Common use of Interest on Overdue Money Clause in Contracts

Interest on Overdue Money. (a) The Tenant must pay to the Landlord interest at the Default Rate on any Rent or other money due under this Lease (including money or Costs which are expressed to be payable or reimbursable to the Landlord on demand) but unpaid for 7 days.

Appears in 3 contracts

Samples: Attachment (Fleetmatics Group PLC), Barbeques Galore LTD, Pharmaxis Ltd.

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Interest on Overdue Money. (a) The Tenant must pay to the Landlord interest at the Default Rate on any Rent or other money due under this Lease (including money or Costs which are expressed to be payable or reimbursable to the Landlord on demand) but unpaid for 7 14 days.

Appears in 1 contract

Samples: Sale and Purchase Agreement (General Geophysics Co)

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