Cure Of Defaults; Adequate Assurance Of Future Performance Sample Clauses

Cure Of Defaults; Adequate Assurance Of Future Performance. The MPAN Group and the NeighborCare Group each agree that in connection with MPAN's assumption of the Amended And Restated Contracts, except as provided in Paragraph 2 hereof, there are no monetary defaults that require cure or compensation; accordingly, the Parties agree that the requirements of sections 365(b)(1)(A) and (B) of the Bankruptcy Code shall be deemed satisfied in connection with the Amended and Restated Contracts. Further, the NeighborCare Group agrees that assumption of the Amended and Restated Contracts by members of the MPAN Group provides the NeighborCare Group with adequate assurance of future performance in satisfaction of the requirements of section 365(b)(1)(C) of the Bankruptcy Code.
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Related to Cure Of Defaults; Adequate Assurance Of Future Performance

  • Defaults Remedies (a) It shall be an Event of Default:

  • Collateral Reporting and Covenants Each Borrower hereby covenants and agrees, on behalf of itself and its Subsidiaries, as applicable below, as follows:

  • Notification of Defaults and Events of Default Each Lender hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §14.10 it shall promptly notify the other Lenders of the existence of such Default or Event of Default.

  • Notice of Defaults and Events of Default As soon as possible and in any event within ten (10) days after the occurrence of each Default or Event of Default, a written notice setting forth the details of such Default or Event of Default and the action which is proposed to be taken by the Borrower with respect thereto;

  • Notice of Default, Litigation and ERISA Matters Promptly upon becoming aware of any of the following, written notice describing the same and the steps being taken by the Company or the Subsidiary affected thereby with respect thereto:

  • Breach of Covenant The Borrower breaches any material covenant or other term or condition of the Subscription Agreement or this Note in any material respect and such breach, if subject to cure, continues for a period of ten (10) business days after written notice to the Borrower from the Holder.

  • Defaults and Remedies Section 6.01.

  • Waiver of Defaults and Events of Default (a) The Noteholders of a majority of the Note Balance of the Controlling Class may waive any Default or Event of Default, except an Event of Default (i) in the payment of principal of or interest on any of the Notes (other than an Event of Default relating to failure to pay principal due only by reason of acceleration) or (ii) in respect of a covenant or provision of this Indenture that cannot be amended, supplemented or modified without the consent of all Noteholders.

  • Performance of Agreements and Covenants Each and all of the agreements and covenants of Buyer to be performed and complied with pursuant to this Agreement and the other agreements contemplated hereby prior to the Effective Time shall have been duly performed and complied with in all material respects.

  • Specific Defaults The Company fails to perform or observe any term, covenant or agreement contained in any of Section 6.01, 6.02, 6.03 or 6.09(c) or in Article VII; or

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