Rent. Tenant shall pay as rent to Owner without deduction or offset on the first day of each month: 3.1. The Monthly Rent may be increased at any time based on 90 days advance written notice in accordance with the provisions of the Mobilehome Residency Law and as allowed by state and local laws. Rent and all other charges are due in advance on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you is not paid by 8:00 a.m. on the 6th day of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money order. We may, however, upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late. 3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.) 3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing. 3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34. 3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 3 contracts
Sources: Mobile Home Rental Agreement, Mobile Home Rental Agreement, Mobile Home Rental Agreement
Rent. 3.1 Tenant shall agrees to pay as rent to Owner without deduction Landlord in advance on or offset on before the first day of each month:
3.1month the Base Rent, subject to adjustment as hereinafter provided, without deduction or set off, for each month of the entire Lease Term. The Monthly Rent may be increased at any time based on 90 days advance written notice in accordance One such monthly installment together with the provisions Security Deposit shall be due and payable by Tenant to Landlord upon execution of the Mobilehome Residency Law this lease, and as allowed by state a like Each monthly installment shall be due and local laws. Rent and all other charges are due in advance payable without demand on or before the first day of each monthcalendar month succeeding the Commencement Date during the Lease Term. Utility charges are also Base Rent for any period of less than a full month shall be prorated, based on one thirtieth (1/30) of the current Base Rent for each day of the partial month this Lease is in effect.
3.2 In addition to and along with the monthly installments of Base Rent pursuant to Subsection 3.1 hereof, Tenant shall pay to Landlord an amount equal to the sum of all taxes on Rent, directly or indirectly imposed by any government entity (the “Rent Tax”) as Additional Rent.
3.3 If any installment of the Base Rent, or any other sums owed by Tenant to Landlord under this Lease, is not received within five (5) days after the due date thereof, without implying Landlord’s consent to such late payment, or if Landlord pays a sum on behalf of or for Tenant (which Landlord may do in Landlord’s sole and absolute discretion), and Landlord is not repaid such sum within ten (10) days after demand therefore is made, Tenant, to the extent permitted by law, agrees to pay, in addition to said installment of the Base Rent or such other sum owed, a late payment charge equal to ten percent (10%) of the installment of the Base Rent or such other sums owned. Said late payment charge shall constitute liquidated damages and shall be for the purpose of reimbursing Landlord for additional costs and expenses which Landlord expects to incur in connection with the handling and processing of late installment payments of the Base Rent and such other sums owed by Tenant to Landlord hereunder. If there is a late payment by Tenant, the damages resulting to Landlord will be difficult to ascertain precisely, and the foregoing charge constitutes a reasonable and good faith estimate by the first day parties of each monththe extent of such damages and does not constitute interest. Billed submetered utilities reflect prior usage last recordedNotwithstanding the foregoing, such late charges shall not apply to any sums which may have been advanced by Landlord to or for the benefit of Tenant pursuant to this Lease. If the entire amount owed any check delivered to Landlord by you Tenant in payment of Base Rent or Additional Rent is not honored by the financial institution upon which such check was drawn and is returned to Landlord for any reason whatsoever, Landlord may impose, as Additional Rent, a returned check service charge of $15.00 or five percent (5%) of the amount of such returned check, whichever is greater, each time a check is not honored and returned to Landlord. Such returned check service charge shall be in addition to and not in lieu of any late payment charge. If any two (2) checks delivered to Landlord by Tenant during the Lease Term in payment of Base Rent or Additional Rent are not honored by the financial institution upon which such checks were drawn are returned to Landlord for any reason whatsoever, Landlord may require, upon written notice to Tenant, that any and all subsequent payments of Base Rent or Additional Rent be made by either cash, money order or cashier’s check for the balance of the Lease Term.
3.4 The Security Deposit shall be held by Landlord as security for the performance by Tenant of Tenant’s covenants and obligations under this Lease. Such deposit shall not be considered an advance payment of Rent or a measure of Landlord’s damages in a default by Tenant. No interest or other such return shall be paid on said Security Deposit. Upon any event of default by 8:00 a.m. Tenant, Landlord may (but shall not be obligated to), without prejudice to any other remedy, use the Security Deposit to the extent necessary to fund any arrearage of Rent and any other damage, injury, expense or liability caused to Landlord by such event of default. Following such application of the Security Deposit, Tenant shall pay to Landlord on demand the 6th day amount so applied to restore the Security Deposit to its original amount. If there is not then an event of each monthdefault, you must pay a late charge specified on page 1 any remaining balance of the Security Deposit shall be returned by Landlord to Tenant upon termination of this Lease. If Landlord transfers its interest in the Premises during the Lease Term, Landlord may assign the Security Deposit to the transferee and thereafter shall have no further liability for the return of the Security Deposit. The Security Deposit may be co-mingled or combined with other accounts or funds of Landlord.
3.5 All sums other than Base Rent payable by Tenant to Landlord under this Lease shall constitute “SUMMARY OF PROVISIONSAdditional Rent”. You must also pay us a handling charge in the sum set forth for Base Rent and Additional Rent are herein referred to collectively as “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONSRent”. All rents and other charges Rent due hereunder shall bear interest from the due date until paid in full at a rate equal to the lesser of: (a) the prime interest rate in effect from day to day at NationsBank of Georgia, N.A., plus three (3) percentage points; or (b) the maximum legal rate allowed by law (the “Default Rate”). If more than the maximum legal rate of interest should ever be collected with regard to any sum due hereunder, said excess amount shall be paid credited against future payments of Rent accruing thereafter. If no such further Rent accrues hereunder, said excess sums shall be promptly refunded by Landlord to Tenant upon demand by Tenant.
3.6 No payment by Tenant or receipt by Landlord of a lesser amount than the correct Rent shall be deemed to be other than a payment on account, nor shall any endorsement or statement on any check or money order. We may, however, upon 10 days’ written notice to you, require that any letter accompanying any check or payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as deemed an accord and satisfaction satisfaction. Landlord may accept such check of payment without prejudice to Landlord’s right to recover the balance or release of to pursue any other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay lateremedy.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 3 contracts
Sources: Office Building Lease Agreement (Local Matters Inc.), Office Building Lease Agreement (Local Matters Inc.), Office Building Lease Agreement (Local Matters Inc.)
Rent. Tenant shall pay as rent to Owner without deduction or offset on the first day of each month:
3.1. The Monthly Rent may be increased at any time based on 90 days advance written notice in accordance with the provisions of the Mobilehome Residency Law and as allowed by state and local laws. Rent and all other charges are due in advance on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you is not paid by 8:00 a.m. on the 6th day of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money order. We may, however, upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇▇ agrees to pay to Landlord, without demand, deduction, setoff, counterclaim or offset, Rent for the Term. Tenant shall pay the Monthly Base Rent, in advance, by the first (1st) day of each calendar month during the Term, at Landlord’s purported instructions address designated in Section 1 above unless Landlord designates, in writing, otherwise. If the Commencement Date is not the first day of the month, the Monthly Base Rent for that partial month shall be apportioned on a per diem basis and shall be paid on or endorsements before the Commencement Date. Tenant shall pay Landlord a service and handling charge equal to 5% of any Rent not paid within five (5) days after the date due. In addition, any Rent not paid within five (5) days after the due date will bear interest at the Interest Rate from the date due to the contrarydate paid. The late charges are not Tenant shall pay before delinquent all taxes levied or assessed upon, measured by, or arising from: (a) the conduct of Tenant’s business; (b) Tenant’s leasehold estate; (c) Tenant’s property; or (d) amounts payable by Tenant under this Lease, including all sales, use, transaction privilege, or other excise tax. Monthly Base Rent plus Tenant’s reimbursement for Operating Expenses shall comprise all of Tenant’s monetary obligations under this Lease. This Lease is a grace period or an option Net Lease. Monthly Base Rent shall be paid to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice Landlord absolutely net of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are all Operating Expenses, subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject provisions of separate agreement. Such fees may be stated on the monthly billing.
3.4this Lease. The Guest charge listed provision for Tenant’s payment of Operating Expenses is intended to pass on page 1 shall be assessed to Tenant and reimburse Landlord for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34all Operating Expenses.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 2 contracts
Sources: Lease (JFrog LTD), Lease Agreement (JFrog LTD)
Rent. Tenant shall For use and occupancy of the Premises during the Lease Term, but subject to the terms timely payment requirements set forth below, Resident agrees to pay as rent to Owner without deduction the sum of $«Total contract amount» (which includes applicable federal, state, and local taxes) (the "Rent").Rent is due and payable in periodic installments, on or offset on before the first day dates specified below (the "Due Dates") regardless of when these dates occur, including weekends, holidays, semester breaks or vacations, with no exceptions. Upon timely payment of each month:
3.1of these installments, Resident shall be entitled to occupy the Premises. The Monthly Rent may be increased at any time based on 90 days advance written notice in accordance with Resident shall tender all sums to the provisions of the Mobilehome Residency Law and as allowed by state and local laws. Rent and all other charges are due in advance on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you is not paid by 8:00 a.m. on the 6th day of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”Owner’s agent under this Lease. All rents and other charges sums shall be paid by in United States currency and shall be paid in full, without demand or set off. Payment or receipt of an installment of less than the amount stated in the Lease shall be deemed to be nothing more than partial payment on the account. Under no circumstances shall Owner’s acceptance of a partial payment constitute accord and satisfaction. Nor will Owner’s acceptance of a partial payment forfeit Owner’s right to collect the balance due on the account, despite any endorsement, stipulation, or other statement on any check or money orderother writing. We may, however, upon 10 days’ written notice The Owner may accept any partial payment check with any conditional endorsement without prejudice to you, require that payment be made in cashits right to recover the balance remaining due, or its equivalentto pursue any other remedy available under this Lease. Monies received for rent Deletions, annotations, or utility other modifications to documents relevant to the Lease by applicant, Resident, or Guarantor, except by Owner’s written consent, and may render Lease null and void at Owner’s option. All payments may will be first applied to any outstanding delinquent portions of the Rent, late fees, and other fees and charges owed by Resident and then applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage monthly installment currently due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 2 contracts
Sources: Individual Residential Lease Agreement, Residential Lease Agreement
Rent. Tenant shall pay as rent to Owner without deduction or offset on the first day of each month:
3.1. The Monthly Rent may be increased at any time based on 90 days advance written notice in accordance with rent ("Rent") payable during the provisions Term under this Lease shall consist of the Mobilehome Residency Law and following:
(a) the Base Rent, as allowed by state and local laws. Rent defined in Schedule C hereto.
(b) additional rent ("Additional Rent") in an amount equal to any and all other charges are due sums payable by Lessee to Lessor under this Lease.
3.2. Except as otherwise specifically provided in this Lease (a) all payments of Base Rent shall be in equal monthly installments and shall be made in advance on the first (1st) day of each month. Utility charges are also due month during the Term, without notice (provided that if the amount of Base Rent is required to be calculated by Lessor in accordance with Schedule C hereof, then Lessor shall give Lessee prior written notice of such calculation, which notice shall include an explanation of the first day basis for such calculation and reasonable backup documentation relating thereto), and (b) all payments of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you is not paid by 8:00 a.m. on the 6th day of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges Additional Rent shall be paid made within 30 days after written notice from Lessor, in each case by check or money order. We may, however, upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied payable to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application order of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite "▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇ ▇▇▇▇▇▇’s immediate family ▇▇▇▇▇" and addressed to ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇, ▇.▇. ▇▇▇ ▇▇▇, ▇▇▇▇ ▇▇▇▇, Pennsylvania 19424-0003, Attention: Disbursement & Control Dept., or to such other person or at such other place as defined Lessor may from time to time designate in writing.
3.3. Lessee shall pay all Rent when due, in lawful money of the United States which shall be legal tender for the payment of all debts, public and private, at the time of payment. All sums due and payable by the Mobilehome Residency Law Lessor or if the person occupies the homesite Lessee pursuant to Civil Code §798.34the terms of this Lease that are not paid within five (5) days of the due date therefor shall from and after the due date bear interest at an annual percentage rate of ten percent (10%). All interest accrued and payable by Lessee under this subsection as hereinabove provided shall be deemed to be Additional Rent payable hereunder and due at such time or times as the rent with respect to which such interest shall have accrued shall be payable under this Lease.
3.4. Lessee agrees to pay, an Additional Rent, any revenue tax or charge, occupancy tax, business privilege tax, business use tax or any other tax that may be levied against the Demised Premises or Lessee's use or occupancy thereof during the Term; provided, however, that in no event shall Lessee be obligated to pay any income tax that is imposed upon and/or payable by Lessor, and provided further that payments made by Lessee pursuant to this Section 3.4 shall not be duplicative of amounts paid by Lessee pursuant to any other provision of this Lease.
3.5. Guest In the event that Lessee shall dispute any calculation of Rent charged to Lessee by Lessor, then Lessee shall send to Lessor a written notice, within 30 days of receipt by Lessee of such charge, setting forth the basis for Lessee's dispute. Lessor and Lessee shall thereupon use reasonable and good faith efforts to resolve such dispute. If the parties are unable to resolve such dispute within 30 days after submission by Lessee of its dispute notice, then the parties shall designate an independent certified public accountant mutually acceptable to both parties (the "Independent Accountant") to resolve such dispute and the fees and charges for vehicle storage and utilities not regulated of the Independent Accountant shall be shared equally by the Public Utilities Commission or parties. Both parties shall provide the Independent Accountant with all information reasonably requested by the Independent Accountant in connection with its review of such dispute, and both parties shall request that the Independent Accountant complete its work expeditiously and issue a written report to both parties setting forth its determination. The written determination of the Independent Accountant shall be final and shall be binding upon both Lessor and Lessee. All disputes to be resolved pursuant to this Section 3.5 shall be so resolved in accordance with the principles and standards set forth in Section 3.6 below.
3.6. All calculations by Lessor of Base Rent, Additional Rent and any other governmental agencies may amounts that are payable by Lessee hereunder shall be increased upon ninety made in accordance with Lessor's past practices during calendar year 1994 with respect to Defense Systems, and all charges and allocations relating to the Demised Premises and all accounting practices utilized by Lessor with respect to amounts charged to Lessee under this Lease (90including the capitalization, amortization and expensing of costs incurred and funds expended) days noticeshall also be made in such manner.
Appears in 2 contracts
Sources: Assignment and Assumption of Lease (Southern California Microwave Inc), Assignment and Assumption of Lease (Southern California Microwave Inc)
Rent. 7.1. Tenant shall pay to Landlord as rent to Owner without deduction or offset Base Rent for the Premises, commencing on the first day of Term Commencement Date the sums set forth in Section 2.3, subject to the rental adjustments provided in Article 8 hereof. Base Rent shall be paid in equal monthly installments as set forth in Section 2.3, subject to the rental adjustments provided in Article 8 hereof, each month:
3.1. The Monthly Rent may be increased at any time based on 90 days advance written notice in accordance with the provisions of the Mobilehome Residency Law and as allowed by state and local laws. Rent and all other charges are due in advance on the first day of each monthand every calendar month during the Term.
7.2. Utility charges In addition to Base Rent, Tenant shall pay to Landlord as additional rent (“Additional Rent”) at times hereinafter specified in this Lease (a) Tenant’s Share (as defined below) of Operating Expenses (as defined below), (b) the Property Management Fee (as defined below) and (c) any other amounts that Tenant assumes or agrees to pay under the provisions of this Lease that are also owed to Landlord, including any and all other sums that may become due by reason of any default of Tenant or failure on Tenant’s part to comply with the agreements, terms, covenants and conditions of this Lease to be performed by Tenant, after notice and the lapse of any applicable cure periods. Notwithstanding the foregoing, Tenant shall not be obligated to pay any portion of Tenant’s Pro Rata Share of Operating Expenses (other than the cost of utilities servicing the Premises, which shall not be capped) in excess of Fifty Cents ($0.50) (the “PSF Cap”) per month per square foot of Rentable Area of the Premises.
7.3. Base Rent and Additional Rent shall together be denominated “Rent.” Rent shall be paid to Landlord, without abatement, deduction or offset, in lawful money of the United States of America at the office of Landlord as set forth in Section 2.8 or to such other person or at such other place as Landlord may from time designate in writing. In the event the Term commences or ends on a day other than the first day of each a calendar month. Billed submetered utilities reflect prior usage last recorded. If , then the entire amount owed by you is not paid by 8:00 a.m. Rent for such fraction of a month shall be prorated for such period on the 6th day basis of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money order. We may, however, upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence month and shall be payable in full paid at the then-current rate for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34such fractional month.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 2 contracts
Sources: Lease (Ambit Biosciences Corp), Lease (Ambit Biosciences Corp)
Rent. (a) Tenant shall agrees to pay as rent to Owner without deduction Landlord the Annual Base Rent and Additional Rent (“Rent”) in equal consecutive monthly installments on or offset on before the first day of each full calendar month during the Term. Rent for any period during the Term which is less than one frill month shall be a prorated portion of the monthly installment of Rent based upon the actual number of calendar days in such month:. Said Rent shall be paid to Landlord, without deduction or offset and without notice or demand at Landlord’s address, as set forth on the Reference Page, or to such other person or at such other place as Landlord may from time to time designate in writing.
3.1(b) Tenant recognizes that late payment of any Rent or other sum due hereunder will result in administrative expense to Landlord, the extent of which additional expense is extremely difficult and economically impractical to ascertain. The Monthly Tenant therefore agrees that, if Rent may or any other sum is due and payable pursuant to this Lease, and when such amount remains due and unpaid ten (10) calendar days after said amount is due, such amount shall be increased at any time based on 90 days advance written notice in accordance with the provisions of the Mobilehome Residency Law and as allowed by state and local laws. Rent and all other charges are due in advance on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you is not paid by 8:00 a.m. on the 6th day of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”in an amount equal to the greater of: (a) $50.00, or (b) a sum equal to 5% of the unpaid Rent or other payment. You must also pay us a handling The amount of the late charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check Tenant shall be, reassessed and added to Tenant’s obligation for each successive monthly period until paid. The provisions of this paragraph in no way relieve Tenant of the obligations to pay Rent or money order. We mayother payments on or before the date on which they are due, however, upon 10 days’ written notice nor do the terms of this paragraph in any way affect Landlord’s remedies pursuant to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility Paragraph 23 of this Lease.
(c) Tenant shall pay interest to Landlord at the Overdue Interest Rate (as defined below) on account of (i) all overdue installments of Annual Base Rent and payments may be applied of Additional Rent due on a regular basis from the tenth day from the due date thereof to the earliest outstanding sums date of payment, and (“first in, first out”ii) despite payer’s instructions or endorsements purporting to restrict application on all payments of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges Additional Rent that are not payable to Landlord hereunder on a grace period or an option to pay late.
3.2regular basis from the date of demand for payment until the date of payment. All utility charges billed to Upon default by Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member payment of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.Additional Rent or
Appears in 2 contracts
Sources: Lease Agreement (Avago Technologies LTD), Lease Agreement (Cyoptics Inc)
Rent. Tenant A. Total rent for the aforesaid premises is $ . LESSEES agree to pay $ as their share of the total rent in payments of $ _ due monthly beginning _ / /20 and ending / /20 , or as otherwise set forth herein in the “Special Provisions,” which is attached herewith and included by reference. A late charge of 10% of the total outstanding balance due + $2 per day shall pay as rent be added to Owner without deduction or offset on the first payments due and not received in the office of LESSOR by the end of the 5th day of each the month:
3.1; unpaid late fees, damages, and utility bills shall be considered additional rent due. The Monthly Rent may Any withholding of rent by LESSEE when due, unless authorized by Statute, shall be increased at deemed to be a breach of this Lease. Upon breach of any time based term of this lease, all future lease payments are accelerated and become immediately due and owing. LESSEE understands that all rent due by original move-in date must be paid before early move-in. Return check fee is 10% of check amount or $35, whichever is greater. Payment for damages and utility bills shall become due and payable 15 days after notice is sent by LESSOR. Any rental payments made by the LESSEE(s) or on 90 days advance written notice in accordance with the provisions behalf of the Mobilehome Residency Law and as allowed by state and local laws. Rent and all other charges are due in advance on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you is not paid by 8:00 a.m. on the 6th day of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank givesLESSEE(s) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money order. We may, however, upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied pursuant to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received Lease shall not be construed refundable regardless of circumstances.
B. All payments due pursuant to this lease SHALL be made online via the tenant portal with either a recurrent payment setup option or monthly as an accord and satisfaction or release of other debt, despite specified in the lease instrument.
▇. ▇▇▇▇▇’s purported instructions ▇ is not affiliated with Illinois State University, Illinois Wesleyan, or endorsements to Heartland Community College and the contrary. The late charges are suspension of classes, withdrawal, or dismissal from the University shall not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by terminate the Public Utilities Commission obligation of LESSEE hereunder and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 LESSEE shall be assessed liable for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34aforesaid rents.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 2 contracts
Sources: Lease Agreement, Lease Agreement
Rent. 7.1. Tenant shall pay to Landlord as rent Base Rent for the Premises, commencing on December I, 2018 (the “Rent Commencement Date”), the sums set forth in Section 2.3, subject to Owner without deduction or offset on the first day of rental adjustments provided in Article 8 hereof. Base Rent shall be paid in equal monthly installments as set forth in Section 2.3, subject to the rental adjustments provided in Article 8 hereof, each month:
3.1. The Monthly Rent may be increased at any time based on 90 days advance written notice in accordance with the provisions of the Mobilehome Residency Law and as allowed by state and local laws. Rent and all other charges are due in advance on the first day of each monthand every calendar month during the Term.
7.2. Utility charges In addition to Base Rent, Tenant shall pay to Landlord as additional rent (“Additional Rent”) at times hereinafter specified in this Lease (a) Tenant’s Adjusted Share (as defined below) of Operating Expenses (as defined below), (b) the Property Management Fee (as defined below) and (c) any other amounts that Tenant assumes or agrees to pay under the provisions of this Lease that are also owed to Landlord, including any and all other sums that may become due by reason of any default of Tenant or failure on Tenant’s part to comply with the agreements, terms, covenants and conditions of this Lease to be performed by Tenant, after notice and the lapse of any applicable cure periods.
7.3. Base Rent and Additional Rent shall together be denominated “Rent.” Rent shall be paid to Landlord, without abatement, deduction or offset, in lawful money of the United States of America to the address set forth in Section 2.8 or to such other person or at such other place as Landlord may from time designate in writing. In the event the Term commences or ends on a day other than the first day of each a calendar month. Billed submetered utilities reflect prior usage last recorded. If , then the entire amount owed by you is not paid by 8:00 a.m. Rent for such fraction of a month shall be prorated for such period on the 6th day basis of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge the number of days in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents month and other charges shall be paid at the then-current rate for such fractional month.
7.4. Tenant’s obligation to pay Rent shall not be discharged or otherwise affected by check (a) any Applicable Laws now or money orderhereafter applicable to the Premises, (b) any other restriction on Tenant’s use, (c) except as expressly provided herein, any casualty or taking or (d) any other occurrence; and Tenant waives all rights now or hereafter existing to terminate or cancel this Lease or quit or surrender the Premises or any part thereof, or to assert any defense in the nature of constructive eviction to any action seeking to recover rent. We mayTenant’s obligation to pay Rent with respect to any period or obligations arising, existing or pertaining to the period prior to the date of the expiration or earlier termination of the Term or this Lease shall survive any such expiration or earlier termination; provided, however, upon 10 days’ written that nothing in this sentence shall in any way affect Tenant’s obligations with respect to any other period.
7.5. Provided that Tenant is not then in default of this Lease (beyond the expiration of all applicable notice to youand cure periods expressly set forth in this Lease), require that payment be made in cashthen during the initial six (6) calendar months of the Term following the Rent Commencement Date (the “Rent Abatement Period”), or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received Tenant shall not be construed obligated to pay any Base Rent otherwise attributable to the Premises (the “Rent Abatement”). Landlord and Tenant acknowledge that the aggregate amount of the Rent Abatement shall be in an amount not to exceed Two Hundred Seventy-Eight Thousand Two Hundred Seven and 70/100 Dollars ($278,207.70). Tenant acknowledges and agrees that the foregoing Rent Abatement has been granted to Tenant as an accord additional consideration for entering into this Lease, and satisfaction for agreeing to pay the rental and performing the terms and conditions otherwise required under this Lease. If Tenant shall be in default under this Lease beyond any applicable notice and cure period provided in this Lease, then Tenant’s right to receive the Base Rent Abatement for the Base Rent Abatement Period shall automatically terminate as of the date of such default and Tenant shall immediately be obligated to begin paying Base Rent for the Premises in full. The Base Rent Abatement shall be personal to the original Tenant and shall only apply to the extent that the original Tenant (and not any assignee, or release any sublessee or other transferee of other debt, despite the original Tenant’s interest in this Lease) is the Tenant under this Lease during the Base Rent Abatement Period. Nothing in this Section shall work to ▇▇▇▇▇▇ or reduce (during the Rent Abatement Period or otherwise) Tenant’s purported instructions or endorsements obligations under this Lease with respect to Additional Rent including (without limitation) Tenant’s obligations with respect to Tenant’s Adjusted Share of Operating Expenses and the contrary. The late charges are not a grace period or an option to pay lateProperty Management Fee.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 2 contracts
Sources: Lease (Erasca, Inc.), Lease (Erasca, Inc.)
Rent. Section 3.01. Tenant shall covenants and agrees to pay as rent to Owner without deduction or offset on Landlord from and after the first day of each month:
3.1. The Monthly Rent may be increased at any time based on 90 days advance written notice in accordance with Commencement Date and for the provisions remainder of the Mobilehome Residency Law and as allowed by state and local laws. Rent and all other charges are due term of this Lease, an annual rent (“Annual Rent”) in the amount of one Dollar ($1), payable in advance on the first business day of each monthcalendar year during the term. Utility charges are also due by Landlord acknowledges that Tenant has prepaid the first day of each month. Billed submetered utilities reflect prior usage last recorded. If Annual Rent for the entire amount owed Term.
Section 3.02. Tenant will, at Tenant’s sole cost and expense, bear, pay and discharge prior to delinquency, as additional rent, all Impositions which shall, pursuant to present or future law or otherwise, prior to or during the term hereby granted, have been or be levied, charged, assessed, or imposed, and any interest or penalties for late payment thereof; it being the intention of the parties hereto that the rents reserved herein shall be received and enjoyed by you is not paid by 8:00 a.m. Landlord as a net sum free from all such Impositions. Landlord shall be responsible for all taxes, including ad valorem real estate taxes, imposed on or otherwise relating to the 6th day of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”Landlord Property.
Section 3.03. All rents payments of rent made by Tenant to Landlord hereunder shall be payable without prior notice or demand, and all other charges payments required to be made by Tenant to Landlord hereunder shall be payable upon such notice as is herein required, in lawful currency of the United States of America, or by check subject to collection, and shall be paid to Landlord by check delivering or money ordermailing the same by regular mail to the party to whom notices are to be sent pursuant to Section 17.01 or to such other person and/or at such other place as Landlord may from time to time designate in writing.
Section 3.04. We mayTenant shall pay to Landlord throughout the term of this Lease the rents, additional rent and other payments hereunder, without abatement, deduction or set-off except as otherwise expressly provided herein; provided, however, upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received Tenant shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option required to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased any Impositions or any mortgage indebtedness or any interest on any mortgages that at any time may encumber the interests of Landlord in accordance the Premises.
Section 3.05. All additional rent and other payments provided for under this Lease shall constitute rent payable hereunder with the rates established same effect as if the same were the rent reserved herein and, in the event of the non-payment by these Tenant of any such additional rent or other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject payments when due according to the fees imposed by terms of this Lease, Landlord shall have the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject same rights and remedies in respect thereof as Landlord shall have or may have in respect of separate agreement. Such fees may be stated on the monthly billingrent herein reserved.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 2 contracts
Sources: Purchase Agreement (Calpine Corp), Purchase Agreement (Pepco Holdings Inc)
Rent. 3.1 Tenant shall agrees to pay as rent to Owner without deduction Landlord the Annual Rent in effect from time to time by paying the Monthly Installment of Rent then in effect on or offset on before the first day of each full calendar month during the Term, except that the first full month:
3.1’s rent shall be paid upon the execution of this Lease. The Monthly Installment of Rent may be increased in effect at any time based on 90 days advance written notice in accordance with the provisions shall be one-twelfth (1/12) of the Mobilehome Residency Law and as allowed by state and local lawsAnnual Rent in effect at such time. Rent for any period during the Term which is less than a full month shall be a prorated portion of the Monthly Installment of Rent based upon the number of days in such month. Said rent shall be paid to Landlord, without deduction or offset and all other charges are due in advance without notice or demand, at the Rent Payment Address, as set forth on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recordedReference Pages, or to such other person or at such other place as Landlord may from time to time designate in writing. If an Event of Default occurs, Landlord may require by notice to Tenant that all subsequent rent payments be made by an automatic payment from Tenant’s bank account to Landlord’s account, without cost to Landlord. Tenant must implement such automatic payment system prior to the entire amount owed next scheduled rent payment or within ten (10) days after Landlord’s notice, whichever is later. Unless specified in this Lease to the contrary, all amounts and sums payable by you Tenant to Landlord pursuant to this Lease shall be deemed additional rent.
3.2 Tenant recognizes that late payment of any rent or other sum due under this Lease will result in administrative expense to Landlord, the extent of which additional expense is extremely difficult and economically impractical to ascertain. Tenant therefore agrees that if rent or any other sum is not paid by 8:00 a.m. on the 6th day of each monthwhen due and payable pursuant to this Lease, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”shall be imposed in an amount equal to the greater of: (a) Fifty Dollars ($50.00), or (b) five percent (5%) of the unpaid rent or other payment. You must also pay us a handling The amount of the late charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money orderTenant shall be reassessed and added to Tenant’s obligation for each successive month until paid. We may, however, upon 10 days’ written notice The provisions of this Section 3.13.2 in no way relieve Tenant of the obligation to you, require that payment be made in cash, or its equivalent. Monies received for pay rent or utility other payments may be applied on or before the date on which they are due, nor do the terms of this Section 3.13.2 in any way affect Landlord’s remedies pursuant to Article 19 of this Lease in the earliest outstanding sums (“first in, first out”) despite payer’s instructions event said rent or endorsements purporting to restrict application of other payment to a specific month or time period, or purporting to extinguish all arrearage is unpaid after date due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to 3.3 Tenant by Owner during each month. (Please note: Utility rates for utilities billed to hereby acknowledges and agrees that the obligations of Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 hereunder shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee separate and independent covenants and agreements, that rent shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall continue to be payable in full for each calendar month all events and that the obligations of Tenant hereunder shall continue unaffected, unless the requirement to pay or portion thereof. This additional charge for Guests perform the same shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite have been terminated pursuant to Civil Code §798.34an express provision of this Lease. Landlord and Tenant each acknowledges and agrees that the independent nature of the obligations of Tenant hereunder represents fair, reasonable, and accepted commercial practice with respect to the type of property subject to this Lease. Such acknowledgements by Tenant are a material inducement to landlord entering into this Lease.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 2 contracts
Sources: Lease (Alnylam Pharmaceuticals, Inc.), Lease (Alnylam Pharmaceuticals, Inc.)
Rent. 3.1 Tenant shall agrees to pay as rent to Owner without deduction Landlord the Annual Rent in effect from time to time by paying the Monthly Installment of Rent then in effect on or offset on before the first day of each full calendar month during the Term, except that the first month:
3.1's rent shall be paid upon the execution of this Lease. The Monthly Installment of Rent may be increased in effect at any time based on 90 days advance written notice in accordance with the provisions shall be one-twelfth of the Mobilehome Residency Law and as allowed by state and local lawsAnnual Rent in effect at such time. Rent and all other charges are due in advance on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you is not paid by 8:00 a.m. on the 6th day of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason period during the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges Term which is less than a full month shall be paid by check or money order. We may, however, a prorated portion of the Monthly Installment of Rent based upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days day month. Said rent shall be paid to Landlord, without deduction or offset and without notice or demand, at the Landlord's address, as set forth on the Reference Page, or to such other person or at such other place as Landlord may from time to time designate in writing.
3.2 Tenant recognizes that late payment of any rent or other sum due under this Lease will result in administrative expense to Landlord, the extent of which additional expense is extremely difficult and economically impractical to ascertain. Tenant therefore agrees that if rent or any other sum is not paid when due and payable pursuant to this Lease, a late charge shall be imposed in an amount equal to the greater of: (a) Fifty Dollars ($50.00), or (b) a sum equal to five percent (5%) per month of the unpaid rent or other payment. The amount of the late charge to be paid by Tenant shall be reassessed and added to Tenant's obligation for each successive monthly period until paid. The provisions of this Section 3.2 in no way relieve Tenant of the obligation to pay rent or other payments on or before the date on which they are due, nor do the terms of this Section 3.2 in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified way affect Landlord's remedies pursuant to Article 19 of this Lease in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission event said rent or other governmental agencies may be increased upon ninety (90) days noticepayment is unpaid after date due.
Appears in 2 contracts
Sources: Lease Agreement (Accufacts Pre Employment Screening Inc), Lease (Aksys LTD)
Rent. 7.1. Tenant shall pay to Landlord as rent to Owner without deduction or offset Base Rent for the Premises, commencing on the first day of each month:
3.1. The Monthly Rent may be increased at any time based on 90 days advance written notice in accordance with the provisions one (1) month anniversary of the Mobilehome Residency Law and Term Commencement Date (the “Rent Commencement Date”), the sums set forth in Section 2.3, subject to the rental adjustments provided in Article 8 hereof. Base Rent shall be paid in equal monthly installments as allowed by state and local laws. Rent and all other charges are due set forth in Section 2.3, subject to the rental adjustments provided in Article 8 hereof, each in advance on the first day of each monthand every calendar month during the Term.
7.2. Utility charges In addition to Base Rent, Tenant shall pay to Landlord as additional rent (“Additional Rent”) at times hereinafter specified in this Lease (a) Tenant’s Adjusted Share (as defined below) of Operating Expenses (as defined below), (b) the Property Management Fee (as defined below), and (c) any other amounts that Tenant assumes or agrees to pay under the provisions of this Lease that are also owed to Landlord, including any and all other sums that may become due by reason of any default of Tenant or failure on Tenant’s part to comply with the agreements, terms, covenants and conditions of this Lease to be performed by Tenant, after notice and the lapse of any applicable cure periods.
7.3. Base Rent and Additional Rent shall together be denominated “Rent.” Rent shall be paid to Landlord, without abatement, deduction or offset, in lawful money of the United States of America to the address set forth in Section 2.8 or to such other person or at such other place as Landlord may from time designate in writing. In the event the Term commences or ends on a day other than the first day of each a calendar month. Billed submetered utilities reflect prior usage last recorded. If , then the entire amount owed by you is not paid by 8:00 a.m. Rent for such fraction of a month shall be prorated for such period on the 6th day basis of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge the number of days in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents month and other charges shall be paid at the then-current rate for such fractional month.
7.4. Tenant’s obligation to pay Rent shall not be discharged or otherwise affected by check (a) any Applicable Laws now or money orderhereafter applicable to the Premises, (b) any other restriction on Tenant’s use, (c) except as expressly provided herein, any casualty or taking or (d) any other occurrence; and Tenant waives all rights now or hereafter existing to terminate or cancel this Lease or quit or surrender the Premises or any part thereof, or to assert any defense in the nature of constructive eviction to any action seeking to recover rent. We mayTenant’s obligation to pay Rent with respect to any period or obligations arising, existing or pertaining to the period prior to the date of the expiration or earlier termination of the Term or this Lease shall survive any such expiration or earlier termination; provided, however, upon 10 days’ written notice to you, require that payment be made nothing in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received this sentence shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject way affect Tenant’s obligations with respect to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billingany other period.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 2 contracts
Sources: Lease (Pandion Therapeutics Holdco LLC), Lease (Pandion Therapeutics Holdco LLC)
Rent. 3.1 Tenant agrees to pay to Landlord the Annual Rent in effect from time to time by paying the Monthly Installment of Rent then in effect on or before the first (1st) day of each full calendar month during the Term, except that the first (1st) full month’s rent shall pay as be paid upon the execution of this Lease. The Monthly Installment of Rent in effect at any time shall be one-twelfth (1/12) of the Annual Rent in effect at such time. Rent for any period during the Term which is less than a full month shall be a prorated portion of the Monthly Installment of Rent based upon the number of days in such month. Said rent shall be paid to Owner Landlord, without deduction or offset and without notice or demand, at the Rent Payment Address, as set forth on the first day of each month:
3.1Reference Pages, or to such other person or at such other place as Landlord may from time to time designate in writing. The Monthly Rent may be increased at any time based on 90 days advance written notice Unless specified in accordance with this Lease to the provisions of the Mobilehome Residency Law and as allowed by state and local laws. Rent and contrary, all other charges are amounts and sums payable by Tenant to Landlord pursuant to this Lease shall be deemed additional rent. Unless specified in this Lease to the contrary, all amounts and sums payable by Tenant to Landlord pursuant to this Lease shall be deemed additional rent
3.2 Tenant recognizes that late payment of any rent or other sum due under this Lease will result in advance on administrative expense to Landlord, the first day extent of each monthwhich additional expense is extremely difficult and economically impractical to ascertain. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you Tenant therefore agrees that if rent or any other sum is not paid by 8:00 a.m. on the 6th day of each monthwithin five (5) business days following notice from Landlord that such payment is overdue (a “Late Notice”), you must pay then a late charge specified shall be imposed in an amount equal to five percent (5%) of the unpaid rent or other payment which is overdue (a “Late Charge”); provided, however, that Landlord shall not be obligated to deliver a Late Notice to Tenant more often than once in any twelve (12) month period in order to collect a Late Charge for amounts which are not paid on page 1 “SUMMARY OF PROVISIONS”or before the date when due. You must also pay us a handling The amount of the late charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money orderTenant shall be reassessed and added to Tenant’s obligation for each successive month until paid. We may, however, upon 10 days’ written notice The provisions of this Section 3.2 shall in no way relieve Tenant of the obligation to you, require that payment be made in cash, or its equivalent. Monies received for pay rent or utility other payments may be applied to on or before the earliest outstanding sums (“first indate on which they are due, first out”) despite payer’s instructions or endorsements purporting to restrict application nor do the terms of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored this Section 3.2 in any available recreational vehicle storage are subject way affect Landlord’s remedies pursuant to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject Article 19 of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified this Lease in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission event said rent or other governmental agencies may be increased upon ninety (90) days noticepayment is unpaid after the date due.
Appears in 2 contracts
Rent. Tenant shall pay as rent to Owner without deduction or offset on the first day of each month:
3.1. The Monthly Rent may be increased at any time based on 90 days advance written notice in accordance with the provisions of the Mobilehome Residency Law and as allowed by state and local laws. Rent and all other charges are due in advance on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you is not paid by 8:00 a.m. on the 6th day of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money order. We may, however, upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option ▇ agrees to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. Landlord Greater Of Rent, Parking Improvement Rent, Premises Surface Parking Rent, Surface Parking Improvements Rent, and Additional Rent (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time collectively "Rent") in accordance with the rates established by these other parties this Article 5 and no advance notice Exhibit “R”, Exhibit “R-3”, or Exhibit “R-4”, as applicable. All payments of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational Rent and other extra vehicles sums due to Landlord hereunder shall be paid in legal tender of the United States, without notice, invoice, setoff, deduction or demand, except as otherwise expressly provided herein. No payment by Tenant or receipt or acceptance by Landlord of a lesser amount than the Rent shall be deemed to be a waiver of any current or preceding breach by Tenant of any provision hereof. No endorsement or statement on any check or any letter accompanying any check or payment as Rent shall be deemed an accord and satisfaction, and Landlord has the right to accept such check or payment without prejudice to Landlord's right to recover the balance of such Rent or pursue any other remedy in accordance with this Lease, at law or in equity. Tenant waives all rights that it may have under present or future law to designate the items of Rent to which any payments made by Tenant are to be stored in credited. ▇▇▇▇▇▇ agrees that Landlord may apply any available recreational vehicle storage are subject payments made by Tenant to such items of Rent as Landlord designates, irrespective of any designation or request by ▇▇▇▇▇▇ as to the fees imposed by the Park’s Storage Agreementitems of Rent to which such payments should be credited. Recreational vehicle storage is a separate obligation subject All payments of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 Rent shall be assessed for each calendar month delivered to and statements required under Section 5.4.3 below and Exhibit “R”, Exhibit “R-3”, or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and Exhibit “R-4”, as applicable, shall be filed with Landlord's Treasurer. Payments of Rent shall be made by check, electronic wire transfer or automated clearing house ("ACH") transfer. Checks shall be made payable in full for each calendar month to the San Diego Unified Port District and mailed to the San Diego Unified Port District, Finance Department, Post Office Box 120488, San Diego, California 92112-0488, or portion thereof. This additional charge for Guests shall not however apply if delivered to the Guest is a member of San Diego Unified Port District, Finance Department, ▇▇▇▇ ▇▇▇▇▇▇’s immediate family ▇ ▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇. All payments of Rent by electronic wire transfer or ACH transfer shall be directed to (or such other location as defined Landlord may instruct by notice from time to time): Beneficiary Bank: ▇▇▇▇▇ Fargo Bank, N.A. Bank Location: 420 Montgomery, MAC: A0112-102 San Francisco, CA 94104 ACH/Wire Routing Number: ▇▇▇▇▇▇▇▇▇ Beneficiary: San Diego Unified Port District Beneficiary Account Number: 4944-983881 Type of Account: Deposit Reference Description of payment Required: Customer number and/or invoice(s) numbers Landlord has the Mobilehome Residency Law right to change the designated place of payment or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased filing at any time upon ninety (90) days notice.ten
Appears in 2 contracts
Sources: Lease Agreement, Lease Agreement
Rent. Tenant shall pay as rent to Owner without deduction or offset on During the first day of each month:
3.1. The Monthly Rent may be increased at any time based on 90 days advance written notice in accordance with the provisions of the Mobilehome Residency Law and as allowed by state and local laws. Rent and all other charges are due in advance on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you is not paid by 8:00 a.m. on the 6th day of each monthTerm, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money order. We may, however, upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements ▇ will pay to Landlord the contraryRent and Additional Charges in lawful money of the United States of America and legal tender for the payment of public and private debts, in the manner provided in Section 3.3. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner Base Rent during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time Lease Year is payable in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated consecutive monthly installments on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for fifth (5th) Business Day of each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be during that Lease Year is payable in full for advance in consecutive monthly installments on the fifth (5th) Business Day of each calendar month during that Lease Year; provided that Tenant shall be entitled to set off against a Rent payment due hereunder any rent payments made by Tenant’s Parent or portion thereofone of its Subsidiaries to third-party lessors (and not previously set off) under leases (or subleases) existing on the Commencement Date, which leases (or subleases) are related to any Facility subject to this Master Lease or provide access or other similar rights to such Facility, if such lease (or sublease) has not been transferred to Landlord either (i) solely because the requisite consents to transfer have not been obtained or (ii) because the rent payable under such lease is satisfied through the payment of local development taxes, fees or other amounts paid by Tenant (provided that, in each case, Tenant shall certify to Landlord in writing on a periodic basis as reasonably requested by Landlord the applicable lease (or sublease) and third-party lessor and include reasonable detail regarding the amounts paid thereunder). This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined Unless otherwise agreed by the Mobilehome Residency Law or if parties, Rent and Additional Charges shall be prorated as to any partial months at the person occupies beginning and end of the homesite pursuant to Civil Code §798.34Term. The parties will agree on an allocation of the Base Rent on a declining basis for federal income tax purposes within the 115/85 safe harbor of Section 467 of the Code, assuming a projected schedule of Base Rent for this purpose.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 2 contracts
Sources: Master Lease (PENN Entertainment, Inc.), Master Lease (Gaming & Leisure Properties, Inc.)
Rent. 3.1 Tenant shall agrees to pay as rent to Owner without deduction Landlord the Annual Rent in effect from time to time by paying the Monthly Installment of Rent then in effect on or offset on before the first day of each full calendar month during the Term, except that the first full month:
3.1’s rent shall be paid upon the execution of this Lease. The Monthly Installment of Rent may be increased in effect at any time based on 90 days advance written notice in accordance with the provisions shall be one-twelfth (1/12) of the Mobilehome Residency Law and as allowed by state and local lawsAnnual Rent in effect at such time. Rent for any period during the Term which is less than a full month shall be a prorated portion of the Monthly Installment of Rent based upon the number of days in such month. Said rent shall be paid to Landlord, without deduction or offset and all other charges are due in advance without notice or demand, at the Rent Payment Address, as set forth on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recordedReference Pages, or to such other person or at such other place as Landlord may from time to time designate in writing. If an Event of Default occurs, Landlord may require by notice to Tenant that all subsequent rent payments be made by an automatic payment from Tenant’s bank account to Landlord’s account, without cost to Landlord. Tenant must implement such automatic payment system prior to the entire amount owed next scheduled rent payment or within ten (10) days after Landlord’s notice, whichever is later. Unless specified in this Lease to the contrary, all amounts and sums payable by you Tenant to Landlord pursuant to this Lease shall be deemed additional rent.
3.2 Tenant recognizes that late payment of any rent or other sum due under this Lease will result in administrative expense to Landlord, the extent of which additional expense is extremely difficult and economically impractical to ascertain. Tenant therefore agrees that if rent or any other sum is not paid by 8:00 a.m. on the 6th day of each monthwhen due and payable pursuant to this Lease, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”shall be imposed in an amount equal to the greater of: (a) Fifty Dollars ($50.00), or (b) six percent (6%) of the unpaid rent or other payment. You must also pay us a handling The amount of the late charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money orderTenant shall be reassessed and added to Tenant’s obligation for each successive month until paid. We may, however, upon 10 days’ written notice The provisions of this Section 3.2 in no way relieve Tenant of the obligation to you, require that payment be made in cash, or its equivalent. Monies received for pay rent or utility other payments may be applied to on or before the earliest outstanding sums (“first indate on which they are due, first out”) despite payer’s instructions or endorsements purporting to restrict application nor do the terms of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored this Section 3.2 in any available recreational vehicle storage are subject way affect Landlord’s remedies pursuant to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject Article 19 of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified this Lease in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission event said rent or other governmental agencies may be increased upon ninety (90) days noticepayment is unpaid after date due.
Appears in 2 contracts
Sources: Lease Agreement (Schrodinger, Inc.), Memorandum of Understanding (Cygne Designs Inc)
Rent. 7.1. Tenant shall pay to Landlord as rent Base Rent for the Premises, commencing on December I, 2018 (the “Rent Commencement Date”), the sums set forth in Section 2.3, subject to Owner without deduction or offset on the first day of rental adjustments provided in Article 8 hereof. Base Rent shall be paid in equal monthly installments as set forth in Section 2.3, subject to the rental adjustments provided in Article 8 hereof, each month:
3.1. The Monthly Rent may be increased at any time based on 90 days advance written notice in accordance with the provisions of the Mobilehome Residency Law and as allowed by state and local laws. Rent and all other charges are due in advance on the first day of each monthand every calendar month during the Term.
7.2. Utility charges In addition to Base Rent, Tenant shall pay to Landlord as additional rent (“Additional Rent”) at times hereinafter specified in this Lease (a) Tenant’s Adjusted Share (as defined below) of Operating Expenses (as defined below), (b) the Property Management Fee (as defined below) and (c) any other amounts that Tenant assumes or agrees to pay under the provisions of this Lease that are also owed to Landlord, including any and all other sums that may become due by reason of any default of Tenant or failure on Tenant’s part to comply with the agreements, terms, covenants and conditions of this Lease to be performed by Tenant, after notice and the lapse of any applicable cure periods.
7.3. Base Rent and Additional Rent shall together be denominated “Rent.” Rent shall be paid to Landlord, without abatement, deduction or offset, in lawful money of the United States of America to the address set forth in Section 2.8 or to such other person or at such other place as Landlord may from time designate in writing. In the event the Term commences or ends on a day other than the first day of each a calendar month. Billed submetered utilities reflect prior usage last recorded. If , then the entire amount owed by you is not paid by 8:00 a.m. Rent for such fraction of a month shall be prorated for such period on the 6th day basis of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge the number of days in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents month and other charges shall be paid at the then-current rate for such fractional month.
7.4. Tenant’s obligation to pay Rent shall not be discharged or otherwise affected by check (a) any Applicable Laws now or money orderhereafter applicable to the Premises, (b) any other restriction on Tenant’s use, (c) except as expressly provided herein, any casualty or taking or (d) any other occurrence; and Tenant waives all rights now or hereafter existing to terminate or cancel this Lease or quit or surrender the Premises or any part thereof, or to assert any defense in the nature of constructive eviction to any action seeking to recover rent. We mayTenant’s obligation to pay Rent with respect to any period or obligations arising, existing or pertaining to the period prior to the date of the expiration or earlier termination of the Term or this Lease shall survive any such expiration or earlier termination; provided, however, upon 10 days’ written that nothing in this sentence shall in any way affect Tenant’s obligations with respect to any other period.
7.5. Provided that Tenant is not then in default of this Lease (beyond the expiration of all applicable notice to youand cure periods expressly set forth in this Lease), require that payment be made in cashthen during the initial six (6) calendar months of the Term following the Rent Commencement Date (the “Rent Abatement Period”), or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received Tenant shall not be construed obligated to pay any Base Rent otherwise attributable to the Premises (the “Rent Abatement”). Landlord and Tenant acknowledge that the aggregate amount of the Rent Abatement shall be in an amount not to exceed Two Hundred Seventy-Eight Thousand Two Hundred Seven and 70/100 Dollars ($278,207.70). Tenant acknowledges and agrees that the foregoing Rent Abatement has been granted to Tenant as an accord additional consideration for entering into this Lease, and satisfaction for agreeing to pay the rental and performing the terms and conditions otherwise required under this Lease. If Tenant shall be in default under this Lease beyond any applicable notice and cure period provided in this Lease, then Tenant’s right to receive the Base Rent Abatement for the Base Rent Abatement Period shall automatically terminate as of the date of such default and Tenant shall immediately be obligated to begin paying Base Rent for the Premises in full. The Base Rent Abatement shall be personal to the original Tenant and shall only apply to the extent that the original Tenant (and not any assignee, or release any sublessee or other transferee of other debt, despite the original Tenant’s interest in this Lease) is the Tenant under this Lease during the Base Rent Abatement Period. Nothing in this Section shall work to a▇▇▇▇▇▇ or reduce (during the Rent Abatement Period or otherwise) Tenant’s purported instructions or endorsements obligations under this Lease with respect to Additional Rent including (without limitation) Tenant’s obligations with respect to Tenant’s Adjusted Share of Operating Expenses and the contrary. The late charges are not a grace period or an option to pay lateProperty Management Fee.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 2 contracts
Sources: Lease (Erasca, Inc.), Lease Agreement (Erasca, Inc.)
Rent. Tenant shall 3.1 ▇▇▇▇▇▇ agrees to pay as rent Landlord the Annual Rent in effect from time to Owner without deduction time by paying the Monthly Installment of Rent then in effect on or offset on before the first day of each month:
3.1full calendar month during the Term, except that the rent for November 2001 shall be paid upon the execution of this Lease. The Monthly Installment of Rent may be increased in effect at any time based on 90 days advance written notice in accordance with the provisions shall be one-twelfth of the Mobilehome Residency Law and as allowed by state and local lawsAnnual Rent in effect at such time. Rent for any period during the Term which is less than a full month shall be a prorated portion of the Monthly Installment of Rent based upon a thirty (30) day month. Said rent shall be paid to Landlord, without deduction or offset and all other charges are due in advance without notice or demand, at the Landlord's address, as set forth on the first day Reference Page, or to such other person or at such other place as Landlord may from time to time designate in writing.
3.2 Tenant recognizes that the late payment of each monthany rent or other sum due under this Lease will result in administrative expense to Landlord, the extent of which additional expense is extremely difficult and economically impractical to ascertain. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you Tenant therefore agrees that if rent or any other sum is not paid by 8:00 a.m. on the 6th day of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money order. We may, however, upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite within 3 days after ▇▇▇▇▇’s purported instructions ▇ receives notice that rent or endorsements such sum is due and payable pursuant to this Lease, a late charge shall be imposed in an amount equal to the contrarygreater of: (a) Fifty Dollars($50.00), or (b) a sum equal to three percent (3%) per month of the unpaid rent or other payment. The amount of the late charges are not a grace period or an option charge to pay late.
3.2. All utility charges billed to be paid by Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence reassessed and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of added to ▇▇▇▇▇▇’s immediate family as defined by 's obligation for each successive monthly period until paid. The provisions of this Section 3.2 in no way relieve Tenant of the Mobilehome Residency Law obligation to pay rent or if other payments on or before the person occupies date on which they are due, nor do the homesite terms of this Section 3.2 in any way affect Landlord's remedies pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by Article 18 in the Public Utilities Commission event said rent or other governmental agencies may be increased upon ninety (90) days noticepayment is unpaid after date due.
Appears in 1 contract
Sources: Lease (Invitrogen Corp)
Rent. Tenant shall 3.1 T▇▇▇▇▇ agrees to pay as rent to Owner without deduction Landlord the Annual Rent in effect from time to time by paying the Monthly Installment of Rent then in effect on or offset on before the first day of each full calendar month during the Term, except that the first full month:
3.1's rent shall be paid upon the execution of this Lease and shall be offset against rent when it actually first becomes due under the Lease. Provided there is no Event of Default by Tenant under this Lease, payment of rent for the Initial Premises shall be abated for the first year of the Term as set forth in the Initial Premises rent schedule on the Reference Pages. The Monthly Installment of Rent may be increased in effect at any time based on 90 days advance written notice in accordance with the provisions shall be one-twelfth (1/12) of the Mobilehome Residency Law and as allowed by state and local lawsAnnual Rent in effect at such time. Rent and all other charges are due for any period during the Term which is less than a full month shall be a prorated portion of the Monthly Installment of Rent based upon the number of days in advance on the first day of each such month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you is not paid by 8:00 a.m. on the 6th day of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges Said rent shall be paid by check to Landlord, without deduction or money order. We mayoffset and without notice or demand, howeverat the Rent Payment Address, upon 10 days’ written notice to you, require that payment be made in cashas set forth on the Reference Pages, or its equivalentto such other person or at such other place as Landlord may from time to time designate in writing. Monies received for Unless specified in this Lease to the contrary, all amounts and sums payable by Tenant to Landlord pursuant to this Lease shall be deemed additional rent.
3.2 Tenant recognizes that late payment of any rent or utility payments may be applied other sum due under this Lease will result in administrative expense to Landlord, the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting extent of which additional expense is extremely difficult and economically impractical to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage dueascertain. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite T▇▇▇▇▇’s purported instructions ▇ therefore agrees that if rent or endorsements any other sum is not paid when due and payable pursuant to this Lease, a late charge shall be imposed in an amount equal to the contrarygreater of: (a) Fifty Dollars ($50.00), or (b) five percent (5%) of the unpaid rent or other payment. The amount of the late charges are not a grace period or an option charge to be paid by Tenant shall be reassessed and added to Tenant's obligation for each successive month until paid. The provisions of this Section 3.2 in no way relieve Tenant of the obligation to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner rent or other payments on or before the date on which they are set by due, nor do the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice terms of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored this Section 3.2 in any available recreational vehicle storage are subject way affect Landlord 's remedies pursuant to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject Article 19 of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified this Lease in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission event said rent or other governmental agencies may be increased upon ninety (90) days noticepayment is unpaid after date due.
Appears in 1 contract
Sources: Lease Agreement (Wageworks, Inc.)
Rent. 3.1 Tenant shall agrees to pay as rent to Owner without deduction Landlord the Annual Rent in effect from time to time by paying the Monthly Installment of Annual Rent then in effect on or offset on before the first day of each month:
3.1full calendar month during the Term, except that the first Monthly Installment of Annual Rent shall be paid upon the execution of this Lease. The Monthly Installment of Annual Rent may be increased in effect at any time based on 90 days advance written notice in accordance with the provisions shall be one-twelfth of the Mobilehome Residency Law and as allowed by state and local lawsAnnual Rent in effect at such time. The amount of Annual Rent due for any period during the Term which is less than a full month shall be a prorated portion of the Monthly Installment of Annual Rent based upon a thirty (30) day month. All Annual Rent and all other charges are due in advance on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you is not paid by 8:00 a.m. on the 6th day of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges Additional Rent shall be paid to Landlord, without deduction or offset and without notice or demand, at Landlord's address, as set forth on the Reference Page, or to such other person or at such other place as Landlord may from time to time designate by check or money order. We may, however, upon 10 days’ written notice to you, require that payment be made in cash, or its equivalentTenant. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed sent to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more not later than a total twenty (20) consecutive days or a total of thirty (30) days prior to the date the next Monthly Installment of Annual Rent is due, except in the case of a sale or other transfer of the Building by Landlord, in which event such notice from Landlord may be sent to Tenant not later than fifteen (15) days prior to the date the next Installment of Annual Rent is due.
3.2 Tenant recognizes that late payment of any Annual Rent, Additional Rent or other sum due under this Lease will result in administrative expense to Landlord, the extent of which additional expense is extremely difficult and economically impractical to ascertain. Tenant therefore agrees that if Annual Rent, Additional Rent or any other sum is not paid when due and payable pursuant to this Lease, a late charge shall be imposed in an amount equal to the greater of: (a) Fifty Dollars ($50.00), or (b) a sum equal to five percent (5%) per month of the unpaid amount of Annual Rent or Additional Rent or other payment; provided, however, that the first time such an Annual Rent and/or Additional Rent payment is late in any calendar yearyear during the Term, Landlord shall not impose such late charge on Tenant unless and until Tenant shall have failed to pay the Annual Rent payment and/or the Additional Rent payment within five (5) days after receipt of notice from Landlord notifying Tenant of the delinquent payment. The amount of the late charge to be paid by Tenant shall be reassessed and added to Tenant's obligation for each successive monthly period until paid. In addition, after the occurrence of an Event of Default (as hereinafter defined) with respect to the payment of Monthly Installments of Annual Rent or Additional Rent to Landlord, such past-due and unpaid amounts shall bear interest ("Default Interest") at the rate per annum which is two percent (2%) higher than the "prime rate" then being charged by The Northern Trust Company of Chicago, Illinois from the date of the occurrence of the Event of Default until the Event of Default is fully cured; provided, however, that nothing contained herein shall be construed as permitting Landlord to charge or receive interest in excess of the maximum legal rate then allowed by law. Such guest fee late charge and Default Interest shall commence constitute Additional Rent. The provisions of this Section 3.2 in no way relieve Tenant of the day after a Guest has exceeded obligation to pay Annual Rent, Additional Rent or other payments on or before the grace time specified date on which they are due, nor do the terms of this Section 3.2 in any way affect Landlord's remedies pursuant to Article 19 of this Lease in the preceding sentence event said Annual Rent, Additional Rent or other payment is unpaid after the date due.
3.3 Provided no Event of Default shall have occurred and be continuing, Landlord shall be abat▇ ▇▇▇ forgive the Monthly Installment of Annual Rent due and payable in full for each the second fall calendar month or portion thereof. This additional charge for Guests shall not however apply if of the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34first Lease Year.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Sources: Deed of Lease (Intuit Inc)
Rent. 3.1 Tenant shall agrees to pay as rent to Owner without deduction Landlord the Annual Rent in effect from time to time by paying the Monthly Installment of Rent then in effect on or offset on before the first day of each full calendar month during the Term, except that the first full month:
3.1's rent shall be paid upon the execution of this Lease. The Monthly Installment of Rent may be increased in effect at any time based on 90 days advance written notice in accordance with the provisions shall be one-twelfth (1/12) of the Mobilehome Residency Law and as allowed by state and local lawsAnnual Rent in effect at such time. Rent for any period during the Term which is less than a full month shall be a prorated portion of the Monthly Installment of Rent based upon the number of days in such month. Said rent shall be paid to Landlord, without deduction or offset and all other charges are due in advance without notice or demand, at the Rent Payment Address, as set forth on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recordedReference Pages, or to such other person or at such other place as Landlord may from time to time designate in writing. If an Event of Default occurs, Landlord may require by notice to Tenant that all subsequent rent payments be made by an automatic payment from Tenant's bank account to Landlord's account, without cost to Landlord. Tenant must implement such automatic payment system prior to the entire amount owed next scheduled rent payment or within ten (10) days after Landlord's notice, whichever is later. Unless specified in this Lease to the contrary, all amounts and sums payable by you Tenant to Landlord pursuant to this Lease shall be deemed additional rent.
3.2 Tenant recognizes that late payment of any rent or other sum due under this Lease will result in administrative expense to Landlord, the extent of which additional expense is extremely difficult and economically impractical to ascertain. Tenant therefore agrees that if rent or any other sum is not paid by 8:00 a.m. on the 6th day of each monthwhen due and payable pursuant to this Lease, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”shall be imposed in an amount equal to the greater of: (a) Fifty Dollars ($500.00), or (b) six percent (6%) of the unpaid rent or other payment. You must also pay us a handling The amount of the late charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money orderTenant shall be reassessed and added to Tenant's obligation for each successive month until paid. We may, however, upon 10 days’ written notice The provisions of this Section 3.2 in no way relieve Tenant of the obligation to you, require that payment be made in cash, or its equivalent. Monies received for pay rent or utility other payments may be applied to on or before the earliest outstanding sums (“first indate on which they are due, first out”) despite payer’s instructions or endorsements purporting to restrict application nor do the terms of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored this Section 3.2 in any available recreational vehicle storage are subject way affect Landlord's remedies pursuant to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject Article 19 of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified this Lease in the preceding sentence and shall be payable in full for each calendar month event said rent or portion thereof. This additional charge for Guests shall not however apply if the Guest Other payment is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34unpaid after date due.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Sources: Lease Agreement (Immudyne, Inc.)
Rent. 5.1 Tenant agrees to pay Landlord as Basic Annual Rent for the Premises the sum set forth in Section 2.1.2, subject to the rental adjustments provided in Sections 4.3, 6.1 and 8.2 hereof. Basic Annual Rent shall pay as rent be paid in the equal monthly installments set forth in Section 2.1.3, subject to Owner without deduction or offset on the first day of rental adjustments provided in Sections 4.3, 6.1 and 8.2 hereof, each month:
3.1. The Monthly Rent may be increased at any time based on 90 days advance written notice in accordance with the provisions of the Mobilehome Residency Law and as allowed by state and local laws. Rent and all other charges are due in advance on the first day of each month. Utility charges are also and every calendar month during the term of this Lease.
5.2 In addition to Basic Annual Rent, Tenant agrees to pay to Landlord as additional rent (“Additional Rent”), at the times hereinafter specified in this Lease, Operating Expenses as provided in Article 7 and all other amounts that Tenant assumes or agrees to pay under the provisions of this Lease, including but not limited to any and all other sums that may become due by reason of (i) any default of Tenant or failure on Tenant’s part to comply with the agreements, terms, covenants and conditions of this Lease to be performed by Tenant, and (ii) Landlord’s performance of any obligations of Tenant under this Lease.
5.3 Basic Annual Rent and Additional Rent shall together be denominated “Rent.” Except as expressly set forth in this Lease, Rent shall be paid to Landlord, without notice, demand, abatement, suspension, deduction, or setoff, in lawful money of the United States of America, at the office of Landlord as set forth in Section 2.1.6 or to such other person or at such other place as Landlord may from time to time designate in writing. Landlord shall submit to Tenant an invoice for Rent once each calendar month.
5.4 In the event the term of this Lease commences or ends on a day other than the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you is not paid by 8:00 a.m. on the 6th day of each a calendar month, you must pay then the Rent for such fraction of a late charge specified month shall be prorated for such period on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents per diem basis and other charges shall be paid by check or money order. We may, however, upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received at the then current rate for rent or utility payments may be applied such fractional month prior to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting commencement of the partial month.
5.5 This is an absolutely net lease to restrict application Landlord. It is the intent of payment the parties that the Basic Annual Rent payable under this Lease shall be an absolutely net return to a specific month or time period, or purporting to extinguish Landlord and that Tenant shall pay all arrearage due. Partial payments received shall not be construed as an accord costs and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements expenses relating to the contraryPremises unless otherwise expressly provided in this Lease. The late charges are not a grace period Any amount or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject obligation herein relating to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage Premises which is a separate obligation subject not expressly declared to be that of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 Landlord shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total deemed to be an obligation of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall Tenant to be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇performed by Tenant at Tenant’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34expense.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Sources: Sublease (Salmedix Inc)
Rent. As used in this Lease, the term "Rent" shall include: (i) the ---- Base Rent; (ii) Tenant's Percentage Share of the Operating Expenses paid or incurred by Landlord during the calendar year; and (iii) all other amounts which Tenant is obligated to pay under the terms of this Lease. All amounts of money payable by Tenant to Landlord shall be paid without prior notice or demand, deduction or offset. This Lease is intended to be a triple net lease, with all costs, expenses and charges (including the Operating Expenses) paid by Tenant. Tenant hereby acknowledges that late payment by Tenant to Landlord of Rent will cause Landlord to incur costs not contemplated by this Lease, the exact amount of which will be difficult to ascertain. Such costs include, but are not limited to, processing and accounting charges, and late charges which may be imposed on Landlord by the terms of any trust deed covering the Premises. Accordingly, if any installment of Rent or any other sums due from Tenant shall not be received by Landlord when due, Tenant shall pay as rent to Owner without deduction or offset on the first day Landlord a late charge equal to six percent (6%) of each month:
3.1such overdue amount. The Monthly Rent may be increased at any time based on 90 days advance written notice in accordance with the provisions parties hereby agree that such late charge represents a fair and reasonable estimate of the Mobilehome Residency Law costs Landlord will incur by reason of late payment by Tenant. Acceptance of such late charge by Landlord shall in no event constitute a waiver of Tenant's default with respect to such overdue amount, nor prevent Landlord from exercising any of the other rights and as allowed by state and local lawsremedies granted hereunder. Rent and all other charges are due in advance on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire In addition, any amount owed by you which is not paid when due shall bear interest from the date due until the date paid at the rate ("Interest Rate") which is the lesser of fifteen percent (15%) per annum or the maximum rate permitted by 8:00 a.m. on the 6th day of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money order. We may, however, upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay latelaw.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Sources: Sublease (Ibeam Broadcasting Corp)
Rent. 3.1 Tenant shall agrees to pay as rent to Owner without deduction Landlord the Annual Rent in effect from time to time by paying the Monthly Installment of Rent then in effect on or offset on before the first day of each full calendar month during the Term, except that the first month:
3.1's rent shall be paid upon the execution of this Lease. The Monthly Installment of Rent may be increased in effect at any time based on 90 days advance written notice in accordance with the provisions shall be one-twelfth of the Mobilehome Residency Law and as allowed by state and local lawsAnnual Rent in effect at such time. Rent and all other charges are due in advance on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you is not paid by 8:00 a.m. on the 6th day of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason period during the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges Term which is less than a full month shall be paid by check or money order. We may, however, a prorated portion of the Monthly Installment of Rent based upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days day month. Said rent shall be paid to Landlord, without deduction or offset and without notice or demand, at the Landlord's address, as set forth on the Reference Page, or to such other person or at such other place as Landlord may from time to time designate in writing.
3.2 Tenant recognizes that late payment of any rent or other sum due under this Lease will result in administrative expense to Landlord, the extent of which additional expense is extremely difficult and economically impractical to ascertain. Tenant therefore agrees that if rent or any other sum is not paid within five (5) days, when due and payable pursuant to this Lease, a late charge shall be imposed in an amount equal to the greater of: (a) Fifty Dollars ($50.00), or (b) a sum equal to five percent (5%) per month of the unpaid rent or other payment. The amount of the late charge to be paid by Tenant shall be reassessed and added to Tenant's obligation for each successive monthly period until paid. The provisions of this Section 3.2 in no way relieve Tenant of the obligation to pay rent or other payments on or before the date on which they are due, nor do the terms of this Section 3.2 in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified way affect Landlord's remedies pursuant to Article 18 in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission event said rent or other governmental agencies may be increased upon ninety (90) days noticepayment is unpaid after date due.
Appears in 1 contract
Sources: Lease Agreement (Omp Inc)
Rent. 7.1 Tenant shall pay to Landlord as rent to Owner without deduction or offset Base Rent for the Premises, commencing on the first day of Term Commencement Date, the sums set forth in Section 2.3, subject to the rental adjustments provided in Article 8 hereof. Base Rent shall be paid in equal monthly installments as set forth in Section 2.3, subject to the rental adjustments provided in Article 8 hereof, each month:
3.1. The Monthly Rent may be increased at any time based on 90 days advance written notice in accordance with the provisions of the Mobilehome Residency Law and as allowed by state and local laws. Rent and all other charges are due in advance on the first day of each month. Utility charges and every calendar month during the Term.
7.2 In addition to Base Rent, Tenant shall pay to Landlord as additional rent (“Additional Rent”) at times hereinafter specified in this Lease (a) Tenant’s Share (as defined below) of Operating Expenses (as defined below), (b) the Property Management Fee (as defined below) and (c) any other amounts that Tenant assumes or agrees to pay under the provisions of this Lease that are also owed to Landlord, including any and all other sums that may become due by reason of any default of Tenant or failure on Tenant’s part to comply with the agreements, terms, covenants and conditions of this Lease to be performed by Tenant, after notice and the lapse of any applicable cure periods.
7.3 Base Rent and Additional Rent shall together be denominated “Rent.” Rent shall be paid to Landlord, without abatement, deduction or offset, in lawful money of the United States of America at the office of Landlord as set forth in Section 2.8 or to such other person or at such other place as Landlord may from time designate in writing. In the event the Term commences or ends on a day other than the first day of each a calendar month. Billed submetered utilities reflect prior usage last recorded. If , then the entire amount owed by you is not paid by 8:00 a.m. Rent for such fraction of a month shall be prorated for such period on the 6th day basis of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge the number of days in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents month and other charges shall be paid at the then-current rate for such fractional month.
7.4 Tenant’s obligation to pay Rent shall not be discharged or otherwise affected by check (a) any Applicable Laws now or money orderhereafter applicable to the Premises, (b) any other restriction on Tenant’s use, (c) except as expressly provided herein, any casualty or taking or (d) any other occurrence; and Tenant waives all rights now or hereafter existing to terminate or cancel this Lease or quit or surrender the Premises or any part thereof, or to assert any defense in the nature of constructive eviction to any action seeking to recover rent. We mayTenant’s obligation to pay Rent with respect to any period or obligations arising, existing or pertaining to the period prior to the date of the expiration or earlier termination of the Term or this Lease shall survive any such expiration or earlier termination; provided, however, upon 10 days’ written notice to you, require that payment be made nothing in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received this sentence shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject way affect Tenant’s obligations with respect to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billingany other period.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Sources: Lease (Glycomimetics Inc)
Rent. Tenant shall agrees to pay Landlord a total "Base Rent" of Two Hundred and Sixty Thousand Four Hundred and Twenty Four Dollars ($260,424) in advance in monthly installments of Four Thousand Eight Hundred and Twenty Two Dollars and Sixty Seven Cents ($4,822.67) without any offset or deduction whatsoever, in lawful money of the United States of America, at Landlord's address above specified or elsewhere as rent specified from time to Owner without deduction or offset time by Landlord's written notice to Tenant. Landlord hereby acknowledges payment by Tenant of the sum of Five Thousand One Hundred and Thirty Six Dollars and Fourteen Cents ($5,136.14) representing of the first monthly installment of Base Rent, plus sales tax, for (he first month of the term of the Lease. The balance of the total Base Rent is payable in equal monthly installments as specified above, in advance, on the first day beginning on the eighth month of the Term. The Rent for months two through seven (six months) is abated. If the Term of this Lease commences on any day other than the first of the month, Tenant will pay Landlord Rent for the commencement month on a prorated basis (such proration to be based on the actual number of days in the commencement month), and the first month's installment of Base Rent paid by Tenant, if any, upon execution of this Lease will be credited to the next full month's installment of Base Rent due. Rent for any partial month of occupancy at the end of the Term will be prorated based on the actual number of days in the partial month. In addition to Base Rent, Tenant agrees to pay to Landlord, each month:
3.1, a sum equal to any sales tax, tax on rentals, and any other charges, taxes and/or impositions now in existence or subsequently imposed, based upon the rental or the amount of Rent, and any other charges so levied. Tenant is not required to pay any part of any federal or state income taxes imposed upon Landlord. The Monthly Rent may be increased at any time based on 90 days advance written notice Landlord acknowledges payment by Tenant of the sum of Twenty Eight Thousand Two Hundred and Five Dollars ($28,285) for the cost of additional improvements to the Premises in accordance with the provisions of the Mobilehome Residency Law Architect's floor plan (Exhibit "A") and as allowed by state and local lawsBuilding Standards (Exhibit "C"). Rent and all other charges are due in advance on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you is not paid by 8:00 a.m. on the 6th day of each month, you Tenant must pay a late charge specified Landlord interest at the maximum legal rate on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth any Rent due that remains unpaid for “NSF” checks five (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money order. We may, however, upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (305) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34its due date.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Rent. 3.1 Tenant shall agrees to pay as rent to Owner without deduction Landlord the An▇▇▇▇ ▇ent in effect from time to time by paying the Monthly Installment of Rent then in effect on or offset on before the first day of each full calendar month during the Term, except that the first month:
3.1's rent shall be paid upon the execution of this Lease. The Monthly Installment of Rent may be increased in effect at any time based on 90 days advance written notice in accordance with the provisions shall be one-twelfth of the Mobilehome Residency Law and as allowed by state and local lawsAnnual Rent in effect at such time. Rent for any period during the Term which is less than a full month shall be a prorated portion of the Monthly Installment of Rent based upon a thirty (30) day month. Said rent shall be paid to Landlord, without deduction or offset and all other charges are due in advance without notice or demand, at the Landlord's address, as set forth on the first day Reference Page, or to such other person or at such other place as Landlord may from time to time designate in writing.
3.2 Tenant recognizes that late payment of each monthany rent or other sum due under this Lease will result in administrative expense to Landlord, the extent of which additional expense is extremely difficult and economically impractical to ascertain. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you Tenant therefore agrees that if rent ▇▇ ▇▇y other sum is not paid by 8:00 a.m. on the 6th day of each monthwhen due and payable pursuant to this Lease, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”shall be imposed in an amount equal to the greater of: (a) Fifty Dollars ($50.00), or (b) a sum equal to five percent (5%) per month of the unpaid rent or other payment. You must also pay us a handling The amount of the late charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money order. We may, however, upon 10 days’ written notice Tenant shall be reassessed and added to you, require that payment be made in cash, or its equivalent. Monies received Tenant's obligation for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite each succe▇▇▇▇▇’s purported instructions or endorsements to the contrary▇ monthly period until paid. The late charges are not a grace period or an option provisions of this Section 3.2 in no way relieve Tenant of the obligation to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner rent or other payments on or before the date on which they are set by due, nor do the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice terms of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored this Section 3.2 in any available recreational vehicle storage are subject way affect Landlord's remedies pursuant to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified Article 19 in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission event said rent or other governmental agencies may be increased upon ninety (90) days noticepayment is unpaid after date due.
Appears in 1 contract
Sources: Lease (Sitek Inc)
Rent. Tenant 5.1. Subtenant shall pay to Sublandlord during the Sublease Term as rent to Owner without deduction or offset on base rental for the first day of each month:
3.1. The Monthly Rent may Building the following monthly amounts, which monthly amounts shall be increased at any time based on 90 days advance written notice in accordance with the provisions of the Mobilehome Residency Law and as allowed by state and local laws. Rent and all other charges are due paid in advance on the first day of each calendar month (“Base Rent”): Months 1-4: $33,250.00 NNN per month Months 4-12: $66,500.00 NNN per month Months 13-24: $68,495.00 NNN per month Months 25-36: $70,549.85 NNN per month Months 37-48: $72,666.35 NNN per month
5.2. Utility charges are also due by If the Sublease Term commences on a date other than the first day of a calendar month, then Subtenant shall pay Base Rent for the fractional month on a per diem basis (calculated on the basis of a thirty (30) day month) until the first day of the month, and thereafter the Base Rent shall be paid in equal monthly installments on the first day of each monthand every month in advance. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you is not All sums to be paid by 8:00 a.m. on the 6th day of each monthSubtenant to Sublandlord, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges including without limitation Base Rent, shall be paid in lawful money of the United States of America, shall be paid without deduction or offset, prior notice or demand, and shall be paid to Sublandlord via wire transfer pursuant to written instructions that Sublandlord shall deliver to Subtenant. No measurement of the Building after the execution of this Sublease shall alter any amount payable hereunder by check Subtenant, including the Base Rent.
5.3. Subtenant acknowledges and agrees that this is an absolute triple net lease to Sublandlord, and that Subtenant shall pay Additional Rent to Sublandlord during the Sublease Term, in addition to the Base Rent. Additional Rent shall include without limitation—
5.3.1. All sums (excluding Base Rent) payable by Sublandlord to Landlord pursuant to the Master Lease with respect to the Building during the Sublease Term, including without limitation Lease Agreement Sections 4.2 and 4.4, but excluding (i) any such sums imposed by Landlord under the Master Lease to the extent due to any breach of the Master Lease committed or money ordercaused by Sublandlord and not caused by a breach of Subtenant’s obligations under this Sublease and (ii) any amounts payable under the Lease Amendment; and
5.3.2. We mayAll charges, howevercosts and expenses that Subtenant is required to pay hereunder, upon 10 days’ written notice together with all late charges, interest, costs and expenses including attorney fees that may accrue thereto in the event of Subtenant’s failure to youpay such amounts, require and all damages, reasonable costs and expenses which Sublandlord may incur by reason of Subtenant’s default or breach of this Sublease.
5.4. Subtenant acknowledges that payment be made in cash, or its equivalent. Monies received for rent or utility payments amounts due as Additional Rent may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant and payable by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time Subtenant in accordance with the rates established by these other parties and no advance notice provisions of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billingLease Agreement Section 4.2.
3.45.5. The Guest charge listed on page 1 In the event of Subtenant’s non-payment of Base Rent or Additional Rent, Sublandlord shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence have all rights and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined remedies allowed by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34law.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Rent. 3.1 Tenant shall agrees to pay to Landlord the Base Rent as rent to Owner without deduction or offset stated on the first day Lease Cover Page. Tenant will be liable for Base Rent upon the date on which possession of each month:the Premises is delivered to Tenant.
3.13.2 All monies payable by Tenant to Landlord under this Lease will be considered rent. The Monthly Rent may monthly rent will be increased at any time based on 90 days advance written notice in accordance with the provisions of the Mobilehome Residency Law and as allowed by state and local laws. Rent and all other charges are due paid to Landlord in advance on the first day of each monthcalendar month during the entire term of this Lease, without deduction or set-off. Utility charges are also due by Should the obligation to pay rent commence on a day other than the first day of each a month or terminate on a day other than the last day of a month. Billed submetered utilities reflect prior usage last recorded, all rent will be prorated based on the days in the calendar month involved. If Tenant fails to pay any rent or other sums when due, such unpaid amounts will bear interest at the entire amount owed lesser of the highest rate permitted by you is not paid law or fifteen percent (15%) per annum.
3.3 Tenant hereby grants to Landlord a continuing security interest in all assets (the "Collateral") now owned and hereafter acquired by 8:00 a.m. Tenant and located, at any time, on the 6th day Premises or derived from the Premises, including all now owned and hereafter acquired inventory, equipment, furniture, fixtures, accounts, contract rights, general tangibles, and all proceeds, products, replacements and substitutions thereof. Tenant authorizes Landlord to file a Financing Statement(s). Upon the occurrence of each monthan event of default, you must pay a late charge specified Landlord may exercise any and all rights and remedies provided under the Uniform Commercial Code, including taking possession of the Collateral (whether through changing the locks on page 1 “SUMMARY OF PROVISIONS”the Premises or otherwise). You must also pay us a handling charge Tenant agrees that reasonable notice of any sale of the Collateral shall be sufficient if made by mail, by posting, personal delivery or in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money order. We may, however, upon 10 days’ written notice to you, require that payment be made manner in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums Landlord's sole discretion at least seven (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (307) days in before any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34such sale.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Sources: Lease Agreement
Rent. Tenant shall 3.1 T▇▇▇▇▇ agrees to pay as rent to Owner without deduction Landlord the Annual Rent in effect from time to time by paying the Monthly Installment of Rent then in effect on or offset on before the first day of each full calendar month during the Term, except that the first full month:
3.1’s rent shall be paid upon the execution of this Lease. The Monthly Installment of Rent may be increased in effect at any time based on 90 days advance written notice in accordance with the provisions shall be one-twelfth (1/12) of the Mobilehome Residency Law and as allowed by state and local lawsAnnual Rent in effect at such time. Rent for any period during the Term which is less than a full month shall be a prorated portion of the Monthly Installment of Rent based upon the number of days in such month. Said rent shall be paid to Landlord, without deduction or offset and all other charges are due in advance without notice or demand, at the Rent Payment Address, as set forth on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recordedReference Pages, or to such other person or at such other place as Landlord may from time to time designate in writing. If an Event of Default occurs. Landlord may require by notice to Tenant that all subsequent rent payments be made by an automatic payment from Tenant’s bank account to Landlord’s account, without cost to Landlord. Tenant must implement such automatic payment system prior to the entire amount owed next scheduled rent payment or within ten (10) days after Landlord’s notice, whichever is later. Unless specified in this Lease to the contrary, all amounts and sums payable by you Tenant to Landlord pursuant to this Lease shall be deemed additional rent.
3.2 Tenant recognizes that late payment of any rent or other sum due under this Lease will result in administrative expense to Landlord, the extent of which additional expense is extremely difficult and economically impractical to ascertain. T▇▇▇▇▇ therefore agrees that if rent or any other sum is not paid by 8:00 a.m. on the 6th day of each monthwhen due and payable pursuant to this Lease, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”shall be imposed in an amount equal to the greater of: (a) Fifty Dollars ($50.00), or (b) six percent (6%) of the unpaid rent or other payment. You must also pay us a handling The amount of the late charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money order. We may, however, upon 10 days’ written notice Tenant shall be reassessed and added to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite T▇▇▇▇▇’s purported instructions or endorsements to the contraryobligation for each successive month until paid. The late charges are not a grace period or an option provisions of this Section 3.2 in no way relieve Tenant of the obligation to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner rent or other payments on or before the date on which they are set by due, nor do the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice terms of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored this Section 3.2 in any available recreational vehicle storage are subject way affect Landlord’s remedies pursuant to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject Article 19 of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified this Lease in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission event said rent or other governmental agencies may be increased upon ninety (90) days noticepayment is unpaid after date due.
Appears in 1 contract
Rent. 4.1 Rental accrues from the Commencement Date, and is payable to Landlord, at Landlord’s address as provided herein or at such other address as Landlord may designate in writing to Tenant shall from time to time.
4.2 Tenant must pay as rent to Owner without deduction Landlord minimum guaranteed rental in monthly installments in the amounts specified in Section 1.1(m) of this lease. The first such monthly installment is due and payable on or offset before the Commencement Date, and subsequent installments are due and payable on or before the first day of each succeeding calendar month during the lease term; provided that if the Commencement Date is a date other than the first day of a calendar month:
3.1. The Monthly Rent may be increased at any time based , Tenant must pay on 90 days advance written notice in accordance with or before such date as minimum guaranteed rental for the provisions balance of such calendar month a sum equal to that proportion of the Mobilehome Residency Law and rent specified for the first full calendar month as allowed by state and local laws. Rent and all other charges are due herein provided, which the number of days from the Commencement Date to the end of the calendar month during which the Commencement Date falls bears to the total number of days in advance such month.
4.3 It is understood that the minimum guaranteed rental is payable on or before the first day of each monthcalendar month (in accordance with Section 4.1 and Section 4.2 above), without offset or deduction of any nature. Utility charges are also due by In the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire event any rental or other amount owed by you to Landlord (including, without limitation, any amounts owed under the terms of this Article 4, or under Article 6, Article 7, or Article 8 below) is not paid received by 8:00 a.m. on Landlord before the 6th day of each monthdate which is ten (10) days after such amount’s due date, you for any reason whatsoever, or if any payment for such an amount is by check which is returned for insufficient funds, then in addition to the past due amount, Tenant must pay to Landlord one of the following (the choice to be at the sole option of the Landlord unless one of the choices is improper under applicable law, in which event the other alternative will automatically be deemed to have been selected): (a) a late charge specified in an amount equal to ten percent (10%) of the rental or other amount then due, in order to compensate Landlord for its administrative and other overhead expenses; or (b) interest on page 1 “SUMMARY OF PROVISIONS”the rental or other amount then due at the maximum contractual rate which could legally be charged in the event of a loan of such amount to Tenant (but in no event to exceed 1½% per month), such interest to accrue continuously on any unpaid balance during the period commencing with the due date of such rental or other amount and terminating with the date on which Tenant makes full payment of all amounts owing to Landlord at the time of such payment. You Any such late charge or interest payment is payable as additional rental under this lease and is payable immediately on demand. If any payment for rental or other amount owed to Landlord (including, without limitation, any amounts owed under the terms of this Article 4, or under Article 6, Article 7, or Article 8 below) is by check which is returned for insufficient funds, Tenant must immediately make the required payment to Landlord in good funds; moreover, Tenant must also pay us a handling charge in the sum set forth for “NSF” checks (returned to Landlord all other amounts specified by the bank due terms of this lease (including, without limitation, interest or other charges required under the terms of this Article 4, or under Article 6, Article 7, or Article 8 below), plus an additional fee of $50.00 to insufficient funds compensate Landlord for its expense and effort in connection with the dishonored check.
4.4 Tenant must, within ten (10) days after a request from Landlord (but not more than once per calendar year), deliver to Landlord such financial statements as are reasonably required by Landlord to verify the net worth of Tenant and any guarantor of Tenant’s obligations under this lease (including, without limitation, a balance sheet showing the then-current net worth of Tenant together with a profit and loss statement for the most current fiscal year of Tenant). In the event that Tenant is a subsidiary comprising only the operations conducted at the Demised Premises, Tenant must also provide such statements from the parent company or for larger business of which Tenant is a part. In the event that Tenant is an individual, the financial statement must include the operations conducted at the Demised Premises as well as all other business activities of Tenant.
4.5 If Tenant fails in two consecutive months to make rental payments within ten days after due, Landlord, in order to reduce its administrative costs, may require, by giving written notice to Tenant (and in addition to any late charge or interest accruing pursuant to Section 4.3 above, as well as any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents rights and remedies accruing pursuant to Article 22 below, or any other charges shall provision of this lease or at law), that minimum guaranteed rentals are to be paid quarterly in advance instead of monthly and that all future rental payments are to be made on or before the due date by cash, cashier’s check or money orderorder and that the delivery of Tenant’s personal or corporate check will no longer constitute a payment of rental as provided in this lease. We may, however, upon 10 days’ written notice to you, require that Any acceptance of a monthly rental payment be made in cash, or its equivalent. Monies received for rent of a personal or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall corporate check thereafter by Landlord cannot be construed as an accord a subsequent waiver of such rights.
4.7 Landlord and satisfaction Tenant agree that each provision contained in this Lease for determining any rent payments is commercially reasonable and, as to each such charge or release amount, constitutes a “method by which the charge is to be computed” for purposes of other debt, despite Tex. Prop. Code ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant §93.012, as enacted by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of House ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34▇ 2186, 77th Legislature.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Sources: Office Lease (Quality Systems Inc)
Rent. Tenant shall pay as rent to Owner without deduction or offset on (A) During the first three (3) years of the Lease, commencing on August 1th, 2017, the monthly rent shall be $1,600.00 per month. Thereafter, commencing on July 31 1th 2020 the monthly rent for the Rent of the Premises shall have a yearly increase of five percent (5%) over the prior year and there after every subsequent anniversary of the Lease on every first (1st) day of each month:
3.1. The Monthly Rent may be increased at any time based on 90 days advance written notice in accordance with June (“the provisions of the Mobilehome Residency Law and as allowed by state and local lawsRent”) . Rent for the Renewal Period, if exercised by Tenant, shall be negotiated at such time between Landlord and all other charges are due Tenant. Throughout the Initial Term and/or the Renewal Period, Tenant covenants and agrees to pay the Landlord monthly rent, payable in advance on the first day of each calendar month. Utility charges are also due by .
(B) The payment of Rent shall NOT include Tenant’s consumption of electricity, water, sewer, telephone services, internet services, “wifi”, lamps and tubs, common area cleaning and maintenance and pest control.
3.2 Provided the first day Landlord shall not be in default of each month. Billed submetered utilities reflect prior usage last recorded. If its obligations or covenants under the entire amount owed by you is not paid by 8:00 a.m. on Lease which may impair Tenant’s use and operation of the 6th day Premises, all payments of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges rent hereunder shall be paid by check or money order. We may, however, upon 10 days’ written notice to you, require that payment be made in cashadvance and upon written demand by Landlord, without deduction, abatement or its equivalent. Monies received for rent set-off, by check, ACH, wire transfer or utility payments any other method of payment acceptable by Landlord and payable to Landlord or to such other manner as may be applied designated by written notice from Landlord to the earliest outstanding sums (“first inTenant, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time periodand if applied, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence mailed to Landlord at the day after a Guest has exceeded the grace time address specified in the preceding sentence and Notice section of this Lease or to such other place as may be designated by written notice from Landlord to Tenant.
3.3 No payment by Tenant or receipt by Landlord of a lesser amount than the monthly rent and/or other charges herein stipulated shall be payable deemed to be other than on account of the earliest stipulated rent, and/or other charges unpaid nor shall any endorsement or statement on any check or letter accompanying any check or payment as rent and/or other charges be deemed and accord and satisfaction, and Landlord may accept such check or payment without prejudice to Landlord’s right to recover the balance of such rent and/or other charges or pursue any other remedy; in full for each calendar month this Lease or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34law provided.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Rent. 3.1 Tenant shall agrees to pay as rent to Owner without deduction Landlord the Annual Rent in effect from time to time by paying the Monthly Installment of Rent then in effect on or offset on before the first day of each full calendar month during the Term, except that the first full month:
3.1’s rent shall be paid upon the execution of this Lease. The Monthly Installment of Rent may be increased in effect at any time based on 90 days advance written notice in accordance with the provisions shall be one-twelfth (1/12) of the Mobilehome Residency Law and as allowed by state and local lawsAnnual Rent in effect at such time. Rent for any period during the Term which is less than a full month shall be a prorated portion of the Monthly Installment of Rent based upon the number of days in such month. Said rent shall be paid to Landlord, without deduction or offset and all other charges are due in advance without notice or demand, at the Rent Payment Address, as set forth on the first day Reference Pages, or to such other person or at such other place as Landlord may from time to time designate in writing. Unless specified in this Lease to the contrary, all amounts and sums payable by Tenant to Landlord pursuant to this Lease shall be deemed additional rent.
3.2 Tenant recognizes that late payment of each monthany rent or other sum due under this Lease will result in administrative expense to Landlord, the extent of which additional expense is extremely difficult and economically impractical to ascertain. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you Tenant therefore agrees that if rent or any other sum is not paid by 8:00 a.m. within ten (10) days after the date such payment is due and payable pursuant to this Lease on more than two (2) occasion during any calendar year, beginning with the 6th day of each month, you must pay third (3rd) such late payment and for every subsequent late payment during such calendar year a late charge specified on page 1 “SUMMARY OF PROVISIONS”shall be imposed in an amount equal to the greater of: (a) Fifty Dollars ($50.00), or (b) five percent (5%) of the unpaid rent or other payment. You must also pay us a handling The amount of the late charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money orderTenant shall be reassessed and added to Tenant’s obligation for each successive month until paid. We may, however, upon 10 days’ written notice The provisions of this Section 3.2 in no way relieve Tenant of the obligation to you, require that payment be made in cash, or its equivalent. Monies received for pay rent or utility other payments may be applied on or before the date on which they are due, nor do the terms of this Section 3.2 in any way affect Landlord’s remedies pursuant to Article 19 of this Lease in the earliest outstanding sums (“first in, first out”) despite payer’s instructions event said rent or endorsements purporting to restrict application of other payment to a specific month or time period, or purporting to extinguish all arrearage is unpaid after date due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to 3.3 Tenant by Owner during each month. (Please note: Utility rates for utilities billed to hereby acknowledges and agrees that the obligations of Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 hereunder shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee separate and independent covenants and agreements, that rent shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall continue to be payable in full for each calendar month all events and that the obligations of Tenant hereunder shall continue unaffected, unless the requirement to pay or portion thereof. This additional charge for Guests perform the same shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite have been terminated pursuant to Civil Code §798.34an express provision of this Lease. Landlord and Tenant each acknowledges and agrees that the independent nature of the obligations of Tenant hereunder represents fair, reasonable, and accepted commercial practice with respect to the type of property subject to this Lease. Such acknowledgements by Tenant are a material inducement to landlord entering into this Lease.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Sources: Lease (Ore Pharmaceuticals Inc.)
Rent. 3.1 The Tenant shall covenants and agrees to pay during the term, and as rent to Owner without deduction or offset on the first day of each month:
3.1. The Monthly otherwise herein provided, Base Rent may be increased at any time based on 90 days advance written notice in accordance with the provisions commencing as of the Mobilehome Residency Law and Rent Commencement Date pursuant to the schedule shown on Exhibit B, which shall be payable in consecutive monthly installments as allowed by state and local lawshereinafter set forth. Rent and all other charges are due Such payments shall be made promptly in advance on the first day of each month. Utility charges are also due by and every month (except that the first day installment of each month. Billed submetered utilities reflect Base Rent shall be paid upon the date hereof), during the term of this Lease, without prior usage last recorded. If the entire amount owed by you is not paid by 8:00 a.m. on the 6th day of each monthdemand and without off-set, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds abatement or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents deduction, together with such additional rent and other charges required to be paid by Tenant as are hereinafter set forth. Simultaneously with the execution of this Lease, Tenant shall make the payments described in Section 44 of this Lease and sums delivered by Tenant pursuant thereto shall be applied in accordance therewith.
3.2 Any payments and charges other than Base Rent payable by Tenant in this Lease shall be deemed additional rent which shall be due and payable at the time specified under this Lease. In the event of non-payment of additional rent, Landlord shall in addition to all other rights and remedies have all the rights and remedies provided for herein or by law in the case of non-payment of rent. Tenant's obligation for payment of unbilled Base Rent and additional rent shall survive the expiration or termination of this Lease. The term rent where used in this Lease is defined to mean Base Rent, additional rent and any other charges payable by Tenant under this Lease. Rent for any period during the term which is less than a full calendar month shall be pro-rated based upon the actual number of days in that month. Rent shall be paid in legal tender of the United States of America. Payment of rent shall be made to Landlord at its address set forth in this Lease or to such other person or address as Landlord may designate by check or money order. We may, however, upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay lateTenant.
3.23.3 Any payment by Tenant or acceptance by Landlord of a lesser amount then due from Tenant, shall be treated as a payment on account. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates Landlord's acceptance of a check for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time a lesser amount with an endorsement or statement thereon that such lesser amount constitutes payment in accordance with the rates established by these other parties and no advance notice of increases in these rates will full shall be given no effect and Landlord may accept such check without prejudice to Tenant by Ownerany other rights and remedies which Landlord may have against Tenant.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Rent. 4.01. Tenant shall pay as rent to Owner without deduction or offset on the first day of each month:
3.1. The Monthly Rent may be increased at any time based on 90 days advance written notice Landlord in accordance with the provisions lawful money of the Mobilehome Residency Law and as allowed by state and local laws. United States of America, without any setoff or deduction, unless expressly set forth in this Lease, all Base Rent and Additional Rent due for the Term (collectively referred to as “Rent”). “Additional Rent” means all other sums (exclusive of Base Rent) that Tenant is required to pay Landlord under this Lease. Tenant shall pay and be liable for all rental, sales and use taxes (but excluding income taxes), if any, imposed upon or measured by Rent. Base Rent and recurring monthly charges are of Additional Rent shall be due and payable in advance on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you is not paid by 8:00 a.m. on the 6th day of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds calendar month without notice or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”demand. All rents and other charges items of Rent shall be paid due and payable by check Tenant on or money orderbefore 30 days after billing by Landlord. We may, however, upon 10 days’ written notice to you, require that payment All payments of Rent shall be made by electronic money transfer in cash, accordance with Landlord’s written instructions regarding the same or its equivalent. Monies received for rent by such other means or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application method of payment as Landlord may direct in writing. Unless otherwise notified in writing by Landlord, all payments of Rent shall be made by ACH transfer to a specific month or time periodLandlord in accordance with the following: Bank: PNC Bank, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite Bank Address: ▇▇▇ ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇, Account Name: Equity Commonwealth, ABA Routing #: ▇▇▇▇▇▇▇▇▇, Account#: 8026300702, Reference: CBRE 604274. If Tenant does not pay any Rent when due hereunder, Tenant shall pay Landlord an administration fee in the amount of five percent (5%) of the past due Rent, provided that Tenant shall be entitled to a grace period of up to 5 days for the first 4 late payments of Rent in a calendar year. In addition, past due Rent shall accrue interest at a rate (the “Interest Rate”) per annum equal to the lesser of (i) the maximum legal rate permitted by applicable Laws, and (ii) 4 percentage points above the rate of interest then most recently publicly announced by a federally insured bank selected by Landlord as its “prime rate” or “base rate” (the “Prime Rate”) until paid in full, including after the entry of any judgment. If accrual or payment of interest at the Interest Rate should be unlawful, then the Interest Rate shall be the maximum legal rate. Tenant shall pay Landlord a reasonable fee for any checks returned by Tenant’s immediate family as defined by bank for any reason. Landlord’s acceptance of less than the Mobilehome Residency Law correct amount of Rent shall be considered a payment on account of the oldest obligation due from Tenant hereunder, then to any current Rent then due hereunder, notwithstanding any statement to the contrary contained on or if accompanying any such payment from Tenant and acceptance of any such partial payment shall not be deemed a waiver of Landlord’s right to the person occupies full amount due. Rent for any partial month during the homesite pursuant Term shall be prorated based on the number of days in such month. No endorsement or statement on a check or letter accompanying payment shall be considered an accord and satisfaction. Tenant’s covenant to Civil Code §798.34pay Rent is independent of every other covenant in this Lease.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Sources: Office Lease Agreement (Baxalta Inc)
Rent. Tenant shall The tenant will pay as the landlord a monthly rent to Owner without deduction or offset of - for the duration. The rent will be payable in advance and due on the first day of each month:
3.1month for the duration. The Monthly first rent payment is payable to the landlord when the tenant signs this agreement. The rent for any period during the period that is less than one month will be a pro rata part of the monthly payment. Rent will be paid to the landlord at the landlord's address provided below (or at other locations directed by the landlord) by mail or in person by one of the following methods: and will be payable in U.S. dollars. Warranty. Located in the 'o'e-guarantor' promises to guarantee the landlord unconditionally, Full payment and performance by the tenant of all financial obligations arising from this agreement. The guarantor undertakes to meet his obligations with the tenant for the financial obligations and obligations of the tenant under this agreement, including rent, damages, costs and costs. The guarantor further agrees that this guarantee will remain in force and that it will be binding on the guarantor until the end of this agreement. Late fees. The rent paid after the day - each month will be considered late; and if the rent is not paid within days of that due date, the tenant agrees to pay a late fee of the extra rent. There may be increased at any time based cases under this agreement where the tenant may be required to pay additional fees to the landlord. All of these fees are considered additional rent under this agreement and will be paid with the next regular rent payment. The landlord has the same rights and the tenant has the same obligations with respect to the additional rent as with the rent. Utilities. The tenant is responsible for the payment of all utilities and other services for the premises. Deposit. When this agreement is signed, the tenant will pay a security deposit of $1.00 to the landlord. The security deposit will be retained by the landlord as a guarantee for the tenant's performance of its obligations under this agreement. The security deposit cannot be used or deducted by the tenant since the last month's rent of the clause. The tenant will be entitled to a full refund of the security deposit if the tenant returns ownership of the premises to the landlord on 90 the same condition as the accepted regular wear and tear. In the days advance written notice that apply to the termination of this agreement, the landlord will return the security deposit to the tenant (minus the applied by the landlord in accordance with the provisions this section). Any reason to keep part of the Mobilehome Residency Law security deposit will be explained in writing. The security deposit will not carry interest when held by the landlord in accordance with applicable state laws and/or local ordinances. The owner's failure to give possession. In the event that the landlord is to give the tenant possession of the premises on the start date of term, the landlord will not be subject to liability for such an omission, the validity of this agreement will not be affected and as allowed the duration will not be extended. The tenant will not be responsible for the rent until the landlord has given possession of the premises to the tenant. Holding rental. Unless this agreement has been extended by state a mutual written agreement of the parties, there will be no deference in the course of the clause beyond the terms of this agreement. If it becomes necessary to take legal action to remove the tenant from the premises, the existing party will be entitled to legal fees and local lawsfees in addition to damages. Rent Use of premises. The premises will only be occupied by the immediate family of the tenant and tenant and used only for residential purposes. The tenant will not engage in any wrongdoing, including behaviour that will make the premises less able to live, cause dangerous, dangerous or unsanitary conditions, or interfere with the rights of others to enjoy their property. The tenant will be responsible for any damage to the premises and any damage or loss of their contents that is caused by the guests or guests of the tenant or tenant. State of play. The Tenant has reviewed the premises, including appliances, appliances and furniture, and recognizes that they are in good condition and repair, except normal wear and accepts them in its current condition. Maintenance and repairs. The tenant will maintain the premises, including the grounds and all appliances, accessories and furniture, in good condition and in good condition. The tenant will not remove appliances, appliances or furniture from the landlord for any purpose. If repairs other charges than general maintenance are due in advance on required, the first day tenant will notify the landlord for such repairs. In the event of each month. Utility charges are also due a default by the first day tenant, the tenant will reimburse the landlord for the cost of each monthrepairs or replacement. Billed submetered utilities reflect prior usage last recordedReasonable accommodations. The landlord agrees to comply with all applicable laws that provide equal housing opportunities, including the ability to accommodate reasonable physical or mental limitations known to eligible persons with disabilities, unless this results in undue hardship. The tenant is responsible for making the landlord aware of all these required accommodations that are reasonable and will not impose undue hardship. If the entire amount owed by you tenant discloses a disability and requests accommodation, the landlord has the right to ask a qualified health care provider to verify the disability if the disability is not paid by 8:00 a.m. on obvious, and the 6th day of each month, you must pay landlord has the right to use the caregiver qualified health to verify disability as a late charge specified on page 1 “SUMMARY OF PROVISIONS”resource to provide reasonable accommodation. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”Sex Offender Registry. All rents and other charges shall be paid by check or money order. We may, however, upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in In accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.law, information about
Appears in 1 contract
Sources: Lease Agreement
Rent. In consideration of this lease, Tenant shall promises and agrees to pay as rent to Owner landlord the Basic Rental without deduction or offset setoff except as herein provided for each month of the entire Lease Term. Rent due for the period beginning 12/15/94 11/30/95 shall be payable by Tenant to Landlord one half upon lease execution and one half upon commencement of the Lease Term. See also Section 40.1. and a monthly installment as outlined in Section 1(e) shall be due and payable without demand beginning on the first day of each month:
3.1. The Monthly Rent may be increased at any time based on 90 days advance written notice in accordance with the provisions calendar month following the expiration of the Mobilehome Residency Law first full calendar month of the Lease Term and as allowed by state and local laws. Rent and all other charges are due in advance continuing thereafter on or before the first day of each monthsucceeding calendar month during the term hereof. Utility charges are also due by Rent for any fractional month at the first beginning of the Lease Term shall be prorated based on one three hundred sixtieth (1/360) of the current annual basic rent for each day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you partial month this lease is not paid by 8:00 a.m. on the 6th day of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money order. We may, however, upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence effect and shall be due and payable upon written notice from Landlord to Tenant. In the event any installment of the Basic Rental, or any other sums which become owning by Tenant to Landlord under the provisions hereof are not received within five (5) days after the due date thereof (without in full for each calendar month any way implying Landlord's consent to such late payment). Tenant, to the extent permitted by law, agrees to pay, in addition to said installment of the basic rental or portion thereofsuch other sums owed, a late payment charge equal to ten percent (10%) of the installment of the Basic Rental or such other sums owed. This additional charge for Guests Notwithstanding the foregoing, the foregoing late charges shall not however apply if to any sums which may have been advanced by Landlord to or for the Guest is a member benefit of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite Tenant pursuant to Civil Code §798.34the provisions of this lease, it being understood that such sums shall bear interest, which Tenant hereby agrees to pay to Landlord, at the maximum rate of interest permitted by law to be charged Tenant for the use or forbearance of such money.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Rent. 3.1 Tenant shall agrees to pay as rent to Owner without deduction Landlord the Annual Rent in effect from time to time by paying the Monthly Installment of Rent then in effect on or offset on before the first day of each full calendar month during the Term, except that the first month:
3.1's rent shall be paid upon the execution of this Lease. The Monthly Installment of Rent may be increased in effect at any time based on 90 days advance written notice in accordance with the provisions shall be one-twelfth of the Mobilehome Residency Law and as allowed by state and local lawsAnnual Rent in effect at such time. Rent and all other charges are due in advance on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you is not paid by 8:00 a.m. on the 6th day of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason period during the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges Term which is less than a full month shall be paid by check or money order. We may, however, a prorated portion of the Monthly Installment of Rent based upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) day month. Said rent shall be paid to Landlord, without deduction or offset and without notice or demand, at the Landlord's address, as set forth on the Reference Page, or to such other person or at such other place as Landlord may from time to time designate in writing
3.2 Tenant recognizes that late payment of any rent or other sum due under this Lease will result in | administrative expense to Landlord, the extent of which additional expense is extremely difficult and economically impractical to ascertain. Tenant therefore agrees that if rent or any other sum is not paid three (3) days after it becomes due and payable pursuant to this Lease, a late charge shall be imposed in an amount equal to the greater of:
(a) Fifty Dollars (S50.00), or (b) a sum equal to five percent (5%) per month of the unpaid rent or other payment. The amount of the late charge to be paid by Tenant shall be reassessed and added to Tenant's obligation for each successive monthly period until paid. The provisions of this Section 3.2 in no way relieve Tenant of the obligation to pay rent or other payments on or before the date on which they are due, nor do the terms of this Section 3.2 in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified way affect Landlord's remedies pursuant to Article 19 in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission event said rent or other governmental agencies may be increased upon ninety (90) days noticepayment is unpaid after date due.
Appears in 1 contract
Rent. 3.1 Tenant shall agrees to pay as rent to Owner without deduction Landlord the Annual Rent in effect from time to time by paying the Monthly Installment of Rent then in effect on or offset on before the first day of each full calendar month during the Term, except that the first full month:
3.1’s rent shall be paid upon the execution of this Lease. The Monthly Installment of Rent may be increased in effect at any time shall be one-twelfth (1/12) of the Annual Rent in effect at such time. Rent for any period during the Term which is less than a full month shall be a prorated portion of the Monthly Installment of Rent based upon the number of days in such month. Said rent shall be paid to Landlord, without deduction or offset and without notice or demand, except as expressly provided herein, at the Rent Payment Address, as set forth on 90 the Reference Pages, or to such other person or at such other place as Landlord may from time to time designate in writing. If an Event of Default occurs, Landlord may require by notice to Tenant that all subsequent rent payments be made by an automatic payment from Tenant’s bank account to Landlord’s account, without cost to Landlord. Tenant must implement such automatic payment system prior to the next scheduled rent payment or within ten (10) days advance after Landlord’s notice, whichever is later. Unless specified in this Lease to the contrary, all amounts and sums payable by Tenant to Landlord pursuant to this Lease shall be deemed additional rent.
3.2 Tenant recognizes that late payment of any rent or other sum due under this Lease will result in administrative expense to Landlord, the extent of which additional expense is extremely difficult and economically impractical to ascertain. Tenant therefore agrees that if rent or any other sum is not paid when due and payable pursuant to this Lease, a late charge shall be imposed in an amount equal to the greater of: (a) Fifty Dollars ($50.00), or (b) six percent (6%) of the unpaid rent or other payment; provided, however, that the foregoing late charge shall not apply to the first such late payment in any twelve (12) month period of the Term of this Lease or any extension thereto until following written notice to Tenant and the expiration of five (5) days thereafter without cure. The amount of the late charge to be paid by Tenant shall be reassessed and added to Tenant’s obligation for each successive month until paid. The provisions of this Section 3.2 in accordance no way relieve Tenant of the obligation to pay rent or other payments on or before the date on which they are due, nor do the terms of this Section 3.2 in any way affect Landlord’s remedies pursuant to Article 19 of this Lease in the event said rent or other payment is unpaid after date due.
3.3 Notwithstanding anything in this Lease to the contrary, so long as Tenant is not in default under this Lease, Tenant shall be entitled to an abatement of Monthly Installment of Rent with respect to the Premises, as originally described in this Lease, in the amount of $101,138.40 (the “Abated Monthly Installment of Rent”) for the first three (3) full calendar months of the Term (the “Abated Rent Period”). If Tenant defaults under this Lease at any time during the Abated Rent Period and fails to cure such default within any applicable cure period under this Lease, then all Abated Monthly Installment of Rent shall immediately become due and payable. Only Monthly Installment of Rent shall be abated pursuant to this Section, as more particularly described herein, and Tenant’s Proportionate Share of Expenses and Taxes all other rent and other costs and charges specified in this Lease shall remain as due and payable pursuant to the provisions of the Mobilehome Residency Law and as allowed by state and local laws. Rent and all other charges are due in advance on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you is not paid by 8:00 a.m. on the 6th day of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money order. We may, however, upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay latethis Lease.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Rent. Section 4.1 Tenant shall pay to Landlord, without notice, demand, offset or deduction, except as rent expressly provided herein, in lawful money of the United States of America, at Landlord's Address for Payment, or at such other place as Landlord shall designate in writing from time to Owner without deduction or offset time: (a) the Base Rent and the Additional Rent in equal monthly installments, in advance, on the first day of each month:
3.1. The Monthly Rent may be increased at any time based on 90 days advance written notice in accordance with calendar month during the provisions Lease Term, except that the first monthly installment of the Mobilehome Residency Law and as allowed by state and local laws. Base Rent and all other charges are due Additional Rent shall be paid in advance on the date of Tenant's execution of this Lease and applied to the first day installments of each monthBase Rent and such Additional Rent coming due under this Lease. Utility charges are also due by If either the Commencement Date or the Expiration Date falls on a date other than the first day of each a calendar month. Billed submetered utilities reflect prior usage last recorded. , the Rent due for such fractional month shall be prorated on a per diem basis between Landlord and Tenant so as to charge Tenant only for the portion of such fractional month falling within the Lease Term.
Section 4.2 If the entire amount owed by you any Rent is not paid to and received by 8:00 a.m. on Landlord within five (5) days after the 6th day of each monthdate it is due, you must and such late payment occurs more than once in any twelve (12) month period, Tenant shall pay to Landlord a late charge specified on page 1 “SUMMARY OF PROVISIONS”equal to four (4%) percent of the amount of the late payment or $100.00, whichever is more, in order to cover the agreed administrative expense and inconvenience to Landlord of processing and dealing with late payments. You must also pay us This late payment shall apply to the second and all subsequent late payments in any twelve (12) month period. In addition all delinquent payments of Rent shall bear interest until paid at a handling charge in rate per annum (the sum set forth for “NSF” checks "Interest Rate") equal to the greater of: (returned i) twelve percent (12%), (ii) two percent (2%) above the prime rate of interest from time to time publicly announced by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money order. We maySunTrust Bank, howeverAtlanta, upon 10 days’ written notice to you, require that payment be made in cashGeorgia, or its equivalent. Monies received for rent any successor thereof, provided that if either Section 4.2(i) or utility payments may be applied to the earliest outstanding sums (“first in, first out”ii) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased both is at any time in accordance with greater than the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to maximum rate permitted under applicable law, the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 Interest Rate shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34maximum rate permitted under applicable law.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Sources: Lease Agreement (Teamstaff Inc)
Rent. Tenant shall covenants and agrees to pay unto Landlord the base net rentals in accordance with Exhibit C attached hereto and made a part hereof commencing as rent to Owner without deduction or offset of the date hereof and on the first day of each month:
3.1. The Monthly Rent may be increased at any time based on 90 days advance written notice and every month hereafter, in advance, through the entire term of this Lease, together with such increase of said annual and monthly fixed net rent, in accordance with the provisions of the Mobilehome Residency Law and this Lease as allowed by state and local laws. Rent and all other charges are due in advance on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recordedhereinafter provided. If Landlord so requires, Tenant shall make all or part of the entire amount owed by you is not paid by 8:00 a.m. on the 6th day of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due rental payments directly to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”Landlord's lender provided Tenant receives written notice from Landlord directing Tenant to make such payments to lender. All rents and other charges shall be paid by check or money order. We may, however, upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding (including all sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed payable as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time rent in accordance with the rates established preceding paragraph and as hereinafter provided) shall be construed in every instance as an absolute net rent payable by these Tenant to Landlord. This Lease is an absolute net lease, and the annual rent and all other sums payable hereunder to or on behalf of Landlord shall be paid without notice or demand and without setoff, counterclaim, abatement, suspension, deduction, or defense. It is the express intent of the parties hereto that the annual rent provided to be paid by Tenant to Landlord under the terms of Article 3 hereof shall be an absolute net rent payable to Landlord and no advance notice of increases in these rates will be given to that Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored shall, in any available recreational vehicle storage are subject or all events and at its sole cost and expense and in addition to the fees said monthly rental, pay any and all other items of expense in connection with the Premises of whatever nature, including but not limited to all taxes and assessments imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated any governmental authority on the monthly billing.
3.4Premises, the building now or hereafter existing thereon or attached thereto, the contents thereof, and the use thereof, together with the procurement and maintenance by Tenant of the insurance hereinafter specified. The Guest charge listed on page 1 This Lease shall always be construed in order to effectuate the foregoing declared intent of the parties hereto. If Tenant or Landlord shall so require, Landlord and Tenant shall enter into a memorandum of lease, which shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified recorded in the preceding sentence appropriate land records in order to document the terms and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34conditions hereof.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Sources: Lease Agreement (Mony Group Inc)
Rent. Tenant shall pay as rent to Owner without deduction or offset on the first day of each month:
3.1. The Monthly Rent may be increased at any time based on 90 days advance written notice in accordance with rent ("Rent") payable during the provisions Term under this Lease shall consist of the Mobilehome Residency Law and following:
(a) the Base Rent, as allowed by state and local laws. Rent defined in Schedule C hereto.
(b) additional rent ("Additional Rent") in an amount equal to any and all other charges are due sums payable by Lessee to Lessor under this Lease.
3.2. Except as otherwise specifically provided in this Lease (a) all payments of Base Rent shall be in equal monthly installments and shall be made in advance on the first (1st) day of each month. Utility charges are also due month during the Term, without notice (provided that if the amount of Base Rent is required to be calculated by Lessor in accordance with Schedule C hereof, then Lessor shall give Lessee prior written notice of such calculation, which notice shall include an explanation of the first day basis for such calculation and reasonable backup documentation relating thereto), and (b) all payments of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you is not paid by 8:00 a.m. on the 6th day of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges Additional Rent shall be paid made within 30 days after written notice from Lessor, in each case by check or money order. We may, however, upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied payable to the earliest outstanding sums (“first inorder of "UNISYS CORPORATION" and addressed to Unisys Corporation, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time periodP.O. Box ▇▇▇, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇ ▇▇▇▇, ▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ennsylvania 19424-0▇▇▇, ▇▇▇▇▇▇’s immediate family ▇▇▇: ▇▇sb▇▇▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ ▇▇▇▇., or to such other person or at such other place as defined Lessor may from time to time designate in writing.
3.3. Lessee shall pay all Rent when due, in lawful money of the United States which shall be legal tender for the payment of all debts, public and private, at the time of payment. All sums due and payable by the Mobilehome Residency Law Lessor or if the person occupies the homesite Lessee pursuant to Civil Code §798.34the terms of this Lease that are not paid within five (5) days of the due date therefor shall from and after the due date bear interest at an annual percentage rate of ten percent (10%). All interest accrued and payable by Lessee under this subsection as hereinabove provided shall be deemed to be Additional Rent payable hereunder and due at such time or times as the rent with respect to which such interest shall have accrued shall be payable under this Lease.
3.4. Lessee agrees to pay, an Additional Rent, any revenue tax or charge, occupancy tax, business privilege tax, business use tax or any other tax that may be levied against the Demised Premises or Lessee's use or occupancy thereof during the Term; provided, however, that in no event shall Lessee be obligated to pay any income tax that is imposed upon and/or payable by Lessor, and provided further that payments made by Lessee pursuant to this Section 3.4 shall not be duplicative of amounts paid by Lessee pursuant to any other provision of this Lease.
3.5. Guest In the event that Lessee shall dispute any calculation of Rent charged to Lessee by Lessor, then Lessee shall send to Lessor a written notice, within 30 days of receipt by Lessee of such charge, setting forth the basis for Lessee's dispute. Lessor and Lessee shall thereupon use reasonable and good faith efforts to resolve such dispute. If the parties are unable to resolve such dispute within 30 days after submission by Lessee of its dispute notice, then the parties shall designate an independent certified public accountant mutually acceptable to both parties (the "Independent Accountant") to resolve such dispute and the fees and charges for vehicle storage and utilities not regulated of the Independent Accountant shall be shared equally by the Public Utilities Commission or parties. Both parties shall provide the Independent Accountant with all information reasonably requested by the Independent Accountant in connection with its review of such dispute, and both parties shall request that the Independent Accountant complete its work expeditiously and issue a written report to both parties setting forth its determination. The written determination of the Independent Accountant shall be final and shall be binding upon both Lessor and Lessee. All disputes to be resolved pursuant to this Section 3.5 shall be so resolved in accordance with the principles and standards set forth in Section 3.6 below.
3.6. All calculations by Lessor of Base Rent, Additional Rent and any other governmental agencies may amounts that are payable by Lessee hereunder shall be increased upon ninety made in accordance with Lessor's past practices during calendar year 1994 with respect to Defense Systems, and all charges and allocations relating to the Demised Premises and all accounting practices utilized by Lessor with respect to amounts charged to Lessee under this Lease (90including the capitalization, amortization and expensing of costs incurred and funds expended) days noticeshall also be made in such manner.
Appears in 1 contract
Sources: Assignment and Assumption of Lease (L 3 Communications Corp)
Rent. 3.1 Tenant shall agrees to pay as rent to Owner without deduction Landlord the Annual Rent in effect from time to time by paying the Monthly Installment of Rent then in effect on or offset on before the first day of each full calendar month during the Term, except that the first full month:
3.1’s rent shall be paid upon the Commencement Date of this Lease . The Monthly Installment of Rent may be increased in effect at any time based on 90 days advance written notice in accordance with the provisions shall be one-twelfth (1/12) of the Mobilehome Residency Law and as allowed by state and local lawsAnnual Rent in effect at such time. Rent for any period during the Term which is less than a full month shall be a prorated portion of the Monthly Installment of Rent based upon the number of days in such month. Said rent shall be paid to Landlord, without deduction or offset and all other charges are due in advance without notice or demand, at the Rent Payment Address, as set forth on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recordedReference Pages, or to such other person or at such other place as Landlord may from time to time designate in writing. If an Event of Default occurs, Landlord may require by notice to Tenant that all subsequent rent payments be made by an automatic payment from Tenant’s bank account to Landlord’s account, without cost to Landlord. Tenant must implement such automatic payment system prior to the entire amount owed next scheduled rent payment or within ten (10) days after Landlord’s notice, whichever is later. Unless specified in this Lease to the contrary, all amounts and sums payable by you Tenant to Landlord pursuant to this Lease shall be deemed additional rent.
3.2 Tenant recognizes that late payment of any rent or other sum due under this Lease will result in administrative expense to Landlord, the extent of which additional expense is extremely difficult and economically impractical to ascertain. Tenant therefore agrees that if rent or any other sum is not paid by 8:00 a.m. on the 6th day of each monthwhen due and payable pursuant to this Lease, you must pay a late charge specified shall be imposed in an amount equal to the greater of: (a) Fifty Dollars ($50.00), or (b) six percent (6%) of the unpaid rent or other payment. The provisions of this Section 3.2 in no way relieve Tenant of the obligation to pay rent or other payments on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge or before the date on which they are due, nor do the terms of this Section 3.2 in any way affect Landlord’s remedies pursuant to Article 19 of this Lease in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money order. We may, however, upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for event said rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of other payment to a specific month or time period, or purporting to extinguish all arrearage is unpaid after date due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Sources: Lease (Tripwire Inc)
Rent. Tenant shall The tenant will pay as the Landlord a monthly rent to Owner without deduction or offset for the term. The rent will be paid in advance and must be paid on the first day of each month:
3.1month during the term. The Monthly first rent payment is paid to the landlord when the Tenant signs the agreement. Rent for any period during the term less than one month will be a pro rata part of the monthly fee. The rent will be paid to the landlord at the landlord's address in this (or in other places as indicated by the landlord) by mail or in person one of the following methods: and will be paid in U.S. dollars. Guarantee. Located at: q, q, q (Garant) promises to guarantee the Landlord the full payment and fulfillment of all financial obligations and obligations arising from this Agreement. The Guarantor agrees to a joint and multiple obligations with the Tenant for the tenant's financial obligations and obligations under the Agreement, including rent, loss, fees and expenses. The Guarantee further agrees that the guarantee must remain fully valid and enforceable for the Guarantee until the Agreement is terminated. Late collection. Rents paid after the day of each month will be considered late; and if the rent is not paid within a few days of that period, the Tenant agrees to pay a late fee in the th. Additional rent. There may be increased cases under this agreement where the tenant may be required to pay additional costs to the landlord. All such fees are considered additional rent under this Agreement and will be paid with the next regular rent. The landlord has the same rights and the tenant has the same obligations regarding the additional rent as they do with the rent. Utilities. The tenant is responsible for paying for all utilities and other services for premises. Deposit. After the signing of this Agreement, the Tenant will pay the landlord a deposit of 1 euro. The deposit will be retained by the landlord as collateral for the tenant to fulfil its obligations under the Agreement. The deposit cannot be used or deducted by the tenant as the lease in last month Term.Tenant will be entitled to full collateral reimbursement if the tenant returns ownership of the Landlord in the same condition as customary wear is excluded. Within a few days of the termination of this Agreement, the Landlord returns the deposit to the Tenant (minus any amount applied by the Landlord under this section). Any reason for retaining part of the pledge will be explained in writing. The deposit will not incur interest from the Landlord in accordance with applicable state and/or local regulations. The landlord's inability to give possession. If the Landlord is unable to grant ownership of the Premises to the tenant at the start of the term, the landlord will not be liable for any liability for such a failure, the validity of the Agreement will not be affected and the term will not be extended. The tenant will not be liable for the lease until the landlord gives ownership of the Premises to the tenant. Rent a holdover. If this Agreement is not renewed mutual written consent of the Parties, the Parties, the terms of this Agreement under all circumstances. If, if necessary, a lawsuit is initiated to remove the Tenant from the Premises, the prevailing Party will be entitled to attorney's fees and expenses in addition to the damages. Use Of The Premise. The premises will be occupied only by the next of kin of the tenant and the tenant and will be used only for residential purposes. The tenant will not engage in any undesirable behaviour, including behaviour that will make premises less livable, lead to dangerous, dangerous or unsanitary conditions, or will interfere with the rights of others to enjoy their property. The tenant is liable for any damage caused by the Premises and any damage or loss of its contents, which is done by the tenant or the tenant's guests or invited. The State of The Prerequisites. The tenant has studied the premises, including appliances, fixtures and furniture, and admits that they are in good condition and repair, normal wear is excluded and takes them to its current condition. Maintenance and repairs. The tenant will maintain the Premises, including the grounds and all appliances, fixtures and furniture, in clean, sanitary and good condition and repair. The tenant will not remove household appliances, fixtures or landlord furniture from the Premises for any purpose. If repairs are required, in addition to general maintenance, the Tenant will notify the landlord of such repairs. If the tenant fails to meet the obligations, the Tenant will reimburse the landlord for the cost of any repair or replacement. Reasonable accommodation. The landlord agrees to comply with all applicable laws that ensure equal housing opportunities, including the provision of reasonable housing for known physical or mental disabilities of qualified persons with disabilities, unless undue difficulties are brought. The tenant is responsible for making sure that the landlord is aware of any such necessary premises that are reasonable and will not impose undue hardship. If the tenant discloses a disability and asks for housing, the Landlord has the right to have a qualified health care provider to check for disability if the disability is not obvious, and the landlord is entitled to use a qualified provider of disability screening services as a resource to provide reasonable housing. Sex offenders registry. In accordance with the law, information on specific registered sex offenders is available to the public. The tenant understands and agrees that the Tenant is fully responsible for obtaining any information contained in the state or national sex offender registry for the area surrounding premises that may be obtained online or by the local sheriff's department or other relevant law enforcement. Depending on the offender's criminal history, this information will include either the address at which the offender resides or the code in which he or she lives. Match. The tenant agrees to comply with all applicable laws, regulations, requirements and regulations of any federal, state, district, municipal or other authority. Mechanic Lien. The tenant understands and agrees that the Tenant and any person acting on behalf of the Tenant are not entitled to apply for the mechanic's liens or any other type of collateral on premises. The tenant agrees to give an actual advance notice to any contractors, subcontractors or suppliers of goods, labour or services that such collateral is invalid. The tenant also agrees to take additional measures to ensure that the premises are free of any collateral that may result from the construction completed by the tenant or for him. Subordination. As for the Preconditions, this Agreement is subject to any mortgage that currently exists, or may be granted later by the Landlord. Changes. The tenant will not make any changes, additions or improvements to the premises without first obtaining the landlord's written consent. Any changes, additions or improvements to the Premises are not payment to the tenant and will become the landlord's property immediately upon completion and will remain on premises if the landlord does not request or permit removal, in which case the tenant will return this part of the premises in the same condition as existed before the change, addition or improvement. The tenant will not change existing locks or install any additional locks on the Premises without first obtaining the landlord's written consent and without providing the Landlord with a copy of all the keys. Smoking. Smoking of any kind is strictly prohibited on either side of the Premises. This prohibition applies to the Tenant and any visitor, guest or other tenant in the Premises. Pets. The tenant is not allowed to have or keep any pets, even temporarily, on any part of the Premises. The unauthorized presence of any pet will subject the Tenant to fines, damages, deductions and/or termination of this Agreement. Properly trained service animals that provide assistance to the disabled may be allowed in the Premises with the landlord's prior written consent, which should not be unreasonably withheld. The tenant will be liable for the costs of de-fleas, deodorization and/or shampoo all or any part of the Premises if the pet has been on premises at any time based during the term (whether with or without the landlord's written consent). Fire and accidents. If premises are damaged by a fire or other serious disaster or accident and Premises becomes uninhabitable as a result, the Tenant can immediately vacate the Premises and terminate it on 90 days advance written notice in accordance with the provisions landlord's notice. The tenant will be responsible for any unpaid rent or will receive a prepayment of rent until the day of the Mobilehome Residency Law and as allowed by state and local laws. Rent and all other charges are due in advance on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recordedfire, natural disaster or accident. If the entire premises are damaged and inhabited, the landlord can make a complete renovation and will do so a quick and reasonable amount owed by you of time. At the landlord's discretion, the rent may be reduced during the renovation. Responsibility. The landlord is not paid by 8:00 a.m. liable or liable for any loss, claim, damage or expense resulting from any accident, injury or injury of any person or property occurring anywhere on the 6th day of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned Premises if resulting from negligence or wilful misconduct by the bank landlord. Tenant's insurance. The tenant is required to receive, and maintain at all times during the term, the tenant's insurance policy with a minimum of $100,000.00 personal liability coverage. The tenant will name the Landlord as the interested party or additional insured person. The tenant will provide the landlord with a certificate or proof of insurance on request. Appointment and subletting. The tenant will not assign this Agreement to any part or all of the Premises or to make or permit any full or partial subletting or other transfer of any part or all premises. Insurance requirements. The tenant will not do or be allowed to do any actions or things that will increase the insurance risk under any insurance policy covering premises. If the premium for such an insurance policy is increased due to insufficient funds a breach of the Tenant's obligations under the Agreement, the Tenant will pay an additional premium as an additional rent under the Agreement. The right of entry. The landlord or for his agents may enter the Premises within a reasonable time to inspect the Premises to make any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check changes, improvements or money order. We may, however, upon 10 days’ written notice to you, require that payment be made in cash, repairs or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment show premises to a specific month potential tenant, buyer or time periodlender. In the event of an emergency, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by landlord can enter the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased premises at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Ownertime.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Sources: Tenancy Agreement
Rent. Section 3.01 Tenant shall pay to Landlord, from and after the Commencement Date and thereafter throughout the Lease Term, the sums set forth in this Lease as rent "Rent" without prior demand therefor and without offset, deduction, or abatement except as may be otherwise expressly provided herein. Notwithstanding the foregoing, any amounts due by Tenant to Owner without deduction or offset on Landlord hereunder for which no due date is expressly specified herein (e.g., the first day of each month:
3.1. The Monthly Rent may ) shall be increased at any time based on 90 due within ten (10) days advance following the giving to Tenant by Landlord of written notice of such amounts due, except if some other period of time following written notice or demand is otherwise expressly provided below, then such other period shall apply. As used herein, “Rent” shall be deemed to include not only Fixed Rent but also all additional sums payable or owed by Tenant under this Lease, including without limitation as set forth in accordance with Section 3.07 ("Additional Rent”). Except as otherwise expressly provided herein, in the provisions event of nonpayment by Tenant of any Rent, Landlord shall have the same rights and remedies in respect thereof regardless of whether such Rent constitutes Fixed Rent or Additional Rent. All payments of Rent to be paid to Landlord shall be paid to Landlord (at its election) in one of the Mobilehome Residency Law following manners: (1) via electronic deposit into an account designated by Landlord, (2) by mail at the Landlord's office indicated in Article XIX or (3) by mail to any other place designated by Landlord upon at least thirty (30) days' prior written notice to Tenant. If the Effective Date (and as allowed by state and local laws. Rent and all other charges are due in advance on the Commencement Date) shall not be the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you is not paid by 8:00 a.m. on the 6th day of each a calendar month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in then the sum set forth rent for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges such month shall be paid by check or money order. We may, however, prorated based upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums a Three Hundred Sixty-Five (“first in, first out”365) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay lateday year.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by OwnerSection 3.02 Intentionally left blank.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Sources: Land and Building Lease (Shells Seafood Restaurants Inc)
Rent. Tenant Lessee shall make the following rental payments to Lessor:
(a) Lessee covenants and agrees to pay Lessor as rent to Owner without deduction or offset on hereunder for the first day of each monthDemised Premises during the Initial Term a monthly rent as follows:
3.1. (b) The Monthly Rent aforesaid rent amount is inclusive of an estimated expense for utilities, taxes, insurance and janitorial services and may be increased at any time based on 90 days advance written notice adjusted annually as provided in accordance with the provisions of the Mobilehome Residency Law and as allowed by state and local laws. Section 3.01.
(c) Rent and all other charges are is due in advance on the first day of each month. Utility charges are also due Rents received after the tenth (10th) day of any month will include a $25 late fee. Rent not received by the first last day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you is not paid by 8:00 a.m. on the 6th day of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due month will be cause to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”void this Lease Agreement. All rents and other charges shall be paid by check or money order. We may, however, upon 10 days’ written notice to you, require that payment be made in cashLessor without demand and without set-off at the offices of Pellissippi Pointe LLC, or its equivalent. Monies received for rent or utility payments at such other address as Lessor may be applied from time to time designate to Lessee by notice in the earliest outstanding sums manner hereinafter provided.
(“first in, first out”d) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord Lessee covenants and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option agrees to pay late.Lessor as rent hereunder for the Demised Premises during the Option Terms as monthly rent an amount as follows:
3.2(1) Each year of the initial term and each year of the subsequent Option Period the rent shall be adjusted by the amount of the change in the Consumer Price Index (CPI) cost of living as reported by the Federal Government with a maximum of 2.5% per year. All utility charges billed taxes, charges, costs and expenses which Lessee is required to Tenant pay pursuant to Section 3.01 or other sections hereof, together with all interest and penalties that may accrue thereon in the event of Lessee's failure to pay such amounts, and all damages, costs and expenses which Lessor may incur by Owner during each month. (Please note: Utility rates for utilities billed reason of any default of Lessee or failure on Lessee's part to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance comply with the rates established by these other parties and no advance notice terms of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 this Lease, shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty deemed to be additional rent hereunder (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence hereinafter called the day after a Guest has exceeded the grace time specified "Additional Rent"), and, in the preceding sentence event of nonpayment by Lessee, Lessor shall have all the rights and shall be payable in full remedies with respect thereto as Lessor has for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member nonpayment of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34above specified monthly rental.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Rent. 7.1. Tenant shall pay to Landlord as rent to Owner without deduction or offset Base Rent for the Premises, commencing on the first day of Term Commencement Date, the sums set forth in Section 2.3. Base Rent shall be paid in equal monthly installments as set forth in Section 2.3, each month:
3.1. The Monthly Rent may be increased at any time based on 90 days advance written notice in accordance with the provisions of the Mobilehome Residency Law and as allowed by state and local laws. Rent and all other charges are due in advance on the first day of each monthand every calendar month during the Term.
7.2. Utility charges In addition to Base Rent, Tenant shall pay to Landlord as additional rent (“Additional Rent”) at times hereinafter specified in this Lease (a) Tenant’s Pro Rata Share of Building, South Campus or Project (as applicable) of any increases in (i) Real Estate Taxes (as defined below) over Real Estate Taxes for the 2015 calendar year (the “Base Year”) and (ii) Operating Expenses (as defined below) over Operating Expenses for the Base Year, (b) the Property Management Fee (as defined below) and (c) any other amounts that Tenant assumes or agrees to pay under the provisions of this Lease that are also owed to Landlord, including any and all other sums that may become due by reason of any default of Tenant or failure on Tenant’s part to comply with the agreements, terms, covenants and conditions of this Lease to be performed by Tenant, after notice and the lapse of any applicable cure periods.
7.3. Base Rent and Additional Rent shall together be denominated “Rent.” Rent shall be paid to Landlord, without abatement, deduction or offset (except as otherwise expressly provided in this Lease), in lawful money of the United States of America pursuant to the address as set forth in Section 2.8 or to such other person or at such other place as Landlord may from time designate in writing. In the event the Term commences on a day other than the first day of each a calendar month or ends on a day other than the last day of a calendar month. Billed submetered utilities reflect prior usage last recorded. If , then the entire amount owed by you is not paid by 8:00 a.m. Rent for such fraction of a calendar month shall be prorated for such period on the 6th day basis of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge the number of days in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents calendar month and other charges shall be paid at the then-current rate for such fractional calendar month.
7.4. Except as otherwise expressly provided in this Lease, Tenant’s obligation to pay Rent shall not be discharged or otherwise affected by check (a) any Applicable Laws now or money orderhereafter applicable to the Premises, (b) any other restriction on Tenant’s use, (c) any casualty or taking or (d) any other occurrence; and, except as otherwise expressly provided in this Lease, Tenant waives all rights now or hereafter existing to terminate or cancel this Lease or quit or surrender the Premises or any part thereof, or to assert any defense in the nature of constructive eviction to any action seeking to recover rent. We mayTenant’s obligation to pay Rent with respect to any period or obligations arising, existing or pertaining to the period prior to the date of the expiration or earlier termination of the Term or this Lease shall survive any such expiration or earlier termination; provided, however, upon 10 days’ written notice to you, require that payment be made nothing in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received this sentence shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject way affect Tenant’s obligations with respect to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billingany other period.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Sources: Lease (REGENXBIO Inc.)
Rent. Tenant shall pay as to Landlord during the term of this Lease rent to Owner in the amount of $24.29 per square foot per year, payable monthly in advance and without deduction notice or offset demand therefor on or before the first 1st day of each month:
3.1month during the term of this Lease. The Monthly Rent All rent hereunder shall be payable at the address of Landlord specified in the paragraph herein entitled "NOTICE" or at such other place as Landlord from time to time may designate. In the event that the Premises shall be increased occupied by Tenant prior to the Commencement Date, Tenant shall pay to Landlord rent as provided above on a pro-rated basis based upon the number of days so occupied by Tenant. In addition to the foregoing rent, which shall hereinafter be referred to as the "Base Rent", Tenant shall pay to Landlord as additional rent an amount equivalent to six percent (6%) of the Tenant's annual gross sales (as "gross sales" are hereinafter defined) in excess of $1.8 million, per year in, on or from the Leased Premises. Said additional rent hereunder shall be computed on the basis of each calendar year, any portion of a calendar year to be pro rated on a monthly basis, and shall be due and payable, without notice or demand therefor, sixty (60) days following the end of each such year during the initial term of this Lease and any extension thereof. Tenants shall keep complete and proper books, records, and accounts of the gross sales (as such term is used herein), both for cash and on credit for each separate department and concession at any time based operated in or on 90 days advance written notice in accordance with the provisions Leased Premises, such books, records, and accounts including any sales tax reports that Tenant may be required to furnish to any government or governmental agency, at all reasonable times to be open to the inspection of the Mobilehome Residency Law Landlord, Landlord's auditor or other authorized representative or agent. Within sixty (60) days after the end of each calendar year during the term of this Lease, the first of which ends the 31st day of December, 1997, Tenant shall furnish to Landlord a statement to be certified as correct by Tenant or an employee or agent of Tenant authorized so to certify, which shall set forth the gross sales of each department and as allowed by state and local laws. Rent and all other charges are due concession operating in advance or on the first day Leased Premises for the year just concluded, and the authorized deductions, if any, therefrom and with each statement Tenant shall pay to Landlord the amount of each month. Utility charges are also due the percentage rental which is payable by the first day of each month. Billed submetered utilities reflect prior usage last recordedTenant as shown thereby. If Tenant shall at any time cause an audit of Tenant's business relative to the entire Leased Premises to be made by a certified public accountant, Tenant shall furnish Landlord with a copy of such audit without any cost to Landlord. Landlord, not more often than once in any calendar year, shall have the right to cause an audit of the business of Tenant to be made by a certified public accountant of Landlord's own selection; and if the statements of gross sales previously made by Tenant to Landlord shall be found to be more than three percent (3%) less than the amount owed of Tenant's gross sales shown by you is not paid such audit, Tenant immediately shall pay the cost of such audit as well as the additional rental therein shown to be payable by 8:00 a.m. on Tenant to Landlord; otherwise, the 6th day cost of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges such audit shall be paid by check or Landlord. Tenant will be furnished with a copy of any such annual audit which Landlord may cause to be made. The acceptance by Landlord of any money order. We may, however, upon 10 days’ written notice paid to you, require that payment be made in cash, or its equivalent. Monies received Landlord by Tenant as percentage rent hereunder for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received Lease Premises as shown by any statement furnished by Tenant shall not be construed as an accord admission of the accuracy of such statement, or of the sufficiency of the amount of such rent payment, but Landlord shall be entitled to question the sufficiency of the amount of any such rental payment or the accuracy of the statement or statements furnished by Tenant to justify the same any time within three (3) years after receipt of such rental payment. For the purpose of enabling Landlord to check the accuracy of any such statement or statements, and satisfaction or release the sufficiency of other debtany rental payments made in accordance therewith, despite ▇▇▇▇▇’s purported instructions or endorsements Tenant shall for such period of three (3) years after submission to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission Landlord of any such statement keep safe and intact all of Tenant's records, books, accounts, and other governmental agencies. Therefore charges data which in any way bear on or are required to establish in detail Tenant's gross sales and any authorized deductions therefrom as shown by any such statement, and shall on request make the same available to Landlord, Landlord's auditor, representative or agent for these utilities and services may be increased examination at any time in accordance with during such three (3) year period. Percentage payment of Tenant's gross sales to Landlord shall be deemed and considered as a rental cost for the rates established by these other parties Leased premises, and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed it is expressly understood by the Park’s Storage Agreement. Recreational vehicle storage parties hereto that this provision is strict rental only, and shall in no way be considered or construed as creating the legal relationship of a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month partnership, as provided by North Carolina General Statute Section 59-37(4)(b), or any portion thereof other relationship other than landlord and tenant, and it is further expressly understood that Landlord is in no way responsible for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34losses which Tenant may sustain at any time.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Rent. 4.1 Except as otherwise expressly provided in this Lease, Tenant shall pay to Landlord, without notice, demand, offset or deduction, in lawful Money of the United States of America, at Landlord’s Address for Payment specified in Section 1.1.U above, or at such other place as rent Landlord shall designate in writing time to Owner without deduction or offset time: (a) the Base Rent in equal monthly installments, in advance, on the first day of each month:
3.1calendar month during the Term, and (b) the Additional Rent, at the respective times required hereunder. The Monthly first monthly installment of Base Rent may shall be increased at any time based on 90 days advance written notice in accordance with the provisions of the Mobilehome Residency Law and as allowed by state and local laws. Rent and all other charges are due paid in advance on the date of Frame Completion (as defined in Section 3.8.F(ii) above and applied to the first day installment of each monthBase Rent coming due under this Lease. Utility charges are also due by Tenant’s obligation to pay Rent shall begin on the Commencement Date; provided, however, that, if either the Commencement Date or the Expiration Date falls on a date other than the first day of each a calendar month. Billed submetered utilities reflect prior usage last recorded. If , the entire amount owed Rent due for such fractional month shall be prorated on a per diem basis between Landlord and Tenant so as to charge Tenant only for the portion of such fractional month falling within the Term.
4.2 All past due installments of Rent owing by you is Tenant to Landlord not paid by 8:00 a.m. on the 6th day of each month, you must pay within five (5) Business Days after notice that such amount is past due shall be subject to a late charge specified on page 1 of four percent (4%) of the amount of the late payment and shall further bear interest until paid at a rate per annum (the “SUMMARY OF PROVISIONSInterest Rate”. You must also pay us ) equal to the greater of (i) twelve percent (12%) by (ii) three percent (3%) above the prime rate of interest from time to time publicly announced by Bank of America, a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds national banking association, or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money order. We maysuccessor thereof; provided, however, upon 10 days’ that, if at the time such interest is sought to be imposed the rate of interest exceeds the maximum rate permitted under federal law or under the laws of the State of California, the rate of interest on such past due installments of Rent shall be the maximum rate of interest then permitted by applicable law. All amounts owing by Landlord to Tenant and not paid within ten (10) Business Days after written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied to such amount is past due shall bear interest at the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay lateInterest Rate.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Sources: Sublease (Celladon Corp)
Rent. Tenant a. Tenant's liability for rent shall pay commence to accrue on the commencement date as defined in paragraph 2(c) above, provided that this lease has not been terminated prior thereto. Rent is payable in advance. If the Commencement Date begins on a date other than the first of the month, the rent for such partial initial month shall be prorated, added to and paid with the rent due and payable on the first day of the first full calendar month of the term hereof. The monthly rent to Owner without deduction or offset be paid by Tenant to Landlord shall be Six Thousand and No/100 Dollars ($6,000.00). Such rental shall be payable on the first day of each month:calendar month during the term hereof.
3.1. The Monthly Rent b. All payments of rent hereunder shall be made to Landlord as the same become due in lawful money of the United States, at such places as hereinafter may be increased at designated. Nothing contained in this lease shall be construed to be or create a partnership or joint venture between Landlord and Tenant.
c. Landlord shall be responsible for the payment of real estate taxes assessed against the Demised Premises. In no event shall Tenant be liable for payment of any time based on 90 days advance written notice in accordance with income, estate or inheritance taxes imposed upon the provisions Landlord or the estate of the Mobilehome Residency Law Landlord with respect to the Demised Premises. In the event of any special assessment with respect to the Demised Premises levied during the term of this Lease, the Tenant shall have no obligation with respect to payment of such assessment and Landlord shall be obligated to pay same. Notwithstanding the foregoing, Tenant shall be responsible for the payment of real estate taxes and other special assessments against the Demised Premises for any fiscal year(s) in which Tenant's gross sales revenues (defined as allowed by state and local laws. Rent and revenues from all other charges are due in advance business activities on the first day Demised Premises including, but not limited to, revenues from service, repair, arranging of each month. Utility charges are also due by the first day financing, sales of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you is boats, motors, accessories and trailers, but not paid by 8:00 a.m. on the 6th day of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks including retail sales tax collected) exceeds Four Million Dollars (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money order. We may, however, upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late$4,000,000.00).
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Rent. Tenant shall covenants and agrees to pay as rent to Owner without deduction or offset on the first day in equal monthly installments of each month:
3.1. The Monthly Rent may be increased at any time based on 90 days advance written notice in accordance with the provisions of the Mobilehome Residency Law and as allowed by state and local laws. Rent and all other charges are due $ 1,400.00 in advance on the first day of each and every month ("Rent Due Date") of said term. The total rent for the term of the Lease is $ . Tenant is to pay one full month rent prior to commencement of occupancy. If this Lease commences on a day other than the first of the month. Utility charges are also due by , the amount of rent to be paid for the balance of said first month will be apportioned pro rata; t hereafter rent will be paid on the first day of each monththe month as aforesaid. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you Tenant agrees to pay said rent to at (or at such other place as Landlord/Agent may from time to time designate) without diminution, deductions or demand and said obligation to pay rent is not paid by 8:00 a.m. on the 6th day independent of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason clause herein. Failure to pay said rent at the bank gives) as time specified on page 1 “SUMMARY OF PROVISIONS”will constitute default and the Landlord may use any remedy afforded under the terms of this Lease and/o r applicable law. All rents and sums of money or other charges shall charges, including payments required to be paid by check Tenant to Landlord/Agent or to any other person under the terms of this Lease, whether or not the same be designated "rent" or "additional rent", will be deemed rent and will be collectible as such. Landlord/Agent shall furnish to Tenant a receipt for all cash or money orderorders paid by Tenant to Landlord/Agent for rent, security deposit or othe rwise. We may, however, upon 10 days’ written notice to you, require that payment be made Check if the Takoma Park Rent Escalation Clause provided in cash, or its equivalent. Monies received the Special Provisions for rent or utility payments may be applied Takoma Park is applicable to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay latePremises.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Sources: Residential Lease
Rent. Tenant Lessee shall pay to Lessor as rent for each item of ---- Equipment during the applicable Term, on each Rent Payment Date (as defined in the Schedule), the amount specified under "Lease Rental Payments" in the Schedule (hereinafter referred to Owner without deduction or offset on the first day of each month:
3.1. The Monthly Rent may be increased at any time based on 90 days advance written notice in accordance with the provisions of the Mobilehome Residency Law and as allowed by state and local laws. Rent and all other charges are due in advance on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recorded"Rent"). If the entire any amount owed by you due hereunder is not paid by 8:00 a.m. paid, within five days of its due date, Lessee shall pay to Lessor, on the 6th day of each monthdemand, you must pay a reasonable late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks amount of 5% of such overdue amount and interest on such overdue amount at the rate of 2% per month (returned the "Late Payment Rate"); such late charge and interest shall apply only if permitted by applicable law, and if not so permitted, such late charge and interest shall be calculated at the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”maximum rates permitted by applicable law. All rents payments of Rent and other charges amounts payable by Lessee to Lessor hereunder shall be paid by check or money order. We may, however, upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied to at the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application office of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time Lessor specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of under "▇▇▇▇▇▇’s immediate family 's Address" in the Schedule, or to such other person, firm or corporation or Assignee (as defined in Section 20, "Assignment by Lessor") and at such other place as Lessor or Assignee, as the Mobilehome Residency Law case may be, may from time to time designate in writing to Lessee. Notwithstanding any provisions hereof to the contrary, and payment, including Rent, required under this Lease which is due on a day which is not a business day shall be made on the business day next preceding the day on which such payment is due. This Lease is non-cancellable and irrevocable for the entire term set forth in the Schedule. ▇▇▇▇▇▇'s obligation to pay all rentals and other amounts payable hereunder are absolute and unconditional and shall not be subject to any abatement, reduction, setoff, defense, counterclaim or if recoupment for any reason whatsoever, including but not limited to Lessee's right to possession of the person occupies Equipment being terminated or Lessor retaking possession of the homesite pursuant to Civil Code §798.34Equipment because of a default by Lessee hereunder.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Rent. Tenant (a) Subtenant shall pay to Sublandlord as base rent ("Base Rent") for the Premises during he term hereof the sum of Forty-Five Thousand Eighty Dollars ($45,080) per month. In addition to Owner without deduction or offset on Base Rent, during the first day term of each month:
3.1. The Monthly Rent may be increased at any time based on 90 days advance written notice in accordance with the provisions this Sublease, Subtenant shall pay to Sublandlord Subtenant's share ("Subtenant's Share") of all additional rent ("Additional Rent") payable to Landlord under Paragraph 5(b) of the Mobilehome Residency Law Master Lease and all expenses incurred by Sublandlord in performing the obligations set forth in Paragraph 17.B. of the Master Lease. Subtenant's Share of Additional Rent shall be fifty-eight and five tenths percent (58.5%).
(b) Collectively, Base Rent and Additional Rent shall hereinafter be referred to as allowed by state and local laws"Rent". Rent and all other charges are due for any period during the term hereof which is for less than one month shall be a pro rata portion of the monthly installment. Rent shall be payable in advance on the first day of each every month, without demand, offset, counterclaim or setoff. Utility charges are also All Rent shall be paid to Sublandlord at its address set forth in Paragraph 18 hereof or at such other place as Sublandlord may designate by written notice to Subtenant.
(c) Any Rent or other amount due by the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you hereunder to Sublandlord that is not paid when due shall bear interest at the rate of ten percent (10%) per annum or the maximum rate 2 allowed by 8:00 a.m. on law, whichever is less. In addition, for each payment of Rent that is not paid within ten (10) days after the 6th day date of each monthRent payment is due, you must Subtenant shall pay to Sublandlord an additional sum equal to four percent (4%) of the amount overdue as a late charge. Payment and acceptance of interest and a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money order. We may, however, upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received hereunder shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option excuse any failure by Subtenant to pay lateRent when due.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Sources: Sublease (Verilink Corp)
Rent. 5.1 Tenant agrees to pay Landlord as Basic Annual Rent for the Premises the sum set forth in Section 2.1.2, subject to the rental adjustments provided in Article 6. Basic Annual Rent shall pay as rent be paid in the equal monthly installments set forth in Section 2.1.3, subject to Owner without deduction or offset on the first day of rental adjustments provided in Article 6 hereof, each month:
3.1. The Monthly Rent may be increased at any time based on 90 days advance written notice in accordance with the provisions of the Mobilehome Residency Law and as allowed by state and local laws. Rent and all other charges are due in advance on the first day of each month. Utility charges are also and every calendar month during the term of this Lease.
5.2 In addition to Basic Annual Rent, Tenant agrees to pay to Landlord as additional rent (“Additional Rent”), at the times hereinafter specified in this Lease, Operating Expenses as provided in Article 7, Taxes and Assessments, reimbursement and expenses of Landlord’s performance of any obligations of Tenant under this Lease, and all other amounts that Tenant assumes or agrees to pay under the provisions of this Lease, including without limitation any and all other sums that may become due by reason of any default of Tenant or failure on Tenant’s part to comply with the agreements, terms, covenants and conditions of this Lease to be performed by Tenant.
5.3 Basic Annual Rent and Additional Rent shall together be denominated “Rent.” Except as expressly set forth in this Lease, Rent shall be paid to Landlord, without notice, demand, abatement, suspension, deduction, setoff, counterclaim, or defense except as set forth in this Lease or pursuant to law (unless otherwise set forth in this Lease), at the office of Landlord as set forth in Section 2.1.7 or to such other person or at such other place as Landlord may from time to time designate in writing.
5.4 In the event the term of this Lease commences or ends on a day other than the first day of each a calendar month. Billed submetered utilities reflect prior usage last recorded. If , then the entire amount owed by you is not paid by 8:00 a.m. Rent for such fraction of a month shall be prorated for such period on the 6th day basis of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money order. We may, however, upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence month and shall be payable in full paid at the then current rate for each calendar such fractional month or portion thereof. This additional charge for Guests shall not however apply if prior to the Guest is a member commencement of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34partial month.
3.55.5 This is an absolutely triple net lease to Landlord. Guest fees It is the intent of the parties that the Basic Annual Rent payable under this Lease shall be a net return to Landlord and charges for vehicle storage that Tenant shall pay all costs and utilities not regulated by expenses relating to the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days noticePremises unless otherwise expressly provided in this Lease.
Appears in 1 contract
Rent. The Tenant shall pay to the Landlord without counterclaim, notice, demand, offset, defense, or reduction of any kind whatsoever, an annual rental of Forty Three Thousand Nine Hundred Twenty ($43,920.00) (hereinafter referred to as rent to Owner without deduction or offset the "Base Rent"), payable in equal monthly installments of Three Thousand Six Hundred Sixty ($3,660.00) each, in advance, on the first day of each month:
3.1and every calendar month during the term hereof. The Monthly Rent for the first month of the term for which rent shall be due shall be paid concurrent with Tenant's execution and delivery of this Lease. All rent payments shall be made to Landlord, at the address set forth in Paragraph 24 of this Lease, or at such other place as the Landlord may be increased at any time designate in writing to Tenant. Tenant hereby acknowledges the square feet set forth in the Demised Premises above is an estimate only; the Base Rent set forth in this Lease is based on 90 days advance written notice in accordance with an annual rental for the provisions of the Mobilehome Residency Law Demised Premises and as allowed by state and local lawsnot on a rental rate per square foot. Rent and all If rental commences on a date other charges are due in advance on than the first day of each the month, rent for the first month shall be prorated and paid with the first regular monthly installment. Utility charges If rent or other monetary sums due the Landlord hereunder are also paid later than the tenth (1Oth) day of the month when due, a late fee of five (5%) percent of the amount due or Twenty-five ($25.00) Dollars, whichever is the greater, shall be due and payable by the first day Tenant as Additional Rent (as defined in this Paragraph 4 and in Paragraphs 12 and 13A of each monththis Lease). Billed submetered utilities reflect prior usage last recordedThe parties agree that calculation of the exact costs the Landlord will incur if the Tenant makes late payments would be difficult to determine but would include, without limitation, processing and accounting charges and late charges which may be imposed upon the Landlord by the terms of any mortgage or deed of trust constituting a lien upon the Building. If Tenant further agrees that the entire amount owed by you late charge assessed pursuant to this Lease is not paid by 8:00 a.m. on interest, and the 6th day of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”assessed does not constitute a lender or borrower/creditor relationship between Landlord and Tenant. You must also pay us The parties agree that the late fee provided herein is a handling fair and reasonable estimate of the costs the Landlord will incur. Said delinquency charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid subject to the default provisions herein. No payment by Tenant or receipt by Landlord of a lesser amount than the Base Rent or any Additional Rent stipulated in this Agreement shall be deemed other than a payment on account of the earliest amount due, nor shall any endorsement or statement on any check or money order. We may, however, upon 10 days’ written notice to you, require that on any letter accompanying any check or payment as rent be made in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as deemed an accord and satisfaction and Landlord may accept such check or release payment without prejudice to its right to recover the balance of Base Rent or any Additional Rent or to pursue any other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates remedy provided for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage this Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 If Tenant shall be assessed served with a demand for each calendar month or the payment of past due rent, any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in payments tendered thereafter to cure any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and default by Tenant shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined made only by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34cashier's check.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Sources: Single Tenant Building Lease Agreement (Arotech Corp)
Rent. (a) Tenant shall pay as rent to Owner without deduction or offset on Landlord for the first day use and occupancy of the Properties the amount of Six Hundred Sixty-Six Thousand Six Hundred Sixty-Six and 67/100 Dollars ($666,666.67) per month for each month:
3.1month of the Term (“Basic Rent”). The Monthly Basic Rent may shall be increased at any time based on 90 days advance written notice in accordance with the provisions of the Mobilehome Residency Law and as allowed by state and local laws. Rent and all other charges are due payable in advance on the first business day of each monthmonth of the Term of this Lease. Utility charges are also Basic Rent is payable to Landlord in cash, check, or ACH payment at the office of the Landlord at the address set forth in this Lease. The first payment of Basic Rent (representing Basic Rent prorated for the month of March and all of April), shall be due by upon the first day Effective Date.
(b) If any installment of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you Basic Rent is not paid by 8:00 a.m. on the 6th day date due, Tenant shall pay Landlord interest on such overdue payment at the lesser of: a) 10% per annum or b) the maximum rate permitted by applicable law (the “Default Rate”), accruing from the due date of each monthsuch payment until the same is paid. If any installment of Basic Rent is not paid for a period of three (3) business days after notice of default thereof by Landlord, you must Tenant shall pay Landlord a late charge specified on page 1 in an amount equal to the lesser of five (5%) percent of the unpaid installment of Basic Rent or the highest late charge permitted by applicable law.
(c) Tenant shall pay and discharge before the imposition of any fine, lien, interest or penalty which may be added thereto for late payment thereof any amounts and obligations which Tenant assumes or agrees to pay or discharge pursuant to this Lease (“SUMMARY OF PROVISIONSAdditional Rent”), together with every fine, penalty, interest and cost which may be added by the party to whom such payment is due for nonpayment or late payment thereof. You must also In the event of any failure by Tenant to pay us a handling charge or discharge any of the foregoing, Landlord shall have all rights, powers and remedies provided herein, by law or otherwise, in the sum set forth for “NSF” checks (returned by the bank due event of nonpayment of Basic Rent. Any Additional Rent payable to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges Landlord shall be paid by check or money order. We maypaid, however, upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums within fifteen (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (3015) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34demand therefor.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Rent. 3.1 Tenant shall agrees to pay as rent to Owner without deduction Landlord the Annual Rent in effect from time to time by paying the Monthly Installment of Rent then in effect on or offset on before the first day of each full calendar month during the Term, except that the first full month:
3.1's rent shall be paid upon the execution of this Lease. The Monthly Rent may for any period during the Term which is less than a full month shall be increased at any time based on 90 days advance written notice in accordance with the provisions a prorated portion of the Mobilehome Residency Law Monthly Installment of Rent based upon the number of days in such month. Said rent shall be paid to Landlord, without deduction or offset and without notice or demand, at the Rent Payment Address, as allowed by state and local laws. Rent and all other charges are due in advance set forth on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recordedReference Pages, or to such other person or at such other place as Landlord may from time to time designate in writing. If an Event of Default occurs, Landlord may require by notice to Tenant that all subsequent rent payments be made by an automatic payment from Tenant's bank account to Landlord's account, without cost to Landlord. Tenant must implement such automatic payment system prior to the entire amount owed next scheduled rent payment or within ten (10) days after Landlord's notice, whichever is later. Unless specified in this Lease to the contrary, all amounts and sums payable by you Tenant to Landlord pursuant to this Lease shall be deemed additional rent.
3.2 Tenant recognizes that late payment of any rent or other sum due under this Lease will result in administrative expense to Landlord, the extent of which additional expense is extremely difficult and economically impractical to ascertain. Tenant therefore agrees that if rent or any other sum is not paid by 8:00 a.m. on the 6th day of each monthwhen due and payable pursuant to this Lease, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”shall be imposed in an amount equal to the greater of:
(a) Fifty Dollars ($50.00), or (b) six percent (6%) of the unpaid rent or other payment. You must also pay us a handling The amount of the late charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money orderTenant shall be reassessed and added to Tenant's obligation for each successive month until paid. We may, however, upon 10 days’ written notice The provisions of this Section 3.2 in no way relieve Tenant of the obligation to you, require that payment be made in cash, or its equivalent. Monies received for pay rent or utility other payments may be applied to on or before the earliest outstanding sums (“first indate on which they are due, first out”) despite payer’s instructions or endorsements purporting to restrict application nor do the terms of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored this Section 3.2 in any available recreational vehicle storage are subject way affect Landlord's remedies pursuant to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject Article 19 of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified this Lease in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission event said rent or other governmental agencies may be increased upon ninety (90) days noticepayment is unpaid after date due.
Appears in 1 contract
Sources: Lease (Patrick Industries Inc)
Rent. Tenant shall pay as rent to Owner without deduction or offset on the first day of each month:
3.1. The Monthly Rent may be increased at any time based on 90 days advance written notice in accordance with the provisions of the Mobilehome Residency Law and as allowed by state and local laws. Rent and all other charges are due in advance on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you is not paid by 8:00 a.m. on the 6th day of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money order. We may, however, upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇▇ agrees to pay to Landlord the Annual Rent in effect from time to time by paying the Monthly Installment of Rent then in effect on or before the first (1st) day of each full calendar month during the Term, except that the first (1st) full month’s purported instructions rent shall be paid upon the execution of this Lease. The Monthly Installment of Rent in effect at any time shall be one-twelfth (1/12) of the Annual Rent in effect at such time. Rent for any period during the Term which is less than a full month shall be a prorated portion of the Monthly Installment of Rent based upon the number of days in such month. Said rent shall be paid to Landlord, without deduction or endorsements offset and without notice or demand, at the Address for Rent Payment, as set forth on the Reference Pages, or to such other person or at such other place as Landlord may from time to time designate in writing. Unless specified in this Lease to the contrary. The late charges are not a grace period or an option , all amounts and sums payable by Tenant to pay lateLandlord pursuant to this Lease shall be deemed additional rent.
3.2. All utility charges billed Tenant recognizes that late payment of any rent or other sum due under this Lease will result in administrative expense to Tenant by Owner during each monthLandlord, the extent of which additional expense is extremely difficult and economically impractical to ascertain. ▇▇▇▇▇▇ therefore agrees that if rent or any other sum is not paid within five (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may 5) days following notice from Landlord that such payment is overdue, then a late charge shall be increased at any time imposed in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject an amount equal to the fees imposed by greater of: (a) Fifty Dollars ($50.00); or (b) five percent (5%) of the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4unpaid rent or other payment. The Guest amount of the late charge listed on page 1 to be paid by Tenant shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence reassessed and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of added to ▇▇▇▇▇▇’s immediate family as defined by obligation for each successive month until paid. The provisions of this Section 3.2 shall in no way relieve Tenant of the Mobilehome Residency Law obligation to pay rent or if other payments on or before the person occupies date on which they are due, nor do the homesite terms of this Section 3.2 in any way affect Landlord’s remedies pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by Article 19 of this Lease in the Public Utilities Commission event said rent or other governmental agencies may be increased upon ninety (90) days noticepayment is unpaid after the date due.
Appears in 1 contract
Rent. (See also Article 40. "SCHEDULE OF RENTS.")
3.1 Tenant shall agrees to pay as rent to Owner without deduction Landlord the Annual Rent in effect from time to time by paying the Monthly Installment of Rent then in effect on or offset on before the first day of each full calendar month during the Term, except that the first month:
3.1's rent shall be paid upon the execution of this Lease. The Monthly Installment of Rent may be increased in effect at any time based on 90 days advance written notice in accordance with the provisions shall be one-twelfth of the Mobilehome Residency Law and as allowed by state and local lawsAnnual Rent in effect at such time. Rent and all other charges are due in advance on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you is not paid by 8:00 a.m. on the 6th day of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason period during the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges Term which is less than a full month shall be paid by check or money order. We may, however, a prorated portion of the Monthly Installment of Rent based upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days day month. Said rent shall be paid to Landlord, without deduction or offset and without notice or demand, at the Landlord's address, as set forth on the Reference Page, or to such other person or at such other place as Landlord may from time to time designate in writing.
3.2 Tenant recognizes that late payment of any rent or other sum due under this Lease will result in administrative expense to Landlord, the extent of which additional expense is extremely difficult and economically impractical to ascertain. Tenant therefore agrees that if rent or any other sum is not paid when due and payable pursuant to this Lease, a late charge shall be imposed in an amount equal to the greater of: (a) Fifty Dollars ($50.00), or (b) a sum equal to five percent (5%) per month of the unpaid rent or other payment. The amount of the late charge to be paid by Tenant shall be reassessed and added to Tenant's obligation for each successive monthly period until paid. The provisions of this Section 3.2 in no way relieve Tenant of the obligation to pay rent or other payments on or before the date on which they are due, nor do the terms of this Section 3.2 in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified way affect Landlord's remedies pursuant to Article 19 in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission event said rent or other governmental agencies may be increased upon ninety (90) days noticepayment is unpaid after date due.
Appears in 1 contract
Sources: Lease (Biex Inc)
Rent. Tenant shall 3.1 T▇▇▇▇▇ agrees to pay as rent to Owner without deduction Landlord the Annual Rent in effect from time to time by paying the Monthly Installment of Rent then in effect on or offset on before the first day of each month:
3.1. The Monthly Rent may be increased at any time based on 90 days advance written notice in accordance with full calendar month during the provisions of the Mobilehome Residency Law and as allowed by state and local laws. Rent and all other charges are due in advance on Term, except that the first day of each full month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you is not paid by 8:00 a.m. on the 6th day of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges 's rent shall be paid upon the execution of this Least. The Monthly Installment of Rent in effect at any time shall r~ be one-twelfth (1/12) of the Annual Rent in effect at such time. Rent for any period during the Term which is less than a full month shall be a prorated portion of the Monthly Installment of Rent based upon the number of days in such month. Said rent shall be paid to Landlord, without deduction or offset and without notice or demand, at the Rent Payment Address, as set forth on the Reference Pages, or to such other person or at such other place as Landlord may from time to time designate in writing. If an Event of Default occurs, Landlord may require by check or money order. We may, however, upon 10 days’ written notice to you, require Tenant that payment all subsequent rent payments be made by an automatic payment from Tenant's bank account to Landlord's account, without cost to Landlord. Tenant must implement such automatic payment system prior to the next scheduled rent payment or within ten (10) days after Landlord's notice, whichever is later. Unless specified in cashthis Lease to the contrary, or its equivalent. Monies received for all amounts and sums payable by Tenant to Landlord pursuant to this Lease shall be deemed additional rent.
3.2 Tenant recognizes that late payment of any rent or utility payments may be applied other sum due under this Lease will result in administrative expense to Landlord, the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting extent of which additional expense is extremely difficult and economically impractical to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage dueascertain. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite T▇▇▇▇▇’s purported instructions ▇ therefore agrees that if rent or endorsements any other sum is not paid when due and payable pursuant to this Lease, a late charge shall be imposed in an amount equal to the contrarygreater of: (a) Fifty Dollars ($50.00), or (b) six percent (6%) of the unpaid rent or other payment. The amount of the late charges are not a grace period or an option charge to be paid by Tenant shall be reassessed and added to Tenant's obligation for each successive month until paid. The provisions of this Section 3.2 in no way relieve Tenant of the obligation to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner rent or other payments on or before the date on which they are set by due, nor do the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice terms of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored this Section 3.2 in any available recreational vehicle storage are subject way affect Landlord's remedies pursuant to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject Article 19 of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified this Lease in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission event said rent or other governmental agencies may be increased upon ninety (90) days noticepayment is unpaid after date due.
Appears in 1 contract
Sources: Lease (Entrada Networks Inc)
Rent. 7.1. Tenant shall pay to Landlord as rent to Owner without deduction or offset Base Rent for the Premises, commencing on the first day of Term Commencement Date, the sums set forth in Section 2.3. Base Rent shall be paid in equal monthly installments as set forth in Section 2.3, each month:
3.1. The Monthly Rent may be increased at any time based on 90 days advance written notice in accordance with the provisions of the Mobilehome Residency Law and as allowed by state and local laws. Rent and all other charges are due in advance on the first day of each monthand every calendar month during the Term.
7.2. Utility charges In addition to Base Rent, Tenant shall pay to Landlord as additional rent (“Additional Rent”) at times hereinafter specified in this Lease (a) Tenant’s Share (as defined below) of Operating Expenses (as defined below), (b) the Property Management Fee (as defined below) and (c) any other amounts that Tenant assumes or agrees to pay under the provisions of this Lease that are also owed to Landlord, including any and all other sums that may become due by reason of any default of Tenant or failure on Tenant’s part to comply with the agreements, terms, covenants and conditions of this Lease to be performed by Tenant, after notice and the lapse of any applicable cure periods. In calculating Operating Expenses, Landlord will allocate Operating Expense items which relate solely to one building of the Project and its occupants (including, without limitation, portions thereof dedicated to non-exclusive use by building occupants) to the specific building to which such expenses relate, as further detailed in Exhibit J. Any Operating Expenses which cannot be allocated solely to one building and its occupants will be allocated on a proportionate basis (based on relative square footage) among the buildings and occupants of the Project (or those buildings to which such Operating Expense relates, and their occupants, if it is less than the entire Project) as further detailed in Exhibit J.
7.3. Base Rent and Additional Rent shall together be denominated “Rent.” Rent shall be paid to Landlord, without abatement, deduction or offset, in lawful money of the United States of America at the office of Landlord as set forth in Section 2.8 or to such other person or at such other place as Landlord may from time designate in writing. In the event the Term commences or ends on a day other than the first day of each a calendar month. Billed submetered utilities reflect prior usage last recorded. If , then the entire amount owed by you is not paid by 8:00 a.m. Rent for such fraction of a month shall be prorated for such period on the 6th day basis of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money order. We may, however, upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence month and shall be payable in full paid at the then-current rate for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34such fractional month.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Rent. Tenant shall 3.1 ▇▇▇▇▇▇ agrees to pay as rent to Owner without deduction Landlord the Annual Rent in effect from time to time by paying the Monthly Installment of Rent then in effect on or offset on before the first day of each full calendar month during the Term, except that the first full month:
3.1’s rent shall be paid upon the execution of this Lease. The Monthly Installment of Rent may be increased in effect at any time based on 90 days advance written notice in accordance with the provisions shall be one-twelfth (1/12) of the Mobilehome Residency Law and as allowed by state and local lawsAnnual Rent in effect at such time. Rent and all other charges are due for any period during the Term which is less than a full month shall be a prorated portion of the Monthly Installment of Rent based upon the number of days in advance on the first day of each such month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you is not paid by 8:00 a.m. on the 6th day of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges Said rent shall be paid to Landlord, without deduction or offset and without notice or demand, at the Rent Payment Address, as set forth on the Reference Pages, or to such other person or at such other place as Landlord may from time to time designate in writing. If an Event of Default occurs, Landlord may require by check or money order. We may, however, upon 10 days’ written notice to you, require Tenant that payment all subsequent rent payments be made by an automatic payment from Tenant’s bank account to Landlord’s account, without cost to Landlord. Tenant must implement such automatic payment system prior to the next scheduled rent payment or within ten (10) days after Landlord’s notice, whichever is later. Unless specified in cashthis Lease to the contrary, or its equivalent. Monies received for all amounts and sums payable by Tenant to Landlord pursuant to this Lease shall be deemed additional rent.
3.2 Tenant recognizes that late payment of any rent or utility payments may be applied other sum due under this Lease will result in administrative expense to Landlord, the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting extent of which additional expense is extremely difficult and economically impractical to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage dueascertain. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions ▇ therefore agrees that if rent or endorsements any other sum is not paid when due and payable pursuant to this Lease, a late charge shall be imposed in an amount equal to the contrarygreater of: (a) Fifty Dollars ($50.00), or (b) six percent (6%) of the unpaid rent or other payment. The amount of the late charges are not a grace period or an option charge to pay late.
3.2. All utility charges billed to be paid by Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence reassessed and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of added to ▇▇▇▇▇▇’s immediate family as defined by obligation for each successive month until paid. The provisions of this Section 3.2 in no way relieve Tenant of the Mobilehome Residency Law obligation to pay rent or if other payments on or before the person occupies date on which they are due, nor do the homesite terms of this Section 3.2 in any way affect Landlord’s remedies pursuant to Civil Code §798.34Article 19 of this Lease in the event said rent or other payment is unpaid after date due.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may 3.3 All monetary obligations of Tenant under this Lease are deemed to be increased upon ninety (90) days noticerent.
Appears in 1 contract
Rent. 7.1. Tenant shall pay to Landlord as rent to Owner without deduction or offset Base Rent for the Premises, commencing on the first day Term Commencement Date, the sums set forth in Section 2.3, subject to the abatement of Base Rent to the extent set forth in Section 8 below. Base Rent shall be paid in equal monthly installments as set forth in Section 2.3, each month:
3.1. The Monthly Rent may be increased at any time based on 90 days advance written notice in accordance with the provisions of the Mobilehome Residency Law and as allowed by state and local laws. Rent and all other charges are due in advance on the first day of each monthand every calendar month during the Term.
7.2. Utility charges In addition to Base Rent, Tenant shall pay to Landlord as additional rent (“Additional Rent”), commencing on the Term Commencement Date and at times hereinafter specified in this Lease, notwithstanding any abatement of Base Rent, (a) Tenant’s Adjusted Share (as defined below) of Operating Expenses (as defined below), (b) the Property Management Fee (as defined below), and (c) any other amounts that Tenant assumes or agrees to pay under the provisions of this Lease that are also owed to Landlord, including any and all other sums that may become due by reason of any default of Tenant or failure on Tenant’s part to comply with the agreements, terms, covenants and conditions of this Lease to be performed by Tenant, after notice and the lapse of any applicable cure periods.
7.3. Base Rent and Additional Rent shall together be denominated “Rent.” Rent shall be paid to Landlord, without abatement, deduction or offset, in lawful money of the United States of America to the address set forth in Section 2.8 or, if Tenant elects to make payments of Rent by ACH, utilizing the wiring instructions to be provided by Landlord to Tenant from time to time, or to such other person or at such other place as Landlord may from time designate in writing. In the event the Term commences or ends on a day other than the first day of each a calendar month. Billed submetered utilities reflect prior usage last recorded. If , then the entire amount owed by you is not paid by 8:00 a.m. Rent for such fraction of a month shall be prorated for such period on the 6th day basis of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge the number of days in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents month and other charges shall be paid at the then-current rate for such fractional month.
7.4. Tenant’s obligation to pay Rent shall not be discharged or otherwise affected by check (a) any Applicable Laws now or money orderhereafter applicable to the Premises, (b) any other restriction on Tenant’s use, (c) except as expressly provided herein, any casualty or taking or (d) any other occurrence; and Tenant waives all rights now or hereafter existing to terminate or cancel this Lease or quit or surrender the Premises or any part thereof, or to assert any defense in the nature of constructive eviction to any action seeking to recover rent. We mayTenant’s obligation to pay Rent with respect to any period or obligations arising, existing or pertaining to the period prior to the date of the expiration or earlier termination of the Term or this Lease shall survive any such expiration or earlier termination; provided, however, upon 10 days’ written notice to you, require that payment be made nothing in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received this sentence shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject way affect Tenant’s obligations with respect to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billingany other period.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Sources: Lease (Lyell Immunopharma, Inc.)
Rent. 3.1 Tenant shall agrees to pay as rent to Owner without deduction Landlord in advance on or offset on before the first day of each month:
3.1month starting with January 1, 199_, the Base Rent, subject to adjustment as hereinafter provided, without deduction or set off, for each month thereafter for the remainder of the entire Lease Term. The Monthly Rent may be increased at any time based on 90 days advance written notice in accordance One such monthly installment together with the provisions Security Deposit shall be due and payable by Tenant to Landlord upon execution of the Mobilehome Residency Law this Lease, and as allowed by state a like monthly installment shall be due and local laws. Rent and all other charges are due in advance payable without demand on or before the first day of each monthcalendar month succeeding the Commencement Date during the Lease Term. Utility charges are also Rent for any period of less than a full month shall be prorated, based on one thirtieth (1/30) of the current monthly rent for each day of the partial month this Lease is in effect.
3.2 If any installment of the Base Rent, or any other sums which become owing by Tenant to Landlord under the provisions hereof, is not received within ten (10) days after the date of notice from Landlord of such late payment, without in any way implying Landlord's consent to such late payment, Tenant, to the extent permitted by law, agrees to pay, in addition to said installment of the Base Rent or such other sums owed, it being understood that said late payment charge shall constitute liquidated damages and shall be for the purpose of reimbursing Landlord for additional costs and expenses which Landlord presently expects to incur in connection with the handling and processing of late installment payments of the Base Rent and such other sums which become owing by Tenant to Landlord hereunder: provided, however, if more than one (1) payment due of Tenant hereunder in any one (1) calendar year is not made until after notice of such late payment is received by Tenant, then the late charge in this Paragraph shall be due by Tenant if any subsequent payments due of Tenant hereunder in the first day same calendar year are not made within five (5) days within the date when due (without the requirement for prior notice). Landlord and Tenant expressly covenant and agree that in the event of each monthany such late payment by Tenant, the damages so resulting to Landlord will be difficult to ascertain precisely, and that the foregoing charge constitutes a reasonable and good faith estimate by the parties of the extent of such damages and does not constitute interest. Billed submetered utilities reflect prior usage last recordedNotwithstanding the foregoing, the foregoing late charges shall not apply to any sums which may have been advanced by Landlord to or for the benefit of Tenant pursuant to the provisions of this Lease. If Notwithstanding the entire above, the late charge shall not be due unless the amount owed by you due is not paid by 8:00 a.m. on Tenant within ten (10) days of the 6th day date notice from Landlord of each month, you must pay a such late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned payment is received by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money order. We mayTenant; provided, however, upon 10 days’ written if more than one (1) payment due of Tenant hereunder in any one (1) calendar year is not made until after notice to youof such late payment is received by Tenant, require then the late charge in this paragraph shall be due by Tenant if any subsequent payments due of Tenant hereunder in the same calendar year are not made within five (5) days of the date when due.
3.3 The Security Deposit shall be held by Landlord without liability and as security for the performance by Tenant of Tenant's covenants and obligations under this Lease, it being expressly understood that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received such deposit shall not be construed considered an advance payment of rent or a measure of Landlord's damages in case of default by Tenant. Upon the occurrence of any event of default by Tenant, Landlord may (but shall not be obligated to), from time to time, without prejudice to any other remedy, use the Security Deposit to the extent necessary to make good any arrearage of Rent and any other damage, injury expense or liability caused to Landlord by such event of default. Following any such application of the Security Deposit, Tenant shall pay to Landlord on demand the amount so applied in order to restore the Security Deposit to its original amount. If Tenant is not then in default hereunder, any remaining balance of the Security Deposit shall be returned by Landlord to Tenant upon termination of this Lease. If Landlord transfers its interest in the Premises during the Lease Term, Landlord may assign the Security Deposit to the transferee and thereafter shall have no further liability for the return of the Security Deposit.
3.4 All sums other than Base Rent payable by Tenant to Landlord under any provision of this Lease shall constitute Additional Rent. Base Rent and Additional Rent are herein referred to collectively as "Rent". All Rent due hereunder shall bear interest from the due date until paid in full at a rate equal to the lesser of: (a) the prime interest rate in effect from day to day at the First National Bank of Atlanta, Georgia plus three (3) percentage points; or (b) the maximum legal rate allowed by law. If more than the maximum legal rate of interest should ever be collected with regard to any sum due hereunder, said excess amount shall be credited against future payments of Rent thereafter first accruing hereunder. If no such further Rent accrues hereunder, said excess sums shall be promptly refunded by Landlord to Tenant upon written demand by Tenant.
3.5 No payment by Tenant or receipt by Landlord of a lesser amount than the correct Rent shall be deemed to be other than a payment on account, nor shall any endorsement or statement on any check or any letter accompanying any check or payment be deemed an accord and satisfaction satisfaction. Landlord may accept such check of payment without prejudice to Landlord's right to recover the balance or release of to pursue any other debt, despite ▇▇▇▇▇’s purported instructions remedy in this Lease or endorsements to the contrary. The late charges are not a grace period otherwise provided by law or an option to pay lateequity.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Sources: Sublease Agreement (View Tech Inc)
Rent. Tenant shall 3.1 ▇▇▇▇▇▇ agrees to pay as rent to Owner without deduction Landlord the Annual Rent in effect from time to time by paying the Monthly Installment of Rent then in effect on or offset on before the first day of each full calendar month during the Term, except that the first full month:
3.1’s rent shall be paid upon the execution of this Lease. The Monthly Installment of Rent may be increased in effect at any time based on 90 days advance written notice in accordance with the provisions shall be one-twelfth (1/12) of the Mobilehome Residency Law and as allowed by state and local lawsAnnual Rent in effect at such time. Rent for any period during the Term which is less than a full month shall be a prorated portion of the Monthly Installment of Rent based upon the number of days in such month. Said rent shall be paid to Landlord, without deduction or offset and all other charges are due in advance without notice or demand, at the Rent Payment Address, as set forth on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recordedReference Pages, or to such other person or at such other place as Landlord may from time to time designate in writing. If an Event of Default occurs, Landlord may require by notice to Tenant that all subsequent rent payments be made by an automatic payment from Tenant’s bank account to Landlord’s account, without cost to Landlord. Tenant must implement such automatic payment system prior to the entire amount owed next scheduled rent payment or within ten (10) days after Landlord’s notice, whichever is later. Unless specified in this Lease to the contrary, all amounts and sums payable by you Tenant to Landlord pursuant to this Lease shall be deemed additional rent.
3.2 Tenant recognizes that late payment of any rent or other sum due under this Lease will result in administrative expense to Landlord, the extent of which additional expense is extremely difficult and economically impractical to ascertain. Tenant therefore agrees that if rent or any other sum is not paid by 8:00 a.m. on the 6th day of each monthwhen due and payable pursuant to this Lease, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”shall be imposed in an amount equal to the greater of: (a) Fifty Dollars ($50.00), or (b) six percent (6%) of the unpaid rent or other payment; provided, however, that Tenant shall be entitled to a grace period of five (5) days for the first late payment in a calendar year. You must also pay us a handling The amount of the late charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money order. We may, however, upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence reassessed and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of added to ▇▇▇▇▇▇’s immediate family as defined by obligation for each successive month until paid. The provisions of this Section 3.2 in no way relieve Tenant of the Mobilehome Residency Law obligation to pay rent or if other payments on or before the person occupies date on which they are due, nor do the homesite terms of this Section 3.2 in any way affect Landlord’s remedies pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by Article 19 of this Lease in the Public Utilities Commission event said rent or other governmental agencies may be increased upon ninety (90) days noticepayment is unpaid after date due.
Appears in 1 contract
Sources: Lease Agreement
Rent. 3.1. Tenant agrees to pay to Landlord the Annual Rent in effect from time to time by paying the Monthly Installment of Rent then in effect on or before the first (1st) day of each full calendar month during the Term, except that the first (1st) full month’s rent shall pay as be paid upon the execution of this Lease. The Monthly Installment of Rent in effect at any time shall be one-twelfth (1/12) of the Annual Rent in effect at such time. Rent for any period during the Term which is less than a full month shall be a prorated portion of the Monthly Installment of Rent based upon the number of days in such month. Said rent shall be paid to Owner Landlord, without deduction or offset and without notice or demand, at the Address for Rent Payment, as set forth on the first day of each month:
3.1. The Monthly Rent may be increased at any time based on 90 days advance written notice in accordance with the provisions of the Mobilehome Residency Law and as allowed by state and local laws. Rent and all other charges are due in advance on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you is not paid by 8:00 a.m. on the 6th day of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money order. We may, however, upon 10 days’ written notice to you, require that payment be made in cashReference Pages, or its equivalentto such other person or at such other place as Landlord may from time to time designate in writing. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements Unless specified in this Lease to the contrary. The late charges are not a grace period or an option , all amounts and sums payable by Tenant to pay lateLandlord pursuant to this Lease shall be deemed additional rent.
3.2. All utility charges billed Tenant recognizes that late payment of any rent or other sum due under this Lease will result in administrative expense to Landlord, the extent of which additional expense is extremely difficult and economically impractical to ascertain. Tenant therefore agrees that if rent or any other sum is not paid within five (5) days following notice from Landlord that such payment is overdue, then a late charge shall be imposed in an amount equal to the greater of: (a) Fifty Dollars ($50.00); or (b) five percent (5%) of the unpaid rent or other payment. The amount of the late charge to be paid by Owner during Tenant shall be reassessed and added to Tenant’s obligation for each monthsuccessive month until paid. (Please note: Utility rates for utilities billed The provisions of this Section 3.2 shall in no way relieve Tenant of the obligation to Tenant by Owner pay rent or other payments on or before the date on which they are set by due, nor do the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice terms of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored this Section 3.2 in any available recreational vehicle storage are subject way affect Landlord’s remedies pursuant to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject Article 19 of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified this Lease in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission event said rent or other governmental agencies may be increased upon ninety (90) days noticepayment is unpaid after the date due.
Appears in 1 contract
Sources: Lease (Ocular Therapeutix, Inc)
Rent. 3.01 Tenant shall pay pay, or cause to be paid, to Landlord without any setoff or deduction whatsoever (except as rent may be otherwise herein expressly provided) and without any prior demand therefore, at the Landlord's place of business indicated above a monthly rental of One Thousand Five Hundred Dollars ($1500.00), per month, payable monthly in advance on the 1st day of each and every month. Such rents are to Owner without deduction or offset be paid in advance, on the first day of each calendar month:
3.1. The Monthly Rent may be increased at any time based If the Lease shall commence on 90 days advance written notice in accordance with the provisions of the Mobilehome Residency Law and as allowed by state and local laws. Rent and all day other charges are due in advance on than the first day of each a calendar month. Utility charges are also due by , or shall end on a day other than the first last day of each a calendar month, the applicable rental installment for such first or last fractional month shall be such proportion of the monthly installment as the number of days such fractional month bears to the total number of days in such calendar month.
3.02 The Annual Fixed Rent above specified shall be net to Landlord. Billed submetered utilities reflect prior usage last recorded. If Tenant shall be responsible for the entire amount owed by you is not paid by 8:00 a.m. payment of all costs and expenses with respect to the use, occupancy and maintenance of the Premises, except where otherwise specified herein.
3.03 Landlord acknowledges that it has received from the Tenant the sum of Three Thousand Dollars ($3000.00), as consideration of First and Last Month Rent for the payment of rent and the performance and observance of the agreements and conditions in this Lease contained on the 6th day past of each monthTenant to be performed and observed. In the event of any default or defaults in such payment, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”performance or observance, Landlord may apply said sum or any part thereof towards the curing of any such default or defaults and/or towards compensating Landlord for any loss or damage arising from any such default or defaults. You must also pay us a handling charge Upon the yielding up of the Demised Premises at the expiration or earlier termination of this Lease, if Tenant shall not then be in default or otherwise liable to Landlord, said sum or the then unapplied balance thereof shall be returned to Tenant. In the event Landlord's interest in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges Building shall be paid by check transferred or money order. We mayassigned, howeverthe Lessor shall credit or turn over to such transferee or assignee the First and Last Month Rent or the unpaid balance thereof In such event, upon 10 days’ written notice the Tenant agrees to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied look only to the earliest outstanding sums (“first intransferee or assignee, first out”) despite payer’s instructions or endorsements purporting to restrict application as the case may be, of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements the Landlord with respect to the contrary. The late charges are First and Last Month Rent or the unpaid balance thereof, its application and return Landlord further covenants that it will not a grace period assign or an option encumber or attempt to pay lateassign or encumber the First and Last Month Rent deposited herein.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Rent. Tenant shall pay as rent to Owner without deduction or offset Commencing on the Commencement Date and on the first day of each month:
3.1. The Monthly Rent may be increased at any time based on 90 days advance written notice month thereafter during the Term, Sublessee shall pay to Sublessor rent in accordance with the provisions amount of the Mobilehome Residency Law and as allowed by state and local laws. Rent and all other charges are $284,150.00 ($25.00 per rentable square foot) annually payable without setoff or demand in monthly payments of $ 23,679.17 due in advance on the first day of each monththe month for which rent is applicable. Utility charges are also due by Rent checks shall be made payable to Sublessor and delivered to the Sublessor's address set forth on the first day page of each monththis Sublease, or at such address as shall be designated by Sublessor or its designee. Billed submetered utilities reflect prior usage last recordedAdditionally, Sublessee is responsible for all phone charges, purchase or lease of equipment, and all other costs and expenses incurred by Sublessee in its use of the Premises, except as otherwise set forth in this Sublease. If Sublessee shall also be responsible for Sublessee's pro rata share of the entire amount owed by you which the Operating Expenses (as that term is not paid by 8:00 a.m. on the 6th day of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge defined in the sum set forth Master Lease) relating to the Premises exceed Operating Expenses for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money order. We mayOperating Expense Base Year of calendar year 2005; provided, however, upon 10 days’ written notice to younotwithstanding the above, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied Sublessee shall also pay Sublessee's pro rata share of electricity costs and HVAC distribution which Sublessor must pay Landlord pursuant to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application provisions of payment to a specific month or time period, or purporting to extinguish all arrearage duethe Master Lease. Partial payments received Sublessee shall not also be construed as an accord and satisfaction or release responsible for it's pro rata share of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements any increase in Taxes over the fiscal year 2005. Subject to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility provisions of paragraph 16 of this Sublease, the parties hereto agree that all charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given Landlord to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 Sublessor shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence accurate and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined binding upon Sublessee unless otherwise disputed by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34Sublessor.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Rent. (a) Gross rent during the Term shall be $2,852,003 per annum (the “Rent”), payable in advance in quarterly installments of $713,000, due on the first business day of each calendar quarter, prorated for any partial quarter during the Term, with the Rent through the end of the first calendar quarter of the Term being due on the Commencement Date.
(b) It is the purpose and intent of Landlord and Tenant that the Rent hereunder shall be a gross amount of all expenses, costs fees, Impositions and taxes incurred for the Premises, unless Tenant requests extra services
(c) Tenant hereby acknowledges that any non-payment by T▇▇▇▇▇ of Rent could cause Landlord to incur costs not contemplated hereunder, the exact amount of which is presently anticipated to be extremely difficult to ascertain. Accordingly, if any Rent is not paid when due, then Tenant shall pay as rent to Owner without deduction or offset Landlord on the first day of each month:
3.1. The Monthly Rent may be increased at any time based on 90 days advance written notice in accordance with the provisions of the Mobilehome Residency Law and as allowed by state and local laws. Rent and all other charges are due in advance on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you is not paid by 8:00 a.m. on the 6th day of each month, you must pay demand a late charge specified on page 1 “SUMMARY OF PROVISIONS”equal to three percent (3%) of the delinquent amount. You must also pay us The parties agree that the late charge represents a handling fair and reasonable estimate of the costs that Landlord will incur by reason of late payment by Tenant. The parties further agree that such late charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds does not constitute a lender or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents borrower/creditor relationship between Landlord and other charges shall be paid by check or money order. We may, however, upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite T▇▇▇▇▇’s purported instructions or endorsements to the contrary. The payment of such late charge shall not constitute waiver of, nor excuse or cure, any default under this Lease, nor prevent Landlord from exercising any other rights and remedies available to Landlord. Notwithstanding the foregoing, the aggregate amount of late charges are shall not a grace period or an option exceed the maximum amount permitted by law; and Tenant has no obligation to pay late.
3.2. All utility charges billed to a late charge unless Landlord has given Tenant by Owner during each month. at least five (Please note: Utility rates for utilities billed to Tenant by Owner are set by 5) days written notice of the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services delinquent payment (which may be increased given at any time in accordance with during the rates established by these other parties delinquency) and no advance notice of increases in these rates will be given Tenant fails to Tenant by Ownercure the outstanding payment within that time period.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Rent. 7.1. Tenant shall pay to Landlord as rent to Owner without deduction or offset Base Rent for the Premises, commencing on the first day of each month:
3.1. The Monthly Rent may be increased at any time based on 90 days advance written notice in accordance with the provisions fourth (4th) month of the Mobilehome Residency Law and Term (the “Rent Commencement Date”), the sums set forth in Section 2.3, subject to the rental adjustments provided in Article 8 hereof. Base Rent shall be paid in equal monthly installments as allowed by state and local laws. Rent and all other charges are due set forth in Section 2.3, subject to the rental adjustments provided in Article 8 hereof, each in advance on the first day of each monthand every calendar month during the Term.
7.2. Utility charges In addition to Base Rent, Tenant shall pay to Landlord as additional rent (“Additional Rent”) at times hereinafter specified in this Lease (a) Tenant’s Adjusted Share (as defined below) of Operating Expenses (as defined below), (b) the Property Management Fee (as defined below), and (c) any other amounts that Tenant assumes or agrees to pay under the provisions of this Lease that are also owed to Landlord, including any and all other sums that may become due by reason of any default of Tenant or failure on Tenant’s part to comply with the agreements, terms, covenants and conditions of this Lease to be performed by Tenant, after notice and the lapse of any applicable cure periods.
7.3. Base Rent and Additional Rent shall together be denominated “Rent.” Rent shall be paid to Landlord, without abatement, deduction or offset, in lawful money of the United States of America to the address set forth in Section 2.6 or to such other person or at such other place as Landlord may from time designate in writing. In the event the Term commences or ends on a day other than the first day of each a calendar month. Billed submetered utilities reflect prior usage last recorded. If , then the entire amount owed by you is not paid by 8:00 a.m. Rent for such fraction of a month shall be prorated for such period on the 6th day basis of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge the number of days in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents month and other charges shall be paid at the then-current rate for such fractional month.
7.4. Except as otherwise expressly provided herein, Tenant’s obligation to pay Rent shall not be discharged or otherwise affected by check (a) any Applicable Laws now or money orderhereafter applicable to the Premises, (b) any other restriction on Tenant’s use, (c) except as expressly provided herein, any casualty or taking or (d) any other occurrence; and Tenant waives all rights now or hereafter existing to terminate or cancel this Lease or quit or surrender the Premises or any part thereof, or, to assert any defense in the nature of constructive eviction (other than a mandatory counterclaim required in order for Tenant to enforce in good faith its rights under this Lease) to any action seeking to recover rent. We mayTenant’s obligation to pay Rent with respect to any period or obligations arising, existing or pertaining to the period prior to the date of the expiration or earlier termination of the Term or this Lease shall survive any such expiration or earlier termination; provided, however, upon 10 days’ written notice to you, require that payment be made nothing in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received this sentence shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject way affect Tenant’s obligations with respect to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billingany other period.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Sources: Lease (Cyclerion Therapeutics, Inc.)
Rent. As used in this Lease, the term "Rent" shall include: (i) the Base Rent; (ii) Tenant's Percentage Share of the Operating Expenses paid or incurred by Landlord during the calendar year; and (iii) all other amounts which Tenant is obligated to pay under the terms of this Lease. All amounts of money payable by Tenant to Landlord shall be paid without prior notice or demand, deduction or offset. This Lease is intended to be a triple net lease, with all costs, expenses and charges (including the Operating Expenses) paid by Tenant. Tenant hereby acknowledges that late payment by Tenant to Landlord of Rent will cause Landlord to incur costs not contemplated by this Lease, the exact amount of which will be difficult to ascertain. Such costs include, but are not limited to, processing and accounting charges, and late charges which may be imposed on Landlord by the terms of any trust deed covering the Premises. Accordingly, if any installment of Rent or any other sums due from Tenant shall not be received by Landlord when due, Tenant shall pay as rent to Owner without deduction or offset on the first day Landlord a late charge equal to six percent (6%) of each month:
3.1such overdue amount. The Monthly Rent may be increased at any time based on 90 days advance written notice in accordance with the provisions parties hereby agree that such late charge represents a fair and reasonable estimate of the Mobilehome Residency Law costs Landlord will incur by reason of late payment by Tenant. Acceptance of such late charge by Landlord shall in no event constitute a waiver of Tenant's default with respect to such overdue amount, nor prevent Landlord from exercising any of the other rights and as allowed by state and local lawsremedies granted hereunder. Rent and all other charges are due in advance on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire In addition, any amount owed by you which is not paid when due shall bear interest from the date due until the date paid at the rate ("Interest Rate") which is the lesser of fifteen percent (15%) per annum or the maximum rate permitted by 8:00 a.m. on the 6th day of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money order. We may, however, upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay latelaw.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Rent. 7.1 Tenant shall pay to Landlord as rent to Owner without deduction or offset Base Rent for the Premises, commencing on the first day of date that is three (3) months after the Term Commencement Date (the “Rent Commencement Date”), the sums set forth in Section 2.3, subject to the rental adjustments provided in Article 8 hereof. Base Rent shall be paid in equal monthly installments as set forth in Section 2.3, subject to the rental adjustments provided in Article 8 hereof, each month:
3.1. The Monthly Rent may be increased at any time based on 90 days advance written notice in accordance with the provisions of the Mobilehome Residency Law and as allowed by state and local laws. Rent and all other charges are due in advance on the first day of each month. Utility charges and every calendar month during the Term.
7.2 In addition to Base Rent, Tenant shall pay to Landlord as additional rent (“Additional Rent”) at times hereinafter specified in this Lease (a) Tenant’s Adjusted Share (as defined below) of Operating Expenses (as defined below), (b) the Property Management Fee (as defined below), (c) sums due for consulting services provided to Tenant by Landlord, at Tenant’s written request, if those services exceed the customary tenant-servicing efforts of Landlord in Landlord’s reasonable discretion (with Landlord having sole discretion with respect to the provision of such services (if any) and how those services will be billed to Tenant, including the use of a taxable subsidiary to provide such services and ▇▇▇▇ for the same, and (d) any other amounts that Tenant assumes or agrees to pay under the provisions of this Lease that are also owed to Landlord, including any and all other sums that may become due by reason of any default of Tenant or failure on Tenant’s part to comply with the agreements, terms, covenants and conditions of this Lease to be performed by Tenant, after notice and the lapse of any applicable cure periods.
7.3 Base Rent and Additional Rent shall together be denominated “Rent.” Rent shall be paid to Landlord, without abatement, deduction or offset, in lawful money of the United States of America to the address set forth in Section 2.8 or to such other person or at such other place as Landlord may from time designate in writing. In the event the Term commences or ends on a day other than the first day of each a calendar month. Billed submetered utilities reflect prior usage last recorded. If , then the entire amount owed by you is not paid by 8:00 a.m. Rent for such fraction of a month shall be prorated for such period on the 6th day basis of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge the number of days in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents month and other charges shall be paid at the then-current rate for such fractional month.
7.4 Tenant’s obligation to pay Rent shall not be discharged or otherwise affected by check (a) any Applicable Laws now or money orderhereafter applicable to the Premises, (b) any other restriction on Tenant’s use, (c) except as expressly provided herein, any casualty or taking or (d) any other occurrence; and except as expressly herein, Tenant waives all rights now or hereafter existing to terminate or cancel this Lease or quit or surrender the Premises or any part thereof, or to assert any defense in the nature of constructive eviction to any action seeking to recover Rent. We mayTenant’s obligation to pay Rent with respect to any period or obligations arising, existing or pertaining to the period prior to the date of the expiration or earlier termination of the Term or this Lease shall survive any such expiration or earlier termination; provided, however, upon 10 days’ written notice to you, require that payment be made nothing in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received this sentence shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject way affect Tenant’s obligations with respect to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billingany other period.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Sources: Lease (Gritstone Oncology, Inc.)
Rent. 7.1 Tenant shall pay to Landlord as rent to Owner without deduction or offset Base Rent for the Premises, commencing on the first day of Term Commencement Date, the sums set forth in Section 2.3, subject to the rental adjustments and the Free Rent Period provided in Article 8 hereof. Base Rent shall be paid in equal monthly installments as set forth in Section 2.3, subject to the rental adjustments and Free Rent Period provided in Article 8 hereof, each month:
3.1. The Monthly Rent may be increased at any time based on 90 days advance written notice in accordance with the provisions of the Mobilehome Residency Law and as allowed by state and local laws. Rent and all other charges are due in advance on the first day of each month. Utility charges and every calendar month during the Term.
7.2 In addition to Base Rent, Tenant shall pay to Landlord as additional rent (“Additional Rent”) at times hereinafter specified in this Lease (a) Tenant’s Adjusted Share (as defined below) of Operating Expenses (as defined below), (b) the Property Management Fee (as defined below), and (c) any other amounts that Tenant assumes or agrees to pay under the provisions of this Lease that are also owed to Landlord, including any and all other sums that may become due by the first day reason of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you is not paid by 8:00 a.m. any default of Tenant or failure on the 6th day of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due Tenant’s part to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money order. We may, however, upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance comply with the rates established agreements, terms, covenants and conditions of this Lease to be performed by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by , after notice and the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34lapse of any applicable cure periods.
3.57.3 Base Rent and Additional Rent shall together be denominated “Rent.” Rent shall be paid to Landlord, without abatement, deduction or offset, in lawful money of the United States of America to the address set forth in Section 2.8 or to such other person or at such other place as Landlord may from time designate in writing. Guest fees In the event the Term commences or ends on a day other than the first day of a calendar month, then the Rent for such fraction of a month shall be prorated for such period on the basis of the number of days in the month and charges shall be paid at the then-current rate for vehicle storage such fractional month.
7.4 Tenant’s obligation to pay Rent shall not be discharged or otherwise affected by (a) any Applicable Laws now or hereafter applicable to the Premises, (b) any other restriction on Tenant’s use, (c) except as expressly provided herein, any casualty or taking or (d) any other occurrence; and utilities not regulated by Tenant waives all rights now or hereafter existing to terminate or cancel this Lease or quit or surrender the Public Utilities Commission Premises or any part thereof, or to assert any defense in the nature of constructive eviction to any action seeking to recover rent. Tenant’s obligation to pay Rent with respect to any period or obligations arising, existing or pertaining to the period prior to the date of the expiration or earlier termination of the Term or this Lease shall survive any such expiration or earlier termination; provided, however, that nothing in this sentence shall in any way affect Tenant’s obligations with respect to any other governmental agencies may be increased upon ninety (90) days noticeperiod.
Appears in 1 contract
Rent. 8.1. Tenant shall pay to Landlord as rent to Owner without deduction or offset Base Rent for the Premises, commencing on the first day of each month:
3.1Term Commencement Date, the sums set forth in Section 2.3, subject to the rental adjustments provided in Article 9 hereof. The Monthly Rent may be increased at any time based on 90 days advance written notice in accordance with the provisions of the Mobilehome Residency Law and as allowed by state and local laws. Base Rent and all other charges are due Additional Rent related to Additional TI Costs shall be paid in equal monthly installments (as set forth in Section 2.3 for Base Rent), subject to the rental adjustments provided in Article 9 hereof, each in advance on the first day of each monthand every calendar month during the Term.
8.2. Utility charges In addition to Base Rent, Tenant shall pay to Landlord as additional rent (“Additional Rent”) at times hereinafter specified in this Lease (a) commencing on the Term Commencement Date, Tenant’s pro rata share, as set forth in Section 2.2 (“Tenant’s Pro Rata Share”), of Operating Expenses (as defined below) and (b) any other amounts that Tenant assumes or agrees to pay under the provisions of this Lease that are also owed to Landlord, including, without limitation, any and all other sums that may become due by reason of any default of Tenant or failure on Tenant’s part to comply with the agreements, terms, covenants and conditions of this Lease to be performed by Tenant, after notice and the lapse of any applicable cure periods.
8.3. Base Rent, Additional Rent related to Additional TI Costs and all other Additional Rent shall together be denominated “Rent.” Rent shall be paid to Landlord, without abatement, deduction or offset (except as expressly provided in Articles 25 and 26 herein), in lawful money of the United States of America at the office of Landlord as set forth in Section 2.8 or to such other person or at such other place as Landlord may from time designate in writing. In the event the Term commences or ends on a day other than the first day of each a calendar month. Billed submetered utilities reflect prior usage last recorded. If , then the entire amount owed by you is not paid by 8:00 a.m. Rent for such fraction of a month shall be prorated for such period on the 6th day basis of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money order. We may, however, upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence month and shall be payable in full paid at the then-current rate for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34such fractional month.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Sources: Lease (Revance Therapeutics, Inc.)
Rent. 3.1 Tenant shall agrees to pay as rent to Owner without deduction Landlord, commencing on the Commencement Date, the Annual Rent in effect from time to time by paying the Monthly Installment of Annual Rent then in effect on or offset on before the first day of each full calendar month during the Term, except that the first month:
3.1’s rent shall be paid upon the execution of this Lease. The Monthly Installment of Annual Rent may be increased in effect at any time based on 90 days advance written notice in accordance with the provisions shall be one-twelfth of the Mobilehome Residency Law and as allowed by state and local lawsAnnual Rent in effect at such time. Rent and all other charges are due in advance on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you is not paid by 8:00 a.m. on the 6th day of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason period during the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges Term which is less than a full month shall be paid by check or money order. We may, however, a prorated portion of the Monthly Installment of Annual Rent based upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) day month. Said rent shall be paid to Landlord, without deduction or offset and without notice or demand, at the Landlord’s address, as set forth on the Reference Page, or to such other person or at such other place as Landlord may from time to time designate in writing.
3.2 Tenant recognizes that late payment of any rent or other sum due under this Lease will result in administrative expense to Landlord, the extent of which additional expense is extremely difficult and economically impractical to ascertain. Tenant therefore agrees that if rent or any other sum is not paid when due and payable pursuant to this Lease, a late charge shall be imposed in an amount equal to the greater of: (a) Fifty Dollars ($50.00), or (b) a sum equal to five percent (5%) per month of the unpaid rent or other payment; provided, however, Landlord agrees to waive and forgive the first (1st) of any such late charges arising during any twelve (12) consecutive months during the Term, provided that Landlord receives such overdue rent or other sum within ten (10) days after written notice from Landlord that such payment was not made when due. The amount of the late charge to be paid by Tenant shall be reassessed and added to Tenant’s obligation for each successive monthly period until paid. The provisions of this Section 3.2 in no way relieve Tenant of the obligation to pay rent or other payments on or before the date on which they are due, nor do the terms of this Section 3.2 in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified way affect Landlord’s remedies pursuant to Article 19 of this Lease in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission event said rent or other governmental agencies may be increased upon ninety (90) days noticepayment is unpaid after date due.
Appears in 1 contract
Rent. Tenant shall Effective the Rental Commencement Date, the Bank hereby covenants to pay as to Landlord fixed guaranteed rent to Owner without deduction or offset in the principal amount of THIRTY THOUSAND AND NO/100 DOLLARS ($30,000.00) per year, payable in advance on a monthly basis on the first day of each month:
3.1calendar month during the five (5) year term of this Agreement in equal installments of TWO THOUSAND FIVE HUNDRED AND NO/100 DOLLARS ($2,500.00). In addition to the fixed guaranteed rent set forth above, Tenant agrees to pay contemporaneously with the execution of this Lease the sum of TWENTY-TWO THOUSAND FIVE HUNDRED AND NO/100 DOLLARS ($22,500.00) as "Inducement Rent" for Landlord's agreement to enter into this Lease with Tenant. The Monthly fixed guaranteed rent and Inducement Rent may be increased at any time based on 90 days advance written notice in accordance with the provisions of the Mobilehome Residency Law and as allowed by state and local laws. Rent and all other charges are due in advance on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you is not paid by 8:00 a.m. on the 6th day of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money order. We maywithout demand, however, upon 10 days’ written notice to you, require that payment be made in cashdeduction, or its equivalent. Monies received for rent or utility payments may be applied to setoff whatsoever, it being specifically agreed and understood that the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application covenant of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option Bank to pay late.
3.2. All utility charges billed fixed guaranteed rent and any other changes required to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set be paid by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage Bank under this Agreement is a separate obligation subject and distinct covenant of separate agreementthe Bank, not contingent upon the performance of any other terms or conditions of this Agreement. Such fees may be stated on Fixed guaranteed rent for any partial calendar month during the monthly billing.
3.4. The Guest charge listed on page 1 term of this Agreement shall be assessed for each calendar month prorated on a per diem basis. As used in this Agreement, the term "Rent" or "rent" shall included fixed guaranteed rent, Inducement Rent, and any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days other additional charges or a total of thirty (30) days in any calendar yearsums payable to Landlord hereunder. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and All Rent shall be payable in full for each calendar month paid to Landlord, without demand, deduction or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34setoff whatsoever, at Landlord's address first above written.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Rent. (a) Tenant shall will pay the base rent as rent to Owner without deduction shown in Exhibit "D" in equal monthly installments in advance beginning on the later of August 1, 1997, or offset the Occupancy Date (or if Landlord's Work is subdivided into Phases, on the Occupancy Date for each Phase), and thereafter on the first day of each month during the term (except as otherwise shown in Exhibit "D"), prorated for any portion of a month:
3.1. The Monthly Rent may be increased at any time based on 90 days advance written notice in accordance with the provisions of the Mobilehome Residency Law and as allowed by state and local laws. Rent term "rent" includes base rent, additional rent and all other charges are due in advance on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you is not paid by 8:00 a.m. on the 6th day of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due amounts to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check Tenant under this Lease, whether or money ordernot specifically described as rent. We mayAll rent will be paid without demand, howeverdeduction, upon 10 days’ written notice to you, require that payment be made in cash, counterclaim or its equivalent. Monies received for rent or utility payments offset of any type (except as may be applied to the earliest outstanding sums (“first inspecifically provided otherwise elsewhere in this Lease) in lawful U.S. legal tender at The Plaza at Continental Park, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time periodSuite 5252, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of 2101 ▇▇▇▇▇▇’s immediate family ▇▇▇ ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇-▇▇▇▇ ▇▇ to such other person or place as defined Landlord may from time to time designate. Notwithstanding the foregoing, if and for so long as there is a mortgage loan encumbering the Premises or a loan that is secured by the Mobilehome Residency Law Letter of Credit, at the written request of Landlord or if Tenant, Landlord and Tenant will establish a collection account for the person occupies receipt and disbursement of base rent. In such event, Tenant, will pay the homesite pursuant base rent as and when required each month into this collection account, and the collection agent promptly will disburse from such amount an amount sufficient to Civil Code §798.34.
3.5. Guest fees pay debt service and charges for vehicle storage any other amounts owed to the mortgage lender and utilities not regulated the lender of the loan secured by the Public Utilities Commission Letter of Credit, with the balance being disbursed first to Tenant (but only if and to the extent necessary to pay current debt service to Tenant under the LC Note per Section 24.17(f) if any amounts are then owed under the LC Note) and then to Landlord. The collection agent and the terms of this collection account will be subject to the mutual written approval of Landlord and Tenant, which approval will be based on customary terms for such agreements and will not be unreasonably withheld or other governmental agencies may be increased upon ninety (90) days noticedelayed.
Appears in 1 contract
Sources: Lease (Picturetel Corp)
Rent. 5.1 Tenant shall pay to Landlord as rent to Owner without deduction or offset Basic Annual Rent for the Premises, commencing on the first day of Rent Commencement Date, the sum set forth in Section 2.7, subject to the rental adjustments provided in Section 6 hereof. Basic Annual Rent shall be paid in equal monthly installments as set forth in Section 2.6, subject to the rental adjustments provided in Section 6 hereof, each month:
3.1. The Monthly Rent may be increased at any time based on 90 days advance written notice in accordance with the provisions of the Mobilehome Residency Law and as allowed by state and local laws. Rent and all other charges are due in advance on the first day of each monthand every calendar month during the Term. Utility charges The Rentable Area of the Premises shall be deemed the square footage of the Building for purposes of this Lease, including determination of Basic Annual Rent and any other costs allocated to Tenant on the basis of the square footage of the Premises or the Building.
5.2 In addition to Basic Annual Rent, Tenant shall pay to Landlord as additional rent (“Additional Rent”) at times hereinafter specified in this Lease (a) amounts of Insurance Costs and Taxes (each as defined below) and (b) any other amounts that Tenant assumes or agrees to pay under the provisions of this Lease that are also owed to Landlord, including, without limitation, any and all other sums that may become due by reason of any default of Tenant or failure on Tenant’s part to comply with the agreements, terms, covenants and conditions of this Lease to be performed by Tenant, after notice and the lapse of any applicable cure periods.
5.3 Basic Annual Rent and Additional Rent shall together be denominated “Rent.” Rent shall be paid to Landlord, without abatement, deduction or offset (except as expressly provided in this Lease), in lawful money of the United States of America at the office of Landlord as set forth in Section 2.13 or to such other person or at such other place as Landlord may from time designate in writing. In the event the Term commences or ends on a day other than the first day of each a calendar month. Billed submetered utilities reflect prior usage last recorded. If , then the entire amount owed by you is not paid by 8:00 a.m. Rent for such fraction of a month shall be prorated for such period on the 6th day basis of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge the number of days in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents that month and other charges shall be paid by check or money order. We may, however, upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received at the then-current rate for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay latesuch fractional month.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Sources: Lease (Zosano Pharma Corp)
Rent. 3.1 Tenant shall agrees to pay as rent to Owner without deduction Landlord the Annual Rent in effect from time to time by paying the Monthly Installment of Rent then in effect on or offset on before the first day of each month:
3.1full calendar month during the Term. The Monthly Installment of Rent may be increased in effect at any time based on 90 days advance written notice in accordance with the provisions shall be one-twelfth (1/12) of the Mobilehome Residency Law and as allowed by state and local lawsAnnual Rent in effect at such time. Rent for any period during the Term which is less than a full month shall be a prorated portion of the Monthly Installment of Rent based upon the number of days in such month. Said rent shall be paid to Landlord, without deduction or offset and all other charges are due in advance without notice or demand, at the Rent Payment Address, as set forth on the first day Reference Pages, or to such other person or at such other place as Landlord may from time to time designate in writing. Unless specified in this Lease to the contrary, all amounts and sums payable by Tenant to Landlord pursuant to this Lease shall be deemed additional rent.
3.2 Tenant recognizes that late payment of each monthany rent or other sum due under this Lease will result in administrative expense to Landlord, the extent of which additional expense is extremely difficult and economically impractical to ascertain. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you Tenant therefore agrees that if rent or any other sum is not paid by 8:00 a.m. within two (2) days after notice has been given to Tenant of a delinquency pursuant to this Lease, on more than one (1) occasion during any calendar year, beginning with the 6th day of each monthsecond (2nd) such late payment and for every subsequent late payment during such calendar year, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”shall be imposed in an amount equal to the greater of: (a) Fifty Dollars ($50.00), or (b) five percent (5%) of the unpaid rent or other payment. You must also pay us a handling The amount of the late charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money orderTenant shall be reassessed and added to Tenant’s obligation for each successive month until paid. We may, however, upon 10 days’ written notice The provisions of this Section 3.2 in no way relieve Tenant of the obligation to you, require that payment be made in cash, or its equivalent. Monies received for pay rent or utility other payments may be applied on or before the date on which they are due, nor do the terms of this Section 3.2 in any way affect Landlord’s remedies pursuant to Article 19 of this Lease in the earliest outstanding sums (“first in, first out”) despite payer’s instructions event said rent or endorsements purporting to restrict application of other payment to a specific month or time period, or purporting to extinguish all arrearage is unpaid after date due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to 3.3 Tenant by Owner during each month. (Please note: Utility rates for utilities billed to hereby acknowledges and agrees that the obligations of Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 hereunder shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee separate and independent covenants and agreements, that rent shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall continue to be payable in full for each calendar month all events and that the obligations of Tenant hereunder shall continue unaffected, unless the requirement to pay or portion thereof. This additional charge for Guests perform the same shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite have been terminated pursuant to Civil Code §798.34an express provision of this Lease. Landlord and Tenant each acknowledges and agrees that the independent nature of the obligations of Tenant hereunder represents fair, reasonable, and accepted commercial practice with respect to the type of property subject to this Lease. Such acknowledgements by Tenant are a material inducement to landlord entering into this Lease.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Rent. 3.01. From and after the Rent Commencement Date, Tenant shall pay as rent to Owner without deduction or offset on the first day of each month:
3.1. The Monthly Fixed Rent may be increased at any time based on 90 days advance written notice in accordance with the provisions of the Mobilehome Residency Law and as allowed by state and local laws. Rent and all other charges are due equal monthly installments in advance on the first day of each monthand every calendar month during the Term. Utility charges are also due by If the Rent Commencement Date occurs on a day other than the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you is not paid by 8:00 a.m. on the 6th day of each a calendar month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”the Fixed Rent for the partial calendar month at the commencement of the Term shall be prorated.
3.02. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges The Rent shall be paid in lawful money of the United States to Landlord at its office, or such other place, or Landlord’s agent, as Landlord shall designate by notice to Tenant. Tenant shall pay the Rent promptly when due without notice or demand therefor and without any abatement, deduction or setoff for any reason whatsoever, except as may be expressly provided in this Lease. If Tenant makes any payment to Landlord by check, same shall be by check or money order. We may, however, upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received Tenant and Landlord shall not be construed as required to accept the check of any other Person, and any check received by Landlord shall be deemed received subject to collection. If any check is mailed by Tenant, Tenant shall post such check in sufficient time prior to the date when payment is due so that such check will be received by Landlord on or before the date when payment is due. Tenant shall assume the risk of lateness or failure of delivery of the mails, and no lateness or failure of the mails will excuse Tenant from its obligation to have made the payment in question when required under this Lease.
3.03. No payment by Tenant or receipt or acceptance by Landlord of a lesser amount than the correct Rent shall be deemed to be other than a payment on account, nor shall any endorsement or statement on any check or any letter accompanying any check or payment be deemed an accord and satisfaction satisfaction, and Landlord may accept such check or release payment without prejudice to Landlord’s right to recover the balance or pursue any other remedy in this Lease or at law provided.
3.04. If Tenant is in arrears in payment of other debtRent, despite ▇▇▇▇▇Tenant waives Tenant’s purported instructions right, if any, to designate the items to which any payments made by Tenant are to be credited, and Landlord may apply any payments made by Tenant to such items as Landlord sees fit, irrespective of and notwithstanding any designation or endorsements request by Tenant as to the contrary. The late charges are not a grace period or an option items to pay latewhich any such payments shall be credited.
3.23.05. All utility charges billed In the event that any installment of Rent due hereunder shall be overdue, a “Late Charge” equal to Tenant four percent (4%) or the maximum rate permitted by Owner during each month. (Please note: Utility rates law, whichever is less for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services Rent so overdue may be increased at any time in accordance charged by Landlord for each month or part thereof that the same remains overdue (“Late Payment Rate”). Notwithstanding the previous sentence, the aforesaid Late Charge shall be waived with respect to the rates established by these other parties and no advance notice first two (2) overdue payments of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored Rent in any available recreational vehicle storage are subject Calendar Year of the Term provided any such overdue payment is received within five (5) days of its due date. In the event that any check tendered by Tenant to Landlord is returned for insufficient funds, Tenant shall pay to Landlord, in addition to the fees charge imposed by the Park’s Storage Agreementpreceding sentence, a fee of $50.00. Recreational vehicle storage is a separate obligation subject Any such Late Charges if not previously paid shall, at the option of separate agreement. Such fees may the Landlord, be stated on added to and become part of the monthly billingnext succeeding Rent payment to be made hereunder.
3.43.06. The Guest charge listed on page 1 Except as expressly set forth in Article 17.02, it is intended that the Fixed Rent shall be assessed for each calendar month an absolutely net return to Landlord throughout the Term, free of any expense, charge or other deduction whatsoever, with respect to the Demised Premises, the Building, the Land and/or the ownership, leasing, operation, management, maintenance, repair, rebuilding, use or occupation thereof, or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total thereof, with respect to any interest of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34Landlord therein.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Sources: Lease Agreement (Switch & Data Facilities Company, Inc.)
Rent. 3.1 Tenant shall agrees to pay as rent to Owner without deduction Landlord the Annual Rent in effect from time to time by paying the Monthly Installment of Rent then in effect on or offset on before the first day of each full calendar month during the Term, except that the first full month:
3.1’s rent shall be paid upon the execution of this Lease. The Monthly Installment of Rent may be increased in effect at any time based on 90 days advance written notice in accordance with the provisions shall be one-twelfth (1/12) of the Mobilehome Residency Law and as allowed by state and local lawsAnnual Rent in effect at such time. Rent for any period during the Term which is less than a full month shall be a prorated portion of the Monthly Installment of Rent based upon the number of days in such month. Said rent shall be paid to Landlord, without deduction or offset and all other charges are due in advance without notice or demand, at the Rent Payment Address, as set forth on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recordedReference Pages, or to such other person or at such other place as Landlord may from time to time designate in writing. If an Event of Default occurs, Landlord may require by notice to Tenant that all subsequent rent payments be made by an automatic payment from Tenant’s bank account to Landlord’s account, without cost to Landlord. Tenant must implement such automatic payment system prior to the entire amount owed next scheduled rent payment or within ten (10) days after Landlord’s notice, whichever is later. Unless specified in this Lease to the contrary, all amounts and sums payable by you Tenant to Landlord pursuant to this Lease shall be deemed additional rent.
3.2 Tenant recognizes that late payment of any rent or other sum due under this Lease will result in administrative expense to Landlord, the extent of which additional expense is extremely difficult and economically impractical to ascertain. Tenant therefore agrees that if rent or any other sum is not paid by 8:00 a.m. on the 6th day within ten (10) days of each monthwhen due and payable pursuant to this Lease, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”shall be imposed in an amount equal to the greater of: (a) Fifty Dollars ($50.00), or (b) six percent (6%) of the unpaid rent or other payment. You must also pay us a handling The amount of the late charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money orderTenant shall be reassessed and added to Tenant’s obligation for each successive month until paid. We may, however, upon 10 days’ written notice The provisions of this Section 3.2 in no way relieve Tenant of the obligation to you, require that payment be made in cash, or its equivalent. Monies received for pay rent or utility other payments may be applied to on or before the earliest outstanding sums (“first indate on which they are due, first out”) despite payer’s instructions or endorsements purporting to restrict application nor do the terms of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored this Section 3.2 in any available recreational vehicle storage are subject way affect Landlord’s remedies pursuant to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject Article 19 of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified this Lease in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission event said rent or other governmental agencies may be increased upon ninety (90) days noticepayment is unpaid after date due.
Appears in 1 contract
Sources: Lease Agreement (Intrusion Inc)
Rent. Tenant shall 2.1 Lessee agrees to pay as rent to Owner without deduction or offset on the first day of an annual base rental (hereinafter called “Annual Base Rental”) for each month:
3.1. The Monthly Rent may be increased at any time based on 90 days advance written notice year during Lease Term determined in accordance with this Paragraph. During the provisions first year of the Mobilehome Residency Law Lease Term, Annual Base Rental shall be (see Special Stipulations). The Annual Base Rental for each subsequent year of the Lease Term shall adjust according to the Rent Schedule described on Exhibit C and as allowed by state this reference incorporated herein. If the final period of the Lease Term is not equal to one year, Annual Base Rental for such partial year shall be prorated based on a 30 day month and local laws. a 360 day year.
2.2 Annual Base Rental shall be paid in equal monthly installments (hereinafter called “Base Rent”), said Base Rent and all other charges are due to be paid in advance on the first day of each month. Utility charges are also due by every calendar month (except that the first month’s rent shall be paid at the time this Lease is executed). For any partial month, Base Rent shall be adjusted on the basis of a 30 day month.
2.3 Upon execution of each month. Billed submetered utilities reflect prior usage last recordedthis Lease by Lessee, Lessee shall pay a deposit in the amount of Eighteen thousand one hundred and thirty four dollars and eighty eight cents ($18,134.88) (hereinafter called the “Security Deposit”), which Security Deposit may be applied by Lessor towards (but not necessarily in satisfaction of) Lessor’s damage or injury by virtue of any default by Lessee in the performance of Lessee’s covenants and obligations under this Lease. If at the entire amount owed by you expiration or other termination of this Lease the Security Deposit has not been previously applied and Lessee is not paid in default of any of its covenants, the Security Deposit shall be returned to Lessor without interest.
2.4 If Lessee shall commit more than two defaults of this Lease within any twelve month period, irrespective of whether such default is cured, then, without limiting the other rights and remedies of Lessor hereunder, the Security Deposit shall be automatically increased by 8:00 a.m. on the 6th day 100 percent of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents its current amount and other charges such increased amount shall be paid by check or money order. We may, however, upon 10 days’ Lessee to Lessor within five (5) days of written notice from Landlord of said default. Failure of Lessee to youtimely increase the Security Deposit as aforesaid shall be a default hereunder.
2.5 Lessee shall pay the rent and all other sums, require that payment be made in cashamounts, liabilities and obligations which Lessee herein assumes or agrees to pay or is liable for (whether designated Base Rent, additional rent, Common costs, taxes, insurance, costs, expenses, damages, loses, or its equivalentotherwise) (all of which are hereinafter called “Amount Due”) promptly at the time and in the manner herein specified without deduction, setoff, abatement, counterclaim or defense, and regardless of whether or not the Lease Term has previously ended. Monies If any Amount Due is not received for rent by Lessor on or utility payments may be applied before the date on which the same is due, Lessee shall pay Lessor interest on such Amount Due from the date on which the same was due until the date the same in actually paid at a rate per annum equal to the earliest outstanding sums lessor of (“first ini) the prime rate of interest announced by NationsBank, first out”Atlanta, Georgia (or successor thereto) despite payer’s instructions from time to time plus five percent (5%) or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due(ii) the maximum rate permitted by applicable usury law. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 Any Amount Due shall be assessed for each calendar month paid at such place or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days places as Lessor may from time to time designate in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34writing.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Rent. 3.1 Tenant shall agrees to pay as rent to Owner without deduction Landlord the Annual Rent in effect from time to time by paying the Monthly Installment of Rent then in effect on or offset on before the first day of each full calendar month during the Term, except that the first full month:
3.1’s rent shall be paid upon the execution of this Lease. The Monthly Installment of Rent may be increased in effect at any time based on 90 days advance written notice in accordance with the provisions shall be one-twelfth (1/12) of the Mobilehome Residency Law and as allowed by state and local lawsAnnual Rent in effect at such time. Rent for any period during the Term which is less than a full month shall be a prorated portion of the Monthly Installment of Rent based upon the number of days in such month. Said rent shall be paid to Landlord, without deduction or offset and all other charges are due in advance without notice or demand, at the Rent Payment Address, as set forth on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recordedReference Pages, or to such other person or at such other place as Landlord may from time to time designate in writing. If an Event of Default occurs, Landlord may require by notice to Tenant that all subsequent rent payments be made by an automatic payment from Tenant’s bank account to Landlord’s account, without cost to Landlord. Tenant must implement such automatic payment system prior to the entire amount owed next scheduled rent payment or within ten (10) days after Landlord’s notice, whichever is later. Unless specified in this Lease to the contrary, all amounts and sums payable by you Tenant to Landlord pursuant to this Lease shall be deemed additional rent.
3.2 Tenant recognizes that late payment of any rent or other sum due under this Lease will result in administrative expense to Landlord, the extent of which additional expense is extremely difficult and economically impractical to ascertain. Tenant therefore agrees that if rent or any other sum is not paid by 8:00 a.m. on within seven (7) days after the 6th day of each monthdate when due and payable pursuant to this Lease, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”shall be imposed in an amount equal to five percent (5%) ten percent (10%) of the unpaid rent or other payment. You must also pay us a handling The amount of the late charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money orderTenant shall be reassessed and added to Tenant’s obligation for each successive month until paid. We may, however, upon 10 days’ written notice The provisions of this Section 3.2 in no way relieve Tenant of the obligation to you, require that payment be made in cash, or its equivalent. Monies received for pay rent or utility other payments may be applied to on or before the earliest outstanding sums (“first indate on which they are due, first out”) despite payer’s instructions or endorsements purporting to restrict application nor do the terms of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored this Section 3.2 in any available recreational vehicle storage are subject way affect Landlord’s remedies pursuant to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject Article 19 of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified this Lease in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission event said rent or other governmental agencies may be increased upon ninety (90) days noticepayment is unpaid after date due.
Appears in 1 contract
Rent. 3.1 Tenant shall agrees to pay as rent to Owner without deduction Landlord the Annual Rent in effect from time to time by paying the Monthly Installment of Rent then in effect on or offset on before the first day of each full calendar month during the Term, except that the eighth’s full month:
3.1’s rent (subject to the Abated Monthly Installment of Rent as described in Section 3.3 below) shall be paid upon the execution of this Lease. The Monthly Installment of Rent may be increased in effect at any time shall be one-twelfth (1/12) of the Annual Rent in effect at such time. Rent for any period during the Term which is less than a full month shall be a prorated portion of the Monthly Installment of Rent based upon the number of days in such month. Said rent shall be paid to Landlord, without deduction or offset (except as otherwise expressly provided in this Lease) and without notice or demand, at the Rent Payment Address, as set forth on 90 the Reference Pages, or to such other person or at such other place as Landlord may from time to time designate in writing. If more than one (1) Event of Default occurs in any twelve (12) month period during the Term, Landlord may require by notice to Tenant that all subsequent rent payments be made by an automatic payment from Tenant’s bank account to Landlord’s account, without cost to Landlord. Tenant must implement such automatic payment system prior to the next scheduled rent payment or within twenty (20) days advance written notice after Landlord’s notice, whichever is later. Unless specified in this Lease to the contrary, all amounts and sums payable by Tenant to Landlord pursuant to this Lease shall be deemed additional rent.
3.2 Tenant recognizes that late payment of any rent or other sum due under this Lease will result in administrative expense to Landlord, the extent of which additional expense is extremely difficult and economically impractical to ascertain. Tenant therefore agrees that if rent or any other sum is not paid when due and payable pursuant to this Lease, a late charge shall be imposed in an amount equal to the greater of: (a) Fifty Dollars ($50.00), or (b) five percent (5%) of the unpaid rent or other payment; provided, however, that Tenant shall be entitled to a grace period of five (5) days for the first late payment in a calendar year. The amount of the late charge to be paid by Tenant shall be reassessed and added to Tenant’s obligation for each successive month until paid. The provisions of this Section 3.2 in no way relieve Tenant of the obligation to pay rent or other payments on or before the date on which they are due, nor do the terms of this Section 3.2 in any way affect Landlord’s remedies pursuant to Article 19 of this Lease in the event said rent or other payment is unpaid after date due.
3.3 Notwithstanding anything in this Lease to the contrary, so long as there exists no Event of Default by Tenant under this Lease, Tenant shall be entitled to an abatement of Monthly Installment of Rent with respect to the Premises, as originally described in this Lease, in the amount of $123,941.35 for the period commencing March 1, 2015 and continuing through September 30, 2015 (the “Rent Abatement Period”). The maximum total amount of Monthly Installment of Rent abated with respect to the Premises in accordance with the provisions foregoing shall equal $867,589.45 (the “Abated Monthly Installment of Rent”). If Tenant defaults under this Lease at any time during the Term (as the same may be extended) and fails to cure such default within any applicable cure period under this Lease, then all unamortized Abated Monthly Installment of Rent (i.e. based upon the amortization of the Mobilehome Residency Law Abated Monthly Installment of Rent in equal monthly amounts, without interest, during the period commencing on the Commencement Date and ending on the original Termination Date) shall immediately become due and payable. Only Monthly Installment of Rent shall be abated pursuant to this Section, as allowed by state and local laws. Rent more particularly described herein, and all other charges are due in advance on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you is not paid by 8:00 a.m. on the 6th day of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents rent and other costs and charges specified in this Lease shall be paid by check or money order. We may, however, upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied remain as due and payable pursuant to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application provisions of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay latethis Lease.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Sources: Lease (Ellipse Technologies Inc)
Rent. Commencing as of October 1, 2008, Tenant shall pay as directly to the Landlord, or Landlord’s representative if Tenant is so notified, annual rent to Owner without deduction or offset on (“Annual Rent”) in the first day amount of each month:
3.1. The Monthly Rent may Thirty-Six Million Eighty-Six Thousand Five Hundred Dollars ($36,086,500.00), which will be increased at any time based on 90 days advance written notice payable in accordance with the provisions equal monthly installments of the Mobilehome Residency Law Three Million Seven Thousand Two Hundred and as allowed by state Eight Dollars and local laws. Rent and all other charges are due Thirty-Three Cents ($3,007,208.33) in advance on the first day of each calendar month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you is not paid by 8:00 a.m. on the 6th day of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money order. We may, however, upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services Annual Rent may be increased at in future years, provided that no increase in Annual Rent hereunder may contravene, or constitute a default under, any time agreement, indenture, instrument or other commitment legally binding upon Landlord and/or Tenant, or to which the Premises are subject (“Commitments”). Any proposed increase to the prior year’s Annual Rent shall be jointly reviewed by Landlord and Tenant for consistency with then-applicable Commitments, with any such increase to be confirmed by the parties in accordance writing prior to its effectiveness. The delay or failure of either party in computing the Annual Rent increase or executing a written statement of confirmation of such Annual Rent increase will not impair the continuing obligation of Tenant to pay Annual Rent. All amounts payable by Tenant pursuant to this Lease Agreement, including, without limiting the foregoing, Annual Rent, and any other sums, costs, expenses or deposits that Tenant in any of the provisions of this Lease Agreement assumes or agrees to pay and/or deposit, shall constitute “Rent” under this Lease. Rent may be prepaid by Tenant on a monthly, quarterly or semiannual basis with the rates established by these other parties and no advance notice consent of increases in these rates will be given to Tenant by OwnerLandlord.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Rent. A. Tenant shall agrees to pay as Landlord the fixed rent to Owner without deduction or offset of Ninety-eight Thousand, Four Hundred Dollars ($98,400.00) per annum in monthly installments of Eight Thousand, Two Hundred Dollars ($8,200.00), each in advance, on the first day of each month:month during the term of this Lease.
3.1. The Monthly Rent may be increased at any time based on 90 days advance written notice in accordance with the provisions of the Mobilehome Residency Law and as allowed by state and local laws. Rent and all other charges are due in advance on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you is not paid by 8:00 a.m. on the 6th day of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges B. Rental shall be paid by check Tenant to Landlord at the address set forth above (or money order. We may, however, upon 10 days’ written to such other party and address as Landlord may designate by notice to youTenant) without demand, require counterclaim, offset or deduction.
C. All payments made by Tenant on account of this Lease shall be subject to collection. Tenant agrees to pay to Landlord as additional rent a service charge of One Hundred ($100.00) Dollars for any check of Tenant or other entity paying rent on behalf of Tenant which is dishonored. In addition, Tenant agrees that payment if any such check shall be dishonored, Landlord shall have the right to demand that all future Payments by Tenant be made in cashthe form of certified or cashier's checks.
D. In addition to the rental provided for in this Lease, all taxes (e.g., excise, sales or its equivalent. Monies received for rent or utility payments use) other than income taxes, which may be applied levied upon the rent provided for under this Lease shall be paid by Tenant to Landlord and Landlord shall transmit such tax payments to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay lateproper authorities.
3.2E. Tenant shall also pay its proportionate share of the costs and expenses incurred by Landlord in snow and ice removal. All utility charges billed to Said proportionate share for the Demised Premises is three and eight-tenths percent (3.8%). Payment for said proportionate share shall be due within ten (10) days of presentation of a Statement from Landlord. Payment(s) due from Tenant for its proportionate share of the costs and expenses incurred by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission Landlord in snow and other governmental agencies. Therefore charges for these utilities and services may ice removal shall be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billingconsidered additional rent.
3.4F. Tenant shall pay Landlord, if required by Landlord, a Late Charge of five (5%) percent of any installment of rent due hereunder which is made more than ten (10) days after the due date thereof in compensation for the added expense of handling delinquent payments. The Guest charge listed on page 1 An additional Late Charge shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34payment remains delinquent.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Rent. Section 3.1 During the term of this Lease, Tenant shall agrees to pay as rent to Owner without deduction Landlord, [***] ($[***]) Dollars per annum, payable in equal monthly installments of $[***] on or offset on before the first day of each month:month (the “Base Rent”), which Base Rent shall increase on each anniversary of the Commencement Date by an amount equal to the then-current Base Rent multiplied by three (3%) percent. Notwithstanding the preceding, Tenant shall not be obligated to pay Base Rent during the first ninety days following the Commencement Date.
3.1. The Monthly Section 3.2 Any sums of money required to be paid under this Lease by Tenant in addition to the Base Rent herein provided, shall be deemed “Additional Rent” due and payable after demand therefor with the Base Rent next due or as may be increased at any time based on 90 days advance written notice otherwise provided herein. Such Additional Rent shall be deemed to be and shall constitute “Rent” hereunder and shall be collectible in accordance the same manner and with the provisions same remedies as if they had been Base Rent originally reserved herein. Tenant’s obligation to pay Additional Rent accruing during the term of the Mobilehome Residency Law and as allowed by state and local laws. Rent and all other charges are due in advance on Lease shall survive the first day earlier termination and/or expiration of each month. Utility charges are also due by the first day term of each month. Billed submetered utilities reflect prior usage last recordedthis Lease. If the entire amount owed by you is not paid by 8:00 a.m. on the 6th day of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in Landlord receives from Tenant any payment less than the sum set forth for “NSF” checks (returned by of the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents monthly Rent, including Additional Rent, and other charges shall be paid by check then due and owing, Landlord, in its sole discretion, may allocate such payment in whole or money order. We may, however, upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied part to the earliest outstanding sums (“first inBase Rent, first out”) despite payer’s instructions any Additional Rent, and/or other charge then due or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay lateany combination thereof.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Sources: Lease Agreement (NTN Buzztime Inc)
Rent. 3.1 Tenant shall agrees to pay as rent to Owner without deduction Landlord the Annual Rent in effect from time to tie by paying the Monthly Installment of Rent then in effect on or offset on before the first day of each full calendar month during the Term, except that the first month:
3.1's rent shall be paid upon the execution of this Lease. The Monthly Installment of Rent may be increased in effect at any time based on 90 days advance written notice in accordance with the provisions shall be one-twelfth of the Mobilehome Residency Law and as allowed by state and local lawsAnnual Rent in effect at such time. Rent and all other charges are due in advance on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you is not paid by 8:00 a.m. on the 6th day of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason period during the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges Term whish is less than a full month shall be paid by check or money order. We may, however, a prorated portion of the Monthly Installment of Rent based upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days day month. Said rent shall be paid to Landlord, without deduction or offset and without notice or demand, at the Landlord's address, as set forth on the Reference Page, Or to such other person or at such other place as Landlord may from time to time designate in writing.
3.2 Tenant recognizes that late payment of any rent or other sum due under this Lease will result in administrative expense to Landlord, the extent of which additional expense is extremely difficult and economically impractical to ascertain. Tenant therefore agrees that if rent or any other sum is not paid when due and payable pursuant to this Lease, a late charge shall be imposed in an amount equal to the greater of: (a) Fifty Dollars ($50.00), or (b) a sum equal to five percent (5%) per month of the unpaid rent or other payment. The amount of the late charge to be paid by Tenant shall be reassessed and added to Tenant's obligation for each successive monthly period until paid. The provisions of this Section 3.2 in no way relieve Tenant of the obligation to pay rent or other payments on or before the date on which they are due, nor do the terms of this Section 3.2 in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified way affect Landlord's remedies pursuant to Article 19 in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission event said rent or other governmental agencies may be increased upon ninety (90) days noticepayment is unpaid after date due.
Appears in 1 contract
Sources: Lease (Sk Technologies Corp)
Rent. (a) During the Early Occupancy Period and continuing until the Commencement Date, Tenant shall pay to Landlord for the Premises, or so much thereof as is tendered to Tenant, Interim Rent of sixty cents (60 cents) per rentable square foot per month.
(b) During the Term, Tenant shall pay to Landlord for the Premises, the Base Rent set forth in the Basic Lease Information. The Base Rent for any partial month shall be prorated at the rate of one-thirtieth (1/30th) of the Base Rent per day. Simultaneously with the execution of this Lease, Tenant shall pay to Landlord the Base Rent for the first full calendar month for which Base Rent is payable .
(c) Interim Rent, Equipment Area Base Rent (as defined in Section 13 below) and all charges and other amounts of any kind payable by Tenant to Landlord pursuant to this Lease shall be deemed additional rent. Additional rent for any partial month shall be prorated in the same manner as Base Rent. Landlord shall have the same remedies for default in the payment of additional rent as for default in the payment of Base Rent. Base Rent and additional rent are collectively sometimes hereinafter referred to Owner without deduction as rent. The Base Rent shall be subject to adjustment in the months and in the amounts shown in the Basic Lease Information.
(d) All rent shall be paid by Tenant to Landlord monthly, in advance, on or offset on before the first day of each month:
3.1. The Monthly Rent may be increased at any time based on 90 days advance written notice calendar month without prior demand, deduction or offset, in accordance with the provisions lawful money of the Mobilehome Residency Law and as allowed by state and local laws. Rent and all other charges are due in advance on the first day United States of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you is not paid by 8:00 a.m. on the 6th day of each monthAmerica at SFO OFFICE ASSOCIATES LLC, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money order. We may, however, upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇ ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇ ▇▇▇▇, ▇▇▇▇▇ ▇, ▇▇▇▇▇▇’s immediate family ▇▇▇▇, ▇▇ ▇▇▇▇▇ or to such other person or at such other place as defined Landlord may from time to time designate in writing. Payments made by check must be drawn either on a California financial institution or on a financial institution that is a member of the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34federal reserve system.
3.5. Guest fees (e) The parties agree that the rentable area of the Premises, the rent and charges for vehicle storage and utilities not regulated by all other sums calculated based upon the Public Utilities Commission or other governmental agencies may rentable area under this Lease shall be increased upon ninety (90) days noticerecalculated as provided in Section 32 below prior to the Projected Delivery Date.
Appears in 1 contract
Sources: Office Lease (Megabios Corp)
Rent. 3.01. Tenant shall pay as rent to Owner without deduction or offset on the first day of each month:
3.1. The Monthly Fixed Rent may be increased at any time based on 90 days advance written notice in accordance with the provisions of the Mobilehome Residency Law and as allowed by state and local laws. Rent and all other charges are due equal monthly installments in advance on the first day of each monthand every calendar month during the Term (except that Tenant shall pay, upon the execution and delivery of this Lease by Tenant, the Advance Rent, to be applied against the first installment or installments of Fixed Rent becoming due under this Lease). Utility charges are also due by If the Commencement Date occurs on a day other than the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you is not paid by 8:00 a.m. on the 6th day of each a calendar month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”the Fixed Rent for the partial calendar month at the commencement of the Term shall be prorated.
3.02. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges The Rent shall be paid in lawful money of the United States to Landlord at its office, or such other place, or Landlord's agent, as Landlord shall designate by notice to Tenant. Tenant shall pay the Rent promptly when due without notice or demand therefor and without any abatement, deduction or setoff for any reason whatsoever, except as may be expressly provided in this Lease. If Tenant makes any payment to Landlord by check, same shall be by check or money order. We may, however, upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received Tenant and Landlord shall not be construed as required to accept the check of any other Person, and any check received by Landlord shall be deemed received subject to collection. If any check is mailed by Tenant, Tenant shall post such check in sufficient time prior to the date when payment is due so that such check will be received by Landlord on or before the date when payment is due. Tenant shall assume the risk of lateness or failure of delivery of the mails, and no lateness or failure of the mails will excuse Tenant from its obligation to have made the payment in question when required under this Lease.
3.03. No payment by Tenant or receipt or acceptance by Landlord of a lesser amount than the correct Rent shall be deemed to be other than a payment on account, nor shall any endorsement or statement on any check or any letter accompanying any check or payment be deemed an accord and satisfaction satisfaction, and Landlord may accept such check or release payment without prejudice to Landlord's right to recover the balance or pursue any other remedy in this Lease or at law provided.
3.04. If Tenant is in arrears in payment of other debtRent, despite ▇▇▇▇▇’s purported instructions Tenant waives Tenant's right, if any, to designate the items to which any payments made by Tenant are to be credited, and Landlord may apply any payments made by Tenant to such items as Landlord sees fit, irrespective of and notwithstanding any designation or endorsements request by Tenant as to the items to which any such payments shall be credited.
3.05. In the event that any installment of Rent due hereunder shall be overdue for a period of five (5) days after the due date, a "Late Charge" equal to four percent (4%) or the maximum rate permitted by law, whichever is less ("Late Payment Rate") for Rent so overdue may be charged by Landlord for each month or part thereof that the same remains overdue. In the event that any check tendered by Tenant to Landlord is returned for insufficient funds, Tenant shall pay to Landlord, in addition to the charge imposed by the preceding sentence, a fee of $25.00. Any such Late Charges if not previously paid shall, at the option of the Landlord, be added to and become part of the next succeeding Rent payment to be made hereunder. Notwithstanding anything herein contained to the contrary. The , Tenant shall not be assessed the within Late Charge one (1) time each Calendar Year of the Term for late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice payment of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored Rent, unless, in any available recreational vehicle storage are subject to preceding Calendar Year, Tenant has been late in the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject payment of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed Rent more than a total twenty two (202) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34times.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Rent. 3.1 Tenant shall agrees to pay as rent to Owner without deduction Landlord the Annual Rent in effect from time to time by paying the Monthly Installment of Rent then in effect on or offset on before the first day of each full calendar month during the Term, except that the first full month:
3.1's rent shall be paid upon the execution of this Lease. The Monthly Installment of Rent may be increased in effect at any time based on 90 days advance written notice in accordance with the provisions shall be one-twelfth (1/12) of the Mobilehome Residency Law and as allowed by state and local lawsAnnual Rent in effect at such time. Rent for any period during the Term which is less than a full month shall be a prorated portion of the Monthly Installment of Rent based upon the number of days in such month. Said rent shall be paid to Landlord, without deduction or offset and all other charges are due in advance without notice or demand, at the Rent Payment Address, as set forth on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recordedReference Pages, or to such other person or at such other place as Landlord may from time to time designate in writing. If an Event of Default occurs, Landlord may require by notice to Tenant that all subsequent rent payments be made by an automatic payment from Tenant's bank account to Landlord's account, without cost to Landlord. Tenant must implement such automatic payment system prior to the entire amount owed next scheduled rent payment or within ten (10) days after Landlord's notice, whichever is later. Unless specified in this Lease to the contrary, all amounts and sums payable by you Tenant to Landlord pursuant to this Lease shall be deemed additional rent.
3.2 Tenant recognizes that late payment of any rent or other sum due under this Lease will result in administrative expense to Landlord, the extent of which additional expense is extremely difficult and economically impractical to ascertain. Tenant therefore agrees that if rent or any other sum is not paid by 8:00 a.m. on the 6th day of each monthwhen due and payable pursuant to this Lease, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”shall be imposed in an amount equal to the greater of (a) Fifty Dollars ($50.00), or (b) six percent (6%) of the unpaid rent or other payment. You must also pay us a handling The amount of the late charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money orderTenant shall be reassessed and added to Tenant's obligation for each successive month until paid. We may, however, upon 10 days’ written notice The provisions of this Section 3.2 in no way relieve Tenant of the obligation to you, require that payment be made in cash, or its equivalent. Monies received for pay rent or utility other payments may be applied to on or before the earliest outstanding sums (“first indate on which they are due, first out”) despite payer’s instructions or endorsements purporting to restrict application nor do the terms of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored this Section 3.2 in any available recreational vehicle storage are subject way affect Landlord's remedies pursuant to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject Article 19 of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified this Lease in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission event said rent or other governmental agencies may be increased upon ninety (90) days noticepayment is unpaid after date due.
Appears in 1 contract
Sources: Lease (Scolr Inc)
Rent. 3.1 Tenant shall agrees to pay as rent to Owner without deduction Landlord the Annual Rent in effect from time to time by paying the Monthly Installment of Rent then in effect on or offset on before the first day of each month:
3.1full calendar month during the Terms, except that the first full mouth’s rent shall be paid upon the execution of this Lease. The Monthly Installment of Rent may be increased in effect at any time based on 90 days advance written notice in accordance with the provisions shall be one-twelfth (1/12) of the Mobilehome Residency Law and as allowed by state and local lawsAnnual Rent in effect at such time. Rent for any period during the Term which is less than a full month shall be a prorated portion of the Monthly Installment of Rent based upon the number of days in such month. Said rent shall be paid to Landlord, without deduction or offset and all other charges are due in advance without notice or demand, at the Rent Payment Address, as set forth on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recordedReference Pages, or to such other person or at such other place as Landlord may from time to time designate in writing. If an Event of Default occurs, Landlord may require by notice to Tenant that all subsequent rent payments be made by an automatic payment from Tenant’s bank account to Landlord’s account, without cost to Landlord. Tenant must implement such automatic payment system prior to the entire amount owed next scheduled rent payment or within ten (10) days after Landlord’s notice, whichever is later. Unless specified in this Lease to the contrary, all amounts and sums payable by you Tenant to Landlord pursuant to this Lease shall be deemed additional rent.
3.2 Tenant recognizes that late payment of any rent or other sum due under this Lease will result in administrative expense to Landlord, the extent of which additional expense is extremely difficult and economically impractical to ascertain. Tenant therefore agrees that if rent or any other sum is not paid by 8:00 a.m. on the 6th day of each monthwhen due and payable pursuant to this Lease, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”shall be imposed in an amount equal to the greater of (a) Fifty Dollars ($50.00), or (b) six percent (6%) of the unpaid rent or other payment. You must also pay us a handling The amount of the late charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money orderTenant shall be reassessed and added to Tenant’s obligation for each successive month until paid. We may, however, upon 10 days’ written notice The provisions of this Section 3.2 in no way relieve Tenant of the obligation to you, require that payment be made in cash, or its equivalent. Monies received for pay rent or utility other payments may be applied to on or before the earliest outstanding sums (“first indate on which they are due, first out”) despite payer’s instructions or endorsements purporting to restrict application nor do the terms of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored this Section 3.2 in any available recreational vehicle storage are subject way affect Landlord’s remedies pursuant to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject Article 19 of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified this Lease in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission event said rent or other governmental agencies may be increased upon ninety (90) days noticepayment is unpaid after date due.
Appears in 1 contract
Rent. 3.1 Tenant shall agrees to pay as rent to Owner without deduction Landlord the Annual Rent in effect from time to time by paying the Monthly Installment of Rent then in effect on or offset on before the first day of each full calendar month during the Term, except that the first month:
3.1's rent shall be paid upon the execution of this Lease. The Monthly Installment of Rent may be increased in effect at any time based on 90 days advance written notice in accordance with the provisions shall be one-twelfth of the Mobilehome Residency Law and as allowed by state and local lawsAnnual Rent in effect at such time. Rent and all other charges are due in advance on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you is not paid by 8:00 a.m. on the 6th day of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason period during the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges Term which is less than a full month shall be paid by check or money order. We may, however, a prorated portion of the Monthly Installment of Rent based upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days day month. Said rent shall be paid to Landlord, without deduction or offset and without notice or demand, at the Landlord's address, as set forth on the Reference Page, or to such other person or at such other place as Landlord may from time to time designate in writing.
3.2 Tenant recognizes that late payment of any rent or other sum due under this Lease will result in administrative expense to Landlord, the extent of which additional expense is extremely difficult and economically impractical to ascertain. Tenant therefore agrees that if rent or any other sum is not paid when due and payable pursuant to this Lease, a late charge shall be imposed in an amount equal to the greater of: (a) Fifty Dollars ($50.00), or (b) a sum equal to five percent (5%) per month of the unpaid rent or other payment. The amount of the late charge to be paid by Tenant shall be reassessed and added to Tenant's obligation for each successive monthly period until paid. The provisions of this Section 3.2 in no way relieve Tenant of the obligation to pay rent or other payments on or before the date on which they are due, nor do the terms of this Section 3.2 in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified way affect Landlord's remedies pursuant to Article 18 in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission event said rent or other governmental agencies may be increased upon ninety (90) days noticepayment is unpaid after date due.
Appears in 1 contract
Sources: Lease (Globecomm Systems Inc)
Rent. 3.1 Tenant shall agrees to pay as rent to Owner without deduction Landlord the Annual Rent in effect from time to time by paying the Monthly Installment of Rent then in effect on or offset on before the first day of each foil calendar month during the Term, except that the first foil month:
3.1’s rent shall be paid upon the execution of this Lease. The Monthly Installment of Rent may be increased in effect at any time based on 90 days advance written notice in accordance with the provisions shall be one-twelfth (1/12) of the Mobilehome Residency Law and as allowed by state and local lawsAnnual Rent in effect at such time. Rent for any period during the Term which is less than a foil month shall be a prorated portion of the Monthly Installment of Rent based upon the number of days in such month. Said rent shall be paid to Landlord, without deduction or offset and all other charges are due in advance without notice or demand, at the Rent Payment Address, as set forth on the first day Reference Pages, or to such other person or at such other place as Landlord may from time to time designate in writing. Unless specified in this Lease to the contrary, all amounts and sums payable by Tenant to Landlord pursuant to this Lease shall be deemed additional rent.
3.2 Tenant recognizes that late payment of each monthany rent or other sum due under this Lease will result in administrative expense to Landlord, the extent of which additional expense is extremely difficult and economically impractical to ascertain. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you Tenant therefore agrees that if rent or any other sum is not paid by 8:00 a.m. on the 6th day within five (5) days of each monthwhen due and payable pursuant to this Lease, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”shall be imposed in an amount equal to the greater of:
(a) Fifty Dollars ($50.00), or (b) five percent (5%) of the unpaid rent or other payment. You must also Notwithstanding the foregoing, Landlord agrees not to charge such late fee the first two times in any twelve (12) month period during the Term Tenant is late with such payment until Landlord has given Tenant written notice of its failure to pay us a handling and Tenant has failed to pay such amount within five (5) days thereof. The amount of the late charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money orderTenant shall be reassessed and added to Tenant’s obligation for each successive month until paid. We may, however, upon 10 days’ written notice The provisions of this Section 3.2 in no way relieve Tenant of the obligation to you, require that payment be made in cash, or its equivalent. Monies received for pay rent or utility other payments may be applied to on or before the earliest outstanding sums (“first indate on which they are due, first out”) despite payer’s instructions or endorsements purporting to restrict application nor do the terms of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored this Section 3.2 in any available recreational vehicle storage are subject way affect Landlord’s remedies pursuant to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject Article 19 of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified this Lease in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission event said rent or other governmental agencies may be increased upon ninety (90) days noticepayment is unpaid after date due.
Appears in 1 contract
Sources: Lease (Acutus Medical, Inc.)
Rent. 3.1 Tenant shall agrees to pay as rent to Owner without deduction Landlord the Annual Rent in effect from time to time by paying the Monthly Installment of Rent then in effect on or offset on before the first day of each full calendar month during the Term, except that the first full month:
3.1's rent shall be paid upon the execution of this Lease. The Monthly Installment of Rent may be increased in effect at any time based on 90 days advance written notice in accordance with the provisions shall be one-twelfth (1/12) of the Mobilehome Residency Law and as allowed by state and local lawsAnnual Rent in effect at such time. Rent for any period during the Term which is less than a full month shall be a prorated portion of the Monthly Installment of Rent based upon the number of days in such month. Said rent shall be paid to Landlord, without deduction or offset and all other charges are due in advance without notice or demand, at the Rent Payment Address, as set forth on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recordedReference Pages, or to such other person or at such other place as Landlord may from time to time designate in writing. If an Event of Default occurs, Landlord may require by notice to Tenant that all subsequent rent payments be made by an automatic payment from Tenant's bank account to Landlord's account, without cost to Landlord. Tenant must implement such automatic payment system prior to the entire amount owed next scheduled rent payment or within ten (10) days after Landlord's notice, whichever is later. Unless specified in this Lease to the contrary, all amounts and sums payable by you Tenant to Landlord pursuant to this Lease shall be deemed additional rent.
3.2 Tenant recognizes that late payment of any rent or other sum due under this Lease will result in administrative expense to Landlord, the extent of which additional expense is extremely difficult and economically impractical to ascertain. Tenant therefore agrees that if rent or any other sum is not paid by 8:00 a.m. on the 6th day of each monthwhen due and payable pursuant to this Lease, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”shall be imposed in an amount equal to the greater of:
(a) Fifty Dollars ($50.00), or (b) six percent (6%) of the unpaid rent or other payment. You must also pay us a handling The amount of the late charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money order. We may, however, upon 10 days’ written notice Tenant shall be reassessed and added to you, require that payment be made in cash, or its equivalent. Monies received Tenant's obligation for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific each successive month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contraryuntil paid. The late charges are not a grace period or an option charge shall be waived if Tenant's payment is late due to forces beyond reasonable control of the Tenant. The provisions of this Section 3.2 in no way relieve Tenant of the obligation to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner rent or other payments on or before the date on which they are set by due, nor do the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice terms of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored this Section 3.2 in any available recreational vehicle storage are subject way affect Landlord's remedies pursuant to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject Article 19 of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified this Lease in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission event said rent or other governmental agencies may be increased upon ninety (90) days noticepayment is unpaid after date due.
Appears in 1 contract
Sources: Office Lease (Biotel Inc.)
Rent. 3.1 Tenant shall agrees to pay as rent to Owner without deduction Landlord the Annual Rent in effect from time to time by paying the Monthly Installment of Rent then in effect on or offset on before the first day of each full calendar month during the Term, except that the first full month:
3.1's rent shall be paid upon the execution of this Lease. The Monthly Installment of Rent may be increased in effect at any time based on 90 days advance written notice in accordance with the provisions shall be one-twelfth (1/12) of the Mobilehome Residency Law and as allowed by state and local lawsAnnual Rent in effect at such time. Rent for any period during the Term which is less than a full month shall be a prorated portion of the Monthly Installment of Rent based upon the number of days in such month. Said rent shall be paid to Landlord, without deduction or offset and all other charges are due in advance without notice or demand, at the Rent Payment Address, as set forth on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recordedReference Pages, or to such other person or at such other place as Landlord may from time to time designate in writing. If an Event of Default occurs, Landlord may require by notice to Tenant that all subsequent rent payments be made by an automatic payment from Tenant's bank account to Landlord's account, without cost to Landlord. Tenant must implement such automatic payment system prior to the entire amount owed next scheduled rent payment or within ten (10) days after Landlord's notice, whichever is later. Unless specified in this Lease to the contrary, all amounts and sums payable by you Tenant to Landlord pursuant to this Lease shall be deemed additional rent.
3.2 Tenant recognizes that late payment of any rent or other sum due under this Lease will result in administrative expense to Landlord, the extent of which additional expense is extremely difficult and economically impractical to ascertain. Tenant therefore agrees that if rent or any other sum is not paid by 8:00 a.m. on the 6th day of each monthwithin seven (7) days after due and payable pursuant to this Lease, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”shall be imposed in an amount equal to the greater of: (a) Fifty Dollars ($50.00), or (b) four percent (4%) of the unpaid rent or other payment. You must also pay us a handling The amount of the late charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money orderTenant shall be reassessed and added to Tenant's obligation for each successive month until paid. We may, however, upon 10 days’ written notice The provisions of this Section 3.2 in no way relieve Tenant of the obligation to you, require that payment be made in cash, or its equivalent. Monies received for pay rent or utility other payments may be applied to on or before the earliest outstanding sums (“first indate on which they are due, first out”) despite payer’s instructions or endorsements purporting to restrict application nor do the terms of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored this Section 3.2 in any available recreational vehicle storage are subject way affect Landlord's remedies pursuant to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject Article 19 of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified this Lease in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission event said rent or other governmental agencies may be increased upon ninety (90) days noticepayment is unpaid after date due.
Appears in 1 contract
Sources: Lease (Home Interiors & Gifts Inc)
Rent. Tenant shall pay The total Rent (as rent to Owner defined below) for the initial Term of this Lease is set out in the Summary of Lease Terms and Defined Terms above (the “Summary”). Monthly payments of Rent are payable in advance, without deduction demand, and in full without proration or offset setoff, on the first day of each month:
3.1calendar month for the entire month and shall be paid at the address set forth in the Summary or at such other place as Landlord may designate by advance written notice to Tenant. The Monthly Rent may be increased at paid by ePayment or other form of electronic payment (processing fees may apply), or by personal check or money order delivered to the address listed in the Summary. No payments to Landlord under this Lease shall be paid in cash. In accordance with the Lease and Title 55, Chapter 13.2, Code of Virginia (1950), as amended (the “VRLTA”), “Rent” means all money, other than a security deposit, owed or paid to Landlord under this Lease, including prepaid Rent paid more than one month in advance of the Rent due date. Any fees, late penalties or other amounts that may be due under the Lease (other than Monthly Rent and any time based on 90 days advance written notice Security Deposits), shall be considered additional Rent due, and failure to pay any such amounts will be considered non-payment of Rent under this Lease, and Landlord may exercise its remedies under this Lease. All Rent received shall be applied to the oldest charge(s) first. When more than one Tenant has signed this Lease, the Tenants are jointly and severally liable and responsible for all Rent and any other payments made in connection with this Lease. Landlord is authorized to accept prepaid Rent in accordance with the provisions of the Mobilehome Residency Law VRLTA. Upon the written request of Tenant, Landlord shall provide Tenant(s) with an accounting of charges and as allowed by state and local laws. Rent and all other charges are due in advance on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you is not paid by 8:00 a.m. on the 6th day of each month, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money order. We may, however, upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay late.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by OwnerVRLTA.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Sources: Lease Agreement
Rent. 3.1 Tenant shall agrees to pay as rent to Owner without deduction Landlord the Annual Rent in effect from time to time by paying the Monthly Installment of Rent then in effect on or offset on before the first day of each full calendar month during the Term, except that the first full month:
3.1’s rent shall be paid upon the execution of this Lease. The Monthly Installment of Rent may be increased in effect at any time shall be one-twelfth (1/12) of the Annual Rent in effect at such time. Rent for any period during the Term which is less than a full month shall be a prorated portion of the Monthly Installment of Rent based upon the number of days in such month. Said rent shall be paid to Landlord, without deduction or offset and without notice or demand, at the Rent Payment Address, as set forth on 90 the Reference Pages, or to such other person or at such other place as Landlord may from time to time designate in writing. If an Event of Default occurs, Landlord may require by notice to Tenant that all subsequent rent payments be made by an automatic payment from Tenant’s bank account to Landlord’s account, without cost to Landlord. Tenant must implement such automatic payment system prior to the next scheduled rent payment or within ten (10) days advance after Landlord’s notice, whichever is later. Unless specified in this Lease to the contrary, all amounts and sums payable by Tenant to Landlord pursuant to this Lease shall be deemed additional rent.
3.2 Tenant recognizes that late payment of any rent or other sum due under this Lease will result in administrative expense to Landlord, the extent of which additional expense is extremely difficult and economically impractical to ascertain. Tenant therefore agrees that if rent or any other sum is not paid when due and payable pursuant to this Lease, a late charge shall be imposed in an amount equal to the greater of: (a) Fifty Dollars ($50.00), or (b) five percent (5%) of the unpaid rent or other payment; provided that Tenant shall be entitled to a grace period of 5 days for the first late payments of Rent in any 12 month period before such late fee shall apply. The amount of the late charge to be paid by Tenant shall be reassessed and added to Tenant’s obligation for each successive month until paid. The provisions of this Section 3.2 in no way relieve Tenant of the obligation to pay rent or other payments on or before the date on which they are due, nor do the terms of this Section 3.2 in any way affect Landlord’s remedies pursuant to Article 19 of this Lease in the event said rent or other payment is unpaid after date due.
3.3 Notwithstanding anything in this Lease to the contrary, so long as Tenant is not then in default under this Lease following written notice thereof, Tenant shall be entitled to an abatement of Monthly Installment of Rent solely with respect to the Initial Premises for the first forty-five (45) days of the Term (the “Monthly Rent Abatement Period”), in accordance with the amount of $999.85 per day, which totals $44,993.03 (the “Abated Rent”). During the Monthly Rent Abatement Period, only Monthly Installment of Rent for the Initial Premises shall be abated as set forth above, and Tenant’s Proportionate Share of Expenses, Taxes and Insurance Costs for the Initial Premises, and all other costs and charges specified in this Lease, shall remain as due and payable pursuant to the provisions of the Mobilehome Residency Law and as allowed by state and local laws. Rent and all other charges are due in advance on the first day of each month. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you is not paid by 8:00 a.m. on the 6th day of each monththis Lease, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”. You must also pay us a handling charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money order. We may, however, upon 10 days’ written notice to you, require that payment be made in cash, or its equivalent. Monies received for rent or utility payments may be applied except to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contrary. The late charges are not a grace period or an option to pay lateextent expressly provided in Section 4.7 below.
3.2. All utility charges billed to Tenant by Owner during each month. (Please note: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Rent. 3.1 Unless specified in this Lease to the contrary, all amounts and sums payable by Tenant to Landlord pursuant to this Lease, including but not limited to Base Rent, Additional Rent, deposits, late fees, and all charges or expenses hereunder, shall be deemed Rent. Tenant shall be responsible for any and all Additional Rent from the Commencement Date. Tenant shall be responsible for the payment of Rent from the Rent Commencement Date, and from that date forward, shall pay as rent to Owner without deduction Rent in advance on or offset on before the first day of each month:
3.1full calendar month during the Term. The Monthly Rent may due shall be increased at any time based on 90 days advance written notice in accordance with the provisions one-twelfth (1/12) of the Mobilehome Residency Law and as allowed by state and local lawsRent in effect at such time. Rent for any period during the Term which is less than a full month, shall be a prorated portion of the Rent based upon the number of days in such month. Rent shall be paid to Landlord, without deduction or offset and all other charges are due in advance without notice or demand, at the Rent Payment Address, as set forth on the first day Reference Pages, or to such other person or ay such other place as Landlord may from time to time designate in writing. In the event Tenant is late in the payment of each monthRent, more than two (2) time per calendar year, then Landlord may invoice Tenant and require them to make their Rent payments quarterly in advance.
3.2 Tenant recognizes the late payment of any Rent or other sum due under this Lease will result in administrative expense to Landlord, the extent of which additional expense is extremely difficult and economically impractical to ascertain. Utility charges are also due by the first day of each month. Billed submetered utilities reflect prior usage last recorded. If the entire amount owed by you Tenant therefore agrees that if Rent or any other sum is not paid by 8:00 a.m. on the 6th day of each monthwhen due and payable pursuant to this Lease, you must pay a late charge specified on page 1 “SUMMARY OF PROVISIONS”shall be imposed of an amount equal to the greater of:
(a) One Hundred Dollars ($100.00) or (b) ten percent (10%) of the unpaid Rent or other payment. You must also pay us a handling The amount of the late charge in the sum set forth for “NSF” checks (returned by the bank due to insufficient funds or for any other reason the bank gives) as specified on page 1 “SUMMARY OF PROVISIONS”. All rents and other charges shall be paid by check or money order. We may, however, upon 10 days’ written notice Tenant shall be reassessed and added to you, require that payment be made in cash, or its equivalent. Monies received Tenant’s obligation for rent or utility payments may be applied to the earliest outstanding sums (“first in, first out”) despite payer’s instructions or endorsements purporting to restrict application of payment to a specific each successive month or time period, or purporting to extinguish all arrearage due. Partial payments received shall not be construed as an accord and satisfaction or release of other debt, despite ▇▇▇▇▇’s purported instructions or endorsements to the contraryuntil paid. The late charges are not a grace period or an option provisions of this Section 3.2 in no way relieve Tenant of the obligation to pay lateRent or other payments on or before the date on which they are due, nor do the terms of this Section 3.2 in any way affect Landlord’s remedies pursuant to Article 19 of this Lease in the event said Rent or other payment is unpaid after the due date.
3.2. All utility charges billed to Tenant by Owner during each month. 3.3 Monthly Base Rent shall be: 4/1/20 – 3/31/21: $2,936.16 (Please note$0.72psf NNN) 4/1/21 – 3/31/22: Utility rates for utilities billed to Tenant by Owner are set by the Public Utilities Commission and other governmental agencies. Therefore charges for these utilities and services may be increased at any time in accordance with the rates established by these other parties and no advance notice of increases in these rates will be given to Tenant by Owner.$3,038.11 ($0.745psf NNN) 4/1/22 – 3/31/23: $3,140.06 ($0.77psf NNN)
3.3. Charges for recreational and other extra vehicles that may be stored in any available recreational vehicle storage are subject to the fees imposed by the Park’s Storage Agreement. Recreational vehicle storage is a separate obligation subject of separate agreement. Such fees may be stated on the monthly billing.
3.4. The Guest charge listed on page 1 shall be assessed for each calendar month or any portion thereof for each Guest who has stayed more than a total twenty (20) consecutive days or a total of thirty (30) days in any calendar year. Such guest fee shall commence the day after a Guest has exceeded the grace time specified in the preceding sentence and shall be payable in full for each calendar month or portion thereof. This additional charge for Guests shall not however apply if the Guest is a member of ▇▇▇▇▇▇’s immediate family as defined by the Mobilehome Residency Law or if the person occupies the homesite pursuant to Civil Code §798.34.
3.5. Guest fees and charges for vehicle storage and utilities not regulated by the Public Utilities Commission or other governmental agencies may be increased upon ninety (90) days notice.
Appears in 1 contract
Sources: Lease (1847 Holdings LLC)