Default in Rent Clause Samples
The "Default in Rent" clause defines the consequences and procedures that apply when a tenant fails to pay rent on time as required by the lease agreement. Typically, this clause outlines the grace period (if any) for late payments, the imposition of late fees, and the landlord's rights to issue notices or pursue legal remedies such as eviction if the default is not cured. Its core practical function is to protect the landlord's financial interests by establishing clear expectations and consequences for non-payment, thereby encouraging timely rent payments and providing a structured process for addressing payment issues.
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Default in Rent. Failure of Lessee to pay any rent or other charge within TEN (10) days after it is due.
Default in Rent. Failure of Tenant to pay any installment of Rent within ten (10) days after written notice by Landlord, provided Landlord shall not be required to give written notice of nonpayment more than twice during any calendar year. After Landlord has twice given notice of nonpayment during a calendar year, Tenant shall be in default upon failure to pay any installment of Rent within ten (10) days after the due date for such installment, without the requirement of notice and opportunity to cure.
Default in Rent. Failure of Tenant to pay any rent or other charge within ten (10) days after it is due.
Default in Rent. Failure of Tenant to pay any rent or other charge within ten (10) days after it is
Default in Rent. Failure of Tenant to pay any rent or other charge within 10 days after written notice from Landlord, provided, however, that Landlord shall not be obligated to give notice that rent is due more than twice in any calendar year. After the second written notice in any calendar year, Tenant shall be in default without further written notice.
Default in Rent. In the event that the Rent remains unpaid seven (7) days after becoming due and payable (whether formally demanded or not), it shall be lawful for the Landlord to claim interest at ten percent (10%) per annum on the amount unpaid calculated from after the date due to the date of full payment.
Default in Rent. Notwithstanding anything to the contrary herein (i) Tenant shall not be deemed in default in the payment of fixed annual rent unless Tenant fails to pay the same when due and thereafter cure such default within ten (10) days after notice of such default from Owner; provided, however, that if Owner shall have given two such notices in any calendar year, any subsequent failure by Tenant, during such calendar year, to pay fixed annual rent on the due date thereof shall be deemed an immediate default hereunder without any requirement of notice nor opportunity to cure, and (ii) Tenant shall not be deemed in default in the payment of any additional rent due hereunder unless Tenant fails to pay the same when due and thereafter cure such default within ten (10) days after notice of such default from Owner; provided, however, that if Owner shall have given two such notices in any calendar year, any subsequent failure by Tenant, during such calendar year to pay any additional rent on the due date thereof shall be deemed an immediate default hereunder without any requirement of notice nor opportunity to cure.
Default in Rent. Failure of Tenant to pay any installment of Rent within ten (10) days after written notice by Landlord specifying the nature of the default with reasonable particularity.
Default in Rent. Failure of Lessee to pay any Rent or other charge within 10 days after written notice from Lessor. However, Lessor will not be required to provide such notice more than 2 times in any calendar year. Thereafter, failure to pay Rent by the due date will be deemed an automatic Event of Default for which no additional notice or cure period need be granted.
Default in Rent. An Event of Default shall occur if Concessionaire fails to pay timely any Rent or Additional Rent when due and such failure or violation is not cured within ten (10) days after written notice by the City describing the nature of the breach or Default.