Common use of Payment by Check Clause in Contracts

Payment by Check. Payment by check shall always be subject to timely collection of the funds represented by the check. If any check tendered by or on behalf of Lessee in payment of any sum due under this Lease is dishonored and returned to Lessor for any reason, Lessee shall be charged the sum of Twenty-five Dollars ($25.00) for each such check, which shall be payable as rent, to defray the expense of handling, processing and bookkeeping. Tenant shall promptly replace any dishonored check with a check which is the direct obligation of a bank or savings and loan institution (certified check, cashier's check, official check or money order). The amount of the replacement check shall be in the aggregate amount of the payment tendered, plus the late charges provided in paragraph 9(a) in this Lease, plus the One Hundred Dollar ($100.00) charge required by this paragraph.

Payment by Check. Payment by check shall always be subject to timely collection of the funds represented by the check. If any check tendered by or on behalf of Lessee in payment of any sum due under this Lease is dishonored and returned to Lessor for any reason, Lessee shall be charged the sum of Twenty-five Dollars ($25.00) for each such check, which shall be payable as rentRent, to defray the expense of handling, processing and bookkeeping. Tenant shall promptly replace any dishonored check with a check which is the direct obligation of a bank or savings and loan institution (certified check, cashier's check, official check or money order). The amount of the replacement check shall be in the aggregate amount of the payment tendered, plus the late charges provided in paragraph 9(a) in this Lease, plus the One Hundred Dollar ($100.00) charge required by this paragraphSection.

Payment by Check. Payment by check shall always be subject to timely collection of the funds represented by the check. If any check tendered by or on behalf of Lessee in payment of any sum due under this Lease is dishonored and returned to Lessor Lessors for any reason, Lessee shall be charged the sum of Twenty-five Dollars ($25.00) for each such check, which shall be payable as rentRent, to defray the expense of handling, processing and bookkeeping. Tenant shall promptly replace any dishonored check with a check which is the direct obligation of a bank or savings and loan institution (certified check, cashier's check, official check or money order). The amount of the replacement check shall be in the aggregate amount of the payment tendered, plus the late charges provided in paragraph 9(a) in this Lease, plus the One Hundred Dollar ($100.00) charge required by this paragraphSection.