Common use of Maintenance Default Clause in Contracts

Maintenance Default. In the event any Apartment Acquirer fails or neglects (the "Defaulter Apartment Acquirer") to pay any of the amounts payable for Maintenance (the "Maintenance Default Amount") within the stipulated time therefor or violates any of the Common Rules, then and in such an event:

Appears in 7 contracts

Sources: Sale Agreement, Sale Agreement, Sale Agreement