EARLY PAYABILITY Sample Clauses

EARLY PAYABILITY. - Liquidation or court-ordered recovery, or cessation of operation by BORROWER - Failure by BORROWER to fulfill any of the commitments it has entered into in this Agreement, particularly under Article 9 ("Commitments by Borrower") - Non-payment when due of a sum that has become payable pursuant to this Agreement - Merger, demerger, dissolution, or a change in the activity of BORROWER If any of the above cases occurs, BANK may demand payment of all amounts due to it eight days after notification by sending a certified letter to BORROWER.
Sample 1
AutoNDA by SimpleDocs
EARLY PAYABILITY. 11.1 If applicable, after the expiration of the periods cited hereinafter, the total of the sums in principal, interest, commission, costs and incidental expenses of any kind payable to the Lender under this Agreement will become legally payable on simple written notification from the Lender sent to the Borrower without requiring prior official notification, in the event that any of the following Cases of Early Payability occur:
Sample 1

Related to EARLY PAYABILITY

  • Early Payments The Obligor on the Receivable has made, or will make, the first two monthly payments under such Receivable.

  • BASIC LEASE TERMS For purposes of this Lease, the following terms have the following definitions and meanings:

  • Premium Recapture With respect to any Mortgage Loan without Prepayment Penalties that prepays in full during the first 90 days following the related Closing Date, and with respect to any Mortgage Loan that is repurchased pursuant to Subsection 9.04, the Seller shall pay the Purchaser, within 30 calendar days after giving notice of such prepayment in full or repurchase, an amount equal to the excess of the Purchase Price Percentage for such Mortgage Loan over par, multiplied by the outstanding principal balance of such Mortgage Loan as of the related Cut-off Date.

  • PREMIUM DUE 4 b. FAILURE TO PAY PREMIUMS.............................................5 c.

  • Early Possession If Lessee totally or partially occupies the Premises prior to the Commencement Date, the obligation to pay Base Rent shall be abated for the period of such early possession. All other terms of this Lease (including but not limited to the obligations to pay Real Property Taxes and insurance premiums and to maintain the Premises) shall, however, be in effect during such period. Any such early possession shall not affect the Expiration Date.

  • Payment of Basic Rent Basic Rent shall be paid absolutely net to Lessor or its designee, so that this Lease shall yield to Lessor the full amount thereof, without setoff, deduction or reduction.

  • Payment of Premium Increases (a) As used herein, the term "

  • Sublease Rent Limitation Anything contained in this Lease to the contrary notwithstanding, Lessee shall not sublet the Leased Property on any basis such that the rental to be paid by the sublessee thereunder would be based, in whole or in part, on either (a) the income or profits derived by the business activities of the sublessee, or (b) any other formula such that any portion of the Rent would fail to qualify as “rents from real property” within the meaning of Section 856(d) of the Code, or any similar or successor provision thereto.

  • Payment upon Early Termination (a) Within three (3) calendar days after an Early Termination Effective Date, the Corporate Taxpayer shall pay to each TRA Party an amount equal to the Early Termination Payment in respect of such TRA Party. Such payment shall be made by wire transfer of immediately available funds to a bank account or accounts designated by such TRA Party or as otherwise agreed by the Corporate Taxpayer and such TRA Party or, in the absence of such designation or agreement, by check mailed to the last mailing address provided by such TRA Party to the Corporate Taxpayer.

  • Lease Terms Except where a Railcar is being conveyed on a Closing Date and the related Series Supplement references this Section 5.01(w) and permits an exception hereto, each Railcar Conveyed on the relevant Delivery Date is subject to a Permitted Lease, which Lease (together with the other Leases that are or have been the subject of such Conveyances) contains rental and other terms which are no different, taken as a whole, from those for similar railcars in the Servicer’s Fleet.

Time is Money Join Law Insider Premium to draft better contracts faster.