Postdated Cheques Sample Clauses
The Postdated Cheques clause governs the use and acceptance of cheques that are dated for a future date rather than the date of issuance. It typically outlines whether such cheques will be accepted as valid payment, the responsibilities of the parties regarding their deposit or presentation, and any consequences if a postdated cheque is dishonored. This clause helps prevent disputes by clarifying the treatment of postdated cheques, ensuring both parties understand their rights and obligations when such instruments are used.
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Postdated Cheques. Should the Tenant demonstrate a pattern of late Rent payments, the Landlord may, at its option, require that the Tenant deposit with the Landlord postdated cheques for monthly Rent instalments. Said cheques shall be dated and be in amounts in accordance with the monthly payments of Rent including without limitation Sales Taxes and Management Fee.
Postdated Cheques. The Tenant(s) also agree to give the Landlord, prior to Occupancy, a series of monthly postdated cheques for the rent term of this lease. One cheque per month.
Postdated Cheques. 8 3.9 Interest............................................................9 3.10 Rent Abatement......................................................9
Postdated Cheques. The Tenant shall deliver to the Landlord on or before the Commencement Date a series of postdated cheques in respect of the monthly payments of Minimum Rent, and any other payments required by this lease to be paid by the Tenant monthly in advance for the first twelve months of the Term and shall, one month before each anniversary date, give twelve postdated cheques for the ensuing twelve months.
Postdated Cheques. Unless the Landlord advises otherwise in writing, the Tenant shall provide to the Landlord on or before the Commencement Date and thereafter on or before the beginning of each Fiscal Year during the Term, postdated cheques in the amount of Rent for each month during that Fiscal Year.
Postdated Cheques. The Tenant shall provide for the payment of Basic Rent by postdated cheques for the then ensuing Rental Year and at least thirty (30) days prior to the expiry of each Rental Year, a series of twelve (12) postdated cheques for the next ensuing Rental Year.
Postdated Cheques. If the Landlord so requests in writing, the Tenant shall provide to the Landlord on or before the Commencement Date and thereafter on or before the beginning of each Fiscal Year during the Term, postdated cheques in the amount of Rent for each month during that Fiscal Year.
Postdated Cheques. Calculated on the basis of the Rentable Area of Leased Premises being 16,500* square feet the Lessee will submit, on signing of this Lease, 12 postdated cheques in the amount of: Basic Rent $ 15,125.00 Additional Rent $ 17,187.50 G.S.T. $ 2,261.88 TOTAL MONTHLY RENT $ 34,574.38 (Thirty Four Thousand Five Hundred and Seventy Four Dollars and Thirty Eight Cents) to cover basic rent, additional rent, and G.S.T. for the Leased Premises for the first year of the Lease. * subject to confirmation by measurement certified by the Lessor’s Architect in accordance with the Standard Method for Measuring Floor Area in office buildings BOMA (1996) Standard Measurement at the Lessor’s expense prior to the Commencement Date as defined in Section 2.01
Postdated Cheques. Within seven days after receiving a written request from the Landlord, the Tenant shall deliver to the Landlord postdated cheques covering Basic Rent, Tenant Taxes, Taxes, Common Costs or the Landlord's estimate of same under paragraphs 3.3 and 3.4, and all other money thereafter payable by the Tenant to the Landlord under this lease, for those periods from time to time requested by the Landlord, which will be drawn on a Canadian chartered bank, trust company or credit union.