Postdated Cheques. Should the Tenant demonstrate a pattern of late Rent payments, the Landlord may, at its option, require that the Tenant deposit with the Landlord postdated cheques for monthly Rent instalments. Said cheques shall be dated and be in amounts in accordance with the monthly payments of Rent including without limitation Sales Taxes and Management Fee.
Appears in 2 contracts
Sources: Lease (Sparkling Spring Water Group LTD), Lease Agreement (Sparkling Spring Water Holdings LTD)