Payment Demand. For purposes of this Agreement, the term "Payment Demand" shall mean the Secured Party' making demand for payment of any Note and satisfaction in full of all other obligations upon maturity of any Note.
Payment Demand. Except as set forth in Article V or as otherwise expressly provided to the contrary in this Agreement or in any Ancillary Agreement, any amount to be paid or reimbursed by a Party (or a member of such Party’s Group), on the one hand, to the other Party (or a member of such Party’s Group), on the other hand, under this Agreement shall be paid or reimbursed hereunder within sixty (60) days after presentation of an invoice or a written demand therefor and setting forth, or accompanied by, reasonable documentation or other reasonable explanation supporting such amount.
Payment Demand. (a) It shall not be a condition to the guaranties and agreements set forth in Section 2.1 (the “Guaranty”) that Seller shall have first made any request of, or demand upon, or given any notice of the occurrence of a default under the Purchase Agreement or the Closing Agreements (unless such notice is specifically required under the Purchase Agreement or the Closing Agreements) or any other notice whatsoever to Guarantor (except as provided in Section 2.2(b)) or the Obligor or any other entity or person, or shall have instituted any action or proceeding against the Obligor or any other company, entity or person in respect thereof, or shall have joined the Obligor in any such action or proceeding.
Payment Demand. The Intermediary may claim payment for Defaulted Amounts under the Guarantee by sending a payment demand to the EIF in the form set out in the Guarantee Agreement. A Payment Demand can be sent any time after the occurrence of the Defaulted Amount (until the termination of the Guarantee Agreement), but the Defaulted Amounts must be reported to EIF (as further specified below) by no later than the third Report Date following the calendar quarter during which they occurred. Only one payment demand may be made per quarter (during a period of (i) 30 calendar days following the end of each of the first 3 calendar quarters of a year; and (ii) 20 calendar days following the end of the last calendar quarter of a year). The EIF is required to pay any amounts claimed under a payment demand within 60 calendar days after the last day of such payment demand period.
Payment Demand. If the Secured Obligations are not discharged as indicated in article 2 (Independent Guarantee) of this Guarantee, the Initial Lender (or after the rights (claims) under this Guarantee have been assigned in accordance with Article 5.2 (Transfer of rights by the Lenders) — the Facility Manager acting on behalf of the Lenders) shall serve a Payment Demand on the Guarantor appending copies of the notice from the Initial Lender or the Facility Manager, respectively, served on the respective Borrower in accordance with clause (a) (ii) of article 21.18 (Acceleration) of the Facility Agreement. The Guarantor shall make the payment under such Payment Demand within a period not exceeding five Business Days from the time when the Guarantor received such Payment Demand, in accordance with the terms of this Guarantee and the Independent Guarantee Agreement.
Payment Demand. Any demand for payment made by the Beneficiary upon Guarantor under the Guaranteed Obligations shall be made by way of a written notification addressed by the Beneficiary to the Guarantor (a “Payment Demand”). The Payment Demand shall specify in reasonable detail the Guaranteed Obligations that Obligor has failed to pay and the basis upon which such Guaranteed Obligations are due. A Payment Demand made in accordance with this clause shall be deemed sufficient notice to Guarantor that such Guaranteed Obligation is due and owing and Guarantor shall, within five (5) business days of any such Payment Demand, but subject to the last paragraph of Section 15 hereof, pay the Guaranteed Obligations for which any such Payment Demand has been made.
Payment Demand. If a pupil is enrolled in an NPS/NPA, with the approval of the LEA, prior to agreement to a contract or ISA, the LEA shall issue a warrant for services for up to 90 days during which time the contract shall be consummated. If after 60 days the Master Contract has not been finalized, either party may appeal to the SPI. Within 30 days of receipt of appeal, the SPI, or designee, shall mediate the formulation of a contract which shall be binding upon both parties. CONTRACTOR shall submit written demand monthly for payment on forms supplied by LEA. Said demand shall be made in the manner prescribed by the California Department of Education (CDE). CONTRACTOR shall submit said demands for payment for services rendered no later than thirty (30) days after the end of the attendance accounting period in which said services are actually rendered. CONTRACTOR shall maintain separate registers for the basic education program and each related service. Original attendance forms (i.e., roll books for the basic education program and service logs and notes for each related service) shall be completed by the service provider whose signature must appear on such forms and shall be available for review, inspection, or audit by XXX during the effective period of this Contract and for a period of five
Payment Demand. Any demand for payment shall be made in writing and shall be deemed made on the earlier of (a) the date the demand is sent, if properly sent by U.S. Mail to the Customer at the address in the Bank’s records; or (b) the date of actual receipt of written demand by the Customer.
Payment Demand. In the case of failure to perform the Secured Obligations as set out in Article 2 (Independent Guarantee and Indemnity), the Initial Lender (or, following the assignment of rights (claims) under this Agreement and Guarantee in accordance with Article 9.2 (Transfer of Rights by the Lenders), the Facility Manager acting on behalf of the Lenders) shall submit the Payment Demand to the Guarantor with a copy of the notice from the Initial Lender or the Facility Manager, accordingly, given to any of the Borrowers pursuant to 21.18 (Acceleration) of the Facility Agreement attached to it. The Guarantor shall make payment under such Payment Demand within a time limit not longer than five (5) Business Days of receiving such Payment Demand by the Guarantor.
Payment Demand. If a Payment Event shall occur, the Holder may demand ("PAYMENT DEMAND"), and upon such demand Maker shall promptly pay to Holder, the lesser of (i) the Maker's pro rata share amount of the Excess Note Amount (based upon the face amount of this Note as compared to the aggregate face amount of all outstanding Permitted Beneficial Notes) and (ii) the face amount printed on the face of this Note.
