Cure Plan definition

Cure Plan has the meaning set forth in Section 11.1(b)(iii).

Cure Plan means a plan to rectify a default, as provided in this SPA.

Cure Plan has the meaning given in clause 22.2(e).

Examples of Cure Plan in a sentence

• The Cure Plan must include, as applicable, evidence of necessary resources, correction plans, Subconsultant commitments, schedules and recovery schedules, and affirmative commitments to correct the asserted deficiencies, must meet all applicable requirements and show a realistic and achievable plan to cure the breach.

• A reasonable time shall be set by which the defaulting party must provide the Cure Plan.

• Within 30 days after Xxxxx’s timely receipt of the Efficiency Rating Cure Plan from Seller, Buyer shall provide a Notice to Seller either accepting or rejecting such Efficiency Rating Cure Plan.

• Upon Xxxxx’s acceptance of the Efficiency Rating Cure Plan, Buyer shall send a Notice to Seller, which Notice shall provide Seller with 180 days from the date of such Notice (the “Efficiency Rating Cure Period”) to rectify the Efficiency Rating Deficiency.

• If Xxxxx rejects the Efficiency Rating Cure Plan, Buyer and Seller shall negotiate in good faith to rectify any deficiency in the Efficiency Rating Cure Plan.

More Definitions of Cure Plan

Cure Plan means a plan submitted by the Borrower to the Administrative Agent satisfying the requirements of Section 2.06(c).

Cure Plan means a plan by a party to remedy a material breach of this Agreement which:

Cure Plan has the meaning set forth in Section 5.2(f).

Cure Plan means proposals by the capacity provider demonstrating how and when it will comply with the specified requirement (except as to any provision in capacity market rules about the time for compliance with the specified requirement);

Cure Plan has the meaning given in Section 18.3(b) of the Agreement.

Cure Plan means the plan defined as such in paragraph 6 or any alternative plan specified by Expert Determination in the circumstances described in paragraph 10; “End-to-End Test” means the test(s) specified by National Grid for the purposes of ascertaining whether the Mandatory Works Provisions have been satisfied in respect of the applicable Site(s); “Good Industry Practice” the exercise of that degree of skill, diligence, prudence and foresight which would reasonably and ordinarily be expected from a skilled and experienced operator engaged in the same type of undertaking under the same or similar circumstances;“Mandatory Works Provisions”means, in respect of the applicable Site(s), the provision and programme for completion of the Works to ensure that: (i) the relevant FFR Unit is capable of providing dynamic Firm Frequency Response in accordance with the FFR Contract; and (ii) the necessary communications and metering are installed and commissioned to provide metering data in accordance with paragraph 3.13 of the Tender Rules and Standard Contract Terms in the case of the relevant FFR Unit; “Milestone Dates” means the dates for certain activities/milestones comprising the Works specified by the FFR Provider in its proposal for a New FFR Unit submitted to National Grid pursuant to Appendix 7;“National Grid Default”means a breach by National Grid of any of its obligations to the FFR Provider under any contract (including pursuant to the relevant FFR Contract and the Tender Rules and Standard Contract Terms) or any negligent act or omission by National Grid; “Relief Event” means

Cure Plan shall have the meaning set forth in Section 9.2(b)(ii) of this Agreement.