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.
Appears in 6 contracts
Samples: Standard Office Lease Agreement (McAfee Associates Inc), Office Lease Agreement (Vignette Corp), Office Lease Agreement (Vignette Corp)
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 ten percent (1810%) 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.
Appears in 2 contracts
Samples: Lease Agreement (Vadda Energy Corp), Office Lease Agreement (Ixc Communications Inc)
INTEREST ON TENANT'S OBLIGATIONS. Any In addition to the late charges specified in Section 3.4, any amount due from Tenant to Landlord which is not paid within thirty (30) days after on or before 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.
Appears in 2 contracts
Samples: Commercial Lease Agreement (RxSight, Inc.), Commercial Lease Agreement (Medstone International Inc/)
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 (ia) eighteen ten percent (1810%) per annum or (iib) 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.
Appears in 1 contract
Samples: Office Lease Agreement (Prescient Applied Intelligence, Inc.)
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 lawApplicable Laws, from the date such payment is due until paid, but the payment of such interest shall not excuse or cure the default.
Appears in 1 contract
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 twelve percent (1812%) 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.
Appears in 1 contract
