Examples of Notice of Default in a sentence
Seller represents that they are not aware of any Notice of Default recorded against the Property nor foreclosure proceedings.
Upon the issuance of a Notice of Default, the Parties shall meet within ten (10) business days and confer in an attempt to resolve the issues that are the subject matter of the Notice of Default.
The Trustee may set any day as a record date for the purpose of determining the Holders of Outstanding Securities of any series entitled to join in the giving or making of (i) any Notice of Default, (ii) any declaration of acceleration referred to in Section 5.02, (iii) any request to institute proceedings referred to in Section 5.07(b) or (iv) any direction referred to in Section 5.12, in each case with respect to Securities of such series.
No receipt of money by City from Declarant after any Notice of Default shall affect any Notice previously given to Declarant, or waive City’s right to enforce payment or deposit of any amount payable or later falling due.
Declarant agrees that after service of Notice of Default or the commencement of suit or proceedings, or after final order or judgment, City may demand, receive and collect any money due or thereafter falling due, without in any manner affecting such Notice, proceeding, order, suit or judgment, all such money collected being deemed payments on account of Declarant’s liability to City.