Common use of LEASE DURATION Clause in Contracts

LEASE DURATION. Every month thereafter, you must pay your rent, without any deductions, on or before the 1st day of each month; with a grace period of <<Grace Period Days>>. If not paid by the 1st, rent shall be considered overdue and delinquent on the 2nd day of each calendar month. The following late fees will be waived if rent is received in full by 12:00 p.m. on the last day of the grace period: Daily late fee: <<Daily Late Fee>> plus «Tax Rate» % tax. Our acceptance of any late or partial payment shall not change the due date or amount of any required payment in the future and shall not relieve you of any obligation to pay the balance of the Rent and any applicable late fees or costs. A charge of $35 plus «Tax Rate» % tax will apply for every returned check or rejected electronic payment plus the amount of any fees charged to the Owner/Agent by any financial institution as a result of the check not being honored, plus any applicable late fee charges. If you don't pay rent on time, you'll be delinquent and all remedies under this Lease Contract will be authorized. If a Rent payment has been returned unpaid for any reason, Landlord shall be entitled to demand that all sums pursuant to this Lease Contract be paid in certified funds. A charge of $35.00 plus «Tax Rate» % tax will apply for each occurrence where Owner/ Agent delivers to Resident any notice for any breach of this Lease Contract. Regardless of any notation on a payment, we reserve the right to apply funds in the order in which we see fit. (i.e. - oldest charges first). Additional charges for late fees, notice fees, returned check fees, etc are considered additional rent. The terms of this tenancy shall commence on <<Lease Start Date>> (commencement date) and end on <<Lease End Date>> (termination date) at 5:00 p.m. at which time all keys, remotes, mailbox keys, etc must be returned to <<Company

LEASE DURATION. The terms of this tenancy shall commence on <<Lease Start Date>> (commencement date) and end on <<Lease End Date>> (termination date) at 5:00 p.m. at which time all keys, Every month thereafter, you must pay your rent, without any deductions, on or before the 1st day of each month; with a grace period of <<Grace Period Days>>. If not paid by the 1st, rent shall be considered overdue and delinquent on the 2nd day of each calendar month. The following late fees will be waived if rent is received in full by 12:00 p.m. on the last day of the grace period: Daily late fee: <<Daily Late Fee>> plus «Tax Rate» % tax. Our acceptance of any late or partial payment shall not change the due date or amount of any required payment in the future and shall not relieve you of any obligation to pay the balance of the Rent and any applicable late fees or costs. A charge of $35 plus «Tax Rate» % tax will apply for every returned check or rejected electronic payment plus the amount of any fees charged to the Owner/Agent by any financial institution as a result of the check not being honored, plus any applicable late fee charges. If you don't pay rent on time, you'll be delinquent and all remedies under this Lease Contract will be authorized. If a Rent payment has been returned unpaid for any reason, Landlord shall be entitled to demand that all sums pursuant to this Lease Contract be paid in certified funds. A charge of $35.00 plus «Tax Rate» % tax will apply for each occurrence where Owner/ Agent delivers to Resident any notice for any breach of this Lease Contract. Regardless of any notation on a payment, we reserve the right to apply funds in the order in which we see fit. (i.e. - oldest charges first). Additional charges for late fees, notice fees, returned check fees, etc are considered additional rent. The terms of this tenancy shall commence on <<Lease Start Date>> (commencement date) and end on <<Lease End Date>> (termination date) at 5:00 p.m. at which time all keys, remotes, mailbox keys, etc must be returned to <<Company.

LEASE DURATION. Every month thereafter2.1 The Parties have, you must pay your rentin good faith, without any deductions, agreed that the lease commencement date shall be on or before 28th August 2006, by which date the 1st day LESSOR shall deliver possession of each month; the Schedule Property with fixtures, fittings and workstations, as per the inventory attached. The brief particulars of the fixtures provided by the LESSOR are described in the Annexure attached to this Lease Deed. The date of commencement for lease shall hereinafter be called as “Commencement Date” and the lease shall be in force initially for a grace period of <<Grace Period Days>>. If not paid by Five (5) years (“Initial Term”) from the 1stsaid Commencement Date, rent out of which the minimum lock-in period shall be considered overdue and delinquent on thirty (30) months (hereinafter called “lock-in period”) including notice period of three (3) months. There shall be an escalation of Five Percent (5%) in the 2nd day monthly rent every year as provided in clause 3.1 herein, with effect from the expiry of each calendar month. The following late fees will be waived if rent is received in full by 12:00 p.m. 12 months from the Commencement Date on the last day paid rent till the expiry of the grace period: Daily late fee: <<Daily Late Fee>> plus «Tax Rate» % taxInitial Term. Our acceptance of any late or partial payment shall not change the due date or amount of any required payment in the future and shall not relieve you of any obligation to pay the balance The lease upon expiry of the Rent Initial Term may be renewed at the sole option of the LESSEE, subject to LESSEE issuing three (3) months prior written notice of its intention to renew the lease before expiry of the Lease Term, for a further period of 3 (Three) years or such period as mutually agreed between the Parties. The Parties shall in respect of each extension duly stamp and any applicable late fees or costsregister a fresh lease deed for the purpose. A charge The “Commencement Date” shall be the date the LESSOR actually hands over the possession of $35 plus «Tax Rate» % tax will apply for every returned check or rejected electronic payment plus the amount of any fees charged Scheduled Property to the Owner/Agent LESSEE duly ready for Customs Bonding and after completing all painting, cleaning, touch-up work, as approved by any financial institution as a result of the check not being honored, plus any applicable late fee charges. If you don't pay rent on time, you'll be delinquent and all remedies LESSEE. 2.2 All payments under this Lease Contract will be authorized. If a Rent payment has been returned unpaid for any reason, Landlord Deed shall be entitled made by crossed cheque payable in Bangalore, or bank wire transfer acceptable to demand that all sums pursuant LESSOR in favour of the LESSOR and shall be delivered to the LESSOR at its address mentioned above in person or by courier / registered post acknowledgement due. The obligation of the LESSEE is fully discharged by making payments to the LESSOR under this Lease Contract be paid in certified funds. A charge Deed and as a confirmation of $35.00 plus «Tax Rate» % tax will apply for each occurrence where Owner/ Agent delivers to Resident any notice for any breach the same the LESSOR shall issue receipts of this Lease Contract. Regardless of any notation on a payment, we reserve such payment by the right to apply funds in the order in which we see fit. (i.e. - oldest charges first). Additional charges for late fees, notice fees, returned check fees, etc are considered additional rent. The terms of this tenancy shall commence on <<Lease Start Date>> (commencement date) and end on <<Lease End Date>> (termination date) at 5:00 p.m. at which time all keys, remotes, mailbox keys, etc must be returned to <<CompanyLESSEE.