Common use of Interest and Administrative Costs Clause in Contracts

Interest and Administrative Costs. A. If (i) Tenant fails to make any payment under this Lease when due, or (ii) Landlord incurs any costs or expenses in performing any obligation of Tenant or as a result of Tenant’s Default under this Lease, then Tenant shall pay, upon demand, such costs and/or expenses plus Interest from the date such payment was due or from the date Landlord incurs such costs or expenses relating to the performance of any such obligation or Tenant’s Default.

Appears in 2 contracts

Samples: Lease Extension and Modification Agreement (SI-BONE, Inc.), Lease Extension and Modification Agreement (SI-BONE, Inc.)

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Interest and Administrative Costs. A. If (i) Tenant fails to make any payment under this Lease when due, (ii) Landlord performs any obligation of Tenant under this Lease, or (iiiii) Landlord incurs any costs or expenses in performing any obligation of Tenant or as a result of Tenant’s Default under this Lease, then Tenant shall pay, upon demand, such costs and/or expenses plus Interest from the date such payment was due or from the date Landlord incurs such costs or expenses relating to the performance of any such obligation or Tenant’s Default.

Appears in 1 contract

Samples: Office Lease Agreement (Opnet Technologies Inc)

Interest and Administrative Costs. A. If (i) Tenant fails to make any payment under this Lease when due, or (ii) Landlord incurs any costs or expenses in performing any obligation of Tenant or as a result of Tenant’s Default under this Lease, then Tenant shall pay, upon within five (5) Business Days after demand, such costs and/or expenses plus Interest from the date such payment was due or from the date Landlord incurs such costs or expenses relating to the performance of any such obligation or Tenant’s Default.

Appears in 1 contract

Samples: Office Lease Agreement (Splunk Inc)

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Interest and Administrative Costs. A. If (i) Tenant fails to make any payment under this Lease when due, (ii) Landlord performs any obligation of Tenant under this Lease, or (iiiii) Landlord incurs any costs or expenses in performing any obligation of Tenant or as a result of Tenant’s 's Default under this Lease, then Tenant shall pay, upon demand, such costs and/or expenses plus Interest from the date such payment was due or from the date Landlord incurs such costs or expenses relating to the performance of any such obligation or Tenant’s 's Default.

Appears in 1 contract

Samples: Office Lease Agreement (Opnet Technologies Inc)

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