Past Due Sums. If Tenant fails to pay within five (5) days from written notice from Landlord, any Basic Annual Rent, Additional Rent, or other sum required to be paid by it hereunder, such unpaid amounts shall bear interest from the due date thereof to the date of payment at a rate of twelve percent (12%) per annum. In addition thereto, Tenant shall pay a sum of five percent (5%) of such unpaid amounts of Basic Annual Rent, Additional Rent, or other sum to be paid by it hereunder as a service fee. Notwithstanding the foregoing, however, Landlord’s right concerning such interest and service fee shall be limited by the maximum amount which may properly be charged by Landlord for such purposes under applicable law.
Past Due Sums. If Tenant fails to pay, when the same is due and payable, any Basic Annual Rent, Additional Rent, or other sum required to be paid by it hereunder, such unpaid amounts shall bear interest from the due date thereof to the date of payment at a rate equal to ten percent (10%) per annum (the “Default Interest Rate”). In addition thereto, Tenant shall pay a sum of five percent (5%) of such unpaid amounts of Basic Annual Rent, Additional Rent, or other sum to be paid by it hereunder as a service fee. Notwithstanding the foregoing, however, Landlord’s right concerning such interest and service fee shall be limited by the maximum amount which may properly be charged by Landlord for such purposes under applicable law.
Past Due Sums. If Renter fails to pay any sum, when the same is due and payable, any fee required to be paid by it hereunder, including, without limitation, clean-up fees and damage charges, such unpaid amounts shall bear interest from the due date thereof to the date of payment at the rate of 18% (eighteen percent) per annum.
Past Due Sums. If Vendor fails to pay, when the same is due and payable, any fee or other sum required to be paid by it hereunder, such unpaid amounts shall bear interest from the due date thereof to the date of payment at the rate of 18% (eighteen percent) per annum. No payments of rent or other sums due by Vendor to Jovial after termination of this Agreement shall reinstate, continue or extend the term of this Agreement unless expressly agreed to by Jovial in writing.
Past Due Sums. If Tenant fails to pay, within Five (5) days after the due date, any rent or other sum required to be paid by Tenant hereunder, such payment at the rate of one and one-t)half percent (1-1/2%) per month or portion thereof, both before and after judgment. Tenant further agrees to pay Twenty-Five Dollars ($25.00) for a dishonored bank check<. If a bank dishonored, upon demand by Landlord, Tenant agrees to make all future payments with cash or cashier's checks.
Past Due Sums. If Tenant fails to pay, when the same is due and payable, any minimum rent, additional rent, or other sum required to be paid by it hereunder, such unpaid amounts shall bear interest from the due date thereof to the date of payment at the rate of one and one-half percent (1-1/2%) per month, for an annual rate of eighteen percent (18%).
Past Due Sums. Any sums not paid when due shall bear interest at the rate of one and one-half percent (1.5%) per month (compounding) until paid, provided that if such rate of late charge is not permitted by law, the highest legal rate shall be charged. In the event payment is not made as provided herein, TNA shall have the right to withhold further Goods until payment is made or all outstanding balance owed immediately or to terminate the Order and receive damages until paid. TNA reserves the right to change credit terms on any outstanding portion of an Order if any sums not paid when due.
Past Due Sums. If Sublessee fails to pay, when the same is due and payable, any Rents, such unpaid amounts shall bear interest from the due date thereof to the date of payment at a fluctuating rate equal to two percent (2%) per annum above the Prime Rate. For purposes of this Sublease, “Prime Rate” means the prime rate or base rate reported in the Money Rates column or section of The Wall Street Journal as being the prime rate or base rate on corporate loans at large U.S. money center commercial banks (whether or not such rate has actually been charged by any such bank). If The Wall Street Journal ceases publication of the prime rate or the base rate, “Prime Rate” shall mean the rate of interest from time to time announced by the national bank in the United States doing business in Utah having the largest asset value as its prime rate or base rate. In addition thereto, Sublessee shall pay a sum of five percent (5%) of such unpaid Rents as a service fee. Only one service fee shall be charged for each instance of unpaid Rents. Notwithstanding the foregoing, however, Sublessor’s right concerning such interest and service fee shall be limited by the maximum amount which may properly be charged by Sublessor for such purposes under applicable law.
Past Due Sums. In the event that it becomes necessary to expend resources to recover any past due sums under this Agreement, Client shall be responsible for all costs and expenses associated with collection efforts, including, reasonable attorneys' fees.
Past Due Sums. If Tenant fails to pay, when the same is due and payable, any Basic Annual Rent, Additional Rent, or other sum required to be paid by it hereunder, such unpaid amounts shall bear interest (“Default Interest”) from the due date thereof to the date of payment at a fluctuating rate equal to two percent (2%) per annum above the Prime Rate (the “Default Rate”). For purposes of this Lease, “Prime Rate” means the prime rate or base rate reported in the Money Rates column or section of The Wall Street Journal as being the prime rate or base rate on corporate loans at large U.S. money center commercial banks (whether or not such rate has actually been charged by any such bank). If The Wall Street Journal ceases publication of the prime rate or the base rate, “Prime Rate” shall mean the rate of interest from time to time announced by the national bank in the United States doing business in Utah having the largest asset value as its prime rate or base rate. In addition thereto, Tenant shall pay a sum of five percent (5%) of such unpaid amounts of Basic Annual Rent, Additional Rent, or other sum to be paid by it hereunder as a service fee (such fee, a “Late Payment Fee”). Notwithstanding the foregoing, however, (a) Landlord’s right concerning such interest and service fee shall be limited by the maximum amount which may properly be charged by Landlord for such purposes under Applicable Laws, and (b) Tenant shall be entitled to a grace period of ten (10) business days following the applicable due date with respect to one (1) required payment hereunder in each calendar year during the Term, during which Tenant shall not be charged Default Interest or any Late Payment Fee; provided that, if such amount remains unpaid following such ten (10) business day grace period, Default Interest shall begin accruing, and Late Payment Fee shall be assessed, as of the expiration of such ten (10) business day grace period.
