Common use of INTEREST ON PAST-DUE OBLIGATIONS Clause in Contracts

INTEREST ON PAST-DUE OBLIGATIONS. Any amount due to Landlord not paid when due shall bear interest at two (2%) percent per month from due date until paid. Payment of such interest shall not excuse or cure any default by Tenant under this Lease.

Appears in 5 contracts

Samples: Lease Agreement (New Frontier Media Inc), Lease Agreement (A4s Technologies Inc), Assignment and Assumption of Lease (Lsi Logic Corp)

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INTEREST ON PAST-DUE OBLIGATIONS. Any Except as expressly herein provided, any amount due to Landlord not paid when due shall bear interest at two twelve percent (212%) percent per month annum from the due date until paiddate. Payment of such interest shall not excuse or cure any default by Tenant under this Lease.

Appears in 4 contracts

Samples: Non Disturbance Agreement, Industrial Lease Agreement (Titan Motorcycle Co of America Inc), Lease Agreement (Cutter & Buck Inc)

INTEREST ON PAST-DUE OBLIGATIONS. Any Except as expressly herein provided, any amount due to Landlord not paid when due shall bear interest at two twelve percent (212.00%) percent per month annum from the due date until paiddate. Payment of such interest shall not excuse or cure any default by Tenant under this Lease. Payment of such interest is in addition to the late charge specified in section 17.3 of this Lease.

Appears in 2 contracts

Samples: Lease (Fresh N Lite Inc), Ich Corp /De/

INTEREST ON PAST-DUE OBLIGATIONS. Any amount due to Landlord or Tenant not paid when due shall bear interest at two (2%) percent per month from the due date until paidpaid at the Agreed Interest Rate. Payment of such interest shall not excuse or cure any default by Tenant under this Lease.

Appears in 2 contracts

Samples: Sublease Agreement (Wink Communications Inc), Sublease Agreement (Wink Communications Inc)

INTEREST ON PAST-DUE OBLIGATIONS. Any amount due to Landlord not paid when due shall bear interest at two one and a half (21.5%) percent per month from due date until paid. Payment of such interest shall not excuse or cure any default by Tenant under this Lease.

Appears in 2 contracts

Samples: Lease Agreement (Advanced Energy Industries Inc), Lease Agreement (Advanced Energy Industries Inc)

INTEREST ON PAST-DUE OBLIGATIONS. Any Except as expressly herein provided, any amount due to Landlord not paid when due shall bear interest at two ten per cent (210%) percent per month annum from the due date until paiddate. Payment of such interest shall not excuse or cure any default by Tenant under this Lease.

Appears in 2 contracts

Samples: Sublease Agreement (Amazon Com Inc), Industrial Lease Agreement (Zilog Inc)

INTEREST ON PAST-DUE OBLIGATIONS. Any amount due to Landlord which is not paid when due shall bear interest at two (2%) percent per month from the due date until paidpaid at the rate equal to the lesser of twelve percent (12%) per annum or the maximum rate allowed by law. Payment of such interest shall not excuse or cure any default by Tenant under this Lease.

Appears in 2 contracts

Samples: American Vantage Companies, American Vantage Companies

INTEREST ON PAST-DUE OBLIGATIONS. Any Except as expressly herein provided to the contrary, any amount due to Landlord not paid when due shall bear interest at two (2%) percent per month the Default Rate from due the date until paiddue. Payment of such interest shall not excuse or cure any default by Tenant under this Lease.

Appears in 2 contracts

Samples: Industrial Lease Agreement, Industrial Lease Agreement (Lifetime Brands, Inc)

INTEREST ON PAST-DUE OBLIGATIONS. Any Except as expressly herein provided, any amount due to Landlord not paid when due shall bear interest at two sixteen percent (216%) percent per month annum from the due date until paiddate. Payment of such interest shall not excuse or cure any default by Tenant under this Lease.

Appears in 2 contracts

Samples: 1 Lease Agreement (Optiva Corp /Wa/), 9 Lease Agreement (Celebrate Express, Inc.)

INTEREST ON PAST-DUE OBLIGATIONS. Any Except as expressly provided, any amount due to Landlord not paid when due shall bear interest at two ten percent (210%) percent per month annum from the due date until paiddate. Payment of such interest shall not excuse or cure any default by Tenant under this Lease.

Appears in 2 contracts

Samples: Office Building Lease (Trinet Employer Group Inc), Quality Systems Inc

INTEREST ON PAST-DUE OBLIGATIONS. Any Except as expressly herein provided, any amount due to Landlord not paid when due shall bear interest at two twelve percent (212.00%) percent per month annum from the due date until paiddate. Payment of such interest shall not excuse or cure any default by Tenant under this Lease. Payment of such interest is in addition to the late charge specified in Section 16.3 of this Lease.

Appears in 2 contracts

Samples: Lease (Amerus Life Holdings Inc), Lease (Amerus Life Holdings Inc)

INTEREST ON PAST-DUE OBLIGATIONS. Any Except as expressly herein provided, any amount due to Landlord not paid when due shall bear interest at two (2%) percent per month the maximum rate permitted by law from the due date until paiddate. Payment of such interest shall not excuse or cure any default by Tenant under this Lease.

Appears in 2 contracts

Samples: Industrial Lease, Industrial Lease (Sunpower Corp)

INTEREST ON PAST-DUE OBLIGATIONS. Any amount due to Landlord not paid when due shall bear interest at two one and one half (21-1/2%) percent per month from due date until paid. Payment of such interest shall not excuse or cure any default by Tenant under this Lease.

Appears in 2 contracts

Samples: Lease Agreement Office and Industrial Space (Heska Corp), Lease Agreement Office and Industrial Space (Heska Corp)

INTEREST ON PAST-DUE OBLIGATIONS. Any Except as expressly herein provided, any amount due to Landlord not paid when due shall bear interest at two (2%) percent 10% per month annum from the due date until paiddate. Payment of such interest shall not excuse or cure any default by Tenant under this Lease.

Appears in 1 contract

Samples: General Lease (Copart Inc)

INTEREST ON PAST-DUE OBLIGATIONS. Any Except as expressly herein provided, any amount due to Landlord not paid when due shall bear interest at two ten (210%) percent per month annum from due the date until paiddue. Payment of such interest shall not excuse or cure any default by Tenant under this Lease. Interest shall be payable by Tenant, as additional rent, together with next rental installment after Notice has been given to Tenant of interest amount due.

Appears in 1 contract

Samples: Lease Agreement (Healthcentral Com)

INTEREST ON PAST-DUE OBLIGATIONS. Any amount due to Landlord not paid when due shall bear interest at two (2%) percent per month from fifteen (15) days after the due date until paid. Payment of such interest shall not excuse or cure any default by Tenant under this Lease.

Appears in 1 contract

Samples: Lease Agreement Office And (Atrix Laboratories Inc)

INTEREST ON PAST-DUE OBLIGATIONS. Any amount due to Landlord not paid when due shall bear interest at two (2%) twelve percent per month annum from the due date until paiddate. Payment of such interest shall not excuse or cure any default by Tenant under this Lease.

Appears in 1 contract

Samples: Lease Agreement (Geerlings & Wade Inc)

INTEREST ON PAST-DUE OBLIGATIONS. Any amount due to Landlord not paid when due shall bear interest at two one and one-half percent (21.5%) percent simple interest per month from the due date until paid. Payment of such interest shall not excuse or cure any default by Tenant under this LeaseLease Agreement.

Appears in 1 contract

Samples: Lease Agreement (Biopool International Inc)

INTEREST ON PAST-DUE OBLIGATIONS. Any Except as expressly herein provided, any amount due to Landlord not paid when due shall bear interest at two (2%) percent 10% per month annum from due the date until paiddue. Payment of such interest shall not excuse or cure any default by Tenant under this Lease.

Appears in 1 contract

Samples: Industrial Lease Agreement (CF Finance Acquisition Corp II)

INTEREST ON PAST-DUE OBLIGATIONS. Any Except as expressly herein provided, any amount due to Landlord not paid when due shall bear interest at two lower of ten percent (210%) percent per month annum or the maximum rate permitted by law from the due date until paiddate. Payment of such interest shall not excuse or cure any default by Tenant under this Lease.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Super Micro Computer, Inc.)

INTEREST ON PAST-DUE OBLIGATIONS. Any amount due to Landlord not paid when due shall bear interest at two One and One Half (21 1/2%) percent per month from due date until paid. Payment of such interest shall not excuse or cure any default by Tenant under this Lease.

Appears in 1 contract

Samples: Lease Agreement Office and Industrial Space (Heska Corp)

INTEREST ON PAST-DUE OBLIGATIONS. Any amount due to Landlord not paid when due shall bear interest at two (2%) percent 14% per month annum from due date until paid. Payment of such interest shall not excuse or cure any default by Tenant under this Lease.

Appears in 1 contract

Samples: Lease Agreement (Messagemedia Inc)

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INTEREST ON PAST-DUE OBLIGATIONS. Any amount due to Landlord not paid when due shall bear interest at two the rate of fifteen percent (215%) percent per month from due the date until paid. Payment due; provided, however, that any such payment of such interest shall not excuse or cure correct any default by Tenant under this Lease.

Appears in 1 contract

Samples: Multi Tenant Lease Agreement (Global Casinos Inc)

INTEREST ON PAST-DUE OBLIGATIONS. Any amount due to Landlord not paid when due shall bear interest at two the rate of ten percent (210%) percent per month annum from the due date until paiddate. Payment of such interest shall not excuse or cure any default by Tenant under this Lease.

Appears in 1 contract

Samples: Sublease Agreement (Nvidia Corp/Ca)

INTEREST ON PAST-DUE OBLIGATIONS. Any amount due to Landlord not paid when due shall bear interest at the rate of two percent (2%) percent per month from due the date until paid. Payment due; provided, however, that any such payment of such interest shall not excuse or cure correct any default by Tenant under this Lease.

Appears in 1 contract

Samples: Multi Tenant Lease Agreement (AspenBio Pharma, Inc.)

INTEREST ON PAST-DUE OBLIGATIONS. Any Except as Expressly provided, any amount due to Landlord not paid when due shall bear interest at two ten percent (210%) percent per month annum from the due date until paiddate. Payment of such interest shall not excuse or cure any default by Tenant under this Lease.

Appears in 1 contract

Samples: Office Building Lease (North Valley Bancorp)

INTEREST ON PAST-DUE OBLIGATIONS. Any Except as expressly herein provided, any amount due to Landlord not paid when due shall bear be charged interest at two ten (210%) percent per month annum from due the date until paiddue. Payment of such interest shall not excuse or cure any default by Tenant under this Lease.

Appears in 1 contract

Samples: Industrial Lease (Arcimoto Inc)

INTEREST ON PAST-DUE OBLIGATIONS. Any amount due payable by Tenant to Landlord not paid when due shall bear interest at two (2%) percent 18% per month annum from due date until paid. Payment of such interest shall not excuse or cure any default by Tenant under this Lease.

Appears in 1 contract

Samples: Commercial Lease

INTEREST ON PAST-DUE OBLIGATIONS. Any Except as expressly herein provided, any amount due to Landlord not paid when due shall bear interest at two the twelve percent (212%) percent per month from due date until paidannum. Payment of such interest shall not excuse or cure any default by Tenant under this LeaseTenant.

Appears in 1 contract

Samples: Industrial Lease (Hansen Natural Corp)

INTEREST ON PAST-DUE OBLIGATIONS. Any amount due to Landlord not paid when due shall bear interest at two one and one half (21.5%) percent per month from due date until paid. Payment of such interest shall not excuse or cure any default by Tenant under this Lease.

Appears in 1 contract

Samples: Lease Agreement Office and Industrial Space (Helix Technology Corp)

INTEREST ON PAST-DUE OBLIGATIONS. Any amount due to Landlord not paid when due shall bear interest at two one and one half (21 1/2%) percent per month from due date until paid. Payment of such interest shall not excuse or cure any default by Tenant under this Lease.

Appears in 1 contract

Samples: Lease Agreement (New Frontier Media Inc /Co/)

INTEREST ON PAST-DUE OBLIGATIONS. Any Except as expressly herein provided, any amount due to Landlord not paid when due shall bear interest at two (2%) percent 10% per month annum from the due date until paiddate. Payment of such interest shall not excuse or cure any default by Tenant under this Lease.

Appears in 1 contract

Samples: Centennial First Financial Services

INTEREST ON PAST-DUE OBLIGATIONS. Any amount due to Landlord not paid when due shall bear interest at two one and one-half percent (21 1/2%) percent per month from the due date until paid. Payment of such interest shall not excuse or cure any default by Tenant under this Lease.

Appears in 1 contract

Samples: Lease Agreement (AVT, Inc.)

INTEREST ON PAST-DUE OBLIGATIONS. Any amount due to Landlord not paid when due shall bear interest at two (2%) percent 10% per month annum from due date until paid. Payment of such interest shall not excuse or cure any default by Tenant under this Lease.

Appears in 1 contract

Samples: Lease Agreement (Bridgepoint Education Inc)

INTEREST ON PAST-DUE OBLIGATIONS. Any Except as expressly herein provided, any amount due to Landlord not paid when due shall bear interest at two ten percent (210%) percent per month annum from due the date until paiddue. Payment of such interest shall not excuse or cure any default by Tenant under this Lease.

Appears in 1 contract

Samples: Lease Agreement (Bolt Technology Corp)

INTEREST ON PAST-DUE OBLIGATIONS. Any amount due to Landlord not paid when due shall bear interest at two one percent (21%) percent per month from the due date until of such past due obligations 1U1ti! paid. Payment of such interest shall not excuse or cure any default by Tenant under this Lease.

Appears in 1 contract

Samples: Lease Agreement (Feel the World, Inc.)

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