Cure Rights definition

Cure Rights shall have the meaning assigned to such term in Section 7.02.
Cure Rights means the cure rights granted to the ________________ Note B Non-Trust Mortgage Loan Noteholder under Article VII of the ________________ Co-Lender Agreement.
Cure Rights means the rights of the Borrower set forth in Section 7.04 (Specified Equity Contributions).

Examples of Cure Rights in a sentence

  • Leasehold Mortgagee’s exercise of Mortgagee’s Cure Rights shall not be deemed an assumption of the Lease Agreement in whole or in part.

  • If any New Operator shall acquire the Leasehold Estate pursuant to a Foreclosure Event and shall continue to exercise Mortgagee’s Cure Rights as to any remaining defaults (other than Personal Defaults, which New Operator need not cure), then any Personal Defaults by OVG shall no DlRAFT onger be deemed defaults and upon cure of all remaining defaults (other than Personal Defaults) the City shall recognize the rights of such New Operator hereunder as if such New Operator were OVG.

  • When reminded of her right to be accompanied at any further investigatory meeting, the claimant observed that she was not in a union and that she would not want anyone to know.

  • A copy of the executed Agreement to Provide Notice and Cure Rights shall be submitted by the RC to the Department no later than fifteen (15) days after close of escrow.

  • At Closing, the Authority, the Developer and the Construction Lender will enter into a Cure Rights Agreement substantially in the form attached hereto as Exhibit 11.


More Definitions of Cure Rights

Cure Rights means the cure rights granted to the holder of the Mortgage Note for the ______________ Trust Mortgage Loan under Section 4.4 of the ______________ Co-Lender Agreement. The representative of the Trust, as holder of the Mortgage Note for the ______________ Trust Mortgage Loan, with respect to the exercise of the ______________ Cure Rights (if and to the extent it is permitted to exercise such rights under the ______________ Co-Lender Agreement), appointed in accordance with Section 4.1.1 of the ______________ Co-Lender Agreement and pursuant to Section 3.28 of this Agreement, shall be the Class ___ Representative.
Cure Rights means the rights of Company pursuant to subsection 7.6C to sell Permitted Cure Securities to Sponsors for cash and apply the proceeds of such sale to cause compliance with the Financial Performance Covenants in the manner specified in such subsection.
Cure Rights means the rights to cure a Default as specified in Section 7.03 before such Default is deemed to be an Event of Default.
Cure Rights means the rights to cure a Default as specified in Section 12.5 before such Default is deemed to be an Event of Default.
Cure Rights. As per the Unitranche Facility and as set out in Clause 28.2 (Financial covenant). No Additional Cure Rights shall apply. Transfers: As per Clause 29 (Changes to the Lenders), provided that notwithstanding the terms of the Facilities Agreement, an original Additional Facility Lender shall be permitted to transfer, assign or sub-participate any or all of its Commitments under the 2023 Additional Term Facility to a New Lender (including an Affiliate or Related Fund) on or prior to the last day of the Agreed Certain Funds Period (in each case the “Transferred Commitments”), provided the original Additional Facility Lender shall remain obligated to comply with Clause 5.4 (Lenders’ participation) and, subject to Clause 4.6 (Utilisations of the Revolving Facility / Additional Facility during the Agreed Certain Funds Period), will fund the Transferred Commitments in respect of that Loan to the extent that New Lender has failed to so fund (or has confirmed that it will not be able to fund) on any Utilisation Date in respect of the 2023 Additional Term Facility in circumstances where such New Lender is contractually obliged to do so under this Additional Facility Notice.
Cure Rights means the 000 Xxxx Xxxxxx Cure Rights, the 000 Xxxxx Xxxxxxxx Cure Rights and the Courtyard by Marriott Cure Rights.