Cure Party definition

Cure Party. As defined in the Property Management Agreement.
Sample 1Sample 2Sample 3
Cure Party. (i) With respect to any Mortgaged Property, Mortgage Loan, Qualified Substitute Mortgage Loan or Qualified Substitute Mortgaged Property acquired by the applicable Issuer from an Originator, such Originator; (ii) with respect to any Mortgage Loan, Mortgaged Property, Qualified Substitute Mortgaged Property or Qualified Substitute Mortgage Loan acquired by the applicable Issuer from a third party unaffiliated with Spirit Realty, such Issuer; and (iii) in the case of either of (i) or (ii), Spirit Realty in its capacity asthe Support Provider under the Performance Undertaking.
Sample 1Sample 2Sample 3
Cure Party. (i) With respect to any Mortgaged Property, Mortgage Loan, Qualified Substitute Mortgage Loan or Qualified Substitute Mortgaged Property acquired by the applicable Issuer from an Originator, such Originator; (ii) with respect to any Mortgage Loan, Mortgaged Property, Qualified Substitute Mortgaged Property or Qualified Substitute Mortgage Loan acquired by the applicable Issuer from a third party unaffiliated with Spirit Realty, such Issuer; and (iii) in the case of either of (i) or (ii), the Support Provider under the Performance Undertaking. “Custodian ”: As defined in the Indenture. “Custodian Inventory List ”: As defined in the Custody Agreement. “Custody Agreement ”: The Second Amended and Restated Custody Agreement, dated as of the Applicable Closing Date, among the Issuers, the Indenture Trustee and the Custodian, as the same may be amended or supplemented from time to time. “Default Interest ”: With respect to any (i) Lease, any amounts collected thereon (other than late payments, late payment charges or amounts representing the Third Party Option Price (without giving effect to clause (ii) in the definition thereof) paid by the related the Tenant) that represent penalty interest accrued at the rate specified in the related lease agreement and (ii) Mortgage Loan, any amounts collected thereon (other than late payments, late payment charges 7 US-DOCS\ 96557504.7 102826315.7
Sample 1Sample 2

Examples of Cure Party in a sentence

  • All Permitted Cure Term Loans shall be made directly by the Permitted Cure Party; provided that, on the date such Permitted Cure Term Loan is made, the Permitted Cure Term Party and the Borrowers shall provide written notice thereof to the Agent and the Lenders.

  • Agent shall not be deemed to have knowledge or notice of the occurrence of a Default or an Event of Default or other failure of a condition precedent to the Term Loans hereunder, unless and until Agent has received written notice from a Lender (other than a Lender that is a Permitted Cure Party), or the Borrower specifying such Event of Default or any unfulfilled condition precedent, and stating that such notice is a “Notice of Default or Failure of Condition”.

  • Unless and until such notice is delivered, the Agent shall have no duties or obligations hereunder with respect to the applicable Permitted Cure Term Loan or Permitted Cure Party.


More Definitions of Cure Party

Cure Party. (i) With respect to any Mortgaged Property or Mortgage Loan acquired by the applicable Issuer pursuant to the Purchase and Sale Agreements or any Qualified Substitute Mortgage Loan or Qualified Substitute Mortgaged Property substituted for any such Mortgage Loan or Mortgaged Property by the applicable Originator, such Originator; (ii) with respect to any Mortgage Loan, Mortgaged Property, Qualified Substitute Mortgaged Property or Qualified Substitute Mortgage Loan acquired by the applicable Issuer from a third party, such Issuer; and (iii) with respect to the obligations of such Originator or such Issuer in the case of each of the foregoing clauses (i) and (ii), Spirit Finance in its capacity as Support Provider under the applicable Performance Undertaking.
Sample 1
Cure Party. (i) For so long as SCF Realty Capital is the Property Manager, the Property Manager or (ii) if SCF Realty Capital is not the Property Manager, the applicable Issuer.
Sample 1
Cure Party. (i) With respect to any Mortgaged Property, Mortgage Loan, Qualified Substitute Mortgage Loan or Qualified Substitute Mortgaged Property acquired by the applicable Issuer from an Originator pursuant to a Property Transfer Agreement or any Qualified Substitute Mortgage Loan or Qualified Substitute Mortgaged Property substituted for any such Mortgage Loan or Mortgaged Property by the applicable Originator, such Originator; (ii) with respect to any Mortgage Loan, Mortgaged Property, Qualified Substitute Mortgaged Property or Qualified Substitute Mortgage Loan acquired by the applicable Issuer from a third party unaffiliated with Spirit Realty, such Issuer; and (iii) in the case of either of (i) or (ii), Spirit Realty in its capacity as Support Provider under the applicable Performance Undertaking
Sample 1
Cure Party. (i) With respect to any Mortgaged Property acquired by the Issuer pursuant to the Sale and Contribution Agreement, including any Qualified Substitute Mortgaged Property acquired in exchange for a Repurchased Mortgaged Property, the applicable Originator, (ii) with respect to any Qualified Substitute Mortgaged Property acquired from a Person other than from an Originator in exchange for a Repurchased Mortgaged Property, or any Qualified Additional Mortgaged Property acquired by the Issuer, the Property Manager, (iii) with respect to any Mortgaged Property for which any representation set forth in Section 2.01(d) shall have proven to be untrue on the Closing Date which materially and adversely affects the value of, or interests of the Issuer in, such Mortgaged Property, the Property Manager, and (iv) with respect to the obligations of an Originator or the Property Manager in the case of each of the foregoing clauses (i), (ii) and (iii), CNL in its capacity as Support Provider under the Performance Undertaking.
Sample 1

Related to Cure Party

  • Cure Payment shall have the meaning set forth in Section 11(b).

  • Breaching Party has the meaning set forth in Section 12.2.

  • 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:

  • Cure Claim means a Claim (unless waived or modified by the applicable counterparty) based upon a Debtor’s defaults under an Executory Contract or an Unexpired Lease assumed by such Debtor under section 365 of the Bankruptcy Code, other than a default that is not required to be cured pursuant to section 365(b)(2) of the Bankruptcy Code.

  • Cure Right shall have the meaning assigned to such term in Section 7.03.

  • Non-Breaching Party has the meaning set forth in Section 9.2.1.

  • 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.

  • complaining Party means any Party that requests the establishment of an arbitration panel under Article 3.5 (Initiation of the Arbitration Procedure);

  • 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.

  • Material Defect As defined in Section 2.02(c) hereof.

  • Aggrieved party means a party entitled to pursue a remedy.

  • Innocent Party means, in relation to a breach of an obligation under this contract, the party who is not in breach of that obligation; "Insolvency Event", in relation to either of the parties, has occurred where:

  • Party or “Parties” has the meaning set forth in the Preamble.

  • Initiating Party shall have the meaning set forth in Article 13.

  • Cure Amount has the meaning assigned to such term in Section 7.02(a).

  • Indemnitor has the meaning set forth in Section 12.3.

  • Selling Party has the meaning set forth in the definition of “Net Sales.”

  • Force Majeure Exception means any failure or delay in the performance of the Issuer's reporting obligation pursuant to Section 2.4 arising out of or caused, directly or indirectly, by circumstances beyond its reasonable control, including, without limitation, acts of God; earthquakes; flood; terrorism; wars and other military disturbances; sabotage; epidemics; riots; loss or malfunctions of utilities, computer (hardware or software) or communication services; accidents; acts of civil or military authority and governmental action. The Issuer shall use commercially reasonable efforts to commence performance of its obligations during any of the foregoing circumstances.

  • Initiating Member shall have the meaning provided in Section 15.2(a).

  • Cure Date means the MuniPreferred Basic Maintenance Cure Date or the 1940 Act Cure Date, as the case may be.

  • Material Document Defect As defined in Section 2.03(a) of this Agreement.

  • Material Default means a material breach of this Framework Agreement and/or, breach by the Supplier of any of the following Clauses: Clause 8 (Warranties and Representations), Clause 9 (Prevention of Bribery and Corruption), Clause 13 (Statutory Requirements and Standards), Clause 14 (Non-Discrimination), Clause 15 (Provision of Management Information), Clause 16 (Management Charge), Clause 17 (Records and Audit Access), Clause 22 (Data Protection), Clause 23 (Freedom of Information) and Clause 31 (Transfer & Sub-contracting);

  • Project Document means any one of the foregoing;

  • Consenting Party means a Party who agrees to participate in and pay its share of the cost of an Exclusive Operation.

  • Responding Party has the meaning set forth in Section 7.02(a).

  • Project Party means each Person (other than the Borrowers) who is a party to a Project Document.