Delinquent Rent. Any Base Rent not paid on the due date shall accrue interest at the Default Rate from the date such Base Rent was originally due until the date such Base Rent is paid. All interest accrued on past due Base Rent shall be due and payable to Landlord at the time the Base Rent is paid, or upon demand by Landlord, if earlier.
Appears in 6 contracts
Samples: Lease Agreement (Octel Communications Corp), Sublease Agreement (Adobe Systems Inc), Ground Lease (Cisco Systems Inc)
Delinquent Rent. Any Base Rent not paid on the due date shall accrue interest at the Default Rate from the date such Base Rent was originally due until the date such Base Rent is paid. All interest accrued on past due Base Rent shall be due and payable to Landlord by Tenant at the time the Base Rent is paid, or upon demand by LandlordLandlord or Administrative Agent, if earlier.. 7.5
Appears in 1 contract
Samples: Master Lease of Land and Improvements (Adobe Systems Inc)
