Failure to Pay or Perform. If (a) any payment of principal and interest is not paid in full on or before the Payment Date on which such payment is due or if the Exit Fee is not paid in full when required, (b) if unpaid principal, accrued but unpaid interest and all other amounts outstanding under the Loan Documents are not paid in full on or before the Maturity Date or (c) there exists an uncured default under any of the Loan Documents which has been executed by Borrower and/or Guarantor and/or Manager, and such default is not cured within the grace or cure period, if any, provided in any of such Loan Documents.
Failure to Pay or Perform. If Client fails to pay when due any amount payable, fails to satisfy any condition Client is required to satisfy, or fails to observe or perform any agreement or obligation, under this Master Agreement, any Service Documentation, or any other agreement between Client and Bank;
Failure to Pay or Perform. Management may terminate this Agreement, without limitation on any other rights or remedies Owner or Management may have at law or in equity, if (i) Resident fails to pay any installment of Rent or any other charges as required under this Agreement and the failure continues for a period of ten days after notice from Management of the failure; (ii) Resident fails to comply with or perform any covenant or provision under this Agreement and the failure continues for 20 days after notice from Management of the failure; (iii) Resident fails to comply with the Iowa Uniform Residential Landlord and Tenant Law in a manner that materially affects health and safety and the failure continues for a period of five days after notice from Management; (iv) Resident breaches this Agreement in a material or irreparable manner; or (v) Resident commits an additional act of noncompliance during the Term of the Agreement that entitles Owner or Management to terminate the Agreement under the Iowa Uniform Residential Landlord and Tenant Law.
Failure to Pay or Perform. The failure of the Mortgagor to pay or perform the Obligations (and the lapse of any notice and cure period pertaining thereto), including the occurrence of a Tenant Event of Default under the Lease.
Failure to Pay or Perform. The failure, refusal or other default by the Owner in its duty: (1) to pay the amount required to be paid to the Design-Builder under this Design-Build Agreement within 60 days following the due date for such payment; or
Failure to Pay or Perform with respect to the IDB Invest Loan. (i) The Borrower fails to pay the IDB Invest Loan or fails to perform any of its obligations when due or as required under the IDB Invest Loan Agreement and any such failure continues for more than any applicable period of grace or (ii) the IDB Invest Loan is accelerated, becomes subject to mandatory prepayment or redemption or, prior to its stated maturity, otherwise becomes due or is placed on demand.
Failure to Pay or Perform. The failure, refusal or other default by the County in its duty: (a) to pay an amount required to be paid to the Company under this Contract within sixty (60) days following the due date for such payment; or
Failure to Pay or Perform. If (a) any payment of principal and/or interest due under this Note is not paid in full within ten (10) calendar days after the Payment Date on which such payment is due, (b) any payment of principal and/or interest due under that certain Promissory Note of even date herewith from Borrowers in favor of Lender in the 1942122 v3 Synovus/Emeritus Senior Living principal amount of $25,000,000 (the “Refinance Note”) is not paid in full within ten (10) calendar days after the Payment Date on which such payment is due, as set forth in the Refinance Note, (c) if unpaid principal, accrued but unpaid interest and all other amounts outstanding under this Note, the Refinance Note, or any other Loan Documents are not paid in full on or before the Maturity Date (or the Extended Maturity Date, if the Maturity Date is duly extended as set forth in Section 5 above) or (c) there exists an uncured default under any of the Loan Documents which has been executed by Borrowers and/or Guarantor and such default is not cured within the grace or cure period, if any, provided in any of such Loan Documents.
Failure to Pay or Perform. If (a) any payment of principal and interest is not paid in full on or before the Payment Date on which such payment is due or if the Loan Fee is not paid in full when required, (b) if unpaid principal, accrued but unpaid interest and all other amounts outstanding under the Loan Documents (defined below) are not paid in full on or before the Maturity Date or (c) there exists an uncured default under any other document or instrument evidencing or securing the Loan (collectively, the “Loan Documents”) which has been executed by Bxxxxxxxx and/or Guarantor or Manager, and such default is not cured within the grace or cure period, if any, provided in any of such Loan Documents.
Failure to Pay or Perform. Management may terminate this Agreement, without limitation on any other rights or remedies Owner or Management may have at law or in equity, if (i) Tenant fails to pay any installment of Rent or any other charges as required under this Agreement and the failure continues for a period of ten days after notice from Management of the failure; (ii) Tenant fails to comply with or perform any covenant or provision under this Agreement and the failure continues for 20 days after notice from Management of the failure; (iii) Tenant fails to comply with the Iowa Uniform Residential Landlord and Tenant Law in a manner that materially affects health and safety and the failure continues for a period of five days after notice from Management; or (iv) Tenant breaches this Agreement in a material or irreparable manner.
