Additional Damages. If for any reason you fail to fulfill all of your obligations under the Lease Contract, or if for any reason the lease agreement terminates due to a breach by you, you shall pay Owner/Agent a $1,000.00 plus tax marketing cost/re-letting/administration fee, along with any other charges for rent and/or damages for which you are responsible under the terms of this Lease Contract, notwithstanding any other rights that Owner/Agent may have under this Lease Contract. Furthermore, if you have received any concessions of rent for any reason, and for any reason you fail to fulfill all the obligations of this Contract, then all concessions shall immediately become due and owing as additional rent and must be repaid immediately to Owner/Agent. By initialing below, you acknowledge and agree to the terms in Section 1. X Initial Here
Appears in 2 contracts
Sources: Lease Agreement, Lease Agreement