Monetary Default Notice definition

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

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Monetary Default Notice shall have the meaning assigned to such term in Section 32(a).

Examples of Monetary Default Notice in a sentence

• The Note B Holder (unless a Control Appraisal Period has occurred and is continuing) shall have the right, but not the obligation, to cure such Monetary Default after receiving the first Monetary Default Notice and until the period ending five (5) Business Days after receiving the second Monetary Default Notice (the “Cure Period”) and at no other times.