Examples of Cure Rights in a sentence

Default shall be made in the due observance or performance by the Parent or the Borrower of any covenant, condition or agreement contained in Section 5.03(a) (Notices), 5.05(a) (Maintenance of Existence) (with respect to the Borrower), or in Article VI; provided that a breach of Section 6.12 (Financial Covenants) is subject to the Cure Rights set forth in Section 7.04 (Specified Equity Contributions).

More Definitions of Cure Rights

Cure Rights means the rights of Company pursuant to subsection 7.6C to sell Permitted Cure Securities to Sponsors for cash and apply the proceeds of such sale to cause compliance with the Financial Performance Covenants in the manner specified in such subsection.

Cure Rights means the cure rights granted to the holder of the Mortgage Note for the ______________ Trust Mortgage Loan under Section 4.4 of the ______________ Co-Lender Agreement. The representative of the Trust, as holder of the Mortgage Note for the ______________ Trust Mortgage Loan, with respect to the exercise of the ______________ Cure Rights (if and to the extent it is permitted to exercise such rights under the ______________ Co-Lender Agreement), appointed in accordance with Section 4.1.1 of the ______________ Co-Lender Agreement and pursuant to Section 3.28 of this Agreement, shall be the Class ___ Representative.

Cure Rights means the rights to cure a Default as specified in Section 7.03 before such Default is deemed to be an Event of Default.

Cure Rights means the rights of the Borrower set forth in Section 7.04.

Cure Rights means the Somerset Collection Cure Rights, the Xxxxxxxx Place Cure Rights, and the Cumberland Place Cure Rights, as applicable.

Cure Rights means the 000 Xxxx Xxxxxx Cure Rights, the 000 Xxxxx Xxxxxxxx Cure Rights and the Courtyard by Marriott Cure Rights.