Partial Rent Payment Agreement Template for Nigeria

1. Parties: Identifies and provides full details of the landlord and tenant, including their legal names, addresses, and contact information

2. Background: Explains the context of the agreement, including reference to the main lease agreement and the circumstances leading to this partial payment arrangement

3. Definitions: Defines key terms used throughout the agreement, including 'Partial Payment', 'Outstanding Rent', 'Payment Schedule', etc.

4. Original Rent Obligation: States the original rent amount, payment terms, and current outstanding balance

5. Partial Payment Terms: Details the agreed partial payment amount, frequency, and duration of the arrangement

6. Payment Schedule: Specifies exact dates, amounts, and methods of payment for each installment

7. Default Provisions: Outlines consequences of missing payments and remedies available to the landlord

8. Effect on Original Lease: Clarifies that all other terms of the original lease remain in force

9. Acknowledgment of Debt: Tenant's formal acknowledgment of the total outstanding rent amount

10. Governing Law: Specifies that the agreement is governed by Nigerian law and the specific state jurisdiction

11. Execution: Signature blocks for all parties and witnesses

1. Schedule A - Payment Calendar: Detailed calendar showing all payment dates, amounts, and running balance

2. Schedule B - Original Lease Reference: Copy or key terms of the original lease agreement referenced in this arrangement

3. Schedule C - Statement of Arrears: Detailed breakdown of all outstanding rent amounts and how they accumulated

4. Schedule D - Payment Methods: Specific details about accepted payment methods and processing information

5. Appendix 1 - Proof of Hardship: If applicable, documentation supporting the need for partial payments

6. Appendix 2 - Guarantor Information: If applicable, detailed information about the guarantor and their obligations