Default Grace Period Clause Samples
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Default Grace Period. Notwithstanding any other provision of this Agreement, if a default by any party hereto can be cured or a condition satisfied within fifteen (15) business days after the time initially fixed for Closing as set forth herein, then the Closing Date shall be extended for the period (not to exceed fifteen (15) business days) required for such party to make such cure or satisfaction; provided that such default does not, and would not reasonably be expected to, have a material adverse effect on KOFY, Pacific, the broadcasting assets of KOFY or Buyer. If such cure or satisfaction cannot be, or is not, completed within fifteen (15) business days after such initial time, then the rights of the parties shall be governed by the applicable provisions of this Agreement.
Default Grace Period. Notwithstanding any other -------------------- provision of this Agreement, if a default by any party hereto can be cured or a condition satisfied within fifteen (15) business days after the time initially fixed for Closing as set forth herein, then the Closing Date shall be extended for the period (not to exceed fifteen (15) business days and in no event beyond February 1, 1997) required for such party to make such cure or satisfaction; provided that such extension of time does not, and would not reasonably be -------- expected to, have a New Partner Material Adverse Effect (on any party desiring to terminate the Agreement) on the New Partners or a Company Material Adverse Effect. If such cure or satisfaction cannot be, or is not, completed within fifteen (15) business days after such initial time, then the rights of the parties shall be governed by the applicable provisions of this Agreement.
Default Grace Period. Notwithstanding any other provision of this Agreement, if a default by any party hereto can be cured or a condition satisfied within fifteen (15) business days after the time initially fixed for Closing as set forth herein, then the Closing Date shall be extended for the period (not to exceed fifteen (15) business days) required for such party to make such cure or satisfaction. If such cure or satisfaction cannot be, or is not, completed within fifteen (15) business days after such initial time, then the rights of the parties shall be governed by the applicable provisions of this Agreement.
Default Grace Period. Notwithstanding any other provision of this Agreement, if a default by any party hereto can be cured or a condition satisfied within fifteen (15) business days after the time initially fixed for Closing as set forth herein, then the Closing Date shall be extended for the period (not to exceed fifteen (15) business days) required for such party to make such cure or satisfaction; PROVIDED, THAT, such default does not, and would not reasonably be expected to, have a material adverse effect on WNGS, the Broadcasting Assets or Buyer. If such cure or satisfaction cannot be, or is not, completed within fifteen (15) business days after such initial time, then the rights of the parties shall be governed by the applicable provisions of this Agreement.
Default Grace Period. 77 21.2 COSTS, EXPENSES, ETC............................................... 78 21.3