Rental Clause Samples
The RENTAL clause defines the terms and conditions under which a tenant pays rent to a landlord for the use of a property. It typically specifies the amount of rent due, the payment schedule (such as monthly or quarterly), acceptable payment methods, and any provisions for late fees or rent increases. By clearly outlining these details, the clause ensures both parties understand their financial obligations and helps prevent disputes over payment, thereby providing predictability and stability in the landlord-tenant relationship.
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Rental. You may not rent, lease, or lend the SOFTWARE PRODUCT.
Rental. If this lease is extended for an additional term as provided for in the EXTENSION paragraph hereof, Lessee shall pay to Lessor the sum of Two and 50/100 Dollars ($2.50) per acre for the land covered hereby as delayed rental for the term of the extension. Rentals set at the time of established production shall be paid during the remaining life of this lease, annually, in advance, on or before each anniversary date hereof. There shall be no refund of unused rental.
Rental. Tenant shall pay to Landlord for the use and occupancy of the ------ Demised Premises during the first year of Initial Term an initial annual rental of $9.75 per square foot, payable in equal monthly installments of $6,402.50 in advance on or before the first day of each and every month beginning on the Completion Date. During the remainder of the Lease Term, base rent shall increase by three percent per year, effective on each 12-month anniversary date of the Completion Date. All rental payments provided herein shall be payable to Landlord, until notice to the contrary is given by Landlord. Tenant shall have no right to offset against rent hereunder. Any payment of rent not received on or before the first day of the month shall incur a late fee equal to fifty dollars ($50.00). In addition, any amounts of rent not paid when due hereunder shall bear interest at the rate of ten percent (10%) per annum from the date due until paid in full. As security for the faithful performance by Tenant throughout the term, and any extensions or renewals thereof, of all the terms and conditions of the Lease on the part of Tenant, Tenant shall deposit with Landlord the sum of $6,402.50 (the "Security Deposit") on the date Tenant executes and delivers this Lease to Landlord. Such amount shall be returned to Tenant, without interest, after the expiration of the Lease Term, provided Tenant has fully and faithfully observed and performed all of the terms, covenants, agreements, warranties and conditions hereof on its part to be observed and performed. Landlord shall have the right to apply all or any part of the Security Deposit toward the cure of any default of Tenant. If all or any part of said security deposit is so applied by Landlord, then Tenant shall immediately pay to Landlord an amount sufficient to return said security deposit to the balance on deposit with Landlord prior to said application, Neither Landlord nor its agents shall be required to keep the Security Deposit separate from their general accounts, it being agreed that the Security Deposit may be commingled with other funds of Landlord or of its agents. It is further agreed and acknowledged by Tenant that Landlord or its agents shall have the right to deposit the Security Deposit in an interest- bearing account, and all interest accrued on the Security Deposit shall belong to Landlord and will be retained by Landlord as its property.
Rental. In the event that the CONTRACTOR needs to rent a piece of equipment to complete the work being assigned, prior approval from the Project Manger shall be required. The cost of the rental shall be indicated on the estimate and the invoice. A copy of the invoice for the rental equipment shall be included with the invoice. CONTRACTOR shall be allowed to assess a percentage of up to fifteen percent (15%) over the cost of the rental. A copy of the rental invoice to CONTRACTOR shall accompany the invoice being submitted to the COUNTY. There will be no allowance for rental if it is reasonably ascertained that the equipment is needed to complete the work as outlined in the scope of work.
Rental. HK$205,000 per month (exclusive of management fee, air-conditioning charges, Government rent and rates), payable in advance on the first day of each calendar month
Rental. The Lessee agrees to pay to the Lessor as rental for said demised premises the sum of Ten Thousand Dollars ($10,000.00) per month on the first of each month for the duration of said lease.
Rental. Beginning on (“Rent Commencement Date”), Tenant agrees to pay Landlord (or its Agent as directed by Landlord), without notice, demand, deduction or set off, an annual rental of $ , payable in equal monthly installments of $ , in advance on the first day of each calendar month during the term hereof. Upon execution of this Lease, Tenant shall pay to Landlord the first monthly installment of rent due hereunder. Rental for any period during the term hereof which is less than one month shall be the pro-rated portion of the monthly installment of rental due, based upon a 30 day month. If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by % over the amount then payable hereunder. In the event renewal of this Lease is provided for in paragraph 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein shall apply to the term of the Lease so renewed, or If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by the greater of: (i) percent ( %) over the amount then payable hereunder, or, (ii) the percentage increase (but not any decrease) in the numerical index of the “Consumer Price Index for All Urban Consumers” (1982-84 = 100) published by the Bureau of Labor Statistics of the United States Department of Labor (“CPI”) for the immediately preceding twelve (12) month period over the amount then payable hereunder. If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every If this box is checked, Tenant shall pay all rental to Landlord’s Agent at the following address:
Rental. Lessee shall pay to Lessor as rent for the Premises the sum of $9,583 per month during the first year of the lease term.
Rental. The Lessee shall pay to the District as and for advance rental hereunder $1.00 per year or part thereof, or the aggregate sum of [$1.00 x number of years of lease], on or before the date of commencement of the Term of this Site Lease. The Lessee shall have no obligation to make rental payments hereunder in the event the Commencement Date of this Site Lease does not occur as a result of the District’s inability to issue a Notice to Proceed for the Project pursuant to the provisions of the Construction Services Agreement.
Rental. Lessee agrees to pay to Lessor rent (“Ground Lease Rent”) in the initial amount of $5.00 per month, subject to adjustment from time to time as provided below, payable in advance on the first day of each and every month during the term of this Lease commencing with the first day of the first month following the commencement of the term hereof; PROVIDED, HOWEVER, Lessee's payment to the Association of a monthly ground rent assessment pursuant to the provisions of Article VII and Article XXI of the CC&Rs, in an amount equal to Lessee's monthly rent hereunder, shall, as between Lessee and Lessor, constitute payment of said monthly rent for the applicable period. The monthly rent payable hereunder shall be subject to adjustment by the Lessor, at Lessor's discretion, based on and in direct proportion to the change in the Consumer Price Index of Urban Wage Earners and Clerical Workers (Revised Series), Los Angeles-Long Beach-Anaheim Average (1982=100) that has occurred since January 1, 2005, provided that in no event shall the rent hereunder be so increased more than 12% for any one year. All rent payable hereunder shall be paid without setoff, deduction, abatement, suspension or apportionment, and the obligations of Lessee hereunder shall not be released, discharged or otherwise affected by damage or destruction or condemnation of the property in which Lessee has an interest by virtue of this Lease, or termination of this Lease for any reason other than default of Lessor, or any other occurrence whatsoever, whether or not similar to the foregoing. All rentals hereunder and late charges thereon shall be payable in lawful money of the United States of America.
