Stop payment notice definition

Stop payment notice means a notice given under Chapter 4
Stop payment notice shall have the meaning set forth in Section 3(a) hereof.
Stop payment notice means the notice given by a claimant under

Examples of Stop payment notice in a sentence

  • Stop payment notice Claims for Work performed on the Project, including incidental or consequential damages suffered by District as a result of the Claim, and provided District has paid Design Builder for the portion of the Work at issue.

  • Prerequisites for Final Tenant Improvement Payment The following conditions must be fulfilled prior to Final Tenant Improvement Payment: A full and final waiver or release of all Stop payment notices in connection with the Work shall be submitted by Contractor, including a release of Stop payment notice in recordable form, together with (to the extent permitted by law) a copy of the full and final release of all Stop payment notice rights.


More Definitions of Stop payment notice

Stop payment notice means a notice given under Chapter 4 (commencing with Section 44110).
Stop payment notice is a notice to suspend Subordinated Indebtedness payments because of an Event of Default. • In any bankruptcy or similar proceeding (“Insolvency Proceeding”), the Senior Obligations must be paid in full before the holders of the Subordinated Indebtedness may receive any payment or any distributions of assets. • The holders of the Subordinated Indebtedness must send to the Administrative Agent, within one Business Day of sending to the Payor, any notice of default under the Subordinated Indebtedness. • During the continuance of a Payment Default, the holders of the Subordinated Indebtedness:
Stop payment notice means the notice given under Chapter 5 (commencing with Section 8500). A reference in another statute to a “stop noticein connection with the remedies provided in this part means a stop payment notice. (b) A stop payment notice may be bonded or unbonded. A “bonded stop payment notice” is a notice given with a bond under Section 8532. An “unbonded stop payment notice” is a notice not given with a bond under Section 8532. (c) Except to the extent this part distinguishes between a bonded and an unbonded stop payment notice, a reference in this part to a stop payment notice includes both a bonded and an unbonded notice.
Stop payment notice means a written notice, signed and verified by the claimant or his agent stating in general terms all of the following:
Stop payment notice shall have the meaning set forth in Section 4(a) hereof. "Subordinate Creditor" shall have the meaning set forth in the introduction hereto. "Subordinate Debt" shall mean and include all indebtedness, obligations and liabilities of any Loan Party under the Subordinate Loan Documents, including, without limitation, all principal, premium, if any, and interest (including post-petition interest accrued subsequent to the filing of any petition under any bankruptcy, insolvency or similar law), fees, expenses, reimbursements and other amounts payable thereunder. "Subordinate Loan Documents" shall mean the Subordinate Note, the Subordinate Mortgage and all other documents, instruments or agreements executed in connection therewith. "Subordinate Mortgage" shall mean that certain Mortgage and Security Agreement, dated as of November 29, 1996, by and between ETS and Subordinate Creditor, as recorded with the Oklahoma County Clerk on December 27, 1996, Document Number 96177118, Book Number 7000, Pages 1145-1157, together with all amendments, modifications, supplements, renewals and restatements executed from time to time in connection therewith. "Subordinate Note" shall have the meaning set forth in the recitals hereto. "UCC" shall mean the Uniform Commercial Code as in effect from time to time in the State of Texas.

Related to Stop payment notice

  • Payment Notice has the meaning assigned to it in Section 8.06(c).

  • Settlement Notice has the meaning specified in Section 14.02(a)(iii).

  • Repayment Notice Each notice required to be delivered by the Borrower in respect of any repayment of Advances Outstanding, in the form of Exhibit A-2.

  • Collection Notice means a notice, in substantially the form of Annex A to Exhibit VI, from the Agent to a Collection Bank.

  • Redirection Notice shall have the meaning assigned to such term in Section 14(c).