Examples of Curable Event of Default in a sentence
Any failure by the Contractor to remedy the Curable Event of Default within the time stipulated in this Section 15.1 or in accordance with the schedule accepted by the Owner shall entitle the Owner to the remedies set out in Section 15.3.
If the Parties cannot agree on a schedule for remedy of the Curable Event of Default within a fifteen (15) Business Day period then Article 25 shall apply.
Any provisions (other than the last sentence of this Section 0) herein to the contrary notwithstanding, Lender shall not, as the result of any Curable Event of Default, exercise any remedy provided in any of the Loan Documents unless Lender has previously given written notice of that Curable Event of Default to Borrower and that Curable Event of Default has continued for a certain period (the "Cure Period") after such written notice was so given.
Upon the occurrence of an Owner Event of Default (and, with respect to an Owner Event of Default that is a Curable Event of Default, the failure of Owner to cure such Owner Event of Default within any applicable cure periods provided pursuant to Section 13.1), Sourcer may terminate this Agreement by written notice to Owner.
Upon the occurrence of an Owner Event of Default (and, with respect to an Owner Event of Default that is a Curable Event of Default, the failure of Owner to cure such Owner Event of Default within any applicable cure periods provided pursuant to Section 13.1), Servicer’s sole remedy shall be to terminate its appointment as Servicer under this Agreement and to seek any damages available at law resulting from such Owner Event of Default.
Upon the occurrence of an Sourcer Event of Default (and, with respect to a Sourcer Event of Default that is a Curable Event of Default, the failure of Sourcer to cure such Sourcer Event of Default within any applicable cure periods provided pursuant to Section 13.1), Owner may terminate this Agreement by written notice to Sourcer.
For the purposes of this Agreement, an Event of Default shall not be deemed to have occurred with respect to any Curable Event of Default until the expiration of any Applicable Cure Period relating thereto.