Right to Cure Event of Default. Upon the occurrence of any ------------------------------ event of default entitling a party to terminate this Agreement, the non- defaulting party may send notice of termination, specifying the nature of the default, to the other party. The non-defaulting party shall permit 30 calendar days, following the date of such notice to enable the other party to cure the default to the non-defaulting party's satisfaction (assuming that the default is susceptible of cure). Failure to cure the default shall result in termination without further notice by the non-defaulting party, unless such non-defaulting party extends the cure period by written notice or withdraws the default notice.
Right to Cure Event of Default. Without waiving or releasing any obligation contained in this Agreement, the FCRHA may (but shall be under no obligation to) perform such obligation on Developer’s behalf to cure an Event of Default (provided such Event of Default can be cured by payment or performance). Nothing in this Section 4.03.C or elsewhere in this Agreement shall imply any duty upon the part of the FCRHA to do anything required to cure an Event of Default and any performance by the FCRHA shall not constitute a waiver of an Event of Default. The FCRHA shall not be liable for any damage to Developer resulting from the FCRHA’s exercise of its rights hereunder, and the obligations of Developer under this Agreement shall not be affected thereby. All reasonable sums paid by the FCRHA and all reasonable costs and expenses incurred by the FCRHA in connection with its performance hereunder, together with interest thereon at the lesser of: (a) twelve percent (12%) per annum, compounded monthly, or (b) the highest interest rate permitted by Virginia law for commercial loans shall be paid by Developer, to the FCRHA within ten (10) days after the FCRHA shall have submitted to Developer, as applicable, a statement, in reasonable detail, substantiating the amount demanded by the FCRHA.
Right to Cure Event of Default. Upon the occurrence of any event of default entitling a party to terminate this Ultrio Addendum, the non-defaulting party may send notice of event of default, specifying in reasonable detail the nature of the default, to the defaulting party. The defaulting party will have [...***...] following the date of receipt of such notice within which to cure the breach or event of default. Failure to cure the default within such time period will result in termination of the Ultrio Development Program without further notice by the non-defaulting party, unless such non-defaulting party extends the cure period by written notice or withdraws the default notice. (The expiration of the period for such right to cure without cure, extension or withdrawal of the default notice is referred to as the "effective date of termination".)
Right to Cure Event of Default. Upon the occurrence of any event of default entitling a party to terminate this West Nile Virus Addendum, the non-defaulting party may send notice of event of default, specifying in reasonable detail the nature of the default, to the defaulting party. The defaulting party will have [***] following the date of receipt of such notice within which to cure the breach or event of default. Failure to cure the default within such time period will result in termination of the WNV Development Program without further notice by the non-defaulting party, unless such non-defaulting party extends the cure period by written notice or withdraws the default notice. (The expiration of the period for such right to cure without cure, extension or withdrawal of the default notice is referred to as the "effective date of termination".)
Right to Cure Event of Default. Without waiving or releasing Developer from any obligation of Developer contained in this Agreement, the County may (but shall be under no obligation to) perform such obligation on Developer’s behalf to cure an Event of Default (provided such Event of Default can be cured by payment or performance from a party other than Developer). Nothing in this Section 5.03.C or elsewhere in this Agreement shall imply any duty upon the part of the County to do anything required to cure an Event of Default by Developer hereunder and any performance by the County shall not constitute a waiver of Developer’s Event of Default. Except for gross negligence or willful misconduct by the County, the County shall not be liable for any damage to Developer resulting from the County’s exercise of its rights hereunder, and the obligations of Developer under this Agreement shall not be affected thereby. All reasonable sums paid by the County and all reasonable costs and expenses incurred by the County in connection with its performance hereunder, together with interest thereon at the greater of: (a) twelve percent (12%) per annum, compounded monthly, or (b) the highest interest rate permitted by Applicable Laws; shall be paid by Developer to the County within ten (10) days after the County shall have submitted to Developer a statement, in reasonable detail, substantiating the amount demanded by the County. For an Event of Default under Section 5.03.B.2, the County shall provide both the Defaulting Developer and the Non-Defaulting Developer with written notice fifteen
Right to Cure Event of Default. The Company and any Financing Party shall have an opportunity to cure any Event of Default associated with the Company’s failure to make a payment hereunder by paying the full amount due, together with any penalties and interest thereon, within fifteen (15) days of the Company’s receipt of written Notice of Default (as defined below) with respect thereto. The Company and any Financing Party shall have an opportunity to cure any Event of Default associated with the Company’s failure to perform its obligations under this Agreement, other than for payment, for a period of thirty (30) days after the Company’s receipt of a written Notice of Default (as defined below) specifying the nature of such Default and requesting that it be remedied; provided, however, that if such failure is not feasibly capable of cure within thirty (30) days, the Company and any Financing Party shall be granted additional time to effect cure, provided the effort to cure has been commenced within such thirty (30) day period and prosecuted with due diligence.
Right to Cure Event of Default. If Grantor shall fail to comply with any of the covenants or obligations of this Deed of Trust, Beneficiary may, but shall not be obligated to, without demand upon Grantor, and without waiving or releasing Grantor from any obligation in this Deed of Trust contained, remedy such failure, and Grantor agrees to repay upon demand all sums incurred by Beneficiary in remedying any such failure together with interest at the Default Rate. All such sums, together with interest as aforesaid shall become Indebtedness. No such advance shall be deemed to relieve Grantor from any failure hereunder.
Right to Cure Event of Default. Upon the occurrence of any event of default entitling a party to terminate this Agreement, the non-defaulting party may send notice of termination, specifying the nature of the default, to the other party. The non-defaulting party will permit thirty (30) days following the date of such notice to enable the other party to cure the default. Failure to cure the default will result in termination without further notice by the non-defaulting party, unless such non-defaulting party extends the cure period by written notice or withdraws the default notice.
Right to Cure Event of Default. If the Mortgagor shall fail to comply with any of the covenants or obligations of this Mortgage, the Mortgagee may, but shall not be obligated to, without demand upon the Mortgagor, and without waiving or releasing the Mortgagor from any obligation in this Mortgage contained, remedy such failure, and the Mortgagor agrees to repay upon demand all sums incurred by the Mortgagee in remedying any such failure together with interest at the Default Rate, as defined under the terms of the Note. All such sums, together with interest as aforesaid shall become so much additional Indebtedness Secured Hereby, but no such advance shall be deemed to relieve the Mortgagor from any failure hereunder.
Right to Cure Event of Default. If the Mortgagor shall fail to comply with any of the covenants or obligations of this Mortgage, the Mortgagee may, but shall not be obligated to, without demand upon the Mortgagor, and without waiving or releasing the Mortgagor from any obligation in this Mortgage contained, remedy such failure, and the Mortgagor agrees to repay upon demand all sums incurred by the Mortgagee in remedying any such failure together with interest at the Default Rate, as defined under the terms of the Credit Agreement. All such sums, together with interest as aforesaid shall become so much additional Indebtedness Secured Hereby, but no such advance shall be deemed to relieve the Mortgagor from any failure hereunder.
