Notice and Cure Periods Sample Clauses
Notice and Cure Periods. The occurrence of any foregoing events listed in Section 8.1, 8.2, 8.3, 8.4, 8.5 and 8.6 hereof shall be an Event of Default if the same remains uncured in full after the Bank has provided written notice to Borrower and Borrower’s or the applicable Borrowing Base Obligor’s failure to cure within the applicable Cure Period.
Notice and Cure Periods. Notwithstanding any term or provision to the contrary in this Note or any other document or instrument evidencing or securing the loan (collectively the "Loan Documents"), Employee shall have thirty (30) days following written notice to the Employee of Employee's default under any provision of the Loan Documents, including, without limitation, the Note, in which to cure any such default before the Company may exercise any remedies for said default as provided in this Note or any other Loan Documents.
Notice and Cure Periods. All notices and cure periods described herein shall not be applicable to any event which with the giving of notice, the passage of time or both would constitute an Event of Default, if such event has occurred as of the date on which Xxxxxx commences a nonjudicial foreclosure proceeding with respect to another Event or Events of Default. Such event shall constitute an independent Event of Default hereunder.
Notice and Cure Periods. In the event that an AOLB Party ----------------------- commits a Material AOLB Exclusivity Breach or Itau commits a Material Itau Breach, and such breaching Party (the "Breaching Party") fails to cure such breach within thirty (30) days or, in the case of a Material Exclusivity Breach, within ninety (90) days (such periods, the "Cure Periods"), after written notice thereof (a "Breach Notice"), from the other Party (the "Notifying Party"), the Notifying Party shall have the right to terminate this Agreement upon receipt of an arbitral ruling confirming such uncured Material Breach as provided in this Section 11.
Notice and Cure Periods. If Virgin fails to cure any monetary default of the type described in Subparagraph 17.1.1 or 17. 1.2 above for a period of ten (10) Days after receipt from the Authority of a written notice or fails to cure any other non- monetary default listed in Paragraph 17.1 above wit hin thirty (30) Days after receipt from the Authority of a written notice (or if such non-monetary default is not susceptible to cure within 30 Days, if Virgin will fail to prom ptly commence the cure and diligently pursue the cure to completion as soon as reasonably possible) any of such uncured failures will be a Virgin Event of Default and th e Authority may, without terminating this Lease, enter upon the Virgin Facilities and, as app licable, the Option Area and ROFR Area, and will have the right to improve and re-let all or any part of such area(s) to others. Virgin will continue to be responsible for and will pay all Virgin Payables required pursuant to this Lease, provided, however, that Virgin will receive a credit for rentals, fees, and charges received by the Authorit y for the re-let premises after first deducting all reasonable costs incurred by the Authority for renovations.
Notice and Cure Periods. Subject to the provisions of Section 13, but notwithstanding anything else to the contrary in this Sublease, each and every time limit contained in the Prime Lease for the giving of notices, making of demands, making of payments, performance of acts or for the exercise of any rights, remedies or options by the tenant thereunder, shall be shortened by five (5) days for the purposes of this Sublease, so that in each instance Subtenant shall have five (5) days less time than Sublandlord has under the Prime Lease; provided that in no case shall the cure period afforded to Subtenant be less than five (5) business days.
Notice and Cure Periods. Except as otherwise stated below in subsection (d), upon the occurrence of a Default, Huxxx xhall not accelerate the Loan or pursue its other rights and remedies unless it first gives Grantors written notice of such Default in the manner prescribed for notices in this Partnership Pledge Agreement and such Default is not fully cured within the following periods: I) three (3) days after such notice is given in the event of any failure to make a monetary payment; ii) fifteen (15) days after such notice is given in the event of nonmonetary Defaults not subject to other provisions of this Section, provided (a) within five (5) days after such notice is given, Grantors commence their cure and submit to Huxxx xn writing their plan to cure; and (b) the cure is continuously pursued by Grantors with due diligence. If such Default is not reasonably 123 capable of being cured within fifteen (15) days, Grantors shall have such additional time as is reasonably necessary to complete the cure, but in no event more than thirty (30) days after the notice of Default is given; or iii) sixty (60) days after the filing of any involuntary petition in bankruptcy against or for the appointment of a receiver for Grantors (except for petitions filed by Huxxx), with the dismissal of such petitions by the court within such period being deemed to cure such Default.
Notice and Cure Periods. All notices and cure periods provided herein shall be in lieu of and run concurrently with any notices and cure periods required or provided by law.
Notice and Cure Periods. If (1) the cause or grounds for removal can be cured within thirty (30) days after the date of receipt by the Managing Member of the Notice of removal and (2) the Managing Member gives the Optibase Member a written undertaking to cure such matter within such 30-day period, then the Managing Member shall have such 30-day period in which to cure the cause or grounds for removal or, if the Managing Member requests additional time for completing the cure, such additional time as shall be Approved by the Optibase Member but in no event more than ninety (90) days after the receipt by the Managing Member of the original Notice of removal from the Optibase Member. The costs and expenses of any such cure (1) shall be paid solely, fully and directly by the Managing Member and not by the Company or any other Member and (2) shall not be treated as an additional Capital Contribution or loan to the Company or any other Member. If any cost or expense related to any such cure is paid or required to by paid by the Company or any other Member, the Managing Member shall immediately reimburse the full amount so paid to the Company or the other Member, as appropriate. Notwithstanding the foregoing, the Managing Member shall not be entitled to a cure period in the event of a Removal Event pursuant to Section 7.09(2).
Notice and Cure Periods. County and PVSC acknowledge and agree that no Event of Default or County Event of Default shall have occurred under this Agreement unless and until any and all applicable Notice shall have been given and cure or grace periods shall have expired.