Common use of Monetary Clause in Contracts

Monetary. Borrower or Trustor shall fail to (aa) pay when due any sums which by their express terms require immediate payment without any grace period or sums which are payable on the Maturity Date, or (bb) pay within 5 days when due any other sums payable under the Note, this Deed of Trust or any of the other Loan Documents, including without limitation, any monthly payment due under the Note.

Appears in 4 contracts

Samples: Security Agreement (KBS Real Estate Investment Trust, Inc.), Leases and Security Agreement (Protein Design Labs Inc/De), Leases and Security Agreement (Inland Western Retail Real Estate Trust Inc)

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Monetary. Borrower or Trustor shall fail to (aa) pay when due any sums which by their express terms require immediate payment without any grace period or sums which are payable on the Maturity Date, or (bb) pay within 5 days when due any other sums payable under the Note, this Deed of Trust Agreement or any of the other Loan Documents, including without limitation, any monthly payment due under the Note.

Appears in 3 contracts

Samples: Mezzanine Loan Agreement, Mezzanine Loan Agreement (KBS Real Estate Investment Trust, Inc.), Mezzanine Loan Agreement (KBS Real Estate Investment Trust II, Inc.)

Monetary. Borrower or Trustor shall fail to (aa) pay when due any sums payable under the Loan Documents which by their express terms require immediate payment without any grace period or sums which are payable on the Maturity Date, or (bb) pay within 5 days when due any other sums payable under the Note, this Deed of Trust or any of the other Loan Documents, including without limitation, any monthly payment due under the Note.

Appears in 1 contract

Samples: Leases and Security Agreement (Manufactured Home Communities Inc)

Monetary. Borrower or Trustor shall fail to (aa) pay when due any sums which by their the express terms of this Agreement and the other Loan Documents require immediate payment without any grace period or sums which are payable on the Maturity Date, or (bb) pay within 5 ten (10) days when due after written notice from Lender any other sums payable under the Note, this Deed of Trust Agreement or any of the other Loan Documents, excluding, with respect to (aa) or (bb) any monthly principal or interest due under the Note set forth in Section 10.1(b)(i) below, including without limitation, any monthly payment due under the Note.

Appears in 1 contract

Samples: Loan Agreement (Bloomin' Brands, Inc.)

Monetary. Borrower or Trustor shall fail to (aa) pay when due any sums payable under the Loan Documents which by their express terms require immediate payment without any grace period or sums which are payable on the Maturity Date, or (bb) pay within 5 days when due any other sums payable under the Note, this Deed of Trust or any of the other Loan Documents, including including, without limitation, any monthly payment due under the Note.

Appears in 1 contract

Samples: Leases and Security Agreement (Manufactured Home Communities Inc)

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Monetary. Borrower or Trustor Mortgagor shall fail to (aa) pay when due any sums which by their express terms require immediate payment without any grace period or sums which are payable on the Maturity Date, or (bb) pay within 5 days when due any other sums payable under the Note, this Deed of Trust Mortgage or any of the other Loan Documents, including without limitation, any monthly payment due under the Note.

Appears in 1 contract

Samples: Security Agreement (KBS Real Estate Investment Trust, Inc.)

Monetary. Borrower or Trustor Mortgagor shall fail to (aa) pay when due any sums payable under the Loan Documents which by their express terms require immediate payment without any grace period or sums which are payable on the Maturity Date, or (bb) pay within 5 days when due any other sums payable under the Note, this Deed of Trust Mortgage or any of the other Loan Documents, including including, without limitation, any monthly payment due under the Note.

Appears in 1 contract

Samples: Leases and Security Agreement (Manufactured Home Communities Inc)

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