Common use of Cure Provisions Clause in Contracts

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen (15) days; or (2) if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 10 contracts

Samples: Commercial Security Agreement (Niku Corp), Business Loan Agreement (Niku Corp), Business Loan Agreement (Kennedy Wilson Inc)

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Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen (15) days; or (2) if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 10 contracts

Samples: Commercial Security Agreement (Amphastar Pharmaceuticals, Inc.), Amphastar Pharmaceuticals, Inc., Amphastar Pharmaceuticals, Inc.

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen (15) days; or (2) if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in LenderXxxxxx's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 8 contracts

Samples: Business Loan Agreement (Ministry Partners Investment Corp), Business Loan Agreement (Ministry Partners Investment Corp), Business Loan Agreement (Ministry Partners Investment Corp)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note Agreement within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen (15) days; or (2) if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's ’s sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 5 contracts

Samples: Change in Terms Agreement (AeroVironment Inc), Business Loan Agreement (AeroVironment Inc), Change in Terms Agreement (Computer Software Innovations Inc)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note Agreement within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen ten (1510) days; or (2) if the cure requires more than fifteen ten (1510) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 4 contracts

Samples: Change in Terms Agreement (Integrated Packaging Assembly Corp), Change in Terms Agreement (Integrated Packaging Assembly Corp), Change in Terms Agreement (Integrated Packaging Assembly Corp)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note Agreement within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen thirty (1530) days; or (2) if the cure requires more than fifteen thirty (1530) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 4 contracts

Samples: Change in Terms Agreement (Visionics Corp), Change in Terms Agreement (Digital Biometrics Inc), Terms Agreement (Visionics Corp)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen (15) days; or (2) if the cure requires more than fifteen (15) days, immediately initiates steps which Lender lender deems in Lender's sole discretion to be sufficient xxxxxxient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 3 contracts

Samples: Promissory Note (Husker Ag LLC), Promissory Note (Husker Ag LLC), Promissory Note (Husker Ag LLC)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note Agreement within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen twenty (1520) days; or (2) if the cure requires more than fifteen twenty (1520) days, immediately initiates steps which Lender deems in Lender's ’s sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 3 contracts

Samples: Terms Agreement (Arts Way Manufacturing Co Inc), Business Loan Agreement (Arts Way Manufacturing Co Inc), Terms Agreement (Arts Way Manufacturing Co Inc)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note Agreement within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen (15) days; or (2) if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 3 contracts

Samples: Change in Terms Agreement (I O Magic Corp/Ca), Change in Terms Agreement (Vertical Health Solutions Inc), Change in Terms Agreement (Biofield Corp \De\)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note Agreement within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: ; (1) cures the default within fifteen twenty (1520) days; or (2) if the cure requires more than fifteen twenty (1520 ) days, immediately initiates steps which Lender deems in Lender's ’s sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 3 contracts

Samples: Change in Terms Agreement (Arts Way Manufacturing Co Inc), Change in Terms Agreement (Arts Way Manufacturing Co Inc), Change in Terms Agreement (Arts Way Manufacturing Co Inc)

Cure Provisions. If In any defaultEvent of Default, other than a default in payment payment, is curable and if Borrower has not been given a notice of a breach of in the same provision of this the Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen (15) days; or (2) if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's ’s sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce product compliance as soon as reasonably practical.

Appears in 2 contracts

Samples: Loan Agreement (Mutualfirst Financial Inc), Loan Agreement (Mutualfirst Financial Inc)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen (15) days; or (2) if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's Lender`s sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 2 contracts

Samples: Ogden Golf Co Corp, Ogden Golf Co Corp

Cure Provisions. If In any defaultEvent of Default, other than a default in payment payment, is curable and if Borrower has not been given a notice of a breach of in the same provision of this the Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen thirty (1530) days; or (2) if the cure requires more than fifteen thirty (1530) days, immediately initiates steps which Lender deems in Lender's ’s sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce product compliance as soon as reasonably practical.

Appears in 2 contracts

Samples: Loan Agreement (Bancplus Corp), Loan Agreement (First Bancshares Inc /MS/)

Cure Provisions. If any default, other than a default in payment payment, is curable and if Borrower Grantor has not been given a notice of a breach of the same provision of this Note Agreement within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if BorrowerGrantor, after receiving Lender sends written notice from Lender to Borrower demanding cure of such default: (1) cures the default within fifteen (15) days; or (2) if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 2 contracts

Samples: Commercial Security Agreement (Heritage Global Inc.), Commercial Security Agreement (Heritage Global Inc.)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note Agreement within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen (15) days; or (2) if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's ’s sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 2 contracts

Samples: Change in Terms Agreement (Husker Ag Processing LLC), Change in Terms Agreement (Husker Ag Processing LLC)

Cure Provisions. If In any defaultEvent of Default, other than a default in payment payment, is curable and if Borrower has not been given a notice of a breach of in the same provision of this the Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen thirty (1530) days; or (2) if the cure requires more than fifteen thirty (1530) days, immediately initiates steps which Lender deems in Lender's sole reasonable discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce result in compliance as soon as reasonably practical.

Appears in 2 contracts

Samples: Loan Agreement (Civitas Bankgroup Inc), Loan Agreement (Civitas Bankgroup Inc)

Cure Provisions. If any default, other than a default in payment payment, is curable and if Borrower has not been given a notice of a breach of the same provision of this Note Agreement within the preceding twelve six (126) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving Lender sends written notice from Lender to Borrower demanding cure of such default: (1) cures the default within fifteen thirty (1530) days; or (2) if the cure requires more than fifteen thirty (1530) days, immediately initiates steps which Lender deems in Lender's ’s sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 2 contracts

Samples: Change in Terms Agreement (Medalist Diversified REIT, Inc.), Change in Terms Agreement (Medalist Diversified REIT, Inc.)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision provisons of this Note Agreement within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen (15) days; or (2) if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 2 contracts

Samples: Terms Agreement (Eacceleration Corp), Terms Agreement (Eacceleration Corp)

Cure Provisions. If any default, other than a default in payment payment, is curable and if Borrower has not been given a notice of a breach of the same provision of this Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving Xxxxxx sends written notice from Lender to Borrower demanding cure of such default: (1) cures the default within fifteen (15) days; or (2) if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 2 contracts

Samples: Business Loan Agreement (Elevate.Money REIT I, Inc.), Business Loan Agreement (Wilhelmina International, Inc.)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note Agreement within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen (15) days; or (2) if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 2 contracts

Samples: Change in Terms Agreement (Siena Technologies, Inc.), Terms Agreement (MedAire, Inc.)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen (15) days; or (2) if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient bx xxxficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 2 contracts

Samples: Promissory Note (Freedom Bancshares Inc), Promissory Note (Community Bank of Georgia Inc)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note Agreement within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving Lender sends written notice from Lender to Borrower demanding cure of such default: (1) cures the default within fifteen ten (1510) days; or (2) if the cure requires more than fifteen ten (1510) days, immediately initiates steps which Lender deems in Lender's ’s sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 2 contracts

Samples: Change in Terms Agreement (Foundation Healthcare, Inc.), Change in Terms Agreement (Foundation Healthcare, Inc.)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen ten (1510) days; or (2) if the cure requires more than fifteen ten (1510) days, immediately initiates steps which Lender deems in Lender's ’s sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 2 contracts

Samples: Business Loan Agreement (Flotek Industries Inc/Cn/), Change in Terms Agreement (Flotek Industries Inc/Cn/)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note Agreement within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving Lender sends written notice from Lender to Borrower demanding cure of such default: (1) cures the default within fifteen (15) days; or (2) if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's ’s sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 2 contracts

Samples: Change in Terms Agreement (Electromed, Inc.), Change in Terms Agreement (Electromed, Inc.)

Cure Provisions. If any defaultEvent of Default, other than a default in payment payment, is curable and if Borrower has not been given a notice of a breach of in the same provision of this the Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen thirty (1530) days; or (2) if the cure requires more than fifteen thirty (1530) days, immediately initiates steps which Lender deems in Lender's ’s sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce product compliance as soon as reasonably practical.

Appears in 2 contracts

Samples: Loan Agreement (Bancplus Corp), Loan Agreement (Southern States Bancshares, Inc.)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen thirty (1530) days; or (2) if the cure requires more than fifteen thirty (1530) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 2 contracts

Samples: Promissory Note (Macc Private Equities Inc), Promissory Note (Macc Private Equities Inc)

Cure Provisions. If In any defaultEvent of Default, other than a default in payment payment, is curable and if Borrower has not been given a notice of a breach of in the same provision of this Note Agreement or the Notes within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen (15) days; or (2) if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's ’s sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce product compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Loan Agreement (Citizens Community Bancorp Inc.)

Cure Provisions. If any default, other than a default in payment payment, is curable and if Borrower has not been given a notice of a breach of the same provision of this Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen ten (1510) days; or (2) if the cure requires more than fifteen then ten (1510) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Terms Agreement (Coeur D Alenes Co /Ia/)

Cure Provisions. If any default, other than a default in payment payment, is curable and if Borrower has not been given a notice of a breach of the same provision of this Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen ten (1510) days; or (2) if the cure requires more than fifteen ten (1510) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Terms Agreement (Coeur D Alenes Co /Ia/)

Cure Provisions. If any default, other than that a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note Agreement within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving Lender sends written notice from Lender to Borrower demanding cure of such default: (1) cures the default within fifteen (15) days; or (2) if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's ’s sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Change in Terms Agreement (Wheeler Real Estate Investment Trust, Inc.)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note Agreement within the preceding twelve (( 12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving Lender sends written notice from Lender to Borrower demanding cure of such default: (1) cures the default within fifteen thirty (1530) days; or (2) if it the cure requires more than fifteen thirty (1530) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Change in Terms Agreement (Electronic Control Security Inc)

Cure Provisions. If It any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving Lender sends written notice from Lender to Borrower demanding cure of such default: (1) cures the default within fifteen (15) days; or (2) if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's ’s sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.. PROMISSORY NOTE

Appears in 1 contract

Samples: Business Loan Agreement (TX Holdings, Inc.)

Cure Provisions. If any default, other than a default in payment payment, is curable and if Borrower has not been given a notice of a breach of the same provision of this Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, . after receiving Lxxxxx sends written notice from Lender to Borrower demanding cure of such default: (1) cures the default within fifteen (15) days; or (2) if the cure requires more than fifteen (15) days, . immediately initiates steps which Lender Lxxxxx deems in Lender's Lxxxxx’s sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Business Loan Agreement (Clearday, Inc.)

Cure Provisions. If any default, other than a default in payment payment, is curable and if Borrower has not been given a notice of a breach of the same provision of this Note Agreement within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving Lender sends written notice from Lender to Borrower demanding cure of such default: (1) cures the default within fifteen thirty (1530) days; or (2) if the cure requires more than fifteen thirty (1530) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Loan Agreement (Charge Enterprises, Inc.)

Cure Provisions. If In any defaultEvent of Default, other than a default in payment payment, is curable and if Borrower has not been given a notice of a breach of in the same provision of this Agreement or the Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen (15) days; or (2) if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's ’s sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce product compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Loan Agreement (Citizens Community Bancorp Inc.)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note Agreement within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender lender demanding cure of such default: (1) cures the default within fifteen ten (1510) days; or (2) if the cure requires more than fifteen ten (1510) days, immediately initiates steps which Lender lender deems in Lenderlender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Change in Terms Agreement (Elecsys Corp)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note Agreement within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving Xxxxxx sends written notice from Lender to Borrower demanding cure of such default: (1) cures the default within fifteen ten (1510) days; or (2) if the cure requires more than fifteen ten (1510) days, immediately initiates steps which Lender deems in Lender's ’s sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Change in Terms Agreement (Foundation Healthcare, Inc.)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen (15) days; or (2) if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's ’s sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Business Loan Agreement (Qad Inc)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen thirty (1530) days; or (2) if the cure requires more than fifteen thirty (1530) days, immediately initiates steps which Lender deems in Lender's ’s sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably reasonable practical.

Appears in 1 contract

Samples: Business Loan Agreement (Nocopi Technologies Inc/Md/)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: default (1) cures the default within fifteen ten (1510) days; or (2) if the cure requires more than fifteen ten (1510) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Promissory Note (Elecsys Corp)

Cure Provisions. If any default, other than a default in payment payment, is curable and if Borrower has not been given a notice of a breach of the same provision of this Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen ten (1510) days; or (2) if the cure requires more than fifteen ten (1510) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient xxxxxxient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Promissory Note (Avid Sportswear & Golf Corp)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note Agreement within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving Xxxxxx sends written notice from Lender to Borrower demanding cure of such default: (1) cures the default within fifteen thirty (1530) days; or (2) if the cure requires more than fifteen thirty (1530) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Change in Terms Agreement (Boomerang Systems, Inc.)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if ). If Borrower, after receiving written receivinx xxxxxxn notice from Lender demanding cure of such default: (1) cures the default within fifteen thirty (1530) days; or (2) if the cure requires more than fifteen thirty (1530) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Promissory Note (Badger Paper Mills Inc)

Cure Provisions. If any default, other than a default in payment payment, is curable and if Borrower has not been given a notice of a breach of the same provision of this Note Agreement within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving Lender sends written notice from Lender to Borrower demanding cure of such default: (1) cures the default within fifteen (15) days; or (2) if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Change in Terms Agreement (Eaco Corp)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen twenty (1520) days; or (2) if the cure requires more than fifteen twenty (1520) days, immediately initiates steps which Lender deems in LenderXxxxxx's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Arts Way Manufacturing Co Inc

Cure Provisions. If any default, other than a default in payment payment, is curable and if Borrower has not been given a notice of a breach of the same provision of this Note Agreement within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving Lender sends written notice from Lender to Borrower demanding cure of such default: (1) cures the default within fifteen (15) days; or (2) if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's ’s sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Change in Terms Agreement (Electromed, Inc.)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note Agreement within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen thirty (1530) days; or (2) if the cure requires more than fifteen thirty (1530) days, immediately initiates steps which Lender deems in Lender's ’s sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Change in Terms Agreement (Medicalcv Inc)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note Agreement within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving Lender sends written notice from Lender to Borrower demanding cure of such default: (1) cures the default within fifteen thirty (1530) days; or (2) if the cure requires more than fifteen thirty (1530) days, immediately initiates steps which Lender deems in Lender's ’s sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Change in Terms Agreement (Innsuites Hospitality Trust)

Cure Provisions. If any defaultEvent of Default, other than a default in payment payment, is curable and if Borrower has not been given a notice of a breach of in the same provision of this Note Agreement or the Notes within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen (15) days; or (2) if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's ’s sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce product compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Loan Agreement (Citizens Community Bancorp Inc.)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note or (his Agreement within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen ten (1510) days; or (2) if the cure requires more than fifteen ten (1510) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to sufficixxx xx cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Terms Agreement (Coeur D Alenes Co /Ia/)

Cure Provisions. If any default, default other than a default in payment is curable and if the Borrower has not been given a notice of a breach of the same provision of this Note Agreement within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender the Bank demanding cure of such default: (1) cures the default within fifteen (15) days; or (2) if the cure requires more than fifteen (15) days, immediately initiates steps which Lender that the Bank deems in Lender's the Bank’s sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Holding Company Loan Agreement (Intermountain Community Bancorp)

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Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen (15) days; or (2) if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's ’s sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical. LENDER’S RIGHTS. Upon default, Lender may declare the entire unpaid principal balance on this Note and all accrued unpaid interest immediately due, and then Borrower will pay that amount.

Appears in 1 contract

Samples: Eighth Amendment Agreement (Pinnacle Data Systems Inc)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen ten (1510) days; or (2) if the cure requires more than fifteen ten (1510) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Promissory Note (Elecsys Corp)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note Agreement within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen (15) days; or (2) if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient xx xxxficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Change in Terms Agreement (Eacceleration Corp)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving Lxxxxx sends written notice from Lender to Borrower demanding cure of such default: (1) cures the default within fifteen twenty (1520) days; or (2) if the cure requires more than fifteen twenty (1520) days, immediately Immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.. PROMISSORY NOTE

Appears in 1 contract

Samples: Where Food Comes From, Inc.

Cure Provisions. If any default, other than a default in payment payment, is curable and if Borrower has not been given a notice of a breach of the same provision of this Note Agreement within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen ten (1510) days; or (2) if the cure requires more than fifteen ten (1510) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Terms Agreement (Eco Soil Systems Inc)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen (15) days; or (2) if the cure requires more than fifteen (15) days, immediately initiates steps initiate ssteps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.in

Appears in 1 contract

Samples: Loan Agreement (Sutter Holding Co Inc)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, Borrower after receiving written notice from Lender demanding cure of such default: ; (1) cures the default within fifteen (15) days; or (2) if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Notice of Final Agreement (Ironclad Performance Wear Corp)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note Agreement within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if it Borrower, after receiving Xxxxxx sends written notice from Lender to Borrower demanding cure of such default: (1) cures the default within fifteen ten (1510) days; or (2) if the cure requires more than fifteen ten (1510) days, immediately initiates steps which Lender deems in Lender's ’s sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Change in Terms Agreement (Foundation Healthcare, Inc.)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note within the preceding twelve twenty-four (1224) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen (15) days; or (2) if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Security Agreement (Pyramid Breweries Inc)

Cure Provisions. If any default, other than then a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: ; (1) cures the default within fifteen (15) days; or (2) if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient xxxxicient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Promissory Note (Community Bank of Georgia Inc)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen ten (1510) days; or (2) if the cure requires more than fifteen ten (1510) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Vaughan Foods, Inc.

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note Agreement within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: default (1) cures the default within fifteen ten (1510) days; or (2) if the cure requires more than fifteen ten (1510) days, immediately initiates steps which Lender deems in Lender's Lenders sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Terms Agreement (Advanced Remote Communication Solutions)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note Agreement within the preceding twelve (12) months, it may May be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen ten (1510) days; or (2) if the cure requires more than fifteen ten (1510) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Terms Agreement (Advanced Remote Communication Solutions)

Cure Provisions. If any defaultEvent of Default, other than a default in payment payment, is curable and if Borrower has not been given a notice of a breach of in the same provision of this the Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen (15) days; or (2) if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's ’s sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce product compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Loan Agreement (Citizens Holding Co /MS/)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving lender sends written notice from Lender to Borrower demanding cure of such default: (1) cures the default within fifteen (15) days; or (2) if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's ’s sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and end necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Business Loan Agreement (TX Holdings, Inc.)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen ten (1510) days; or (2) if the cure requires more than fifteen ten (1510) days, immediately initiates steps which Lender deems in Lender's ’s sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably reasonable practical.

Appears in 1 contract

Samples: Champion Industries Inc

Cure Provisions. If any default, other than a default in payment is curable and arid if Borrower has not been given a notice of a breach of the same provision of this Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving Xxxxxx sends written notice from Lender to Borrower demanding cure of such default: (1) cures the default within fifteen (15) days; , or (2) if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's ’s sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Business Loan Agreement (Prospect Acquisition Corp)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note Agreement within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen (15) days; or (2) if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's ’s sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical. LENDER’S RIGHTS. Upon default, Xxxxxx may declare the entire unpaid principal balance under this Agreement and all accrued unpaid interest immediately due, and then Borrower will pay that amount.

Appears in 1 contract

Samples: Change in Terms Agreement (GeoPharma, Inc.)

Cure Provisions. If any default, other than a default in payment payment, is curable and if Borrower has not been given a notice of a breach of the same provision of this Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving Lender sends written notice from Lender to Borrower demanding cure of such default: (1) cures the default within fifteen (15) days; or (2) if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Business Loan Agreement (Wilhelmina International, Inc.)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note Agreement within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving Lender sends written notice from Lender to Borrower demanding cure of such default: (1) cures the default within fifteen (15) days; or (2) if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Change in Terms Agreement (Rubios Restaurants Inc)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen ten (1510) days; or (2) if the cure requires more than fifteen ten (1510) days, immediately initiates steps which Lender deems in Lender's ’s sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably reasonable practical.

Appears in 1 contract

Samples: Loan Agreement (Champion Industries Inc)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen (15) days; or (2) if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance compliances as soon as reasonably practical.

Appears in 1 contract

Samples: Tidelands Bancshares Inc

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving Xxxxxx sends written notice from Lender to Borrower demanding cure of such default: (1) cures the default within fifteen ten (1510) days; or (2) if If the cure requires more than fifteen ten (1510) days, immediately initiates steps which Lender deems in Lender's ’s sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Business Loan Agreement (Loyalty Alliance Enterprise Corp)

Cure Provisions. If any defaultEvent of Default, other than a default in payment payment, is curable and if Borrower has not been given a notice of a breach of in the same provision of this the Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen (15) days; or (2) if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's sole ’s reasonable discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce product compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Loan Agreement (First Citizens Bancshares Inc /Tn/)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note Agreement within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen ten (1510) days; or (2) if the cure requires more than fifteen ten (1510) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to sufficixxx xx cure the default and end thereafter L continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Terms Agreement (Coeur D Alenes Co /Ia/)

Cure Provisions. If any default, other than a default in payment payment, is curable and if Borrower has not been given a notice of a breach of the same provision of this Note Agreement within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure cu e of such default: (1) cures the default within fifteen ten (1510) days; or (2) if the cure requires more than fifteen ten (1510) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Terms Agreement (Coeur D Alenes Co /Ia/)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note Agreement within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen (15) days; or (2) if the cure requires more than fifteen (15) days, immediately initiates steps which USKER AG, LLC Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Change in Terms Agreement (Husker Ag Processing LLC)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen ten (1510) days; or (2) if the cure requires more than fifteen ten (1510) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Pipex Pharmaceuticals, Inc.

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen (15) days; or (2) if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's ’s sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical. LENDER’S RIGHTS. Upon default, Lender may declare the entire unpaid principal balance on this Note and all accrued unpaid Interest immediately due, and then Borrower will pay that amount.

Appears in 1 contract

Samples: Seventh Amendment Agreement (Pinnacle Data Systems Inc)

Cure Provisions. If any default, other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1f1) cures the default within fifteen (15) days; or (2) if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Business Loan Agreement (Homenet Corp)

Cure Provisions. If any default, other than a default in payment payment, is curable and if Borrower has not been given a notice of a breach of the same provision of this Note within the preceding twelve (12) months, it may be cured (and no event of default will have occurred) if Borrower, after receiving Xxxxxx sends written notice from Lender to Borrower demanding cure of such default: default (1) cures the default within fifteen thirty (1530) days; or (2) if the cure requires more than fifteen thirty (1530) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Business Loan Agreement (IMH Financial Corp)

Cure Provisions. If any default, default other than a default in payment is curable and if Borrower has not been given a notice of a breach of the same provision of this Note Agreement within the preceding proceeding twelve (12) months, it may be cured (and no event of default will have occurred) if ). If Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen ten (1510) days; or (2) if the cure requires more than fifteen ten (1510) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps stops sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Change in Terms Agreement (Phone1globalwide Inc)

Cure Provisions. If any default, other than a default in payment payment, is curable and if Borrower has not been given a notice of a breach of the same provision of this Note within the preceding twelve (12) monthsmooths, it may be cured (and no event of default will have occurred) if Borrower, after receiving written notice from Lender demanding cure of such default: (1) cures the default within fifteen (15) days; or (2) if it the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.

Appears in 1 contract

Samples: Business Loan Agreement (Chicago Pizza & Brewery Inc)

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