Rent Past Due. If the Tenant fails to pay any Rent when the same is due and payable, such unpaid amount shall bear interest at the rate of eighteen percent (18%) per annum (calculated monthly at the rate of one and one‐ half percent (1.5%), such interest to be calculated from the time such Rent becomes due until paid by the Tenant.
Rent Past Due. If the Lessee fails to pay, when the same is due and payable, any Gross Rent, Additional Rent or other amount payable by the Lessee under this Lease, such unpaid amounts shall bear interest from the due date thereof to the date of payment, compounded monthly at the rate equal to four (4) percentage points in excess of the Prime Rate.
Rent Past Due. In the event any installment of Rent is not received within five (5) days after the due date, a late charge of ten percent (10%) of the delinquent sum may be charged by Landlord. If any installment of Rent shall remain overdue for more than fifteen (15) days, an additional late charge in an amount equal to one and one-half percent (1.5%) per month (18% per annum) of the delinquent amount may be charged by Landlord, such charge to be computed for the entire period for which the amount is overdue and which shall be in addition to and not in lieu of the ten percent (10%) late charge or any other remedy available to Landlord.
Rent Past Due. All Rent past due shall bear interest from the date on which the same became due until the date of payment at 5% per annum in excess of the prime interest rate for Canadian Dollar demand loans announced from time to time by any Canadian chartered bank designated by the Landlord.
Rent Past Due. If the Tenant fails to pay any Rent when due, then, in addition to all other rights and remedies available to the Landlord, the unpaid amounts will bear interest from the due date to the date of payment at an annual rate of four (4) percentage points above the Prime Rate, calculated and compounded monthly or, at the Landlord's option, at the maximum annual rate permitted by law.
Rent Past Due. If the Tenant fails to pay, when the same is due and payable, any Basic Rent, Additional Rent or other amount payable by the Tenant under this Lease, such unpaid amounts shall bear interest at an annual rate which, as determined by the Landlord, will be up to five (5) percentage points above the prime bank commercial interest lending rate charged at such time by the Landlord's chartered bank pro-rated from the due date thereof to the date of payment, subject to monthly compounding.
Rent Past Due. If the Tenant fails to pay, when the same is due and payable, any Basic Rent, Additional Rent or other amount payable by the Tenant under this Lease, such unpaid amounts bear interest from the due date thereof to the date of payment at a rate per annum which is five (5) percentage points in excess of the minimum lending rate to prime commercial borrowers current at such time charged by any Canadian chartered bank designated by the Landlord from time to time.
Rent Past Due. If any payment due from Tenant shall be overdue, a late charge of five (5%) percent of the delinquent sum may be charged by the Landlord. If any payment due from Tenant shall remain overdue for more than fifteen (15) days, an additional late charge in an amount equal to the lesser of the highest rate permitted by law or one and one-half (1 1/2%) percent per month (eighteen (18%) per annum) of the delinquent amount may be charged by Landlord, such charge to be computed for the entire period for which the amount is overdue and which shall be in addition to and not in lieu of the five (5%) percent late charge or any other remedy available to Landlord.
Rent Past Due. If the Tenant fails to pay any Rent when due, the unpaid amounts bear interest, from the due date to the date of payment at a rate of 2% per month at simple interest. In addition, if said payment falls past due by reason of the Tenant’s cheque not being honored by it bank, then an additional fee of $100 shall be payable by the Tenant to the Landlord.
Rent Past Due. In the event of the Tenant making default in payment of any sum required to be paid by it under this Lease, whether or not the same is payable to the Landlord or otherwise, the Landlord shall have the right to pay any sums so in default and such sums plus interest thereon at the rate of five (5) percentage points above the rate per annum charged to the Landlord by its bank or financial institution shall be recoverable as additional rent.
