Common use of Termination for Payment Default Clause in Contracts

Termination for Payment Default. If any rent, deposits or other charges due are not paid by the due date to the Landlord, the Site, Tenant Chattels and Tenant Improvements shall be deemed abandoned by the Tenant and the Landlord may re-let the Site. Any late payment accepted by the Landlord will bear interest at the rate of 24% per annum until paid and a $45 fee will be assessed for NSF payments, but nothing herein expressed or implied shall be construed so as to require the Landlord to accept late payments. Any acceptance by the Landlord of amounts due to the Landlord to the date of termination of this Lease shall not be construed as a consent by the Landlord to waive the Landlord’s termination of this Agreement.

Termination for Payment Default. If any rent, deposits or other charges due are not paid by punctually on the due date to the Landlord, the Site, Tenant Chattels Site and Tenant Improvements shall be deemed abandoned by the Tenant and the Landlord may re-let the Site. Any late payment accepted by the Landlord will bear interest at the rate of 24% per annum until paid and a $45 35 fee will be assessed for NSF payments, but nothing herein expressed or implied shall be construed so as to require the Landlord to accept late payments. Any acceptance by the Landlord of amounts due to the Landlord to the date of termination of this Lease shall not be construed as a consent by the Landlord to waive the Landlord’s termination of this Agreement.

Termination for Payment Default. 14.1 If any rent, deposits rent or other charges due are not paid by the due date to the Landlord, the Site, Tenant Chattels and Tenant Improvements shall be deemed abandoned by the Tenant and the Landlord may re-let the Site. Any late payment accepted by the Landlord will bear interest at the rate of 24% per annum until paid and a $45 50 fee will be assessed for NSF payments, but nothing herein expressed or implied shall be construed so as to require the Landlord to accept late payments. Any acceptance by the Landlord of amounts due to the Landlord to the date of termination of this Lease shall not be construed as a consent by the Landlord to waive the Landlord’s termination of this AgreementLease.

Termination for Payment Default. If any rent, deposits or other charges due are not paid by the due date to the Landlord, the Site, Tenant Chattels and Tenant Improvements shall be deemed abandoned by the Tenant and the Landlord may re-let the Site. Any late payment accepted by the Landlord will bear interest at the rate of 24% per annum until paid and a $45 50 fee will be assessed for NSF payments, but nothing herein expressed or implied shall be construed so as to require the Landlord to accept late payments. Any acceptance by the Landlord of amounts due to the Landlord to the date of termination of this Lease shall not be construed as a consent by the Landlord to waive the Landlord’s termination of this Agreement.