Default Period. In a case where the Lessee has neglected to submit rent payment for a number of days, the Lessor will be entitled to assess a penalty amount. Record the number of days after the missed due date the Lessor shall wait before adding an owed penalty amount to the original rent amount the Lessee owns. (25) Nonpayment Penalty. The penalty payment the Lessor will add to the unpaid rent amount in default should be identified in this lease. This can be set to be calculated as a per annum percentage that is added for every day the rent is overdue or as a flat fee charged for every day the rent is overdue by selecting the appropriate checkbox statement then documenting either the percentage rate the Lessor will use or the flat fee dollar amount. Only one of these statements may be applied and considered valid if the information it requests is presented. 18. Miscellaneous Terms (26)
Default Period. If the Tenant has violated this lease in a way that implies he or she will not honor its contents and/or continue residing in the premises without any notice given by him or her, then the Landlord will need to pursue any actions needed to collect any money owed. Before the Landlord can take such measures he or she will often be required by the local jurisdiction to give the Tenant notice of this status. The number of days the Landlord will wait for a Tenant response before continuing to the next stage should be documented. Occupants (18)
Default Period. Subject to cure provisions, a Default Period with respect to a particular series of Tortoise Notes will commence on any date the Company fails to deposit irrevocably in trust in same-day funds, with the Paying Agent by 12:00 noon, New York City time,
Default Period. Subject to cure provisions, a "Default Period" with respect to a particular series of Energy Notes will commence on any date the Fund fails to deposit irrevocably in trust in same-day funds, with the Paying Agent by 12:00 noon, New York City time, (A) the full amount of any declared interest on that series payable on the Interest Payment Date (an "Interest Default") or (B) the full amount of any redemption price (the "Redemption Price") payable on the date fixed for redemption (the "Redemption Date") (a "Redemption Default" and together with an Interest Default, hereinafter referred to as "Default"). Subject to cure provisions, a Default Period with respect to an Interest Default or a Redemption Default shall end on the Business Day on which, by 12:00 noon, New York City time, all unpaid interest and any unpaid Redemption Price shall have been deposited irrevocably in trust in same-day funds with the Paying Agent. In the case of an Interest Default, the Applicable Rate for each Rate Period commencing during a Default Period will be equal to the Default Rate, and each subsequent Rate Period commencing after the beginning of a Default Period shall be a Standard Rate Period; provided, however, that the commencement of a Default Period will not by itself cause the commencement of a new Rate Period. No Auction shall be held during a Default Period with respect to an Interest Default applicable to that series of Energy Notes. No Default Period with respect to an Interest Default or Redemption Default shall be deemed to commence if the amount of any interest or any Redemption Price due (if such default is not solely due to the willful failure of the Fund) is deposited irrevocably in trust, in same-day funds with the Paying Agent by 12:00 noon, New York City time within three Business Days after the applicable Interest Payment Date or Redemption Date, together with an amount equal to the Default Rate applied to the amount of such non-payment based on the actual number of days comprising such period divided by 365 for each series. The Default Rate shall be equal to the Reference Rate multiplied by three.
Default Period. In a case where the Lessee neglected to send the rent payment for a number of days, Lessor will be entitled to assess a penalty amount. Register the number of days after the missed expiration date the Lessor will have to wait before adding a penalty amount due to the original rent amount Lessee owns. (25) Pen of non-payment. The payment of the penalty that Lessor will add to the amount of the unpaid rent in default should bein this lease. This can be set to be calculated as a percentage of a year which is added for each day the rent is late or as a flat fee charged for each day the rent is late selecting the appropriate statement of the checkbox then documenting both the percentage that the Lessor will use or the amount of the flat-paying dollar. Only one of these statements can be applied and considered valid if the requested information is submitted. 18. Various terms (26) Municipality of government. The neighborhood, the city, or the county whose statutes determine whether advertisements are appropriate or not on this property must be established in this documentation. 22. Law of Government (27) State. Report the name of the state in which the rental property is physically located. 23. Notices (28)
Default Period. In a case where the Lessee has neglected to submit rent payment for a number of days, the Lessor will be entitled to assess a penalty amount.
Default Period. If the Tenant has breached this Lease in such a way thatIf he or she fails to comply with its contents and/or continues to live in the premises without any notification from his/her side, the landlord will have to take any action necessary to recover the money due. Before a landlord can take such steps, the local jurisdiction often requires him or her to notify the tenant of this status. The number of days the landlord will wait for the tenant to respond before proceeding to the next step should be documented. Residents (18) residents on the site. Specify the maximum number of residents who are allowed to live with the tenant on the premises during the term of this lease without requiring additional approval from the landlord. Serviceability and subleases (19) Subarens variant. Indicate whether Tenant will be permitted to sublease the Property to a third party (Sublease Tenant) and act as Lessor of the Property in a separate agreement with this Xxxxxx, or not approved by Landlord. It should be noted that all sublease agreements that the tenant wishes to enter into must be submitted to the landlord for approval in this agreement. Utility Services and Services (20) Responsibilities of Landlord. This document should resolve the issue of utilities and services payable for the maintenance of property or premises. To quickly determine who should pay for these items, a standard list of what the landlord can receive and financially maintain during the lease term was provided. Simply mark each item that the lessor will be responsible for. (21)
Default Period. Failure to comply with the minimum revenue covenant set forth in Section 6.7(a) of the Loan Agreement September 2014
Default Period. 45 Section 7.1 Default and Acceleration Notices . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45 Section 7.2 General Authority of the Security Agent over the Collateral . . . . . . . . . . . . . . . . . . 46 Section 7.3
Default Period. Section 7.1
