DAY CURE. Any Credit Party shall fail to perform or comply with any other covenant or agreement and such failure continues for a period of thirty (30) days after learning of such failure or receiving written notice thereof from any Agent, provided that if such cure is not completed within such thirty (30)-day period, so long as such Credit Party has a commitment to cure and diligently pursues to complete such cure, such period shall be extended an additional thirty (30) days thereafter.
Appears in 2 contracts
Sources: Revolving Credit Agreement (James River Coal CO), Term Credit Agreement (James River Coal CO)
DAY CURE. Any Credit Party shall fail to perform or comply with any other covenant or agreement not specified in clauses (a), (b), (c) or (d) above and such failure continues for a period of thirty (30) days after learning of such failure or receiving written notice thereof from any AgentAgent or any Lender, provided that if such cure is not completed within such thirty (30)-day period, so long as such Credit Party has a commitment to cure and diligently pursues to complete such cure, such period shall be extended an additional thirty (30) days thereafter.
Appears in 1 contract