Day Cure Period Sample Clauses

Day Cure Period. Borrowers shall fail to perform or comply with any covenant or agreement other than the covenants described or set forth in Section 11.01(a) and (b) and such default shall continue for ten (10) Business Days or more after the earlier of (i) the date on which such failure shall first become known to any officer of Borrowers and (ii) notice thereof is provided to Borrowers by the Administrative Agent.
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Day Cure Period. This Section 11 shall govern Tenant’s failure to comply with the following provisions (hereafter “Events of Default”):
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Day Cure Period. Except for Events of Default that are addressed in subsection 11.1 above, City shall be entitled to terminate this Lease in the event of default by Tenant in the performance of any covenant or agreement herein required to be performed by Tenant and the failure of Tenant to remedy such default for a period of thirty (30) days after receiving City’s written notice to remedy the same. However, no resulting notice of termination shall be of any force or effect if Tenant has remedied all Events of Default prior to Tenant’s receipt of City’s notice of termination. Termination shall take effect immediately upon Tenant’s receipt of the notice of termination unless stated otherwise in the notice of termination. In the event that this Lease is terminated under subsection 11.1 above, or this subsection 11.2, Tenant shall remain liable to City for damages in an amount equal to the payment obligation for outstanding Rents and Fees established for the Premises required to be paid under Section 7 of this Lease.
Sample 1
Day Cure Period. Tenant shall be entitled to terminate this Lease in the event of a default by City in the performance of any covenant or agreement herein required to be performed by City and the failure of City to remedy such default for a period of thirty (30) days after receiving Tenant’s written notice to remedy the same. However, no notice of termination shall be of any force or effect if City has remedied, or has diligently commenced to cure the default prior to receipt of Tenant’s notice of termination.
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Day Cure Period. Borrower shall fail to perform or observe any of the covenants set forth in Sections 6.5, 6.7(a), 6.9, 6.12, 7.12, 7.13 and 7.14 and such failure shall continue for a period of ten (10) days; provided, that Borrower may cure Parent’s breach of Section 6.12 by providing to Lender within one (1) Business Day additional security in the form of (i) cash collateral (which shall be subject to an account control agreement setting forth the terms and conditions of any transfer or release of such cash collateral, as acceptable to Lender in its sole discretion) or (ii) a letter of credit in form reasonably acceptable to Lender from a Qualified Bank, in each case in an amount equal to one hundred fifty percent (150%) of the then-outstanding guaranteed amount under the Parent Guaranty.
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Day Cure Period. Three (3)
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Day Cure Period. (i) Any Credit Party shall fail to perform or comply with any covenant or agreement contained in ARTICLE VII (except for SECTIONS 7.01(g) and (h) and SECTION 7.03) and such default shall continue for ten (10) days or more, and (ii) any Credit Party shall fail to perform or comply with any covenant or agreement contained in SECTIONS 7.01(g) or (h), and such default shall continue for three (3) days or more.
Sample 1
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Related to Day Cure Period

  • week period If an employee fails to return at the end of the family care or medical leave, the CSU may require repayment of insurance premiums paid during the unpaid portion of the leave. The CSU shall not require repayment of premiums if the employee's failure to return is due to his/her serious health condition or due to circumstances beyond the employee's control.

  • Reference Period As of any date of determination, the period of four (4) consecutive fiscal quarters of the Borrower and its Subsidiaries ending on such date, or if such date is not a fiscal quarter end date, the period of four (4) consecutive fiscal quarters most recently ended (in each case treated as a single accounting period).

  • Minimum Call-Back Time Every employee who is called out and required to work in an emergency outside their regular working hours shall be paid for a minimum of two (2) hours at overtime rates and shall be paid from the time they leave home to report for duty until the time they arrive back upon proceeding directly from work.

  • Holiday Falling on a Day of Rest (a) When a paid holiday falls on an employee's day of rest, the employee shall be entitled to a day off with pay in lieu.

  • Computation Period Interest on the Loans and all other amounts payable by Borrower hereunder on a per annum basis shall be computed on the basis of a 360-day year and the actual number of days elapsed (including the first day but excluding the last day) unless such calculation would result in a usurious rate, in which case interest shall be calculated on the basis of a 365-day year or 366-day year, as the case may be. In computing the number of days during which interest accrues, the day on which funds are initially advanced shall be included regardless of the time of day such advance is made, and the day on which funds are repaid shall be included unless repayment is credited prior to the close of business on the Business Day received. Each determination by Administrative Agent of an interest rate or fee hereunder shall be conclusive and binding for all purposes, absent manifest error.

  • Settlement Period (a) For recording time worked, there shall be a settlement period of four weeks.

  • Measurement Period (b) In this Agreement, unless the contrary intention appears, a reference to:

  • PRORATION PERIOD The Tenant: (check one) ☐ - Shall take possession of the Premises before the start of the Lease Term on , 20 and agrees to pay $ for the proration period. The proration rate is calculated by the monthly Rent on a daily basis which shall be paid by the Tenant upon the execution of this Agreement. ☐ - Shall not be taking possession of the Premises before the Lease Term.

  • Holiday Falling on a Scheduled Workday An employee who works on a designated holiday which is a scheduled workday shall be compensated at the rate of double-time for hours worked, plus a day off in lieu of the holiday; except for Christmas and New Year's when the compensation shall be at the rate of double-time and one-half for hours worked, plus a day off in lieu of the holiday.

  • Break Period All employees working in full time (7 or 7.5 hour) positions shall be permitted a fifteen (15) minute rest period both in the first half and the second half of a shift.

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