Delinquent Rent Payment Sample Clauses

Delinquent Rent Payment. All past due payments required of Tenant hereunder shall bear interest from the date due until paid at the Default Rate.
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Delinquent Rent Payment. If Concessionaire is more than ten (10) days delinquent in paying to SARAA any Rent or additional rent owed to SARAA under this Agreement, Concessionaire shall pay to SARAA its then prevailing “Delinquency Charge” assessed on the delinquent amount. The Delinquency Charge shall accrue from the date of rent or additional rent is due until it is paid in the “Delinquency Charge” shall be eighteen percent (18%) per annum or the maximum rate of interest allowed by law, whichever is less, from the date such Rent or additional rent is due until it is paid in full. The Delinquency Charge is subject to periodic change by SARAA. No change in the Delinquency Charge shall occur, however, without at least thirty (30) days prior written notice to Concessionaire. Imposition of a Delinquency Charge shall not constitute a waiver of any other remedies available to SARAA for failure to timely pay Rent or additional rent.
Sample 1
Delinquent Rent Payment. If Lessee is more than ten (10) days delinquent in paying to the Authority any Ground Rent, MAG Rent, Percentage Fee or other monthly rents and charges of any kind (hereinafter “Rents and Charges”) owed to the Authority under this Agreement, Lessee shall pay to the Authority a Late Payment Charge equal to four percent (4.0%) of the delinquent amount and shall also pay a Delinquency Charge at the Authority's then prevailing Delinquency Rate as further defined below, and which shall accrue from the date the Rents and Charges are due until paid.
Sample 1
Delinquent Rent Payment. Upon the failure to pay any installment of rental when due without demand thereof, or if the TENANT, without LANDLORD consent shall violate any of the terms of the Lease, it shall be lawful thereupon for the LANDLORD, pursuant to law, to re-enter and re-possess said premises, to remove all persons therefrom and to take exclusive possession or removal of property there from and all TENANT rights as resident shall immediately cease.
Sample 1
Delinquent Rent Payment. If Lessee is delinquent in paying to County any Rent owed to County under this Lease, Lessee shall pay to County its then prevailing Delinquency Charge (as defined in Section 4.5.2) assessed on the delinquent amount. The Delinquency Charge shall accrue from the date Rent is due until it is paid in full.
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Related to Delinquent Rent Payment

  • Additional Rent Except as otherwise specifically provided in Section 7.1 of this Lease, the Basic Rent shall be net to Landlord so that this Lease shall yield, net to Landlord, the Basic Rent payable under this Lease for each year of the Term of this Lease and that all charges payable by Tenant under this Lease for Property Taxes, insurance premiums, utility charges, maintenance, repair and replacement expenses, all expenses relating to compliance with laws, and all other costs, fees, charges, expenses, reimbursements and obligations of every kind and nature whatsoever relating to the operation and use of the Premises, and/or the Expansion Land (defined below) (whether or not Tenant has exercised the Expansion Land Option) which may arise or become due during the Term or by reason of events occurring during the Term of this Lease or which relate to the performance by Tenant of all the terms, covenants, conditions and agreements to be performed, paid or observed by Tenant hereunder shall be paid or discharged by Tenant, at Tenant's sole cost and expense. Notwithstanding anything to the contrary, Tenant shall not be responsible for any property management fees or earthquake insurance premiums paid by Landlord during the Term of this Lease. Except as otherwise provided in Section 7.1 or 14.9 of this Lease, all payments of Basic Rent and Additional Rent shall be payable without previous demand therefor and without any right of setoff or deduction whatsoever. All charges payable by Tenant other than Basic Rent, however denoted, are called "Additional Rent." Unless this Lease provides otherwise, all Additional Rent shall be paid with the next installment of Basic Rent falling due. Rent for any partial month shall be prorated on the basis of the number of days within such calendar month and paid within ten (10) days of the later of (a) invoice from Landlord or (b) the Commencement Date. Basic Rent and Additional Rent are sometimes collectively referred to as "Rent" or "rent."

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