Common use of Cured Defaults Clause in Contracts

Cured Defaults. Upon the curing of any Event of Default by a Mortgagee within the time provided in Section 20.5, the Agency’s right to pursue any remedies for the cured Event of Default shall terminate.

Appears in 3 contracts

Samples: Disposition and Development Agreement (Five Point Holdings, LLC), Disposition and Development Agreement, Disposition and Development Agreement

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Cured Defaults. Upon the curing of any Event of Default by a Mortgagee within the time provided in Section 20.518.5, the Agency’s right to pursue any remedies for the cured Event of Default shall terminate.

Appears in 2 contracts

Samples: Disposition and Development Agreement, Disposition and Development Agreement

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Cured Defaults. Upon the curing of any Event of Default by a Mortgagee within the time provided in Section 20.5, the AgencyAuthority’s right to pursue any remedies for the cured Event of Default shall terminate.

Appears in 1 contract

Samples: Disposition and Development Agreement

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