Common use of Rent and Payments Clause in Contracts

Rent and Payments. Rent to be paid by lessee for the premises is $ per month, subject to the following: (a) Rent is payable monthly in advance on or before the first day of each month, except that the first month's rent shall be paid at the time of signature of this lease. (b) Rent is payable at lessor's address stated in paragraph 1 unless lessor notifies lessee of a different address. (c) A late charge (deemed additional rent) of $5.00 per day shall be due if rent is paid on or after the sixth day of the month. The late charge for a month shall be retroactive to the first day of the month and computed through the date of full rent payment for the month or the last day of the month, whichever is earlier. (d) Rent shall be pro-rated for any partial months included in the lease term. (e) Absent lessor's contrary agreement, payments by lessee shall be credited to first to delinquent and current charges owed by lessee other than late charges or rent, second to delinquent and current late charges, third to delinquent rent, and last to current rent, regardless of any notations to the contrary on lessee's check or other payment advice. (f) Lessee agrees that any check returned unpaid by a bank for any reason shall be deemed nonpayment and shall be subject to late charges, an administrative charge of $35.00, and bank charges incurred by lessor, all of which shall be deemed additional rent. (g) Lessee agrees to pay all returned checks in the form of cash, cashier's check, money order, or check drawn on the Federal Reserve by a member bank. (h) Lessor will not accept a personal check from any lessee whose checks have been returned unpaid by a bank more than twice. (i) Nonpayment of any amount described in this lease as additional rent shall entitle lessor to pursue all available legal remedies for nonpayment of rent.

Appears in 1 contract

Samples: Residential Lease Agreement

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Rent and Payments. Rent to be paid by lessee for the premises is $ per month, subject to the following: (a) Rent is payable monthly in advance on or before the first day of each month, except that the first month's ’s rent shall be paid at the time of signature of this lease. (b) Rent for the second and succeeding months is payable at only by ACH debit (direct transfer from lessee’s bank account to lessor's address stated in paragraph 1 unless lessor notifies ’s bank account), and lessee of a different addressagrees to provide any information and authorization necessary to establish such ACH debit payments. (c) A late charge (deemed additional rent) of fifty-dollars ($5.00 per day 50.00) shall be due if rent is paid on or after the sixth day of the month. The late charge for a month shall be retroactive to the first day of the month and computed through the date of full rent payment for the month or the last day of the month, whichever is earlier. (d) Rent shall be pro-rated for any partial months included in the lease term. (e) Absent lessor's ’s contrary agreement, payments by lessee shall be credited to first to delinquent and current charges owed by lessee other than late charges or rent, second to delinquent and current late charges, third to delinquent rent, and last to current rent, regardless of any notations to the contrary on lessee's ’s check or other payment advice. (f) Lessee agrees that any check returned unpaid by a bank for any reason shall be deemed nonpayment and shall be subject to late charges, an administrative charge of fifty-dollars ($35.0050.00), and bank charges incurred by lessor, all of which shall be deemed additional rent. (g) Lessee agrees to pay all returned checks in the form of cash, cashier's ’s check, money order, or check drawn on the Federal Reserve by a member bank. (h) Lessor will not accept a personal check from any lessee whose checks have been returned unpaid by a bank more than twice. (i) Nonpayment of any amount described in this lease as additional rent shall entitle lessor to pursue all available legal remedies for nonpayment of rent.

Appears in 1 contract

Samples: Residential Lease Agreement

Rent and Payments. Rent to be paid by lessee for the premises is $ per month, subject to the following: (a) Rent is payable monthly in advance on or before the first day of each month, except that the first month's rent shall be paid at the time of signature of this lease. (b) Rent is payable at lessor's ’s address stated in paragraph 1 unless lessor notifies lessee of a different address. (c) A An initial late charge (deemed additional rent) of $5.00 per day 50.00 shall be due if rent is paid on or after the sixth (6th) day of the monthmonth plus a late charge of $5.00 per day after that until paid in full. The late charge for a month shall be retroactive to the first day of the month and computed through the date of full rent payment for the month or the last day of the month, whichever is earlier. (d) Rent shall be pro-rated for any partial months included in the lease term. (e) Absent lessor's ’s contrary agreement, payments by lessee xxxxxx shall be credited to first to delinquent and current charges owed by lessee other than late charges or rent, second to delinquent and current late charges, third to delinquent rent, and last to current rent, regardless of any notations to the contrary on lessee's xxxxxx’s check or other payment advice. (f) Lessee Xxxxxx agrees that any check returned unpaid by a bank for any reason shall be deemed nonpayment and shall be subject to late charges, an administrative charge of $35.0075.00, and bank charges incurred by lessor, all of which shall be deemed additional rent. (g) Lessee Xxxxxx agrees to pay all returned checks in the form of cash, cashier's ’s check, money order, or check drawn on the Federal Reserve by a member bank. (h) Lessor will not accept a personal check from any lessee whose checks have been returned unpaid by a bank more than twice. (i) Nonpayment of any amount described in this lease as additional rent shall entitle lessor to pursue all available legal remedies for nonpayment of rent.

Appears in 1 contract

Samples: Residential Lease Agreement

Rent and Payments. Rent to be paid by lessee for the premises is $ per month, subject to the following: (a) Rent is payable monthly in advance on or before the first 1st day of each month, except that the first month's rent shall be paid at the time of signature of this lease. (b) Rent is payable at lessor's address stated in paragraph 1 unless lessor notifies lessee of a different address. (c) A late charge (deemed additional rent) of $5.00 20 plus an additional $5 per day shall be due if rent is paid on or after the sixth day 1st of the month. The late charge for a month shall be retroactive to the first day of the month and computed through the date of full rent payment for the month or the last day of the month, whichever is earlier. (d) Rent shall be pro-rated for any partial months included in the lease term. (e) Absent lessor's contrary agreement, payments by lessee xxxxxx shall be credited to first to delinquent and current charges owed by lessee other than late charges or rent, second to delinquent and current late chargesrent, third to delinquent current rent, and last to delinquent/current rentlate fees, regardless of any notations to the contrary on lesseexxxxxx's check or other payment advice. (f) Lessee Xxxxxx agrees that any check returned unpaid by a bank for any reason shall be deemed nonpayment and shall be subject to late charges, an administrative charge of $35.0050, and bank charges incurred by lessor, all of which shall be deemed additional rent. (g) Lessee Xxxxxx agrees to pay all returned checks in the form of cash, cashier's check, money order, or check drawn on the Federal Reserve by a member bank. (h) Lessor will not accept a personal check from any lessee whose checks have been returned unpaid by a bank more than twice. (i) Nonpayment of any amount described in this lease as additional rent shall entitle lessor to pursue all available legal remedies for nonpayment of rent.. $

Appears in 1 contract

Samples: Residential Lease Agreement

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Rent and Payments. Rent to be paid by lessee for the premises is $ per month, subject to the following: (a) Rent is payable monthly in advance on or before the first day of each month, except that the first month's ’s rent shall be paid at the time of signature of this lease. (b) Rent for the second and succeeding months is payable at lessor's address stated in paragraph 1 unless lessor notifies lessee of a different addressonly by XXX xxxxx (direct transfer from xxxxxx’s bank account to xxxxxx’s bank account), and xxxxxx agrees to provide any information and authorization necessary to establish such ACH debit payments. (c) A late charge (deemed additional rent) of fifty-dollars ($5.00 per day 50.00) shall be due if rent is paid on or after the sixth day of the month. The late charge for a month shall be retroactive to the first day of the month and computed through the date of full rent payment for the month or the last day of the month, whichever is earlier. (d) Rent shall be pro-rated for any partial months included in the lease term. (e) Absent lessor's ’s contrary agreement, payments by lessee xxxxxx shall be credited to first to delinquent and current charges owed by lessee other than late charges or rent, second to delinquent and current late charges, third to delinquent rent, and last to current rent, regardless of any notations to the contrary on lessee's xxxxxx’s check or other payment advice. (f) Lessee Xxxxxx agrees that any check returned unpaid by a bank for any reason shall be deemed nonpayment and shall be subject to late charges, an administrative charge of fifty-dollars ($35.0050.00), and bank charges incurred by lessorxxxxxx, all of which shall be deemed additional rent. (g) Lessee Xxxxxx agrees to pay all returned checks in the form of cash, cashier's ’s check, money order, or check drawn on the Federal Reserve by a member bank. (h) Lessor will not accept a personal check from any lessee whose checks have been returned unpaid by a bank more than twice. (i) Nonpayment of any amount described in this lease as additional rent shall entitle lessor to pursue all available legal remedies for nonpayment of rent.

Appears in 1 contract

Samples: Residential Lease Agreement

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