Failure to Maintain Minimum Balance Sample Clauses

Failure to Maintain Minimum Balance. If Developer fails at any time, following a request from the Township to maintain the Minimum Balance, the parties agree that the Township Professionals and Staff will not be obligated to communicate or meet with the Developer or its representatives; and Developer waives any and all rights it may have under the M.P.C. or any decisional law pertinent thereto, relative to the ninety (90) day time limit for review imposed by Section 508 of the M.P.C. Any communications with the Township Professionals and Staff shall then resume at such time as the Escrow is replenished by Developer.
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Failure to Maintain Minimum Balance. If Applicant fails at any time, following a request from the Township to maintain the Minimum Balance, the parties agree that the Township will not be obligated to convene hearings, consult or meet with the Applicant or its representatives; and Applicant waives any and all rights it may have under the M.P.C. or any decisional law pertinent thereto, relative to any and all time limits for review and decision imposed by the M.P.C. Any hearings shall then resume at such time as the Escrow is replenished by Applicant.
Sample 1
Failure to Maintain Minimum Balance. If Appellant fails at any time, following a request from the Township to maintain the Minimum Balance, the parties agree that the Township and the Zoning Hearing Board will not be obligated to convene hearings, consult or meet with the Appellant or its representatives; and Appellant waives any and all rights it may have under the M.P.C. or any decisional law pertinent thereto, relative to any and all time limits for review and decision imposed by the M.P.C. Any hearings shall then resume at such time as the Escrow is replenished by Appellant.
Sample 1
Failure to Maintain Minimum Balance. If Owner fails at any time, following a request from the TOWNSHIP to maintain the Minimum Balance, the parties agree that the TOWNSHIP Professional Consultants and Staff will not be obligated to communicate or meet with the Owner or its representatives, and Owner waives any and all rights is may have under the M. P. C. or any decisional law pertinent thereto, relative to any time limit for review imposed by the M.P.C. All communication with the TOWNSHIP Professional Consultants and Staff shall then resume at such time as the Escrow is replenished by the Owner.
Sample 1

Related to Failure to Maintain Minimum Balance

  • Failure to Maintain Insurance Failure on the part of the Consultant to maintain the insurance as required shall constitute a material breach of contract, upon which the City may, after giving five business days notice to the Consultant to correct the breach, immediately terminate the Agreement or, at its discretion, procure or renew such insurance and pay any and all premiums in connection therewith, with any sums so expended to be repaid to the City on demand, or at the sole discretion of the City, offset against funds due the Consultant from the City.

  • Minimum Balance Merchant agrees to maintain a minimum balance of funds in the Settlement Account as Bank may specify to Merchant in writing from time to time.

  • Coverage Minimum Limits Commercial General Liability $1,000,000 per occurrence $2,000,000 aggregate Automobile Liability including coverage for owned, non-owned and hired vehicles $1,000,000 per occurrence

  • Failure to Maintain Coverage Failure by the Contractor to maintain the required insurance, or to provide evidence of insurance coverage acceptable to the County, shall constitute a material breach of the Contract upon which the County may immediately terminate or suspend this Contract. The County, at its sole option, may obtain damages from the Contractor resulting from said breach. Alternatively, the County may purchase such required insurance coverage, and without further notice to the Contractor, the County may deduct from sums due to the Contractor any premium costs advanced by the County for such insurance.

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