Term and Rental Payments Sample Clauses
The 'Term and Rental Payments' clause defines the duration of the lease agreement and outlines the tenant's obligations regarding payment of rent. It typically specifies the start and end dates of the lease, the amount of rent due, the frequency of payments (such as monthly or quarterly), and acceptable payment methods. This clause ensures both parties are clear on the length of the tenancy and the financial commitments involved, thereby reducing the risk of disputes over payment schedules or lease duration.
Term and Rental Payments. The term of this Lease shall be for one (1) year beginning on February 15, 2021 and ending on February 14, 2022. The annual Gross Rent shall be $16,800.00, paid in equal monthly installments of $1,400.00 which shall be postmarked or delivered on or before the fifteenth day of every month in advance, and shall be delivered or mailed to Lessor at the Property’s address. The Lessee is permitted to pay Rent in advance at any interval most convenient for Lessee.
Term and Rental Payments. INITIAL PAYMENT MONTHLY TERM AND NUMBER --------------------------------------------------------------------------------------------- Total Lease Term: 60 First Month $159.75 Base Rent $150.00 Advanced Rentals Paid: 1 Documentation Fee Sales/Use tax $ 9.75 Lease Rentals Remaining 59 Total Initial Payment $159.75 Total Monthly Payment $159.75 (Payments Due And Payable As Invoiced) ---------------------------------------------------------------------------------------------
Term and Rental Payments. The initial term of this Agreement for the unit or units of Equipment described in each Supplement shall be as set forth therein. You understand that time is of the essence as to your performance; You agree to pay all Rental payments in advance and no later than the date designated by us. Rental payments due do not include any applicable taxes. If any Taxes (as hereinafter defined) are due, we shall invoice you for them and you agree to pay the Tax ▇▇▇▇▇▇▇▇ along with your Rental payments. Rental payments shall begin upon the date of delivery of the Equipment listed in each Supplement. Rental Payments will be made at such place as we may designate in writing. You authorize us to insert for the purposes of the Rental, the serial numbers of the Equipment, and other information into each Supplement. -------------------------------------------------------------------------------- You agree to all the terms and conditions of this Master Rental Agreement. These terms and conditions are a complete and exclusive statement of our agreement with respect to the subject matter hereof and may be modified only by a written agreement signed by both of us and not by course of performance. Any terms and conditions on any purchase order you submit in conjunction with this Master Rental Agreement shall be invalid and of no force or effect to the extent such terms and conditions contradict or are in addition to the terms of this Master Rental Agreement. Your purchase orders shall be for reference purposes only and shall not become a part of this Master Rental Agreement. This Master Rental Agreement may not be terminated early. By signing this Master Rental Agreement, each of us represents that he/she has the authority to bind our respective parties to this Master Rental Agreement.
Term and Rental Payments. The initial lease term for the Equipment will commence upon your execution of the applicable Supplement and shall continue as set forth on such Supplement (the “Initial Rental Term”). You understand that time is of the essence as to your performance. You will be invoiced for the first Monthly Rental Payment within ten (10) days after execution of the Supplement. You agree to pay all subsequent Monthly Rental Payments in advance and no later than the date designated on the invoice. Monthly Rental Payments due do not include any applicable taxes. If any Taxes (as defined in Section C.1. below) are due, we will invoice you for them and you agree to pay the Tax in a timely manner, in addition to your Monthly Rental Payments. Monthly Rental Payments will be made at such place as we may designate in writing. You authorize us to insert for the purposes of the rental, the serial numbers of the Equipment, and other information into each invoice.