Common use of Additional Rent and Interest Clause in Contracts

Additional Rent and Interest. All taxes, charges, costs, expenses and other amounts which Lessee is required to pay or reimburse Lessor hereunder (including without limitation, Premises Taxes and Premises Insurance Premiums and repair and maintenance cost reimbursements) and all interest and charges (including late charges) that may accrue thereon upon Lessee’s failure to pay the same and all damages, and any costs and expenses which Lessor may incur by reason of any default by Lessee shall be deemed to be additional rent hereunder. Upon nonpayment by Lessee of any additional rent, Lessor shall have all the rights and remedies with respect thereto as Lessor has for the nonpayment of Base Rent. The term “Rentals” as used in this Lease is defined as Base Rent and all additional rent. Any payment due from Lessee to Lessor, including but not limited to Base Rent and all additional rent shall bear interest from the day the same is due until paid, at the Stipulated Rate. Payment of such interest shall not excuse or cure any default by Lessee. In addition, Lessee shall pay all costs and attorneys’ fees incurred by Lessor in collection of such amounts. All Rentals and other monies due under this Lease shall survive Lease Termination. Interest on Rentals past due as provided herein shall be in addition to the late charges levied pursuant to Article 40a. above. All Rentals shall be paid to Lessor, in lawful money of the United States of America which shall be legal tender at the time of payment, at the address of Lessor as provided herein, or to such other person or at such other place as Lessor may from time to time designate in writing. If at any time during the Term Lessee pays any Rentals due hereunder by check, which check is dishonored or is returned for insufficient funds, Lessor shall have the right, in addition to any other rights or remedies Lessor may have hereunder, to require that Rentals thereafter be paid in cash or by cashier’s or certified check. Lessee expressly waives all right of offset against any Rentals pursuant to California Code of Civil Procedure Section 431.70 or otherwise. All Rentals shall constitute “rent” or “rental” for the purposes of the unlawful detainer statutes (California Code of Civil Procedure Section 1161 et. seq.).

Additional Rent and Interest. All taxes, charges, costs, expenses and other amounts which Lessee Tenant is required to pay or reimburse Lessor hereunder (hereunder, including without limitation, Premises limitation Tenant's Percentage Share of Office Project Taxes and Premises Insurance Premiums and repair and maintenance cost reimbursements) Operating Expenses, and all interest and charges (including late charges) that may accrue thereon upon Lessee’s Tenant's failure to pay the same and all damages, and any costs and expenses which Lessor Landlord may incur by reason of any default by Lessee Tenant shall be deemed to be additional rent hereunder. Upon nonpayment by Lessee Tenant of any additional rent, Lessor Landlord shall have all the rights and remedies with respect thereto as Lessor Landlord has for the nonpayment of Base Rent. The term “"Rentals” " as used in this Lease is defined as Base Rent and all additional rent. Any payment due from Lessee Tenant to LessorLandlord, including but not limited to Base Rent and all additional rent shall bear interest from the thirtieth (30th) day after the same is due until paid, at the Stipulated Rate. Payment of such interest shall not excuse or cure any default by LesseeTenant. In addition, Lessee Tenant shall pay all costs and attorneys’ ' fees incurred by Lessor Landlord in collection of such amounts. All Rentals and other monies due under this Lease shall survive Lease Termination. Interest on Rentals past due as provided herein shall be in addition to the late charges levied pursuant to Article 40a. above. All Rentals shall be paid to LessorLandlord, in lawful money of the United States of America which shall be legal tender at the time of payment, at the address of Lessor Landlord as provided herein, or to such other person or at such other place as Lessor Landlord may from time to time designate in writing. If at any time during the Term Lessee Tenant pays any Rentals due hereunder by check, which check is dishonored or is returned for insufficient funds, Lessor Landlord shall have the right, in addition to any other rights or remedies Lessor Landlord may have hereunder, to require that Rentals thereafter be paid in cash or by cashier’s 's or certified check. Lessee expressly waives all right of offset against any Rentals pursuant to California Code of Civil Procedure Section 431.70 or otherwise. All Rentals shall constitute “rent” or “rental” for the purposes of the unlawful detainer statutes (California Code of Civil Procedure Section 1161 et. seq.).