Rent Collection Fees Sample Clauses

Rent Collection Fees upon the commencement of a tenancy of the property the agent undertakes to collect and process all rental payments for the property on the landlord’s behalf and in consideration thereof the landlord shall pay to the agent 2% of the gross rent collected for as long as any tenant or other occupier introduced to the landlord and/or the property by the agent at any earlier date has a legal obligation to pay rent under a tenancy agreement whether concluded by Polecat Properties or any other party. If at any time during such occupancy by such tenants the landlord wishes to transfer the management of the property to themselves or any other party this shall be on the basis of a fee being payable to Polecat Properties equivalent to six months management fees. The tenant finding fee and the rent collection fee are mutually exclusive of eachother. In exchange for the fees the agent shall:- Check the tenants into the property at the beginning of the tenancy. Collect the rent and forward statements regularly with the release of rents collected to the landlord as and when they fall due for the tenants accompany of the property notwithstanding that the tenants may have paid in additional payments in advance. Check the tenants out at the termination of the tenancy. Hold a property deposit insured by the mydeposits scheme. All terms and conditions can be found at xxx.xxxxxxxxxx.xx.xx The agent shall not be responsible for: Ensuring that safety regulations have been complied to. The landlord hereby certifies that the property already complies with General product safety regulations 1994 Electrical equipment (Safety) Regulations 1994. Plugs and sockets etc (Safety) Regulations 1994. The furniture & Furnishings (Fire) (Safety) Regulations. 1988. The furniture & Furnishings (Amendment) Regulations 1993. The Gas safety (Installation and Use) Regulations 1998. Maintenance and Repairs Tenant Enquiries Property Inspections. Breaches in Contract by either the tenant or the landlord with regard to the tenancy agreement.
Sample 1
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Rent Collection Fees. 6% plus VAT of the gross rent payable under the terms of the tenancy agreement to be deducted from the rent collected plus the letting only fee as above.
Sample 1

Related to Rent Collection Fees

  • Collection Fees If collection fees are assessed or attorney’s fees are expended by the University in the process of obtaining unpaid housing charges, the student will be responsible for the payment of those fees in addition to the unpaid housing charges.

  • Loan Charges Neither this Note nor any of the other Loan Documents shall be construed to create a contract for the use, forbearance or detention of money requiring payment of interest at a rate greater than the Maximum Interest Rate. If any applicable law limiting the amount of interest or other charges permitted to be collected from Borrower in connection with the Loan is interpreted so that any interest or other charge provided for in any Loan Document, whether considered separately or together with other charges provided for in any other Loan Document, violates that law, and Xxxxxxxx is entitled to the benefit of that law, that interest or charge is hereby reduced to the extent necessary to eliminate that violation. The amounts, if any, previously paid to Lender in excess of the permitted amounts shall be applied by Lender to reduce the unpaid principal balance of this Note. For the purpose of determining whether any applicable law limiting the amount of interest or other charges permitted to be collected from Borrower has been violated, all Indebtedness that constitutes interest, as well as all other charges made in connection with the Indebtedness that constitute interest, shall be deemed to be allocated and spread ratably over the stated term of this Note. Unless otherwise required by applicable law, such allocation and spreading shall be effected in such a manner that the rate of interest so computed is uniform throughout the stated term of this Note.

  • Monthly Charges Purchaser shall pay Seller monthly for the electric energy generated by the System and delivered to the Delivery Point at the $/kWh rate shown in Exhibit 1 (the “Contract Price”). The monthly payment for such energy will be equal to the applicable $/kWh rate multiplied by the number of kWh of energy generated during the applicable month, as measured by the System meter.

  • Monthly Payments On or before each Transfer Date, the Servicer shall instruct the Trustee in writing (which writing shall be substantially in the form of Exhibit B hereto) to withdraw and the Trustee, acting in accordance with such instructions, shall withdraw on such Transfer Date or the related Distribution Date, as applicable, to the extent of available funds, the amounts required to be withdrawn from the Finance Charge Account, the Principal Account, the Principal Funding Account and the Distribution Account as follows:

  • Account Fees The Company, by resolution of the Board of Directors, including a majority of the Independent Directors, may from time to time authorize the imposition of a fee as a direct charge against shareholder accounts of any class of one or more of the Funds, such fee to be retained by the Company or to be paid to the Investment Manager to defray expenses which would otherwise be paid by the Investment Manager in accordance with the provisions of paragraph 4 of this Agreement. At least sixty days prior written notice of the intent to impose such fee must be given to the shareholders of the affected Fund or Fund class.

  • Monthly Payment City shall make monthly payments, based on invoices received, for services satisfactorily performed, and for authorized reimbursable costs incurred. City shall have 30 days from the receipt of an invoice that complies with all of the requirements above to pay Consultant.

  • Collection Costs In the event collection efforts are required to obtain payment on this Account, to the extent permitted by law, You agree to pay all court costs, private process server fees, investigation fees or other costs incurred in collection and reasonable attorneys' fees incurred in the course of collecting any amounts owed under this Agreement or in the recovery of any Collateral.

  • Payment of Charges All amounts chargeable to Borrower under Section 6 hereof shall be Obligations secured by all of the Collateral, shall be payable on demand and shall bear interest from the date such advance was made until paid in full at the rate applicable to Revolving Credit Loans from time to time.

  • Maintenance Charges 3.1 The annual service charge for the Maintenance Service is payable annually in advance. Payment for services provided to the Customer in addition to the Maintenance Services is due on presentation of an invoice by the Supplier.

  • COLLECTION OF CHARGES 16.1 A Sector Association may request the consent of the Administrator to collect charges due from Operators to the Administrator in respect of facilities under the charging scheme.

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