Common use of INTEREST AND ATTORNEY'S FEES Clause in Contracts

INTEREST AND ATTORNEY'S FEES. All sums becoming due or payable under this Lease, including all money expended pursuant to the provisions hereof or on account of any default in the performance and observance of any agreements or covenants herein, shall bear interest at the rate of eight and one-half percent (8.5%) per annum (or at such lesser rate which is the maximum permitted by applicable law) from thirty (30) days after the date such sums become due or payable, or, in the event one of the parties expends money because of a default by the other, from thirty (30) days after the date the defaulting party received written notice that such money was expended. The prevailing party shall be entitled to its reasonable attorney's fees to collect any payment or to compel any performance ultimately held to be due under the provisions of this Lease.

Appears in 10 contracts

Samples: Sale Agreement (Beasley Broadcast Group Inc), Agreement of Sale (Beasley Broadcast Group Inc), Agreement of Sale (Beasley Broadcast Group Inc)

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INTEREST AND ATTORNEY'S FEES. All sums becoming due or payable under this Lease, including all money expended pursuant to the provisions hereof or on account of any default in the performance and observance of any agreements or covenants herein, shall bear interest at the rate of eight and one-one half percent (8.5%) per annum (or at such lesser rate which is the maximum permitted by applicable law) from thirty (30) days after the date such sums become due or payable, or, in the event one of the parties expends money because of a default by the other, from thirty (30) days after the date the defaulting party received written notice that such money was expended. The prevailing party shall be entitled to its reasonable attorney's fees to collect any payment or to compel any performance ultimately held to be due under the provisions of this Lease.

Appears in 3 contracts

Samples: Agreement of Sale (Beasley Broadcast Group Inc), Agreement of Sale (Beasley Broadcast Group Inc), Agreement of Sale (Beasley Broadcast Group Inc)

INTEREST AND ATTORNEY'S FEES. All sums becoming due or payable under this Lease, including all money expended pursuant to the provisions hereof or on account of any default in the performance and observance of any agreements or covenants herein, shall bear interest at the rate of eight and one-half twelve percent (8.512%) per annum (or at such lesser rate which is the maximum permitted by applicable law) from thirty (30) days after the date such sums become due or payable, or, in the event one of the parties expends money because of a default by the other, from thirty (30) days after the date the defaulting party received written notice that such money was expended. The prevailing party shall be entitled to its reasonable attorney's ’s fees to collect any payment or to compel any performance ultimately held to be due under the provisions of this Lease.

Appears in 1 contract

Samples: Lease Agreement (Sinclair Broadcast Group Inc)

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INTEREST AND ATTORNEY'S FEES. All sums becoming due or payable under this Lease, including all money expended pursuant to the provisions hereof or on account of any default in the performance and observance of any agreements or 75 covenants herein, shall bear interest at the rate of eight and one-half twelve percent (8.512%) per annum (or at such lesser rate which is the maximum permitted by applicable law) from thirty (30) days after the date such sums become due or payable, or, in the event one of the parties expends money because of a default by the other, from thirty (30) days after the date the defaulting party received written notice that such money was expended. The prevailing party shall be entitled to its reasonable attorney's fees to collect any payment or to compel any performance ultimately held to be due under the provisions of this Lease.

Appears in 1 contract

Samples: Asset Purchase Agreement (Entercom Communications Corp)

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