Common use of DAY CURE Clause in Contracts

DAY CURE. Any Loan Party shall fail to perform or comply with any other covenant or agreement and such failure continues for a period of thirty (30) days from the earlier of (i) the Borrower's actual knowledge of the event or condition causing the default or (ii) the Borrower's receipt of written notice thereof from the Administrative Agent; or

Appears in 1 contract

Sources: Senior Secured Credit Agreement (Overhill Farms Inc)

DAY CURE. Any Loan Party shall fail to perform or comply with any other covenant or agreement contained in SECTIONS 8.06 OR 8.13 and such failure continues for a period of thirty five (305) days from the earlier of (i) the Borrower's actual knowledge of the event or condition causing the default or (ii) the Borrower's receipt of written notice thereof from the Administrative Agentdays; or

Appears in 1 contract

Sources: Senior Secured Credit Agreement (Overhill Farms Inc)