Rent is Due on the First Day of Each Month Sample Clauses

Rent is Due on the First Day of Each Month. Monthly Rent, plus tax, in the amount stated above in the Terms and Conditions and Additional Rent defined as, including but not exclusively, Default charges, clean up charges, disposal, damages to the Leased Space or Facility, and other unpaid fees or charges (collectively Rent), shall be payable monthly to Owner in advance, without demand or notice, on the First Day of each month including any extensions or renewals. If this Rental Agreement is executed on a date other than the First Day of the month, then Occupant has paid prorated Rent for the balance of the month and if the Rental Agreement is executed after the Twentieth (20th) of the month, Occupant has also paid one full month of Rent in advance (collectively Initial Term). The first renewal of this Rental Agreement is the date stated in the Terms and Conditions section as Next Payment Due 1st of. All renewals and extensions are collectively the Term. Occupant agrees to pay Rent and Additional Rent; in person at the Facility; by mail to the Facility Address (the Remit Payment Address) listed in the Terms and Conditions section of this Rental Agreement; or via the Facility payment box Drop Slot; or with a credit card which may be used in the following ways: by calling the Facility's office; Owner's Phone Answering Service, the Call Center; by advance written authorization; or by Owner's secure website at xxx.xxxxxxx.xxx . Occupant shall not deliver Rent to the Facility office or by in the form of cash, by the Drop Slot when closed, nor mail cash. It is expressly agreed that Owner does not mail monthly invoices. Occupant may request monthly invoices by email only. Occupant shall not fail to pay rent because Occupant does not receive an invoice. All payments received will be applied first to fees and charges due and owing, then to any Additional Rent, then to the oldest outstanding Rent obligation. Owner may require payments of Rent to be in the form of cash, money order or cashier's check in the event Occupant is in Default or has any payment due Owner returned for any reason, including insufficient funds, or credit/debit card charge back, or once Occupant is Thirty-one (31) or more days late, and Owner refuses all checks if Occupant has had one (1) previously returned check for any reason. Notice: access to pay by Owner's website and Call Center are disabled if Occupant is more than Sixty (60) days delinquent. Any Rent payment made by the internet or Call Center must be in the full amount due at the...
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Rent is Due on the First Day of Each Month. If Tenant does not pay rent on or before the first day of the month, rent is considered late. If Tenant fails to pay your rent by the 5th day of the month, the following will occur: (1) Tenant will be charged a late fee of $100.00 on the 6th day of the month; (2) Tenant will be required to pay the overdue rent and the late fee by money order or cashier’s check – no personal checks; and (3) Landlord will have the right to terminate the lease and start eviction proceedings against Tenant. Landlord will file eviction with the Magistrate if Tenant does not pay rent and all balances in full by the 10th of the month or the 1st business day after the 10th. If Landlord chooses not to terminate the lease, Tenant will still be liable to pay the late fee. Tenant will be in breach of the lease until the overdue rent plus the late fee is paid in full. Partial payments will never be accepted.
Sample 1
Rent is Due on the First Day of Each Month. Tenant shall be in default under this contract if the rent is not paid in full on the DUE DATE. Xxxxxx agrees to pay Management the sum of $50 as a late charge for breach of this condition if rent is not received by the DUE DATE.
Sample 1

Related to Rent is Due on the First Day of Each Month

  • Arrears The CONTRACTOR shall not pledge the COUNTY’S credit or make it a guarantor of payment or surety for any contract, debt, obligation, judgment, lien, or any form of indebtedness. The CONTRACTOR further warrants and represents that it has no obligation or indebtedness that would impair its ability to fulfill the terms of this Contract.

  • Due Dates Other Than the First of the Month Mortgage Loans having Due Dates other than the first day of a month shall be accounted for as described in this Section 4.04. Any payment due on a day other than the first day of each month shall be considered due on the first day of the month following the month in which that payment is due as if such payment were due on the first day of said month. For example, a payment due on August 15 shall be considered to be due on September 1 of said month. Any payment collected on a Mortgage Loan after the Cut-off Date shall be deposited in the Custodial Account. For Mortgage Loans with Due Dates on the first day of a month, deposits to the Custodial Account begin with the payment due on the first of the month following the Cut-off Date.

  • Month A period commencing at 10:00 a.m., Eastern Standard Time, on the first Day of a calendar month and extending until 10:00 a.m., Eastern Standard Time, on the first Day of the next succeeding calendar month. Monthly shall have the correlative meaning.

  • Monthly On or prior to the 20th calendar day of each calendar month, beginning with November 2023 (such date, the “Monthly Reporting Date”), the Collateral Agent shall compile and provide (or cause to be provided) to the Agents, the Equityholder, the Borrower and the Lenders, a monthly report for the prior calendar month (each, a “Monthly Report”) in accordance with this Section 8.07. The Investment Advisor shall provide to the Collateral Agent information as is reasonably requested by the Collateral Agent or necessary to produce the Monthly Report. The Collateral Agent shall, based, in part, on the information provided to it, calculate: (i) Aggregate Net Collateral Balance, (ii) Borrowing Base, (iii) Excess Concentration Amount, (iv) Maximum Available Amount, (v) each Coverage Test, (vi) for any Payment Date Report, completion of Priority of Payments pursuant to Section 9.01(a), (vii) balances for each of the Covered Accounts, (viii) EOD Borrowing Base, (ix) EOD OC Ratio, (x) EOD OC Ratio Breach, (xi) Distribution Borrowing Base and (xii) such other calculations as may be mutually agreed upon by the Collateral Agent, the Investment Advisor and the Administrative Agent. As used herein, the “Monthly Report Determination Date” with respect to any calendar month in which a Payment Date does not occur (or, if such day is not a Business Day, the next Business Day) will be the last day of such calendar month. The Monthly Report for a calendar month shall contain the information with respect to the Collateral Assets and Eligible Investments included in the Collateral that is agreed to by the Investment Advisor, the Administrative Agent and the Collateral Agent from time to time, and shall be determined as of the Monthly Report Determination Date for such calendar month. The Investment Advisor shall cooperate with the Collateral Agent in connection with the preparation of the Monthly Reports and each daily report delivered pursuant to Section 8.07(c) below. Without limiting the generality of the foregoing, the Investment Advisor shall timely supply any information maintained by it that the Collateral Agent may from time to time reasonably request and reasonably needs to complete the calculations and reports required to be prepared by the Collateral Agent hereunder or required to permit the Collateral Agent to perform its obligations hereunder In addition, the Borrower shall provide (or cause to be provided) in each Monthly Report a statement setting forth in reasonable detail each amendment, modification or waiver under any Related Document for each Collateral Asset that constitutes a Material Modification that became effective since the immediately preceding Monthly Report (or, in respect of the first Monthly Report, from the Closing Date).

  • Installments For purposes of Section 409A of the Code (including, without limitation, for purposes of Treasury Regulation Section 1.409A-2(b)(2)(iii)), Executive’s right to receive any installment payments under this Agreement shall be treated as a right to receive a series of separate payments and, accordingly, each such installment payment shall at all times be considered a separate and distinct payment.

  • Base Term Commencing on the Expansion Premises Commencement Date, the defined term “Base Term” on page 1 of the Lease is deleted in its entirety and replaced with the following:

  • Contract Duration and Annual Salary 1. The College hereby employs the Administrator in the capacity of Director - Marketing Services, Associate Professor for one year, commencing on July 1, 2024 and terminating on June 30, 2025. The Administrator accepts such employment on the conditions hereinafter set forth, and any applicable provisions of the Board of Trustees Policy Manual. In the event of conflict between Board Policy and this Contract, the Contract shall govern. 2. For the 2024-2025 contract year, the Administrator shall receive an annual salary of $178,054.00 subject to applicable deductions, to be paid in bi-weekly installments as full compensation for all rights granted and service performed under this Contract.

  • Term and Annual Renewal The term of this Agreement shall be from the date of its approval by the vote of a majority of the Board of each Issuer, and it shall continue in effect from year to year thereafter only so long as such continuance is specifically approved at least annually by the vote of a majority of its Board, and the vote of a majority of those members of the Board who are neither parties to the Agreement nor interested persons of any such party, cast at a meeting called for the purpose of voting on such approval. “Approved at least annually” shall mean approval occurring, with respect to the first continuance of the Agreement, during the 90 days prior to and including the date of its termination in the absence of such approval, and with respect to any subsequent continuance, during the 90 days prior to and including the first anniversary of the date upon which the most recent previous annual continuance of the Agreement became effective. The effective date of the Agreement with respect to each Fund is identified in the Schedule A of this Agreement.

  • Treatment of Each Installment as a Separate Payment For purposes of applying the provisions of Section 409A to this Agreement, each separately identified amount to which the Executive is entitled under this Agreement shall be treated as a separate payment. In addition, to the extent permissible under Section 409A, any series of installment payments under this Agreement shall be treated as a right to a series of separate payments.

  • Interest Due Without limiting any other rights or remedies available to either Party, each Party shall pay the other interest on any payments that are not paid on or before the date such payments are due under this Agreement at a rate of [*] per annum or the maximum applicable legal rate, if less, calculated on the total number of days payment is delinquent.

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