Default in Loan Documents. The Borrower's default under or failure to perform under the terms of any Loan Document and such default or failure to perform is not cured within thirty (30) days after written notice of default has been given to the Borrower as provided in Section 10.11; provided however, if breach cannot be cured within thirty (30) days, Borrower shall not be in breach so long as Borrower is diligently undertaking to cure such breach and such breach is cured within ninety (90) days from the date of City’s written notice to Borrower; provided, further, if a different notice and cure period is specifically provided in such Loan Document with respect to a specific default such different notice and cure period shall govern with respect to the specified default.
Appears in 12 contracts
Samples: Loan Agreement, Loan Agreement, Agreement
