Default Period. In a case where the Lessee has neglected to submit rent payment for a number of days, the Lessor will be entitled to assess a penalty amount. Record the number of days after the missed due date the Lessor shall wait before adding an owed penalty amount to the original rent amount the Lessee owns. (25) Nonpayment Penalty. The penalty payment the Lessor will add to the unpaid rent amount in default should be identified in this lease. This can be set to be calculated as a per annum percentage that is added for every day the rent is overdue or as a flat fee charged for every day the rent is overdue by selecting the appropriate checkbox statement then documenting either the percentage rate the Lessor will use or the flat fee dollar amount. Only one of these statements may be applied and considered valid if the information it requests is presented. 18. Miscellaneous Terms (26)
Default Period. If the Tenant has violated this lease in a way that implies he or she will not honor its contents and/or continue residing in the premises without any notice given by him or her, then the Landlord will need to pursue any actions needed to collect any money owed. Before the Landlord can take such measures he or she will often be required by the local jurisdiction to give the Tenant notice of this status. The number of days the Landlord will wait for a Tenant response before continuing to the next stage should be documented. Occupants (18)
Default Period. Subject to cure provisions, a Default Period with respect to a particular series of Tortoise Notes will commence on any date the Company fails to deposit irrevocably in trust in same-day funds, with the Paying Agent by 12:00 noon, New York City time,
Default Period. Subject to the cure provisions in paragraph 2(e)(iii) below, a "Default Period" will commence on any date the Trust fails to deposit irrevocably in trust with the Auction Agent, not later than 12:00 Noon, New York City time, (A) on any Dividend Payment Date, in funds available on such Dividend Payment Date in The City of New York, New York, the full amount of any dividend (whether or not earned or declared) to be paid on such Dividend Payment Date on the Preferred Shares (a "Dividend Default") or (B) on any redemption date set by the Trust with respect to any Preferred Shares, in funds available on such redemption date in The City of New York, New York, the full amount of any Redemption Price to be paid on such redemption date for any Preferred Shares with respect to which a Notice of Redemption has been mailed pursuant to paragraph 8(c) of Part I of this Section 11.1 (a "Redemption Default," and together with a Dividend Default, hereinafter referred to as a "Default"); provided, however, that the foregoing clause (B) shall not apply to the Trust's failure to pay the Redemption Price in respect of Preferred Shares when the related Notice of Redemption provides that redemption of such shares is subject to one or more conditions precedent and any such condition precedent shall not have been satisfied at the time or times and in the manner specified in such Notice of Redemption. Subject to the cure provisions of paragraph 2(e)(iii) below, a Default Period with respect to a Dividend Default or a Redemption Default shall end on the Business Day on which, by 12:00 noon, New York City time, all unpaid dividends and any unpaid Redemption Price, as applicable, shall have been deposited irrevocably in trust in same-day funds with the Auction Agent. The Applicable Rate for each Dividend Period commencing during a Default Period will be equal to the Default Rate, and each subsequent Dividend Period commencing during a Default Period shall be a Minimum Rate Period; provided, however, that the commencement of a Default Period will not by itself cause the commencement of a new Dividend Period. No Auction shall be held during a Default Period. The "Default Rate" shall be equal to the Reference Rate multiplied by three (3).
Default Period. In a case where the Lessee neglected to send the rent payment for a number of days, the Lessor will have the right to assess a penalty amount. Register the number of days after the missed expiration date the Lessor will have to wait before adding a penalty amount due to the original rent amount Lessee owns. (25) Pen of non-payment. The payment of the penalty that Lessor will add to the amount of the unpaid rent in default should be identified in this lease. This can be set to be calculated as a percentage of each year which is added for each day the rent is late or as a flat fee charged for each day the rent is late selecting the appropriate statement of the checkbox then documenting both the percentage rate that the Lessor will use or the dollar amount to flat payment. Only one of these statements can be applied and considered valid if the requested information is submitted. 18. Various terms (26) Municipality of government. The neighborhood, the city, or the county whose statutes determine whether advertisements are appropriate or not on this property must be established in this documentation. 22. Government law (27) State. Report the name of the state in which the rental property is physically located. 23. Notices (28)
Default Period. In a case where the Lessee has neglected to submit rent payment for a number of days, the Lessor will be entitled to assess a penalty amount.
Default Period. If the tenant has violated this lease in a way that implies that he or she will not honor his content and/or will continue to reside in the premises without any notice given by him or her, then Landlord will have to pursue any action necessary to collect any money due. Before Landlord can take such measures, he or she will often be required by local jurisdiction to give the tenant notice of this status. The number of days Landlord will wait for a tenant response before continuing the next phase should be documented. Employment (18) Employees on the property. Report the maximum number of occupants who can live with the Lieutenant on the property for the duration of this lease without requiring additional Landlord approval. Sublet Option. Indicate whether the tenant will be allowed to subsidize the property to a third party (sublease tenant) and act as the owner of a separate agreement with that SubTenant or if this will not be approved by the Landlord. It should be noted that any sublease arrangement which the tenant wishes to make must be submitted for approval to the Landlord in this agreement. Utility and Services (20) Landlord Responsibility. This document must deal with the problem of utilities and services that must be paid for the maintenance of a property or a local. To quickly solidify who has to pay for these items, a default list of what Landlord can be set to get and maintain financially for the duration of the lease. Just check every element, Landlord will be responsible. (21)
Default Period. In the event of a material breach by either party to this Agreement, this Agreement may be terminated by the non-defaulting party if such default is not cured within ten (10) days after the delivery of written notice of such default to the defaulting party. The ten (10) day notice, however, shall not apply to any breach by a party resulting from fraud, criminal, intentional or reckless misconduct. Any breach resulting from fraud, criminal, intentional or reckless misconduct shall result in the contract being terminated upon written notice being provided to the defaulting party.
Default Period. The Negotiation Period is an extension of the time afforded the Grantee to respond to the Owners’ first offer. The thirty-day period specified is a placeholder. Any number of days or months may be chosen.
Default Period. If the Lessee has violated this lease in a way that assumes that he will not honor his content and / or continue to live in the premises without notice by him, then the Owner will have to take all measures necessary to collect
