Common use of Interest on Delinquent Rent Clause in Contracts

Interest on Delinquent Rent. All delinquent Rent, as well as all other charges due under this Lease shall accrue interest at a rate equal to the maximum amount permitted by law (the "Default Rate"), from the due date of such payment and shall constitute Additional Rent payable by Tenant under this Lease and shall be paid by Tenant to Landlord upon demand. Payment shall not be deemed received if Tenant's payment is not actually collected (such as charges for returned checks).

Interest on Delinquent Rent. All delinquent Rent, as well as Minimum Rent and ------------------------------ Additional Rent and all other charges due under this Lease shall accrue interest at a rate equal to the maximum amount permitted by law (the "Default Rate")law, irrespective of and in addition to any Late Fees charged pursuant to Article 2.08 of this Lease, from the due date of such payment and shall constitute Additional Rent other rent payable by Tenant under this Lease and shall be paid by Tenant to Landlord upon demand. Payment shall not be deemed received if Tenant's payment is not actually collected (such as charges for returned checks).

Interest on Delinquent Rent. All delinquent Minimum Rent, as well as Additional Rent, Percentage Rent and all other charges due under this Lease shall accrue interest at a rate equal to the maximum amount permitted by law (the "Default Rate")law, from the due date of such payment and shall constitute Additional Rent other rent payable by Tenant under this Lease and shall be paid by Tenant to Landlord upon demand. Payment shall not be deemed received if Tenant's payment is not actually collected (such as charges for returned checks).

Interest on Delinquent Rent. All delinquent Rent, as well as Minimum Rent and Additional Rent and all other charges due under this Lease shall accrue interest at a rate equal to the maximum amount permitted by law (the "Default Rate")law, irrespective of and in addition to any Late Fees charged pursuant to Article 2.08 of this Lease, from the due date of such payment and shall constitute Additional Rent other rent payable by Tenant under this Lease and shall be paid by Tenant to Landlord upon demand. Payment shall not be deemed received if Tenant's payment is not actually collected (such as charges for returned checks).

Interest on Delinquent Rent. All delinquent Rentminimum rent, as well as all percentage rent and other charges due under this Lease shall accrue interest at a rate equal to the lesser of one and one‑half percent (1.5%) per month or the maximum amount permitted by law (the "Default Rate")law, from the due date of such payment and shall constitute Additional Rent additional rent payable by Tenant under this Lease and shall be paid by Tenant to Landlord upon demand. Payment No payment shall not be deemed received if Tenant's ’s payment is not actually collected (such as charges for returned checkspayment by insufficient funds check).