Cure Default definition

Cure Default shall have the meaning set forth in Section 6.5(c) hereof.
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Examples of Cure Default in a sentence

  • In the event Borrower fails to give such Notice of Occurrence within such three (3) day period, Agent and Banks shall not be required to give Notice to Cure Default and may immediately proceed with all available remedies.

  • In the event of such default or violation by the Chamber, the City shall send to the Chamber by certified mail a Notice or Demand to Cure Default or Violation, explaining the specific nature and extent of the default or violation.

  • Either Party may provide a Notice to Cure Default, therein specifying the acts or omissions constituting the alleged default, and demanding that the default be cured within ten (10) days, to the other Party.

  • In the event of such default or violation by the Contractor, the City shall send to Contractor by certified mail a Notice of Demand to Cure Default, explaining the nature and extent of the default or violation.

  • Date: , 20 Notice of Default and Right To Cure Default Name, address, and telephone number of creditor Account number, if any Brief identification of credit trans- action You are now in default on this credit transaction.

  • In the event of such default or violation by the Subrecipient the City shall send to Subrecipient by certified mail a Notice of Demand to Cure Default, explaining the nature and extent of the default or violation.

  • NOTICE OF DEFAULT: If you are in default, we will send you a Notice of Default and Notice of Right to Cure Default ("Notice") when required by law.

  • Lessee Authorized to Cure Default of the Authority 25 Section 8.08.

  • Such notice may take the form of a "Notice to Cure Default." The party receiving the notice ("Responding Party") has ten (10) days within which to designate by written notice to the Initiating Party one or more people with authority to settle the dispute on the Responding Party's behalf.

  • City Authorized to Cure Default of the Authority 14 Section 8.06.

Related to Cure Default

  • MI Default has the meaning given to it in paragraph 6.1 of Framework Schedule 9 (Management Information);

  • Lease Default means any event or condition which, with the lapse of time or the giving of notice, or both, would constitute a Lease Event of Default.

  • Special Default means (i) the failure by Owner to pay any amount of principal of or interest on any Equipment Note when due or (ii) the occurrence of any Default or Event of Default referred to in Section 5.01(v), (vi) or (vii).

  • Major Default means any Event of Default occurring under Sections 4.1(a), 4.1(c), 4.1(l), or 4.1(p) of this Note.

  • Indenture Default means any occurrence that is, or with notice or the lapse of time or both would become, an Indenture Event of Default.