Uncured Default definition

Uncured Default means, with respect to a Reference Entity and any day falling on or prior to the Credit Observation End Date:
Uncured Default means a Potential Failure to Pay or Potential Repudiation/Moratorium has occurred and neither a Credit Event as a result of a Failure to Pay or Repudiation/Moratorium, as the case may be, nor a Default Correction Date has occurred.
Uncured Default means an Event of Default which shall be continuing.

Examples of Uncured Default in a sentence

  • Upon the occurrence of an Uncured Default, the City may terminate this Agreement.

  • Upon the occurrence of an Uncured Default, the obligation of City to disburse the Funds and all other obligations of City hereunder shall, at City’s option, immediately terminate.

  • Upon the occurrence of an Uncured Default, the City may commence against Company an action at law for monetary damages or in equity, for injunctive relief or specific performance of any of the provisions of this Agreement which, as a matter of equity, are specifically enforceable.

  • Upon the occurrence of an Uncured Default, the City shall be entitled to exercise, at the same time or at different times, any of the following remedies, all of which shall be cumulative of and without limitation to any other rights or remedies the City may have: 10.2.1.

  • If an Event of Default occurs on account of Company's failure to pay the License Fee in accordance with Section 9.1, such Event of Default shall be deemed an Uncured Default and the City shall have the right to terminate this Agreement immediately upon provision of written notice to Company.


More Definitions of Uncured Default

Uncured Default means any Default by Tenant which continues uncured, following the giving of a Notice of Default as required by this Lease, for the entire cure period applicable to that Default under the provisions of this Lease.
Uncured Default means, with respect to a Reference Entity and any day falling on or prior to the Credit Observation End Date and (determined by reference to Greenwich Mean Time (or, if the relevant Standard is Japan or Japan Sovereign, Tokyo time)), a Potential Failure to Pay has occurred with respect to such Reference Entity or the Repudiation/Moratorium Extension Condition has been satisfied with respect to such Reference Entity and neither an Applicable Event Determination Date nor a Determination Date has occurred with respect to the Reference Entity.
Uncured Default means, with respect to Reference Entity 1 and any day falling on or prior to the Reference Entity 1 Credit Observation End Date and on or after the Credit Event Backstop Date (determined, in each case, by reference to Greenwich Mean Time) a Potential Failure to Pay has occurred with respect to Reference Entity 1 and neither an Event Determination Date in respect of Reference Entity 1 as a result of a Failure to Pay nor a Default Correction Date has occurred. In respect of Reference Entity 2, Uncured Default has the meaning given to it in Schedule 1 hereto.
Uncured Default means one particular, specifically identified obligation of the manager under the respective Management Agreement that is breached and is not cured within ten days' written notice thereof, provided, however, that such ten-day cure period shall be extended one day for each day of delay attributable to the events described in Section 7(d) of that certain Property Management Agreement dated as of December 10, 1996 between East Broadway 5151 Limited Partnership and TEA. At the Closing, Contributor shall, or shall cause its affiliates to, enter into amended and restated Management Agreements with TEMI, that reflect the current terms of such agreements as modified as set forth above.
Uncured Default means a Potential Failure to Pay has occurred and neither a Credit Event as a result of a Failure to Pay nor a Default Correction Date has occurred.
Uncured Default. A Default that remains uncured six months after the date of a Default Notice or an Accelerated Default that remains uncured 30 days after the date of a Default Notice.
Uncured Default means, with respect to the Reference Entity and any day falling on or prior to the Credit Observation End Date and on or after the Credit Event Backstop Date (determined, in each case, by reference to Greenwich Mean Time), a Potential Failure to Pay has occurred with respect to the Reference Entity and neither an Event Determination Date in respect of the Reference Entity as a result of a Failure to Pay nor a Default Correction Date has occurred. Fixed Rate: Applicable Interest Rate: 0.85 per cent per annum Adjustment: Not Applicable Business Day Convention: Following Business Day Convention. Day Count Fraction: 30/360 Floating Rate: Not Applicable Condition 10 (Redemption and Purchase) Scheduled Maturity Date: 29 September 2017 Maturity Date: “Maturity Date” means: