Common use of Miscellaneous Rent Provisions Clause in Contracts

Miscellaneous Rent Provisions. Any rent or other amounts to be paid by Tenant which are not paid when due and which remain unpaid for seven (7) days after Tenant's receipt of written notice specifying such failure shall bear interest as of the first day of the month on which any sum is due and owing at a rate equal to [***] over the prime rate announced by Citibank, N.A. If the Commencement Date is other than the first day of a month, Tenant shall pay on the Commencement Date a prorated partial Minimum Monthly Rent for the period prior to the first day of the next calendar month, and thereafter Minimum Monthly Rent payments shall be made not later than the first day of each calendar month. For the purposes of this Lease, a "

Miscellaneous Rent Provisions. Any rent or other amounts to be paid by Tenant which are not paid when due and which remain unpaid for seven within five (75) days after Tenant's receipt of written notice specifying such failure the date when due shall bear interest as of the first fifth day of the month on which any sum is due and owing at a rate equal to [***] the greater of twelve percent (12%) per annum or at a rate equal to two percent (2%) over the prime rate announced by Citibank, N.A. If the Commencement Date is other than the first day of a month, Tenant shall pay on the Commencement Date a prorated partial Minimum Monthly Rent for the period prior to the first day of the next calendar month, and thereafter Minimum Monthly Rent payments shall be made not later than the first day of each calendar month. For the purposes of this Lease, a "

Miscellaneous Rent Provisions. Any rent or other amounts to be paid by Tenant which are not paid when due and which remain unpaid for seven within ten (710) days after Tenant's receipt of written notice specifying such failure that the same is past due shall bear interest as of the first day of the month on which any sum is due and owing at a rate equal to [***] two percent (2%) over the prime rate announced by Citibank, N.A. If the Commencement Date is other than the first day of a month, Tenant shall pay on the Commencement Date a prorated partial Minimum Monthly Rent for the period prior to the first day of the next calendar month, and thereafter Minimum Monthly Rent payments shall be made not later than the first day of each calendar month. For the purposes of this Lease, a "Major Tenant" is herein defined as a single tenant occupying at least 25,000 contiguous square feet of Store Floor Area.