Common use of Notice Requiring Payment Clause in Contracts

Notice Requiring Payment. If any member fails to pay the whole or any part of any call or instalment on or before the day appointed for payment thereof, the Directors may, at any time thereafter while the same remains unpaid, serve a notice on the member requiring the member to pay the same, together with any interest that may have accrued thereon and interest up to the date of payment and any expenses that may have been incurred by the Company by reason of such non-payment.

Notice Requiring Payment. If any member fails to pay the whole or any part of any call or instalment on or before the day appointed for payment thereof, the Directors may, at any time thereafter while the same remains unpaid, serve a notice on the member requiring the member to pay the same, together with any interest that may have accrued thereon and interest up to the date of payment and any expenses that may have been incurred by the Company by reason of such non-paymentnon‑payment.

Notice Requiring Payment. 1 If any member a Member fails to pay the whole or any part of any call or instalment installment of a call on or before the day appointed for payment thereof, the Directors mayDirectors, at any time thereafter while during such times as any part of the same call or installment remains unpaid, may serve a notice on him requiring payment of so much of the member requiring the member to pay the same, call or installment as is unpaid together with any interest that which may have accrued thereon and interest up to the date of payment and any expenses that may have been incurred by the Company by reason of such non-paymentaccrued.