Common use of Interest on Past Due Rent Clause in Contracts

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”).

Appears in 3 contracts

Samples: Lease (Radiation Therapy Services Holdings, Inc.), Lease (Radiation Therapy Services Holdings, Inc.), Lease (Radiation Therapy Services Holdings, Inc.)

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Interest on Past Due Rent. If Tenant shall fail to pay pay, within ten (10) days receipt of written notice, any Base Rent 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%) (the “Default Rate”).

Appears in 2 contracts

Samples: Lease (Radiation Therapy Services Holdings, Inc.), Lease (Radiation Therapy Services Holdings, Inc.)

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