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.

  • Fannie Mae’s “pay for performance” approach provided a cash payment for achieving annual financial goals and stock-based awards for medium and long-term performance.

  • 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.

  • 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.

  • Blue (red) lines show the levels obtained with- out (with) spin-orbit coupling.

  • 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.

  • 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.

  • COLLECTION OF RENT DUE In cases where the owner of a leased or rented property on which rates are outstanding cannot be located or the owner refuses to settle the amount outstanding, notice will be served on the lessee.

  • This included an invitation to the British Security Industry Association and the International Professional Security Association (IPSA) to; ➢ collate the views of their security guarding members ➢ accept the agreements outlined and make an offer of monthly licence application profiles for their members spread over the transitional period covering all security guarding sectors e.g. SG, CP and CVIT The transitional proposal was also send to small and large companies.

  • NOTWITHSTANDING THE FOREGOING, THE RESIDENT ACKNOWLEDGES, UNDERSTANDS AND AGREES: ● THIS LEASE IS FULLY BINDING REGARDLESS OF FAILURE TO SUBMIT A PARENTAL OR SPONSOR GUARANTY; LANDLORD RESERVES THE RIGHT TO EXERCISE ALL AVAILABLE REMEDIES FOR THE RESIDENT’S FAILURE TO PROVIDE AND TO MAINTAIN A PARENTAL OR SPONSOR GUARANTY, INCLUDING, BUT NOT LIMITED TO, AN EVICTION (WITHOUT WAIVER OF ALL OTHER RIGHTS, INCLUDING COLLECTION OF RENT DUE UNDER THIS LEASE FOR ITS FULL TERM).

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 an instrument that transfers the beneficial interest under a deed of trust from one lender/entity to another.

  • 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.

  • 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.

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

  • Rent as used in this Section 21 shall be deemed to be and to mean all sums of every nature required to be paid by Tenant pursuant to the terms of this Lease, whether to Landlord or to others. As used in Sections 21(c)(ii)(A) and (B), above, the “worth at the time of award” shall be computed by allowing interest at the Default Rate. As used in Section 21(c)(ii)(C) above, the “worth at the time of award” shall be computed by discounting such amount at the discount rate of the Federal Reserve Bank of San Francisco at the time of award plus 1%.

  • For Rent or "For Sale" thirty (30) days before the termination of this Lease. Landlord may enter the Premises at reasonable hours to exhibit same to prospective purchasers or tenants and to make repairs required of Landlord under the terms hereof, or to make repairs to Landlord's adjoining property, if any.

  • 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 As defined in Section 3.1.

  • 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).

  • 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 sum of Seven Hundred Nineteen Thousand Two Hundred Sixty-Eight and NO/100 Dollars ($719,268.00), payable by Tenant to Landlord in sixty (60) monthly installments as follows:

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

  • Sublease Payment means any payment required to be made by the District pursuant to Article 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.

  • Residential rental property means property that is used solely as leased or rented property for residential purposes. If the property is a space rental mobile home park, residential rental property includes the rental space that is leased or rented by the owner of that rental space but does not include the mobile home or recreational vehicle that serves as the actual dwelling if the dwelling is owned and occupied by the tenant of the rental space and not by the owner of the rental space.

  • Utility Charges means water, sewer, electricity, gas and other utility charges, if any, applicable to the Real Property or the Leased Real Property;

  • Miscellaneous Charges mean charges that apply for miscellaneous services provided at CLEC's request or based on CLEC's actions that result in miscellaneous services being provided by CenturyLink, as described in this Agreement.