Common use of Cures Clause in Contracts

Cures. Any Default or Event of Default resulting from failure to provide notice pursuant to Section 6.03(a) shall be deemed not to be “continuing” or “existing” and shall be deemed cured upon delivery of such notice unless the Borrower knowingly fails to give timely notice of such Default or Event of Default as required hereunder.

Appears in 3 contracts

Samples: Abl Revolving Credit Agreement (Petco Health & Wellness Company, Inc.), First Lien Credit Agreement (Petco Health & Wellness Company, Inc.), Abl Revolving Credit Agreement (Petco Health & Wellness Company, Inc.)

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Cures. Any Default or Event of Default resulting from or arising in connection with a failure to provide notice pursuant to Section 6.03(a) shall be deemed not to be “continuing” or “existing” and shall be deemed cured upon delivery of such notice unless the Borrower Parent knowingly fails to give timely notice of such Default or Event of Default as required hereunder.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Domtar CORP)

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