Common use of Interest and Late Charge Clause in Contracts

Interest and Late Charge. Landlord may charge a late payment charge of three percent (3%) of any installment of Fixed Basic Rent or Additional Rent that is not paid within five (5) days after written notice that the same is past due. Any amount due from Tenant to Landlord which is not paid when due shall bear interest (“Interest”) at an interest rate equal to the Prime Rate published from time to time in the Money Rates column of the Wall Street Journal plus 2% (or, if lower, the highest rate then allowed under the usury laws of the Commonwealth of Pennsylvania) from the date due until the date paid. The right of Landlord to charge a late charge and interest with respect to past due installments of Fixed Basic Rent and Additional Rent is in addition to Landlord’s rights and remedies upon an Event of Default.

Interest and Late Charge. Landlord may charge a late payment charge of three five percent (35%) of any installment of Fixed Basic Rent or Additional Rent that is not paid within five (5) days after written notice that on or before the same is past duedue date thereof. Any amount due from Tenant to Landlord which is not paid when due shall bear interest (“"Interest”") at an interest rate equal to the Prime Rate published from time to time in the Money Rates column of the Wall Street Journal (East Coast Edition) plus 23% (or, if lower, the highest rate then allowed under the usury laws of the Commonwealth of Pennsylvania) from the date due until the date paid. The right of Landlord to charge a late charge and interest with respect to past due installments of Fixed Basic Rent and Additional Rent is in addition to Landlord’s 's rights and remedies upon an Event event of Defaultdefault.

Interest and Late Charge. Landlord may charge a late payment charge of three five percent (35%) of any installment of Fixed Basic Rent or Additional Rent that is not paid within five (5) days after written notice that of the same is past duedue date thereof. Any amount due from Tenant to Landlord which is not paid when due shall bear interest (“Interest”) at an interest rate equal to the Prime Rate published from time to time in the Money Rates column of the Wall Street Journal plus 2% (or, if lower, the highest rate then allowed under the usury laws of the Commonwealth of Pennsylvania) from the date due until the date paid. The right of Landlord to charge a late charge and interest with respect to past due installments of Fixed Basic Rent and Additional Rent is in addition to Landlord’s rights and remedies upon an Event event of Defaultdefault.

Interest and Late Charge. Landlord may charge a late payment charge of three five percent (35%) of any installment of Fixed Basic Rent or Additional Rent that is not paid within five ten (510) days after written notice that of the same is past duedue date thereof. Any amount due from Tenant to Landlord which is not paid when due shall bear interest (“Interest” or “interest”) at an interest rate equal to the Prime Rate published from time to time in the Money Rates column of the Wall Street Journal plus two percent (2% %) (or, if lower, the highest rate then allowed under the usury laws of the Commonwealth of Pennsylvania) from the date due until the date paid. The right of Landlord to charge a late charge and to charge interest with respect to past due installments of Fixed Basic Rent and Additional Rent amounts is in addition to Landlord’s rights and remedies upon an Event of Default.