INTEREST ON PAST-DUE OBLIGATIONS. Except as expressly herein provided, any amount due to Landlord not paid when due shall bear interest at the maximum rate then allowable by law from the date due. Payment of such interest shall not excuse or cure any default by Tenant under this Lease, provided, however, that interest shall not be payable on late charges incurred by Tenant nor on any amounts upon which late charges are paid by Tenant.
Appears in 2 contracts
Samples: Startup Lab Lease Agreement, Lease Agreement
INTEREST ON PAST-DUE OBLIGATIONS. Except as expressly herein provided, any amount due to Landlord not paid when due shall bear interest at the maximum rate then allowable by law from the date due. Payment of such interest shall not excuse or cure any default by Tenant under this Lease, ; provided, however, that interest shall not be payable on late charges incurred by Tenant nor on any amounts upon which late charges are paid by Tenant.
Appears in 2 contracts
Samples: License Agreement, Substance Abuse Technologies Inc
INTEREST ON PAST-DUE OBLIGATIONS. Except as expressly herein provided, any Any amount due owed by Tenant to Landlord which is not paid when due shall bear interest at a rate equal to the maximum rate then allowable by under applicable law (the "Default Rate") from the date that said payment was originally due. Payment of such interest shall not excuse or cure any default by Tenant under this LeaseHowever, provided, however, that said interest shall not be payable on late charges incurred by Tenant nor on any amounts upon which late charges are paid by TenantTenant under this Lease. The payment of interest on such amounts shall not excuse or cure any default by Tenant under this Lease.
Appears in 2 contracts
Samples: Lease Agreement (Adsouth Partners, Inc.), Warehouse Lease (Newagecities Com Inc)
INTEREST ON PAST-DUE OBLIGATIONS. Except as expressly herein provided, any Any amount due from Tenant to Landlord hereunder which is not paid when due shall bear interest at the maximum rate then allowable by law or judgment from the date dueof notice of delinquency from Landlord. Payment The payment of interest on such interest amounts shall not excuse or cure any default by Tenant under this Lease, ; provided, however, that interest shall not be payable on late charges incurred to be paid by Tenant nor on any amounts upon which late charges are paid by Tenantunder this Lease.
Appears in 2 contracts
Samples: Lease Termination Agreement (Maxim Pharmaceuticals Inc), Work Letter Agreement (Maxim Pharmaceuticals Inc)
INTEREST ON PAST-DUE OBLIGATIONS. Except as expressly herein provided, any Any amount that is due to Landlord and not paid when due shall bear interest from the date due at the maximum rate then allowable by law from the date due. Payment of such interest shall not excuse or cure any default by Tenant under this Lease, law; provided, however, that interest shall not be payable on late charges incurred by Tenant. Payment of the interest shall not cure any default by Tenant nor on any amounts upon which late charges are paid by Tenantunder this Lease.
Appears in 2 contracts
Samples: Commercial Lease Agreement, Industrial Lease
INTEREST ON PAST-DUE OBLIGATIONS. Except as expressly herein providedIn addition to any late charges payable hereunder, any amount due from Tenant to Landlord which is not paid when due shall bear interest at the maximum rate then allowable by law from the date dueInterest Rate. Payment The payment of such interest shall not excuse or cure any default by Tenant under this Lease, provided, however, that interest shall not be payable on late charges incurred by Tenant nor on any amounts upon which late charges are paid by Tenant.
Appears in 1 contract
Samples: Access Integrated Technologies Inc
INTEREST ON PAST-DUE OBLIGATIONS. Except as expressly herein provided, any amount due to Landlord not paid when due shall bear interest at the maximum rate then allowable by law or judgments from the date due. , Payment of such interest shall not excuse or cure any default by Tenant under this Lease, ; provided, however, that interest shall not be payable on late charges incurred by Tenant nor on any amounts upon which late charges are paid by Tenant.
Appears in 1 contract
Samples: Standard Office Lease (Excalibur Technologies Corp)
INTEREST ON PAST-DUE OBLIGATIONS. Except as expressly herein provided, any Any amount that is due to Landlord and not paid when due shall bear interest from the date due at the maximum rate then allowable by law from the date due. Payment of such interest shall not excuse or cure any default by Tenant under this Lease, law; provided, however, that interest shall not be payable on late charges incurred by Xxxxxx. Payment of the interest shall not cure any default by Tenant nor on any amounts upon which late charges are paid by Tenantunder this Lease.
Appears in 1 contract
Samples: Real Property Lease Agreement
INTEREST ON PAST-DUE OBLIGATIONS. Except as expressly herein provided, any Any amount due not paid by Tenant to Landlord not paid when due shall bear interest from the date due at the maximum rate then than allowable by law from the date duelaw, except that interest shall not be payable on any late charge. Payment of such interest shall not excuse or cure any default by Tenant under this Lease, provided, however, that interest shall not be payable on late charges incurred by Tenant nor on any amounts upon which late charges are paid by Tenant.
Appears in 1 contract
INTEREST ON PAST-DUE OBLIGATIONS. Except as expressly herein provided, any amount due to Landlord that is not paid when due shall bear interest at [*] or the maximum rate then allowable permitted by law from the date dueapplicable law. Payment of such interest shall not excuse or cure any default by Tenant under this Lease, ; provided, however, that interest shall not be payable on late charges incurred by Tenant nor on any amounts upon which late charges are paid by Tenant.
Appears in 1 contract
Samples: Standard Lease (Ambarella Inc)