Late Charge; Interest. Tenant acknowledges that the late payment of Base Rent or any other amounts payable by Tenant to Landlord hereunder (all of which shall constitute additional rental to the same extent as Base Rent) will cause Landlord to incur administrative costs and other damages, the exact amount of which would be impracticable or extremely difficult to ascertain. Landlord and Tenant agree that if Landlord does not receive any such payment on or before five (5) days after the date the payment is due, Tenant shall pay to Landlord, as additional rent, (a) a late charge equal to five percent (5%) of the overdue amount to cover such additional administrative costs; and (b) interest on the delinquent amounts at the lesser of the maximum rate permitted by law if any or twelve percent (12%) per annum from the date due to the date paid.
Late Charge; Interest. If Tenant fails to make any payment of Rent within five (5) days or such lesser period provided by the Facility Mortgage or with respect to any other sums or amounts to be paid by Tenant hereunder on or before the date such payment is due and payable and such amount remains unpaid for a period of five (5) Days, such past due payment shall include any Late Fee under the Facility Mortgage and shall bear interest at the Overdue Rate.
Late Charge; Interest. If any Rent payable to Lessor is not paid when due, Lessee shall pay Lessor on demand, as an Additional Charge, (a) a late charge equal to (i) two percent (2%) of the amount not paid within five (5) days of the date when due plus (b) if such Rent (including the late charge) is not paid within ten (10) days of the date due, interest thereon at the Overdue Rate from such tenth (10th) day until such Rent (including the late charge and interest) is paid in full.
Late Charge; Interest. All payments of Additional Rent shall be paid to Landlord, without notice or demand, and without any setoff, deduction (except as otherwise specifically provided herein) or counterclaim whatsoever, with the installment of Monthly Base Rent next due after such Additional Rent shall have accrued. Nothing contained in Xxxxxxxxxx 0, 0, xxx 0 xxxxx xx construed at any time to reduce the amount of Monthly Base Rent as increased each year. Notwithstanding any dispute which may arise in connection with the computation or estimate of the amount of Additional Rent due, Tenant shall be obligated to pay the amount specified by Landlord, pending the resolution of any dispute. Any installment of Monthly Base Rent or Additional Rent not paid within five (5) days of the due date thereof shall be subject to a late charge of five percent (5%) of such installment. In addition, commencing on the thirtieth (30th) day after the due date, any such unpaid installment shall bear interest until paid at the rate of eighteen percent (18%) per annum. Notwithstanding the foregoing, for each of the first two (2) occasions during any consecutive period of twenty-four (24) months where a late charge would be due (and Tenant received notice thereof from Landlord) under the preceding sentences, Landlord shall waive such first two (2) late charges to which it would otherwise be entitled pursuant to this Paragraph 9 if any installment of Monthly Base Rent or Additional Rent which was not paid on its due date is paid not later than the fifth (5th) day following such due date. In the event any payment from Tenant by check is returned by the financial institution on which it is drawn for any reason, a service charge of One Hundred Dollars ($100.00) shall be due and payable as Additional Rent in addition to the late charge set forth above. In addition, Tenant shall pay to Landlord, within ten (10) days of receipt of an invoice therefor, any fee imposed upon Landlord by its bank as a result of any returned check. Tenant's obligations to pay any amounts of Additional Rent shall survive the expiration or termination of this Lease.
Late Charge; Interest. If any Rent payable to Lessor is not paid when due, Lessee shall pay Lessor on demand, as an Additional Charge, (a) a late charge equal to the greater of (i) two percent (2%) of the amount not paid within five (5) days of the date when due and (ii) any and all charges, expenses, fees or penalties imposed on Lessor by a Facility Mortgagee for late payment, plus (b) if such Rent (including the late charge) is not paid within ten (10) days of the date due, interest thereon at the Overdue Rate from such tenth (10th) day until such Rent (including the late charge and interest) is paid in full.
Late Charge; Interest. If Subtenant fails to pay any Rent within five (5) days of the date when due, Subtenant shall pay a late charge and interest thereon in accordance with the terms of Section 3.2 of the Master Lease, which is incorporated herein by this reference. No endorsement or statement on a check or letter accompanying a check or payment shall be considered an accord and satisfaction of past due Rent. Subtenant’s covenant to pay Rent is independent of every other covenant in this Sublease.
Late Charge; Interest. If Tenant fails to make any payment of Rent or any other sums or amounts to be paid by Tenant hereunder on or before the date such payment is due and payable and such amount remains unpaid for a period of five (5) days thereafter, or such longer time as required by the law of the state in which the premises is located, Tenant shall pay to Landlord an administrative late charge of five percent (5%) of the amount of such payment or such lesser amount then allowable under the laws of the State in which the Premises is located. In addition if such amount remains past due for more than thirty (30) days following its due date, such past due payment shall bear interest at the lesser of twelve percent (12%) or the maximum interest rate then allowable under the laws of the State in which the Premises is located from the date such payment became due to the date of payment thereof by Tenant. Such late charge and interest shall constitute additional rent and shall be due and payable with the next installment of Rent due hereunder.
Late Charge; Interest. If any installment of Base Rent, or any Additional Charges payable by Tenant to Landlord hereunder is not paid within five (5) Business Days of the due date, Tenant shall pay Landlord on demand, as an Additional Charge, (a) a late charge of five percent (5%) of the amount due and unpaid and (b) if such payment is not made within thirty (30) days of the date due, interest thereon at the Overdue Rate from such thirtieth (30th) day until the date on which such payment plus such late charge and interest is paid in full.
Late Charge; Interest. 9 (d) Payment Without Abatement....................................................................... 9 6.
Late Charge; Interest. If Tenant fails to pay any Rent or Additional Charge due hereunder within ten (10) days after the due date, a late charge equal to twenty five dollars ($25.00) plus one percent (1%) of the unpaid balance shall both be assessed and be immediately due and payable. In addition, interest shall accrue at the rate of one percent (1%) per month on any Rent or Additional Charge that is not paid when due. If Tenant defaults in making any payment of Rent or Additional Charges, Landlord shall have the right to require that subsequent Rent or Additional Charges payments be made by cashiers or certified check.
