Right to Cure Event of Default. Without waiving or releasing any obligation contained in this Agreement, the FCRHA may (but shall be under no obligation to) perform such obligation on Developer’s behalf to cure an Event of Default (provided such Event of Default can be cured by payment or performance). Nothing in this Section 4.03.C or elsewhere in this Agreement shall imply any duty upon the part of the FCRHA to do anything required to cure an Event of Default and any performance by the FCRHA shall not constitute a waiver of an Event of Default. The FCRHA shall not be liable for any damage to Developer resulting from the FCRHA’s exercise of its rights hereunder, and the obligations of Developer under this Agreement shall not be affected thereby. All reasonable sums paid by the FCRHA and all reasonable costs and expenses incurred by the FCRHA in connection with its performance hereunder, together with interest thereon at the lesser of: (a) twelve percent (12%) per annum, compounded monthly, or (b) the highest interest rate permitted by Virginia law for commercial loans shall be paid by Developer, to the FCRHA within ten (10) days after the FCRHA shall have submitted to Developer, as applicable, a statement, in reasonable detail, substantiating the amount demanded by the FCRHA.
Right to Cure Event of Default. Upon the occurrence of any event of default entitling a Party to terminate this Agreement (excepting those events set forth under subsections 8.2 (a) or (b) and 8.3 (a) or (b) hereof), the non-defaulting Party may send notice of termination, specifying the nature of the default, to the other Party. The non-defaulting Party shall permit 60 calendar days, following the date of such notice to enable the other Party to cure the default to the non-defaulting Party's satisfaction. Failure to cure the default shall result in termination without further notice by the non-defaulting Party, unless such non-defaulting Party extends the cure period by written notice or withdraws the default notice; however, in no event shall any such termination relieve ECRI of its obligations under Section 2.1 of this Agreement.
Right to Cure Event of Default. Upon the occurrence of any event of default entitling a Party to terminate this eSAS 2 Addendum, the non-defaulting party shall send to the defaulting party notice of event of default, specifying in reasonable detail the nature of the default. The defaulting party will have thirty (30) days following the date of receipt of such notice within which to cure the breach or event of default. Failure to cure the default within such time period will result in termination of the eSAS 2 Development Program without further notice by the non-defaulting party, unless such non-defaulting party extends the cure period by written notice or withdraws the default notice. (The expiration of the period for such right to cure without cure, extension or withdrawal of the default notice is referred to as the “effective date of termination”.)
Right to Cure Event of Default. Upon the occurrence of any ------------------------------ event of default entitling a party to terminate this Agreement, the non- defaulting party may send notice of default, specifying the nature of the default, to the other party. The non-defaulting party will permit thirty (30) days following the date of such notice to enable the other party to cure the problem to the non-defaulting party's reasonable satisfaction. Failure to cure the problem will result in termination without further notice by the non- defaulting party, unless such non-defaulting party extends the cure period by written notice or withdraws the default notice.
Right to Cure Event of Default. Other than an event described in Section 14.2(b), upon the occurrence of any event of default entitling a party to terminate the Agreement, the non-defaulting party will send written notice of termination, specifying the nature of the default, to the other party. The defaulting party will have [*] days following the date such notice is given to cure the default or to resolve the default to the non-defaulting party's reasonable satisfaction. Failure to cure or to resolve the default will result in termination without further notice by the non-defaulting party, unless such non-defaulting party extends the cure period by written notice or withdraws the default notice. However, the willful material breach of Section 8.5 (Confidentiality) will be considered a breach, which cannot be cured and may be the basis for immediate termination of the Agreement.
Right to Cure Event of Default. Upon the occurrence of any event of default entitling a party to terminate this West Nile Virus Addendum, the non-defaulting party may send notice of event of default, specifying in reasonable detail the nature of the default, to the defaulting party. The defaulting party will have [...***...] following the date of receipt of such notice within which to cure the breach or event of default. Failure to cure the default within such time period will result in termination of the WNV Development Program without further notice by the non-defaulting party, unless such non-defaulting party extends the cure period by written notice or withdraws the default notice. (The expiration of the period for such right to cure without cure, extension or withdrawal of the default notice is referred to as the "effective date of termination".)
Right to Cure Event of Default. Upon the occurrence of any event of default entitling a party to terminate this Agreement (excepting those events set forth under clauses 12.2(1), 12.2(2), 12.3(1), 12.3(2) and 11.3 (3) hereof) the non-defaulting party may send notice of termination, specifying the nature of the default, to the other party. The non-defaulting party shall permit 60 calendar days, following the date of such notice to enable the other party to cure the default to the non-defaulting party's reasonable satisfaction. In the event of a payment default, the non defaulting party shall provide the defaulting party with written notice of such default and permit the other party 10 calendar days following such written notice to cure such default. Failure to cure the default shall result in termination without further notice by the non-defaulting party, unless such non-defaulting party extends the cure period by written notice or withdraws the default notice.
Right to Cure Event of Default. If the Mortgagor shall fail to comply with any of the covenants or obligations of this Mortgage, the Mortgagee may, but shall not be obligated to, without demand upon the Mortgagor, and without waiving or releasing the Mortgagor from any obligation in this Mortgage contained, remedy such failure, and the Mortgagor agrees to repay upon demand all sums incurred by the Mortgagee in remedying any such failure together with interest at the Default Rate, as defined under the terms of the Note. All such sums, together with interest as aforesaid shall become so much additional Indebtedness Secured Hereby, but no such advance shall be deemed to relieve the Mortgagor from any failure hereunder.
Right to Cure Event of Default. If the Mortgagor shall fail to comply with any of the covenants or obligations of this Mortgage, the Mortgagee may, but shall not be obligated to, without demand upon the Mortgagor, and without waiving or releasing the Mortgagor from any obligation in this Mortgage contained, remedy such failure, and the Mortgagor agrees to repay upon demand all sums incurred by the Mortgagee in remedying any such failure together with interest at the Default Rate, as defined under the terms of the Credit Agreement. All such sums, together with interest as aforesaid shall become so much additional Indebtedness Secured Hereby, but no such advance shall be deemed to relieve the Mortgagor from any failure hereunder.
Right to Cure Event of Default. If Grantor shall fail to comply with any of the covenants or obligations of this Deed of Trust, Beneficiary may, but shall not be obligated to, without demand upon Grantor, and without waiving or releasing Grantor from any obligation in this Deed of Trust contained, remedy such failure, and Grantor agrees to repay upon demand all sums incurred by Beneficiary in remedying any such failure together with interest at the Default Rate. All such sums, together with interest as aforesaid shall become Indebtedness. No such advance shall be deemed to relieve Grantor from any failure hereunder.
