Examples of Monthly Installment in a sentence
You understand and acknowledge that you are signing a lease for a Floor Plan Type (a “Floor Plan Lease”), and that pursuant to Section 5 of this Lease, your Monthly Installment Amount is subject to final assignment and the applicable Space Option premiums associated with the specific Unit and Bedroom assigned.
Monthly Installment Amount and Monthly Installment Fee Calculation of the monthly installment fee When you create an installment plan, you will be charged a monthly installment fee.
As such, your final Monthly Installment Amount may vary based upon Space Option premiums assessed or not assessed for location, floor level, view, master or standard bedroom types, balcony or patio, walk-in closet, or other value added or removed variations from the basic Floor Plan Type.
In the event that the you are assigned to a Unit and Bedroom that does not include a Space Option(s) that was originally indicated in this Lease, your Aggregate Rent and Monthly Installment amounts will be adjusted to reflect the removal of the Space Option(s), and according to the prevailing market rate assessed for such items.
At our option, and without notice to you, any money that we receive from you can first be applied to any outstanding charges (including but not limited to late fees, damage or repair charges, returned check fees, fines, utility charges, and other sums owed under this Lease) that you owe us and then to the current Monthly Installment of Rent, regardless of whether or not you have made notations on the form of payment and regardless of when the obligation came about.