Go Dark Cure

Example Definitions of "Go Dark Cure"
Go Dark Cure. The date subsequent to a Go Dark Trigger Event upon which Borrower provides evidence to Lender, reasonably acceptable to Lender, that (A) (i) the Debt Service Coverage Ratio in connection with the Loan is equal to or greater than 1.10 to 1.00 for two (2) consecutive full calendar quarters subsequent to any DSCR Trigger Event or (ii) a replacement tenant, acceptable to Lender, for Target Corporation, J.C. Penney Company, Inc. or Federated Department Stores, Inc., or any of their respective... successors and/or assign (as applicable) shall be in possession of, and open for business in, the space previously occupied by Target Corporation, J.C. Penney Company, Inc. or Federated Department Stores, Inc., or any of their respective successors and/or assign (as applicable), as evidenced by an estoppel delivered by such replacement tenant, which such estoppel shall be acceptable to Lender in all material respects and (B) no Default has occurred and is continuing View More
All Definitions