Rent and Late Charges. The rent shall be the amount stated above. Rent is due the first day of each calendar month, in advance and without demand. If applicable, rent for the first month will be pro-rated starting from the date of execution of this Agreement. Operator reserves the right to require that rent and other charges be paid in cash, credit card, certified check or money order. Operator may change the monthly rent and other charges by giving Tenant twenty-eight (28) days advanced notice. The new rent shall become effective on the first day of the next month rent is due. Pre-paid rent is not refundable. If rent is not paid by the seventh (7th) day of the month due, Tenant agrees to pay a late fee as stated above each month until rent is paid in full. Tenant agrees to pay Operator the NSF charge stated above plus all bank charges for any dishonored check plus any late fees that must be paid in conjunction with the substituted check. These fees are considered additional rent and are to compensate Operator f or labor and other costs of collection. Tenant agrees to pay all collection and lien costs incurred by Operator. The unit size of the Leased Space stated above is approximate and there is no abatement or adjustment in rent if the Leased Space is smaller or larger than declared. The Tenant has inspected the Leased Space and acknowledges that the Leased Space is suitable for the Tenant’s purposes. Tenant shall not sublet or assign the Leased Space. Tenant warrants and acknowledges that no other person or persons will be acting on behalf of the Tenant. The Operator reserves the right to relocate Tenant at any time to any self-service storage space of comparable size. USE OF LEASED SPACE: Operator is not engaged in the business of storing goods for hire and exercises neither care, custody nor control over Tenant’s stored property. Tenant agrees to use the Leased Space only for the storage of property wholly owned by the Tenant. Tenant shall not occupy the Leased Premises as a residence or sleep in the unit. Tenant waives any claim for emotional or sentimental attachment to the stored property located in the Leased Space. Nothing herein shall constitute any agreement or admission by Operator that Tenant’s stored property has any value, nor shall anything alter the release of Operator’s liability as set forth in this Agreement. Tenant is strictly prohibited from storing or using materials in the Leased Space, and/or on the Facility, classified as hazardous, toxic and/or illega...
Rent and Late Charges. Commencing on March 1, 2008 (“Rent Commencement Date”), and during the remaining term of this Lease and any renewals or extensions hereof, Tenant shall pay Landlord equal monthly installments of Base Rent (as defined in Sections 5.2 and 5.3 below) and Additional Rent (as defined in Sections 5.4 below). As used herein, the term “Rent” shall mean Base Rent and Additional Rent. All Rent plus applicable Sales Tax due hereunder shall be paid in equal monthly installments, in advance, on the first day of each and every month during the Term hereof, without deduction, diminution or setoff. If in the event the term of this Lease commences on a day other than the first business day of a calendar month, the Tenant shall pay to the Landlord, on or before the Rent Commencement Date of the term, a pro rata portion of the monthly installment of Rent, such pro rata portion to be based on the number of days remaining in such partial month after the Rent Commencement Date of the term. If any installment of Rent or any payment due Landlord under this Lease shall remain overdue for more than ten (10) days, a late charge in an amount equal to four percent (4%) above the prime rate of interest published by LaSalle National Bank of Chicago, Illinois from time to time from the date due until paid. Tenant’s covenant to Pay Rent shall be independent of every other covenant in this Lease. Additionally, upon the making of a delinquent payment of Rent more than twice during any fiscal year of this Lease, or should any payment of Rent be dishonored by the bank upon which the Rent is paid, Landlord may require any future payments of Rent be in the form of a cashier’s check or wire transfer. Any charges becoming due under this Paragraph shall be deemed to be Additional Rent. All payment of Rent and other sums due hereunder shall be paid to Landlord at Suite 100, 0000 Xxxxxx Xxxxx Xxxxxxxxx, XX, Xxxx Xxxxx, Xxxxxxx 00000, or at such other address as the Landlord may, from time-to-time, designate.
Rent and Late Charges. 3.01. Tenant agrees to pay for the use and occupancy of the Premises during the entire Term of this Lease, at the times and in the manner herein provided, the Monthly Rent (as adjusted) described below. As used in this Lease, the term "
Rent and Late Charges. In addition to the Lease Payments described above, Tenant shall pay the following: (check only those items that apply) a security deposit of $ to be paid upon signing the Lease. advance rent in the amount of $ for the Rental Installment Periods of to be paid upon signing the Lease. a pet deposit in the amount of $ to be paid upon signing the Lease. a late charge in the amount of $ for each Lease Payment made more than number of days after the date it is due. a bad check fee in the amount of $ (not to exceed $20.00, or 5% of the Lease Payment, whichever is greater) if Tenant makes any Lease Payment with a bad check. If Tenant makes any Lease Payment with a bad check, Landlord can require Tenant to pay all future Lease Payments in cash or by money order.
Rent and Late Charges. In consideration of the use of the rented space as set forth herein, Xxxxxxxx agrees to pay to Undercover monthly rent in the amount set forth above and agrees that said amount shall be due and payable in advance before the first (1st) day of each month. Rent is due for each month the property is stored on the premises. There will be no refund of rent for space vacated before the end of the rental term. Monthly payments and any additional charges accrued against the account will be automatically and electronically debited from Occupants credit card or bank account identified above on the first day of each month. Initial charges for accounts beginning on a date other than the first of the month shall be prorated and electronically debited from Occupants account on the date the account is created. Thereafter, charges will be debited monthly on the first day of the month. Occupant hereby authorizes Undercover, as the originator, to initiate debit entries to the credit card or bank account of Occupant identified above at the depository or financial institution so identified for all charges due from Occupant to Undercover. It is the responsibility of Occupant to notify Undercover of any changes in credit card or financial account information. Rental charges due to Undercover which are rejected or refused by the credit card or financial institution, for whatever reason, shall incur a $25.00 late payment fee and an additional $50.00 credit card/ACH return charge. Rental charges and late fees which remain unpaid 15 days after the due date shall result in the placing of a padlock or other locking mechanism on the property, the deactivation of Occupant’s entry code and the exclusion of Occupant from the storage premises until all rental charges, including late fees and return charges, are paid in full. Undercover reserves the right to change or increase the monthly rental rate upon 30 days written notice to Occupant at the address or email address set forth above.
Rent and Late Charges. 2. The rental for the term is $ . per year, payable in monthly payments of $ . in advance on the day of each and every calendar month during the term of the Lease. Rental payments shall be made via check payable to “572 Jersey Avenue, LLC” and shall be delivered to Xxxxxx Property Management at the office listed above. If Tenant pays the monthly rent by personal check, Xxxxxx agrees it will be paid by no more than two (2) checks. Landlord may require, as additional rent, the payment of a late charge for any monthly payment not received as of the 5th day following the day on which rent is due. This charge shall be five percent (5%) of the monthly rent payment. Tenant acknowledges that rent is due and payable on the day of the month and there is no grace period as it relates to the rent being due, and the assessment of the late charge does not in any way alter the agreed upon fact that rent is due and payable on the day of the month. Landlord may also charge Tenant a fee of $50.00, as addi- tional rent, for every check that is not honored by the bank on which it is drawn. Landlord then reserves the right to xx- xxxx that further payments be made payable in cash or certified checks. Landlord reserves the right to pass along the costs of capital improvements, and increases in property taxes, water or sewer charges in accordance with applicable rent laws.
Rent and Late Charges a) The Tenant shall pay the monthly rent for the Unit in the amount stated in the Lease Addendum. The Tenant’s rent shall be payable on or before the first day of each month. Payment of the rent for the first month of the Lease, and the Security Deposit, shall be paid on or before the date the Tenant signs the Lease. The Lease shall not be in effect until the Tenant pays rent for the first month of the Lease, and the Security Deposit.
Rent and Late Charges. During the term hereof, Lessee shall pay to Lessor, without deduction or offset by Lessee, rent for the Premises in the sum of FOUR THOUSAND FOUR HUNDRED FORTY-TWO AND 25/100 DOLLARS ($4,442.25) PLUS BASE YEAR ESTIMATED TRIPLE NET CHARGES IN THE SUM OF FIVE HUNDRED TWENTY AND NO/100 DOLLARS ($520.00) FOR A TOTAL PAYMENT IN THE SUM OF FOUR THOUSAND NINE HUNDRED SIXTY-TWO AND 25/100 DOLLARS ($4,962.25) per month beginning May 1, 1992 through April 30, 1993. The rents shall be payable monthly in advance on the first day of each and every calendar month during the term hereof, commencing on the first day of the first calendar month following the commencement of the lease term. Any rental payment for any fractional month during the term hereof shall be prorated and payable on the next rent payment date. All rent payments more than ten (10) days past due shall bear a late charge of ten percent (10%) of the amount due plus Five Dollars ($5.00) per day from the tenth day following the date such payment became due until the entire amount and late charges are paid in full. In conjunction with monthly rent payments, Lessee shall each month pay a sum representing Lessee's proportionate share of real property taxes, insurance and common area expenses for the Premises. Such amount shall annually be estimated by Lessor in good faith to reflect actual or anticipated costs. Upon termination of this Lease or at periodic intervals during the term hereof, Lessor shall compute its actual costs for such expenses during such period. Any overpayment by Lessee shall be refunded or credited to Lessee at Lessee's option, and any deficiency shall be paid by Lessee within 15 days after receipt of Lessor's statement. Lessor's records of expenses for taxes, insurance and common area expenses may be inspected by Lessee at reasonable times and intervals. At any one year the charges for common area expenses excluding taxes and insurance shall not exceed more than six percent of previous year charges for common area excluding base year.
Rent and Late Charges
