TENANT COMPENSATION definition

TENANT COMPENSATION. BROKER is given the authority to use LANDLORD'S funds to pay for up to 3 night's hotels for a TENANT and/or xxxxx a TENANT'S rent for up to one week, without LANDLORD'S permission, if in the opinion of BROKER the TENANT has suffered an inconvenience or diminishment in value of the premises to due to some unforeseen problem. This is to help reduce the chance of litigation against the LANDLORD.
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TENANT COMPENSATION. LANDLORD’S AGENT is given the authority to use LANDLORD’S funds to pay for up to 3 night’s hotel for a TENANT and/or xxxxx a TENANT’S rent for up to one week, without LANDLORD’S permission, if in the opinion of LANDLORD’S AGENT the TENANT has suffered an inconvenience or diminishment in value of the premises to due to some unforeseen problem. This is to help reduce the chance of litigation against the LANDLORD. MANAGEMENT FEES AND OTHER FEES: LANDLORD’S AGENT shall be entitled to fees from all rent monies collected from the TENANT, or retained from the security deposit or last month’s rent, if owed by the TENANT upon vacating, and shall retain any charges deemed "additional rent" or fees in the lease agreement including but not limited to renewal fees and application fees. All Late charges or fees owed by any TENANT(S) shall be collected at the sole discretion of LANDLORD’S AGENT.
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TENANT COMPENSATION. BROKER is given the authority to use LANDLORD’S funds to pay for up to 3 night’s hotel for a TENANT and/or xxxxx a TENANT’S rent for up to one week, without LANDLORD’S permission, if in the opinion of BROKER the TENANT has suffered an inconvenience or diminishment in value of the premises to due to some unforeseen problem. This is to help reduce the chance of litigation against the LANDLORD. **REPAIR ACCOUNT: In order to maintain the Repair Account, LANDLORD will provide broker with $300 and if this account falls below this amount, broker may replenish it from the rents held or received. In the event repairs are made and funds are not sufficient, BROKER shall withhold the amount disbursed from the next ensuing rent payment or from any rents received but not yet forwarded to LANDLORD. BROKER will arrange for all repairs, inspections, maintenance and cleanings, unless XXXXXXXX has notified BROKER in writing prior to the commencement of repairs to use someone else that LANDLORD has selected, and LANDLORD makes arrangements with the third party directly. XXXXXXXX agrees that they shall pay third party directly and shall indemnify and hold BROKER harmless for payment of same or for said vendor’s failure to abide by state, local or federal law or in the event of pre-1978 properties, the failure of such vendor not to be certified under the Federal RRP Rules. At BROKER’S option, if there are not sufficient funds to make a repair, BROKER can require payment by LANDLORD prior to making the repairs and shall hold BROKER harmless for any delay or failure to make a repair if the funds are not available. MANAGEMENT FEES, OTHER FEES AND COMMISSIONS: BROKER shall be entitled to a commission from all rent monies collected from the TENANT, or retained from the security deposit or last month’s rent, if owed by the TENANT upon vacating, and shall retain any charges deemed “additional rent” or fees in the lease agreement including but not limited to renewal fees, month to month fees, application fees, nonrefundable pet fees minus any pet damages and late fees/charges. All late charges or fees owned by any TENANT(S) shall be collected at the sole discretion of the BROKER and BROKER shall retain any such charges, fees and late fees even though they may be defined as “additional rent” in the lease agreement which allows these sums to be placed on a Three Day Notice.
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Examples of TENANT COMPENSATION in a sentence

  • Loan applications recorded a 6.7% decline to RM205.4 billion while loan approvals decreased 7% to RM103.5 billion (Q1 2013: -5.0%; RM185.7 billion; -2.9%, RM87.2 billion).

  • TENANT COMPENSATION TO BROKER: Upon execution of this Agreement, Tenant agrees to pay compensation to Broker as specified in a separate written agreement between Tenant and Broker.

Related to TENANT COMPENSATION

  • 415 Compensation means:

  • Access Compensation is the compensation paid by one Party to the other Party for the origination/termination of intraLATA toll calls to/from its End User. Access compensation is in accordance with the LEC’s tariffed access rates.

  • Basic Compensation means Salary and Benefits.

  • Covered Compensation means any Incentive-Based Compensation granted, vested or paid to a person who served as an Executive Officer at any time during the performance period for the Incentive-Based Compensation and that was Received (i) on or after October 2, 2023 (the effective date of the Nasdaq listing standards), (ii) after the person became an Executive Officer, and (iii) at a time that the Company had a class of securities listed on a national securities exchange or a national securities association such as Nasdaq.

  • Final compensation of a member means:

  • Termination Compensation means a monthly cash amount equal to one-twelfth ( 1/12th) of the highest amount of the annual cash compensation (including cash bonuses and other cash-based compensation, including for these purposes amounts earned or payable whether or not deferred) received by Executive during any one of the three (3) calendar years immediately preceding the calendar year in which Executive’s Termination Date occurs; provided, that if the cash compensation received by Executive during the Termination Year exceeds the highest amount of the annual cash compensation received by Executive during any one of the immediately preceding three (3) consecutive calendar years, the cash compensation received by Executive during the Termination Year shall be deemed to be Executive’s highest amount of annual cash compensation. In no event shall Executive’s Termination Compensation include equity-based compensation (e.g., income realized as a result of Executive’s exercise of non-qualified stock options or other stock based benefits).

  • Unemployment compensation means cash benefits (including depend- ents’ allowances) payable to individ- uals with respect to their unemploy- ment, and includes regular, additional, emergency, and extended compensa- tion.(2) Regular compensation means unem- ployment compensation payable to an individual under any State law, but not including additional compensation or extended compensation.(3) Additional compensation means un- employment compensation totally fi- nanced by a State and payable under a State law by reason of conditions of high unemployment or by reason of other special factors.(4) Emergency compensation means supplementary unemployment com- pensation payable under a temporary Federal law after exhaustion of regular and extended compensation.(5) Extended compensation means un- employment compensation payable to an individual for weeks of unemploy- ment in an extended benefit period, under those provisions of a State law which satisfy the requirements of the Federal-State Extended Unemploy- ment Compensation Act of 1970, as amended, 26 U.S.C. 3304 note, and part 615 of this chapter, with respect to the payment of extended compensation.

  • Total Compensation means the cash and noncash dollar value earned by the executive during the Contractor’s preceding fiscal year and includes the following (for more information see 17 CFR 229.402(c)(2)):

  • Compensation Year means a period of 12 months expiring 31 March in any year;