Arrearage. Seller reserves all claims and causes of action against --------- tenants and others who are in arrears or who shall be obligated to pay monies in the future which are for the benefit of Seller, and Buyer shall provide its reasonable cooperation to Seller in pursuing such arrearage. Buyer shall use reasonable efforts to collect all sums in arrears as of the closing Date due to Seller, but shall not be required to commence or prosecute any litigation. Seller may not commence and prosecute litigation against any tenant for rents in arrears as long as such tenant remains a tenant of the Property, unless the statute of limitations will expire within the succeeding sixty (60) day period. To the extent that Buyer receives payments from tenants for sums due prior to the Closing Date, which can be verified based upon invoices or other applicable xxxxxxxx, such payments, including rents, shall be promptly remitted by Buyer to Seller.
Arrearage. Seller shall make and monitor all shipments and deliveries in accordance with the shipment schedules specified in K-C’s shipping instructions. When Seller becomes aware that it may be unable to ship any quantity of Pulp hereunder in accordance with K-C’s specified delivery schedule, Seller shall immediately notify K-C both orally and in writing of this possibility, and the parties shall determine whether Seller can effect delivery to meet K-C’s requirements. If, after discussion with Seller, K-C reasonably determines, in its sole good faith judgment, that Seller will not be able to make a delivery in time to meet K-C’s requirements, K-C shall have the right to obtain delivery of the required quantities of Pulp from an alternate supplier. In the event that K-C is required to purchase Pulp from another supplier pursuant to this Section 5.02, Seller shall pay K-C the difference between the higher price paid by K-C for Pulp on the open market and the price K-C would have paid to Seller if Seller had supplied Pulp as required by this Agreement, plus liquidated damages equal to ten percent (10%) of such difference, in lieu of any other direct, indirect, incidental, special or consequential damages arising from such failure to deliver. Purchases by K-C of Pulp from another supplier pursuant to this Section 5.02 shall be deducted from K-C’s Annual Purchase Obligation and Seller’s Annual Supply Obligation.
Arrearage. By submitting a response to this Solicitation, a vendor shall be deemed to represent that it is not in arrears in the payment of any obligation due and owing the State of Maryland, including payment of taxes and employee benefits, and that it shall not become so in arrears during the term of the contract if solicited for contract award.
Arrearage. AT&T shall pay $11,329.63 as the fee for the holdover term from September 20, 2017 to November 20, 2017 within ten (10) days from the date of City Council approval.
Arrearage. In the event Marriott is in arrears in the payment of contributions, it shall be liable to any Host, spouse, and/or dependent for loss of benefits resulting therefore.
Arrearage. As of the date hereof, the principal balance of the Loan is $9,669,173.04. The Note is in default, has been accelerated, and in addition to the principal balance, Lazarus owes to Lien Holder the following amounts for interest (including post default interest and late charges), attorneys’ fees and related costs incurred by Lien Holder (including attorneys’ fees, filing fees and expenses incurred by Lien Holder for review, preparation and finalization of this Agreement and documents executed in connection herewith), taxes paid by Lien Holder and annual renewal fees paid by Lien Holder to the United States Department of Agriculture in relation to the Loan (collectively the “Arrearage”) in the amount of $1,356,081.98. The Arrearage also includes the principal portions of past due monthly payments and the principal portions of monthly payments that will accrue between the Effective Date and the payment of the entire Arrearage. Section 4 of this Agreement provides a mechanism for paying the Arrearage. If Lien Holder incurs any additional expenses or advances additional funds due to Lazarus’ failure to perform any covenants under the Loan Documents, such amounts shall be part of the Arrearage. The Arrearage must be fully paid by the expiration of the Extended Forbearance Period.
Arrearage. Owner acknowledges that the sum of Nine Hundred and Twenty and No/100 Dollars ($920.00) (the “Arrearage”) is due and owing to the County attributable to administrative costs and attorney’s fees.
Arrearage. The Contractor agrees that it shall make diligent efforts to avoid becoming in arrears during the term of any Contract awarded hereunder.
Arrearage. By submitting a Bid in response to this solicitation, the individual or firm submitting the bid shall be deemed to represent that it is not in arrears in the payment of any obligation due and owing FW, the Commonwealth of Virginia, or any public body in the Commonwealth of Virginia, including but not limited to any obligation to pay taxes and/or employee benefits. Bidder further agrees that it shall make diligent efforts to avoid becoming in arrears during the Term of any Contract awarded hereunder.
Arrearage. As of the date of this Agreement, the total amount that is owed for the administrative costs, staff costs, and attorney’s fees is Five Thousand Eight Hundred Eight Dollars and 56/100 Dollars ($5,808.56) (the “Arrearage”). The total amount of fines that will be waived is Twenty-One Thousand One Hundred Seventy-Five and No/100 Dollars ($21,175.00) (the “Fines”). Subject to the County’s approval, the Fines will be waived as part of the release of lien. The total amount of the lien is Twenty-Six Thousand Nine Hundred Eight-Three and 56/100 Dollars ($26,983.56).
