Curing of Default. Notwithstanding any other provision of this Paragraph 22, if an event of Default, other than for the payment of Rent or other monies owing from Tenant to Landlord hereunder, is of such a nature that the same cannot be cured upon demand by Landlord as specified in any written notice relating thereto, then such event of Default shall be deemed to be cured if Tenant upon such notice shall have commenced to cure such Default and shall continue thereafter with all due diligence to so cure and does so complete the same within a reasonable period of time.
Curing of Default. Upon the timely payment or other satisfaction of all delinquent assessments of a Unit Owner set forth in the Notice of Assessment filed and recorded in accordance with this Article and all other assessments which have become due and payable with respect to the Condominium as to which such Notice of Assessment was filed and recorded following the date of such recordation, together with all costs and interest at the rate of ten percent (10%) per annum which accrued thereon and reasonable attorney's fees, the Board shall cause to be recorded in the Office of the City and County of San Francisco Recorder a further notice, stating the satisfaction and release of the lien created by the Notice of Assessment. A fee in the amount of Twenty-five dollars ($25) covering the cost of preparation and recordation of the Notice of Release and Satisfaction shall be paid to the Corporation prior to the execution, filing and recordation of such Notice of Release and Satisfaction. Such Notice of Release and Satisfaction of lien may be executed by a designee of the Board. For the purposes of this Section 7.11, the term "costs" shall include costs and expenses actually incurred or expended by the Corporation in connection with the preparation and recordation of the Notice of Assessment and in efforts to collect the delinquent assessments secured by the lien created by the Notice of Assessment.
Curing of Default. Upon the occurrence of an Event of Default, the ----------------- Secured Party may, at the Secured Party's option, but without obligation to the Debtor, discharge taxes, liens or security interests or other encumbrances at any time levied or placed upon the Collateral, and may place and pay for insurance thereon, or pay for the repair, improvement, maintenance and preservation of the Collateral and pay any filing or recording fees necessary to preserve and protect the Security Interests. The Debtor agrees to reimburse the Secured Party on demand for any payment made or any reasonable expense incurred by the Secured Party pursuant to the foregoing authorization, and the amount shall constitute additional Obligations which shall be secured by and entitled to the benefits of this Security Agreement. The Debtor agrees to pay interest on the amounts at the Maximum Rate from the date same are incurred by the Secured Party until paid by the Debtor.
Curing of Default. The Secured Party may, at the Secured Party's ----------------- option, whether before or after Default, but without obligation to the Debtor, discharge taxes, liens or security interests or other encumbrances at any time levied or placed upon the Collateral, and pay any filing or recording fees necessary to preserve and protect the Security Interests. The Debtor agrees to reimburse the Secured Party on demand for any payment made or any expense incurred by the Secured Party pursuant to the foregoing authorization, and the amount shall constitute additional Obligations which shall be secured by and entitled to the benefits of this Security Agreement. The Debtor agrees to pay interest on the amounts at the Maximum Rate from the date same are incurred by the Secured Party until paid by the Debtor.
Curing of Default. 20.3.1. Any curing of a default by a Person other than the Lessee will be construed as a curing of that default by the Lessee.
Curing of Default. (a) Tenant shall be entitled to the respective period of time set forth in Section 18 to cure any Event of Default as to which a Notice of Default is required to be sent.
(b) With respect to any Event of Default (other than the payment of money) of such nature that it cannot, by due diligence, be cured within the period of time specified in Section 18, and as to which a Notice of Default is required to be sent, if Tenant shall commence the curing of such default within the period specified in Section 18, then Tenant shall be entitled to as long a period to cure such default as may be required by Tenant in the exercise of due diligence in endeavoring to cure such default.
Curing of Default. With respect to any default (other than the payment of money) of such nature that it cannot, by due diligence, be cured within the period of time specified in Section 29, and as to which a Notice of Default is required to be sent, if Tenant shall commence the curing of such default within the period specified in Section 29, then Tenant shall be entitled to as long a period to cure such default as may be required by Tenant in the exercise of due diligence in endeavoring to cure such default, provided that such period is no longer than ninety (90) days from the date of such Notice of Default, provided as to a Performance Breach as set forth in Section 13, Xxxxxx’s cure rights shall be as set forth in Section 13.
Curing of Default. In the event that either party shall, within the applicable cure period set forth above, cure the default the nature of which is set forth in a notice issued pursuant to Section 4.1 herein, then the default shall be deemed cured; provided, further that, in the event that such default is for reasons beyond the control of either party or is not susceptible of being cured within the applicable notice period, the time for curing such default may be extended by the non-defaulting party for so long as shall reasonably be necessary for the defaulting party to cure such default.
Curing of Default. Upon the timely curing of any default for which a Notice of Claim of Lien was filed by the Hotel Owner or Creditor Owner, whichever is applicable, an officer thereof shall record an appropriate Release of Lien upon payment by the Defaulting Owner of a fee, to be determined by the Hotel Owner or Creditor Owner, whichever is applicable, to cover the cost of preparing and recording the release. A certificate executed by and acknowledged by any authorized officer or agent of the Hotel Owner or Creditor Owner, whichever is applicable, stating the amount of the indebtedness secured by the lien upon any Parcel created hereunder shall be conclusive as to the amount of such indebtedness as of the date of the certificate with respect to all persons, other than the Owner of the subject Parcel, who rely on it in good faith. Such a certificate shall be furnished to any Owner upon request at a reasonable fee.
Curing of Default. Tenant must cure a default within fifteen (15) days from the date of a Notice of Default.
