Common use of No Cure Clause in Contracts

No Cure. In the event Beneficiary collects and receives any rents under the Deed of Trust upon any default hereof, such collection or receipt shall in no way constitute a curing of the default.

Appears in 3 contracts

Samples: Affordability Covenants and Restrictions, Redevelopment Loan Agreement, Deed of Trust

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No Cure. In the event Beneficiary collects and receives any rents under the Deed of Trust upon any default hereof, such collection or receipt shall in no way constitute a curing of the default, except if and to the extent the same are sufficient to cure all monetary defaults and no other defaults then exist.

Appears in 2 contracts

Samples: Affordable Housing Agreement, Affordable Housing and Property Disposition Agreement

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No Cure. In the event Beneficiary collects and receives any rents under the this Deed of Trust upon any default hereof, such collection or receipt shall in no way constitute a curing cure of the default.

Appears in 1 contract

Samples: Land Disposition Agreement

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