Cure Payment definition

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

Cure Payment shall have the meaning set forth in Section 2.02.A.

Cure Payment has the meaning provided in Section 4(c).

Examples of Cure Payment in a sentence

• The right of a Note B Holder to reimbursement of any Cure Payment shall be as set forth in Section 5 and Section 6, as applicable.

• If Seller does not pay the GEP Damages within the Cure Payment Period, then Buyer may, at its option, declare an Event of Default pursuant to Section 5.1(b)(v)(A) within ninety (90) days following the Cure Payment Period.

• Notice for Final Cure - Response If a creditor agrees with the information contained in the Notice of Final Cure Payment filed by the debtor or the Trustee, the response by the creditor indicating agreement may be filed pro se.

• If Seller does not pay the GEP Damages within the Cure PaymentPeriod, then Buyer may, at its option, declare an Event of Default pursuant to Section 5.1(b)(vi)(A) within ninety (90) days following the Cure Payment Period.

• Upon the tendering of the Cure Payment, any such Filed or Scheduled Claim shall be disallowed with prejudice, without further order of the Bankruptcy Court or action by any Person.

More Definitions of Cure Payment

Cure Payment means: (i) if the Cure Amount is equal to or less than One Million Dollars ($1,000,000), the Cure Amount; or (ii) if the Cure Amount is in excess of One Million Dollars ($1,000,000), an amount equal to (a) One Million Dollars ($1,000,000) plus (b) an amount equal to fifty percent (50%) of the amount by which the Cure Amount exceeds One Million Dollars ($1,000,000).

Cure Payment means the payment of Cash or the distribution of other property (as the parties may agree or the Bankruptcy Court may order) that is necessary to cure any and all defaults under an executory contract or unexpired lease so that such contract or lease may be assumed, or assumed and assigned, pursuant to Bankruptcy Code section 1123(b)(2).

Cure Payment means the payment of cash or the distribution of other property (as

Cure Payment. As defined in Section 3.09(i).

Cure Payment means the payment of cash or the distribution of other property (as the parties may agree or the Court may order), as necessary to cure defaults under an executory contract or unexpired lease of the Debtor so that the Debtor may assume and assign the contract or lease pursuant to Bankruptcy Code section 365(a).

Cure Payment means, at any time that a Financial Covenant Breach occurs giving rise to a Cure Right, a payment funded exclusively from the Net Proceeds of an issuance of equity interests (whether shares of capital stock, warrants, options or other rights entitling the holder thereof to acquire shares of capital stock) by Borrower Representative or the receipt of a cash contribution to the capital of Borrower Representative, in each case the Net Proceeds or, with respect to a cash contribution, the proceeds, of which are used by Borrower Representative to cure such Financial Covenant Breach, in an amount not to exceed the amount necessary to cure such Financial Covenant Breach, which payment (to the extent not utilized to repay Loans) shall be added to EBITDA for the purpose of computing the financial covenants for the period with respect to which the Cure Right arose.

Cure Payment means the monetary payments required pursuant to Bankruptcy Code §365(b)(1)(A) to cure defaults under Contracts to which the Debtor is a party and which will be assumed pursuant to the Joint Plan. Such Cure Payment shall be conclusively determined and set for each such Contract in the amounts reflected in Exhibit “B” attached hereto.