Customer Payment Default Sample Clauses
POPULAR SAMPLE Copied 7 times
Customer Payment Default. If Customer fails to pay to Supplier any sums due under this Agreement, and the failure continues for a period of fifteen (15) days after Customer’s receipt of a written notice of such failure, then in addition to Supplier’s rights at law or in equity, Supplier may suspend deliveries hereunder until such failure has been cured, and/or terminate this Agreement in its entirety.
Customer Payment Default. In the event Applicant fails for any reason to make payment to GTC on or before the due date as described above, and such failure of payment is not cured within the time period specified in Article 6.2.2, a default by Applicant shall be deemed to exist. In the event of a billing dispute between GTC and Applicant, GTC will continue to provide all services under this Agreement as long as Applicant tenders all payments in dispute to an independent escrow account in joint legal title of Applicant and GTC at a mutually agreed financial institution pending resolution of the dispute. The interest earned on the escrow account shall be the only interest paid by either Party on unpaid balances while the funds are in escrow.
Customer Payment Default. If (UCG) takes steps to enforce its rights in respect of a Transaction as a result of a default by Customer in the making of its first Monthly Payment following the funding of the Transaction or as a result of the discovery by (UCG) that any payment received prior to funding in respect of advance payments, security deposits or fees has been dishonored, then Referring Party will, promptly upon receipt of a request from (UCG), refund any fee paid to Referring Party in connection with the Transaction pursuant to Section 2 of this Agreement or otherwise.
Customer Payment Default. If SLIM takes steps to enforce its rights in respect of a Transaction as a result of a default by Customer in the making of its first Monthly Payment following the funding of the Transaction or as a result of the discovery by SLIM that any payment received prior to funding in respect of advance payments, security deposits or fees has been dishonored, then Referring Party will, promptly upon receipt of a request from SLIM, refund any fee paid to Referring Party in connection with the Transaction pursuant to Section 2 of this Agreement or otherwise.