Common use of PAYMENT OF MONTHLY INSTALLMENTS OF BASE RENT Clause in Contracts

PAYMENT OF MONTHLY INSTALLMENTS OF BASE RENT. Rent is due on the first day of each month and is payable through the fifth day without a late fee. Occupancy shall not be granted without prior payment of the first month's installment payment on base rent and delivery of a properly executed and duly enforceable Parental Guaranty. Tenant shall pay the rent at the Landlord's office or at such other place as may be designated by the Landlord. Except as may otherwise be required by law, or by the Landlord, all installment payments made by Tenant to Landlord shall be by check or money order. Should any check given by Tenant to Landlord be dishonored by Xxxxxx's bank, Landlord shall have the right to require that all future installment payments, except as may otherwise be required by law, be paid by money order or certified check. Landlord shall provide Tenant, upon request, a written receipt for all monies or payments received by the Landlord from the Tenant. Installment payments will be accepted by the Landlord during Landlord's business hours as same may be posted, from time to time, at Landlord's business office.