Common use of Mail Box Clause in Contracts

Mail Box. (a) The Tenant shall at its own costs and expenses, subscribe to the mail box to be provided by the Landlord located at the designated area in the Mall for the daily communication, receipt of notices, mails and correspondences during the term; (b) The Tenant shall check and clear the mail box on a daily basis. The Tenant shall be wholly responsible for any consequences for its failure to obtain information or notices. (c) The Tenant shall at all time during the term of this Agreement, maintain, repair and keep the mail box in good and substantial working order and condition at its own costs and expenses. (d) The Tenant shall, on or before the handover of the Demised Premises, deposit with the Landlord a Mail Box Deposit as security for the mail box, which shall be refundable free of interest upon the expiry of the tenancy and the handover of the mail box in good and substantial repair, working order and condition subject always to the terms and conditions contained herein. (e) Upon expiry and/or sooner determination of the tenancy, if there is defect detected during handover of the mail box, the Tenant shall at its own costs and expenses, repair and make good the mail box within seven (7) days upon such notice. Failing which, the Landlord will undertake to repair and make good of the mail box and be entitled to forfeit the Mail Box Deposit. Any insufficient sum of repair after deducting from the Mail Box Deposit shall be deemed as a debt due and owing from the Tenant to the Landlord. (f) In the event of non-compliance therewith, the Tenant shall pay to the Landlord a deterrent fee of Ringgit Malaysia Five Hundred (RM500) Only for each non-compliance or any breach, misuse, negligence or damage to the mail box provided.