Rent and Late Fees Sample Clauses

Rent and Late Fees. Any unpaid rent, late fees, bad check fees or portions thereof, as provided by the terms of this Lease shall be assessed to Tenant.
Sample 1Sample 2Sample 3See All (8)
AutoNDA by SimpleDocs
Rent and Late Fees. The Tenant agrees to pay to the Landlord, without demand, as rent for the leased premises the sum of $Monthly Rent per month in advance, on the first day of each calendar month, beginning on Date, at such place as the Landlord may from time to time specify in written notice served on the Tenant. In the event the Tenant takes possession of the premises prior to the first day of the month, the rent shall be prorated from the day the lease commences until the end of the first month that the lease commenced in. In the event the rent is not received by the Landlord on or before 5 business days from the date that the rent is due, a late fee of 5% of the amount delinquent will be added to the rent after the 5th business day from the date that the rent is due. Late fees will be charged for each and every month that the rent is not paid on time. Any rent paid will be applied to past due housing debts first and then to current rent. Acceptance of late fees and the rental payment shall not constitute a waiver of the Landlord's rights or remedies. In the event that the rent is not paid on or before 5 business days from the date that the rent is due, the Landlord may also declare the Tenant in default of the lease and terminate this Lease and begin eviction proceedings. In that event, this Lease shall automatically terminate and the Tenant's right of possession hereunder shall terminate. In the event that any of the Tenant's checks are insufficient or not cashable by the Landlord, the Landlord may request all payments, including future payments to be made by cashier's check, money order or certified funds. All bank and other charges, such as insufficient check or returned check charges that are incurred by the Landlord, will be passed on to the Tenant and constitute part of the rent. Failure to pay these sums is an event of default. The Landlord will apply all funds that are received from the Tenant first to any non-rent obligations such as attorney's fees, costs of court, late fees, bank fees and charges, charge backs for repairs, utilities, etc. a. It is further understood that Rent is subject to change to meet legislative or economic requirements. In the event that the Rent is changed, a minimum of 30 days written notice will be given to you. You are subject to any mandated Rent changes, EXCEPT (cross out if not applicable): i. if you are a student rate tenant, the present Lease Contract is at the student rate based on enrollment in nine or more credit hours at Texa...
Sample 1
Rent and Late Fees. Guest will pay $ per month for rent. Payable to “TRMC”. Rent is due on the 1st day of the month. If Guest doesn’t pay all rent on or before the 3rd day of the month, late fees will be assessed and a 24 hour Notice to Vacate the property will be given. Initial late fee $30, plus $5 per day until rent is paid.
Sample 1
Rent and Late Fees. Rent shall be paid to Landlord, at the above address and is due the 1st day of each month. Tenant shall incur $20.00 per day as a late fee for payment of rent received after 4:00pm on the 1st day of the month. NO CASH will be accepted. The rent shall still be considered late if the 1st day of the month falls on a Saturday, Sunday, or Holiday. Tenant agrees to pay promptly the monthly rental installments including utility billing and other charges, without deductions, and to abide by all other terms, covenants and conditions of this lease. A monthly statement from Point West Properties is considered a courtesy, and is not required. In the event Tenant does not receive a monthly statement, he or she is still responsible to have the rent paid on time by the first of the month. Tenant may not withhold or offset the rent for any reason. Notice to one tenant shall be considered a notice to all tenants. There will be a $50 charge for posting a "Demand for Payment of Rent" (3 Day Notice) or "Notice to Comply" for any lease violation. This notice shall not be construed as a waiver of Lessor's right under this lease or by law to evict Tenant for nonpayment of rent. Tenant understands that rent is due by the 1st of the month, and is considered late after 4:00 p.m. on that day. Tenant further understands that late fees are $20/DAY for each rental payment for any rental balance in excess of $200.00
Sample 1
Rent and Late Fees. Tenant shall pay to Landlord rental installments in the amount of $ per month and shall be paid to Landlord or Landlord’s agent at 0000 Xxxx Xxxxxxxx, Xxxxx 000, Xxxxxxxx, Xxxxxxx 00000 or such other place as Landlord may designate in writing. Rental payments are payable in advance on or before the 1st day of each month, commencing on the 1st day of the month following the month first written above. Tenant acknowledges and agrees that all monthly rental payments due hereunder shall be paid via Automated Clearing House (i.e. ACH) payment. Landlord reserves the right to reject any partial monthly rental payment and any monthly rental payment that is not paid via ACH payment. Tenant agrees to pay a non-sufficient funds fee in the amount of twenty-five dollars ($25.00) for any monthly rental payment returned unpaid for any reason. Concurrently with the execution of this agreement, Tenant shall pay Landlord a prorated rental amount for the period from the date first written above to the 1st day of the next month. Upon thirty (30) days written notice to Tenant at the address set forth above, Landlord may increase the amount of the monthly rental payment set forth in this Section 4. Monthly rental payments not received by Landlord on or before the 1st day of each month during the term, shall be subject to a late fee in the amount of two dollars ($2.00) per day and Tenant acknowledges and agrees that said late fee is fair and reasonable in light of all circumstances. A monthly rental payment shall not be considered paid until any associated late fees are also paid. In the event of default by Tenant for nonpayment of rent for a period of thirty (30) days, Landlord shall have a storage lien and may sell personal property of Tenant stored pursuant to all applicable Montana statutory provisions, including but not limited to, Montana Code Annotated Sections 70-6-411, 70-6-412 and 70-6-420 as well as any corresponding provisions of subsequent superseding Montana laws. Additionally, after nonpayment of rent for a period of thirty (30) days, Landlord shall have the right to secure the Leased Premises via “Security Lock.” If Tenant desires to become current under the terms of this agreement after Landlord has placed a “Security Lock” on the Leased Premises, Tenant shall pay a twenty-five dollar ($25.00) fee to Landlord to remove the “Security Lock” on the Leased Premises. The placement of a “Security Lock” on the Leased Premises shall not be deemed a conversion of Tenant’s...
Sample 1
Rent and Late Fees. The Tenant agrees to pay to the Landlord, without demand, as rent for the leased Premises the sum of $ 1195.00 per month in advance, on or before the first day of each calendar month, beginning on 10/10 delivered to Landlord. Landlord may from time to time specify change of above address in written notice served on the Tenant. In the event the Tenant takes possession of the Premises prior to the first day of the month or earlier than the move-in date as contemplated under this Lease, the rent shall be prorated from Tenant’s taking possession until the end of the month in which Tenant takes possession. Tenant and Landlord agree upon a prorated Rent of $ accepted by the Landlord. 809.52 to be paid by the Tenant and Tenant may use any of the approved payment methods indicated below to pay Rent to Landlord as required under this Section:
Sample 1
Rent and Late Fees. 3.1 Lessee shall pay to Lessor the amount of «rent_amount» ($«Rent») per month during the initial term of this Lease Agreement, payable in advance on the first day of each month. 3.2 In the event Xxxxxx’s rent is not paid by 5:00 p.m. on the first day of any month when due, Xxxxxx agrees to pay a late fee of $«F14» plus an additional $«prorate» per day for every day the overdue rent is not paid. As set forth in Section 4.2 below, Lessor may, at its option, apply as much of the Security Deposit as is necessary to cover the unpaid rent and late fees, and Lessee shall be obligated to promptly reimburse the Security Deposit for said amount. The provisions of this Section 3.2 shall in no way be construed to limit any of Lessor’s remedies for breach of this Lease Agreement specified under Section 10 below or elsewhere herein. 3.3 Lessor may but shall not be required to accept monthly rent payments after the date they become due without waiver of or prejudice to its rights under this Lease Agreement; provided, however, that any rent paid after its due date shall be accompanied by any and all late fees specified in Section 3.2 above. 3.4 Lessee may choose the option of having their rent payment taken as a payroll deduction twice a month at a rate of «per_ck_amount» ($«per_check») per pay period, or pay the full amount of the rent to the school district by the 1st of each month. I will pay the $«Rent» to the District by the 1st of each month.
Sample 1
AutoNDA by SimpleDocs
Rent and Late Fees. Tenant agrees to pay to Landlord during the initial term of this lease the sum of $_________________ (which sum includes $_____________ in prorated rent for the period January 26-31, 2001) plus applicable sales tax, said rental to commence on January 26, 2001. Tenant shall pay to Landlord such rent in equal monthly installments (with the exception of the prorated amount for the period January 26-31, 2001, which shall be due and payable on January 26, 2001) of $___________, in advance, without notice, on or before the first of each and every calendar month of the term of this Lease commencing February 1, 2001. Rent shall be payable to: Xxxxxx Supply, Inc., Attention: SBU 6 Rent Accountant, 00 Xxxxx Xxxxxx Xxxxxx, Xxxxx 000, Xxxxxxx, Xxxxxxx 00000, or such other place as Landlord may specify in writing to Tenant from time to time. As to each installment of monthly rent due hereunder which is not timely paid by Tenant to Landlord, Tenant shall pay Landlord a late fee equal to 5% of the installment amount. As to all sums due and payable under this Lease by Tenant to Landlord which are not timely paid, Tenant shall pay to Landlord interest on such past due amounts at the rate of twelve percent (12%) per annum until paid in full.
Sample 1
Rent and Late Fees 
Sample 1

Related to Rent and Late Fees

  • Late Fees All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “Late Fees”) that shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

  • Rent and Security Deposit i. Tenant agrees to pay to Landlord for the Leased Premises in lawful money of the United States rent for the first twelve (12) months of the term hereof at the rate of Fifteen Dollars ($15.00) per square foot of occupied space, in advance, except that the monthly installment which otherwise shall be due on the commencement date recited above, shall be due and payable on the date hereof. Thereafter one such monthly installment shall be due and payable without demand on or before the first day of each calendar month succeeding the commencement date; further provided, that the rental payment for any fractional calendar month at the commencement or end of the Lease term shall be prorated. The rate charged for rent shall increase by $0.50 (Fifty Cents) per year for each such succeeding twelve (12) month period. ii. In addition, Tenant agrees to deposit with Landlord on the date hereof the sum of One Thousand Dollars ($1,000.00), which sum shall be held by Landlord, without obligation for interest, as security for the full, timely and faithful performance of Tenant's covenants and obligations under this Lease, it being expressly understood and agreed that such deposit is not an advance rental deposit or a measure of Landlord's damages in case of Tenant's default. Upon the occurrence of any event of default by Tenant, Landlord may, from time to time, without prejudice to any other remedy provided herein or provided by law, use such funds to the extent necessary to make good any arrears of rent or other payments due to Landlord hereunder, and any other damage, injury, expense or liability caused by any event of Tenant's default; and Tenant shall pay to Landlord on demand the amount so applied in order to restore the security deposit to its original amount. Although the security deposit shall be deemed the property of Landlord, any remaining balance of such deposit shall be returned by Landlord to Tenant at such time after termination of this Lease when Landlord shall have determined that all Tenant's obligations under this Lease have been fulfilled. Subject to the other terms and conditions contained in this Lease, if the Building is conveyed by Landlord, said deposit may be turned over to Landlord's grantee, and if so, Tenant hereby releases Landlord from any and all liability with respect to said deposit and its application or return.

  • Late Fee All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

  • RENT AND CHARGES To pay the Rent at the times and in the manner specified in The Particulars whether or not it has been formally demanded.

  • Minimum Rent The defined term “Minimum Rent” set forth in Section 1.66 of the Lease is deleted in its entirety and replaced with the following:

  • Additional Rent 3.3.1. In addition to the Monthly Base Rent and other sums to be paid by Tenant to Landlord, Tenant shall pay to Landlord as additional rent the amount by which Tenant's share of Operating Expenses (defined below) for any lease year or part thereof during the term exceeds Tenant's Expense Stop Base, as set forth in the Basic Lease Provisions. Tenant's share of Operating Expenses shall be an amount equal to the product of the Operating Expenses multiplied by Tenant's Operating Expense Percentage specified in the Basic Lease Provisions. For partial lease years during the term, the annual Operating Expenses and Tenant's Expense Stop Base shall be prorated on a daily basis using a 30-day month and 360-day year to determine the amount of additional rent due to Landlord. 3.3.2. Landlord shall be entitled to make an estimate of Operating Expenses projected for each lease year. Landlord shall be entitled to revise such estimate at any time and from time to time during the lease year to increase or decrease the estimate of Operating Expenses. If Landlord notifies Tenant that Landlord's estimate (or any revised estimate) of Operating Expenses would result in an obligation of Tenant to pay additional rent, then upon request by Landlord, Tenant shall pay one-twelfth (1/12) of such estimated additional rent on the first day of each month in advance together with the Monthly Base Rent. If Landlord shall so notify Tenant after the commencement of a lease year, then with the next payment of rent due, Tenant shall also pay to Landlord one-twelfth (1/12) of such estimated additional rent for each month of such lease year which has already elapsed. 3.3.3. Landlord shall provide Tenant with an annual statement showing Tenant's share of the annual Operating Expenses over Tenant's Expense Stop Base, if any, for the prior lease year, together with any proration. Landlord shall use all reasonable efforts to deliver the annual statement within one hundred twenty (120) days after the end of the lease year; provided, however, that failure of Landlord to deliver the annual statement within such period shall not impair or constitute a waiver of Tenant's obligations to pay additional rent or cause Landlord to incur any obligation for damages. If the amount of the additional rent due for the lease year exceeds any amount paid by Tenant as estimated additional rent for such lease year, then Tenant shall pay such excess to Landlord within ten (10) days of receipt of Landlord's statement. If the amounts paid as estimated additional rent for a lease year exceed the amount of Tenant's obligation shown on the annual statement, then Tenant shall be entitled to a credit against monthly installments of estimated additional rent due for the then current year. If no further sums of additional rent are or will become due against which the excess can be credited, then, subject to offset at Landlord's election against other sums owed by Tenant, Landlord shall pay such excess to Tenant within ten (10) days after delivery of the annual statement. All obligations to pay additional rent and/or the obligation of Landlord to credit or reimburse Tenant for any excess payment of estimated additional rent shall survive expiration of the term or earlier termination of this Lease. 3.3.4. Tenant shall have a period of thirty (30) days after delivery of the annual statement of Operating Expenses to question or challenge the amount shown thereon by giving written notice to Landlord specifying the items which are challenged. Tenant waives and relinquishes the right to challenge or object to the amounts shown at any time after expiration of such thirty (30) day period. If Tenant timely challenges any item shown on the annual statement, Tenant shall then have a period of sixty (60) days in which to inspect, during business hours upon reasonable written notice to Landlord at Landlord's office, Landlord's records relating to the challenged item or items. Tenant shall give written notice to Landlord prior to expiration of such sixty (60) days of whether Tenant continues to challenge any of the items originally objected to, in which case a certification as to proper amount shall be made by Landlord's independent certified public accountant, which certification shall be final and conclusive. The cost of such review shall be paid by Tenant, unless such review reveals an error resulting in an overcharge to Tenant of five percent (5%) or more, in which case the cost of such review shall be paid by Landlord. If Tenant fails to review the records or fails to give timely written notice to Landlord that it continues to object, then Tenant shall be deemed to have waived its objection and shall have no further right to challenge or object thereto. Notwithstanding any objection or challenge of Tenant, Tenant shall pay the amount claimed by Landlord to be due as and when provided for herein, pending the resolution of Tenant's objection.

  • Base Rent Lessee shall pay Base Rent and other rent or charges, as the same may be adjusted from time to time, to Lessor in lawful money of the United States, without offset or deduction, on or before the day on which it is due under the terms of this Lease. Base Rent and all other rent and charges for any period during the term hereof which is for less than one full month shall be prorated based upon the actual number of days of the month involved. Payment of Base Rent and other charges shall be made to Lessor at its address stated herein or to such other persons or at such other addresses as Lessor may from time to time designate in writing to Lessee.

  • Interest and Late Charges If Tenant fails to pay when due any Rent or other amounts or charges which Tenant is obligated to pay under the terms of this Lease, the unpaid amounts shall bear interest at the maximum rate then allowed by law. Tenant acknowledges that the late payment of any Monthly Installment of Base Rent will cause Landlord to lose the use of that money and incur costs and expenses not contemplated under this Lease, including without limitation, administrative and collection costs and processing and accounting expenses, the exact amount of which is extremely difficult to ascertain. Therefore, in addition to interest, if any such installment is not received by Landlord within ten (10) days from the date it is due, Tenant shall pay Landlord a late charge equal to ten percent (10%) of such installment. Landlord and Tenant agree that this late charge represents a reasonable estimate of such costs and expenses and is fair compensation to Landlord for the loss suffered from such nonpayment by Tenant. Acceptance of any interest or late charge shall not constitute a waiver of Tenant's default with respect to such nonpayment by Tenant nor prevent Landlord from exercising any other rights or remedies available to Landlord under this Lease.

  • Service Fees and Additional Charges Any applicable fees will be charged regardless of whether the Service was used during the billing cycle. There may be a charge for additional transactions and other optional services. You agree to pay such charges and authorize the Service to deduct the calculated amount from your designated Billing Account for these amounts and any additional charges that may be incurred by you. Any financial fees associated with your standard deposit accounts will continue to apply. You are responsible for any and all telephone access fees and/or Internet service fees that may be assessed by your telephone and/or Internet service provider.

  • Monthly Rent a. Commencing as of the Commencement Date, and continuing thereafter on or before the first day of each calendar month during the term hereof, Tenant shall pay to Landlord, as monthly rent for the Premises, the Monthly Rent specified in Paragraph 2 above. If Tenant’s obligation to pay Monthly Rent hereunder commences on a day other than the first day of a calendar month, or if the term of this Lease terminates on a day other than the last day of a calendar month, then the Monthly Rent payable for such partial month shall be appropriately prorated on the basis of a thirty (30)-day month. Monthly Rent and the Additional Rent specified in Paragraph 7 shall he paid by Tenant to Landlord, in advance, without deduction, offset, prior notice or demand, in immediately available funds of lawful money of the United States of America, or by good check as described below, to the lockbox location designated by Landlord, or to such other person or at such other place as Landlord may from time to time designate in writing. Payments made by check must be drawn either on a California financial institution or on a financial institution that is a member of the federal reserve system. Notwithstanding the foregoing, Tenant shall pay to Landlord together with Tenant’s execution of this Lease an amount equal to the Monthly Rent payable for the first full calendar month of the Lease term after Tenant’s obligation to pay Monthly Rent shall have commenced hereunder, which amount shall be applied to the Monthly Rent first due and payable hereunder. b. All amounts payable by Tenant to Landlord under this Lease, or otherwise payable in connection with Tenant’s occupancy of the Premises, in addition to the Monthly Rent hereunder and Additional Rent under Paragraph 7, shall constitute rent owed by Tenant to Landlord hereunder. c. Any rent not paid by Tenant to Landlord when due shall bear interest from the date due to the date of payment by Tenant at an annual rate of interest (the “Interest Rate”) equal to the lesser of (i) twelve percent (12%) per annum or (ii) the maximum annual interest rate allowed by law on such due date for business loans (not primarily for personal, family or household purposes) not exempt from the usury law. Notwithstanding the foregoing, Landlord shall give Tenant notice of non-payment of rent when due and five (5) days after delivery of such notice to cure such non-payment once in each calendar year before assessing interest in such calendar year pursuant to this Paragraph 5.c. Failure by Tenant to pay rent when due, including any interest accrued under this subparagraph, shall constitute an Event of Default (as defined in Paragraph 25 below) giving rise to all the remedies afforded Landlord under this Lease and at law for nonpayment of rent. d. No security or guaranty which may now or hereafter be furnished to Landlord for the payment of rent due hereunder or for the performance by Tenant of the other terms of this Lease shall in any way be a bar or defense to any of Landlord’s remedies under this Lease or at law. e. Notwithstanding anything to the contrary in this Lease: (i) in no event may any rent under this Lease be based in whole or in part on the income or profits derived from the Premises, except for percentage rent based on gross (not net) receipts or sales; (ii) if the holder of a Superior Interest (as defined in Paragraph 21 below) succeeds to Landlord’s interest in the Lease (“Successor Landlord”) and the Successor Landlord is advised by its counsel that all or any portion of the rent payable under this Lease is or may be deemed to be “unrelated business income” within the meaning of the Internal Revenue Code or regulations issued thereunder, such Successor Landlord may, at its option, unilaterally amend the calculation of rent so that none of the rent payable to Landlord under the Lease will constitute “unrelated business income,” but the amendment will not increase Tenant’s payment obligations or other liability under this Lease or reduce the Landlord’s obligations under this Lease and (iii) upon the Successor Landlord’s request, Tenant shall execute any document such holder deems necessary to effect the foregoing amendment to this Lease.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!