RENT AND LATE CHARGES Sample Clauses

RENT AND LATE CHARGES. The rent shall be the amount stated above. Rent is due the first day of each calendar month, in advance and without demand. If applicable, rent for the first month will be pro-rated starting from the date of execution of this Agreement. Operator reserves the right to require that rent and other charges be paid in cash, credit card, certified check or money order. Operator may change the monthly rent and other charges by giving Tenant twenty-eight (28) days advanced notice. The new rent shall become effective on the first day of the next month rent is due. Pre-paid rent is not refundable. If rent is not paid by the seventh (7th) day of the month due, Tenant agrees to pay a late fee as stated above each month until rent is paid in full. Tenant agrees to pay Operator the NSF charge stated above plus all bank charges for any dishonored check plus any late fees that must be paid in conjunction with the substituted check. These fees are considered additional rent and are to compensate Operator f or labor and other costs of collection. Tenant agrees to pay all collection and lien costs incurred by Operator. The unit size of the Leased Space stated above is approximate and there is no abatement or adjustment in rent if the Leased Space is smaller or larger than declared. The Tenant has inspected the Leased Space and acknowledges that the Leased Space is suitable for the Tenant’s purposes. Tenant shall not sublet or assign the Leased Space. Tenant warrants and acknowledges that no other person or persons will be acting on behalf of the Tenant. The Operator reserves the right to relocate Tenant at any time to any self-service storage space of comparable size. USE OF LEASED SPACE: Operator is not engaged in the business of storing goods for hire and exercises neither care, custody nor control over Tenant’s stored property. Tenant agrees to use the Leased Space only for the storage of property wholly owned by the Tenant. Tenant shall not occupy the Leased Premises as a residence or sleep in the unit. Tenant waives any claim for emotional or sentimental attachment to the stored property located in the Leased Space. Nothing herein shall constitute any agreement or admission by Operator that Tenant’s stored property has any value, nor shall anything alter the release of Operator’s liability as set forth in this Agreement. Tenant is strictly prohibited from storing or using materials in the Leased Space, and/or on the Facility, classified as hazardous, toxic and/or illega...
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RENT AND LATE CHARGES. The term “rent” as used in this Lease shall mean and include Base Rent and all other sums payable hereunder to Landlord. All rent shall be paid to Landlord at the address listed herein or at such other place or to such other person as Landlord may from time to time direct in writing, or as is otherwise provided herein, in lawful money of the United States of America. In the event Tenant fails to make any such payment when the same becomes due, then in addition to all rights, powers and remedies provided herein, by law or otherwise in the case of nonpayment of rent, Landlord shall be entitled to recover from Tenant the greater of 10% of the amount due or$150.00, whichever is greater, to reimburse Landlord for its overhead and administration charges in connection with such late payment. Tenant acknowledges that these charges are fair and reasonable. Tenant will also pay to Landlord on demand, interest at the rate of 18% per annum (or the highest rate permitted by applicable law, whichever is lower) on all overdue installments of rent and on overdue amounts relating to obligations which Landlord shall have paid on behalf of Tenant, in each case from the due date thereof until paid in full. If any check tendered by Tenant in payment of any sum due pursuant to this Lease shall be returned for insufficient funds or for any other reason not the fault of Landlord, then Tenant shall pay to Landlord, a processing fee equal to the greater of: (i)$40.00; or (ii) five percent (5%) of the face amount of the returned check, not to exceed the maximum amount permitted by law. Should Tenant’s check be returned or dishonored on more than one occasion during the Term of this Lease (or any renewal or extension thereof), then, from and after the dishonor or return of the second of Tenant’s checks, all subsequent payments due hereunder during the remainder of the Term of this Lease (and all renewals and/or extensions thereof) shall, at Landlord’s option, be tendered to Landlord by certified or cashier’s check.
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RENT AND LATE CHARGES. 3.01. Tenant agrees to pay for the use and occupancy of the Premises during the entire Term of this Lease, at the times and in the manner herein provided, the Monthly Rent (as adjusted) described below. As used in this Lease, the term "Rent" means, collectively, the Monthly Rent (as adjusted) and any other charges, sums or amounts to be paid by Tenant described in this Lease.
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RENT AND LATE CHARGES. In addition to the Lease Payments described above, Tenant shall pay the following: (check only those items that apply) a security deposit of $ to be paid upon signing the Lease. advance rent in the amount of $ for the Rental Installment Periods of to be paid upon signing the Lease. a pet deposit in the amount of $ to be paid upon signing the Lease. a late charge in the amount of $ for each Lease Payment made more than number of days after the date it is due. a bad check fee in the amount of $ (not to exceed $20.00, or 5% of the Lease Payment, whichever is greater) if Tenant makes any Lease Payment with a bad check. If Tenant makes any Lease Payment with a bad check, Landlord can require Tenant to pay all future Lease Payments in cash or by money order.
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RENT AND LATE CHARGES. In consideration of the use of the rented space as set forth herein, Xxxxxxxx agrees to pay to Undercover monthly rent in the amount set forth above and agrees that said amount shall be due and payable in advance on the first (1st) day of each month. Rent is due for each month the property is stored on the premises. There will be no refund of rent for space vacated before the end of the rental term. Monthly payments and any additional charges accrued against the account will be automatically and electronically debited from Occupants credit card or bank account identified above on the first day of each month. Initial charges for accounts beginning on a date other than the first of the month shall be prorated and electronically debited from Occupants account on the date the account is created. Thereafter, charges will be debited monthly on the first day of the month. Occupant hereby authorizes Undercover, as the originator, to initiate debit entries to the credit card or bank account of Occupant identified above at the depository or financial institution so identified for all charges due from Occupant to Undercover. It is the responsibility of Occupant to notify Undercover of any changes in credit card or financial account information. Charges made by Undercover which are rejected or refused by the credit card or financial institution, for whatever reason, shall incur a $25.00 late payment fee and an additional $50.00 credit card/ACH return charge. Rental charges and late fees which remain unpaid 15 days after the due date shall result in the placing of a padlock or other locking mechanism on the property, the deactivation of Occupant’s entry code and the exclusion of Occupant from the storage premises until all rental charges, including late fees, are paid in full. Undercover reserves the right to change or increase the monthly rental rate upon 30 days written notice to Occupant at the address or email address set forth above.
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RENT AND LATE CHARGES. During the term hereof, Lessee shall pay to Lessor, without deduction or offset by Lessee, rent for the Premises in the sum of FOUR THOUSAND FOUR HUNDRED FORTY-TWO AND 25/100 DOLLARS ($4,442.25) PLUS BASE YEAR ESTIMATED TRIPLE NET CHARGES IN THE SUM OF FIVE HUNDRED TWENTY AND NO/100 DOLLARS ($520.00) FOR A TOTAL PAYMENT IN THE SUM OF FOUR THOUSAND NINE HUNDRED SIXTY-TWO AND 25/100 DOLLARS ($4,962.25) per month beginning May 1, 1992 through April 30, 1993. The rents shall be payable monthly in advance on the first day of each and every calendar month during the term hereof, commencing on the first day of the first calendar month following the commencement of the lease term. Any rental payment for any fractional month during the term hereof shall be prorated and payable on the next rent payment date. All rent payments more than ten (10) days past due shall bear a late charge of ten percent (10%) of the amount due plus Five Dollars ($5.00) per day from the tenth day following the date such payment became due until the entire amount and late charges are paid in full. In conjunction with monthly rent payments, Lessee shall each month pay a sum representing Lessee's proportionate share of real property taxes, insurance and common area expenses for the Premises. Such amount shall annually be estimated by Lessor in good faith to reflect actual or anticipated costs. Upon termination of this Lease or at periodic intervals during the term hereof, Lessor shall compute its actual costs for such expenses during such period. Any overpayment by Lessee shall be refunded or credited to Lessee at Lessee's option, and any deficiency shall be paid by Lessee within 15 days after receipt of Lessor's statement. Lessor's records of expenses for taxes, insurance and common area expenses may be inspected by Lessee at reasonable times and intervals. At any one year the charges for common area expenses excluding taxes and insurance shall not exceed more than six percent of previous year charges for common area excluding base year.
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RENT AND LATE CHARGES. The rental for the term is $ . per year, payable in monthly payments of $ . in advance on the day of each and every calendar month during the term of the Lease. Rental payments shall be made via check payable to “572 Jersey Avenue, LLC” and shall be delivered to Xxxxxx Property Management at the office listed above. If Tenant pays the monthly rent by personal check, Xxxxxx agrees it will be paid by no more than two (2) checks. Landlord may require, as additional rent, the payment of a late charge for any monthly payment not received as of the 5th day following the day on which rent is due. This charge shall be five percent (5%) of the monthly rent payment. Tenant acknowledges that rent is due and payable on the day of the month and there is no grace period as it relates to the rent being due, and the assessment of the late charge does not in any way alter the agreed upon fact that rent is due and payable on the day of the month. Landlord may also charge Tenant a fee of $50.00, as addi- tional rent, for every check that is not honored by the bank on which it is drawn. Landlord then reserves the right to xx- xxxx that further payments be made payable in cash or certified checks. Landlord reserves the right to pass along the costs of capital improvements, and increases in property taxes, water or sewer charges in accordance with applicable rent laws.
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RENT AND LATE CHARGES a) The Tenant shall pay the monthly rent for the Unit in the amount stated in the Lease Addendum. The Tenant’s rent shall be payable on or before the first day of each month. Payment of the rent for the first month of the Lease, and the Security Deposit, shall be paid on or before the date the Tenant signs the Lease. The Lease shall not be in effect until the Tenant pays rent for the first month of the Lease, and the Security Deposit. b) For each month in which the rent is received after the fifth day of the month, the Tenant shall pay $10.00, plus 5% of the amount by which the rent exceeds $500. Repeated late payment of rent may result in termination of the Lease as described in paragraph 13 of the Lease, whether or not the Tenant pays the charges for late payment of rent.
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RENT AND LATE CHARGES 
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Related to RENT AND LATE CHARGES

  • Late Charges Lessee hereby acknowledges that late payment by Lessee to Lessor of rent and other sums due hereunder will cause Lessor to incur costs not contemplated by this Lease, the exact amount of which will be extremely difficult to ascertain. Such costs include, but are not limited to, processing and accounting charges, and late charges which may be imposed upon Lessor by the terms of any ground lease, mortgage or deed of trust covering the Premises. Accordingly, if any installment of rent or other sum due from Lessee shall not be received by Lessor or Lessor's designee within ten (10) days after such amount shall be due, then, without any requirement for notice to Lessee, Lessee shall pay to Lessor a late charge equal to six percent (6%) of such overdue amount. The parties hereby agree that such late charge represents a fair and reasonable estimate of the costs Lessor will incur by reason of late payment by Lessee. Acceptance of such late charge by Lessor shall in no event constitute a waiver of Lessee's Default or Breach with respect to such overdue amount, nor prevent Lessor from exercising any of the other rights and remedies granted hereunder. In the event that a late charge is payable hereunder, whether or not collected, for three (3) consecutive installments of Base Rent, then notwithstanding Paragraph 4.1 or any other provision of this Lease to the contrary, Base Rent shall, at Lessor's option, become due and payable quarterly in advance.

  • Late Charge If a payment is 10 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled payment.

  • Additional Rent Beginning with the commencement date of the term of this Lease, Tenant shall pay to Landlord in addition to the Basic Rent and as Additional Rent the following: (a) Tenant's proportionate share of all Taxes relating to the Complex as set forth in Paragraph 12, and (b) Tenant's proportionate share of all insurance premiums and deductibles relating to the Complex, as set forth in Paragraph 15, and (c) Tenant's proportionate share of expenses for the operation, management, maintenance and repair of the Building (including common areas of the Building) and Common Areas of the Complex in which the Premises are located as set forth in Paragraph 7, and (d) All charges, costs and expenses, which Tenant is required to pay hereunder, together with all interest and penalties, costs and expenses including attorneys' fees and legal expenses, that may accrue thereto in the event of Tenant's failure to pay such amounts, and all damages, reasonable costs and expenses which Landlord may incur by reason of default of Tenant or failure on Tenant's part to comply with the terms of this Lease. In the event of nonpayment by Tenant of Additional Rent Landlord shall have all the rights and remedies with respect thereto as Landlord has for nonpayment of rent. The Additional Rent due hereunder shall be paid to Landlord or Landlord's agent (i) within five days for taxes and insurance and within thirty days for all other Additional Rent items after presentation of invoice from Landlord or Landlord's agent setting forth such Additional Rent and/or (ii) at the option of Landlord. Tenant shall pay to Landlord monthly, in advance, Tenant's pro rata share of an amount estimated by Landlord to be Landlord's approximate average monthly expenditure for such Additional Rent items, which estimated amount shall be reconciled within 120 days of the end of each calendar year or more frequently if Landlord so elects to do so at Landlord's sole and absolute discretion, as compared to Landlord's actual expenditure for said Additional Rent items, with Tenant paying to Landlord, upon demand, any amount of actual expenses expended by Landlord in excess of said estimated amount, or Landlord crediting to Tenant (providing Tenant is not in default in the performance of any of the terms, covenants and conditions of this Lease) any amount of estimated payments made by Tenant in excess of Landlord's actual expenditures for said Additional Rent items. The respective obligations of Landlord and Tenant under this paragraph shall survive the expiration or other termination of the term of this Lease, and if the term hereof shall expire or shall otherwise terminate on a day other than the last day of a calendar year, the actual Additional Rent incurred for the calendar year in which the term hereof expires or otherwise terminates shall be determined and settled on the basis of the statement of actual Additional Rent for such calendar year and shall be prorated in the proportion which the number of days in such calendar year preceding such expiration or termination bears to 365.

  • Base Rent 3.1 Beginning on the Rent Commencement Date, Tenant shall pay, without prior notice or demand, to Landlord or Landlord’s agent at the management office of the Project, or, at Landlord’s option, at such other place as Landlord may from time to time designate in advance and in writing, (i) by a check for currency which, at the time of payment, is legal tender for private or public debts in the United States of America, or (ii) if so elected by Tenant, by electronic funds transfer to the account of Landlord as provided to Tenant, base rent (“Base Rent”) as set forth in Section 4 of the Summary, payable in equal monthly installments as set forth in Section 4 of the Summary in advance on or before the first day of each and every calendar month during the Lease Term, without any setoff or deduction whatsoever. The Base Rent for the first full month of the Lease Term shall be paid at the time of Tenant’s execution of this Lease. If any Rent payment date (including the Rent Commencement Date) falls on a day of the month other than the first day of such month or if any payment of Rent is for a period which is shorter than one month, the Rent for any fractional month shall accrue on a daily basis for the period from the date such payment is due to the end of such calendar month or to the end of the Lease Term at a rate per day which is equal to 1/365 of the applicable annual Rent. All other payments or adjustments required to be made under the terms of this Lease that require proration on a time basis shall be prorated on the same basis. Base Rent and Additional Rent, as defined below, shall together be denominated “Rent.” Without limiting the foregoing, Tenant’s obligation to pay Rent shall not be discharged or otherwise affected by any law or regulation now or hereafter applicable to the Premises, or any other restriction on Tenant’s use, or (except as expressly provided herein) any casualty or taking, or any failure by Landlord to perform any covenant contained herein, or any other occurrence.

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