applied against the first six month's rent for the Premises. 3.2 During the Term, the annual rent for the Premises shall be Eight Hundred and Fifty Thousand Renminbi Yuan (RMB850,000.00). Rental payments will be made once every six (6) months in two equal installments. Party B will make payments equivalent to 50% of the rental payment to an account designated by Party A before January 10 and July 10 per year respectively. 3.3 The rent specified in this article covers all security services, parking, heating, waste discharge, trash disposal, exterior cleaning of the Premises and line/pipe equipment maintenance, and any fees that may occur linked to increases in the supply of water, electricity and waste discharge. Notwithstanding the foregoing, Party B agrees that it will be responsible for arranging for the disposal of medical waste, including any medical water waste which is required to be disposed of separately under Chinese regulations. When the availability of electricity and water to the Premises is limited through the use of quotas assigned by the relevant local government departments. Party A agrees to use its best efforts to see that such quotas are increased if necessary to ensure that there is adequate electricity and water for use by Party B. 3.4 The rent specified in this article also includes the amount of annual usage of electricity by Party B. The annual quota of electricity to Party B is ten thousand KWH. The annual quota of water to Party B is the same as the "Amendment Number Three To The Lease Agreement" made by two Parties on November 26, 1996. Party B shall install independent water and electricity meters to measure the amount of annual usage of water and electricity by the Premises. If the annual usage of water and electricity by Party B exceeds the agreed quotas, Party B shall pay for amounts in real excess of these quotas. However, the rate at which Party B pays for water and electricity shall be the same rate which Party A pays for water and electricity. If the price for water and electricity rises due to a government adjustment, the two Parties will consult separately the adjustment of the quotas of water and electricity.
Sample 1
Deposit and Rent. The Tenant has paid a security deposit of $ . Initial rent (prorated for a partial month) will be $ . After that, rent of $ _ per month will be payable in advance on the first day of each month. The tenant shall pay the amount of the monthly tenant rent determined by the Landlord in accordance with HUD regulations and other requirements. The amount of the tenant rent is subject to change in accordance with HUD requirements. During the term of this Lease, the Tenant shall receive written notice from the Landlord of any change in the amount of rent and the effective date of the change. This is the flat rent for the Premises. This rent is based on the income and other information reported by the Tenant Family. Rent and other charges are due and payable on the first of the month and may be paid by automatic bank draft or by use of electronic Walk In Payment System (WIPS card). Tenants will be charged a $25.00 fee for any item returned or automatic bank draft declined due to for insufficient funds. After the first i t e m is returned for non-sufficient funds, the Landlord may require WIPS payments for all future payments. Tenants will also be charged a $25.00 late fee for insufficient funds from the automatic bank draft. The total amount for rent and other charges as billed is due and payable on the first day of each month. Partial payments may be rejected. Any charge may be disputed by Tenant, provided that the amount disputed is paid by the resident when due and placed in an escrow account by the Landlord pending the outcome of a hearing in compliance with the Landlord’s Grievance Procedure. Late payment of rent or other charges more than four times within a twelve month period shall constitute a material breach of this Lease, and is good cause for Landlord to terminate this Lease and recover possession of the premises from the Tenant, as provided herein. Any amount designated in a payment agreement between Tenant and Landlord for retroactive rental amounts due to Tenant’s failure to report required information must be paid in conjunction with the monthly rent. Failure to fulfill any payment agreement as executed is a serious violation of this Lease and will result in Lease termination.
Sample 1
Deposit and Rent. A refundable deposit of $100.00 is required as additional security deposit for any pet. This amount will be added to any existing security deposit and will secure all of resident’s obligations under the rental contract and this pet agreement. An additional amount of $10.00 a month will be charged for a first pet, and an additional amount of $20.00 a month will be charged for a second pet.
Sample 1
Deposit and Rent. 1. The deposit for the lease shall be KRW 260,000,000, which shall be paid within ten (10) days from the execution of the Agreement in cash. 2. Monthly rent shall be KRW 26,000,000, which shall be paid no later than 10th day of each month (if any such 10th day falls under any of the public holidays then the next following business day) in cash. 3. Lessee may not substitute the deposit for the payment of any monthly rent and may not assign his right of demanding the return of the deposit nor establish pledge over or offer the deposit as security. 4. If Lessee fails to pay any and all demanded amount such as the deposit, monthly rent, and management expenses by the respective due dates, Lessor may apply an interest rate of 19% per annum for every one (1) day delayed as delayed payment charge to the amount delayed and may deduct such amount from the deposit and appropriate it to the recovery of claim right.
Sample 1
AutoNDA by SimpleDocs
Deposit and Rent 
Sample 1Sample 2

Related to Deposit and Rent

  • Security Deposits The Owner hereby grants the Agent power to collect security deposits from the tenants on the Property. Returning said security deposit shall be the responsibility of the: (check one)

  • Rent and Security Deposit i. Tenant agrees to pay to Landlord for the Leased Premises in lawful money of the United States rent for the first twelve (12) months of the term hereof at the rate of Fifteen Dollars ($15.00) per square foot of occupied space, in advance, except that the monthly installment which otherwise shall be due on the commencement date recited above, shall be due and payable on the date hereof. Thereafter one such monthly installment shall be due and payable without demand on or before the first day of each calendar month succeeding the commencement date; further provided, that the rental payment for any fractional calendar month at the commencement or end of the Lease term shall be prorated. The rate charged for rent shall increase by $0.50 (Fifty Cents) per year for each such succeeding twelve (12) month period. ii. In addition, Tenant agrees to deposit with Landlord on the date hereof the sum of One Thousand Dollars ($1,000.00), which sum shall be held by Landlord, without obligation for interest, as security for the full, timely and faithful performance of Tenant's covenants and obligations under this Lease, it being expressly understood and agreed that such deposit is not an advance rental deposit or a measure of Landlord's damages in case of Tenant's default. Upon the occurrence of any event of default by Tenant, Landlord may, from time to time, without prejudice to any other remedy provided herein or provided by law, use such funds to the extent necessary to make good any arrears of rent or other payments due to Landlord hereunder, and any other damage, injury, expense or liability caused by any event of Tenant's default; and Tenant shall pay to Landlord on demand the amount so applied in order to restore the security deposit to its original amount. Although the security deposit shall be deemed the property of Landlord, any remaining balance of such deposit shall be returned by Landlord to Tenant at such time after termination of this Lease when Landlord shall have determined that all Tenant's obligations under this Lease have been fulfilled. Subject to the other terms and conditions contained in this Lease, if the Building is conveyed by Landlord, said deposit may be turned over to Landlord's grantee, and if so, Tenant hereby releases Landlord from any and all liability with respect to said deposit and its application or return.

  • Security Deposit Tenant has deposited or concurrently herewith is depositing with Landlord the sum set forth in Article 1.F. of the Basic Lease Provisions as security for the full and faithful performance of every provision of this Lease to be performed by Tenant. If Tenant breaches any provision of this Lease, including but not limited to the payment of rent, Landlord may use all or any part of this security deposit for the payment of any rent or any other sums in default, or to compensate Landlord for any other loss or damage which Landlord may suffer by reason of Tenant's default. If any portion of said deposit is so used or applied, Tenant shall, within five (5) days after written demand therefor, deposit funds with Landlord in a form acceptable under Section 3(b) above and in an amount sufficient to restore the security deposit to its full amount. Tenant agrees that Landlord shall not be required to keep the security deposit in trust, segregate it or keep it separate from Landlord's general funds, but Landlord may commingle the security deposit with its general funds and Tenant shall not be entitled to interest on such deposit. At the expiration of the Term, and provided there exists no default by Tenant hereunder, the security deposit or any balance thereof shall be returned to Tenant (or, at Landlord's option, to Tenant's "Transferee", as such term is defined in Article 15 below), provided that subsequent to the expiration of this Lease, Landlord may retain from said security deposit (i) an amount reasonably estimated by Landlord to cover potential Direct Cost reconciliation payments due with respect to the calendar year in which this Lease terminates or expires (such amount so retained shall not, in any event, exceed ten percent (10%) of estimated Direct Cost payments due from Tenant for such calendar year through the date of expiration or earlier termination of this Lease and any amounts so retained and not applied to such reconciliation shall be returned to Tenant within thirty (30) days after Landlord's delivery of the Statement for such calendar year), (ii) any and all amounts reasonably estimated by Landlord to cover the anticipated costs to be incurred by Landlord to remove any signage provided to Tenant under this Lease, to remove cabling and other items required to be removed by Tenant under Section 29(b) below and to repair any damage caused by such removal (in which case any excess amount so retained by Landlord shall be returned to Tenant within thirty (30) days after such removal and repair), and (iii) any and all amounts permitted by law or this Article 4. Tenant hereby waives the provisions of Section 1950.7 of the California Civil Code and all other provisions of law, now or hereafter in effect, which provide that Landlord may claim from a security deposit only those sums reasonably necessary to remedy defaults in the payment of rent, to repair damage caused by Tenant or to clean the Premises, it being agreed that Landlord may, in addition, claim those sums specified in this Article 4 above, and all of Landlord's damages under this Lease and California law including, but not limited to, any damages accruing upon termination of this Lease under Section 1951.2 of the California Civil Code and/or those sums reasonably necessary to compensate Landlord for any other loss or damage, foreseeable or unforeseeable, caused by the acts or omissions of Tenant or any officer, employee, agent, contractor or invitee of Tenant.

  • Security Deposit Account If applicable law or a Lender requires a segregated account of Tenant security deposits, Property Manager will open a separate account at a reputable bank or other financial institution. Property Manager may return such deposits to any Tenant in the ordinary course of business in accordance with the terms of the applicable Lease.

  • Assignment of Leases and Rents There exists as part of the related Mortgage File an Assignment of Leases (either as a separate instrument or incorporated into the related Mortgage). Subject to the Permitted Encumbrances and the Title Exceptions, each related Assignment of Leases creates a valid first-priority collateral assignment of, or a valid first-priority lien or security interest in, rents and certain rights under the related lease or leases, subject only to a license granted to the related Mortgagor to exercise certain rights and to perform certain obligations of the lessor under such lease or leases, including the right to operate the related leased property, except as the enforcement thereof may be limited by the Standard Qualifications. The related Mortgage or related Assignment of Leases, subject to applicable law, provides that, upon an event of default under the Mortgage Loan, a receiver is permitted to be appointed for the collection of rents or for the related Mortgagee to enter into possession to collect the rents or for rents to be paid directly to the Mortgagee.

  • Leases and Rents (a) Borrower may enter into a proposed Lease (including the renewal or extension of an existing Lease (a "Renewal Lease")) without the prior written consent of Lender, provided such proposed Lease or Renewal Lease (i) provides for rental rates and terms comparable to existing local market rates and terms (taking into account the type and quality of the tenant) as of the date such Lease is executed by Borrower (unless, in the case of a Renewal Lease, the rent payable during such renewal, or a formula or other method to compute such rent, is provided for in the original Lease), (ii) is an arms-length transaction with a bona fide, independent third party tenant, (iii) does not have a materially adverse effect on the value of the Property taken as a whole, (iv) is subject and subordinate to the Security Instrument and the lessee thereunder agrees to attorn to Lender, and (v) is written on the standard form of lease approved by Lender. All proposed Leases which do not satisfy the requirements set forth in this Subsection 3.8(a) shall be subject to the prior approval of Lender and its counsel, at Borrower's expense. Borrower shall promptly deliver to Lender copies of all Leases which are entered into pursuant to this Subsection together with Borrower's certification that it has satisfied all of the conditions of this Subsection. (b) Borrower (i) shall observe and perform all the obligations imposed upon the lessor under the Leases and shall not do or permit to be done anything to impair the value of any of the Leases as security for the Debt; (ii) upon request, shall promptly send copies to Lender of all notices of default which Borrower shall send or receive thereunder; (iii) shall enforce all of the material terms, covenants and conditions contained in the Leases upon the part of the tenant thereunder to be observed or performed, (iv) shall not collect any of the Rents more than one (1) month in advance (except security deposits shall not be deemed Rents collected in advance); (v) shall not execute any other assignment of the lessor's interest in any of the Leases or the Rents; and (vi) shall not consent to any assignment of or subletting under any Leases not in accordance with their terms, without the prior written consent of Lender. (c) Borrower may, without the consent of Lender, amend, modify or waive the provisions of any Lease or terminate, reduce rents under, accept a surrender of space under, or shorten the term of, any Lease (including any guaranty, letter of credit or other credit support with respect thereto) provided that such action (taking into account, in the case of a termination, reduction in rent, surrender of space or shortening of term, the planned alternative use of the affected space) does not have a materially adverse effect on the value of the Property taken as a whole, and provided that such Lease, as amended, modified or waived, is otherwise in compliance with the requirements of this Security Instrument and any subordinate agreement binding upon Lender with respect to such Lease. A termination of a Lease with a tenant who is in default beyond applicable notice and grace periods shall not be considered an action which has a materially adverse effect on the value of the Property taken as a whole. Any amendment, modification, waiver, termination, rent reduction, space surrender or term shortening which does not satisfy the requirements set forth in this Subsection shall be subject to the prior approval of Lender and its counsel, which approval shall not be unreasonably withheld or delayed, at Borrower's expense. Borrower shall promptly deliver to Lender copies of amendments, modifications and waivers which are entered into pursuant to this Subsection together with Borrower's certification that it has satisfied all of the conditions of this Subsection. (d) Notwithstanding anything contained herein to the contrary, Borrower shall not, without the prior written consent of Lender, enter into, renew, extend, amend, modify, waive any provisions of, terminate, reduce rents under, accept a surrender of space under, or shorten the term of, any Major Lease. The term "Major Lease" shall mean any Lease between Borrower as landlord and a third party as tenant demising in the aggregate more than the lesser of (i) 15,000 rentable square feet or (ii) fifteen percent (15%) of the total rentable square feet at the Property.

  • RENT AND CHARGES To pay the Rent at the times and in the manner specified in The Particulars whether or not it has been formally demanded.

  • Term and Rent Lessor demises the above premises for a term of twenty years, commencing January 1, 1993, and terminating o December 31, 2012, or sooner as provided herein at the annual rent of Twenty Four Thousand Dollars ($24,000.00), payable in equal installments in advance on the first day of each month for that month's rental, during the term of this lease. All rental payments shall be made to Lessor, at the address specified above.

  • SUBORDINATION OF LEASE This Lease and Lessee’s interest hereunder shall at all times be subject and subordinate to the lien and security title of any deeds to secure debt, deeds of trust, mortgages, or other Encumbrances heretofore or hereafter granted by Lessor or which otherwise encumber or affect the Leased Property and to any and all advances to be made thereunder and to all renewals, modifications, consolidations, replacements, substitutions, and extensions thereof (all of which are herein called the “Mortgage”); provided, however, that with respect to any Mortgage hereafter granted, such subordination is conditioned upon delivery to Lessee of a non-disturbance agreement which provides that Lessee shall not be disturbed in its possession of the Leased Property hereunder following a foreclosure of such Mortgage (or delivery of a deed-in-lieu-of-foreclosure) and that the holder of such Mortgage or the purchaser at a foreclosure sale (or grantee under such deed-in-lieu-of-foreclosure) shall perform all obligations of Lessor under this Lease. In confirmation of such subordination, however, Lessee shall, at Lessor’s request, promptly execute, acknowledge and deliver any instrument which may be required to evidence subordination to any Mortgage and to the holder thereof. In the event of Lessee’s failure to deliver such subordination and if the Mortgage does not change any term of the Lease, Lessor may, in addition to any other remedies for breach of covenant hereunder, execute, acknowledge, and deliver the instrument as the agent or attorney-in-fact of Lessee, and Lessee hereby irrevocably constitutes Lessor its attorney-in-fact for such purpose, Lessee acknowledging that the appointment is coupled with an interest and is irrevocable.

  • Rents All fixed and additional rentals under the Space Leases and other tenant charges, in each case as and when actually received, shall be prorated as of the Cut Off Time. Seller shall deliver or provide a credit to Purchaser in an amount equal to all prepaid rents for periods after the Closing Date. Rents which are delinquent as of the Closing Date shall not be prorated on the Closing Date and Seller shall retain the right to pursue the collection of such delinquent rents; provided that in connection with such efforts Seller shall have no right to terminate any Space Lease or to initiate any eviction proceeding against the applicable tenant thereunder. To the extent Purchaser receives rents (including operating expense, tax and insurance charges payable by a Space Lessee) on or after the Closing Date that such Space Lessee designates are payable as delinquent rents for any period prior to the Closing Date, Purchaser shall promptly deliver such amounts to Seller. Purchaser shall use good faith efforts (at no cost to Purchaser) to collect any such delinquent rents. Any percentage rents under Space Leases shall be prorated on the basis of the ratio of the number of days expired before Closing to the number of days after Closing. In the event that the proration of operating expenses, taxes, insurance charges and/or percentage rent cannot be fully prorated because of the unavailability of information then such proration will be tentatively prorated on the best available information and Seller and Purchaser will make the appropriate final adjustments within ninety (90) days following the end of the calendar year in which the Closing occurs. All such adjustments will be paid in cash to the party entitled thereto. All security deposits shall be transferred to Purchaser or credited against the Purchase Price and all obligations with respect to such security deposits shall be assumed by Purchaser.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!