Prepayment of Rent. Upon execution hereof by Subtenant, Subtenant shall pay to Sublandlord the sum of Sixty-Five Thousand Dollars ($65,000.00), which shall constitute Base Rent for the first (1st) month of the Term (with any remainder to be applied towards the second month of the Term).
Prepayment of Rent. Accept any prepayment of rent or installments of rent for more than two (2) months in advance without the prior written consent of the Lender.
Prepayment of Rent. Tenant has paid to Landlord the amount set forth in section 1.7 of this Lease concurrently with its execution of this Lease as prepayment of rent for credit against the first installment of Base Monthly Rent (for the sixth month of the Lease Term) due hereunder.
Prepayment of Rent. The Grantor represents and agrees that no rent has been or will be paid by any person in possession of any portion of the Property for more than one installment in advance and that the payment of none of the rents to accrue for any portion of said Property has been or will be waived, released, reduced, or discounted, or otherwise discharged or compromised by the Grantor, except in the ordinary course of business. The Grantor waives any right of setoff against any person in possession of any portion of the Property. The Grantor agrees that it will not assign any of the rents or profits except to the purchaser or grantee of the Property.
Prepayment of Rent. (19) If the tenant is obliged to pay the rent in advance, he should be selected. This is common with tenants with no credit history or bad. Section XIII. The period of proration. (20) The period of pro-extension is selected if the tenant wishes to move before the start date of the lease. They will usually have to pay the prorated amount of rent based on the number of days they moved to the beginning of the year. Section XIV. Security deposit (21) If there is a security deposit, it should be selected and the amount entered. Most commonly, it is equal to one (1) month's rent, but may be maximum under state law. Inspection (22) In some States, a removal inspection is required. This is always recommended to protect the tenant from their security deposit being wrongly deducted at the end of the lease for pre-existing damages at the premises. Section XVI. Parking (23) Xxxx whether or not the owner will provide on-site parking. If the owner is to provide parking, enter if there is a fee or not for each Section XVII. Sale of property (24) If the landlord would like the option for the tenant to move to the sale of the property, it should be selected. Section XVIII. Utilities (25) Enter all utilities for which the owner will be responsible for the term of the lease. All other utilities will be paid by the tenant. Section XIX. Early termination (26) Gives the tenant the option to terminate the lease earlier. An landlord will usually allow this for a fee of one (1) rent per month. Section XX. Smoking policy (27) Allows the owner to set the smoking policy on the spot. In California, for example, this is a necessary to be mentioned in the lease. Section XXI. Pets (28) Set a pet policy. If pets are allowed, the owner can limit the number of pets, types, and how much they weigh. Section
Prepayment of Rent. Mortgagor shall include in all future leases of any part of the Premises a provision prohibiting the prepayment of any rent without the prior written consent of Mortgagee;
Prepayment of Rent. The Mortgagor represents and agrees that no rent has been or will be paid by any person in possession of any portion of the Mortgaged Property for more than one installment in advance and that the payment of none of the rents to accrue for any portion of said Mortgaged Property has been or will be waived, released, reduced, or discounted, or otherwise discharged or compromised by the Mortgagor. The Mortgagor waives any right of setoff against any person in possession of any portion of the Mortgaged Property. The Mortgagor agrees that it will not assign any of the rents or profits except to the purchaser or grantee of the Mortgaged Property.
Prepayment of Rent. Prior to December 1, 2025, the County may not prepay Rent under this Lease except with the written consent and in the sole discretion of BB&T. On or after December 1, 2025, and upon fifteen (15) days written notice, or such lesser time as agreed to in writing by BB&T, there is expressly reserved to the County the right, and the County is authorized and permitted, at any time it may choose, to prepay the Rent payable under Section 4.01 hereof as described in Section 11.01 hereof, in whole or in part, without any premium or prepayment fee, and BB&T agrees to accept such prepayment of Rent when the same is tendered by the County. Whenever in this Lease reference is made to prepayment of all Rent or payment of an amount sufficient to prepay all Rent to become due, the amount required to effect such prepayment shall be deemed to be the “After Payment Termination Value” set forth in Schedule I hereto if paid on a Payment Date and, if not paid on a Payment Date, the After Payment Termination Value due on the immediately preceding Payment Date plus interest accrued from the date of the last rental payment at the Applicable Rate. Upon the County exercising its option to prepay the Rent in whole or in part under this Lease, the provisions of Article XI hereof shall apply.
Prepayment of Rent. Tenant has paid to Landlord the Prepaid Rent concurrently with its execution of this Lease, as prepayment of rent for credit against the first installment of Base Monthly Rent and expenses due hereunder.
Prepayment of Rent. None. ------------------
