Rent Payment Terms Clause Samples

The Rent Payment Terms clause defines the rules and schedule for how and when rent must be paid under a lease agreement. It typically specifies the amount of rent due, the due date each month, acceptable payment methods, and any penalties for late payment. By clearly outlining these expectations, the clause helps prevent disputes between landlord and tenant and ensures timely and consistent rent collection.
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Rent Payment Terms. Sub Tenant agrees to make monthly rental payments to the [Original Tenant or Landlord] in accordance with the terms of the Lease for the above mentioned Sub-Lease term. Sub Tenant agrees to pay monthly rent for the above-mentioned Lease Term: $: per month Original Tenant agrees to pay: (If Sub Tenant payment is less than the Original Tenant’s total monthly rent indicated in the Lease contract; Original Tenant is subsidizing part of rent payment.) + $ per month Total Rent Due To Landlord: = $ per month Place a check ▇▇▇▇ by each item according to terms of the Lease or Sub-Agreement between Original Tenant and Sub-Tenant. Paid By: Original Tenant Landlord Sub Tenant Electric Gas (heat) Gas (hot water/cooking gas) Trash Tags Water/Sewer Internet
Rent Payment Terms. The Company shall pay:
Rent Payment Terms. The Rent is payable in advance in euros and must be credited no later than the date specified in the Special Conditions to the account number ▇▇▇-▇▇▇▇▇▇▇-▇▇ (BIC ▇▇▇▇▇▇▇▇, IBAN ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇) in the name of the Lessor, or to any other account number that the Lessor may designate in writing to the Lessee. Any bank charges are borne by the Lessee. ​ The Rent becomes due solely and exclusively upon the expiration of the due date. Nevertheless, the Lessor agrees to send rent invoices to the Lessee. ​ The sending of a due date notice or invoice by the Lessor to the Lessee serves merely as a reminder and shall not be considered by the Lessee as a reason for postponement of payment or entitlement to a payment extension. The Lessee expressly agrees to receive due date notices or rent invoices electronically. The Lessee shall timely provide the necessary information to the Lessor for this purpose. ​ The Lessor shall have the right to withhold the keys to the Leased Property until the first due Rent payment has been made. ​ ​ ​ Lease agreement INTERVEST NV – GALAPAGOS NV
Rent Payment Terms. 3.1 The rent (including tax) to be paid by the Customer is stipulated in the Basic and / or Main Agreement. 3.2 In case the contract is automatically renewed after the initial period, Beta Systems is entitled to increase the rent by up to 5 % following the initial period unless otherwise agreed.
Rent Payment Terms. Lessee agrees to pay Lessor total rent of $ for premises and term previously described. Lessee agrees to pay as follows: $ on , which is a prorated rent from date of commencement to the last day of the first full month being , and in addition, subsequent equal installments of $ per month beginning , and continuing on the first day of each month thereafter including the first day of , . SEND PAYMENTS TO: Rental payments to Lessor must be made in the form of a check, money order, or cashiers check and shall be sent to Lessor's above-address, or to: ADDITIONAL CHARGES: If the amount due under the Rent Payment Terms is not received by Lessor by 5:00 p.m. on the day of the month a $ charge will be assessed. Any checks that are returned unpaid will be subject to a $ charge, in addition to any late charges assessed. Lessor may then require future rental payments to be in the form of a cashiers check or money order. CHRONIC LATE PAYMENT: Lessor may terminate this Lease if Lessee pays rent after the due date on three or more occasions during this Lease, and the occasions do not have to be consecutive. APPLICATION OF PAYMENTS: Payments by Lessee to Lessor shall be applied to Lessee's account in the following manner: first to outstanding additional charges, second to outstanding legal fees and court costs legally chargeable to Lessee; third to outstanding utility bills; and fourth to rent.
Rent Payment Terms. Tenant agrees to pay to County on or before the first day of the first full calendar month of the term and on or before the first day of each and every successive calendar month throughout the term, except that the first month's rent shall be paid upon the execution of this lease. In the event that Rent is not paid when due, Tenant shall be charged a late payment penalty of $20.00 per day. Rent for any period during the term that is for less than one (1) calendar month shall be calculated as a prorated portion of the monthly installment, based on a thirty (30) day month. Rent shall be paid in legal tender to the County at the address set forth below or to such other person or at such other place as the County may
Rent Payment Terms. The first Storage Fees becoming due hereunder during the Term shall be due and payable within fifteen (15) days from the date of Lessor’s invoice or the first day of the initial month following theService Commencement Date”, as that term is defined in the T&D Agreement,, with continuing payments due and payable on or before the first day of each month thereafter. Rent payments are exclusive of sales/use taxes which are the responsibility of Lessee. If amounts payable by Lessee to Lessor are not paid by the due date, Lessor shall have the right to assess late payment charges on the entire past due balance until such balance is paid in full at the rate equal to the then-effective LIBOR rate, or the maximum interest rate allowed by applicable law if less. The Lease Rate, set forth on the Term Sheet, may be changed from time to time at Lessor’s sole discretion after the Initial Term, upon a minimum of forty-five (45) days prior written notice to Lessee of the effective date of the new Lease Rate. Upon receiving such notice Lessee shall have the right to terminate this Agreement provided Lessee gives Lessor written notice thirty (30) days prior to the effective date of the new Lease Rate. If Lessee does not give such written notice of termination within the time period specified above, the new Lease Rate shall become effective and Lessee shall be bound thereby pursuant to this Agreement.
Rent Payment Terms. Rent due from Customer for the Equipment shall be based on the rental rate and rental period under this Agreement. Payment is due in full at time of rental of Equipment, or as otherwise determined by Company as follows:
Rent Payment Terms. By executing this Schedule below where indicated, ▇▇▇▇▇▇ and ▇▇▇▇▇▇ hereby agree that Rent for the Equip- ment during the Rental Period under this Schedule will be due and payable 5 days after presentation of invoice by email or mail to be drawn from your account via ACH.
Rent Payment Terms