Common use of Delinquent Payments and Handling Charge Clause in Contracts

Delinquent Payments and Handling Charge. All Rent and other payments required of Tenant hereunder shall bear interest from the date due until the date paid at fifteen percent (15%) per annum. Alternatively, Landlord may charge Tenant, as additional Rent hereunder, a fee equal to five percent of the delinquency payment to reimburse Landlord for its cost and inconvenience incurred as a consequence of Tenant's delinquency. In no event, however, shall the charges permitted under this Section 9.1 or elsewhere in this Lease, to the extent the same are considered to be interest under applicable law, exceed the maximum rate of interest allowable under applicable law.

Delinquent Payments and Handling Charge. All Rent and other payments required of Tenant hereunder shall bear interest from the, fifth day following the date due until the date paid at fifteen percent (15%) per annumthe rate of interest specified in Section 27.13. Alternatively, Landlord may charge Tenant, as additional Rent hereunder, a fee equal to five percent of the delinquency delinquent payment to reimburse Landlord for its cost and inconvenience incurred as a consequence of Tenant's ’s delinquency. In no event, however, shall the charges permitted under this Section 9.1 5.6 or elsewhere in this Lease, to the extent the same are considered to be interest under applicable law, exceed the maximum rate of interest allowable under applicable law.

Delinquent Payments and Handling Charge. All Rent and other payments required of Tenant hereunder shall bear interest from the date due until the date paid at fifteen percent (15%) per annumthe rate of interest specified in Section 27.13. AlternativelyIn addition to interest, if any such Rent or other payment is not received when due, Tenant shall pay to Landlord may a late charge Tenant, as additional Rent hereunder, a fee equal to five (5%) percent of the delinquency amount of such Rent or other payment to reimburse Landlord for its cost and inconvenience incurred as a consequence of Tenant's ’s delinquency. In no event, however, shall the charges permitted under this Section 9.1 5.5 or elsewhere in this Lease, to the extent the same are considered to be interest under applicable law, exceed the maximum rate of interest allowable under applicable law.

Delinquent Payments and Handling Charge. All Rent and other over payments required of Tenant hereunder shall bear interest from the date due until the date paid at fifteen percent (15%) per annumthe rate of interest specified in Section 27.13. AlternativelyIn addition to interest, if any such Rent or other payment is not received when due, Tenant shall pay to Landlord may a late charge Tenant, as additional Rent hereunder, a fee equal to five (5%) percent of the delinquency amount of such rent or other payment to reimburse Landlord for its cost and inconvenience incurred as a consequence of Tenant's delinquency. In no event, however, shall the charges permitted under this Section 9.1 5.5 or elsewhere in this Lease, Lease to the extent the same are considered to be interest under applicable law, exceed the maximum rate of interest allowable under applicable law.

Delinquent Payments and Handling Charge. All Rent and other payments required of Tenant hereunder shall bear interest from the date due until the date paid at fifteen percent the rate of interest specified in Section 27.13. In addition to interest, if any such Rent or other payment is not received within ten (15%10) per annum. Alternativelydays from the date it is due, Tenant shall pay to Landlord may a late charge Tenant, as additional Rent hereunder, a fee equal to five (5%) percent of the delinquency amount of such Rent or other payment to reimburse Landlord for its cost and inconvenience incurred as a consequence of Tenant's delinquency. In no event, however, shall the charges permitted under this Section 9.1 5.5 or elsewhere in this Lease, to the extent the same are considered to be interest under applicable law, exceed the maximum rate of interest allowable under applicable law.