Common use of Time to Cure Certain Non-Monetary Defaults Clause in Contracts

Time to Cure Certain Non-Monetary Defaults. In the event of any default other than failure to pay a sum of money, for which notice has been given as provided herein, which because of its nature can be cured but not within the period of grace heretofore allowed, then such default shall be deemed remedied, if the correction thereof shall have been commenced within said grace period or periods and shall, when commenced, be diligently prosecuted to completion.

Appears in 9 contracts

Samples: Subordination Agreement (ChromaDex Corp.), Lease (Lightwave Logic, Inc.), Lease (Dot Hill Systems Corp)

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Time to Cure Certain Non-Monetary Defaults. In the event of any default other than failure to pay a sum of money, for which notice has been given as provided herein, which because of its nature can be cured but not within the period of grace heretofore allowed, then such default shall be deemed remedied, if the correction thereof shall have been commenced within said grace period or periods and shall, when commenced, be diligently prosecuted to completion.. 22.10

Appears in 1 contract

Samples: Nlight, Inc.

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