Common use of Cure Clause in Contracts

Cure. The Borrower, Administrative Agent and each Issuing Bank may agree in writing that a Revolving Lender is no longer a Defaulting Lender. At such time, Pro Rata Shares shall be reallocated without exclusion of such Lender’s Revolving Commitments and Revolving Loans, and all outstanding Revolving Loans, LC Obligations and other exposures under the Revolving Commitments shall be reallocated among Revolving Lenders and settled by the Administrative Agent (with appropriate payments by the reinstated Lender) in accordance with the readjusted Pro Rata Shares. Unless expressly agreed by the Borrower, Administrative Agent and each Issuing Bank, no reinstatement of a Defaulting Lender shall constitute a waiver or release of claims against such Lender. The failure of any Revolving Lender to fund a Loan, to make a payment in respect of LC Obligations or otherwise to perform its obligations hereunder shall not relieve any other Revolving Lender of its obligations, and no Revolving Lender shall be responsible for default by another Revolving Lender.

Cure. The BorrowerAgent may determine in its discretion that a Lender constitutes a Defaulting Lender and the effective date of such status shall be conclusive and binding on all parties, Administrative absent manifest error. Borrowers, Agent and each Issuing Bank may agree in writing that a Revolving Lender is no longer has ceased to be a Defaulting Lender. At such time, whereupon Pro Rata Shares shares shall be reallocated without exclusion of such the reinstated Lender’s Revolving Commitments and Revolving Loans, and all outstanding Revolving Revolver Loans, LC Obligations and other exposures under the Revolving Revolver Commitments shall be reallocated among Revolving Lenders and settled by the Administrative Agent (with appropriate payments by the reinstated Lender) in accordance with the readjusted Pro Rata Sharesshares. Unless expressly agreed by the BorrowerBorrowers, Administrative Agent and each Issuing Bank, no reinstatement of a Defaulting Lender shall constitute a waiver or release of claims against such Lender. The failure of any Revolving Lender to fund a Loan, to make a payment in respect of LC Obligations or otherwise to perform its obligations hereunder shall not relieve any other Revolving Lender of its obligationsobligations under any Loan Document, and no Revolving Lender shall be responsible for default by another Revolving Lender.

Cure. The BorrowerBorrowers, Administrative the Agent and each Issuing Fronting Bank may agree in writing that a Revolving Revolver Lender is no longer a Defaulting Lender. At such time, Pro Rata Shares shares shall be reallocated without exclusion of such Revolver Lender’s Revolving Commitments Revolver Commitment and Revolving Revolver Loans, and all outstanding Revolving Revolver Loans, LC Obligations and other exposures under the Revolving Revolver Commitments shall be reallocated among Revolving Revolver Lenders and settled by the Administrative Agent (with appropriate payments by the reinstated Revolver Lender) in accordance with the readjusted Pro Rata Sharesshares. Unless expressly agreed by Borrowers, the Borrower, Administrative Agent and each Issuing Fronting Bank, or as expressly provided herein with respect to Bail-In Actions and related matters, no reallocation of Commitments and Revolver Loans to non-Defaulting Lenders or reinstatement of a Defaulting Lender shall constitute a waiver or release of claims against such Lender. The failure of any Revolving Lender to fund a Loan, to make a payment in respect of LC Obligations or otherwise to perform its obligations hereunder shall not relieve any other Revolving Lender of its obligations, and no Revolving Lender shall be responsible for default by another Revolving Lender.

Cure. The BorrowerAgent may determine in its reasonable discretion that a Lender constitutes a Defaulting Lender and the effective date of such status shall be conclusive and binding on all parties, Administrative absent manifest error. Borrower and Agent and each Issuing Bank may agree in writing that a Revolving Lender is no longer a Defaulting Lender. At such time, Pro Rata Shares shares shall be reallocated without exclusion of such Lender’s Revolving Commitments and Revolving Loans, and all outstanding Revolving Loans, LC Obligations Revolver Loans and other exposures under the Revolving Revolver Commitments shall be reallocated among Revolving Lenders and settled by the Administrative Agent (with appropriate payments by the reinstated Lender) in accordance with the readjusted Pro Rata Sharesshares. Unless expressly agreed by the Borrower, Administrative Agent Borrower and each Issuing BankAgent, no reinstatement of a Defaulting Lender shall constitute a waiver or release of claims against such Lender. The failure of any Revolving Lender to fund a Loan, to make a payment in respect of LC Obligations Loan or otherwise to perform its obligations hereunder shall not relieve any other Revolving Lender of its obligations, and no Revolving Lender shall be responsible for default by another Revolving Lender.

Cure. The Administrative Borrower, Administrative Agent and each Issuing Fronting Bank may agree in writing that a Revolving Revolver Lender is no longer a Defaulting Lender. At such time, Pro Rata Shares shares shall be reallocated without exclusion of such Revolver Lender’s Revolving Commitments Revolver Commitment and Revolving Revolver Loans, and all outstanding Revolving Revolver Loans, LC Obligations and other exposures under the Revolving Revolver Commitments shall be reallocated among Revolving Revolver Lenders and settled by the Administrative Agent (with appropriate payments by the reinstated Revolver Lender) in accordance with the readjusted Pro Rata Sharesshares. Unless expressly agreed by the BorrowerBorrowers, Administrative Agent and each Issuing Fronting Bank, or as expressly provided herein with respect to Bail-In Actions and related matters, no reallocation of Commitments and Revolver Loans to non-Defaulting Lenders or reinstatement of a Defaulting Lender shall constitute a waiver or release of claims against such Lender. The failure of any Revolving Lender to fund a Loan, to make a payment in respect of LC Obligations or otherwise to perform its obligations hereunder shall not relieve any other Revolving Lender of its obligations, and no Revolving Lender shall be responsible for default by another Revolving Lender.

Cure. The Administrative Borrower, Administrative Agent and each Issuing Fronting Bank may agree in writing that a Revolving Revolver Lender is no longer a Defaulting Lender. At such time, Pro Rata Shares shares shall be reallocated without exclusion of such Revolver Lender’s Revolving Commitments Revolver Commitment and Revolving Revolver Loans, and all outstanding Revolving Revolver Loans, LC Obligations and other exposures under the Revolving Revolver Commitments shall be reallocated among Revolving Revolver Lenders and settled by the Administrative Agent (with appropriate payments by the reinstated Revolver Lender) in accordance with the readjusted Pro Rata Sharesshares. Unless expressly agreed by the Borrower▇▇▇▇▇▇▇▇▇, Administrative Agent and each Issuing Fronting Bank, or as expressly provided herein with respect to Bail-In Actions and related matters, no reallocation of Commitments and Revolver Loans to non-Defaulting Lenders or reinstatement of a Defaulting Lender shall constitute a waiver or release of claims against such Lender. The failure of any Revolving Lender to fund a Loan, to make a payment in respect of LC Obligations or otherwise to perform its obligations hereunder shall not relieve any other Revolving Lender of its obligations, and no Revolving Lender shall be responsible for default by another Revolving Lender.

Cure. The BorrowerBorrowers, the Administrative Agent and each the Issuing Bank Lender may agree in writing that a Revolving Lender is no longer a Defaulting Lender. At such time, Pro Rata Shares the RL Percentage shall be reallocated without exclusion of such Lender’s Revolving Commitments and Revolving Loans, and all outstanding Revolving Loans, LC Obligations Letters of Credit and other exposures under the Revolving Commitments shall be reallocated among Revolving Lenders and settled by the Administrative Agent (with appropriate payments by the reinstated Lender) in accordance with the readjusted Pro Rata SharesRL Percentage. Unless expressly agreed by the BorrowerBorrowers, the Administrative Agent and each the Issuing BankLender, no reinstatement of a Defaulting Lender shall constitute a waiver or release of claims against such Lender. The failure of any Revolving Lender to fund a Loan, to make a payment in respect of LC Obligations a Letter of Credit or otherwise to perform its obligations hereunder shall not relieve any other Revolving Lender of its obligations, and no Revolving Lender shall be responsible for default by another Revolving Lender.

Cure. The BorrowerAgent may determine in its reasonable discretion that a Lender constitutes a Defaulting Lender and the effective date of such status shall be conclusive and binding on all parties, Administrative absent manifest error. Borrower and Agent and each Issuing Bank may agree in writing that a Revolving Lender is no longer a Defaulting Lender. At such time, Pro Rata Shares shares shall be reallocated without exclusion of such Lender▇▇▇▇▇▇’s Revolving Commitments and Revolving Loans, and all outstanding Revolving Loans, LC Obligations Revolver Loans and other exposures under the Revolving Revolver Commitments shall be reallocated among Revolving Lenders and settled by the Administrative Agent (with appropriate payments by the reinstated Lender) in accordance with the readjusted Pro Rata Sharesshares. Unless expressly agreed by the Borrower, Administrative Agent ▇▇▇▇▇▇▇▇ and each Issuing BankAgent, no reinstatement of a Defaulting Lender shall constitute a waiver or release of claims against such Lender. The failure of any Revolving Lender to fund a Loan, to make a payment in respect of LC Obligations Loan or otherwise to perform its obligations hereunder shall not relieve any other Revolving Lender of its obligations, and no Revolving Lender shall be responsible for default by another Revolving Lender.

Cure. The BorrowerBorrowers, Administrative the Agent and each the Issuing Bank may agree in writing that a Revolving Lender is no longer a Defaulting Lender. At such time, Pro Rata Shares shares shall be reallocated without exclusion of such Lender’s Revolving Revolver Commitments and Revolving Revolver Loans, and all outstanding Revolving Revolver Loans, LC Obligations and other exposures under the Revolving Revolver Commitments shall be reallocated among Revolving the Lenders and settled by the Administrative Agent (with appropriate payments by the reinstated Lender) in accordance with the readjusted Pro Rata Sharesshares. Unless expressly agreed in writing by the BorrowerBorrowers, Administrative the Agent and the Issuing Bank (each Issuing Bankof which shall make such determination, in its sole discretion), no reinstatement of a Defaulting Lender shall constitute a waiver or release of claims against such Lender. The failure of any Revolving Lender to fund a Revolver Loan, to make a payment in respect of LC Obligations or otherwise to perform its obligations hereunder shall not relieve any other Revolving Lender of its obligations, and no Revolving Lender shall be responsible for default by another Revolving Lender. No reallocation hereunder shall constitute a wavier or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a non-Defaulting Lender as a result of such non-Defaulting Lender’s increased exposure following such reallocation.

Cure. The BorrowerAgent may determine in its discretion that a Lender constitutes a Defaulting Lender and the effective date of such status shall be conclusive and binding on all parties, Administrative absent manifest error. Borrowers, Agent and each Issuing Bank may agree in writing that a Revolving Lender is no longer a Defaulting Lender. At such time, Pro Rata Shares shares shall be reallocated without exclusion of such Lender▇▇▇▇▇▇’s Revolving Commitments and Revolving Loans, and all outstanding Revolving Loans, LC Obligations the Revolver Usage and other exposures under the Revolving Revolver Commitments shall be reallocated among Revolving Lenders and settled by the Administrative Agent (with appropriate payments by the reinstated Lender, including its payment of breakage costs for Reallocated Term SOFR Loans) in accordance with the readjusted Pro Rata Sharesshares. Unless expressly agreed to by the BorrowerBorrowers, Administrative Agent and each Issuing Bank, or as expressly provided herein with respect to Bail-In Actions and related matters, no reallocation of Revolving Commitments and Loans to non-Defaulting Lenders and no reinstatement of a Defaulting Lender shall constitute a waiver or release of claims against such Lender. The failure of any Revolving Lender to fund a Loan, to make a payment in respect of LC Obligations or otherwise to perform its obligations hereunder shall not relieve any other Revolving Lender of its obligations, and no Revolving Lender shall be responsible for default by another Revolving Lender.

Cure. The BorrowerBorrowers, Administrative Agent and each Issuing Fronting Bank may agree in writing that a Revolving Revolver Lender is no longer a Defaulting Lender. At such time, Pro Rata Shares shares shall be reallocated without exclusion of such Revolver Lender’s Revolving Commitments Revolver Commitment and Revolving Revolver Loans, and all outstanding Revolving Revolver Loans, LC Obligations and other exposures under the Revolving Revolver Commitments shall be reallocated among Revolving Revolver Lenders and settled by the Administrative Agent (with appropriate payments by the reinstated Revolver Lender) in accordance with the readjusted Pro Rata Sharesshares. Unless expressly agreed by the BorrowerBorrowers, Administrative Agent and each Issuing Fronting Bank, or as expressly provided herein with respect to Bail-In Actions and related matters, no reallocation of Commitments and Revolver Loans to non-Defaulting Lenders or reinstatement of a Defaulting Lender shall constitute a waiver or release of claims against such Lender. The failure of any Revolving Lender to fund a Loan, to make a payment in respect of LC Obligations or otherwise to perform its obligations hereunder shall not relieve any other Revolving Lender of its obligations, and no Revolving Lender shall be responsible for default by another Revolving Lender.