Cure Notice definition

Cure Notice means a notice of a proposed amount to be paid on account of a Cure Claim in connection with an Executory Contract or Unexpired Lease to be assumed under the Plan pursuant to section 365 of the Bankruptcy Code, which notice shall include: (a) procedures for objecting to proposed assumptions of Executory Contracts and Unexpired Leases; (b) Cure Claims to be paid in connection therewith; and (c) procedures for resolution by the Bankruptcy Court of any related disputes.

Cure Notice means the notice of proposed Cure amount provided to counterparties to assumed Executory Contracts or Unexpired Leases pursuant to Article 7.2(e) of the Plan.

Cure Notice means any notice that sets forth the proposed Cure Costs under any Executory Contract or Unexpired Lease at the time such contract or lease is assumed by the applicable Debtors under the Plan, which notice shall include (a) procedures for objecting to proposed assumptions or assignments of the applicable Executory Contracts and/or Unexpired Leases, (b) the Cure Costs proposed to be paid in connection therewith, and(c) procedures for resolution by the Bankruptcy Court of any related dispute.

Examples of Cure Notice in a sentence

• Nevertheless, because the Lease was included in the Cure Notice, Landlord also files this Cure Objection out of an abundance of caution to preserve its rights to recover all amounts due and owing under the Lease.

• In connection with the Sale, the Debtors filed the Cure Notice on March 15, 2019 [D.I. 153].

• Unless otherwise agreed upon in writing by the parties to the applicable Executory Contract or Unexpired Lease, all requests for payment of Cure Claims that differ from the amounts proposed in the Cure Notice must be filed with the Bankruptcy Court on or before 30 days after the Effective Date.

• The Supplier shall respond to any such Cure Notice within a reasonable time or within such time as provided therein and the Supplier shall either cure the specified conditions or provide assurances to cure the same which the Government, in its sole discretion, deems adequate.

• While Landlord has not receive a Cure Notice, it understands from the Debtors that a Cure Notice with respect to the Lease was served which asserted a cure amount of $42,208.81.

More Definitions of Cure Notice

Cure Notice has the meaning specified in Section 7.10(b).

Cure Notice as defined in Section 7.2(b).

Cure Notice means a written notice from the Required Lenders to the Borrower indicating that the Required Lenders are granting the Borrower a cure period not exceeding ninety (90) days in order to cure an occurrence that would otherwise constitute an Event of Default.

Cure Notice shall have the meaning set forth in Section 8(d) hereof.

Cure Notice has the meaning set forth in Section 2.5(a).

Cure Notice means a notice sent to the non-Debtor counterparties to an Executory Contract or Unexpired Lease in connection with the proposed assumption or assumption and assignment of such Executory Contract or Unexpired Lease under the Plan pursuant to section 365 of the Bankruptcy Code, the form and substance of which notice shall be approved by the Disclosure Statement Order and shall include (a) procedures for objecting to proposed assumptions or assumptions and assignments of Executory Contracts and Unexpired Leases, (b) the proposed amount to be paid on account of Cure Claims, and (c) procedures for resolution by the Bankruptcy Court of any related disputes; provided that the Assumed Executory Contract/Unexpired Lease Schedule and any Amended Assumed Executory Contract/Unexpired Lease Schedule may each constitute a “Cure Notice” hereunder.

Cure Notice shall have the meaning assigned to such term in Section 8.03(a).