Examples of Wrongful Dishonor in a sentence
Prior to the Conversion Date and so long as no Construction Wrongful Dishonor is in existence, any provision of this Agreement (i) requiring the consent of Freddie Mac shall also require the consent of the Construction Phase Credit Facility Provider and (ii) permitting Freddie Mac to provide direction to the Trustee shall require the consent of the Construction Phase Credit Facility Provider.
Except during the Fixed Rate Period, the Borrower, pursuant to Section 5.4 of the Financing Agreement, is permitted with the prior written consent of Xxxxxxx Mac and with the prior written consent of the Bank (prior to the Conversion Date) and the Credit Facility Provider (provided there has been no Wrongful Dishonor (as such term is defined in the Financing Agreement)) to provide an Alternate Credit Facility to replace the then outstanding Credit Facility at the times specified in the Financing Agreement.
Consequences Of Wrongful Dishonor Of Cheques A banker has the statutory obligation to honour his customer’s cheques unless there are valid reasons for refusing payments of the same.
Count 11: Wrongful Dishonor Donovan devotes only the following two sentences to this claim in his legal memorandum: “See displacement argument above.
H Insuring Agreement H: Stop Payment Orders or Wrongful Dishonor of Checks Legal Liability Indemnifies the Insured for legally imposed damages as the result of compliance or failure to comply with any notice to stop pay, refusal to pay, or failure to give proper notice to dishonor.