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;
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Monetary Breach has the meaning specified in Section 7.03. ---------------
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Monetary Breach has the meaning set forth in Section 12.4.
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Examples of Monetary Breach in a sentence

  • If a Monetary Breach occurs the Landlord must not terminate this Lease without first giving formal 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 formal notice;67 and stating that failure to pay within that period may result in this Lease being terminated.

  • If a Monetary Breach occurs the Landlord must not terminate this Lease without first giving formal 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 formal notice;66 and stating that failure to pay within that period may result in this Lease being terminated.

  • If the failure to comply is not a Monetary Breach, the Servicer shall be entitled to a reasonable period of time after such notice in order to remedy the failure.

  • Caltech shall have the right to terminate this Agreement pursuant to Section 102 (Termination for Monetary Breach) for failure to pay such MAR.

  • Here, the trial court determined Jenkins was calling Stokes as an expert witness and would testify that introducing sugar into a gas tank could damage an engine.

  • Caltech shall have the right to terminate this Agreement pursuant to Section 10.2 (Termination for Monetary Breach) for failure to pay such MAR.

  • Caltech shall have the right to terminate this Agreement pursuant to Section 10.2 (Termination for Monetary Breach) for failure to pay such annual minimum royalty.

  • If there is a Non Monetary Breach which is capable of being remedied the Landlord must not terminate this Lease without first giving formal notice to the Tenant and to each Creditor specifying the Non Monetary Breach on which the Landlord is seeking to rely and specifying a date by which that Non Monetary Breach must be remedied stating that failure to remedy the breach by that date may result in this Lease being terminated.

  • 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;52 and stating that failure to pay within that period may result in this Lease being terminated.

  • If a Monetary Breach occurs the Landlord must not terminate this Lease without first giving formal 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 formal notice;51 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.
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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;
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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.”
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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").
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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;
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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.

  • Serious Breach means any breach defined as a Serious Breach in the Agreement or any breach or breaches which adversely, materially or substantially affect the performance or delivery of the Services or compliance with the terms and conditions of the Agreement or the provision of a safe, healthy and supportive learning environment or a breach of security that adversely affects the Personal Data or privacy of an individual. Failure to comply with Law, or actions or omissions by the Provider that endanger the Health or Safety of Learners, Provider Personnel, and all other persons including members of the public would constitute a Serious Breach;

  • 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 9.3.

  • Privacy Breach means a common law breach of confidence, infringement, or violation of any rights to privacy, including but not limited to breach of “Your” privacy statement, breach of a person’s right of publicity, wrongful collection, false light, intrusion upon a person’s seclusion, public disclosure of “Private Information”, or misappropriation of a person’s picture or name for commercial gain.

  • Major Breach means a breach of:

  • Security Breach means (i) any act or omission that materially compromises either the security, confidentiality or integrity of Named Entity Protected Data, or the physical, technical, administrative or organizational safeguards put in place by Vendor or any Authorized Persons that relate to the protection of the security, confidentiality or integrity of Named Entity Protected Data, (ii) receipt of a complaint in relation to the privacy practices of Vendor or any Authorized Persons or a breach or alleged breach of this Contract relating to such privacy practices.

  • 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 means an impermissible use or disclosure of electronic or non-electronic sensitive personal information by an unauthorized person or for an unauthorized purpose that compromises the security or privacy of Confidential Information such that the use or disclosure poses a risk of reputational harm, theft of financial information, identity theft, or medical identity theft. Any acquisition, access, use, disclosure or loss of Confidential Information other than as permitted by this DUA shall be presumed to be a Breach

  • Persistent Breach means a Default which has occurred on three or more separate occasions with a continuous period of six (6) months.

  • Minor Breach means a delay or non-performance by either Party of its obligations under the Agreement which does not materially, adversely or substantially affect the performance or delivery of the Service or the provision of a safe, healthy and supportive learning environment;

  • 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 representation, warranty, agreement or covenant, an action or omission taken or omitted to be taken that the breaching party intentionally takes (or intentionally fails to take) and knows (or reasonably should have known) would, or would reasonably be expected to, cause a material breach of such representation, warranty, agreement or covenant.

  • Substantial Breach means a breach of any of clauses 3.8, 3.9, 4.1, 4.2, 5.1(c)(i) to 5.1(c)(xxiv) (inclusive), 17.1, 17.2, 31.2 or 31.7(c) of this Agreement;

  • 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).

  • Restrictive Covenant Violation means the Participant’s breach of the Restrictive Covenants listed on Appendix A or any covenant regarding confidentiality, competitive activity, solicitation of the Company’s vendors, suppliers, customers, or employees, or any similar provision applicable to or agreed to by the Participant.

  • Personal Data Breach means a breach of security leading to the accidental or unlawful destruction, loss, alteration, unauthorized 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 a conviction when operating a commercial motor vehicle of:

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

  • Credit Breach means the status of a Participant that does not currently meet the requirements of Tariff, Attachment Q or other provisions of the Agreements.

  • Terminating Acquiror Breach has the meaning specified in Section 10.01(c).