INTEREST ON PAST-DUE OBLIGATIONS. Except as expressly herein provided, any amount due Landlord not paid when due shall bear interest at ten percent (10%) per annum from the date due. Payment of such interest shall not excuse or cure any default by Tenant under this Lease, provided, however, that interest shall not be payable on late charges incurred by Tenant nor on any amounts upon which late charges are paid by Tenant.
Appears in 2 contracts
INTEREST ON PAST-DUE OBLIGATIONS. Except as expressly herein provided, any amount due to Landlord not paid when due shall bear interest at ten percent (10%) per annum the maximum rate then allowable by law from the date due. Payment of such interest shall not excuse or cure any default by Tenant under this Lease, provided, however, that interest shall not be payable on late charges incurred by Tenant nor on any amounts upon which late charges are paid by Tenant.
Appears in 2 contracts
Samples: Lease Agreement, Startup Lab Lease Agreement
INTEREST ON PAST-DUE OBLIGATIONS. Except as expressly herein provided, any amount due to Landlord not paid when due shall bear interest at ten percent (10%) per annum the maximum rate then allowable by law from the date due. Payment of such interest shall not excuse or cure any default by Tenant under this Lease, ; provided, however, that interest shall not be payable on late charges incurred by Tenant nor on any amounts upon which late charges are paid by Tenant.
Appears in 2 contracts
Samples: License Agreement, Substance Abuse Technologies Inc
INTEREST ON PAST-DUE OBLIGATIONS. Except as expressly herein provided, any Any amount due from Tenant to Landlord hereunder which is not paid when due shall bear interest at ten percent (10%) per annum the maximum rate then allowable by law or judgment from the date dueof notice of delinquency from Landlord. Payment The payment of interest on such interest amounts shall not excuse or cure any default by Tenant under this Lease, ; provided, however, that interest shall not be payable on late charges incurred to be paid by Tenant nor on any amounts upon which late charges are paid by Tenantunder this Lease.
Appears in 2 contracts
Samples: Lease Termination Agreement (Maxim Pharmaceuticals Inc), Work Letter Agreement (Maxim Pharmaceuticals Inc)
INTEREST ON PAST-DUE OBLIGATIONS. Except as expressly herein provided, any Any amount that is due to Landlord and not paid when due shall bear interest at ten percent (10%) per annum from the date due. Payment of such interest shall not excuse or cure any default due at the maximum rate then allowable by Tenant under this Lease, law; provided, however, that interest shall not be payable on late charges incurred by Tenant. Payment of the interest shall not cure any default by Tenant nor on any amounts upon which late charges are paid by Tenantunder this Lease.
Appears in 2 contracts
Samples: Industrial Lease, Commercial Lease Agreement
INTEREST ON PAST-DUE OBLIGATIONS. Except as expressly herein provided, any amount due to Landlord that is not paid when due shall bear interest at ten the rate of eighteen percent (1018%) per annum from or the date duemaximum interest rate permitted by applicable law. Payment of such interest shall not excuse or cure any default by Tenant under this Lease, ; provided, however, that interest shall not be payable on late charges incurred by Tenant nor on any amounts upon which late charges are paid by Tenant.
Appears in 2 contracts
INTEREST ON PAST-DUE OBLIGATIONS. Except as expressly herein providedprovided to the contrary, any amount due to Landlord not paid when due shall bear interest at ten percent (10%) per annum the maximum rate then allowable by law from the date due. Payment of such interest shall not excuse or cure any default by Tenant under this Lease, provided, however, that interest shall not be payable on late charges incurred by Tenant nor on any amounts upon which late charges are paid by Tenant.
Appears in 2 contracts
Samples: Industrial Lease Agreement (Quaker Fabric Corp /De/), Industrial Lease Agreement (Emerson Radio Corp)
INTEREST ON PAST-DUE OBLIGATIONS. Except as expressly herein provided, any amount due to Landlord not paid when due shall bear interest at ten percent (10%) per annum the maximum rate then allowable by law from the date due. Payment of such interest shall not excuse or cure any default by Tenant under this Lease, provided, however, that interest shall not be payable on late charges incurred by Tenant nor on any amounts upon which late charges are paid by TenantXxxxxx.
Appears in 2 contracts
Samples: Work Agreement, www.gusd.net
INTEREST ON PAST-DUE OBLIGATIONS. Except as expressly herein providedprovided in this Agreement, any amount due to Landlord not paid when due shall bear interest at ten percent (10%) per annum the Penalty Rate from the date due. Payment of such interest shall not excuse or cure any default by Tenant under this the Lease, provided, however, that interest shall not be payable on late charges incurred by Tenant nor on any amounts upon which late charges are paid by Tenant.
Appears in 2 contracts
Samples: Lease Agreement (Jevic Transportation Inc), Lease Agreement (Jevic Transportation Inc)
INTEREST ON PAST-DUE OBLIGATIONS. Except as expressly herein provided, any amount due to Landlord not paid when due shall bear interest at ten percent (10%) per annum the maximum rate then allowable by law or judgments from the date due. , Payment of such interest shall not excuse or cure any default by Tenant under this Lease, ; provided, however, that interest shall not be payable on late charges incurred by Tenant nor on any amounts upon which late charges are paid by Tenant.
Appears in 1 contract
Samples: Standard Office Lease (Excalibur Technologies Corp)
INTEREST ON PAST-DUE OBLIGATIONS. Except as expressly herein providedIn addition to any late charges payable hereunder, any amount due from Tenant to Landlord which is not paid when due shall bear interest at ten percent (10%) per annum from the date dueInterest Rate. Payment The payment of such interest shall not excuse or cure any default by Tenant under this Lease, provided, however, that interest shall not be payable on late charges incurred by Tenant nor on any amounts upon which late charges are paid by Tenant.
Appears in 1 contract
Samples: Access Integrated Technologies Inc
INTEREST ON PAST-DUE OBLIGATIONS. Except as expressly herein provided, any amount due to Landlord or Tenant not paid when due due, shall bear interest at ten percent (10%) per annum the maximum rate then allowable by law from the date due. Payment of such interest shall not excuse or cure any default by Tenant under this Lease, provided, however, that interest shall not be payable on late charges incurred by Tenant nor on any amounts upon which late charges are paid by Tenant.
Appears in 1 contract
INTEREST ON PAST-DUE OBLIGATIONS. Except as expressly herein provided, any amount due Landlord not paid when due shall bear interest at ten nine percent (109%) per annum from the date due. Payment of such interest shall not excuse or cure any default by Tenant under this Lease, provided, however, that interest shall not be payable on interest or late charges incurred by Tenant nor on any amounts upon which interest or late charges are paid by Tenant.
Appears in 1 contract
Samples: Net Lease (MGP Ingredients Inc)
INTEREST ON PAST-DUE OBLIGATIONS. Except as expressly herein provided, any amount due to Landlord not paid when due due, shall bear interest at ten percent (10%) per annum the maximum rate then allowable by law from the date due. Payment of such interest shall not excuse or cure any default by Tenant under this Lease, provided, however, that interest shall not be payable on late charges incurred by Tenant nor on any amounts upon which late charges are paid by Tenant.
Appears in 1 contract
Samples: Industrial Lease (Panda Project Inc)
INTEREST ON PAST-DUE OBLIGATIONS. Except as expressly herein provided, any amount due to Landlord not paid when due shall bear interest at ten fourteen percent (1014%) per annum from the date duedue date. Payment of such interest shall not excuse or cure any default by Tenant under this Lease, ; provided, however, that interest shall not be payable on late charges incurred by Tenant nor Tenant. Interest, however, shall be payable on any amounts upon which late charges are paid by Tenant.
Appears in 1 contract
Samples: Office Lease (Quespasa Com Inc)
INTEREST ON PAST-DUE OBLIGATIONS. Except as expressly herein provided, any amount due to Landlord that is not paid when due shall bear interest at ten percent (10%) per annum from [*] or the date duemaximum rate permitted by applicable law. Payment of such interest shall not excuse or cure any default by Tenant under this Lease, ; provided, however, that interest shall not be payable on late charges incurred by Tenant nor on any amounts upon which late charges are paid by Tenant.
Appears in 1 contract
Samples: Standard Lease (Ambarella Inc)
INTEREST ON PAST-DUE OBLIGATIONS. Except as expressly herein provided, any amount due to Landlord that is not paid when due shall bear interest at ten percent the lesser of eighteen (1018%) percent per annum from or the date duemaximum rate permitted by applicable law. Payment of such interest shall not excuse or cure any default by Tenant under this Lease, ; provided, however, that interest shall not be payable on late charges incurred by Tenant nor on any amounts upon which late charges are paid by Tenant.
Appears in 1 contract
Samples: Storagenetworks Inc
INTEREST ON PAST-DUE OBLIGATIONS. Except as expressly herein provided, any amount due to Landlord not paid when due shall bear interest at ten percent (10%) per annum the maximum rate then allowable by Applicable Law from the date duedue until paid. Payment of such interest shall not excuse or cure any default by Tenant under this Lease, provided, however, that interest shall not be payable on late charges incurred by Tenant nor on any amounts upon which late charges are paid by TenantXxxxxx.
Appears in 1 contract
Samples: Work Agreement
INTEREST ON PAST-DUE OBLIGATIONS. Except as expressly herein provided, any amount due to Landlord not paid when due shall bear interest at ten percent (10%) per annum from the date duedue at 12% per annum or the maximum rate then allowable by law, whichever is less. Payment of such interest shall not excuse or cure any default by Tenant under this Lease, ; provided, however, that interest shall not be payable on late charges incurred by Tenant nor on any amounts upon which late charges are paid by Tenant.
Appears in 1 contract
Samples: Work Letter Agreement (Corixa Corp)
INTEREST ON PAST-DUE OBLIGATIONS. Except as expressly herein provided, any Any amount that is due to Landlord and not paid when due shall bear interest at ten percent (10%) per annum from the date due. Payment of such interest shall not excuse or cure any default due at the maximum rate then allowable by Tenant under this Lease, law; provided, however, that interest shall not be payable on late charges incurred by Xxxxxx. Payment of the interest shall not cure any default by Tenant nor on any amounts upon which late charges are paid by Tenantunder this Lease.
Appears in 1 contract
Samples: Real Property Lease Agreement
INTEREST ON PAST-DUE OBLIGATIONS. Except as expressly herein providedprovided to the contrary, any amount due to Landlord not paid when due shall bear interest at ten percent (10%) per annum the maximum rate then allowable by law from the date due. Payment of such interest shall not excuse or cure any default by Tenant under this Lease, provided, however, that interest shall not be payable on late charges incurred by Tenant nor on any amounts upon which late charges are paid by Tenant.
Appears in 1 contract
Samples: Industrial Lease Agreement (Jill Kelly Productions Holding, Inc.)
INTEREST ON PAST-DUE OBLIGATIONS. Except as expressly herein provided, any Any amount due Landlord not paid by Tenant to Landlord when due shall bear interest at ten percent (10%) per annum from the date duedue at the maximum rate than allowable by law, except that interest shall not be payable on any late charge. Payment of such interest shall not excuse or cure any default by Tenant under this Lease, provided, however, that interest shall not be payable on late charges incurred by Tenant nor on any amounts upon which late charges are paid by Tenant.
Appears in 1 contract
INTEREST ON PAST-DUE OBLIGATIONS. Except as expressly herein provided, any amount due to Landlord not paid when due shall bear interest at ten percent (10%) per annum the Interest Rate from the date duedue date. Payment of such interest shall not excuse or cure any default by Tenant under this Lease, provided, however, that interest shall not be payable on late charges incurred by Tenant nor on any amounts upon which late charges are paid by Tenant.
Appears in 1 contract
Samples: Arterial Vascular Engineering Inc
INTEREST ON PAST-DUE OBLIGATIONS. Except as otherwise expressly herein provided, any amount due to Landlord not paid when due shall bear interest at ten percent (10%) per annum the maximum rate then allowable by law from the date due. Payment of such interest shall not hot excuse or cure any default by Tenant under this Lease, provided, however, that interest shall not be payable on late charges incurred by Tenant nor on any amounts upon which late charges are paid by Tenant.
Appears in 1 contract
Samples: Lease (Telco Systems Inc /De/)
INTEREST ON PAST-DUE OBLIGATIONS. Except as expressly herein provided, any amount due to Landlord not paid when due shall bear interest at the rate of ten percent (10%) percent per annum from the date due. Payment of such interest shall not excuse or cure any default by Tenant under this Lease, ; provided, however, that interest shall not be payable on late charges incurred by Tenant nor on any amounts upon which late charges are paid by Tenant.
Appears in 1 contract
Samples: Sabratek Corp
INTEREST ON PAST-DUE OBLIGATIONS. Except as expressly herein provided, any amount due to Landlord not paid when due shall bear interest at ten percent (10%) per annum the maximum rate then allowable by law on judgments from the date due. Payment of such interest shall not excuse or cure any default by Tenant under this Lease, ; provided, however, that interest shall not be payable on late charges incurred by Tenant nor on any amounts upon which late charges are paid by Tenant.
Appears in 1 contract
Samples: Office Lease (Omp Inc)
INTEREST ON PAST-DUE OBLIGATIONS. Except as expressly herein provided, any amount due to Landlord not paid when due shall bear interest at ten percent (10%) per annum the maximum rate then allowable by law from the date due. Payment of such interest shall not excuse or cure any default by Tenant under this Lease, provided, however, that interest shall not be payable on late charges incurred by Tenant nor on any amounts upon which late charges are paid by Tenant.
Appears in 1 contract
INTEREST ON PAST-DUE OBLIGATIONS. Except as expressly herein providedprovided in this Lease, any amount due Landlord not paid to Landlord when due shall bear interest at ten percent (10%) per annum the maximum annual rate then allowable by law from the date duedue until paid. Payment of such interest shall not excuse or cure any default by Tenant under this Lease, provided, however, that interest shall not be payable on late charges incurred by Tenant nor on any amounts upon which late charges are paid by Tenant.
Appears in 1 contract
Samples: Lease (Northern Empire Bancshares)
INTEREST ON PAST-DUE OBLIGATIONS. Except as expressly herein provided, any amount due to Landlord not paid when due shall bear interest at ten percent (10%) per annum the maximum rate permitted by law from the date duedue date. Payment of such interest shall not excuse or cure any default by Tenant under this Lease, provided, however, that interest shall not be payable on late charges incurred by Tenant nor on any amounts upon which late charges are paid by Tenant.
Appears in 1 contract
Samples: Industrial Lease (Sunpower Corp)
INTEREST ON PAST-DUE OBLIGATIONS. Except as expressly herein provided, any amount due to Landlord and not paid when due shall bear interest at a rate of ten percent (10%) per annum annually from the date due. Payment of such interest shall not excuse or cure any default by Tenant under this Lease, ; provided, however, that interest shall not be payable on late charges incurred by Tenant nor on any amounts upon which late charges are paid by Tenant.
Appears in 1 contract
Samples: Tenant Lease Agreement (Wireless Ronin Technologies Inc)