Common use of LATE PAYMENTS AND RETURNED CHECKS Clause in Contracts

LATE PAYMENTS AND RETURNED CHECKS. Lessee agrees that in the event that monthly rent payment is not received in full by the close of business on the 5th of each month, 5% of the monthly rent will be charged up to ($50) as a late charge. In the event that a Lessee’s check is dishonored by the bank, Lessee agrees to pay Lessor twenty dollars ($20) as a returned check charge, and, if appropriate, the additional late charge.

LATE PAYMENTS AND RETURNED CHECKS. Lessee agrees that in the event that monthly rent payment is not received in full by the close of business on the 5th 4th of each month, 5% the sum of the monthly rent thirty dollars ($30) will be charged up to ($50) due as a late charge. There will be an additional charge of two dollars ($2) per day for each day that rent is not received after the 5th of the month. In the event that a Lessee’s check is dishonored by the bank, Lessee agrees to pay Lessor twenty thirty dollars ($2030) as a returned check charge, and, if appropriate, the additional late charge.

LATE PAYMENTS AND RETURNED CHECKS. Lessee agrees that in the event that monthly rent payment is not received in full by the close of business on the 5th 4th of each month, 5% the sum of the monthly rent thirty dollars ($30) will be charged up to ($50) due as a late charge. There will be an additional charge of two dollars ($2) per day for each day that rent is not received after the 5th of the month. In the event that a Lessee’s check is dishonored by the bank, Lessee agrees to pay Lessor twenty fifty dollars ($2050) as a returned check charge, and, if appropriate, the additional late charge.