Delinquency and Default Sample Clauses

Delinquency and Default. If you fail to make any payment when due in the manner required by this Agreement, you will be delinquent. If you are delinquent, have filed or have instituted against you bankruptcy or insolvency proceedings or are in breach any o ther material term of this Agreement, we may, to the extent and at the time permitted by applicable law, deem you in default and accelerate the maturity of this Agreement and all payments due hereunder. If you fail to make a paymen t required under this Agreement, we reserve the right to limit, restrict, suspend or terminate your access to your Strai ght Trays account.
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Delinquency and Default. I agree to pay the costs you incur to collect this note in the event of my default, including your attorney fees. _X_ LATE CHARGE: IF CHECKED I AGREE TO PAY A LATE CHARGE EQUAL TO 5.00% OF THE FULL AMOUNT OF THE SCHEDULED PAYMENT MADE MORE THAN 15 DAYS AFTER IT IS DUE, WITH A MINIMUM OF $5.00, UP TO A MAXIMUM OF $50.00.
Delinquency and Default. I agree to pay the costs you incur to collect this note in the event of my default, including your attorney fees. IF MY PAYMENT IS MORE THAN 15 DAYS LATE, I WILL PAY A LATE CHARGE EQUAL TO 5.000% OF THE PAYMENT AMOUNT UP TO $250.00. o Additional Charges: In addition to interest, I o have paid o agree to pay the following additional charges. Payments: I agree to pay this note as follows: THIS NOTE IS DUE ON DEMAND, IF NO DEMAND THEN: Principal and interest are due and payable in 365 days on August 30, 2007.
Delinquency and Default. (a) Subject to Section 3.01(g), in the event that any Mortgage Loan is in Early Stage Delinquency, Early Stage Default or Advanced Default, the Servicer shall proceed according to the Delegated Authority Guidelines. If the portion of any Liquidation Proceeds allocable as a recovery of interest on any Mortgage Loan is less than the full amount of accrued and unpaid interest on such Mortgage Loan as of the date such proceeds are received, then the applicable Servicing Fees with respect to such Mortgage Loan shall be paid first and any amounts remaining thereafter shall be deposited into the Servicer Custodial Account.
Delinquency and Default. (a) Subject to Section 3.01(f), in the event that any Mortgage Loan is in Default, Early Stage Delinquency, Early Stage Default or Advanced Default, the Servicer shall proceed according to the Delegated Authority Guidelines.
Delinquency and Default. 3.06 In the event, Lessee fails to remit to Authority, in cash, the advance annual rental (or advance monthly installments equal to one-twelfth (1/12) of the annual rental) more than 30 days beyond the due date, Lessee shall be deemed in default of this lease and agreement.
Delinquency and Default. (a) In the event of any default or breach by Licensee of the terms or conditions of this Agreement, Library shall have all rights and remedies available to it at law or in equity, in addition to those rights and remedies specifically set forth in this Agreement. All rights and remedies of Library enumerated in this Agreement shall be cumulative, and none shall exclude any other rights or remedies available at law or in equity.
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Delinquency and Default. If Customer fails to make any payment when due, Xxxxxxxx may suspend or discontinue service, terminate the agreement and/or recover all damages to which Xxxxxxxx is entitled including, without limitation, the value of the work and services performed and any collection or attorney fees incurred by Xxxxxxxx. In addition, Xxxxxxxx may impose a late charge of 1.5% per month on all payments more than thirty (30) days past due. REQUIRED INFORMATION FOR INITIATION OF SERVICES SELECTEDCUSTOMER INFORMATION FORM” BILLING & CONTACT INFORMATION Billing Name & Address: ☐ Same as Above Xxxxxxxxx Coun ty 000 X. Xxxxx Xx. Xxxxx 000 Attn: AP Department Seguin, TX 78155 Billing Requirements: ☐✔ Paid Upon Invoice ☐ PO Required ☐ Credit Card Payment ☐✔ *Tax Exempt *If marked, must provide copy of certificate Contact Person Authorizing Agreement Name Xxxx Xxxxxxxx Title County Judge Phone# 000-000-0000 X 0000 Email xxxxxxx@xx.xxxxxxxxx.tx.us Facility Contact Name Xxxxx Xxxxxxx Title Building Maintenance Director Phone# 000-000-0000 - C 000-000-0000 X 0000 Email Xxxxxx@xx.xxxxxxxxx.xx.xx Scheduling Contact Name Xxxxx Xxxxxxx Title Building Maintenance Director IT Director Phone# 000-000-0000 - C 000-000-0000 X0000=R/X1295 Email Xxxxxx@xx.xxxxxxxxx.tx.us XxxxX@xx.xxxxxxxxx.tx.us Billing Contact Name Xxxxxxx Xxxxx Title County Auditor Phone# 000-000-0000 Email xxxxx@xx.xxxxxxxxx.tx.us PLEASE COMPLETE THE FOLLOWING SECTION FOR EMERGENCY CONTACT INFORMATION: This information is MANDATORY for contacting the building owner or point of contact in the event of an alarm, or if a trouble or supervisory signal is transmitted to the monitoring station. Responding Agency (i.e.: SA Fire Dept) Seguin TX Dispatch Responding Agency Phone# GLOBAL Primary Contact Person (1st call) Xxxxx Xxxxxxx Primary Contact Phone # 000-000-0000 Secondary Contact Person Xxxx Xxxxxxxx Secondary Contact Phone # 000-000-0000 Alternate Contact Person(s) Xxxxx Xxxxxx Alternate Contact Phone # 000-000-0000 Alternate Contact Person(s) Alternate Contact Phone # Alternate Contact Person(s) Alternate Contact Phone # Alarm Monitoring Special Instructions for Notification “ALARM” = Call responding agency, primary contact and secondary contact ALRM = Alarm Condition on FACP “SUPV” = Call Primary and Secondary contact SUPV = Supervisory Condition on FACP “RST/TRBL” = Call Primary contact and send work order to Xxxxxxxx RST = Restoral of Previous Condition “SYS” = Call Primary contact & send work order to Xxxxxxxx SYS = DAC...

Related to Delinquency and Default

  • BANKRUPTCY AND DEFAULT The commencement of a bankruptcy action or liquidation action or reorganization action or insolvency action or an assignment of or by Tenant for the benefit of creditors, or any similar action undertaken by Tenant, or the insolvency of Tenant, shall, at Landlord's option, constitute a breach of this Lease by Tenant. If the trustee or receiver appointed to serve during a bankruptcy, liquidation, reorganization, insolvency or similar action elects to reject Tenant's unexpired Lease, the trustee or receiver shall notify Landlord in writing of its election within thirty (30) days after an order for relief in a liquidation action or within thirty (30) days after the commencement of any action. Within thirty (30) days after court approval of the assumption of this Lease, the trustee or receiver shall cure (or provide adequate assurance to the reasonable satisfaction of Landlord that the trustee or receiver shall cure) any and all previous defaults under the unexpired Lease and shall compensate Landlord for all actual pecuniary loss and shall provide adequate assurance of future performance under said Lease to the reasonable satisfaction of Landlord. Adequate assurance of future performance, as used herein, includes, but shall not be limited to: (i) assurance of source and payment of rent, and other consideration due under this Lease; (ii) assurance that the assumption or assignment of this Lease will not breach substantially any provision, such as radius, location, use, or exclusivity provision, in any agreement relating to the above described Premises. Nothing contained in this section shall affect the existing right of Landlord to refuse to accept an assignment upon commencement of or in connection with a bankruptcy, liquidation, reorganization or insolvency action or an assignment of Tenant for the benefit of creditors or other similar act. Nothing contained in this Lease shall be construed as giving or granting or creating an equity in the demised Premises to Tenant. In no event shall the leasehold estate under this Lease, or any interest therein, be assigned by voluntary or involuntary bankruptcy proceeding without the prior written consent of Landlord. In no event shall this Lease or any rights or privileges hereunder be an asset of Tenant under any bankruptcy, insolvency or reorganization proceedings. The failure to perform or honor any covenant, condition or representation made under this Lease shall constitute a default hereunder by Tenant upon expiration of the appropriate grace period hereinafter provided. Tenant shall have a period of five (5) days from the date of written notice from Landlord within which to cure any default in the payment of rental or adjustment thereto. Tenant shall have a period of thirty (30) days from the date of written notice from Landlord within which to cure any other default under this Lease; provided, however, that if the nature of Tenant's failure is such that more than thirty (30) days is reasonably required to cure the same, Tenant shall not be in default so long as Tenant commences performance within such thirty (30) day period and thereafter prosecutes the same to completion. Upon an uncured default of this Lease by Tenant, Landlord shall have the following rights and remedies in addition to any other rights or remedies available to Landlord at law or in equity:

  • Answer and Default An answer and any counterclaims to the Arbitration Notice shall be required to be delivered to the party initiating the Arbitration within twenty (20) calendar days after the Arbitration Commencement Date. If an answer is not delivered by the required deadline, the arbitrator must provide written notice to the defaulting party stating that the arbitrator will enter a default award against such party if such party does not file an answer within five (5) calendar days of receipt of such notice. If an answer is not filed within the five (5) day extension period, the arbitrator must render a default award, consistent with the relief requested in the Arbitration Notice, against a party that fails to submit an answer within such time period.

  • Lease Events of Default The following events shall constitute Lease Events of Default hereunder (whether any such event shall be voluntary or involuntary or come about or be effected by operation of law or pursuant to or in compliance with any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body) and each such Lease Event of Default shall be deemed to exist and continue so long as, but only as long as, it shall not have been remedied:

  • Payments After Event of Default Except as otherwise provided in Section 3.04 hereof, all payments received and amounts held or realized by the Mortgagee (including any amounts realized by the Mortgagee from the exercise of any remedies pursuant to Section 15 of the Lease or Article IV hereof) after an Event of Default shall have occurred and be continuing and after the declaration specified in Section 4.04(b) hereof, as well as all payments or amounts then held by the Mortgagee as part of the Trust Indenture Estate, shall be promptly distributed by the Mortgagee in the following order of priority: First,so much of such payments or amounts as shall be required to (i) reimburse the Mortgagee or WTC for any tax (except to the extent resulting from a failure of the Mortgagee to withhold taxes pursuant to Section 2.04(b) hereof), expense or other loss (including, without limitation, all amounts to be expended at the expense of, or charged upon the rents, revenues, issues, products and profits of, the property included in the Trust Indenture Estate (all such property being herein called the “Mortgaged Property”) pursuant to Section 4.05(b) hereof) incurred by the Mortgagee or WTC (to the extent not previously reimbursed), the expenses of any sale, or other proceeding, reasonable attorneys’ fees and expenses, court costs, and any other expenditures incurred or expenditures or advances made by the Mortgagee, WTC or the Note Holders in the protection, exercise or enforcement of any right, power or remedy or any damages sustained by the Mortgagee, WTC or any Note Holder, liquidated or otherwise, upon such Event of Default shall be applied by the Mortgagee as between itself, WTC and the Note Holders in reimbursement of such expenses and any other expenses for which the Mortgagee, WTC or the Note Holders are entitled to reimbursement under any Operative Agreement and (ii) all amounts payable to the other Indenture Indemnitees hereunder and under the Participation Agreement and the Lease; and in the case the aggregate amount to be so distributed is insufficient to pay as aforesaid in clauses (i) and (ii), then ratably, without priority of one over the other, in proportion to the amounts owed each hereunder; Second,so much of such payments or amounts remaining as shall be required to reimburse the then existing or prior Note Holders for payments made pursuant to Section 5.03 hereof (to the extent not previously reimbursed) shall be distributed to such then existing or prior Note Holders ratably, without priority of one over the other, in accordance with the amount of the payment or payments made by each such then existing or prior Note Holder pursuant to said Section 5.03 hereof; Third,(i) so much of such payments or amounts remaining as shall be required to pay in full the aggregate unpaid Original Amount of all Series A Equipment Notes, and the accrued but unpaid interest and other amounts due thereon (other than Make-Whole Amount which shall not be due and payable) and all other Secured Obligations in respect of the Series A Equipment Notes (other than Make-Whole Amount) to the date of distribution, shall be distributed to the Note Holders of Series A, and in case the aggregate amount so to be distributed shall be insufficient to pay in full as aforesaid, then ratably, without priority of one over the other, in the proportion that the aggregate unpaid Original Amount of all Series A Equipment Notes held by each holder plus the accrued but unpaid interest and other amounts due hereunder or thereunder (other than Make-Whole Amount, if any) to the date of distribution, bears to the aggregate unpaid Original Amount of all Series A Equipment Notes held by all such holders plus the accrued but unpaid interest and other amounts due thereon (other than Make-Whole Amount) to the date of distribution;

  • Termination and Default Either party, upon determination that the other party has failed or refused to perform or is otherwise in breach of any obligation or provision under this Agreement or the Contract Document, may give written notice of default to the defaulting party in the manner specified for the giving of notices herein. Termination of this Agreement by either party for any reason shall have no effect upon the rights or duties accruing to the parties prior to termination.

  • No Default, etc No Default, Event of Default or Material Adverse Change has occurred and is continuing.

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