Common use of Monetary Failure Clause in Contracts

Monetary Failure. If there is a failure with respect to the obligation of Company to pay money, then the Mortgagee shall have the right to remedy the failure until the date that is 30 days after the later of: (A) the expiration of the applicable notice and/or cure period under the Agreement; or (B) receipt of the Mortgagee Notice.

Monetary Failure. If there is a failure with respect to the obligation of Company to pay money, then the Mortgagee shall have the right to remedy the failure until the date that is 30 days after the later of: (Ai) the expiration of the applicable notice and/or cure period under the Agreement; or (Bii) receipt of the Mortgagee Notice.

Monetary Failure. If there is a failure with respect to the obligation of Company Developer to pay money, then the Mortgagee shall have the right to remedy the failure until the date that is 30 days after the later of: (Ai) the expiration of the applicable notice and/or cure period under the Agreement; or (Bii) receipt of the Mortgagee Notice.