Common use of Interest and Late Charges Clause in Contracts

Interest and Late Charges. Rent not paid within 10 days of when due shall bear interest from the date due until paid at the rate of 10 percent per annum. Landlord may at its option impose a late charge of $.05 for each $1.00 of rent for rent payments made more than 10 days late in addition to interest and other remedies available for default.

Appears in 3 contracts

Samples: Lease and Amendments (Microhelix Inc), Assignment and Modification of Lease (Agritope Inc), Thrustmaster Inc

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Interest and Late Charges. Rent not paid within 10 days of when due shall bear interest from the date due until paid at the rate of 10 percent per annum. Landlord may at its option impose a late charge of $.05 for each $1.00 of rent for rent payments made more than 10 days late in addition to interest and other remedies available for default.

Appears in 2 contracts

Samples: Lease, Lease

Interest and Late Charges. Rent not paid within 10 days of when due shall bear interest from the date due until paid at the rate of 10 percent per annum. Landlord may at its option impose a late later charge of $.05 for each $1.00 of rent for rent payments made more than 10 days late in addition to interest and other remedies available for default.

Appears in 2 contracts

Samples: Lease (Fei Co), Lease (Fei Co)

Interest and Late Charges. Rent not paid within 10 ten (10) days of when due shall bear interest from the date due until paid at the rate of 10 ten percent (10%) per annum. Landlord may at its option impose a late charge of $.05 for each $1.00 of rent for rent payments made more than 10 ten (10) days late in addition to interest and other remedies available for default.

Appears in 2 contracts

Samples: Lease (Microfield Graphics Inc /Or), Lease (Choicetel Communications Inc /Mn/)

Interest and Late Charges. Rent not paid within 10 ten (10) days of when due shall bear interest from the date due until paid at the rate of 10 percent 18% per annum. Landlord Lessor may at its option impose a late charge of $.05 .04 for each $1.00 of rent for rent payments made more than 10 ten (10) days late in addition to interest and other remedies available for default.

Appears in 1 contract

Samples: Lease Agreement (Bio Imaging Technologies Inc)

Interest and Late Charges. Rent Subject to Section 13.1 to the extent applicable, rent not paid within 10 ten (10) days of when due shall bear interest from the date due until paid at the rate of 10 ten percent (10%) per annum. Landlord may at its option impose a late charge of $.05 for each $1.00 of rent for rent payments made more than 10 ten (10) days late in addition to interest and other remedies available for default.

Appears in 1 contract

Samples: Lease (I Flow Corp /De/)

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Interest and Late Charges. Rent not paid within 10 ten (10) business days of when due shall bear interest from the date due until paid at the rate of 10 ten percent (10%) per annum. Landlord may at its option impose a late charge of $.05 for each $1.00 of rent for rent payments made more than 10 ten (10) days late in addition to interest and other remedies available for default.

Appears in 1 contract

Samples: Planar Systems Inc

Interest and Late Charges. Rent not paid within 10 days of when due shall bear interest from the date due until paid at the rate of 10 ten (10%) percent per annumannum until paid. Landlord may at its option impose a late charge of $.05 for each $1.00 of rent for rent payments made more than 10 ten (10) days late in addition to interest and other remedies available for default.

Appears in 1 contract

Samples: Office Lease (Labtec Inc /Ma)

Interest and Late Charges. Rent not paid within 10 days of when due shall bear interest from the date due until paid at the rate of 10 percent per annumannum until paid. Landlord may at its option impose a late charge of $.05 for each $1.00 1 of rent for rent payments made more than 10 days late in addition to interest and other remedies available for default.

Appears in 1 contract

Samples: Office Lease (Anchor Pacific Underwriters Inc)

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