Common use of Pre-Payment of Rent Clause in Contracts

Pre-Payment of Rent. (i) To Accept your offer of accommodation, you are required to pay a minimum of £250 prepayment of rent. (ii) We will offset the Pre-Payment of Rent against the Licence Fee that is payable as follows: (a) If you pay the Licence Fee in full in accordance with Schedule 1 section a)(i)(a) of this Licence Agreement, the Pre-Payment of Rent will be offset against the single instalment that is payable; or (b) If you pay the Licence Fee in instalments in accordance with section a)(i)(b) of Schedule 1 of the Licence Agreement, the Pre-Payment of Rent will be offset in full against the Licence Fee on the date that this Agreement is formed and will be applied and deducted from your 1st instalment.

Pre-Payment of Rent. (i) To Accept your offer of accommodation, you are required to pay a minimum of £250 prepayment of rent. (ii) We will offset the Pre-Payment of Rent against the Licence Fee that is payable as follows:follows:- (a) If if you pay the Licence Fee in full in accordance with Schedule 1 section a)(i)(a) of this Licence Agreement, the Pre-Payment of Rent will be offset against the single instalment that is payable; or (b) If if you pay the Licence Fee in instalments in accordance with section a)(i)(b) of Schedule 1 of the Licence Agreement, the Pre-Payment of Rent will be offset in full against the Licence Fee on the date that this Agreement is formed and will be applied and deducted from your 1st 3rd instalment.

Pre-Payment of Rent. (i) To Accept your offer of accommodation, you are required to pay a minimum of £250 prepayment of rent. (ii) We will offset the Pre-Payment of Rent against the Licence Fee that is payable as follows: (a) If you pay the Licence Fee in full in accordance with Schedule 1 section a)(i)(aa) (i)(a) of this Licence Agreement, the Pre-Payment of Rent will be offset against the single instalment that is payable; or (b) If you pay the Licence Fee in instalments in accordance with section a)(i)(ba) (i)(b) of Schedule 1 of the Licence Agreement, the Pre-Payment of Rent will be offset in full against the Licence Fee on the date that this Agreement is formed and will be applied and deducted from your 1st instalment.