Common use of Monetary Default Clause in Contracts

Monetary Default. Any failure by a Party to pay, deposit or deliver, when and as this Agreement requires, any amount of money, any bond or surety or evidence of any insurance coverage required to be provided under this Agreement, whether to or with a Party or a Third Person.

Appears in 5 contracts

Samples: Improvement District Management Agreement, Improvement District Management Agreement, Improvement District Management Agreement

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Monetary Default. Any failure by a either Party to pay, deposit or deliver, when and as this Agreement requires, any amount of money, any bond or surety or evidence of any insurance coverage required to be provided under this Agreement, whether to or with a Party or a Third Person.

Appears in 2 contracts

Samples: Disposition and Development Agreement, Operating Agreement

Monetary Default. Any failure by a Party to pay, deposit or deliver, when and as this Agreement requires, any amount of money, any bond or surety or evidence of any insurance coverage required to be provided under this Agreement, whether to or with a Party Xxxxx or a Third Person.

Appears in 1 contract

Samples: Improvement District Management Agreement

Monetary Default. Any failure by a Party to pay, deposit or deliver, when and as this Agreement requires, any amount of money, any bond or surety or surety, evidence of any insurance coverage required to be provided under this Agreement, or any Records, whether to or with a Party or a Third Person.

Appears in 1 contract

Samples: www.arc-sd.com

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Monetary Default. Any failure by a Party to pay, deposit deposit, or deliverprovide, when and as this Agreement requires, any amount of money, any bond evidence of insurance coverage, or surety or evidence of any insurance coverage bond required to be paid, deposited, or provided under this Agreement, whether to or with a Party or a Third Person, except to the extent the failure constitutes an Escrow Default.

Appears in 1 contract

Samples: Disposition and Development Agreement

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