Past Due Rent and Additional Rent. If Tenant shall fail to pay, when the same is due and payable, any Rent or any Additional Rent, or amounts or charges of any character whatsoever owed to Landlord, such unpaid amounts shall bear interest from the due date thereof to the date of payment at the rate which is the lesser of (i) eighteen percent (18%) per annum, or (ii) the maximum interest rate permitted by law (the "Default Rate").
Past Due Rent and Additional Rent. If Tenant shall fail to pay, when the same is due and payable, any rent or any additional rent, or amounts or charges of the character described in Section 2.5 hereof, such unpaid amount shall bear interest from the due date thereof to the date of payment at the rate of two percent (2x) per month.
Past Due Rent and Additional Rent. If Tenant shall fail to pay --------------------------------- any Rent before the sixth day after such Rent is due and payable, Tenant agrees to pay as Additional Rent each day after such sixth day that the Rent remains unpaid, a late charge which shall be the greater of (a) $25.00 per day, or (b) 5% of the amount of such unpaid Rent divided by 30. The late charge shall accrue daily until the unpaid Rent (including the late charge) is paid. Tenant agrees that such amounts are not a penalty, but are intended as liquidated damages and reflect a reasonable estimate by the parties of the cost to reimburse Landlord for the loss of the use of the money and the additional administrative costs resulting from late payments. Tenant shall also be responsible for the payment of reasonable attorneys' fees incurred by Landlord in collecting any delinquent Rent from Tenant. Any election by Landlord to waive in any instance the requirement for Tenant's payment of late charges and/or attorneys' fees incurred by Landlord pursuant to this Section of any other provision in this Lease shall not operate to waive or impair Landlord's right to collect such sums from Tenant upon any other breach of Tenant's obligations under this Lease.
Past Due Rent and Additional Rent. If Tenant shall fail to pay, when the same is due and payable, any Fixed Base Rent, or any Additional Rent as hereinafter defined, or any other amounts or charges of the character, such unpaid amounts shall bear interest from the due date thereof to the date of payment at the Default Interest Rate (as defined in Section 14.04).
Past Due Rent and Additional Rent. If Tenant shall fail to pay, when the same is due and payable, any rent or any additional rent, or amounts or charges of the nature described in Section 2.03hereof, such unpaid amounts shall bear a penalty of five percent (5.0%) if not paid within fifteen (15) days of the date first due.
Past Due Rent and Additional Rent. If Tenant shall fail to pay, when the same is due and payable. any rent or any additional rent, or amount or charges, of the character described in Section 2.03 hereof, such unpaid amounts shall bear interest from the fifth (5th) day after the due date thereof to the day of payment, at the rate of fifteen percent (15%) per annum, or at Lessor's option, Tenant shall be assessed a One Hundred Dollar ($100.00) penalty due and payable within seven (7) days after invoice from Lessor.
Past Due Rent and Additional Rent. If Tenant fails to pay, --------------------------------- when the same is due and payable, any Minimum Rent or any Additional Rent due hereunder, such unpaid amounts shall bear interest from the due date thereof to the date of payment at the prime commercial lending rate specified in the money rates column of the Wall Street Journal Eastern Edition from time to time, plus ------------------- three (3) percentage points; provided, however, that if such rate is higher than the maximum rate of interest allowed under applicable law, the interest shall be the maximum rate allowed.
Past Due Rent and Additional Rent. If Tenant shall fail to pay, when the same is due and payable, any Rent or any Additional Rent, or amounts or charges of the character described in Section 3.03 hereof, Tenant shall pay as Additional Rent a late fee equal to six (6%) percent of the delinquent amount if such payments are not paid within five days of their due date. Landlord and Tenant agree that this late charge represents a reasonable estimate of the costs and expenses Landlord will incur and is fair compensation to Landlord for its loss suffered by reason of late payment by Tenant.
Past Due Rent and Additional Rent. Tenant hereby acknowledges that if any monthly payment of Rent or any other monies due hereunder from Tenant shall not be received by Landlord or its agent within five (5) days after such payment is due, to compensate Landlord for the additional administrative expenses incurred by Landlord in connection with such late payment, Tenant shall pay a monthly late charge equal to ten percent (10.0%) of the delinquent amount, provided that the payment of such late charge shall not excuse such late payment. Tenant shall be charged the sum of Fifty Dollars ($50.00) for any check returned to Landlord by Tenant's bank for non-sufficient funds or any other reason whatsoever. Late fees and returned check fees become Additional Rent, pursuant to Section 3.04. Landlord may after two (2) such returned checks during the Lease Term, at its sole option, insist upon payment of any sums due hereunder thereafter (including, without limitation, the monthly Rent) by cashier's check or certified funds only. If Tenant shall fail to pay, when the same is due and payable, any Rent, including the amounts or charges of the character described in Section 3.04 hereof, such unpaid amounts shall bear interest from the due date thereof to the date payment is received in hand by Landlord at the rate which is the greater of eighteen (18.0%) percent per annum or the maximum interest rate permitted by law.
Past Due Rent and Additional Rent. If Tenant fails to pay within ten (10) days after the same is due and payable any Minimum Rent or any Additional Rent, or any other amounts or charges payable by Tenant under this Lease, such unpaid amounts will be increased by a late charge equal to five percent (5%) of the unpaid amount, and such payment, as increased, will thereafter bear interest from the due date thereof to the date of payment at the highest lawful rate permitted to be charged under Florida law.
