Right to Cure. If any default, other than a Default on Indebtedness, is curable and if Grantor has not been given a prior notice of a breach of the same provision of this Agreement, it may be cured (and no Event of Default will have occurred) if Grantor, after Lender sends written notice demanding cure of such default, (a) cures the default within fifteen (15) days; or (b), if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.
Appears in 14 contracts
Sources: Loan Agreement (Incomnet Inc), Commercial Security Agreement (New West Eyeworks Inc), Commercial Security Agreement (Mitcham Industries Inc)
Right to Cure. If any default, other than a Default default on Indebtedness, is curable and if Grantor Borrower or Grantor, as the case may be, has not been given a prior notice of a breach of similar default within the same provision of this Agreementpreceding twelve (12) months, it may be cured (and no Event of Default will have occurred) if Borrower or Grantor, as the case may be, after Lender sends receiving written notice from Lender demanding cure of such default, : (a1) cures cure the default within fifteen (15) days; or (b), 2) if the cure requires more than fifteen (15) days, immediately initiates initiate steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues continue and completes complete all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.
Appears in 11 contracts
Sources: Business Loan Agreement (Amphastar Pharmaceuticals, Inc.), Business Loan Agreement (Amphastar Pharmaceuticals, Inc.), Business Loan Agreement (Amphastar Pharmaceuticals, Inc.)
Right to Cure. If any default, other than a Default on Indebtedness, is curable and if Grantor has not been given a prior notice of a breach of the same provision of this Agreement, it may be cured (and no Event of Default will have occurred) if Grantor, after Lender sends written notice demanding cure of such default, (a) cures the default within fifteen thirty (1530) days; or (b), if the cure requires more than fifteen thirty (1530) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.
Appears in 4 contracts
Sources: Commercial Pledge and Security Agreement (Magnavision Corporation), Commercial Security Agreement (New America Network Inc), Commercial Security Agreement (New America Network Inc)
Right to Cure. If any default, other than a Default on Indebtedness, is curable and if Grantor has not been given a prior notice of a breach of the same provision of this Agreement, it may be cured (and no Event of Default will have occurred) if Grantor, after Lender sends written notice demanding cure of such default, (a) cures the default within fifteen (15) days; or (b), ) if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.
Appears in 3 contracts
Sources: Business Loan Agreement (Coda Music Technology Inc), Loan Agreement (Patterson Eddy L), Commercial Security Agreement (Klein Engines & Competition Components Inc)
Right to Cure. If any default, other than a Default on Indebtednessindebtedness, is curable and if Grantor or Borrower has not been given a prior notice of a breach of the same provision of this the Agreement, it may be cured (and no Event of Default will have occurred) if GrantorGrantor or `Borrower, after Lender sends written notice demanding cure of such default, (a) cures the default within fifteen ten (1510) days; or (b), ) if the cure requires more than fifteen ten (1510) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.
Appears in 3 contracts
Sources: Commercial Security Agreement (Boatracs Inc /Ca/), Commercial Security Agreement (Boatracs Inc /Ca/), Commercial Security Agreement (Boatracs Inc /Ca/)
Right to Cure. If any default, other than a Default on Indebtedness, is curable and if Grantor has not been given a prior notice of a breach of the same provision of this Agreement, it may be cured (and no Event of Default will have occurred) if Grantor, after Lender sends written notice demanding cure of such default, (a) cures the default within fifteen (15) days; or (b), if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.
Appears in 3 contracts
Sources: Business Loan Agreement (Web Press Corp), Business Loan Agreement (Web Press Corp), Business Loan Agreement (Web Press Corp)
Right to Cure. If any default, other than a Default on Indebtedness, is curable and if Grantor or Borrower has not been given a prior notice of a breach of the same provision of this Agreement, it may be cured (and no Event of Default will have occurred) if GrantorGrantor or Borrower, after Lender sends written notice demanding cure of such default, (a) cures the default within fifteen (15) days; or (b), if the cure requires more than fifteen (15) days, days immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.
Appears in 2 contracts
Sources: Commercial Security Agreement (Pacific Aerospace & Electronics Inc), Commercial Security Agreement (Pacific Aerospace & Electronics Inc)
Right to Cure. If any default, other than a Default on Indebtedness, is curable and if Grantor has not been given a prior notice of a breach of the same provision of this Agreement, it may be cured (and no Event of Default will have occurred) if Grantor, after Lender sends written notice demanding cure of such default, (a) cures the default within fifteen twenty (1520) days; or (b), if the cure requires more than fifteen twenty (1520) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.
Appears in 2 contracts
Sources: Commercial Security Agreement (Whitman Education Group Inc), Business Loan Agreement (Transcrypt International Inc)
Right to Cure. If any default, other than a Default on Indebtedness, is curable and if Grantor has not been given a prior notice of a breach of the same provision of this Agreement, it may be cured (and no Event of Default will have occurred) if Grantor, after Lender sends written notice demanding cure of such default, (a) cures the default within fifteen (15) days; or (b), if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.
Appears in 2 contracts
Sources: Business Loan Agreement (Web Press Corp), Loan Agreement (Web Press Corp)
Right to Cure. If any default, other than a Default on Indebtedness, is curable and if Grantor has not been given a prior notice of a breach of the same provision of this Agreement, it may be cured (and no Event of Default will have occurred) if Grantor, after Lender sends written notice demanding cure of such default, (a) cures the default within fifteen ten (1510) days; or (b), if the cure requires more than fifteen ten (1510) days, immediately initiates steps which Lender deems in Lender's sole reasonable discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.
Appears in 1 contract
Right to Cure. If any default, other than a Default on Indebtednessindebtedness, is curable and if Grantor has not been given a prior notice of a breach of the same provision of this Agreement, it may be cured (and no Event of Default will have occurred) if Grantor, after Lender sends written notice demanding cure of such default, (a) cures the default within fifteen (15) days; or (b), if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.
Appears in 1 contract
Sources: Change in Terms Agreement (Transcrypt International Inc)
Right to Cure. If any default, other than a Default on Indebtedness, is curable and if Grantor has not been given a prior notice of a breach of the same provision of this Agreement, it may be cured (and no Event of Default will have occurred) if Grantor, after Lender sends written notice writ▇▇▇ ▇▇tice demanding cure of such default, (a) cures the default within fifteen (15) days; or (b), ) if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.
Appears in 1 contract
Right to Cure. If any default, other than a Default on Indebtednessindebtedness, is curable and if Grantor or Borrower has not been given a prior notice of a breach of the same provision of this Agreement, it may be cured (and no Event of Default will have occurred) if GrantorGrantor or Borrower, after Lender sends written notice demanding cure of such default, (a) cures the default within fifteen ten (1510) days; or (b), if the cure requires required more than fifteen ten (1510) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.
Appears in 1 contract
Sources: Commercial Security Agreement (Alliance Pharmaceutical Corp)
Right to Cure. If It any default, other than a Default on Indebtedness, is curable and if Grantor has not been given a prior notice of a breach of the same provision of this Agreement, it may be cured (and no Event of Default will have occurred) if Grantor, after Lender sends written notice demanding cure of such default, (a) cures the default within fifteen (15) days; or (b), if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.
Appears in 1 contract
Right to Cure. If any default, other than a Default on Indebtedness, is curable and if Grantor has not been given a prior notice of a breach of the same provision of this Agreement, it may be cured (and no Event of Default will have occurred) if Grantor, after Lender sends written notice demanding cure of such default, (a) cures the default within fifteen twenty one (1521) days; or (b), ) if the cure requires more than fifteen twenty one (1521) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.
Appears in 1 contract
Sources: Commercial Security Agreement (Universal Money Centers Inc)
Right to Cure. If any default, other than a Default on Indebtedness, is curable and if Grantor has not been given a prior notice of a breach of the same provision of this Agreement, it may be cured (and no Event of Default will have occurred) if Grantor, after Lender sends written notice demanding cure of such default, (a) cures the default within fifteen ten (1510) days; or (b), if the cure requires more than fifteen ten (1510) days, immediately initiates Initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.
Appears in 1 contract
Right to Cure. If any default, other than a Default on Indebtedness, is curable and if Grantor or Borrower has not been given a prior notice of a breach of the same provision of this Agreement, it may be cured (and no Event of Default will have occurred) if GrantorGrantor or Borrower, after Lender sends written notice demanding cure of such default, (a) cures the default within fifteen (15) days; or (b), ) if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.
Appears in 1 contract
Sources: Commercial Security Agreement (Pacific Aerospace & Electronics Inc)
Right to Cure. If any default, other than a Default on Indebtednessindebtedness, is curable and if Grantor has not been given a prior notice of a breach of the same provision of this Agreement, it may be cured (and no Event of Default will have occurred) if Grantor, after Lender sends written notice demanding cure of such default, (a) cures the default within fifteen ten (1510) days; or (b), if the cure requires more than fifteen ten (1510) days, immediately immediately, initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.
Appears in 1 contract
Right to Cure. If any default, other than a Default on Indebtedness, is curable and if Grantor has not been given a prior notice of a breach of the same provision of this Agreement, it may be cured (and no Event of Default will have occurred) if Grantor, after Lender ▇▇▇▇▇▇ sends written notice demanding cure of such default, default (a) cures the default within fifteen (15) days; or (b), if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender▇▇▇▇▇▇'s sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.
Appears in 1 contract
Sources: Disbursement Request and Authorization (Expresspoint Technology Systems Inc)
Right to Cure. If It any default, other than a Default on Indebtedness, is curable and if Grantor has not been given a prior notice of a breach of the same provision of this Agreement, it may be cured (and no Event of Default will have occurred) if Grantor, after Lender sends written notice demanding cure of such default, (a) cures the default within fifteen (15) days; or (b), if it the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient sufficient, to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.
Appears in 1 contract
Sources: Commercial Security Agreement (Techniclone International Corp)
Right to Cure. If any default, other than a Default on Indebtednessindebtedness, is curable and if Grantor has not been given a prior notice of a breach of the same provision of this Agreement, it may be cured (and no Event of Default will have have) occurred) if If Grantor, after Lender ▇▇▇▇▇▇ sends written notice demanding cure Cure of such default, (a) cures the default within fifteen (15) days; or (b), . if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender▇▇▇▇▇▇'s sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.
Appears in 1 contract
Sources: Corporate Resolution to Borrow (Arc Communications Inc)
Right to Cure. If any default, other than a Default on Indebtedness, is curable and if Grantor has not been given a prior notice of a 'I breach of the same provision of this Agreement, it may be cured (and no Event of Default will have occurred) if Grantor, after Lender sends written notice demanding cure of such default, (a) cures Cures the default within fifteen (15) days; or (b), if the cure requires more than fifteen (15) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.
Appears in 1 contract