Notice of Demand Sample Clauses

Notice of Demand. Upon default in the performance of any of the obligations of the Company guaranteed hereunder, the State or its duly authorized attorney may give written notice to the Guarantor at its principle office in [insert jurisdiction] of the amount due, and the Guarantor, within a period of ten (10) Business Days, will make, or cause to be made, payment of such amount as notified, in Dollars, at such bank or other place in [insert jurisdiction] as the State shall designate and without set-off or reduction whatsoever of such payment in respect of any claim the Parent Company or the Company may then have or thereafter might have.
AutoNDA by SimpleDocs
Notice of Demand. For arbitration under the prime contract, notice of the demand for arbitration shall be filed in writing with the other party to this Agreement and shall conform to the requirements of the arbitration provision set forth in the prime contract. For claims not involving the acts, omissions or otherwise the responsibility of the Owner under the prime contract, the parties hereto shall submit any and all disputes arising under or relating to the terms and conditions of the Subcontract to arbitration in accordance with the Construction Industry Rules of the American Arbitration Association. In either case, the demand for arbitration shall be made within a reasonable time after written notice of the claim, dispute or other matter in question has been given, and in no event shall it be made after the date when institution of legal or equitable proceedings based on such claim dispute or other matter in question would be barred by the applicable statute of limitations.
Notice of Demand. Notice of the demand for arbitration shall be filed in writing with the other party to this Agreement and shall conform to the requirements of the arbitration provision set forth in the prime contract. The demand for arbitration shall be made within a reasonable time after written notice of the claim, dispute or other matter in question has been given, and in no event shall it be made after the date when institution of legal or equitable proceedings based on such claim, dispute or other matter in question would be barred by the applicable statute of limitations.
Notice of Demand. Notice of demand for arbitration shall be filed in writing with the American Arbitration Association and the other party to the Master Subcontract Agreement for a Particular Project. Demand form shall be that provided by American Arbitration Association. The demand for arbitration shall be made within a reasonable time after written notice of the claim, dispute or other matter in question has been given, and in no event shall it be made after the date when institution of legal or equitable proceedings based on such claim, dispute or other matter in question would be barred by the applicable statute of limitations.
Notice of Demand. A written demand for arbitration shall be filed with the American Arbitration Association and the other party to this Agreement within a reasonable time after the dispute or claim has arisen, but in not event after the applicable statute of limitations for a legal or equitable proceeding would have run.
Notice of Demand. Either party may demand arbitration by ---------------- notifying the other party in writing in accordance with the notice provisions of Section 9. The notice shall describe the reasons for such demand, the amount involved, if any, and the particular remedy sought. The notice shall also list the name of one arbitrator qualified in accordance with subsection (d).
Notice of Demand. No later than three (3) business days after the Initial Meeting, the complaining party may file a notice of demand for arbitration (the “Notice of Demand”) with the Regional Office of the American Arbitration Association (the “AAA”) nearest to the location of the Property and simultaneously give notice of such filing with a copy of the Notice of Demand to the other party. The Notice of Demand shall set forth the nature of the Disbursement Claim including the relief sought and the amount at issue.
AutoNDA by SimpleDocs
Notice of Demand. 14.1. Any demand for payment of monies or any other demand or notice under this Agreement may be issued by the Manager, Accountant, Legal Officer or by any person or firm appointed by the Bank to the Borrower and/or Guarantor, as the case may be. 14.2. Any notice or demand shall be sent by post or delivered to the last known address of the Borrower and/or the Guarantor. A notice or demand so given or made shall be deemed to be given on the day it was delivered at the last known address or the day following that day on which it was posted, as the case may be, whether or not it was actually received by the Borrower and/or Guarantor.
Notice of Demand. Upon default in the performance of any of the obligations of the Company guaranteed hereunder, and provided that the State has communicated to the Company such default and the latter has not remedied or taken the necessary steps to remedy such default within a reasonable period of time, the State or its duly authorized attorney may give written notice to the Guarantor at its principal office in [INSERT JURISDICTION] of the amount due, and the Guarantor, within a period of ten (10) business days, will make, or cause to be made, payment of such amount as notified, in United States dollars, at such bank or other place in [insert jurisdiction] as the State shall designate and without set-off or reduction whatsoever of such payment in respect of any claim the Guarantor or the Company may then have or thereafter might have.
Notice of Demand. 4.1 Any demand for payment or any other demand or notice under this Guarantee and Indemnity, shall be deemed to be sufficiently served on the Guarantors by the Bank and/or any persons acting as solicitors for the Bank, if such demand for payment or any other demand or notice under this Guarantee and Indemnity, is left at the usual or last known address of the Guarantors in accordance with the records kept by the Bank, or at the address stated in Section 2 of the Schedule, or sent by ordinary mail to any of such addresses. Proof of posting or despatch to the Guarantors of any such demand for payment or any other demand or notice under this Guarantee and Indemnity shall be deemed to be proof of receipt by the Guarantors:- (a) if it is personally delivered, at the time of delivery; (b) in the case of a letter, on the second (2nd) day after posting; (c) in the case of a telex or cable, on the day following the date of despatch; (d) in the case of facsimile, immediately after transmission, provided that the sender has received an answer back confirmation. No change in the address for service of the Guarantors howsoever brought about shall be effective or binding on the Bank unless actual notice in writing of such change has been received by the Bank. 4.2 Alternatively the Customer(s) shall accept the demand for payment or any other demand or notice under this Guarantee and Indemnity from the Bank, on behalf of the Guarantors, and Clause 4.1 above shall apply to the Customer(s) in like manner, except that the word “Customer(s)” shall be substituted for the word “Guarantors”, and that the address for service of the Customer(s) shall be as stipulated in the Facility Agreement. 4.3 The Guarantors agree that upon any demand for payment being made pursuant to Clause 4.1 or 4.2 herein, the Guarantors shall make payment of the sum demanded within seven (7) days of the date of the notice of demand, and further agree that in the event that the Guarantors fail to make payment within the said period, the Bank shall be entitled to enforce all its legal rights and remedies and may take all such action as it may deem fit to recover the outstanding sum due to the Bank.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!