Default Payments. If an Event of Default occurs, Lessee will indemnify and pay to Lessor on demand against any loss (including loss of profit), damage, expense, cost or liability that Lessor may sustain or incur directly or indirectly as a result, including:
Default Payments. In addition to the default interest set forth above, if Customer defaults in the payment of any sum due hereunder, Customer shall pay to Syringa Networks a late charge equal to five percent (5%) of the overdue amount. The parties hereby agree that such late charge represents a fair and reasonable estimate of the costs Syringa Networks will incur by reason of late payment of Customer. Acceptance of such late charge by Syringa Networks shall in no event constitute a waiver of Customer’s default with respect to such overdue amount, nor prevent Syringa Networks from exercising any of the other rights and remedies granted hereunder.
Default Payments. In the circumstance of payment default, Applicant consents and authorizes the School and all persons or agencies acting on its behalf, without further notice, to conduct an investigation into Applicant’s credit worthiness prior to determining a modified payment plan to help bring Applicant’s account current. The School maintains its right, at its sole discretion, to report default to the credit bureaus. Applicant waives any and all claims past, present, or future against the School regarding credit investigation caused by Applicant’s default.
Default Payments. Sublessee shall be liable for:
Default Payments. Without prejudice to any other rights available to the Seller, the Customer shall be liable for any legal or other collection costs on overdue accounts.
Default Payments. In the event that a Default Payment becomes due from Maker to Holder as provided in Section 3, the issuance of common stock in satisfaction of such Default Payments shall be at the price per share equal to the average of the closing price of the Company’s common stock on the US Nasdaq Over the Counter Bulletin Board Market on each of the ten (10) trading days preceding (a) the date on which such Default Payment becomes due, or (b) the date on which such Default Payment is made, whichever is lower.
Default Payments. Lessee shall be liable for:
Default Payments. 57 13.5 Survival........................................................ 58 14. ASSIGNMENT, NOVATION 14.1 Lien............................................................ 58 14.2 Lease Assignment/Novation....................................... 58 15. ILLEGALITY............................................................. 59
Default Payments. If the Company is in default with the payment of the Qualified Lead Consideration or Profit Sharing Consideration to Xxxxxxx or GFV, then without limiting any of Xxxxxxx’x or GFV’s, as the case may be, rights or remedies, the Company shall pay Xxxxxxx or GFV, as the case may be, interest on such unpaid amount at a rate equal to [***] commencing thirty (30) days after such amount are due and owing; provided, that such interest shall not accrue on any portion of the unpaid amount that is disputed in good faith by the Company.
Default Payments. 58 14. ASSIGNMENT .............................................................. 59 15. ILLEGALITY .............................................................. 60
