Day Cure Period Sample Clauses

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
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.
Sample 1
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. This Section 11 shall govern Tenant’s failure to comply with the following provisions (hereafter “Events of Default”):
Sample 1
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.
Sample 1
Day Cure Period. Three (3)
Sample 1
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.
Sample 1

Related to Day Cure Period

  • Market disruption; non-availability 3.6.1 If and whenever, at any time prior to the commencement of any Interest 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 Any employee who is called back to work after the completion of the normal workday or called back to work on a day when the employee is not scheduled to work shall be compensated for all hours worked at the appropriate rate of pay, but not less than one and one-half hours at the overtime rate. If an employee is called back to work, between the hours of 10:00 p.m. and 5:00 a.m., after the completion of their normal workday or when the employee is not scheduled to work such as weekends or holidays, the employee shall be compensated for all hours worked at the appropriate rate of pay, but not less than two (2) hours of overtime.

  • Holiday Falling on a Day of Rest 32.3.1 When a day, except Boxing Day, designated as a holiday under clause 32.1 coincides with an employee's day of rest, the holiday shall be moved to the employee's first normal working day following his day of rest. Boxing Day shall be observed on the first normal working day immediately following the calendar day on which Christmas Day is granted as a designated holiday.

  • Computation Period Interest on the indebtedness evidenced by this Note shall be computed on the basis of a three hundred sixty (360) day year and shall accrue on the actual number of days elapsed for any whole or partial month in which interest is being calculated. 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 as provided in Section 2.3 hereof.

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

  • Measurement Period An employee’s status as full-time or part-time shall be determined on the basis of the employee’s average weekly hours during the fifty- two-week measurement period ending on the date in October 2014 and in each succeeding year as specified by the Employer’s Corporate Benefits Department. No employee shall fail to be classified as full-time due to time spent on FMLA, or Military (USERRA) leave. Employees who have been employed for less than one year as of the measurement date shall be classified as full-time or part-time in accordance with the procedures used by the Employer to classify partial-year employees under the Standard Benefits Plans.

  • 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.