Common use of INITIAL RENT PAYMENT Clause in Contracts

INITIAL RENT PAYMENT. Tenant agrees to pay the University at the time of Tenant's signing this Agreement the equivalent of the Monthly Rent as set forth in Section 2 ("initial rent payment"). If the initial rental payment transaction fails (e.g., returned check or credit card rejection) the provisions of 10.3.4 shall apply. The initial rent payment is not refundable, except as otherwise stated herein. The initial rent payment will be applied toward the first month's rent only and will not be used to protect against, or pay for, damages to the Rental Property and will not be returned in any amount upon move- out, regardless of the condition of the Rental Property. Any balance from the initial rent payment will be applied first to any outstanding fees and assessments and then to the subsequent month's rent. Tenant will forfeit this initial rent payment if Tenant seeks to terminate this Agreement for any reason prior to the Occupancy Date, and Tenant will be subject to Section 43.3 (Termination by Tenant), even if the reason for the termination is due to a circumstance set forth in Section

INITIAL RENT PAYMENT. Tenant agrees to pay the University at the time of Tenant's signing this Agreement the equivalent of the Monthly Rent as set forth in Section 2 ("initial rent payment"). If the initial rental payment transaction fails (e.g., returned check or credit card rejection) the provisions of 10.3.4 shall apply. The initial rent payment is not refundable, except as otherwise stated herein. The initial rent payment will be applied toward the first month's rent only and will not be used to protect against, or pay for, damages to the Rental Property and will not be returned in any amount upon move- out, regardless of the condition of the Rental Property. Any balance from the initial rent payment will be applied first to any outstanding fees and assessments and then to the subsequent month's rent. Tenant will forfeit this initial rent payment if Tenant seeks to terminate this Agreement for any reason prior to the Occupancy Date, and Tenant will be subject to Section 43.3 (Termination by Tenant), even if the reason for the termination is due to a circumstance set forth in SectionSection 43.2 (Termination due to Disaffiliation or Marriage/Domestic Partnership).

INITIAL RENT PAYMENT. Tenant agrees to pay the University at the time of Tenant's signing this Agreement the equivalent of the Monthly Rent as set forth in Section 2 ("initial rent payment"). If the initial rental payment transaction fails (e.g., returned check or credit card rejectionchargeback) the provisions of 10.3.4 shall apply. The initial rent payment is not refundable, except as otherwise stated herein. The initial rent payment will be applied toward the first month's rent only and will not be used to protect against, or pay for, damages to the Rental Property and will not be returned in any amount upon move- move-out, regardless of the condition of the Rental Property. Any balance from the initial rent payment will be applied first to any outstanding fees and assessments and then to the subsequent month's rent. Tenant will forfeit this initial rent payment if Tenant seeks to terminate this Agreement for any reason prior to the Occupancy Date, and Tenant will be subject to Section 43.3 (Termination by Tenant), even if the reason for the termination is due to a circumstance set forth in Section

INITIAL RENT PAYMENT. Tenant agrees to pay the University at the time of Tenant's signing this Agreement the equivalent of the Monthly Rent as set forth in Section 2 ("initial rent payment"). If the initial rental payment transaction fails (e.g., returned check or credit card rejectionchargeback) this Agreement will be rendered null and void, and the provisions of 10.3.4 shall applyreservation booking will be canceled. The initial rent payment is not refundable, except as otherwise stated herein. The initial rent payment will be applied toward the first month's rent only and will not be used to protect against, or pay for, damages to the Rental Property and will not be returned in any amount upon move- move-out, regardless of the condition of the Rental Property. Any balance from the initial rent payment will be applied first to any outstanding fees and assessments and then to the subsequent month's rent. Tenant will forfeit this initial rent payment if Tenant seeks to terminate this Agreement for any reason prior to the Occupancy Date, and Tenant will be subject to Section 43.3 (Termination by Tenant), even if the reason for the termination is due to a circumstance set forth in SectionSection 43.2 (Termination due to Disaffiliation or Marriage/Domestic Partnership).

INITIAL RENT PAYMENT. Tenant Xxxxxx agrees to pay the University at the time of TenantXxxxxx's signing this Agreement the equivalent of the Monthly Rent as set forth in Section 2 ("initial rent payment"). If the initial rental payment transaction fails (e.g., returned check or credit card rejectionchargeback) this Agreement will be rendered null and void, and the provisions of 10.3.4 shall applyreservation booking will be canceled. The initial rent payment is not refundable, except as otherwise stated herein. The initial rent payment will be applied toward the first month's rent only and will not be used to protect against, or pay for, damages to the Rental Property and will not be returned in any amount upon move- move-out, regardless of the condition of the Rental Property. Any balance from the initial rent payment will be applied first to any outstanding fees and assessments and then to the subsequent month's rent. Tenant will forfeit this initial rent payment if Tenant seeks to terminate this Agreement for any reason prior to the Occupancy Date, and Tenant will be subject to Section 43.3 (Termination by Tenant), even if the reason for the termination is due to a circumstance set forth in SectionSection 43.2 (Termination due to Disaffiliation or Marriage/Domestic Partnership).

INITIAL RENT PAYMENT. Tenant agrees to pay the University at the time of Tenant's signing this Agreement the equivalent of the Monthly Rent as set forth in Section 2 ("initial rent payment"). If the initial rental payment transaction fails (e.g., returned check or credit card rejectionchargeback) this Agreement will be rendered null and void, and the provisions of 10.3.4 shall applyreservation booking will be canceled. The initial rent payment is not refundable, except as otherwise stated herein. The initial rent payment will be applied toward the first month's rent only and will not be used to protect against, or pay for, damages to the Rental Property and will not be returned in any amount upon move- move-out, regardless of the condition of the Rental Property. Any balance from the initial rent payment will be applied first to any outstanding fees service charges and assessments and then to the subsequent month's rent. Tenant will forfeit this initial rent payment if Tenant seeks to terminate this Agreement for any reason prior to the Occupancy Date, and Tenant will be subject to Section 43.3 (Termination by Tenant), even if the reason for the termination is due to a circumstance set forth in SectionSection 43.2 (Termination due to Disaffiliation or Marriage/Domestic Partnership).

INITIAL RENT PAYMENT. Tenant agrees to pay the University at the time of Tenant's signing this Agreement the equivalent of the Monthly Rent as set forth in Section 2 ("initial rent payment"). If the initial rental payment transaction fails (e.g., returned check or credit card rejection) the provisions of 10.3.4 shall apply. The initial rent payment is not refundable, except as otherwise stated herein. The initial rent payment will be applied toward the first month's rent only and will not be used to protect against, or pay for, damages to the Rental Property and will not be returned in any amount upon move- move-out, regardless of the condition of the Rental Property. Any balance from the initial rent payment will be applied first to any outstanding fees and assessments and then to the subsequent month's rent. Tenant will forfeit this initial rent payment if Tenant seeks to terminate this Agreement for any reason prior to the Occupancy Date, and Tenant will be subject to Section 43.3 (Termination by Tenant), even if the reason for the termination is due to a circumstance set forth in SectionSection 43.2 (Termination due to Disaffiliation or Marriage/Domestic Partnership).