DELAY IN PAYMENT definition

DELAY IN PAYMENT. OR The Company has the right to suspend or delay the SURRENDER date of any Surrender payment from the Variable Account for any period:
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Examples of DELAY IN PAYMENT in a sentence

  • NOTWITHSTANDING ANY SUCH DELAY IN PAYMENT, NO INTEREST WILL BE PAID ON THE PURCHASE PRICE.

  • THERE WILL BE A DELAY IN PAYMENT FOR INVOICES (F-142) NOT RETURNED TO Cal OES FIRE AND RESCUE DIVISION WITHIN 30 CALENDAR DAYS OF RECEIPT FOR VERIFICATION OF BILLING AMOUNTS AND SIGNATURE.

  • THERE WILL BE A DELAY IN PAYMENT FOR INVOICES (F-142) NOT RETURNED TO Cal OES FIRE AND RESCUE DIVISION WITHIN THIRTY (30) CALENDAR DAYS OF RECEIPT FOR VERIFICATION OF BILLING AMOUNTS AND SIGNATURE.

  • INSTALLATION OR DELIVERY DELAYS INCURRED AS A RESULT OF THE BUYER’S FAILURE TO ADEQUATELY PREPARE ITS FACILITY OR OTHERWISE DUE TO DELAYS ON THE PART OF BUYER DO NOT WARRANT A DELAY IN PAYMENT FOR THE PRODUCT AND/OR SERVICES PURCHASED.

  • DELAY IN PAYMENT In the event that any of Weed's bills remain unpaid for more than 30 days after receipt by Client, Weed shall have the right to discontinue rendering further services to Client in connection with any matter then being handled for Client by Weed.

  • DELAY IN PAYMENT In the event that any of Weed LLP's bills remain unpaid for more than 30 days after receipt by CRTZ, Weed LLP shall have the right to discontinue rendering further services to CRTZ in connection with any matter then being handled for CRTZ by Weed LLP and to take appropriate action to collect such fees.

  • SELLER AGREES THAT BUYER SHALL CONTINUE TO BE ENTITLED TO ANY AND ALL DISCOUNTS AND SHALL NOT BE PENALIZED DUE TO ANY DELAY IN PAYMENT WHICH STEMS FROM SELLER’S FAILURE TO COMPLY WITH THESE INSURANCE REQUIREMENTS.

  • THERE WILL BE A DELAY IN PAYMENT FOR INVOICES (F-142) NOT RETURNED TO Cal A-31.

  • DELAY IN PAYMENT In the event that any of Weed's bills remain unpaid for more than 30 days after receipt by Bentley, Weed shall have the right to discontinue rendering further services to Bentley in connection with any matter then being handled for Bentley by Weed and to take appropriate action to collect such fees.

  • DELAY IN PAYMENT OF ROYALTY AND NON-PAYMENT In case of delay in payment of Royalty, the Company shall be liable to pay simple interest at the rate of 12 (twelve) per cent per annum, not by way of penalty, on the amount of default in payment of royalty for the period of delay.

Related to DELAY IN PAYMENT

  • margin payment ’ means payment or de- posit of cash, a security, or other property, that is commonly known to the securities trade as original margin, initial margin, main- tenance margin, or variation margin, or as a mark-to-market payment, or that secures an obligation of a participant in a securities clearing agency;

  • Down payment means all partial payments, whether made in cash or otherwise, received by or for the benefit of the seller before or substantially contemporaneous with either the execution of the installment sale contract or the delivery of the motor vehicle sold under that contract, whichever occurs later.

  • Non-Payment Event has the meaning specified in Section 5.02.

  • Payment Event means the event or events giving rise to the right to payment of a Performance Award.

  • AHYDO Payment means any mandatory prepayment or redemption pursuant to the terms of any Indebtedness that is intended or designed to cause such Indebtedness not to be treated as an “applicable high yield discount obligation” within the meaning of Section 163(i) of the Code.