RENT; LATE CHARGES. Lessee shall pay Lessor the first Rental Payment (as specified in the applicable Schedule) for the Equipment and Facilities on or before the Commencement Date of the applicable Schedule and shall pay Lessor the remaining periodic Rental Payments on or before the periodic payment dates specified in the applicable Schedule. If, pursuant to this Agreement or the applicable Schedule, the Term is extended, Lessee shall also pay all Rental Payments required with respect thereto. In the case of a breach or an Event of Default on the part of Lessee under this Agreement or any Schedule, all Rental Payments shall become immediately due and payable by Lessee without demand or notice, without any court order or other process of law and without liability to Lessee for any damages occasioned by such action, and all Equipment and Facilities are to be immediately returned to Lessor’s possession in the same condition provided to the Lessee, less reasonable wear and tear. Lessor is under no duty to mitigate any damages caused by Lessee’s breach or Event of Default. All Rental Payments will be sent to Lessor’s above-referenced address, or to such other address as specified by Lessor in writing. Lessee agrees to pay Lessor interest at the rate of *** per month (or such lesser rate as is the maximum rate allowable under applicable law) on any Rental Payment (or other amount due hereunder) that is not paid within ten (10) days of its due date.
RENT; LATE CHARGES. Lessee shall pay Lessor the first Rental Payment (as specified in the applicable Schedule) for the Equipment on or before the Commencement Date of the applicable Schedule, and shall pay Lessor the remaining periodic Rental Payments on or before the periodic payment dates specified in the applicable Schedule or, if periodic payment dates are not specified, on or before the corresponding day of each subsequent period during the Initial Term of the applicable Schedule, regardless of whether Lessee has received notice that such Rental Payments are due. Additionally, if pursuant to this Agreement or the applicable Schedule the Term is extended or a renewal option exercised, Lessee shall also pay all Rental Payments required with respect thereto. All Rental Payments will be sent to Lessor's above-referenced address, or to such other address as specified by Lessor in writing. Lessee agrees to pay Lessor interest at the rate of 1-1/2% per month (or such lesser rate as is the maximum rate allowable under applicable law) on any Rental Payment (or other amount due hereunder) that is not paid within 10 days of its due date.
RENT; LATE CHARGES. As rent for the Equipment under any Lease and the Financed Items under any Financing (in either case, referred to in this Master Agreement and any Schedule as “Rent”), Lessee agrees to pay the amounts specified in the applicable Schedule on the due dates specified in the applicable Schedule. If any part of any Rent payment or other amount due under this Master Agreement is not paid within 10 days of its due date, Lessee agrees to pay Lessor: (a) in the first month, a late charge to compensate Lessor for collecting and processing the late amount, which late charge is stipulated and liquidated at the greater of $.05 per dollar of each delayed amount or $50; plus (b) a charge for every month after the first month in which the amount is late to compensate Lessor for the inability to reinvest the amount, which charge is stipulated and liquidated at 1- 1⁄2% of the delayed amount per month (or the lesser rate that is the maximum rate allowable under applicable law).
RENT; LATE CHARGES. AND SECURITY DEPOSITS 10 3.1 Base Monthly Rent 10 3.2 Additional Rent 11 3.3 Year-End Adjustments 12 3.4 Late Charge, And Interest On Rent In Default 12 3.5 Payment Of Rent 13 3.6 Prepaid Rent 13 3.7 Security Deposit 13
RENT; LATE CHARGES. As Rent for the Equipment, Lessee shall pay Lessor the Lease Payments in US dollars, in the amounts agreed upon by both parties and on the dates set forth in the applicable Schedule. Lessor and Lessee agree that any interest on Late Payments shall be paid by Lessee in accordance with the payment provisions of the New Mexico Procurement Code, Section 13-1-158, NMSA 1978.
RENT; LATE CHARGES. Rent in the amount of $ per month is due on or before the FIRST day of each month. Tenant(s) shall make checks payable to and direct payments to Xxxxx Xxxxxxxx, P.O. Box 36, Schoolcraft, MI 49087. Rent shall be paid by one check or money order only for the entire rental unit. Partial payments may be refused as deemed appropriate by Xxxxxxxx. If rent is not received by the landlord on or before the FIFTH day of the month in which rent is due, Tenant(s) hereby agrees to pay a late charge in the amount of $75.00. If rent is not received on or before the FIFTHTEENTH day of the month in which rent is due, Tenant(s) agrees to pay an additional late charge in the amount of $50.00 ($75.00 + $50.00 = $125.00). These non-refundable late charges are immediately due and payable. Payment date is defined by either hand delivery to Landlord or postmark date. Payments must be postmarked by the 4th of each month or hand delivered by the 5th of each month or will be considered late. In the event Payment is hand delivered to Landlord, Tenant(s) should request a receipt from Landlord to affirm the date payment was received. If you choose an electronic option for paying rent and it is not functioning properly, rent is still due by the 1st of each month and is considered late by the 5th of the month. ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) INITIALS
RENT; LATE CHARGES. CUSTO R shall pay VANGO, L.L.C. the first Rental Payment (as specified in the applicable Schedule) for the Motor vehicle on or before the Commencement Date of the applicable Schedule and shall pay VANGO, L.L.C. the remaining periodic Rental Payments, if any, on or before the periodic payment dates specified in the applicable Schedule. Additionally, if pursuant to this Agreement or the applicable Schedule the Term is extended by separate Motor Vehicle Rental Agreement, CUSTOMER shall also pay all Rental Payments required with respect thereto. All Rental Payments will be sent to VANGO, L.L.C.’s above-referenced address, or to such other address as speci ed by VA GO, L.L.C. in writing. CUSTOMER shall pay $ to XXXXX, X.X.X., as and for the Rental Rate for the motor vehicle for the period defined above, in the form of a credit card prior to CUSTOM R’s acceptance of the motor vehicle. XXXXX, X.X.X. DOES NOT ACCEPT CASH PAYMENTS. CUSTOMER authorizes VANGO, L.L.C., to obtain CLI T’s financial or government information for the sole purpose of certifying payment, confirming CLIENT insurance and determining CUSTOMER’s motor vehicle license status. A 50 non-refundable deposit is required at the time of reservation.
RENT; LATE CHARGES. Lessee shall pay Lessor the periodic Rental Payments specified in the applicable Schedule quarterly in arrears beginning three months after the applicable Commencement Date, regardless of whether Lessee has received notice that such Rental Payments are due. Additionally, if pursuant to this Agreement or the applicable Schedule the term is extended or a renewal option exercised, Lessee shall also pay all Rental Payments required with respect thereto. All Rental Payments will be sent to Lessor's above-referenced address, or to such other address as specified by Lessor in writing. The Rental Payments are based on the methodology and assumptions set forth in Appendix A (the "Pricing Assumptions") subject to adjustment as set forth in Section 7. Lessee agrees to pay Lessor interest on any Rental Payment (or other amount due hereunder) that is not paid within ten days of its due date at the rate of 1 1/2% per month on any such amounts (or such lesser rate as is the maximum rate allowable under applicable law). Also, in the event that more than one Schedule is entered into hereunder, the parties will use their best efforts to implement a common billing date for all Schedules.
RENT; LATE CHARGES. During the Term, Tenant shall pay to Landlord as rent ("Rent"), all net cash flow (calculated using the methodology of the calculation set forth in Exhibit B hereto) from the Leased Premises after payment to Tenant of an operations fee equal to 7% of Resident Service Fee Revenues (determined as shown in Exhibit B) from the Leased Premises. The Rent for each month shall be paid to Landlord when available, but in no event later than the twentieth day of the following month, such that, for example, the Rent for the month of January 2004 shall be paid to Landlord when available, but no later than February 20, 2004. In consideration for Landlord's agreement to accept the net cash flow as the Rent due hereunder, Tenant agrees that it shall operate the Facility at all times during the Term in a manner consistent with its past practices as the same may be modified from time to time during the Term with the consent of Landlord. 4.
RENT; LATE CHARGES. Subtenant will pay to Sublandlord monthly base rent ("Base Rent") for the Sublease Premises in advance, without abatement, deduction or setoff, on the Commencement Date and on the first day of each calendar month thereafter during the Sublease Term, as follows: --------------------------------------------------------------------------- Period Annually Per Monthly Annual Square Foot --------------------------------------------------------------------------- --------------------------------------------------------------------------- Commencement date -- $12.50 $24,123.96 $289,487.50 3/31/02 --------------------------------------------------------------------------- 4/01/02 - 3/31/03 $12.50 $24,123.96 $289,487.50 --------------------------------------------------------------------------- 4/01/03 - 3/31/04 $13.00 $25,088.92 $301,067.00 --------------------------------------------------------------------------- 4/01/04 - 3/31/05 $13.00 $25,088.92 $301,067.00 --------------------------------------------------------------------------- ---------------------------------------------------------------------------
