{"component": "clause", "props": {"groups": [{"samples": [{"hash": "fnI9YXeSSRQ", "uri": "/contracts/fnI9YXeSSRQ#cure", "label": "Loan and Security Agreement (Fly-E Group, Inc.)", "score": 35.6228599548, "published": true}, {"hash": "1b6Ba0r3bHe", "uri": "/contracts/1b6Ba0r3bHe#cure", "label": "Loan and Security Agreement (Western Acquisition Ventures Corp.)", "score": 32.1170425415, "published": true}, {"hash": "hruFW8XzHvk", "uri": "/contracts/hruFW8XzHvk#cure", "label": "Loan and Security Agreement (Amerinac Holding Corp.)", "score": 30.5523605347, "published": true}], "snippet": "Nothing contained in this Agreement or the Loan Documents shall be deemed to compel Lender to accept a cure of any Event of Default hereunder.", "size": 59, "snippet_links": [{"key": "agreement-or", "type": "definition", "offset": [26, 38]}, {"key": "the-loan-documents", "type": "clause", "offset": [39, 57]}, {"key": "default-hereunder", "type": "clause", "offset": [124, 141]}], "hash": "eaca75a35f025aac3f63277fcbb8de1d", "id": 4}, {"samples": [{"hash": "5vsIjk6O9IK", "uri": "/contracts/5vsIjk6O9IK#cure", "label": "Credit Agreement (Rimini Street, Inc.)", "score": 35.332649231, "published": true}, {"hash": "kKcg5XYbpKO", "uri": "/contracts/kKcg5XYbpKO#cure", "label": "Credit Agreement (Iteris, Inc.)", "score": 33.0739212036, "published": true}, {"hash": "6XLKfdpxoKF", "uri": "/contracts/6XLKfdpxoKF#cure", "label": "Credit Agreement (Amphastar Pharmaceuticals, Inc.)", "score": 32.8548927307, "published": true}], "snippet": "A Lender may cure its status as a Defaulting Lender under clause (a) of the definition of Defaulting Lender if such Lender fully pays to Agent, on behalf of the applicable Secured Parties, the Aggregate Excess Funding Amount, plus all interest due thereon. 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"uri": "/contracts/6ZcPEWzygSO#cure", "label": "Credit Agreement (Huntsman CORP)", "score": 28.4633808136, "published": true}, {"hash": "8R0C4aRvLop", "uri": "/contracts/8R0C4aRvLop#cure", "label": "Credit Agreement (Huntsman International LLC)", "score": 27.8747425079, "published": true}], "snippet": "If the Borrower and the Administrative Agent, each Facing Agent and the Swing Line Lender agree in writing in their discretion that a Revolving Lender that is an Impaired Lender should no longer be deemed to be an Impaired Lender, the Administrative Agent will so notify the Borrower and the Revolving Lenders, whereupon as of the effective date specified in such notice, such Revolving Lender will, to the extent applicable, purchase such portion of outstanding Revolving Loans of the other Revolving Lenders (or the other Revolving Lenders will purchase from the formerly Impaired Lender) and/or make such other adjustments as the Administrative Agent may reasonably determine to be necessary 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At such time, Pro Rata shares shall be reallocated without exclusion of such Lender\u2019s Commitment and Loans, and all outstanding Revolver Loans, LC Obligations and other exposures under the Commitments shall be reallocated among Lenders and settled by the Agent (with appropriate payments by the reinstated Lender) in accordance with the readjusted Pro Rata shares. Unless expressly agreed by Borrowers, the Agent and each Fronting Bank, no reinstatement of a Defaulting Lender shall constitute a waiver or release of claims against such Lender. The failure of any Lender to fund a Loan, to make a payment in respect of LC Obligations or otherwise to perform its obligations hereunder shall not relieve any other Lender of its obligations, and no Lender shall be responsible for default by another Lender.", "size": 79, "snippet_links": [{"key": "fronting-bank", "type": "definition", "offset": [30, 43]}, {"key": "in-writing", "type": "definition", "offset": [54, 64]}, {"key": "a-lender", "type": "definition", "offset": [70, 78]}, {"key": "defaulting-lender", "type": "clause", "offset": [94, 111]}, {"key": "pro-rata-shares", "type": "definition", "offset": [127, 142]}, {"key": "exclusion-of", "type": "clause", "offset": [172, 184]}, {"key": "commitment-and-loans", "type": "clause", "offset": [199, 219]}, {"key": "revolver-loans", "type": "definition", "offset": [241, 255]}, {"key": "lc-obligations", "type": "definition", "offset": [257, 271]}, {"key": "the-commitments", "type": "clause", "offset": [298, 313]}, {"key": "by-the-agent", "type": "clause", "offset": [361, 373]}, {"key": "payments-by-the", "type": "clause", "offset": [392, 407]}, {"key": "in-accordance-with", "type": "definition", "offset": [427, 445]}, {"key": "agreed-by", "type": "definition", "offset": [495, 504]}, {"key": "reinstatement-of", "type": "clause", "offset": [553, 569]}, {"key": "release-of-claims", "type": "definition", "offset": [619, 636]}, {"key": "a-loan", "type": "definition", "offset": [692, 698]}, {"key": "in-respect-of", "type": "clause", "offset": [718, 731]}, {"key": "other-lender", "type": "definition", "offset": [819, 831]}, {"key": "no-lender", "type": "clause", "offset": [856, 865]}, {"key": "default-by", "type": "clause", "offset": [891, 901]}], "hash": "8298bad5b53099beb5cf3ee802938614", "id": 3}, {"samples": [{"hash": "8AbVvhCxLHm", "uri": "/contracts/8AbVvhCxLHm#cure", "label": "Abl Credit Agreement (Target Hospitality Corp.)", "score": 36.9917869568, "published": true}, {"hash": "hlK2rhshPqO", "uri": "/contracts/hlK2rhshPqO#cure", "label": "Abl Credit Agreement (Target Hospitality Corp.)", "score": 34.7796020508, "published": true}, {"hash": "j93GDn2jiT1", "uri": "/contracts/j93GDn2jiT1#cure", "label": "Abl Credit Agreement (Target Hospitality Corp.)", "score": 34.0869255066, "published": true}], "snippet": "Borrowers, the Agent and each Fronting Bank may agree in writing that a Revolver Lender is no longer a Defaulting Lender. At such time, Pro Rata shares shall be reallocated without exclusion of such Revolver Lender\u2019s Revolver Commitment and Revolver Loans, and all outstanding Revolver Loans, LC Obligations and other exposures under the Revolver Commitments shall be reallocated among Revolver Lenders and settled by the Agent (with appropriate payments by the reinstated Revolver Lender) in accordance with the readjusted Pro Rata shares. Unless expressly agreed by Borrowers, the Agent and each Fronting Bank, or as expressly provided herein with respect to Bail-In Actions and related matters, no reallocation of Commitments and Revolver Loans to non-Defaulting Lenders or reinstatement of a Defaulting Lender shall constitute a waiver or release of claims against such Lender. The failure of any Lender to fund a Loan, to make a payment in respect of LC Obligations or otherwise to perform its obligations hereunder shall not relieve any other Lender of its obligations, and no Lender shall be responsible for default by another Lender.", "size": 27, "snippet_links": [{"key": "fronting-bank", "type": "definition", "offset": [30, 43]}, {"key": "in-writing", "type": "definition", "offset": [54, 64]}, {"key": "pro-rata-shares", "type": "definition", "offset": [136, 151]}, {"key": "exclusion-of", "type": "clause", "offset": [181, 193]}, {"key": "revolver-loans", "type": "definition", "offset": [241, 255]}, {"key": "lc-obligations", "type": "definition", "offset": [293, 307]}, {"key": "revolver-commitments", "type": "clause", "offset": [338, 358]}, {"key": "revolver-lenders", "type": "clause", "offset": [386, 402]}, {"key": "by-the-agent", "type": "clause", "offset": [415, 427]}, {"key": "payments-by-the", "type": "clause", "offset": [446, 461]}, {"key": "in-accordance-with", "type": "definition", "offset": [490, 508]}, {"key": "agreed-by", "type": "definition", "offset": [558, 567]}, {"key": "with-respect-to", "type": "clause", "offset": [645, 660]}, {"key": "and-related-matters", "type": "clause", "offset": [677, 696]}, {"key": "reallocation-of-commitments", "type": "clause", "offset": [701, 728]}, {"key": "loans-to", "type": "clause", "offset": [742, 750]}, {"key": "defaulting-lenders", "type": "clause", "offset": [755, 773]}, {"key": "reinstatement-of", "type": "clause", "offset": [777, 793]}, {"key": "release-of-claims", "type": "definition", "offset": [843, 860]}, {"key": "a-loan", "type": "definition", "offset": [916, 922]}, {"key": "in-respect-of", "type": "clause", "offset": [942, 955]}, {"key": "other-lender", "type": "definition", "offset": [1043, 1055]}, {"key": "no-lender", "type": "clause", "offset": [1080, 1089]}, {"key": "default-by", "type": "clause", "offset": [1115, 1125]}], "hash": "8c7e55c2433724cbe253b4b7cd1a4b9b", "id": 6}, {"samples": [{"hash": "1DWu6ZqEBHg", "uri": "/contracts/1DWu6ZqEBHg#cure", "label": "Master Solutions Agreement", "score": 26.9154510498, "published": true}, {"hash": "4N8Jyg5VF13", "uri": "/contracts/4N8Jyg5VF13#cure", "label": "Master Solutions Agreement", "score": 26.0677623749, "published": true}, {"hash": "h7ZU1ulazV4", "uri": "/contracts/h7ZU1ulazV4#cure", "label": "Master Solutions Agreement", "score": 25.7323970795, "published": true}], "snippet": "If the other Party breaches any material provision of this Agreement or any SOW and fails to cure such breach within thirty (30) days of receipt of notice of such breach from the non-breaching Party (\u201cCure Period\u201d). The notice from the non-breaching Party shall specify the basis on which the Agreement or SOW is being terminated, including a description of the breach and how the breach can be cured within the Cure Period. If the breaching Party fails to cure the breach within the Cure Period, then termination shall be effective on the thirty-first (31st) day following receipt of such notice by the breaching Party.", "size": 19, "snippet_links": [{"key": "other-party", "type": "clause", "offset": [7, 18]}, {"key": "provision-of", "type": "clause", "offset": [41, 53]}, {"key": "agreement-or", "type": "definition", "offset": [59, 71]}, {"key": "within-thirty", "type": "clause", "offset": [110, 123]}, {"key": "notice-of", "type": "definition", "offset": [148, 157]}, {"key": "the-non", "type": "clause", "offset": [175, 182]}, {"key": "breaching-party", "type": "definition", "offset": [183, 198]}, {"key": "cure-period", "type": "definition", "offset": [201, 212]}, {"key": "the-notice", "type": "clause", "offset": [216, 226]}, {"key": "the-basis", "type": "clause", "offset": [270, 279]}, {"key": "the-agreement", "type": "clause", "offset": [289, 302]}, {"key": "description-of-the", "type": "definition", "offset": [343, 361]}, {"key": "termination-shall", "type": "clause", "offset": [502, 519]}, {"key": "effective-on-the", "type": "clause", "offset": [523, 539]}, {"key": "notice-by-the", "type": "clause", "offset": [590, 603]}], "hash": "e2a55e13c1526b0604e85318528a1952", "id": 8}, {"samples": [{"hash": "k1LWhrejrFc", "uri": "/contracts/k1LWhrejrFc#cure", "label": "Purchase Agreement (Adelphia Communications Corp)", "score": 18.0, "published": true}, {"hash": "ho5JON2YSAw", "uri": "/contracts/ho5JON2YSAw#cure", "label": "Purchase and Contribution Agreement (Charter Communications Inc /Mo/)", "score": 18.0, "published": true}, {"hash": "2dTSJf2989L", "uri": "/contracts/2dTSJf2989L#cure", "label": "Purchase and Contribution Agreement (Falcon Funding Corp)", "score": 18.0, "published": true}], "snippet": "For all purposes under this Agreement, the existence or occurrence of any events or circumstances which constitute or cause a breach of a representation or warranty of Buyer on the date such representation or warranty is made shall be deemed not to constitute a breach of such representation or warranty if such event or circumstance is cured on or prior to the Closing Date or the earlier termination of this Agreement.", "size": 18, "snippet_links": [{"key": "all-purposes", "type": "clause", "offset": [4, 16]}, {"key": "breach-of-a-representation-or-warranty", "type": "clause", "offset": [126, 164]}, {"key": "of-buyer", "type": "clause", "offset": [165, 173]}, {"key": "prior-to-the-closing-date", "type": "clause", "offset": [349, 374]}, {"key": "termination-of-this-agreement", "type": "clause", "offset": [390, 419]}], "hash": "ae5a22717b6de2a8dbe39fbec8cb415f", "id": 9}], "next_curs": "Ck0SR2oVc35sYXdpbnNpZGVyY29udHJhY3RzcikLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ig1jdXJlIzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"title": "Cure", "children": [["", ""], ["taxes", "Taxes"], ["insurance", "Insurance"], ["notices", "Notices"], ["litigation", "Litigation"]], "parents": [["defaulting-lenders", "Defaulting Lenders"], ["defaulting-lender", "Defaulting Lender"], ["default", "Default"], ["the-credits", "The Credits"], ["miscellaneous", "Miscellaneous"]], "size": 1650, "id": "cure", "related": [["cure-period", "Cure Period", "<strong>Cure</strong> Period"], ["default-breach", "Default; Breach", "Default; Breach"], ["cure-periods", "Cure Periods", "<strong>Cure</strong> Periods"], ["curing", "Curing", "Curing"], ["curing-tenants-defaults", "CURING TENANT'S DEFAULTS", "CURING TENANT&#x27;S DEFAULTS"]], "related_snippets": [], "updated": "2026-05-20T04:25:14+00:00", "also_ask": ["What is the optimal cure period to balance flexibility and enforceability?", "How can cure rights be limited to prevent repeated or bad faith breaches?", "What are the essential notice requirements for triggering the cure period?", "How do courts interpret ambiguous cure provisions in enforcement actions?", "How does this cure clause compare to industry standards or statutory requirements?"], "drafting_tip": "Specify cure periods and procedures to provide clear timelines; define acceptable cure methods to prevent disputes; require written notice of breach to ensure due process.", "explanation": "A Cure clause provides a party with the opportunity to correct a breach or failure to perform under a contract before the other party can exercise remedies such as termination or legal action. Typically, the non-breaching party must notify the breaching party of the issue and allow a specified period for it to be remedied, such as fixing a defect in delivered goods or addressing a missed payment. This clause helps prevent unnecessary contract termination by encouraging resolution of problems and maintaining the business relationship when possible."}, "json": true, "cursor": ""}}