Cure Amount definition
Examples of Cure Amount in a sentence
The Cure Amount used to calculate Consolidated EBITDA for any fiscal quarter will be used and included when calculating Consolidated EBITDA for each Reference Period that includes such fiscal quarter.
Prior to the receipt of the Cure Amount, any action under this Agreement or any other Loan Document that is precluded if an Event of Default is continuing shall be precluded notwithstanding the Cure Right.
Notwithstanding anything herein to the contrary, to the extent that the Expected Cure Amount is less than the Necessary Cure Amount, then not later than the applicable Cure Deadline, the Borrower must receive cash proceeds from issuance of Equity Interests (other than Disqualified Stock) or a cash capital contribution, which cash proceeds received by Borrower shall be equal to the shortfall between such Expected Cure Amount and such Necessary Cure Amount.