Extended Cure Period. Default shall be made in the due observance or performance by any Loan Party or Holdings of any other covenant, condition or agreement contained in any Loan Document (other than those listed in paragraphs (b), (c), (d) or (e)(i) above or paragraph (k) below of this Section 7.01) and such default shall continue unremedied for a period of 30 days after notice thereof from any Lender Party to such Loan Party or Holdings, as applicable; provided that, if (A) such default is not a default under Section 6.10 or Section 6.14, (B) such default cannot be cured within such 30-day period, (C) such default is susceptible of cure and (D) such Loan Party or Holdings, as applicable, is proceeding with diligence and in good faith to cure such default, then such 30-day cure period shall be extended to such date, not to exceed a total of 90 days, as shall be necessary for such Loan Party or Holdings, as applicable, diligently to cure such default.
Appears in 6 contracts
Samples: Credit Agreement (REV Renewables, Inc.), Credit Agreement (REV Renewables, Inc.), Credit Agreement (REV Renewables, Inc.)
