Common use of Interest and Costs Clause in Contracts

Interest and Costs. The Tenant shall pay monthly to the Landlord interest at a rate equal to the lesser of the prime rate established as such by the Landlord’s bank from time to time plus one per cent per annum and the maximum rate permitted by applicable law, upon any default in payment of Rent from the due date for payment thereof until the same is fully paid and satisfied. The Tenant shall indemnify the Landlord against all costs and charges reasonably incurred in enforcing payment of Rent hereunder and in obtaining possession of the Leased Premises should the same be necessary.

Interest and Costs. The Tenant shall pay monthly to the Landlord interest at a rate equal the Prime Rate plus three percent (3%) on all Rent required to the lesser of the prime rate established as such by the Landlord’s bank from time to time plus one per cent per annum and the maximum rate permitted by applicable law, upon any default in payment of Rent be paid hereunder from the due date for payment thereof until the same is fully paid and satisfied. The Tenant shall indemnify the Landlord against all costs and charges (including legal fees) lawfully and reasonably incurred in enforcing payment of Rent hereunder thereof and in obtaining possession of the Leased Premises should after an event of default, or upon expiration or earlier termination of the same be necessaryTerm of this Lease or in enforcing any covenant, proviso or agreement of Tenant herein contained.

Interest and Costs. The Tenant shall pay monthly to the Landlord interest at a rate equal to the lesser of the prime rate established as such by the Landlord’s 's bank from time to time plus one per cent per annum and the maximum rate permitted by applicable law, upon any default in payment of Rent from the due date for payment thereof until the same is fully paid and satisfied. The Tenant shall indemnify the Landlord against all costs and charges reasonably incurred in enforcing payment of Rent hereunder and in obtaining possession of the Leased Premises should the same be necessary.

Interest and Costs. The Tenant shall pay monthly to the Landlord interest at a rate equal the Prime Rate plus two percent (2%) on all Rent required to the lesser of the prime rate established as such by the Landlord’s bank from time to time plus one per cent per annum and the maximum rate permitted by applicable law, upon any default in payment of Rent be paid hereunder from the due date for payment thereof until the same is fully paid and satisfied. The Tenant shall indemnify the Landlord against all costs and charges (including legal fees) lawfully and reasonably incurred in enforcing payment of Rent hereunder thereof and in obtaining possession of the Leased Premises should after an event of default, or upon expiration or earlier termination of the same be necessaryTerm of this Lease or in enforcing any covenant, proviso or agreement of the Tenant herein contained.