Examples of Financing Default in a sentence
Whenever a Financing Default shall have happened and be continuing, the Escrow Agent shall have the right, at its sole option without any further demand or notice, to exercise any remedy available at law or in equity; however, the Financing Amount and the Financing Payments shall not be subject to acceleration.
No express or implied waiver by the Escrow Agent of a Financing Default shall constitute a waiver of any other or subsequent Financing Default.The Obligations coming due on and after June 1, 2020 are subject to prepayment prior to their respective payment dates in whole or in part in authorized denominations on any date on or after June 1, 2019.
Concurrently with delivery by it to Operations Co of any notice of an Operations Co Financing Default, the Collateral Agent will provide a copy of such notice to Project Co and the Authority, together with reasonable details of such Operations Co Financing Default.
Financing Default and Enforcement One of the proposals that has been suggested for this project, is to encourage mortgage finance companies to buy developer portfolios of installment sales contracts and substitute mortgage financing.
Any Contactor/Agency/Firm found influencing, canvassing in any form or intimidating is liable for disqualification.