Monetary Breach definition

Monetary Breach means any failure by the Tenant to pay all or any part of the sums payable by the Tenant under this Lease when due;
Monetary Breach has the meaning specified in Section 7.03. ---------------
Monetary Breach. (defined as failure to pay any installment of any monetary amount due and payable hereunder) of this Lease by COUNTY, LESSOR shall notify COUNTY in writing of such breach, and COUNTY shall have ten (10) days from such notice in which to cure said breach or b) in the event of any “Non-Monetary Breach” (defined as failure to perform any obligation, agreement or covenant hereunder) of this Lease, COUNTY fails within fifteen (15) days after receipt by COUNTY of written notice specifying wherein such obligation of COUNTY has not been performed; provided however, that if the nature of COUNTY's obligation is such that more than fifteen (15) days after such notice are reasonably required for its performance, then COUNTY shall not be in breach of this Lease if performance is commenced as soon as reasonably possible within such fifteen (15) day period and thereafter diligently pursued to completion (each, a “COUNTY Default").

Examples of Monetary Breach in a sentence

  • If a Monetary Breach occurs the Landlord must not terminate this Lease without first giving Notice to the Tenant and to each Creditor: requiring payment of the outstanding sum within the period of 14 days immediately following the date of service of the Notice;60 and stating that failure to pay within that period may result in this Lease being terminated.


More Definitions of Monetary Breach

Monetary Breach. As defined in Article 27.
Monetary Breach any failure by the Tenant to pay all or any part of the sums payable by the Tenant under this Lease when due;
Monetary Breach. (i) Non-payment of any amounts due, including but not limited to Additional Charges, within five (5) days of the date when due, subject to service interruption, and excluding any amounts disputed in good faith;
Monetary Breach means failure to pay when due any Basic Rent or other monetary obligation of Tenant to Landlord under this Lease. Any other event of default that is not a Monetary Breach is a “Non- Monetary Breach.”

Related to Monetary Breach

  • Data Breaches Party shall report to AHS, though its Chief Information Officer (CIO), any impermissible use or disclosure that compromises the security, confidentiality or privacy of any form of protected personal information identified above within 24 hours of the discovery of the breach. Party shall in addition comply with any other data breach notification requirements required under federal or state law.

  • Data Breach means the unauthorized access by an unauthorized person that results in the use, disclosure or theft of Customer Data.

  • Non-Breaching Party has the meaning set forth in Section 9.2.1.

  • Major Breach means a breach of:

  • Security Breach means the unauthorized acquisition of or access to Customer Data by an unauthorized person that compromises the security, confidentiality, or integrity of Customer Data, including instances in which internal personnel access systems in excess of their user rights or use systems inappropriately. “Security Breach” shall also be deemed to include any breach of security, confidentiality, or privacy as defined by any applicable law, rule, regulation, or order.

  • Material Breach means a breach by either Party of any of its obligations under this Agreement which has or is likely to have a Material Adverse Effect on the Project and which such Party shall have failed to cure.

  • Breach shall have the meaning given to such term under the IEA and CMPPA. It shall 15 include a "PII loss" as that term is defined in the CMPPA.

  • Breaching Party has the meaning set forth in Section 12.2.

  • Willful and Material Breach means a material breach that is a consequence of an act undertaken by the breaching party or the failure by the breaching party to take an act it is required to take under this Agreement, with knowledge that the taking of or failure to take such act would, or would reasonably be expected to, result in, constitute or cause a breach of this Agreement.

  • Remedy a Violation means to bring the structure or other development into compliance with state and community floodplain management regulations, or, if this is not possible, to reduce the impacts of its noncompliance. Ways that impacts may be reduced include protecting the structure or other affected development from flood damages, implementing the enforcement provisions of the ordinance or otherwise deterring future similar violations, or reducing federal financial exposure with regard to the structure or other development.

  • Serious violation means OCC has made a valid finding when assessing a serious complaint that alleges:

  • Intentional Breach means, with respect to any agreement or covenant of a party in this Agreement, an action or omission taken or omitted to be taken by such party in material breach of such agreement or covenant that the breaching party intentionally takes (or fails to take) with actual knowledge that such action or omission would, or would reasonably be expected to, cause such material breach of such agreement or covenant.

  • Substantial Breach means the following:

  • Monetary Default shall have the meaning assigned to such term in Section 11(a).

  • Terminating Company Breach has the meaning specified in Section 10.01(b).

  • Personal Data Breach means a breach of security leading to the accidental or unlawful destruction, loss, alteration, unauthorised disclosure of, or access to, personal data transmitted, stored or otherwise processed;

  • Willful Breach means a material breach that is a consequence of an act undertaken or a failure to act by the breaching party with the knowledge that the taking of such act or such failure to act would, or would reasonably be expected to, constitute or result in a breach of this Agreement.

  • Serious traffic violation means any of the following: