FEES; DEFAULT INTEREST Clause Samples
FEES; DEFAULT INTEREST. Occupant shall pay a $50.00 fee for each dishonored check (considered dishonored each time the check is presented to, but not paid by, the bank). Occupant shall pay all fees that Operator incurs for the disposal of Occupant’s trash or for the removal of Occupant’s abandoned property. In the event Occupant fails to pay the rent by the 30th day of the month for which the rent is due, Occupant shall be in default of this Contract and shall pay, in addition to all other amounts due, a late charge of $15.00 for the first month and a late charge of $35 for each month thereafter until Occupant has paid all past due rent and fees. From the date of any default, in addition to late charges, Occupant shall pay Operator interest on all unpaid amounts not paid when due at the rate of 1.5% per month until all such amounts have been paid in full. Operator does not intend to charge interest in excess of that permitted by C.R.S. §▇▇-▇▇-▇▇▇, and to the extent Operator receives intrest in excess of that permitted by C.R.S. §▇▇-▇▇-▇▇▇, Operator shall apply such excess amount to future rent or, at Operator’s option, refund the excess amount to Occupant. If Occupant’s access is denied due to Occupant’s default as provided in Article 8 below, the Operator reserves the right to charge a $50.00 administrative fee both for placing and removing the access restriction.
FEES; DEFAULT INTEREST. The Transferor shall pay ---------------------- to the Agent such fees for its own account and for the account of the other Purchaser Parties in such amounts and at such times as are set forth below:
(a) L/C Fees. --------
(i) The Transferor shall pay to the L/C Issuing Bank a nonrefundable fronting fee for each Letter of Credit issued hereunder, such fronting fee to be equal to .125% per annum, payable quarterly as provided in Section 5.04(c), on the --------------- aggregate face amount of such Letters of Credit outstanding from time to time.
(ii) The Transferor shall pay to the Agent, solely for the account of the Purchasers, a nonrefundable issuance fee for each Letter of Credit issued hereunder, such issuance fee to be equal to 0.50% per annum payable quarterly as provided in Section ------- 5.04(c), on the aggregate face amount of such Letters of Credit ------- outstanding from time to time, for distribution to the Purchasers in proportion to their respective participations therein, provided, that on any day when an Early Amortization Event shall -------- have occurred and be continuing, such fee shall accrue and be payable at the rate of 2.0% per annum.
(iii) The Transferor shall pay to the L/C Issuing Bank such fees relating to each Letter of Credit that the L/C Issuing Bank charges its corporate customers including fees for the amendment, transfer or assignment of proceeds, payment, acceptance/deferred payment, canceled or unutilized Letter of Credit, air release, letter of guaranty or teletransmission of any such Letter of Credit, and all related costs, charges and expenses (including reasonable legal fees), on receipt of invoices therefor in accordance with the L/C Issuing Bank's customary practice. The amount of the fees, costs, charges and expenses, and the time of payment thereof, for Letters of Credit may be changed by the L/C Issuing Bank, in its sole discretion, from time to time.
FEES; DEFAULT INTEREST. Occupant shall pay a $50.00 fee for each dishonored check (considered dishonored each time the check is presented to, but not paid by, the bank). Occupant shall pay all fees that Operator incurs for the disposal of Occupant’s trash or for the removal of Occupant’s abandoned property. In the event Occupant fails to pay the rent by the 30th day of the month for which the rent is due, Occupant shall be in default of this Contract and shall pay, in addition to all other amounts due, a late charge of $15.00 for the first month and a late charge of $35 for each month thereafter until Occupant has paid all past due rent and fees. From the date of any default, in addition to late charges, Occupant shall pay Operator interest on all unpaid amounts not paid when due at the rate of 1.5% per month until all such amounts have been paid in full. Operator does not intend to charge interest in excess of that permitted by C.R.S. §▇▇-▇▇-▇▇▇, and to the extent Operator receives intrest in excess of that permitted by C.R.S.
FEES; DEFAULT INTEREST