Interest on Past Due Rent. If Tenant shall fail to pay, when the same is due and payable, Minimum Rent, or Additional Rent, such unpaid amounts shall bear interest from the due date thereof to the date of payment, at the prime interest rate of the Chase Manhattan Bank, N.A. as of such due date, plus three percent (3%) (“Default Date”).
Interest on Past Due Rent. If Tenant shall fail to pay within ten (10) days receipt of written notice, any Base Rent or Additional Rent, such unpaid amounts shall bear interest from the due date thereof to the date of payment, at the prime interest rate of the JPMorgan Chase Bank as of such due date, plus ten percent (10%) (“Default Rate”).
Interest on Past Due Rent. All past due installments of Rent shall bear interest until paid at a rate per annum equal to four percent (4%) above the prime rate of interest from time to time publicly announced by NationsBank, N.A., or any successor thereof (the "DEFAULT RATE"); provided, however, that if at the time such interest is sought to be imposed the rate of interest exceeds the maximum rate permitted under federal law or under the laws of the Commonwealth of Virginia, the rate of interest shall be the maximum rate of interest then permitted by applicable law.
Interest on Past Due Rent. If Tenant shall fail to pay, when the same is due and payable, Base Rent, or Additional Rent, such unpaid amounts shall bear interest from the due date thereof to the date of payment, at the lower of (i) the prime interest rate of the JPMorgan Chase Bank as of such due date, plus ten percent (10%); or (ii) the maximum amount permitted to be charged under Massachusetts law (“Default Rate”).
Interest on Past Due Rent. All installments of Rent unpaid five (5) days after notice from Landlord to Tenant of such delinquency shall bear interest until paid fit. a rate per annum equal to two percent (2%) above the prime rate of interest from time to time publicly announced by NationsBank, N.A., or any successor thereof (the "Default Rate"); provided, however, that if at the time such interest is ------------ sought to be imposed the rate of interest exceeds the maximum rate permitted under federal law or under the laws of the Commonwealth of Virginia, the rate of interest shall be the maximum rate of interest then permitted by applicable law.
Interest on Past Due Rent. Any installment of Rent required to be ------------------------- paid by Tenant under this Lease which is not paid when due shall bear interest at the rate of eighteen percent (18%) per annum from the due date until paid. This interest is intended to reimburse Landlord for expenses incurred by reason of such failure by Tenant. It is agreed by Tenant that such an interest is not a penalty.
Interest on Past Due Rent. If Tenant shall fail to pay any installment of Base Rent when due or any Additional Rent within ten (10) days after the date when such payment is due, Tenant shall pay to Landlord, in addition to such installment of Base Rent or such Additional Rent, as the case may be, interest on the amount unpaid at the Default Rate, computed from the date such payment was due to and including the date of payment.
Interest on Past Due Rent. Rent payments that are not made within five days after the due date shall be deemed involuntary extensions of credit by Landlord and Tenant shall pay interest on all such late Rent payments from the date due until the date paid in full at an annual rate equal to the lesser of: (a) the prime rate as reported from time to time in The Wall Street Journal plus four percent; or (b) the highest rate allowed by Applicable Laws (the "INTEREST RATE"). Interest shall not be payable on any late charges that Tenant may be obligated to pay pursuant to this Lease, or, notwithstanding anything herein to the contrary, on any late Rent payment during the month in which a late charge is imposed thereon pursuant to Section 3.5 above.
Interest on Past Due Rent. All past due payments of Rent shall bear interest at an annual rate of two percent (2%) above the prime rate of interest published or announced by the United States National Bank of Oregon, Main Office, in effect upon the date said payment is due and calculated from due date until paid; provided that if the maximum annual rate of interest permitted by applicable law shall be less than the rate of interest provided for herein, then all past due payments shall bear interest at the maximum rate permitted by applicable law from due date until paid.
Interest on Past Due Rent. If Tenant shall fail to pay within 5 days after receipt of written notice of delinquency, any Minimum Rent or any additional rent, Tenant shall, upon demand, pay Owner a late charge equal to 3% of the arrearage, plus interest on the past due amount from the due date thereof to the date of payment at a rate of 10% per annum (the "Default Rate").
