Common use of No Set-Off; Late Payment Clause in Contracts

No Set-Off; Late Payment. Each such payment shall be made promptly when due, without any deduction or setoff whatsoever, and without demand, failing which the Tenant shall pay to the Landlord as Additional Rent, after the fifth (5th) day after such payment remains due but unpaid, a late charge equal to five percent (5%) of such payment which remains due but unpaid. In addition, any payment that is not paid by the tenth (10th) day after such payment is due shall bear interest at the Default Rate. Any payment made by the Tenant to the Landlord on account of Rent may be credited by the Landlord to the payment of any Rent then past due before being credited to Rent currently falling due. Any such payment which is less than the amount of Rent then due shall constitute a payment made on account thereof, the parties hereto hereby agreeing that the Landlord’s acceptance of such payment (whether or not with or accompanied by an endorsement or statement that such lesser amount or the Landlord’s acceptance thereof constitutes payment in full of the amount of Rent then due) shall not alter or impair the Landlord’s rights hereunder to be paid all of such amount then due, or in any other respect.

No Set-Off; Late Payment. Each such payment shall be made promptly when duedue and, except as otherwise expressly set forth herein, all payments shall be made without any deduction or setoff whatsoeversetoff, and without demand, failing which the Tenant shall pay to the Landlord as Additional Rent, after the fifth (5th) day after such payment remains due but unpaid, a late charge equal to five percent (5%) of such payment which remains due but unpaid. In addition, any payment that is not paid by the tenth (10th) day after such payment is due shall bear interest at the Default Rate. Any payment made by the Tenant to the Landlord on account of Rent may be credited by the Landlord to the payment of any Rent then past due before being credited to Rent currently falling due. Any such payment which is less than the amount of Rent then due shall constitute a payment made on account thereof, the parties hereto hereby agreeing that the Landlord’s acceptance of such payment (whether or not with or accompanied by an endorsement or statement that such lesser amount or the Landlord’s acceptance thereof constitutes payment in full of the amount of Rent then due) shall not alter or impair the Landlord’s rights hereunder to be paid all of such amount then due, or in any other respect.

No Set-Off; Late Payment. Each such Rent payment shall be made promptly when due, without any deduction or setoff whatsoever, and without demand, failing which the Tenant shall pay to the Landlord Town as Additional RentRent for such late payment, after the fifth (5th) day after such Rent payment remains due but unpaid, a late charge equal to five percent (5%) of such payment which remains due but unpaidunpaid which Xxxxxx agrees is a reasonable estimate of the costs which the Town will incur as a result of and in order to process such late payment. Such late charge is due on the day it is incurred and shall bear interest thereafter as hereinbelow provided. In addition, any payment that is not paid by the tenth fifth (10th5th) day after such payment is due shall bear interest at the Default Rate. Any payment made by the Tenant to the Landlord Town on account of Rent may be credited by the Landlord Town to the payment of any Rent then past due due, late charge incurred and unpaid, or accrued and unpaid interest before being credited to Rent Xxxx currently falling due. Any such payment which is less than the amount of Rent then due shall constitute a payment made on account thereof, the parties hereto hereby agreeing that the LandlordTown’s acceptance of such payment (whether or not with or accompanied by an endorsement or statement that such lesser amount or the LandlordTown’s acceptance thereof constitutes payment in full of the amount of Rent then due) shall not alter or impair the LandlordTown’s rights hereunder to be paid all of such amount then due, or in any other respect.

No Set-Off; Late Payment. Each such Any payment of Base Rent or regularly scheduled Additional Rent shall be made promptly when due, without any deduction or setoff whatsoever, and without demand, failing which the Tenant shall pay to the Landlord as Additional Rent, after the fifth tenth (5th10th) day after such payment remains due but unpaid, a late charge equal to five percent (5%) of such payment which remains due but unpaid. In addition, any payment that is not paid by the tenth (10th) day after such payment is due shall bear interest at the Default rate equal to the sum of the "prime rate", as quoted in the Wall Street Journal's money rates section, plus two percent (2%) per annum (the "Interest Rate") on the date of default if applicable to a default, otherwise, on the date of determination. Any payment made by the Tenant to the Landlord on account of Rent may be credited by the Landlord to the payment of any Rent then past due before being credited to Rent Xxxx currently falling due. Any such payment which is less than the amount of Rent then due shall constitute a payment made on account thereof, the parties hereto hereby agreeing that the Landlord’s 's acceptance of such payment (whether or not with or accompanied by an endorsement or statement that such lesser amount or the Landlord’s 's acceptance thereof constitutes payment in full of the amount of Rent then due) shall not alter or impair the Landlord’s 's rights hereunder to be paid all of such amount then due, or in any other respect.

No Set-Off; Late Payment. Each such payment shall be made promptly when due, without any deduction or setoff whatsoever, and without demand, failing which the Tenant shall pay to the Landlord as Additional Rent, after the fifth (5th) day after such payment remains due but unpaid, a late charge equal to five percent (5%) of such payment which remains due but unpaid. In addition, any payment that is not paid by the tenth (10th) day after such payment is due shall bear interest at the Default Raterate of twelve percent (12%) per annum. Any payment made by the Tenant to the Landlord on account of Rent may be credited by the Landlord to the payment of any Rent then past due before being credited to Rent currently falling due. Any such payment which is less than the amount of Rent then due shall constitute a payment made on account thereof, the parties hereto hereby agreeing that the Landlord’s 's acceptance of such payment (whether or not with or accompanied by an endorsement or statement that such lesser amount or the Landlord’s 's acceptance thereof constitutes payment in full of the amount of Rent then due) shall not alter or impair the Landlord’s 's rights hereunder to be paid all of such amount then due, or in any other respect.

No Set-Off; Late Payment. Each such payment shall be ------------------------ made promptly when due, without any deduction or setoff whatsoever, and without demand, failing which the Tenant shall pay to the Landlord as Additional Rent, after the fifth tenth (5th10th) day after such payment remains due but unpaid, a late charge equal to five percent (5%) of such payment which remains due but unpaid. In addition, any payment that is not paid by the tenth twentieth (10th20th) day after such payment is due shall bear interest at the Default Raterate of fifteen percent (15%) per annum from the date due until the date paid. Any payment made by the Tenant to the Landlord on account of Rent may be credited by the Landlord to the payment of any Rent then past due before being credited to Rent currently falling due. Any such payment which is less than the amount of Rent then due shall constitute a payment made on account thereof, the parties hereto hereby agreeing that the Landlord’s 's acceptance of such payment (whether or not with or accompanied by an endorsement or statement that such lesser amount or the Landlord’s 's acceptance thereof constitutes payment in full of the amount of Rent then due) shall not alter or impair the Landlord’s 's rights hereunder to be paid all of such amount then due, or in any other respect.

No Set-Off; Late Payment. Each such payment of Rent shall be made promptly when due, without any deduction or setoff whatsoever, whatsoever except as provided in this Lease and without demand, failing which the Tenant shall pay to the Landlord as Additional Rent, after the fifth three (5th3) day days after such payment remains due but unpaid, a late charge equal to five percent (5%) of such payment which remains due but unpaid. In addition, any payment that is not paid by the tenth (10th) day after such payment is due shall bear interest at the Default Rate. Any payment made by the Tenant to the Landlord on account of Rent may be credited by the Landlord to the payment of any Rent then past due before being credited to Rent Xxxx currently falling due. Any such payment which is less than the amount of Rent then due shall constitute a payment made on account thereof, the parties hereto hereby agreeing that the Landlord’s acceptance of such payment (whether or not with or accompanied by an endorsement or statement that such lesser amount or the Landlord’s acceptance thereof constitutes payment in full of the amount of Rent then due) shall not alter or impair the Landlord’s rights hereunder to be paid all of such amount then due, due or in any other respect.