Payment Due on Sale Sample Clauses

Payment Due on Sale. Notwithstanding any other provision to the contrary, subject to Section 5.03 of the Loan Agreement, if the Borrower sells the Property pursuant to a Bona Fide Offer, then all outstanding principal and accrued interest due under this AHIF Note, together with any other sums evidenced by this AHIF Note or secured by the AHIF Deed of Trust and/or any other AHIF Loan Documents, as well as any future advances that may be made to the Borrower by the County, shall be immediately due and payable by the Borrower to the County.
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Payment Due on Sale. Notwithstanding any other provision to the contrary, subject to Sections 5.03 and 5.04 below, if the Borrower sells the Property pursuant to a Bona Fide Offer (as defined in Section 5.04(a) below), then all outstanding principal and accrued interest on the AHIF Loan, together with any other sums evidenced by the AHIF Note or secured by the AHIF Deed of Trust and/or any other AHIF Loan Documents, as well as any future advances that may be made to the Borrower by the County Board, shall be immediately due and payable by the Borrower to the County Board.
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Payment Due on Sale. Notwithstanding any other provision to the contrary, subject to Section 5.03 of the Loan Agreement, if the Borrower sells the Property pursuant to a Bona Fide Offer, then all outstanding principal and accrued interest due under this CDBG Note, together with any other sums evidenced by this CDBG Note or secured by the County Deed of Trust and/or any other County Loan Documents, as well as any future advances that may be made to the Borrower by the County, shall be immediately due and payable by the Borrower to the County.
Sample 1
Payment Due on Sale. Notwithstanding any other provision to the contrary and subject to Section 5.03 of the Amended and Restated AHIF Loan Agreement, if the Borrower sells the Parc Rosslyn Real Property pursuant to a Bona Fide Offer, then all outstanding principal and accrued interest due under this Amended and Restated Density Loan Note, together with any other sums evidenced by this Amended and Restated Density Loan Note or secured by the Amended and Restated County Deed of Trust and/or any other Amended and Restated County Loan Documents, as well as any future advances that may be made to the Borrower by the County, shall be immediately due and payable by the Borrower to the County.
Sample 1
Payment Due on Sale. Notwithstanding any other provision to the contrary, subject to Sections 5.03 and 5.04 below, if the Borrower sells the Property pursuant to a Bona Fide Offer (as defined in Section 5.04(a) below), then all outstanding principal and accrued interest on the County Loans, together with any other sums evidenced by the County Notes or secured by the County Deed of Trust and/or any other County Loan Documents, as well as any future advances that may be made to the Borrower by the County Board, shall be immediately due and payable by the Borrower to the County Board.
Sample 1
Payment Due on Sale. Notwithstanding any other provision to the contrary and subject to Section 5.03 of the Amended and Restated AHIF Loan Agreement, if the Borrower sells the Xxxxxx Gardens Real Property pursuant to a Bona Fide Offer, then all outstanding principal and accrued interest due under this Amended and Restated AHIF Note, together with any other sums evidenced by this Amended and Restated AHIF Note or secured by the Amended and Restated AHIF Deed of Trust and/or any other Amended and Restated AHIF Loan Documents, as well as any future advances that may be made to the Borrower by the County, shall be immediately due and payable by the Borrower to the County.
Sample 1
Payment Due on Sale. Notwithstanding any other provision to the contrary, subject to Sections 5.03 and 5.04 below, if the Borrower sells the Property, then all outstanding principal and accrued interest on the AHIF Loan, together with any other sums evidenced by the AHIF Note or secured by the AHIF Deed of Trust and/or any other AHIF Loan Documents, as well as any future advances that may be made to the Borrower by the County Board, shall be immediately due and payable by the Borrower to the County Board.
Sample 1
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Payment Due on Sale. Notwithstanding any other provision to the contrary, subject to Sections 5.03 and 5.04 of the Loan Agreement, if the Borrower sells the Xxxxxxx Place Property pursuant to a Bona Fide Offer, then all outstanding principal and accrued interest due under this AHIF Acquisition Note, together with any other sums evidenced by this AHIF Acquisition Note or secured by the County Deed of Trust and/or any other County Loan Documents, as well as any future advances that may be made to the Borrower by the County, shall be immediately due and payable by the Borrower to the County.
Sample 1
Payment Due on Sale. Notwithstanding any other provision to the contrary, subject to Sections 5.03 below, if the Borrower sells the Property, then all outstanding principal and accrued interest on the County Loan, together with any other sums evidenced by the County Note or secured by the County Deed of Trust and/or any other County Loan Documents, as well as any future advances that may be made to the Borrower by the County Board, shall be immediately due and payable by the Borrower to the County Board.
Sample 1

Related to Payment Due on Sale

  • Payment Due Payment for services provided by BellSouth, including disputed charges, is due on or before the next xxxx date. Information required to apply payments must accompany the payment. The information must notify BellSouth of Billing Account Numbers (BAN) paid; invoices paid and the amount to be applied to each BAN and invoice (Remittance Information). Payment is considered to have been made when the payment and Remittance Information are received by BellSouth. If the Remittance Information is not received with payment, BellSouth will be unable to apply amounts paid to Freedom’s accounts. In such event, BellSouth shall hold such funds until the Remittance Information is received. If BellSouth does not receive the Remittance Information by the payment due date for any account(s), late payment charges shall apply.

  • Payment Due Date Unless City notifies the Contractor that a dispute exists, Payment shall be made within [Enter number of days, generally ≥ 30] calendar days, measured from (1) the delivery of goods and/or the rendering of services or (2) the date of receipt of the invoice, whichever is later. Payment is deemed to be made on the date on which City has issued a check to Contractor or, if Contractor has agreed to electronic payment, the date on which City has posted electronic payment to Contractor.

  • Payments from the Gross Settlement Amount Within 14 days after Defendants fund the Gross Settlement Amount, the Administrator will mail checks for all Individual Class Payments, all Individual PAGA Payments, the LWDA PAGA Payment, the Administration Expenses Payment, the Class Counsel Fees Payment, the Class Counsel Litigation Expenses Payment, and the Class Representative Service Payment. Disbursement of the Class Counsel Fees Payment, the Class Counsel Litigation Expenses Payment and the Class Representative Service Payment shall not precede disbursement of Individual Class Payments and Individual PAGA Payments. 4.4.1. The Administrator will issue checks for the Individual Class Payments and/or Individual PAGA Payments and send them to the Class Members via First Class U.S. Mail, postage prepaid. The face of each check shall prominently state the date (not less than 180 days after the date of mailing) when the check will be voided. The Administrator will cancel all checks not cashed by the void date. The Administrator will send checks for Individual Settlement Payments to all Participating Class Members (including those for whom Class Notice was returned undelivered). The Administrator will send checks for Individual PAGA Payments to all Aggrieved Employees including Non-Participating Class Members who qualify as Aggrieved Employees (including those for whom Class Notice was returned undelivered). The Administrator may send Participating Class Members a single check combining the Individual Class Payment and the Individual PAGA Payment. Before mailing any checks, the Settlement Administrator must update the recipients’ mailing addresses using the National Change of Address Database. 4.4.2. The Administrator must conduct a Class Member Address Search for all other Class Members whose checks are retuned undelivered without USPS forwarding address. Within 7 days of receiving a returned check the Administrator must re-mail checks to the USPS forwarding address provided or to an address ascertained through the Class Member Address Search. The Administrator need not take further steps to deliver checks to Class Members whose re-mailed checks are returned as undelivered. The Administrator shall promptly send a replacement check to any Class Member whose original check was lost or misplaced, requested by the Class Member prior to the void date. 4.4.3. For any Class Member whose Individual Class Payment check or Individual PAGA Payment check is uncashed and cancelled after the void date, the Administrator shall transmit the funds represented by such checks to the California Controller's Unclaimed Property Fund in the name of the Class Member thereby leaving no "unpaid residue" subject to the requirements of California Code of Civil Procedure Section 384, subd. (b). 4.4.4. The payment of Individual Class Payments and Individual PAGA Payments shall not obligate Defendants to confer any additional benefits or make any additional payments to Class Members (such as 401(k) contributions or bonuses) beyond those specified in this Agreement.

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