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Common use of Overdue Fees Clause in Contracts

Overdue Fees. If all or a portion of any fee due hereunder shall not be paid when due, such overdue amount shall bear interest, payable by the Lessee on demand, at a rate per annum equal to the Overdue Rate from the date of such nonpayment until such amount is paid in full (as well after as before judgment).

Appears in 5 contracts

Samples: Participation Agreement (Yahoo Inc), Participation Agreement (Triquint Semiconductor Inc), Participation Agreement (Chase Industries Inc)

Overdue Fees. If all or a portion of any fee due hereunder ------------ shall not be paid when due, such overdue amount shall bear interest, payable by the Lessee on demand, at a rate per annum equal to the Overdue Rate from the date of such nonpayment until such amount is paid in full (as well after as before judgment).

Appears in 2 contracts

Samples: Participation Agreement (Asyst Technologies Inc /Ca/), Participation Agreement (Quantum Corp /De/)

Overdue Fees. If all or a portion of any fee due ------------ hereunder shall not be paid when due, such overdue amount shall bear interest, payable by the Lessee on demand, at a rate per annum equal to the Overdue Rate from the date of such nonpayment until such amount is paid in full (as well after as before judgment).

Appears in 1 contract

Samples: Participation Agreement (Vitesse Semiconductor Corp)

Overdue Fees. If all or a portion of any fee due hereunder shall not be paid when due, such overdue amount shall bear interest, payable by the Lessee on demand, at a rate per annum equal to the Overdue Default Rate from the date of such nonpayment until such amount is paid in full (as well after as before judgment).

Appears in 1 contract

Samples: Participation Agreement (Quantum Corp /De/)

Overdue Fees. If all or a portion of any fee due hereunder shall not be paid when due, such overdue amount shall bear interest, payable by the Lessee on demand, at a rate per annum equal to the Overdue Rate from the date of such nonpayment until such amount is paid in full (as well after as before judgment). SECTION 5.

Appears in 1 contract

Samples: Participation Agreement (Vitesse Semiconductor Corp)