Irregular Periods Clause Samples
The "Irregular Periods" clause defines how payments, obligations, or other recurring events are handled when they do not follow the standard or expected schedule. For example, this clause may address situations where a payment period is shorter or longer than usual, such as at the start or end of a contract, or when a schedule is disrupted by holidays or other events. Its core function is to ensure that all parties understand how to calculate and fulfill their responsibilities during these atypical periods, thereby preventing confusion and disputes over timing or amounts due.
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Irregular Periods. All Rent payments required to be made by the Tenant under this Lease shall be deemed to accrue from day to day and if for any reason it shall become necessary to calculate Rent for irregular periods of less than one year, an appropriate pro-rata adjustment shall be made on a daily basis in order to compute payment for such irregular period.
Irregular Periods. If, for any reason, it becomes necessary to calculate Annual Basic Rent or Additional Rent for irregular periods, an appropriate pro rata adjustment will be made on a daily basis in order to compute such rent for such irregular periods, unless otherwise expressly set out in this Lease.
Irregular Periods. If the Term begins or ends other than on the first or last day of a month or if the first or last fiscal period or tax period is less than months, Rent for any broken month or broken period will be pro rated at a rate per day equal to 1/365 of the Rent applicable in that calendar year.
Irregular Periods. All Rent shall be deemed to accrue from day to day and if for any reason it shall become necessary to calculate Rent for irregular periods of less than one (1) year, an appropriate pro-rata adjustment shall be made on a daily basis in order to compute payment for such irregular period.
Irregular Periods. All rental and other periodical payments reserved In this Lease shall be deemed to accrue from day to day and if for any reason It becomes necessary to calculate rental or such payments for