Common use of Deposit and Fees Clause in Contracts

Deposit and Fees. Occupant have at all times credit card on file with Operator as security to be kept on file and disbursed for any damages to the premises (if any) as provided by law. Credit card may be same card on file for monthly rent owed during the term of the rental agreement. Any unpaid rent payments due and/or repair cost for damages caused by Occupant left unpaid shall accrue interest of 5% per month, compounded monthly, until such time as entire balance due (including late rent, damages and interest) are paid in full. Within 30 days of the Occupant vacating the premises, Operator shall return the balance, if any, to the Occupant Concurrently with the execution of this Rental Agreement, the Occupant shall also pay to the Operator a nonrefundable New Account Administration Fee in the amount of $ 0 . A statement for the monthly rent will not be sent to the Occupant. If all rent is not paid within three (3) days of rent being due, then a late fee of $ 25 for each late rental payment or N/A % of the amount of each rental payment, whichever is greater, will be due. All said late charges shall be immediately due and payable without demand from the Operator. If any check is dishonored for any reason, all rent or late fees shall be immediately due and payable in addition to a return check charge identified above as an NSF fee in the amount of $25. Occupant will also be denied access to its Space until full payment is received. If the Occupant’s property is processed for public or private sale, the Occupant shall be responsible for a minimum sale processing fee as shown above as the Sale Fee in the amount of $750 as well as all costs of sale borne by Operator.

Appears in 1 contract

Sources: Storage Space Rental Agreement

Deposit and Fees. Occupant have at all times credit card on file shall deposit with Operator the sum of $ 0 as a security deposit to be kept on file held and disbursed for any damages to the premises (if any) as provided by law. Credit card Occupant may be same card on file not use said deposit for monthly rent owed during the term of the rental agreement. Any unpaid rent payments due and/or repair cost for damages caused by Occupant left unpaid shall accrue interest of 51.5% per month, compounded monthly, until such time as entire balance due (including late rent, damages and interest) are paid in full. Within 30 days of the Occupant vacating the premises, Operator shall return the balance, if any, to the Occupant Concurrently with the execution of this Rental Agreement, the Occupant shall also pay to the Operator a nonrefundable New Account Administration Fee in the amount of $ 0 . A statement for the monthly rent will not be sent to the Occupant. If all rent is not paid within three (3) days of rent being due, then a late fee of $ 25 for each late rental payment or N/A % of the amount of each rental payment, whichever is greater, will be due. All said late charges shall be immediately due and payable without demand from the Operator. If any check is dishonored for any reason, all rent or late fees shall be immediately due and payable in addition to a return check charge identified above as an NSF fee in the amount of $25. Occupant will also be denied access to its Space until full payment is received. If the Occupant’s property is processed for public or private sale, the Occupant shall be responsible for a minimum sale processing fee as shown above as the Sale Fee in the amount of $750 500 as well as all costs of sale borne by Operator.

Appears in 1 contract

Sources: Storage Space Rental Agreement

Deposit and Fees. Occupant have at all times credit card on file shall not be required to provide a deposit with Operator as security to be kept on file and disbursed for any damages to the premises (if any) as provided by law. Credit card may be same card on file for monthly rent owed during the term of the rental agreementOperator. Any unpaid rent payments due and/or repair cost for damages caused by Occupant left unpaid shall accrue interest of 51.5% per month, compounded monthly, until such time as entire balance due (including late rent, damages and interest) are paid in full. Within 30 days of the Occupant vacating the premises, Operator shall return the balance, if any, to the Occupant Concurrently with the execution of this Rental Agreement, the Occupant shall also pay to the Operator a nonrefundable New Account Administration Fee in the amount of $ 0 [Facility.AdminFee]. A statement for the monthly rent will not be sent to the Occupant. If all rent is not paid within three (3) days of rent being due, then a late fee of $ 25 for each late rental payment or N/A % of the amount of each rental payment, whichever is greater, will be due. All said late charges shall be immediately due and payable without demand from the Operator. If any check is dishonored for any reason, all rent or late fees shall be immediately due and payable in addition to a return check charge identified above as an NSF fee in the amount of $25fee. Occupant will also be denied access to its Space until full payment is received. If the Occupant’s property is processed for public or private sale, the Occupant shall be responsible for a minimum sale processing fee as shown above as the Sale Fee in the amount of $750 100 as well as all costs of sale borne by Operator.

Appears in 1 contract

Sources: Storage Rental Agreement