Nonpayment means, with respect to any Payment Date, an Insured Amount is Due for Payment but has not been paid pursuant to the Indenture.
Nonpayment means, with respect to any Distribution Date, an Insured Amount is Due for Payment but has not been paid pursuant to the Agreement.
Nonpayment means, with respect to any Distribution Date, an Insured Amount which is Due for Payment but has not been and will not be paid in respect of such Distribution Date pursuant to the Agreement.
Examples of Nonpayment in a sentence
Non-payment, or partial payment of salaries when due shall be deemed a material breach of contract, giving any Artist the right to terminate forthwith his or her contract with the Employer.
More Definitions of Nonpayment
Nonpayment means, with respect to any Payment Date, an Insured Amount which is Due for Payment but has not and will not be paid in respect of such Payment Date, pursuant to the Indenture.
Nonpayment shall have the meaning set forth in Section 7(b)(i) hereof.
Nonpayment means the nonpayment of a payment that becomes due during the emergency period to a landlord, including a payment of rent, late charges, utility or service charges or any other charge or fee as described in the rental agreement or ORS 90.140, 90.302, 90.315, 90.392, 90.394, 90.560 to 90.584 or 90.630.
Nonpayment has the meaning set forth in Section 16.7(a).
Nonpayment means, with respect to any Distribution Date, a Deficiency Amount owing to the Subordination Agent for distribution to the Class G Certificateholders or, if applicable, the Escrow Receiptholders in respect of such Distribution Date.
Nonpayment means, with respect to any Distribution Date, Policy Claim Amounts which are Due for Payment but have not been paid pursuant to the Indenture.
Nonpayment has the meaning set forth in Section 2.7(a) of this Unit Designation.