Withholding Of Rent Clause Samples

The 'Withholding Of Rent' clause defines whether and under what circumstances a tenant is permitted to withhold rent payments to the landlord. Typically, this clause outlines specific situations—such as the landlord's failure to make essential repairs or provide agreed-upon services—where the tenant may legally reduce or suspend rent payments until the issue is resolved. By clearly stating the conditions and procedures for withholding rent, this clause helps prevent disputes and ensures both parties understand their rights and obligations in the event of a breach, thereby promoting fairness and clarity in the landlord-tenant relationship.
Withholding Of Rent. The entire monthly rent shall be paid on or before the due date each month during the term of the LEASE, including the last month of occupancy or the term (whichever is later). The RESIDENT shall not withhold payment of the last month’s rent, or any portion thereof, on grounds that the security deposit serves as security for the unpaid rent.
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Withholding Of Rent. Resident acknowledges that Resident shall have no right to apply any portion of the Security Deposit to rent due and payable under the Lease, and that the entire monthly rent shall be paid on or before the due date each month during the term of the Lease, including the last month of occupancy.
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Withholding Of Rent. The Lessee shall not be entitled to withhold or delay payment of any monies due by it to the Lessor under this lease by reason of the total or partial destruction or defects in the Power Plant, building, infrastructure, or any part thereof being in a defective condition or in a state of disrepair or for any other reason whatsoever.
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Withholding Of Rent. You acknowledge that no portion of the Security Deposit may be applied to Rent or Other Charges due and payable under the Lease, and that the entire monthly Rent will be paid on or before the due date each month during the term of the Lease, including the last month of occupancy.
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Withholding Of Rent. The LESSEE herein waives any right to withhold the rent payments, except as stated in clause 16.2 hereof. Consequently the LESSEE shall pay in a timely manner, and under the terms agreed upon herein, all rent payments the LESSEE has a right to.
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Withholding Of Rent. Resident acknowledges that no portion of the Security Deposit may be applied to rent due and payable under the Lease, and that the entire monthly rent shall be paid on or before the due date each month during the term of the Lease, including the last month of occupancy.
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Related to Withholding Of Rent

  • Payment of Rent If the tenant is required to pre-pay rent in advance it should be selected. This is common with tenants with no or bad credit history. Section XIII.

  • Base Rent Lessee shall pay Base Rent and other rent or charges, as the same may be adjusted from time to time, to Lessor in lawful money of the United States, without offset or deduction, on or before the day on which it is due under the terms of this Lease. Base Rent and all other rent and charges for any period during the term hereof which is for less than one full month shall be prorated based upon the actual number of days of the month involved. Payment of Base Rent and other charges shall be made to Lessor at its address stated herein or to such other persons or at such other addresses as Lessor may from time to time designate in writing to Lessee.

  • Rent Payment Tenant shall pay the Base Rent for the Premises and any additional rent provided herein without deduction or offset. Rent for any partial month during the lease term shall be prorated to reflect the number of days during the month that Tenant occupies the Premises. Additional rent means amounts determined under Section 19 of this Lease and any other sums payable by Tenant to Landlord under this Lease. Rent not paid when due shall bear interest at the rate of one-and-one-half percent per month until paid. Landlord may at its option impose a late charge of $.05 for each $1 of rent for rent payments made more than 10 days late in lieu of interest for the first month of delinquency, without waiving any other remedies available for default. Failure to impose a late charge shall not be a waiver of Landlord’s rights hereunder.

  • Calculation of Rent All calculation of Rent payable hereunder shall be computed based on the actual number of days elapsed over a year of three hundred sixty (360) days or, to the extent such Rent is based on the Prime Lending Rate, three hundred sixty-five (365) (or three hundred sixty-six (366), as applicable) days.

  • Late Payment of Rent If any installment of Base Rent or Additional Charges (but only as to those Additional Charges which are payable directly to Lessor or Lessor’s agent or assignee) shall not be paid within five (5) Business Days after its due date, Tenant will pay to Lessor on demand a late charge (to the extent permitted by law) computed at the Overdue Rate (or at the maximum rate permitted by law, whichever is the lesser) on the amount of such installment, from the due date of such installment to the date of payment thereof. To the extent that Tenant pays any Additional Charges to Lessor pursuant to any requirement of this Lease, Tenant shall be relieved of its obligation to pay such Additional Charges to the entity to which they would otherwise be due. If any Facility Mortgagee shall so require, or if any Additional Charges shall not be paid to a third party payee within five (5) Business Days after its due date, Lessor may at any time thereafter, at Lessor’s option, require Tenant to deposit into an escrow account under the sole dominion and control of Lessor (or the applicable Facility Mortgagee), on the first day of each and every month, an amount sufficient to insure that such escrow account shall contain an amount sufficient to make such payment on its next due date, in which event Lessor shall make all future payments for such expense from the escrow account. In the event of any failure by Tenant to pay any Additional Charges when due, Tenant shall promptly pay and discharge, as Additional Charges, every fine, penalty, interest and cost that may be added for non-payment or late payment of such items. Lessor shall have all legal, equitable and contractual rights, powers and remedies provided either in this Lease or by statute or otherwise in the case of non-payment of Rent.