Examples of NSF in a sentence
Tenant acknowledges that either late payment of Rent or issuance of a NSF check may cause Landlord to incur costs and expenses, the exact amount of which are difficult and impractical to determine.
Landlord and Xxxxxx agree that these charges represent a fair and reasonable estimate of the costs Landlord may incur by reason of Tenant's late or NSF payment.
Any late charge, delinquent interest, or NSF fee due shall be paid with the current installment of Rent.
Xxxxxxxx's right to collect a Late Charge or NSF fee shall not be deemed an extension of the date Rent is due under paragraph 5 or prevent Landlord from exercising any other rights and remedies under this agreement, and as provided by law.
If any installment of Rent due from Tenant is not received by Landlord within 5 calendar days after date due, or if a check is returned NSF, Tenant shall pay to Landlord, respectively, $5,000 as late charge, plus 10% interest per annum on the delinquent amount and $5,000 as an NSF fee, any of which shall be deemed additional Rent.