Late Rent Charge. If Owner does not RECEIVE your complete rent payments on or before the fourth (4th) of each month (by 5:00 PM), you agree to pay a Late Rent Charge (Section E). It does not matter what day the 4th falls on (it may be a Sunday). The late charge is presumed to be the damages sustained because of your late payment of rent. If your bank returns your check unpaid after 5 PM on the 4th, you also agree to pay the Returned Check Fee (Section D) in addition to the Late Rent Charge. The late rent charge is equal to 6% of the outstanding balance.
Late Rent Charge. Lessee agrees that in the event rent payments are not received by the City on or before the 15' day of the month for which such rent is due, amounts due and unpaid shall accrue interest at an annual rate of 12% or the maximum legal rate whichever is lower. Payments due the City shall be received by the City only on normal business days of Monday through Friday. Payment by Lessee and acceptance by City of a delinquent charge shall not be construed as a waiver or forfeiture of any other rights or remedies of the City contained elsewhere in this Lease, or as provided by law. For the purposes of this Section, the date payments are received by the City shall be the U.S. Postal Service cancellation date on the envelope transmitting the payment, or the date such payment is received by an authorized representative of the City if the payment is hand delivered. In the event of a dispute as to the amount to be paid, the City may accept without prejudice the sum tendered and, if a deficiency is determined, the foregoing delinquency charge shall apply only to such deficiency. The City may waive, for good cause, any delinquency charge upon written application of Lessee.
Late Rent Charge. If Landlord does not receive Tenant’s complete rent payment POSTMARKED or paid in person PRIOR TO THE FOURTH (4th) of each month, Tenant agrees to pay a Late Rent Charge of 7% of the monthly rent. All parties to this Agreement acknowledge that damages resulting from the late payment of rent would be impracticable or extremely difficult to fix and that this amount is fair.
Late Rent Charge. TENANT agrees to pay a late charge in the percent listed in Section E, of the amount of rent not received within five (5) calendar days of its due date, whether or not said 5th day falls on a holiday. This late charge does not establish a grace period; HP may serve 3 Day Notice demand for payment, if rent is not paid on its due date. HP and TENANT agree that late charge is presumed to be the damages sustained because of TENANT’s late payment of rent, and that it is impracticable or extremely difficult to fix the actual damages. HP may deduct Late Rent charges from security deposit as incurred or at termination of tenancy, as it is considered damages to HP. Acceptance of such HP Page 1 TENANT late charge by Lessor shall in no event constitute a waiver of TENANT’s default or breach with respect to such overdue amount, nor prevent the exercise of any of the other rights and remedies granted hereunder.
Late Rent Charge. If payment is not made on the website by the 3rd of each month (by 5:00 PM), you agree to pay a Late Rent Charge (Section E). It does not matter what day the 3rd falls on (it may be a Sunday). The late charge is presumed to be the damages sustained because of your late payment of rent. If your bank returns your check unpaid after 5 PM on the 3rd you also agree to pay the Returned Check Fee (Section D) in addition to the Late Rent Charge.
Late Rent Charge. Tenant acknowledges that the failure of Tenant to make any payment within ten (10) days after receipt of written notice that such payment is due and payable will cause Landlord to incur additional trouble and expense which is not readily susceptible to exact determination in each particular instance. Accordingly, it is agreed that Landlord may add a late charge of five percent (5%) to any sums which are more than ten (10) days in arrears, and Tenant agrees that such late charges are reasonable to compensate Landlord for the additional trouble and expense incurred by Landlord as a result of delinquent payments, and do not constitute a penalty for late payment. Landlord's right to add a late charge to delinquent payments does not obligate Landlord to accept any overdue payment, nor does it limit Landlord's rights and remedies as a result of a default by Tenant as defined in this Lease or as provided by applicable law.
Late Rent Charge. If Renter fails to pay any rent as and when due, Renter shall pay a (one-time per such unpaid amount not to exceed 25% thereof) Late Charge as set out in Section F. If Xxxxxx's check is returned *NSF*, the Renter shall pay a Returned Check Charge set out in Section D above. Such Late Charge and/or Returned Check Charge shall be deemed additional rent by inclusion in an eviction notice or may be deducted from Renter's Security Deposit. Any Security Deposit refund-claim shall be deemed compensated to the extent of any such deduction. All of Xxxxxx's monetary obligations hereunder are deemed rent.
