Common use of Notice of Nonpayment Clause in Contracts

Notice of Nonpayment. If a payment for bodily injury or property damage is made under section 4 of the Trust Fund, the Trustee shall notify the Grantor of such payment and the amount(s) thereof within 5 working days. Following such notice the Grantor shall, on or before the anniversary date of the establishment of the Trust Fund, either make payments to the Trustee in amounts sufficient to cause the Trust Fund to return to its value immediately prior to the payment of claims under section 4, or shall provide written proof to the Trustee that other financial assurance for liability coverage has been obtained equaling the amount necessary to return the Trust Fund to its value prior to the payment of claims. If the Grantor does not either make payments to the Trustee or provide the Trustee with such proof, the Trustee shall, within 10 working days after the anniversary date of the establishment of the Trust Fund, provide written notice of nonpayment to the Director.

Notice of Nonpayment. If a payment for bodily injury or property damage is made under section Section 4 of the Trust Fundthis trust, the Trustee shall notify the Grantor of such payment and the amount(s) thereof within 5 five working days. Following such notice the The Grantor shall, on or before the anniversary date of the establishment of the Trust FundFund after such notice, either make payments to the Trustee in amounts sufficient to cause the Trust Fund trust to return to its value immediately prior to the payment of claims under section Section 4, or shall provide written proof to the Trustee that other financial assurance for liability coverage has been obtained equaling the amount necessary to return the Trust Fund trust to its value prior to the payment of claims. If the Grantor does not either make payments to the Trustee or provide the Trustee with such proof, the Trustee shall, shall within 10 ten working days after the anniversary date of the establishment of the Trust Fund, Fund provide a written notice of nonpayment to the Directordirector.

Notice of Nonpayment. If a payment for bodily injury or property damage is made under section Section 4 of the Trust Fundthis trust, the Trustee shall notify the Grantor of such payment and the amount(s) thereof within 5 five working days. Following such notice the The Grantor shall, shall on or before the anniversary date of the establishment of the Trust FundFund following such notice, either make payments to the Trustee in amounts sufficient to cause the Trust Fund trust to return to its value immediately prior to the payment of claims under section Section 4, or shall provide written proof to the Trustee that other financial assurance for liability coverage has been obtained equaling equalling the amount necessary to return the Trust Fund trust to its value prior to the payment of claims. If the Grantor does not either make payments to the Trustee or provide the Trustee with such proof, the Trustee shall, shall within 10 ten working days after the anniversary date of the establishment of the Trust Fund, Fund provide a written notice of nonpayment to the Directordirector.

Notice of Nonpayment. If a payment for bodily injury or property damage is made under section Section 4 of the Trust Fundthis trust, the Trustee shall notify the Grantor of such payment and the amount(s) thereof within 5 five working days. Following such notice the The Grantor shall, on or before the anniversary date of the establishment of the Trust FundFund following such notice, either make payments to the Trustee in amounts sufficient to cause the Trust Fund trust to return to its value immediately prior to the payment of claims under section Section 4, or shall provide written proof to the Trustee that other financial assurance for liability coverage has been obtained equaling the amount necessary to return the Trust Fund trust to its value prior to the payment of claims. If the Grantor does not either make payments to the Trustee or provide the Trustee with such proof, the Trustee shall, shall within 10 working days after the anniversary date of the establishment of the Trust Fund, Fund provide a written notice of nonpayment to the Directoradministrative authority.

Notice of Nonpayment. If a payment for bodily injury or property damage is made under section Section 4 of the Trust Fundthis trust, the Trustee shall notify the Grantor of such payment and the amount(s) thereof within 5 five (5) working days. Following such notice the The Grantor shall, on or before the anniversary date of the establishment of the Trust FundFund following such notice, either make payments to the Trustee in amounts sufficient to cause the Trust Fund trust to return to its value immediately prior to the payment of claims under section Section 4, or shall provide written proof to the Trustee that other financial assurance for liability coverage has been obtained equaling the amount necessary to return the Trust Fund trust to its value prior to the payment of claims. If the Grantor does not either make payments to the Trustee or provide the Trustee with such proof, the Trustee shall, shall within 10 working days after the anniversary date of the establishment of the Trust Fund, Fund provide a written notice of nonpayment to the DirectorCommissioner of the NJDEP.

Notice of Nonpayment. If a payment for bodily injury or property damage is made under section Section 4 of the Trust Fundthis Trust, the Trustee shall notify the Grantor of such payment and the amount(s) thereof within 5 five (5) working days. Following such notice the The Grantor shall, on or before the anniversary date of the establishment of the Trust FundFund following such notice, either make payments to the Trustee in amounts sufficient to cause the Trust Fund to return to its value immediately prior to the payment of claims under section Section 4, or shall provide written proof to the Trustee that other financial assurance for liability coverage has been obtained equaling the amount necessary to return the Trust Fund to its value prior to the payment of claims. If the Grantor does not either make payments to the Trustee or provide the Trustee with such proof, the Trustee shall, shall within 10 working days after the anniversary date of the establishment of the Trust Fund, Fund provide a written notice of nonpayment to the DirectorBeneficiary.

Notice of Nonpayment. If a payment for bodily injury or property damage is made under section Section 4 of the Trust Fundthis trust, the Trustee shall notify the Grantor of such payment and the amount(s) thereof within 5 five (5) working days. Following such notice the The Grantor shall, on or before the anniversary date of the establishment of the Trust FundFund following such notice, either make payments to the Trustee in amounts sufficient to cause the Trust Fund trust to return to its value immediately prior to the payment of claims under section Section 4, or shall provide written proof to the Trustee that other financial assurance for liability coverage has been obtained equaling equalling the amount necessary to return the Trust Fund trust to its value prior to the payment of claims. If the Grantor does not either make payments to the Trustee or provide the Trustee with such proof, the Trustee shall, shall within 10 working days after the anniversary date of the establishment of the Trust Fund, Fund provide a written notice of nonpayment to the DirectorCOMMISSIONER.

Notice of Nonpayment. If a payment for bodily injury or property damage is made under section Section 4 of the Trust Fundthis trust, the Trustee shall notify the Grantor of such payment and the amount(s) thereof within 5 five (5) working days. Following such notice the The Grantor shall, on or before the anniversary date of the establishment of the Trust FundFund following such notice, either make payments to the Trustee in amounts sufficient to cause the Trust Fund trust to return to its value immediately prior to the payment of claims under section Section 4, or shall provide written proof to the Trustee that other financial assurance for liability coverage has been obtained equaling the amount necessary to return the Trust Fund trust to its value prior to the payment of claims. If the Grantor does not either make payments to the Trustee or provide the Trustee with such proof, the Trustee shall, shall within 10 working days after the anniversary date of the establishment of the Trust Fund, Fund provide a written notice of nonpayment to the DirectorFDEP Secretary.

Notice of Nonpayment. If a payment for bodily injury or property damage is made under section Section 4 of the Trust Fundthis trust, the Trustee shall notify the Grantor of such payment and the amount(s) thereof within 5 five (5) working days. Following such notice the The Grantor shall, on or before the anniversary date of the establishment of the Trust FundFund following such notice, either make payments to the Trustee in amounts sufficient to cause the Trust Fund trust to return to its value immediately prior to the payment of claims under section Section 4, or shall provide written proof to the Trustee that other financial assurance for liability coverage has been obtained equaling the amount necessary to return the Trust Fund trust to its value prior to the payment of claims. If the Grantor does not either make payments to the Trustee or provide the Trustee with such proof, the Trustee shall, shall within 10 working days after the anniversary date of the establishment of the Trust Fund, Fund provide a written notice of nonpayment to the EPD Director.

Notice of Nonpayment. If a payment for bodily injury or property damage is made under section SECTION 4 of the Trust Fundthis trust, the Trustee shall notify the Grantor of such payment and the amount(s) thereof within 5 five (5) working days. Following such notice the The Grantor shall, on or before the anniversary date of the establishment of the Trust FundFund following such notice, either make payments to the Trustee in amounts sufficient to cause the Trust Fund trust to return to its value immediately prior to the payment of claims under section SECTION 4, or shall provide written proof to the Trustee that other financial assurance for liability coverage has been obtained equaling the amount necessary to return the Trust Fund trust to its value prior to the payment of claims. If the Grantor does not either make payments to the Trustee or provide the Trustee with such proof, the Trustee shall, shall within 10 working days after the anniversary date of the establishment of the Trust Fund, Fund provide a written notice of nonpayment to the Division Director.

Notice of Nonpayment. If a payment for bodily injury or property damage is made under section Section 4 of the Trust Fundthis trust, the Trustee shall notify the Grantor of such payment and the amount(s) thereof within 5 five (5) working days. Following such notice the The Grantor shall, on or before the anniversary date of the establishment of the Trust FundFund following such notice, either make payments to the Trustee in amounts sufficient to cause the Trust Fund trust to return to its value immediately prior to the payment of claims under section Section 4, or shall provide written proof to the Trustee that other financial assurance for liability coverage has been obtained equaling the amount necessary to return the Trust Fund trust to its value prior to the payment of claims. If the Grantor does not either make payments to the Trustee or provide the Trustee with such proof, the Trustee shall, shall within 10 working days after the anniversary date of the establishment of the Trust Fund, Fund provide a written notice of nonpayment to the DirectorTCEQ executive director.