Rent Installment definition

Rent Installment means the amount of rent payable in relation to that rental amount, as set out in the relevant Goods Schedule.

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Rent Installment defined in Lease Section 4.3. Requirements: collectively, (a) all laws, ordinances, regulations and directives of any Governmental Authority having jurisdiction including, without limitation, any certificate of occupancy and any law, ordinance, regulation, now affecting any part of the Property or the Premises or which in the future may become applicable to any part of the Property or the Premises, including, without limitation, any zoning laws or ordinances, (b) any and all covenants, conditions or restrictions binding on Landlord or the Property under the agreements and instruments forming a part of the Permitted Exceptions, and (c) the requirements imposed upon Tenant and Landlord by their respective insurance companies providing the insurance coverages required in connection with the Premises or the Building, as the case may be.

Examples of Rent Installment in a sentence

• The Rent Installment is payable at the business office for the Community (or such other place of which you are notified in writing).

• Notwithstanding the foregoing, Resident expressly acknowledges that Resident shall not be excused from paying any Rent Installment if the damage or destruction to the Premises is the result of or attributable to Resident or the guest(s), licensee(s), or invitee(s) of Resident, and Resident shall be charged as Additional Rent for the cost of any repairs or clean-up.

• All other charges due for services provided or charges assessed, including, but not limited to, fines for violating the Rules and Regulations, are hereinafter collectively referred to as “Additional Rent.” In the event any such charges are due under this Lease Contract by Resident, any amounts paid to Owner shall be applied to other such charges before applying amounts paid to the Rent Installment.

• If temporary housing is not available, the Rent Installment will be abated per diem and pro-rata during the period of such delay.

• The first Rent Installment shall be paid by Resident on or before , and the remaining Rent Installments shall be paid by Resident on or before the first day of each subsequent calendar month (“Due Date”) without a grace period in advance and without demand, offset, or deduction until all Rent Installments have been paid to the Community at the property’s management office or such other place as Owner shall designate.

• In addition, beginning with the 6th day after the due date for payment of a Rent Installment, you will be charged an additional late charge of $5.00 per day for each additional day that the Rent Installment or any part of it remains unpaid.

• We reserve the unilateral right to discontinue your ability to pay any Rent Installment via electronic payment at any time.

• Resident agrees that the Security Deposit is not to be used in lieu of last month's Rent Installment, an advanced rent payment, or any other sum anytime during the Resident's tenancy.

• Rent not received by the designated due dates will subject Resident to a $50.00 fifty dollar late fee charge plus an additional late fee charge of $5.00 per day for each day after the third day that the Rent Installment remains unpaid.

• Payment - Rent is as set forth in the Rent Installment Addendum and as further described herein.