Common use of During Cure Period Clause in Contracts

During Cure Period. At any time during the cure period (if any) that applies to OVG, extended through the date that is 60 days after such Leasehold Mortgagee’s receipt of OVG’s Cure Period Expiration Notice as to such nonmonetary default, or if no cure period applies to OVG, then within 60 days after such Leasehold Mortgagee’s receipt of notice of such default, such Leasehold Mortgagee shall be entitled to institute proceedings, and (subject to any stay in any Bankruptcy Proceedings affecting OVG or any injunction, unless such stay or injunction is lifted) provided that from and after the institution of such proceedings, such Leasehold Mortgagee shall diligently prosecute the same to completion, to obtain possession of the Arena as mortgagee (including possession by a receiver), or acquire directly, or cause its assignee, nominee, or designee to acquire, the Leasehold Estate through a Foreclosure Event, or foreclose on its pledged collateral, as applicable (the obtaining of such possession or the completion of such acquisition, “Control of the Arena”).

During Cure Period. At any time during the cure period (if any) that applies to OVGArenaCo, extended through the date that is 60 90 days after such Leasehold Mortgagee’s 's receipt of OVG’s ArenaCo's Cure Period Expiration Notice as to such nonmonetary default, or if no cure period applies to OVGArenaCo, then within 60 90 days after such Leasehold Mortgagee’s 's receipt of notice of such default, such Leasehold Mortgagee shall be entitled to institute proceedings, and (subject to any stay in any Bankruptcy Proceedings affecting OVG ArenaCo or any injunction, unless such stay or injunction is lifted) provided that from and after the institution of such proceedings, such Leasehold Mortgagee shall diligently prosecute the same to completion, to obtain possession of the Arena as mortgagee (including possession by a receiver), or acquire directly, or cause its assignee, nominee, or designee to acquire, the Leasehold Estate through a Foreclosure Event, or foreclose on its pledged collateral, as applicable (the obtaining of such possession or the completion of such acquisition, “"Control of the Arena”").