Interest on Past Due Rent. If Tenant shall fail to pay, when the same is due and payable, Minimum Rent, or Additional Rent, such unpaid amounts shall bear interest from the due date thereof to the date of payment, at the prime interest rate of the JPMorgan Chase Bank as of such due date, plus fifteen percent (15%) (“Default Date”).
Appears in 2 contracts
Samples: To Lease (Radiation Therapy Services Holdings, Inc.), Lease (Radiation Therapy Services Inc)
Interest on Past Due Rent. If Tenant shall fail to pay, when the same is due and payable, Minimum Base Rent, or Additional Rent, such unpaid amounts shall bear interest from the due date thereof to the date of payment, at the lower of (i) the prime interest rate of the JPMorgan Chase Bank as of such due date, plus fifteen ten percent (1510%); or (ii) the maximum amount permitted to be charged under Massachusetts law (“Default DateRate”).
Appears in 2 contracts
Samples: To Lease (Radiation Therapy Services Holdings, Inc.), Lease (Radiation Therapy Services Holdings, Inc.)
