Standard Installment Payments of Term Rent. You agree that You shall pay Us the Term Rent in twelve (12) equal installments (each installment shall be referred to as Installment shall be due and payable to Us on or before the first day of the Lease term (and before You obtain possession of the Home). You shall pay the subsequent Installments to Us on or before the first calendar day of the following months during the Lease term: (list months). A late fee equal to five percent (5%) of the Installment shall be imposed any Installment tendered after the fifth (5th) day of the month it is due, with the exception of the first Installment.
Appears in 4 contracts
Samples: Residential Lease Agreement, Residential Lease Agreement, Residential Lease Agreement
