Rent Payable Sample Clauses
The 'Rent Payable' clause defines the tenant's obligation to pay rent to the landlord under a lease agreement. It typically specifies the amount of rent, the frequency and method of payment, and any adjustments or additional charges that may apply, such as late fees or service charges. By clearly outlining when and how rent must be paid, this clause ensures both parties understand their financial responsibilities and helps prevent disputes over payment terms.
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Rent Payable. During the term, the Tenant shall pay to the Landlord at its office at the University of Toronto Mississauga Student Housing & Residence Life: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇, Suite ▇▇▇, ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇, or at such place as the Landlord may designate, the total monthly rent (hereinafter called the "Rent"), in the form of personal cheque, certified cheque, money order, or debit/credit card set out in this paragraph on or before the 1st day of each and every month.
(a) For Tenants with an Accessible Campus Online Resource Network (ACORN) account: All other outstanding administrative charges (e.g. damages, cleaning, lockouts, etc.) will be charged to the Tenant’s ACORN account. The Tenant does not have the authority to dictate in what manner payments are applied. Rent is paid by visiting the Residence Services Desk located in ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇, or the Tenant can set up Pre-Authorized payments by filling a Pre-Authorized Payment Form found at: ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇.▇▇/housing/applying/forms-documents
(b) For Tenants without an Accessible Campus Online Resource Network (ACORN) account: Rent and all other charges can be paid at the Residence Services Desk located in ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇, or the Tenant can set up Pre-Authorized payments by completing a Pre-Authorized Payment Form found at: ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇.▇▇/housing/applying/forms-documents. If the Tenant is at any point in arrears of Rent and/or any other amount due and owing to the Landlord, the Tenant agrees that subsequent payments made by him/her to reduce the arrears owed shall be applied first to the oldest outstanding Rent and second to outstanding administrative charges (e.g. damages, cleaning, lockouts, etc.). The Tenant may not dictate the manner in which payments are applied. A payment plan request form is available, should the Tenant be unable to pay rent by the set deadline. Payment plan requests are reviewed on a case-by-case basis. Approval or denial of a payment plan request is at the sole and absolute discretion of Student Housing & Residence Life. A maximum of one payment plan per household is permitted in the duration of their continued occupancy. The Tenant shall pay at the time that this Lease is signed, in the form of certified cheque, money order, or debit/credit card, a deposit equal to a full month's Rent. Such deposit will be applied as prepaid Rent towards the Rent for the last month of the tenancy. Upon receipt of a Non-Sufficient Funds (NSF) personal cheque, the Landlord will not therea...
Rent Payable. The rent (*which includes a charge for services) is payable by the Tenant monthly in advance on or before the 1st day of each month. *Delete as necessary. The total monthly sum payable by the tenant at this time is: RENT £ SERVICE CHARGES £ TOTAL £ The Association will provide the following services in connection with the house: It is a condition of this agreement that you pay for these compulsory services.
Rent Payable. The BOE shall pay Rent in the amount of ten dollars ($10) to the City on each Sublease Payment Date.
Rent Payable. A. Commencing on the Rent Commencement Date, Tenant shall pay all Rent owing from time to time to Landlord, without prior Notice or demand and without offset, deduction or counterclaim whatsoever, in the amounts, at the rates and times set forth herein, in the manner set forth in this Section 5.01.
Rent Payable. Except as otherwise provided herein, monthly rent shall be due and payable to Sublessor on the first day of each calendar month during the term of this Sublease Agreement.
Rent Payable. A. In consideration of Tenant’s use of the Leased Space and the License to operate its Concession in the Leased Space and the associated rights and privileges granted in this Agreement, Tenant must pay the following, without notice or demand, as rent and fees the Base Rent, License Fee and Additional Rent (collectively, “Rent”) as follows:
Rent Payable. A. Commencing on the Rent Commencement Date, Tenant shall pay all Rent owing from time to time to Landlord, without prior Notice or demand and without offset, deduction or counterclaim whatsoever, in the amounts, at the rates and times set forth herein, in the manner set forth in this Section 5.01.A. Tenant agrees to (i) promptly execute any and all agreements and authorizations, and supply any and all information necessary to Tenant’s bank, to initiate automatic monthly payments of Minimum Rent and the monthly payments of estimated Tenant’s Share of Operating Costs and Taxes (“Standing Order Transfers”) from Tenant’s bank account to Landlord’s bank account for such monthly payments of Minium Rent and monthly payments of Tenant’s Share of Operating Costs due under this Lease; and (ii) take all actions necessary on ▇▇▇▇▇▇’s part to insure that all such payments will be received by the Landlord’s bank account by the first (1st) day of each calendar month. Except for the first month’s Rent and Security Deposit, the monthly payments of Minimum Rent and monthly payments of estimated ▇▇▇▇▇▇’s Share of Operating Costs and Taxes shall be paid by Standing Order Transfer. All payments of Rent not made by Standing Order Transfer shall be made via a company check delivered to the place set forth in Section 1.01.I or as Landlord may otherwise designate by Notice to Tenant at least thirty (30) days prior to the effective date of any change. Landlord shall confirm in writing the Landlord’s bank account details for Tenant’s payments to Landlord with not less than thirty (30) days advance notice in writing from Landlord regarding any change to be made to the same.
B. If Tenant fails to make any payment of Rent by the date such Rent is due, Tenant shall pay Landlord a late payment charge equal to the greater of (i) five percent (5%) of such payment of Rent, or (ii) Twenty Dollars ($20.00) per day from the due date until the date of receipt by Landlord. Payment of such late charge shall not excuse or waive the late payment of Rent. Tenant acknowledges and agrees that such late charge is a reasonable estimate of the damages Landlord may incur as a result of Tenant’s late payment of Rent, and that it would be impracticable or extremely difficult to determine ▇▇▇▇▇▇▇▇’s actual damages.
C. If Landlord receives within a twelve (12) month period two (2) or more checks from Tenant that are dishonored by Tenant’s bank, all checks for Rent thereafter shall be bank certified and Landl...
Rent Payable. Amounts payable by Tenant as provided herein, will be payable as Rent without deduction or offset. If Tenant fails to pay any amounts due, Landlord will have all the rights and remedies available to it on account of Tenant's failure to pay Rent.
Rent Payable. During the Term, the Lessor shall be entitled to receive rent for the Premises in the amount of Five Hundred Dollars ($500.00) per month, payable in advance, with the first payment being due upon execution of this Lease, and with each subsequent payment being due and payable on or before the 15th day of each subsequent month through the Term. Rent payments shall be delivered to Lessor at the Charlotte Town Office, ▇▇▇ ▇▇▇▇▇ ▇▇▇▇, P.O. ▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇, c/o Town Treasurer.
Rent Payable. The Rent shall be $107,300.04 payable monthly in the amount of $8,941.67 per month on or before the first day of each month, at the office of the Landlord or such other address as shall be designated in writing by Landlord from time to time, without any prior demand therefor and without any deduction or offset whatsoever, except as may specifically be permitted herein. Tenant shall pay all Rent when due and payable, without any offset, deduction or prior demand thereof whatsoever. Any payment by Tenant or acceptance by Landlord of a lesser amount than shall be due from Tenant to Landlord shall be treated as payment on account. The acceptance by Landlord of a check for a lesser amount with an endorsement or statement thereon, or upon any letter accompanying such check, that such lesser amount is payment in full, shall be given no effect, and Landlord may accept such check without prejudice or any other rights or remedies which Landlord may have against Tenant.