Notice Opportunity Cure For Default
Description
How to fill out Application For Entry Of Default - Affidavit - Motion - Entry Of Default - Default Judgment?
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The provision provides that ?[i]n the event a cure is possible,? a company can avoid ?individual statutory damages or class-wide statutory damages? if it ?actually cures? the violations within 30 days and provide the consumer with ?an express written statement that the violations have been cured and that no further ...
Notice and right to cure clause samples. VI. NOTICE AND RIGHT TO CURE. Each party shall be entitled to written notice of any default and shall have: (i)five (5) days from receipt of such notice to cure a failure to close the purchase of the Property or provide the insurance requirements specified in Section2.
Notwithstanding anything to the contrary contained in the existing terms of the Debts, the parties agree that the Issuer shall have thirty (30) calendar days to cure a default that would otherwise result from the failure of the Issuer to make payments when due under the Debts.
The equity cure is a provision in loan documents which permits the borrower to receive into the company, equity capital in most cases, or subordinated intercompany debt in other instances and to apply the proceeds in such a way as to bolster certain financial metrics, with the result that the borrower is able to stave ...
Notice and Cure Period means a period of time commencing from the date upon which Lender notifies Borrower of the occurrence of an Initial Default and the curative time during which Borrower must cure such Initial Default, which (i) for monetary Initial Defaults (which shall not apply to payments under the Note or ...