INTEREST ON TENANT'S OBLIGATIONS. 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.
Appears in 4 contracts
Sources: Lease Agreement (TRX Inc/Ga), Lease Agreement (Petes Brewing Co), Lease Agreement (Humitech International Group Inc)
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.
Appears in 4 contracts
Sources: Lease Agreement (Skullcandy, Inc.), Lease Agreement (Overstock Com Inc), Lease Agreement (Q Comm International Inc)
INTEREST ON TENANT'S OBLIGATIONS. Any amount due from Tenant to Landlord which is not paid when due shall bear interest at the maximum rate allowed of twelve percent (12%) per annum until paid (to the extent enforceable by law from the date such payment is due until paidlaw), but the payment of such interest shall not excuse or cure the default in paymentdefault.
Appears in 1 contract
INTEREST ON TENANT'S OBLIGATIONS. 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 of twelve percent (12%) per year until paid, but the payment of such interest shall not excuse or cure the default in paymentdefault.
Appears in 1 contract
INTEREST ON TENANT'S OBLIGATIONS. 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 ratio of twelve percent (12%) per year until paid, but the payment of such interest shall not excuse or cure the default in paymentdefault.
Appears in 1 contract
Sources: Lease Agreement (Avesis Inc)
INTEREST ON TENANT'S OBLIGATIONS. Any amount due from Tenant to Landlord (other than interest) which is not paid when due due, shall bear interest at the maximum 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 in paymentdefault.
Appears in 1 contract
Sources: Office Lease Agreement (Hallmark Financial Services Inc)
INTEREST ON TENANT'S OBLIGATIONS. Any Except as otherwise expressly provided herein, any amount due from Tenant to Landlord (other than interest) which is not paid when due shall bear annual interest at twelve percent (12%), but not to exceed the maximum highest rate allowed by law law, from the date such payment is due until paid, but the payment of such interest shall not excuse or cure the default in paymentdefault.
Appears in 1 contract
Sources: Office Lease Agreement (MiddleBrook Pharmaceuticals, Inc.)