Cure Periods. An Event of Default shall not be deemed to have occurred until thirty (30) business days, or fifteen (15) days in the event of a monetary default, after the non-defaulting party has provided the defaulting party with written notice specifying the event or events that, if not cured, would constitute an Event of Default and specifying the actions necessary to cure within such period. This period may be extended for a reasonable period of time if the defaulting party is acting in good faith to cure and such delay is not materially adverse to the other party.
Appears in 2 contracts
Samples: Time Brokerage Agreement (Nassau Broadcasting Corp), Time Brokerage Agreement (Nassau Broadcasting Corp)
Cure Periods. An Event of Default shall not be deemed to have occurred until thirty twenty-five (3025) business days, or fifteen (15) days in the event of a monetary default, after the non-defaulting party has provided the defaulting party with written notice specifying the event or events that, if not nor cured, would constitute an Event of Default and specifying the actions necessary to cure within such period. This period may be extended for a reasonable period of time if the defaulting party is acting in good faith to cure and such delay is not materially adverse to the other party.
Appears in 1 contract
Samples: Local Marketing Agreement (Nassau Broadcasting Corp)
Cure Periods. An Event of Default shall not be deemed to have occurred until thirty (30) business days, or fifteen (151 5) days in the event of a monetary default, after the non-defaulting party has provided the defaulting party with written notice specifying the event or events that, if not cured, would constitute an Event of Default and specifying the actions necessary to cure within such period. This period may be extended for a reasonable period of time if the defaulting party is acting in good faith to cure and such delay is not materially adverse to the other party.
Appears in 1 contract
Samples: Time Brokerage Agreement (Nassau Broadcasting Corp)
Cure Periods. An Event of Default shall not be deemed to have occurred until thirty (30) business days, or fifteen (15) days in the event of a monetary default, after the non-defaulting party has provided the defaulting party with written notice specifying the event or events that, if not cured, would constitute an Event of Default and specifying the actions necessary to cure within such period. This period may be extended for a reasonable period of time if the defaulting party is acting in good faith to cure and such delay is not materially adverse to the other party.
Appears in 1 contract
Samples: Time Brokerage Agreement (Nassau Broadcasting Corp)
Cure Periods. An Event of Default shall not be deemed to have occurred until thirty (30) business days, days (or fifteen ten (1510) days in the event of if a monetary payment default, ) after the non-defaulting party has provided the defaulting other party with written notice specifying the event or events that, if not cured, would constitute an Event of Default and specifying the actions necessary to cure within such period. This period may be extended (in writing only and only by the non-defaulting party) for a reasonable period of time if the defaulting party is acting diligently and in good faith to cure and such delay is not materially adverse to the other party.
Appears in 1 contract
Samples: Time Brokerage Agreement (Nexstar Broadcasting Group Inc)
Cure Periods. An Event of Default shall not be deemed to have occurred until thirty twenty-five (3025) business days, or fifteen (15) days in the event of a monetary default, after the non-defaulting party has provided the defaulting party with written notice specifying the event or events that, if not cured, would constitute an Event of Default and specifying the actions necessary to cure within such period. This period may be extended for a reasonable period of time if the defaulting party is acting in good faith to cure and such delay is not materially adverse to the other party.
Appears in 1 contract
Samples: Time Brokerage Agreement (Nassau Broadcasting Corp)
Cure Periods. An Event of Default shall not be deemed to have occurred until thirty (30) business days, or fifteen (15) days in the event of a monetary default, after the non-defaulting party has provided the defaulting party with written notice specifying the event or events that, if not cured, would constitute an Event of Default and specifying the actions necessary to cure the default(s) within such period. This period may be extended for a reasonable period of time if the defaulting party is acting in good faith to cure and such delay is not materially adverse to the other party.
Appears in 1 contract
Samples: Time Brokerage Agreement (Regent Communications Inc)