Rental Arrears Clause Samples

Rental Arrears. (a) If the Tenant fails to pay when due any amount of Rent required to be paid pursuant to this Lease: (i) such Rent bears interest at a rate per annum equal to the Prime Rate plus [*****]%, calculated and compounded monthly; and (ii) the Tenant shall pay to the Landlord on demand, an administration fee equal to the lesser of: (A) $[*****]; and (B) [*****]% of the amount of Rent in default. Such amounts only become payable upon demand but accrue from the respective due dates of the relevant payments, whether demanded or not, to the date of payment. (b) If any cheque given by the Tenant to the Landlord in payment of Rent is refused payment by the Tenant’s bank for any reason, the Tenant shall immediately replace such cheque with cash or a certified cheque or bank draft and, in addition, shall pay, as Additional Rent, the sum of $[*****] (plus HST) as a service charge to the Landlord immediately upon demand being made by the Landlord.

Rental Arrears. The Program will pay past due rent and other rental arrears to Landlord in the amount of $ .

Rental Arrears. ‌ The Manager shall use its reasonable and prudent efforts by demand for payment to collect any amounts which are in arrears from any Third Party Tenant other than a Campus-Wide Tenant with all possible dispatch and shall use such efforts to obtain payment of such amounts which are due without suit or resort to an action or any other legal or equitable remedies available to a landlord. The Manager may, in compliance with the provisions of Sections 6.4 and 6.5, institute a suit or take advantage of such remedies only where, in the opinion of the Manager, other reasonable steps have failed to or will not achieve satisfactory results. The University shall be responsible for dealing with any Campus-Wide Tenant that is in arrears. The Manager shall notify the University whenever a Third Party Tenant is more than ten (10) days in arrears of payment of Rent and shall provide to the University a quarterly accounts receivable report. The Manager shall also notify the University if a Third Party Tenant is habitually or repeatedly in default, even if such Third Party Tenant continuously rectifies such defaults. A breach by the Manager of its notification obligations in this Section 6.3 is specifically acknowledged to be a Default of the Manager in accordance with Section 18.1(b). The effect of any arrears of Rent owing by a Third Party Tenant shall be borne by the parties entitled to receive the various components of Rent as set forth in Sections 6.2(a) through (e), inclusive, from such a Third Party Tenant on a proportional share basis.

Rental Arrears. In the case of a failure to make a payment of rent after the end of the period of seven days beginning with the ret due date, the prescribed limit is the aggregate of the amounts found by applying, in relation to each day after the due date for which the rent remains unpaid, an annual percentage rate of three per cent above the Bank of England base rate to the amount of rent that remains unpaid at the end of that day.

Rental Arrears. Where the Annuitant or the Annuitant’s principal beneficiary has received a written notice in respect of arrears in the payment of rent for the principal residence of the Annuitant or the Annuitant’s principal beneficiary and the Annuitant or the principal beneficiary could be evicted if the arrears remain unpaid, the amount required to pay the rental arrears; or

Rental Arrears. ESG Subrecipient will pay Rental Arrears to Landlord in the amount of $ .

Rental Arrears. In a month to month or term tenancy where the rent is in arrears for fifteen (15) days, the Landlord may give to the Tenant notice to terminate the Premises not less than ten (10) days after the notice is served in accordance with Section 18 Subsection (1) of the Act. In a week to week tenancy where the rent is in arrears for three (3) days, the Landlord may give to the Tenant notice to terminate the Premises not less than three (3) days after the notice is served in accordance with Section 18 Subsection (1) of the Act. When all arrears of rent are paid in full by the Tenant before the termination date on a notice to terminate given for rental arrears, this notice to terminate is void and of no effect. This does not apply where notice to terminate is given more than twice in a 12 month period in accordance with Section 18 Subsection (2) of the Act. Landlord reserves and in no way waives the right to insist on payment of the rent in full on the date that the same is due.

Rental Arrears. The tenant and landlord/agency each have a signed copy of the tenancy agreement.

Rental Arrears. Where You or the Your Principal Beneficiary has received a written notice in respect of arrears in the payment of rent Your principal residence or Your Principal Beneficiary and You or Your Principal Beneficiary could be evicted if the arrears remain unpaid, the amount required to pay the rental arrears; or