Applicable Cure Period definition

Applicable Cure Period means (i) with respect to a monetary default, the greater of the right afforded Landlord under the Lease with respect to said default or five (5) days after receipt of the Notice and (ii) with respect to a non-monetary default, the greater of the right afforded Landlord under the Lease with respect to said default or twenty (20) days after receipt of the Notice. Without limiting Section 3 above, nothing in this Section 5 shall act to restrict or delay Tenant’s rights of abatement or offset under the Lease.
Applicable Cure Period means five (5) Business Days; provided, however, that:
Applicable Cure Period has the meaning given to it in Clause 42.2(c)(ii).

Examples of Applicable Cure Period in a sentence

  • For the breach of an obligation or covenant of confidentiality and for breaches of Sections 6, 8, and 22, there shall be no Applicable Cure Period.

  • Notwithstanding the foregoing, in the event of two (2) monetary defaults during the term of this Note, the Applicable Cure Period for any future monetary default or defaults following such second monetary default shall be ten (10) calendar days instead of thirty (30) calendar days.

  • If the Default was committed by GCA and that Default remains un-remedied at the end of the Applicable Cure Period the IBE may terminate this Agreement by giving a Termination Notice of not less than two (2) Month to GCA, upon which GCA shall takeover the Facility in accordance with Clause 24.6(a) (Consequences of Termination other than upon Expiration of Term).

  • If the event or condition giving rise to the right of termination is not cured within The Applicable Cure Period, this Agreement will automatically be deemed terminated at the end of the Applicable Cure Period.

  • If the event or condition giving rise to the right of termination is not cured within The Applicable Cure Period,this Agreement will automatically be deemed terminated at the end of the Applicable Cure Period.

  • Such distribution will be effected by first-class mail within fifteen(15) days of the publication of the Notice in the Federal Register .FOR FURTHER INFORMATION CONTACT:Angelena C.

  • If the Default was committed by the IBE and that Default remains unremedied at the end of the Applicable Cure Period, GCA may terminate this Agreement by giving a written notice (Termination Notice) of not less than two (2) Month to the IBE; and upon which GCA shall takeover the Facility in accordance with Clause 24.6(b) (Consequences of Termination other than upon Expiration of Term).

  • From the date of the notice, the other party will havethe Applicable Cure Period (as defined below) to cure the breach to the reasonable satisfaction of the party desiringtermination.

  • From the date of the notice, the other party will have the Applicable Cure Period (as defined below) to cure the breach to the reasonable satisfaction of the party desiring termination.

  • This Agreement shall remain in full force and effect until the expiration of the Applicable Cure Period or other termination notice period.


More Definitions of Applicable Cure Period

Applicable Cure Period means the period allowed to the Security Trustee to cure or procure the cure of a Critical Default as set out in Schedule 1 hereto, being a period commencing on the date of notice being given to the Security Trustee pursuant to clause 3.3(b).
Applicable Cure Period with respect to any breach by Sema4 on the one hand or a Mount Sinai Party on the other hand means a [***] cure period determined by the [***] (i.e., [***]) taking into account the [***] of the breach, with the understanding that the following cure periods shall be deemed [***] for purposes of this Agreement and the cure period [***] shall not be [***] the applicable following periods: (i) for any breach [***], [***] days after the breaching party receives notice of the breach from the non-breaching party, (ii) where a [***] has been breached, a period of [***] days after the due date of the [***]; provided, however, that, with respect to the first breach of a [***] relating to [***], if Sema4 is making [***] efforts to cure the breach, at Sema4’s request, Sema4 shall be entitled to [***] additional [***]-day cure periods (for a total cure period of [***] days); (iii) where a [***] exists but it is not reasonably likely that an actual breach of [***] has occurred, [***] days after the first to occur of Sema4 becoming aware of the [***] or the date on which notice of such [***] is given to Sema4 by the Mount Sinai Parties; (iv) where a [***] breach or any other [***] exists and it is reasonably likely that [***] is being [***] or otherwise [***] in an [***], [***] days after the first to occur of Sema4 becoming aware of the [***] or the date on which notice of such [***] is given to Sema4 by the Mount Sinai Parties; (v) where [***], [***] days after the date of such [***]; and (vi) for any breach that [***] or causes [***], [***] days after the first to occur of Sema4 becoming aware of the breach or receiving notice of the breach from the Mount Sinai Parties unless a [***] period is required by law; provided that the Parties agree and acknowledge there shall be no Applicable Cure Period for any [***].
Applicable Cure Period means, in the case of a Material Event of Default, a period of 8 months and, in the case of any other Default:
Applicable Cure Period has the meaning given in clause 39.3(c)(i) (as such period is extended under clause 39.3(g)).

Related to Applicable Cure Period

  • Initial Cure Period As defined in Section 2.03(b).

  • 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:

  • Applicable Commitment Fee Rate shall mean the percentage rate per annum based on the Leverage Ratio then in effect according to the pricing grid on Schedule 1.1(A) below the heading “Commitment Fee.”

  • Applicable Commitment Fee Rate means, with respect to any day during the period commencing on the Restatement Effective Date and ending on the earlier of the date the Commitments are terminated and the Revolver Termination Date, a rate per annum equal to (x) 1.00%, if the utilized portion of the aggregate Commitments as of the close of business on such day (after giving effect to borrowings, prepayments and commitment reductions on such day) is less than or equal to an amount equal to thirty five percent (35%) of such aggregate Commitments and (y) 0.50% if the utilized portion of the aggregate Commitments as of the close of business on such day (after giving effect to borrowings, prepayments and commitment reductions on such day) is greater than an amount equal to thirty five percent (35%) of such aggregate Commitments. For purposes of determining the Applicable Commitment Fee Rate, the Commitments shall be deemed to be utilized to the extent of the outstanding Loans of all Lenders.

  • PEA Period means the period commencing at 9:30 a.m., Eastern time, on the fifth (5th) Business Day immediately prior to the filing of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement), and ending at 9:30 a.m., Eastern time, on the Business Day immediately following, the effective date of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement).