Timely Demand Sample Clauses

The Timely Demand clause requires that any requests, claims, or demands under the contract be made within a specified period after the relevant event occurs. In practice, this means that if a party believes they are entitled to additional payment, time, or another remedy, they must notify the other party promptly—often within days or weeks of the triggering event. This clause ensures that issues are raised and addressed quickly, preventing delays and disputes caused by late or unexpected claims, and thereby promoting efficient contract administration.
Timely Demand. In the event that the Lender fails to make demand on Ex-Im Bank on behalf of a Noteholder within the time period required in Section 8.02(b)(vi), the Guarantee of the unpaid installment of principal and/or interest as to which the Lender did not make such timely demand shall automatically terminate with respect thereto. This termination shall be without prejudice to the right of the Lender, on behalf of a Noteholder, to make demand on Ex-Im Bank under this Agreement for any other due and unpaid installments of principal or interest on any Note.
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Timely Demand. In the event that the [NAME OF BANK] fails to make demand on DOT within the time period required in Section 2.02(vi), the Guarantee of the unpaid installment of principal and/or interest as to which such timely demand was not made shall automatically terminate with respect thereto. This termination shall be without prejudice to the right of the [NAME OF BANK] to make demand on DOT under this Agreement in respect of any other due and unpaid installment(s) of principal or interest.
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Timely Demand. 7 2.04 Prohibited Amendments or Transfers.................................. 7 2.05 No Acceleration..................................................... 8 2.06 Guarantee Fee....................................................... 8 2.07 Revocation of Borrower's Payment.................................... 8
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Timely Demand. In the event that the Agent, on behalf of the Tranche A Lenders, fails to make demand on the Board within the time period required in Section 4.02(vi), the Guarantee of the unpaid installment of principal and/or interest as to which such timely demand was not made shall automatically terminate with respect thereto. This termination shall be without prejudice to the right of the Agent, on behalf of the Tranche A Lenders, to make demand on the Board under this Agreement in respect of any other due and unpaid installments of principal or interest.
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Timely Demand. In the event that the Lessor fails to make demand on Ex-Im Bank on behalf of an Interestholder within the time period required in Section 8.02(b)(vi), the Guarantee of the unpaid installment of Guaranteed Rent as to which such timely demand was not made shall automatically terminate with respect thereto. This termination shall be without prejudice to the right of the Lessor, on behalf of an Interestholder, to make demand on Ex-Im Bank under this Agreement for any other due and unpaid installments of Guaranteed Rent under any Lease Agreement or Lease Supplement.
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Timely Demand. In the event that the Agent fails to make demand on Ex-Im Bank on behalf of a Lender within the time period required in Section 8.02(b)(vi), the Guarantee of the unpaid installment of principal and/or interest as to which the Agent did not make such timely demand shall automatically terminate with respect thereto. This termination shall be without prejudice to the right of the Agent, on behalf of a Lender, to make demand on Ex-Im Bank under this Agreement for any other due and unpaid installments of principal or interest on any Note.
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Related to Timely Demand

  • Timely Notice Failure to timely provide such notice required by subsection (g) above shall entitle Warrantholder to retain the benefit of the applicable notice period notwithstanding anything to the contrary contained in any insufficient notice received by Warrantholder. The notice period shall begin on the date Warrantholder actually receives a written notice containing all the information specified above.

  • Physical Demand Sitting; standing; walking; close vision; use of hands to finger, handle, or feel objects, tools or controls.

  • Form S-1 Demand If at any time after the earlier of (i) three (3) years after the date of this Agreement or (ii) one hundred eighty (180) days after the effective date of the registration statement for the IPO, the Company receives a request from Holders of at least thirty percent (30%) of the Registrable Securities then outstanding that the Company file a Form S-1 registration statement, then the Company shall (i) within ten (10) days after the date such request is given, give notice thereof (the “Demand Notice”) to all Holders other than the Initiating Holders; and (ii) as soon as practicable, and in any event within sixty (60) days after the date such request is given by the Initiating Holders, file a Form S-1 registration statement under the Securities Act covering all Registrable Securities that the Initiating Holders requested to be registered and any additional Registrable Securities requested to be included in such registration by any other Holders, as specified by notice given by each such Holder to the Company within twenty (20) days of the date the Demand Notice is given, and in each case, subject to the limitations of Section 2.1(c) and Section 2.3.

  • Demand Upon termination of this contract, either party or the escrow agent may send a release of ▇▇▇▇▇▇▇ money to each party and the parties shall execute counterparts of the release and deliver same to the escrow agent. If either party fails to execute the release, either party may make a written demand to the escrow agent for the ▇▇▇▇▇▇▇ money. If only one party makes written demand for the ▇▇▇▇▇▇▇ money, escrow agent shall promptly provide a copy of the demand to the other party. If escrow agent does not receive written objection to the demand from the other party within 15 days, escrow agent may disburse the ▇▇▇▇▇▇▇ money to the party making demand reduced by the amount of unpaid expenses incurred on behalf of the party receiving the ▇▇▇▇▇▇▇ money and escrow agent may pay the same to the creditors. If escrow agent complies with the provisions of this paragraph, each party hereby releases escrow agent from all adverse claims related to the disbursal of the ▇▇▇▇▇▇▇ money.

  • Response to Demand Letter Within 10 days after the receipt of the Demand Letter, AstraZeneca shall either: (a) cure the breach to OIG’s satisfaction and pay the applicable Stipulated Penalties; or (b) request a hearing before an HHS administrative law judge (ALJ) to dispute OIG’s determination of noncompliance, pursuant to the agreed upon provisions set forth below in Section X.E. In the event AstraZeneca elects to request an ALJ hearing, the Stipulated Penalties shall continue to accrue until AstraZeneca cures, to OIG’s satisfaction, the alleged breach in dispute. Failure to respond to the Demand Letter in one of these two manners within the allowed time period shall be considered a material breach of this CIA and shall be grounds for exclusion under Section X.D. Corporate Integrity Agreement AstraZeneca