Arrears Sample Clauses

Arrears. The CONTRACTOR shall not pledge the COUNTY’S credit or make it a guarantor of payment or surety for any contract, debt, obligation, judgment, lien, or any form of indebtedness. The CONTRACTOR further warrants and represents that it has no obligation or indebtedness that would impair its ability to fulfill the terms of this Contract.
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Arrears. 8.1 In the event that your loan account goes into arrears we reserve the right to apply the standard variable loan rate to the balance outstanding. 8.2 The loan and any interest relating to the loan is immediately repayable in the event of your bankruptcy, death or contractual incapacity.
Arrears. The Union will notify the Company in writing of any arrears in dues for any reason or any arrears in Initiation or Re-Initiation fees and the Company will immediately commence deductions in amounts prescribed by the Local Union in such written notice and forward such monies to the Local Union along with the monthly dues as provided for above. Such notice of arrears served on the Company shall prescribe payroll deductions of not more than the equivalent of one month's dues at the appropriate Local Union's rate.
Arrears. The Parties hereby agree that if the Rent or any other sum due under this Lease shall remain unpaid for a period of Twenty one (21) days from the due date of payment and whether formally demanded or not, the Lessor, her agents or representatives shall without prejudice to any right of re-entry or distress conferred by law or by this Lease, immediately upon expiry of the Twenty One days and without further notice to the Lessee exercise her right of re-entry into the Premises. Nothing in the preceding clause shall entitle the Lessee to withhold or deny any payment of the Rent or other sum due under this Lease after the date upon which they fall due or in any way prejudice affect or derogate from the rights of the Lessor in relation to such non-payment (but without prejudice to the generality of the above) under the proviso for re-entry contained in this Lease.
Arrears. The CONSULTANT shall not pledge the CITY'S credit or make it a guarantor of payment or surety for any contract, debt, obligation, judgment, lien, or any form of indebtedness. The CONSULTANT further warrants and represents that it has no obligation or indebtedness that would impair its ability to fulfill the terms of this Contract.
Arrears. Fiscal Year will be assumed to cover a 12 month period from date billed, and taxes will be prorated to the date of closing. Fiscal year tax levies will be estimated, if necessary, using the taxable value and millage rate(s) in effect on the day of closing, broken down to a per diem tax payment and prorated to the date of closing with Seller paying through the day before closing. Exceptions:
Arrears. The aggregate Current Balance of the Mortgage Loans in the Mortgages Trust will be increased at any time by the amount in which the Mortgage Loans that have been assigned to the Mortgages Trust are in arrears and those arrears have been capitalised. Such increase shall be allocated to the Beneficiaries at any time in proportion to their respective percentage shares in the Trust Property as determined in respect of the Trust Calculation Period or Interim Calculation Period, as the case may be, in which the arrears occur.
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Arrears. The Contractor shall not pledge the University’s credit or make it a guarantor of payment or surety for any contract, debt, obligation, judgment, lien, or any form of indebtedness. The Contractor further warrants and represents that it has no obligation or indebtedness that would impair its ability to fulfill the terms of this Agreement.
Arrears. Should the employee have insufficient earnings to cover the required payroll deduction, the employee will be notified that he/she is required to provide post-dated cheques for the monthly premiums remaining in the calendar year, including premiums missed to date.
Arrears. 14.1 Any amounts in arrear in terms of this contract shall bear interest at the rate equal to 2 (two) percentage points above the minimum overdraft rate from time to time published by the Standard Bank of South Africa Limited as being its minimum overdraft rate to its prime customers in the private sector, which interest shall be calculated monthly in advance from the date that such amount became due to the date of payment, both days inclusive. 14.2 A certificate by any branch manager of the said bank as to such minimum overdraft rate from time to time shall be prima facie proof of such rate.
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