Common use of Early Termination Charge Clause in Contracts

Early Termination Charge. ( , Initial) In the event the Tenant moves prior to the expiration of the initial occupancy term or the expiration of proper 30-day notice period, an administrative fee of $ (equal to one month of rent) shall be due to agent. This fee must be paid in advance upon delivery of notice of termination. In no event, shall deposits be used to pay this fee. The Tenant acknowledges that vacating prior to the end of the initial minimum term or the expiration of proper 30-day notice period is a breach of this agreement and further acknowledges responsibility for rent, advertising costs, utility costs and yard maintenance costs through the last day of the initial minimum term, the expiration of proper 30-day notice period or upon the re-renting of the premises. By breaking the lease for any reason, Tenant acknowledges that they will be forfeiting their deposit and will be responsible for all cleaning, maintenance, administrative fees, utilities, etc.

Early Termination Charge. ( , Initial) In the event the Tenant moves prior to the expiration of the initial occupancy term or the expiration of proper 30-day notice period, an administrative fee of $ XXXXX (equal to one month of rent) shall be due to agent. This fee must be paid in advance upon delivery of notice of termination. In no event, shall deposits be used to pay this fee. The Tenant acknowledges that vacating prior to the end of the initial minimum term or the expiration of proper 30-day notice period is a breach of this agreement and further acknowledges responsibility for rent, advertising costs, utility costs and yard maintenance costs through the last day of the initial minimum term, the expiration of proper 30-day notice period or upon the re-renting of the premises. By breaking the lease for any reason, Tenant acknowledges that they will be forfeiting their deposit and will be responsible for all cleaning, maintenance, administrative fees, utilities, etc.

Early Termination Charge. ( , Initial) In the event the Tenant moves prior to the expiration of the initial occupancy term or the expiration of proper 30-day notice period, an administrative fee of $ XXXX, (equal to one month of rent) shall be due to agent. This fee must be paid in advance upon delivery of notice of termination. In no event, shall deposits be used to pay this fee. The Tenant acknowledges that vacating prior to the end of the initial minimum term or the expiration of proper 30-day notice period is a breach of this agreement and further acknowledges responsibility for rent, advertising costs, utility costs and yard maintenance costs through the last day of the initial minimum term, the expiration of proper 30-day notice period or upon the re-renting of the premises. By breaking the lease for any reason, Tenant acknowledges that they will be forfeiting their deposit and will be responsible for all cleaning, maintenance, administrative fees, utilities, etc.