Late Payments and Fees. The Monthly Rent will be delinquent if not received in full by Housing Services on or before 5:00 p.m. on the seventh (7th ) day of the month in which it is due. If the seventh day of the month is on a weekend or University holiday, the rent will be delinquent if not paid by 5:00 p.m. on the following business day. Tenant agrees to pay a late charge of $40.00 for each month or portion thereof that the Monthly Rent is delinquent, in addition to any other fees permitted by this Agreement or by law. This late charge does not establish a grace period or waiver; the University may make written demand for payment if Monthly Rent is not paid on its due date. The late charge is due no later than the first business day of the following month. If there is an outstanding balance due, all fees and assessments, including, but not limited to, late-charge fees, key-and-lock fees, returned-check fees, custodial or property damage assessments, parking and garage fees, and extra storage space fees, will be applied first to that balance due and then to the rent. If the payment is not sufficient to cover both the assessments/fee(s) and the Monthly Rent, the Monthly Rent will be deemed delinquent if not paid in full by the seventh (7th) day of the month the Monthly Rent is due. Tenant and the University agree that the late charge is presumed to be damages sustained because of Tenant's late payment of Monthly Rent, not a penalty, as it is impracticable or extremely difficult to fix the actual damages. In addition to the foregoing, should the Tenant fail to pay rent or the late charge(s) when due, the University may, in its sole discretion, do any one or more of the following:
Late Payments and Fees. Owner and Residents agree that it is and will be impracticable and extremely difficult to fix the actual damages suffered by Owner in the event Residents make a late payment of rent, or when Residents make a payment that is subsequently dishonored by the bank, and that the below charges represent a reasonable approximation of the damages Owner is likely to suffer from a late or dishonored payment. Owner and Residents further agree that this provision does not establish a grace period of the payment of rent, and that Owner may give Residents a written notice to pay or quit the Leased Premises in accordance with State law at any time after the payment is due. Owner shall have all remedies under the law and this Agreement in the event Resident fails to timely pay the rent or other amounts owed. At Owner's sole discretion, Owner may report any delinquent rent or other amounts owed to a credit reporting agency.
Late Payments and Fees. Rent payments received or postmarked after the 7th day of the month will be deemed late and will incur a $15.00 late payment fee. Late payment fees shall not be due and collectible until two weeks after MHA gives written notice of the charge. Late payment fees shall be assessed on late payment of rent and no other charges Tenants who submit a check that is returned for insufficient funds or drawn on a closed or non-existent account shall be assessed a service charge of $25.00 and may be required to make future payment by certified check or money order only. The MHA reserves the right to demand certified funds on nonpayment of rent notices.
Late Payments and Fees. It is your responsibility to alert the Accounting Manager (Xxxxx XxxXxxxx) in the Church Office if a payment will be reasonably late in order to avoid subsequent fees or punitive action. In the event that no attempt has been made to alert the office staff of a payment issue, monthly tuition payments not received by the 5th day of the month will incur a $10 late fee. Any unpaid late fees will be added to subsequent invoices. Monthly tuition payments not received by the 10th day of the month will incur additional fees as deemed appropriate by the Preschool Board. Further, a student may be suspended from preschool enrollment until all outstanding tuition fees have been paid in full. Please note that to avoid this action, it is your responsibility to inform and/or make alternative arrangements with the Accounting Manager as soon as possible. In the event of repeated late payments (more than twice in a given school year) or a payment more than 20 days past due, a meeting between the family, the Accounting Manager, and a Preschool Board member will be scheduled to discuss resolution of all outstanding payment issues. Punitive measures for habitual non-payment include, but are not limited to, additional fees, removing the child from the preschool enrollment, or referral to a collection agency.
Late Payments and Fees. The Monthly Rent will be delinquent if not received in full by Housing Services on or before 5:00 p.m. on the seventh (7th ) day of the month in which it is due. If the seventh day of the month is on a weekend or University holiday, the rent will be delinquent if not paid by 5:00
Late Payments and Fees. Any invoice reflecting amounts due to SBT that are not paid in full within thirty (30) days of the date of the invoice (“Late Payment”) are subject to a late fee in the amount of one and one-half percent (1.5%) of the total amount due (“Late Fee”). The Late Fee will be assessed monthly on the total amount due until the required payment is received by SBT. SBT reserves the right to use any and all means available under applicable law to collect any amounts outstanding for ninety (90) days or more. SBT reserves the right to use any Partner payment method on file for any Late Payment which remains outstanding for a period of thirty (30) days or more.
