Failure to Pay Amounts Due Clause Samples
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Failure to Pay Amounts Due. If the Borrower fails to pay any amount due under the Loan Transaction Agreement by the due date. However, if the default arises from a technical defect in the bank-to-bank transfer, such default shall not constitute a breach provided that the payment is made within one (1) business day after the defect is resolved.
Failure to Pay Amounts Due. Recipient fails to pay any sum due under this Grant Agreement or any other Grant Document within the time specified herein or therein.
Failure to Pay Amounts Due. If any Initial Shareholder fails to pay a Capital Contribution or any other assessment within ten (10) days of the due date specified on a capital call billing, he shall be considered a "Non-Contributing Initial Shareholder". Another Initial Shareholder or other Initial Shareholders shall have the right to advance directly to the Company the funds required from the Non-Contributing Initial Shareholder (a "Contribution Loan").
Failure to Pay Amounts Due. If Buyers fail to pay the full amount of any undisputed amount of any invoice within thirty (30) days after the applicable Due Date, such failure shall be considered a material breach of this Agreement (except to the extent of any invoiced amounts reasonably disputed by Buyers in good faith and of which dispute Buyers have notified BioScrip in accordance with the requirements of this Agreement).
Failure to Pay Amounts Due. The failure by Tenant to make any payment of rent or any other payment required to be made by Tenant hereunder, as and when due
Failure to Pay Amounts Due. If Processor fails to remit the full amount payable by Processor when due, interest on the unpaid portion will accrue from the Due Date until paid at a rate equal to the lower of (i) the then-effective Prime Rate of interest published under “Money Rates” by The Wall Street Journal plus two percent (2%) from the Due Date until the date of payment; or (ii) the maximum applicable lawful interest rate. If any undisputed amount remains unpaid for sixty (60) or more days after the Due Date, Producer will have the right, in addition to all of its other remedies at law or in equity, to suspend or discontinue Gas deliveries to Processor hereunder until such amount is paid in full with interest. Producer may notify Processor, in writing, after such sixty (60) day period, and Processor will have ninety (90) days from the date of notice to remedy such nonpayment. If any undisputed amount remains unpaid for ninety (90) or more days after Producer notifies Processor in writing of such nonpayment, Producer, in addition to all its other remedies at law or in equity, shall have the right to terminate this Agreement upon written notice to Processor.
Failure to Pay Amounts Due. If any Partner:
(a) elects to pay his Initial Capital Contributions in two installments, and fails to pay the second installment when due, the Partner may, after 30 days’ notice and with approval of the General Partners, shall automatically forfeit all amounts previously paid as an Initial Capital Contribution, and the General Partner may resale the forfeited Interests at the price offered in the Offering.
(b) fails to pay a Capital Contribution or any other assessment within ten (10) days of the due date specified on a capital call billing, the General Partner shall send a written notice thereof to the Partner, and if the Partner fails to pay the entire required amount within ten (10) days of the date of such notice the Partner shall be considered a “Non-Contributing Partner.” If a Partner becomes a Non-Contributing Partner, the General Partner shall immediately give written notice of such fact to each Partner and for a period of five (5) business days after the date of such notice each other Partner shall have the right to advise the General Partner in writing of such Partner’s desire to advance directly to the Partnership, on behalf of the Non-Contributing Partner, the funds required from the Non-Contributing Partner (a “Contribution Loan”). If within the five (5) day period more than one Partner advises the General Partner of the Partner’s desire to make a Contribution Loan, such Partners shall lend the funds to the Non-Contributing Partner in proportion to their respective Percentage Interests. At the expiration of the five (5) day period, the General Partner shall advise each Partner indicating a desire to make a Contribution Loan of the amount such Partner is to advance to the Partnership and the date on which the funds are due and payable to the Partnership. If any Partner makes a Contribution Loan, such Partner shall be considered a “Contributing Partner.” The Contribution Loan shall be considered a loan to the Non-Contributing Partner and neither the Partnership nor any other Partner shall have any liability or obligation for the repayment of the Contribution Loan. The Contribution Loan shall mature and be due and payable in full on the date which is ninety (90) days after the date the Contribution Loan is made. Within ten (10) days after the date a Contributing Partner makes a Contribution Loan, the General Partner shall give written notice of the Contribution Loan to the Non-Contributing Partner and such notice shall also specify the maturity d...
Failure to Pay Amounts Due. Galaxy fails to pay any amount due hereunder, which failure is not remedied within fifteen (15) days following receipt by Galaxy of a written demand for payment by SFI unless such payment is being withheld by Galaxy in good faith in connection with a bona fide dispute between SFI and Galaxy relating to a specific shipment(s) of Product, with such withholding to only apply to the specific shipment(s) of Product to which Galaxy has asserted a dispute with reasonable particularity.
Failure to Pay Amounts Due. (a) If Seller fails to pay the Termination Fee or any amounts payable by it pursuant to Section 6.4, when due, and, in order to obtain such payment, Purchaser commences a suit that results in a judgment against Seller for such amount, Seller shall pay to Purchaser its costs and expenses (including attorneys’ fees and expenses) in connection with such suit, together with interest on such amount from the date such payment was required to be made pursuant to Section 6.4 or Section 6.5 until the date of payment at the rate per annum three hundred (300) basis points over the “prime rate” (as announced by ▇▇ ▇▇▇▇▇▇ or any successor thereto) in effect on the date such awarded amount was originally required to be paid.
Failure to Pay Amounts Due. If you fail to pay your account by the due date, we will send you a reminder notice. The reminder notice will: Gattard House, Triq Nazzjonali, Blata l- ▇▇▇▇▇, Malta WSC Offices, Triq ta' Wara s-Sur Victoria, Gozo Customer Contract - Issue 5 state that payment is immediately due state that you should contact us if you are having difficulty making payment; and provide you with an explanation of the possible repercussions arising from non- payment of your dues. These may include disconnection of service. 9
6. Disconnection of supply for non- payment:
7. Disconnection for other reasons:
8. Limitations on disconnection Restoration of supply after disconnection
1. Relief of liability: You can only be relieved of your liability for the payment of the service charge and water consumption once you apply with us to that effect, on the appropriate forms, and have paid any amount that may be due to us.