Common use of Based on Interest Clause in Contracts

Based on Interest. The late fee shall equal the Rent Due with interest accumulating at a rate of % per annum and applied each ☐ occurrence ☐ day until the Rent is paid in full. All late payments made related to Rent shall be first applied to the late fee and all remaining amounts toward the outstanding Rent amounts.

Appears in 28 contracts

Sources: Commercial Lease Agreement, Commercial Lease Agreement, Commercial Lease Agreement

Based on Interest. The late fee shall be equal to the Rent Due with interest accumulating at a rate of % per annum and applied each ☐ occurrence ☐ day until the Rent is paid in full. All late payments made related to Rent shall be first applied to the late fee and all remaining amounts toward the outstanding Rent amounts.

Appears in 20 contracts

Sources: Commercial Lease Agreement, Commercial Lease Agreement, Commercial Lease Agreement

Based on Interest. The late fee shall be equal to the Rent Due with interest accumulating at a rate of % [#]% per annum and applied each ☐ occurrence ☐ day until the Rent is paid in full. All late payments made related to Rent shall be first applied to the late fee and all remaining amounts toward the outstanding Rent amounts.

Appears in 5 contracts

Sources: Commercial Lease Agreement, Commercial Lease Agreement, Commercial Lease Agreement

Based on Interest. The late fee shall be equal to the Rent Due with interest accumulating at a rate of ___ % per annum and applied each occurrence day until the Rent is paid in full. All late payments made related to Rent shall be first applied to the late fee and all remaining amounts toward the outstanding Rent amounts.

Appears in 5 contracts

Sources: Commercial Lease Agreement, Commercial Lease Agreement, Commercial Lease Agreement

Based on Interest. The late fee shall equal the Rent Due with interest accumulating at a rate of % [#]% per annum and applied each ☐ occurrence ☐ day until the Rent is paid in full. All late payments made related to Rent shall be first applied to the late fee and all remaining amounts toward the outstanding Rent amounts.

Appears in 4 contracts

Sources: Commercial Lease Agreement, Commercial Lease Agreement, Commercial Lease Agreement

Based on Interest. The late fee shall be equal to the Rent Due with interest accumulating at a rate of 18.5% per annum and applied each ☐ occurrence day until the Rent is paid in full. All late payments made related to Rent shall be first applied to the late fee and all remaining amounts toward the outstanding Rent amounts.

Appears in 1 contract

Sources: Commercial Lease Agreement

Based on Interest. The late fee shall be equal to the Rent Due with interest accumulating at a rate of % [#]% per annum and applied each ☐ occurrence ☐ day until the Rent is paid in full. All late payments made related to Rent shall be first applied to the late fee and all remaining amounts toward the outstanding Rent amounts.

Appears in 1 contract

Sources: Commercial Lease Agreement

Based on Interest. The late fee shall equal the Rent Due with interest accumulating at a rate of [#]% per annum and applied each ☐ occurrence ☐ day until the Rent is paid in full. All late payments made related to Rent shall be first applied to the late fee and all remaining amounts toward the outstanding Rent amounts.

Appears in 1 contract

Sources: Commercial Lease Agreement