Common use of THIRTY-FIRST Clause in Contracts

THIRTY-FIRST. By virtue that the LESSEE does not have a bank account and it is in the process of getting one, it shall be able to pay, in a transitory way, the monthly rent from the sign of this contract by a maximum period of time of 6 (six) month, the rent in a monthly way, from day one to day five of each month in the property administration of the LESSOR. Once the bank account and the check book are obtained, it should issue the checks every six months as mentioned above. In this vein the first month is paid by wire transfer, so once it is credited and after the corresponding national currency exchange control is done the items for the rent of September, August proportional and deposit shall be cancelled. It is specified that until such amounts are credited the LESSEE shall not be able to take possession of the leased property.