Common use of Default Charges Clause in Contracts

Default Charges. 1. If the Tenant fails to comply with the Tenant's Obligations, the Tenant will be liable to pay to the Landlord, in addition to any interest on late payment due under clause 4.3, the Landlord's proper and reasonable costs (including legal fees, court fees and other professional fees, VAT and out-of-pocket expenses) incurred in, or in contemplation of, enforcing the Landlord's rights and the Tenant's Obligations in this Agreement. 2. These costs will be payable within 14 days of the Landlord's invoice, and if not paid will carry interest in accordance with clause 4.3. The Landlord may charge against the Deposit all sums to which the Landlord is entitled by this clause and by clause 4.3.

Appears in 2 contracts

Sources: Assured Shorthold Tenancy Agreement, Assured Shorthold Tenancy Agreement

Default Charges. 1. (a) If the Tenant fails to comply with the Tenant's ’s Obligations, the Tenant will be liable to pay to the Landlord, in addition to any interest on late payment due under clause 4.3, the Landlord's ’s proper and reasonable costs (including legal fees, court fees and other professional fees, VAT and out-of-of- pocket expenses) incurred in, or in contemplation of, enforcing the Landlord's ’s rights and the Tenant's ’s Obligations in this Agreement. 2. (b) These costs will be payable within 14 days of the Landlord's ’s invoice, and if not paid will carry interest in accordance with clause 4.3. The Landlord may charge against the Deposit all sums to which the Landlord is entitled by this clause and by clause 4.3.

Appears in 2 contracts

Sources: Assured Shorthold Tenancy Agreement, Assured Shorthold Tenancy Agreement

Default Charges. 1. a. If the Tenant fails to comply with the Tenant's Obligationsobligations, the Tenant will be liable to pay to the Landlord, in addition to any interest on late payment due under clause 4.34.2, the Landlord's proper and reasonable costs (including legal fees, court fees and other professional fees, VAT and out-of-pocket expenses) incurred in, or in contemplation of, enforcing the Landlord's rights and the Tenant's Obligations obligations in this Agreement.; 2. b. These costs will be payable within 14 10 days of the Landlord's invoice, and if not paid will carry interest in accordance with clause 4.34.2. The Landlord may charge against the Deposit all sums to which the Landlord is entitled by this clause and by clause 4.3.4.2;

Appears in 1 contract

Sources: Assured Shorthold Tenancy Agreement