Deficiencies in Payments Sample Clauses

Deficiencies in Payments. Notwithstanding anything in this Supplement or the Base Indenture to the contrary, (i) any deficiency in payment to the Series 2010-3 Noteholders of the full Series 2010-3 Invested Amount of the Series 2010-3 Notes and any accrued and unpaid interest thereon shall remain due and shall be payable on the Series 2010-3 Final Maturity Date and thereafter to the Series 2010-3 Noteholders to the extent of recoveries, proceeds and other assets of RCFC allocable at any such time to the Series 2010-3 Notes, and (ii) any such deficiency in such full Series 2010-3 Invested Amount and accrued unpaid interest thereon shall be paid before any distribution in such period of any amounts in respect of the Retained Interest. The Series 2010-3 Invested Amount shall be due and payable in full on the Series 2010-3 Final Maturity Date.
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Deficiencies in Payments. Notwithstanding anything in this Supplement or the Base Indenture to the contrary, and notwithstanding the prior distribution to the Series 2007-1 Noteholders of the Invested Amount, any deficiency in payment to the Series 2007-1 Noteholders of the full Series 2007-1 Invested Amount of the Series 2007-1 Notes and any accrued and unpaid interest thereon (i) shall remain due and shall be payable on each Payment Date and on the Series 2007-1 Termination Date to the Series 2007-1 Noteholders to the extent of recoveries, proceeds and other assets of RCFC allocable at any time to the Series 2007-1 Notes, and (ii) any deficiency in such full Series 2007-1 Invested Amount and accrued unpaid interest thereon shall be paid before any distribution in any period of any amounts in respect of the Retained Interest. The Series 2007-1 Outstanding Principal Amount shall be due and payable in full on the Series 2007-1 Termination Date.
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Deficiencies in Payments. Notwithstanding anything in this Supplement or the Base Indenture to the contrary, and notwithstanding the prior distribution to the Series 2001-1 Noteholders of the Invested Amount, any deficiency in payment to the Series 2001-1 Noteholders of the full principal amount of the Series 2001-1 Notes and any accrued and unpaid interest thereon (i) shall remain due and shall be payable on each Payment Date to the Series 2001-1 Noteholders to the extent of the sufficiency of recoveries, proceeds, or other assets of the Issuer allocable at any time to the Series 2001-1 Notes, and (ii) any deficiency in such full principal amount and accrued unpaid interest thereon shall be paid before any distribution in any period of any amounts in respect of the Retained Interest.
Sample 1
Deficiencies in Payments. Notwithstanding anything in this Supplement or the Base Indenture to the contrary, and notwithstanding the prior distribution to the Series 2003-1 Noteholders of the Invested Amount, any deficiency in payment to the Series 2003-1 Noteholders of the full Series 2003-1 Invested Amount of the Series 2003-1 Notes and any accrued and unpaid interest thereon (i) shall remain due and shall be payable on each Payment Date and on the Series 2003-1 Termination Date to the Series 2003-1 Noteholders to the extent of recoveries, proceeds, and other assets of RCFC allocable at any time to the Series 2003-1 Notes, and (ii) any deficiency in such full Series 2003-1 Invested Amount and accrued unpaid interest thereon shall be paid before any distribution in any period of any amounts in respect of the Retained Interest. The Series 2003-1 Outstanding Principal Amount shall be due and payable in full on the Series 2003-1 Termination Date.
Sample 1
Deficiencies in Payments. Notwithstanding anything in this Supplement or the Base Indenture to the contrary, and notwithstanding the prior distribution to the Class A Noteholders, the Class B Noteholders, the Class C Noteholders, or the Class D Noteholders of the Invested Amount of any such Class, any deficiency in payment to the Noteholders of such Class of the full principal amount of the Notes of such Class and any accrued and unpaid interest thereon (i) shall remain due and shall be payable on each Distribution Date to the Noteholders, first to the Class A Noteholders, then to the Class B Noteholders, then to the Class C Noteholders, and then to the Class D Noteholders, to the extent of the sufficiency of recoveries, proceeds, or other assets of the Issuer allocable at any time to the Series 1999-1 Notes, and (ii) any deficiency in such full principal amount and accrued unpaid interest thereon shall be paid before any distribution in any period of any amounts in respect of the Retained Interest.
Sample 1
Deficiencies in Payments. If a verification or other audit discloses an underpayment or underreporting or late payment to BTG of any royalties or other payments due to BTG, AVIGEN shall pay the unreported or underpaid royalties and/or any late charges as required by Section 6.07 of this Agreement, within thirty (30) days of being notified of the same. If the verification discloses an underpayment to BTG of more than five percent (5%) of the amount properly due in any calendar year pursuant to this Agreement, AVIGEN shall promptly reimburse BTG's cost of undertaking the verification provided for in this Article 7.
Sample 1

Related to Deficiencies in Payments

  • ALL-IN PAYMENTS It is agreed all-in payments breach the award and this Agreement. All-in payments to employees will not be made. Where it is alleged all-in payments are being made, the provisions of the VBIA shall apply.

  • Default in Payment Any payment not made within ten (10) business days after it is due in accordance with this Agreement shall thereafter bear interest, compounded annually, at the prime rate in effect from time to time at Citibank, N.A., or any successor thereto. Such interest shall be payable at the same time as the corresponding payment is payable.

  • Certain Payments Without the prior consent of the Dealer Manager, none of the Company, the Advisor or any of their respective affiliates will make any payment (cash or non-cash) to any associated Person or registered representative of the Dealer Manager.

  • CALL-IN PAY 14.01 An employee who is called in to work outside their regularly scheduled hours shall be paid a minimum of four (4) hours pay at their applicable rate whenever there is a break between the employee's regularly scheduled hours and the work the employee is called to perform.

  • Report-In Pay A. A regular full-time employee who reports to work on a regularly scheduled work day without previous notice not to report shall receive a minimum of four (4) hours work (or four (4) hours pay in lieu thereof) at the applicable hourly rate.

  • Delay in Payment Notwithstanding anything else to the contrary in this Agreement, the BEP, or any other plan, contract, program or otherwise, the Company (and its affiliates) are expressly authorized to delay any scheduled payments under this Agreement, the BEP, and any other plan, contract, program or otherwise, as such payments relate to the Executive, if the Company (or its affiliate) determines that such delay is necessary in order to comply with the requirements of Section 409A of the Internal Revenue Code. No such payment may be delayed beyond the date that is six (6) months following the Executive’s separation from service (as defined in Section 409A). At the end of such period of delay, the Executive will be paid the delayed payment amounts, plus interest for the period of any such delay. For purposes of the preceding sentence, interest shall be calculated using the six (6) month Treasury Xxxx rate in effect on the date on which the payment is delayed, and shall be compounded daily. If the conditions of the severance exception under Treasury Regulation Section 1.409A-1(b)(9)(iii) (or any successor Regulation thereto) are satisfied, payment of benefits shall not be delayed for six (6) months following termination of employment to the extent permitted under the severance exception.

  • Default in Payment of Principal of Loans and Reimbursement Obligations The Borrower shall default in any payment of principal of any Loan or Reimbursement Obligation when and as due (whether at maturity, by reason of acceleration or otherwise).

  • REPORTING IN PAY 22.01 Any employee who has not been notified in advance “not to report for work”, and who reports for his regular scheduled shift, will be given at least four (4) hours work. If no work is available, he will be paid for a minimum of four (4) hours, at his base hourly rate.

  • Changes in Payment Instructions to Obligors The Borrower will not make any change, or permit the Collateral Manager to make any change, in its instructions to Obligors regarding payments to be made with respect to the Collateral to the Collection Account, unless (x) the change in such instructions is to comply with the terms of the Transaction Documents or (y) the Administrative Agent has consented to such change.

  • IN PAY An employee who has not been notified in advance by telephone call, answering device, or letter "not to report for work", and who reports for scheduled shift, will be given at least four (4) hours work, and if no work is available, will be paid for a minimum of four

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