Notice of Default and Cure. The Pledgee shall deliver notice of any Event of Default to the Pledgor. The Pledgor shall have the right to cure any Event of Default in accordance with the Cure Period specified under the Note. If the Pledgor fails to cure an Event of Default as described in the Note, then, after expiration of the Cure Period specified in the Note, the Pledgee may pursue any and all remedies provided in this Agreement.
Appears in 1 contract
Sources: Membership Interest Pledge Agreement (Taronis Fuels, Inc.)
Notice of Default and Cure. The Pledgee shall deliver notice of any Event of Default to the PledgorPledgor and to the Escrow Agent. The Pledgor shall have the right to cure any Event of Default in accordance with the Cure Period specified under the Note. If the Pledgor fails to cure an Event of a Default as described in the Note, then, after expiration of the Cure Period specified in the Notesuch applicable cure period, the Pledgee may pursue any and all remedies provided in this Agreement.
Appears in 1 contract