Common use of INTEREST ON ARREARS Clause in Contracts

INTEREST ON ARREARS. If the Tenant fails to pay Rent when due, the Tenant shall pay interest on the unpaid amount at the Rate of Interest from the date due until the date paid, without prejudice to and in addition to any other remedy available to the Landlord under this Lease or at law.

INTEREST ON ARREARS. If the Tenant fails to pay Rent when due, the Tenant shall pay interest on the unpaid amount at the Rate of Interest from the date due until the date paid, paid without prejudice to and in addition to any other remedy available to the Landlord under this Lease or at law.