Cure of Violations Sample Clauses

Cure of Violations. If there shall occur any breach of Section 6.9, Borrower shall take such commercially reasonable action as is necessary to validly challenge or otherwise appropriately respond to such fact, event or circumstance within any timeframe required by applicable Health Care Laws, and shall thereafter diligently pursue the same.
Sample 1Sample 2Sample 3See All (28)
AutoNDA by SimpleDocs
Cure of Violations. If there shall occur any breach of Section 7.9, each Loan Party shall take such commercially reasonable action as is necessary to validly challenge or otherwise appropriately respond to such fact, event or circumstance within any timeframe required by applicable Health Care Laws, and shall thereafter diligently pursue the same.
Sample 1Sample 2Sample 3See All (4)
Cure of Violations. On or before the Closing Date, Seller shall cure (or escrow sufficient funds at the Closing with the Buyer's Title Company to cure) (i) all violation(s) of law, code, ordinance or regulation that are the subject of any written notice issued by a Governmental Authority with respect to the Property, and (ii) legal deficiencies discovered at or in any Property before the Closing. All covenants made in this Agreement by Seller shall survive the Closing for a period of eighteen (18) months.
Sample 1Sample 2See All (4)
Cure of Violations. On or before the Closing Date, Contributor shall cure (or escrow sufficient funds at the Closing with the Title Company to cure) all violation(s) of law, code, ordinance or regulation that arise and are the subject of any written notice issued by a Governmental Authority with respect to any Project during the period of Contributor's ownership of the Contributed Interests.
Sample 1Sample 2
Cure of Violations. Borrower shall promptly cure and use its commercially reasonable efforts to remove of record all building and permit violations affecting the Property.
Sample 1
Cure of Violations. If there shall occur any fact, event or circumstance for which Borrower is required to give Agent notice under Section 4.14 above, or if there shall occur any breach of Section 4.13, Borrower shall take such action as is necessary to validly challenge or otherwise appropriately respond to such fact, event or circumstance within any timeframe required by applicable Health Care Laws, and shall thereafter diligently pursue the same to a favorable conclusion, all to the effect that the fact, event or circumstance giving rise to Borrower’s notice obligation under Section 4.14 or the breach of Section 4.13, shall be dismissed, rescinded, eliminated and otherwise cease to exist on that date which is the earlier to occur of (A) sixty (60) days after the date Borrower or any Subsidiary became aware of such fact, event or circumstance, or (B) the expiration of any cure period given under applicable Health Care Laws to cure any such breach. Provided that Borrower is at all times in compliance with the covenants of this Section 4.16 and diligently pursue and obtain the cure described above within the timeframe described above, the existence of any fact, event or circumstance for which Borrower is required to give Agent notice under Section 4.14, or the existence of a breach of Section 4.13, shall not, in and of itself, constitute a breach of Borrower’s obligations hereunder unless the same shall in Agent’s good faith judgment have a Material Adverse Effect.
Sample 1
Cure of Violations. The COUNTY and WMC shall within a reasonable amount of time correct any violations or breaches of this Agreement, or other conditions reasonably determined by SOUTH ARAPAHOE, SOUTHGATE, or ENGLEWOOD to be injurious to SOUTH ARAPAHOE facilities, the Interceptor, or the Plant. Upon the failure of the COUNTY or WMC to take appropriate corrective action after notice by SOUTH ARAPAHOE, SOUTHGATE, or ENGLEWOOD, any or all of said parties shall have any or all of the following remedies: (1) undertake such corrective action as it deems necessary to halt Landfill discharge into SOUTH ARAPAHOE facilities; (2) disconnect the Landfill Tap from SOUTH ARAPAHOE facilities; and (3) obtain injunctive or other relief from any court of competent jurisdiction. Such remedies shall be cumulative, and the COUNTY and WMC shall be jointly and severally responsible and liable to SOUTH ARAPAHOE, SOUTHGATE, and ENGLEWOOD, as appropriate, for all expenses, including engineering and attorney fees, incurred in connection with the corrective work.
Sample 1
AutoNDA by SimpleDocs
Cure of Violations. On or before the Closing Date, Contributor shall exercise commercially reasonable efforts to cure (or escrow sufficient funds at the Closing with the Title Company to cure) (i) all violation(s) of law, code, ordinance or regulation that are the subject of any written notice issued by a Governmental Authority with respect to the Real Property after the Contract Date, and (ii) legal deficiencies discovered at or in the Real Property after the Contract Date and before the Closing. All covenants made in this Agreement by Contributor shall survive the Closing for a period of two years, or such longer period as expressly provided in any such covenant.
Sample 1
Cure of Violations. Buyer shall provide Seller prompt written notice of any "notice of violation" or other notice of default or violation with respect to the Permits being issued after the execution of this Agreement and prior to final transfer of the Permits to Buyer. All liabilities for fines and penalties and all liabilities and obligations for remedial work or otherwise arising from or relating to "notices of violation" and other notices of default or violation under any Permit or any law, rule or regulation applicable to the Purchased Assets, whether arising before or after the Closing, shall be the responsibility and liability of Buyer, and shall be cured as soon as reasonably possible. Prior to the final transfer of the Permits to Buyer, Seller may, but shall have no obligation to, take such actions as Seller reasonably believes to be necessary or desirable to cure any "notice of violation" or other default or violation under any Permit or any law, rule or regulation applicable to the Purchased Assets, and Seller may, at its election, offset the costs associated therewith against any other amounts owing to Buyer pursuant to this Agreement or any Related Agreement. In the event Seller cannot or does not offset its cure costs against amounts owed to Buyer, at the option of Seller (which option shall be exercised in Seller's sole and absolute discretion) either (a) Seller's documented cure costs shall be reimbursed by Buyer within 30 days after Seller requests reimbursement; or (b) Buyer and Seller shall instruct the Escrow Agent to satisfy such demand from the cash held pursuant to the Escrow Agreement.
Sample 1

Related to Cure of Violations

  • Notice of Violations Manager shall forward to Owner promptly upon receipt all notices of violation or other notices from any governmental authority, and board of fire underwriters or any insurance company, and shall make such recommendations regarding compliance with such notice as shall be appropriate.

  • Violations Promptly notify Agent in writing of any violation of any law, statute, regulation or ordinance of any Governmental Body, or of any agency thereof, applicable to any Borrower which could reasonably be expected to have a Material Adverse Effect on any Borrower.

  • Consents; No Violations After giving effect to the consummation of the other transactions to occur on the Effective Date, in the case of clauses (i) and (ii) below, neither the execution, delivery or performance by the Company of this Agreement or any of the other Transaction Documents to which it is a party nor the consummation of the transactions contemplated hereby or thereby shall (i) conflict with, or result in a breach or a violation of, any provision of the Restated Certificate of Incorporation or bylaws of the Company or of the certificate of incorporation, bylaws or other organizational documents of any of the Subsidiaries; (ii) except as set forth on Schedule 2.7, constitute, with or without notice or the passage of time or both, a breach, violation or default, create an Encumbrance, or give rise to any right of termination, modification, cancellation, prepayment, suspension, limitation, revocation or acceleration, under any Law or any provision of any agreement or other instrument to which the Company or any of the Subsidiaries is a party or pursuant to which any of them or any of their assets or properties is subject, except for breaches, violations, defaults, Encumbrances, or rights of termination, modification, cancellation, prepayment, suspension, limitation, revocation or acceleration, which, individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect; or (iii) other than as contemplated by the Bankruptcy Documents, require any consent, order, approval or authorization of, notification or submission to, filing with, license or permit from, or exemption or waiver by, any Governmental Entity or any other Person (collectively, the "Consents, Approvals and Filings") on the part of the Company or any of the Subsidiaries, except for (a) the filing of the Preferred Stock Certificate of Designation with the Secretary of State of the State of Delaware (the "Delaware Secretary of State"), (b) the Consents, Approvals and Filings required under the Securities Act, the Exchange Act and applicable state securities laws, (c) the Consents, Approvals and Filings required under rules of the Nasdaq Stock Market, (d) the Consents, Approvals and Filings set forth on Schedule 2.7 and (e) such other Consents, Approvals and Filings which the failure of the Company or any of the Subsidiaries to make or obtain would not reasonably be expected to have a Material Adverse Effect or materially adversely affect the ability of the Company to consummate the transactions contemplated by this Agreement or any Transaction Document.

  • Non-Violation Section 1. It shall not be a violation of this Agreement, if an Employee or Employees cease work because of:

  • No Defaults; Violations No material default exists in the due performance and observance of any term, covenant or condition of any material license, contract, indenture, mortgage, deed of trust, note, loan or credit agreement, or any other agreement or instrument evidencing an obligation for borrowed money, or any other material agreement or instrument to which the Company is a party or by which the Company may be bound or to which any of the properties or assets of the Company is subject. The Company is not in violation of any term or provision of its Certificate of Incorporation or Bylaws or in violation of any material franchise, license, permit, applicable law, rule, regulation, judgment or decree of any governmental agency or court, domestic or foreign, having jurisdiction over the Company or any of its properties or businesses.

  • Absence of Violation Neither the execution and delivery of this Agreement nor the consummation of the transactions contemplated hereby will constitute a violation of, or default under, or conflict with, or require any consent under any term or provision of the certificate of incorporation or by-laws of such Stockholder or any contract, commitment, indenture, lease or other agreement to which such Stockholder is a party or by which such Stockholder or any of its assets is bound.

  • No Conflict, Breach, Violation or Default The execution, delivery and performance of the Transaction Documents by the Company and the issuance and sale of the Securities will not conflict with or result in a breach or violation of any of the terms and provisions of, or constitute a default under (i) the Company’s Articles of Incorporation or the Company’s Bylaws, both as in effect on the date hereof (true and complete copies of which have been made available to the Investor through the XXXXX system), or (ii)(a) any statute, rule, regulation or order of any governmental agency or body or any court, domestic or foreign, having jurisdiction over the Company, any Subsidiary or any of their respective assets or properties, or (b) any agreement or instrument to which the Company or any Subsidiary is a party or by which the Company or a Subsidiary is bound or to which any of their respective assets or properties is subject.

  • No Defaults or Violations Neither the Company nor any subsidiary is in violation or default of (i) any provision of its charter or by-laws, (ii) the terms of any indenture, contract, lease, mortgage, deed of trust, note agreement, loan agreement or other agreement, obligation, condition, covenant or instrument to which it is a party or bound or to which its property is subject or (iii) any statute, law, rule, regulation, judgment, order or decree of any court, regulatory body, administrative agency, governmental body, arbitrator or other authority having jurisdiction over the Company or such subsidiary or any of its properties, as applicable, except any such violation or default which would not, singly or in the aggregate, result in a Material Adverse Change except as otherwise disclosed in the Prospectus.

Time is Money Join Law Insider Premium to draft better contracts faster.