Late Fee and Interest. If Subtenant shall fail to pay when due any Rent within five (5) days after notice from Sublandlord, then Sublandlord has the right, without further notice to Subtenant, to impose a late payment charge equal to the lesser of (i) five percent (5%) of the late Rent, or (ii) One Thousand Five Hundred and 00/100 Dollars ($1,500.00). Subtenant shall not have any grace periods for late payments unless expressly granted by Sublandlord. Unless so granted, the additional amount set forth above shall be automatically due and owing to Sublandlord. In addition, all past-due payments required of Subtenant hereunder not paid within ten (10) business days when due, shall bear interest from the date due until paid at the lesser of twelve percent (12%) per annum or the maximum lawful rate of interest. In no event, however, shall the charges permitted under this Sublease exceed the maximum lawful rate of interest.
Late Fee and Interest. All installments of Rent which are not paid by Sublessee to Sublessor within five (5) days after the same is due ("Delinquency Date") shall bear interest from and after the due date until paid at a rate equal to the lesser of eighteen percent (18%) per annum or the highest legal rate of interest. In addition to the foregoing, Sublessee shall immediately pay Sublessor as a late fee an amount equal to five percent (5%) of any amounts not paid to Sublessor on or before such Delinquency Date.
Late Fee and Interest. In order to compensate Landlord for administrative costs incurred by Landlord in the event of late payment by Tenant, if any payment of base rent or any other amount payable by Tenant under either the 1995 Lease or the 2001 Lease is not paid in full on or before the date ten days after the due date, then: (i) Tenant shall pay to Landlord a late fee equal to three (3%) percent of the past due amount, and (ii) interest shall accrue on such past due amount at the rate of one and one-half percent per month from the date that such amount was due until such amount is paid in full. Notwithstanding the foregoing to the contrary, Tenant shall be entitled to one late payment in any twelve-month period before incurring such late fee and interest.
Late Fee and Interest. If Subtenant shall fail to pay any Rent within five (5) business days after its due date, then Subtenant shall pay with the next installment a late charge equal to $250.00. Any Rent that is not paid within 10 days after its due date shall bear interest, from its due date until paid, at the lesser of 10% per annum or the highest rate permitted by Law.
Late Fee and Interest. If Landlord does not receive the Second Installment on or prior to February 1, 2016, Tenant will pay Landlord: (i) a late payment charge equal to ten percent (10%) of the Second Installment (i.e., $[***]); and (ii) interest on the delinquent amount of the Second Installment calculated at the Maximum Rate from the date the Second Installment is due up to the date the Second Installment is received by Landlord. The parties agree that such amounts represent a fair and reasonable estimate of the damages Landlord will incur by reason of such late payment. Such late payment charge and interest will be considered Additional Rent.
Late Fee and Interest. Any installment of Rent due hereunder that is not received by Lessor on or by the 10th day of the respective month in which it became due and payable, shall be assessed late payment fee of 5% of the unpaid amount due for each month or fraction thereof, or such lesser amount as may be the maximum amount permitted by law, until paid. All unpaid amount due and owing as of the 11th day of the respective month in which they became due and payable shall accrue interest as a rate equal to the lesser of 18% per annum or the maximum non-usurious rate chargeable under applicable law. Any partial payments received by Lessor may, in Lessor’s sole and absolute discretion, be applied in the following order: first to the payment of any late fees, then to the payment of any accrued interest, then to the payment of any attorneys’ fees and/or collection costs and lastly to any Rest due hereunder.
Late Fee and Interest. Lessor may impose a late fee of twenty-five dollars ($25.00) on the account becoming delinquent for the preceding billing cycle. Upon becoming delinquent, interest on the principal amount of the account balance will accrue at the rate of one and one-half percent (1.5%), from the date the balance was due until paid in full.
Late Fee and Interest. If the rent is paid more than five days past the due date, there shall be a late charge of 5% of the monthly payment due. In addition, interest at a rate of one percent (1%) shall accrue on the unpaid amount due and also on any unpaid penalty beginning on the sixth day that the actual monthly rental installment is due.
