Common use of PAYMENT RESPONSIBILITIES Clause in Contracts

PAYMENT RESPONSIBILITIES. 4.1 You must pay the following to us as rent and in accordance with the terms of this Agreement: (a) Rent; (b) Service Charge; (c) Insurance Rent; (d) any value added tax due under this Agreement; (e) if we supply water and foul drainage to the Property, you must pay us our charges for this at the same time and in the same way that you pay the Rent. We will be able to vary the charges whenever the overall cost to us of providing these services increases. If we decide to disconnect the supplies of water and foul drainage at the end of this Agreement, you must pay us our charges for doing so; and (f) all other sums due under this Agreement. 4.2 You must pay the first instalment of Rent to us on the Rent Start Date and it shall be a proportion, calculated on a daily basis, for the period from and including the Rent Start Date to and including the day before the next Rent Day. Thereafter, you must pay the Rent in equal payments by direct debit on the Rent Days in every year. 4.3 You must not for any reason hold back (the legal term for this is "set-off') any part of the sums payable by you under the terms of this Agreement. 4.4 We may apply any payment received from you towards any debt which you owe to us under this Agreement regardless of the nature of the debt and when it was due.

PAYMENT RESPONSIBILITIES. 4.1 You must pay the following to us as rent and in accordance with the terms of this Agreement: (a) Rent; (b) Service Charge; (c) Insurance Rent; (d) any value added tax due under this Agreement; (e) if we supply water and foul drainage to the Property, you must pay us our charges for this at the same time and in the same way that you pay the Rent. We will be able to vary the charges whenever the overall cost to us of providing these services increases. If we decide to disconnect the supplies of water and foul drainage at the end of this Agreement, you must pay us our charges for doing so; and (f) all other sums due under this Agreement. 4.2 You must pay the first instalment of Rent to us on the Rent Start Date and it shall be a proportion, calculated on a daily basis, for the period from and including the Rent Start Date to and including the day before the next Rent Day. Thereafter, you must pay the Rent in equal payments by direct debit on the Rent Days in every yearyear (whether or not this has been formally demanded). 4.3 You must not for any reason hold back (the legal term for this is "set-off') any part of the sums payable by you under the terms of this Agreement. 4.4 We may apply any payment received from you towards any debt which you owe to us under this Agreement regardless of the nature of the debt and when it was due.