Late Charges. Tenant's failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent (10%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 10 contracts
Sources: Industrial Real Estate Lease (Doskocil Manufacturing Co Inc), Industrial Real Estate Lease (Doskocil Manufacturing Co Inc), Industrial Real Estate Lease (Doskocil Manufacturing Co Inc)
Late Charges. Tenant's failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent (10%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 10 contracts
Sources: Industrial Real Estate Lease (Natural Alternatives International Inc), Industrial Real Estate Lease (Conns Inc), Early Possession Agreement (Ashworth Inc)
Late Charges. Tenant▇▇▇▇▇▇'s failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent (10%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 7 contracts
Sources: Real Estate Lease (Simple Technology Inc), Industrial Real Estate Lease (Hot Topic Inc /Ca/), Lease Agreement (Apex Pc Solutions Inc)
Late Charges. Tenant's failure Tena▇▇'▇ ▇ailure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent (10%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 5 contracts
Sources: Industrial Real Estate Lease (Viasat Inc), Industrial Real Estate Lease (Natural Nutrition Group Inc), Lease Agreement (Fresh Juice Co Inc)
Late Charges. Tenant's ’s failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent (10%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 5 contracts
Sources: Industrial Real Estate Lease (Chino Commercial Bancorp), Industrial Real Estate Lease (Vitacost.com, Inc.), Sublease Agreement (Modtech Holdings Inc)
Late Charges. Tenant's ’s failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the PropertyPremises. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay to Landlord a late charge equal to ten percent (10%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 3 contracts
Sources: Lease Agreement (Endologix Inc /De/), Lease Agreement (TriVascular Technologies, Inc.), Lease Agreement (TriVascular Technologies, Inc.)
Late Charges. Tenant's failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten five (105) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten five percent (105%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 3 contracts
Sources: Industrial Real Estate Sublease (Pets Com Inc), Industrial Real Estate Sublease (Pets Com Inc), Lease (Stratasys Inc)
Late Charges. Tenant's ’s failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten five percent (105%) of the overdue over due amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 3 contracts
Sources: Industrial Real Estate Lease (SeaSpine Holdings Corp), Industrial Real Estate Lease (Isotis Inc), Industrial Real Estate Lease (Isotis Sa)
Late Charges. Tenant's failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten five percent (105%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 2 contracts
Sources: Industrial Real Estate Lease (Carrington Laboratories Inc /Tx/), Commercial Lease Agreement (Antigua Enterprises Inc)
Late Charges. Tenant's failure to pay rent Rent promptly on the first day of each month may cause ------------ Landlord to incur unanticipated costs. The , the exact amount of such costs which are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the PropertyBuilding. Therefore, if Landlord does not receive any rent Rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten six percent (106%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 2 contracts
Sources: Lease Agreement (HNC Software Inc/De), Lease Agreement (Fair Isaac & Company Inc)
Late Charges. Tenant's ’s failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground leasesublease, mortgage or trust deed encumbering the PropertyPremises. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent (10%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment. Landlord agrees that the late charge shall not be charged on the first late payment in any period of twelve consecutive months.
Appears in 2 contracts
Sources: Lease Agreement, Industrial Real Estate Triple Net Lease (Pacira Pharmaceuticals, Inc.)
Late Charges. Tenant's ’s failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting account charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay pay, Landlord a late charge equal to ten percent (10%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 2 contracts
Sources: Industrial Lease Agreement, Industrial Real Estate Lease (Daystar Technologies Inc)
Late Charges. Tenant's failure to pay rent promptly may ------------ cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent (10%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 2 contracts
Sources: Industrial Real Estate Lease (Doskocil Manufacturing Co Inc), Industrial Real Estate Lease (Doskocil Manufacturing Co Inc)
Late Charges. Tenant's failure to pay rent Rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering financing on the Property. Therefore, if If Landlord does not receive any rent Rent payment within ten (10) 10 days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent (10%) % of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 2 contracts
Sources: Industrial Real Estate Lease (Seamed Corp), Industrial Real Estate Lease (Seamed Corp)
Late Charges. Tenant's ’s failure to pay rent Rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are is impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the PropertyPremises. Therefore, if Landlord does not receive any rent payment within ten five (105) business days after it becomes written notice that such amount is past due, Tenant shall pay Landlord a late charge equal to ten five percent (105%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 2 contracts
Sources: Office Lease (Ziprecruiter, Inc.), Office Lease (Ziprecruiter, Inc.)
Late Charges. Tenant's failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes duedue following written demand by Landlord to Tenant, Tenant shall immediately pay Landlord a late charge equal to ten five percent (105%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 2 contracts
Sources: Industrial Real Estate Lease (Caris Life Sciences, Inc.), Industrial Real Estate Lease (Caris Life Sciences, Inc.)
Late Charges. Tenant▇▇▇▇▇▇'s failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount amounts of such costs are impractical or extremely difficult to ascertain. Such costs may may: include, but are not limited to, processing and accounting charges end and late charges which that may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent (10%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs cost Landlord will incur by reason of such late payment.
Appears in 1 contract
Sources: Industrial Real Estate Lease (Avalanche International, Corp.)
Late Charges. Tenant's failure to pay rent promptly may --------------------------- cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the PropertyPremises. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent six percent, (106%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Sources: Standard Single Tenant Center Lease (Applied Micro Circuits Corp)
Late Charges. Tenant's ’s failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, Therefore if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten three percent (103%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Late Charges. Tenant's Tenant s failure to pay rent Rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the PropertyPremises. Therefore, if Landlord does not receive any rent Rent payment within ten five (105) business days after it becomes notice that such amount is due, Tenant shall pay Landlord a late charge equal to ten percent (10%) of the overdue amount$750.00. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Sources: Industrial Lease Agreement (Bucyrus International Inc)
Late Charges. Tenant▇▇▇▇▇▇'s failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent [FIVE PERCENT (105%) )] of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Late Charges. Tenant▇▇▇▇▇▇'s failure to pay rent Rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are is impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the PropertyDemised Premises. Therefore, if Landlord does not receive any rent Rent or Additional Rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten five percent (105%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Sources: Lease Agreement
Late Charges. Tenant's failure Tena▇▇'▇ ▇ailure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, include but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten five percent (105%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Sources: Industrial Real Estate Lease (Multiple Zones International Inc)
Late Charges. Tenant's failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if more than once during the Lease Term, Landlord does not receive any rent payment within ten three (103) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten five percent (105%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Sources: Industrial Real Estate Lease (All American Semiconductor Inc)
Late Charges. Tenant's failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end changes and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent (10%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Sources: Industrial Real Estate Lease (Anchor Pacific Underwriters Inc)
Late Charges. Tenant's ’s failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay to Landlord a late charge equal to ten three percent (103.0%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Sources: Lease Agreement (Pc Mall Inc)
Late Charges. Tenant's failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent (10%IO%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs of Landlord will incur by reason of such late payment.
Appears in 1 contract
Sources: Industrial Real Estate Lease (Newagecities Com Inc)
Late Charges. Tenant's failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent (10%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason reach of such late payment.
Appears in 1 contract
Sources: Industrial Real Estate Lease (Biosite Diagnostics Inc)
Late Charges. Tenant▇▇▇▇▇▇'s failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground leaselese, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent (10%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Sources: Industrial Real Estate Lease (Source Interlink Companies Inc)
Late Charges. Tenant's failure to pay rent promptly may cause ------------ Landlord to incur unanticipated ▇▇▇▇▇icipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes past due, Tenant shall pay Landlord a late charge equal to ten percent (10%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Late Charges. Tenant's failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such , such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not doesn't receive any rent payment within ten five (105) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent (10%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Sources: Lease (DJO Finance LLC)
Late Charges. Tenant's ’s failure to pay any rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by assessment or by any ground lease, mortgage or trust deed encumbering the PropertyPremises. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent (10%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Late Charges. Tenant's failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent (10%) 6% of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Late Charges. Tenant's failure to pay rent Rent promptly may cause ------------ Landlord to incur unanticipated un▇▇▇▇▇▇pated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment of Rent within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent (10%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Late Charges. Tenant's failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten five (105) days after it becomes due, Tenant shall pay Landlord a late charge equal to seven percent (7%) ten percent (10%) of the overdue over due amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Sources: Industrial Real Estate Lease (Arizona Furniture Co)
Late Charges. Tenant's failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay to Landlord a late charge equal to ten percent (10%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Sources: Lease Agreement (Ultra Pac Inc)
Late Charges. Tenant▇▇▇▇▇▇'s failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent (10%) of the overdue amount. The parties agree that such late charge charges represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Late Charges. Tenant's ’s failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten five percent (105%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Sources: Industrial Real Estate Lease (Dicks Sporting Goods Inc)
Late Charges. Tenant's failure to pay rent promptly may cause ------------ Landlord to incur unanticipated i▇▇▇▇ ▇nanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent (10%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Sources: Industrial Real Estate Lease (Arterial Vascular Engineering Inc)
Late Charges. Tenant▇▇▇▇▇▇'s failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are is impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a at late charge equal to ten percent (10%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Sources: Industrial Real Estate Lease (3pea Technologies Inc.)
Late Charges. Tenant▇▇▇▇▇▇'s failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten fifteen percent (1015%) per annum compounded daily, but in no event less than two percent (2%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Late Charges. Tenant's failure to pay rent Rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount amounts of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, or mortgage or deed of trust deed encumbering the Property. Therefore, if Landlord does not receive any rent Rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten five percent (105%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Sources: Triple Net Lease (CUI Global, Inc.)
Late Charges. Tenant's ’s failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are is impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) by the tenth day of the applicable month, and such nonpayment continues for an additional 5 days after it becomes dueLandlord’s written notice to Tenant of the delinquency, Tenant shall pay Landlord a late charge equal to ten five percent (105%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Sources: Multi Tenant Industrial Gross Lease (Churchill Capital Corp IV)
Late Charges. Tenant's failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay to Landlord a late charge equal to ten five percent (105%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment. Notwithstanding the foregoing, Landlord will waive the late charge two times during each calendar year, on a non-cumulative basis.
Appears in 1 contract
Late Charges. Tenant▇▇▇▇▇▇'s failure to pay rent Rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent Rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten five percent (105%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Sources: Real Estate Lease (Emulex Corp /De/)
Late Charges. Tenant's failure to pay rent Rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive receive, more than twice in any rent period of twelve consecutive months, any Rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten five percent (105%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Late Charges. Tenant's failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay to Landlord a late charge equal to ten three percent (103.0%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Sources: Lease Agreement (Pc Mall Inc)
Late Charges. Tenant's failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount amounts of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay to Landlord a late charge equal to ten five percent (105%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Late Charges. Tenant's ’s failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering Lender whose Security Instrument encumbers the PropertyPremises. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent (10%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Sources: Industrial Real Estate Lease (Dynamic Health Products Inc)
Late Charges. Tenant's ’s failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are is impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent (10%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Sources: Multi Tenant Industrial Gross Lease (Activecare, Inc.)
Late Charges. Tenant▇▇▇▇▇▇'s failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are is impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground leasesublease, mortgage or trust deed encumbering the PropertyPremises. Therefore, if Landlord does not receive any rent payment within ten five (105) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten five percent (105%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Late Charges. Tenant's ’s failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount amounts of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent (10%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Sources: Lease Agreement (Lifelock, Inc.)
Late Charges. Tenant's failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the PropertyPremises. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent (10%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Late Charges. TenantT▇▇▇▇▇'s failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent (10%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Sources: Industrial Real Estate Lease (Southern Electronics Corp)
Late Charges. Tenant▇▇▇▇▇▇'s failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent (10%) of the overdue over due amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Sources: Industrial Real Estate Lease (One Source Technologies Inc)
Late Charges. Tenant's failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are is impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten on or before the fifth (105th) days after calendar day of the month in which it becomes due, Tenant shall pay Landlord a late charge equal to ten percent (10%) of the overdue over due amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Sources: Industrial Real Estate Lease (Wrap Technologies, Inc.)
Late Charges. Tenant's failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, and five (5) business days after written notice to Tenant, Tenant shall pay Landlord a late charge equal to ten percent (10%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Sources: Commercial Lease Agreement (Radiation Therapy Services Inc)
Late Charges. Tenant's ’s failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten seven percent (107%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Late Charges. Tenant's failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten five (105) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent (10%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Late Charges. Tenant's ’s failure to pay rent Rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the PropertyPremises. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent (10%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Late Charges. ~ Tenant's failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the PropertyPremises. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent (10%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Late Charges. Tenant's failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent (10%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment. Landlord agrees to notify Tenant if they have not received the rent after 7 days.
Appears in 1 contract
Sources: Industrial Real Estate Lease (Clearone Communications Inc)
Late Charges. Tenant's ’s failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent (10%) of the overdue over due amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Sources: Industrial Real Estate Lease (Liquidity Services Inc)
Late Charges. Tenant's ’s failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such , such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not doesn’t receive any rent payment within ten five (105) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent (10%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment. Tenant shall have two (2) annual late payment waivers provided payment is received within five (5) business days of written notice from Landlord.
Appears in 1 contract
Late Charges. Tenant▇▇▇▇▇▇'s failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. , The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent (10%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Sources: Industrial Real Estate Lease (LML Payment Systems Inc)
Late Charges. Tenant's ’s failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the PropertyPremises. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, . Tenant shall pay Landlord a late charge equal to ten percent (10%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Sources: Industrial Real Estate Lease (Dynamic Health Products Inc)
Late Charges. Tenant's failure Tenant acknowledges that late payment by Tenant to pay Landlord of rent promptly may and other charges provided for under this Lease will cause ------------ Landlord to incur unanticipated costs. The costs not contemplated by this Lease, the exact amount of such costs are impractical or being extremely difficult or impracticable to ascertain. Such costs may include, but are not limited to, processing and accounting charges end late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Propertyfix. Therefore, if any installment of rent or any other charge due from Tenant is not received by Landlord does not receive any rent payment within ten (10) days after it becomes when due, Tenant shall pay to Landlord a late charge an additional sum equal to ten five percent (105%) of the amount overdue amountas a late charge for every month or portion thereof that the rent or other charges remain unpaid. The parties agree that such this late charge represents a fair and reasonable estimate of the costs that Landlord will incur by reason of such the late paymentpayment by T▇▇▇▇▇.
Appears in 1 contract
Sources: Lease (Minerva Surgical Inc)
Late Charges. Tenant's Tenants failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are is impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground leasesublease, mortgage or trust deed encumbering the PropertyPremises. Therefore, if Landlord does not receive any rent payment within ten five (105) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent (10l0%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Sources: Industrial Real Estate Triple Net Sublease (Copper Mountain Networks Inc)
Late Charges. Tenant's failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (( 10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten to, five percent (105%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Sources: Industrial Real Estate Lease (Maxwell Laboratories Inc /De/)
Late Charges. Tenant▇▇▇▇▇▇'s failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent (10l0%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Late Charges. TenantT▇▇▇▇▇'s failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (( 10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent (( 10%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Late Charges. Tenant▇▇▇▇▇▇'s failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten three (103) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent (10%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Late Charges. Tenant's ’s failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay to Landlord a late charge equal to ten percent (10%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Late Charges. Tenant's failure to pay rent Base Monthly Rent and/or Additional Rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges, collection charges end late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Propertyand legal charges. Therefore, if Landlord does not receive any rent payment within ten five (105) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent Ten (10%) percent of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Sources: Lease Agreement (Hydro Environmental Resources Inc)
Late Charges. Tenant▇▇▇▇▇▇'s failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent (10%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment. There will be a $50.00 charge assessed for Non Sufficient Funds.
Appears in 1 contract
Sources: Industrial Real Estate Lease (Vista Medical Technologies Inc)
Late Charges. Tenant's ’s failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay to Landlord a late charge equal to ten five percent (105%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Sources: Lease Agreement (Blucora, Inc.)
Late Charges. Tenant's failure to pay rent Rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes duereceipt of notice from Landlord that such rent payment has not been paid, Tenant shall pay Landlord a late charge equal to ten three percent (103%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Sources: Real Estate Lease (G&l Realty Corp)
Late Charges. Tenant's failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any a ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent (10%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.. 9
Appears in 1 contract
Sources: Industrial Real Estate Lease (Consolidated Capital of North America Inc)
Late Charges. Tenant's failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten five percent (105%) of the overdue over due amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Sources: Industrial Real Estate Lease (Micro Therapeutics Inc)
Late Charges. Tenant▇▇▇▇▇▇'s failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or of trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent (10%) of the overdue amount. The parties agree that such thatsuch late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late paymentlatepayment.
Appears in 1 contract
Late Charges. Tenant's ’s failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes serves written notice that same is past due, Tenant shall pay to Landlord a late charge equal to ten percent (10%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment. Only two (2) notices per twelve (12) month period required.
Appears in 1 contract
Sources: Lease Agreement (West Marine Inc)
Late Charges. Tenant's failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any an rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent (10%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs cost Landlord will incur by reason of such late payment.
Appears in 1 contract
Sources: Lease Agreement (FNB Bancorp/Ca/)
Late Charges. Tenant's ’s failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are is impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the PropertyLandlord. Therefore, if Landlord does not receive any rent payment within ten five (105) business days after it becomes duesuch amount shall be due more than two (2) times in any consecutive twelve (12) month period, then Tenant shall thereafter pay to Landlord a late charge equal to ten five percent (105%) of the such subsequently overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Sources: Lease Agreement (Guitar Center Inc)
Late Charges. Tenant's failure to pay rent promptly Rent immediately may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the PropertyProject and Premises. Therefore, if Landlord does not receive any rent Rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten five percent (105%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Sources: Industrial Real Estate Lease (Home Interiors & Gifts Inc)
Late Charges. Tenant▇▇▇▇▇▇'s failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord Tenant does not receive pay any rent payment within when due and such failure continues for ten (10) days after it becomes due▇▇▇▇▇▇'s receipt of written notice thereof from Landlord, Tenant shall pay Landlord a late charge equal to ten five percent (105%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
Appears in 1 contract
Late Charges. Tenant's failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment postmarked within ten seven (107) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent (10%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment. To avoid a penalty, payments must be received by mail, no later than by the 7th day of the month due (Saturdays, Sundays and legal Holidays included).
Appears in 1 contract
Sources: Lease Agreement
Late Charges. Tenant's failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end late and charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does goes not receive any rent payment within ten (10) days after it becomes duedue(5), Tenant shall pay Landlord a late charge equal to ten percent (10%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
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Late Charges. Tenant▇▇▇▇▇▇'s failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten seven (107) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten five percent (105%) of the overdue amount. The parties agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
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Late Charges. Tenant's failure to pay rent promptly may cause ------------ Landlord to incur unanticipated costs. The exact amount of such costs are impractical or extremely difficult to ascertain. Such costs may include, but are not limited to, processing and accounting charges end and late charges which may be imposed on Landlord by any ground lease, mortgage or trust deed encumbering the Property. Therefore, if Landlord does not receive any rent payment within ten (10) days after it becomes due, Tenant shall pay Landlord a late charge equal to ten percent (10%) of the overdue amount. The parties agree that such late charge percentage represents a fair and reasonable estimate of the costs Landlord will incur by reason of such late payment.
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