Common use of Returned Check Fees Clause in Contracts

Returned Check Fees. If a check is received by Landlord is returned by Tenant’s bank for any reason, Tenant agrees to pay Landlord a minimum returned check fee of $35.00 dollars and all additional fees Landlord incurs as a result of the returned check, in addition to the full Monthly Rent and any late fee due. Any and all amounts due to Landlord from Tenant under lease (including but not limited to late fees and returned check fees) are considered additional Rent and Tenant’s failure to pay any such amounts will have the same effect under this lease as Tenant’s failure to pay Monthly Rent. All returned checks must be replaced immediately with certified funds. In the event that Landlord receives a second returned check from Tenant at any time, all payment of future Rents must be in certified funds. Tenant understands that Tenant’s promise to pay Monthly Rent is independent of any of Landlord’s promises under this Lease and that under no circumstances may Resident withhold the payment of Monthly rent. Any payment of less than the full amount of Monthly Rent for a given month, regardless of endorsements to the contrary on a check or money order given by Tenant, may be accepted by Landlord and will only be deemed a partial payment “on account” of the full amount due.

Returned Check Fees. If a check is received by Landlord Xxxxxxxx is returned by TenantXxxxxx’s bank for any reason, Tenant Xxxxxx agrees to pay Landlord a minimum returned check fee of $35.00 dollars and all additional fees Landlord incurs as a result of the returned check, in addition to the full Monthly Rent and any late fee due. Any and all amounts due to Landlord from Tenant under lease (including but not limited to late fees and returned check fees) are considered additional Rent and Tenant’s failure to pay any such amounts will have the same effect under this lease as Tenant’s failure to pay Monthly Rent. All returned checks must be replaced immediately with certified funds. In the event that Landlord Xxxxxxxx receives a second returned check from Tenant at any time, all payment of future Rents must be in certified funds. Tenant understands that TenantXxxxxx’s promise to pay Monthly Rent is independent of any of Landlord’s promises under this Lease and that under no circumstances may Resident withhold the payment of Monthly rent. Any payment of less than the full amount of Monthly Rent for a given month, regardless of endorsements to the contrary on a check or money order given by TenantXxxxxx, may be accepted by Landlord and will only be deemed a partial payment “on account” of the full amount due.