Rent and Additional Rent Payments Clause Samples

POPULAR SAMPLE Copied 1 times
Rent and Additional Rent Payments. Monthly Rent and Additional Rent and all other charges payable to the Lessor under this Lease shall constitute “rent” under applicable law. Such rent shall be payable monthly, without notice, in advance, and is due on or before the first (1st) day of each month after commencement of this Lease until said tenancy is terminated and ▇▇▇▇▇▇’s home is removed from Cimarron Creek. Rent may be paid by check or credit card at the on-site property manager’s office, online on the Resident Portal, in the drop slot at the community centers front door, but the Lessor reserves the right to require that rent be paid in a single check rather than multiple checks, or in the form of a cashier’s check, certified check or money order. Lessee may not withhold or offset any amounts against the rent due the Lessor unless authorized by statute.
View SourceView Similar (8)
Rent and Additional Rent Payments. Monthly Rent and Additional Rent and all other charges payable to the Lessor under this Lease shall constitute “rent” under applicable law. Such rent shall be payable monthly, without notice, in advance, and is due on or before the first (1st) day of each month after commencement of this Lease until said tenancy is terminated and Lessee’s home is removed from Midlands Village. Rent may be paid by check or credit card at the on-site property manager’s office, online on the Resident Portal, in the drop slot at the community centers front door, but the Lessor reserves the right to require that rent be paid in a single check rather than multiple checks, or in the form of a cashier’s check, certified check or money order. Lessee may not withhold or offset any amounts against the rent due the Lessor unless authorized by statute.
View SourceView Similar (7)
Rent and Additional Rent Payments. Monthly Rent and Additional Rent and all other charges payable to the Lessor under this Lease shall constitute “rent” under applicable law. Such rent shall be payable monthly, without notice, in advance, and is due on or before the first (1st) day of each month after commencement of this Lease until said tenancy is terminated and Lessee’s home is removed from MRM MHC, LLC d/b/a Montrose River ▇▇▇▇▇▇▇. Rent may be paid by check or credit card at the on-site property manager’s office, online on the Resident Portal, in the drop slot at the community centers front door, but the Lessor reserves the right to require that rent be paid in a single check rather than multiple checks, or in the form of a cashier’s check, certified check or money order. Lessee may not withhold or offset any amounts against the rent due the Lessor unless authorized by statute.
View SourceView Similar (4)
Rent and Additional Rent Payments. Monthly Rent and Additional Rent and all other charges payable to the Lessor under this Lease shall constitute “rent” under applicable law. Such rent shall be payable monthly, without notice, in advance, and is due on or before the first (1st) day of each month after commencement of this Lease until said tenancy is terminated and Lessee’s home is removed from MRM MHC, LLC d/b/a Montrose River ▇▇▇▇▇▇▇. Rent may be paid by check or credit card at the on-site property manager’s office, online on the Resident Portal, in the drop slot at the community centers front door, but the Lessor reserves the right to require that rent be paid in a single check rather than multiple checks, or in the form of a cashier’s check, certified check or money order. Lessee may not withhold or offset any amounts against the rent due the Lessor unless authorized by statute. Payments received may be applied in Lessor’s sole discretion first to late fees, then to utility charges, then to any other amounts owed by Lessee to Lessor and finally to Monthly Rent.
View Source
Rent and Additional Rent Payments. Monthly Rent, Additional Rent, and all other charges payable to the Lessor under this Lease shall constitute “rent” under applicable law. Such rent shall be payable monthly, without notice, in advance, and is due on or before the first (1st) day of each month after commencement of this Lease until said tenancy is terminated and Lessee’s home is removed from River ▇▇▇▇▇▇▇. Rent may be paid by check or in cash at the on-site property manager’s office, in the drop-box, but the Lessor reserves the right to require that rent be paid in a single check rather than multiple checks, or in the form of a cashier’s check, certified check or money order, or in cash. Lessee may not withhold or offset any amounts against the rent due the Lessor unless authorized by statute. Failure to pay rent when due is a “Default” under Section 18 of this Lease, and the Lessor may exercise any of the remedies for Default provided in the Lease or under applicable law. If Monthly Rent is not paid by the 5th day of the month and the Lessor has not delivered a notice to vacate, Monthly Rent may be accepted on the 6th day of the month or thereafter if accompanied by $50.00, plus an additional charge of $5.00 per day after the 6th day (up to a maximum of an additional $50.00) until payment is received. Lessee will also pay a charge of $25.00 for each returned check.
View Source

Related to Rent and Additional Rent Payments

  • Additional Rent Commencing on the Commencement Date, for each calendar year of the Term (prorated for any calendar year falling partially within the Term), Tenant shall pay to Landlord as additional rent Landlord’s Insurance (as defined below) and Real Property Taxes (collectively known as “Additional Rent”). Prior to the Commencement Date and at least thirty (30) days prior to the beginning of each calendar year thereafter, Landlord shall furnish to Tenant a written statement setting forth the following: (a) Landlord's estimate of ▇▇▇▇▇▇'s Additional Rent, and (b) a calculation of one-twelfth (1/12) of Landlord's estimate of ▇▇▇▇▇▇'s Additional Rent (“Monthly Estimated Rent”). Tenant shall pay to Landlord the Monthly Estimated Rent beginning on the Commencement Date and on the first day of every successive calendar month thereafter during the Term. Monthly Estimated Rent for a period of less than one month shall be prorated on a daily basis based on a three hundred sixty-five (365) day year. For each calendar year of the Term in which Tenant is responsible for paying Additional Rent, Landlord shall furnish to Tenant by written notice, delivered in accordance with Article 22 and within sixty (60) days after the end of such calendar year, a statement (“Landlord’s Statement”) in reasonable detail, including supportive documentation, setting forth (a) the amount of Tenant's actual responsibility for Additional Rent, and (b) the sum of Tenant's Monthly Estimated Rent payments made during the year. If the amount of Tenant's actual responsibility for Additional Rent exceeds the sum of Tenant's Monthly Estimated Rent payments, Tenant shall pay the deficiency to Landlord within forty-five (45) days after ▇▇▇▇▇▇'s receipt of such statement. If the sum of Tenant's Monthly Estimated Rent payments during the year exceeds the amount of Tenant's actual responsibility for Additional Rent, Landlord shall pay the excess to Tenant at the time Landlord furnishes the statement, or, if this Lease has not expired, may credit the excess toward the payments of Base Rent and ▇▇▇▇▇▇'s Monthly Estimated Rent next falling due. Landlord’s Statement shall be final and binding upon Landlord and Tenant unless Tenant objects to Landlord’s Statement within ninety (90) days from receipt. Landlord shall keep records showing all expenditures incurred as Additional Rent for each calendar year for a period of three (3) years following each year, and such records shall be made available for inspection and photocopying by Tenant and/or its agents during ordinary business hours at Landlord’s principal office. Any dispute with respect to ▇▇▇▇▇▇▇▇'s calculations of Tenant's actual responsibility for Additional Rent must be raised by Tenant within ninety (90) days of receipt of Landlord’s Statement in accordance with the delivery requirements in Section 12.2 and shall be resolved by the parties through consultation in good faith within sixty (60) days of written notice of disputed charge. However, if the dispute cannot be resolved within such period, the parties shall request an audit of the disputed matter from an independent, certified public accountant selected by both Landlord and Tenant, whose decision shall be based on generally accepted accounting principles and shall be final and binding on the parties. If there is a variance of five percent (5%) or more between said decision and Landlord's determination of Tenant's actual responsibility for Additional Rent, Landlord shall pay the costs of said audit and shall credit any overpayment toward the next Base Rent and/or Monthly Estimated Rent payment falling due or pay such overpayment to Tenant within thirty (30) days. If the variance is less than five percent (5%), Tenant shall pay the cost of said audit.

  • Rent Payments ▇▇▇▇▇▇ agrees to pay rent to the Landlord during the term of this Lease in equal monthly installments of $975, which shall be paid on or before the first day of the month. ▇▇▇▇▇▇ agrees that if rent is not paid in full on or before 1st day of the month, Tenant will pay a late charge of $97.50 as allowed by applicable Georgia law.The prorated rent from the commencement of this Lease to the first day of the following month is $975, which amount shall be paid at the execution of this Lease. ▇▇▇▇▇▇ agrees that rent shall be paid in lawful money of the United States via the ▇▇▇▇▇ Residents App. Rent payments shall be made payable to and mailed or delivered to the following address: P.O. Box 17942 Atlanta, GA 30316. All notices from Tenant to Landlord under this Lease and applicable Georgia law shall be delivered to the above address. ▇▇▇▇▇▇ agrees that rent will be deemed paid only once Landlord or Landlord’s agent receives the rent monies, either by mail or by delivery to the above address. If there are multiple Tenants signed to this Lease, all such Tenants are jointly, severally and individually bound by, and liable under, the terms and conditions of this Lease. A judgment entered against one Tenant shall be no bar to an action against other Tenants.

  • Monthly Rent a. Commencing as of the Commencement Date, and continuing thereafter on or before the first day of each calendar month during the term hereof, Tenant shall pay to Landlord, as monthly rent for the Premises, the Monthly Rent specified in Paragraph 2 above. If Tenant’s obligation to pay Monthly Rent hereunder commences on a day other than the first day of a calendar month, or if the term of this Lease terminates on a day other than the last day of a calendar month, then the Monthly Rent payable for such partial month shall be appropriately prorated on the basis of a thirty (30)-day month. Monthly Rent and the Additional Rent specified in Paragraph 7 shall he paid by Tenant to Landlord, in advance, without deduction, offset, prior notice or demand, in immediately available funds of lawful money of the United States of America, or by good check as described below, to the lockbox location designated by Landlord, or to such other person or at such other place as Landlord may from time to time designate in writing. Payments made by check must be drawn either on a California financial institution or on a financial institution that is a member of the federal reserve system. Notwithstanding the foregoing, Tenant shall pay to Landlord together with Tenant’s execution of this Lease an amount equal to the Monthly Rent payable for the first full calendar month of the Lease term after Tenant’s obligation to pay Monthly Rent shall have commenced hereunder, which amount shall be applied to the Monthly Rent first due and payable hereunder. b. All amounts payable by Tenant to Landlord under this Lease, or otherwise payable in connection with Tenant’s occupancy of the Premises, in addition to the Monthly Rent hereunder and Additional Rent under Paragraph 7, shall constitute rent owed by Tenant to Landlord hereunder. c. Any rent not paid by Tenant to Landlord when due shall bear interest from the date due to the date of payment by Tenant at an annual rate of interest (the “Interest Rate”) equal to the lesser of (i) twelve percent (12%) per annum or (ii) the maximum annual interest rate allowed by law on such due date for business loans (not primarily for personal, family or household purposes) not exempt from the usury law. Notwithstanding the foregoing, Landlord shall give Tenant notice of non-payment of rent when due and five (5) days after delivery of such notice to cure such non-payment once in each calendar year before assessing interest in such calendar year pursuant to this Paragraph 5.c. Failure by Tenant to pay rent when due, including any interest accrued under this subparagraph, shall constitute an Event of Default (as defined in Paragraph 25 below) giving rise to all the remedies afforded Landlord under this Lease and at law for nonpayment of rent. d. No security or guaranty which may now or hereafter be furnished to Landlord for the payment of rent due hereunder or for the performance by Tenant of the other terms of this Lease shall in any way be a bar or defense to any of Landlord’s remedies under this Lease or at law. e. Notwithstanding anything to the contrary in this Lease: (i) in no event may any rent under this Lease be based in whole or in part on the income or profits derived from the Premises, except for percentage rent based on gross (not net) receipts or sales; (ii) if the holder of a Superior Interest (as defined in Paragraph 21 below) succeeds to Landlord’s interest in the Lease (“Successor Landlord”) and the Successor Landlord is advised by its counsel that all or any portion of the rent payable under this Lease is or may be deemed to be “unrelated business income” within the meaning of the Internal Revenue Code or regulations issued thereunder, such Successor Landlord may, at its option, unilaterally amend the calculation of rent so that none of the rent payable to Landlord under the Lease will constitute “unrelated business income,” but the amendment will not increase Tenant’s payment obligations or other liability under this Lease or reduce the Landlord’s obligations under this Lease and (iii) upon the Successor Landlord’s request, Tenant shall execute any document such holder deems necessary to effect the foregoing amendment to this Lease.