Examples of Notice of Intent to Cure in a sentence
In addition, solely to the extent the Borrower has delivered to the Administrative Agent a Notice of Intent to Cure pursuant to Section 8.04, no request for a Credit Extension shall be honored after delivery of such notice until the applicable Cure Amount specified in such notice is actually received by the Borrower.
Upon receipt by the Administrative Agent of the Notice of Intent to Cure, CGI Borrower shall be deemed to satisfied the requirement of the financial covenant in Section 11.11 as set forth in clause (b) above; provided that if the Cure Expiration Date has occurred without the Cure Amount having been received and designated, any such Default or Event of Default shall be deemed reinstated.
The Notice of Intent to Cure shall be exercised no more than five times over the term of this Agreement.
If Borrower shall have delivered a Notice of Intent to Cure, in accordance with Section 5.01(m), then (subject to the preceding sentence) the right of the Lenders to declare the Loans due and payable and to terminate the Commitments pursuant to Section 7.03 solely as a result of such Default under Section 6.09 shall be suspended for a period of 10 Business days following the date of delivery of such Notice of Intent to Cure.
Within the time frame set forth in the last paragraph of Section 11, a Notice of Intent to Cure, if a Cure Right will be exercised thereunder.