Additional Cure Period definition

Additional Cure Period means (i) with respect to a monetary default, ten (10) days in addition to the cure period (if any) provided to Seller in the Assigned Agreement, and (ii) with respect to a non-monetary default, thirty (30) days in addition to the cure period (if any) provided to Seller in the Assigned Agreement.
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Additional Cure Period means (i) with respect to a monetary default, ten
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Additional Cure Period has the meaning set forth in Section 12.2.3 (Disputes Regarding Material Breach).
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Examples of Additional Cure Period in a sentence

  • Upon the occurrence of an Event of Default, subject to (i) the expiration of the relevant cure periods provided to Seller under the Assigned Agreement, and (ii) Section 4(a) above, Buyer shall not terminate the Assigned Agreement unless it or Seller provides Financing Provider with notice of the Event of Default and affords Financing Provider an Additional Cure Period (as defined below) to cure such Event of Default.

  • Upon the occurrence of an Event of Default, subject to (i) the expiration of the relevant cure periods provided to Seller under the Assigned Agreement, and (ii) Section 4(a) above, PG&E shall not terminate the Assigned Agreement unless it or Seller provides Financing Provider with notice of the Event of Default and affords Financing Provider an Additional Cure Period (as defined below) to cure such Event of Default.

  • If the parties are unable to agree on an Additional Cure Plan or Additional Cure Period, Sears shall, in its sole but good faith discretion, determine such Additional Cure Plan or Additional Cure Period.

  • Upon the occurrence of an Event of Default, subject to (i) the expiration of the relevant cure periods provided to Seller under the Assigned Agreement, and (ii) Section 4(a) above, PG&E shall not terminate the Assigned Agreement unless it or Seller provides Financing Provider with Notice of the Event of Default and affords Financing Provider an Additional Cure Period (as defined below) to cure such Event of Default.

  • Such late charge shall be payable on demand, or, without demand, may in the sole discretion of WCMA Lender be paid by a subsequent WCMA Loan and added to the WCMA Loan Outstandings.

  • In the event, such deviation is not rectified within the Cure Period of 60 Business Days and the Additional Cure Period of 30 Business Days, the performance security will be forfeited in accordance with clause 2 of Schedule XI- Performance Security.

  • Upon the occurrence of an Event of Default, subject to (i) the expiration of the relevant cure periods provided to Seller under the Assigned Agreement, and (ii) Section 4(a) above, RCEA shall not terminate the Assigned Agreement unless it or Seller provides Financing Provider with notice of the Event of Default and affords Financing Provider an Additional Cure Period (as defined below) to cure such Event of Default.

  • If, as a result of such dispute resolution process, it is determined that the alleged Defaulting Party committed a Default and the Defaulting Party does not cure such Default within sixty (60) days after the date of such dispute resolution award (the “Additional Cure Period”), then such termination shall be effective as of the expiration of the Additional Cure Period.

  • The Borrower shall further agree that, following an Extraordinary Additional Cure Period, the equitable appointment of a receiver hereunder is the only remedy available for the Corporation to ensure compliance with the terms of any agreement entered into in accordance with this Compliance Policy and the safety and well-being of the residents of the development owned by the Borrower who has committed a Material Event of Default.

  • In his view, paragraph 5.2 envisaged that the Lotus Delivery Materials that were required to be remedied would be physically available to the Respondents throughout the Additional Cure Period.


More Definitions of Additional Cure Period

Additional Cure Period has the meaning set forth in Section 12.2(b)(ii).
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Additional Cure Period is defined in Section 13.3(b).
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Additional Cure Period has the meaning set forth in Section 10.4(c)(ii).
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Additional Cure Period has the meaning set forth in Section 12.2(b) (Termination for Material Breach). 1 [*] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended.
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Additional Cure Period has the meaning set forth in Section 13.2.1 (Termination of Agreement for Cause).
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Related to Additional Cure Period

  • Cure Period means the period specified in this Agreement for curing any breach or default of any provision of this Agreement by the Party responsible for such breach or default and shall:

  • Claim Determination Period means a calendar year. However, it does not include any part of a year during which a person has no coverage under This Plan, or any part of a year before the date this COB provision or a similar provision takes effect.

  • Cure means the distribution within a reasonable period of time following the Effective Date of Cash, or such other property as may be agreed upon by the parties or ordered by the Bankruptcy Court, with respect to the assumption or assumption and assignment of an executory contract or unexpired lease, pursuant to section 365(b) of the Bankruptcy Code, in an amount equal to all unpaid monetary obligations, without interest, or such other amount as may be agreed upon by the parties under such executory contract or unexpired lease, to the extent such obligations are enforceable under the Bankruptcy Code and applicable bankruptcy law.