Common use of Penalty Fee Clause in Contracts

Penalty Fee. The penalty fee is $450.00. This fee is assessed for certain conditions as specified in this Agreement. Failure to pay this fee immediately shall be a material default and breach of this Agreement. If unpaid, the fee will be deducted from the security deposit at the termination of this Agreement.

Appears in 3 contracts

Samples: alanoliving.com, alanoliving.com, alanoliving.com

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Penalty Fee. The penalty fee is $450.00. This fee is assessed for certain conditions as specified in this Agreement. Failure to pay this fee immediately shall be a material default and breach of this Agreement. If unpaid, the fee will be deducted from the security deposit at the termination of this Agreement.. key(s), mailbox key(s), garage

Appears in 2 contracts

Samples: Date of Lease Agreement, Date of Lease Agreement

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