Common use of Cure Provisions Clause in Contracts

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Agreement within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding Cure of such default: (1) cures the default within ten (10) days; or (2) if the cure requires more than ten (10) days, immediately initiates steps which Lender deems in Lender's sole discretion to bx xxxxicient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Change in Terms Agreement (Coeur D Alenes Co /Ia/)

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Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Agreement Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding Cure cure of such default: (1) cures the default within ten fifteen (1015) days; or (2) if the cure requires more than ten fifteen (1015) days, immediately initiates steps which Lender deems in Lender's ’s sole discretion to bx xxxxicient be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Business Loan Agreement (Niku Corp)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Agreement Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding Cure cure of such default: (1) cures the default within ten fifteen (1015) days; or (2) if the cure requires more than ten fifteen (1015) days, immediately initiates steps which Lender deems in LenderXxxxxx's sole discretion to bx xxxxicient be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practicalpracticable.

Appears in 1 contract

Samples: Promissory Note (Sapp Bros Investments LLC)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Agreement Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding Cure cure of such default: (1) cures the default within ten fifteen (1015) days; or (2) if the cure requires more than ten fifteen (1015) days, immediately initiates steps which Lender deems in LenderXxxxxx's sole discretion to bx xxxxicient be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably reasonable practical.

Appears in 1 contract

Samples: Security Agreement (Transbotics Corp)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision provisions of this Agreement Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender lender demanding Cure of such default: (1) cures the default within ten five (105) days; or (2) if the cure requires more than ten five (105) days, immediately initiates steps which Lender deems in Lender's lender’s sole discretion to bx xxxxicient be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Aircraft Security Agreement (Skyway Communications Holding Corp)

Cure Provisions. If any default, other than a default in payment payments is curable and if Borrower has not been given a notice of a breach of the same provision of this Agreement within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding Cure cure of such default: (1) cures the default within ten fifteen (1015) days; or (2) if the cure requires more than ten fifteen (1015) days, immediately initiates steps stops which Lender deems in Lender's ’s sole discretion to bx xxxxicient be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Change in Terms Agreement (Portfolio Recovery Associates Inc)

Cure Provisions. If any default, other than a default in payment payment, is curable and if Borrower has not been given a notice of a breach of the same provision of this Agreement Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding Cure cure of such default: (1a) cures cure the default within ten fifteen (1015) days; or (2b) if the cure requires more than ten fifteen (1015) days, immediately initiates initiate steps which Lender deems in LenderXxxxxx's sole discretion to bx xxxxicient be sufficient to cure the default and thereafter continues continue and completes complete all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Promissory Note (Wellington Hall LTD)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Agreement within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding Cure cure of such default: (1) cures the default within ten fifteen (1015) days; or (2) if the cure requires more than ten fifteen (1015) days, immediately initiates steps which Lender deems in Lender's sole discretion to bx xxxxicient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Change in Terms Agreement (I/Omagic Corp)

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Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Agreement within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding Cure cure of such default: (1) cures the default within ten fifteen (1015) days; or (2) if the cure requires more than ten fifteen (1015) days, immediately initiates steps which Lender deems in Lender's ’s sole discretion to bx xxxxicient be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Change in Terms Agreement (Portfolio Recovery Associates Inc)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Agreement within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding Cure cure of such default: (1) cures the default within ten fifteen (1015) days; or (2) if the cure requires more than ten fifteen (1015) days, immediately initiates steps which Lender deems in Lender's sole discretion to bx xxxxicient tx xx xufficient to cure the default and thereafter continues and completes all reasonable and necessary steps stops sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Change in Terms Agreement (Technology Research Corp)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Agreement Note within the preceding twelve (12) months, it may be cured (and land no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding Cure cure of such default: (1) cures the default within ten thirty (1030) days; or (2) if the cure requires more than ten thirty (1030) days, immediately initiates steps which Lender deems in Lender's sole discretion to bx xxxxicient be xxxxxxient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Eldorado Artesian Springs Inc

Cure Provisions. If any default, other than a default in payment payment, is curable and if Borrower has not been given a notice of a breach of the same provision of this Agreement Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding Cure cure of such default: (1) cures the default within ten thirty (1030) days; or (2) if the cure requires more than ten thirty (1030) days, immediately initiates steps which Lender deems in Lender's sole discretion to bx xxxxicient be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Security Agreement (Adsouth Partners, Inc.)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision provisions of this Agreement within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding Cure cure of such default: (1) cures the default within ten fifteen (1015) days; or (2) if the cure requires more than ten fifteen (1015) days, immediately initiates steps which Lender deems in Lender's sole discretion to bx xxxxicient xx xxxficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Change in Terms Agreement (Eacceleration Corp)

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