Common use of Cure Payment Clause in Contracts

Cure Payment. For a period of six months after the date AHF or its designee has made an LP Loan (other than a Default LP Loan) which increases the Excess LP Loan Amount (an "Excess LP Loan"), Wichita GP shall have the right to make a GP Loan in an amount equal to the amount by which such Excess LP Loan increased the Excess LP Loan Amount, plus the accrued interest on such Excess LP Loan. If the Wichita GP funds such a curative GP Loan by cash, certified check or wire transfer of immediately available funds within such six month period, the Partnership shall immediately use the proceeds of such loan to make a payment (a "Cure Payment") on the LP Loan equal to the amount of such GP Loan. If the Wichita GP does not fund such GP Loan by cash, certified check or wire transfer of immediately available funds within such six month period, then the right of the Wichita GP to make a GP Loan with respect to that particular increase in the Excess LP Loan Amount, and consequently reduce the Excess LP Loan Amount under this Section 5.10(g), shall terminate. Wichita GP shall have the right to make Cure Payments with respect to each LP Loan (other than a Default LP Loan) made by AHF or its designee. RIGHTS, OBLIGATIONS AND POWERS OF THE GENERAL PARTNER