Common use of Interest and Late Charge Clause in Contracts

Interest and Late Charge. Landlord may charge a late payment charge of five percent (5%) of any installment of Fixed Basic Rent or Additional Rent that is not paid on or before the due date thereof. Any amount due from Tenant to Landlord which is not paid when due shall bear interest ("Interest") at an interest rate equal to the Prime Rate published from time to time in the Money Rates column of the Wall Street Journal (East Coast Edition) plus 3% (or, if lower, the highest rate then allowed under the usury laws of the Commonwealth of Pennsylvania) from the date due until the date paid. The right of Landlord to charge a late charge and interest with respect to past due installments of Fixed Basic Rent and Additional Rent is in addition to Landlord's rights and remedies upon an event of default.

Interest and Late Charge. Landlord may charge a late payment charge of five three percent (53%) of any installment of Fixed Basic Rent or Additional Rent that is not paid on or before within five (5) days after written notice that the due date thereofsame is past due. Any amount due from Tenant to Landlord which is not paid when due shall bear interest ("“Interest"”) at an interest rate equal to the Prime Rate published from time to time in the Money Rates column of the Wall Street Journal (East Coast Edition) plus 32% (or, if lower, the highest rate then allowed under the usury laws of the Commonwealth of Pennsylvania) from the date due until the date paid. The right of Landlord to charge a late charge and interest with respect to past due installments of Fixed Basic Rent and Additional Rent is in addition to Landlord's ’s rights and remedies upon an event Event of defaultDefault.

Interest and Late Charge. Landlord may charge a late payment charge of five percent (5%) of any installment of Fixed Basic Rent or Additional Rent that is not paid on or before within ten (10) days of the due date thereof. Any amount due from Tenant to Landlord which is not paid when due shall bear interest ("“Interest"” or “interest”) at an interest rate equal to the Prime Rate published from time to time in the Money Rates column of the Wall Street Journal plus two percent (East Coast Edition2%) plus 3% (or, if lower, the highest rate then allowed under the usury laws of the Commonwealth of Pennsylvania) from the date due until the date paid. The right of Landlord to charge a late charge and to charge interest with respect to past due installments of Fixed Basic Rent and Additional Rent amounts is in addition to Landlord's ’s rights and remedies upon an event Event of defaultDefault.

Interest and Late Charge. Landlord may charge a late payment charge of five percent (5%) of any installment of Fixed Basic Rent or Additional Rent that is not paid on or before within five (5) days of the due date thereof. Any amount due from Tenant to Landlord which is not paid when due shall bear interest ("“Interest"”) at an interest rate equal to the Prime Rate published from time to time in the Money Rates column of the Wall Street Journal (East Coast Edition) plus 32% (or, if lower, the highest rate then allowed under the usury laws of the Commonwealth of Pennsylvania) from the date due until the date paid. The right of Landlord to charge a late charge and interest with respect to past due installments of Fixed Basic Rent and Additional Rent is in addition to Landlord's ’s rights and remedies upon an event of default.