Common use of Rent Past Due Clause in Contracts

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 any Rent when due, due then, in addition to all other rights and remedies available to the Landlord, the unpaid amounts will shall, upon demand from the Landlord, bear interest from the due date to the date of payment at of 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 lawmonthly.

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 upon demand 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 lawmonthly.

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 five (45) percentage points above the Prime Rate, calculated and compounded monthly or, minimum lending rate charged to prime commercial borrowers current at that time charged by the Landlord's optionchartered bank, at the maximum annual rate permitted by lawcalculated per diem and compounded monthly.