Common use of Penalties and Interest Clause in Contracts

Penalties and Interest. Lessee shall pay penalties and interest on late royalty payments, minimum royalty payments, and other sums due, and for failure to provide documents, as provided by law or the Rules. The right to collect penalties and interest is in addition to, and shall not in any way limit or restrict, the rights of Lessor or the Board of Regents to pursue other remedies in law or in equity, including without limitation forfeiture of this Lease.

Penalties and Interest. Lessee shall pay penalties and interest on late royalty payments, minimum royalty payments, Royalty payments and other sums due, and for failure to provide documentsdocuments (whether physical documents or information in electronic form), as provided by law or the Rules. The right to collect penalties and interest is in addition to, and shall not in any way limit or restrict, the rights of Lessor or the Board of Regents to pursue other remedies in law or in equity, including without limitation forfeiture of this Lease.Contract. •••

Penalties and Interest. Lessee shall will pay penalties and interest on late royalty Royalty payments, minimum royalty Minimum Royalty payments, and other sums due, and for failure to provide documents, documents (whether physical documents or information in electronic form) as provided specified by law or the RulesLessor. The right to collect penalties and interest is in addition to, and shall does not in any way limit or restrict, the rights of Lessor or the Board of Regents to pursue other remedies in at law or in equity, including without limitation forfeiture limitation, termination of this Lease.