Past Due Amount Sample Clauses

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Past Due Amount. Any amount due hereunder shall, if remaining past due for thirty (30) days (sixty (60) days after Mentor's receipt of invoice), shall accrue interest hereon at the rate of 1-1/2 % per month for each month or portion thereof that the amount remains due. In the event that any invoice remains past due for more than ninety (90) days, SiTech may, at its option, require any further shipments of Materials to mentor to be sent C.O.D. until otherwise agreed by SiTech.
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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.
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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.
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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.
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Past Due Amount. 3 Person ....................................................... 3 Property ..................................................... 3
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Related to Past Due Amount

  • Past Due Amounts If Tenant fails to pay when due any amount required to be paid by Tenant under this Agreement, such unpaid amount shall bear interest at the rate of twelve percent (12%) per annum from the due date of such amount to the date of payment in full, with interest. In addition, City may also charge a sum of five percent (5%) of such unpaid amount as a service fee, which the parties agree is a reasonable estimate of and liquidated damages for City’s additional costs for billing and collection arising from Tenant's failure to make payment in a timely manner. All amounts due under this Agreement are and shall be deemed to be rent or additional rent, and shall be paid without abatement, deduction, offset, prior notice, or demand (unless expressly provided by the terms of this Agreement). City’s acceptance of any past due amount (or its associated interest or service fee) shall not constitute a waiver of any default under this Agreement.

  • Past Due Payments The RECIPIENT shall be in default of its obligations under this loan agreement when any loan repayment becomes 60 days past due.

  • Past Due At the Cutoff Date no Receivable was more than 30 days past due.

  • Overdue Amounts Until paid, all amounts due and payable by the Company hereunder shall be a debt secured by the Collateral and shall bear, whether before or after judgment, interest at the rate of interest for overdue principal set forth in the Transaction Documents.

  • Payment of default interest on overdue amounts The Borrower shall pay interest in accordance with the following provisions of this Clause 7 on any amount payable by the Borrower under any Finance Document which the Agent, the Security Trustee or the other designated payee does not receive on or before the relevant date, that is: (a) the date on which the Finance Documents provide that such amount is due for payment; or (b) if a Finance Document provides that such amount is payable on demand, the date on which the demand is served; or (c) if such amount has become immediately due and payable under Clause 19.4, the date on which it became immediately due and payable.