Obligation Xxxxx. As additionalconsideration for the Assets,in addition topayment of the Purchase Price, Buyer, at itssole expense, as Operator, willDrill and Complete(asthose termsare later defined) three (3)new xxxxx(the “Obligation Xxxxx”).As used herein the term“Drill,”“Drilled,” or...
Payment." If any Maturity of a Book-Entry Note isnot a Business Day, thepayment dueon such day shall be made on the next succeeding Business Day andno interestshall accrue on such payment for theperiod fromand after such Maturity. Promptly afterpayment toDTC of the principal, interest and...
payment request legal claims settlement demand a debt collection letter insurance demand letter auto accident demand letter property destroyed without reimbursement etc While demand letters may be written for several causes, most are written when somebody else owes you some money. There is not one sing...
There’s generally no set length of time to reach a settlement after a demand letter is sent, but the sender does give the recipient a deadline. This is the time by which they expect the recipient to respond. Both parties can come to the table to form an agreement and settle the issue...
Dealing with deadbeats is a pain. When business owners do work and don't get paid, what are their options? This article includes the text of a sample letter demanding payment. It's a real demand letter that has been sanitized to not mention any real comp
Rider to be executed between Franchisor, Franchisee and the lessor attached hereto as Attachment D; and (c) any other information or materials as Franchisor reasonably requires, such as a letter of intent or other document which confirms Franchisee's favorable prospects for obtaining the proposed ...
Should the entire Security Deposit, or any portion thereof, be appropriated and applied by Landlord for the payment of overdue rent or other sums due and payable to Landlord by Tenant hereunder, then Tenant shall, upon the written demand of Landlord, forthwith remit to Landlord a sufficient ...
party. The act of litigation taken by these representatives shall bind all litigants of the party whom they represent. However, any substitution of representatives, relinquishing claims, acceptance of claims of the opposing party, or negotiating settlement shall be approved by the litigants of the...
3. Any notice, payment request or communication shall be forwarded to the above address. The dates on which notices shall be deemed to have been effectively given shall be determined as follows: (1) If given in letter it shall be deemed effectively given on the fifth day after the date ma...
for the amount of such drawing (including any such reimbursement out of the proceeds of any Revolving Loans), the amount that such Lender would have been entitled to receive in respect of the letter of credit fee that would have been payable in respect of such Letter of Credit for such ...