Examples of Curing Party in a sentence
If the Curing Party effects such cure by bonding any lien which Tenant is required to bond or otherwise discharge, Tenant shall obtain and substitute a bond for the Curing Party’s bond and shall reimburse the Curing Party for the cost of the Curing Party’s bond.
If a Curing Party performs any of Tenant’s obligations under this Lease, Tenant shall pay to Landlord (as Additional Rent) the costs thereof, together with interest at the Interest Rate from the date incurred by the Curing Party until paid by Tenant, within fifteen (15) days after receipt by Tenant of a statement as to the amounts of such costs.
In such event, the Declarant shall be personally liable to the Curing Party for past due payments made by the Curing Party, together with interest thereon at the rate specified in the promissory note secured by the deed of trust, plus one (1) percent, and all actual expenses the Curing Party incurred in curing the default.
Notwithstanding anything hereinabove contained to the contrary, in the event of an emergency situation which poses an imminent danger or threat of bodily injury or property damage, Curing Party may, without Notice, cure any such default pursuant to this Section and thereafter shall be entitled to the benefits of Section 12.2 hereof.
If the Curing Party effects such cure by bonding any lien which Tenant is required to bond or otherwise discharge, Tenant shall obtain and substitute a bond for the Curing Party's bond and shall reimburse the Curing Party for the cost of the Curing Party's bond.
If the Alleged Default is Cured, then no Default by the Curing Party shall have taken place or exist and the Noticing Party shall take no further action.
The calculation of the basic losses per share amounts is based on the loss for the Period attributable to ordinary equity holders of the parent of approximately HK$6,281,000 (2016: losses of approximately HK$6,373,000), and the weighted average number of ordinary shares in issue of 164,750,820 (2016: 160,000,000) which has been adjusted for the Company’s placing of the new shares on 16 May 2017.
If the Defaulting Party contends that some or all of the amounts expended by the Curing Party in such circumstances were excessive or were not required to be expended for any reason, then the Defaulting Party shall have the right to submit such contention to the Dispute Resolution Procedure.
For the purpose of rectifying an Event of Default of the Defaulting Party as aforesaid, the City as the Curing Party shall have the right to enter the Premises and Facility.
Trustee Fricano is the trustee in charge of Public Parks and the Hall.