Common use of Curative Equity Clause in Contracts

Curative Equity. (a) Subject to the limitations set forth in clause (f) below, Borrowers may cure (and shall be deemed to have cured) an Event of Default arising out of a breach of any of the financial covenants set forth in clauses (a) or (b) of Section 7 (the “Specified Financial Covenants”) if they receive the cash proceeds of an investment of Curative Equity within 10 Business Days after the date that is the earlier to occur of (i) the date on which the Compliance Certificate is delivered to Agent in respect of the fiscal quarter with respect to which any such breach occurred and (ii) the date on which the Compliance Certificate is required to be delivered to Agent pursuant to Section 5.1 in respect of the fiscal quarter with respect to which any such breach occurred; provided that Borrowers’ right to so cure an Event of Default shall be contingent on their timely delivery of such Compliance Certificate as required under Section 5.1.

Curative Equity. (a) Subject to the limitations set forth in clause (fe) below, Borrowers Borrower may cure (and shall be deemed to have cured) an Event of Default arising out of a breach of any of the financial covenants covenant set forth in clauses clause (a) or (bc) of Section 7 (the “Specified Financial CovenantsCovenant”) if they receive the cash proceeds of an investment of Curative Equity within 10 on or before the date that is ten Business Days after the date that is the earlier to occur of (i) the date on which the Compliance Certificate is delivered to Agent in respect of the fiscal quarter with respect to which any such breach occurred (the “Specified Financial Quarter”), and (ii) the date on which the Compliance Certificate is required to be delivered to Agent pursuant to Section 5.1 in respect of the fiscal quarter with respect to which any Specified Financial Quarter (such breach occurredearlier date, the “Financial Statement Delivery Date”); provided provided, that Borrowers’ Borrower’s right to so cure an Event of Default shall be contingent on their timely delivery of such Compliance Certificate and financial statements for the Specified Financial Quarter as required under Section 5.1.

Curative Equity. (a) Subject to the limitations set forth in clause (f) below, Borrowers may cure (and shall be deemed to have cured) an Event of Default arising out of a breach of any of the financial covenants covenant set forth in clauses (a) or (b) of Section 7 6.15 (the “Specified Financial CovenantsCovenant”) if they the Borrowers receive the cash proceeds of an investment of Curative Equity within 10 Business Days days after the date that is the earlier to occur of (i) the date on which the Compliance Certificate is delivered to the Administrative Agent in respect of the fiscal quarter period with respect to which any such breach occurred and (ii) the date on which the Compliance Certificate is required to be delivered to Administrative Agent pursuant to Section 5.1 5.02 in respect of the fiscal quarter period with respect to which any such breach occurred; provided provided, that Borrowers’ each Borrower’s right to so cure an Event of Default shall be contingent on their timely delivery of such Compliance Certificate as required under Section 5.15.02.

Curative Equity. (a) Subject to the limitations set forth in clause (fe) below, Borrowers Borrower may cure (and shall be deemed to have cured) an Event of Default arising out of a breach of any of the financial covenants covenant set forth in clauses clause (a) or (bc) of Section 7 (the “Specified Financial CovenantsCovenant”) if they receive the cash proceeds of an investment of Curative Equity within 10 on or before the date that is ten Business Days after the date that is the earlier to occur of (i) the date on which the Compliance Certificate is delivered to Agent in respect of the fiscal quarter with respect to which any such breach occurred (the “Specified Financial Quarter”), and (ii) the date on which the Compliance Certificate is required to be delivered to Agent pursuant to Section 5.1 in respect of the fiscal quarter with respect to which any Specified Financial Quarter (such breach occurredearlier date, the “Financial Statement Delivery Date”); provided provided, that Borrowers’ Borrower’s right to so cure an Event of Default shall be contingent on their timely delivery of such Compliance Certificate and financial statements for the Specified Fiscal Quarter as required under Section 5.1.