Common use of Cure Provisions Clause in Contracts

Cure Provisions. If an Event of Default, other than a default in payment or failure to satisfy Lender’s requirement in the Insufficient Market Value of Securities section is curable and if Grantor 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 if Grantor, after receiving written notice from Lender demanding cure of such default: (1) cures the default within 30 days; or (2) if the cure requires more than 30 days, immediately initiates steps which Lender deems in Lender’s sole discretion to 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.

Cure Provisions. If an Event of DefaultIt any default, other than a default in payment or failure to satisfy Lender’s requirement in the Insufficient Market Value of Securities section is curable and if Grantor 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 if Grantor, after receiving written notice from Lender demanding cure of such default: (1) cures the default within 30 ten (10) days; or (2) if the cure requires more than 30 ten (10) days, immediately initiates steps which Lender deems in LenderLxxxxx’s sole discretion to 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.

Cure Provisions. If an Event of Defaultany default, other than a default in payment or failure to satisfy Lender’s 's requirement in the Insufficient Market Value of Securities section is curable and if Grantor 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 if Grantor, after receiving written notice from Lender demanding cure of such default: (1) cures the default within 30 thirty (30) days; or (2) if the cure requires more than 30 thirty (30) days, immediately initiates steps which Lender Xxxxxx deems in Lender’s Xxxxxx's sole discretion to 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.

Cure Provisions. If an Event of Defaultany default, other than a default in payment or failure to satisfy Lender’s 's requirement in the Insufficient Market Value of Securities section is curable and if Grantor 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 if Grantor, after receiving written notice from Lender demanding cure of such default: (1) cures the default within 30 fifteen (15) days; or (2) if the cure requires more than 30 days, fifteen (15) days immediately initiates steps which Lender deems in Lender’s Lenders sole discretion to 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.

Cure Provisions. If an Event of Defaultany default, other than a default in payment or failure to satisfy Lender’s 's requirement in the Insufficient Market Value of Securities section is curable and if Grantor 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 if GrantorBorrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within 30 fifteen (15) days; or (2) if the cure requires more than 30 fifteen (15) days, immediately initiates steps which Lender deems in Lender’s 's sole discretion to 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.

Cure Provisions. If an Event of Defaultany default, other than a default in payment or failure to satisfy Lender’s 's requirement in the Insufficient insufficient Market Value of Securities section is curable and if Grantor 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 if Grantor, after receiving written notice from Lender demanding cure of such default: (1) cures the default within 30 fifteen (15) days; or (2) if the cure requires more than 30 fifteen (15) days, immediately initiates steps which Lender COMMERCIAL PLEDGE AGREEMENT LOAN NO: 30030036 (CONTINUED) PAGE 3 deems in Lender’s 's sole discretion to 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.