Notices of Payment Failure Sample Clauses

Notices of Payment Failure. The Paying Agent shall deliver prompt written notice to the Company, the Purchase Money Notes Guarantor and the Collateral Agent in the event that it fails to receive in full the amount required to be paid by the Company, which notice shall include a statement that the required payment was not made by the Company in full and shall set forth the amount of such required payment and in the case of receipt of a partial payment, the amount of such partial payment.
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Notices of Payment Failure. (a) The Paying Agent shall deliver prompt written notice to the Company, the Purchase Money Notes Guarantor, the NGPMN Agent, the Collateral Agent and the Advance Lender in the event that it fails to receive in full on the related Distribution Date or the Purchase Money Notes Maturity Date, as applicable (based on the applicable Distribution Date Report or Maturity Date Report), the amount required to be paid by the Company on any Distribution Date or the Purchase Money Notes Maturity Date, as applicable, which notice shall include a statement that the required payment was not made by the Company in full and shall set forth the amount of such required payment and in the case of receipt of a partial payment, the amount of such partial payment.
Notices of Payment Failure. (a) The Paying Agent shall deliver prompt written notice to the Company and the PMN Agent in the event that it fails to receive in full on the related Distribution Date or the Purchase Money Notes Maturity Date, as applicable (based on the applicable Cash Flow and Distribution Report or Maturity Date Report), the amount required to he paid hy the Company on any Distribution Date or the Purchase Money Notes Maturity Date, as applicable, which notice shall include a statement that the required payment was not made by the Company in full and shall set forth the amount of such required payment and in the case of receipt of a partial payment, the amount of such partial payment.
Notices of Payment Failure. (a) The Paying Agent is to deliver prompt written notice to the Company and the PMN Agent if it fails to receive in full on the related Distribution Date or the Purchase Money Notes Maturity Date, as applicable (based on the Cash Flow and Distribution Report), the amount required to be paid by the Company on any Distribution Date or the Purchase Money Notes Maturity Date, as applicable, which notice is to include a statement that the required payment was not made by the Company in full and is to set forth the amount of such required payment and, in the case of receipt of a partial payment, the amount of such partial payment.

Related to Notices of Payment Failure

  • Notice Any notice required or permitted to be given by either party to the other shall be deemed sufficient if sent by registered or certified mail, postage prepaid, addressed by the party giving notice to the other party at the last address furnished by the other party to the party giving notice: if to the Issuer, at 00 Xxxxxxxxxx Xxxxxx, Xxxxxx, Xxxxxxxxxxxxx, and if to Distributors, at 00 Xxxxxxxxxx Xxxxxx, Xxxxxx, Xxxxxxxxxxxxx.

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