Common use of Failure to Pay Sums Due Clause in Contracts

Failure to Pay Sums Due. Either Party’s failure to pay any uncontested sums payable under this Agreement when and as the same shall become due and payable and such failure shall continue for a period of ten (10) days after written notice (specifying the item not paid) thereof from the other Party to the defaulting Party;

Failure to Pay Sums Due. Either Party’s party's failure to pay any uncontested sums payable under this Agreement when and as the same shall become due and payable and such failure shall continue for a period of ten thirty (1030) days after written notice (specifying the item not paid) thereof from the other Party to the defaulting Party;party specifying the sums not paid.

Failure to Pay Sums Due. Either Partyparty’s failure to pay any uncontested sums payable under this Agreement when and as the same shall become due and payable and such failure shall continue for a period of ten five (105) business days after written notice (specifying the item not paid) thereof from the other Party party to the defaulting Party;party.