COLLECTION OF RENT definition

COLLECTION OF RENT. Agent shall use its best efforts in the management of the Property; and Agent shall use due diligence in collecting and enforcing the collection of all rents and other charges due Owner from any tenant(s), pursuant to the terms and conditions of said tenant(s)' respective lease(s).
Sample 1
COLLECTION OF RENT. All rent is due the first of each month. Lessor, at lessor 5 option and with notification to lessee, may pick up the monthly rent check at the premises. If lessor does not contact lessee, rent will be mailed by the first to: Axxxxx X. Xxxxxxxx Phone: 700-000-0000 3000 Xxxxxxx Xxxxxx #0-000 FAX: 700-000-0000 Cxxxx Xxxx, XX 00000 There is a 6% late fee if rent is not postmarked by the third day of each month.
Sample 1

Examples of COLLECTION OF RENT in a sentence

  • EASTGATE TOWNHOMES HOMEOWNERS ASSOCIATION, COLLECTION – COLLECTION OF RENT FROM TENANT RESOLUTION This resolution is made this on the date set forth below by the Board of Trustees for Eastgate Townhomes Homeowners Association, Inc., a Utah non-profit corporation.

  • UPON AGREEING TO SUCH WAIVER, IF THE TENANT FAILS TO PAY RENT, THE LANDLORD HAS THE RIGHT TO BRING AN ACTION FOR POSSESSION AND COLLECTION OF RENT FOR THE REMAINING TERM OF THE RENTAL AGREEMENT.

  • Cohen as Agent for Owner COLLECTION OF RENT FROM SUBTENANTS The Board of Directors wishes to bring to the attention of shareholders and their proposed subtenants the obligations enumerated inparagraph 32(b) of the Cooperative’s proprietary lease and by New York State Law in 1991 which is summarized as follows: Collection of Rent from Subtenants.

  • THE EASTGATE TOWNHOMES HOMEOWNERS ASSOCIATION, COLLECTION – COLLECTION OF RENT FROM TENANT RESOLUTION This resolution is made this on the date set forth below by the Management Committee for The Eastgate Townhomes Homeowners Association, Inc., a Utah non-profit corporation.RECITALS A.

  • LANDLORD SHALL HAVE ALL THE REMEDIES FOR THE COLLECTION OF TENANT'S SHARE OF REAL ESTATE TAXES AND INSURANCE PREMIUMS AS ARE PROVIDED LANDLORD UNDER THE TERMS OF THIS LEASE FOR THE COLLECTION OF RENT.

  • MAY PERFORM AS TO WAIVERS COLLECTION OF RENT FROM OTHERS NO LIABILITY NO ABATEMENT RULES, ETC.

Related to COLLECTION OF RENT

  • Additional Rents means amounts payable under any Lease for (i) the payment of additional rent based upon a percentage of the Tenant’s business during a specified annual or other period (sometimes referred to as “percentage rent”), (ii) so-called common area maintenance or “CAM” charges, and (iii) so called “escalation rent” or additional rent based upon such tenant’s allocable share of insurance, real estate taxes or operating expenses or labor costs or cost of living or xxxxxx’x wages or otherwise.

  • Assignment of Rents means a transfer of an interest in rents in connection with an obligation secured by real property located in this state and from which the rents arise.

  • Gross Rent means the rent for a set-aside unit, including any applicable utility allowances, in compliance with the rent limits applicable to the property for 2020. Gross rent does include optional fees included in the household’s lease, including but not limited to, washer/dryer, cable, parking, etc., as long as they are included in the lease or addendums to the lease. In addition, when a utility that is purchased from or through a local utility company by the Development, who in turn bills residents for actual consumption of the utility will also be eligible when the applicable utility allowance for the Development includes a deduction for the utility and the household’s lease specifies that the resident is responsible for the utility.

  • Residential Rental Unit means an area legally licensed or permitted for use as a living space containing a sleeping area, bathing and sanitation facilities and cooking facilities equipped with a cooking range, refrigerator and sink, all of which are separate and distinct from other Residential Rental Units. Reg. §§ 1.103-8(a) 8(i).

  • Monthly Rent means the monthly installment of Minimum Annual Rent plus the monthly installment of estimated Annual Operating Expenses payable by Tenant under this Lease.

  • Assignment of Rents and Leases means, with respect to the Mortgaged Property, an Assignment of Rents and Leases (and, if there are more than one, each and every one of them), dated as of the Closing Date, granted by the Borrower to Lender with respect to the Leases, as same may thereafter from time to time be supplemented, amended, modified or extended.

  • collection charges means the charges which the Municipality is entitled to recover in terms of section 75A(1) of the Systems Act, and includes the administrative cost –

  • Additional Rental has the meaning set forth in Section 4.03.

  • Rent means Basic Rent and Supplemental Rent, collectively.

  • Advance Rent means moneys paid to the landlord to be applied to future rent payment periods, but does not include rent paid in advance for a current rent payment period.

  • For Rent sign, or both "For Sale" and "For Rent" signs, and all said signs shall be placed upon such part of the Leased Premises as Landlord shall require, except on doors leading into the Leased Premises. Prospective purchasers or tenants authorized by Landlord may inspect the Leased Premises at reasonable hours at any time.

  • Additional Rent means all amounts payable by the Tenant under this Lease except Base Rent, whether or not specifically designated as Additional Rent elsewhere in this Lease;

  • Gross Rents means the actual sum of money or other consideration payable for the use or possession of property. "Gross rents" shall include, but not be limited to:

  • Base Rent $ 25,024 per month ("Base Rent"), payable on the 1st day of each month commencing on the Commencement Date (Also see Paragraph 4.) [ ] If this box is checked, this Lease provides for the Base Rent to be adjusted per Addendum ___, attached hereto. (a) Base Rent Paid Upon Execution: $ N/A as Base Rent for the period N/A.

  • Fixed Rent shall have the meaning set forth in Section 1.1 hereof.

  • Prepaid Rent means any payment of money to the landlord for a rent obligation not yet

  • Excess Rent means the excess of (a) all consideration received by Tenant from a Transfer over (b) Rent payable under this Lease after deducting reasonable tenant improvements paid for by Tenant, reasonable attorneys’ fees and any other reasonable out-of-pocket costs paid by Tenant as a result of the Transfer (but specifically excluding any Rent paid to Landlord while the Premises is vacant).

  • To rent means to lease, to sublease, to let, or otherwise to grant for consideration the right to

  • Collection site means the location of waste containers on collection day.

  • Ground Rent means any rent, additional rent or other charge payable by the tenant under the Ground Lease.

  • Rent Payment means the amount payable by Lessee for the Assets as specified in the applicable Schedule.

  • Base Rental means the amount of rent due to Landlord per square foot for the first year of the Term. Base Rental for the first year of Term shall be $24 per square foot for the building and $7.50 per square foot for the drive thru at the Premises. Year Per Sq Ft First Floor Per Sq Ft Drive Thru Total Per Annum Total Per Month 1 $ 24 $ 7.50 $ 101,286 $ 8,440.50

  • Basic Rent means Basic Rent as defined in Paragraph 6.

  • Sublease Payment means any payment required to be made by the District pursuant to Section 7 of the Sublease.

  • Lease Payments means the rental payments described in Exhibit A hereto.

  • Rental Charges means the charges payable for renting the Vehicle from Us together with GST and any other taxes or levies which are all fully set out in the Rental Agreement.