Common use of Interest on Sums Past Due Clause in Contracts

Interest on Sums Past Due. In addition to the late charge which is elsewhere established, all rent and all other amounts due from Tenant hereunder shall bear interest at the rate of eighteen (18%) percent per annum compounded quarter-annually from their respective due dates until paid, provided that this shall in no way limit, lessen or affect any claim for damages by Landlord for any breach or default by Tenant.

Appears in 4 contracts

Sources: Lease Agreement (Displaytech Inc), Lease Agreement (Displaytech Inc), Lease Agreement (Displaytech Inc)

Interest on Sums Past Due. In addition to the late charge which is elsewhere established, all rent Rent and all other amounts due from Tenant hereunder shall bear interest at the rate of eighteen (18%) % percent per annum compounded quarter-annually from their respective due dates until paid, provided that this shall in no way limit, lessen or affect any claim for damages by Landlord for any breach or default by Tenant.

Appears in 2 contracts

Sources: Lease Agreement (Nlight, Inc.), Lease Agreement (ChromaDex Corp.)

Interest on Sums Past Due. In addition to the late charge which is elsewhere established, all rent and all other amounts due from Tenant hereunder shall bear interest at the rate of eighteen (18%) percent per annum compounded quarter-annually from their respective due dates until paid, provided that this shall in no way limit, lessen or affect any claim for damages by Landlord for any breach or default by Tenant.

Appears in 2 contracts

Sources: Lease Agreement (Monotype Imaging Holdings Inc.), Lease Agreement (Monotype Imaging Holdings Inc.)

Interest on Sums Past Due. In addition to the late charge which is elsewhere established, all rent Rent and all other amounts due from Tenant hereunder shall bear interest at the rate of eighteen (18%) 12% percent per annum compounded quarter-annually from their respective due dates until paid, provided that this shall in no way limit, lessen or affect any claim for damages by Landlord for any breach or default by Tenant.

Appears in 1 contract

Sources: Lease Agreement (Lightwave Logic, Inc.)

Interest on Sums Past Due. In addition to the late charge which is elsewhere established, all rent Rent and all other amounts due from Tenant hereunder shall bear interest at the rate of eighteen (18%) percent per annum compounded quarter-annually from their respective due dates until paid, provided that this shall in no way limit, lessen or affect any claim for damages by Landlord for any breach or default by Tenant.

Appears in 1 contract

Sources: Lease Agreement (Dot Hill Systems Corp)

Interest on Sums Past Due. In addition to the late charge which is elsewhere established, all rent and all other amounts due from Tenant hereunder shall bear interest at the rate of eighteen (18%) percent per annum compounded quarter-annually from their respective due dates until paid, provided provide that this shall in no way limit, lessen or affect any claim for damages by Landlord for any breach or default by Tenant.

Appears in 1 contract

Sources: Lease Agreement (Pelion Systems Inc)