Covenant Cure. (a) The shareholders of the Issuer may cure or prevent a breach of the financial covenants in Condition 12.1 (Financial Conditions) (and any Event of Default arising as a result therefrom) if, prior to or within ninety (90) calendar days of the earlier of (i) the date on which the relevant Financial Report and Compliance Certificate are to be delivered and (ii) the date that such Financial Report and Compliance Certificate were in fact delivered to the Agent pursuant to the terms of this Agreement for any Relevant Period in which such failure to comply was (or would have been) first evidenced, the Issuer receives the cash proceeds of New Shareholder Injections from the shareholders of the Issuer (the “Equity Cure”), in an amount at least sufficient to ensure that the financial covenants set out above would be complied with if tested again as at the last day of the same Relevant Period on the basis that any Equity Cure so provided shall be included for the Relevant Period as if provided immediately prior to the last day of such Relevant Period (the “Adjustment”).
Covenant Cure. If at any time during the term of the Loan, after any of the covenants listed above in Section 3.2 have not been met and so Guarantor provides to Lender a letter of credit or cash deposit as set forth above, and, thereafter, for four (4) consecutive calendar quarters Borrower complies with all of the covenants listed above in Section 3.2, then, so long as there is then no Event of Default under the Loan Documents (or uncured event that with the passage of time or the giving of notice, or both, would constitute an Event of Default), Borrower shall be entitled, on written request to Lender, to the return of the letter of credit or cash deposit.
Covenant Cure. In the event Borrower fails to comply with the Capital Expenditure or Fixed Charge covenants as set forth herein as of the end of any calendar month (a "Shortfall Fiscal Month"), Borrower shall have the right to cure the Event of Default (an "Equity/Debt Cure") resulting solely from such failure by obtaining cash equity and/or Subordinated Debt (a "Specified Contribution") within ten (10) Business Days after the date for required delivery of the financial statements set forth in Sections 9.6(a) or 9.6(b), as applicable, subject to the following conditions:
