Cure the default Clause Samples
The "Cure the default" clause allows a party who has breached a contract to remedy, or "cure," their default within a specified period after receiving notice of the breach. Typically, this means that if one party fails to meet a contractual obligation, they are given written notice and a set timeframe—such as 10 or 30 days—to correct the issue before the non-breaching party can pursue further remedies like termination or damages. This clause provides a fair opportunity for the defaulting party to fix problems and maintain the contractual relationship, thereby preventing immediate and potentially unnecessary escalation of disputes.
Cure the default. To perform the obligations under the contract that are described in the notice of default and intent to forfeit required by G.S. 47H-4 and that are necessary to reinstate the contract. This term is synonymous with the term "cure."
