Common use of Recovery of Rent Clause in Contracts

Recovery of Rent. Landlord shall be entitled at its election to each component of Rent or to any combination of components for any period after default and before termination plus interest at the Default Rate from the due date of each component.

Recovery of Rent. Landlord shall be entitled entitled, at its election Landlord’s election, to each component installment of Rent rent or to any combination of components installments for any period after default and before termination termination, plus interest at the Default Rate rate of twelve and a half (12.5%) percent from the due date of each componentinstallment.