Common use of Past Due Rent and Additional Rent Clause in Contracts

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 Rentadditional 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 (the "Default Rate") which is the lesser of (i) eighteen percent (18%) per annum, or (ii) the maximum interest rate permitted by law (the "Default Rate")law.

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 ten percent (1810%) per annum, or (ii) the maximum interest rate permitted by law (the "Default Rate").

Past Due Rent and Additional Rent. If Tenant Concessionaire 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 Landlordas contained herein, 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, annum or (ii) the maximum interest rate permitted by law (the "Default Rate")law.