Cure Time definition

Cure Time means the earlier of (A) two (2) full business days before the scheduled expiration date of the Offer (as such period may be extended) or (B) ten (10) full business days following notice to the Company of the existence of such condition.
Cure Time has the meaning specified in the Additional Terms Letter.
Cure Time means, in respect of any Collateral Call Trigger Event in respect of which Administrative Agent or any Lender has delivered a Collateral Call Notice to Borrower, 5:00 p.m. on the second succeeding Scheduled Trading Day following the Scheduled Trading Day on which Borrower has received (in accordance with Section 9.02) the relevant Collateral Call Notice; provided that if any Collateral Call Notice is received on a day that is not a Scheduled Trading Day, or after the Collateral Call Notice Deadline on any Scheduled Trading Day, such Collateral Call Notice shall be deemed to have been received at the open of business on the immediately following Scheduled Trading Day after delivery of such Collateral Call Notice.

Examples of Cure Time in a sentence

  • AA 5 22-Feb-24 28-Feb-24 AA1430 Install Test Piles 2 22-Feb-24 23-Feb-24 AA1440 Test Pile Cure Time 28 23-Feb-24 22-Mar-24 AA1080 PDA Testing 2 25-Mar-24 26-Mar-24 AA1060 Install Piles 10 27-Mar-24 09-Apr-24 AA1070 Pile Cure Time 28 10-Apr-24 07-May-24 Assemble Drill Rig Subgrade Bldg.

  • AA Install Test Piles Test Pile Cure Time PDA Testing Install Piles Pile Cure Time AA1090 AA1100 AA1110 AA1120 AA1130 AA1140 AA1150 AA1160 AA1170 AA1180 AA1190 AA1200 AA1210 AA1220 AA1230 AA1240 AA1250 AA1260 AA1270 AA1280 AA1290 AA1300 AA1310 AA1320 AA1360 AA1330 AA1340 AA1370 AA1390 AA1400 AA1410 AA1420 Diss-assemble Drill Rig Layout & Excavate Rebar / Template / Prep Grade Beams Caps Pour Footings & Strip Slab Layout / Rock / Vapor UG / Underslab Elect.


More Definitions of Cure Time

Cure Time means, in respect of any Collateral Call Trigger Event in respect of which Administrative Agent or any Lender has delivered a Collateral Call Notice to Borrowers, 5:00 p.m. on the second succeeding Scheduled Trading Day following the Scheduled Trading Day on which Borrowers have received (in accordance with Section 9.02) the relevant Collateral Call Notice; provided that if any Collateral Call Notice is received on a day that is not a Scheduled Trading Day, or after the Collateral Call Notice Deadline on any Scheduled Trading Day, such Collateral Call Notice shall be deemed to have been received at the open of business on the immediately following Scheduled Trading Day after delivery of such Collateral Call Notice.
Cure Time means, in respect of any Collateral Shortfall or any Mandatory Prepayment Event, 3:00 p.m. on the second Business Day following the Scheduled Trading Day on which the related Collateral Call Notice or the Mandatory Prepayment Event Notice, as applicable, is given; provided that if any Collateral Call Notice or the Mandatory Prepayment Event Notice, as applicable, is given on a day that is not a Scheduled Trading Day, such Collateral Call Notice or the Mandatory Prepayment Event Notice, as applicable, shall be deemed to have been given at the open of business on the immediately following Scheduled Trading Day.
Cure Time means, (a) in respect of any Collateral Shortfall, 3:00 p.m. on the second Scheduled Trading Day following the Scheduled Trading Day on which Borrower has received (in accordance with Section 10.02) the relevant Collateral Call Notice; provided that if any Collateral Call Notice is received on a day that is not a Scheduled Trading Day, or after the Collateral Call Notice Deadline on any Scheduled Trading Day, such Collateral Call Notice shall be deemed to have been received at the open of business on the immediately following Scheduled Trading Day and (b) in respect of any Mandatory Prepayment Event, 11:00 a.m. on each of the second (“First Cure Time”), third (“Second Cure Time”) and fifth (“Third Cure Time”) Scheduled Trading Days following the Scheduled Trading Day on which Borrower has received (in accordance with Section 2.06(b)) the relevant Mandatory Prepayment Notice; provided further that if any Mandatory Prepayment Notice is received on a day that is not a Scheduled Trading Day, such Mandatory Prepayment Notice shall be deemed to have been received at the open of business on the immediately following Scheduled Trading Day.
Cure Time means, in respect of any Collateral Shortfall, 1:00 p.m. on the second Scheduled Trading Day following the Scheduled Trading Day on which the Borrowers received (in accordance with Section 9.02) the relevant Collateral Call Notice (such date the “Collateral Call Notice Date”); provided that if any Collateral Call Notice is received on a day that is not a Scheduled Trading Day, or after the Collateral Call Notice Deadline on any Scheduled Trading Day, such Collateral Call Notice shall be deemed to have been received at the open of business on the immediately following Scheduled Trading Day, and provided further that if prior to 1:00 p.m. on the date that on which the Cure Time would otherwise have occurred, the Borrowers have delivered to the Lender written confirmation that they have commenced such steps as are required to provide additional Acceptable Collateral and that the steps so taken are irrevocable together with reasonable evidence of such steps, in each case satisfactory to the Lender, acting reasonably, the Cure Time will be extended to 1:00 p.m. on the fourth Scheduled Trading Day following the Collateral Call Notice Date.
Cure Time means, in respect of any Collateral Shortfall, 5:00 p.m. on the second Scheduled Trading Day following the Scheduled Trading Day on which Borrower has received (in accordance with Section 9.02) the relevant Collateral Call Notice; provided that if any Collateral Call Notice is received on a day that is not a Scheduled Trading Day, or after the Collateral Call Notice Deadline on any Scheduled Trading Day, such Collateral Call Notice shall be deemed to have been received at the open of business on the immediately following Scheduled Trading Day; provided, further, that if within the two Scheduled Trading Day period described above, Borrower provides the Calculation Agent, at Borrower’s election, with a Confirmation, the Cure Time with respect to the amount of the equity contribution contemplated by such Confirmation shall instead be 5:00 p.m. on the 14th Business Day following the Scheduled Trading Day on which Borrower has received (or has been deemed to receive, in accordance with the foregoing proviso) the relevant Collateral Call Notice; provided, further, that if any of the representations and warranties set forth in the confirmation notice or the equity commitment letter described in clauses (a) and (b) of the definition of “Confirmation” shall be determined by the Calculation Agent to have been incorrect or misleading in any material respect when made, the Cure Time shall thereupon immediately occur.
Cure Time means, in respect of any Collateral Shortfall, 5:00 p.m. on the Business Day following the Scheduled Trading Day on which the related Collateral Call Notice is given (if the LTV Ratio is greater than 65%) or on the second Business Day following the Scheduled Trading Day on which the related Collateral Call Notice is given (if the LTV Ratio is equal to or less than 65%); provided that if any Collateral Call Notice is given on a day that is not a Scheduled Trading Day, such Collateral Call Notice shall be deemed to have been given at the open of business on the immediately following Scheduled Trading Day.
Cure Time means, with respect to an LTV breach, the meaning specified in the Letter Agreement.