Common use of Notice of Default and Cure Clause in Contracts

Notice of Default and Cure. Secured Party shall deliver Notice of any Default to Debtor. Debtor shall have the right to cure any Default specified under Section 1(d)(i) or (ii) within the Cure Period. Debtor may not cure a Default described in Section 1(d)(iii) through (ix) of this Agreement. If Debtor fails to cure the Default within the Cure Period, or is prohibited from curing the Default, then Secured Party may pursue any and all remedies provided in this Agreement. Debtor agrees that receipt of Notice shall provide Debtor with reasonable advance notice of a planned sale or other disposition of the Collateral by Secured Party.

Appears in 1 contract

Sources: Security Agreement (Genesis Financial Inc)

Notice of Default and Cure. Secured Party shall will deliver Notice of any Default to Debtor. Debtor shall will have the right to cure any Default specified under Section 1(d)(i) or (ii) within the Cure Period. Debtor may not cure a Default described in Section 1(d)(iii) through (ix) of this Agreement. If Debtor fails to cure the Default within the Cure Period, or is prohibited from curing the Default, then Secured Party may pursue any and all remedies provided in this Agreement. Debtor agrees that receipt of Notice shall will provide Debtor with reasonable advance notice of a planned sale or other disposition of the Collateral by Secured Party.

Appears in 1 contract

Sources: Security Agreement (MIPSolutions, Inc.)

Notice of Default and Cure. Secured Party shall deliver Notice of any Default to Debtor. Debtor shall have the right to cure any Default specified under Section 1(d)(iI (d)(i) or (ii) within the Cure Period. Debtor may not cure a Default described in Section 1(d)(iiiI (d)(iii) through (ix) of this Agreement. If Debtor fails to cure the Default within the Cure Period, or is prohibited from curing the Default, then Secured Party may pursue any and all remedies provided in this Agreement. Debtor agrees that receipt of Notice shall provide Debtor with reasonable advance notice of a planned sale or other disposition of the Collateral by Secured Party.,

Appears in 1 contract

Sources: Asset Purchase Agreement (United Mine Services, Inc.)