CURE LOAN is defined in Section 9.2(iii) hereof.
CURE LOAN is defined in Section 8.2 hereof.
CURE LOAN is defined in Section 9.2(iii) hereof. ---------- ----------------- "CUSTOMARY PERMITTED LIENS" means: --------------------------- (i) Liens (other than Environmental Liens and Liens in favor of the IRS or the PBGC or any Plan) with respect to the payment of taxes, assessments or governmental charges in all cases which are not yet due or (if foreclosure, distraint, sale or other similar proceedings shall not have been commenced or any such proceeding after being commenced is stayed) which are being contested in good faith by appropriate proceedings properly instituted and diligently conducted and with respect to which adequate reserves or other appropriate provisions are being maintained as may be required in accordance with Agreement Accounting Principles; (ii) statutory Liens of landlords and Liens of suppliers, mechanics, carriers, materialmen, warehousemen or workmen and other similar Liens imposed by law created in the ordinary course of business for amounts not yet due or which are being contested in good faith by appropriate proceedings properly instituted and diligently conducted and with respect to which adequate reserves or other appropriate provisions are being maintained as may be required in accordance with Agreement Accounting Principles; (iii) Liens (other than Environmental Liens and Liens in favor of the IRS or the PBGC or any Plan) incurred or deposits made in the ordinary course of business in connection with workers' compensation, unemployment insurance or other types of social security benefits or to secure the performance of bids, tenders, sales, contracts (other than for the repayment of borrowed money), surety, appeal and performance bonds; provided that (A) all such Liens do not in -------- the aggregate materially detract from the value of the Borrower's or such Subsidiary's assets or property taken as a whole or materially impair the use thereof in the operation of the Borrower's or such Subsidiary's businesses taken as a whole, and (B) all Liens securing bonds to stay judgments or in connection with appeals do not secure at any time an aggregate amount exceeding $30,000,000; (iv) Liens arising with respect to zoning restrictions, easements, licenses, reservations, covenants, rights-of-way, utility easements, building restrictions and other similar charges or encumbrances on the use of real property which do not in any case materially detract from the value of the property subject thereto or interfere with the ordinary conduct of...
More Definitions of CURE LOAN
CURE LOAN means a loan made by a Member (or any of its Affiliates) to the Company or any Project Company, to pay all or any portion of the outstanding indebtedness under the OrCal Senior Notes or the OFC Senior Notes following an OrCal Senior Notes Trigger Event or OFC Senior Notes Trigger Event, respectively, which loan shall be (i) unsecured, (ii) evidenced by a note substantially in form of Exhibit G hereto, and (iii) otherwise be on terms equivalent in all material respects to loans that would be available from a third party lender that is not an Affiliate of such curing Member.
CURE LOAN is defined in Section 9.2(iii) hereof. --------- ----------------
CURE LOAN is defined in Section 8.2(iii) hereof. --------- ----------------
CURE LOAN is defined in Section 8.2(iii) hereof. "CURRENT ASSETS" is defined in Section 6.4(A) hereof. "CUSTOMARY PERMITTED LIENS" means:
CURE LOAN means any further advance made by the B-Lender to the Borrower in order to cure a Loan Event of Default in the circumstances described in Clause 15 of the Servicing and Intercreditor Deed and Clauses 22.1.3, 22.2.3 or 30.11 of the Loan Agreement.
CURE LOAN means the loan made or to be made under a Cure Facility or the principal amount outstanding for the time being of that loan.
CURE LOAN is defined in SECTION 9.2.2.