ADDITIONAL PROVISIONS REGARDING PAYMENT OF RENT Sample Clauses

ADDITIONAL PROVISIONS REGARDING PAYMENT OF RENT. All Rent shall be due and payable without any setoff or deduction to Landlord at the times specified in this Article, above. If any installment (except as otherwise specifically provided for in the Lease) of Rent is not paid within 10 days of its due date, Tenant shall pay a late charge to Landlord equal to $100. If the outstanding balance of Rent owed to Landlord contains any amount that has not been paid within 10 days of its due date, then beginning on the 11th day, the entire outstanding balance of Rent owed by Tenant shall bear interest at the "Default Rate", until the outstanding balance no longer includes any amounts not paid within 10 days of their due date. The "Default Rate" is the rate of interest equal to the lesser of: [i] 2% over the "Wall Street Prime" in effect at the time the Default Rate begins to accrue; or [ii] the maximum rate of interest permitted to be charged under law. Any liability for unpaid Rent shall survive the termination of the Lease.
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ADDITIONAL PROVISIONS REGARDING PAYMENT OF RENT. All Rent shall be due and payable without any setoff or deduction to Landlord at the times specified in this Article, above except as otherwise provided herein or as provided by applicable law. If any installment of Rent is not paid within 10 days of its due date, Tenant shall pay a late charge to Landlord equal to the greater of $100 or 5% of the overdue payment. Notwithstanding same Tenant shall be entitled to one late payment not to exceed 15 days over the course of the Calendar year. If the outstanding balance of Rent owed to Landlord contains any amount that has not been paid within 10 days of its due date, then beginning on the 11th day, the entire outstanding balance of Rent owed by Tenant shall bear interest at the “Default Rate”, until the outstanding balance no longer includes any amounts not paid within 10 days of their due date. The “Default Rate” is the rate of interest equal to the lesser of: [i] 2% over the Wall Street Prime in effect at the time the Default Rate begins to accrue; or [ii] the maximum rate of interest permitted to be charged under law. Any liability for unpaid Rent shall survive the termination of the Lease.
Sample 1
ADDITIONAL PROVISIONS REGARDING PAYMENT OF RENT. All Rent shall be due and payable without any setoff or deduction to Landlord at the times specified in this Article, above. If any installment of Rent is not paid within fifteen (15) days of its due date, Tenant shall pay a late charge to Landlord equal to the greater of $100.00 or five percent (5%) of the overdue payment. Any liability for unpaid Rent shall survive the termination of this Lease.‌ Any and all costs, charges, taxes, premiums, fees or expenses which the Tenant assumes or agrees to pay pursuant to this Lease, including all Operating Expenses, whether pursuant to this Section or elsewhere in this Lease, shall, at the Landlord’s election, be treated as Additional Rent, and in the event of nonpayment thereof, the Landlord shall have the rights and remedies herein provided in the event of nonpayment of Rent or of a breach of a condition or covenant of this Lease.‌ Tenant and Landlord agree that, for all purposes in any way connected with or arising out of this Section 4.03, the statement delivered by Landlord pursuant to this paragraph containing reasonable detail as to Landlord's calculation and the miscellaneous items making up same shall be binding and conclusive on Tenant, unless objected to by Tenant within forty five (45) days after receipt thereof by notice from Tenant specifying Tenant’s objections thereto, provided that Tenant shall, in any case, pay such portions thereof as to which there is no objection. Tenant shall have the right to inspect at reasonable times and upon reasonable advance notice Landlord’s books and records which relate to these items of cost.‌
Sample 1
ADDITIONAL PROVISIONS REGARDING PAYMENT OF RENT. All Rent shall be due and payable without any setoff or deduction to Landlord at the times specified in this Article, above. If any installment of Rent is not paid within ten (10) days of its due date, Tenant shall pay a late charge to Landlord equal to the greater of $100 or 5% of the overdue payment. If the outstanding balance of Rent owed to Landlord contains any amount that has not been paid within ten (10) days of its due date, then beginning on the eleventh (11th) day, the entire outstanding balance of Rent owed by Tenant shall bear interest at the Default Rate, until the outstanding balance no longer includes any amounts not paid within ten (10) days of their due date. Any liability for unpaid Rent shall survive the termination of the Lease.
Sample 1
ADDITIONAL PROVISIONS REGARDING PAYMENT OF RENT. All payments of Rent shall be delivered to the Town’s Notice Address. All Rent shall be due and payable without any setoff or deduction to Town at the times specified in this Article, above. If any installment of Rent is not paid within ten (10) days of its due date, Tenant shall pay a late charge to Town equal to the greater of $100 or 5% of the overdue payment. If the outstanding balance of Rent owed to Town contains any amount that has not been paid within ten (10) days of its due date, then beginning on the eleventh (11th) day, the entire outstanding balance of Rent owed by Tenant shall bear interest at the Default Rate, until the outstanding balance no longer includes any amounts not paid within ten (10) days of their due date. Upon the occurrence of a Pandemic or Industry Down-Turn as set forth herein, no late payment shall be applied to the periods when Tenant’s obligation to pay Base rent is suspended. Any liability for unpaid Rent shall survive the termination of the Lease.
Sample 1

Related to ADDITIONAL PROVISIONS REGARDING PAYMENT OF RENT

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