Curing Party definition

Curing Party has the meaning set forth in Section 6.1(a) of the Participation Agreement.
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Curing Party shall have that meaning set forth in Section 6.01 of this Agreement. "Cure Period" shall have that meaning set forth in Section 6.01 of this Agreement. "Default" shall have that meaning set forth in Section 6.01 of this Agreement. "Default Notice" shall have that meaning set forth in Section 6.01 of this Agreement.
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Curing Party shall have the meaning assigned to such term in Section 2.5.
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Examples of Curing Party in a sentence

  • If the Curing Party effects such cure by bonding any lien which Tenant is required to bond or otherwise discharge, Tenant shall obtain and substitute a bond for the Curing Party’s bond and shall reimburse the Curing Party for the cost of the Curing Party’s bond.

  • If a Curing Party performs any of Tenant’s obligations under this Lease, Tenant shall pay to Landlord (as Additional Rent) the costs thereof, together with interest at the Interest Rate from the date incurred by the Curing Party until paid by Tenant, within fifteen (15) days after receipt by Tenant of a statement as to the amounts of such costs.

  • If the Curing Party effects such cure by bonding any lien which Tenant is required to bond or otherwise discharge, Tenant shall obtain and substitute a bond for the Curing Party's bond and shall reimburse the Curing Party for the cost of the Curing Party's bond.

  • In such event, the Owner shall be personally liable to the Curing Party for past due payments made by the Curing Party, together with interest thereon at the rate specified in the promissory note secured by the deed of trust, plus one (1) per cent, and all actual expenses of the Curing Party incurred in curing the default.

  • If Collateral Agent shall thereafter receive from Lessee such Lease Payment or Supplemental Payment, Collateral Agent shall forthwith remit such payment to such Curing Party in reimbursement for the funds so advanced by it.

  • If the Defaulting Party contends that some or all of the amounts expended by the Curing Party in such circumstances were excessive or were not required to be expended for any reason, then the Defaulting Party shall have the right to submit such contention to the Dispute Resolution Procedure.

  • Any act or thing done by the Curing Party pursuant to this paragraph shall not constitute a waiver of any such default by the Curing Party or a waiver of any covenant, term or condition herein contained or the performance thereof.

  • The Defaulting Party shall on demand reimburse the Curing Party for the costs and expenses incurred by the Curing Party in rectifying defaults as aforesaid, including reasonable attorneys’ fees, together with interest thereon at the Default Rate, but nothing herein shall be deemed to permit either party to set off any costs of cure or other amounts against the amounts owing to the other party hereunder..

  • For the purpose of rectifying a default of the Defaulting Party as aforesaid, the Curing Party shall have the right to enter the Leased Premises.

  • The notice shall be provided in the manner specified in Section 20, shall reference this Section 18(d), and shall describe each Material Breach of the Agreement in sufficient detail to permit the Curing Party to cure the breach.


More Definitions of Curing Party

Curing Party has the meaning set forth in Section 4.2(f)(ix).
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Curing Party has the meaning set forth in Section 5.6.
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Curing Party shall have the right (i) if no emergency exists, to perform the same after giving 30 days’ notice to the Defaulting Party, and (ii) in any emergency situation to perform the same immediately without notice or delay. For the purpose of rectifying a default of the Defaulting Party as aforesaid, the Curing Party shall have the right to enter the Leased Premises. The Defaulting Party shall on demand reimburse the Curing Party for the costs and expenses incurred by the Curing Party in rectifying defaults as aforesaid, including reasonable attorneys’ fees, together with interest thereon at the Default Rate, but nothing herein shall be deemed to permit either party to set off any costs of cure or other amounts against the amounts owing to the other party hereunder.. Any act or thing done by the Curing Party pursuant to this paragraph shall not constitute a waiver of any such default by the Curing Party or a waiver of any covenant, term or condition herein contained or the performance thereof.
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Curing Party has the meaning set forth in Section 2(c) hereof.
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Curing Party is defined in Section 7.2(b).
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Curing Party shall have the meaning set forth in Section 4.02.
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Related to Curing Party

  • Breaching Party has the meaning set forth in Section 12.2.

  • Non-Breaching Party has the meaning set forth in Section 9.3.

  • Acquiring Party has the meaning given such term in Section 4.1.

  • Supplying Party shall have the meaning stated in Section 35.8.2.

  • Aggrieved party means a party entitled to pursue a remedy.

  • Responding Party shall have the meaning set forth in Section 12.2 hereof.

  • Initiating Party means a party who gives notice under section 2 of this Schedule;

  • Filing Party has the meaning set forth in Section 6.12(b).

  • Notifying Party As defined in Section 3.01(i).

  • Delivering Party means the entity supplying capacity and energy to be transmitted at Point(s) of Receipt.

  • Terminating Party As defined in Section 7.1(f).

  • Transferring Party has the meaning given such term in Section 5.2(b).

  • Managing Party shall have the meaning set forth in Section 7.2(a).

  • Insuring Party Lessor is the "Insuring Party" unless otherwise stated herein. (See Paragraph 8 for further provisions.)

  • Billing Party means the Party rendering a bill.

  • complaining Party means any Party that requests the establishment of an arbitration panel under Article 3.5 (Initiation of the Arbitration Procedure);

  • Preparing Party has the meaning set forth in Section 2.04(a)(ii).

  • Performing Party As defined in Section 11.12.

  • infringement notice has the meaning set forth in Section 7.4.1;

  • Publishing Party has the meaning set forth in Section 12.3.

  • Defending Party has the meaning set forth in Section 14.2.3.

  • Non-Controlling Party means the party not controlling the defense of any Third Party Action.

  • Enforcing Party In connection with any Repurchase Request, (i) in the event one or more Requesting Certificateholders or Consultation Requesting Certificateholders has delivered a Final Dispute Resolution Election Notice with respect thereto pursuant to Section 2.03(g) of this Agreement, with respect to the mediation or arbitration that arises out of such Final Dispute Resolution Election Notice, such Requesting Certificateholder(s) and/or Consultation Requesting Certificateholder(s), or (ii) in all other cases, the Enforcing Servicer.

  • Settling Party means any one of, and “Settling Parties” means all of, the parties to the Stipulation, namely Defendants and Plaintiffs (on behalf of themselves and the Settlement Class).

  • Latent Defect means a defect, inherently lying within the material or arising out of design deficiency, which do not manifest themselves and/or was not reasonably discoverable during Defect Liability period.

  • Designating Party has the meaning set forth in Section 12.22.3.