Payment Delay; Finance Charges. (a) If Recipient fails to make any material payment within thirty (30) days of the date such payment was due to Provider, Provider shall have the right, at its sole option, upon ten (10) days’ prior written notice (such notice, a “Suspension Notice”), to suspend performance of any Services until payment has been received.
Appears in 6 contracts
Samples: Transition Services Agreement (Orion Office REIT Inc.), Transition Services Agreement (Highlands REIT, Inc.), Transition Services Agreement (Highlands REIT, Inc.)
Payment Delay; Finance Charges. (a) If Recipient fails to make any material payment within thirty (30) days of the date such payment was due to Provider, Provider shall have the right, at its sole option, upon ten (10) business days’ prior written notice (such notice, a “Suspension Notice”), to suspend performance of any Services until payment has been received.
Appears in 4 contracts
Samples: Transition Services Agreement (Urban Edge Properties), Transition Services Agreement (Urban Edge Properties), Transition Services Agreement (Washington Prime Group Inc.)
Payment Delay; Finance Charges. (a) If Recipient fails to make any material payment (a “Missed Payment”) within thirty (30) days of the date such payment was due to Provider, Provider shall have the right, at its sole option, upon ten (10) business days’ prior written notice (such notice, a “Suspension Notice”), to suspend performance of any Services until payment such Missed Payment has been received.
Appears in 3 contracts
Samples: Transition Services Agreement (Ventas Inc), Transition Services Agreement (Care Capital Properties, Inc.), Transition Services Agreement (Care Capital Properties, Inc.)
Payment Delay; Finance Charges. (a) If Recipient fails to make any payment of a material payment invoice within thirty sixty (3060) days of from the date such payment was due to Providerdue, Provider shall have the right, at its sole option, upon ten (10) business days’ prior written notice (such notice, a “Suspension Notice”), to suspend performance of any the Services until payment has been received.
Appears in 2 contracts
Samples: Transition Services Agreement (Penn National Gaming Inc), Transition Services Agreement (Gaming & Leisure Properties, Inc.)
Payment Delay; Finance Charges. (a) If Recipient fails to make any material payment or payments that exceed $100,000 individually or in the aggregate within thirty (30) days of the date such payment was due to ProviderProvider with respect to one or more Services and has not disputed the applicable payment or payments, Provider shall have the right, at its sole option, upon ten (10) business days’ prior written notice (such notice, a “Suspension Notice”), to suspend performance of any such Service or Services until payment has been received.
Appears in 2 contracts
Samples: Transition Services Agreement (JBG SMITH Properties), Transition Services Agreement (JBG SMITH Properties)
