Monetary Breach. If a Monetary Breach occurs the Landlord must not terminate this Lease without first giving formal notice to the Tenant and to each Creditor: requiring payment of the outstanding sum within the period of 14 days immediately following the date of service of the formal notice;67 and stating that failure to pay within that period may result in this Lease being terminated.
Monetary Breach. In the case of a monetary Breach by Developer, Developer shall promptly commence to cure the identified Breach and shall complete the cure of such Breach within thirty (30) business days after receipt by Developer of the Notice of Breach; provided that if such monetary Breach is the result of an Excusable Delay or the cure of the same is delayed as a result of an Excusable Delay, Developer shall deliver to the City reasonable evidence of the Excusable Delay.
Monetary Breach. If a Monetary Breach occurs the Landlord must not terminate this Lease without first giving formal notice to the Tenant and to each Creditor: requiring payment of the outstanding sum within the period of 14 days immediately following the date of service of the formal notice;66 and stating that failure to pay within that period may result in this Lease being terminated. If neither the Tenant nor any Creditor complies with a formal notice given under Clause 6.(a) the Landlord may, at any time afterwards: terminate this Lease with immediate effect by formal notice to the Tenant; and enter, repossess and enjoy the Premises as if this Lease had not been granted.
Monetary Breach. If Partner fails to make a monetary payment within 30 days of receipt of an invoice, Andela shall notify Partner of such failure in writing and if Partner fails to cure such breach within 15 days of its receipt of such notice, Andela may immediately terminate the applicable SOW.
Monetary Breach. A failure of the Student to pay money due under or as a consequence of this Agreement, unless such payment is made within three days after the College’s delivery of the Notice of Termination;
Monetary Breach. In the case of a monetary Breach by MINI of Santa Xxxxxx, MINI of Santa Xxxxxx shall promptly commence to cure the identified Breach and shall complete the cure of such Breach within thirty (30) business days after receipt by MINI of Santa Xxxxxx of the Notice of Breach; provided that if such monetary Breach is the result of an Excusable Delay or the cure of the same is delayed as a result of an Excusable Delay, MINI of Santa Xxxxxx shall deliver to the City reasonable evidence of the Excusable Delay.
Monetary Breach. Each of the following shall be deemed a “Monetary Breach”: (i) Non-payment of any amounts due, including but not limited to Additional Charges, within five (5) days of the date when due, subject to service interruption, and excluding any amounts disputed in good faith;
Monetary Breach. In the case of a monetary Breach by School, School shall promptly commence to cure the identified Breach and shall complete the cure of such Breach within thirty (30) business days after receipt by School of the Notice of Breach; provided that if such monetary Breach is the result of an Excusable Delay or the cure of the same is delayed as a result of an Excusable Delay, School shall deliver to the City reasonable evidence of the Excusable Delay.
Monetary Breach. In the case of a monetary Breach by any Developer, such Developer shall promptly commence to cure the identified Breach and shall complete the cure of such Breach within thirty (30) business days after receipt by such Developer of the Notice of Breach; provided that if such monetary Breach is the result of an Excusable Delay or the cure of the same is delayed as a result of an Excusable Delay, such Developer shall deliver to the City reasonable evidence of the Excusable Delay. Any Owners Association or any other Developer shall have the right, but not the obligation, to cure the identified Breach within the same period given under this Section 11.1.2 to the Developer committing the identified Breach.
Monetary Breach. If there is a Non-Monetary Breach which is capable of being remedied the Landlord must not terminate this Lease without first giving formal notice to the Tenant and to each Creditor specifying the Non-Monetary Breach on which the Landlord is seeking to rely and specifying a date by which that Non-Monetary Breach must be remedied stating that failure to remedy the breach by that date may result in this Lease being terminated. For the purposes of Clause 6.1.2(a): the date specified in any formal notice for remedy of a Non-Monetary Breach; and any measure to be taken by the Tenant specified in any formal notice, will be reasonable having regard to the nature and circumstances giving rise to the Non-Monetary Breach, the practicability of remedying it and the respective interests at that time of the Landlord, the Tenant and any Creditor under this Lease. If neither the Tenant nor any Creditor complies with a formal notice given under Clause 6.1.2(a) or if there is a Non-Monetary Breach which is not capable of being remedied the Landlord may: terminate this Lease with immediate effect by formal notice to the Tenant; and enter, repossess and enjoy the Premises as if this Lease had not been granted. Insolvency If the Tenant or any guarantor of the Tenant: (in the case of a company) goes into liquidation (either voluntary or compulsory other than a voluntary liquidation of a solvent company for the purpose of amalgamation or reconstruction) or if a receiver or an administrator is appointed; or makes an application to be declared insolvent or becomes apparently insolvent; or makes any arrangement with creditors; or (in the case of a company) is struck off the register of companies or is dissolved; or (in the case of an individual) has been sequestrated, enters in to an individual voluntary arrangement or signs a trust deed for creditors; the Landlord may (subject to the terms of the Enterprise Act 2002) terminate this Lease with immediate effect by formal notice to the Tenant and enter, repossess and enjoy the Premises as if this Lease had not been granted. If, prior to this Lease being terminated in accordance with Clause 6.1.3(a), the Insolvency Practitioner or Creditor delivers a validly executed personal undertaking (in a form acceptable to the Landlord) to accept personal liability for the payment of the Rent (whether due for the period before or after the Insolvency Date) and for the performance of all of the other obligations of the Tenant under this Lease fr...
