How is Delinquent Rent defined in a legal contract?
- Delinquent Rent means any rent or other amounts to be paid by the tenants by a specific date, which have not been received by the seller by that same date. Seen in 7 SEC filings.
- Delinquent Rent means any rent that, according to the lease terms, was due by a certain date and has not been received by the seller by or before that date. All rent received by the buyer after that date must be paid to the seller within [number] days of receipt. However, any rent collected by the buyer after that date must first be applied towards payment of all rent due from the tenant for the period following that date. Following this, after deductions for collection costs, it must be applied towards all delinquent rent due to the seller. Seen in 7 SEC filings.
- Delinquent Rent means any rent not paid on time under the leases. Seen in 3 SEC filings.
- Delinquent Rent means rent that is due by a tenant on or before a certain date but has not been paid by that date. Seen in 3 SEC filings.
- Delinquent Rent means rent that is due and payable by a tenant on or before a certain date but has not been paid by that date. Seen in 2 SEC filings.
Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
Search EDGAR for 'Definitions of delinquent rent' yourself to verify these results. We are always keen to point people to source documents.
Which definition should you use?
🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
- Delinquent Rent means unpaid rent due by a stated date under the applicable lease.
Relevant Contract Types
- Residential Lease Agreement
- Commercial Lease Agreement
- Sublease Agreement
- Rental Agreement
- Lease Renewal Agreement
Relevant Circumstances
- Tenant default on lease payments
- Landlord's rights enforcement
- Property management and disputes
- Lease termination and eviction procedures
Relevant Sectors
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Delinquent Rent means unpaid rent due by a stated date under the applicable lease
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