Common use of Pay Interest Clause in Contracts

Pay Interest. The Landlord reserves the right to charge interest on any amounts of rent due and in arrears at the rate of 4% above the Bank of England base rate calculated on a day to day basis from the date that the same shall become due until payment in full is made and recover the interest as though it were rent.

Appears in 2 contracts

Samples: Tenancy Agreement, Tenancy Agreement

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Pay Interest. The Landlord reserves the right to charge interest on any amounts of rent due and in arrears at the rate of 45% above the Bank of England base rate calculated on a day to day basis from the date that the same shall become due until payment in full is made and recover the interest as though it were rent.

Appears in 1 contract

Samples: Assured Shorthold Tenancy Agreement

Pay Interest. The Landlord reserves the right to charge interest on any unauthorized amounts of rent Rent or Charges due and in arrears at the rate of 43% above the Bank of England annual base rate calculated on a day to day basis from the date that the same shall become due until payment in full is made and recover the interest as though it were rent.

Appears in 1 contract

Samples: Assured Shorthold Tenancy Agreement

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Pay Interest. The Landlord reserves the right to charge interest on any amounts of rent due and in arrears at the rate of 4% above the Bank of England annual base rate calculated on a day to day basis from the date that the same shall become due until payment in full is made and recover the interest as though it were rent.

Appears in 1 contract

Samples: Tenancy Agreement

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