Common use of Right to Cure Default Clause in Contracts

Right to Cure Default. If the Wisconsin Consumer Act applies and if I am in default under this Card, you must give a notice of default to me pursuant to Wisconsin Statutes sec. 425.104 and 425.105. I shall have fifteen (15) calendar days from the date the notice is mailed to me to cure the default. In the event of an uncured default, you shall have all the rights and remedies for default provided under the Wisconsin Consumer Act, Uniform Commercial Code, or other applicable law, including, but not limited to, the right to repossess any collateral. No Right to Cure: Pursuant to Wis. Stat. Sec. 425.105(3), I shall not have the right to cure a default if the following occur twice during the preceding twelve months: (a) I was in default on the Line; (b) you gave me notice of the right to cure such previous default in accordance with Wis.Stat. Sec. 425.104; and (c) I cured the previous default. The following applies to all other cardholders: I will be in default if: (1) I fail to make any payment on time; (2) if I fail to keep any promises I have made under this Agreement or under other Agreements I have with you;

Appears in 2 contracts

Samples: Visa Credit Card Agreement, Visa Credit Card Agreement

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Right to Cure Default. If the Wisconsin Consumer Act applies and if I am you are in default under this CardAgreement, you we must give a notice of default to me you pursuant to Wisconsin Statutes sec. 425.104 and 425.105. I You shall have fifteen (15) calendar days from the date the notice is mailed to me you to cure the default. In the event of an uncured default, you we shall have all the rights and remedies for default provided under the Wisconsin Consumer Act, Uniform Commercial Code, or other applicable law, including, but not limited to, the right to repossess the collateral. We may waive any collateraldefault without waiving any other subsequent or prior default by you. No Right to Cure: Pursuant to Wis. Stat. Sec. 425.105(3), I you shall not have the right to cure a default if the following occur twice during the preceding twelve (12) months: (a) I was you were in default on the Line; (b) we gave you gave me notice of the right to cure such previous default in accordance with Wis.Stat. .Sec. 425.104; and (c) I you cured the previous default. The following applies to all other cardholders: I will be Nothing in default if: (1) I fail to make any payment on time; (2) if I fail to keep any promises I have made under this Agreement shall be construed to restrict our ability to exercise our rights under the Wisconsin Consumer Act, Uniform Commercial Code, or under other Agreements I have with you;applicable law, including, but not limited to, the right to repossess the collateral.

Appears in 1 contract

Samples: Personal Line of Credit

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Right to Cure Default. If the Wisconsin Consumer Act applies and if I am you are in default under this CardAgreement, you we must give a notice of default to me you pursuant to Wisconsin Statutes sec. 425.104 and 425.105. I You shall have fifteen (15) calendar days from the date the notice is mailed to me you to cure the default. In the event of an uncured default, you we shall have all the rights and remedies for default provided under the Wisconsin Consumer Act, Uniform Commercial Code, or other applicable law, including, but not limited to, the right to repossess the collateral. We may waive any collateraldefault without waiving any other subsequent or prior default by you. No Right to Cure: Pursuant to Wis. Stat. Sec. 425.105(3), I you shall not have the right to cure a default if the following occur twice during the preceding twelve (12) months: (a) I was you were in default on the Linethis Agreement; (b) we gave you gave me notice of the right to cure such previous default in accordance with Wis.Stat. .Sec. 425.104; and (c) I you cured the previous default. The following applies to all other cardholders: I will be Nothing in default if: (1) I fail to make any payment on time; (2) if I fail to keep any promises I have made under this Agreement shall be construed to restrict our ability to exercise our rights under the Wisconsin Consumer Act, Uniform Commercial Code, or under other Agreements I have with you;applicable law, including, but not limited to, the right to repossess the collateral.

Appears in 1 contract

Samples: Agreement

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