Common use of Irregular Periods Clause in Contracts

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.

Appears in 1 contract

Sources: Lease Agreement

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-pro rata adjustment shall be made on a daily basis in order to compute payment for such irregular period.

Appears in 1 contract

Sources: Lease Agreement