Common use of Interest on Unpaid Rent Clause in Contracts

Interest on Unpaid Rent. Rent not paid when due shall bear interest at a rate of twelve percent (12%) per annum from the due date until paid.

Appears in 3 contracts

Samples: Lease Agreement (MKS Instruments Inc), Lease Agreement (MKS Instruments Inc), Lease Agreement (MKS Instruments Inc)

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Interest on Unpaid Rent. Rent not paid when due shall bear interest from the date due until paid at a the rate of twelve percent (12%) 10% per annum from the due date until paidannum; provided, however, that interest shall not be payable on late charges incurred by Tenant nor on any amounts upon which late charges are paid by Tenant.

Appears in 2 contracts

Samples: Gateway International Holdings Inc, Gateway International Holdings Inc

Interest on Unpaid Rent. Rent and other amounts not paid when due shall bear interest at a the rate of twelve percent Ten Percent (1210%) per annum or the maximum amount allowed by law from the date due date until paid.

Appears in 2 contracts

Samples: Courthouse Square (Global Food Technologies, Inc.), Courthouse Square (Global Food Technologies, Inc.)

Interest on Unpaid Rent. Rent not paid when due shall bear interest from the date due until paid at a the rate of twelve percent (12%) 8% per annum from the due date until paidannum.

Appears in 1 contract

Samples: Purchase Agreement (Colonial Downs, LLC)

Interest on Unpaid Rent. Rent not paid when due shall bear simple interest at a rate of twelve percent (12%) per annum Overdue Rate from the date due date until paid.

Appears in 1 contract

Samples: Lease Agreement (Gi Joes Inc)

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Interest on Unpaid Rent. Rent not paid when due shall bear interest at a rate of twelve percent (12%) per annum from the date due date until paidpaid at the Default Rate.

Appears in 1 contract

Samples: Lease (Navidec Inc)

Interest on Unpaid Rent. Rent not paid when due shall bear interest at a the rate of twelve fifteen percent (1215%) per annum from the date due date until paid.

Appears in 1 contract

Samples: Lease Agreement (Fox Factory Holding Corp)

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