Monetary Cure Period definition

Monetary Cure Period has the meaning provided in Section 11(a) hereof.
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Monetary Cure Period means, with respect to each Junior Lender, the applicable cure period provided in Section 12(a)(i) for a monetary default identified in a Senior Loan Default Notice.
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Monetary Cure Period shall have the meaning given in Section 2(c)(i).
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Examples of Monetary Cure Period in a sentence

  • If the default referenced in a Senior Loan Default Notice has been cured such that there is no longer an Event of Default under the Senior Loan Documents, Junior Lenders shall have the same Monetary Cure Period with respect to any future Senior Loan Default Notice.

  • Notwithstanding anything to the contrary in the foregoing, Senior Junior Lender may not give a CIL Notice during any Junior Loan Monetary Cure Period or Junior Loan Non-Monetary Cure Period and nothing contained herein shall otherwise limit the rights of Subordinate Junior Lender to purchase the Senior Junior Loan prior to the actual delivery of a conveyance or assignment-in-lieu of Foreclosure pursuant to Section 14(II).

  • Notwithstanding anything to the contrary in the foregoing, Senior Lender may not give a DIL Notice during any Monetary Cure Period or Non-Monetary Cure Period and nothing contained herein shall otherwise limit the rights of Junior Lender to purchase the Senior Loan prior to the actual delivery of a deed in lieu pursuant to Section 14(I).

  • Charge and collection Water Services Division in charge of Bili-Bili reservoir shall be responsible for confirmation of energy generation volume (kWh) upon the record prepared by PLN, and for monthly invoicing to its branch office.

  • If more than one Mezzanine Lender tenders a cure of a monetary default to Senior Lender during the Monetary Cure Period, Senior Lender shall accept such cure from the most subordinate Mezzanine Lender and shall return the cure payment received from the Senior Mezzanine Lender.

  • Any required easements related to operation and maintenance of drainage facilities have been recorded.

Related to Monetary Cure Period

  • Company Cure Period has the meaning specified in Section 10.01(b).

  • Non-Monetary Default shall have the meaning assigned to such term in Section 11(d).

  • 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:

  • Initial Cure Period As defined in Section 2.03(b).

  • Monetary value means a medium of exchange, whether or not redeemable in money.

  • Monetary Default shall have the meaning assigned to such term in Section 11(a).

  • Threshold Event Cure shall have the meaning assigned to such term in Section 5(g).

  • Penalty Period has the meaning set forth in Section 6.3.

  • 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.

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

  • Eviction Relief Period means the term of this Agreement.

  • Threshold Period shall have the meaning set forth in Section 6(d).

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

  • Asset Coverage Cure Date means, with respect to the failure by the Fund to maintain Asset Coverage as of the close of business on a Business Day (as required by Section 2.4(a)), the date that is thirty (30) calendar days following such Business Day.

  • Risk Period means the period that the Landlord [in its absolute discretion]21 decides, being a minimum of [three] years and a maximum of [five]22 years, starting on the date of the relevant damage or destruction;

  • emergency period means any period during which

  • Senior Nonmonetary Default means the occurrence or existence and continuance of any event of default with respect to any Designated Senior Debt, other than a Senior Payment Default, permitting the holders of such Designated Senior Debt (or a trustee or agent on behalf of the holders thereof) to declare such Designated Senior Debt due and payable prior to the date on which it would otherwise become due and payable. In the event that, notwithstanding the foregoing, the Company shall make any Securities Payment to the Trustee or any Holder prohibited by the foregoing provisions of this Section, and if such fact shall, at or prior to the time of such Securities Payment, have been made known to the Trustee or, as the case may be, such Holder, then and in such event such Securities Payment shall be paid over and delivered forthwith to the Company. The provisions of this Section shall not apply to any Securities Payment with respect to which Section 1203 would be applicable.

  • stipulated minimum threshold means that portion of local production and content as determined by the Department of Trade and Industry; and

  • Force Majeure Period has the meaning specified in Section 13.1.

  • Rectification Period means the period of time set out in Section 4.3 of this RFP during which a Proponent will be permitted to rectify its Proposal to satisfy the mandatory submission requirements of this RFP.

  • Extended Reporting Period means a designated period of time after a claims-made policy has expired during which a claim may be made and coverage triggered as if the claim has been made during the policy period.

  • Defects Notification Period means the period for notifying defects in the Works or a Section (as the case may be) under Sub-Clause 11.1 [Completion of Outstanding Work and Remedying Defects], which extends over 365 days except if otherwise stated in the SCC (with any extension under Sub-Clause 11.3 [Extension of Defects Notification Period]), calculated from the date on which the Works or Section is completed as certified under Sub-Clause 10.1[Taking Over of the Works and Sections].

  • Minimum Hire Period means the Minimum Hire Period as described on the invoices, quotation, authority to hire, or any other forms as provided by the Supplier to the Client.