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 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: Lease Agreement (Global Food Technologies, Inc.), Lease Agreement (Global Food Technologies, Inc.)

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: Sublease (Gi Joes 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: Lease and Option to Purchase Agreement (Colonial Downs, LLC)

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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 Agreement (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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