Common use of Interest on Past Due Amounts Clause in Contracts

Interest on Past Due Amounts. Any amounts owing by Tenant to ---------------------------- Landlord under the terms of this Lease shall carry interest from the date the same become due until paid at the rate of one percent (1%) per month and said interest shall be considered as a part of the rental payable hereunder; provided, however, that nothing contained herein shall be construed as authorizing Tenant to make payments of all sums required hereunder in other than a timely fashion.

Interest on Past Due Amounts. Any amounts owing by Tenant to Landlord ---------------------------- Landlord under the terms of this Lease shall carry interest from the date the same become due until paid at the rate of one percent (1%) per month and said interest shall be considered as a part of the rental payable hereunder; provided, however, that nothing contained herein shall be construed as authorizing Tenant to make payments of all sums required hereunder in other than a timely fashion.

Interest on Past Due Amounts. Any amounts owing by Tenant to ---------------------------- Landlord under the terms of this Lease shall carry interest from the date the same become due until paid at the rate of one percent (1%) per month and said or such other maximum rate as is allowed by applicable law. Said interest shall be considered as a part of the rental payable hereunder; provided, however, that nothing contained herein shall be construed as authorizing Tenant to make payments of all sums required hereunder in other than a timely fashion.