Common use of When Due and Payable Clause in Contracts

When Due and Payable. 2.3.1. The Base Rent for any Lease Year shall be due and payable in twelve (12) consecutive, equal monthly installments, in advance, on the first (1st) day of each calendar month during such Lease Year; provided, that the installment of the Base Rent payable for the first full calendar month of the Term (and, if the Term commences on a day other than the first (1st) day of a calendar month, that portion of the Base Rent which is payable for such month) shall be due and payable on the Commencement Date. 2.3.2. Any Additional Rent accruing to the Landlord under any provision of this Lease shall, except as is otherwise set forth herein, be due and payable when the installment of the Base Rent next falling due after such Additional Rent accrues becomes due and payable, unless the Landlord makes written demand upon the Tenant for payment thereof at any earlier time, in which event such Additional Rent shall be due and payable at such time. 2.3.3. Each such payment shall be made promptly when due, without any deduction or setoff whatsoever, and without demand, failing which the Tenant shall pay to the Landlord as Additional Rent, for each day on which such payment is due but unpaid, a late charge equaling 1/365th of twenty percent (20%) of such payment.

When Due and Payable. 2.3.1. (a) The Base Rent for any Lease Year shall be due and payable in twelve (12) consecutive, equal monthly installments, in advance, on the first (1st) day of each calendar month during such Lease Year; provided, that the installment of the Base Rent payable for the first full calendar month of the Term (and, if the Term commences on a day other than the first (1st) day of a calendar month, that portion of the Base Rent which is payable for such month) shall be due and payable on the Commencement Datefull execution and delivery of this Lease. 2.3.2. (b) Any Additional Rent accruing to the Landlord under any provision of this Lease shall, except as is otherwise set forth herein, be due and payable when the installment of the Base Rent next falling due after such Additional Rent accrues becomes due and payable, unless the Landlord makes written demand upon the Tenant for payment thereof at any earlier time, in which event such Additional Rent shall be due and payable at such time. 2.3.3. (c) Each such payment shall be made promptly when due, without any deduction or setoff whatsoever, and without demand, failing which the Tenant shall pay to the Landlord on demand as Additional Rent, for each day on which such payment is due but unpaid, a late payment service charge equaling 1/365th (to cover Landlord's administrative and overhead expenses of twenty percent (20%) of such payment.processing

When Due and Payable. 2.3.14.2.1. The Base Rent for any Lease Year shall be due and payable in twelve (12) consecutive, equal monthly installments, in advance, on the first (1st) day of each calendar month during such Lease Year; provided. For instance, that the installment of the Base Rent payable annual rental payments for the first full calendar month year of the Term (andlease is $52,500; therefore, if the Term commences rental payments for year one will be payable in 12 equal monthly payments of $4,375 on a day other than the first (1st) day of a each calendar month, that portion of the Base Rent which is payable for such month) shall be due and payable on the Commencement Date. 2.3.24.2.2. Any Additional Rent accruing to the Landlord under any provision of this Lease shall, except as is otherwise set forth herein, be due and payable when the installment of the Base Rent next falling due after such Additional Rent accrues becomes due and payable, unless the Landlord makes written demand upon the Tenant for payment thereof at any earlier time, in which event such Additional Rent shall be due and payable at such time. 2.3.34.2.3. Each such payment shall be made promptly when due, without any deduction or setoff whatsoever, and without demand, failing which . Any payment made by the Tenant shall pay to the Landlord as Additional Rent, for each day on which account of Rent may be credited by the Landlord to the payment of any Rent then past due before being credited to Rent currently falling due. Any such payment which is less than the amount of Rent then due but unpaidshall constitute a payment made on account thereof, a late charge equaling 1/365th of twenty percent (20%) the parties hereto hereby agreeing that the Landlord's acceptance of such paymentpayment (whether or not with or accompanied by an endorsement or statement that such lesser amount or the Landlord's acceptance thereof constitutes payment in full of the amount of Rent then due) shall not alter or impair the Landlord's rights hereunder to be paid all of such amount then due, or in any other respect.

When Due and Payable. 2.3.13.2.1. The Base Rent for any Lease Year shall be due and payable in twelve (12) consecutive, equal monthly installments, in advance, advance on the first (1st) day of each calendar month during such Lease Year; provided, that the installment of the Base Rent payable for the first full calendar month of the Term (and, and on the Commencement Date if the Term commences same does not fall on a day other than the first (1st) day of a calendar month), that portion of the Base Rent which is payable for such month) shall be due and payable on the Commencement Datefirst day of each succeeding month. 2.3.23.2.2. Any Additional Rent accruing to the Landlord under any provision of this Lease shall, except as is otherwise set forth herein, be due and payable when the installment of the Base Rent next falling due after such Additional Rent accrues becomes due and payable, unless the Landlord makes written demand upon the on Tenant for payment thereof at any earlier time, in which event such Additional Rent shall be due and payable at such time. 2.3.33.2.3. Each such payment shall be made promptly when due, without any deduction or setoff whatsoever, and without notice or demand, failing which the Tenant shall pay to the Landlord as Additional Rent, for each day after the 10th day on which such payment is due but unpaid, a late charge equaling 1/365th equalling one 365th of twenty 20 percent (20%) of such payment. Any payment made by Tenant to Landlord on account of Rent may be credited by Landlord to the payment of any Rent then past due before being credited to Rent currently falling due. Any such payment which is less than the amount of Rent then due shall constitute a payment made on account thereof, the parties hereto hereby agreeing that Landlord's acceptance of such payment (whether or not with or accompanied by an endorsement or statement that such lesser amount or Landlord's acceptance thereof constitutes payment in full of the amount of Rent then due) shall not alter or impair Landlord's rights hereunder to be paid all of such amount then due, or in any other respect.