Financiers' Cure Program Sample Clauses

Financiers' Cure Program. If the Security Trustee gives a notice to the State under clause 5.2(a), the State and the Security Trustee must meet as soon as reasonably practicable to agree in good faith a program for the Security Trustee or the Enforcing Party appointed by the Security Trustee (or both) to undertake the Cure Activities and a date by which the relevant PA Default Event must be Cured. If the Security Trustee and the State fail to agree on a Financiers’ Cure Program, then either party may refer the matter for resolution in accordance with clause 16. The program agreed or determined in accordance with clause 16 will be the Financiers’ Cure Program. (Provision of access and information): Upon a PA Default Event occurring, the State must, to the extent reasonably requested by a Financier Enforcing Party, and provided it is in accordance with the Financiers' Cure Program: provide reasonable assistance to allow any Financier Enforcing Party (including its agents, consultants and contractors) all necessary access to the Works and the Site, subject to the terms of the State Project Documents; and promptly provide that Financier Enforcing Party with all material information in its possession relevant to the PA Default Event.
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Financiers' Cure Program. If the Security Trustee gives a notice to the State under clause 5.2(a), the State and the Security Trustee must meet as soon as reasonably practicable to agree in good faith a program for the Security Trustee or the Enforcing Party appointed by the Security Trustee (or both) to undertake the Cure Activities and a date by which the relevant PA Default Event must be remedied or its effects overcome (Financiers' Cure Program). If the Security Trustee and the State fail to agree on a Financiers’ Cure Program, then either party may refer the matter for resolution in accordance with clause 16. The program agreed or determined in accordance with clause 16 will be the Financiers’ Cure Program. Without limiting the previous sentence, the State acknowledges that every PA Default Event can benefit from Cure Activities.

Related to Financiers' Cure Program

  • Emergency Mode Operation Plan Contractor must establish a documented plan to enable continuation of critical business processes and protection of the security of electronic DHCS PHI or PI in the event of an emergency. Emergency means any circumstance or situation that causes normal computer operations to become unavailable for use in performing the work required under this Agreement for more than 24 hours.

  • CONTRACTOR CUSTOMER SERVICE REPRESENTATIVE Contractor shall designate a customer service representative (and inform Enterprise Services of the same) who shall be responsible for addressing Purchaser issues pertaining to this Master Contract.

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