Stop payment notice definition

Stop payment notice means a notice given under Chapter 4
Sample 1Sample 2Sample 3
Stop payment notice means the notice given by a claimant under
Sample 1Sample 2Sample 3
Stop payment notice shall have the meaning set forth in Section 3(a) hereof.
Sample 1Sample 2Sample 3

Examples of Stop payment notice in a sentence

  • If any Mechanic's Liens are served, filed, recorded or otherwise asserted against any portion of the Project, or if any such Stop Payment Notices are asserted against Loan proceeds, Borrower shall, within ten (10) Business Days of written demand, discharge or cause to be discharged such Mechanic's Lien and/or Stop Payment Notice, and shall promptly obtain the dismissal of any proceedings for the foreclosure or the enforcement thereof.

  • If any Mechanics Liens are filed, recorded or otherwise asserted against any portion of the Project, or if any such Stop Payment Notices are asserted against Loan proceeds, Borrower shall, within ten (10) days of written demand, discharge or cause to be discharged such Mechanics Lien and/or Stop Payment Notice, and shall promptly obtain the dismissal of any proceedings for the foreclosure or the enforcement thereof.

  • If any Mechanic’s Liens are served, filed, recorded or otherwise asserted against any portion of the Project, or if any such Stop Payment Notices are asserted against Loan proceeds, Borrower shall, within ten (10) Business Days of written demand, discharge or cause to be discharged such Mechanic’s Lien and/or Stop Payment Notice, and shall promptly obtain the dismissal of any proceedings for the foreclosure or the enforcement thereof.

  • In the event of a Change of Control of Overture, the right to issue a Stop Payment Notice to Gator as described in Section 6.2 above shall no longer apply.

  • If any Mechanic’s Liens are served, filed, recorded or otherwise asserted against any portion of any Project, or if any such Stop Payment Notices are asserted against proceeds of the Loans, Borrowers shall, within sixty (60) Business Days of written demand, discharge or cause to be discharged such Mechanic’s Lien and/or Stop Payment Notice, and shall promptly obtain the dismissal of any proceedings for the foreclosure or the enforcement thereof.


More Definitions of Stop payment notice

Stop payment notice means the notice given under Chapter 5 (commencing with Section 8500). A reference in another statute to a “stop notice” in 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.
Sample 1Sample 2
Stop payment notice means a notice given under Chapter 4 (commencing with Section 44110).
Sample 1Sample 2
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:
Sample 1Sample 2
Stop payment notice means a written notice, signed and verified by the claimant or his agent stating in general terms all of the following:
Sample 1
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. Section 2.
Sample 1

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).

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

  • Prepayment Notice means a notice by the Borrower to prepay Loans, which shall be in such form as the Appropriate Party may approve.

  • Replacement Notice is defined in Section 4.11.

  • Rejection Notice has the meaning specified in Section 2.05(b)(v).

  • Advance shipment notice means an electronic notification used to list the contents of a shipment of goods as well as additional information relating to the shipment, such as passive radio frequency dentification (RFID) or item unique identification (IUID) information, order information, product description, physical characteristics, type of packaging, marking, carrier information, and configuration of goods within the transportation equipment.

  • Opt-Out Notice has the meaning specified therefor in Section 2.02(a) of this Agreement.

  • Confirmation Notice means a notice provided by the Issuer to an Investor in accordance with clause 1.3(c) of the Terms;

  • Retraction Notice has the meaning set forth in Section 11.01(c).

  • Redemption Notice means a notice in a form approved by the Company by which a holder of Public Shares is entitled to require the Company to redeem its Public Shares, subject to any conditions contained therein.

  • Redemption Notice Date means, with respect to a Redemption, the date on which the Company sends the Redemption Notice for such Redemption pursuant to Section 4.03(F).

  • Auction Notice has the meaning assigned to such term in the definition of “Dutch Auction”.

  • Withdrawal Notice shall have the meaning given in Section 2.1.6.

  • decision notice means a written notice of a decision by the Department regarding an individual's eligibility for benefits in a program.

  • Selection Notice means a notice substantially in the form set out in Part II of Schedule 3 (Requests) given in accordance with Clause 9 (Interest Periods).

  • Sales Notice shall have the meaning ascribed to such term in Section 2(b)(i).