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. 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. 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 11.2. In the event that an AOLB Party commits a Material AOLB Breach other than a Material AOLB Exclusivity Breach, Itau shall have the right to terminate this Agreement upon receipt of an arbitral ruling confirming such Material Breach as provided in this Section 11.2. Stopping the violating conduct shall not "per se" be deemed to constitute a cure for a Material Breach.
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 within 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 promptly 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 the Authority may, without terminating this Lease, enter upon the Virgin Facilities and, as applicable, 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 Authority for the re-let premises after first deducting all reasonable costs incurred by the Authority for renovations.
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. (d)
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.
Notice and Cure Periods. The occurrence of any forgoing events listed in Sections 9.1, 9.2, 9.3, 9.4, 9.5, 9.6 and 9.7 hereof shall be an Event of Default if the same remains uncured in full after the Bank has provided written notice to Borrower, Universal or Mason Dixon of such default and Borrower's, Universal's or Masox Xxxox'x xailure to cure within the applicable Cure Period, xxxxxx xxx the following defaults, which shall be an Event Default (without respect to any notice and/or cure periods): Borrower defaults in the covenants contained at Sections 6.7 and/or 7.3 of this Agreement for which no notice and cure period shall apply.
Notice and Cure Periods. 24.1 Notwithstanding any provision in this Agreement to the contrary, Lessee or Lessor shall not be deemed in breach, violation or default of this Agreement unless (i) with respect to monetary obligations, if either the Lessee or Lessor fails to so perform such obligation within 15 business days after notice of failure to perform from Lessor or Lessee as the case may be and (ii) with respect to non-monetary obligations, Lessee or Lessor as the case my be fails to so perform such obligation within 30 business days after notice of failure to perform from Lessor or Lessee as the case may be, provided, however, that Lessee or Lessor as the case my be shall not be deemed to be in violation, default or an Event of Default with respect thereto if the nature of such failure to perform is of the sort that cannot be reasonably be performed or cured within such aforementioned period, then Lessee or Lessor as the case my be shall not be deemed to be in breach, violation, or default with respect thereto provided Lessee or Lessor as the case may be diligently commences such cure within such period and thereafter diligently proceeds to rectify and cure such default.
Notice and Cure Periods. Project Company must provide Notice to MDOT of the occurrence of a MDOT Default. Upon receipt of Project Company’s Notice, MDOT has 40 Business Days to cure the MDOT Default; provided, however, that, if the MDOT Default is for a matter other than non-payment and such MDOT Default is of such a nature that the cure cannot with diligence be completed within such time period and MDOT has commenced meaningful steps to cure immediately after receiving the default Notice, MDOT must have such additional period of time, up to a maximum cure period of 110 Business Days.
