Examples of Notice of Nonpayment in a sentence
In the event the fees are not paid, this approval shall terminate automatically upon recording of a Notice of Nonpayment by the Town.
The notice shall be confirmed to the Credit Enhancer in writing in the form of the Notice of Nonpayment and Demand for Payment of Insured Amounts in Exhibit A to the Policy, by 10:00 A.M., New York City time, on the second Business Day before the Payment Date.
The Cancellation and Material Change Endorsement shall include the following provisions: Thirty calendar days advance written Notice of Cancellation, Non-Renewal or Reduction in Insurance coverage and/or Limits, and 10 calendar days written Notice of Non-payment of Premium, shall be sent to the Jurisdiction at the office and attention of the Certificate Holder.
The Trustee’s responsibility for delivering a Notice of Nonpayment to the Certificate Insurer, as provided in the preceding sentence, is limited to the availability, timeliness and accuracy of the information provided to it by the Master Servicer.
In the event the fees are not paid, this permit shall terminate automatically upon recording of a Notice of Nonpayment by the Town.