Common use of Monetary Clause in Contracts

Monetary. Borrower’s failure to pay within 5 days when due any sums payable under the Note or any of the other Loan Documents or Borrower’s failure to deposit any funds as and when required under this Agreement; or

Appears in 5 contracts

Sources: Loan Agreement (AAC Holdings, Inc.), Loan Agreement (AAC Holdings, Inc.), Loan Agreement (AAC Holdings, Inc.)

Monetary. Borrower’s failure to pay within 5 five (5) days when after due any sums payable under the Note or any of the other Loan Documents or Borrower’s failure to deposit any funds Borrower’s Funds as and when required under this Agreement; or

Appears in 2 contracts

Sources: Building Loan Agreement, Building Loan Agreement (Thomas Properties Group Inc)

Monetary. Borrower’s failure to pay within 5 five (5) days when due any sums payable under the Note or any of the other Loan Documents or Borrower’s failure to deposit any funds Borrower’s Funds as and when required under this Agreement; or

Appears in 2 contracts

Sources: Building Loan Agreement (AAC Holdings, Inc.), Building Loan Agreement (AAC Holdings, Inc.)

Monetary. Borrower’s failure to pay within 5 days when following the due date thereof any sums payable under the Note or any of the other Loan Documents or Borrower’s failure to deposit any funds Borrower’s Funds as and when required under this Agreement; or

Appears in 2 contracts

Sources: Building Loan Agreement, Building Loan Agreement (Global Growth Trust, Inc.)

Monetary. Borrower’s 's failure to pay within 5 days when due any sums payable under the Note or any of the other Loan Documents or Borrower’s 's failure to deposit any funds Borrower's Funds as and when required under this AgreementAgreement and such failure continues uncured for a period of five (5) days after the payment became due; or

Appears in 1 contract

Sources: Loan Agreement (Hines Global Reit Ii, Inc.)

Monetary. Borrower’s failure to pay within 5 days when due any sums payable under the Note Notes or any of the other Loan Documents or Borrower’s and/or Owner’s failure to deposit any funds Borrower’s Funds as and when required under this Agreement; provided, however, Borrower shall have a grace period of five (5) days after the date when due within which to cure such failure; or

Appears in 1 contract

Sources: Revolving Loan Agreement (Columbia Equity Trust, Inc.)