Common use of Unpaid Taxes Clause in Contracts

Unpaid Taxes. If Lessee fails to pay any such taxes, assessments or other public charges which it is obligated to pay as provided in this Article, before the same become delinquent, then and in such event, Lessor may pay the same, together with any interest and penalties thereon, and the amount so paid shall be deemed rent immediately due and payable by Lessee to Lessor on demand, together with interest thereon at the rate of ten percent (10%) per annum plus an additional service fee of two percent (2%).

Unpaid Taxes. If Lessee fails to pay any such taxes, assessments or other public charges which it is obligated to pay as provided in this Article, before the same become delinquent, then and in such event, Lessor may pay the same, together with any interest and penalties thereon, and the amount so paid shall be deemed rent immediately due and payable by Lessee to Lessor on within 10 days of written demand, together with interest thereon from the payment date at the rate of ten percent (10%) per annum plus an additional service fee of two percent (2%).

Unpaid Taxes. If Lessee fails to pay any such taxes, assessments or other public charges which it is obligated to pay as provided in this Article, before the same become delinquent, then and in such event, Lessor may pay the same, together with any interest and penalties thereon, and the amount so paid shall be deemed rent immediately due and payable by Lessee to Lessor on within 10 days of written demand, together with interest thereon from the payment date at the rate of ten percent (10%) per annum plus an additional service fee of two percent (2%)) .