Common use of Leasing Incentives Clause in Contracts

Leasing Incentives. It is understood that if you sign your lease under any leasing incentive program in which you receive any compensation in exchange for signing a lease agreement, including but not limited to gift cards, free or discounted rent, checks or monetary compensation, electronics, or any other promotional items, you agree to reimburse The Suites at ▇▇▇▇▇▇▇ Park dba The Suites at ▇▇▇▇▇▇▇ Park and EDR Management Inc. the value of the leasing incentive immediately if at any point you cancel or terminate this agreement without fulfilling all applicable terms and conditions listed herein. It is understood that the value of the leasing incentive will be applied to any outstanding balance or deducted from any prepaid balance if you are evicted or are otherwise found to be in Default of this lease agreement and removed from the property without fulfilling all applicable terms and conditions listed herein.

Leasing Incentives. It is understood that if you sign your lease under any leasing incentive program in which you receive any compensation in exchange for signing a lease agreement, including but not limited to gift cards, free or discounted rent, checks or monetary compensation, electronics, or any other promotional items, you agree to reimburse The Suites at ▇▇▇▇▇▇▇ Park Centre Lubbock TX, LLC dba The Suites Centre at ▇▇▇▇▇▇▇ Park and EDR Management Inc. GREP Texas, LLC the value of the leasing incentive immediately if at any point you cancel or terminate this agreement without fulfilling all applicable terms and conditions listed herein. It is understood that the value of the leasing incentive will be applied to any outstanding balance or deducted from any prepaid balance if you are evicted or are otherwise found to be in Default of this lease agreement and removed from the property without fulfilling all applicable terms and conditions listed herein.