Common use of RENTAL CONSIDERATION Clause in Contracts

RENTAL CONSIDERATION. A. The Government shall pay the Lessor annual rent of € ( Euro) at the rate of € ( Euro) quarterly, in advance. The initial rental payment under this lease shall become due within ( ) days of the effective date of the lease. Subsequent rent shall be paid and will be due within ( ) days of the first day of each successive quarter; and only as provided for by the lease. Rent for a lesser period shall be prorated. Rent checks shall be made by electronic fund transfer and made payable to the Lessor. The Lessor’s banking information is as follows: Owner/Holder of the Account: Account Number: Name of Bank: International Bank Account Number (IBAN): Bank Identification Code (SWIFT Code): If the Lessor changes their banking information, they must notify the Lessee, who will comply at the next payment, or as soon as possible. Any possible charges or transfer commissions regarding this payment shall be drawn on the account of the Lessor.

Appears in 3 contracts

Samples: www.nau.usace.army.mil, www.nau.usace.army.mil, www.nau.usace.army.mil

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RENTAL CONSIDERATION. A. The Government shall pay the Lessor annual rent of € ( Euro) at the rate of € ( Euro) quarterly, in advance. The initial rental payment under this lease shall become due within ( ) days of the effective date of the lease. Subsequent rent shall be paid and will be due within ( (_ ) days of the first day of each successive quarter; and only as provided for by the lease. Rent for a lesser period shall be prorated. Rent checks shall be made by electronic fund transfer and made payable to the Lessor. The Lessor’s banking information is as follows: Owner/Holder of the Account: Account Number: Name of Bank: International Bank Account Number (IBAN): Bank Identification Code (SWIFT Code): If the Lessor changes their banking information, they must notify the Lessee, who will comply at the next payment, or as soon as possible. Any possible charges or transfer commissions regarding this payment shall be drawn on the account of the Lessor.

Appears in 2 contracts

Samples: www.nau.usace.army.mil, www.nau.usace.army.mil

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RENTAL CONSIDERATION. A. The Government shall pay the Lessor annual rent of € ( Euro) at the rate of € ( Euro) quarterly, in advance. The initial rental payment under this lease shall become due within ( ) days of the effective date of the lease. Subsequent rent shall be paid and will be due within ( ) days of the first day of each successive quarter; and only as provided for by the lease. Rent for a lesser period shall be prorated. Rent checks shall be made by electronic fund transfer and made payable to the Lessor. The Lessor’s banking information is as follows: Owner/Holder of the Account: Account Number: Name of Bank: International Bank Account Number (IBAN): Bank Identification Code (SWIFT Code): If the Lessor changes their banking information, they must notify the Lessee, who will comply at the next payment, or as soon as possible. Any possible charges or transfer commissions regarding this payment shall be drawn on the account of the Lessor.

Appears in 2 contracts

Samples: www.nau.usace.army.mil, www.nau.usace.army.mil

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