Common use of NSF CHECKS Clause in Contracts

NSF CHECKS. If Landlord receives from tenant two separate checks that are returned due to insufficient funds, Landlord reserves the right to request, through providing written notice to tenant, that all subsequent payments for rent and/or additional fees be submitted in the form of bank issued cashier’s checks or money orders. If tenant fails to comply with this request, tenant will be considered in default under section 12.1 of this lease.

Appears in 2 contracts

Sources: Gross Lease Agreement, Gross Lease Agreement

NSF CHECKS. If Landlord receives from tenant two separate checks that are returned due to insufficient funds, Landlord reserves the right to request, through providing written notice to tenant, that all subsequent payments for rent and/or additional fees be submitted in the form of bank issued cashier’s checks or money orders. If tenant fails to comply with this request, tenant will be considered in default under section 12.1 of this lease.be

Appears in 1 contract

Sources: Gross Lease Agreement