Common use of Post-Dated Cheques Clause in Contracts

Post-Dated Cheques. The Tenant shall deliver to the Landlord, prior to the Tenant taking possession of the Premises, twelve (12) post-dated cheques, each in an amount equal to the monthly instalments of the annual rent, plus the estimated additional monthly rental payments required in respect of Taxes, utilities, insurance and Operating Cost Escalation for each Lease Year, as requested from time to time by the Landlord.

Post-Dated Cheques. The Tenant shall deliver to the Landlord, prior to the Tenant taking possession of the Premises, twelve (12) post-dated cheques, cheques each in an the amount equal to the monthly instalments Base Rent plus the Additional Rent payments required under this Lease. One month prior to the first and subsequent anniversaries of the annual rentLease, plus the estimated additional monthly rental payments required in respect of Taxes, utilities, insurance and Operating Cost Escalation for each Lease Year, as requested from time Tenant agrees to time by deliver twelve (12) post-dated cheques to the Landlord.