Unpaid rent definition

Unpaid rent means the amount of rent that the tenant is legally required to pay to the landlord but does not pay due to a COVID-19 Impact experienced by the tenant during the moratorium. A COVID-19 Impact shall not extend to any unpaid rent balance that existed before the moratorium.

Unpaid rent means monies that were charged for rent but that were deemed uncollectible, resulting in a bad-debt write-off.

Unpaid rent shall remain the property of Owner but Buyer shall have the exclusive right to collect the same and shall use reasonable efforts to do so. To the extent that within six months after Closing, Buyer collects Unpaid Rent from any tenant, the amount of such Unpaid Rent (after crediting such collections first against the cost of collection and then against all rents for the applicable lease payable for periods from and after Closing) shall belong to Owner. Buyer shall pay Owner the aggregate amount, if any, of Unpaid Rent to which Owner is entitled as provided above in a single payment to be made within seven months after Closing. With respect to delinquent rents (and any other amounts or other rights of any kind) respecting tenants who are no longer tenants of the Property as of the Closing Date, Owner shall retain all rights relating thereto. After Closing, Owner may not commence litigation against any tenant who is in place at Closing.

Examples of Unpaid rent in a sentence

• Upon the termination of the Lease, the Landlord may deduct the following from the Security Deposit: Unpaid rent; Late fees; Unpaid utilities Cost of repairs beyond ordinary wear and tear; Cleaning fee in the amount of $ ; Early Termination Fee Brokerage fees Others: .

• Upon the termination of the Lease, the Landlord may deduct the following from the Security Deposit: □ Unpaid rent; □ Late fees; □ Unpaid utilities □ Cost of repairs beyond ordinary wear and tear; □ Cleaning fee in the amount of $ ; □ Early Termination Fee □ Brokerage fees □ Others: .

• Upon the termination of the Lease, the Landlord may deduct the following from the Security Deposit:  Unpaid rent;  Late fees;  Unpaid utilities  Cost of repairs beyond ordinary wear and tear;  Cleaning fee in the amount of $ ;  Early Termination Fee  Brokerage fees  Others: .

• Unpaid rent and any unpaid amount under this lease are reportable to credit reporting agencies.

• Rent Arrears Unpaid rent that is owed to You under a tenancy agreement, or would have been owed to You but for the breach of a tenancy agreement to let Your property: where DAS have accepted Your claim under Insured Incident J (b) Repossession.

• The reasonable or actual cost of notice, storage and sale; and (B) Unpaid rent.

• Unpaid rent and charges for cleaning, damage to property, equipment and furnishings are an obligation by the resident to Housing Services.

• Rent arrears Unpaid rent that• is owed to You under a tenancy agreement, or• would have been owed to You but for the breach of a tenancy agreement to let Your property: whereDAS have accepted Your claim under insured incident Repossession.

• Unpaid rent and unpaid damages are reportable to credit reporting agencies.

• Upon the termination of the Lease, the Landlord may deduct the following from the Security Deposit: • Unpaid rent; • Late fees; • Unpaid utilities • Cost of repairs beyond ordinary wear and tear; • Cleaning fee in the amount of $ ; • Early Termination Fee • Brokerage fees • Others: .

More Definitions of Unpaid rent

Unpaid rent means all rent and other amounts due and payable on or before the Closing Date in respect of all the Included Leases, together with any fees, interests, penalties or other amounts due in connection therewith and all fees, costs and expenses payable to the landlords in connection with obtaining the landlords' consents to the assignment of the Included Leases hereunder. For purposes hereof, the "Unpaid Rent Amount" shall mean Assignors' good faith estimate of the aggregate amount of all Unpaid Rent as of the Closing as set forth in a certificate, executed on behalf of Assignors, and delivered to Assignee at or before the Closing.

Unpaid rent shall include Base Monthly Rent and Expenses. Nothing in this Section shall limit any obligation imposed by Oregon law upon Landlord to mitigate its damages.