Common use of Other Monetary Defaults Clause in Contracts

Other Monetary Defaults. All other monetary defaults shall have a five (5) day grace period following notice from Administrative Agent (unless otherwise specifically provided for herein), or, if shorter, a grace period without notice until five (5) Business Days before the last day on which payment is required to be made in order to avoid: (i) the cancellation or lapse of required insurance, or (ii) a tax sale or the imposition of late charges or penalties in respect of taxes or other municipal charges;

Appears in 3 contracts

Samples: Term Loan Agreement (Hines Real Estate Investment Trust Inc), Term Loan Agreement (Hines Real Estate Investment Trust Inc), Credit Agreement (Hines Real Estate Investment Trust Inc)

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Other Monetary Defaults. All other monetary defaults shall have a five ten (510) day grace period following notice from Administrative Agent (unless otherwise specifically provided for herein)Lender, or, if shorter, a grace period without notice until five ten (510) Business Days before the last day on which payment is required to be made in order to avoid: (i) the cancellation or lapse of required insurance, or (ii) a tax sale or the imposition of late charges or penalties in respect of taxes or other municipal charges;.

Appears in 2 contracts

Samples: Loan Agreement (STW Resources Holding Corp.), Loan Agreement (STW Resources Holding Corp.)

Other Monetary Defaults. All other monetary defaults shall have a five ten (510) day grace period following notice from Administrative Agent (unless otherwise specifically provided for herein)Agent, or, if shorter, a grace period without notice until five (5) Business Days before the last day on which payment is required to be made in order to avoid: (i) the cancellation or lapse of required insurance, or (ii) a tax sale or the imposition of late charges or penalties in respect of taxes or other municipal charges;.

Appears in 1 contract

Samples: Loan Agreement (STAG Industrial, Inc.)

Other Monetary Defaults. All other monetary defaults shall have a five (5) day Business Day grace period following notice from Administrative Agent (unless otherwise specifically provided for herein)Lender, or, if shorter, a grace period without notice until five (5) Business Days before the last day on which payment is required to be made in order to avoid: (i) the cancellation or lapse of required insurance, or (ii) a tax sale or the imposition of late charges or penalties in respect of taxes or other municipal charges;.

Appears in 1 contract

Samples: Revolving Credit Agreement (Tanger Factory Outlet Centers Inc)

Other Monetary Defaults. All other monetary defaults shall have a five (5) day grace period following notice from Administrative Agent (unless otherwise specifically provided for herein)Lender, or, if shorter, a grace period without notice until five (5i) one (1) Business Days Day before the last day on which payment is required to be made in order to avoid: (i) avoid the cancellation or lapse of required insurance, or (ii) five (5) Business Days before a tax sale or the imposition of late charges or penalties in respect of taxes or other municipal charges;.

Appears in 1 contract

Samples: Loan Agreement (Clarion Partners Property Trust Inc.)

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Other Monetary Defaults. All other monetary defaults shall have a five (5) day grace period following notice from Administrative Agent (unless otherwise specifically provided for herein)Lender, or, if shorter, a grace period without notice until five (5) Business Days before the last day on which payment is required to be made in order to avoid: (i) the cancellation or lapse of required insurance, or (ii) a tax sale or the imposition of late charges or penalties in respect of taxes or other municipal charges;. 33

Appears in 1 contract

Samples: Term Loan Agreement (Emeritus Corp\wa\)

Other Monetary Defaults. All other monetary defaults shall have a five (5) day grace period following notice from Administrative Agent (unless otherwise specifically provided for herein)Lender, or, if shorter, a grace period without notice until five (5) Business Days before the last day on which payment is required to be made in order to avoid: (i) the cancellation or lapse of required insurance, or (ii) a tax sale or the imposition of late charges or penalties in respect of taxes or other municipal charges;.

Appears in 1 contract

Samples: Loan Agreement (Westwood Group Inc)

Other Monetary Defaults. All other monetary defaults shall have a five (5) day grace period following notice from Administrative Agent (unless otherwise specifically provided for herein)Agent, or, if shorter, a grace period without notice until five (5) Business Days before the last day on which payment is required to be made in order to avoid: (i) the cancellation or lapse of required insurance, or (ii) a tax sale or the imposition of late charges or penalties in respect of taxes or other municipal charges;.

Appears in 1 contract

Samples: Senior Loan Agreement (NNN 2002 Value Fund LLC)

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