Common use of Penalty Amount Clause in Contracts

Penalty Amount. If the Tenant does not pay the rent within the number of days constituting the grace period (from its due date) then the Landlord may decide to charge the Tenant an additional amount as a penalty. Record the penalty amount.

Appears in 15 contracts

Samples: Employee Lease Agreement, Month to Month Rental Agreement, Month to Month Rental Agreement

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Penalty Amount. If the Tenant does not pay the rent within the number of days constituting the grace period (from its due date) then the Landlord may decide to charge the Tenant an additional amount as a penalty. Record the penalty amount.

Appears in 2 contracts

Samples: Month to Month Rental Agreement, Room Rental Agreement

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Penalty Amount. If the Tenant does not pay the rent within the number of days constituting the grace period (from its due date) then the Landlord may decide to charge the Tenant an additional amount as a penalty. Record the penalty amount.. 15231483080.pdf (14)

Appears in 1 contract

Samples: Month to Month Rental Agreement

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