CURE PAYMENTS. If Grantor shall fail to pay any tax, assessment, lien or other charge levied or assessed against the Mortgaged Property, or any part thereof, or shall fail to keep and perform any of the covenants and conditions herein contained, Trustee or Beneficiary, shall be privileged, but shall not be obligated, to pay any such tax, assessment, lien, rent or other charge, to redeem such property from any sale or foreclosure for taxes or assessments or liens, to effect and pay for insurance required hereunder, to perform or pay for any other obligations, and to make such other disbursements as are necessary or advisable in the opinion of Trustee or Beneficiary to cure any default of Grantor hereunder or protect the lien or the rights of Trustee and Beneficiary hereunder; any and all such sums of money advanced for such purposes by Trustee or Beneficiary shall be deemed additional Indebtedness secured by this Deed of Trust and shall be payable on demand with interest accruing from the time so advanced at the highest rate per annum set forth under the Notes (or if no rate is specified, at the maximum lawful rate), and failure on the part of Grantor to repay the amounts so advanced on demand shall constitute an event of default hereunder; provided, however, nothing herein contained shall be construed as requiring Trustee or Beneficiary to effect such insurance or to advance or expend money or take any action for any of the purposes aforesaid.
CURE PAYMENTS. SCHEDULE 4.1(m) sets forth as of March 1, 2002 and as of April 1, 2002 the approximate amount of all cure payments required to be made under section 365 of the Bankruptcy Code with respect to each Contract listed on SCHEDULE 1.1(d).
CURE PAYMENTS. To B Lenders, to reimburse Cure Payments B Lenders actually paid, with interest at the B Rate;
CURE PAYMENTS. Each of the Obligors shall pay to each of the Facility Beneficiaries on demand all and any Cure Payments made by any Facility Beneficiary. Each Facility Beneficiary shall promptly notify the Bluewater Agent of any Cure Payment made by it.
CURE PAYMENTS. Subject to the prior approval of the Bankruptcy Court, Seller will, on or prior to the Closing, make Cure Payments, as are necessary up to an aggregate of $100,000, under any Assumed Leases, Additional Agreements (to the extent such Additional Agreements are identified prior to the Closing) or Assigned Contracts in order that such Assumed Lease, Additional Agreement or Assigned Contract may be assigned to and assumed by Purchaser in accordance with the provisions of Section 365 of the Bankruptcy Code and this Agreement. Seller and Purchaser agree to use their commercially reasonable efforts to minimize, and to cooperate with and assist the other in, minimizing the Cure Payments.
CURE PAYMENTS. All conditions to assumption of the Real Estate Leases shall have been satisfied, including the making of any cure payments on the Exit Facility Date (or such later date as may be agreed upon in writing by the Borrower and the applicable lessor with the written consent of the Majority Banks), all as required by Section 365(b) of the Bankruptcy Code.
CURE PAYMENTS. Notwithstanding paragraph 1 of this Sixth Forbearance Agreement Amendment, the Borrower shall cure the April 13, 1999 Interest Payment Date Event of Default by making weekly payments of $150,000 each commencing on Friday, April 16, 1999 and continuing on Friday of each week thereafter until the April 13, 1999 Interest Payment Date Event of Default is cured; provided, however, that: (a) the $150,000 payment due on April 23, 1999 pursuant to this paragraph shall first be applied as the April 21, 1999 Interest Payment (and no Default shall arise exclusively from the Borrower's failure to make the April 21, 1999 Interest Payment on April 21, 1999) and (b) the Borrower shall have paid all amounts necessary to cure the April 13, 1999 Interest Payment Date Event of Default by no later than June 11, 1999.
CURE PAYMENTS. The Seller agrees to use commercially reasonable efforts to assign the Assigned Contracts to the Purchaser pursuant to Section 365 of the Bankruptcy Code.
CURE PAYMENTS. Subject to the prior approval of the Bankruptcy Court, the Purchaser will, on or prior to the Closing, make the Cure Payments under any Assigned Contract in order that such Assigned Contract may be assigned to and assumed by the Purchaser in accordance with the provisions of Section 365 of the Bankruptcy Code and this Agreement.
CURE PAYMENTS. The Purchaser shall have paid the Cure Payments.
