Common use of DELAY OF POSSESSION Clause in Contracts

DELAY OF POSSESSION. If, after signing this Lease Agreement, Tenant(s) fail to take possession of the premises, they shall still be responsible for paying rent and complying with all other terms of this Lease Agreement. In the event Landlord is unable to deliver possession of the premises to Tenant(s) for any reason not within Landlord's control, including, but not limited to, failure of prior occupants to vacate or partial or complete destruction of the premises, Tenant(s) shall have the right to terminate this Lease Agreement. In such event, Landlord's liability to Tenant(s) shall be limited to the return of all sums previously paid by Tenant(s) to Landlord. AMOUNT AND SCHEDULE FOR THE PAYMENT OF RENT: Tenants shall pay to Landlord a monthly rent of $_____________, payable in advance on the 1st day of each month. Rent shall be paid to [INSERT YOUR COMPANY NAME HERE] via [INSERT YOUR COMPANY’S PREFERRED METHOD TO COLLECT RENT HERE]. The name, telephone number and address of the person or entity to whom rent payments shall be made is: [INSERT YOUR COMPANY NAME HERE], [INSERT YOUR COMPANY PHONE NUMBER HERE], [INSERT YOUR COMPANY STREET ADDRESS HERE]. Tenant(s) acknowledges receipt of SECURITY DEPOSIT AND MONTHLY RENT PAYMENT INSTRUCTIONS addendum marketed Attachment 1. Tenant signature of this Lease Agreement constitutes amenable consent of the Security Deposit and Monthly Rent payment methods.

DELAY OF POSSESSION. If, after signing this Lease Agreement, Tenant(s) fail to take possession of the premises, they shall still be responsible for paying rent and complying with all other terms of this Lease Agreement. In the event Landlord is unable to deliver possession of the premises to Tenant(s) for any reason not within Landlord's control, including, but not limited to, failure of prior occupants to vacate or partial or complete destruction of the premises, Tenant(s) shall have the right to terminate this Lease Agreement. In such event, Landlord's liability to Tenant(s) shall be limited to the return of all sums previously paid by Tenant(s) to Landlord. AMOUNT AND SCHEDULE FOR THE PAYMENT OF RENT: Tenants shall pay to Landlord a monthly rent of $_____________, payable in advance on the 1st day of each month. Rent shall be paid to [INSERT YOUR COMPANY NAME HERELANDLORD NAME] via [INSERT YOUR COMPANY’S LANDLORD PREFERRED METHOD TO COLLECT RENT HERERENT]. The name, telephone number and address of the person or entity to whom rent payments shall be made is: [INSERT YOUR COMPANY NAME HERELANDLORD NAME], [INSERT YOUR COMPANY LANDLORD PHONE NUMBER HERENUMBER], [INSERT YOUR COMPANY LANDLORD STREET ADDRESS HEREADDRESS]. Tenant(s) acknowledges receipt of SECURITY DEPOSIT AND MONTHLY RENT PAYMENT INSTRUCTIONS addendum marketed Attachment 1. Tenant signature of this Lease Agreement constitutes amenable consent of the Security Deposit and Monthly Rent payment methods.

DELAY OF POSSESSION. If, after signing this Lease Agreement, Tenant(s) fail to take possession of the premises, they shall still be responsible for paying rent and complying with all other terms of this Lease Agreement. In the event Landlord is unable to deliver possession of the premises to Tenant(s) for any reason not within Landlord's control, including, but not limited to, failure of prior occupants to vacate or partial or complete destruction of the premises, Tenant(s) shall have the right to terminate this Lease Agreement. In such event, LandlordXxxxxxxx's liability to Tenant(s) shall be limited to the return of all sums previously paid by Tenant(sXxxxxx(s) to Landlord. AMOUNT AND SCHEDULE FOR THE PAYMENT OF RENT: Tenants shall pay to Landlord a monthly rent of $_____________, payable in advance on the 1st day of each month. Rent shall be paid to [INSERT YOUR COMPANY NAME HERE] via [INSERT YOUR COMPANY’S PREFERRED METHOD TO COLLECT RENT HERE]. The name, telephone number and address of the person or entity to whom rent payments shall be made is: [INSERT YOUR COMPANY NAME HERE], [INSERT YOUR COMPANY PHONE NUMBER HERE], [INSERT YOUR COMPANY STREET ADDRESS HERE]. Tenant(s) acknowledges receipt of SECURITY DEPOSIT AND MONTHLY RENT PAYMENT INSTRUCTIONS addendum marketed Attachment 1. Tenant signature of this Lease Agreement constitutes amenable consent of the Security Deposit and Monthly Rent payment methods.