{"component": "clause", "props": {"groups": [{"size": 128, "snippet_links": [{"key": "by-tenant-to-landlord", "type": "clause", "offset": [13, 34]}, {"key": "sums-due", "type": "definition", "offset": [53, 61]}, {"key": "not-limited", "type": "clause", "offset": [243, 254]}, {"key": "accounting-charges", "type": "definition", "offset": [274, 292]}, {"key": "late-charges", "type": "definition", "offset": [297, 309]}, {"key": "the-premises", "type": "clause", "offset": [371, 383]}, {"key": "rent-due", "type": "clause", "offset": [418, 426]}, {"key": "from-tenant", "type": "clause", "offset": [427, 438]}, {"key": "by-landlord", "type": "clause", "offset": [455, 466]}, {"key": "days-after", "type": "definition", "offset": [476, 486]}, {"key": "payment-is-due", "type": "clause", "offset": [501, 515]}, {"key": "tenant-shall", "type": "clause", "offset": [517, 529]}, {"key": "pay-to", "type": "definition", "offset": [530, 536]}, {"key": "additional-sum", "type": "definition", "offset": [549, 563]}, {"key": "equal-to", "type": "definition", "offset": [564, 572]}, {"key": "overdue-rent", "type": "clause", "offset": [583, 595]}, {"key": "notwithstanding-the-foregoing", "type": "clause", "offset": [614, 643]}, {"key": "first-time", "type": "definition", "offset": [680, 690]}, {"key": "calendar-year", "type": "definition", "offset": [698, 711]}, {"key": "landlord-shall", "type": "clause", "offset": [713, 727]}, {"key": "notice-of-the", "type": "clause", "offset": [751, 764]}, {"key": "the-right", "type": "clause", "offset": [792, 801]}, {"key": "if-tenant", "type": "clause", "offset": [802, 811]}, {"key": "the-parties-agree-that", "type": "clause", "offset": [860, 882]}, {"key": "reasonable-estimate", "type": "clause", "offset": [922, 941]}, {"key": "the-late", "type": "clause", "offset": [1027, 1035]}, {"key": "default-rate", "type": "clause", "offset": [1094, 1106]}, {"key": "date-due", "type": "definition", "offset": [1134, 1142]}], "samples": [{"hash": "kwkH27u86ex", "uri": "/contracts/kwkH27u86ex#late-payment-rent", "label": "Sublease Agreement (Atara Biotherapeutics, Inc.)", "score": 37.3586584531, "published": true}, {"hash": "c9pX2bqkjpt", "uri": "/contracts/c9pX2bqkjpt#late-payment-rent", "label": "Lease Agreement (Atrium Therapeutics, Inc.)", "score": 37.1286773682, "published": true}, {"hash": "bKDDk7PK0o0", "uri": "/contracts/bKDDk7PK0o0#late-payment-rent", "label": "Lease Agreement (Boundless Bio, Inc.)", "score": 36.3511276245, "published": true}], "snippet": "Late payment by Tenant to Landlord of Rent and other sums due will cause Landlord to incur costs not contemplated by this Lease, the exact amount of which will be extremely difficult and impracticable to ascertain. Such costs include, but are not limited to, processing and accounting charges and late charges which may be imposed on Landlord under any Mortgage covering the Premises. Therefore, if any installment of Rent due from Tenant is not received by Landlord within 5 days after the date such payment is due, Tenant shall pay to Landlord an additional sum equal to 6% of the overdue Rent as a late charge. Notwithstanding the foregoing, before assessing a late charge the first time in any calendar year, Landlord shall provide Tenant written notice of the delinquency and will waive the right if Tenant pays such delinquency within 5 days thereafter. The parties agree that this late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of late payment by Tenant. In addition to the late charge, Rent not paid when due shall bear interest at the Default Rate from the 5th day after the date due until paid.", "hash": "906b64ce6d58f1e77cab661fe0506453", "id": 1}, {"size": 15, "snippet_links": [{"key": "by-tenant-to-landlord", "type": "clause", "offset": [13, 34]}, {"key": "sums-due", "type": "definition", "offset": [53, 61]}, {"key": "not-limited", "type": "clause", "offset": [243, 254]}, {"key": "accounting-charges", "type": "definition", "offset": [274, 292]}, {"key": "late-charges", "type": "definition", "offset": [297, 309]}, {"key": "the-premises", "type": "clause", "offset": [370, 382]}, {"key": "rent-due", "type": "clause", "offset": [417, 425]}, {"key": "from-tenant", "type": "clause", "offset": [426, 437]}, {"key": "by-landlord", "type": "clause", "offset": [454, 465]}, {"key": "days-after", "type": "definition", "offset": [475, 485]}, {"key": "payment-is-due", "type": "clause", "offset": [500, 514]}, {"key": "tenant-shall", "type": "clause", "offset": [516, 528]}, {"key": "pay-to", "type": "definition", "offset": [529, 535]}, {"key": "sum-of", "type": "clause", "offset": [559, 565]}, {"key": "overdue-rent", "type": "clause", "offset": [580, 592]}, {"key": "provided-that", "type": "clause", "offset": [611, 624]}, {"key": "to-pay", "type": "clause", "offset": [654, 660]}, {"key": "first-occurrence", "type": "definition", "offset": [687, 703]}, {"key": "a-late-payment", "type": "clause", "offset": [707, 721]}, {"key": "the-parties-agree-that", "type": "clause", "offset": [742, 764]}, {"key": "reasonable-estimate", "type": "clause", "offset": [804, 823]}, {"key": "the-late", "type": "clause", "offset": [909, 917]}, {"key": "default-rate", "type": "clause", "offset": [976, 988]}, {"key": "date-due", "type": "definition", "offset": [1016, 1024]}], "samples": [{"hash": "lBXuQyUCI0r", "uri": "/contracts/lBXuQyUCI0r#late-payment-rent", "label": "Sublease Agreement (NextCure, Inc.)", "score": 30.2758388519, "published": true}, {"hash": "ck6iHNqklHF", "uri": "/contracts/ck6iHNqklHF#late-payment-rent", "label": "Sublease Agreement (NextCure, Inc.)", "score": 30.245721817, "published": true}, {"hash": "lVtVAgcgIfU", "uri": "/contracts/lVtVAgcgIfU#late-payment-rent", "label": "Sublease Agreement (NextCure, Inc.)", "score": 30.0787124634, "published": true}], "snippet": "Late payment by Tenant to Landlord of Rent and other sums due will cause Landlord to incur costs not contemplated by this Lease, the exact amount of which will be extremely difficult and impracticable to ascertain. Such costs include, but are not limited to, processing and accounting charges and late charges that may be imposed on Landlord under any Mortgage covering the Premises. Therefore, if any installment of Rent due from Tenant is not received by Landlord within 5 days after the date such payment is due, Tenant shall pay to Landlord an additional sum of [***]% of the overdue Rent as a late charge (provided that Tenant shall not be required to pay such late charge upon the first occurrence of a late payment by Tenant of Rent). The parties agree that this late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of late payment by Tenant. In addition to the late charge, Rent not paid when due shall bear interest at the Default Rate from the 5th day after the date due until paid.", "hash": "0b84a6db70e585e4a71eccc1dd736cd6", "id": 3}, {"size": 95, "snippet_links": [{"key": "by-tenant-to-landlord", "type": "clause", "offset": [13, 34]}, {"key": "sums-due", "type": "definition", "offset": [53, 61]}, {"key": "not-limited", "type": "clause", "offset": [243, 254]}, {"key": "accounting-charges", "type": "definition", "offset": [274, 292]}, {"key": "late-charges", "type": "definition", "offset": [297, 309]}, {"key": "the-premises", "type": "clause", "offset": [371, 383]}, {"key": "rent-due", "type": "clause", "offset": [418, 426]}, {"key": "from-tenant", "type": "clause", "offset": [427, 438]}, {"key": "by-landlord", "type": "clause", "offset": [455, 466]}, {"key": "days-after", "type": "definition", "offset": [476, 486]}, {"key": "payment-is-due", "type": "clause", "offset": [501, 515]}, {"key": "tenant-shall", "type": "clause", "offset": [517, 529]}, {"key": "pay-to", "type": "definition", "offset": [530, 536]}, {"key": "additional-sum", "type": "definition", "offset": [549, 563]}, {"key": "equal-to", "type": "definition", "offset": [564, 572]}, {"key": "overdue-rent", "type": "clause", "offset": [583, 595]}, {"key": "the-parties-agree-that", "type": "clause", "offset": [614, 636]}, {"key": "reasonable-estimate", "type": "clause", "offset": [676, 695]}, {"key": "the-late", "type": "clause", "offset": [781, 789]}, {"key": "default-rate", "type": "clause", "offset": [848, 860]}, {"key": "date-due", "type": "definition", "offset": [888, 896]}], "samples": [{"hash": "9xQOw7CJK6V", "uri": "/contracts/9xQOw7CJK6V#late-payment-rent", "label": "Lease Agreement", "score": 31.3408622742, "published": true}, {"hash": "lNXdFEn7Xts", "uri": "/contracts/lNXdFEn7Xts#late-payment-rent", "label": "Lease Agreement (Vir Biotechnology, Inc.)", "score": 30.6700897217, "published": true}, {"hash": "bp4X34jOjw0", "uri": "/contracts/bp4X34jOjw0#late-payment-rent", "label": "Lease Agreement (Vir Biotechnology, Inc.)", "score": 30.483915329, "published": true}], "snippet": "Late payment by Tenant to Landlord of Rent and other sums due will cause Landlord to incur costs not contemplated by this Lease, the exact amount of which will be extremely difficult and impracticable to ascertain. Such costs include, but are not limited to, processing and accounting charges and late charges which may be imposed on Landlord under any Mortgage covering the Premises. Therefore, if any installment of Rent due from Tenant is not received by Landlord within 5 days after the date such payment is due, Tenant shall pay to Landlord an additional sum equal to 6% of the overdue Rent as a late charge. The parties agree that this late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of late payment by Tenant. In addition to the late charge, Rent not paid when due shall bear interest at the Default Rate from the 5th day after the date due until paid.", "hash": "668078fe880e6838f7bd396e0122e73c", "id": 2}, {"size": 7, "snippet_links": [{"key": "by-tenant-to-landlord", "type": "clause", "offset": [13, 34]}, {"key": "sums-due", "type": "definition", "offset": [53, 61]}, {"key": "under-this-lease", "type": "clause", "offset": [62, 78]}, {"key": "not-limited", "type": "clause", "offset": [260, 271]}, {"key": "accounting-charges", "type": "definition", "offset": [291, 309]}, {"key": "late-charges", "type": "definition", "offset": [314, 326]}, {"key": "in-section-27", "type": "clause", "offset": [392, 405]}, {"key": "the-premises", "type": "clause", "offset": [422, 434]}, {"key": "rent-due", "type": "clause", "offset": [495, 503]}, {"key": "from-tenant", "type": "clause", "offset": [504, 515]}, {"key": "days-after", "type": "definition", "offset": [525, 535]}, {"key": "payment-is-due", "type": "clause", "offset": [550, 564]}, {"key": "tenant-shall", "type": "clause", "offset": [566, 578]}, {"key": "pay-to", "type": "definition", "offset": [579, 585]}, {"key": "sum-of", "type": "clause", "offset": [609, 615]}, {"key": "overdue-rent", "type": "clause", "offset": [629, 641]}, {"key": "the-late", "type": "clause", "offset": [675, 683]}, {"key": "default-rate", "type": "clause", "offset": [742, 754]}, {"key": "date-due", "type": "definition", "offset": [782, 790]}, {"key": "default-by-tenant", "type": "definition", "offset": [830, 847]}, {"key": "the-foregoing", "type": "definition", "offset": [859, 872]}, {"key": "late-charge-and-interest", "type": "clause", "offset": [873, 897]}, {"key": "late-payment-of-rent", "type": "clause", "offset": [952, 972]}, {"key": "tenant-agrees", "type": "clause", "offset": [997, 1010]}, {"key": "reasonable-estimate", "type": "clause", "offset": [1096, 1115]}, {"key": "reasonable-methods", "type": "clause", "offset": [1244, 1262]}, {"key": "payments-by-tenant", "type": "clause", "offset": [1283, 1301]}, {"key": "in-existence", "type": "definition", "offset": [1343, 1355]}, {"key": "date-of-this-lease", "type": "clause", "offset": [1366, 1384]}, {"key": "the-fact", "type": "clause", "offset": [1477, 1485]}, {"key": "landlord-and-tenant", "type": "clause", "offset": [1516, 1535]}, {"key": "bargaining-power", "type": "clause", "offset": [1561, 1577]}, {"key": "represented-by-counsel", "type": "clause", "offset": [1710, 1732]}, {"key": "and-documentation", "type": "clause", "offset": [1752, 1769]}, {"key": "the-terms-and-conditions-of-this", "type": "clause", "offset": [1844, 1876]}], "samples": [{"hash": "9pmaNklLqnf", "uri": "/contracts/9pmaNklLqnf#late-payment-rent", "label": "Lease Agreement (Paradigm Genetics Inc)", "score": 18.0, "published": true}, {"hash": "7qm8lvrZIzu", "uri": "/contracts/7qm8lvrZIzu#late-payment-rent", "label": "Lease Agreement (Paradigm Genetics Inc)", "score": 18.0, "published": true}], "snippet": "Late payment by Tenant to Landlord of Rent and other sums due under this Lease will cause Landlord to incur costs not contemplated by this Lease, the exact amount of which will be extremely difficult and impracticable to ascertain. Such costs include, but are not limited to, processing and accounting charges and late charges that may be imposed on Landlord under any \"MORTGAGE\" (as defined in Section 27 below) covering the Premises. Therefore, if Landlord does not receive any installment of Rent due from Tenant within 5 days after the date such payment is due, Tenant shall pay to Landlord an additional sum of 6.00% of the overdue Rent as a late charge. In addition to the late charge, Rent not paid when due shall bear interest at the Default Rate from the 5th day after the date due until paid. Provided there is no other Default by Tenant hereunder, the foregoing late charge and interest at the Default Rate will not be payable until the 2nd late payment of Rent in any 12 month period. Tenant agrees that the foregoing late charge and interest at the Default Rate represent a fair and reasonable estimate of the costs Landlord will incur by reason of late payment by Tenant. Tenant also acknowledges that Landlord is entitled to use reasonable methods to deter delinquent payments by Tenant and agrees that, under the circumstances in existence as of the date of this Lease, the foregoing late charge and interest at the Default Rate are reasonable, as evidenced by the fact that, among other things, (i) Landlord and Tenant have comparatively equal bargaining power, (ii) this Lease is not a pre-printed form document, and (iii) Tenant's principals are well experienced in leasing properties, were represented by counsel in the negotiation and documentation of this Lease, and bargained at arms length and without duress for all of the terms and conditions of this Lease, including this provision.", "hash": "5a81248774e8bda0fc6ff979f3472a68", "id": 4}, {"size": 7, "snippet_links": [{"key": "by-tenant-to-landlord", "type": "clause", "offset": [13, 34]}, {"key": "sums-due", "type": "definition", "offset": [53, 61]}, {"key": "not-limited", "type": "clause", "offset": [243, 254]}, {"key": "accounting-charges", "type": "definition", "offset": [274, 292]}, {"key": "late-charges", "type": "definition", "offset": [297, 309]}, {"key": "the-premises", "type": "clause", "offset": [371, 383]}, {"key": "rent-due", "type": "clause", "offset": [418, 426]}, {"key": "from-tenant", "type": "clause", "offset": [427, 438]}, {"key": "by-landlord", "type": "clause", "offset": [455, 466]}, {"key": "days-after", "type": "definition", "offset": [476, 486]}, {"key": "payment-is-due", "type": "clause", "offset": [501, 515]}, {"key": "tenant-shall", "type": "clause", "offset": [517, 529]}, {"key": "pay-to", "type": "definition", "offset": [530, 536]}, {"key": "sum-of", "type": "clause", "offset": [560, 566]}, {"key": "overdue-rent", "type": "clause", "offset": [577, 589]}, {"key": "notwithstanding-the-foregoing", "type": "clause", "offset": [608, 637]}, {"key": "calendar-year", "type": "definition", "offset": [703, 716]}, {"key": "landlord-shall", "type": "clause", "offset": [718, 732]}, {"key": "notice-of-the", "type": "clause", "offset": [761, 774]}, {"key": "right-to", "type": "clause", "offset": [806, 814]}, {"key": "if-tenant", "type": "clause", "offset": [856, 865]}, {"key": "business-days", "type": "definition", "offset": [897, 910]}, {"key": "the-parties-agree-that", "type": "clause", "offset": [936, 958]}, {"key": "reasonable-estimate", "type": "clause", "offset": [998, 1017]}, {"key": "the-late", "type": "clause", "offset": [1103, 1111]}, {"key": "default-rate", "type": "clause", "offset": [1170, 1182]}, {"key": "date-due", "type": "definition", "offset": [1210, 1218]}], "samples": [{"hash": "kD1jArqSXD9", "uri": "/contracts/kD1jArqSXD9#late-payment-rent", "label": "Lease Agreement (Kymera Therapeutics, Inc.)", "score": 35.1409988403, "published": true}, {"hash": "dN4ZCi5IKby", "uri": "/contracts/dN4ZCi5IKby#late-payment-rent", "label": "Lease Agreement (Kymera Therapeutics, Inc.)", "score": 34.1444206238, "published": true}], "snippet": "Late payment by Tenant to Landlord of Rent and other sums due will cause Landlord to incur costs not contemplated by this Lease, the exact amount of which will be extremely difficult and impracticable to ascertain. Such costs include, but are not limited to, processing and accounting charges and late charges which may be imposed on Landlord under any Mortgage covering the Premises. Therefore, if any installment of Rent due from Tenant is not received by Landlord within 5 days after the date such payment is due, Tenant shall pay to Landlord an additional sum of 5% of the overdue Rent as a late charge. Notwithstanding the foregoing, before assessing a late charge for the first delinquency in any calendar year, Landlord shall provide Tenant with written notice of the delinquency and will waive the right to assess a late charge on such delinquency if Tenant pays such delinquency within 5 business days after Landlord\u2019s notice. The Parties agree that this late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of late payment by \u2587\u2587\u2587\u2587\u2587\u2587. In addition to the late charge, Rent not paid when due shall bear interest at the Default Rate from the 5th day after the date due until paid.", "hash": "1506a3c848ead6dba83657ed6fa8ff9d", "id": 5}, {"size": 5, "snippet_links": [{"key": "by-tenant-to-landlord", "type": "clause", "offset": [13, 34]}, {"key": "sums-due", "type": "definition", "offset": [53, 61]}, {"key": "not-limited", "type": "clause", "offset": [243, 254]}, {"key": "accounting-charges", "type": "definition", "offset": [274, 292]}, {"key": "late-charges", "type": "definition", "offset": [297, 309]}, {"key": "the-premises", "type": "clause", "offset": [371, 383]}, {"key": "rent-due", "type": "clause", "offset": [418, 426]}, {"key": "from-tenant", "type": "clause", "offset": [427, 438]}, {"key": "by-landlord", "type": "clause", "offset": [455, 466]}, {"key": "days-after", "type": "definition", "offset": [476, 486]}, {"key": "payment-is-due", "type": "clause", "offset": [501, 515]}, {"key": "tenant-shall", "type": "clause", "offset": [517, 529]}, {"key": "pay-to", "type": "definition", "offset": [530, 536]}, {"key": "sum-of", "type": "clause", "offset": [560, 566]}, {"key": "overdue-rent", "type": "clause", "offset": [577, 589]}, {"key": "the-parties-agree-that", "type": "clause", "offset": [608, 630]}, {"key": "reasonable-estimate", "type": "clause", "offset": [670, 689]}, {"key": "the-late", "type": "clause", "offset": [775, 783]}, {"key": "lesser-of", "type": "definition", "offset": [842, 851]}, {"key": "per-annum", "type": "definition", "offset": [860, 869]}, {"key": "maximum-rate-permitted-by-law", "type": "clause", "offset": [882, 911]}, {"key": "date-due", "type": "definition", "offset": [939, 947]}, {"key": "notwithstanding-the-foregoing", "type": "clause", "offset": [960, 989]}, {"key": "tenant-notice", "type": "definition", "offset": [1136, 1149]}, {"key": "opportunity-to-cure", "type": "clause", "offset": [1157, 1176]}, {"key": "failure-to-pay-rent", "type": "clause", "offset": [1186, 1205]}, {"key": "in-lieu-of", "type": "clause", "offset": [1269, 1279]}, {"key": "notice-required-by-law", "type": "clause", "offset": [1307, 1329]}], "samples": [{"hash": "1iR291HBWgf", "uri": "/contracts/1iR291HBWgf#late-payment-rent", "label": "Lease Agreement (Biogen Inc)", "score": 18.0, "published": true}], "snippet": "Late payment by Tenant to Landlord of Rent and other sums due will cause Landlord to incur costs not contemplated by this Lease, the exact amount of which will be extremely difficult and impracticable to ascertain. Such costs include, but are not limited to, processing and accounting charges and late charges which may be imposed on Landlord under any Mortgage covering the Premises. Therefore, if any installment of Rent due from Tenant is not received by Landlord within 5 days after the date such payment is due, Tenant shall pay to Landlord an additional sum of 6% of the overdue Rent as a late charge. The parties agree that this late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of late payment by Tenant. In addition to the late charge, Rent not paid when due shall bear interest at the lesser of (i) 12% per annum or (ii) the maximum rate permitted by law from the 5th day after the date due until paid. Notwithstanding the foregoing, no late charge nor interest shall be due on the first two such failures to pay Rent in any 12 month period until 5 days after Landlord has given Tenant notice and an opportunity to cure any such failure to pay Rent and Tenant has failed so to pay Rent. Any such notice shall be in lieu of and not in addition to any notice required by law;", "hash": "2dde28781d03a20efe5540f51b4e13fd", "id": 6}, {"size": 3, "snippet_links": [{"key": "by-tenant-to-landlord", "type": "clause", "offset": [13, 34]}, {"key": "sums-due", "type": "definition", "offset": [53, 61]}, {"key": "not-limited", "type": "clause", "offset": [243, 254]}, {"key": "accounting-charges", "type": "definition", "offset": [274, 292]}, {"key": "late-charges", "type": "definition", "offset": [297, 309]}, {"key": "the-premises", "type": "clause", "offset": [371, 383]}, {"key": "rent-due", "type": "clause", "offset": [418, 426]}, {"key": "from-tenant", "type": "clause", "offset": [427, 438]}, {"key": "by-landlord", "type": "clause", "offset": [455, 466]}, {"key": "days-after", "type": "definition", "offset": [476, 486]}, {"key": "payment-is-due", "type": "clause", "offset": [501, 515]}, {"key": "tenant-shall", "type": "clause", "offset": [517, 529]}, {"key": "pay-to", "type": "definition", "offset": [530, 536]}, {"key": "additional-sum", "type": "definition", "offset": [549, 563]}, {"key": "equal-to", "type": "definition", "offset": [564, 572]}, {"key": "overdue-rent", "type": "clause", "offset": [583, 595]}, {"key": "notwithstanding-the-foregoing", "type": "clause", "offset": [614, 643]}, {"key": "first-time", "type": "definition", "offset": [680, 690]}, {"key": "calendar-year", "type": "definition", "offset": [698, 711]}, {"key": "landlord-shall", "type": "clause", "offset": [713, 727]}, {"key": "notice-of-the", "type": "clause", "offset": [751, 764]}, {"key": "the-right", "type": "clause", "offset": [792, 801]}, {"key": "if-tenant", "type": "clause", "offset": [802, 811]}, {"key": "the-parties-agree-that", "type": "clause", "offset": [860, 882]}, {"key": "reasonable-estimate", "type": "clause", "offset": [922, 941]}, {"key": "the-late", "type": "clause", "offset": [1027, 1035]}, {"key": "default-rate", "type": "clause", "offset": [1094, 1106]}, {"key": "date-due", "type": "definition", "offset": [1134, 1142]}], "samples": [{"hash": "ajsBydgw1M", "uri": "/contracts/ajsBydgw1M#late-payment-rent", "label": "Lease Agreement", "score": 31.3408622742, "published": true}, {"hash": "5BE7UZkE37q", "uri": "/contracts/5BE7UZkE37q#late-payment-rent", "label": "Lease Agreement (Twist Bioscience Corp)", "score": 29.7529087067, "published": true}, {"hash": "6pQsQLaUNK", "uri": "/contracts/6pQsQLaUNK#late-payment-rent", "label": "Lease Agreement (Twist Bioscience Corp)", "score": 29.6625595093, "published": true}], "snippet": "Late payment by Tenant to Landlord of Rent and other sums due will cause Landlord to incur costs not contemplated by this Lease, the exact amount of which will be extremely difficult and impracticable to ascertain. Such costs include, but are not limited to, processing and accounting charges and late charges which may be imposed on Landlord under any Mortgage covering the Premises. Therefore, if any installment of Rent due from Tenant is not received by Landlord within 5 days after the date such payment is due, Tenant shall pay to Landlord an additional sum equal to 6% of the overdue Rent as a late charge. Notwithstanding the foregoing, before assessing a late charge the first time in any calendar year, Landlord shall provide Tenant written notice of the delinquency and will waive the right if Tenant pays such delinquency within 5 days thereafter. The parties agree that this late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of late payment by Tenant. In addition to the late charge, Rent not paid when due shall bear interest at the Default Rate from the 5th day after the date due until paid. 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Such costs include, but are not limited to, processing and accounting charges and late charges which may be imposed on Landlord under any Mortgage covering the Premises. Therefore, if any (i) regularly recurring installment of Rent due from Tenant is not received by Landlord within 5 days after the date such payment is due, or (ii) non-regularly recurring Rent due from Tenant is not received by Landlord within 10 days after the date such payment is due, then Tenant shall pay to Landlord an additional sum of 5% of the overdue Rent as a late charge. The parties agree that this late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of late payment by \u2587\u2587\u2587\u2587\u2587\u2587. In addition to the late charge, Rent and other sums not paid when due shall bear interest at the Default Rate from the 5th day after the date due until paid; provided that such interest shall not become due on Tenant\u2019s first instance of late payment in any single period of 12 consecutive months if Tenant makes such payment within 10 days following the date of Landlord\u2019s written notice to Tenant that such payment was not made when due.", "hash": "25b7ce2bc59399319c45bc5ae21d09d2", "id": 8}, {"size": 2, "snippet_links": [{"key": "by-tenant-to-landlord", "type": "clause", "offset": [13, 34]}, {"key": "sums-due", "type": "definition", "offset": [53, 61]}, {"key": "not-limited", "type": "clause", "offset": [243, 254]}, {"key": "accounting-charges", "type": "definition", "offset": [274, 292]}, {"key": "late-charges", "type": "definition", "offset": [297, 309]}, {"key": "the-premises", "type": "clause", "offset": [371, 383]}, {"key": "rent-due", "type": "clause", "offset": [418, 426]}, {"key": "from-tenant", "type": "clause", "offset": [427, 438]}], "samples": [{"hash": "WGRKsGLulc", "uri": "/contracts/WGRKsGLulc#late-payment-rent", "label": "Lease Agreement (Eloxx Pharmaceuticals, Inc.)", "score": 32.3456535339, "published": true}], "snippet": "Late payment by Tenant to Landlord of Rent and other sums due will causa Landlord to incur costs not contemplated by this Lease, the exact amount of which will be extremely difficult and Impracticable to ascertain. Such costs include, but are not limited to, processing and accounting charges and late charges which may be imposed on Landlord under any Mortgage covering the Premises. Therefore, if any installment of Rent due from Tenant is", "hash": "faf72c64d37ec6fc73bbf9191a06b6d4", "id": 9}, {"size": 1, "snippet_links": [{"key": "by-tenant-to-landlord", "type": "clause", "offset": [13, 34]}, {"key": "sums-due", "type": "definition", "offset": [53, 61]}, {"key": "not-limited", "type": "clause", "offset": [243, 254]}, {"key": "accounting-charges", "type": "definition", "offset": [274, 292]}, {"key": "late-charges", "type": "definition", "offset": [297, 309]}, {"key": "the-premises", "type": "clause", "offset": [371, 383]}, {"key": "rent-due", "type": "clause", "offset": [418, 426]}, {"key": "from-tenant", "type": "clause", "offset": [427, 438]}, {"key": "by-landlord", "type": "clause", "offset": [455, 466]}, {"key": "payment-is-due", "type": "clause", "offset": [500, 514]}, {"key": "tenant-shall", "type": "clause", "offset": [516, 528]}, {"key": "pay-to", "type": "definition", "offset": [529, 535]}, {"key": "the-parties-agree-that", "type": "clause", "offset": [552, 574]}, {"key": "reasonable-estimate", "type": "clause", "offset": [614, 633]}, {"key": "the-late", "type": "clause", "offset": [719, 727]}, {"key": "default-rate", "type": "clause", "offset": [842, 854]}], "samples": [{"hash": "8OSVdnqkUEK", "uri": "/contracts/8OSVdnqkUEK#late-payment-rent", "label": "Lease Agreement (MeiraGTx Holdings PLC)", "score": 36.3620796204, "published": true}], "snippet": "Late payment by Tenant to Landlord of Rent and other sums due will cause Landlord to incur costs not contemplated by this Lease, the exact amount of which will be extremely difficult and impracticable to ascertain. Such costs include, but are not limited to, processing and accounting charges and late charges which may be imposed on Landlord under any Mortgage covering the Premises. Therefore, if any installment of Rent due from Tenant is not received by Landlord within [***] after the date such payment is due, Tenant shall pay to Landlord [***]. The parties agree that this late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of late payment by Tenant. In addition to the late charge, Rent not paid when due and remaining unpaid on [***] after it first became due shall bear interest at the Default Rate from the date it first became due until paid.", "hash": "a2635484db20992e26e26afaac905d2a", "id": 10}], "next_curs": "CloSVGoVc35sYXdpbnNpZGVyY29udHJhY3RzcjYLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhpsYXRlLXBheW1lbnQtcmVudCMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"children": [], "size": 266, "parents": [["landlords-remedies", "Landlords Remedies"], ["events-of-default", "Events of Default"], ["other-defaults", "Other Defaults"], ["counterparts", "COUNTERPARTS"], ["no-personal-liability", "No Personal Liability"]], "title": "Late Payment Rent", "id": "late-payment-rent", "related": [["late-payment-of-rent", "Late Payment of Rent", "Late Payment of Rent"], ["late-payment", "Late Payment", "Late Payment"], ["late-payment-fees", "Late Payment Fees", "Late Payment Fees"], ["late-payment-fee", "Late Payment Fee", "Late Payment Fee"], ["late-payment-surcharge", "Late Payment Surcharge", "Late Payment Surcharge"]], "related_snippets": [], "updated": "2026-05-15T04:24:17+00:00"}, "json": true, "cursor": ""}}