cures definition
cures means previously reported delinquent loans where the borrower has made all scheduled mortgage payments or a successful workout has been completed and the loan is no longer considered a delinquent loan.
cures means the Controlled Substance Utilization Review and Evaluation System. (mr) “CURES PDMP” means the Department’s program that administers CURES.
cures means the Controlled Substance Utilization Review and Evaluation System. (lm) “CURES PDMP” means the Department’s program that administrates CURES.
More Definitions of cures
cures and each, individually, a “Cure”) Consolidated EBITDA in an amount not exceed the amount required to cause the Loan Parties to be in in compliance with such Breached Financial Covenant(s) and in any event not to exceed 20% of Consolidated EBITDA as calculated for the applicable Reference Period (the “Equity Cure Amount”) and solely for the purposes of determining compliance with (A) each such Breached Financial Covenant set forth in this Section 8.14 at the end of such Cure Quarter and any subsequent period that includes such Cure Quarter and (B) any other financial covenant set forth in this Section 8.14 that the Loan Parties fail to comply with in any subsequent period that includes such Cure Quarter; provided that (I) notice of the Borrowers’ intent to effect any Cure shall be delivered by the BVI Borrower no later than the later of the day on which financial statements are required to be or are actually delivered for the applicable Fiscal Quarter, (I) in each consecutive four (4) Fiscal Quarter period there will be at least two (2) Fiscal Quarters in which no Cure is made (and in no event in two consecutive Fiscal Quarters), (III) there shall be no more than four (4) Cures made in the aggregate (counting multiple Cures made in respect of the same Cure Quarter as a single Cure for purposes of such calculation) during the period beginning after the Closing Date and ending on the Maturity Date, and (IV) if any Equity Cure Amount is used by Borrowers to prepay Loans, such prepayment shall be disregarded for the purposes of determining compliance with the Breached Financial Covenants at the end of the applicable Cure Quarter.
cures means Controlled Substance Utilization Review and Evaluation System.