Uncured Legal Meaning

„Not cured.” Merriam-Webster.com Dictionary, Merriam-Webster, www.merriam-webster.com/dictionary/uncured. Retrieved 13 November 2022. What happens if you fall behind on your lease? If you do not remedy the situation, your landlord will demand reimbursement of the rent payable under your lease, including unpaid rent and any future rent remaining, in addition to legal fees and costs incurred to clean up the premises. These sample phrases are automatically selected from various online information sources to reflect the current use of the word „not cured.” The views expressed in the examples do not represent the views of Merriam-Webster or its editors. Send us your feedback. Not cured. Both methods are used to preserve meat. Since no nitrite is added, the meat is considered undried by the USDA. Whether you opt for the hardened or uncured, you should know that it must be kept so that it does not spoil. The truth is that all bacon must be cured before it is consumed. Although undried bacon is still dried bacon, it goes through a very different process.

A process that is better for you and much more tasteful! Simply put, non-hydrogenated bacon is bacon that has not been hardened with synthetic nitrates and nitrites. What is the most common form of tenant standard? Non-payment of rent or maintenance of the premises. A default remains on your credit file for six years from the date of default, whether or not you repay the debt. But the good news is that once your default is removed, the lender won`t be able to re-register it, even if you still owe them money. Default or default event A default event is one of the possible things that a bank does not want to see happen to its borrowers. A failure is an event that, in time or notification, or both, would mean a delay event. Looking at the definitions of both, one might think they mean the same thing. An immature default event is any event that would be a default event upon termination, time flow, or both. Note Default Event means any „Default Event” specified in Section 5.1 of the Indture. A „default” is the failure to comply with a provision of the lease. „Fixing” or „correcting” the delay means correcting the error or omission.

A common example is failure to pay rent on time. Typically, a lease gives the parties sufficient notice and time to resolve the issue before taking more drastic action. In case of unresolved violation by the lessor, the tenant may send the lessor an offer of termination in accordance with Article 452, item 2, of the Civil Code of the Russian Federation. Without prejudice to any other right of the lessee under this article, in the event of a breach not corrected by the lessor, the lessee may, at its sole discretion, execute, correct and repair any inventory resulting from the particular breach not remedied, but only if such execution, correction and repair work can only be carried out on the premises and the lessor or one of the tenants in the premises has not not cause inconvenience. Building. The defaulting party has not performed or breached any material provision or obligation owed to that party under this Agreement and does not cure the failure or breach within seven (7) days of receipt of written notice from the performing party; Unresolved default. Uncorrected delay event means default events that are not corrected in a timely manner, as further described in Section 31.2. If a business defaults on this type of debt, the lender can take possession of the property or equipment offered as security for the debt. In some cases, the lender is limited to the secured assets, and if the obligation exceeds the secured value, the lender must assume the loss. What is the difference between default and default event?. Uncorrected means a defect in title that has not been corrected as set forth in this Agreement.

Example 1. Uncorrected means a material breach of Seller`s representations and warranties in Section 4.19 or 4.20 that has not been corrected in accordance with this Agreement. An event of default is a predefined circumstance that allows a lender to require full repayment of any outstanding balance before maturity. An event of default allows the lender to seize and sell collateral pledged to collect the loan. The tenant has the right to claim compensation from the landlord for actual documented losses suffered or resulting from the tenant in connection with the unremedied violation, or the replacement of the damaged tenant`s property as a result of the unrepaired violation by the property of comparable characteristics, quality and price, But the tenant is not entitled to compensation for additional loss or damage, unless the uncorrected violation was caused by wilful misconduct on the part of the landlord. The right of healing gives a person the opportunity to make late payments for a loan before it defaults.