Common use of Rent and Payment Clause in Contracts

Rent and Payment. Pursuant to Article 4 of Law 431/98 and to Articles 5 and following of the Territorial Agreements (dated 25.06.2020) on residential rental rates to be applied in the Municipality of Xxxxxxxx, the rent for the flat in question is established at EUR ……. , which the Tenant shall pay in …… monthly installments, each of the sum of EUR to be paid no later than the 10th day of each month. This agreed rental fee is already inclusive of any increments, as provided for in Xxxxxxx 0 (xxxxxxx xxxx) and Article 13 (temporary nature) of the above-mentioned Territorial Agreements. The Tenant undertakes to pay the rent by bank transfer to the Institute’s account, as follows: ISTITUTO UNIVERSITARIO EUROPEO, c/o o BANCA INTESA SAN PAOLO IBAN XX00 X000 0000 0000 0000 0000 000 BIC CODE XXXXXXXX. In order to ensure that payment transactions are performed efficiently, Tenants are advised to open an account in the EUI bank. If the bank where the Tenant holds their current account is not within the SEPA (Single Euro Payment Area) circuit, it will be necessarily for the Tenant to open a bank account at an institution that is. Payment shall not be delayed or withheld by the Tenant for any reason whatsoever. The Tenant shall be considered in breach of contract if they fails to pay, or delay payment, for any reason, even of just one rental fee installment (or of any other sum due, equal to or greater than one month's rent)—with exception of what is intended in Article 55 of Law n. 392/78. In the event that the Institute ascertains that the Tenant has failed to pay the rent or any other amount due, the Institute reserves the right to block the release of funds due to the Tenant; funds shall be blocked 10 days after the Institute notifies the Tenant of its intention to do so.

Appears in 4 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

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Rent and Payment. Pursuant to Article 4 5 of Law 431/98 the above-mentioned Ministerial Decree and to Articles 5 (and following ff.) of the Territorial Agreements (dated 25.06.202001.11.2017) on residential rental rates to be applied in the Municipality of Xxxxxxxx, the rent for the flat in question is established at EUR …. , which the Tenant shall pay in … monthly installments, each of for the sum of EUR ..... to be paid no later than the 10th day of each month. This agreed rental fee is already inclusive of any increments, increments as provided for in Xxxxxxx 0 (xxxxxxx xxxx) and Article 13 (temporary nature) of the above-mentioned Territorial Agreements. The Tenant undertakes to pay the rent by bank transfer to the Institute’s account, as follows: ISTITUTO UNIVERSITARIO EUROPEO, c/o o BANCA INTESA SAN PAOLO IBAN XX00 X000 0000 0000 0000 0000 000 BIC CODE XXXXXXXX. In order to ensure that payment transactions are performed efficiently, Tenants are advised to open an account in the EUI bank. If the bank where the Tenant holds their his/her current account is not within the SEPA (Single Euro Payment Area) circuit, it will be necessarily for the Tenant to open a bank account at an institution that is. Payment shall not be delayed or withheld by the Tenant for any reason whatsoever. The Tenant shall be considered in breach of contract if they he/she fails to pay, or delay delays payment, for any reason, even of just one rental fee installment (or of any other sum due, equal to or greater than one month's rent)—with exception of what is intended in Article 55 of Law n. 392/78rent). In the event that the Institute ascertains that the Tenant has failed to pay the rent or any other amount due, the Institute reserves the right to block the release of funds due to the Tenant; funds shall be blocked 10 days after the Institute notifies the Tenant of its intention to do so.

Appears in 4 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

Rent and Payment. Pursuant to Article 4 5 of Law 431/98 the above-mentioned Ministerial Decree and to Articles 5 (and following ff.) of the Territorial Agreements (dated 25.06.202001.11.2017) on residential rental rates to be applied in the Municipality of Xxxxxxxx, the rent for the flat in question is established at EUR …. , which the Tenant shall pay in …… 12 monthly installments, each of for the sum of EUR to be paid no later than the 10th day of each month. This agreed rental fee is already inclusive of any increments, increments as provided for in Xxxxxxx 0 (xxxxxxx xxxx) and Article 13 (temporary nature) of the above-mentioned Territorial Agreements. The Tenant undertakes to pay the rent by bank transfer to the Institute’s account, as follows: ISTITUTO UNIVERSITARIO EUROPEO, c/o o BANCA INTESA SAN PAOLO IBAN XX00 X000 0000 0000 0000 0000 000 BIC CODE XXXXXXXX. In order to ensure that payment transactions are performed efficiently, Tenants are advised to open an account in the EUI bank. If the bank where the Tenant holds their his/her current account is not within the SEPA (Single Euro Payment Area) circuit, it will be necessarily for the Tenant to open a bank account at an institution that is. Payment shall not be delayed or withheld by the Tenant for any reason whatsoever. The Tenant shall be considered in breach of contract if they he/she fails to pay, or delay delays payment, for any reason, even of just one rental fee installment (or of any other sum due, equal to or greater than one month's rent)—with exception of what is intended in Article 55 of Law n. 392/78rent). In the event that the Institute ascertains that the Tenant has failed to pay the rent or any other amount due, the Institute reserves the right to block the release of funds due to the Tenant; funds shall be blocked 10 days after the Institute notifies the Tenant of its intention to do so.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement

Rent and Payment. Pursuant to Article 4 5 of Law 431/98 the above-mentioned Ministerial Decree and to Articles 5 (and following ff.) of the Territorial Agreements (dated 25.06.202001.11.2017) on residential rental rates to be applied in the Municipality of Xxxxxxxx, the rent for the flat in question is established at EUR …. , which the Tenant shall pay in …… 12 monthly installments, each of for the sum of EUR to be paid no later than the 10th day of each month. This agreed rental fee is already inclusive of any increments, increments as provided for in Xxxxxxx 0 (xxxxxxx xxxx) and Article 13 (temporary nature) of the above-mentioned Territorial Agreements. The Tenant undertakes to pay the rent by bank transfer to the Institute’s account, as follows: ISTITUTO UNIVERSITARIO EUROPEO, c/o o BANCA INTESA SAN PAOLO IBAN XX00 X000 0000 0000 0000 0000 000 BIC CODE XXXXXXXX. In order to ensure that payment transactions are performed efficiently, Tenants are advised to open an account in with the EUI Cassa di Risparmio di Firenze bank. If the bank where the Tenant holds their his/her current account is not within the SEPA (Single Euro Payment Area) circuit, it will be necessarily for the Tenant to open a bank account at an institution that is. Payment shall not be delayed or withheld by the Tenant for any reason whatsoever. The Tenant shall be considered in breach of contract if they he/she fails to pay, or delay delays payment, for any reason, even of just one rental fee installment (or of any other sum due, equal to or greater than one month's rent)—with exception of what is intended in Article 55 of Law n. 392/78rent). In the event that the Institute ascertains that the Tenant has failed to pay the rent or any other amount due, the Institute reserves the right to block the release of funds due to the Tenant; funds shall be blocked 10 days after the Institute notifies the Tenant of its intention to do so.

Appears in 1 contract

Samples: Lease Agreement

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Rent and Payment. Pursuant to Article 4 5 of Law 431/98 the above-mentioned Ministerial Decree and to Articles 5 (and following ff.) of the Territorial Agreements (dated 25.06.202001.11.2017) on residential rental rates to be applied in the Municipality of Xxxxxxxx, the rent for the flat in question is established at EUR …. , which the Tenant shall pay in … monthly installments, each of for the sum of EUR ..... to be paid no later than the 10th day of each month. This agreed rental fee is already inclusive of any increments, increments as provided for in Xxxxxxx 0 (xxxxxxx xxxx) and Article 13 (temporary nature) of the above-mentioned Territorial Agreements. The Tenant undertakes to pay the rent by bank transfer to the Institute’s account, as follows: ISTITUTO UNIVERSITARIO EUROPEO, c/o o BANCA INTESA SAN PAOLO IBAN XX00 X000 0000 0000 0000 0000 000 BIC CODE XXXXXXXX. In order to ensure that payment transactions are performed efficiently, Tenants are advised to open an account in with the EUI Cassa di Risparmio di Firenze bank. If the bank where the Tenant holds their his/her current account is not within the SEPA (Single Euro Payment Area) circuit, it will be necessarily for the Tenant to open a bank account at an institution that is. Payment shall not be delayed or withheld by the Tenant for any reason whatsoever. The Tenant shall be considered in breach of contract if they he/she fails to pay, or delay delays payment, for any reason, even of just one rental fee installment (or of any other sum due, equal to or greater than one month's rent)—with exception of what is intended in Article 55 of Law n. 392/78rent). In the event that the Institute ascertains that the Tenant has failed to pay the rent or any other amount due, the Institute reserves the right to block the release of funds due to the Tenant; funds shall be blocked 10 days after the Institute notifies the Tenant of its intention to do so.

Appears in 1 contract

Samples: Lease Agreement

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