Interest on Past Due Rent. If Tenant shall fail to pay, when the same is due and payable, Minimum Rent, or Additional Rent, such unpaid amounts shall bear interest from the due date thereof to the date of payment, at the prime interest rate of the Chase Manhattan Bank, N.A. as of such due date, plus three percent (3%) (“Default Date”).
Interest on Past Due Rent. If Tenant shall fail to pay within ten (10) days receipt of written notice, any Base Rent or Additional Rent, such unpaid amounts shall bear interest from the due date thereof to the date of payment, at the prime interest rate of the JPMorgan Chase Bank as of such due date, plus ten percent (10%) (“Default Rate”).
Interest on Past Due Rent. All past due installments of Rent shall bear interest until paid at a rate per annum equal to four percent (4%) above the prime rate of interest from time to time publicly announced by NationsBank, N.A., or any successor thereof (the "DEFAULT RATE"); provided, however, that if at the time such interest is sought to be imposed the rate of interest exceeds the maximum rate permitted under federal law or under the laws of the Commonwealth of Virginia, the rate of interest shall be the maximum rate of interest then permitted by applicable law.
Interest on Past Due Rent. If Tenant shall fail to pay, when the same is due and payable, Base Rent, or Additional Rent, such unpaid amounts shall bear interest from the due date thereof to the date of payment, at the lower of (i) the prime interest rate of the JPMorgan Chase Bank as of such due date, plus ten percent (10%); or (ii) the maximum amount permitted to be charged under Massachusetts law (“Default Rate”).
Interest on Past Due Rent. All installments of Rent unpaid five (5) days after notice from Landlord to Tenant of such delinquency shall bear interest until paid fit. a rate per annum equal to two percent (2%) above the prime rate of interest from time to time publicly announced by NationsBank, N.A., or any successor thereof (the "Default Rate"); provided, however, that if at the time such interest is ------------ sought to be imposed the rate of interest exceeds the maximum rate permitted under federal law or under the laws of the Commonwealth of Virginia, the rate of interest shall be the maximum rate of interest then permitted by applicable law.
Interest on Past Due Rent. Any installment of Rent required to be ------------------------- paid by Tenant under this Lease which is not paid when due shall bear interest at the rate of eighteen percent (18%) per annum from the due date until paid. This interest is intended to reimburse Landlord for expenses incurred by reason of such failure by Tenant. It is agreed by Tenant that such an interest is not a penalty.
Interest on Past Due Rent. Any and all rent hereunder and other sums that may be and become due and owing from Subtenant to Sublandlord hereunder which is not paid when due shall bear interest thereafter at the lesser of eighteen percent (18%) per annum or the highest contract rate permitted by law, and Sublandlord shall be entitled to recover any costs incurred in collecting any sums due hereunder, including reasonable attorneys' fees.
Interest on Past Due Rent. Any Rent which is not received by Lessor when due shall bear interest at the rate of twelve percent (12%) per annum, but not exceeding the maximum rate permitted by law (the “Interest Rate”), from the date due until payment in full is received by Lessor.
Interest on Past Due Rent. If any installments of Rent are not received within five (5) days after the due date, then such amount will bear interest from the due date until paid at the rate of ten percent (10%) per year, subject to any limitations imposed by Legal Requirements (the “Interest Rate”). However, interest shall not be payable on late charges incurred by Tenant nor on any amounts on which late charges are paid by Tenant to the extent this interest would cause the total interest to be in excess of that legally permitted. Payment of interest shall not excuse or cure any default by Tenant.
Interest on Past Due Rent. All past due payments of Rent shall bear interest at an annual rate of two percent (2%) above the prime rate of interest published or announced by the United States National Bank of Oregon, Main Office, in effect upon the date said payment is due and calculated from due date until paid; provided that if the maximum annual rate of interest permitted by applicable law shall be less than the rate of interest provided for herein, then all past due payments shall bear interest at the maximum rate permitted by applicable law from due date until paid.
