STATUTORY RIGHT TO CURE Sample Clauses

STATUTORY RIGHT TO CURE. Pursuant to Colorado law, Tenant has the right to pay all amounts due prior to a court entering a judgment for possession if Tenant is being evicted for non-payment of Rent. If Tenant exercises Tenant’s statutory right to pay, Landlord only has to accept Tenant’s payment if Tenant fully pays all amounts due according to eviction notice, as well as any Rent that remains due under this Lease Agreement. If Tenant exercises Tenant’s right to pay, Tenant agrees to [outline process, payment in certified funds, logistics, receipts, etc]. If Tenant exercises Tenant’s statutory right to pay in response to an eviction notice after the notice has expired and after Landlord’s attorney has filed an eviction case with a court to enforce Landlord’s legal rights but before the court has entered a judgment for possession, Tenant agrees to pay Landlord’s current attorney's fees and court costs as set forth in the eviction notice in addition to any other amounts due pursuant to the Lease and all other amounts set forth in the notice. If Landlord files an eviction case and the court determines the possession issue because Tenant disputes the eviction case, attorneys’ fees and costs will be awarded to the prevailing party as determined by the court consistent with the parties’ intent to have attorneys’ fees and court costs awarded to the prevailing party in disputed court actions as set forth in this Lease Agreement.
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STATUTORY RIGHT TO CURE. Pursuant to Colorado law, Xxxxxx has the right to pay all amounts due prior to a court entering a judgment for possession if Xxxxxx is being evicted for non- payment of rent. If Tenant exercises Xxxxxx’s statutory right to pay, Xxxxxx only has to accept Tenant’s payment if Tenant fully pays all amounts due according to eviction notice, as well as any rent that remains due under this Agreement. If Tenant exercises Xxxxxx’s right to pay, Xxxxxx agrees to pay in certified funds.
STATUTORY RIGHT TO CURE. Pursuant to Colorado law, Xxxxxx has the right to pay all amounts due prior to a court entering a judgment for possession if Xxxxxx is being evicted for non- payment of rent. If Tenant exercises Tenant’s statutory right to pay, Landlord only has to accept Tenant’s payment if Tenant fully pays all amounts due according to the eviction notice, as well as any rent that remains due under this Agreement. If Tenant exercises Xxxxxx’s right to pay, Xxxxxx agrees to pay in certified funds at Landlord’s business office during business hours.
STATUTORY RIGHT TO CURE. Pursuant to Colorado law, Resident has the right to pay all amounts due prior to a court entering a judgment for possession if Resident is being evicted for non-payment of rent. If Resident exercises Resident’s statutory right to pay, Landlord only has to accept Resident’s payment if Resident fully pays all amounts due according to eviction notice, as well as any rent that remains due under this agreement. If Resident exercises Resident’s right to pay, Resident agrees to pay in certified funds. If Resident exercises Resident’s statutory right to pay in response to an eviction notice after the notice has expired and after Xxxxxxxx’s attorney has filed an eviction case with a court to enforce Xxxxxxxx’s legal rights but before the court has entered a judgment for possession, Resident agrees to pay Landlord’s current attorney's fees and court costs as set forth in the eviction notice in addition to any other amounts due pursuant to the Lease and all other amounts set forth in the notice. If Landlord files an eviction case and the court determines the possession issue because Resident disputes the eviction case, attorneys’ fees and costs will be awarded to the prevailing party as determined by the court consistent with the parties’ intent to have attorneys’ fees and court costs awarded to the prevailing party in disputed court actions as set forth in this Agreement. A charge of $20.00 shall be made to cover extra costs of handling a returned payment regardless of the reason the payment was not honored by the bank including but not limited to lack of signature or incorrect corresponding dollar ($) amounts and additional charges may also be assessed. Returned payments are considered unpaid rent and therefore subject to evictions, late charges and returned check fees. Thereafter rents must be paid by money order or certified check. Resident(s) may not withhold rent or offset against rent for any reason without the expressed permission of the Landlord or unless permitted by applicable law. If a credit/Xxxxx card charge originally authorized by Resident is ultimately disputed by Resident, Resident will be deemed in breach of the Lease Agreement and the full amount of the charge disputed will be deemed due and owing. If Resident elects to pay rent payments or other charges hereunder via Automated Clearing House (ACH) payments Resident is required to confirm that said payments are authorized and settled at the time the payment is made. IF any ACH payment does not cle...

Related to STATUTORY RIGHT TO CURE

  • Right to Cure (a) Notwithstanding anything to the contrary contained in Section 11.3(a), in the event that the Borrower fails to comply with the requirement of the covenant set forth in Section 10.9, until the expiration of the fifteenth Business Day after the date on which Section 9.1 Financials with respect to the Test Period in which the covenant set forth in such Section is being measured are required to be delivered pursuant to Section 9.1 (the “Cure Period”), Holdings or any other Person shall have the right to make a direct or indirect equity investment (in the form of cash common equity or otherwise in a form reasonably acceptable to the Administrative Agent) in the Borrower (the “Cure Right”), and upon receipt by the Borrower of the net cash proceeds pursuant to the exercise of the Cure Right (including through the capital contribution of any such net cash proceeds to the Borrower, the “Cure Amount”), the covenant set forth in such Section shall be recalculated, giving effect to the pro forma increase to Consolidated EBITDA for such Test Period in an amount equal to such Cure Amount; provided that (i) such pro forma adjustment to Consolidated EBITDA shall be given solely for the purpose of calculating the covenant set forth in such Section with respect to any Test Period that includes the fiscal quarter for which such Cure Right was exercised and not for any other purpose under any Credit Document, (ii) unless actually applied to Indebtedness, there shall be no pro forma reduction in Indebtedness with the proceeds of any Cure Right for determining compliance with Section 10.9 for the fiscal quarter in respect of which such Cure Right is exercised (either directly through prepayment or indirectly as a result of the netting of Unrestricted Cash for purposes of the definitions of Consolidated Total Debt) and (iii) subject to clause (ii), no other adjustment under any other financial definition shall be made as a result of the exercise of any Cure Right.

  • Your Right to Cancel You can cancel this Agreement by giving written notice to us within 5 business days of being handed a completed copy of this Agreement; or within 7 business days of receipt if the completed Agreement is emailed or sent to you electronically; or within 9 business days of the date the completed Agreement was posted to you (if applicable). Saturdays, Sundays and national public holidays are not counted as business days. You can physically give the notice to us or our employee or agent, post the notice to us or our agent or email the notice to our email address listed in these Commercial Terms. If you cancel this Agreement, you must immediately repay the Loan and any interest accrued for the period starting on the day you get the Loan until the day you repay us in full (if relevant). You must also reimburse us for any reasonable expenses we have to pay in connection with this Agreement and its cancellation, including legal fees and credit report fees. This statement is only a summary of your cancellation rights and obligations. If you want more information, or if you think that we are being unreasonable in any way, you should seek legal advice immediately. WHAT CAN YOU DO IF YOU SUFFER UNFORESEEN HARDSHIP? If you are unable reasonably to keep up your payments because of illness, injury, loss of employment, the end of a relationship, or other reasonable cause, you may be able to ask us to vary the terms of this Agreement (we call this a Hardship Variation). To apply for a Hardship Variation, you need to:

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