Common use of Rent 2 Clause in Contracts

Rent 2. 1.1 You must pay the Rent during the Period of Residence on the dates and in accordance with the payment terms set out in Schedule 1. 2.1.2 The obligation to pay the Rent applies irrespective of your individual course dates (which may start later or finish earlier than the Period of Residence) and irrespective of when or if you actually move into the Accommodation. 2.1.3 If the whole or any part of the Rent remains unpaid in breach of the payment terms set out in Schedule 1 we will: (a) apply a 3% late payment charge on any sum that is outstanding 14 days after the due date which will then be applied from the day after the due date; and 2.1.4 If someone other than you pays all or part of the Rent to us directly (eg a Sponsor or parent), this will not reduce or affect your responsibilities under the Agreement or result in any kind of rights or benefit to that other party.