Examples of Monthly Rent in a sentence
On or before the commencement of the Term, the Tenant will pay to the Landlord a security deposit equal to the amount of the Monthly Rent which the Landlord will hold as security for the Tenant’s obligations under this Lease.
In addition to the Late Fee, additional late charges of $ per day (“Per Diem Late Charge”) shall accrue from the 6th day after the rent is due until the accrued Monthly Rent as well as the Late Fee and Per Diem Late Charges are ALL paid in full.
If the Term commences on a day other than the first day of a month, then the rent for the first partial month is due on the first day of the Term of this Lease and will equal the Monthly Rent prorated based on the number of days in the month.
The Tenant will pay the Monthly Rent to the Landlord as rent payable in advance on the first (1st) day of each month for the use and occupancy of the Premises.
Rent for any holdover period (the “Holdover Rent”) will be two times the Monthly Rent specified below calculated on a daily basis from the Termination Date through and including the date the Property is vacated.