Common use of Default Cured Clause in Contracts

Default Cured. If Seller’s default is corrected or cured within Seller’s Cure Period, the parties shall proceed to Closing as herein provided, with the Closing Date being extended by not more than fourteen (14) days to accommodate any delay resulting from such default.

Appears in 5 contracts

Samples: Purchase Agreement (Sunlink Health Systems Inc), Purchase Agreement (Global Medical REIT Inc.), Purchase Agreement (Global Medical REIT Inc.)

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Default Cured. If Seller’s 's default is corrected or cured within Seller’s 's Cure Period, the parties shall proceed to Closing as herein provided, with the respective Closing Date being extended by not more than fourteen (14) days to accommodate any delay resulting from such default.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Brookdale Senior Living Inc.)

Default Cured. If Seller’s default is corrected or cured within Seller’s Cure Period, the parties shall proceed to Closing as herein provided, with the Closing Date being extended by not more than fourteen ten (1410) days to accommodate any delay resulting from such default.

Appears in 1 contract

Samples: Purchase Agreement (Global Medical REIT Inc.)

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Default Cured. If Seller’s default is corrected or cured within Seller’s Cure Period, the parties shall proceed to Closing as herein provided, with the Closing Date being extended at the option of Purchaser by not more than fourteen (14) days to accommodate any delay resulting from such default.

Appears in 1 contract

Samples: Purchase Agreement (Global Medical REIT Inc.)

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