Common use of Grantor Clause in Contracts

Grantor. (i) shall fail to perform when due any payment obligation under the terms of this Deed of Trust within ten days after such amount becomes due, or (ii) shall be in violation of any of the obligations or covenants contained herein and such default shall continued unremedied for a period of thirty (30) days, provided that if such default is not readily susceptible of cure in such thirty (30) day period, and provided that Grantor proceeds in a diligent manner to cure such default, Grantor shall have such additional time to effect such cure as shall be reasonably necessary to effect such cure;

Grantor. (i) shall fail to perform when due any payment obligation under the terms of this Deed of Trust or the other Relevant Documents within ten days after such amount becomes due, or (ii) shall be in violation of any of the obligations or covenants contained herein or therein and such default shall continued unremedied for a period of thirty (30) days, provided that if such default is not readily susceptible of cure in such thirty (30) day period, and provided that Grantor proceeds in a diligent manner to cure such default, Grantor shall have such additional time to effect such cure as shall be reasonably necessary to effect such cure;