INTEREST ON TENANT'S OBLIGATIONS. Any amount due from Tenant to Landlord which is not paid within thirty (30) days after the date due shall bear interest at the lower of (i) eighteen percent (18%) per annum or (ii) the highest rate from time to time allowed by applicable law, from the date such payment is due until paid, but the payment of such interest shall not excuse or cure the default.
INTEREST ON TENANT'S OBLIGATIONS. Any amount due from Tenant to Landlord which is not paid when due shall bear interest at the lesser of ten percent (10%) per annum or the maximum rate allowed by law from the date such payment is due until paid, but the payment of such interest shall not excuse or cure the default in payment.
INTEREST ON TENANT'S OBLIGATIONS. Any amount due from Tenant to Landlord which is not paid when due shall, subject to Section 5.8 above, bear interest at the rate (the “Interest Rate”) equal to the lesser of ten percent (10%) per annum or the maximum rate allowed by law from the date such payment is due until paid, but the payment of such interest shall not excuse or cure the default in payment.
INTEREST ON TENANT'S OBLIGATIONS. Any amount of Rent or Additional Rent due from Tenant to Landlord which is not paid when due shall bear interest at the lesser of ten percent (10%) per annum or the maximum rate allowed by law from the date such payment is due until paid, but the payment of such interest shall not excuse or cure the default in payment.
INTEREST ON TENANT'S OBLIGATIONS. Any amount due from either party to the other which is not paid when due shall bear interest at the maximum rate allowed by law (or, if there is no maximum rate, at twenty percent per annum) from the date such payment is due until paid, but the payment of such interest shall not excuse or cure the default in payment.
INTEREST ON TENANT'S OBLIGATIONS. Following the lapse of any applicable cure periods set forth herein, any amount due from Tenant to Landlord which is not paid when due shall bear interest at the maximum rate allowed by law from the date such payment is due until paid, but the payment of such interest shall not excuse or cure the default in payment.
INTEREST ON TENANT'S OBLIGATIONS. In addition to the late charges specified in Section 3.4, any amount due from Tenant to Landlord which is not paid on or before the date due shall bear interest at the lower of (i) twelve (l2%) per annum or (ii) the highest rate from time to time allowed by applicable law, from the date such payment is due until paid, but the payment of such interest shall not excuse or cure the default.
INTEREST ON TENANT'S OBLIGATIONS. Tenant agrees that any payment of Minimum Monthly Rent or any other amount due from Tenant to Landlord under this Lease which is not paid when due shall bear interest from the due date to the date of payment at a rate of interest equal to the lesser of four percent (4%) above the prime lending rate of Xxxxx Fargo Bank, N.A. or any comparable bank or lending institution selected by Landlord, or the maximum non-usurious rate permitted by law. Xxxxxxxx's acceptance of any interest shall not constitute a waiver of Tenant's default with respect to the overdue amount or prevent Landlord from exercising any of the other rights and remedies available to Landlord under this Lease or any law now or hereafter in effect.
INTEREST ON TENANT'S OBLIGATIONS. Tenant agrees that any payment due from Tenant to Landlord after notice thereof from Landlord (other than with respect to the annual base rent set forth in Section 3.1 above) which is not paid when due shall bear interest from the due date to the date of payment at a rate of interest equal to the lesser of four percent (4%) above the "prime" lending rate of Xxxxx Fargo Bank, N.A. or any comparable bank or lending institution selected by Landlord, or the maximum non-usurious rate permitted by law. Landlord's acceptance of any such interest shall not constitute a waiver of Tenant's default with respect to the overdue amount or prevent Landlord from exercising any of the other rights and remedies available to Landlord under this Lease or any law now or hereafter in effect.
INTEREST ON TENANT'S OBLIGATIONS. If (a) Tenant fails to pay to Landlord any amount owing to Landlord under this Lease (other than interest and amounts due on demand) by the specific date on which such amount is due and payable (i.e, on the first day of a month or within thirty days after receipt of notice), (b) Landlord fails to pay to Tenant any amount owing to Tenant under this Lease (other than interest and amounts due on demand) on the specified date on which such amount is due and payable, (c) any amount that Landlord is required to pay to Tenant on demand and which is not paid to Tenant within three (3) days after Landlord's receipt of written demand, and (d) any amount that Tenant is required to pay to Landlord on demand and which is not paid to Landlord within three (3) days after Tenant's receipt of written demand, then each such amount shall bear annual interest at the lesser of (i) 18% or (ii) the highest rate allowed by law from the date such payment is due until paid, but the payment of such interest shall not excuse or cure the default. Notwithstanding the foregoing, (1) Tenant shall not be charged interest with respect to the first and second failures during a calendar year to pay the amounts as specified in paragraphs (a) and (d) above, so long as Tenant pays to Landlord the applicable amount within ten (10) calendar days after Landlord delivers to Tenant written notice that the applicable amount was not paid when due and (2) Landlord shall not be charged for interest with respect to the first and second failures in a calendar year to pay the amounts specified in paragraph (c) and (b) above, so long as Landlord pays to Tenant the applicable amount within ten (10) days after Tenant delivers to Landlord written notice that the applicable amount was not paid when due.
