Common use of Rent Past Due Clause in Contracts

Rent Past Due. If the Tenant fails to pay any Rent when the same is due and payable, such unpaid amount shall bear interest at the rate of eighteen percent (18%) per annum (calculated monthly at the rate of one and one‐ half percent (1.5%), such interest to be calculated from the time such Rent becomes due until paid by the Tenant.

Appears in 2 contracts

Samples: lb-egenda.middlesex.ca, www.middlesex.ca

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Rent Past Due. If the Tenant fails shall fail to pay any Rent when the same is due and payable, such unpaid amount shall bear interest at the rate of eighteen percent (18%) per annum (calculated monthly at the rate of one and one‐ one-half percent (1.5%) percent), such interest to be calculated from the time such Rent becomes due until paid by the Tenant.

Appears in 1 contract

Samples: Agreement

Rent Past Due. If the Tenant fails to pay any Rent when the same is due and payable, such unpaid amount shall bear interest at the rate per annum equal to the prime rate of eighteen interest charged by the Landlord’s Chartered bank plus four percent (18%) per annum (calculated monthly at the rate of one and one‐ half percent (1.54%), from time to time, such interest to be calculated from the time such Rent becomes due until paid by the Tenant.

Appears in 1 contract

Samples: Appendix A2 – Lease Agreement

Rent Past Due. If the Tenant fails to pay any Rent when the same is due and payable, such unpaid amount shall bear interest at the rate of eighteen percent (18%) per annum (calculated monthly and compounded monthly at the rate of one and one‐ one-half percent (1.5%), such interest to be calculated ) from the time such Rent becomes due until paid by the Tenant.

Appears in 1 contract

Samples: Lease

Rent Past Due. If the Tenant fails shall fail to pay any Rent when the same is due and payable, payable (subject to the Tenant Set-off Right) such unpaid amount shall bear interest at the rate of eighteen twelve percent (1812%) per annum (calculated monthly at the rate of one and one‐ half percent (1.51%), ) such interest to be calculated calculated, but not compounded, from the time such Rent becomes due until paid by the Tenant.

Appears in 1 contract

Samples: Asset Purchase Agreement (Caraustar Industries Inc)

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Rent Past Due. If the Tenant fails to pay any Rent when the same is due and payable, such unpaid amount shall bear bears interest at the rate of eighteen percent (18%) 1% per annum (calculated monthly at the rate of one and one‐ half percent (1.5%)on a per diem basis, such interest to be calculated from the time such Rent becomes due until paid by the Tenant.

Appears in 1 contract

Samples: Lease Agreement

Rent Past Due. If the Tenant fails to pay any Basic Rent when the same is due and payable, such unpaid amount shall bear interest at the rate of eighteen percent (18%) per annum perannum (calculated monthly at the rate of one and one‐ one-half percent (1.5%), ) and such interest to shall be calculated from the time such Basic Rent becomes due until paid by the Tenant.

Appears in 1 contract

Samples: Lease

Rent Past Due. If the Tenant fails to pay any Rent when the same is due and payable, such unpaid amount shall bear interest at the rate of eighteen percent (18%) per annum (calculated monthly at the rate of one and one‐ one-half percent (1.5%)), such interest to be calculated from the time such Rent becomes due until paid by the Tenant.

Appears in 1 contract

Samples: Lease

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