Late rental payment Sample Clauses

Late rental payment. If the rent or outstanding charges are not received by the first banking day after the due date a charge of twenty five pounds plus vat will be levied for each letter sent to cover the cost of administration. All charges apply to letters sent to Guarantors. Should it be necessary to visit the Property to either arrange the collection of rent or to check occupation due to letters not being answered a charge of seventy five pounds plus vat will be levied to cover the Agency’s and staff’s time. Letter Sent on or after but not prior to First letter 2nd banking day from the due date Second Letter 7th day from the due date Third letter 14th day from the due date Visit to Property No sooner than 21st day from the due date The Tenant(s) will be allowed ample time to respond to letters and therefore the Agency will not send letters with intervals of any less than seven days. For speed, Tenant(s) are advised to fax letters before sending them. If any charges are levied and it can be shown that the full rental payment has been made by one standing Order by the due date using the correct reference code the charges will be withdrawn immediately and the agency will acknowledge their error in writing.

Late rental payment. Customer acknowledges that any late payment of rent due under this Agreement will cause NEW SOUTH to incur costs not contemplated by this Agreement, the exact amount of which will be extremely difficult to ascertain. Such costs include, but are not limited to, processing and accounting charges. If any installment of rent is not received by NEW SOUTH within ten (10) days after such amount shall be due, then, at NEW SOUTH’s election and upon NEW SOUTH’s demand, Customer shall pay to NEW SOUTH a late charge equal to five percent (5%) of such overdue amount and, in such event, the parties hereby agree that such late charge represents a fair and reasonable estimate of the costs NEW SOUTH will incur by reason of the late payment by Customer. Acceptance of such late charge by NEW SOUTH shall in no event constitute a waiver of Customer’s default with respect to such overdue amount, nor prevent NEW SOUTH from exercising any other rights and remedies granted to it hereunder or under applicable law.

Late rental payment. If you do not respond to the letters about arrears, and as a result we or our agent have to visit you at home, you will pay our reasonable costs of not more than £60 including VAT. You can avoid that by keeping in contact. If we have a genuine reason to believe that you have abandoned the property and we have to visit the property and speak to neighbours and authorities, you agree to pay our reasonable costs of not more than £60 including VAT. You can avoid that by keeping in contact. You will pay our reasonable legal costs as ordered by the court if we have to evict you for rent arrears, or for failing to leave at the end of a S21/form 6a notice.