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

INTEREST AND ATTORNEY'S FEES. In the event of a Default by Tenant: (1) if a monetary default, interest shall accrue on any sum due and unpaid at the rate of the lesser of eighteen percent (18%) per annum or the highest rate permitted by law and, if Landlord places in the hands of an attorney the enforcement of all or any part of this Lease, the collection of any rent due or to become due or recovery of the possession of the Premises, Tenant agrees to pay Landlord's costs of collection, including reasonable attorney's fees for the services of the attorney, whether suit is actually filed or not.

Appears in 2 contracts

Samples: Lease Agreement (Xata Corp /Mn/), Commercial Lease (Insignia Systems Inc/Mn)

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INTEREST AND ATTORNEY'S FEES. In the event of a Default by Tenant: (1i) if a monetary default, default interest shall accrue on any sum due and unpaid at the rate of the lesser of eighteen percent (18%) per annum or the highest rate permitted by law and, if Landlord places in the hands of an attorney the enforcement of all or any part of this Lease, the collection of any rent due or to become due or recovery of the possession of the Premises, . Tenant agrees to pay Landlord's costs of collection, including reasonable attorney's fees for the services of the attorney, whether suit is actually filed or not.

Appears in 1 contract

Samples: Commercial Lease (Atmi Inc)

INTEREST AND ATTORNEY'S FEES. In the event of a Default by Tenant: (1) if a monetary default, interest shall accrue on any sum due and unpaid at the rate of the lesser of eighteen twelve percent (1812%) per annum or the highest rate permitted by law and, if Landlord places in the hands of an attorney the enforcement of all or any part of this Lease, the collection of any rent due or to become due or recovery of the possession of the Premises, Tenant agrees to pay Landlord's costs of collection, including reasonable attorney's fees for the services of the attorney, whether suit is actually filed or not.

Appears in 1 contract

Samples: Lease Agreement (Insignia Systems Inc/Mn)

INTEREST AND ATTORNEY'S FEES. In the event of a Default by Tenant: ; (1) if a monetary default, interest shall accrue on any sum due and unpaid at the rate of the lesser of eighteen ten percent (1810%) per annum or the highest rate permitted by law and, if Landlord places in the hands of an attorney the enforcement of all or any part of this Lease, the collection of any rent due or to become due or recovery of the possession of the Premises, Tenant agrees to pay Landlord's ’s costs of collection, including reasonable attorney's ’s fees for the services of the attorney, whether suit is actually filed or not.

Appears in 1 contract

Samples: Commercial Lease (Enpath Medical Inc)

INTEREST AND ATTORNEY'S FEES. In the event of a Default by Tenant: (1) if a monetary default, interest shall accrue on any sum due and unpaid at the rate of the lesser of eighteen percent (18%) per annum or the highest rate permitted by law and, if Landlord places in the hands of an attorney the enforcement of all or any part of this Lease, the collection of any rent due or to become due or recovery of the possession of the Premises, . Tenant agrees to pay Landlord's costs of collection, including reasonable attorney's fees for the services of the attorney, whether suit is actually filed or not.

Appears in 1 contract

Samples: Commercial Lease (Thermoview Industries Inc)

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INTEREST AND ATTORNEY'S FEES. In the event of a Default by Tenant: ; (1) if a monetary default, interest shall accrue on any sum due and unpaid at the rate of the lesser of eighteen twelve percent (1812%) per annum or the highest rate permitted by law and, if Landlord places in the hands of an attorney the enforcement of all or any part of this Lease, the collection of any rent due or to become due or recovery of the possession of the Premises, Tenant agrees to pay Landlord's costs of collection, including reasonable attorney's fees for the services of the attorney, whether suit is actually filed or not.

Appears in 1 contract

Samples: Standard Commercial Lease (Research Inc /Mn/)

INTEREST AND ATTORNEY'S FEES. In the event of a Default by Tenant: (1) if a monetary default, interest shall accrue on any sum due and unpaid at the rate of the lesser of eighteen fifteen percent (1815%) per annum or the highest rate permitted by law and, if Landlord places in the hands of an attorney the enforcement of all or any part of this Lease, the collection of any rent due or to become due or recovery of the possession of the Premises, Tenant agrees to pay Landlord's costs of collection, including reasonable attorney's fees for the services of the attorney, whether suit is actually filed or not.

Appears in 1 contract

Samples: Commercial Lease (Gt Interactive Software Corp)

INTEREST AND ATTORNEY'S FEES. In the event of a Default by Tenant: (1) if a monetary default, interest shall accrue on any sum due and unpaid at the rate of the lesser of eighteen percent (18%) per annum or the highest rate permitted by law and, if Landlord places in the hands of an attorney the enforcement of all or any part of this Lease, the collection of any rent due or to become due or recovery of the possession of the Premises, Tenant agrees to pay Landlord's ’s costs of collection, including reasonable attorney's ’s fees for the services of the attorney, whether suit is actually filed or not.

Appears in 1 contract

Samples: Standard Commercial Lease (Vascular Solutions Inc)

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