Examples of Uncured Event of Default in a sentence
Upon the occurrence of an Uncured Event of Default, the Council shall have the right to revoke the Agreement.
The exercise by the City of any one or more remedies under this Agreement shall not preclude the exercise by the City, at the same or different times, of any other remedies for the same material Uncured Event of Default.
Upon the occurrence of any Uncured Event of Default as described in Section IX., the Director shall report the occurrence of default to the City Manager and the Council.
If an Event of Default is not cured within the time period allowed for curing the Event of Default, as provided above, the Event of Default becomes, without additional notice, an Uncured Event of Default, which shall entitle the City to exercise the remedies provided for in Section X.
If any Event of Default is not cured within the time period allowed for curing the Event of Default, as provided for herein, such Event of Default shall, without additional notice, become an Uncured Event of Default, which shall entitle City to exercise the remedies provided for in the Contract.
The failure of Borrower to so cure the failure of such representation or warranty to be true, accurate and complete within said thirty (30) day period shall constitute an Uncured Event of Default.
Any Tenant Leasehold Mortgagee shall be entitled to exercise, on behalf of Tenant, Tenant's right to extend this Lease, by giving notice to Landlord, whether or not there is an outstanding Event of Default, but the exercise shall not prejudice Landlord's rights to enforce its remedies as to an Uncured Event of Default.
In the event of termination based on any Uncured Event of Default contained in this Agreement, all rights, powers and privileges of Airline under this Agreement shall cease, and Airline shall immediately vacate any portions of the Premises or Airport occupied by it under this Agreement.
Upon the occurrence of an Uncured Event of Default, if Lender chooses to exercise its rights set forth in Section 7(a)(ii) hereof, Borrower consents to the conveyance of title to the Property to Lender or any other Transferee (if other than Lender) in accordance with the terms of Section 7(a)(ii) hereof.
The Town shall notify Oncor in writing of an alleged Uncured Event of Default as described in Section 11.B, which notice shall specify the alleged failure with reasonable particularity.