Common use of Notice of Delayed Payment Clause in Contracts

Notice of Delayed Payment. In the event that any Party owing payment of any amount to the other Party under the terms of this Agreement, defaults in making such payments as per terms of the Agreement, the Party not in default shall give a notice in writing to the defaulting Party and the matter shall thereafter be dealt with in terms of Clause 13.2 and Clause 14.

Notice of Delayed Payment. In the event that any Party owing payment of any amount to the other Party under the terms of this Agreement, defaults in making such payments as per terms of the Agreement, the Party not in default shall give a notice in writing to the defaulting Defaulting Party and the matter shall thereafter be dealt with in terms of Clause 13.2 1 4 .2 and Clause 1415.

Notice of Delayed Payment. In the event that any Party owing payment of any amount to the other Party under the terms of this Agreement, defaults in making such payments as per terms of the Agreement, the Party not in default shall give a notice in writing to the defaulting Defaulting Party and the matter shall thereafter be dealt with in terms of Clause 13.2 1 4 . 2 and Clause 1415.