Common use of Interest and Penalties Clause in Contracts

Interest and Penalties. All interest or penalties incurred as a result of Landlord’s failure to pay any costs or taxes as the same shall become due.

Appears in 2 contracts

Samples: Lease Agreement (Kroll Inc), Industrial Building Lease (Makemusic Inc)

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Interest and Penalties. All interest or penalties incurred as a result of Landlord’s 's failure to pay any costs or taxes as the same shall become due.

Appears in 2 contracts

Samples: Lease Agreement (Ontrack Data International Inc), Lease Agreement (Quantech LTD /Mn/)

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Interest and Penalties. All interest or penalties incurred as a result of Landlordlandlord’s failure to pay any costs or taxes as the same shall become due.

Appears in 1 contract

Samples: Industrial Lease (Transoma Medical Inc)

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