Cure of Defaults. If the Borrower shall have, within fifteen (15) days after the occurrence thereof, removed and remedied each event of default as set forth herein, then in every such case, the Secretary shall waive any such event of default; but no such waiver shall extend to nor affect any subsequent or other event of default nor impair any rights or remedies consequent thereon.
Appears in 5 contracts
Samples: Security Agreement (Omega Protein Corp), Security Agreement (Omega Protein Corp), Security Agreement (Omega Protein Corp)