TERM/RENT. This is a month-to-month agreement, commencing on the date the Renter places items in the Rented Space or the date of this Rental Agreement, whichever is earlier and shall continue month to month thereafter. Rent for the first month shall be prorated for the calendar month and shall be due upon execution. Rent for all other months is due on the first day of each month, unless other arrangements have been made with the Owner. Owner reserves the right to require that Rent and other charges be paid by credit card, debit card or prepaid card. No cash, checks or money orders will be accepted. Owner may change Rent, any Additional Rent, or other charges by giving Renter 30 day’s written notice, in advance, at the last known good mailing or email address. Change of address: Renter must provide mailing and email address changes to Owner in writing. The new rent shall become effective on the next date Rent is due. If Renter has made advanced Rent payments, new Rent will be charged upon the exhaustion of the prepaid Rent.
TERM/RENT. Seller does hereby give permission for Buyer to occupy the Property from 6:00am on the day Seller closes on the Cash Contract (“Buyer’s Initial Occupancy Date”) until the earlier of: (1) Buyer’s closing on the Resale Contract, or (2) 5:00pm on the day that is 60 days after Buyer’s Initial Occupancy Date (the “Termination Date”), at a rental rate of $ per day.
TERM/RENT. 2.1 This Master Lease shall commence on the date set forth above and shall continue so long as any Schedule remains in effect. Each Schedule shall set forth the basic term of the Schedule (“Basic Term”), the periodic rent for each Unit (“Monthly Rent”), the installation date of each Unit (“Installation Date”), the commencement date (“Commencement Date”), the installation location of each Unit (“Equipment Location”) and all other additional terms. The Basic Term for a Schedule shall begin on the Commencement Date and shall continue thereafter for the number of months specified therein. As to each Unit, the term for each Schedule (“Initial Term”) shall begin on the Installation Date of such Unit, and shall continue throughout the expiration of the Basic Term. The Installation Date shall be the earlier of (i) the date such Unit is installed and operational for purposes of the Schedule at the Equipment Location, or (ii) 7 days after Lessor has made such Unit available for delivery to Lessee, except, that if the company designated by Lessee to install such Unit shall notify Lessee that it is unable to install such Unit due solely to the condition of such Unit, then the Installation Date shall be as set forth in subclause (i) herein. The Commencement Date shall be the first day of the calendar month following the latest Installation Date of any Unit, provided, however, if such Installation Date falls on the first day of the month, the Commencement Date shall be such Installation Date. Lessee may terminate any Schedule at the end of any full month effective at the expiration of the Initial Term or any extension thereof by giving Lessor 90 days’ prior written notice. If such written notice of termination is not given by Lessee, the Initial Term shall be automatically extended thereafter on a month-to-month basis at the same Monthly Rent, until terminated by Lessee giving the required 90 days’ written notice and expiration of the notice period, or until written notice of termination is given by Lessor. Any notice of termination must relate to all the Equipment subject to the Schedule to which the notice applies and shall be effective only upon the last day of the Initial Term or upon the last day of any successive 90 day period, and may not be unilaterally revoked.
TERM/RENT. The term of the Lease ("Lease Term") shall commence five (5) business days after shipment (the "Commencement Date"). Lessee agrees to pay Lessor or its assignees during the Lease Term, in U.S. Dollars, at an address to be provided by Lessor, the total Rent Payments ("Rent Payments") as specified herein. The first Rent Payment is due thirty (30) days after the Commencement Date, and subsequent Rent Payments are due on the same date of each month thereafter (or the last day of the month if there is no such date). Lessee hereby authorizes Lessor to adjust the Rent Payment by not more than 15% if the actual Acquisition Cost (which is all amounts Lessor has paid or will pay in connection with the purchase, delivery, and installation of the Equipment, including any trade-up and buyout amounts) differs from the estimated Acquisition Cost. If any Rent Payment or other amount payable to Lessor is not paid within five (5) days after the due date thereof, Lessee shall pay to Lessor interest on any such late payment from the due date thereof until payment at a rate of 18% per annum or, if less, the highest interest rate permitted by applicable law. At the end of the Lease Term, this Lease will automatically renew for additional three-month periods on the same terms and conditions (including the same monthly Rent Payments) unless Lessee gives Lessor ninety (90) days written notice prior to the expiration of the Lease Term or any three-month renewal term and returns the equipment to the Lessor as provided herein. (continued on pages 2 & 3 hereto) 3 LEASE NO: 004295343-002 ------------------------------------------------------------------------------------------------------------------------------------ GUARANTY ------------------------------------------------------------------------------------------------------------------------------------ In consideration of Lessor entering into the lease identified about ("Lease"), the undersigned (collectively, "Guarantor") unconditionally and irrevocably guarantees to Lessor, its successors and assigns, the prompt payment and performance of all obligations of Lessee under the Lease regardless of any circumstance which might otherwise be a defense available to, or a discharge of, Lessee or Guarantor. Guarantor agrees that this is a guaranty of payment and not of collection, and that Lessor can proceed directly against Guarantor without first proceeding against Lessee or the Equipment. Guarantor waives all defenses and notices, incl...
TERM/RENT. In the event of such exercise, the Lease Agreement, including all amendments, shall be automatically extended for the additional term. Notwithstanding the foregoing, this option shall be void and of no force or effect if the Tenant is in default hereunder, beyond applicable cure periods, either as of the date of the Tenant's exercise of said option or as of the date of the commencement of the option or additional term.
TERM/RENT. The Lease term shall commence as of the date that any of the equipment is delivered to the Lessee or the Lessee's Agent ("the Commencement Date"), and shall continue until the obligations of the Lessee under the Lease shall have been fully performed. Advance rentals shall not be refundable if the Lease term for any reason does not commence. The installments of rent shall be paid monthly in advance as stated below or on any Schedule, the first such payment being due on the Commencement Date, or such later date as the Lessor designates in writing, and subsequent payments shall be due on the same day of each successive month from then on until the balance of the rent and any additional rent or expenses chargeable to the Lessee under this Lease shall have been paid in full. All payments of rent shall be made to the Lessor at the address defined in this Agreement or such other address as the Lessor may designate in writing. The Lessee's obligation to pay such rentals shall be absolute and unconditional and is not subject to any abatement set-off, defense or counterclaim for any reason whatsoever. The Lessee authorizes the Lessor to insert the serial numbers and other identification data of the equipment when determined by the Lessor and dates or other omitted factual matters. If a security deposit is indicated above, the same shall be held by the Lessor to secure that faithful performance of the terms of the Lease and returned or applied in accordance with Section 16 of this Agreement.
TERM/RENT. This is a month-to-month agreement, commencing on the date the Renter places items in the Rented Space or the date of this Rental Agreement, whichever is earlier and shall continue month to month thereafter. Rent is due on the anniversary day of each month, unless other arrangements have been made with the Owner. Owner reserves the right to require that Rent and other charges be paid by credit card, debit card or prepaid card. No cash, checks or money orders will be accepted. Owner may change Rent, any Additional Rent, or other charges by giving Renter 30 day’s written notice, in advance, at the last known good mailing or email address. Change of address: Renter must provide mailing and email address changes to Owner in writing. The new rent shall become effective on the next date Rent is due. If Renter has made advanced Rent payments, new Rent will be charged upon the exhaustion of the prepaid Rent.
TERM/RENT. 5 2.1 TERM......................................................... 5 2.2 USE.......................................................... 5 2.3
TERM/RENT. Landlord hereby subleases to Tenant, and Tenant hereby subleases from Landlord, Apartment No. _____ (“Premises”) located at ___________________________ Washington, D.C. in the Cooperative apartment building owned by The Claridge House Cooperative, Inc. ( “Cooperative”), for a term of _____ months beginning on __________________, 20 ___, and ending on _________________, 20 ___ (“Term”), for the total sum of $ ________ for the Term payable in equal installments of $ ________, in advance, on the first day of each month of the term, without demand or deduction therefrom, at such place as the Landlord may from time to time designate in writing. This Sublease grants Tenant a leasehold estate in the Premises for the Term together with a license granting tenant, for such Term, Landlord’s rights to use the common facilities of the Cooperative, provided that Tenant and Xxxxxx’s family, guests, agents, servants and employees exercise such license in accordance with the provisions of the Cooperative Documents (hereinafter defined).
TERM/RENT. Xxxxxx agrees to pay monthly rent of $600.00 per month for the Term of this Agreement. Monthly rent shall be payable in advance on or before the first day of each month during the Term at Lessor address. For any Renewal Term, the rental amount may be modified by written agreement between Lessor and Lessee.
