Notice, Cure Period. Unless a shorter cure period is specified for a default in the performance of any term, provision, covenant or agreement contained in this Agreement, including the obligations enumerated in Section 8.01 above, no default shall mature into an “Event of Default” and the County shall not exercise any right or remedy on account thereof unless the default continues for ten (10) days in the event of a monetary default or sixty (60) days in the event of a nonmonetary default after the date upon which the County shall have given written notice of the Event of Default to the Borrower; provided, however, if the nonmonetary default is of a nature that cannot be cured within sixty (60) days, an Event of Default shall not arise hereunder if Borrower commences to cure the default within sixty (60) days and thereafter prosecutes the curing of such default with due diligence and in good faith to completion and in no event later than one hundred twenty (120) days after receipt of notice of the default. The Limited Partner shall have the right, but not the obligation, to cure an Event of Default within the same cure periods as the Borrower.
Notice, Cure Period. In the event default shall be made by the Borrower in the due observance or performance of any covenant, condition or agreement contained herein (other than those specified in sections 13(a), 13(c) and 13(f) below), the Borrower shall have a period of thirty (30) days following the earlier to occur of (i) Borrower’s actual knowledge of such default or (ii) written notice provided by the Bank to Borrower which shall specify the claimed default and shall be provided in accordance with section 6.7of the Revolving Credit Agreement in which to cure such default. During such cure period, the Bank shall have the right to cease making additional advances to Borrower pursuant to the Note.
Notice, Cure Period. The Executive must deliver written notice of his intention to resign for cause pursuant to section 5.2 within twenty-one (21) days of becoming aware of the relevant circumstances of Good Cause. Executive’s failure to deliver such notice within the specified time period shall be deemed to constitute acceptance by the Executive of any such change, breach or relocation by the Company. The Company shall have a period of thirty (30) days from receipt of said notice to cure such Good Cause (the “Cure Period”). No resignation pursuant to section 5.2 shall take effect until the Cure Period has elapsed without the Good Cause having been cured by the Company. If the aforementioned breach or change is cured within the Cure Period, any notice delivered under this section by the Executive shall be deemed to be withdrawn.
Notice, Cure Period. Unless a shorter cure period is specified for a default in the performance of any term, provision, covenant or agreement contained in this Agreement, no default shall mature into an “Event of Default” and the County Board shall not exercise any right or remedy on account thereof unless the default continues for ten (10) days in the event of a monetary default or thirty
Notice, Cure Period. No default shall mature into an “Event of Default” and the County Board shall not exercise any right or remedy on account thereof unless the default continues for thirty (30) days after the date upon which the County Board shall have given written notice of the Event of Default to the Grantee.
Notice, Cure Period. Unless a shorter cure period is specified for a default in the performance of any term, provision, covenant or agreement contained in this CDBG Note, including the obligations enumerated in this Section 2, no default shall mature into an “Event of Default” and the County shall not exercise any Exhibit C FORM OF CDBG NOTE right or remedy on account thereof unless the default continues for ten (10) days in the event of a monetary default or sixty (60) days in the event of a nonmonetary default after the date upon which the County shall have given written notice of the default to the Borrower; provided, however, if the nonmonetary default is of a nature that cannot be cured within sixty (60) days, an Event of Default shall not arise hereunder if Borrower commences to cure the default within sixty (60) days and thereafter prosecutes the curing of such default with due diligence and in good faith to completion and in no event later than one hundred twenty (120) days after receipt of notice of the default. The Limited Partner may, but shall not be obligated to, cure any default on behalf of, and on the same terms as, the Borrower.
