Rent Default definition

Rent Default means when the tenant fails to pay rent in accordance with a rental agreement and /or periodic tenancy agreement.
Rent Default means any failure by Tenant to pay any installment of Rent when due hereunder.
Rent Default means the failure of the tenant of the "rental unit" to pay the rent due according to a written "lease" agreement with you when one or more of the following conditions exits:

Examples of Rent Default in a sentence

  • Rent Default and Theft by Tenant (This cover only applies if your current schedule indicates you have this cover and you have buildings or contents cover.) Rent default If you have this cover, we will pay you for your loss of rent due to the occurrence of one or more of the following insured events for the periods stated.

  • Condition General condition “Automatic reinstatement” does not apply to the cover provided under this additional benefit for Rent default.

  • Rent default Rent default means your tenant fails to pay rent in accordance with the lease agreement.

  • Rent default could have an adverse impact on the performance of the Sub-fund.

  • Mortgagee cures any Rent default of Tenant out of income and rent remaining after paying items (ii) through (iii) above and after mortgagee’s reasonable expenses incurred in operating the Leased Premises and improvements.

  • If you have selected and paid for this Rent default option it will be shown on your Policy Schedule.

  • Most of the 1 billion board feet of hardwood is black cottonwood.

  • If you have selected and paid for the 'Rent default' option, it will be shown on your Policy Schedule.

  • Rent default by tenant option‌ Rent default by tenant option for additional premium The Rent default option may be obtained on application, and for an additional premium (subject to our agreement).

  • I / We agree to pay Government, General and Sales Tax (State and Central), Excise and Octroi duties, for insurance and all other taxes including Service tax, turnover tax, VAT etc.


More Definitions of Rent Default

Rent Default. If Tenant has not paid the rent by the tenth (I 0th) day of the month, said amount is deemed delinquent and will be interest-bearing at the rate of 10% per annum retroactive to the first day of the month for which the rent has not been paid.
Rent Default means your tenant fails to pay rent in accordance with the lease agreement. We will pay your rent lost by reason of rent default if your tenant:
Rent Default means the Tenant's failure to pay rent when due for the Property under the Tenancy Agreement.
Rent Default. If default is made in the payment of rent, at times above stated, or if the LESSEES shall breach any of the covenants and agreements herein stated, the LESSORS shall have the right at any time thereafter, to declare this lease void and the terms herein contained ended by serving at least ten days written notice upon the LESSEES setting forth the default, and if the default is not corrected within the said ten (15) days thereafter, the LESSORS may enter without notice or demand. The LESSEES shall be liable for all loss or damages from such default.

Related to Rent Default

  • Payment Default has the meaning set forth in Section 5.4(a) of the Indenture.

  • Non-Payment Default means any event (other than a Payment Default) the occurrence of which entitles one or more Persons to accelerate the maturity of any Designated Senior Indebtedness.

  • Incipient Default means any occurrence that is, or with notice or lapse of time or both would become, an Event of Default.

  • Landlord Default shall have the meaning given such term in Article 14.

  • Potential Event of Default means any event which, with the giving of notice or the lapse of time or both, would constitute an Event of Default.

  • Event of Default has the meaning specified in Section 8.01.

  • Financial Covenant Event of Default has the meaning specified in Section 8.01(b).