Past Due Amount Sample Clauses

Past Due Amount. Tenant agrees and acknowledges that as of the date of this Amendment, Tenant owes Landlord the sum of $609,557.69 in past due Rent (the "Pre-Amendment Past Due Rent"). After applying the Abated Rent against the Pre-Amendment Past Due Rent, as of the date of this Amendment, Tenant owes Landlord the sum of $268,357.85 in past due Rent (the "Past Due Rent"). Tenant agrees to repay the Past Due Rent on a straight-line basis throughout the Fifth Amendment Extended Term beginning on March 1, 2021. Tenant's monthly payments of Past Due Rent shall be in addition to Monthly Minimum Rent and all other amounts due and owing under the Lease in accordance with the updated rent schedule attached hereto as Exhibit A (the "Revised Rent Schedule"). Such Revised Rent Schedule shall reflect the (i) Past Due Rent, (ii) the amortized amount of the Past Due Rent that is due and payable and (iii) the total of such amounts.

Past Due Amount. Any current charges or portion thereof for any municipal utility which remain unpaid past the due date of the bill on which such current charges first appear.

Past Due Amount. Any amount due hereunder shall, if remaining past due for thirty (30) days (i.e., sixty (60) days after Mentor's receipt of invoice), accrue interest thereon at the rate of one and one-half percent (1-1/2 %) per month for each month or portion thereof that the amount remains unpaid. In the event that any invoice remains past due for more than ninety (90) days, Supplier may, at its option, require any further shipments of Materials to Mentor to be sent C.O.D until all past due payments have been made.

Past Due Amount. 3 Person ....................................................... 3 Property ..................................................... 3