Returned Checks. Borrower agrees to pay a returned check fee of 5% of the check ($15 max.) as allowed by applicable law, for each of Borrower’s checks returned to Lender for Insufficient funds or because the insured has no account in the payor bank.
Returned Checks. Checks which are returned unpaid because of insufficient funds will be forwarded a second time for collection. If unpaid upon the second presentation, such checks, together with checks returned for any other reason, will be charged back to your account and the checks together with advices of debit and a service fee will be sent to you.
Returned Checks. For each check that Sublesee tenders and is returned by the institution on which it is drawn for any reason, Sublessee will pay: (1) any late charges until payment is made in full; and (2) an amount equal to the charge in the master lease for a returned check.
Returned Checks. If any check of Tenant is dishonored for any reason, Tenant shall be responsible for a bad check fee of $35.00, or such other fee as is authorized by Florida law, whichever is greater. Landlord has no duty to redeposit or resubmit dishonored checks, and Landlord may demand that all subsequent payments be paid in cash or certified funds. In addition, the rental payment associated with a dishonored check shall be deemed received by Landlord only at such time as when the check is subsequently honored or when the Tenant replaces the check with cash or certified funds.
Returned Checks. If any check payable to a Participant is returned for any reason, the payment shall revert to the general assets of the Company and the Participant shall forfeit all rights to such payment, unless a claim is filed with the Administrator no later than three (3) years after the date the check was drawn.
Returned Checks. If at any time during the term of this Lease, including options, renewals and extensions thereof, if any, any payment by check for rent or other amounts due under this Lease is returned due to insufficient funds or for any other reason whatsoever, then LANDLORD shall have the right, in its sole discretion, to require any future payments of rent or other amounts due under this Lease to be made to LANDLORD by cash or cashier’s check, and LANDLORD, in addition to any other rights and remedies under this Lease and/or at law and/or equity, shall be entitled to charge TENANT for any expenses incurred by reason of any such returned check. Any failure by LANDLORD to insist upon payment of a specific installment of rent or other amounts due under this Lease to be made by cash or cashier’s check shall not be deemed a waiver of LANDLORD’S right to require a future installment thereof to be made by cash or cashier’s check at any time whatsoever, regardless of whether any further checks are returned for insufficient funds or any other reason whatsoever.
Returned Checks. In the event Landlord receives a check from Tenant written on insufficient funds, Landlord may charge Tenant a fee (not to exceed $100.00) to reimburse Landlord for its costs and expenses.