Prorated Rent definition

Prorated Rent. If the Commencement Date is on a day other than the first day of a month, Tenant will pay Landlord as prorated rent, an amount equal to the base monthly rent multiplied by the following fraction: the number of days from the Commencement Date to the first day of the following month divided by the number of days in the month in which this lease commences. The prorated rent is due on or before the Commencement Date.

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Prorated Rent. TENANT agrees to pay the sum of N/A as pro-rated rent for the period N/A to N/A. ADVANCE RENT: TENANT agrees to pay the sum of $1,500.00 as advance rent representing payment for the last month of lease term or any renewal. RENT: TENANT agrees to pay the monthly rent amount of $1,500.00 plus any applicable sales tax as rent on the 1st day of each month in advance without demand at LINDSAY LEASING, LLC, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇, Sarasota, FL 34233 Phone number (▇▇▇) ▇▇▇-▇▇▇▇ Emergency phone number (▇▇▇) ▇▇▇-▇▇▇▇. Rent must be received by LANDLORD or its designated AGENT on or before the due date. A late fee of $50.00 plus $5.00 per day thereafter shall be due as additional rent if TENANT fails to make rent payments on or before the 2nd day of each month. Cash payments are not accepted. If TENANT'S check is dishonored, all future payments must be made by money order or cashier's check; dishonored checks will be subject to the greater of 5% of the check amount or a $40.00 charge as additional rent. If LANDLORD has actual knowledge that there are insufficient funds to cover a check, rent will be considered unpaid, LANDLORD may serve TENANT with a Three Day Notice and will not be required to deposit the check. Third party checks are not permitted. Time is of the essence. The imposition of late fees and/or dishonored check charges is not a substitution or waiver of available Florida law remedies. If rent is not received by the 1st day of each month, LANDLORD may serve a Three Day Notice on the next day or any day thereafter as allowed by law, and LANDLORD has the right to demand that late payments shall only be in the form of a money order or a certified check. All signatories to this lease are jointly and severally responsible for the faithful performance of this lease. All payments made shall first be applied to any outstanding balances of any kind including late charges and/or any other charges due under this lease. All notices by TENANT to LANDLORD shall be sent to LANDLORD'S address above by certified mail.

Prorated Rent means the net amount of the items prorated between the Unitholders and Parent on Exhibit C, which net amount shall be deemed to be a positive number if such net amount is in the Unitholders’ favor (in which case it shall increase the amount payable by Parent at Closing, in accordance with the definition of Merger Consideration) or a negative number if such net amount is in Parent’s favor (in which case it shall decrease the amount payable by Parent at Closing, in accordance with the definition of the Merger Consideration).

Examples of Prorated Rent in a sentence

• The first month’s rent and/or prorated rent amount of <<Prorated Rent>> shall be due prior to move-in.

• Pro-rated Rent (if applicable): The Lessee agrees to a pro-rated rent of $ which is to be paid in advance to cover the period from to .

• Beginning with the first day of the next calendar month after the period covered by the Prorated Rent, and continuing throughout the term of this Lease Agreement, Lessee shall pay the Monthly Rent identified on page 1 each month in advance on or before the first day of each month.

• Prorated Rent Amount This amount will be paid on or before the date the Tenant moves in.

• Prorated Rent Amount This amount will be paid on or before the date the Sublessee moves in.

• The Prst month’s rent and/or prorated rent in the amount of <<Prorated Rent>> shall be due prior to lease commencement.

• Prorated Rent – Use time when there is a delay in the transfer date, the owner can adjust the normal monthly payment on behalf of the days when the tenant was unable to reside within the property.

• The first month’s rent and/or prorated rent in the amount of <<Prorated Rent>> shall be due prior to lease commencement.

• Prorated Rent (Check one) ☐ Rent for any period during the Term which is for less than one year will be a pro rata portion of the annual installment.

• Prorated Rent: On or before _____________ (date) Cosmetologist will pay Owner $_______ as prorated rent from the Commencement Date through the last day of the week in which this lease begins.

More Definitions of Prorated Rent

Prorated Rent. $__________ is due on ___________, 20__.