Total Amount in Default means the following amounts: (i) the Amount in Default; (ii) third-party costs of obtaining and maintaining any Security incurred by the non-defaulting Parties or the funds paid by such Parties in order to allow Operator to obtain or maintain Security, in accordance with Article 8.3(A)(ii); plus (iii) any interest at the Agreed Interest Rate accrued on the amount under (i) from the date this amount is due by the Defaulting Party until paid in full by the Defaulting Party and on the amount under (ii) from the date this amount is incurred by the non-defaulting Parties until paid in full by the Defaulting Party.
Total Amount in Default means, as of any time, the following amounts: (a) the amounts that the Defaulting Party has failed to pay under the terms of this Agreement and the Associated Agreements as of such time; and (b) any interest at the Default Interest Rate accrued on the amount under (a) from the date this amount is due by the Defaulting Party until paid in full by the Defaulting Party and on the amount under (b) from the time this amount is incurred by the Affected Party until paid in full by the Defaulting Party.
Total Amount in Default means, as of any time, and with respect to any Defaulting Member, the following amounts: (a) the amounts that the Defaulting Member has failed to pay under the terms of this Agreement; and (b) any interest at the Default Interest Rate accrued on the amount under (a) from the date this amount is due by the Defaulting Member until paid in full by the Defaulting Member.
Examples of Total Amount in Default in a sentence
No Defaulting Party may, and any Defaulting Party shall cause its Affiliates not to, Transfer all or any part of its Joint Development Interest or undergo a Change in Control unless and until the Total Amount in Default is paid by such Defaulting Party or its transferee or any other Person on behalf of such Defaulting Party and then further subject to compliance with the other provisions of this ARTICLE IV.
More Definitions of Total Amount in Default
Total Amount in Default means, as of any time, with respect to a Non-Funding Member, an amount equal to (a) the outstanding Post-Conversion Default that the Non-Funding Member has failed to pay pursuant to the terms of this Agreement, plus (b) Collection Costs applicable thereto, plus (c) interest accrued on the amounts set forth in clause (a) and clause (b) at an annual interest rate equal to the prime rate (as published on the applicable date of determination in the “Money Rates” table of The Wall Street Journal, Eastern Edition) plus an additional 10 percentage points (or, if such rate is contrary to any applicable law, the maximum rate permitted by such applicable law) compounded quarterly from the incurrence thereof until payment in full.
Total Amount in Default means the aggregate of the following amounts:
Total Amount in Default means, with respect to a Defaulting Member under Section 4.3(a), the sum of the following amounts:
Total Amount in Default means the following amounts: the Amount in Default; plus third-party costs of obtaining and maintaining any Security incurred by the non-defaulting Concessionaires or the funds paid by such Concessionaires in order to allow Operator to obtain or maintain Security, in accordance with Article 8.3(A)(ii); plus any interest at the Default Interest Rate accrued on the amount under (i) from and including the date this amount is due by the Defaulting Concessionaire until and excluding the date the amount is paid in full by the Defaulting Concessionaire and on the amount under (ii) from and including the date this amount is incurred by the non-defaulting Concessionaires until and excluding the date the amount is paid in full by the Defaulting Concessionaire. If the Defaulting Concessionaire remedies its default in full before the Default Period commences, the notifying Concessionaire shall promptly notify each non-defaulting Concessionaire and the INP by facsimile or telephone and by email, and the non-defaulting Concessionaires shall be relieved of their obligations under Article 9.3(A). Otherwise, each non-defaulting Concessionaire shall satisfy its obligations under Article 9.3(A)(i) before the Default Period commences and its obligations under Article 9.3(A)(ii) within ten (10) days following the Default Notice. If any non-defaulting Concessionaire fails to timely satisfy such obligations, such Concessionaire shall thereupon be a Defaulting Concessionaire subject to the provisions of this Article 8. The non-defaulting Concessionaires shall be entitled to receive their respective shares of the Total Amount in Default payable by such Defaulting Concessionaire pursuant to this Article. If the Concessionaires are paying the Carry as provided in Article 4.5 then such Concessionaire shall be liable to pay the Defaulting Concessionaires Amount in Default and Total Amount in Default and be entitled to receive payment thereof. If Operator is a Defaulting Concessionaire, then all payments otherwise payable to Operator for Joint Account costs pursuant to this Agreement shall be made to the notifying Concessionaire instead until the default is cured or a successor Operator appointed. The notifying Concessionaire shall maintain such funds in a segregated account separate from its own funds and shall apply such funds to third party claims due and payable from the Joint Account of which it has notice, to the extent Operator would be authorized to make such payments under the...
Total Amount in Default means the following amounts:
Total Amount in Default means, as of any time with respect to any Non-Funding Member, an amount equal to: (a) the outstanding amount of such Non-Funding Member’s Deficiency, plus any associated Interest and Collection Costs, reduced by (b) distributions otherwise payable to the Non-Funding Member which are retained by the Company pursuant to Article 4.
Total Amount in Default means, as of any time, with respect to a Non-Funding Member, an amount equal to (a) the outstanding Post-Conversion Default that the Non-Funding Member has failed to pay pursuant to the terms of this Agreement, plus (b) Collection Costs applicable thereto, plus