Notice and Cure Period definition

Notice and Cure Period means the date immediately the ten (10) day period commencing upon the date on which an event as described under Section 6(a) hereof occurs.
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Notice and Cure Period means, as used in this Agreement, 5:00 p.m. Arizona Time on the 60th day after the deemed receipt by Accelr8 from the Authority or by the Authority from Accelr8, in accordance with Section 8.1, of a written notice of failure to perform any covenant or agreement or to pay when due any payment of principal, interest, fees, late charges, or other sums due under the this Agreement, during which 60-day period the payment may be made or the performance undertaken and completed;
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Notice and Cure Period means a period of time commencing from the date upon which Lender notifies Borrower of the occurrence of an Initial Default and the curative time during which Borrower must cure such Initial Default, which (i) for monetary Initial Defaults (which shall not apply to payments under the Note or Notes) shall be ten (10) days, and (ii) for non-monetary Initial Defaults shall be thirty (30) days.
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Examples of Notice and Cure Period in a sentence

  • Notice and Cure Period In the event of a breach, the aggrieved Party shall give written notice of breach to the other Party.

  • In the event there is any conflict in the terms and conditions of this Note and the Loan Agreement and other Loan Documents executed by the Borrower or Guarantors, the terms and conditions of the Loan Agreement, including, but not limited to, the terms and conditions of the paragraph on Notice and Cure Period in the Loan Agreement will prevail.

  • This investment option was not available after September 30, 1999.

  • Prior to exercising its right to issue a Notice of Termination, MWC will issue a written notice to the Supplier, specifying the circumstances and in the event of a Supplier’s default, requesting the Supplier to remedy the cause of such event of default within the period of time specified therein, which - as circumstances allow - shall be no less 30 Days following receipt of such notice ("Initial Notice" and "Cure Period", respectively).

  • Prior to exercising its right to issue a Notice of Termination, the Municipality will issue a written notice to the Contractor, specifying the circumstances and in the event of a Contractor’s default, requesting the Contractor to remedy the cause of such event of default within the period of time specified therein, which shall be no less than 30 days following receipt of such notice ("Initial Notice" and "Cure Period", respectively).

  • Upon the occurrence of any breach of this Agreement by the Authority, Accelr8, as its sole and exclusive remedy against the Authority, subject to the Notice and Cure Period, may seek specific performance of the Authority’s obligations arising under this Agreement.

  • In the event of Sellers' breach or anticipated breach of the noncompetition and confidentiality provisions of this Agreement, Buyer is not required to comply with Claim Notice and Cure Period provision (set forth in Section 9.3) and the Claim Resolution Procedure provision (set forth in Section 9.4).

  • In the event Developer fails to cure such breach within the Notice and Cure Period, and the City cures such breach, the costs of curing the breach shall become a lien against the Subject Property, and shall be collected in the same manner as property taxes and/or withheld from any bonds/performance guarantees for the project.

  • The Borrower hereby agrees to waive the "Notice and Cure Period" relating to the Specified Default and the Borrower agrees and acknowledges that the Specified Default is no longer an "Initial Default", but rather a matured Event of Default.

  • In companies with dispersed ownership, low levels of shareholder engagement limit the effectiveness of a shareholder approval process as a check on the extent to which boards are adequately fulfilling their functions.

Related to Notice and Cure Period

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

  • 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).

  • Notice Period has the meaning set forth in Section 5.09(e).

  • Required Notice Period means the number of days required notice set forth below applicable to the Aggregate Reduction indicated below: Aggregate Reduction Required Notice Period £$100,000,000 two Business Days >$100,000,000 to $250,000,000 five Business Days ³$250,000,000 ten Business Days

  • Opt-Out Notice has the meaning specified therefor in Section 2.02(a) of this Agreement.

  • Response Period has the meaning set forth in Section 9.6(a).

  • Step-Out Notice has the meaning given to it in Section 8.1.

  • Valuation Notice means the notice given by the Partnership pursuant to Section 8.5(b) or Section 8.6(a) and stating the Initial Value at which a Purchase Right is to be exercised or at which a Repurchase Obligation is to be effected.

  • Objection Notice has the meaning set forth in Section 2.3(a) of this Agreement.

  • Objection Period has the meaning set forth in Section 2.4(d).

  • Notice of Intent to Cure has the meaning specified in Section 6.02(b).

  • Termination Warning Notice means a notice sent by the Secretary of State to the Academy Trust, stating his intention to terminate this Agreement.

  • ROFO Period is defined in Section 6.1(a).

  • Put Option Notice means a notice which must be delivered to a Paying Agent by any Noteholder wanting to exercise a right to redeem a Note at the option of the Noteholder;

  • Exercise Notice Deadline In respect of any exercise of Options hereunder on any Conversion Date, the “Scheduled Trading Day” prior to the scheduled first “VWAP Trading Day” of the “Observation Period” (each as defined in the Indenture, but, in the case of any such Observation Period, as modified by the provision set forth opposite the caption “Convertible Security Settlement Method”) relating to the Convertible Securities converted on the Conversion Date occurring on the relevant Exercise Date; provided that in the case of any exercise of Options hereunder in connection with the conversion of any Relevant Convertible Securities on any Conversion Date occurring during the period starting on and including June 4, 2020 and ending on and including the second “Scheduled Trading Day” immediately preceding the “Maturity Date” (each as defined in the Indenture) (the “Final Conversion Period”), the Exercise Notice Deadline shall be noon, New York City time, on the “Scheduled Trading Day” (as defined in the Indenture) immediately preceding the “Maturity Date” (as defined in the Indenture).

  • Auction Notice has the meaning assigned to such term in the definition of “Dutch Auction”.

  • Completion Notice means a notice issued by the Developer in accordance with clause 6.1.

  • Rejection Notice has the meaning specified in Section 2.05(b)(v).

  • Option Notice has the meaning set forth in Section 5.2(a).

  • Second Notice has the meaning set forth in Section 5.2(b)(ii).

  • Negotiation Period has the meaning given in Clause 5.10;

  • Put Notice has the meaning provided in Section 3.4.

  • Call Option Notice means a written notice from the holder of the Call Option or the Administrator, as applicable, stating its desire to exercise the Call Option on the related Reset Date, delivered to each Clearing Agency, the Indenture Trustee, the Remarketing Agents, the Rating Agencies and, if the related class of Reset Rate Notes is then listed on the Luxembourg Stock Exchange, the Administrator will forward a copy to the Luxembourg Listing Agent (the contents of which are to be published in a leading newspaper having general circulation in Luxembourg).

  • Margin Notice Deadline the time agreed to by the parties in the relevant Confirmation, Annex I hereto or otherwise as the deadline for giving notice requiring same-day satisfaction of margin maintenance obligations as provided in Paragraph 4 hereof (or, in the absence of any such agreement, the deadline for such purposes established in accordance with market practice);

  • Rectification Notice means a notice in writing that identifies a defect in a work and requires rectification of the defect within a specified period of time.