Rental guarantee Sample Clauses

Rental guarantee. 2.1 At the beginning of the Rental Agreement, the Supplier may demand from the Client-Renter a sum as a guarantee and/or an advance. The guarantee is credited after the termination of the Rental Agreement on the invoice or transferred back after the Supplier has established that the Equipment Rented is still in good condition and that the Client- Renter has fulfilled all its obligations as set out in Art. 8 of the present Special Terms & Conditions, failing which the said guarantee sum will be retained in part or in full by the Supplier.
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Rental guarantee. Xxxxxx agrees to provide Landlord with a Rental Guarantee due prior to signing of Lease Contract. Tenant understands that person(s) signing this guarantee will be responsible for Tenant’s payment(s) upon default by Xxxxxx.
Rental guarantee. In case the Lessee wants to join the Rental Guarantee Program, he should notify the Lessor about it before the Lease Registration and the Lessee must purchase “Exclusive furniture package” from the Lessor which is a necessary condition for the Rental Guarantee Program. In this case, the Lessor guarantees to the Lessee to pay a rental return according to the chosen Option in Reservation Form (Annex A) after the Registration Date of the “Lease Price” mentioned in clause 3.1 and this rental return shall be payable within 30 days from the anniversary of the Registration Date. The Lessor allows the Lessee 15 day’s periods stay per year in the unit during within May 1st and October 31st during the Rental Guarantee period. Dates of stay must be agreed between both parties. The Lessor shall pay the Rental Guarantee Return to the Lessee’s account (The Rental Guarantee Return payments shall be made to the Lessee’s Thai Bank account in Thai Baht Only), the details of which the Lessee will provide to the Lessor in the additional Rental Guarantee Program Agreement which shall be signed by the Parties after the Registration Date. In the event the Lessee has changed the bank account, the Lessee shall notify to the Lessor in writing, otherwise, the Lessor is not liable thus the payment fails to go through to the Lessee. The Lessee may opt to switch from Rental Guarantee to Pool Rental Program by sending notice to the Lessor at least 60 days in advance. The Lessee may rent out the Unit only by joining either Rental Guarantee Program or Rental Pool program.
Rental guarantee. The rental guarantee is fixed at 2 months’ rent (standard price for furnished room rental), i.e. EUR for the rented room.
Rental guarantee. As security for all of its obligations under this agreement, the Lessee will provide a bank guarantee solely in favor of the Lessor that is issued by a recognized Belgian financial institution, in which an amount that is at least equivalent to six month’s rent is guaranteed. This guarantee will issued and the letter of guarantee will be handed to the Lessor before the lease enters into force. The bank guarantee will take effect when the leased premises are occupied. The bank guarantee can be validly claimed by the Lessor by just sending a registered letter to the bank and is payable at first request. The guarantee cannot be used under any circumstances by the Lessee for his other commitments, such as the payment of rent, to be fulfilled under this agreement. The guarantee expires six months after the termination of the lease agreement.
Rental guarantee. 1.1. If the buyer:-
Rental guarantee. 2.1 If the Buyer wishes to benefit from the provisions of this Schedule, it must comply with its obligations contained in this Schedule and appoint and retain the Approved Letting Agent and otherwise comply with the Buyer's obligations in this Schedule.
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Rental guarantee. If Broker takes longer than 21 days from the commencement of property marketing (placement on the MLS) to receive an acceptable tenant, Broker will credit Owner 2 month’s management fee. Broker and Owner must agree upon the asking lease price and prospective tenant must meet minimum Broker tenant standards (minimum FICO of 620, minimum gross income greater than three times the monthly rent and no late mortgage or rental payment in the previous 12 months). If Owner rejects a qualified applicant, guarantee shall not be in effect. Rental Guarantee
Rental guarantee. Subject to the Purchaser completing its obligations under the Contract of Sale and to the terms of this agreement, the Vendor hereby guarantees to the Purchaser for the period of 5 years commencing 14 days after Settlement (“Rental Guarantee Term”) a gross rental as follows: 1st Year An annual amount equal to 5% of the purchase price of the Land 2nd Year An annual amount equal to 5% of the purchase price of the Land 3rd Year An annual amount representing the rent for the 2nd year indexed by the Consumer Price Index 4th Year An annual amount representing the rent for the 3rd year indexed by the Consumer Price Index 5th Year An annual amount representing the rent for the 4th year indexed by the Consumer Price Index (“Rental Guarantee”) and the following conditions shall apply:
Rental guarantee. Upon signing of the lease, the lessee shall hand over to the lessor, by way of a guarantee, a cheque to the sum of BEF 1,656,000 (one million six hundred and fifty-six thousand francs), equivalent to six months' rental. This guarantee shall be returned to the lessee when it has created a bank guarantee as described below. To this end the lessee shall provide, to the exclusive benefit of the lessor, the irrevocable guarantee of a bank or an insurance company established in Belgium and accredited by the lessor, to pay all sums of any kind whatsoever that the lessee may owe the lessor by virtue of this lease. This guarantee shall be to an amount equivalent to six months' rent and must be adjusted every year on the basis of the indexed rental at that time, the date of the rental increase as stated in Article 6 above serving as formal notice. The guarantee shall be callable upon first request, notwithstanding any opposition by the lessee. Furthermore, this guarantee may only come to an end subject to the prior written agreement of the lessor, or failing this, further to a court decision, even if said agreement is given after the final date of expiration of the lease. It must state that the bank or insurance company providing it is perfectly acquainted with this lease, and more especially with this article. Upon expiration of the final period of the lease, the guarantee shall be restored to the lessee, once the latter has given proof of the complete fulfilment of all obligations incumbent upon it by virtue of the law and of this contract.
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