Examples of Rent Charges in a sentence
If the buyer fails to lift the material within 60 calendar days as above, he shall be allowed to lift the material with application of Ground Rent Charges @ 0.1% (zero point one percent) of the value corresponding to non-lifted quantity of the lot per day w.e.f. 61st calendar day till 90th calendar day from the date of e-auction (excluding the date of e-auction), unless stated otherwise.
Failing such removal, the Terminal Operator’s rights shall include but will not be limited to refusing to accept thenceforth from the Owner any further uncontainerised cargo onto the Terminal, the imposition of a failed collection premium on the Rent Charges, and rights of sale and disposal pursuant to statute or otherwise.
Failing such removal, the Terminal Operator’s rights shall include but will not be limited to refusing to accept thenceforth from the Shipowner any further empty containers onto the Terminal, the imposition of a failed collection premium on the Rent Charges, and rights of sale and disposal pursuant to statute or otherwise.
Rent Charges in respect of the storage of empty containers on the Terminal, excluding those within the free storage allowance (if any), shall be charged to the Shipowner on a monthly basis at such rates relating thereto as are in force from time to time.
Any arrears of Rent Charges shall bear interest from the due date until payment at a rate of 18% per annum accruing daily, and shall be a charge upon the Lands or Future Lot or Lots in question in the same manner as the Rent Charge charged on the Lands.
Failing such removal, the Terminal Operator’s rights shall include but will not be limited to refusing to accept thenceforth from the Owner any further laden containers onto the Terminal, the imposition of a failed collection premium on the Rent Charges, and rights of sale and disposal pursuant to statute or otherwise.
Service Charges are set locally each year and are in addition to the Rent Charges.
Because returned checks require additional processing time, they will also incur Late Rent Charges as described above.
Retroactive Rent Charges Retroactive Rent Charges will be due and payable within seven (7) days of written notice unless arrangements are made prior to this day to make installment payments.
Commission charges shall not be payable on the amounts of statutory taxes and Duties, delayed payment charges, Ground Rent Charges, payments made by the purchaser but material not lifted and forfeited deposits for the lots not lifted by the purchasers.