TERMS AND RENTAL Sample Clauses

TERMS AND RENTAL. Manager and Occupant hereby agree that said lease shall run from 06/24/2022 to 06/30/2023 ,at the rental rate of $1,350.00 per month due at the 1st of each month without any demand or notice for payment of rent from Occupant, said demand or notice being expressly waived by Occupant. Payment of rent is not accepted in the leasing office but shall be paid either online through the tenant portal at xxx.xxxxxxxxxxxxxxxxxxx.xxx or in cash at a participating RentMoney location. A $3 convenience fee applies for online payments and a $3.75 convenience fee applies for RentMoney payments. A $30 charge will be applied for returned payments. Monies or funds received are first applied to outstanding and unpaid rent for previous rental periods or months, second to any unpaid fees or damages, and third to any current rent for the period in which the payments received or rent to become due. All payments are accepted with reservations. LATE RENT PENALTY: Rent payments received after the 5th require a 10% late fee. OTHER CHARGES or DEPOSITS: A: Refundable security/cleaning deposit of $945.00 in money order as security for the payment of the rent herein and the faithful performance by the Occupant of all the terms and conditions of this contract, including the amount needed to place the premises or fixtures in good state of cleanliness or repair, reasonable wear and tear excepted. Deposits are held in escrow account at Bank Tennessee.
Sample 1
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TERMS AND RENTAL. The terms of this lease shall be for a period of twelve (12) months . Lessee agrees to pay to Lessor the sum of $ 3,750.00 per month plus monthly sales tax in advance as and for rent commencing upon placement of the modular building onto the foundation, or by (date) February 1st, 1998 whichever is sooner, and continuing each month thereafter for eleven (11) consecutive months. An amount of $ 7,650.00 shall be paid to Lessor upon signing this contract; and, said sum shall be treated by Lessor as payment of the last month's rent of $ 3,750.00 , security/maintenance deposit of $ 200.00 , and delivery/set-up cost of $ 3,700.00 . All monthly lease payments are due no later than the established first day of the lease. All delivery and set charges are based on the normal working hours of 8am to 5pm, Monday through Friday (holidays excluded). In the event that the Lessee requests SON Corporation's crews to perform in an exception to the standard hours as stated above, then the delivery and set charge will be adjusted accordingly to allow fair and reasonable compensation to SON Corporation.
Sample 1
TERMS AND RENTAL. The term of this Lease shall be for a period of 36 months beginning May 1, 1999, and terminating on April 30, 2002. Lessee herewith has deposited $2,146.88 which shall be the first months' rent and $2,146.88 which shall be a security deposit. Rent shall be due on the first day of the second month, June 1, 1999, in the amount of $2,146.88, and shall be due monthly beginning on the first day of each month thereafter. Lessee shall receive rent and expense free occupancy of the premises from April 1 - 30, 1999 to prepare the premises for its intended use. For the second year of the lease term, the rent shall be adjusted upward as follows: the rent for the second year shall be determined by adjusting the first year's rent upward by the same percentage that the "all items" index of the Consumers Price Index for the last month of the first year shall have increased from the same index of the Consumers Price Index for the month preceding the month in which this lease commences; the rent for each succeeding year of the lease term shall be determined by adjusting the rent to have been paid during the preceding year upward by the same percentage that the "all items" index of the Consumers Price Index for the last month of the preceding lease year (the lease year then ending) shall have increased from the same index of the Consumers Price Index for the same month of the preceding calendar year. Notwithstanding the above, the annual rent adjustment shall not exceed three percent (3%) during the lease base term and five percent (5%) during the lease renewals. Reference to the Consumers Price Index is the official Consumers Price Index, United States City Average for All Urban Consumers, published by the United States Department of Labor, Bureau of Labor Statistics, Xxxxxxxxxx, XX 0000-00 = 100. In the event that during the lease term such Index shall not be available in the same form, or shall be calculated on a different basis than 1982-84 = 100, and if the Bureau of Labor Statistics shall have substituted a new Index with the appropriate tables for conversion from the discontinued Index to the substituted Index, such conversion shall be made and rent for the period commencing after such substitution shall be on the basis of the substituted Index properly converted from the discontinued Index in accordance with such conversion tables. It is the intention of the parties that the transition from one Index to the other shall not result in an increase in the rent adjustmen...
Sample 1
TERMS AND RENTAL. The term for this agreement shall commence at 12:01 am on <<Lease Start Date>>and shall end as of 11:59 p.m. on <<Lease End Date>>. In the event Resident(s) holds over, this agreement will automatically convert to a month to month tenancy. This lease agreement may be terminated as of the expiration date of this lease or at any time after the above-stated fixed term by either party. Lessee giving written notice thirty (30) days in advance. Lessor giving required legal notice pursuant to CCC1946. The amount for the term shall be () Dollars () payable in monthly installments. Resident(s) agrees to pay <<Monthly Rent>> per month in advance on the first (1st) day of each month. Any and all amounts due and payable pursuant to this Lease shall be paid by legal tender of the United States of America only. Rent to be prorated by payment of <<Prorated Rent>> for the period of ... to ... due on or before .
Sample 1
TERMS AND RENTAL 
Sample 1

Related to TERMS AND RENTAL

  • Term and Rent Lessor demises the above premises for a term of twenty years, commencing January 1, 1993, and terminating o December 31, 2012, or sooner as provided herein at the annual rent of Twenty Four Thousand Dollars ($24,000.00), payable in equal installments in advance on the first day of each month for that month's rental, during the term of this lease. All rental payments shall be made to Lessor, at the address specified above.

  • Term and Renewal This Agreement shall become effective as of the Effective Date and shall remain in effect for a period of three years from and after the Live Date (the “Initial Term”), and thereafter shall automatically renew for successive three year terms (each such period, a “Renewal Term”) unless terminated by any party giving written notice of non-renewal at least one hundred eighty days prior to the last day of the then current term to each other party hereto.

  • Basic Rental Tenant agrees to pay to Landlord during the ------------- Term hereof, at Landlord's office or to such other person or at such other place as directed from time to time by written notice to Tenant from Landlord, the initial monthly and annual sums as set forth in Article 1.C of the Basic Lease Provisions, payable in advance on the first day of each calendar month, without demand, setoff or deduction, and in the event this Lease commences or the date of expiration of this Lease occurs other than on the first day or last day of a calendar month, the rent for such month shall be prorated. Notwithstanding the foregoing, the first full month's Basic Rental shall be paid to Landlord in accordance with Article 1.J. of the Basic Lease Provisions.

  • Base Rental (a) Lessee hereby agrees to pay to Lessor, without setoff or deduction whatsoever, a monthly installment of $3,284.00. Lessee shall also pay, as additional rent, all such other sums of money as shall become due from and payable by Lessee to Lessor under this Lease (Base Rental, any adjustment thereto pursuant to Section 4 hereof, and all such other sums of money due from and payable by Lessee pursuant to this Lease are sometimes hereinafter collectively called "rent"), for the nonpayment of which Lessor shall be entitled to exercise all such rights and remedies as are herein provided in the case of the nonpayment of Base Rental. The Base Rental, together with any adjustment or increase thereto then in effect, shall be due and payable in advance in twelve (12) equal installments on the first (lst) day of each calendar month during the term of this Lease, and Lessee hereby agrees so to pay such Base Rental and any adjustment or increase thereto to Lessor at Lessor's address provided herein (or such other address as may be designated by Lessor in writing from time to time) monthly, in advance, and without demand. If the term of this Lease commences on a day other than the first (lst) day of a month or terminates on a day other than the last day of a month, then the installments of Base Rental and any adjustments thereto for such month or months shall be prorated, and the installment or installments so prorated shall be paid in advance.

  • Assignment of Rents and Leases The Borrower hereby assigns to the Lender all right, title and interest of the Borrower in the Rents and Leases to have and to hold absolutely until all monies secured by this Mortgage and all obligations of the Borrower in this Mortgage have been fully paid and satisfied. The Borrower hereby grants to the Lender full power and authority to enter upon the Lands to collect the Rents, to demand, collect, xxx for, distrain for, recover, receive and give receipts for the Rents, to enforce payment of the Rents and performance of the obligations of any guarantees of payment and covenants to pay, and to exercise all rights in respect of any or all Leases, in the Lender’s own name or in the name of and as agent for the Borrower, as the Lender may elect, and hereby grants to the Lender irrevocable authority to join the Borrower in any such proceedings or actions. Notwithstanding that this is a present and absolute assignment, (subject to redemption on repayment of all monies secured by this Mortgage), the Borrower, as agent for the Lender, shall be entitled to collect and retain the Rents as and when they become due and payable according to the terms of the Lease and to deal with all Leases until the Lender gives notice to tenants directing that they pay the Rents to the Lender. The Borrower covenants that it now has good and sufficient power, authority and right to assign the Rents and Leases and other benefits to the Lender as herein provided and shall not further assign, pledge or otherwise encumber the Rents or Leases, accept any prepayment of the Rents, nor do or omit to do any act having the effect of waiving, releasing, reducing or abating any rights or remedies of the Borrower or any obligations of any other party in connection with the Leases. Nothing herein contained or any action taken by the Lender as provided will make the Lender a mortgagee in possession, or will have the effect of making the Lender responsible for the collection of the Rents or for the observance or performance or enforcement thereof or of any of the provisions of the Leases either by the Borrower or by any other person, liable to account for any monies except such monies as it actually receives pursuant to this assignment of Rents and Leases less proper collection charges, inspection fees, costs (including, without limitation, legal fees and disbursements on a full indemnification basis and in no event less than on a solicitor and client basis) and other expenses expended by the Lender and such monies when so received shall, at the discretion of the Lender, be applied on account of the monies secured by this Mortgage. The giving of this assignment of Rents and Leases is by way of additional and collateral security for all monies secured by this Mortgage and not in substitution for any other security and will not in any way diminish, novate or otherwise affect any other security and such other security will not diminish, novate or otherwise affect this assignment of Rents and Leases. Any right or remedy under this assignment of Rents and Leases may be taken either independently or in conjunction with any other rights or remedies of the Lender under this Mortgage. The Borrower shall execute and deliver such further assurances, assignments, notices or other documents and do all such other things as the Lender may reasonably require from time to time to perfect this assignment of Rents and Leases.

  • Lease Agreement On the terms stated in this Lease, Landlord leases the Premises to Tenant, and Tenant leases the Premises from Landlord, for the Term beginning on the Commencement Date and ending on the Termination Date unless extended or sooner terminated pursuant to this Lease.

  • Sublease Agreement Sublandlord and Subtenant hereby represent that a true and complete copy of the Sublease Agreement is attached hereto and made a part hereof as Exhibit A.

  • Modification of Lease Should any current or prospective mortgagee or ground lessor for the Building or Project require a modification of this Lease, which modification will not cause an increased cost or expense to Tenant or in any other way materially and adversely change the rights and obligations of Tenant hereunder, then and in such event, Tenant agrees that this Lease may be so modified and agrees to execute whatever documents are reasonably required therefor and to deliver the same to Landlord within ten (10) business days following a request therefor. At the request of Landlord or any mortgagee or ground lessor, Tenant agrees to execute a short form of Lease and deliver the same to Landlord within ten (10) business days following the request therefor.

  • Agreement to Lease Landlord agrees to lease to Tenant and Tenant agrees to lease from Landlord, according to the terms and conditions set forth herein, the Premises.

  • Additional Rental Lessee shall pay and discharge, as additional rental (“Additional Rental”), all sums of money required to be paid by Lessee under this Lease which are not specifically referred to as Rental. Lessee shall pay and discharge any Additional Rental when the same shall become due, provided that amounts which are billed to Lessor or any third party, but not to Lessee, shall be paid within thirty (30) days after Lessor’s demand for payment thereof or, if later, when the same are due. In no event shall Lessee be required to pay to Lessor any item of Additional Rental that Lessee is obligated to pay and has paid to any third party pursuant to any provision of this Lease.

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