COLLECTION OF RENT definition

COLLECTION OF RENT. All rent is due the first of each month. Lessor, at lessor 5 option and with notification to lessee, may pick up the monthly rent check at the premises. If lessor does not contact lessee, rent will be mailed by the first to: Axxxxx X. Xxxxxxxx Phone: 700-000-0000 3000 Xxxxxxx Xxxxxx #0-000 FAX: 700-000-0000 Cxxxx Xxxx, XX 00000 There is a 6% late fee if rent is not postmarked by the third day of each month.
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COLLECTION OF RENT. Agent shall use its best efforts in the management of the Property; and Agent shall use due diligence in collecting and enforcing the collection of all rents and other charges due Owner from any tenant(s), pursuant to the terms and conditions of said tenant(s)' respective lease(s).
Sample 1

Examples of COLLECTION OF RENT in a sentence

  • Fannie Mae’s “pay for performance” approach provided a cash payment for achieving annual financial goals and stock-based awards for medium and long-term performance.

  • EASTGATE TOWNHOMES HOMEOWNERS ASSOCIATION, COLLECTION – COLLECTION OF RENT FROM TENANT RESOLUTION This resolution is made this on the date set forth below by the Board of Trustees for Eastgate Townhomes Homeowners Association, Inc., a Utah non-profit corporation.

  • McGee: A BILL TO AMEND SECTION 27-39-230, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE COLLECTION OF RENT BY DISTRESS PROCEEDINGS AND THE PROPERTY EXEMPT, FROM DISTRESS, SO AS TO Printed Page 3318 .

  • NOTWITHSTANDING THE FOREGOING, THE RESIDENT ACKNOWLEDGES, UNDERSTANDS AND AGREES: ● THIS LEASE IS FULLY BINDING REGARDLESS OF FAILURE TO SUBMIT A PARENTAL OR SPONSOR GUARANTY; LANDLORD RESERVES THE RIGHT TO EXERCISE ALL AVAILABLE REMEDIES FOR THE RESIDENT’S FAILURE TO PROVIDE AND TO MAINTAIN A PARENTAL OR SPONSOR GUARANTY, INCLUDING, BUT NOT LIMITED TO, AN EVICTION (WITHOUT WAIVER OF ALL OTHER RIGHTS, INCLUDING COLLECTION OF RENT DUE UNDER THIS LEASE FOR ITS FULL TERM).

  • Cohen as Agent for Owner COLLECTION OF RENT FROM SUBTENANTS The Board of Directors wishes to bring to the attention of shareholders and their proposed subtenants the obligations enumerated inparagraph 32(b) of the Cooperative’s proprietary lease and by New York State Law in 1991 which is summarized as follows: Collection of Rent from Subtenants.

  • COLLECTION OF RENT DUE In cases where the owner of a leased or rented property on which rates are outstanding cannot be located or the owner refuses to settle the amount outstanding, notice will be served on the lessee.

  • UPON AGREEING TO SUCH WAIVER, IF THE TENANT FAILS TO PAY RENT, THE LANDLORD HAS THE RIGHT TO BRING AN ACTION FOR POSSESSION AND COLLECTION OF RENT FOR THE REMAINING TERM OF THE RENTAL AGREEMENT.

  • LANDLORD SHALL HAVE ALL THE REMEDIES FOR THE COLLECTION OF TENANT'S SHARE OF REAL ESTATE TAXES AND INSURANCE PREMIUMS AS ARE PROVIDED LANDLORD UNDER THE TERMS OF THIS LEASE FOR THE COLLECTION OF RENT.

  • Blue (red) lines show the levels obtained with- out (with) spin-orbit coupling.

  • There were seven listings, four of which were advertisements of two-man firms: 1) G &participated in the moot would qualify as one of Holmes’s “older lawyers.” James Dyckson had been admitted to the bar on September 13, 1870, and Arthur H.

Related to COLLECTION OF RENT

  • Additional Rent(s) means amounts payable under any Lease for (i) the payment of additional rent based upon a percentage of the Tenant’s business during a specified annual or other period (sometimes referred to as “percentage rent”), (ii) so-called common area maintenance or “CAM” charges, and (iii) so called “escalation rent” or additional rent based upon such tenant’s allocable share of insurance, real estate taxes or operating expenses or labor costs or cost of living or xxxxxx’x wages or otherwise.

  • Assignment of Rents means an instrument that transfers the beneficial interest under a deed of trust from one lender/entity to another.

  • Gross Rent means the rent for a set-aside unit, including any applicable utility allowances, in compliance with the rent limits applicable to the property for 2020. Gross rent does include optional fees included in the household’s lease, including but not limited to, washer/dryer, cable, parking, etc., as long as they are included in the lease or addendums to the lease. In addition, when a utility that is purchased from or through a local utility company by the Development, who in turn bills residents for actual consumption of the utility will also be eligible when the applicable utility allowance for the Development includes a deduction for the utility and the household’s lease specifies that the resident is responsible for the utility.

  • Residential Rental Unit means an area legally licensed or permitted for use as a living space containing a sleeping area, bathing and sanitation facilities and cooking facilities equipped with a cooking range, refrigerator and sink, all of which are separate and distinct from other Residential Rental Units. Reg. §§ 1.103-8(a) 8(i).

  • Monthly Rent means the monthly installment of Minimum Annual Rent plus the monthly installment of estimated Annual Operating Expenses payable by Tenant under this Lease.

  • Assignment of Rents and Leases means, with respect to the Mortgaged Property, an Assignment of Rents and Leases (and, if there are more than one, each and every one of them), dated as of the Closing Date, granted by the Borrower to Lender with respect to the Leases, as same may thereafter from time to time be supplemented, amended, modified or extended.

  • Additional Rental has the meaning set forth in Section 4.03.

  • Rent as used in this Section 21 shall be deemed to be and to mean all sums of every nature required to be paid by Tenant pursuant to the terms of this Lease, whether to Landlord or to others. As used in Sections 21(c)(ii)(A) and (B), above, the “worth at the time of award” shall be computed by allowing interest at the Default Rate. As used in Section 21(c)(ii)(C) above, the “worth at the time of award” shall be computed by discounting such amount at the discount rate of the Federal Reserve Bank of San Francisco at the time of award plus 1%.

  • For Rent or "For Sale" sixty (60) days before the termination of this Lease. Landlord may enter the Premises at reasonable hours to exhibit same to prospective purchasers or tenants and to make repairs required of Landlord under the terms hereof or to make repairs to Landlord's adjoining property, if any. EFFECT OF TERMINATION OF LEASE

  • Additional Rent means all amounts, other than Basic Rent and any Security Deposit, required to be paid by the Tenant to the Landlord in accordance with this Agreement.

  • Gross Rents means the actual sum of money or other consideration payable for the use or possession of property. "Gross rents" shall include, but not be limited to:

  • Base Rent $ 25,024 per month ("Base Rent"), payable on the 1st day of each month commencing on the Commencement Date (Also see Paragraph 4.) [ ] If this box is checked, this Lease provides for the Base Rent to be adjusted per Addendum ___, attached hereto.

  • Fixed Rent shall have the meaning set forth in Section 1.1 hereof.

  • Prepaid Rent means any payment of money to the landlord for a rent obligation not yet

  • Excess Rent means the excess of (a) all consideration received by Tenant from a Transfer over (b) Rent payable under this Lease after deducting reasonable tenant improvements paid for by Tenant, reasonable attorneys’ fees and any other reasonable out-of-pocket costs paid by Tenant as a result of the Transfer (but specifically excluding any Rent paid to Landlord while the Premises is vacant).

  • Ground Rent means any rent, additional rent or other charge payable by the tenant under the Ground Lease.

  • Rent Payment means the amount payable by Lessee for the Assets as specified in the applicable Schedule.

  • Base Rental means the amount of rent due to Landlord per square foot for the first year of the Term. Base Rental for the first year of Term shall be $32.50 per square foot for the building and $7.50 per square foot for the drive thru at the Premises. Year Per SqFt First Floor Per SqFt Drive Thru TotalPer Annum TotalPer Month 1 $ 32.50 $ 7.50 $ 151,512.00 $ 12,626.00

  • Basic Rent means Basic Rent as defined in Paragraph 6.

  • Sublease Payment means any payment required to be made by the District pursuant to Section 7 of the Sublease.

  • Lease Payments means the rental payments described in Exhibit A hereto.

  • Rental Charges means the charges payable for renting the Vehicle from Us together with GST and any other taxes or levies which are all fully set out in the Rental Agreement.

  • Residential rental property means property that is used solely as leased or rented property for residential purposes. If the property is a space rental mobile home park, residential rental property includes the rental space that is leased or rented by the owner of that rental space but does not include the mobile home or recreational vehicle that serves as the actual dwelling if the dwelling is owned and occupied by the tenant of the rental space and not by the owner of the rental space.

  • Utility Charges means water, sewer, electricity, gas and other utility charges, if any, applicable to the Real Property or the Leased Real Property;

  • Miscellaneous Charges mean charges that apply for miscellaneous services provided at CLEC's request or based on CLEC's actions that result in miscellaneous services being provided by CenturyLink, as described in this Agreement.

  • concessionary payment means a payment made under arrangements made by the Secretary of State with the consent of the Treasury which is charged either to the National Insurance Fund or to a Departmental Expenditure Vote to which payments of benefit or tax credits under the benefit Acts or the Tax Credits Act 2002 are charged;