Rent and Payment Terms Sample Clauses

Rent and Payment Terms. 9.1 In payment of the rent for leasing the leased premises, which are the subject of this agreement, the Lessee undertakes to pay the Lessor monthly rent in the amount of $13 per 1 m2, in the meaning of the dollar as construed in clause 2 above and a total of $2,769. 9.2 In addition to the rent, Value Added Tax (hereafter "VAT") shall apply to and shall be paid by the Lessee in relation to the lease according to this agreement at the rate in force on the actual payment date of the rent and shall be paid to the Lessor 3 days prior to the date required by law for paying VAT, against receipt of a legal invoice from the Lessor. 9.3 The Lessee shall pay the rent to the Lessor in advance for every three months of lease with the addition of the legal VAT, starting from handing over the premises, on the first day of the first month of every three lease months, as aforementioned (for example, on January 1st, April 1st, etc.), through a bank standing order, linked to the CPI, payable directly to the Lessor's account. Rent for the period from starting the lease up to the first day of the nearest quarter shall be paid on the execution date of this agreement. 9.4 The violation of any provision of the provisions of this clause consists a material breach of the agreement.
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Rent and Payment Terms. 1) The monthly rent for the period from April 1, 2024 to March 31, 2025 shall be 1200 US dollars (Business tax excluded). 2) The rent payment is based on the principle of renting first and paying later, that is, LXXXXX pays the current year’s rent before the end of each fiscal year.The LESSEE shall transmit the rent into the following bank account designated by the LESSOR (“Designated Account”) and shall not delay or refuse to make such payment for any reason. Bank: Bank Sinopac, Nx.00, Xxx.0, Xxxxxxx X. Xx., Xxxxxx, Xxxxxx SWIFT Code： SXXXXXXX Account Number: [***] Account Name: KX XXXX XXX The LESSOR shall issue an invoice to the LESSEE within five (5) days after the receipt of each rent payment.
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Rent and Payment Terms. 1. Both Parties agree the whole rental for leased space shall be XXX000, 000 (xxx XXX Four Hundred Thousand only) and shall cover hall management fee, general cleaning, power boxes, electricity, security service at the main entrance (2 guards), outdoor building lights, 2-hour fountain, kitchen, air conditioning from 16:00-24:00pm on December 3rd and 50 parking lots. 2. Party B shall pay the lease rental, totaling RMB400, 000, to Party A by 20:00pm December 2nd, 2013. 3. Payment of Party B shall be made via check or bank transfer to Party A. Bank transfer shall be deemed complete when Party A’s designated bank account has acknowledged receipt of the remittance. 4. If the payment is delayed or overdue, Party A is entitled the rights to claim the liquidated damages as breach of Party B.
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Rent and Payment Terms. 1.6.1. The Tenant shall pay Rent to the Landlord from the first date of the handover of the Object. 1.6.2. Rent for the Space is ( ) euros per month, plus VAT. 1.6.3. Rent is due on the 10th (tenth) calendar day of the current month.
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Rent and Payment Terms. 10. Party A and Party B have agreed that, the rent per day per square meter of the floorage of this premise shall be (RMB)
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Rent and Payment Terms. 5.1. Total monthly fee, defined by the Agreement amounts to USD 1000 (one thousand) (hereinafter the “Rent”). 5.2. The Tenant is liable to pay the Rent for each following month between 1st and 10th day of the month. Under the Agreement of the Parties, upon execution of this Agreement, the Tenant shall pay the Landlord the first and last months’ rent payments together in the amount of USD 2000 (two thousands). 5.3. All Rent payments under this Agreement shall be made in national currency at the exchange rate fixed by the National Bank of Georgian for the date of payment. 5.4. The Landlord shall be responsible for payment the income tax related with Rent under applicable Georgian legislation. Prior to signing this Agreement, the Tenant has presented to the Landlord a Tax Payer Certificate issued to its name by the LEPL Revenue Service. 5.5. The Tenant shall pay the Rent in agreed terms as per this Agreement to the account of the Landlord IBAN :XX00XX0000000000000000, SWIFT: XXXXXX00 held with JSC TBC Bank, Tbilisi, Georgia.
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Rent and Payment Terms. 1. The rent for the first year of the lease shall be calculated at a rate of RMB 1.7 per square meter per day, amounting to RMB 702,406 (in words: Seven Hundred Two Thousand and Four Hundred Six Yuan Only). The rent for the second and third years shall increase by 5% from the first year’s rent, totaling RMB 737,526 (in words: Seven Hundred Thirty-Seven Thousand and Five Hundred Twenty-Six Yuan Only). The rent for the fourth and fifth years shall increase by 5% from the third year’s rent, amounting to RMB 774,402 (in words: Seven Hundred Seventy-Four Thousand and Four Hundred Two Yuan Only). The rent stated above is inclusive of taxes but does not include the costs for water, electricity, property management, telephone, television, internet, parking, energy consumption, air conditioning, and other charges for the leased property, which Party B shall bear separately. Rent shall be paid semi-annually. Party B shall pay the rent in advance before occupying the premises. Each rental payment shall be made one month prior to the start of the rental period, with payments due on June 14 and December 14 of each year. 2. Party B shall pay the first semi-annual rental amounting to RMB 351,203 (in words: Three Hundred Fifty-One Thousand and Two Hundred Three Yuan) within seven (7) days after the execution of this Agreement. The security deposit shall be in the amount of RMB 58,533.83 (in words: Fifty-Eight Thousand Five Hundred Thirty-Three Yuan and Eighty-Three Cent), which is equivalent to one month’s rent based on the first year’s annual rent. This security deposit will be refunded without interest at the end of the lease term, subject to the following conditions: Party B has vacated the premises and returned the property, including all facilities and equipment, in good condition; Party A has verified that all facilities and equipment are in satisfactory condition; and Party B has paid all outstanding fees. In the event that Party B terminates this Agreement without cause during the lease term, Party A shall have the right to retain the security deposit.
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Rent and Payment Terms 
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Related to Rent and Payment Terms

  • Price and Payment Terms 3.1 In consideration of the provision of Services by Provider as may be requested by the Trust pursuant to a SOW, and subject to the terms of this Agreement, the Trust will pay Provider the SOW Agreement Amount or SOW Fees as defined in and set forth in each executed SOW (or SOW Modification Memorandum issued by the Trust) for the Services expressly authorized in each such SOW. 3.2 Where the Services are provided on a time and materials basis, the fees payable for the Services shall be calculated in accordance with Provider's hourly fee rates as set forth in the executed SOW, or if no hourly fee rates are {P0398105.10} specified in the SOW, then in accordance with the hourly fee rates set forth in Provider’s Proposal, which rates in all cases include all wages, taxes, overhead, general and administrative expenses, and profit. Services shall be provided by the personnel designated in the SOW or Proposal and Provider shall not increase the hourly fee rates unless expressly agreed in writing in advance by the Trust. The Trust will reimburse Provider for reasonable and necessary direct costs and expenses, without xxxx-up. Provider shall exercise best efforts to perform and deliver the Services in the most efficient and cost effective manner, assigning only that level of staffing as is reasonably necessary to perform the particular task(s) at issue. Provider agrees to implement reasonable cost control measures so as to enable the full performance of Services as specified in an SOW within the Trust’s specified not to exceed SOW Fee. Provider shall issue invoices to the Trust monthly in arrears for its fees for the immediately preceding month, together with a detailed breakdown of allowable expenses for such month incurred in accordance with this Agreement. The total payments to Provider for Services specified in an executed SOW shall not exceed the SOW Fee set forth in the SOW unless expressly authorized in advance by the Trust through a written SOW Modification Memorandum. The parties agree that after the initial 24 months of the Term, for Services provided on a time and materials basis, Provider may increase its standard hourly fee rates specified in the applicable SOW upon written notice to the Trust; provided, that: (i) Provider provides the Trust written notice of such increase at least 90 days prior to the effective date of such increase; (ii) such increases occur no more frequently than once per contract year; and (iii) the amount of such increase shall not exceed the lesser of: (a) the percentage rate of increase for the immediately preceding 12-month period in the Consumer Price Index, All Urban Consumers, United States, All Items (1982 - 1984 = 100), as published by the Bureau of Labor Statistics of the United States Department of Labor or, if such index is not available, such other index as the parties may agree most closely resembles such index; or (b) three percent (3%). 3.3 Where Services are provided for a fixed price, the total fee for the Services shall be the amount set forth in the applicable SOW as the SOW Agreement Amount. The SOW Agreement Amount includes payment for all Services and materials and includes all Provider administrative and operating expenses with respect to the Services. The SOW Agreement Amount shall be paid to Provider upon completion and delivery of all required Services under an executed SOW and presentation of a final invoice by Provider. 3.4 Notwithstanding Section 3.3 of this Agreement, for certain Services to be performed at a fixed price, the Trust may require that an SOW provide for periodic payment of the SOW Agreement Amount in installments upon achievement of agreed upon milestones by specifying such method in an SOW. In such case, the SOW Agreement Amount shall be paid to Provider in installments, with each installment being conditioned on Provider achieving the corresponding milestone as set forth in the SOW (“Project Milestone”). On achieving a Project Milestone in respect of which an installment is due, Provider shall issue an invoice to the Trust for the amounts that are then payable. The Trust may require that Provider produce documentation or other evidence of satisfaction of each Project Milestone as a condition of payment. The total payments to Provider for Services specified in an executed SOW shall not exceed the SOW Agreement Amount in the SOW unless expressly authorized in advance by the Trust through a written SOW Modification Memorandum. 3.5 Provider invoices must be submitted on Trust approved forms and must contain sufficient detail to allow proper cost allocation. Invoices must be accompanied by supporting documentation for all charges and costs. In lieu of mailing, invoices and supporting documentation may be submitted via electronic mail to xxxxxxxxxxxxxxx@xxxxxxxxxxxxxxx.xxx, with a copy to the Trust’s designated Agreement Administrator. Invoices require the following: (a) All invoices must include the Services Agreement number. (b) All invoices must include Provider’s name and Federal Tax ID Number. (c) For a time and materials contract, all invoices must include a breakdown of work performed and expenses incurred during the invoice period and indicate the personnel who performed the services, the date of service, the nature of the work, the duration of the work, the rate charged therefor, and the cost of materials. 3.6 By submitting any invoice or request for reimbursement, Provider is representing that the Services or costs identified in the invoice or request for reimbursement have actually been performed, provided or expended, are within the scope of the executed SOW, and that such costs and expenses are allowable in accordance with this Agreement. Provider will not be paid for any time, material, expense or services outside of an SOW or in excess of the SOW Fees or SOW Agreement Amount specified in an executed SOW unless expressly agreed in writing in advance by the Trust.

  • Fees and Payment Terms 4.1. When Customer’s Fees are Due: All Fees charged under the Agreement are due and payable on the due date quoted on the invoices generated by Aptum, unless otherwise agreed to in writing by the Parties. Invoices shall be issued in accordance with the applicable Product Terms.

  • Compensation and Payment Terms (a) Contractor's fees for the Services shall be calculated at the rate(s) set forth in Contractor's Fee Summary in Exhibit "A" attached hereto. The Maximum Compensation to Contractor for the Services performed under this Agreement is Seven Hundred Seventy Nine Thousand Forty Five and 62/100 Dollars ($779,045.62). In no event shall the amount paid by County to Contractor under this Agreement exceed said Maximum Compensation without an approved change order. (b) Contractor understands and agrees that the Maximum Compensation stated is an all-inclusive amount and no additional fee, cost or reimbursed expense shall be added whatsoever to the fees stated in the attached Attachment "A." (c) County will pay Contractor based on the following procedures: Upon completion of the tasks identified in the Scope of Services, Contractor shall submit to County staff person designated by the County Engineer, one (1) electronic (pdf) copy of the invoice showing the amounts due for services performed in a form acceptable to County. County shall review such invoices and approve them within 30 calendar days with such modifications as are consistent with this Agreement and forward same to the Auditor for processing. County shall pay each such approved invoice within thirty (30) calendar days. County reserves the right to withhold payment pending verification of satisfactory work performed.

  • Purchase Price and Payment Terms The Customer shall pay to Elevator Contractor for the Work specified in paragraph one of this contract the sum of Twenty-Nine Thousand One Hundred Dollars ($29,100.00), plus the cost of any Customer Selected Options, the “Purchase Price”, in accordance with the following schedule: • $17,500.00, Plus the cost of any Customer Selected Options, (“First Payment”) shall be due upon contract signing. The first payment shall be considered a non-refundable deposit which shall become the property of Elevator Contractor should this contract be cancelled by the Customer at any time or should the Customer be in default of this Contract, and, if the Elevator Contractor’s reasonable and fully documented costs and expenses incurred in connection with this Contract exceed the non-refundable deposit amount, the Customer agrees to reimburse the Elevator Contractor for the excess. • $8,700.00, payment (“Second Payment”) of the Purchase Price shall be due upon delivery of the Goods to the Customer’s job location and prior to the commencement of installation. • $2,900.00, payment (“Third Payment”) of the Purchase Price shall be paid to Elevator Contractor when the installations of the Goods are substantially complete and prior to turnover to customer. Customer agrees to permit Elevator Contractor to commence installation within one week of Elevator Contractor’s receipt of equipment from the factory. If the installation is delayed, halted or interrupted for any other reason beyond the control of Elevator Contractor, (including but not limited to Customer not having permanent power at the installation site) the balance due, less the sum of one thousand dollars, is to be paid to Elevator Contractor at that time. The balance of one thousand dollars shall be paid by Customer to Elevator Contractor within 10 days of completion of installation. In the event the Customer fails to; (a) submit approved drawings for production of the Equipment (b) permit the Elevator Contractor to commence installation following receipt of equipment, (c) fails to or ensure work by others is completed in a timely manner to enable the Elevator Contractor to complete its work, (d) fails to make any payment when due, the Elevator Contractor shall be permitted to cease work and cancel the contract without further obligation or penalty. 8/11/2020 Page 1 of 6 Elevator Contractor Initial Customer Initial All payments are to be made payable to Florida Lifts LLC and sent to: Florida Lifts LLC X.X. Xxx 000000 Xxxxxxx Xxxxx, XX. 33704-0708 Customer agrees to pay late fees at a rate of 1% per month on all amounts past due.

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