DUE Sample Clauses
The "DUE" clause establishes when a payment, obligation, or deliverable is required to be fulfilled under the contract. It typically specifies a particular date, event, or time frame by which the party must perform, such as payment being due within 30 days of invoice receipt or delivery due upon project completion. This clause ensures both parties are clear on their respective deadlines, reducing the risk of disputes over timing and helping to enforce timely performance.
DUE. On-Sale; Due-on-Encumbrance.
(a) If any Home Loan contains a provision, in the nature of a "due-on- sale" clause, which by its terms:
(i) provides that such Home Loan shall (or may at the related lender's option) become due and payable upon the sale or other transfer of an interest in the related Property; or
(ii) provides that such Home Loan may not be assumed without the consent of the related lender in connection with any such sale or other transfer, then, for so long as such Home Loan is included in the Grantor Trust, the Servicer, on behalf of the Grantor Trustee, shall exercise any right the Grantor Trustee may have as the lender of record with respect to such Home Loan (x) to accelerate the payments thereon or (y) to withhold its consent to any such sale or other transfer, in a manner consistent with Accepted Servicing Procedures.
(b) If any Home Loan contains a provision in the nature of a "due-on- encumbrance" clause, which by its terms:
(i) provides that such Home Loan shall (or may at the related lender's option) become due and payable upon the creation of any lien or other encumbrance on the related Property; or
(ii) requires the consent of the related lender to the creation of any such lien or other encumbrance on the related Property, then, for so long as such Home Loan is included in the Grantor Trust, the Servicer, on behalf of the Grantor Trustee, shall exercise any right the Grantor Trustee may have as the lender of record with respect to such Home Loan (x) to accelerate the payments thereon or (y) to withhold its consent to the creation of any such lien or other encumbrance, in a manner consistent with Accepted Servicing Standards.
(c) Nothing in this Section 7.01 shall constitute a waiver of the Grantor Trustee's right to receive notice of any assumption of a Home Loan, any sale or other transfer of the related Mortgaged Property or the creation of any lien or other encumbrance with respect to such Mortgaged Property.
DUE. Sixty (60) days from the change or from the Department’s request.
DUE. Upon execution of the Contract, upon renewal or extension of the Contract, and within thirty-five (35) calendar days of the date of a written request by the Department.
DUE. Ten (10) Business Days from the date the documents or plans are requested by the Department; and ten (10) Business Days from the request by the Department to make a change for updated documents.
DUE. Within 10 Business Days following the State’s request for that information, unless the State agrees to a longer period of time in writing.
DUE. Semi-annually on November 1, reporting for the period of April 1 through September 30; and May 1, reporting for the period of October 1 through March 30; except that the deliverable due November 1, 2014 will be for the reporting period of July 1, 2014 through September 30, 2014.
DUE. Tenant must pay Rent in advance on or before the first (1st) day of each month beginning on the first month of the Lease term. Tenant will incur Late Fees on the 6th day of the month.
DUE. Within forty-five (45) Business Days after the Effective Date The Contractor shall review its Long-Range Plan on an annual basis and determine if any changes are required to account for any changes in the Work, in the Department’s processes and procedures or in the Contractor’s processes and procedures. The Contractor shall submit an Annual Long-Range Plan Update that contains all changes from the most recently approved prior Long-Range Plan, Annual Long-Range Plan Update or Interim Long-Range Plan Update or shall note that there were no changes.
DUE. If the Lease term expires before the credit is exhausted, the unexhausted portion of the credit shall be refunded to Tenant within 30 days after the later of the date (i) the term of this Lease expires, or (ii) of Tenant's request for the refund. The actual amount of Tenant's Pro Rata Share of Real Estate Taxes shall be determined separately for each Lease Year, compared to actual tax bills received. Landlord shall provide proof thereof at Tenant's request
DUE on-Sale Clauses; Assumption Agreements Section 3.07 Release of Mortgage Files Section 3.08 Documents, Records and Funds in Possession of Master Servicer to Be Held for Trustee Section 3.09 Standard Hazard Insurance and Flood Insurance Policies Section 3.10 Presentment of Claims and Collection of Proceeds Section 3.11 Maintenance of the Primary Mortgage Insurance Policies Section 3.12 Trustee to Retain Possession of Certain Insurance Policies and Documents Section 3.13 Realization Upon Defaulted Mortgage Loans Section 3.14 Compensation for the Master Servicer Section 3.15 REO Property Section 3.16 Annual Officer's Certificate as to Compliance Section 3.17 Annual Independent Accountant's Servicing Report Section 3.18 Reports Filed with Securities and Exchange Commission Section 3.19 [Reserved] Section 3.20 UCC Section 3.21 Optional Purchase of Defaulted Mortgage Loans